Berkshire Hathaway HomeServices - 356 Redondo Avenue, Long Beach, CA 90814 - License #01814652 - Contact me with all your REAL ESTATE needs (562) 507-0754 or RealEstatewithRuben@gmail.com
Shopping for Your Home
Showing posts with label homebuyers. Show all posts
Showing posts with label homebuyers. Show all posts
Thursday, January 24, 2013
Rental Increases Should Prompt More Home Buying Moves
Wednesday, January 23, 2013
Home Sellers: Check your Home for Storm Damage
By Ruben Gonzalez Jr.
Prudential California Realty (DBA)
It’s been another
crazy year of weather with many big rain and wind storms damaging houses
throughout the country. With fall upon us and winter around the corner, home
sellers should take a close look at their property for storm damage and make
repairs.
If you experienced
a powerful storm, it’s a smart idea to check your roof for any damage and
ensure there are no missing shingles or cracks around any skylights the home
may have. Climb into your attic and look for discoloration of the decking or
plywood surfaces.
Also look for light
penetrating from around plumbing vents or the chimney, indicating that your
roof’s flashing needs repair.
Next, inspect your
rain gutters for damage and clear them of leaves and debris. Look for holes,
cracks or sags; all three can be easily fixed by a homeowner. (To fix a small
hole, first use an abrasive pad to clean the area, then cut a piece of gutter
material slightly larger than the hole. Using a stiff brush, spread gutter-repair
compound around the hole and place your patch over the top. Cover the patch
with another layer of compound to ensure a good seal. To repair minor sags,
simply add a new hanging bracket to the sagging area or replace the compromised
existing bracket.)
Pay particular
attention to areas of your home near trees and shrubs. Limbs can play havoc
with your roof, siding and stucco in heavy winds, and can come crashing down
under the weight of snow. Prune your trees and shrubs to ensure their health
and to safeguard your home.
Finally, be sure
to inspect your windows, fencing, decking, which also take a beating in storms.
Seal and repair any damage.
Sometimes storm
damage is unavoidable. But making quick repairs can help ensure your home is
safe, sound and ready for sale.
Ruben Gonzalez can be reached at (562) 507-0754 or Email me.
Prudential (dba) is an independently owned and operated broker
member of BRER Affiliates LLC. Prudential, the Prudential logo and the Rock symbol are
registered service marks of Prudential Financial, Inc. and its related
entities, registered in many jurisdictions worldwide. Used under license with
no other affiliation with Prudential. Equal Housing Opportunity.
Monday, January 21, 2013
What Are The Financial Implications of Transferring Home Ownership?
Saturday, January 19, 2013
Earnest Money Deposit
By Ruben Gonzalez Jr.
Prudential California Realty (DBA)
Most homebuyers today
understand they need a sizeable down payment and a strong credit score to
secure a conforming home loan. Buyers also must hold liquid funds for another financial
obligation – an earnest money deposit – to be paid when they make an offer on a
home.
In short, earnest
money is handed over to the seller’s agent or the title company when a purchase
contract is signed. This demonstrates that the buyer is serious about the transaction
and is backing it up with cash.
Without earnest
money, buyers could simply make offers on many homes, essentially taking them
off the market until they choose a favorite. Sellers rarely will accept offers
without such deposits.
There is no set
amount for an earnest money deposit so it can be up for negotiation. If the
home is popular with multiple bidders, the seller may ask for up to 3% of the
asking price as earnest money. Ideally, the amount is enough to impress the
sellers, particularly when they’re entertaining several offers.
Assuming the
transaction results in an accepted offer, earnest money goes toward the buyer’s
down payment and closing costs. If the transaction falls through, the buyer may
have to forfeit a nominal cancellation fee or more.
Be sure the purchase
agreement outlines the refund process. Remember, a buyer can lose earnest money
through default, which happens when he or she does not perform according to the
terms stipulated in a purchase and sale agreement.
Work carefully
with your Prudential Real Estate agent to ensure a clear understanding of all
terms and obligations.
Ruben Gonzalez can be reached at (562) 507-0754 or Email me.
Prudential (dba) is an
independently owned and operated broker member of BRER Affiliates LLC. Prudential, the
Prudential logo and the Rock symbol are registered service marks of Prudential
Financial, Inc. and its related entities, registered in many jurisdictions
worldwide. Used under license with no other affiliation with Prudential. Equal
Housing Opportunity.
