The recent housing slump means that a lot of home sellers are having a hard time trying to sell their home right now. It’s a buyer’s market when it comes to house sales right now, which means home prices are low and there are lots of homes that are currently being sold. Today’s lower prices means that a lot of house sellers aren’t getting as much cash as they’d like out of the sale of their current home and it means they won’t have as much to spend on a new dwelling.

One way to make your home more likely to be sold is to spruce it up with some modern home improvements. In order to sell your home you’re going to have to get inventive and try to set your house apart from the others that are for sale near your own home. As a house seller you are basically competing against the other home sellers in your area for the attention from a small pool of home buyers.

The easiest way to bring a lot of potential buyers into your home is to take out a loan for some minor home improvements knowing that you will most likely make your money back when you actually sell your house. Home improvement loans can range from a few hundred dollars to thousands of dollars, and different loan amounts will give you the ability to perform different types of projects. If you are relatively handy you can use some borrowed money and read up on DIY home improvement projects. Here are a few home improvement ideas in various price ranges:

$2,000 – $6,000: House projects in this range include fixing up interior rooms with new paint, installing new crown molding and maybe even replacing some light fixtures. Projects in this lower price range should be aimed at updating a well-cared for home that doesn’t need much work. Minor home improvement projects in this range can sometimes be financed with home improvement store credit cards or unsecured loans.
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For $9,000 – $11,000: Major home upgrade projects like this could include putting in some new carpet, having a front yard professional landscaped or installing new windows. If you’re going to borrow money for home improvement projects in this range you may want to look at a HELOC. Committing to house upgrades in this range will most certainly get the attention of potential home buyers, especially if the other houses in your area don’t include some of these updates.

It’s important to adjust your house’s selling price to reflect the recent improvements. Your selling price should be moved higher but should most likely not be designed to cover the full cost of your home improvement loan. Most home improvements do not actually pay for themselves when you sell your home. Certain house updates like the ones mentioned above will, however, help sell your home.

If you want to improve your home in order to sell it quickly but don’t have any equity, don’t worry. You can still apply for a home improvement credit card to pay for your home improvements.