The mortgage renewal process is intimidating, but things are looking up for most home owners. Here’s what you should know!
Selling your home? Here are your to-dos
Are you preparing to sell your home? Selling your home is a huge task that requires lots of organization and planning. Not only do you have to take steps to ensure you secure the best sale on your property, but you must think about your future as a home owner as well. If you’re gearing up to sell your house, here are the essential action items that will help the process go smoothly and successfully.
Enhance curb appeal
First impressions matter, especially in real estate! The exterior of your home is the first thing potential buyers will see, and you want it to make a positive impact. This means enhancing your home’s curb appeal. One of the top items to focus on here is landscaping. Make sure your bushes, hedges, and trees are neatly trimmed. Overgrown plants can obscure your home and make it appear neglected. Similarly, ensure your lawn is mowed, edged, and free of weeds. It’s also a good idea to add in a pop of colour with some flowers. This will brighten up your yard and make it more inviting.
Apart from your lawn, you should also take some time to tidy up the exterior of the house itself. You can start by power washing your driveway, walkways, and siding to remove dirt and grime buildup. You should also freshen up any faded paint on your home’s exterior, including the front door and shutters. Plus, be sure to address any visible issues such as broken gutters, missing roof shingles, or cracked windows.
Make necessary repairs and upgrades
Buyers are more likely to make an offer on a home that is move-in ready. Addressing both minor and major repairs can significantly increase your home’s value. It’s important to be smart about what repairs you choose to take on, however. For example, minor repairs may include addressing any plumbing issues, such as dripping faucets or running toilets. You should also patch up any cracks in the walls and ceilings, and replace any burned-out light bulbs or consider updating old fixtures. These are all cost efficient projects that will boost your home’s appeal.
If you are looking to complete any major renovations, we recommend focusing on your kitchen, bathrooms, and flooring. The kitchen and bathroom have some of the most significant impacts on home value. Consider modernizing them with new countertops, fixtures, and appliances if they are outdated. Replacing worn carpets or refinishing hardwood floors can also give your home a fresh, updated look. Try to concentrate on high-traffic areas where improvements will make a big difference!
Declutter and depersonalize
A clean, uncluttered home allows potential buyers to envision themselves living there. While it can be difficult to pack up sentimental items in your home, it’s important to give viewers a clean slate. Put away family photos, knick-knacks, and other personal belongings. Neatly arrange items in closets, cabinets, and the garage to showcase storage space. You can also replace bold or eccentric decor with neutral, universally appealing options. Bringing in someone to stage your home is often a good strategy to help with this task! Staging your home involves arranging furniture and decor to showcase the property’s best features and create a welcoming atmosphere. A professional can help you highlight key areas of interest that will give buyers a look into your home’s potential.
Set the right price and market effectively
Pricing your home correctly and marketing it effectively are critical steps in attracting serious buyers and achieving a successful sale. You will work with your real estate agent to determine an accurate and fair listing price for your home. It’s essential to use an agent throughout this process so you can be sure you have the most reliable information, and the professional guidance you need. Your agent can also help ensure your home is listed on major real estate websites to gain the most attention. They might also suggest hosting an open house to allow potential buyers to tour your home and ask questions. Sometimes, virtual tours can also be great options. Offer virtual tours for buyers who may not be able to visit in person, providing them with an immersive experience of your home.
Determine your next steps
Once your home is prepped and listed, it’s time to plan your next moves. Consider where you’ll be living next and the timeline for your move. If you’re buying a new home, begin the mortgage pre-approval process to understand your budget and strengthen your position. Additionally, think about the logistics of your move, including hiring movers and packing your belongings. Create a timeline for these tasks to ensure a smooth transition. It’s also wise to have a backup plan in case your home sells faster or slower than expected. By planning for these next steps, you can seamlessly move from selling your current home to settling into your new one without unnecessary stress or delays.
Selling your home involves careful planning, but by following these steps, you can increase your chances of a successful sale. Enhancing curb appeal, decluttering, making necessary repairs, and setting the right price are all crucial elements in attracting potential buyers and securing the best possible offer. If you are preparing to buy a new home as well, be sure to reach out to a mortgage broker for assistance! We are here to guide you through the market with ease.
If you have any questions about your mortgage, get in touch with us at Clinton Wilkins Mortgage Team! You can call us at (902) 482-2770 or contact us here.