Tuesday, January 8, 2013
Realty Times - Parking Spaces May be Important In a Transaction
Friday, December 28, 2012
Realty Times - Homebuyers: 'Darn it, if Congress Torpedoes The Economy, The Housing Recovery is on Full Speed Ahead'
Thursday, December 20, 2012
Setting the Stage for a Home Sale
By Ruben Gonzalez Jr.
Prudential California Realty (DBA)
“You
never get a second chance to make a great first impression.”
This
saying strikes a chord in the real estate industry, where many buyers are quick
to jump to a conclusion about a potential home after just one glance. That’s
why an increasing number of homeowners are employing professional home stagers
to prepare their homes for sale.
“Much
of what staging accomplishes happens on a subconscious level,” said Carla Grammatica, a consultant
with Stage Setters in New York ’s Westchester County . “You are trying to create
a positive association between your house and the prospective buyer. Anyone can
change a paint color after they move in, but first impressions are difficult to
undo.”
With 91% of
buyers searching first on the Internet for homes, MLS photos and virtual tours
are extremely important in the selection process. Staging, as a priority
instead of as a last resort, will give sellers key advantages.
Stagers
help eliminate clutter, give advice on adding colors, help in rearranging
furniture and bring in various items to help spruce up a home.
“One
of the most important things is getting rid of things that look messy,” Grammatica said. “Life
can get messy, especially with kids and storage issues, but you have to pretend
that’s not how you live. You have to pretend your house is [always] neat and
well maintained.”
That
means picking up shoes from the hallway, removing papers from tables and
furniture and even taking down personal items—such as diplomas, pictures and
trophies.
—that clutter the walls.
Professional
stagers take into account buyer demographics and buying psychology, and they
use design elements in planning out the rooms, space and lighting. “Some
people think that staging is simply cleaning and packing up some of your
things, but it is so much more than that,” said Linda Barnett, a certified
staging professional with Indianapolis–based Home Matters. “Understanding
traffic patterns and highlighting the positive attributes of a home while
downplaying its negative features, all go into play.”
One
tip homeowners can do to stage their home themselves is to pack away unneeded
items—such as seasonal clothes and old books—and put them in storage.
It’s
also important not to overwhelm potential buyers with wild colors and
furniture, even if you think it makes your home “special.”
Remember,
making your home look like a model rather than lived-in can make all the
difference in selling a home.
Ruben Gonzalez can be reached at (562) 507-0754 or Email me.
Prudential (dba) is an independently owned and operated member
of Prudential Real Estate Affiliates, Inc., a Prudential company. Equal Housing
Opportunity .
Tuesday, December 11, 2012
Setting the Stage for a Home Sale
By: Ruben Gonzalez Jr.
Prudential California Realty (DBA)
“You never get a second chance to make
a great first impression.”
This
saying strikes a chord in the real estate industry, where many buyers are quick
to jump to a conclusion about a potential home after just one glance. That’s
why an increasing number of homeowners are employing professional home stagers
to prepare their homes for sale.
“Much
of what staging accomplishes happens on a subconscious level,” said Carla Grammatica, a consultant
with Stage Setters in New York ’s Westchester County . “You are trying to create
a positive association between your house and the prospective buyer. Anyone can
change a paint color after they move in, but first impressions are difficult to
undo.”
With 91% of
buyers searching first on the Internet for homes, MLS photos and virtual tours
are extremely important in the selection process. Staging, as a priority
instead of as a last resort, will give sellers key advantages.
Stagers
help eliminate clutter, give advice on adding colors, help in rearranging
furniture and bring in various items to help spruce up a home.
“One
of the most important things is getting rid of things that look messy,” Grammatica said. “Life
can get messy, especially with kids and storage issues, but you have to pretend
that’s not how you live. You have to pretend your house is [always] neat and
well maintained.”
That
means picking up shoes from the hallway, removing papers from tables and
furniture and even taking down personal items—such as diplomas, pictures and
trophies.
—that clutter the walls.
