5 TIPS TO IMPROVE THE QUALITY OF YOUR HOME FOR A HIGHER SELLING PRICE

Have you been thinking of selling your home, presently or in the near future? Then the best time to improve the quality of your home for a higher selling price is now. The best way to sell your home in the dynamic real estate market of today can be made possible by an attractive home that is fully functional and aesthetic. To impress potential home buyers, your home needs to stand out from the pack when they come to view or inspect your home and others in your neighborhood. Most buyers also don’t want to be faced with the challenges that accompany putting a house in order by spending more money as well as effort before moving in. Therefore, it is important that the home you intend to sell must be ready for use almost as soon as the new owners pay for it.

How can the quality of your home be improved so that you sell it at the highest price? Here are five tips to improve the quality of your home for a higher selling price:

  1.    Repair of external and internal walls– First impressions, they say, lasts long. The exterior of your home is the first thing a prospective buyer sees. Therefore, the outside, as well as the inside of your house, must be repaired and painted. If your property looks old or dilapidated, it will not make the grade. For your home to look as attractive as possible to the potential buyer, you could paint the interior and exterior of your home. You should stick with colors that will make your home appear eager to please, and sometimes you should seek the advice of a designer or real estate agent before carrying out the paint job.
  2.    Enhancement of doors and windows– If the doors or windows of your home are aged, you should consider replacing or upgrading them. This will give your entire home a new look and has the potential of attracting buyers faster.
  3.    Flooring– One of the very first items that potential home buyers look out for when they enter a home for sale is the flooring. The floor of your home must be neat and stylish. If your home is not floored with the contemporary hardwood flooring material, then endeavor to cover your floor with top quality carpeting that looks warm and inviting. If you detect any flaws, fix them as soon as possible.
  4.    Renovation of your toilet and bathroom– This may not necessarily add substantially to the value of a home, but its aesthetic appeal when you repair your toilet and bathroom can add more bargaining power to you in the long run. Ensure that your bathroom and toilet are functioning well, with no clogging of drains or sink whatsoever. You can also paint the walls or replace broken tiles to make your bathroom and toilet look fascinating.
  5.    Light Fixtures– Lighting fixtures come in all shapes and sizes, and you need to ensure that your home has adequate lighting fixtures that are both modern as well as energy efficient. They must also be user-friendly. As a matter of fact, the use of proper lighting can do wonders on the interior decoration of your home.

These tasks are not as overwhelming as it seems. With the help of professionals and your local real estate agent, you can be sure that when you follow the tips outlined above, you will have enhanced the value of your home to attract potential buyers.

Tax Deed Property: Attractive Investment Preposition

What is Tax Deed Sale?

Tax deed refers to the authority of the government that it can sell a given property to recover the delinquent taxes. The government also has the authority to transfer the given real estate property to the buyer. These property sales are known as tax deed sales. Such sales are carried out through formal auctions. The minimum bid in these auctions refers to the amount of taxes and fees the original property owner owes.

Tax Deed Sale: A Better Option?

If you are looking to invest in real estate but do not want to get involved with mortgage loan for a long time period, tax deed sales are a very good option for you. A tax deed sale is a type of foreclosure where the owner of the property is unable to pay the taxes on his property. Such a property is first sold as tax lien. If the owner does not pay tax lien during reporting time, the property then goes to auction at the county level.  Tax collectors in 29 states of USA utilize tax deed sales to recover the dues on the property form the owners.

Tax collectors send notices to the owner to pay the dies. When some owners pay no heed to such notices, tax collectors only wait until a time stipulated by the state rules before putting such a property on sale through an auction. In different states, this waiting period varies from a few months to a few years. A live auction is held every year to sell of the properties against which there is tax lien. The sale of such properties is advertised a few weeks before the auction where the date, time, and location of the auction is notified. This notice contains the descriptions of all the properties to be auctioned on the due date.

Property Bidding

If you are interested in bidding on a property listed in the notice, you need to sign up for the bid card and be there physically on the day of the auction. Place your bid on the property you have decided when it comes up for auction. The bidding continues until the final bid is offered and accepted. If your bid is final bid, you have to give your name and address for public record. You have to make full and final payment for the property at 3 PM on the date of the auction. The original deed of the property is mailed at your address on the same day.

If the owner of the property pays all his dues before the date of auction, you get back the investment you made as a bidder along with the interest for the period which is applicable in your state. This means you are not at a loss and earn a high rate of interest on your investment for the period for which your money becomes locked. In most states, this interest rate is 10-12%.