Home buyers have many things to consider when considering a home for purchase: Location, price, square feet and condition are among the initial factors.
Beyond those, one area that can either entice a buyer, or be a deal breaker is a Home Owner’s Association, or HOA.
An HOA typically involves a recurring fee that goes to cover maintenance of common areas in the neighborhood.
The CC&R’s in an HOA – or covenants, conditions, and restrictions are designed to help the neighborhood keep it’s uniformity from an architectural design to the maintenance of front yards.
Some buyers don’t like the idea of red tape an HOA may present as it may feel overbearing. But that same red tape may prevent a neighbor from rowdy parties, leaving their trash cans out, or letting their property go to blight.
The bottom line – it comes down to preference.
If you like a property in an HOA – ask your REALTOR what it covers and get a copy of the CC&R’s to dig deeper.
Spring time is here, summer will soon be heating up, graduations are around the corner and so are vacations and lots of outdoor fun.
Is it any surprise that these are the BEST months to put your home on the market?
Just this last week ATTOM data solutions turned in a report from their study of 8 years of property sales all over the country – over TWENTY EIGHT MILLION PROPERTY SALES were studied!
Here’s what they found – the months that buyers have been willing to pay a premium over what the property’s are worth are:
May, June & July
Now this doesn’t mean you can throw your house on the market and expect to get 9-10% over market values.
You still have to have a strategy, great marketing with exposure to the most buyers.
Something I would encourage you to ask your REALTOR a little more about.
Have you ever heard that opposites attract?
It’s often true and might be great in a relationship, but in real estate it can be a challenge!
Sometimes it’s comical.
Sometimes it’s uncomfortable!
One person may love the house while the other hates it.
One may seem like they like it, but later has remorse.
Or worse yet . . . they just argue and fight over not seeing eye to eye on any home they see.
So how do you avoid this?
Here’s the best advice I’ve received and handed out to home buyers over the years:
Each of you make a separate list – of up to 20 things you really want in your new home.
Do the list separately and force yourself to get as many things on the list that you can think of.
Then, compare your lists together & look for 5 or more things that you have in common.
Usually, this creates a healthy foundation for a conversation about deal breakers and areas of compromise among your wants and needs.
With the arrival of the spring cleaning season comes the perfect time to tune up your home for ongoing maintenance, efficiency and to get the best possible price if you plan to sell.
So what are some of the items to attend to?
• Service your heating and air conditioning system
• Check for any roof damage from winter rains and storms
• Fix broken sprinkler valves and tidy up landscaping
• Remove debris from rain gutters
• Repair/replace windows and screens
• Caulk around sinks and in showers
• Power wash vinyl siding
• Consider calling a foundation specialist for cracking or deteriorating floors and walls
And, of course, call your real estate professional who will be happy to provide a list of preferred contractors and vendors to get your home in tip-top shape!
What if I told you that NOW is the perfect time to buy a home . . .and could prove it?
I’d like to give you some real facts behind this busy real estate market.
Check this out –
A year ago the local real estate market was saturated with buyers. Inventory was low & demand was super high so properties received multiple offers and home prices ran up.
Then interest rates rose in the fall, inventory began to creep up, and demand slowed.
As this happened . . .sellers began to reduce their prices to align with the waining demand. Then, in late March 2019, the unthinkable has happened.
Interest rates just dropped. . . more than once.
So . . .here’s the bottom line. This is a perfect scenario:
Inventory is still up – you have choices.
Interest rates are down – you can afford more.
Sellers have reduced their prices. Always good for you!
Are you ready to buy?
If you have a copy of the Dominion summer publication, take a look inside. You’ll notice a very familiar Guarantee face. Kitty Fitch! Congrats Kitty on being featured in the Dominion for your delicious Slow Cooker Pulled Pork recipe. This dish is perfect for the scorching months because you get all of the wonderful flavors of BBQ without heating up your home! How cool is that??? 😎
We are proud to announce the Grand Opening of the Guarantee Selma and Guarantee Reedley branches! Both offices are guaranteed to be the prime spots for real estate services in the South County.
The Sales Associates are most pleased with their large office space and the ability to serve their clients much better with office upgrades.
“With almost 100 years of service and commitment to Central California communities, Guarantee Real Estate is happy to continue serving in Selma and Reedley. We invite you to come by and say “hello”. The agents would love to serve you!” -Andy Nazaroff, President & CEO, Guarantee Real Estate
Guarantee Real Estate is a subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate.
The new California Real Estate laws require Realtors® to add their licensing information to all of their marketing signs for advertising properties. All new signs are in compliance, but what will our Associates do with their older signs?
We realize that the new rule imposed by the California Department of Real Estate came as a surprise to many of of our Sales Associates. To relieve our Realtors® of the stress involved with replacing signage, we decided to remedy the situation with one simple gesture. We purchased “name rider stickers” for every Associate! The new stickers have all of the required information printed on them, and they were issued to each Associate free of charge! This will ensure that every Guarantee Real Estate Realtor® sign is in compliance with the California laws of real estate advertising.
We Think Long Term
Our objective is to never draw attention to all of the “good” that we do for our Associates and clients. That’s not what we represent. We just want you to understand how a relationship with one of the most trusted brands in Central California for almost 100 years is necessary for your success.
We think long term when it comes to our Associates and then we plan ahead to solve the issues that come with the business. It’s just the right thing for a real estate brokerage to do.
If there’s one asset investors watch as closely as the price of the stocks in their portfolio, it’s the value of their home.
The housing market and the stocks of companies that support it have been one of the hottest investment themes since the end of the Great Recession. Which is why the recent “plunge” is worth reviewing…We can agree that the performance of the market suggests that investors should take action.
Let’s consider the facts that add to the concern and then come up with a solution that would greatly benefit YOU the investors.
Here are the Facts
There has been a significant decline in the value of stock for the home manufacturing industries such as Home Depot, Lowes, Whirlpool, Stanley Black & Decker, etc. Additionally, global markets just took a huge hit after the Dow suffered the worst single-day point drop in history, highlighting the return of volatility to markets that had boomed over the previous year.
What Does This Mean for the Investors?
Currently there is a huge shortage in housing inventory and entry level products (lower level homes valued under $200K, investment properties, and starter homes) are in high demand. Therefore the current action of the market would be a great OPPORTUNITY for those who invested in 1-4 units during 2009-2012!
- Consider how low the purchase price of your home was compared to how much the selling price would be NOW.
- Consider the opportunity for you to potentially make DOUBLE the income than what you originally invested 6-9 years ago.
- Consider the opportunity for you to UPGRADE at a much lower price now, than if you were to wait 6 months to a year from now.
The current action of the market says, “your time is now!”
If you agree that now is the time to maximize your investment income, then connect with a Realtor® at the most trusted brand for almost 100 years. Guarantee Real Estate. We care about you and we are committed to helping you achieve the best return for your asset.
Connect with our Real Estate Expert to find your home’s value. Text your address to 559-460-0570.
Consider three reasons WHY winter is the best time to sell your home:
Change is good and the time for an upgrade is NOW! Connect with a Guarantee Realtor® today!