By Solar Experts Get Solar March 22, 2010
North County Home Rentals is the best of the best! THEY ACTUALLY REALLY CARE ABOUT THE QUALITY OF THEIR WORK. WE HIGHLY RECOMMEND THAT YOU CHECK THEM OUT. Thank you for connecting with SOLAR EXPERTS GET SOLAR. We wish you all the success you deserve. If you or anyone you know is interested in solar electric please contact us. Let our 20 years of solar experience show you how solar pays. WE WERE GREEN BEFORE GREEN WAS COOL! LET THE SUNSHINE IN 858-775-1673 ...read more
By Solar Experts Get Solar March 15, 2010
RANCH & COAST HOME INSPECTION is the best of the best! THEY ACTUALLY REALLY CARE ABOUT THE QUALITY OF THEIR WORK. WE HIGHLY RECOMMEND THAT YOU CHECK THEM OUT. Thank you for connecting with SOLAR EXPERTS GET SOLAR. We wish you all the success you deserve. If you or anyone you know is interested in solar electric please contact us. Let our 20 years of solar experience show you how solar pays. WE WERE GREEN BEFORE GREEN WAS COOL! LET THE SUNSHINE IN 858-775-1673 ...read more
By www.solarexpertsgetsolar.com California Custom Solar September 23, 2009
CALIFORNIA REALTY NETWORK is the best of the best! THEY ACTUALLY REALLY CARE ABOUT THE QUALITY OF THEIR WORK. I HIGHLY RECOMMEND THAT YOU CHECK THEM OUT. Thank you for connecting with CALIFORNIA CUSTOM SOLAR. We wish you all the success you deserve. If you or anyone you know is interested in solar electric please contact us. Let our 20 years of solar experience show you how solar pays. WE WERE GREEN BEFORE GREEN WAS COOL! LET THE SUNSHINE IN 858-775-1673 ...read more
The Art of Pricing Your Home for Sale Realtor Rick Schuller / 760-439-6091 Source: Kudzu | Russell Shaw The pricing of a house is a major component in selling a home. Regardless of the market factors at play, the basics on pricing never change. How does any seller decide what the magic number should be? It's important to get it right the first time First let's take a look at why pricing is so important. Care and time should be taken when establishing the original listing price for several reasons: 1) Failure to sell. If the house is overpriced, it won't sell. Most studies have confirmed that the first three weeks on the market are typically the point of the highest "days on market" count on any listing. As the day count extends, buyers take it as a signal that the pricing pendulum has swung in their favor. Offers typically will come in well below "market value" if the buyers perceive the market place has ignored the property. Even if now correctly priced, the stigma is there. 3) The appraisal. The appraisal is often an overlooked factor in pricing. Even if sellers find an unaware buyer willing to overpay on the price, when the buyer applies for a mortgage, the chances are good that the lender's appraisal will force the price back down to mark activity. Sellers can miss the activity generated by a new listing, by simply pricing outside of the market. Recovering from that initial error can be difficult. 2) Extended market time. If you overprice the house with the intention of reducing the price later just to "see what the market will bear," when the price of the house is lowered, it signals to buyers that it was (and still may be) overpriced. Buyers have access to theet value. 4) Declining market vs. rising market. In a rising market, correct pricing is less critical. A home that is overpriced by say 10%, in a rising market will be correctly priced after a few months on market due to the rise in values. Conversely, in a declining market a home that is 10% overpriced, can end up 15% overpriced if the market further declines 5%. Sellers are then in the unfortunate position of chasing the market. In this scenario, the seller now must take a lower price than they would have if they correctly priced it at time of listing. Some factors that affect the price of a home Now that we have examined the reason price is important, let's take a look at the factors that affect value. 1) Location: You can't get away from this one. If your house is located in a desirable area that is in demand, you will be able to get a higher price than you can for the same house in a less desirable area. 2) Condition: A house that has been better maintained and shows better will always sell for more than one that has had deferred (neglected) maintenance and needs work. Current colors, rather than outdated ones, will affect pricing. Something as subtle as odor, can positively or negatively affect value. 3) Desirable amenities: If a house has amenities that are currently popular in the marketplace, it will bring a higher price. Spacious kitchens and master suites, granite countertops, and great rooms are all features that currently sell well. 4) Accessibility: Homes that can't be seen can't be sold. Many a home has been ignored if the showing times are too restrictive. Vacant homes often receive a higher percentage of showings due to the ease of accessibility. Methods of setting the price Last but not least, let's look at the common ways that pricing is actually set. Appraisal: Sellers may opt to obtain an appraisal before placing their home on the market. The typical cost for an appraisal is around $350. As an appraisal is "an opinion of value for lending purposes," appraisals can be above or below current market conditions. Oftentimes appraisals obtained by sellers in advance of a purchase contract will not be accepted by the buyer's lender at point of contract. As such, obtaining an appraisal for determining value may not always be in the seller's best interest. CMA (Comparable Market Analysis): A Real Estate Agent can generate a CMA, usually at no cost to the seller. An advantage over appraisals is the CMA provides not just three comparable sales, but also market time, other homes for sale, and homes that failed to sell in their listing period. Supply/demand analysis: One of the most basic economic principles affecting any commodity is the factor of supply and demand. Large increases in supply, accompanying a decline in demand will put downward pressure on pricing. Conversely, increasing demand with dropping supply will have a positive effect on pricing. It is critical that this component be examined in pricing. Online evaluations:Sites like zillow.com or realestateabc.com, allow sellers to go online for value clues. The liability with these sites is the margin for error. Zillow's own promotion says that in 65% of the cases it will be within 10% of the actual value of the home. On a $300,000 home that is a $30,000 margin of error! Homeowners should visit these sites for fun, but be cautious in establishing market value by this method. If you are wondering what your home is worth, don't hesitate to contact us. It is always our pleasure to assist our friends and clients. Realtor Rick Schuller / 760-439-6091 ...read more
