Do you have a troublesome neighbor who doesn’t take care of his or her home? The overgrown lawn and untrimmed landscaping might not have been too much of a bother in the past, but now you are ready to sell your North Shore home and the lack of maintaining the property poses a real problem!
Many homeowners face this problem and want to know how they can expect to sell their home when their neighbor’s house looks terrible? Here are a few actions you can take to make your neighborhood a little more presentable:
Another property de-valuer, especially in today’s economy, is the foreclosure. While you can’t personally do anything about a foreclosed home in your neighborhood, you should be prepared to take a hit on your home’s appraisal value. Be aware of the home values in your neighborhood and what other sellers are listing their homes for. You may need to consider discounting your home or offering incentives to counteract the foreclosure.
Foreclosure is so commonplace now that it probably won’t affect people coming to your neighborhood – in fact, it may draw potential buyers. You just have to be ready to compete with the ‘bargain’ a foreclosure may present to your potential buyers.