Best home improvements if you are going to be selling! (Video)

Written by Posted On Wednesday, 22 January 2014 03:47

An article in The Hallmark Abstract Sentinel yesterday, ‘Tips for negotiating the purchase your first new home!‘, presented some tactics for first-time home buyers to use when trying to negotiate the best price with the selling home owners!

But what about some strategies that the current homeowner can use to maximize the value of their house whether they are selling next month or next year.

Very often a discussion about home improvement or renovation will center around the subject of whether the amount of money a homeowner plans on spending to fix-up their house will be recouped or possibly even exceeded when it is time to sell.

For example, in a dark home with few windows and small rooms that create a closed in sensation, a renovation will increase its value and desirability if more windows are added to bring in light and walls come down or ceilings are vaulted in order to create a more open feel. A homeowner would also want to try and make improvements that provide ‘curb appeal’ for the home so that prospective buyers are wowed when they drive up.

On-the-other-hand,  if a homeowner ‘overbuilds’ the home by making improvements that would price the home well above anything else in the general market area, those are renovation costs that will likely never be recouped. For instance if the neighbors have basic kitchens and master bedrooms with simple bathrooms and a homeowner goes overboard with marble countertops, Sub-Zero refrigerators and steam showers, that money will likely never be gotten back.

From Good Housekeeping this video summarizes what to think about if you are doing work in anticipation of selling your home.

If you have questions about any aspect of title insurance in New York please contact us!
Also remember that you have the right to choose your title insurance provider and that non-title insurance fees in a real estate purchase or refinance can vary substantially from firm to firm! 
If you would like to have Hallmark Abstract Service provide you with a sample title bill for an upcoming transaction (we charge our cost for the non-title insurance premium fees) please give us a call at 516.741.4723 or send us an email at This email address is being protected from spambots. You need JavaScript enabled to view it..


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Michael Haltman

Hallmark Abstract Service provides title insurance for both residential and commercial real estate transactions in New York State.

Hallmark Abstract President Michael Haltman is also extremely involved with the combat veterans 501(c)(3) Heroes To Heroes Foundation, serving as the Board Chair.

Hallmark Abstract Service

In 2008 we opened our doors focused on two primary goals:

Number one was to be a title insurance company that would provide clients with a superior finished product that completely protects their interests for what will likely be one of the largest transactions of their lifetime.

Number two was to insure that the experience of working with Hallmark Abstract Service was as easy and seamless as possible for all parties involved in the transaction!

From the number of satisfied clients who come back to Hallmark Abstract Service time after time for their title insurance needs, the evidence bears out that we have accomplished these two goals in the past and will maintain our client centric focus far into the future!

Michael Haltman

Post 1984 MBA in Finance from the State University of New York at Albany that concentrated on the tax-exempt market, Michael became a municipal bond analyst at Shearson/Lehman Brothers tasked with following general obligation issuers on the city and state level as well as housing bonds secured by mortgage pools.

This experience at Shearson/Lehman Brothers followed by stints at PaineWebber and Citigroup provided a broad framework and understanding of the real estate and mortgage markets.

As CEO of Exeter Commercial which underwrote and funded commercial mortgage loans as a correspondent lender, title insurance played a critical role in both the underwriting and closing process.

In 2008 recognizing both an opportunity and need, Hallmark Abstract Service was born.

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