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Home Selling in 95624 : Real Estate Advice

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  • Home Buying32
  • Home Selling5
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Activity 5
Sat Mar 19, 2016
AJ Hernandez answered:
It depends the best thing to do is to consult a local real estate agent.

In some cases making some minor repairs will help increase the value of your home or just make it more appealing and thus make it easier to sell however in other cases the return on investment simply won't be there especially when hiring professionals so you may just be better giving the buyer a small discount or credit IF needed and saving yourself the trouble. Again this is where a local real estate agent can come in helpful as they can provide comparables and show the statistics of similar homes and what they are selling for based on condition.

Paint is almost always a good idea but rather than changing carpet maybe just have it cleaned, there are numerous other ways you can spruce up the place a realtor can usually provide a checklist or even a quick google search can give you some ideas even if you are not DIY type.

NOTE: In some cases certain repairs may be required by the lender depending on the loan program so you might even want to speak to a local lender that is either recommended by your realtor, your past loan office or if you would like a recommendation I know several good loan officers in your area.

Currently I only offer loans in Florida.
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0 votes 29 answers Share Flag
Wed Apr 3, 2013
Sue Archer Reynolds answered:
I see you received no replies. It could be because it was posted in Sacramento, CA while you reflect having purchased a home in Mays Landing, NJ.

Your CPA who is completing your taxes would have the answer to this question, not a realtor. I do know that Mortgage insurance, or PMI is now allowed as a deduction in your taxes. Beyond that, take your closing statement with you to your CPA and have them explain what is deductible or not related to both your federal and state income taxes.

Good luck.
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Mon Dec 17, 2012
Kylee Roe answered:
Just want to add to Sarah's comment, that some caution in celebrating the "seller's market". She is correct, strong for sellers, lots of buyers, demand exceeding supply. BUT....don't have the mis-thought that a home can be over priced, or that a financed offer well over comparable market analysis values will go thru smoothly. The lenders of today are still cautious and so if your home's market value is $200,000, then that's the value you should list at. No speculation, like in '07 and that era--when the neighbors home sold for 200k, and then you can list your like house for 230K the next week, and get it sold. ... more
0 votes 7 answers Share Flag
Thu Dec 6, 2012
Ron Thomas answered:
The Real Estate Market is NOT like the cell phone market;
Real Estate is a long term investment.
Quit thinking that it will boom or bust by next Tuesday.
0 votes 5 answers Share Flag
Thu Dec 6, 2012
Ernest Mathews answered:
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