S P E C I A L S E C T I O N : R E A L E S TAT E
considering buying a home, it’s also helpful to have someone
who would not be buying the home go with you to take a look.
He/she will be able to point out potential issues that you may
not see when trying to make such an important decision.
7. SELLING: Ignore the housing market.
Don’t waste your time watching the housing market for
the best time to sell. According to Investopedia, “it doesn’t
matter what your home is worth at any given moment except
the moment when you sell it. Being able to choose when you
sell your home, rather than being forced to sell it due to job
relocation or financial distress, will be the biggest determinant
of whether you will see a solid profit from your investment.”
8. SELLING: Will renovating always increase
my resale value?
Make conscious decisions when renovating your home.
While newer will entice potential buyers, be cognizant of what
rooms you update and how you do it. An updated kitchen will
increase the value of your home, but be sure to appeal to a wide
range of tastes. A good place to start is with the appliances.
Realtor.com states that homes with stainless steel appliances sell
15 percent faster than those without. Updated bathrooms are
easier to satisfy a wider range of buyers’ desires for luxury, but
be sure to keep the colors neutral.
22 724.942.0940 TO ADVERTISE | Canon-Mac