Professional
stagers take into account buyer demographics and buying psychology, and they
use design elements in planning out the rooms, space and lighting. “Some
people think that staging is simply cleaning and packing up some of your
things, but it is so much more than that,” said Linda Barnett, a certified
staging professional with Indianapolis–based Home Matters. “Understanding
traffic patterns and highlighting the positive attributes of a home while
downplaying its negative features, all go into play.”
One
tip homeowners can do to stage their home themselves is to pack away unneeded
items—such as seasonal clothes and old books—and put them in storage.
It’s
also important not to overwhelm potential buyers with wild colors and
furniture, even if you think it makes your home “special.”
Remember,
making your home look like a model rather than lived-in can make all the
difference in selling a home.
Ruben Gonzalez can be reached at (562) 507-0754 or E-mail me.
Prudential (dba) is an independently owned and operated member of Prudential Real Estate Affiliates, Inc., a Prudential company. Equal HousingOpportunity .
Prudential (dba) is an independently owned and operated member of Prudential Real Estate Affiliates, Inc., a Prudential company. Equal Housing
Wednesday, December 5, 2012
Don’t Curb Homebuyers’ Enthusiasm with a Shabby Exterior
By Ruben Gonzalez Jr.
Prudential California Realty (DBA)
Home
sellers spend so much time preparing their interior for the sale that they can
easily overlook what’s going on outside of the home. Yet great curb appeal can increase the value of a property by as much
as 15-20%.
Mario
Garcia, a landscaper in Bethesda, Md. who helps prepare homes for market, says
a well-manicured lawn is a magnet for buyers. On the other hand, overgrown
trees or large bushes hiding the house are a no-no.
“Buyers
associate the condition of the exterior and landscape with the condition of the
interior,” Garcia explained. “Curb appeal must invite buyers to
view the rest of the property.”
Landscaping
fixes include adding flowers or sprucing up the property with decorative
grasses or Japanese maples. Accent the trees with rocks or boulders for a bold
statement. Consider adding a modest fountain to the yard or garden.
In
addition, rake leaves, wash windows and skylights, clean gutters and trim
shrubs. Add low voltage lighting to highlight the yard, trees and the home’s
exterior.
And
you needn’t spend a ton of money to make a difference. “Do something as simple
as putting up a new mailbox and address decals on your home,” said Anne
West, owner of Wilmette, Ill.-based Redesign Doctor. “Also, adding a new
welcome mat with a grouping of potted plants by the front door makes things
more inviting.”
Ruben Gonzalez can be reached at (562) 507-0754 or Email me.
Prudential (dba) is an independently owned and operated member of
Prudential Real Estate Affiliates, Inc., a Prudential company. Equal Housing
Opportunity.
Thursday, November 29, 2012
Value of Takeaways
By Ruben Gonzalez Jr.
Prudential California Realty (DBA)
A
time-honored business principal maintains that consumers generally base their
buying decisions on emotion. Only later do they use logic, often to rationalize
their emotional decisions.
Homesellers,
working closely with their agents, will prepare their homes to evoke positive
and personal emotions for those who come inside. They should also create “takeaways”
that will keep those fond memories resonating in prospective buyers.
“One
effective takeaway is a personal letter from you describing your experience of
falling in love with the home when you were the buyer,” said Kay Steele Faulk,
a Lake Village, Ark. freelance writer.
The
letter, presented on brightly colored stationery, can describe the fun of
meeting your new neighbors and the warm friendships you’ve established in the
neighborhood. It can also recall joyous holidays around the home, show pictures
of your home during special times and list neighborhood activities scheduled
throughout the year.
“You
should recall a memorable moment of coming home, such as after the birth of a
child or after a long vacation, because these are all things buyers can relate
to emotionally, they will serve to reinforce the positive feelings buyers
experienced at your home,” Faulk said. “And to satisfy buyers’ logic—which they
will use to justify their emotional connection to your home—also describe the
loving care you’ve given the home while there.”
Once
all the words are in play to touch upon the emotions, then it’s time to write
about things that will relate to buyers’ practical sides.
Russell
Goldstein, a New Jersey-based writer who often helps homebuyers prepare
personal letters, stresses that this is the perfect way to say all the little
things you can’t always place in advertisements and fliers.
