NuVision FCU October 2014
Want Top Dollar for Your House? Apply Elbow Grease

If you are considering selling your home, you may want to spruce it up before listing it. Given that most of us have a limited supply of time and money, how should you best invest yours to get your home ready to sell?

1. Apply elbow grease

Some actions can have a big impact on a buyer's perception of your home, and cost you no money at all. Start with decluttering your house. Clutter can eat equity.

Descend on your bulging closets and storage rooms to sort through which items to keep, toss, recycle, or donate to charity. Pack up the items you plan to keep to take with you to your new home.

The next step is a thorough cleaning of the whole house. Get into every nook, cranny, and corner of each room. Buyers don't like to buy other people's dirt.

2. Start with simple fix-ups

Next on your to-do list would be basic, inexpensive improvements. Applying a fresh coat of paint can make a huge difference in a room's appearance. So can carpet or wood floors. Remember, neutral colors are best.

Go through your house and notice all the low-cost fixes or changes you could make that would appeal to a buyer: a new shower curtain, updated knobs on kitchen and bath cabinets, a new welcome mat by the front door, trimming or removing those overgrown shrubs along the front of the house, and so on.

3. Don't overdo it

Sometimes sellers assume that a major remodel of the kitchen or bathroom is sure to boost a house's sale price enough to be worth the cost.

Your agent can tell you what's going on in the marketplace. What are homes similar to yours selling for, and what level of finish do these homes have. For example, how much work has been done on other houses for sale in your market and what is the quality of that work? Then you can decide if you should undertake a more costly remodeling project before selling.

And as you are evaluating loans for your new home, don't forget to call NuVision and get pre-approved. You can also enroll in HomeAdvantage® to choose a realtor to sell or existing home and to purchase a new home.

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