sacramento real estate: Should You Purchase A Fixer-Upper?
- 04/04/24 12:36 PM
Thinking of buying a fixer-upper? 🏚It can be a rewarding investment, but it also comes with its own set of challenges.Here are some pros and cons to consider ↓↓↓PROS 👍01 – Potential Cost Savings: Fixer-uppers are often priced lower than move-in-ready homes, providing an opportunity for cost savings.02 – Customization: You have the flexibility to renovate and design the home according to your preferences and needs03 – Equity Building: Improvements made to a fixer-upper can increase its overall value, allowing you to build equity over time.CONS 👎01 – Unforeseen Costs: Renovation projects often come with unforeseen expenses, and initial estimates may … (4 comments)
sacramento real estate: My Proven Pricing Strategy
- 03/28/24 11:35 AM
I’ve been selling homes for 35 years, and this strategy always works.Alright, here’s the strategy. First, I use market data to determine what your house is worth.As a process, it’s a science and an art. And I’ll go ahead and tell you now, online estimators simply aren’t able to do that.Once I determine the market value of your home (aka the ball park it should sell in), then I determine what price we should list at.Yes, they are different. Pricing your home right on the mark of what it’s worth can actually result in longer days on market and a lower sales price.What? … (3 comments)
sacramento real estate: Different Types Of Home Loans
- 03/28/24 11:16 AM
There’s many different loan options….Here are some of the common ones 👇01 – 𝑪𝒐𝒏𝒗𝒆𝒏𝒕𝒊𝒐𝒏𝒂𝒍 𝑳𝒐𝒂𝒏𝒔: These are standard mortgage loans not insured or guaranteed by the government. They typically require a down payment of 3% to 20% of the home’s purchase price.02 – 𝑭𝑯𝑨 𝒍𝒐𝒂𝒏𝒔: Insured by the Federal Housing Administration, these loans help borrowers with low down payments and lower credit scores.03 – 𝑽𝑨 𝑳𝒐𝒂𝒏𝒔: Available to eligible veterans and military personnel, VA loans offer favorable terms, including no down payment and flexible qualification criteria.04 – 𝑼𝑺𝑫𝑨 𝑳𝒐𝒂𝒏𝒔: These loans, offered by the U.S. Department of Agriculture, are designed for … (3 comments)
sacramento real estate: 5 Signs It's Time To Sell
- 03/15/24 11:56 AM
If you’re considering selling but not quite sure, here are 5 signs that might indicate it’s time to take that next step 👇➡ If your current home doesn’t quite match your lifestyle anymore, it might be a sign to consider selling. Maybe your family is growing, or you’re now an empty-nester looking for something cozier.➡ Do you often find yourself bumping into furniture or wishing for more storage? If your home is starting to feel a little cramped, that’s a signal it could be time to move on to a bigger place where you can stretch out and breathe freely.➡ If … (3 comments)
sacramento real estate: A Staged Home Sells Three Times Faster
- 03/15/24 11:50 AM
Research has shown…That a staged home sells 3 times faster than a non-staged home!– and 70% of real estate agents stated that home staging increased the offer value on a house by up to 10%.📈First impressions are everything and staging can significantly enhance your home’s appeal and make it more attractive to potential buyers.Here are my 🖐 staging tips…01 – Depersonalize and declutter02 – Clean, clean, and then clean again. 🧽03 – Use a light neutral color palette + add pops of color04 – Use real plants and flowers throughout the home 🪴05 – Don’t forget about the front yard! That’s … (2 comments)
sacramento real estate: March Is The Best Time To Buy A Home
- 03/07/24 01:01 PM
March is the ideal month to start home shopping.Here’s why 👇💐 Spring is coming, which is typically the busiest time in real estate. If you start to look now, you’ll get a head start!☀️ As the weather improves, typically more people start listing their homes and you’ll have more inventory to choose from.🌳 Homes tend to look more attractive due to the curb appeal, blooming flowers, and greener landscapes.💰 Sellers listing their homes in March may be motivated to make a deal, especially if they’ve been waiting through the slower winter months.📚 School planning and consideration is a big reason why … (4 comments)
sacramento real estate: How Do You Know How Much Equity You Have?
