What You Don’t Want To See On A Home Tour

How about another edition of WYDWTSOAHT?

As a realtor it can be difficult to describe what can go wrong with the structure of a home. Certain homes are constructed incorrectly or on land that has issues with the soil making it susceptible to structural problems in the future. One example of this is when a home is built on land that has a high concentration of Bentonite soil. Bentonite will expand when exposed to water. This expansion can cause cracking in the foundations of homes. A lot of times the expansion goes unnoticed, except, that is, to the trained eye. In some cases, however, the untrained eye picks up on it…. See below!

photo 1

This was in the basement floor of a home I showed a few years ago. Of course it spurred on a conversation with my buyers and of course they did not buy this home. We discussed the issues soil can cause on foundations and they were educated so that their eyes became “trained eyes” Let me do the same for you.

 

Go HERE to get assistance from an experienced realtor.

And go HERE to get assistance from an experienced lender that WILL Pre-Approve you!

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One Reason for Denver’s Real Estate Market’s Health

Real Estate stuff; If you own a home in Metro Denver, You are doing quite well! And it appears to be something that will sustain for years. Here’s one of the reasons why that is: The inventory of homes in the city of Denver is just over 1000 homes for sale! 1000! In Littleton there are only 185! And if you happen to live in Highlands Ranch and wanted to sell your home right now, you would only be in competition with 61 other sellers!!!! That is right, 61 homes, (or condos) for sale in ALL price ranges! WOW! Supply is low, so prices are rising.

Go HERE to get assistance from an experienced realtor.

And go HERE to get assistance from an experienced lender that WILL Pre-Approve you!

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Homework

Sometimes when I list a home, I need to give advice that the homeowner and/or the neighborhood might not be to keen on. For instance, in older neighborhoods there are older trees. Older trees become fixtures in some neighborhoods. But older trees can start to look a bit shabby. They aren’t quite dead, just having a bad couple of years. There is a debate on whether or not these big trees will recover and if so, how long will it be before they are the beauties they used to be. In the meantime, people must sell their homes and to do so, need to have it’s curb appeal top notch. It is controversial for me to suggest that the tree, experiencing a few bad years, has become an eyesore and is hurting the curb appeal of the home. But, you can see from the photos below, that it makes a difference. The point of this “Homework” is that, some decisions are hard when trying to get your home ready for sale. But those hard choices can make a dramatic difference. And it could be that difference that makes the sale successful. I love trees and never want to see one taken down; But, sometimes, for the good of the home and the neighborhood, it’s time.

BEFORE

vrain viger

AFTER

no trees

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WYDWTSOAHT

I showed homes yesterday in Washington Park and ran into another What You Don’t Want To See On A Home Tour example. Can anyone tell me what this is?

IMG_6797

Nope, Scarface doesn’t live there, that is not what it looks like. We saw this powdery substance on the chair and wondered what was going on and then my buyer looked up and saw this:

IMG_6798

You can see that there is some active water damage going on in the ceiling above. Clearly this is new to the seller and I am pretty certain that they are not even aware that there was a leak. So in this case, it IS something the you DO want to see during a home tour. It is something that can be easily fixed and not necessarily a “deal killer”. The sellers were informed and the problem solved. But not knowing about it during the home tour could have been bad…

Sometimes you see these little leaks turn into big problems, like the home we saw 3 homes later!

No kidding, this happened to the same buyer on the same home tour! We seemed to be attracting homes with water issues that day! This one looks a bit more serious and this would qualify as a WYDWTSOAHT…

As always, I encourage you to browse the blog to see more WYDWTSOAHT posts and other interesting Real Estate Related blog posts… Also, stay tuned for future WYDWTSOAHT posts.

Go HERE to get assistance from an experienced realtor.

And go HERE to get assistance from an experienced lender that WILL Pre-Approve you!

 

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What You Don’t Want To See On A Home Tour

Here’s another edition of WYDWTSOAHT!

A lot of homes have mice. It’s a fact of homeownership; either you’ve had mice of will get mice. How you handle the situation is what matters. Hiring a professional is recommended, but not cheap. DYI is usually the route homeowners take. Here is a tip, when selling your home, have the mouse problem under control so that you do not “showcase” the fact that you have the little buggers running through the home by leaving traps in every room. Nothing ruins the mood of a buyer like to sight of a dead mouse in a trap! If trapping is necessary, use store bought and not some of the homemade beauties I’ve seen out there, like this one I recently saw in a home in Denver:

homemade mousetrap1

I have no idea how this works, but it does, here’s proof:

homemade mousetrap2

Look closely, there is a floater in there! Yuck.

This one definitely qualified as a “What You Don’t Want To See On A Home Tour!” Have a great day and remember, sometimes it makes sense to leave some things to the professionals…

Browse the blog to see more WYDWTSOAHT posts and other interesting Real Estate Related blog posts…

Go HERE to get assistance from an experienced realtor.

And go HERE to get assistance from an experienced lender that WILL Pre-Approve you!

