Joel Mistretta's Blog
Effectively staging your home can make a difference when selling your home. It can help you reach your asking price, or it can mean the difference between making a sale and not making a sale.
With so much at stake, it’s clear that home staging is a good idea. However, if you plan on living in your home while it’s on the market it can cause a big change in your lifestyle. It can mean putting most of your belongings in storage and be constantly rearranging furniture and moving your valuables around.
In this article, I’ll give you some tips to help you get through the difficult time of living in a staged home. I’ll talk about how you can make the most of this situation while still making the important sale on your home.
Decluttering and removing personal items from your home
There are two important things to remember when cleaning out your home before staging it. You want to declutter and you want to remove your personal presence in the home.
In terms of decluttering, not only is this a good time to start packing up items you won’t need until you move into your next home, but it is also a good time to do some cleaning. When going through your home, ask yourself if you’ve used the item in question within the last year or two. If the answer is no, you might be able to throw away or donate the item.
When someone views a home they want to be able to picture living there. That’s hard to do if it is filled with the photos and heirlooms of another family. If you’re unsure about whether something is too personal to keep on display in your home, there’s a good chance that it’s better off to put it in storage.
Use your free time at home to your advantage
Living in your home while it’s on the market gives you one important advantage--you’re able to spend more time prepping your home for sale. Use your free time and weekends at homes to paint your walls bright, neutral colors. You can also experiment with arranging furniture in a spacious and welcoming way.
This is also a good time to take care of small issues that might turn off potential buyers. Runny faucets, creaking doors, and other cosmetic fixes are all simple but important fixes to make while still living in your home.
Adopt a “clean as you use” mentality
Since people are coming to view your home, you’ll naturally want it to be as clean and tidy as possible. But rushing to clean everything before someone views your home makes it more likely to overlook a dirty countertop or misplaced towel.
A good practice is to simply clean up after yourself as you use items. That means wiping down the counter or oven after use, making sure you don’t leave products out in the bathroom, and sweeping the floors at the end of the day.
While it can be difficult to live in your home while it is staged for sale, it also has its advantages. As you go through this process, remember that it isn’t forever, and that it can save you time and money in the long run.
Ready to purchase your dream home? Before you finalize a home purchase, it may be worthwhile to schedule a home appraisal.
With a home appraisal, a property expert will examine a residence both inside and out. The home appraiser then will offer a property valuation.
In some instances, a home offer may be appraisal-contingent. And if the home appraisal valuation falls below the amount of a buyer's offer, the buyer may request a renegotiated price.
A home appraisal may prove to be an important part of the homebuying process. As such, it is paramount for homebuyers to understand what an appraisal is all about and determine whether to conduct an appraisal.
To better understand home appraisals, let's take a look at three home appraisal facts that every homebuyer needs to consider.
1. An appraiser's valuation is his or her opinion of what a residence is worth.
Typically, a home appraiser will use a broad assortment of housing market data as part of a home assessment. The appraiser also will look closely at a residence as part of the home evaluation process.
Although a home appraisal is based on housing market data and a home assessment, it is essential to note that a home valuation is an appraiser's opinion. Therefore, two home appraisers may examine the same housing market data and the same house and come up with two different home valuations.
2. The homes in a neighborhood may affect the valuation of a residence.
Believe it or not, a home's value may be impacted by those around it. Thus, if you intend to buy a home, it often pays to evaluate the neighborhood to better understand whether a house's value will decline, stay the same or increase over time.
Furthermore, what you spend to improve a house is unlikely to raise a house's value proportionately. And if you spend $20,000 on home improvements, there are no guarantees that these home improvements will add $20,000 to a home's valuation.
3. A home appraisal and a home inspection are two very different things.
A home inspection often is considered a must-have during the homebuying process, and perhaps it is easy to understand why.
During a home inspection, a property expert will ensure there are no structural issues with a home and identify any problem areas. Then, a homebuyer can move forward with a home purchase, rescind a home offer or submit a counter proposal based on a home inspection report.
On the other hand, a home appraisal enables a property expert to evaluate the house in its current state. A home appraiser will compare and contrast a home in relation to others in the area and offer a valuation.
If you need help determining whether to conduct a home appraisal, a real estate agent is happy to assist you. With a real estate agent at your side, you can determine whether to set up a home appraisal prior to finalizing a home purchase.
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