Franklin MA Real Estate, Franklin Real Estate, Franklin Homes For Sale, Wrentham MA Real Estate, Norfolk MA Real Estate, Medway MA Real Estate, listings and homes for sale, home buying, home selling information – Next Level Realty & Mortgage, Inc.

My New Blog

Make the most of home assets

December 11th, 2007 12:30 PM

Newsletter

December 2007

Belinda

(508) 446-5693

Make the Most of Your Home's Assets
By J. A. Young
Photo: © dreamstime.com

When preparing to sell a home, it is necessary to assess the house's main selling points. A house's best features don't always speak for themselves to buyers and they might require some highlighting on the part of the sellers. This article discusses ways to make the most of your homes best features.

The assessment process should go room by room. While no room or feature is likely to be completely ideal in every instance, the goal is to play down any negatives and play up all the positives. If the master bedroom is on the small side, then it will be necessary to convey its cozy appeal. Perhaps it has a great view that can be emphasized with new window treatments. Maybe excess furniture could be removed so the room appears larger.

Consider the special features each room offers that make it unique from other rooms.

For example, a kitchen with a built-in hutch might display an elegant collection of china as opposed to various boxes of dry cereal.

Or, a breakfast nook could be set with matching place settings to give potential buyers an idea of its daily use. Play up high ceilings with dramatic light fixtures in keeping with the home's architectural style. Instead of covering them up, keep new windows visible to buyers and highlight them with simple and spare accents.

Sometimes the key to a sale is simply highlighting the home's extraordinary feature(s). This might be a loft in the garage or a covered patio. These extraordinary assets must be kept neat and orderly in order to show them off in their best light. Rather than fill a spacious wrap-around porch with loads of bushy plant containers, place several well-chosen healthy plants in a few spots to highlight all of the room.

The idea for sellers is to make the home stand out by focusing on its best attractions. So, do not keep new carpeting covered up and be sure to draw buyers' eyes to hidden features in some way.

Return to Newsletter

Belinda - (508) 446-5693

Newsletter - December 2007

Belinda, Next Level Realty, 112 Arlington Avenue , Arlington MA 02464
If you'd like to be unsubscribed from this newsletter, click here
The material in this publication is provided for your informational purpose only and is not intended to substitute professional advice.
If your property is currently listed with a Real Estate Broker, this publication is not intended as a solicitation.
Powered by AnyPresentations.com

Posted by Belinda Arroyo on December 11th, 2007 12:30 PMPost a Comment (0)

Subscribe to this blog

What is Home Equity ?

December 3rd, 2007 12:38 PM

Next Level Realty Newsletter!

December 2007

(508-446-5693)

The equity of a home is calculated by taking the current market value of a home and subtracting the debt owed on the property. For example, the current market value of the home is $250,000 and the current amount of money the homeowner still owes to his lender is $115,000. If you subtract the debt of $115,000 from the market value of $250,000, the home's equity is $135,000.

Since the initial down payment builds up equity in the property, the larger the down payment on the home, the larger the amount of equity in the home. In many cases, a larger down payment will equate to a better positioning stance for acquiring a loan as well. Most often, the home and its accompanying land and structures are used as collateral to secure the mortgage. The value of the property is used to ensure the lender that he will not lose his investment.

Once a homeowner has lived on the property for several years and paid into the home loan or mortgage, the equity of the property increases according to the amount of each monthly payment that went toward the principal portion of the loan. If more than one loan has been taken out using the home as security for the loan, the balance of each loan must be subtracted from the current market value of the property to obtain the current equity.

Return to Newsletter

Next Level Realty, Inc. - (800) 440-6398

Next Level Realty Newsletter! - December 2007

Next Level Realty, Inc., Next Level Realty & Mortgage, 112 Mass Ave , Arlington MA 02474
If you'd like to be unsubscribed from this newsletter, click here
The material in this publication is provided for your informational purpose only and is not intended to substitute professional advice.
If your property is currently listed with a Real Estate Broker, this publication is not intended as a solicitation.
Powered by AnyPresentations.com

Posted by Belinda Arroyo on December 3rd, 2007 12:38 PMPost a Comment (0)

Subscribe to this blog