Are you embarrassed to have people in your bathroom? Here are some affordable ways to spruce it up!
Whether you’re preparing to show and sell your home or just planning on having company over, you don’t want to be embarrassed about the look of your bathroom. If it’s outdated or dirty, it’s definitely time for a makeover. Because the bathroom is typically one of the smallest rooms in the house it doesn’t have to be expensive to update, but a great looking bathroom can offer you a great return on investment (second only to the kitchen). From the National Association of Realtors ®, here are 5 ways to spruce up your bathroom for cheap!
Repaint. Giving any room a fresh coat of paint can totally transform the room and give it an updated look, but when choosing a paint color for your bathroom it’s important to coordinate with other elements in the room. Are the toilet, tub, and sink white or off-white? What’s the finish on the light fixtures and door knobs? Does your mirror have any color to it? Just as it is for any room in the home, it is important that the colors in your bathroom complement each other. *TIP: clean walls thoroughly with a washcloth before repainting; many beauty products leave residue on the walls that could cause problems with your new paint.
New Flooring. Dirty, worn, or peeling flooring can be a major turnoff for potential homebuyers and guests. Again, because the bathroom is typically a small area, the cost of new flooring for the room and all necessary supplies won’t break the bank. Consider installing large tiles (it’s easier to clean than small tiles) or linoleum for a fresh look. *TIP: you can save more money by installing the new flooring yourself.
Replace your shower curtains and curtain rod. Curtains need replaced fairly regularly, as they can accumulate mold and mildew if they aren’t properly cared for, but curtain rods should be replaced at some point as well. For the most part this is simply because things go out of style. Also, usual wear-and-tear often leaves curtain rods looking rusty and dinged up; if your curtain rod is out of style or a little worse for the wear, consider purchasing a nice, new rod to transform the look of your bathroom with relatively little effort.
Upgrade your lighting. Many people tend to get ready for the day in the bathroom, so it’s very important that you have good lighting. Good lighting means that the room is well lit and that the light isn’t discolored for any reason. The National Association of Realtors ® says that bathrooms should have two different types of lighting: “ bright wall or ceiling light for regular use and a softer, warmer type of light, like a night light, to keep on when the bathroom is not in use”. *TIP: try replacing your lighting fixtures to update the look of the bathroom as well.
Update the Vanity. Vanities experience wear-and-tear just like everything else in your bathroom. If your vanity is outdated or beat up, replacing it with something brand new can completely transform the look of the bathroom. Most home improvement stores have a variety of options for vanity and sink combinations for reasonable prices. If you’re not ready to purchase a new vanity, you can update the one you have by deep-cleaning it and possibly adding new paint.
Simple and cheap updates, such as adding a fresh coat of paint, purchasing new lighting fixtures, and adding a new curtain, can dramatically enhance the look and feel of your bathroom. These quick and easy fixes will help you transform your bathroom from drab to fab in no time, and you won’t be embarrassed to show it to guests or potential homebuyers.
Making a cash offer on a home eliminates the need for bidding wars and gives peace of mind to the buyer and the seller. Here’s why:
If you’re in the market to buy a new home, you may have heard about some of the advantages of buying a home outright with cash. According to research by the National Association of Realtors®, almost a third of all residential sales are cash transactions and more than 70% of properties bought by investors and international buyers are cash transactions as well. So, you may be wondering, what exactly are the advantages to buying a home with cash and how can I make a cash offer?
Preparing yourself to be able to make a cash offer on a home requires patience and self-control. Follow these tips to increase your chances of being able to purchase a home with cash:
Set aside any unexpected money that comes in (inheritances, bonuses from work, etc.).
Lock your money in a long-term CD to earn interest.
Look for homes that you can afford with the money you have (the goal is to not have to borrow).
Homes outside of the city limits are likely to be cheaper-look there.
Manage your spending habits; don’t make impulse purchases.
Ask your family and friends for support and help to keep you spending smart.
Here are just some of the advantages to purchasing a property with cash:
Most sellers favor buyers who can offer cash payment. Sellers don’t have to worry about a cash buyer being approved for loans, so it’s a very reliable choice for the seller. Plus, a cash transaction means a quicker and smoother sale. So, cash buyers have greater negotiating power on price, closing time, repairs, and more.
Some sellers will discount the cost of the property if the buyer pays in full, upfront, with cash.
When using cash, and not a loan, the home-buying process is quickened and becomes much easier for both parties. Without loans, there are no stacks of paperwork to fill out and you don’t run the risk of being delayed for approval.
Cash buyers can save money on closing costs, bank appraisals, mortgage applications and fees, title insurance, and more.
There is no risk of loan denial with cash purchases.
Mortgage interest on a typical 30-year loan can double or even triple the original purchase price of a home. Cash buyers don’t have to pay interest on any loans, so they end up paying much less for their homes in the long run.
Cash buyers are able to save valuable time by eliminating the need to search for the optimal lender (which can be hard to find) and gather the necessary documents for the lender.
Cash buyers have a better sense of security about their home. Paying in full and upfront eliminates the chance of losing your home if you can’t afford to repay mortgage loans. Losing a job, becoming injured, or facing other hardships doesn’t affect the cash buyer’s sense of security-no matter what the circumstances, there is never the risk of losing the home to foreclosure.
Cash buyers gain full, immediate, excellent equity in their home. In the case of any type of financial emergency, homeowners can draw on that equity for quick cash.
Cash buyers are able to avoid mortgage applications, which can often prevent a buyer from being able to afford the home. This can happen when a low appraisal of the home causes the lender to reduce the loan amount offer to the buyer, making it impossible for the buyer to afford the home.
When a buyer purchases a home up front with cash, both they and the seller benefit. Financially and emotionally, cash transactions are beneficial to everyone involved in the transaction. Cash transactions save time and money and allow homeowners to be more secure in their purchase. Cash transactions can, in many cases, take away a lot of the uncertainty associated with buying and selling a home.
For more information on the advantages of buying a home with cash, read the original article from Realtor.com here.
When you begin your search for a new home, it is important to not only evaluate the house itself, but also the surroundings, i.e. the neighborhood. Everyone has different needs, and there are some important factors you should consider before deciding on a home or neighborhood. Make sure you look at:
quality of schools (if you have, or are planning to have, children)
For first time homebuyers, especially, it is a good idea to buy a home that meets your primary needs, in the best neighborhood within your price range. First time homebuyers typically have limited financial resources, so here are a few ways to ensure that you are picking a good location and staying within your price range.
Look for communities that are likely to become “hot neighborhoods” in the coming years. These are often times the neighborhoods that are a bit farther out of the city.
If commuting is a concern, purchase a home that is close to public transportation.
Look to see if it is a “high demand” area by asking real estate agent if Marlboro sellers are receiving multiple offers on their homes, whether the gap between the list price and sale price is decreasing, and if there is active community involvement.
You can also drive around the neighborhoods in Marlboro and see how many “sale pending” and “sold” signs there are in a particular area.
If the homes in Marlboro are out of your price range, consider buying a condominium in the area. This way you are still able to live in a prime area.