By North County Home Rentals June 19, 2008
The Art of Pricing Your Home for Sale Source: Kudzu | Russell Shaw The pricing of a house is a major component in selling a home. Regardless of the market factors at play, the basics on pricing never change. How does any seller decide what the magic number should be?It's important to get it right the first timeFirst let's take a look at why pricing is so important. Care and time should be taken when establishing the original listing price for several reasons:1) Failure to sell. If the house is overpriced, it won't sell. Most studies have confirmed that the first three weeks on the market are typically the point of the highest "days on market" count on any listing. As the day count extends, buyers take it as a signal that the pricing pendulum has swung in their favor. Offers typically will come in well below "market value" if the buyers perceive the market place has ignored the property. Even if now correctly priced, the stigma is there.3) The appraisal. The appraisal is often an overlooked factor in pricing. Even if sellers find an unaware buyer willing to overpay on the price, when the buyer applies for a mortgage, the chances are good that the lender's appraisal will force the price back down to mark activity. Sellers can miss the activity generated by a new listing, by simply pricing outside of the market. Recovering from that initial error can be difficult.2) Extended market time. If you overprice the house with the intention of reducing the price later just to "see what the market will bear," when the price of the house is lowered, it signals to buyers that it was (and still may be) overpriced. Buyers have access to theet value.4) Declining market vs. rising market. In a rising market, correct pricing is less critical. A home that is overpriced by say 10%, in a rising market will be correctly priced after a few months on market due to the rise in values. Conversely, in a declining market a home that is 10% overpriced, can end up 15% overpriced if the market further declines 5%. Sellers are then in the unfortunate position of chasing the market. In this scenario, the seller now must take a lower price than they would have if they correctly priced it at time of listing.Some factors that affect the price of a homeNow that we have examined the reason price is important, let's take a look at the factors that affect value.1) Location: You can't get away from this one. If your house is located in a desirable area that is in demand, you will be able to get a higher price than you can for the same house in a less desirable area.2) Condition: A house that has been better maintained and shows better will always sell for more than one that has had deferred (neglected) maintenance and needs work. Current colors, rather than outdated ones, will affect pricing. Something as subtle as odor, can positively or negatively affect value.3) Desirable amenities: If a house has amenities that are currently popular in the marketplace, it will bring a higher price. Spacious kitchens and master suites, granite countertops, and great rooms are all features that currently sell well.4) Accessibility: Homes that can't be seen can't be sold. Many a home has been ignored if the showing times are too restrictive. Vacant homes often receive a higher percentage of showings due to the ease of accessibility.Methods of setting the priceLast but not least, let's look at the common ways that pricing is actually set.Appraisal: Sellers may opt to obtain an appraisal before placing their home on the market. The typical cost for an appraisal is around $350. As an appraisal is "an opinion of value for lending purposes," appraisals can be above or below current market conditions. Oftentimes appraisals obtained by sellers in advance of a purchase contract will not be accepted by the buyer's lender at point of contract. As such, obtaining an appraisal for determining value may not always be in the seller's best interest.CMA (Comparable Market Analysis): A Real Estate Agent can generate a CMA, usually at no cost to the seller. An advantage over appraisals is the CMA provides not just three comparable sales, but also market time, other homes for sale, and homes that failed to sell in their listing period.Supply/demand analysis: One of the most basic economic principles affecting any commodity is the factor of supply and demand. Large increases in supply, accompanying a decline in demand will put downward pressure on pricing. Conversely, increasing demand with dropping supply will have a positive effect on pricing. It is critical that this component be examined in pricing.Online evaluations:Sites likezillow.comorrealestateabc.com, allow sellers to go online for value clues. The liability with these sites is the margin for error. Zillow's own promotion says that in 65% of the cases it will be within 10% of the actual value of the home. On a $300,000 home that is a $30,000 margin of error! Homeowners should visit these sites for fun, but be cautious in establishing market value by this method.If you are wondering what your home is worth, don't hesitate to contact us. It is always our pleasure to assist our friends and clients.Realtor Rick Schuller / 760-439-6091 ...read more
