The Power Is Now Magazine | October, 2021

Page 73

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By Ruby Frazier

The Common Renovation Mistakes Sellers Make and How to Avoid Them

S

o, you want to sell your home, and you have heard that doing some renovation here and there will significantly improve the value of your home. But are you also aware of renovation mistakes that have the potential of sinking you into irreparable problems, massive costs, and worse, a low return on investment? Remodeling your home, if done properly, can be both financially and mentally rewarding, and as a homeowner, you hope to spend less while increasing the value of your home. It, however, is easy to fall in head fast and make common renovation mistakes. But to avoid these common mistakes, you must be aware of them. WWW.THEPOWERISNOW.COM

1. ADDING CUSTOM FEATURES You might want to add custom features that might make the home more attractive in your creative mind. The problem with doing this is that the very pretty feature might only be attractive to yours only. In fact, the buyer might find them appalling and might be put off making an offer on the house. If you are thinking of selling your home, remove any custom feature and leave a blank slate which the next owner may customize to their own taste. 2. MAKING COSMETIC REPAIRS You might get carried away with giving your home a facelift. Primarily focusing on making it more visually appealing but unfortunately neglect to address real structural features. The cosmetic repairs may make the home appealing, but they are a money suck. On top of that, you will more than likely end up spending more money addressing real structural damage in the long run. Therefore, save yourself money l

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World Teacher Day

3min
pages 132-133

National Disability Employment Awareness Month l 5

7min
pages 136-140

What It Means to be a Hispanic

3min
pages 134-135

International Day of Non-Violence

3min
pages 130-131

It’s Time to End the Racially Unjust Medical Debt Crisis

4min
pages 128-129

Could it be possible that Racial bias is baked in GSE underwriting policies?

3min
pages 126-127

The housing industry’s disparate impact hopes

9min
pages 122-125

Why a Curb appeal matters, by Success Money.

4min
pages 115-118

Buying with cash: pros and cons, by Joe Fisher.

6min
pages 119-121

Here’s what I think about online mortgage lenders, by Briana Frazier.

4min
pages 107-110

Los Angeles Market Update: the Chaos in LA- No homes for sale and Rents are skyrocketing, by Adrian Bates.

6min
pages 111-114

Getting a top dollar for your Sacramento Home this fall, by Robert Langston.

4min
pages 103-106

Is your home a turn-off for buyers?, by Kenneth Session.

3min
pages 99-102

San Diego Market Update: San Diego rents are among the highest in the country, by Denise Matthis.

4min
pages 95-98

Here’s how to avoid homebuyer’s remorse in 2021, by Danon Burnside.

5min
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How to compete as a buyer in Corona’s Sellers Market, by Jenny Gonzalez.

5min
pages 87-90

Meet Derrick Johnson, President and CEO of The NAACP.

4min
pages 70-72

Selling a Home With a Lien, by Cornelius Jackson.

5min
pages 83-86

This is how best to price your home in a seller’s market, by Ameer Elahee.

1min
page 69

The common renovations mistakes sellers make and how to avoid them, by Ruby Frazier.

15min
pages 73-82

August 2021 real estate market statistics for Corona, CA, by Kamesha Keesee.

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How to avoid bad deals on income properties, by Johnnie Morine.

4min
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Are real estate prices in Phoenix Arizona Starting to stabilize?, by Peggie Simons.

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Avoid these mistakes between loan approval and closing, by Emerick Peace.

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Why Keep Renting? It seems Cheaper to buy!, by Yvonne McFadden.

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The Hidden costs of downsizing, by Norman Green.

5min
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What to know about property taxes, by Adriana Montes.

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Which mortgage is right for you?, by Sharon Bartlett.

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8 Fundamentals of Commercial Property Investing for Beginners , by Steve Peterson.

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How to Improve Mortgage Processing with Document Automation

3min
pages 24-28

The United States Economic Forecast 4th Quarter 2021

3min
pages 14-15

HUD And FHFA combine efforts to focus on fair lending

3min
pages 22-23

New Home Size Increases as Demand for More Space Continues

3min
pages 20-21

Supreme Court Strikes Down CDC Eviction Moratorium

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Builder confidence has been declining since January

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Report Shows California Needs 1.2 Million Electric Vehicle Chargers by 2030

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Energy Commission Adopts Updated Building Standards to Improve Efficiency, Reduce Emissions From Homes and Businesses.

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