Special offer

The Finish Line

By
Real Estate Agent with Magic Valley Realty

The goal for a sellers is to end up with money at closing if at all possible. This money, called net return, is the selling price of your home less your debt and costs. Spending big bucks on improvements might get you a higher selling price but won't necessarily increase your net return. Your strategy is to do only those certain things that will likely increase your selling price more than the cost of doing them. Realize that you probably will not be able to do them all, but it's the little things that count and will eventually help sell your home.

 

Comments (1)

Jeff&Grace Safrin
F.C.Tucker 1st Team Real Estate - Valparaiso, IN
SpousesSellingHousesTM

Great post Jeff - thats precious advice for growing equity....We tell our buyers at every closing that if you make montly extra principle payments on your mortgage you can pay it off in 6 yrs not 30 - this leaves more NET should you go to sell your home

there is no bigger chunk of interest than that of the final price of a home loan at the end of thirty years.

those who listen & apply this principle (told to us in person once by Robert Kiyosake) are very happy repeat clients

Sincerely,

Grace

Aug 02, 2008 08:27 AM