- 03/01/24 10:44 AM
How Do You Know How Much Equity You Have? EQUITY = LEVERAGE Leverage for what? Your next home or real estate investment. How do you know how much equity you have in your home? It’s simple: Current value of your home MINUS Current loan balance EQUALS Home equity And how do you know what your home is currently worth? Hint: online estimators that start with Zillow won’t give you a full picture. The best way to determine the current value of your home is to compare recent sales, current market trends and weigh the specifics of your home. Only a local real estate expert can advise you on the current value of your … (4 comments)
sacramento real estate: Can I Afford To Purchase A Home?
- 02/23/24 11:44 AM
Wondering if you should stop renting and purchase a home of your own?Here are some questions to consider ↓↓↓01 – Do you have financial stability?02 – Are your long-term plans to stay in the area?03 – What’s the market like?04 – Do you have enough for a downpayment and other monthly costs?05 – Do you have a good credit score?👉🔥 Remember, the decision depends on your personal and financial circumstances.If you are currently renting and wondering if home ownership is a possibility for you – let’s chat!If you’re not where you need to be now, we’ll set a plan and set … (4 comments)
sacramento real estate: How To Win A Bidding War In Real Estate
- 02/21/24 10:50 AM
How To Win A Bidding War In Real Estate Want to know a secret?It’s not always about price....Whether I'm on the buyer side or the sales side, there’s one thing for sure… price is not the only factor we consider when writing or reviewing an offer.While many sellers are concerned with getting the highest price on their home, sometimes there are other circumstances or motivations that will take priority over a negligible difference in price.For example, some sellers have a specific timeline they must adhere to…If they need to close quickly so that their proceeds can be applied to their next purchase, … (1 comments)
sacramento real estate: If you want to move in the summer, start planning NOW!
- 02/16/24 10:17 AM
Did you know that it typically takes about 3 months to move? → Of course the timeline for buying or selling a home can vary based on several factors but that’s a general estimate.If you’re thinking about moving in the summer – a good time to start preparing is now! It typically takes a few weeks to prepare your home (or to search for a suitable home if you’re a buyer). Offer and Negotiations can take a few days. Inspections and Appraisals can take 2-4 weeks. Closing takes approximately 30 days.These are just general timelines but it’s important to know the … (2 comments)
sacramento real estate: Why I Love Real Estate And You Should Too
- 02/14/24 10:57 AM
Why I Love Real Estate And You Should Too There’s so much to love about real estate beyond swoon worthy houses and exceptional design. Real estate represents so much more than that. Real estate represents home. Which is where so many of the moments - mundane and monumental - exist. It’s where memories are made and families are raised. And even beyond that, real estate can be a powerful source of wealth for the majority of homeowners. Did you know that the average homeowner in the US has $200,000 in equity in their home right now? Homeowners have a median net worth of $255,000 while … (2 comments)
sacramento real estate: Important People on Your Side in Real Estate
- 02/01/24 09:08 AM
They are important 01 – Real Estate Agent02 – Mortgage Lender03 – Home Inspector A real estate agent facilitates property transactions by representing buyers or sellers in the buying, selling, or renting of properties. A mortgage lender provides financing for real estate purchases by offering loans to homebuyers based on creditworthiness and determining loan terms. A home inspector assesses the condition of a property by conducting thorough inspections, identifying potential issues to inform buyers about the property’s overall condition before a real estate transaction. If you or someone you know are thinking about buying or selling , please message me! I’d … (1 comments)
sacramento real estate: How To Deal With A Loved One's Real Estate
- 01/25/24 12:43 PM
Your loved one has passed away and you are grieving and you have to deal with Real Estate. Now what? There's so much to consider and of course you don't feel like it. If you're the one that's left responsible for the estate you mostly likely have to deal with it. I had to do this twice in 2021 myself for my family. It's not easy, it's stressful and you need help . Since that time, I have helped many, many families in the same situation. Things to think about... 1️⃣ Is the property in a trust? If it is, what … (2 comments)
sacramento real estate: What To Do About Unpermitted Work?
