If you plan to sell your house and need to declutter quickly, hosting a yard sale may prove to be ideal.
Ultimately, a yard sale enables you to get rid of excess items and earn extra cash at the same time. It also may help you connect with neighbors and lay the groundwork for long-lasting friendships.
When it comes to hosting a yard sale, it is important to sell the right items to the right buyers. By doing so, you can increase your chances of transforming an ordinary yard sale into a successful one.
Now, let's take a look at three items to sell during your yard sale:
If you're moving from a warm-weather climate to a cold region – or vice-versa – you should sell clothing that you no longer need.
Wash any clothes that you plan to sell as part of your yard sale. This will ensure all clothes are stain-free.
Furthermore, consider the buyer's perspective as you determine which clothing to sell. And if you find that some of your t-shirts, turtlenecks and other clothes are faded or ripped, you may want to dispose of these items altogether.
TVs, video game consoles and other electronics often prove to be popular yard sale purchases. As such, if you have excess electronics, you should sell these items at your yard sale.
If you plan to sell an old desktop or laptop computer, make sure to clear the hard drive. This helps eliminate potential cybersecurity headaches down the line.
Also, test any electronics to ensure they work properly. If electronics are battery-operated, install batteries to make it easy for yard sale shoppers to test these items. Or, if electronics require an electrical outlet, set up a power source that allows potential buyers to try these electronics.
If you are moving to a new house that already has a refrigerator, washer, dryer and other appliances, a yard sale provides an excellent opportunity to sell your current appliances.
Be realistic when you set prices for your home appliances. Check out the prices of brand-new and used appliances, and you can establish a price range for your appliances based on their age and condition.
In addition, don't hesitate to negotiate with buyers on appliance prices. Because if you fail to sell your appliances at your yard sale, you may be forced to move these big, heavy items on your own.
Those who understand which items to sell at a yard sale should have no trouble stirring up plenty of interest in any yard sale, at any time.
Lastly, if you want extra help as you plan for a yard sale, a real estate agent can offer expert assistance. This housing market professional can provide home decluttering tips to ensure you can sell the right items during your yard sale.
Start planning for a yard sale today, and you can move one step closer to decluttering and selling your house.
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Selling your home may prove to be a long, arduous process, particularly if you're unable to distinguish your residence from others on the housing market. Fortunately, there are many great household items that you can leave behind to differentiate your home from others and improve your chances of a quick sale.
Leaving various household items behind can serve you well in a number of ways. First, you'll be able to give homebuyers an incentive to purchase your residence if you leave custom or high-priced items that they might struggle to purchase elsewhere. You also will be able to simplify the moving process, as you won't have to worry about relocating numerous items that you leave behind when you move out of your current home.
There are many wonderful items that you can leave behind to boost your chances of a quick home sale, including:
If your refrigerator complements your kitchen décor beautifully, it may enhance the appearance of your kitchen. Plus, this appliance could become a key component in a negotiation with a homebuyer that may make it easier for you to maximize the value of your residence.
Your refrigerator may have served you well for years, but you won't have to worry about investing substantial time and resources to move it to your new address if you leave this appliance behind. Also, if you offer your refrigerator as part of your home purchase, it may prove to be the difference between selling your home and keeping it on the real estate market for an extended period of time.
2. Big-Screen TV
The big-screen TV in your den, man cave or living room has helped transformed your ordinary living space into a fun, exciting area. Now, you'll want to consider including your big-screen TV in your home sale, as this could help you streamline the process of selling your house.
By offering your big-screen TV, you'll make it easy for a homebuyer to move in and enjoy a high-quality TV instantly. Furthermore, the big-screen TV may help a homebuyer save time and money, as he or she won't have to worry about finding a new television after purchasing your residence.
3. Washer or Dryer
Let's face it – un-installing and relocating a washer or dryer can be a time-consuming endeavor. And in some cases, you may even need to hire a plumber to perform this task properly.
Lucky for you, leaving your washer or dryer behind could prove to be mutually beneficial for you and a homebuyer.
As a home seller, you won't have to worry about allocating time and resources to move a large, heavy washer or dryer from your residence. For a homebuyer, he or she will be able to reap the benefits of a superior washer or dryer immediately.
Consider the household items that you'll leave behind before you add your house to the real estate market. By doing so, you can include these items in your home listing and improve your chances of selling your house quickly.
Home values continue to rise. Many people use their home equity in order to get a bit more financial security. The home equity line of credit can have many different benefits for you. From home improvement projects to a much-needed vacation, you can get the funds that you need for whatever you wish. Turn to your home equity with some careful thought, however. You could end up owing more than your home is worth, which defeats the purpose of tapping into your home equity to begin with.
Make Your Decision Smart
Your home equity can be a good thing to tap in to if you’re not planning on spending like crazy. Maybe you just want a little extra cash on hand for emergencies. You’ll be prepared for anything unexpected. This could be a smarter decision than just blowing a bunch of money on a vacation, for example.
Some smart things that you can use your home equity for include:
- Home renovations
- Emergency funds
- College education funds
- Cash advance
These ideas are investments that can help you to achieve other goals. You should be sure that you’re able to pay the money back. These projects or financial endeavors are much more suited to smart spending than just randomly spending money, buying a car, or other things that will put you in serious debt.
Home Equity Fluctuates
As the market changes, the amount of home equity that you’ll have to tap into does as well. The state of the housing market can actually dictate to you how much money you’ll be able to get. If the market isn’t good, you could end up in the negative financially, so do your research.
How To Get Your Home Equity
There are a few ways that you can draw from your home’s equity. The first rule that you should understand is that you cannot borrow more than 80% of what your home is worth. Take a full remortgage your home, giving you the full 80% amount that your home is worth in order to take a lump sum. Alternatively, you can take a cash-out refinance where you set the amount of money you’d like to take out of your home’s equity as you refinance the home. You can also take out what’s called a “home equity line of credit,” which allows you to use the amount of your home’s worth as a credit card of sorts. You borrow money as you need it.
The biggest issue with refinancing is that of planning. It’s important to know why you’re refinancing and what you’re planning on doing with the money. Used wisely, home equity can really be a great financial tool.