Karen Montgomery's Blog
If you’re in the market to sell your Florida home soon, you may wonder if making a few improvements to your property will help increase its value and appeal. A perfect place to start is with your realtor. Real estate agents can provide you with excellent advice on what repairs will help your home sell.
As Is Homes
The first consideration should be if you plan on selling your home “as is.” Generally speaking, most homes that are listed under this category need significant amounts of work. These properties would attract contractors and those who are looking to flip a house. The price of a home that’s being sold as is a bargain. That’s what makes these homes attractive.
Don’t mix up a home that’s “as is” with a fixer-upper. Buyers who are looking to make improvements to a home are looking at the cosmetic things. These buyers don’t mind painting, replacing sinks, or doing some serious landscaping. They want to make the property their own. A fixer-upper is not a property that needs a new roof, a new foundation, or many walls torn down. Major repairs aren’t a part of purchasing a fixer-upper.
Fixer uppers can also give buyers a deal. They’re putting all the repair and replacements costs into consideration with their offers on these properties. This means as a seller, you’ll make a bit less, but your home could move faster off the market when you come in contact with the right buyer. The price of a fixer-upper home needs to make sense for buyers even to consider it.
Look At Your Costs
If you’re selling your Florida home, making improvements to the property could make it more attractive and increase its value. The most significant thing you need to consider is whether or not you’ll get a substantial return on your investment. The repairs and improvements you do make should make sense.
If you decide to make improvements to your Florida home before selling you, need to make a list and prioritize what’s best for you to do at your house. Make a list of everything that needs to be done in the home and see what’s in your budget and best interest to do. You can have a conversation with your realtor at this point to get ideas of what will bring your sale the most value.
Pressure washing your home can be an excellent way to increase curb appeal on a budget. A good pressure washer can be used to clean vinyl siding, windows, driveways, decks and sidewalks.
You can buy, rent, or hire a pressure washer. And, there are a number of different types of machines available. So, in this post, I’m going to give you some tips on pressure washing your home to increase curb appeal and discuss which option might be the best for you.
Buying a pressure washer
If your next move is to a new home with vinyl siding and you plan on living there for several years. You may find that buying a pressure washer is the best option for you.
Many pressure washers pay for themselves after 3-5 uses. However, high end washers can be much more expensive.
The first thing to consider when buying a pressure washer is to determine what you’ll need it for and how often you’ll use it.
If you have a deck, sidewalk, or driveway that sit underneath pine trees, you can bet that they’re going to get dirty frequently.
If you find yourself wanting a washer more than once a year, it’s likely a safe investment.
Gas vs electric
Consumer pressure washers come in two main types: gas and electric. Gas-powered washers tend to be stronger (and therefore more dangerous). They’re also noisy and will require maintenance and tune-ups on occasion.
Electric, on the other hand, are better for less heavy duty cleaning. They tend to be cheaper, at around $100 - $250 each (vs $250 - $500 for a gas-powered washer), but you do sacrifice some power at the expense of cost and convenience.
Regardless of which option you choose, it’s important to understand that pressure washers can be dangerous machines if not used correctly. Be sure to fully follow the instructions on your washer and to never point it at yourself, including shoes, or clothing.
Renting a pressure washer
If you don’t want to deal with storage or maintenance, renting is a great option for a one-time job. Perhaps your next home will be a condo or townhouse where you don’t have to worry about exterior maintenance. In these situations, a one-time rental can be a good option.
Power washers can be rented from many hardware stores, including The Home Depot. But, a quick Google search for your area should bring up multiple places to rent nearby.
Hiring a professional pressure washer
Pressure washing your home, driveway, or deck is a lot easier than scrubbing them with a brush. But, it still takes a good deal of time to go out and pick up the rental, return home, figure out how to set up the washer and then clean your entire home.
To avoid the headache (and the potential safety risks), many homeowners hire a local pressure washing company to do the job.
Hiring a company has its advantages; namely, when you hire a professional (one with good reviews on Yelp and Google), you’re going to get the best results.
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A home showing is a valuable opportunity for a buyer, as it enables him or her to walk through a residence and find out what a house is all about. At the same time, a single home showing may be insufficient.
