Selling moms house - first time buyer - down payment on new house

Selling moms house - first time buyer - down payment on new house

Contractor · Ventura, CA · Member since 2016 · 6 posts · 2 votes
I'm wanting to upgrade my moms house in Ventura and then sell it. Need to now which upgrades are worthwhile to bring the value of the house up. Also make it sellable. Then looking to take the cash leftover after paying off existing loan, to make a down payment on another house or two. I'm a first time buyer with some holes in my credentials, I.e. Credit and income. I would love some feedback. Also some one on one consulting in the Ventura area to sell the house. Then help on purchasing new home/s. Thank you, Peter A. Molina
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  • Ventura, CA · Member since 2014 · 8 posts · 2 votes
    10y

    hello Peter, sent you a pm.

    Thanks,

    Ian

  • Investor · Milwaukee, WI · Member since 2014 · 811 posts · 420 votes
    10y
    I'd upgrade the kitchen and the bathrooms--assuming the plumbing, electrical, roof, HVAC are in working order. If not, take care of that first.
  • Investor · Ventura, CA · Member since 2016 · 264 posts · 70 votes
    10y

    Contact a real estate agent to help you make the decisions. They know what they can sell. Last week I talked to an agent re possibly selling an Oxnard home. She recommended the very basic stuff for our 1980's house. Namely, paint, scrape ceiling, change faucets and bath mirrors and flooring. She thought with just these fixes we could ask top dollar and get it. 

  • Investor · Oxnard, CA · Member since 2014 · 438 posts · 187 votes
    10y

    @Peter Molina

    My wife and I are located in Ventura/Oxnard. We would be happy to take a look at your mother's home with you and offer some suggestions.  Please feel free to reach out via PM if there is anything that we can do for you.

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