Wednesday, February 8th, 2012

Wednesday's Weekly Tip - Accept The Compromise

Most buyers have a lavish and grand idea of what they want their perfect house to look like.  All too often though, they soon find out that many of their focal points don't match up with the price points. This is when I tell my buyers to look at the big picture.  Step back a minute, and take a good look at the house. What does it have that you love? What does it not have that you want? Do the improvements necessary to make this your perfect house match up with the value it will add to the house? (And remember there are only a few improvements that actually give you 90+ % return on your money... So decide if a 40-70% return on your money will suffice given the added comfort and updates.)

Make sure that points you're focusing on, aren't points that can easily be fixed. Paint, windows, fixtures, knobs and faucets, these can all be fixed and changed with relative ease.  Instead only try and worry about big restoration projects such as new roofs, HVAC units, new floors, kitchen/bathroom remodeling... These are the big things that aren't cheap but will definitely hold/add value to your house. Little improvements and repairs can be done along the way. Remember, you're buying a house because you want to make it yours. Just because it might take a little while to get there, don't stress out or give up.  If you have any questions, please don't hesitate to call or email.

For all of your real estate needs, make the call... Joel Hall




Posted by: Joel Hall at 11:42am  
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Joel Hall

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Office:318-862-3560
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RE/MAX Real Estate Services
9220 Ellerbe Rd. Suite 800
Shreveport, LA

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