Selling this year? Start preparing now!

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Thinking of selling sometime this year? Get a jump on the competition and start preparing now. One of the most common situations I come across are sellers that want to put their home on the market, but the property isn’t quite ready to bring top-dollar. Some of the preparations can be done in a weekend, but other projects that can increase your property value or make it more appealing to buyers can take some time. Landscaping doesn’t “green up” in a week and freshly pruned trees and bushes don’t always look great. Also, beginning the preparations early in the year can alleviate a ton of stress. If you are thinking about the possibility of selling this year, give me a call and I can come by and evaluate your home and give you an idea or punch list of things that will help you sell quicker than the competition and command top dollar. In the meantime, here are some ideas of what you can do to get your home ready to show:

 

  1. De-Personalize

When selling a house, you want to make sure that the people looking at it can picture themselves living there. Removing some personal items such as family photos, and removing things from around the house and counter tops like cosmetics, hair products or small appliances can go a long way in helping the buyers visualize the home as a “blank canvas” that they can “paint” with their own furniture and other items that are their taste.

 

  1. De-Clutter

Take the chance to lighten your moving load! Donating items taking up extra space in the closet and getting rid of unnecessary clutter makes your space appear larger and more desirable. Clear off any extra clutter on counters, magnets on fridges and books off of nightstands. You may consider renting a storage unit, and look at it as an opportunity to get a head start on your packing. Most people realize they have much more than they need and having yard sales or making donations early in the year will reduce your stress later and make things easier for you as you really fine-tune your home for sale.

 

  1. Organize

Along the same vein, taking a chance to organize areas like closets and shelves make a huge difference in how your home appears. This can be as simple as taking time to make sure your home entertainment center is free of excess wires, to taking the time to make sure everything has a place in the closet. Containers or baskets make everything look more orderly and will make the move easier. The way your closet looks can tell a potential buyer how you care for and maintain some of the components of the home that aren’t visible on an initial walk-through (items like HVAC system, hot water heater, rain gutters, how appliances run, etc.)

 

  1. Repair

It might not make sense to put too much money into a home you plan on selling, but a few cosmetic tweaks can have a big impact on how it shows and eventual sales price. Are there any unsightly holes or annoying leaky faucets? Some buyers might be put off by simple things, so small things like painting any bright accent walls a nice neutral color or making sure obvious things are in good repair can influence how the listing is viewed. I can tell you which repairs are necessary and which repairs/upgrades will give you a good return on investment.

 

  1. Clean, Clean, Clean

One of the biggest “make or break” moments is when a buyer looks at a home that is clean or not. If a potential purchaser walks into an area and it’s visibly dirty or smells, chances are they aren’t going to be too comfortable taking much of a look around. Making sure carpets are vacuumed, things are dusted and wiped down and there are no unpleasant fragrances is something that absolutely must be done when trying to sell a house. Areas like kitchens and bathrooms should be cleaned frequently when showings are happening. A deep cleaning before your home hits the market is always a good idea. Some buyers will check things like window tracks, blinds and more. It is imperative to have a clean, good-smelling home. If you have pets, additional and frequent cleaning may be needed.

 

  1. Amp Up the Curb-Appeal

Almost all buyers like to take the chance to do a drive-by before they make an appointment to see a house so they can get a feel for the house and the neighborhood. Make sure to keep the lawn mowed, trim up any shrubs and maybe plant a few flowers for some color. The front of your house is the first impression, so make sure it’s a good one!

 

These are just a few ideas to get you started. When I come and view your home, I can give you a detailed list and to-do items in order of importance. You will be surprised how much better your home can sell and how much you may be able to add to your bottom line with some tips from a professional and a little work on your part. Some sellers are worried that their home has to be perfect before I come out for an evaluation. That is NOT the case. I can see through a “lived in” home. I have kids and understand that things can’t always be perfect (I have also ideas that will make your kids want to help in cleaning and keeping the home in showing condition when it’s on the market-ask me about that when I come out). Call me today to get a jump on the competition!

 

Thinking About Buying a Home? Understand The Terms.

Be familiar with the following terms when buying a home:

AMENDMENTS:  A change – either to alter, add to, or correct – part of an agreement without changing the principal idea or essence.

APPRAISAL:  An estimate of value of property resulting from analysis of facts about the property; an opinion of value.

ASSUMPTION:  Taking over another person’s financial obligation; taking title to a parcel of real property with the buyer assuming liability for paying an existing note secured by a deed of trust against the real property.

BENEFICIARY:  The recipients of benefits, often for a deed of trust; usually the lender.

CLOSE OF ESCROW:  Generally the date the documents are recorded and title passes from Seller to Buyer.  On this date, the buyer becomes the legal owner, and title insurance becomes effective.

COMPARABLE SALES:  Sales that have similar characteristics as the subject real property, used for analysis in the appraisal.  Commonly called “comps”.

DEED OF TRUST:  An instrument used in many states in place of a mortgage.

