Sales | Rentals | Strata
路 Posted by Rachael Goldsworthy
There was a question raised by a tenant earlier this week in regards why their gas hot water was not working, watch this video to find out what happened.
And if you have any other questions in relation to leasing, buying or selling property in the Hawkesbury I am always happy to help.
I look forward to assisting you with your real estate needs one day soon.
Rachael 馃檪
路 Posted by Rachael Goldsworthy
Good morning, good afternoon, or good evening depending on what time you’re watching this video. Rachael Goldsworthy just checking in with you from the Hawkesbury, and wanted to say in regards to all of the rain that we’ve had lately, it’s a really good time to have a look at houses when it has been raining. Reason being, you can see whether it’s water tight, what the drainage is like, what the fall on the property’s like that may not necessarily be apparent if it is a dry day out there. Anyway, just thought I’d just check in and let you know that. Any questions, don’t hesitate to give me a call, always happy to help and talk about property. 45-77-9964, we’ll catch up with you soon.
路 Posted by Rachael Goldsworthy
Hi. My name is Rachael Goldsworthy, and I’ve just come from a house in South Windsor. The owner has just settled in the last couple of days, and they’ve purchased a home from another agent who had a mortgage in possession sale. They have managed to secure the property a little bit more affordably than normally, so they got a bit of a discount on the sale price. Want to do it up quickly and then turn the property over. Often i find my clients ring me up and ask me what they could do to improve the value of the property, and turn it over quickly so that they can get a good return on it.
It’s really important when you’re doing these sorts of promotions, and also sorts of renovations that you do the right renovations because if you spend a lot of money with the principal and of putting things there that you would ordinarily like if you lived in the house, I can tell you right now you’re not going to make any money on the property. The reason being is we get involved with the process. We get emotionally attached to the process, which is okay, but equally is a lot of money involved when we like things that we like, and we put them in the homes and then they just cost us a lot more money.
I guess my advice to you is when you’re renovating a home for profit, make sure that you don’t spend it as though you were going to live in it. For example, in the kitchen instead of a particular style of appliances, stainless steel appliances, just go for the low end or the middle range as opposed to the top end. You wouldn’t be going for the De’Longhi. You would be going for something like Whirlpool or Westinghouse. Still good brands. Still recognised by the buyers as good brands, but it won’t cost you as much, and you’ll be able to get a higher profit on the sale process.
That’s I guess in essence what I’ve been looking at. Make sure that when you are renovating for profit that you look at the costs. Also, do a layout of the costs, what you’re looking at promoting, what you’re looking at renovating, and then do that list. Then from that list, work out what the costs are and find out what’s a priority and what’s really just a wish list, so that you make sure you do the priority items prior to doing the wish list and that way you won’t run out of money prior to putting the house on the market. And you’ll make a nice little profit for yourself. All right, well I’m Rachael Goldsworthy, and I look forward to catching up with you on the next video.
路 Posted by Rachael Goldsworthy
Hi, my name is Rachael Goldsworthy, and we’re just heading off to a house in South Windsor. That particular house we’ve been asked to have a look at because the owner is unsure as to what to do prior to putting it on the market. There’s a couple of things that they want us to have a look through. Whether it needs the painting and the gardens and those sorts of things, but also things such as garden ornaments or garages, whether they should be there or not. Sometimes garages are attached to a house. Sometimes they are separated, so they can add value depending on the make and materials that have been used. However, sometimes they can also be an eyesore.
That’s something that an agent can do, come out to the house prior to you putting the house on the market to make it a little bit easier for you, and give you a list of one to 10 of items for you to do, prioritise and put a timeline on it, and also come back and check. The other thing that’s really important with that process is things that buyers are looking for in that marketplace at that particular time that you’re selling, things such as built in wardrobes. Whether the, if you’re looking at replacing the roof because it’s dilapidated whether a tile or iron roof is more preferred by the buyer.
Little things like that that make all of the difference for the buyer, so if you’ve got any questions at all in regards to what you’re doing when it comes to the sale of your house, don’t hesitate to give me a call. I’ll be more than happy to walk you through that.
路 Posted by Rachael Goldsworthy
Hi. My name’s Rachael Goldsworthy and I was just talking to one of my clients in regards to a property that they have, which is tenanted. This property is in Windsor and they were looking at putting it on the market. The tenant they currently have is a wonderful tenant, however they’ve got a lot of furniture, and it’s just not going to work from the perspective of utilising the space for the home. My suggestion to that vendor was to look at offering the tenant a little bit less in rent, charging them less in rent to declutter and possibly put some things away in storage for them. That just allows the space in the house to work. Otherwise, if you’ve got too much gear, too many things all over the shop, it’s just not a good look for a house, especially when you know it can look so much more larger than what it is.
That would be my advice to the client. Just offer the tenant less rent or offer the tenant services of an agent to go in there and help them set up their home in a particular way. That tenant may say, “No. I don’t want to do that, not interested.” That’s absolutely fine. It just means that you may not necessarily want to put the house on at that particular time. The tenant might also say, “That’s fantastic. I’ve been waiting, I just haven’t known when to start. There’s so much gear there and I’m really not sure what to do.” Could be a blessing in disguise for all parties.
Anyway, if you’ve got any other questions in regards to looking at your house and tenants and those sorts of things, don’t hesitate to contact me. We’ll catch up with you on the next video.
路 Posted by Rachael Goldsworthy
Hi. My name’s Rachael Goldsworthy. I’ve just come from a final inspection that we have had for a particular purchaser. What you’ve got to do when you are purchasing a home on the day of settlement or day before settlement, just have a quick walk through the home that you did put the deposit down on, and looking at settling just to make sure that the inclusions and exclusions are there. Check for example, that air conditioners have their remotes, that the locked up spaces like garages that you may not be able to see into have been cleared out. That no pots or bricks or things that aren’t meant to be in the home are not there.
Things like lawn mowing is not actually on the title, a defective title so you possibly can’t hold settlement up because of that. Ultimately, all of those inclusions and exclusions are really important and possibly to look at them on the front end of the contract rather than the back end at the final inspection, because you’ve got a much better chance of things finalising completely the way you want it to, if you have it in that contract for sale. Always mark it off as an exclusion or an inclusion, whatever it is that you need and then with final settlement, just make sure that everything is there as per the contract for sale. Then you’ll have a smooth sailing for a great settlement. All right then. I’m Rachael Goldsworthy and I look forward to talking to you on the next video.
