4 Easy, Low-Budget Projects Buyers Will Love

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If you’re getting ready to sell your home, you don’t have to spend a lot of money to impress buyers. In fact, making just a few small changes can have a lasting impact and help you secure a sale. Here are four easy, low-budget projects you can do on your own—and buyers will love the results!

Updating Hardware and Fixtures

Faucet with running water

Does your kitchen feel a little drab? Is your bathroom still stuck in the 1990s? You probably don’t have to undertake an entire renovation to bring your space into the new decade—adding some updated hardware and fixtures just might do the trick! Today’s buyers are looking for modern yet timeless finishes, so oil-rubbed bronze, brushed nickel, or matte black are all great choices. 

Start by checking out your light fixtures, faucets, or shower heads. Do they look dingy, worn, or out of style? If you’ve tackled a few DIY projects in the past, you can probably update them yourself. For an even easier change, try replacing the pulls on your cabinets—it only costs a few dollars.

Adding Some Fresh Paint

Paint roller

Adding a fresh coat of paint is an easy (and inexpensive!) way to update a room, but it’s crucial to choose the right color to enhance your space. While you might love bright hues or eye-catching wallpapers, buyers may feel differently. When in doubt, it’s best to go with a more neutral shade instead of something bold.

However, just because you’re repainting your home with more subdued tones doesn’t mean you’re limited to white or beige. In fact, grays, pale pink, light sage, and even steel blue are all considered “new neutrals.” It’s okay to experiment with a little bit of color, but be sure to ask your agent for a second opinion.

Maximizing Your Storage Space

An organized closet

Dedicated storage space is one of the most highly sought-after features in today’s market—and buyers are willing to pay a premium for it. Even if your home doesn’t have a lot of storage, you can still enhance what you already have with a few small tweaks.

Buyers often prioritize laundry rooms, closets, and pantries, so it’s best to focus on these spaces if you have them. First, start by decluttering and cleaning your storage areas to maximize every square inch. Adding some shelves, woven baskets, or wall-mounted organizers can create even more storage, too.

Improving Your Curb Appeal

Front porch with a plant

Want to make a great first impression? Don’t forget to update the exterior of your home, too! It’s crucial to wow buyers from the moment they drive up to your home—if they don’t like what they see on the outside, they might never make it inside.  

If you want to up your curb appeal, start by taking a look at your home from the street. Do you see any peeling paint, cracked walkways, or overgrown bushes? These are all repairs that you can tackle during a free afternoon, and you won’t even have to enlist the help of a pro. For a really simple fix, try adding a potted plant or a new welcome mat to your porch.

Are You Ready to List?

Selling your home is no easy task…unless you have the right real estate pro on your side! We’re always here to help you navigate the selling process from start to finish, and we have plenty of staging resources to get your home looking its best. Feel free to reach out to us with any questions and let us know if you’re ready to take your next steps.

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4 Tips to Ace Your First Home Purchase

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If you ask a homeowner what it was like to buy their first home, they’ll probably mention a few things they’d change if they could do it all again. While it’s impossible to know everything about the home-buying process beforehand, you can still prepare yourself for what lies ahead—and figure out how to avoid some potential pitfalls. Not sure where to begin? Here are some key pointers to keep in mind before starting your search.

You’re Buying More Than a House

Neighborhood

We all know the phrase “love at first sight,” and it can certainly apply to homes, too! Even if you step inside a home and instantly fall in love, it’s crucial to step back and consider the whole picture before making a purchase.

When you buy your first property, you’re investing in more than just four walls. It’s worth paying attention to things like a home’s location, neighborhood, and physical condition, too. Even if you find that open concept kitchen you’ve been dreaming of, it might not be the right fit if it’s in the wrong community or if the rest of the house requires out-of-budget repairs. It’s best to stay realistic and listen to your agent’s (and home inspector’s) advice. Remember, this is likely one of the biggest investments you’ll ever make, so spend your money wisely!

Down Payments Are Different for Everyone

Piggy bank and house figure

So many would-be buyers are scared of homeownership for one reason: the down payment. Traditionally, you’d put down around 20% on a home and spend anywhere from 10 to 30 years paying your lender back. However, you actually have more flexibility than you might expect. 

Depending on your credit history, location, and occupation, you could be eligible for loans that require as little as 0% down. However, making a larger down payment means you’ll pay less interest to your lender in the long run. Be sure to shop around for the right fit and reach out to your agent with any questions—they’re always available to help you out. 

Prepare for Extra Expenses

House fund coin jar

Homeownership often comes with unexpected expenses, especially right after you move in. When you’re setting a budget for your big purchase, consider adding some wiggle room to allow for any additional and long term costs. You don’t want to realize that you can’t afford your home after you’ve purchased it!

Wondering what kinds of expenses can come up? Inspections, homeowner’s insurance, prepaid taxes and other various closing costs, HOA dues, and repairs are just a few possibilities. You’ll pay for some of these before or at the closing, but certain recurring costs will have to be factored into your monthly budget. 

Get Pre-Approved Before You Start Searching

Tax forms with phone and coffee cup

Once you’ve made the decision to buy, it’s tempting to start looking at listings right away. However, you might want to press pause and complete an essential step before you start scheduling showings. Getting pre-approved for your loan will show sellers and agents that you’re serious about buying—and it can tell you exactly how much you can afford to spend.

Ready to start the pre-approval process? First, you’ll want to get your finances in order and shop around for the right lender. Be sure to have all of your important documents on hand, such as your W-2 tax form, paystubs, and social security card. Most lenders allow you to apply online, and within a few business days, you’ll know whether you’ve been approved or not, as well as the conditions of the loan. 

Are You a First-Time Buyer?

Buying your first home is a big deal, and it’s important to have the right agent by your side throughout the process. If you’re ready to start your search, feel free to reach out to us with any questions. We can’t wait to help jumpstart your journey to homeownership!

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