“You
can list your routine maintenance tasks plus any remodeling, updates or
upgrades you’ve done in the years you have lived there,” he said. “Include
anything that gives buyers a sense of confidence in your home’s current
condition, and be sure to mention any special features you paid high dollar
for, such as thicker exterior walls, which have better insulation values. These
are your home’s key marketing details that make it a better buy than the
competition down the street.”
A
second effective takeaway is a home brochure created around high-quality color
photographs of your home’s interior and exterior. “Use photos that highlight
your home’s most appealing features,” Faulk said. “Just be sure each photo has
a caption or short description that helps buyers remember. Even with a
brochure, you still need that all-important section meant to satisfy buyers’
logic. This can simply be a descriptive sentence followed by a list of your
home’s key marketing details and the T.L.C. you’ve given [the home] as owner.
To make for easy reading, use bullet points to highlight each item of your
list.”
If
you’re good at writing warm personal letters or if you have the ability to
create a professional-looking brochure, it’s quite acceptable to save money by
doing it yourself. If not, turn to a professional copywriter to create a
compelling takeaway that ensures a lasting emotional connection with buyers.
Ruben Gonzalez can be reached at (562) 507-0754 or E-mail me.
Prudential (dba) is an independently owned and operated member of Prudential
Real Estate Affiliates, Inc., a Prudential company. Equal Housing Opportunity.
Wednesday, November 14, 2012
Green Tips for Your Home
By Ruben Gonzalez Jr.
Prudential California Realty (DBA)
When
it comes to preparing your home for sale in an environmentally friendly way,
Kermit the Frog had it wrong. It is easy
being green.
With
so many homebuyers seeking green features in the homes they consider, sellers
should create an eco-friendly atmosphere for the buyer, and that doesn’t always
mean costly fixes.
It’s
always nice for a homebuyer who’s been touring houses all day to find water or
a snack waiting for them in your kitchen. Instead of leaving the customary
bottled water, go the eco-friendly route and have a pitcher of filtered tap
water at the ready. Add some organic fruits and vegetables and keep trash
minimized. Also, use glassware and plates instead of plastic cups and paper
plates. This practice is not only green, it shows class.
Talk
with your agent about using recycled paper for all your brochures and
advertisements around the neighborhood. Someone who is environmentally
conscious will appreciate the effort.
Another
way to act “green” is during your de-cluttering stage, when you remove
furniture and other items from your home prior to the home’s listing. Instead
of simply throwing out all those things you no longer want or need, you can
recycle, resell at a garage sale, donate to a charity, or give away the items
at the popular website Freecycle.com.
Big
fixes around the home can go a long way, too. In this age of global warming and
high-energy costs, more buyers are looking for houses that embrace energy conservation.
The simplest upgrade is to replace all the light bulbs in the home with CFLs
(compact fluorescents), which use a quarter of the electricity as regular bulbs.
To
help with heating, make sure cracks are tightly caulked and leaks are sealed. Doing
so can reduce your annual heating bill by $100, according to Department of
Energy figures.
Justin
Barnes, a policy analyst for the Database of State Incentives for Renewables
& Efficiency, funded by the U.S. Department of Energy, said some of the
easiest green fixes deal with appliance replacement. Most of today’s appliances
are highly efficient and will reduce your energy bills. They’re also more
attractive than their worn-out predecessors.
Barnes
also suggests replacing doors and windows if the budget allows, and looking for
better ways to insulate the home.
Also
consider tankless water heaters, which are energy efficient and ultimately use
less water during the heating process.
Don’t be afraid to
boast about your green home and any recent enhancements. Working with your
agent to highlight your eco-friendly features may just be what makes the
difference in completing the sale.
Ruben Gonzalez can be reached at (562) 507-0754 or E-mail me.
Prudential (dba) is an independently owned and operated member
of Prudential Real Estate Affiliates, Inc., a Prudential company. Equal Housing
Opportunity.
Friday, November 2, 2012
Thursday, November 1, 2012
Mortgage Points: To Pay or Not to Pay
By Ruben Gonzalez Jr.
Prudential California Realty (DBA)
If
William Shakespeare financed a home today he’d probably ask on the subject of
mortgage points: “To pay or not to pay? That is the question.”