DEED RESTRICTIONS:  Limitations in the deed to a parcel of real property that dictate certain uses that may or may not be made of the real property.

EARNEST MONEY DEPOSIT:  Down payment made by a purchaser of real property as evidence of good faith; a deposit or partial payment.

EASEMENT:  A right, privilege or interest limited to a specific purpose that one party has in the land of another.

HAZARD INSURANCE:  Real estate insurance protecting against fire, some natural causes, vandalism, etc., depending upon the policy.  Buyer often adds liability insurance and extended coverage for personal property.

IMPOUNDS:  A trust type of account established by lenders for the accumulation of borrower’s funds to meet periodic payments of taxes, mortgage insurance premiums and/or future insurance policy premiums, required to protect their security.

LEGAL DESCRIPTION:  A description of land recognized by law, based on government surveys, spelling out the exact boundaries of the entire parcel of land.  It should so thoroughly identify a parcel of land that it cannot be confused with any other.

LIEN:  A form of encumbrance that usually makes a specific parcel of real property the security for the payment of a debt or discharge of an obligation.  For example, judgments, taxes, mortgages, deeds of trust.

MORTGAGE:  The instrument by which real property is pledged as security for repayment of a loan.

PITI:  A payment that combines Principal, Interest, Taxes, and Insurance

POWER OF ATTORNEY:  A written instrument whereby a principal gives authority to an agent.  The agent acting under such a grant is sometimes called an “Attorney-In-Fact”.

PURCHASE AGREEMENT:  The purchase contract between the Buyer and Seller.  It is usually completed by the real estate agent and signed by the Buyer and Seller.

QUITCLAIM DEED:  A deed operating as a release, intending to pass any title, interest, or claim which the grantor may have in the property, but not containing any warranty of a valid interest or title by the grantor.

RECORDING:  Filing documents affecting real property with the County Recorder as a matter of public record.

REALTOR:  A Realtor is a licensed real estate agent and a member of the National Association of Realtors, a real estate trade association.  Realtors also belong to their state and local Association of Realtors.

REAL ESTATE AGENT:  A real estate agent is licensed by the state to represent parties in the transfer of property.  Every Realtor is a real estate agent, but not every real estate agent has the professional designation of a Realtor.

LISTING AGENT:  A key role of the listing agent or broker is to form a legal relationship with the homeowner to sell the property and place the property in the Multiple Listing Service.

BUYER’S AGENT:  A key role of the buyer’s agent or broker is to work with the buyer to locate a suitable property and negotiate a successful home purchase.

MULTIPLE LISTING SERVICE (MLS):  The MLS is a database of properties listed for sale by Realtors who are members of the local Association of Realtors.  Information on an MLS property is available to thousands of Realtors.

TITLE COMPANY:  These are the people who carry out the title search and examination, work with you to eliminate the title exceptions you are not willing to take subject to, and provide the policy of title insurance regarding title to the real property.

ESCROW OFFICER:  An escrow officer leads the facilitation of your escrow, including escrow instructions preparation, document preparation, funds disbursement, and more.

(Source – First American Title Home Buyer’s Guide)

 

 

 

 

 

 

 

Perfect for 1st Time HomeBuyer or Investor In Lincoln, CA!

Spring seems to be here and with the nice weather last week,  there has been quite a lot of real esate activity. Last week we signed listing agreements with 3 couples that have asked us to sell their homes. All three are under $200,000 and in great condition. Here are the details:

2002 Rickenbacker Lane

 

2002 Rickenbacker Lane, Lincoln, CA 95648-Well designed floor plan at Lakeside in Lincoln. You’ll love the open feel of the kitchen and family room areas. Warm, neutral paint colors, tile counter with extended backsplash, built-in microwave, alarm system and much more! Full back yard landscaping with stamped concrete patio, mow curb and auto sprinklers. Located in a nice new, friendly neighborhood and just down the street from a park. Close to schools and community sports fields. Listed at $179,999, all offers will be considered.

 

 

 

222 D Street
222 D Street

222 D Street, Lincoln, CA 95648-A recent remodel on this cute bungalow in downtown Lincoln makes it move-in ready! Hardwood flooring, carpet, custom paint, central heat and air, crown molding, wainscoting, and more. You’ll love the bright and spacious kitchen with oak cabinets, white appliances, tile flooring, gas cooktop and decorative tile countertops. Great location close to McBean Park. This home also has a detached garage with alley access and an inviting front porch. Great price and perfect for the first-time homebuyer. Listed at only $109,999.

 

 

1300 Hudson
1300 Hudson Circle

1300 Hudson Circle, Lincoln, CA 95648-Move in ready! This richly appointed home is located close to schools and parks and has all the right upgrades. Granite counter tops, stainless appliances, gorgeous cherry wood cabinets and so much more. You’ll love the spacious master and functional floorplan. Other features include upstairs laundry and finished garage with epoxy floors. Don’t delay, own a home with a lower monthly payment than rent! Listed at only $149,999

Call or email today if you have any questions about any of these homes. 916 408-2222.


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