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Home Sale Steps/Stages

These Improvements Can Boost Your Home’s Resale Value

Painting a WindowThinking about selling your home? Some home improvements offer a better ROI than others when it comes time to put your home on the market. Today we’ll consider a few renovations that can significantly improve your home’s resale value.

Make a Good First Impression

When it comes to job interviews, first dates and home sales, first impressions matter. Refreshing your landscaping and adding a fresh coat of paint to your home can go a long way toward increasing its resale value and making it easier to sell in a competitive market. According to one study conducted in 2016, a complete landscaping upgrade can offer an estimated 105 percent return on investment.

Give Your Siding a Facelift

If you currently have dated vinyl siding, consider replacing it with modern fiber cement siding. Not only will your home look more attractive in realtors’ photos, it will also be better-protected against harsh weather conditions.

Update the Kitchen and Bathroom

Kitchen and bathroom improvements are perennially effective ways to increase resale value. Don’t have the budget for a complete redo? Replace worn tile or outdated fixtures to give these high-traffic rooms a cost-effective makeover.

Replace Your Windows

Energy-efficient tinted or double-paned windows can increase your home’s resale value and reduce your energy bills during the summer and winter.

Add a Deck

Buyers will imagine themselves relaxing with a cold drink in the summertime—and pay thousands more for your home.

When you’re ready to start house hunting, you can count on First Choice Inspectors to give you an honest, thorough home inspection so you can get the best possible deal at the negotiating table. To learn more, feel free to give us a call at (773) 429-9711 today!

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Home Inspection Home Sale Steps/Stages

Inspection Items That Can Make or Break Your Resale Value

Inspection Items That Can Make or Break Your Resale ValueBefore you put your home on the market, it’s imperative that you have a clear understanding of the underlying issues that might be hiding beneath the surface. Your home might look fine at first glance, but the last thing you want is for a prospective buyer to discover structural issues that can seriously compromise the resale value of your home.  By having your home inspected before you put it on the market, you can give you and your buyers the peace of mind of knowing that your home isn’t in need of serious repairs. In this entry, we’ll look at a few issues that can seriously impact your home’s resale value.

Mold

There’s nothing that can scare away prospective buyers quite like a hidden patch of black mold. Mold is a tell-tale sign that your home has fallen victim to water intrusion, and it is often an indicator of more serious issues such as rot in the frame of your home. Many types of mold are hazardous to human health as well, which is an added concern for house hunters.

Polybutylene Piping

This gray piping which resembles PVC was used to plumb many homes between the 1970’s and 1990’s. Unfortunately, polybutylene piping degrades due to oxidants in water, causing it to leak and break over time.  Polybutylene piping has become a serious concern for home insurance companies in recent years. If you do have polybutylene piping in your home, it’s worth the expense of having it replumbed  before you even try to put it on the market.

Foundation Cracks

While foundation cracks come in many degrees of severity, the most serious ones can cause tens of thousands of dollars to repair. Worst of all, large foundation cracks can also indicate that your foundation is slanted or uneven. Rebuilding a foundation wall is an undertaking that few buyers will want to take on.

Want to find out for sure whether or not your house is ready to sell? Give us a call to schedule an inspection today.

Categories
Home Sale Steps/Stages

Setting the stage for a home sale

Courtesy of The Philadelphia Inquirer

Spring, is traditionally, the best time to buy or sell real estate, even through the downturn.  Al Heavens from The Philadelphia Inquirer writes about how to set the stage for a home sale.  For sellers, it is time for real estate theater; the house is the star.  “The cast includes agents and brokers, home inspectors, title people, mortgage companies, lenders, underwriters and, obviously, buyers.”  Some sellers are very hands on, while others do not want to bother with the day to day.  Paul Leiser of Avalon Real Estate in New Jersey said he believes that the internet has empowered the sellers and buyers.  Realtors are dealing with more informed involvement on both buyers and sellers, so confrontation can be minimized if an agent keeps the seller informed.  Sellers seem open to agent’s suggestions, the home staging will be up to the owner rather than the agent.  The seller who thinks he or she knows all may end up disappointed and a house that sells for less.  The house should be available for showings but at no point should the seller enter into conversation with potential buyers, the agents, appraiser, or home inspector.  The job of the agent is to educate the buyer and seller on the present climate and conditions.


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