Don’t Let House-Hunting Break Your Heart

This time of year love is on the minds of many. For those who are house-hunting, it can be a whirlwind romance that’s hot from the minute you see the home’s curb appeal. But don’t let the seduction of a good-looking landscape make you want to tie the knot without a bit of courtship.

House-hunting for the “perfect” home in many ways is like looking for that perfect romance – very seldom does everything about your proposed mate match your desires. Things you love at first may later get on your nerves and become what you don’t like so much later on. Does that mean the house is wrong for you? Not necessarily. It could be, but if you understand your tolerance level–what’s most important to you in a home, and what you can’t deal with at all – you are less likely to want to buy the wrong home.
Keeping these terms clearly defined and always on your mind will help you make smart choices even when some areas of the home tug at your heartstrings and say “buy me!”.
House-hunting should be like dating. Understand the critical must-haves, the not-so-important-but-I-kind-of-want-it, and the no-way, not-going-to-happen-in-this-lifetime.
One thing you can do to help streamline the process is to start making a list about the things you like about your current home. If you’re renting, there may be features about the home, apartment, or planned-living development that you want to find again in the neighborhood where you’re going to buy your home.

For instance, you might want close proximity to the beach, a gated community, or close to the freeway, or a condo that has certain luxury amenities. Moving to a home that doesn’t have the same type of amenities could be a real turn-off. Also, it might mean you have to pay more to get those same amenities . While this might not be a deal-breaker, it can certainly change the way you’re used to living your life. So, be sure to take it into consideration. Walking a short distance down the street to go to the gym, the pool, the steam room will be different from having to drive 20 minutes or more to go to a gym/spa that you also have to first pay an extra monthly membership.

Just as you wrote down the things you like in your present residence, you should also make lists of things you want to avoid in the future and new things you hope to gain.

Remember, courtship doesn’t last forever. Just as with romance, “the good ones will be gone if you wait too long!” So put a ring on… or rather, put an offer on that house!


Sources: Stovall Team and Realty Times

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Spring Preventative Maintenance

Here’s the cold, hard truth: Your home undoubtedly took some sort of hit during the chilliest months of the year. With the weather warming and Spring upon us, you might want to consider these seasonal checks to help ensure that your home is in tip-top shape. Here’s a quick checklist to help you manage your mission and prepare for Spring.

Hit the deck: Water stains near walls, splintering or sagging, as well as mold and moss can all indicate problems. Examine your fencing as well. We are embarking on staining our side and back fences in the next few months to help add a few years to them. A good power washing can help you assess the situation. Clean your barbecue. Check outdoor lights.
The roof, too: Inspect your roof from the ground looking for loose, miss-ing, or damaged roofing materials. If you have access to the underside of the roof, check for signs of leaks by discolorations. Check vents, sky-lights, and chimneys for leaks. Have any repairs fixed as soon as possible so water doesn’t get inside your home.

Attack the attic: Check insulation and venting in attic. Make sure vents are not covered. Inspect the attic for signs of roof leaks, condensation, or frost build-up. Your attic should run within 10 degrees of the rest of your house all year long. Otherwise, you might have trouble with your climate system or insulation. And if you find any bird’s nests or rodent droppings up there, call your pest person. Pron-to.

Bugging out: “Termites eat 24-hours a day, seven days a week,” says Missy Herriksen, a spokeswoman for the National Pest Management Association. “They cause serious and costly damage and compromise the structural stability of a home.” Think $5 billion worth of destruction last year alone! Look for pellet-shaped droppings or shed wings. When in doubt, get a pro to inspect.
Cracking up: Having cracks in your pavement or paths is no laughing matter. Seal with concrete filler before weeds can take root or ants invade!

How important is preventative maintenance? Without it, a home could easily lose 10 to 12 percent of its appraised value. Researchers suggest that regular maintenance increases the value of a house by about 1 percent a year.

Call Micah at 714.343.9294 or Steve at 714.393.5377 for your free pre-market evaluation.

 

Sources: Steve Stovall, Stovall Team, and HGTV

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Stovall Team at the Top: Named Top 1% at Star Real Estate

Stovall Team of Star Real Estate have retained their status as one of the Top 1% of agents in Orange County.

We blend high-level professionalism with integrity and action to get our clients results. We look forward to serving our clients in 2013 and beyond.

 

About Stovall Team: Providing excellent Fountain Valley Real Estate service since 1976. The Stovall Team strives to stay on the cutting edge of marketing and technology. A top producing real estate team, Steve and Micah Stovall are consistent, top producing, agents ranking in Star Real Estate’s Top 1% ‘Presidents Club’ year after year. The Stovall Team has also ranked within the top agents in the Orange County Association of Realtors over three decades. In addition the Stovall Team employs a Professional Interior Designer to insure Staging and Merchandising Excellence for each and every home seller they serve.  With over 1700 successfully closed transactions the Stovall Team brings the negotiating and marketing skills needed to help you fulfill your Fountain Valley Real Estate goals.

Micah and Steve go the extra mile for their clients. Steve and Micah Stovall are Certified Short Sale  Specialists.

 

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Complimentary Listing Staging

The Stovall Team always offers complimentary pre-market staging tips and complementary staging with each listing. Our Staging program has proven to achieve a higher net and a faster marketing time for every one of our sellers.

Call The Stovall Team, Micah at 714.343.9294 or Steve at 714.393.5377 for your free evaluation.

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Tips: Selling a Home With Pets

  1. Do a good “down to the bone” deep cleaning. Before your house goes on the market, make sure that it gets a huge deep cleaning, behind all furniture, all closets, under all beds, etc.
  2. Have a quick pre-showing clean-up routine. After your house is cleaned “to the bone,” it’s much easier to tidy up in a hurry.
  3. De-clutter. Find a quick spot for all of your pet friendly items. Dog bowls, toys, bones, should have a quick hiding spot for showings. Try a bin in a pantry for example.

Sources: Stovall Team, and www.about.comSelling a House with Pets at Home, Sell a House Where Pets Live

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Home Selling Season Hits Early

There are indications of an unusually early start to the 2013 season as buyers rush to get off the sidelines before home prices and mortgage rates go higher. Could the chilly December-to-February months, which traditionally see fewer buyers out shopping for houses com-pared with the warmer months that follow, be more active than usual?

And if so, what does this mean to you as a potential home seller or buyer?

There is growing evidence, anecdotal and statistical, that there are more shoppers on the prowl in many parts of the country than is customary for this time of year, more people requesting “preapproval” letters from mortgage companies, more people visiting websites offering homes for sale and more people telling pollsters that they expect home prices to continue rising and that the worst of the housing downturn is long past. There is even data showing that during holiday-distracted December, there was a jump in visits to homes listed for sale.

Polling by Fannie Mae, the government-backed mortgage investor, may shed some light on what’s motivating buyers. In a survey of 1,002 adults in December, Fannie found the highest share of consumers in the survey’s 21/2-year history who expect home prices to rise during the coming 12 months. Forty-three percent expect mortgage rates to jump, and 49% believe that the cost of renting will increase.

Roll all this together, says Doug Duncan, Fannie’s chief economist, and you can see why consumer sentiment “could incentivize those waiting on the sidelines … to buy a home sooner rather than later” — pushing spring behavior into midwinter.
What’s missing from this equation? More owners listing their homes for sale. Inventories of available homes are down in most markets, mainly because many sellers are under the impression that it’s still a buyer’s market filled with low-ballers who won’t pay them a fair price. In many parts of the country, that is last year’s news. In 2013, it’s simply no longer the case.

Sources: Full Article can be found in LA Times Business Section, Real Estate 20130120,0,6866407

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