Planning to sell your home? While many are on the hunt to find out how to maximize their home's profitability. GO Banking Rates shares how people can achieve a good price with their tips. Know what appraisers are looking for and how to sell your house faster by these tips.
1. Simple Preparations Can Increase your Home's Appraisal
Clean the house before an appraiser walks in and pull out all unnecessary clutter that makes your home spell out disaster. NY Appraiser Jonathan Miller suggests to "declutter" to make the appearance of the house look "larger."
2. Create an Online Tour Video of your Home
Many are tuning in nowadays online to find their new home and this is a good opportunity for you to market your home by creating a home tour video.
"More than 80 percent of all buyers now find their homes online, so when you have a YouTube video that comes up on Realtor.com, that's huge," according to Ben Salem, owner of Ben Salem Properties. "The best part is that you're one click away from showing it to the whole world."
3. Do the Necessary Home Fixes or Upgrades
There are home additions that will make that home level up its price in the market. According to article, these are the things you need to consider, "an added attic bedroom returns 93 percent of the $39,000 price tag; a basement remodel, which returns 90 percent of $51,000; and a mid-range major kitchen remodel, which returns 91 percent of $44,000."
4. Know the Strengths of your Home
One obvious reason of what a buyer looks for a home is the conveniences that it offers. Is it near a school? A mall? Are there great restaurants around? How about the amenities that the village offers? Detail these points to your appraiser, these are sure advantages to sell your home in a good price.
5. Do not Make Risky Loans
As advised, do not apply for a Home Equity loan and then sell off some off your equity. This is a risky scenario that could turn to debt.
