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Do You Want To Sell Your Rehabs Fast?
That's an obvious question - we all do! So what is the trick? So much time and money is spent on systems updates, roofs, and structural issues, that many times there's nothing left for what really makes the sale: what your potential buyers see. And more importantly, what they fall in love with.
People don't walk into your house, and say, "Wow, they have all new electric. Let's buy." That's just a core expectation. The trick to selling houses fast is to seduce your customers to fall in love when they walk through. It has to feel like a home to them.
The two most inexpensive yet surefire ways we have found to create this atmosphere is through color and through decorating.
A tastefully decorated house really stands out from the others. New house builders learned this a long time ago. Why do you suppose they hire interior decorators? But they have the advantage of creating one masterpiece to sell many. Rehabbers don't have that luxury. But we discovered that a house can be "staged" to feel like a lived in home. Staging is the art of artistically placing décor items around the house. Perhaps a colorful place setting on the kitchen counter along with open coffee beans for aroma, and an open recipe book turned to a colorful picture. Bathrooms dressed up with beautiful towels, sweet smelling soaps, and window treatments as shower curtains. Finally, fireplace mantels decorated as if the family was already living there.
But even staging doesn't create the ambience you need. It is the warmth that comes from color. You may have heard to use a white-on-white color scheme to remain neutral and not turn anyone off. The truth is - no one is turned ON either. Buyers aren't attracted to all white houses. At best, there's no emotion. With the use of contemporary designer colors, however, these same people fall in love with the home. That's the emotion that sells. When they love, they buy. And they fall in love with houses that are brought to life with full color.
Since we have no talent for color selection, and didn't want to have our visitors running and screaming from the house, we decided to hire a local decorator, Angelina Brown or PaintColorSolutions, to design all of our color schemes. What a brilliant idea, because the real estate agents always tell us that the buyers bought the house because they fell in love with the look and feel inside.
Joe and I knew that this was a critical service that all of our friends in real estate needed, so we convinced her to create something that could easily work for investors around the country. We're so excited by what she developed. She has put together a whole palette of different color combinations for all types of houses, in all types of areas, so that all we have to do as rehabbers is select the combination that we want to use, and we're done. She has already matched colors that complement each other, and entice buyers. She offers packages with both interior colors, and exterior as well; along with which colors go with which rooms. You even receive the paint manufacturer, and the color code. Just give all that information to your painter, and you're done. It's that easy. And to make it simpler, she packaged a bunch of combinations together so you'll have an array of choices for all your future projects - you could probably retire with all the selections she made available.
If you want to add the difference to your rehabs that sells them quick, be sure to get Angelina's new paint color selections at www.paintcolorsolutions.com . We have been amazed at the power this one simple tool has had on our sales. If you plan to rehab another house, you absolutely have to see what she has done.
Best of fun, happiness and success!
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Essential Buyer's Guide for Overseas Real Estate
It's been said many a time that overseas real estate buyers leave their brain on the plane when they step out into the sun in their overseas destination of choice. They've already fallen in love with the country, its people, climate and lifestyle and they've come to snap up that dream home.
Buying a Vacation Home
You'd like to buy a vacation home, but you're not sure where to begin. Perhaps the single most important point to determine up front is why you are buying a vacation home.
To Buy or Not to Buy
Purchasing a home is a major emotional and financial decision. Often times, people want to buy a home; however, emotionally cannot afford to commit to the home-buying process.
Regarding Real Estate On Leased Land
1.Why are there so many properties on leased land?There are several situations here.
Credit Help: Buying Real Estate -- Not the Same as Buying Cars
Credit for Buying Real Estate is Different than Credit for Buying CarsForget what you've been told about credit.You may be shocked at some of these tips because this information runs contrary to what other so called experts tell you.
Are You Trying to Hit a Home Run With Your Prospects Without Asking Them on a Date?
Real Estate email marketingDo you remember the old School girl/boy game of "Around the World", or "Around the Bases"? If you got a kiss you got to First Base. A french Kiss was Second Base.
A $100,000+ Discount On Miami Condos
By this point and time, many people have heard about buying preconstruction condos and some of the amazing profits that have been generated by these investments. What many people don't understand is that there is another way to play the preconstruction investing game, especially for those investors with solid financial resources.
Real Estate Investing and Home Ownership
If you already own your home, you will probably make money in real estate without ever buying another property.The home you are currently buying with a mortgage is probably one of the most valuable appreciating assets you will ever own.
Maximizing Curb Appeal and First Impressions to Sell your Home
We all know that a home or property of any kind, in order to sell faster and at a higher price, should have what is known as curb appeal. Frequently, it is not the expensive things that make a difference.
Subdividing - But NOT Land!
Many people are familiar with the concept of sub-dividing a large piece of property into smaller lots. The same concept can be very profitable in other areas.
Fixing Houses: Mixing Your Own Paint for Savings and Harmony
To make the maximum profit on your investment properties, you'll need to save money wherever you can. One way to save significant amounts of money is to mix your own paint.
Selling by Owner Tips
Do strangers scare or intimidate you? If you're planning to try to sell your home yourself, you'll have to get used to it. You'll also be opening yourself up to potentially dangerous situations and legal liabilities.
Real Estate Growth: How Long Will It Last?
There has been speculation in the media recently about the fact that real estate will begin to fail and implode as it can only handle so much growth. In my humble opinion these theories don't hold a lot of merit and here is why.
Expense List for Buying a Home
There are many expenses that come with buying a home. The following list is a good example of what to expect:Down payment - A minimum of 20% of the home's purchase price is usually required for the best loan terms and to avoid paying private mortgage insurance (see below), but it's entirely possible to buy a house with a smaller down payment.
Timing Clauses Stop Sellers From Inciting Bidding War
It is no secret that the current real estate market is hot, hot, hot. Sellers can receive multiple bids for their property on the same day.
Conventional Financing For Wholesale Deals
This info is very important for both new and experienced wholesalers, AND buyers of fixer-uppers, to carefully read and understand. We learned it painfully, hopefully you won't have to :-)Often times we are asked by investors about using conventional financing for their investor deals.
Dead Deals and Recycled Reports
Everyone knows that at the end of a home inspection, a report is generated that outlines the findings of the home inspector. But did you know that this is not intended to be a "hit list" of negatives? Us home inspectors do what we do in order to objectively describe the home.
Why Canadian Real Estate is Such Good Value
Real estate agents, Canadian citizens and foreign investors interested in the Canadian property market are all in agreement - as Canada becomes a more desirable place to live year on year so property investment in Canada becomes a more attractive prospect year on year.Furthermore, because property in Canada is high quality, plentiful, incredibly affordable and easy to purchase, real estate in Canada is good value across the board.
Real Estate Investing - The Motivated Seller
How the heck do you find a "motivated seller?"The motivated seller doesn't wear a tattoo on his forehead that announces the distinction. And he never drags you onto his property begging you to buy.
Selling Your Own Home: 10 More Tips
Selling your own home can be a time-consuming and frustrating process. Sometimes, though, in the right market, it makes sense to save thousands of dollars in commission and do it yourself.
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