Homebuyers
direct the same question to their real estate agents. Here are some
perspectives:
In
its simplest definition, a point is an additional loan fee that is paid to the
lender in exchange for a lower interest rate. It’s called “buying down,” and it
allows you to reduce your rate for the life of the loan.
Let’s
say you secured a mortgage loan for $500,000 without points, at 4.6% on a
30-year mortgage, your payment would be approximately $2,560 a month. If you
paid two points ($10,000), the interest rate in this example would go down to 4.1%
and the monthly payment would decrease to around $2,415, a savings of $145 a
month.
In
this scenario, it would take you about eight years to recoup the money you paid
up front, so if you are planning on staying in your home a while, this will
save you money in the long-run.
Home buyers must
answer some key questions to determine if paying points is a wise decision.
Specifically:
·
How long will you keep the home?
·
Do you have extra money to pay points?
·
Could that money be better used for something
else?
Money managers may
suggest that a smarter option is to invest that $10,000 because you could do
much better than your $140 savings, but you have to weigh the variables.
“Paying
points depends on your career, your interests and all the things that predict
your future,” said financial advisor Thomas Watkins of Total Mortgage Services
in Milford, Conn. “Points are paid up front while your savings will be spread
out into the future. Therefore, you get more benefit if you own your home
longer, or if you don’t refinance for a long time.”
The
rule of thumb when it comes to points is simple: If you plan to stay in the
house for less than three years, do not pay points. If you plan to stay in the
house for more than five years, pay 1 to 2 points. If you’ll be in the house
for three to five years, paying points doesn’t make a significant difference.
Another
important aspect to consider: Since points are interest-payment related, they
are fully deductible on your taxes in the year that you close. See your tax
advisor for details.
Mortgage
points can add up to valuable savings over the course of your loan, but the future
isn’t always predictable. Even if you “plan” on staying in your home for
20 years, changes in your career or
family life could alter the plan.
Ruben Gonzalez can be reached at (562) 507-0754 or E-mail
Prudential (dba) is an independently owned and operated member of
Prudential Real Estate Affiliates, Inc., a Prudential company. Equal Housing
Opportunity.
Saturday, October 13, 2012
Home Sellers: Five Tips to Make Your Bathroom Stand Out
By Ruben Gonzalez Jr
Prudential California Realty (DBA)
Every
homebuyer has a vision of their perfect house and the rooms that are most
important to them. Because of their relatively small size in comparison to the
rest of a home, bathrooms are often overlooked in the staging process, but for
many, it could be the most important room in a buying decision.
A
bathroom is more than just a place for grooming; it’s a sanctuary. It’s a place
one can relax in a hot bath and escape the stresses of daily life for a few
moments at a time.
Updating
a tired-looking bathroom is one of the best things you can do to increase a
home’s resale value and the fixes are not too costly or labor intensive.
Easy
fixes include adding new, luxurious-looking towels, replacing the shower
curtain and adding candles around a bathtub. However, with a little more money
and effort, your bathroom can become a talking point of the house.
Here
is a look at five great ways to upgrade a bathroom.
1.
Beautify: By adding decorative
glass, stone tile or accents to the bathroom, it will stand out among the other
houses in the neighborhood that are for sale. Extra-wide wall tiles are popular
these days and wood cabinets can be beautifully embellished with intricately
carved wooden inlays.
2.
Lighting: Add more lighting options
around the room, especially around the vanity to reduce shadows and glaring.
This is something that isn’t too expensive and can really highlight the
positive features of a bathroom. Mood lighting around the tub area is also
increasing in popularity.
3.
Bath/Shower: It’s not too often you
hear someone complaining about a bathtub being too large, and that’s because
there’s nothing better than coming home from a hard day’s work and relaxing in
a big soothing tub. By putting in a new tub and creating more of a spa-like
atmosphere, you will have buyers imagining themselves washing their cares away.
Adding a massage element to the showerhead or one that replicates rain showers
is also something that will appeal to buyers.
4.
Update Fixtures: Not as costly as
some of the other tips, changing out the fixtures in a bathroom can add a great
deal. From cabinet handles to faucets, the addition of brushed nickel or other
metals that are polished and elegant are always a huge hit. And if space
permits, add a second sink.
5.
Think Green: The bathroom is a prime
place to start putting those environmentally friendly devices to work.
