Month: July 2018

Ways to Increase the Value of your Home

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When selling a home, it is important to make upgrades that will allow your house to sell for a higher price. Even with a budget, there are multiple ways to amp up the potential selling price of your house.

The following home improvements can help your receive the best price without exceeding your renovation budget:

Kitchen renovations– The kitchen, being the typical place for people to gather in a home, is the best way to increase your selling price. Even smaller improvements in the kitchen can make a big difference. Upgrades like newer appliances and counter-tops can appeal to a potential buyer.

Bathroom improvements– Freshening up the look of your home’s washrooms can make a difference in your potential house value. Switching the existing towel bars and other fixtures with more high quality ones can make a bathroom much more appealing. Replacing tiles and touching up the walls will work to add value to your house, while still maintaining a budget.

Lighting upgrades– The lighting of a room can make or break how a potential buyer feels about the space. A room will be more appealing if it has brighter lighting, and there are a variety of cheap fixes you can make to brighten up a space. Simple, inexpensive upgrades, such as installing LED lighting into an area of a room can showcase a cleaner, larger space to potential home buyers.

Fresh paint– A new coat of paint can bring up the same result as brighter lighting, which is a fresh, more appealing space. Neutral shades, like beige, grey, and mauve are the best colors to stick to when painting a home. Even quick fixes like touching up the trims with fresh paint can make the difference to a potential house buyer.

Landscape modifications– Bringing more curb appeal to your home can be a simple, inexpensive fix, and will ultimately help increase your selling price. You should put focus on improving the entry of your home, such as modifying concrete paths, porch plants, stepping stones, and the appearance of your door. Even placing down new mulch can bring more attraction to your home. The small, affordable improvements will make a huge impact on a potential buyer’s first impression.

It is important to know what steps you can take to receive the best price for your home. For more information on the process of home-selling, contact Chang Legal today.

The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.  The transmission of the Website, in part or in whole, and/or any communication with us via Internet e-mail through this site does not constitute or create an attorney-client relationship between us and any recipients.

Determining A Good Real Estate Deal

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When you are looking to purchase a property, the number one thing you are looking for is a good property at an appropriate price. Furthermore, the location and condition of the property are usually the key determining factors in a real estate deal. Chang Legal wants you to be safe when you are looking to purchase a property, here are some ways to determine if a real estate deal is worth it:

Zoning Issues: An easy way to tell if a property is not a good real estate deal is checking for zoning issues. If a property has zoning complications, it leads to an automatic “no” for most investors.

Condition Of Property: It is essential to take the condition of the property into account when you are house-hunting. If the condition of the property or the way it is presented does not meet a buyer’s standards, they may be able to get a discount on the property. This can save you money all for just looking at the details of the residence.

Assess Purchase Price Vs. County Appraisal Value: To determine if a property is a good real estate deal, plugging in the address to see if the selling price is lower than the county appraisal assessment. If this is the case, you will more than likely make a profit off of the property which makes it an excellent real estate deal.

Ultimate Pricing Vs. Monthly Rent: If you can purchase a property for $600,000 and lease it out for at least $6,000 a month, then this determines the real estate deal is worth it.

Consult With A Real Estate Attorney: If you have any concerns or further questions about determining if a real estate deal is worth it, consult with our real estate attorneys today.

Important Steps in the Process of Home-selling

Posted by David Chang on with 1 Comment

When you are in the process of selling your home, there are a lot of things to consider. For example, it is essential for you to decide which real estate agent is the perfect match for you. You also need to recognize the best price for your home, by considering factors like location and condition.

The home-selling process can be overwhelming, but it is important to follow these important steps that will bring you ease:

List your home with the help of your agent– Having a professional agent by your side while listing your home is the first step in the home-selling process. Your real estate agent will inform you of specific improvements and modifications that they believe should be made to improve the stability of your home. Along with this, your agent will help you create a customized marketing plan, which will include the best price for your home in the current market.

Prepare your home– Preparing your home prior to putting it on the market is the best way to give potential buyers a good first impression. Your real estate agent will assist you in determining what ways you can best prepare your house. Some specifics that you should focus on that pertain to showcasing your home include cleanliness, paint, curb appeal, and odors.

Determining the purchase price– Compromising a purchase price with your buyer is important, so that both sides of the agreement feel that the price is fair. Allow your agent to work on negotiating the best price for you, while also keeping the buyer satisfied.

Be ready for the home inspection– Once the price of your home is agreed upon with your buyer, an inspection of your home comes next. The structure of your house will be evaluated, including the roof, basement, walls, and doors. The home inspection will serve to point out any flaws in your home and address a variety of concerns. Be present during the home inspection, so you can discuss any concerns you may have.

The closing– The final step of the home-buying process is the closing, which will be taken care of mostly by the real estate company. The closing consists of money being paid out to the buyer from the seller. Your agent will help you with the closing documents that are necessary at the closing of your house. The final documentation includes but is not limited to mortgage, deed, and homeowner’s insurance policy. All of the final documentation will be reviewed by all parties involved in the home-selling process.

To receive professional assistance during the home-selling process, contact us at Chang Legal today.

The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.  The transmission of the Website, in part or in whole, and/or any communication with us via Internet e-mail through this site does not constitute or create an attorney-client relationship between us and any recipients.