What happens when you're sitting on substantial home equity but don't have the cash available to prepare your house for the market?

In this episode of Market Ready, Lance Pendleton talks with Seattle-area real estate professional Hao Dang about a homeowner who had lived in his property for 25 years without making significant updates. Worn carpet, failing appliances, damaged windows, overgrown landscaping, deteriorating exterior paint, and years of deferred maintenance left the home potentially worth around $1.3 million if sold as-is.

The problem? The seller was equity rich but cash poor.

Hao explains how they used a home-preparation financing program to help fund improvements, including interior and exterior paint, a new deck, flooring, appliances, windows, landscaping, and inspection-related repairs. The transformed property ultimately listed for $1.6 million and sold for $1.66 million within days; even with snow arriving during launch weekend.

It's a powerful case study in why sellers should understand the potential return on preparing a home before automatically choosing to sell as-is.

Connect with Hao on Facebook - Instagram - YouTube - LinkedIn and online at haodangteam.com.

This episode is sponsored by Notable, the smarter way to sell your home. Learn more at https://notablehome.com.