Thinking of Selling in the Spring Market?

Check out the top 15 home Updates that Pay Off!

#1 Minor Bathroom Remodel
Average return at resale: 102 percent

• It costs about $10,500 to replace the tub, tile surround, floor, toilet, sink, vanity and fixtures. You'll get back an average of $10,700 at resale, a recoup rate of 102 percent.
• If you can pipe a child's name on a birthday cake, you can re-caulk a tub. Use a softener like CAULK-BE-GONE to get rid of the old caulk. Fill the tub with water after you're done to stretch caulk while it dries.
• If your old tub is too large to fit out the door, re-glaze it for a like-new finish. Cost: $300 to $400.
• Remove dated wall coverings and apply a fresh coat of paint. For damaged walls, spray on texture provides quick coverage.
• Old shower doors can ruin any bathroom. Removing or replacing them will add the illusion of space.

Check out this link below for some very, very good information.

http://www.frontdoor.com/sell/top-15-home-updates-that-pay-off/33/p1

Fiscal Cliff Negotiations could include Homeowner Tax Breaks?

 Now that President Barack Obama has won re-election, there are several housing-related challenges staring the federal government square in the face. These are some of the decisions that will have to be made in the coming weeks: check out this link to read about the mortgage interest deduction being "revamped."
http://www.inman.com/news/2012/11/7/right-away-housing-challenges-obama