Article

Loan Can Be Used To Sell Your House

Topic: Financial FreedomPublished July 31, 2008

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You’ve heard of thirty-second second elevator pitches, but did you know that 30 seconds is all you have to persuade buyers viewing your home that your property is their perfect nest? Think of it as a 30-second hallway pitch! nnIronically, you don’t need to spend thousands of pounds to turn the hallway pitch into a success.nnWith just £500 – easily obtainable as a manageable personal loan if you don’t have the cash spare - you can make significant changes that will not only help shift your home in the stagnant housing market, but could add a few thousands pounds more to the asking price.nnRemember, you’re in danger of devaluing your property if you don’t present it to its fullest potential.nnSo armed with your £500 home improvement loan, here is my plan to add value to your home that far exceeds the five hundred quid spent and get it off the market and into the hands of its new owners faster than you can say “where’s the Sixty Minute Makeover team?” nnLet's take a walk...nnStart by walking through every room of the house. nnNote down where improvements can be made then prioritise the work and your budget. nnWhile you won’t be able to afford all of the suggestions below on a £500 budget, many of them are easily affordable.nn1. DeclutternnBuyers look for space; they need to see that your property has plenty of room to store their own ‘stuff’. nnClear away any clutter – you’re moving anyway so it makes sense to start packing things away now. nnDecluttering is free and won’t eat into your valuable £500.nn2. RedecoratennWith only £500 you need to be prepared to spend a couple of weekends redecorating rooms that look tired. nnHallways receive the most wear and tear so do consider redecorating here. nnLight, neutral colours always work best.nn3. BathroomsnnDecisions to buy a property are heavily influenced by kitchens and bathrooms. nnIf the taps in your bathroom look dated then a good investment is to change them to more contemporary designs, many of which can be picked up cheaply on eBay, or even somewhere like B&Q. nnBuy a grout pen and freshen up the grout between every tile and repaint the walls if necessary. nnNew towels and accessories bought from places like ASDA, Matalan or Ikea will instantly give the bathroom a lift.nn4. KitchensnnChanging cabinet doors will have the most impact and B&Q are selling cabinet doors at half price this summer so do some investigation to see if this is an option for you. nnOtherwise repainting the doors and changing the handles could be an idea. nnReplacing the worktop will complete the look but this is likely to take £90+ out of your precious £500.nnIf the floor is bad, re-tiling with vinyl tiles will upgrade the look. Shop around and you’re bound to find good bargains. nnnPainting the walls and adding colour coordinated canisters, tea towels and pictures – all available cheaply on the high street from places like Argos, Woolworths or ASDA’s super cheap home section - will go a long way to improving this room.nn5. Bedrooms and StoragennEveryone needs good storage in the bedroom so make sure this room is especially neat and tidy with everything stored away.nnPut out of season clothes in the loft or store them with friends or family but realise that you may have to use some of your £500 to rent storage space for some months if you have a lot of ‘stuff’. nnIt’s worth investing in new bedding. Dunelm Mills, Ikea, Matalan and the supermarkets offer attractive bed linen at good prices and you’ll have a fresh new look to take to your new home.nn6. MirrorsnnMirrors are great at visually adding space to a room. Hang one opposite a window to reflect the light and bring the outside in. Hallways are usually the darkest areas of the home so place one here too. nnMirrors can be picked up cheaply from Argos, B&Q, Cargo or why not try your local glass merchant. nn7. Curtains and Cushions – bring in colournnCushions, curtains, artwork and accessories bring colour into a space and repeated use of the same colour always pulls a room together. Use the same accent colour throughout your home to give it a co-ordinated look. nn8. ArtworknnCreate your own artwork to complement your colour scheme. Buy cheap black frames and plain card to use as the backing mount. Look in your local stationers for greetings cards in your chosen accent colour, photographs of flowers and country scenes always a safe bet. The frames and the cards don’t have to be the same size, so long as the frames look similar and you’ve carried through a theme with your images and colour you’ll have a smart collection of pictures. n

Article author

About the Author

Christian is an author of several articles pertaining to Personal Loans. He is known for his expertise on the subject and on other Business and Finance related articles. n

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