If you are trying to sell your house, you probably want to make as much money off the sale as you can.
Please keep reading for our expert tips on how to get the most money possible from the sale of your home.
Get a Professional Home Inspection
Before you attempt to sell your house, take a look at the state of the home. Have your inspectors take a look at the electrical, heating, and plumbing systems? You can hire a licensed inspector to do a full review of the home to determine what issues there may be with the house and what repairs need to be made. The inspection can be done for a fee, which will indicate the highest price you’ll get for the home. Even if you have your home professionally inspected; you can still improve energy efficiency in your home. Depending on your state, the energy star rating is a sign of efficiency, making your home more attractive to a buyer.
Price Your House Competitively
Start with looking at your home’s value and compare it to similar homes in the neighborhood. Many times, homes selling for a premium will have more excellent finishes and even higher-quality fixtures and appliances. Take advantage of any maintenance your home may require and add the cost of that maintenance to the selling price. If the house needs a new roof, increase the selling price by $500-$1,000. If it needs new carpeting or a new air conditioner, make the selling price $1,500-$2,500. Even if you’ve got a lot of equity in your house and aren’t taking a lot of time on the market, you still want to price it competitively. There are several ways to do this, and it comes down to the market and your priorities.
Add-In Extra Value
It’s a little-known fact that you will almost always sell it for more money when adding upgrades to a house. This is called “raised value,” and you can practically guarantee it will make a big difference in your sale price. Your home needs to be configured just right to attract the right buyer. You can adjust the layout in many ways, from adding rooms to adding an outdoor space. The design is going to make a significant impact on the sale of your house, and one way or another, you’re going to have to make the most of it.
Be Prepared for a Short Sale
Consider a short sale. A short sale allows the buyer to buy your house for less than the value of your mortgage. There are two ways a short sale can work. First, you can default on your mortgage and choose to sell it to the lender for less than the amount owed. This is called a bank-owned short sale. Second, you can default on the mortgage but choose to sell the house to someone else. This is called a non-bank-owned short sale. Bank-owned short sales are generally preferable, as it’s the lender that will pay for the home repairs if necessary, and they have all the paperwork and right to inspect the home.
Conclusion
Selling your house fast is essential if you want to get the highest price possible. If you follow the tips given above, you will make sure you get the best price for your home. Try selling your house fast, but don’t forget to do some research about the market and what your market value is before you begin your efforts.
Let Southern Girl Home Buyers Help
If you are trying to sell your house fast in Dallas, Georgia, contact Southern Girl Home Buyers. We buy houses fast and in cash so you don’t have to worry about paying a realtor or staging and showing your home. Contact us today to get your written no-obligation offer, and you could have cash in hand for your home in as little as seven days.