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Increase you home value

 

Ways to Increase the Value of Your Home

Simple ways to Increase your Home Value.

List of things that you can do to Increase your Home‘s Value.

At some point in our lives, we sell our home and move to a bigger house or our job requires us to move in a different state. Whatever the reason may be, there is always one thing that concerns us and that is “How much is my home’s worth?” The big question that we always have before we decide to sell our home. When we sell our home, we always want a little profit from what we originally purchased our home.

So what exactly can we do to maximize or increase the value of our home? Here are some simple ways that you can do to increase the value of your home.

1. Paint.

paint home

Choose the right Color for your Home

You’ve guessed it right! Painting your exterior and interior walls will boost the value of you home! Plan ahead. Choose the color scheme that can catch attention, the good kind of attention. Choosing the right color for your house can absolutely and dramatically increase your home’s value. Pick the colors on a cloudy day or in an open shade. Click here for more tips on choosing the right color for your exterior. I know that you are worried about the cost, so it’s better if you plan ahead. Click here for an estimated cost for painting your home. Painting the interior you can do it yourself or hire a professional. Always plan ahead so you can do some budgeting.

2. Kitchen

Matching Appliances can increase Home Value

Matching Appliances can increase Home Value

Repainting your kitchen walls, cabinets and counters with a new fresh and modern scheme will give your kitchen a boost! Also, your appliances should match each other. If you are aiming for a stainless steel door, your oven, or the dishwasher should match. You can order a new door for your appliances, call the manufacturer or check online if they have a door replacement for your appliances. I think this one of the cheapest and most effective way to give your kitchen a fresh look. Click here for more tips on Updating your kitchen.

3. Bathroom

increase the value of your house

Do not forget to update your bathroom to increase the value of your home.

A fresh paint will do the trick! Choose the color that is fresh or something now will help to increase the value of your home. Also, don’t forget to change the toilet seat cover and redoing your bathroom grout. Small details count. Fixing or replacing what is broken will boost the value of your home! Click here for more tips on Updating your bathroom.

4. Landscaping.

Landscaping increases home value

Landscaping increases home value

Nobody wants to live in a wasteland, that is if your landscaping is that bad. Landscaping your property can be a bit costly especially if you will be hiring a professional to do it for you. However, a property that is professionally done and with a gorgeous landscape can boost your home or your property value up to 28% and this is according to economist John Harris. A Portland, Ore., study found that trees with a sizable canopy growing within 100 feet of other houses added about $9,000 to their sale price and shaved two days off its time on the market, according to Houselogic.com. You can also visit their website for more information.

 

We all want to sell our home for a top dollar. However, we need to do our part to fix or replace whatever is broken in our home and throw whatever is not needed to create more space in our home. You can also request for a free Home valuation in San Diego area, click here.

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Sell Your Home For Top Dollar With These Tips.

Sell your home successfully with these sales strategies from The Biszantz Connection.

Selling your home for top dollar

Strategies for selling your home for top dollar.

Selling your home for top dollar is a reality when you utilize the following tips before your home goes “live” on the internet for sale.  When I meet potential sellers I share these sales tips and others from my extensive experience representing people on the buy and sell side.

The Biszantz Connection has an extroadinarially high sales price to list price ratio by following these as well as other sales strategies.

The key is to present “a quality product” to the public that is indisputable in price and terms of the sale.

  • Have a licensed home inspector do a thorough inspection of the condition of your home before listing it for sale.
    • I always encourage my clients get a full report of the condition of the home from a professional source. It gives us the option to fix, replace any faulty items in the home to avoid it being a point of negotiation in an attempt to lower the purchase price in escrow. Who wants to find out that the upstairs guest bathroom leaks  into the kitchen ceiling?  Don’t be caught during the escrow and find yourself giving money back. Let the buyers home inspector struggle to find anything wrong with your home!
  • Get a termite clearance before listing your home for sale.
    •  To be able to offer a full termite clearance as a seller is a win/win for you. A buyer often is satisfied with your clearance and will not hire another termite company for their own inspection. Chances are you are going to have to get a termite clearance for any escrow involving a lender so you might as well have the termite company of your choice. If not, you may be left with no choice other than to use the buyers requested termite company….and they will not be working for you.
  • Excel in front curb appeal!
    • I cannot tell you how many times I have accompanied buyers into a home and when we pull up to the home, their mindset changes to….PASS in a milli-second. Once that happens, it is extremely hard to change their impression…no matter what is inside. Landscaping,  new paint is clearly worth a couple thousand dollars when you might be negotiating a difference between $50,000-$100,000 in purchase price.  How your home is presented reflects directly on the owner, their financial situation, need to sell, accurate or perceived. Bottom line, don’t appear to be desperate for a buyer. Bottom feeders come out at that point!

