Talhaferoze Blog 1

Are you thinking to sell your home? Consider listing it on the Gharbaar website. But Wait! Have Plot for sale in Islamabad completed all the required repairs? If No then perform all the basic repairs before selling your home. Ignoring the repairing process before selling a home is one of the biggest mistakes that is made by the seller, therefore fix up your home so that you can get the best market value.

Important Repairs before Selling a House

Let’s have a look at things that must be fixed before selling a house.

Please Note: Conducting a repairing doesn’t mean to perform the costly home renovation. All these repairs that are mentioned above just need to be polished to make your home look more presentable. These repairs will put more money in your pocket and this is the main reason why we recommend repairing process before selling a home.

Exterior

The exterior of a house is the first thing that buyers see, so it should look good. The impression which you will make on buyers when they first see your house will help them in making a decision. Make sure that the grass is mowed. Remove all the dead plants, branches and trees and include colorful flowers around the entry of your home.

Interiors

Maybe you have spent money and time updating the exterior of your home but remember interior still needs serious attention, make sure it is not outdated. Now it’s time to look at the interior of a house that needs repair. Check for any dings and dents on the walls, worn paint or scratched moldings. Paint is one of the easiest and cheapest ways to update the outlook of your home before selling. Neutral and lighter colors are preferred when selling as they tend to appeal most of the people. Just paint those rooms that need it. Replace any cracked or chipped floor tiles. Clean or remove the carpets and refinish broken or torn laminates. Lighting makes even the smallest home seems inviting and open. Replace the broken fixtures of light and upgrade it to energy-efficient and LED lighting. 

Kitchen 

The kitchen is a most important part of every home and most of the buyers make their decision based on the aesthetics and size of the kitchen. Everyone wants a spacious and large kitchen with all the new appliances. We will not suggest you to do complete kitchen renovation but minor repairs as it will make your kitchen more appealing and inviting. You should upgrade your kitchen before selling your home. Refinish the kitchen cabinets doors, polish counter surfaces and if possible upgrade the fitted appliances. 

Notional Interest

The interest is an additional expense in the budget of the customer required to purchase any property. Moreover, real estate investing also involves such interest known as notional interest. The buyer has to place a down payment on the property he is purchasing as it is a requirement of real estate investment. This money could be a way of earning interest in a bank or any other investment if it is not used in down payment. Once it is used in making a down payment, there will be no interest in it. 

Insurance

During the lending of mortgage, the buyer is required to have insurance of the property. Natural disasters such as hurricanes, earthquakes, and tsunamis can cause great damage to the property which can be a loss to mortgage lenders. In such cases, the borrower will not continue making payments. The lenders persist for an insurance policy of the property so that their interests will remain safe. While looking for a Shop for sale in Islamabad you should get information on a suitable insurance plan beforehand. Commonly, people have insurance for their property but sometimes, the owners also insure the interior and contents of their property. Most owners spend a huge amount of money on designing the interior of their houses. Insurance can protect their investments in the case of an unexpected event. 

Taxes, Utilities, Wiring 

Property taxes and insurance are to be paid along with the mortgage in order to purchase a property. Sometimes, taxes and insurances are a part of the mortgage bill which is to be paid monthly. Utilities and other services like water and trash are also to be paid by the owner. May areas have the rule that the landlord will be responsible for the bills of utilities. In case any appliances break, the homeowner will have to replace and fix such issues. Wiring can be another important task which is to be handled by the owner. The use of cable, internet, and phones require a proper wiring system in your house. Items like carpet, windows, water heater, kitchen cabinets, bathtubs, flooring, and other bathroom accessories and HVAC system usually need repair in 10-20 years. Similarly, exterior including gutters, roofs, fences, and sidings are worn out in 15 -25 years.  Installing safety systems, motion detectors, and alarm systems can also be a part of your expenses.  

Maintaining your house can be a little bit costly. Many things like pest-control treatment, carpeting air conditioning, fertilizing lawns and insulation in winters become a part of your budget increment. 

There are many factors that affect the age of your house. The condition of your house and the climate of your area have a great impact on the maintenance of your house. If you are looking for a purchase or sale of any kind of property, visit the website ‘Gharbaar’. This website will provide you the latest information on real estate industry of twin cities.