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Posts Tagged ‘davis ca homes sold’

Top_Reasons_to_Buy_a_Home_at_the_Start_of_the_YearPreparing your home for sale is similar to that first date in high school, first impressions mean a lot. Just as that first date will determine the chances of a second date, the appeal of your home will determine the likelihood of a second look from buyers. Even though the market is steering back in favor of the seller, you should still use that first date theory. Todays buyers are no different from past buyers, the better located homes are still in high demand.

The limited supply has given many sellers a false sense of security. Not every home on the market is selling with multiple offers. There are still time-tested requirements that are necessary.

Curb Appeal: It’s amazing what a fresh coat of paint, a luscious green lawn and colorful plants will do for curb appeal. For the money strapped owner, it doesn’t take much money to throw down some fertilizer and plants yourself. A high pressure wash on the exterior of your home would at least wash away the layer of dirt that’s accumulated.  The little amount of time required is well worth it.

Remove Clutter Inside: We are all susceptible to being a pack rat. Buyers want to visualize themselves in your home, removing clutter will enhance that possibility. Remove family portraits and as many framed pictures as possible. This tactic ensures the buyer spends more time viewing the home and less time looking at pictures. For those owners with lots of stuff, renting a storage facility is strongly advised. Having a home professionally cleaned is an extra bonus.

Home Improvements: A homes condition is a close second to location in the food chain of importance for home buyers. Adding new kitchen appliances and replacing cabinets and counters can give a kitchen that new home look. Pulling up the carpet and laying down laminate or hardwood floors improves the homes inside appeal and increases the value. Instead of a complete overhaul in the bathroom, replace the toilet, sink and flooring can do wonders and not cost a fortune.

Price It To Sell It: Every property is sellable at the right price. Regardless of the condition or location, there’s a buyer out there, as long as the price is right. The price should be based on the most recent comparable sales in the neighborhood. Even though prices are on the rise, buyers are very much aware of market values. Please visit my website www.JohnnyBrooksHomes.com for helpful tips on buying or selling a home, scan my informative blogs and easy access to view local area homes for sale in Davis, California and the surrounding communities.

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There are many important components for any prospect searching for a home. One thing that most buyers are looking for is space. They want to know they’re going to have room for everything (and everyone) and they’re not going to grow out of their house too quickly. So here are some ways to make your house seem bigger than it really is. Get rid of clutter This is probably the most important secret to increasing the illusion of space. Remove items you don’t need from surfaces, particularly in the kitchen.

Keep shelves tidy and not stuffed with books and ornaments. Paint the walls Use white or neutral colors to make rooms appear light and spacious. Use tones of a neutral color such as brown or gray to avoid visual clutter and make your décor feel more harmonious. Consider off-site storage If you’re running out of room for your possessions, move some of them into a storage unit while your house is on the market.

Alternatively, have a yard sale to get rid of unwanted items — or donate them to charity. Otherwise, your house might look as if it’s not spacious enough for a family. Remove some furniture Potential buyers need to be able to walk around your house without bumping into chairs and tables. Put some furniture into storage until you move. Leave a path through your rooms that buyers can walk through.

Organize closets Make sure you’ve tidied your closets. Invest in an organizing system, if necessary. Remove clothing that you’re not likely to wear from your closets. Clean up the garage People want to know they can fit a car (or two) in the garage and still have room for storing their possessions. So clear out your garage and neatly organize everything that must stay in there. Mirrors and drapes Place mirrors in strategic places and remove fussy window treatments to enhance the illusion of space.

It’s important to view your home as if you are the buyer. Have family or trusted friends give a critical and honest assessment of your homes appearance. If all else fails, you can always hire a professional stager that can organize and stage the property prior to marketing. Staging has been proven over time to garner a higher price than homes that choose not to stage. Please visit my website www.JohnnyBrooksHomes.com for helpful tips on buying or selling a home, scan my informative blogs and easy access to view local area homes for sale in Davis, California and the surrounding communities.

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The word duped is probably not the most appropriate word, maybe just a coincidence that two parcel taxes that citizens unanimously approved have both led to a loss of jobs for teachers and two more positions were eliminated within the parks department. Measure C had overwhelming support from Davis residents, which meant more than 100 school district employees who would have otherwise received pink slips. The measure, which will provide $6.5 million over five years, was passed with 72.3 percent voting yes. That’s 12,435 yes votes and 4,756 no votes. Voter turnout was just under 40 percent.

