For Sale: 4BR/2+1BA Single Family House in Claremore, OK, $299,000

For Sale: 4BR/2+1BA Single Family House in Claremore, OK, $299,000.

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For Sale: 4BR/3+1BA Single Family House in Claremore, OK, $275,000

For Sale: 4BR/3+1BA Single Family House in Claremore, OK, $275,000.

Published in: on September 4, 2010 at 1:59 am  Leave a Comment  
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Getting the Closets Organized

Preparing Your House to Sell – Tips #10

Outgrown your house and need something bigger?  Well, your buyers may have outgrown their current home and your house is a move up.  With a little time and effort you can prepare your house to showcase its benefits and amenities such as spacious closets.

Make sure you can open the closet door freely without something falling out on a prospective buyer.  Nesting baskets are a great way to store lots of stuff that you use regularly and don’t want to pack and store.  They are inexpensive, can often be purchased at the Dollar store, Wal-Mart or Lowe’s, and will completely transform your cabinets and closets.  I used lots of them when I put my personal house on the market and I am enjoying the organization of the nesting baskets still in my new home.

Remove all the stuff that sits on the closet floor like excess luggage, shoes, blankets, games, etc.  Leave nothing at all on the floor of the closets.  Arrange and fold all the linens and blankets to look like a shelf in a department store displaying their goods.  If you have lots of bulky comforters and don’t want to pack and store them, you can purchase inexpensively those space bags that once filled; your vacuum will remove the air and squish the contents to a skinny little bag of goods that can easily fit in your closet or storage unit.

In my area, we don’t have many basements but we have some and they can be somewhat troublesome for people who aren’t accustomed to the nature of basements. Beware of smells, musty odors, and dampness.  Do your best to alleviate problems by repairing and cleaning problem areas.  Use a room de-humidifier to aid in removing the dampness and smell. If you use the basement for storage, condense the piles to one corner of one area of the basement. Repair cracks in ceilings and walls.  Clear all drains.

Wow!  You are so close to being done.  I promise I will still talk about curb appeal so don’t miss that important part of “Preparing Your House to Sell”.

Published in: on November 6, 2009 at 4:45 am  Leave a Comment  
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Getting Your House Ready to Sell

Tips #4

Remember in my last blog, I mentioned that all of these tips will not apply to you.  It is important that homeowners look at every suggestion with objective eyes.  The pay-off is worth the extra attention.

Wood-burning fireplaces need to be cleaned out.  Glass doors should be cleaned.  Mantels and hearths need to be cleared off except for a very few decorative items.  If it is off-season, stage your fireplace with two or three logs after it is cleaned out.  Of course, if you have a gas log fireplace, it likely doesn’t need to be cleaned but check the screen or doors and dust as needed.

To create more space you may want to remove a chair, loveseat or other pieces of furniture. (Remember the model home!)  Did we talk about renting a storage unit?  Most people find it necessary.     

Pack up all collections.  (You’re going to need to pack them up sooner or later anyway).  They become a distraction for buyers from the desired focal point….your house.   Reduce the number of books on bookshelves.  Pack up extra books early! 

Reduce the number of family photos on the shelves, pianos, and tables and even walls.  Eliminate the “wall of fame” (family photos) usually in the hall.  Reduce the number of wall hangings photos and paintings in every room to one large piece on a wall or a small group of three.  Make sure they are hung at eye level for the average person – not eye level for Michael Jordan. 

Okay, if you have been following all the tips from the beginning, you may be feeling a little overwhelmed but take a deep breath and don’t panic.  If you have done it all to this point, you should be feeling pretty good about your progress and you should be enjoying the changes.  Keep up the good work.  Look for more tips on my next blog for, “Getting your home ready to sell”.

Published in: on October 27, 2009 at 9:04 pm  Leave a Comment  
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Getting Your Home Ready to Sell

Tip #2

In every room, stand in the doorway and look at the room through the eyes of a buyer.  What do you see?  Ask, “What can I live without while my house is on the market?” Most carpets need to be cleaned if not replaced.  Have them professionally cleaned before putting your home on the market. “Buyers only know what they see, not what it’s going to be”! Unless the home is a “fixer,” badly worn or very out-of-date carpets should be replaced before coming on the market.  Offering a buyer a credit to pick their own new carpet or discounting the price is far less effective and will always end up costing the seller more money and slow the selling process.  Pick a light colored short plush, or frieze carpet. Real estate beige is the safest color.

Check all lights.  Are they working properly?  Replace all burned out light bulbs.  Look for dark hallways and corners and increase the wattage of bulbs in those areas. Fluorescent light bulbs are extremely inexpensive to use so replace the light bulbs in those lamps with soft fluorescent bulbs and leave them on while you are away.  Make sure there are lamps in dark corners that are turned on for all showings.  It is important to remember that buyers buy on emotion and with a few inexpensive adjustments and some work on your part your property can out-shine the competition.  With a surplus of inventory, the pretty ones will sell at a higher price in the least amount of time.  Watch my future blogs for additional tips on “Getting your home ready to sell”.

Published in: on October 24, 2009 at 10:09 pm  Leave a Comment  
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Where to Advertise??