Ultimately, there are many reasons why you may want to schedule a follow-up house showing, and these include:
1. You can get responses to any unanswered home questions.
A second home showing gives you the chance to gain additional insights into a residence. Thus, if you failed to get answers to certain home questions during an initial showing, you may want to schedule a follow-up showing.
Of course, it often helps to craft a list of questions prior to a showing. This list will help you learn about all aspects of a residence.
2. You can analyze any potential problem areas in-detail.
If you want to get a close look at various home issues, you may want to schedule a second showing. That way, you can assess these problems in-detail and determine your next step in the homebuying journey.
Sometimes, it helps to bring a home improvement professional with you during a house showing. If you have a friend or family member who is a home improvement expert, for example, you may want to bring him or her along for a follow-up property showing. This home improvement expert then can provide comprehensive insights into the condition of the house.
3. You can determine if a house matches your expectations.
If you are still on the fence about a home following an initial showing, it never hurts to take a second look at this house in-person. Because if you attend a second home showing and find a house matches your expectations, you then can submit an offer to purchase this residence. On the other hand, if you discover a home is not a great fit for you during a second property showing, you can continue your search for your dream residence.
As you navigate the homebuying journey, it generally is a good idea to hire a real estate agent, too. This housing market professional will go above and beyond the call of duty to help you find a terrific residence that you can enjoy for years to come.
Typically, a real estate agent will teach you about the homebuying journey and offer tips to help you prepare for property showings. He or she also will attend a home showing with you and respond to your concerns and questions. Plus, if you want to schedule a follow-up home showing or submit an offer to purchase a residence, a real estate agent is happy to help.
When it comes to navigating the homebuying journey, it usually is beneficial to err on the side of caution. Therefore, if you strive to learn as much as possible about a home after an initial showing, you should schedule a follow-up showing. By doing so, you can perform a full home analysis and determine if a house is right for you.
Looking to put together an offer on a house? Ultimately, you'll want to submit a competitive first offer. By doing so, you can speed up the process of acquiring your dream residence.
When it comes to submitting a competitive home offer, however, it is important to understand what differentiates a "fair" proposal from a subpar one.
To better understand how to submit a competitive proposal, let's take a look at three best practices that every homebuyer needs to consider before making an offer on a house.
1. Evaluate the Housing Market
If you plan to buy a house, you'll want to examine the real estate market closely. That way, you can identify housing market patterns and trends and plan accordingly.
For example, if you find there is an abundance of high-quality houses available, you may be entering a buyer's market. In this market, there likely is a shortage of homebuyers, which means a competitive offer at or near a home seller's asking price is sure to grab this individual's attention.
On the other hand, if you notice that homes are selling quickly in a city or town, you may need to prepare for a seller's market. If you pursue houses in a seller's market, you may need to act quickly due to the sheer volume of buyers competing for the same residences.
Clearly, a comprehensive housing market analysis can make a world of difference for homebuyers. With in-depth housing market insights at your disposal, you'll be better equipped than other buyers to submit a competitive first offer on any residence, regardless of the current real estate market's conditions.
2. Get Your Finances in Order
What good is a competitive home offer if you cannot afford to buy a residence? If you secure a home loan, you can narrow your home search to properties that you can afford. Then, you'll be able to submit a competitive offer that ensures you won't have to break your budget to purchase your dream residence.
Also, if you're unsure about how your financial situation will impact your ability to buy a house, you should consult with banks and credit unions in your area. These financial institutions can help you get pre-approved for a home loan, establish a homebuying budget and much more.
3. Collaborate with a Real Estate Agent
When it comes to submitting a competitive home offer, it pays to receive expert homebuying support. Fortunately, you can hire a real estate agent who is happy to help you put together a competitive home offer.
A real estate agent can provide housing market data that you may struggle to obtain elsewhere. Plus, this housing market professional can offer unbiased home offer recommendations to ensure you can get an instant "Yes" from a home seller.
Collaborating with a real estate agent is a great option for homebuyers in all cities and towns. Reach out to local real estate agents today, and you can get the help you need to submit a competitive offer on any residence.