Friday, December 20, 2019 / by Elizabeth Sorensen
Many homeowners want to know what upgrades they can make to their home that will give them the best return on their investment. Upgrading is usually specific to the property but in a general sense the top three upgrades are kitchen, bathrooms and flooring.
Not only will these upgrades give you the greatest bang for your buck, they will also make your home much more appealing and sellable in the future.
The level of renovation depends on your intentions with the property. If you plan on staying for a while then go for it…go trendy, progressive and modern. So when you are ready to sell, it won’t be outdated.
If you are thinking of selling in the near future, then bring it down a notch. Just update instead of upgrading. Keep it simple and inexpensive. The idea here is to make it look new, clean and ready to move in.
Updating your kitchen can range from new appliances, painting cabinets, updating cabinet hardware and new ...
Thursday, December 12, 2019 / by Keri McCombs
In the Spokane area real estate market, the home features that buyers are looking for most is always changing. As more and more millennials enter the buying market, the landscape for buyer's wants will continue to change. There are some key features that buyers want that can make a huge difference in making your home sale successful! I'm going to give you a top five list for what most buyers are looking for in the Spokane area when searching for a new home. If you're thinking about selling and wondering what your next project should be, then check out this list!
Feature #1: Open Concept Floor Plan
When you think of a modern or updated home that's very attractive to buyers, this is probably the very first thing you think of. So many buyers enjoy this feature, because it allows them to entertain a large group of people flawlessly, it allows them to be present with their family while still preparing a meal, and it gives an airy feel to the home, which is very relaxing and c ...
Friday, December 06, 2019 / by Jo Skipper
When Should I Sell an Investment Property?
No matter how you became a landlord or property owner, the time has come where you are questioning whether or not you should continue ownership of this property. Many people become accidental landlords when they inherit property. Sometimes, this can happen if their home does not sell for what they hope to receive. Others become landlords on purpose with the intent of buying a holding. Whatever the case may be, at some point you are questioning if you should maintain ownership of this investment. Let’s discuss some surefire signs that it is time to sell:
First and foremost, you are no longer making any money. Sure, expenses happen in a home. However, if you find your monthly expenses on this place constantly in the red, then you may want to think about selling this investment. Sometimes a property owner will consider moving back into a property when this happens. They will consider the options of selling ...
Friday, December 06, 2019 / by Jo Skipper
What Should Senior Citizens Know When Selling Their Home?
This post can bring forward different emotions for everyone. I’m going to try and keep this information to only important factors a senior and/or their family should consider when considering the sale of a home in the later years of life. We all know the immense emotions that are involved in this process at this stage.
There are many financial considerations when the option to sell a home arises. This only becomes more complicated when the home being sold is most likely the family home and the last one you may ever be selling. Many people don’t consider that medicare does not cover in-home care or assisted living costs for senior citizens. This can present an issue for many people later in life. The largest asset that most people will ever own is their home so it is naturally the go-to funding source for the expenses that add up in the later years of one’s lif ...
Thursday, November 21, 2019 / by Elizabeth Sorensen
After living in a home for several years, it can be easy to discover things you may not be crazy about. While some things can be a quick fix, there may be major changes that make you wonder if it is worth the investment. At this point, you're probably asking yourself if you should remodel or just find a new home. As you have probably realized, this isn't always an easy choice. There are many factors that go into this decision. Here are some things to consider when deciding what will work best for you.
1. Determine which is more cost-friendly
While both options will have costs, one will have more than the other depending on your situation. Some of the costs of selling include agent commissions, moving costs, minor repairs, the costs of a new home, and potential upsizing costs. The costs of remodeling can include permits, architectural plans, materials and labor, and any other additional costs incurred in the process.
2. Look into the current housing market