Sellers Guide: Getting the Highest Price in the Shortest Time

In order to get the highest price in the shortest time, you need to know how to market your home. The better you market your home, the more offers you will get. And the more offers you get, the more choices you have to get the price and terms you want.

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The most important factor of marketing your home is pricing it right. Your price should be adjusted to reflect the market and your property’s worth. The key is to get as many people as possible checking out your fairly priced property. If your property is not priced fairly, there will be no buyers because your price is set too high.

Another important factor is the condition of your home. Make sure that your home looks ready to be sold. Fix any defects (peeling or faded paint, cracks, stains, etc.) Condition alone can sometimes prompt fast buying decisions. Not only should you fix any defects, but consider upgrading your home by making major repairs and cosmetic improvements before selling. A nice looking home triggers the emotional response that can lead to a financial response.

Image result for negotiatingLearn how to negotiate the best terms for all parties involved. Terms are another factor that may be adjusted to attract buyers. If you insist on getting your asking price, think of what you can offer to the buyers. For example, improvements you’ve made or even offering seller financing at a lower than market interest rate on a portion of the sale price. Convince them why they should be paying the price you have set.

Lastly, get the buzz out about your home. List your house with a hot agent that ensures your house is listed on the MLS and on the Internet. On your own, get the word out. It should always be visible to passersby that your house is for sale, whether it is through signs, local advertisements or you telling friends, family, and acquaintances.

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Home Buying: Building a Plan of Action

Buying a home will probably rank as one of the biggest personal investments one can make. Being organized and in control will contribute significantly to getting the best home deal possible with the least amount of stress. It’s important to anticipate the steps required to successfully achieve your housing goal and to build a plan of action that gets you there.

Before you can build a plan of action, take the time to lay the groundwork for your decision-making process.

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First, ask yourself how much you can afford to pay for a home. If you’re not sure on the price range, find a lender and get pre-approved. Pre-approval will let you know how much you can afford, allowing you to look for homes in your price range. Getting pre-approved also helps you to alleviate some of the anxieties that come with home buying. You know exactly what you qualify for and at what rate, you know how large your monthly mortgage payments will be, and you know how much you will have for a down payment. Once you are pre-approved, you avoid the frustration of finding homes that you think are perfect, but are not in your price range.

Second, ask yourself where you want to live and what the best location for you and/or your family is. Things to consider:

  • convenience for all family members
  • proximity to work, school
  • crime rate of neighborhood
  • local transportation
  • types of homes in neighborhood, for example condos, town homes, co-ops, newly constructed homes etc.

We are here for any of your home-buying questions. Don’t hesitate to call our office at (858)-755-4663 for more information!

Pet Laws

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Are you interested in purchasing a home in San Diego? Domesticated pets are regulated within San Diego County and being aware of these laws are essential!! Getting familiar with the regulations of each area can both help and guide you to the most ideal location while you are on the hunt. Here are some rules and regulations to be aware of so the dream home you find will not only be perfect for you but for your pets as well!!

 

San Diego: San Diego County’s residential homes limit is up to 6 adult dogs, 6 cats.

To read more, visit this website:

Carlsbad: No more then 3 adult dogs or cats in and combination.

To read more, visit this website

Encinitas: With an assortment of dog parks and Off-The-Lease locations for your dog Encinitas is a dog lover’s dream! Although it is extremely pet friendly regulations do apply. Encinitas has a limitation of

La Jolla: 6 Adult Dogs

Solana Beach: 6 Adult Dogs

Del Mar: 6 Adult Dogs

Rancho Santa Fe: 888 267 8770 6 Adult Dogs

Oceanside: Limitations are set at three adult dogs and up to an additional 3 pets of any type. Animals under the age of three months old are not included in this count. It is not until after three months the dogs are considered adult.

To read more, visit this website

Vista:

San Marcos:

Escondido: Two dogs and two cats.

To read more, visit this website:

Rancho Bernardo:

Poway:

Rodent Regulations for California State Wide:

Ferrets and Hedgehogs are illegal to maintain within the state of California.

