When to Renovate, When to Refinance, and When to Call a Realtor in Florida

The real estate process can be confusing. At Kadoch Law Group, we strive for transparency.

When to renovate…

To renovate, or not to renovate? That is the question! Renovating can massively increase the value of a home, providing homeowners when they are ready to sell, with the opportunity to sell their property at a higher rate. Even small renovation investments can make a tremendous difference in the financial worth of a home, and bringing kitchens and bathrooms up to date can especially add instant value. However, it is essential to assess the financial potential of your home or future project before making a commitment to a complete renovation.

Whether you are searching for a renovation project or want to renovate your current property, it is beneficial to chat with a realtor or a real estate attorney, such as Kadoch Law Group to assess your options. This can help you get a better understanding of what areas in homes are more focused on by buyers and realtors, and determine what is in your best interest.

When to refinance…

Are you a short-term or long-term homeowner? Whether or not you have owned a home for a few short years or have been a homeowner for over a decade, if mortgage rates begin to dip, you might want to consider refinancing to obtain a more cost effective home loan. Depending on your intended outcome, if you need renovation funds, it can also be beneficial to refinance your home before you decide and commit to renovating.

The most popular time to refinance is when interest rates are reasonable, low enough to enable homeowners to have lower interest fees and monthly payments.

Refinancing can also help you to reduce the term of your loan, to ensure your loan is paid off in full at a faster rate. It can help by changing a long-term loan, such as a 30 or 20-year loan into a 10 or 15-year loan. Refinancing might help you to pay off your principal balance faster.

When to call a realtor…

Homeowners that are considering selling should call a realtor earlier than buyers. It is recommended to call as early as a year or more prior to the ideal moving date. However, it is beneficial to call an agent whenever a question arises or if you need some guidance before and during the process.

Have any more questions about renovating, refinancing and when to call a realtor? Now is the best time to call and get your questions answered! When you are ready to purchase and refinance a potential property or your current home, why settle for less when you can get an experienced attorney on your team?

If you are looking to sell, buy a house, or are simply trying to find someone to answer your questions and simplify the buying and selling process for you overall, give us a call and we will provide the best possible service to you as we do with all of our clients!

“A realtor is not a salesperson, they’re a matchmaker…”