Installing fixtures that save water, such as a low-flow showerhead, a low-flow
faucet aerator, and a dual-flush toilet, can save thousands of gallons of water
each year. Adding energy-efficient windows is another easy option, since the
size of bathroom windows are relatively small. Another fix that is both
decorative and energy efficient is the addition of natural stone flooring,
which helps the bathroom stay cool during the summer, and warmer during the
winter.
When
buyers walk into a renovated bathroom that exudes quality and offers an
intimate, contemporary feel, it’s one of the top things that people will
remember about a home.
Ruben Gonzalez can be reached at (562) 507-0754 or E-mail.
Prudential (dba) is an independently owned and operated member
of The Prudential Real Estate Affiliates, Inc., a Prudential company. Equal
Housing Opportunity .
Friday, October 12, 2012
Wednesday, October 10, 2012
Floor the Competition
By Ruben Gonzalez Jr
Prudential California Realty (DBA)
When people enter
your home they usually look down before up, so that first step is vital for
attracting a homebuyer and making a great first impression. This is one reason
why more people are installing hardwood floors in their homes.
Hardwood
flooring enhances the look of any room and can create a classic ambiance that
will beautify the interior design of your home. Residential real estate agents
agree that homes with wood floors hold their value better, sell faster and
fetch higher prices.
Last
year, 99 percent of real estate agents responding to a national survey conducted
by the National Wood Flooring Association agreed that homes with hardwood
floors are easier to sell. The survey also found that 82 percent believe that
homes with hardwood floors sell faster and 90 percent said they would sell for
more money.
The
American Hardwood Information Center adds that restoring hardwood flooring in
the home is one of the best long-term investments to be made.
“Hardwood
floors are environmentally friendly, forever fashionable, and will last for
generations,” said Pembroke Jacobs, president of the Hardwood Manufacturers
Association. “Plus, with an expected life span of up to 100 years for certain
premium hardwood flooring, you can be assured that that the hardwood really is
a one-time investment with a very long-term payoff.”
Real
estate agents also agree that carpeting does not impress potential buyers, but
hardwood floors are always a draw. Engineered wood floors impart warmth, depth
and richness to a home’s decor that cannot be matched by carpeting, tile or
vinyl flooring.
Despite the existence of modern architectural trends in flooring, hardwood can still compete with floor tiles and other artificial materials. It comes in a variety of colors and grains; light, medium, or dark shades; and a variety of sizes, styles, finishes and species.
Despite the existence of modern architectural trends in flooring, hardwood can still compete with floor tiles and other artificial materials. It comes in a variety of colors and grains; light, medium, or dark shades; and a variety of sizes, styles, finishes and species.
Maple,
mahogany and oak are the most popular woods, but some homeowners are investing
in exotics such as Brazilian cherry and purpleheart.
The
Environmental Protection Agency has said that indoor air quality is one of the
top health threats and wood floors can help contribute to a healthy living
environment. In fact, a recent EPA study found that pesticides used in gardens
and homes accumulate on floors and other surfaces in the home, but that wood
floors greatly reduce the accumulation of such toxins. Hardwood floors also do
not trap or harbor dust mites or molds.
Though
wood floors will probably need to be refinished at some point, when properly
taken care of they are much easier to maintain than other floor surfaces.
The
NWFA recommends regular sweeping of hardwood floors with a soft-bristle broom
or dust mop to remove surface dirt and debris. If your floor contains beveled
edges, it recommends using a vacuum with a soft bristle brush attachment to
remove dirt and debris from between the floorboards.
Having
hardwood floors could be the difference between selling your home or watching a
potential buyer walk out the door on a less-appealing type of flooring.
Ruben Gonzalez can be reached at (562) 507-0754 or E-mail.
Prudential (dba) is an independently owned and operated member
of Prudential Real Estate Affiliates, Inc., a Prudential company. Equal Housing
Opportunity.
Wednesday, September 26, 2012
Make One Final Inspection
By Ruben Gonzalez Jr
Prudential California Realty (DBA)
In the
sales contract, the sellers of your new home agreed to leave the custom blinds,
refrigerator, built-in entertainment system and those fine cabinets and
workbench in the garage. But when you show up on moving day, all of those amenities
are long gone. Moreover, the lock on the back door is broken; there is a huge gouge
in the drywall near the front bathroom.
