We all know houses are not selling like they used to.  If you are considering selling your home, there are several tips that will make it easier to sell.   First impressions make a huge difference between a sale or no sale.  These tips apply to any economy or market.For Sale

  1.  Less is More:  Even if you have not moved out, removing some furniture can help the home feel more spacious.  This also provides a potential buyer with a better visual of how the property could look as their home.
  2. Odor Control:  Sometimes homes have an odor you may not even notice since you there every day.  Ask a friend (or your agent) to be honest about any odor.  While the house is on the market, take the trash out every day and clean the refrigerator regularly.  If you have pets, keep an eye on the situation (i.e. litter box).  I have been in some gorgeous homes but a strong offensive odor has turned buyers away.
  3. The Little Things:  There are small and often inexpensive changes you can complete yourself to freshen up your home.  For example, replace dated/cracked light switch covers , install new hardware on cabinets, remove broken window treatment (no window covering is often better than broken blinds).  Although potential buyers know the house is lived it, it is helpful to remove excess clutter such as newspapers, mail, laundry and shoes.
  4. A Neutral Appeal:  If you have customized every room with dark paint or wall paper, you may want to update the colors to a more neutral tone.  This can help potential buyers create their own vision for the home and also when they are comparing their options, your home may need less investment and work if they buy the house.
  5. Curb Appeal:  This one is pretty obvious to most but again look at the exterior of your home from the potential buyers’ perspective.  Is the home welcoming?  Is there a clear path to the front door?  Is the front porch clean and appealing?

Keep these tips in mind when selling your property.  The best way to do this is to walk through your home with an honest friend as if you are both touring the home for the first time.  An experience real estate agent can also help.

Source:  Investopedia

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Fractional ownership offers individuals the opportunity to buy partial ownership of generally high-end properties in resort areas (golf course, ski area or beach communities).  Usually the fractional ownerships are divided into fourths, sixths or eighths, with each owner having an equal number of days a year to use the unit.

At first glance it looks and sounds like a time share.  The main distinction between timeshare and fractional ownership is with a timeshare you buy the right to use a certain period of time (not usually flexible), but with fractional ownership you are buying real estate with more usage available and increased flexibility on scheduling.   You get a deeded piece of luxury real estate which you can sell, transfer or trade like regular real estate.    That being said, the cost of fractional ownership is higher than that of typical timeshare, though still much less expensive than whole ownership of a luxury home in the same location.

Depending on the property, most fractional developments provide the amenities of a first-class hotel such as concierge, housekeeping, ground transportation and grocery shopping services.  Fractional properties may be hotel suites, cabins, town houses or detached homes.    By only paying for a fraction of a luxury property, fractional ownership can be a much more cost-effective way to stay in desirable properties and locations.

In Mammoth Lakes there are two luxury fractional opportunities.  80|50 offers fractional ownership in one, two or three bedroom elegant condos with Gondola access, while Tallus offers fractional ownership in 5000 sq foot luxury homes located on Sierra Star Golf Course.

Fractional ownership is not right for everyone.  The family that wants to come to Mammoth every other weekend or an entire month in the summer should consider full ownership properties.  However, the family looking for 4-8 weeks per year in a high-end property offering both onsite and offsite amenities should consider fractional.   A qualified real estate can help you determine if fractional ownership is right for you.

For previous articles visit:  www.sonjabush.com

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