Home Seller’s Guide To Moneymaking Fix-Ups Series - Pamela Efferson

Home Seller’s Guide To Moneymaking Fix-Ups Series

Welcome to my "Home Seller's Guide To Moneymaking Fix-Ups" This series is designed to provide a guide for you as you move forward with updates to your home.

           "Homes That Sell The Fastest,
Also Sell For The Most Money"

                          Whether you know it or not, it's true.  Very true! 

      There's a little-known dynamic in real estate that can dramatically affect the successful, top dollar sale of your home.  See…that statement all boils down to the fact that…

The Elements That Motivate A Fast Home Sale…

Are The Same Elements That Sell Homes For Top Dollar

     Each year thousands of homeowners needlessly lose thousands of dollars when selling their home.  But they don't lose the money for reasons you might think. They lose money because they unknowingly left it on the table…for the buyer to pocket…by failing to recognize the hidden profit potential of their home.

 

      And those hidden profits exist in two areas. 

 

      First, most homeowners never discover that certain small, even inexpensive repairs to their existing home could generate many times their cost in additional home value.  But on the other hand, other repairs and improvements can cost you dearly.  It's critical to know what repairs and improvements to spend money on…and which ones to leave alone.

 

      Second, when many savvy homeowners decide to make profitable repairs before selling, they expose themselves to the ruthless world of contractors and their potentially-deceptive schemes that drive up the costs of home repairs.

 

      Between not knowing what to repair for maximum profit, and dealing with the world of contractor schemes, it's easy to understand how you might become overwhelmed with the whole process.  But don't despair.


In the following pages, I'm going to reveal to you exactly what areas make sense to fix and what areas to leave alone…not using "opinion," but real world facts.  Then, I'm going to give you a "behind the scenes tour" of the games some contractors play when fixing your home (by the way, not all contractors are sinister - I know many with stellar reputations).

 

      This way you'll be armed  with knowledge and strategies to stay one-step ahead of the game…and maximize the value of your home when you sell.

How To Select Home Improvements That Pay Dividends

      Generally speaking, there are two ways to go about home improvements.  You're either going to splurge on your home because it's your palace and you simply want a beautiful place to live, OR, you're going to take a more logical, pragmatic approach designed to increase your home's value.

 

      Problem is, you'll never achieve both.   In fact, many homeowners expose themselves to the very problems they're trying to avoid in the process of home fix-ups.

 

      For example a couple, who four years ago purchased a home for $190,000.  Since buying their home, they've spent over $60,000 fixing it up and making it the "perfect" place to live.  A few months ago, they put the home on the market at $270,000.   The best offer they received was only $235,000. 

 

      Their mistake?  Spending money on amenities and features that were ancillary to the value of the home. 

 

      Just because you spend $30,000 on the fix-up of your home doesn't mean you're going to get it out when you sell.  It doesn't automatically make your home worth $30,000 more.  And that's exactly why you need to know which fix-ups pay off  big, and which ones will cost you potentially thousands of dollars. 

 

      Please join me for part two of this series where we will take a look at the most common areas of fix-up…

Pamela Efferson, REALTOR
Better Homes & Garden Real Estate Anderson Properties
Phone: (713) 862-0000
Fax: (713) 490-3550
Email: pamela@SellingHomesInHouston.com

Blog: https://blogs.har.com/Efferson
Web: https://www.har.com/Efferson
    

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