Home Design

Are you planning to sell your home? Are you bit confused about your home condition? Do you think that you will not get the best price if you sell your house as it is? If you are selling your house and want to get the best price, then you will have to invest in your house to attract the potential buyers. If your house is not in a good condition, then you will not be able to get the expected price. Therefore, it is important to renovate your home before selling.

Tier 1 Real Estate – a Bristol Realtor suggests that you should always have your home renovated before selling it.

Which home renovation will you need?

That will depend on the current condition of your home. If it is an old one, then you might need to invest more both on the exteriors and interiors. If it is relatively new, then a few minor improvements can serve your purpose. You need to clean your home properly to create an impression that it is well-maintained. You should always remember that nobody will be interested to buy someone else’s mess.

When it comes to the interior, you will have to focus on decluttering fast. That means you will have to get rid of all the clutters to get more space and to offer a refreshed and clean look to your home. You can store all the unwanted things in an outside storage.

Painting Your Home Before Putting It On Sale

The next step will be painting. The painting might not cost you more, but it will make a significant difference. You can choose any neutral color for the painting. You will also need to clean the windows and doors by the professionals. Besides, you will have to repair your bathrooms and kitchens to impress your potential buyers.

Once you are done with the interiors, now you should think of the possible improvements for your home exterior. You will have to boost the curb appeal to get the attention of your potential buyers and to influence their purchasing decision. Make sure that both the interior and exterior are well polished. Besides, you can consider the following improvements.

• Paint your front door.
• Clean your driveway, walkway, patio, porch, and deck. If required, you can take the professional help for cleaning.
• Repair caulking or siding.
• Take care of your landscape and make sure that it well-maintained.
• Replace the damaged roof shingles.

These are a few things you need to take care of to boost the curb appeal of your home and to impress the potential buyers. You might need to spend more on renovation if your house is in a poor condition. But it will be worth spending if you will consider the overall benefits. A realtor always recommends keeping your home freshly painted so you can sell your home much faster.

Whether you’re looking to do interior design, full renovation work, trade work, or real estate investment, sometimes to accomplish your goal you end up purchasing the real estate that becomes your project. While your intentions may come from other sources, what often happens is you’re completing a transaction that has two sides. In some cases, the purchase of a home helps the current homeowner get out of a sticky situation. Many people, including even real estate investors, don’t consider this because they’re so caught up in the deal.

What A Homeowner Could Be Dealing With

Some homeowners are dealing with tough scenarios that require them to liquidate their assets quickly. These situations might be related to foreclosure, tax liens, divorce, or even other debts that need to be covered from their asset. When we’re purchasing a project home, we’re generally taking a look at what can get we as the lowest price for the home, how much work are we intending to put in, and what can it sell for on the market after repairs. What we fail to realize is the emotional side of the transaction and making the connection with the homeowner.

Diving More Into Being a Home Buyer

As a Houston house buyer, our company deals with scenarios like this on a daily basis. Most of the time these homeowners are motivated or distressed in such a way that they need to sell their house quickly, so they look for the best ways to accomplish that which often involves looking for home buyer companies or simply searching for “sell my house”. But in some cases, they get stuck because they don’t know their options. Then it’s up to us, as real estate investors, to really seek them out and educate them.

The challenge with a lot of owners going through these tough scenarios is that they have never learned the options available to them. The reasons are generally because they’ve never been exposed to it before, and the people involved in their lives (family, friends, real estate agents, even bankers) don’t know all the options either. The homeowner may agree to go under contract with a real estate agent hoping that they can sell the house quickly, although in many cases that doesn’t happen. And because they’re under contract, they can’t sell to an investor who is ready to pay cash immediately. Had the homeowner known that this was an option, they might have avoided going with a real estate agent when they had such little time before a foreclosure.

Do What You Do Best, But Consider The Homeowner

As investors, we’re there to make a profit on the real estate market because that’s what we enjoy. But it’s not about benefiting from people that are on the ground, it’s about reaching out and letting them know that they have other options. We can help them get back on their feet by not going through horrible experiences that may even hurt their future options, such as a tarnished credit report due to a foreclosure. When we approach these homeowners, it’s important to establish that connection, be empathetic, and show them the way. They just don’t know it yet, but you might end up being their savior.

Old houses are a treasure, but very old houses are ugly and pose a health and safety hazard. Old townhouses mostly hold sentimental value to their owners, who often chose to renovate as opposed to demolishing and bringing up a modern house.

As much as renovation may be a more complicated decision, it proves to be cheaper and eliminates the need for architects since the plan is already there. And if you are looking at investing in property in Malta, it’s a great idea to get your hands dirty and do it yourself!!  Below are some basic steps in renovation.

• Have a work-plan

This plan is the part you as the owner sets down a list of objectives and expectations you expect. It also works as a chronological benchmark, to know if the work is being dragged. All parties involved in the renovation should be involved in this step.

• Make a budget

The owner should then sit down and decide on what they are willing to spend on the renovation. This is then divided into the various needs, such as finishing, furniture, flooring and roofing and many more tasks.

• Consult on insurance

This step will help you as the renovator know the extent to which the current insurance provider will cover the house after the renovation.

• Hire a contractor

The hiring of a contractor company should be done based on their track record for a good renovation job. The best fit would be working with recommendations from friends and family. The contractor should promise a good job and to do it within the budget.

• Have a permit

For renovations works to be done flawlessly, the local jurisdiction, who include the local council should be considered. They, in turn, offer a notice of consent in the form of a permit, which would allow any form of demolition and construction to take place.

• Start on the handy work

The difficult work includes bringing down any weak walls, which would pose a risk to the sturdiness of the new building. This would also include bringing down the roof and undoing the floor solution if there is one in place.

• Reconstruct the walls, install flooring and roofing

This is a critical step since it gives the house the new intended look. The walls are brought up, and a roof is placed. The renovator can opt to maintain the old rustic look or incorporate a modern look by bringing in new designs.

• Painting

When panting, the renovators should ensure to either have the floor covered to avoid spillages or flooring can be done after painting is done. Painting includes the internal and external surfaces.

• Install basic furnishing

Basic furnishing includes wall units and wardrobes which are attached to the walls. These can now be fixed after the painting has dried down since most do not require painting, unless if the owner requests so.

• Finishing

This is the final part before moving in and includes electrical renovations, final plumbing checks, and installing any internal décor.  In this last step, any potted plants are brought in, and curtains or blinds are installed.

Conclusion

Renovation not only ensures the longevity of a family’s memory of their heritage but is also one of the cheapest ways of ‘acquiring a new home’.

For more information about investing in property in Malta, visit the Malta Sotheby’s Realty Youtube page.

Relocation can be a real pain when it’s under a tight deadline. Listing on the MLS can take a lot of time because of the traditional real estate agent process — preparing, photos, listing, showing/staging, negotiations, and closing. Sometimes it’s really just a lot easier to go with a real estate investor when time is more important than the money.

To learn about selling to a real estate investor, check out this video: https://www.youtube.com/watch?v=uKMtA504nYw. You can also check out the channel at https://www.youtube.com/channel/UC2Vvx_tpj0xIHERQDQ6ex1Q.