Debt Settelement

How to Stage Your Home to Sell

First impressions are a powerful thing when it comes to selling your home. Staging your house is an effective way of making the most of its best assets. The following tips can help you learn how to stage your home to sell for the highest value possible.

Painting living spaces in fresh neutral tones is one of the cheapest ways you can make a real improvement to your home’s selling ability. Bold, old fashioned paint colors can be a major turn off for buyers, who find it hard to see past an outdated over-personal design. Warm tan, pale yellow and olive tones are all an understated modern take on neutral beige.  A tip nearly all realtors will give you is to de-clutter as much as possible. Anything you do not need should be stored in either the attic or a hired storage space. Remove all but a few simple ornaments from surfaces and thin out overcrowded shelves. An uncluttered home looks far more spacious and gives the impression that there is room to spare.

Take care of any minor repair projects. Little problems with the house might not be too difficult to fix, but those viewing it could think that they are a sign of deeper troubles. A good start is to replace any cracked tiles, fix wonky steps, and mend dripping taps.  Make sure the front of the building is neat and tidy. It is the first thing a viewer sees, so it is extremely important that it is a positive sign of things to come.

Do not neglect your garden. A house could be amazing, but if the backyard is an overgrown mess, the thought of tackling it can scare buyers away. A garden does not need to be professionally landscaped, but a good clear out, a mowed lawn, and a couple attractive plant pots can work wonders. Learning how to stage your home to sell well can give a high return on your effort. Relatively cheap things can add a lot of value, especially if you learn to look at your house objectively as a buyer would see it.

3 Pros and 2 cons of debt settlement that are worth considering

If you’re overburdened with credit card debts and you can’t arrange the minimum payments on your credit cards, you might be looking for some kind of debt resolution. Out of the various debt relief options available, debt settlement can be a viable option for you as it reduces the debt amount considerably. But before settling your debts through a debt settlement company, you need to consider some pros and cons of debt settlement companies. Read on to know about them.

Pros of settling your debts through a debt settlement company

Debt settlement companies attract most debt struck consumers because of the significant reduction in the debt amount. Have a look at the pros of settling your debts with a debt settlement company.

1.You become debt free soon: By settling your debts through a debt settlement company, you can completely free yourself out of debt within 24 to 36 months. This certainly depends on the amount of debt that you owe to your creditors. As you pay off the settled amount, you can easily start with rebuilding your credit once again.

2.Pay less than you owe: Through a debt settlement company, you pay less than what you owe. Your debt consultant negotiates with your creditors and attempts to lower the principal amount to its half. The cut off amount ranges from 40-50%. Thus you save a lot of money by settling your debts.

3.Stops legal actions: As you pay off your debts owed to your creditors, no legal actions are taken against you. Generally your creditors take legal action against you if you fall behind on your payments. But since in this case, you make your payments, though not in full, the creditors stop taking legal action against you.

Cons of settling your debts through a debt settlement company

Debt settlement has got some cons which must also be considered before settling your debts so that you can safeguard yourself against such disadvantages. Have a look at some of them.

1.Your credit score is hurt: By settling your debts, you can hurt your credit score significantly. Since you do not pay the entire amount, the creditors report it as “paid as settled” and this hits your credit score badly.

2.Your savings becomes taxable: The amount that you save through a settlement is subject to tax under the IRS. Thus the money that you are going to save will be taken away in the form of taxes.

Debt settlement is the fastest and the least expensive way to get out of debt. It is a direct and ambitious approach to debt reduction and it is best suited for individuals who have no other option left but to file bankruptcy.

Author: Charles Anderson