Tuesday, August 12, 2008

Is The House Big Enough

Category: Finance, Real Estate.

A lot of people who are looking for a home miss a lot of good places. In their disapproval of the d�cor they miss the important characteristics of the property completely.



Maybe they don' t like the furniture and wallpaper and paint colors. They cannot picture themselves living there because the current owner's quirky personality is stamped everywhere, perhaps emphatically. A lot of the stuff you see in houses is garbage no one threw away yet. Their photos, furniture, paintings and art, colors, and collections overwhelm the structure and the looker, too. A lot of buyers are blind to the potential of a home because they can' t see past the stuff. The junk takes up all the attention of potential buyers while hiding the possibilities of the actual structure. It's the big reason many homes are slow to sell.


People forget they are only buying the house and the attachments to the house, not all that junk that's in it. They only know the house isn' t selling. Sellers don' t realize what the problem is. Some houses would actually sell better empty. It's better for all sellers to package their houses for resale as much as they can. But all that stuff is superficial and may be hiding real value.


Realtors try to tell sellers what to do, but they won' t do it. But think about it. Most sellers never really understand how much they really need to clean up to sell their home. There are 2 benefits to really cleaning up when you get ready to sell a home. And secondly, and best of all it will make a house seem bigger and more attractive to a buyer. First cleaning up involves some labor but not much$ $$.


A buyer who can go into a structure that has not been packaged properly and ignore the superficial decorations may luck into unperceived value, too. Is the house big enough? You do want to look at some things. Does it have the right number of bedrooms and baths? Is it the right neighborhood for you? Are plumbing, HVAC and electrical good?


Is the roof good? And is the price right for the area, maybe even a bargain? Is the foundation good? Just look at the stuff that counts or enlist the aid of a good inspector. The paint and clutter are easy to fix. His advice can help your bargaining efforts at contract time.


The previous owner will move his stuff out when he moves. The old wallpaper can be stripped from the walls and new paint is at the paint store, and suddenly the house can be ALL YOURS and maybe really cheaply. Clean out the sad decorating and many houses can take on a new incarnation. When you are looking for a home learn to ignore the current owner's stuff and look at the building itself. She finally found a very dirty house that she was able to buy far below market value. I once knew a woman who was looking for a home in a particular school district.


She found moldy dishes in the sink in the kitchen and other messes that had to be cleaned up before she would let her family move into the house, but she was good at cleaning. Some houses just need updating, some need better d�cor, but there is, some need more lots of potential out there, even in the current real estate market. When she finished that big job they lived comfortably for many years in the house. If you need a good place to live and can stay in a house for years, you can get what you want and maybe get a bargain, too. It can really pay off great. Just learn to look past the stuff that will leave with the old owner or you can carry out in a garbage bag.

No comments: