New Year’s tips for buyers or sellers will help you position yourself for success! If you are thinking of buying or selling, now is the time to prepare. I put together some of my top suggestions for you. I also included some tips to build equity and what updates are best when investing in your current home.
New Year’s Tips for Buyers
Thinking about buying your first home? Considering upsizing or downsizing? Here are some things to do that will help you achieve your goal.
-Create a realistic timeline and work towards your goal. The items below should be on that list.
-Check your credit scores. If you need to improve your rating, start looking at items that are bringing it down. Work on lowering debt and making timely payments.
-Start or increase your savings for a down payment.
–Choose an experienced real estate agent. You can contact me at betsy@deepcreekvacations.com or call 301-616-5022.
-Begin the loan pre-approval process. I can help you find a lender to work with. Mike Archer, from First Home Mortgage, is the in-house lender at Taylor-Made.
–Start looking for homes. I can show you any home that is listed, even if it is with another brokerage. We can work together to find homes that meet your criteria and that are within your budget.
New Year’s Seller Tips
Selling:
Would you like to put your home on the market in 2021? Here are ways to get ready to list.
-Create a selling timeline. This will help you prioritize tasks to prepare your home for the market.
-Contact a real estate agent. I have more than 20 years of experience helping sellers through the process.
-Identify home improvements that need to be completed. As your agent, I can give you suggestions so that you can plan how to manage them.
–Get rid of the clutter. This is a very important step. Potential buyers need to be able to see square footage and imagine the space as their own.
New Year’s Tips for Investing in Your HomeI
Not sure that you’re ready to sell? You can still take steps to add value. Invest in improvements and upgrades with the best return if you do decide to sell.
-Make checklist to keep track maintenance projects for the year.
-Eco-improvements generally get a good return on your investment. Increase your home’s sustainability and reduce utility payments over the long-term. Suggestions include:
-Upgrading your furnace to a more efficient model.
-New windows for better insulation.
-Install low flow toilets and showers.
-Install a programmable thermostat.
-Upgrade appliances to more energy-efficient models.