Measure D, the parks maintenance tax was soundly supported by 84% of the residents and then two tree trimmers were immediately laid off. Like most residents that voted yes on Measure C and D, we assumed this would necessitate the need to layoff teachers and park employees. Davis prides itself on our high quality schools and impeccably maintained parks. Each tax was going to pass regardless of the loss of jobs within the school district and parks department. There was no reason for the pro measure crowd to create the ruse that jobs would be lost without the passage of both measures.

As the overall economy continues receiving dire news, now we have a current school board member proposing a new school tax. We all want whats best for our schools, but will more money truly fix the problems that currently exist locally and statewide. When you have school administrators making multiple times more money than our under-paid teachers, that’s an issue that more taxes can’t fix. School administrators should be paid fairly, but not at such an exorbitant scale above our teachers. More money will not solve what ills our school issues. Davis residents can not naively continue approving parcel tax after parcel tax in hopes this will save jobs or give our kids a better education.

The entire state is deep in the red and many residents are taxed to the hilt. More taxes are not necessary but deep cuts starting at the top would make a difference. In our own personal life, we would not be able to continue charging on our credit cards when they are maxed out. That same philosophy should apply to state and local agencies. State and local schools have been financially mismanaged by administrators for years, as if they were drunken sailors on leave. California schools are nothing to be proud of and tossing more money at the problem is not merited. Please visit my website www.JohnnyBrooksHomes.com  for helpful tips on buying or selling a home.

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In our small town there’s a popular phrase, shop local. From buying near-by honey for allergy sufferers to those weekly shopping excursions to eating at our restaurants. This approach will not always save money, but patronizing locally is admirable. That philosophy truly works for a family considering buying or selling a home. It’s a proven fact that by using the valuable expertise and knowledge of a local realtor will positively end up saving a family money more often than not.

From the sellers point of view, what does an out-of-town realtor know about the nuances of selling a home locally. Can they advise their clients about that local toxic cleanup site around the corner, the different tax rates that apply to each subdivision or the condition of the property that just sold across the street. Does an out-of-town realtor have a vested interest in keeping property values stable around the home they are representing or are they just interested in getting that home sold as quickly as possible, regardless of the negative effect under pricing that home has on the neighborhood.  A local realtor can market a home within the realtor fraternity and might have 20 to 50 agents in their office that’s also aggressively marketing that property. More bang for the buck. A community realtor has built up a laundry list of in-town contractors and inspectors that can be available on a moments notice. Use a local realtor and save money.

From the buyers point of view, it’s just as vital in choosing a realtor locally. Every real estate office always begin marketing their listings within their own office and then to other in town realtors. By the time a buyer using an out-of-town realtor gets wind of that new listing, it’s probably already sold. Just as I know little regarding the San Francisco market, that also applies to those agents knowing next to nothing about our housing market. It’s human nature for realtors to prefer negotiating with buyers being represented by a local expert. The listing agents would prefer not having to school another agent regarding the intricacies of selling a home in that locale. If a home has two equal offers, the buyer using the services of a local realtor carries weight. Please visit my website www.JohnnyBrooksHomes.com for helpful tips on buying or selling a home, scan my informative blogs and easy access to view local area homes for sale in Davis, California including pre foreclosures.

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I recently had a buyer ask me, “should the seller be responsible for that repair” regarding a big-ticket item found during inspections. What repairs are a homeowner responsible for? That’s a question that can have several different answers, depending on who you ask. The buyers point of view would be purchasing a home free of any defects and the sellers normally have a different way of thinking. Bank owned properties and short sales are always sold in its current condition. Buyers can accept those conditions with the understanding those homes are commonly under priced.

When a home buyer negotiates exclusively with a seller, they can add specific repair request in the contract. The seller can agree or disagree, based on the terms and price of the offer. That’s the main reason my Coldwell Banker office strongly suggest a seller perform various inspections before offers start rolling in. A seller can have a firm grasp on even the least significant defects and prepare themselves accordingly. With a loss of home equity for most owners over the last half a dozen years, makes it unlikely they will be too excited with a laundry list of repairs on top of the huge equity deficit.

If an owner accepts an FHA or VA buyer, they have to assume the stringent repair guidelines required with these government loans. Most any blemish can be called out by the appraiser and will have to be repaired before consummating the deal. Attempting an “as is” sale with these type of loans is dubious at best, unless the property is in pristine condition from the out set. Unless it’s a brand new home, no property will be completely free of imperfections. If during the buyers home inspection a major flaw is found, they can request the seller either repair the problem or ask for a credit to fix after closing.

