SOLD! This was another special sale for @thelashleygroup because we were able to help find a home for my sister from another mister, @zuh_reena her hubs @lerrywithan_e and the boys a home in Upland! Know anyone looking to buy or sell a home in LA, Ventura or San Bernardino? @thelashleygroup can help!
Homeowners can use renovations to improve their quality of living, but not all improvements will provide the same return on investment at sale, according to USA Today.
Often, the best returns will come from bringing a substandard home in line with other homes in the area rather than making further improvements to ones that are already the biggest and best.
Basic projects like attic insulation can recoup 116 percent of the cost and more expensive ones like installing a new HVAC, water heater, or windows could be strong choices as well. Importantly, current homeowners will also enjoy the benefits of lower heating and cooling bills before selling the house.
Refreshing the exterior of a home is one of the best ways to improve the curb appeal for a potential buyer. Inexpensive pressure washing and painting projects can remove the aging effects of dirt and mold and make focal areas like the front door shine.
Landscaping, meanwhile, carries over 100 percent return on its cost and can include planting seasonal flowers as well as trimming shrubs and mulching beds. Adding stone veneer or replacing the garage door will both demand over 90 percent return as well.
Inside the home, painting is one of the best bang-for-your-buck improvements that a home seller can make with an estimated 109 percent return. Choose neutral colors that will go with anything, such as gray, to appeal to a broader group of prospective buyers.
Minor updates to bathrooms can have a 102 percent return and can be as simple as regrouting tile, replacing toilets, updating sinks and fixtures, and recaulking the shower. These projects are often simple enough to do without professionals for an even more significant return.
Article obtained from the Elite Group Home Inspections
JUST SOLD! @thelashleygroup helped our buyers find and guide them through the escrow process. Now they are proud owners of this beautiful home in Buena Park! Do you know anyone looking to buy or sell? The Lashley Group can help!
JUST SOLD! @thelashleygroup helped our buyers find and guide them through the escrow process. Now they are proud owners of this beautiful home in Buena Park! Do you know anyone looking to buy or sell? The Lashley Group can help!
After much consideration, you settled on a mortgage to help buy your home. Now that you're a proud homeowner, you may eventually find yourself in the position to need or want a second mortgage. Here's what you need to know:
Reasons to Get a Second Mortgage
Although this is not a complete list of reasons to take out a second mortgage, here are some of the more common scenarios:
Types of Loans
Once you start looking into second mortgages, you'll find that they all generally fall into one of two types:
Of course, there are pros and cons to each type. So it's a good idea to talk things over with a trusted adviser to make sure your second mortgage makes sense financially.
The homebuying process looks something like this: Get preapproved for a mortgage, find your dream home and win the bidding war. But before you can move those boxes in and start enjoying your new property, you have one more major step to take: the home inspection.
A home inspection isn't an appraisal. In fact, an inspection has nothing to do with your home's value -- or how much your lender is willing to finance. It's simply a way to assess a property's safety and long-term viability.
Here's what you should know about home inspections:
The home inspection is designed to protect you, your family and your investment, so choose your inspector carefully. Make sure the home inspector is experienced and licensed and insured where required. And don't forgo an inspection just to save a little cash. If anything, a home inspection report can give you extra leverage in negotiations.
SOLD! This one is a special transaction for @thelashleygroup because we were able to represent my sister and brother-in-law! Congrats to them on purchasing this house in the beautiful hills on Monrovia. #SOLD #realestate #monrovia#losangeles #forsale #home #realestateagent#buyer #buyers #newhouse#nowtherenovationsbegin!
Whether you're motivated by financial benefits or lifestyle perks, moving to a smaller space can be a smart idea with lasting benefits. Ready to start this daunting but exciting task? Here are some tips to help you seamlessly and successfully downsize your home:
Start early. While it's not always possible, you'll fare better if you give yourself ample time to make the transition. Plan to allow at least three months to downsize; that's long enough to sort through your possessions and manage all the details of a move..
Take inventory. It's not easy, but giving all your belongings an honest assessment will ensure that you only keep items that really matter. Ask yourself: If your possessions were lost in a fire, what would you actually replace? Outlived items tend to get stored in the basement, attic or garage, so it's wise to start the decluttering process there.
Make a plan. As you sort, begin grouping items that don't make the cut: Will they go to family, friends or charities? Another option is to sell them online or at a consignment shop. Before you bring the "keepers" to your new space, make a simple floor plan with measurements and assign each item a spot to make sure everything fits.
Live creatively. You'll live large in your new small space if you follow some basic decorating and storage tips:
Downsizing is going to be a big change, but a good attitude and some careful planning can help make sure your new space is a good fit.
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