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Glendora Real Estate News
Preparing to Sell Your Glendora Home
Experienced agents know what puts prospective buyers off when they view a home, especially Glendora. For example, when buyers find dirty dishes in the sink, notice offensive pet odors or spot obvious stains suggesting a leaking roof they begin to devalue the property. Some buyers may decide to pass on the house completely while others may think about making an offer way below the asking price. So, a good agent’s first step is to help the homeowner see the house as others will see it and take care of problems.
Qualifying the Buyer for your Glendora Property
Either you or your agent will want to weed out potential buyers who cannot afford to purchase your Glendora home. Items to investigate include the buyer’s debt and credit history, current income and employment, the availability of cash for a down payment, the time the buyer needs before closing on the home and the buyer’s level of interest in your home as compared to other properties.
Glendora ...How To Determine Price
The asking price of your Glendora real estate is not something to decide willy-nilly. Price it too high and you may not get any offers. Price it too low and you fail to maximize the return on your investment. Here is a good way to go about determining the price for your Glendora home.
Buyers who will consider your Glendora are out there inspecting and comparing a variety of homes that are for sale at the same time your home is on the market. If your home is priced significantly higher than comparable Glendora homes, you may not get very many buyers to even look at your home. Ultimately, it is buyers who determine what your home is worth. Buyers who are represented by an agent are privy to knowledge of what homes are actually selling for. You should be armed with this knowledge as well and you should use this knowledge to guide your pricing decision.
Bitten by the Glendora Home Improvement Bug?
Before you finalize your decision regarding remodeling versus moving, it is wise to get a professional estimate of your Glendora home’s current value, the actual costs of moving to a different home and the estimated return on investment of the most common types of home improvement. I’ll be happy to provide you with a complimentary analysis of your home’s current value. Simply call or E-mail me whenever you are ready. As for improvements that traditionally bring the highest rate of return on investment, here are some statistics. Kitchen remodeling and adding a bath tends to bring rates of return with averaging anywhere from 85% to 95% return on your dollars spent. Compare that with the 64% return on investment for adding a home office.
Buying a Glendora Fixer-Upper
Finding the right Glendora fixer upper often involves finding a seller who is in financial difficulty and wants to sell in order to protect their credit or to avoid foreclosure. Various government agencies such as VA, HUD, IRS and others offer homes in foreclosure for sale and these homes can make excellent fixer-uppers. Bank owned properties known as REOs, real estate owned, offer good opportunities since financial institutions want to eliminate their real estate holdings by selling foreclosures quickly.
Join my network of Glendora buyers looking for specific types of properties. Call or Email me today.
Glendora BASICS
Location, location, location pretty much describes the basics of all real estate markets and the Glendora market is no exception. A lovely estate home next door to a power plant or on a hill where major sliding has occurred is not as valuable as that same home in a quiet, tree-lined neighborhood. This is why most astute buyers tend to rely on real estate agents who are well versed in the community and know the area well.
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