Chaimae Yaagoubi

It depends on your goals. If you're thinking of selling, converting the loft to a bedroom can add valueaEUR"especially if it increases your total bedroom count to four or more. This often attracts more buyers and boosts your resale potential. That said, all work must be properly permitted and meet local building code (closet, window, minimum square footage) to be considered a legal bedroom and add value on paper. If you're staying put, think about how you'll use the spaceaEUR"sometimes a loft works better as a home office, media room, or playroom. I hope this helps!

Stick to updates that make the condo feel clean, modern, and move-in readyaEUR"without overdoing it. Fresh paint, updated lighting, new hardware, and a deep clean go a long way. Minor kitchen or bath touch-ups can help too. Skip major renovations or anything overly custom. If permits are needed, make sure the work is approved. Wishing you the best of luck in selling your condo!

Start by exploring first-time buyer programsaEUR"there are options like zero down payment loans, grants, and closing cost assistance that can make buying more affordable. Next, get pre-approved through a lender so you know what you qualify for. It also helps to connect with a trusted REALTORA(R) early onaEUR"they'll guide you through the process, help you avoid costly mistakes, and make sure you're not missing out on programs you may qualify for. Taking these steps puts you in the best position to buy with confidence.

Start by exploring first-time buyer programsaEUR"there are options like zero down payment loans, grants, and closing cost assistance that can make buying more affordable. Next, get pre-approved through a lender so you know what you qualify for. It also helps to connect with a trusted REALTORA(R) early onaEUR"they'll guide you through the process, help you avoid costly mistakes, and make sure you're not missing out on programs you may qualify for. Taking these steps puts you in the best position to buy with confidence.

This is a common concern, and it really depends on your comfort level and how your friend handles business. A strong professional can separate friendship from the transaction and treat you like any other clientaEUR"with clear communication, boundaries, and expectations. That said, if you feel it could create stress or tension, it's okay to set that boundary. Real friends should understand that buying or selling a home is a major decision, and you have to do what feels right for you. Honest, respectful communication is key either way. Best of luck with your home purchase!

To potentially avoid paying capital gains tax, you need to have lived in the home for at least 2 of the last 5 years as your primary residence. If you meet that rule, you can exclude up to $250,000 in profit if you're single, or $500,000 if you're married filing jointly. There are exceptions, but that's the general guideline. It's always best to double-check with a CPA or tax advisor before selling, just to be sure how the rules apply to your specific situation.

To potentially avoid paying capital gains tax, you need to have lived in the home for at least 2 of the last 5 years as your primary residence. If you meet that rule, you can exclude up to $250,000 in profit if you're single, or $500,000 if you're married filing jointly. There are exceptions, but that's the general guideline. It's always best to double-check with a CPA or tax advisor before selling, just to be sure how the rules apply to your specific situation.

There are usually a few key reasons: " Price " If it's priced too high, buyers may skip it entirely. " Condition " Outdated features, clutter, or needed repairs can turn buyers off. " Marketing " Poor photos, weak listing descriptions, or limited exposure can hurt visibility. " Market conditions " Slower seasons or rising interest rates can impact buyer demand. It's worth reviewing your listing with a fresh set of eyes to see what adjustments might helpaEUR"small changes can make a big difference.