      Sales Strategies For Selling Your Home For Top Dollar

      Sales Strategies For Selling Your Home For Top Dollar

  • Do not ever settle for less than professional photographs of your home.
    • Presentation is everything when positioning a home for sale. Whether it is a $100,000 mobile home or a $20,000,000 estate on the sand makes absolutely no difference. For the price of a nice dinner, you can have beautiful photographs. When I look at home on the internet to show my buyers, I often pass at showing homes with amateur photographs for so many reasons. If it is presented this poorly to  thousands  on the internet…what is it going to look like in person?

Would you like more strategies on how to sell your home for a higher purchase price? It would be my pleasure to meet with you and create that winning strategy to get you top dollar at amazing speed on the sale of your home.

Happy Selling!

Shannon Biszantz

at The Biszantz Connection

619-417-4655 or Shannon@ShannonBiszantz.com

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Sales Tips For The  Successful Sale Of Your Home.

Home seller mistakes to avoid for a more a successful sale of your home.

8 Mistakes to avoid when selling your home.

8 Mistakes to avoid when selling your home.

If you’ve lived happily in your home for years, it can be difficult to detach yourself from cherished memories and look at your house as a commodity you’re attempting to sell.

But no matter how much you love your home, you’ll need to spruce it up before it hits the market.

For a smooth transaction that garners the most possible profit from your sale, avoid these eight common, and costly, home seller mistakes.

  1. Skipping a home inspection. Depending on the age of your home, scheduling a pre-listing home inspection  could save you a lot of time and aggravation. You can address issues on your own time and budget before  negotiating with a buyer to fix repairs.
  2. Skimping on your sales prep. While you may be tempted to “test the waters” and put your home on the market without painting it or making minor repairs, your home is likely to languish on the market and get a reputation for having a major problem. A thorough,  proffessional home cleaning should be your bare minimum seller prep. Your eventual sales price is likely to be lower if you don’t sell within the first few weeks after you list your home.
  3. Choosing the wrong REALTOR®. Instead of picking a REALTOR® who’s a friend of a friend, a relative or perhaps someone who’s great at working with buyers, take the time to pick a REALTOR®with an excellent reputation for listing homes. Your payoff will be much larger if you list your home with a REALTOR® with local market knowledge and sales expertise.
  4. Neglecting to ramp up your curb appeal. If you polish and primp inside your home but   neglect to pull weeds or paint your front door, you run the risk of potential buyers leaving without ever entering your home.
  5. Withholding information from buyers. If you hope that the buyers or their inspector   won’t find out about the leak under your bathroom sink or the fact that your basement gets flooded every winter, you run the risk of a nasty negotiating period—or worse, a lawsuit after the settlement.
  6. Overpricing your home. If you’ve hired the right REALTOR®, someone who can give you a strong market analysis and help you determine a reasonable price for your home, then you can avoid overpricing your home. If you don’t listen to a REALTOR® and base your listing price on an inflated view of your home’s value, you’re likely to end up selling after multiple price drops for less than you would have if you   priced it right the first time.
  7. Being unprepared for your next step. Whether you should  buy or sell your current home first  is only one part of the preparation you need to make to move. You need a back-up plan in case your transaction on either end takes longer or shorter than you think, and you need to understand your mortgage payoff and the closing costs you must pay.
  8. Letting your pets and kids spoil a sale. Part of your emotional detachment from your home is recognizing that while you love Fluffy and your darling twins, buyers want to visualize themselves and their own family in your home. Bribe your kids if you have to, but make sure the house is neat and as  neutral lookingand smelling as possible. Take the kids and your pets out (or lock up your pets) when prospective buyers are visiting: You never know if someone who is terrified of dogs or cats will be turned off from making an offer because of your adorable pet.

Selling a home can be challenging, but with the help of a reliable REALTOR®, you can avoid making mistakes and reap the rewards of your sale.

I thought this article would be helpful for all that are contemplating listing their home for sale.

If you would like to have a consultation with a licensed Realtor, feel free to call our office at 858-755-0075.

Shannon Biszantz

The Biszantz Connection

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 10 Reasons for Selling Your Home During The Holidays.

Selling your home during the Holidays can be an advantage!

Selling during the holidays can often be easier.

Selling during the holidays can often be easier.