(Poway: It is unlawful for any person to maintain a rat menace where livestock is kept. [http://www.codepublishing.com/CA/Poway/#!/poway06/poway0604.html#6.04.080])

Restricted domestic animals for California State Wide:

  • The Monk parakeet (also called Quaker parakeet)
  • All species of the Order Insectivora (shrews, moles, hedgehogs, etc.)
  • All species and varieties of gerbils, and all wild-caught or captive-bred species of squirrels, prairie dogs, fur-bearing rodents, mice and rats, except rodents specifically exempted above
  • Domestic or ranch mink, domestic ferrets, polecat-ferret hybrids, domestic or ranch red fox, Arctic or blue fox, and F-1 wolf-dog hybrids
  • Domestic and semi-domestic ungulates, including fallow deer, ranch-raised elk, reindeer, eland, gayal

 

Other Illegal Pets:

  • Raccoon
  • Dormouse
  • Snapping Turtle
  • Skunk
  • Wolf-dog hybrid
  • Sugar Glider
  • Monkey
  • Chimpanzee
  • Alligator
  • Opossum
  • Any Marsupial

 

California Non-Restricted Domestic Animals:

  • Chinchilla
  • Llama
  • Alpaca
  • Guanaco
  • Camel
  • Bison
  • Ostrich
  • Emu

 

 

 

Becoming A Homeowner As A Millennial

Minneapolis a Top City for Millennial Homeowner Growth

If you are stuck with student debt you may feel like you have a ball and chain attached to your foot and think you may never be able to afford a home.  A study showed that close to 70% of millennials are waiting to become homeowners due to their student debt.

A student loan is only part of your overall financial profile so it is unlikely that will affect your ability to get a mortgage.

You will want to have a handle on the debt you already have so you can see how much more you can reasonably take on.

The biggest impact on your monthly payments will be how much you put up for a down payment and the interest rate on the mortgage.  There are calculators offered by Zillow, Bankrate, and others to calculate mortgage payments and affordability.

Downsizing: What you need to know

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It probably feels like it was just yesterday that you moved into your new home, ready to start a life, a family. We all know how quickly time flies, and by now your youngest kid is off to college, or maybe starting their first job in the “real world.” And once you realize that they are really gone, that is when you start to think about what to do with all that space.

Some couples enjoy finally being alone in their homes, but for others, it’s just way too much space. In the past and even to an extent in the present, societal constructs have dictated that the home is as much of a status symbol as it is a place of dwelling, and because of this many people don’t want to downsize. However, a lot of people these days view downsizing as a step forward, rather than a step back. There are many benefits to downsizing, and this article will help explore whether or not this may be something for you.

How to know when to downsize

Many people choose to downsize simply because their home is just too big for them anymore. This happens most often when when children grow up and move out. But other factors can play in, such as wanting a home that is easier to maintain, or closer to a more urban area with lots of fun things to do. Sometimes downsizing isn’t even a choice, due to things like an unexpected financial setback.

A couple of questions to ask yourself

Will you miss your more spacious home?

You really have to ask yourself and visualize how your life would change were you to move into a smaller home. For instance, some people like having more spacious rooms, or higher ceilings. They like having a large yard, pool, spa, etc. If you move into a smaller home, you wont have many of these things, but you also don’t have to do any of the maintenance work required with having them either. For example, those who might have spent 8-10 hours or more of work each week cleaning the home or the yard in their larger house now only spend about an hour or two, maybe even less.

How will unexpected life events affect your smaller home?

One of the more common issues that can happen after you downsize is adult children moving back into your home. One way to prevent this from happening is to make sure they are comfortably settled into their new life before pulling the trigger on downsizing a little too soon. With the job market as terrible as it is, especially for young college graduates, you shouldn’t assume that your child will have an easy time finding, and keeping, a job after they graduate. Having an extra bedroom at your new place just in case, either for kids, relatives, or guests, is never a bad idea.

Hidden costs

It may seem very cut and dry, moving to a smaller, less expensive home means more money for you. Sometimes this is true, however there are a few factors to consider that you may not be thinking about.

A major component of downsizing that many people don’t think about is what to do with all of your belongings.

Pet Moving Guide

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After you have figured out how to sell a home with a pet,  your next mission will be to figure out how to move with them. As exciting as it is to move to a new home, there is always a fair amount of stress involved in the process. This is true for everyone in your family, including your pet. Whether you have a dog, cat, guinea pig or fish, you can guarantee that your pet will feel at least some stress while moving. Below, you will find some exceptional tips for moving with pets that should hopefully make your life (and theirs!) less complicated.

 

1. Pack over time-

This moving tip is guaranteed to make things easier on both of you. Many people make the mistake of waiting until the last minute to pack up all of their belongings. Packing always takes more time than you expect. You wind up going through a bunch of old things that you didn’t even know you had and it takes a while to separate out what you want to keep and what you want to give or throw away. If you are hurried your pet will often pick up on your anxiety, making it more uncomfortable and anxious. Pets also tend to like things they way they are and tearing up your home over a short period can really upset an animal.

2. Research pet laws and regulations- 

One of the often overlooked things to do when moving with pets is to find out what the laws and regulations are about owning them in your new area. You may need to register the animal, pay a certain fee, or meet different vaccination requirements. Knowing all of this beforehand will give you time to take care of it before you arrive.