By California Realty Network June 19, 2008
Owning vs Renting a Home Source: SD Connection Reasons to Rent There is definitely an upside to renting: Flexibility. Check out neighborhoods if you are new to town or are researching where you want to buy. By renting you can test an area without committing to it. Uncertainty in your career. If you think you might need to move in the near future, or are mulling job changes that span several areas of town or are located elsewhere in the country, you might want to rent, since buying ties you down to a greater extent. Uncertainty in income. If you expect a pay hike or pay cut in the near future, that can change your borrowing ability as well as impact your ability to pay a mortgage. Got bad credit? Creating a history of on-time rental payments can help you build the sort of credit you need to qualify for a mortgage. No maintenance. When the pipe leaks under the sink, you don’t head to Home Depot, you head for the telephone and call the landlord. Incidental expenses. The landlord pays for many utilities such as water, sewer, garbage, and in some cases heat and hot water as well. Not subject to downward movements in home prices. If we are in a housing bubble, you don't lose money. (On the other hand, if house prices keep going up, you lose money). May be less expensive than owning. If the cost of renting is less than the cost of buying, you can use the excess money for other purposes, such as investment or furniture. If you are in a market with declining real estate values. If home values in your area are dropping you may get a better deal on the home if you wait. Let someone else take the loss instead of you. But there is a downside too: You may have no control over the fluctuation of your rent, a big budget item that can change often. Long-term budgeting becomes more difficult. Reasons to Buy There are upsides to buying a home: Equity. When you pay rent, you don’t own anything. When you pay a mortgage, you increase your degree of ownership in your home with every payment. Also, you can borrow against your ownership (or equity) in the home to pay for major purchases, refinance your home at favorable rates, or, once you’ve paid the entire mortgage off, borrow to fund major purchases like a second home or your child’s education. Creative control. So, you like dozens of pictures on the wall? Well, hammer away — they are your walls now. Go ahead and paint them mango! Wish you had another room? Go ahead and add one. Maintenance choices. If you live in a house, you can decide how to approach maintenance, either doing it yourself or picking your own contractor. If you live in a condominium or homeowners’ association, you may pay a monthly fee to have maintenance work covered by the association’s contractors. While a home is a good investment — and let's face it, you have to live somewhere — many financial experts caution against purchasing a home simply as an investment. Historically, the real estate market increases have been slow and steady, not meteoric -- depending on where you live. The stock market, on the other hand, has generated returns of between 8 and 10 percent pretty steadily for decades. Is Renting Cheaper? That depends on your market and where you choose to live. One financial planner said he has advised some potential buyers to wait. In areas where home prices have skyrocketed and the rental market has flatlined, young buyers are better off renting and putting money aside for the purchase when (or if) the market corrects itself. And consider whether or not you like to do maintenance. Homes cost money. Appliances break, roofs leak, and you are the lucky soul who gets to pay the bill. If you are renting, landlords pay the plumber and water/sewer and garbage bill to go along with it. But, of course, there is that tax break. Depending on your tax bracket, a first-time purchaser’s 1040 tax deductions heavily subsidize housing expenses in the first few years. Since a 30-year fixed mortgage requires high interest payments — all deductible — at the beginning of the loan, you deduct a larger share of the mortgage cost early in the life of the loan. The Rent To Own Alternative A relatively uncommon, but viable, way of obtaining a home is rent to own (aka lease/purchase). This alternative is normally used when a buyer is unable to secure conventional financing, yet wants to build equity now. Here's how it works: A home is made available via a standard lease with one important addition. Included is an option to purchase that home at a specified price over a specified time period (usually one or two years). In order to acquire that option, the renter/buyer must pay a one time, NON REFUNDABLE, fee called the option consideration. The exact amount is negotiable, but it is usually ranges from 2.5 to 7% of the purchase price. A fair contract will credit the buyer 100% of that option consideration upon closing of the sale. Furthermore a negotiated percentage of all rent payments should be applied toward the purchase price of the home. Whatever you decide, California Realty Network is the one-stop center to realize YOUR Dream Home Dream! "Realtor Rick" Schuller (760) 439-6091 ---------------- homes for rent, houses for rent, rental homes, house rentals, home rentals, house for rent, rental properties, rental property, rental houses, rooms for rent, house rental, home for rent, beach house rentals, home rental, rent houses, north county property rentals, rentals properties in oceanside, houses to rent, rentals properties in san marcos, rentals properties in escondido, ...read more
By California Realty Network June 09, 2008
Moving can be a stressful time. You have to worry about loading and unloading everything and a host of other duties. The most important part of moving is loading the moving truck. Planning ahead when loading the vehicle will make the mover go much smoother. ...read more
