It’s almost that time again for Spring Cleaning!

www.judyballard.com – Judy Ballard Cobb County GA Luxury Real Estate Specialist 

Our Blog is Featured in Real Estate Blogs Directory
- Directory of real estate blogs and blogs of industries affiliated with and serving the real estate industry.

While it certainly seems easier to just bulldoze many homes and start over, a major clean-up makes most homes look fairly attractive and presentable. The idea is to get buyers to look at the home, without being distracted by clutter, smells, and other horrors. Unfortunately, that clutter and those smells are often unnoticed by sellers, so you have to make a specific list of things to do to make the task easier.

It’s time to spring-clean! It’s like a fresh start. It’s work the seller might have done anyway, should he ever get around to it. Sellers should focus on the fact that before they move to that bigger home or that snazzy home, they have to organize what to throw away and what to clean, just like anyone does while spring cleaning. And there are only three ways to do it: keep it, donate it or throw it away. Why not sell it? Conventional wisdom suggests that encouraging a seller to have a garage sale will appeal to their entrepreneurial side and need for cash. All it really does is give them something else to organize, which could still leave them with a lot of junk to donate, give away or throw away.

Here are some tips on how to get it done.

  • Start with the new place in mind

If you are going to downsize, redecorate, or make other big changes, you will have a lot of stuff you don’t need or want anymore. This will help you organize items into your three useful categories: keep, donate, throw away. Ask yourself as you handle each item in your home from old clothing to tabletop nim-nims, do you really picture that item in your new home? Is there a place for it? Isn’t the move a perfect excuse to get rid of Aunt Betsy’s cross-stitch sampler “Work Is A Virtue”?

  • Eat an elephant a bite at a time

Start with your least favorite, or messiest room. Start with a list that you can go through systematically, like: tabletops, closets, under the bed. That way each one can be checked off with a satisfying flourish as you make progress. Clear all tabletops first, using your keep, donate or throw away rule. Next, clean out the closets, and so on. Throw away as you go along by actually taking bags of trash to the dumpster. That way you won’t be tempted to keep things that should be ditched. Nothing worse that guilt-jerking inanimate objects, anyway. Don’t you have enough relatives to do this?

  • Ask yourself, “Do I want to pay someone $25 to move this?”

This question is enormous help when weighing sentimental items, or items you think you might need but don’t use very often. By the time movers calculate the number of floors they are moving you in and out of, the size of your rooms, weight of your furniture, and the number of boxes you’ll be packing away, $25 per item may not be that far off the mark. Little things add up to boxes and boxes add up to labor. You want to move as few boxes of belongings as comfortably possible. You’ll be surprised at how much you own that isn’t worth $25.

  • Use the one-year rule to get rid of clutter

It’s hard to predict what you are going to need, but it’s very safe to assume that if you haven’t worn an article of clothing, or read that paperback in a year, that no harm will come to give it away or throw it out. Ignore Murphy’s other law that as soon as you throw it out, you’ll need it. Murphy will hit you with “what can go wrong, will go wrong,” anyway.

  • Leave little or nothing on tabletops or counters

It may take some time, but you can get used to clean counter and tabletops. Train yourself to throw out junk mail and old newspapers and magazines. You’ll be surprised at how liberating it is.

  • Pretend you’re a spy; no personal possessions to be left sitting out

The assassin from M.O.V.E. has found your lair – or did he? Leave no personal photos or mementoes sitting out, and he’ll never know. Personal possessions are a distraction for buyers. Don’t give them unnecessary information. Need to know basis, only, eh, Bond?

  • Clean thoroughly

That means windows, doorways, and other cobweb traps, and you’re done. So how is it that make ready is like spring cleaning? They’re identical. The only difference is in make ready, you add repairs. When the repairs are done, the house is ready to present to the world. Sometimes all a seller needs is a plan and some encouragement along the way.  

Published in: on February 27, 2007 at 2:00 pm Leave a Comment

JUDY BALLARD MARIETTA’S LUXURY REAL ESTATE SPECIALIST

www.judyballard.com – Judy Ballard Cobb County GA Luxury Real Estate Specialist

 

Tax Tips from The Judy Ballard Team 

1.      Check your settlement statement carefully for deductions.  For example, real estate taxes are prorated at closing.  Be sure to deduct the portion charged to you. 

2.      Real estate taxes are deducted in the year they are paid, regardless of the date they were assessed. 

3.      Interest on a home equity loan is deductible regardless of the use of the loan proceeds as long as the home equity indebtedness does not exceed the lesser of $100,000 ($50,000 in the case of a married person filing a separate return) OR the difference between the fair market value of your home and the outstanding balance on the loan treated as acquisition indebtedness. 

4.      Mortgage interest is also deductible on a qualifying second home.  A second home can be a house, apartment, condo, mobile home, houseboat, or travel trailer which contains sleeping, toilet, and cooking facilities. 

5.      Certain closing costs paid by the seller may be deductible by the buyer.  For example, points paid by the seller can be deducted by the buyer if the buyer reduces his cost basis in the home by the amount of the points.

 

Published in: on February 12, 2007 at 10:54 am Leave a Comment