1. People looking are generally more serious buyers.

2. Serious buyers have fewer houses to choose from, the seller has less competition to sell.

3. Houses are especially appealing with holiday decor.

4. After holidays the supply of listings increases substantially which lowers the demand for your home.

5. Buyers tend to be emotionally motivated at year-end.

6. Buyers have more time to look with less constrained work schedule than non-seasonal time.

7. Many people will purchase by year-end for tax-purposes.

8. You can still be on the market, but have the option to restrict showings to 6-7 days during the holidays.

9. Sell now, and specify a delayed closing or extended occupancy until early next year.

10. Be selling now, you have an opportunity to buy during the spring, when many houses are on the market.

Happy House Hunting or Selling!

Shannon Biszantz

The Biszantz Connection

619-417-4655

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Tips to Maximize Their Home Benefits before the end of 2013.

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 Strategic moves you can make before year end to maximize their homeowner tax benefits for 2013.

With just three weeks left until 2014 and the holidays upon us, it’s a busy time of year. But there are a few things last-minute things homeowners should be sure to squeeze in to maximize their homeowner tax benefits for 2013.

FORBES spoke with two CPA tax experts, Michael M. Eisenberg, a CPA financial advisor at Eisenberg Financial Advisors in Los Angeles, and Jordan Amin, of EisnerAmper LLP in Iselin, New Jersey, who gave us the following tips:

      Pre-pay your property taxes
In California, where property taxes are due twice a year, it may make sense to pre-pay next year’s first installment. This is especially the case for people who expect their income to go down next year. “Check with your CPA about what the rules are in your state,” Eisenberg advises.

 Accelerate mortgage payments
For similar reasons, people expecting their incomes to go up may want to push their January mortgage payment into December. “If you’re going to make that payment in the next 30 to 90 days anyway, it’s almost silly not to accelerate and get the deduction,” says Amin. “Especially if your income is going to change.”

 Make energy efficiency improvements
The IRS tax credit for making improvements to a home for energy efficiency–insulation, air conditioning or heating units, windows, among other items–they can qualify for a tax credit of 10% of the cost, up to a lifetime maximum of $500. Note that this is not a deduction, but a credit–a straight subtraction from taxes owed. “This thing may be expiring at the end of the year,” Eisenberg says. So do those energy efficiency projects now.

Finalize your foreclosure sale
Before the financial crisis, people who lost their homes to foreclosure and had the remainder of the balance on their mortgages forgiven had to report that cancelled debt as income and pay taxes on it. But in the midst of the recession, with people losing houses left and right, Congress had a heart and stopped taxing the first $2 million in forgiveness of mortgage debt. Well, that nice perk is coming to an end at the end of the month. So if you have a home in the midst of a short sale or foreclosure proceeding, put the pressure on everyone involved to get the deal done before the year is over.

“This is so important that people know,” Eisenberg says. “If they have $500,000 or $600,000 or $700,000 in debt cancelled,” on a sale that closes after the end of a year, “then not only have they lost their house, they’re also going to end up paying taxes on the debt forgiveness as income. Not a good outcome.”

 

In addition to the above steps you might want to take before the year is over, here are some items that you can’t do anything to change, but would be wise to keep in mind for 2013 taxes:

1.       Deductibility of points
For new loans on home purchases for this year, points are deductible. This is true for any acquisition. However, for points on a refinance loan for anything other than improvements on the home, the points are deductible over the life of the loan. On 2013 sales of homes with a refinanced loan that has points, the unused portion of the points are deductible for this year’s taxes.

2.       Deductibility of PMI ending
The tax deduction for principal mortgage insurance (PMI) is set to expire at the end of this month, but Eisenberg does not recommend pre-paying, as the IRS may not look fondly on that.

3.      Exclusions on gains from sales
Home sales in 2013 qualify for an exclusion on the net sales gain (the selling price minus the purchase price plus any improvements) of up to $250,000 for an individual, $500,000 for a couple. The caveat: this only applies to a home that was used as a personal residence for two out of five years. If you’ve moved out of a personal residence and then moved back in, you have to live in it for five years before you can take this exclusion. Consult a tax accountant to see if you qualify for a partial exclusion.

4.      Home office deduction
Both homeowners and renters can take advantage of a simplified rule for the home office deduction. Under new rules for 2013, the formula is a $3 per square foot deduction, up to 500 square feet. The office has to be used consistently and regularly, though.

5.      Clean out and give away
Another thing that homeowners-—or anyone—-can do is go through their homes and get rid of extra possessions by making donations to charity. Taxpayers who itemize can include charitable deductions in their 2013 taxes. “Just make sure you’re donating it to an IRS-designated 501c3 organization,” Amin says.

For more information, go to Forbes.com

 

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Shannon Biszantz

Shannon Biszantz

Shannon Biszantz reviews

CalBRE #01787015
16236 San Dieguito Road, Suite 4-12,
Rancho Santa Fe, CA 92067

Work Cell: 619-417-4655
Office: 858-755-0075




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