5.
Inappropriate and Wasteful Renovations:
NOT
all home renovations are created equal.
As a home owner, you’re likely to re-sell at
some point.
So,
you should then give some serious considerations on the
impact of your renovations on the re-sale value of your home.
Remember,
choices that you make regarding improvements or renovations
can drastically influence your
homes market value.
It’s
always a good investment to maintain your property to the
highest possible standards.
Pay
close attention to the condition of the roof and the
windows, as these are major considerations for buyers.
6.
Having To Sell Under Pressure
“I’ve
found my dream home
that my family loves but our home isn’t sold yet.
Without
a firm offer in
place, I’m afraid we’ll lose the house”
The
biggest problem homeowners face is that they already own a
home.
If you
buy a home first before selling yours, you’ll either get
sucked into paying too much money because your offer is conditional in
selling
your home (cash buyers typically save 5% off of the purchase price) or
you’ll
be shaking in fear as you’re stuck owning two homes.
Otherwise,
if you sell your home first, you may end up simply
settling for what’s on the market or worst of all, end up in
a dark corner,
homeless.
Either
way, this is a major problem most homeowners face which
brings heavy pressure on families.
So,
you have to come up with strategies and solutions to this
dilemma before you ever think of putting your home on the market.
And,
failing to address this issue often leaves families
vulnerable and forces a “Distress Sale”
situation, which leads them to unload their homes at ridiculously low
prices.
(…to be
continued)
;)
;)
