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Purchase Real Estate

Important Things You Should Do Before Showing Your House to Potential Buyers

Buyers expect the condition of your home to match the description and maintenance issues can turn buyers off. Even after you have listed your home on various websites, be prepared for potential buyers to show up. But before that, you need to make sure that your house is sale-ready. Get tips online on home improvements, make the necessary repairs, light the house properly, de-clutter every room, touch-up or repaint the rooms if necessary, so that when the potential buyers come to visit your open-house, they can make a proper decision.

Prioritize the most glaring issues that are likely to turn up during home inspections. With a number of houses on sale to choose from, home buyers can afford to be picky about the property they invest their hard-earned money in. Home buyers look for the best so a home up for sale can easily slip through the cracks if it’s not in a pristine condition. Investing some time and effort to prepare your house for sale can increase the chances of getting offers as soon as you list the property.

Here are a few things that you must do before showing your house to potential buyers in order to avoid any deal breakers:

De-clutter
Clutter can be a major obstacle while selling a home. Most of us live in clutter and we get so accustomed to it that we hardly perceive anymore. Start with the closets; make sure that your closets are half-full with nothing on the floor. The same goes for bookshelves and kitchen shelves as well. Your house should showcase spaciousness when the potential buyers come to visit. If your home is a mess, it leaves a bad impression on the people visiting making them question the maintenance of the house as well.

Clean it
A major turn-off for home buyers is walking into a home with grimy floors, crusty kitchens counters, and dirt and dust everywhere. Before you list your house on the market, make sure it’s cleaned from top to bottom until it’s sparkling. Make an extra effort to steam-clean the tiles and replace the carpets. If the carpets are old and smelly, replace them; if they are new, make sure they are shampooed. If it seems like a daunting task that is too much for you, hire a professional cleaning service. The added expense is worth it.

Make it spacious
Almost every home show better if it looks spacious so remove the extra furniture, empty bookcases, artwork, and pieces that block the paths and walkways and rent out a storage unit to put them in. Organize the closets and drawers and leave them with minimum stuff in them.

Make the necessary repairs
In a buyer’s market, you want your home to be in the best condition possible. Make sure to take care of the major defects like broken windows, or a leaking roof. Normal wear and tears such as a squeaky door or a window that sticks may seem like minor quirks to you but these could discourage buyers and lower the value of your home. Your home’s ventilation, heating, and air conditioning system should work and be leak-free. In addition to this, make sure that the smoke detectors, electrical panels, circuit breakers, and water heaters work properly. Also examine the exterior of the house for peelings, cracks, etc.

Depersonalize
Nowadays, home buyers look for places with a certain character and charm. The personal décor that you appreciate might turn out to be a major turn-off for potential buyers. Decorate the house such that the potential buyers can imagine living in the home. So, make it easier for them to do that by neutralizing the interior of the house. Any décor that might be controversial or sensitive to others, such as sports or political memorabilia, religious or military icons, should be removed before the buyers visit. Keep it neutral and upbeat.

Categories
Purchase Real Estate

7 Advantages Of Buying a Plot

If you are finding it hard to decide whether you should buy an apartment or plot, you are on the right page. Although each option has its own set of pros and cons, buying a plot is a better decision from the investment point of view. In this article, we will take a look at the advantages you can enjoy by purchasing plots. Read on to find out more.

1. Low Acquisition Costs

One of the primary benefits of investing in a plot is that it doesn’t require a big deal of investment. And even if the building has no value, the land owner will have to make payment to get it demolished. Therefore, a building costs more than a piece of land. If you are a first time buyer, you should go for a plot instead of an apartment.

2. Construction Flexibility

If you are looking to purchase an apartment, know that it will be a tradeoff between location, budget, structure or design. It’s important to keep in mind that the apartment may cost more, especially if it’s located in a popular location where the demand for these plots is quite high.

Based on your budget, you can opt for the right design to construct a building on it. If you can’t construct a luxury house at the moment, you can have one built down the road provided there is enough area for construction.

3. Privacy

Here it’s important to keep in mind that plot owners share the available floor space with other people. Therefore, they enjoy privacy while sharing the space with others.

4. Reduced Maintenance Cost

If you have a budget constraint, know that you may not be able to construct a house on your plot. However, this comes with the benefit that you won’t need to bear huge maintenance costs associated with apartments.

5. Higher Appreciation Potential

As far as real estate appreciation is concerned, know that the rise in value is associated with plots, not apartments. When you invest in an apartment, the value of the apartment rises on the basis of the Undivided Share of Land (UDS). So, if the one you have bought enjoys more UDS, know that it will go up in value more. We buy houses in Fort Myers

6. Immediate Possession

Today, one of the most common risks is associated with the ownerships of the apartment or plot you have paid for. If the possession gets delayed for some reason, it results in many effects, such as rental income loss, tax benefit loss and pre EMI interest, to name a few. On the other hand, if you own a plot, you won’t have to worry about these risks.

7. No Risks

If the apartment you have bought is built with deviation, it may get demolished. Even if it doesn’t get demolished, you may face problems when selling it again or applying for a loan.

On the other hand, for plot projects, you don’t need to get construction approvals. All you need to do is get layout and title approval the concerned authorities.

So, these are some advantages of buying plots instead of apartments.