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What You Don’t Want To See On A Home Tour

Wow, It has been a long time since I have posted! I wanted to comeback with a new segment that I will call, “What You Don’t Want To See On A Home Tour”

Sometimes while I’m out showing homes to my clients we get to run into some pretty interesting stuff. I usually don’t document it out of courtesy to the homeowner, but some things just need to be shared in hopes that sellers out there take note…

I’ll start out with this:

clown

If you want to scare buyers away, leave this clown in the closet so when they open it up they are terrified right out the door. Pro Tip: Sellers, try not to scare your potential buyers to death.

Then there’s this:

doll

Pro Tip #2: Sellers, box up the “too real for comfort” dolls. I know you love them, but the buyers probably are not familiar with the hobby. The object of the home tour is to make the buyers feel comfortable with their surroundings, not give them the heebie jeebies.

It may seem like us Realtors have it made walking through homes and collecting the big checks, but it isn’t as easy as it seems. Especially when you aren’t quite sure what you may see around the corner!

Well that does it for this installment of “What You Don’t Want To See On A Home Tour” Check in soon for the next installment. I have got some doozies!

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Pressured to buy?

Hey you home buyers out there, are you feeling pressured to buy a home these days?

It’s tough out there for sure. I will show a home that just hit the market the afternoon before and by 10:30 in the am there will be a pile of at least 10 business cards on the kitchen table. This means at least 10 agents have shown it before me! Chances are that by 4:00pm that seller will have multiple offers to review at dinnertime. In today’s market, homes are selling in hours, not days. If you want to buy a home in this environment, you’d better be ready to act fast! And because of this, the pressure is on. Making investment decisions under pressure can lead to wrong choices. Remember, it is an investment with lots of $’s at stake. DO NOT ALLOW YOUR REALTOR TO PRESSURE YOU IF YOU ARE NOT READY. Most will not, but if you find yourself in that situation, FIND ANOTHER REALTOR.

Ways to not feel pressure:

  1. Know the market. Spend time with your Realtor looking at homes in the areas you are interested in knowing that you may not end up with one of those homes. By looking at these homes, you become knowledgable about what to expect when you are ready to pull the trigger.
  2. Know your financing. Getting Pre-Qualified is not enough these days. Go the step further and get Pre-Approved. Not all lenders are willing to go through the underwriting process prior to contracting on a home, but the good, hardworking ones will. If yours won’t, find one that will.
  3. Stop listening to your neighbors, moms, dads, cousins, dogs. They mean well, but if they haven’t sold at least 50 homes, they are not real estate experts and their advice may be less than informed. If they are pressuring you, that can make you make bad decisions. Listen to your experienced Realtor for advice.

A lot must come together in order to be successful in getting a home under contract these days. Be prepared, not pressured. Contact me for more advice on this and other aspects of buying and selling homes.

Happy home buying!

Go HERE to get assistance from an experienced realtor.

And go HERE to get assistance from an experienced lender that WILL Pre-Approve you!

 

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Did you know..

Here’s a fun fact: Denver proper has only 1166 homes for sale today! the city of Littleton has 168. If you have a home in Highlands Ranch, you only have 72 other homes to compete with for sale! That’s right, 72 homes for sale in ALL of Highlands Ranch! Thinking of selling your home? Message me and I’ll tell you why now is better than Springtime…

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Is it a good time to sell my home?

 

 

Here’s something to consider. Typically the “hot time” to sell your home is smack dab in the middle of Spring. That is the best time to hit the market, right? The problem with that thinking is that that is what EVERYONE is thinking. That means when you put your home on the market when EVERYONE does, you are in competition with EVERYONE.

Stand out. Be ahead of the game and have your home on the market before the market gets flooded by EVERYONE!

Happy selling!

Go  to the Real Estate Resource Page for more advice and a FREE home pricing evaluation and search for homes.

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Why Buy A House Now? Here’s Why…

Employment is going up, Interest Rates are still down and Home Prices are still below peaks in most areas.

Employment has been a huge issue with home values. The next generation of home buyers—the Millennials—has been particularly affected by the nation’s job slump. Saddled with student loans and tight lending restrictions, many in this generation have been living with their parents to save money until the economy picks up. Employment numbers have been getting stronger month after month. The U.S. economy is finally adding jobs—about 200,000 new jobs per month. What this will do is make it possible for the Millennials to move out of Mom & Dad’s home and move into the housing market, and that is a lot of demand!

Interest Rates are below 4% right now! A loan for $200,000 will cost $764 per month, P&I. Denver Average Rent  As of November 2016, average apartment rent within the city of of Denver, CO is $1564. One bedroom apartments in Denver rent for $1365 a month on average and two bedroom apartment rents average $1765. Right now, it is more affordable to buy the homes that people are renting. Interest rates cannot stay low forever, Time to take advantage!

Hard to believe. but in some areas home prices are still below their peak in 2007-2008. That means that with the recovery, prices are expected to increase over the next few years. Buying a home now still gets you in as the values are still rising. Most indicators are pointing the the fact that we are not at the top and should’t be for some time now.

Time to buy!

Contact Jeff Hansen for more Real Estate Advice

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