Lions Realty Group
Taunee English, Lions Realty Group
Email: [email protected]

Is Your Home Worth Less Than You Originally Paid for It?

by Taunee English 06/14/2020

Let's face it – determining how to price a home is rarely simple for a seller. In some instances, your home may be worth less than you originally paid for it.

Ultimately, if you failed to maintain your house over the years, various home problems may crop up when you decide to list your residence. If these issues go unaddressed, it may be tough for you to maximize your house sale earnings.

With the right approach to preparing your house for the real estate market, you could upgrade your residence in no time at all. Now, let's take a look at three tips to help you improve your residence and ensure you can obtain the optimal price for your house.

1. Enhance Your Home's Curb Appeal

How your residence looks in the eyes of potential buyers is key. Because if a buyer falls in love with your house the moment he or she sees it for the first time, you could benefit from a fast, profitable house selling experience.

Improving your home's curb appeal can be quick and simple. For instance, mowing the lawn and trimming the hedges can help you transform an ordinary front lawn into a pristine one. And if you have any damaged or cracked home siding, you should repair it as well.

2. Upgrade Your House's Interior

Ensure your home's heating and cooling system and other internal systems are working properly. If you find there are issues with any of these systems, contact a professional to repair them.

Don't forget to clear clutter from your house, too. If you find your home is filled with assorted knick-knacks and items you no longer need, you can sell these items. Or, you can always donate the items you no longer need to a local charity or give them to family members or friends.

If you maintain a neat, tidy house, buyers are sure to be impressed as soon as they walk through your front door.

3. Conduct a Home Inspection and Appraisal

A home inspection usually is completed before a buyer finalizes their house purchase. Yet a seller who conducts an inspection may identify myriad house problems. They can then take steps to address such issues before listing his or her residence.

Additionally, a home appraisal may be crucial for a seller. During an appraisal, a property expert will examine a home and offer a property valuation. Next, a seller can use this valuation to determine how to price their house.

As you get set to add your home to the real estate market, you also may want to hire a real estate agent. This housing market professional will craft a custom home selling strategy for you. Plus, he or she will do whatever it takes to help you achieve your desired house selling results.

Ready to list your home? Take advantage of these tips, and you may be able to obtain an offer to purchase that matches or exceeds what you originally paid for your house.

About the Author
Author

Taunee English

TAUNEE is

2019 Beverly Hills/Los Angeles REALTOR of the YEAR!

Taunee English is third-year award winning Real Estate Broker of Lions Realty Group, a ResiMercial Boutique Brokerage serving Greater Los Angeles and the 2019 winner of Los Angeles Real Estate Agency Award!

She is an U.S Navy Veteran, and she is as devoted to entrepreneurship and professional development as she is to our country. Taunee serves as Chair of Professional Development Committee at Beverly Hills/Greater Los Angeles Association of Realtors and also serves as a State Director, California Association of Realtors.

Taunee English is strong supporter of Women In Leadership and is one of the founding members of Metro L.A./Beverly Hills Women's Council of REALTORS®.

And most of all she devoted daughter to her parents - a mother that she plays Twinsie with fashion photo shoots at least three times a year and a father who has the onset of Alzheimer which prompted Taunee to obtain her certificate in Fiduciary Management from UC Riverside and to further her work with families in establishing trusts and avoiding probate.