7 Home Buying and Selling Tips From the Property Brothers
HGTV hosts Jonathan and Drew Scott offer their expertise on buying in new construction, getting to know the neighborhood, staging for a quick sale and more.
Jonathan says: “In order to pump these homes out as fast as the builders want to, some of them cut corners like not waiting long enough for concrete to cure properly or hiring untrained labor forces. I’m not saying new construction is bad; you just want to find a builder who has a quality product – it’s going to last a lot longer.”
Know the hidden costs of buying a home.
Drew says: “Over and above the actual purchase price of the home, you may have to dish out some money for land transfer fees, mortgage costs, home insurance, legal costs and title insurance. Ask your real estate agent for a complete list of all the estimated closing costs so the only surprises you get will be the good ones.
Never skip the home inspection.
Jonathan says: “I can’t stress enough how important it is to get a home inspection, whether you’re getting a fixer-upper or or something brand new. The seller most likely will cover any costs of a problem that pops up. If you’re putting an offer in, make it subject to a home inspection, so that way nobody else is going to swoop in and take the property out from under you, and it gives you enough time to make sure the house is actually a good investment.”
Get to know the neighborhood before buying.
Drew says: “Nothing compares to actually walking the neighborhood prior to buying in the community. Pounding the pavement will give you a clear image as to how noisy it is, the density of traffic and what your neighbors are like. Getting to know the locals will give you that insider scoop as to whether or not this is the kind of neighborhood you want to raise your family in.”
Don’t fall for love at first sight.
Drew says: “I always recommend touring at least 10 houses before you put an offer in on one. The first few houses may seduce you aesthetically, but may not really have what you need. When you walk through a home, have a checklist in hand; write down the pros, write down the cons and rate that house from 1 to 10. At the end of a long house hunting day, all the houses are going to blend together, and it’s that checklist that’s going to be the saving grace and will get you your dream home.”
Put safety first when remodeling a home.
Jonathan says: “We make it look like a lot of fun on TV, but things can go seriously wrong if you just blast through a wall with wild ambition. Plan first: For safety, you want to have glasses, masks and gloves. Go down to the circuit breaker and make sure you shut off any electrical in the wall. Finally, just stop frequently and investigate inside the wall where you’ve opened it up to make sure there are no other surprises.”
Simple staging tactics go a long way toward making a quick sale.
Drew says: “Depersonalize: Pack up the family photos and artifacts. Declutter: Clean off the countertops and pack away the knickknacks. As a final touch, make your house sparkle: Wash the windows and clean away the old cobwebs. Simple steps make a huge difference and can lead to a sold sign on your house.”
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