- 01/23/24 12:43 PM
Ever wondered what happens if you find your dream home, but discover it has unpermitted work? You're not alone. Here's what you need to know. Firstly, unpermitted work can range from minor cosmetic changes to major structural renovations. The key question is: how does this affect the home's value and safety? Here's the deal: unpermitted work can pose risks. It might not meet building codes, which can affect insurance and financing. The way I see it, there are 3 options on how to handle it. Option one: Get it permitted. This might involve inspections, upgrades, or even reversing the changes. Yes, it can be costly … (3 comments)
sacramento real estate: Stop Trying To Time The Market
- 01/18/24 09:50 AM
Stop trying to time the market! Quit waiting for the perfect moment! Listen to what you should do instead! #realestate #realtor #elkgroverealtor #homeownership #househunting #realestatetips #sacramentorealestate #realestateagent #sellingyourhome #buyingahome #sacramento … (3 comments)
sacramento real estate: 10 Things That Matter Most To Homeowners
- 01/09/24 12:58 PM
So, what turns YOU on? About homes, that is! We all have specific things we look for when it comes to a romantic partner, and it’s really no different when we’re looking at homes. According to a recent study from HomeAdvisor, here are the things that matter the most when it comes to buying a home. #1, Price. Of course, right? Money talks, and for most buyers, it’s absolutely the first thing on their minds. #2 was home size. Many people move because they outgrow their previous home, so this makes sense that it would be in the number 2 spot. … (0 comments)
sacramento real estate: Holiday Cocktails To Warm You Up This Season
- 12/21/23 09:42 AM
I can’t decide which is my favorite. These holiday cocktails are sure to warm you up this season! Pomegranate Margarita: a twist on the classic margarita that adds a festive red pomegranate juice Cranberry Ginger Mimosa: sweet and spicy mimosa with a festive red color. Pear Tree Martini: I love this less conventional option for the holidays. Which one is your favorite? If you’re looking to make a move to or in Elk Grove, it’d be my honor to guide you through the process. DM me to set up a time to talk. See All Elk Grove Homes For Sale Now #findahomeinelkgrove #elkgroverealtor #moderegroup #realtor #holidaydrinks … (2 comments)
sacramento real estate: Is A New Home On Your Wish List?
- 12/14/23 12:10 PM
Is a new home all you want for Christmas? 🎅🏼 Then, it’s time to start making a holiday home wish list 🎁 First, start by prioritizing your “wants” vs. “needs”… Some things on a “wants” list would be items new appliances, updated kitchen and bathroom, new windows, pool, etc. Some examples of a “needs” list would be number of bedrooms, square footage, school system, neighborhood safety, overall condition, commute time to work/school, etc. 👉 If you’re ready to start, just comment ” WORKSHEET” and I’ll send you the Home Priority Guide Worksheet! #homebuyerlist #prioritylist #realestateagent #realestate #findahomeinelkgrove #elkgroverealestate #sacramentorealestate #moderegroup #realestatemadesimple SEARCH ALL HOMES FOR SALE NOW! … (1 comments)
sacramento real estate: Is It Time To Downsize?
- 11/28/23 10:28 AM
Wondering if downsizing is the best option for you? Take these things into consideration: Empty Nest: If your children have moved out, leaving empty bedrooms and unused spaces, it might be a sign that your current home is too large for your needs. Financial Strain: If you’re struggling to keep up with mortgage payments, property taxes, maintenance costs, and other expenses related to your current home, downsizing can relieve financial stress. Maintenance Overload: If you find it increasingly difficult to maintain your current home due to its size or age, downsizing to a smaller, more manageable property can save you time and money. Health … (1 comments)
sacramento real estate: Why Fall Is A Great Time To Buy A Home
- 11/22/23 10:37 AM
Fall can be a great time to buy a home for several reasons! Less Competition: In many areas, the demand for homes tends to decrease in the fall compared to the spring and summer months. With fewer buyers actively looking for homes, there’s less competition for the same properties. This can translate into more negotiating power for buyers and potentially better deals. Motivated Sellers: Sellers who have their homes on the market in the fall may be more motivated to sell. They might be relocating for work, dealing with a change in their family situation, or looking to sell before the end of … (3 comments)
Lori Mode of Keller Williams Realty, Sacramento Real Estate including Elk Grove and surrounding areas, including home listings, home prices, community information, local statistics, foreclosures and short sales.
If you ever have any questions, comments, suggestions, or anything else, please contact me using one of the methods below. Also be sure to engage in the conversations taking place within each post!
Thinking of buying a fixer-upper? 🏚It can be a rewarding investment, but it also comes with its own set of challenges.Here are some pros and cons to consider ↓↓↓PROS 👍01 – Potential Cost Savings: Fixer-uppers are often priced lower than move-in-ready homes, providing an opportunity for cost savings.02 – Customization: You have the flexibility to renovate and design the home according to your preferences and needs03 – Equity Building: Improvements made to a fixer-upper can increase its overall value, allowing you to build equity over time.CONS 👎01 – Unforeseen Costs: Renovation projects often come with unforeseen expenses, and initial estimates may … (4 comments)
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