The amount a seller can reasonably expect at the closing
table has a lot to do with the condition of the property being sold. As obvious as that statement is, many sellers
are faced with the decision to spend money on renovation or sell “as is”. Both scenarios require serious consideration
as there are pros and cons to both.
When selling a house “as is” you may get too little for your
home. You are likely to attract buyers that are looking to fix and flip your
home for a profit and will be aggressively trying to bid down your asking
Similarly, you may miss out on buyers that just don’t want
the hassle or added expense of renovating their new home. Sellers do have the option to offer credits
towards renovation but often this isn’t enough to entice home buyers.
If you are planning on renovating your home before listing,
it’s important to remember you are now spending money that you may or may not
recoup. A strict budget is a must and
projects must focus on the greatest return on investment. Kitchen, bathrooms,
paint and curb appeal are all worthwhile projects to help your home stand
out. It doesn’t have to be elaborate.
Neutral tones and a nice design will appeal to the most potential buyers. A well-manicured lawn can mean the difference
between a drive by and an actually showing.
In the end it is up to the seller and a good realtor that can
help their client make informed decisions based on current market conditions.
Author:Jeff McGahey Phone: 720-309-2059 Dated: November 4th 2014 Views: 1,141 About Jeff: As a Colorado native, real estate broker since 2006, and real estate investor for over 15 years I ha...
Ion Real Estate is a hand-picked team of highly respectable experienced Realtors coming together to work with you. Please contact us anytime with any questions. We look forward to serving your Colorado real estate needs. Our experience and dedicated professionalism ensures our clients have exceptional representation every step of the way. At a time where bigger isn't always better, Ion Real Estate has chosen to remain a smaller, highly focused team in order to provide a level of personal service, attention and consideration to our clients that you simply won't find elsewhere. Our decades of experience in the unique world of Denver real estate positions us advantageously to handle all of your real estate needs
Finally! A developer is meeting with the town council in Castle Rock t
"We cannot thank Jim & Julie and the team at Ion Real Estate enough!!! We were very impressed with Jim's knowledge of the business and his drive to find us our perfect home; from the lender-side and how to get the best deal to the realtor-side and everything in between. As first time home buyers we really appreciated Jim's direction in gathering everything we would need. In addition to Jim's wonderful guidance, Julie was exceptional to work with too. She was always willing to listen to our concerns and was very encouraging on our journey hunting down our first home. She is so dedicated that she found us "our" home during the holidays and we were under contract by New Year's, which was a great way to start off the new year. She found us our dream home, in a great location and we couldn't be happier. I always recommend Jim, Julie and Ion whenever someone I know says they are looking to buy or sell their home. Go with Ion, they make dreams come true.
Ana & Marc G