The seller can comply or reject the proposal. At that point, the buyer has two options. Either continue knowing the problem falls on their shoulders or cancel the agreement. If both buyer and seller are reasonable and the seller has the financial ability, a compromise can be made with each party participating in the repair. The older established homes that many buyers prefer will have some deficiencies. Most owners mindset living in those properties are, “we’ve lived in our home with those existing problems, you can also buyer”. Each situation is different and there’s never a clear-cut answer to what repairs an owner might be responsible for. Please visit my website www.JohnnyBrooksHomes.com for helpful tips on buying or selling a home and easy access to view local area homes for sale including pre-foreclosures.

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Out with the old and in with the new was heard loud and clear in the City Council race in Davis. Will things change or will it be politics as usual, only time will tell. Two long-serving incumbents lost their bids in Tuesday’s election. One current council member Dan Wolk, and two new comers Lucas Frerichs and Brett Lee received enough votes to oust Sue Greenwald and Stephen Souza. The Davis, California City Council results was seen by voters as a referendum to our local electorate that the political atmosphere at City Hall should change, hopefully.

When Yolo County released the absentee ballots, only 400 votes separated the two newcomers from Greenwald and Souza. The campaigning was intense and it appeared driving through Davis over the last couple of weeks, every third yard was decorated with one of the candidates yard signs. The turnout was low as only 38 percent of registered voters participated. This is either a lack of interest or something more disturbing, a belief that most politicians are the same and there’s actually no difference in the end.

There was a recent nation-wide poll that showed more folks proclaim themselves Independent 38%, compared to Democrat 32% and Republican 24%. That’s a sign that most citizens are tired of politics as usual. In the majority of small-town America you might have two choices if you’re lucky and the campaign turning into a verbal spat and promises made that are always broken. That’s the main reason politicians in general have the lowest approval rating of any profession, even lower than attorneys. I personally feel that more of the public would get out and vote, if we could have another viable option than the two choices that have actually sold their souls to the devil and answer to their constituents instead of the average voter. That’s the reason our entire state is in the red, we keep voting for the same old tired candidates that only care about party, not what’s best for their community and state.

We desperately need term-limits that will force lifetime politicians into another career field and give others a chance to straighten out the mess they caused. That’s what happened in our local election, we swept out the old and decided to give someone else an opportunity. We need this same reaction in every other small town and big city in America. Until every citizen stops believing it’s the other sides fault, but not my politician, our society will continue floundering. Give us better options and we will get out to vote.

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As some homeowners make that calamitous decision between foreclosure or short sale, the chose seems daunting and akin to picking their own poison. These are the casualties of the housing downturn. Whether it’s a lost job, an adjustable rate mortgage or depleted equity, the situation appears hopeless. A decision should be made, only after careful consideration of the advantages and disadvantages of both options. It is strongly advised to get legal consultation before making a choice. Neither will allow an owner to go completely unscathed.

The foreclosure process is initiated by the lender and terminates the owners rights to the property. Normally homes are sold at auction or by the banks preferred realtor. Foreclosures can have a ten-year negative impact on one’s credit. Reports vary on the adverse blow a foreclosure can have, but anywhere from a 200 to 400 point hit is common. If a homeowner chooses the foreclosure route, then a five to seven year wait is required before becoming eligible for a new home loan.

A short sale on the other hand is selling the house for less than what is owed on the property. Most real estate experts emphatically support the short sale option compared to foreclosure. Short sales have less impact on credit scores than the alternative. Many banks are offering financial incentives to the seller to forgo a foreclosure and attempt a short sale. If a short sale owner has a desire to get back in the market, most banks will only require a two-year wait, assuming the sellers have stayed current on their financial responsibilities during that two-year period. When comparing the effects both have on credit scores, loan availability, taxes and other factors, short sales simply make more sense.

If an owner truly wants to keep their property, a loan modification might be appealing. If a lender agrees to this modification, the monthly payments can be adjusted to an amount that might make keeping that home more viable. Thousands of homeowners wake up every day with the stress of not knowing what to do, the worse thing is to do nothing at all. Contact your lender and let them know of your predicament, there are options. If an owner decides on a short sale, use a realtor that has had years of success with short sales. Please visit my website www.JohnnyBrooksHomes.com for helpful tips on buying or selling a home, scan my informative blogs, join my professional networks on Twitter and LinkedIn and easy access to view local area homes for sale in Davis, California and the surrounding communities.

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