Sunday, January 29, 2017

Preparing your Orange County Home For Sale – Reduce Spending

Many time people who are getting ready to list their property think that they need to invest a boat-load of money into the home to prepare it for sale. One of the major problems with this is that it delays it getting the property on the MLS. From repairs (both minor and major) to staging, the process can become overwhelming.

There are numerous ways to reduce expenses prior to listing the home. One of them is to make sure you are working with a veteran Orange County Realtor who is knowledgeable about the entire transaction from start to close of escrow. Hiring a home inspector PRIOR to listing the home is another way to reduce costs. Most sellers don’t complete this part until after the offer has been made and accepted. By find problems with the home prior to listing, they can then have them repaired and then price the home better leading to a faster close.

 

Minor fixes can be useful in attracting buyers, however major renovations likely will not pay-off equal to the investment they have put into the property. For example, adding a pool or adding a room addition will most likely be a good rate of return on a person’s investment. Minor improvements such as paint, replacing the outdated stove-top, and cleaning up the landscaping around the home are practical and will increase the homes overall “look and feel”.

Not exactly sure where to start? The Realtor website posted some excellent ideas.

  • Repair and replace loos or damaged roof shingles

  • Repair and repaint loos siding and caulking

  • Clean and align gutters

  • Make sure the landscaping is clean and uncluttered

  • Inspect doors and window for peeling paint

  • Check the foundation, walls and patio for cracks.

  • Clean the fireplace

  • Re-seal asphalt driveway

  • Store unsightly cars elsewhere while the home is on the market.

  • Put a fresh coat of paint on the front door.

BanCorp Realty is a division of The Irvine Holding Company

BanCorp Realty is a division of The Irvine Holding Company