Here’s how to spruce up and refresh your home, even on a budget.
Are you thinking of selling or sprucing up your house a little to make it more inviting? If so, today I’m covering the six top, proven strategies to maximize your home value—even if you don’t have a high budget.
Feel free to follow along in the video above or else use the timestamps below to navigate the conversation at your leisure:
1:40—Declutter your home
2:47—Make your house certified pre-owned (CPO)
4:50—Change your front door handle
5:41—Fresh paint and carpet
8:07—Make your handles and hardware uniform
If you have any questions or would like more advice about reinvigorating your home, don’t hesitate to give me a call or send me an email. I’d be happy to help.
Here’s how we can help represent your interest in real estate deals.
If you’ve been thinking of selling in this market, you have a lot of options. Prices are up and demand is high, so if you are looking for something specific from a buyer, you can probably find it. For example, if you want to sell to a cash buyer, one option is to sell to a venture capital company like OpenDoor or Zillow.
If this is the path you want to take, please give my team a call. We can represent your interests in the transactions and fight to get you the best deal possible. If you go to one of these companies directly, they won’t offer you the best price they are willing to pay. We can leverage our existing relationships with these companies to maximize your profit.
This is a similar situation to new-build properties. If you walk into a new-build situation without an agent, you have relinquished your right to representation during the negotiation phase. Sometimes this isn’t an issue, but often, builders and venture capital companies take advantage of your lack of experience.
We can leverage our existing relationships with these companies to maximize your profit.
The second thing I want to talk about today is a program for sellers that want to buy before they sell. This program will buy your house to alleviate your debt obligations until you buy your new home. After you move into your new home, you can then sell your old home at your leisure.
If you’d like to hear the details of this program or if you have any other questions, please give me or my team a call. We’d love to help you in any way we can.
These strategies can help you secure a home after selling your current one.
Buyer demand is incredibly high right now, which means homes can sell very quickly. Unfortunately, this leaves some sellers worried about what happens afterward. If there’s so much competition among buyers, how can a seller find a new place to live? This uncertainty is stopping some would-be sellers from jumping into the market.
Fortunately, there are a few strategies you can use to ensure you don’t end up without a home after you sell. Your purchase of a new home likely depends on the sale of your old one, so here are some ways you can navigate this situation:
1. Sell now and negotiate a post-possession deal: You can go ahead and list your home, and we will negotiate a post-possession clause that allows you to stay in the home for up to 60 days after selling. After 60 days, it technically becomes a lease agreement, and some of our clients have been able to secure a lease for as long as six months after selling. And because our market has been so crazy, the costs of the lease are usually waived completely. This gives the seller plenty of time to find a new place to live, and their next purchase is no longer contingent on their previous home’s sale.
All of these approaches can help ensure that you don’t end up without a home after selling.
2. Get qualified to purchase without having to sell first: There are things you can do that involve leasing your property. This can lower your debt-to-income ratio and give you the funds needed to purchase another home while still owning your old one.
3. Buy first and then sell: If your purchase is contingent on the sale of your old home, there’s still a way you can buy a new home before selling. How? We have an investor that will give you the money up front, allowing you to buy the home in cash. As soon as it closes, you’ll have a temporary loan on the property. You then sell your old home (which will sell quickly), get the money from the sale, and get financing for your new property. This investor option is essentially a short-term loan that acts the same as cash. You may pay around 9% to 12% interest for a few months before refinancing into your new mortgage.
All of these approaches can help ensure that you don’t end up without a home after selling. If you’re thinking about selling and then buying a new home, contact us to learn more about which strategy may work best for your situation. We look forward to hearing from you soon.
I have very exciting news for home sellers! The Cook & Associates Real Estate Advisors has a new resource to help you sell your home quickly and without the hassle of the traditional market: www.YourOfferHub.com.
This new website is a platform you can visit if you want an instant cash offer for your home. iBuyers have become a major presence in markets across the country, and YourOfferHub.com is our version of the phenomenon.
If you’re in the position where price matters less than a speedy and convenient sale, this is a great opportunity for you.
Like other iBuyer companies, the instant offer you’d receive from this program would be for a profit, so the price you’d get wouldn’t be as high as the market value of your home. However, if you value convenience over your bottom line, please check out www.YourOfferHub.com to see what you could get for your home.
On the site, you can explore side-by-side offer comparisons between investors looking to make cash offers on properties. Conversely, if you’re looking to sell your home for top dollar on the open market, then have no fear—the Cook & Associates Real Estate Advisors still offers that service (and very well, I might add).
For any questions you have about the iBuyer process or real estate in general, give us a call or send an email. We’d love to help you.