Property Talk: Advice For Buyers And Sellers

In today’s blog post, we are going to take a look at some property advice for both buyers and sellers…

Preparing Your Property For Sale

Real estate agents advise people on how to prepare their property for sale. Have you have been trying to sell your property but not having much success? Is it the property market, a bit of bad luck? Or could it be those broken light fittings or overgrown garden? 

Estate agents will tell you to take heed. When selling your home, first impressions really do count. Start by looking at the exterior appeal of your property. Stand outside and compare it to neighbouring properties. Does your leave your mortified? If so it might already be putting potential buyers off. Can you improve the exterior by mowing the lawn, cleaning out the gutters, refurbishing window frames? A poor exterior gives the impression of a poorly maintained property. Anything you can do to improve this helps create a better first impression. You may even want to look into the option of hiring residential architects if you want to boost the value of your home by turning some of the extra space into an extra room or building.

Next, depersonalise your property. Put away any family photos. Potential buyers want to imagine themselves living there not, picture your life. Don’t clutter their vision of living in a new home. Next remove or tidy away any general clutter such as ornaments, books, DVDs, CDs etc and spring clean your home. Give potential buyers a clean, blank canvas onto which they can paint their future life in the property. As a guide, there should be enough free space to move around the property unimpeded and for viewers to fully appreciate every aspect of each of your rooms. When you clean, pay close attention to detail as buyers are doing so. 

Advice For Home Buyers

Buying a new home whether you are a first-time buyer or moving home can be an exciting time, but can also be an anxious and stressful one. Here are some tips and hints to make buying your next property that bit easier. 

Before visiting an estate agent, start by working our your budget. Buying a home is likely the largest financial transaction you will ever make. Your budget depends on your income, and that of any joint purchaser. Any deposit or equity you have in an existing property and other debts and financial commitments. Discuss your requirements with a mortgage lender to see how much you could afford to borrow. Most people can borrow up to three times their salary. 

Define your requirements from a property. Do you need an apartment, house or bungalow or duplex? Think about the size, type and style of property which you need and then look at similar properties in the area you have chosen. You should also consider what reason you are buying the property. Is this for you and your family to reside in or is this an investment? Knowing this can help you to determine the key factors. With an investment such as buying a rental property, a blog on website could be very informative to help you with some of the considerations. With your own home you can allow emotion to take over a little, as this is where you and your family will be living. Remember, once you have an idea of your property discuss it with your estate agents and be open to suggestions and flexibility based on your budget. 

Next look at whether you should purchase a new build or re-sale property. They both have advantages and disadvantages. As this is a large topic, you should discuss it with your estate agent. Finally once you have discussed your needs, viewed property it is time to make an offer. Hopefully your offer will be accepted and you will be able to purchase your dream new home.

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