What to change when selling old house
woojaedang
8 years ago
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Comments (8)
lazy_gardens
8 years agocpartist
8 years agolast modified: 8 years agoRelated Discussions
Selling an old home (built in 60's)
Comments (13)CMarlin--I've been reading through this thread, wondering if he meant the 1860's maybe? We recently sold a 1920's house and moved into a 1950's one--and consider NEITHer of those 'old' (we live in an area where it's not uncommon to see homes that date back to the 1700's, even occasionally the 1600's). OP--Fix anything that's truly broken--leaking pipes, for example, dripping faucets. CLEAN CLEAN CLEAN! If YOU want the chandeliers, then take them down and put up something else, otherwise, leave them. Don't spend money you don't have to--you're unlikely to get it back. As to staging--make the rooms look as comfortable, but uncluttered as possible. But not if that means spending money for furniture you won't need later. I do think, the one place it makes sense to spend a few $$$ is for window treatments--but don't go overboard. Go to a place like Marburn Curtains and pick up some inexpensive, but decent looking things. Other inexpensive things you might consider--a fresh coat of paint doesn't cost much and can make a room look much cleaner. If you're in the mood and have wallpaper? It might be worth removing it and painting. In all honesty, the house we sold recently had been listed twice. In between those listings, we did strip and paint the only 2 rooms with wall paper. Don't know if it 'sold' the house, but the first time around, we had little interest. Second time around, we had a younger, more enthusiastic agent (and those newly painted walls) and it sold in under 6 weeks. But again, it's not worth putting a lot of dollars into getting the house ready to sell--most people want a blank slate that they can personalize to their own tastes. You just have to offer them a home where they can see the potential possibilities. You are in a bit of a tricky area--a 60's house isn't old enough to be a classic, but it's not new enough to be new. But you only need to find the one right buyer who falls in love with it. Hoping you'll find them sooner rather than later....See MoreHow to prove cost of house -- future tax when selling
Comments (19)" you don't need to get them into presentable order unless you are audited." You are correct. For annual returns that's something accountants tell stories about over drinks after work. "What's the biggest mess anyone dumped on your desk today?" Accountants are accustomed to seeing records in shoe boxes. That's how i did it every year til he so kindly pointed out what my time was worth compared to his. January first my records might be anywhere between desk,shoe boxes,glove compartment to bedside stand. Before I turn them over to the accountant I've organized them in files and transfered #s to spread sheets. In the case of say a rent house,I give him a single amount for repair and maintainance,depreciable purchases for each period,travel milage and so forth for items I'm certain go in that catagory. If I'm uncertain where the expense/income fit's,the actual reciept is attached to a sheet of paper with hand writen note(s) if nessary. Very few and sometimes no reciepts,checks and other documents ever go to accountant's office. Tax preparation fee dropped a bunch after I started that. That's not an audit but sure is good rehearsel in case one ever must be dealt with....See MoreQuestion about washer/dryer when selling home
Comments (22)I think any time that you have an appliance that might be specific to the location, it is a good idea to include it in your listing. That eliminates a number of issues for the buyer --including shopoing for something that fits when there is so much else to deal with. If you offer them for sale, you won't much for a used washer and dryer. Make it a plus and just include them. Make it easier for the buyer to say yes. They can always exclude them on their end of the deal if they don't want them or donate or sell them when they are ready to replace....See MoreBuy new house before selling old one?
Comments (24)bry has an excellent point. Pull the equity out of your current home so that when you close on the new home you will have better rate and terms without PMI than you would with only $20k down on a $350k purchase. Then move into the new home at your own pace. Fix up the current home to sell and when you close on the 'old' home, that mortgage will be paid off. You can then decide to either pay down the new mortgage or keep the cash proceeds....See Morenancylouise5me
8 years agonosoccermom
8 years agoSaltiDawg
8 years agoDYH
8 years agotexasgal47
8 years agolast modified: 8 years ago
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