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Home Sellers - Are you expecting a tax refund this year?

By
Managing Real Estate Broker with Jody Keating Connective Realty,LLC, Bryan/College Station,TX

Tax RefundAre you trying to sell your home and expecting a tax refund this year? Why not use that extra money to help get your home sold!

Instead of splurging on clothes, electronics or trips, you could use that extra cash to make your home more appealing to buyers and get your home SOLD faster.

Here are some suggestions of how a large or small tax refund can be used to increase your homes appeal:

  • Painting: This can be a relatively inexpensive project, particularly if you do it yourself. Painting the entire interior and/or exterior of your home in neutral colors can add a fresh look to your home.
  • Pressure washing: Hiring someone to come out and pressure wash the exterior of your home and don't forget the driveway or any walkways can increase curb appeal and make your property look brighter.
  • Replace appliances: Replacing appliances that will be conveyed in a sale with newer, more modern ones can increase the appeal of your home. Buyers love new appliances particularly ones that fit the space they're in and match each other in style.
  • Have your house inspected: Hiring a real estate inspector to inspect your home and provide you with a list of repairs can give you an opportunity to have these repairs completed before you are required to do them in a limited amount of time due to contract clauses.
  • Update light fixtures: Add some extra style and modernize your light fixtures. There are some very inexpensive light fixtures available that can give your home the boost it needs.
  • Add a deck or porch: Adding a deck or porch is more costly but it will provide so much more appeal. With the addition of either you will open up a much larger pool of buyers as some buyers will not even look at a home without a deck or porch.
  • Update landscaping: Tiding up flower beds, replacing dead grass, adding more flowers, bushes and trees, all of these can greatly increase your curb appeal.

Using that extra money in invest in your home for sale can increase the money in your pocket, it can also decrease the time your home is on the market. Contact me if you need some help or advice on the best types of projects to embark on that will increase your homes appeal. 

 

Bill Reddington
Re/max By The Sea - Destin, FL
Destin Florida Real Estate

You have to make money to get a refund. Great Ideas though. If only the sellers would do that. Have a terrific 2012.

Jan 08, 2012 06:20 AM
John Cannata
214-728-0449 http://TexasLoanGuy.com - Frisco, TX
Texas Home Mortgage - Purchase or Refinance

All good feedback. There are lots that can be done with the money the IRS is sending back to you.

Jan 09, 2012 08:17 AM