The real estate market has begun its rebound, and with it has come an increase in homebuyer activity. Adding to the renewed interest are many first-time buyers looking to take advantage of the $8,000 tax credit before it expires on December 1.
A well-cared-for home with memorable details speaks for itself. Sellers looking to make their home stand out can make a few small enhancements that won’t cost a lot of money, but will help catch a buyer’s eye and could lead to an offer.
Here are a few areas where it may make sense to spend a little remodeling money:
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Create a finished look by adding crown molding, wider baseboards and/or decorative framing around doors.
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Add better insulation, caulking and energy efficient appliances which are popular with buyers.
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Freshen up the walls with a new coat of neutral-color paint. Faux finishes or accent walls can add pizzazz when colors and textures with mass appeal are chosen.
To find out more information feel free to contact me any time.
Jason@JMartocci.com
The key to selling your home is to get a buyer to fall in love with it, and to have them imagine the house as their own. As such, it is important to capture a positive first impression as prospective buyers enter each part of your house. Home builders know that a model home often hooks buyers, and the model home concept is something that can also be used by individual home sellers.
If your home is on the market, you can gain from these tips from a model home interior designer:
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Add style to the kitchen: Whether you have upgraded cabinets and countertops or not, adding stylish touches to the kitchen will appeal to buyers. For example, set the table with placemats and two place settings, as well as candlesticks and a bowl of fresh fruit.
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Hotel-like accommodations: Portray relaxation and luxury in the master bedroom by accessorizing with a plush comforter and a variety of throw pillows. Stack fluffy towels in the bathroom, along with some fancy bubble bath.
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Light things up: Lots of light makes spaces feel larger. Open all of your curtains and shades, and keep all lights on when you know you will have people coming for a showing. If necessary, add a few extra lamps to shed the best possible light on your home.
To find out more information feel free to contact me any time.
Jason@JMartocci.com
Homeownership has many advantages, including tax benefits and the ability to build equity. And now, current market conditions make purchasing a home an even more attractive option than ever before.
In fact, a report earlier this week showed that the National Association of Realtors’ Housing Affordability Index rose in April to the second highest monthly reading on record. That means homes are more affordable now than at almost any other time.
What’s more, the limited-time $8,000 first-time buyer tax credit makes purchasing a home an even better deal.
Those considering a move from renter to homeowner should keep these factors in mind:
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Length of ownership: How long do you plan to own your new home? Because of the costs associated with a home purchase, buying now could be a great choice if you plan to own the home for at least five years.
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Cost: How much should you spend? Contact a mortgage professional to find out your price range, and then crunch the numbers so you don’t buy a home that is more than you can afford.
- Quality of life: In addition to greater median wealth compared to renters with comparable incomes, research shows that homeowners have better physical and psychological health, as well as higher life satisfaction and self esteem.
To find out more information feel free to contact me any time.
Jason@JMartocci.com