3. Talk to your vet- 

Let your vet know that you are moving so he or she can help you prepare your animal. You may need to update vaccinations. If you are moving far enough you might want to get a recommendation from your current vet for a new vet in your area. If your pet suffers from any sort of anxiety the doctor can prescribe you medication to help. He or she can also fill prescriptions for any other necessary medications.

4. Update all pet identification- 

Your pet should have a good collar that is unlikely to slip off. Update your pet’s id tag with your new information including how they can contact you in case of emergency. If your pet is micro-chipped, be sure to contact the company that stores the microchip information to provide an update. If your pet is not micro-chipped, now is a good time to have it done. Dogs and cats can become lost very easily in a new neighborhood and you want to make certain they can be identified.

5. Prepare your new home- 

It is easiest to do this while the house is still empty. Scan the fence for any holes or gaps the animal could get through and repair them. Make sure there is no leftover poison out where a dog could get to it. Doing a general safety and security check will make you more comfortable letting your animal loose. Depending on the personality of your pets, you may find that they are either frightened and confused or completely hyperactive. Your pet might be just as excited to be in a new environment as you are or just as easily be upset by it. Once you have brought your pets into their new home making sure that they have everything they are used to like their bed, food, water and toys becomes important. You want to make the move with your pet as stress free as possible.

6. Make a travel kit-

Set aside a small supply of food for your pet, along with its bed, toys and any other things that you will want quick access to. This way you can pack most of it along with the rest of your belongings without worrying about digging through boxes to feed your animal.

7. Secure the pet in your vehicle- 

It is worthwhile to secure the animal for the trip on moving day. It may be quite agitated and prone to running off or acting up, the last thing you want while you are driving or when you get out of the car. A kennel or carrier is the best option when secured in the back seat. A car restraint is also an option.

8. Stay secure on moving day-

Keep your pet secure on moving day. It may be easiest to leave it with a friend, but if this is not an option you should determine how you will keep it isolated and safe as you move out of the old house and into the new house. You can keep it in a crate or a bathroom, for instance. Just keep checking on the animal periodically and make sure it is comfortable and fed and watered.

9. Start small-

With dogs and cats it is often best to start small in the new home. You know your animal best, but keep in mind that generally an animal will be more comfortable staying in a smaller area like a bedroom before having full run of the house, especially cats.

10. Meet the neighbors-

While it may sound corny, one of the best tips for moving with pets is to introduce them to your new neighbors. As stated before, it is easy for dogs and cats to get lost upon first moving to a new area. If they get out you want as many people as possible to know they are yours. Consider taking your pet around with you as you go to introduce yourself to your neighbors. This way if your pet does escape your neighbors can tell you about it.

11. Walk your dog- 

Throw a leash on your dog and start walking as soon as you can. Dogs love to explore and smell new smells, so it will help reduce the stress of the move. It will also give your dog some reference points on how to find his or her way home. The more often you can walk the better your dog will know where home is.

12. Find out local laws and customs-

Finding out whether there are any specific leash laws will also be an important consideration.Some cities and towns require dogs to be on leashes at all times or possibly during certain hours. If you are buying into a planned community or a condominium complex where there is a homeowners association, you should also make sure you take a very hard look at their by-laws to see what you can and can not do with your pets.  When you purchase into a homeowners association you will be governed by other peoples rules. Many people lose sight of this if they are used to having a home where no such arrangement exists.

Should You Hire an Agent When Building a House?

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Many homebuyers think they don’t need to hire an agent when building a new home. After all, you’re buying directly from the builder and they already have contractors, lenders and inspectors. Why should someone else be brought into the mix?

The truth is, buying any home without an agent can be a costly mistake. It can mean paying more than you should, missed opportunities for upgrades, contract errors that aren’t in your favor or a delayed closing.

Thinking of buying a new construction home? Here are three reasons to have an agent on your side before visiting the sales office:

1. Expert Negotiation: While their advertising would have you believe otherwise, builder’s prices aren’t always set in stone. Agents are skilled negotiators who can likely get the price dropped slightly or have a few upgrades thrown in.

2. Preferred Vendors: Your builder might have an affiliate mortgage lender or title company, but chances are they aren’t going to offer the best deal. It’s important to shop around, and what’s better than a vendor your agent already knows and trusts?

3. Guidance and Support: The homebuying process can be complicated, with lots of twists, turns and steps along the way. When buying new construction, you also have design reviews, electrical work and other construction needs. An agent can guide you through all of these, making sure your purchase stays on track, on time and on budget from start to finish.

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It’s important to note that while you may be working with an agent or representative from the builder, they may not have your best interests at heart. Enlisting your own trusted agent can give you an advocate from the very first meeting to closing day.

Are you interested in buying a new construction home? Get in touch today for more info about builders in the area.