Today on Real Estate Talk:
Market Update - A discussion on sub-prime lending and the recent changes by Freddie Mac that will impact consumer's abilitiy to get a non-conforming loan. Rates (provided by my good friend Scott Foss at Pinnacle Mortgage) as of last Friday - 30 year fixed still available at 5.75%.
Discussion Topic (Guests - Ivy Pratt of Ivy's Interiors and Lee Powell of Garland Nursery) - Had a great discussion about staging and curb appeal. Drew numerous parallels between the interior staging concepts and those for outside. Some key points:
- Focus on the color pallette and re-emphasized the need for neutral colors
- Ensuring that the PURPOSE of a room was clear, and consistent
- Getting rid of bulky furniture and clutter to open up rooms (YES, it is a good idea to rent a storage area to put some of that stuff)
- Clean, Clutter, and Color apply OUTSIDE as well. Edge and mow, get rid of weeds, fresh flowers (seasonally, you can either plant or use planters and pots)
For the seller; start across the street and really LOOK at your house, as if for the first time. Try to see your home as a buyer, from the curb, the doorway, and then inside.
E-mail questions with regard to faux finishes and bold colors and landscaping damaged by weather were answered.
One home was highlighted in the Real Estate Showcase.
For audio archives you can check at www.kgal.com/realestatetalk.asp (usually posted by Tuesday's for the previous Saturday's show).
Real Estate Talk with Dave Pautsch airs every Saturday morning from 10-11 AM on NewsTalk 1580 KGAL!
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