Frank DiGiorgio's Blog
As a home seller, you'll want to ensure all areas of your house look great. By doing so, you may be able to generate substantial interest in your house and boost your chances of a quick home sale.
Unfortunately, some home areas are tougher to clean than others. And when it comes to cleaning your attic, it may prove to be a time-consuming process to transform this space from a liability into an asset.
So what does it take to fully clean an attic? Here are three tips to help a home seller revamp an attic in no time at all.
1. Look Out for Dust and Mold.
Dust and mold can be problematic, but these issues may arise if you rarely enter your home's attic. Fortunately, a home seller who spends some time cleaning the attic can minimize dust and mold with ease.
Repair or replace any loose, broken or missing shingles in your attic. Also, check attic windows for missing caulk or cracked panes. Resolving these issues may help you prevent mold from forming.
If you encounter mold, contact a certified indoor air quality professional immediately. This professional can evaluate your attic and offer recommendations to correct the problem.
In addition, dust your attic thoroughly. This will enable you to minimize the risk that dust mites and other irritants could enter other areas of your home.
2. Get Rid of Unwanted Items.
From holiday decorations to family photo albums, your attic may be filled with a broad assortment of items. And if you remove clutter from your attic today, you may be able to save time after you sell your residence.
Go through your attic belongings and separate the essential items from the non-essential ones. That way, as moving day approaches, you won't have to rush to get rid of non-essential items.
Furthermore, wear rubber gloves, eye protection and a dust mask any time you clean or organize your attic. This will enable you to stay safe as you work.
3. Collaborate with Your Real Estate Agent.
Does your attic require a complete overhaul? If so, you may need professional cleaning support, and your real estate agent can put you in touch with the right cleaning company instantly.
Your real estate agent will do what it takes to help your home stand out in the eyes of homebuyers. He or she can offer attic cleaning recommendations and general cleaning tips, guaranteeing you should have no trouble creating a dazzling home interior.
When it comes to selling your home, it is easy to ignore your attic. However, a home seller who performs extensive attic cleaning may be able to differentiate his or her residence from others – something that is exceedingly important in a highly competitive real estate market.
Take advantage of the aforementioned attic cleaning tips – you'll be happy you did! If you revamp your attic, you could improve your chances of maximizing the value of your residence and accelerating the home selling process.
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As a home seller, you need to do everything possible to learn about the competition. By doing so, you can find out what sets your house apart from other available residences and promote your home accordingly.
Ultimately, gaining a competitive advantage over rival home sellers can be simple – here are three tips to help you do just that.
1. Become a Real Estate Market Expert
Allocate the necessary time and resources to analyze the real estate market closely – you'll be happy you did. With housing market insights at your disposal, you can map out a successful home selling journey.
Take a look at the prices of homes that are currently available in your city or town. Focus on houses that are similar to your own, and you can establish a price range for your residence.
Also, examine the prices of recently sold houses in your area. This will allow you to see how long it took for these residences to sell. Plus, you can find out whether you're about to enter a buyer's or seller's market.
2. Learn About Your Home's Condition
Conduct a home appraisal, and you can gain unparalleled insights into your house's condition.
A home appraisal usually takes just a few hours to complete. During this appraisal, a property inspector will examine your residence and identify any home problems. Then, the inspector will offer a report that outlines his or her findings.
Following a home appraisal, you can determine the true condition of your house. That way, you can prioritize various home improvements and ensure that your home's condition serves as a key differentiator after you list your residence.
3. Work with a Real Estate Agent
If you're unsure about how to approach a competitive real estate market, there is no need to worry. Many real estate agents are available to assist home sellers and provide these sellers with extensive support throughout the home selling journey.
A real estate agent can offer tips to help a home seller bolster a house's interior and exterior. This housing market professional understands what it takes to promote a residence to the right groups of homebuyers too. Thus, he or she will do everything possible to guarantee your residence stands out from the competition.
Perhaps best of all, no question is too big or too small for a real estate agent. If you want to know the prices of recently sold houses in your neighborhood, a real estate agent can provide you with the pricing data that you need. Or, if you want to enhance your home's interior, a real estate agent is happy to help you discover the best ways to transform your house's interior from drab to dazzling.
Competition is fierce among home sellers. But with the aforementioned tips, a home seller can gain a competitive edge, one that can help this seller accelerate the home selling journey and get the best price for his or her house.
One of the biggest benefits to buying a home is that of the tax savings for you. You own a home now, so there’s no more monthly rental payments going out the window. All of your mortgage payments are going towards your financial future. There’s many different types of tax breaks that you can get from owning your home. Many home improvement projects that allow you an extra tax break are hiding right in the fine print! Tax breaks are known as “incentives.” These incentives are essentially what help people to get important things in their homes done without having a order placed on them. There are some hidden things that you may not have known could be used as tax write-offs.
From putting solar panels on your home to replacing appliances, there are certain tax breaks that you can get for making your home more energy efficient. There are lifetime caps on these deductions, but on a certain year, you’ll be able to save some extra money on your taxes. Some of the deductions that you might be able to claim include:
- Air-source heat pumps
- Biomass stoves
- Central AC units
- Water heaters
- Certain energy-generation systems which include an array of things like water heaters, solar panels, fuel cell systems, wind turbines, and geothermal heat pumps.
You can deduct somewhere in the neighborhood of 30% of the cost of these improvements to your home. It doesn’t hurt to check on the updated standards that are introduced each year by the government. Your accountant can help you to understand your own deductions a bit more in-depth.
Modifying Your Home For Medical Needs
If you need to modify your home in order to accommodate medical needs, you may be eligible for a tax deduction. The modifications must not increase the value of your home and be medically necessary. If the doctor tells you to lose weight and you put in a home gym, you can’t deduct that. If you need a ramp put in your home for wheelchair accessibility, then that can be deducted. The cost of the modifications generally has to exceed 10% of your adjusted gross income, or 7.5% if you’re over the age of 65.
What’s Not Deductible
If you have done some major remodeling around your home, it’s sad to say that these improvements probably aren’t tax deductible. On the positive side, you will get a bigger return on your home when you do decide to sell it. This could help you to reduce any capital gains tax that you may have to pay on the sale of the home.
Remember that when you make improvements to your home, you’re doing it first for your own needs. Any tax write-offs that you may get are merely a bonus.