If you were in the market to purchase a home, how would you go about the search process?  Due to the fact that you are reading this blog I’m certain you would be doing an on-line search and have an idea of the market in the area you will be looking and moving.  If you are an average buyer, you will do most of that on-line property research prior to contacting a real estate professional.  If you live in the area already, chances are, you will go through the “process of elimination” prior to even viewing these houses in person on the inside.  On-line search, interior photos, virtual tours, public addresses, and drive-bys – all contribute to the way things have changed.  In the 80’s, the Realtors had all the property listing information and buyers had to call a real estate professional and ask them to share that information.  Not so, anymore! 

Now, imagine you want to sell your property.  How would you go about the process of finding a Realtor?  Would you pick up a magazine in the grocery store and search for an agent that advertises they have integrity, or the agent with the largest ad, biggest houses, prettiest face, or nice logo?  Would you drive around town and check out whose names are on the for sale signs?  If you were interviewing real estate agents, would you want an agent that advertises in the local newspaper or an agent who makes sure your listing has a large web presence? 

For years, I have held the position that Realtors and Sellers look at the real estate ads in the paper but Buyers check the web.  As a seller, it’s the right buyer you want, just one will do, right?  Unless you are selling “AS IS” and the house needs “TLC” (realtor terms, you know) then your property needs to look really good.  I mean, it needs to be clean, tidy, de-personalized and staged.  Every home can fit these criteria for the size and price range!

 Pictures of your property need to be all over the web.  Good pictures.  I recently saw a $300,000 house (way above average price for the area) which looked like someone was actually in the master bed and a large black bag of trash right in the floor of the beautiful Olde World kitchen with slate floors.  Are you kidding?  What is wrong with that real estate agent?  I felt so bad for the sellers who obviously didn’t know it was picture day and now those photos were plastered all over the place.  Bad pictures, no problem – re-takes!  Get it right.  This is important stuff.  Watch for future blog on staging!

******SOLD IN 3 DAYS******

For Sale: 3BR/2BA Single Family House in Claremore, OK, $85,000

Call or text 918-798-7271 to find out how I can help you sell your home.

Want to find out the value of your home?  Click here to receive a free market report by email.

Published in: on October 7, 2009 at 2:53 am  Leave a Comment  
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July 2009 Home Sales Statistics

Here are the most current real estate statistics provided by the Greater Tulsa Association of Realtors. The market is holding and there is a surge of activity of first time home buyers due to the $8,000 tax credit which expires December 1, 2009. If you have any questions about buying, selling or the statistics, please give me a call at 918-798-7271.

July 2009 Home Sales

FIRST-TIME HOME BUYER TAX CREDIT

Time is running out on taking advantage of the $8,000 tax credit for first-time home buyers. The tax credit applies to purchases on or after January 1, 2009 and before December 1, 2009. What is the homebuyer tax incentive? Read all about the program basics in the brochure which can be found in My Shared File Box.

Published in: on August 26, 2009 at 9:06 pm  Leave a Comment  
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BUYING A HOME

Buying

The process of buying a home or investment generally starts with determining your buying power; that is, your financial reserves, plus your borrowing capacity. If you give a real estate agent some basic information about your available savings, income and current debt, they can refer you to lenders best qualified to help you. Most lenders — banks and mortgage companies — offer limited choices.

Finding

Once you know how much you can and want to invest, the next step is to find the properties that most nearly fit your needs. This is the time to choose a real estate licensee. When picking a real estate agent look for one who is also a REALTOR®. A REALTOR® is a member of the NATIONAL ASSOCIATION OF REALTORS®, and all members agree to abide by a 17-article Code of Ethics. A REALTOR® has many resources to assist you in that search. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your agent to find all available properties.

Selecting

Your job is to make the final selection of the right property for you. This is when excitement and emotion run high. Your real estate agent can assist you in the selection process by providing objective information about each property. Agents who are REALTORS® have access to a variety of informational resources. REALTORS® can provide local community information on utilities, zoning. schools, etc. There are two things you’ll want to know. First, will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?

Negotiating

There are a myriad of negotiating factors, including, but not limited to price, financing, terms, date of possession, and often the inclusion or exclusion of repairs and furnishings or equipment. The purchase agreement should also provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase.

Your agent can advise you as to which investigations and inspections are recommended or required.

Due Diligence

With a negotiated agreement in hand, it is time to complete the evaluation of the property. Depending on the area and property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. Your agent can assist you in finding qualified responsible professionals to do most of these investigations and provide you with written reports. You will also want to see a preliminary report on the title of the property. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements (access rights) for utilities. Your agent, title company, or attorney can help you resolve issues that might cause problems at a later date.

Financing

As soon as you are reasonably sure the property is right for you, the process of obtaining financing begins. Your agent can help you in understanding different financing options and in identifying qualified lenders.

Closing or Settlement

Finally, there is the closing, or settlement, as it is known in different parts of the country. Every area has its own unique customs. In some areas, the title or escrow company will handle this process. In other parts of the country, an attorney does it all. Again, your real estate agent can guide you through this process and make sure everything flows together smoothly.