Although
these circumstances are extreme, they could happen, which is why it is
important to have a final inspection of the home you are purchasing before the
closing. A pre-closing inspection gives you, one last opportunity to verify
that you are getting all that was promised in the sales contract. Although
buyers still have legal recourse if they discover—even after closing—that the
condition of the home is not as it should be. Of course, the best time to
identify problems is before closing when the seller will be motivated to
correct any deficiencies to close the transaction.
Typically,
a buyer takes possession of a property one to three months after signing the
sales agreement. And a lot can happen before the actual move-in. Appliances and
fixtures can break, and walls, carpets and doors can be damaged during the
seller’s final weeks in the house, particularly during move-out. Sometimes the
seller will simply have forgotten that he or she has agreed to leave the
refrigerator or window coverings with the house. Whatever the reason, problems
identified before the closing have the best chance of being remedied.
If
possible, schedule the inspection right before the closing, such as the day
before. Ask your real estate professional to attend the inspection with you. Here’s
what to do:
Using a copy of the sales contract as a
checklist, first make sure that all items that should be in place (appliances,
built-in furniture, window coverings, fixtures, etc.) are there.
Test each
appliance to make sure they work properly. Bring along an electrical clock or
radio to test each electrical outlet. Test all electrical switches and the
garage door opener. Run the garbage disposal and turn on every water faucet,
checking under the sinks for leaks. Flush the toilets. Inspect the floors,
carpets, walls and doors for recent damage.
If you
discover that something is damaged or missing, make a note of it and inform
your real estate professional immediately. In most cases, the seller is usually
able to take care of small problems immediately, either by making a needed
repair or offering compensation to handle it. And, if there are major problems,
the seller can even sign a statement acknowledging the deficiency and agree to
correct it. Although pre-closing inspections take time and may be inconvenient,
they are important and well worth the buyer’s time.
Ruben Gonzalez can be
reached at (562) 507-0754 or E-mail.
Prudential (dba) is an independently owned and
operated member of Prudential Real Estate Affiliates, Inc., a Prudential
Financial company. Equal Housing Opportunity .
Saturday, September 22, 2012
Home Sellers: What About Your Pets?
By Ruben Gonzalez Jr
Prudential California Realty (DBA)
Home sellers are
advised to create the illusion that everything is new and fresh in
their homes, but when pets are involved, it’s not always easy to
keep things clean and orderly.
The simplest
solution for a pet owner who is selling a home is to relocate the pet
to a friend’s or family member’s home or to pet daycare while the
home is on the market. Keeping a pet in the backyard, the garage or
in another room that you keep locked is insufficient, and is
certainly not fair to the pet.
When a pet is in a
home that buyers are coming to view, it could often scare away the
people from even stepping foot into the house. Many people are
worried about dogs or freaked out by birds, and then allergies can
also come into play if cats or other animals are inside.
Owners may think of
their pets as the gentlest creatures, but when strangers come into
the home to look around, who knows what the animals are thinking? A
dog that barks or jumps on people is never a good thing.
If pets are left in
the home, make sure to put them in a carrier and attach a note
warning buyers not to disturb them. The last thing you want is
somebody sticking their hand inside and getting bit or scratched.
Removing signs that
you have a pet is simply smart practice. Make sure you clean the
litter box daily and keep them out of sight. Also, keep all food and
water dishes somewhere out of the way, or put them away after the pet
eats.
Considering hiring
professionals to remove all pet stains on the carpet as buyers will
spot them and form unfavorable opinions about the rest of the home.
Finally, although a
sleeping cat on the bed may make for a cute picture, someone seeing
the shot on a website looking for a home may automatically bypass the
house because they immediately picture cat smells and claw marks on
the rug.
Pet owners must
understand that not everyone loves animals as much as they do and
that to many, pets are considered smelly, noisy and damaging to a
property. Don’t let a pet be the reason you don’t sell your home.
Ruben Gonzalez can be reached at (562) 507-0754 or E-mail.
Prudential (dba) is an
independently owned and operated member of The Prudential Real Estate
Affiliates, Inc., a Prudential company. Equal Housing Opportunity.
Friday, August 31, 2012
Thursday, August 30, 2012
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