Real Estate: 5 Common Myths
When it comes to buying or selling a home, there are a lot of myths of what you should and shouldn’t do in the process. We’ve researched 5 of the most common myths and explain why they’re false so you have one less thing to worry about in your search for your forever home or your journey to selling.
Myth #1 – First Floor Condos Are Undesirable
People often assume that first-floor condos automatically come with noise and safety concerns but more often than not that’s not the case. A first-floor unit is actually super desirable because you don’t have to deal with stairs or wait for an elevator. If noise is a concern, inexpensive updates like a good-fitting door and acoustical panels will ensure your space is quiet and peaceful
Myth #2 – Holiday Decor Should Be Taken Down When Trying To Sell
As long as your decorations don’t look like the Griswold’s it’s perfectly okay to keep up your holiday decorations if you’re selling during the holiday season. Go green and minimal with a tree, wreath, and garland. Not every buyer celebrates the same holidays you do so while you want to keep your home personalized while you’re selling, be careful not to go over the top.
Myth #3 – Change Bold Paint Colors
Neutral paint colors are aesthetically pleasing, no doubt. However, that doesn’t mean you have to paint over that bright wall you have in your living room. If you don’t necessarily want to paint and keep your bold accent wall, consider getting inexpensive neutral accessories like pillows, throw blankets, or rugs to tone it down.
Myth #4 – Homes With Swimming Pools Don’t Sell
Actually, homes with pools tend to sell better because buyers are looking specifically for homes with pools, especially in places with warmer climates, like the Outer Banks.
Myth #5 – You Have To Put Down 20% To Get A Loan
You should always save money to put a down payment on a home if you can, but different home loans and assistance like USDA and FHA can assist you if you qualify!