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Has the bubble burst hurt the equity in your home? National Association of Realtor's report that homes have decreased in value from 2006 down 25%-50% depending in the area you live in. How do you build back some of your lost equity? There is a new term in the real estate world called being underwater. This means that you owe the bank more on your mortgage then it will appraise for. When I get asked buy my clients how do I increase my equity to sell there home this is what I tell them. 1st start with your landscaping. Perception is 90% of realty. You have to have curb appeal. Plant flower's, replace dead bushes and grass. Trim your hedges and trees so they can see the home from the road when they drive up. 2nd is your kitchen. Modernize and start with cabinets. Hard woods and darker cabinets are back in stile. Get rid of that pickled look and the white ones. My wife and I had ours painted a dark brow and what a difference it made. Appliances have changed from white to stainless and now black is in stile. Counter surface that are hard surface including granite, Corian and now poured concrete is the newest fashion. New sinks and colors are out and of course the new faucets make a huge difference in updating your kitchen. 3rd place is your bathrooms. Replace your toilets with one piece and low water/green toilets. Tile flooring, tile showers, tile walls are a look that makes your bathroom look waterproof. If you do it yourself or hire a contractor make sure you shop prices. I have found a lot of fixtures on a site called overstock.com. If you use a contractor check them out on Angies list and make sure they are licensed and bonded. I would always get two bids and see which one you want to work with. These improvements will pay for themselves and add back some of that lost equity.

 


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RE/MAX Southern Realty, Southern Resort
When I teach my prospecting class I use gardening as a metaphor. It takes a lot of hard work to grow a productive and rewarding garden. First you have to plan out your location or pick your target market You will need a few good tool's. Next till…
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RE/MAX Southern Realty, Southern Resort
7th Special Forces Group has broke ground for there base of the future. Just south of Crestview, Florida on the USAF Eglin Reservation. Special Forces including Green Berets will have there first new state of art base built in 67 years. This 600, 000…
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RE/MAX Southern Realty, Southern Resort
I teach a real estate class on "How to Write Your Business Plan". Real estate agents don't plan to fail, they just fail to plan. With only a few days until the New Year it is now time to set your goals and write your 2009 business plan. If you would…
Boggy Bayou Mullet Festival- Niceville, FL
RE/MAX Southern Realty, Southern Resort
One of the South's most celebrated festivals. The mullet is a fish that inhabits our local waters. Mullet are a vegeritian fish, they think they can fly always jumping and they are the only fish that have a gizzard like a chicken. Local fisherman…
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RE/MAX Southern Realty, Southern Resort
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RE/MAX Southern Realty, Southern Resort
What is the difference between agents who are selling, having their best year, closing 20-30 deals per month and other agents who have not even closed 2 this year? Listings. Have you ever heard the phrase "If you dont list, you don't last? " This is…
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RE/MAX Southern Realty, Southern Resort
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Vote for Who?
RE/MAX Southern Realty, Southern Resort
The more I read about the 2 candidates the madder I get. Oboma is going to take away our Homestead Tax exemption. People will have to pay income tax on any equity they may have when they sell. Its not bad enough that if he is elected that he will…
Banks, Short Sales, HOGWASH
RE/MAX Southern Realty, Southern Resort
I held a Master-Mind meeting this past Friday. There where about 20 agents, 1 appraiser, Title agent and a 1 commercial and 1 Residential lender. Topics we discussed about this wild and crazy market. Appraisers are using short sales and foreclosures…
 
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Kerry Veach

Destin, FL

More about me…

RE/MAX Southern Realty, Southern Resort

Address: 34894 Emerald Coast Pkwy, Destin, Fl, 32541

Office Phone: (850) 837-1880

Cell Phone: (850) 259-2341

Email Me

Real Estate on the Worlds most beautiful Beach. Emerald Coast, Destin Florida


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