Why is Curb Appeal Important?

What is curb appeal?

Curb appeal is what your home looks like from the outside. What does the exterior of your home look like?

Why is curb appeal important?

It is very important because it is the first impression buyers get of your home. A lot of people make an assumption that if the outside of the home is taken care of, that must mean the inside is taken care of as well.

I’ve had certain clients drive up to a house and were immediately turned off because the outside was a mess.

What are some tips on curb appeal?

There are some things you can do to improve your curb appeal: repainting or refinishing your front door, replacing address numbers, replacing light fixtures and cleaning up your landscape.

If you have any other questions on curb appeal or selling your home, please give me call!

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New Hot Tempe Investment Property For You!

I have a great fix and flip investment property for you in Circle G Ranches in Tempe, in highly desirable Kyrene School District.

 

It’s in a $1 million dollar neighborhood and the seller is only asking $579,000 (but I think I can help you negotiate to the low $500’s).

It’s going to take 125-150 thousand to fix it up, but based on my experience that once you do this, a buyer today would be willing to pay at least $825,000 for it.

 

The home has been on the market for only two weeks…and it’s a gem. I wanted to get this note out to you in case you or someone you may know may be looking for a great investment opportunity.

 

I have a list of contractors you can hire to get the work done, so call me and they will go out and put together an exact bid for the recommended renovations based on what I know buyers want right now in our market.

 

If you don’t have all the cash to do the deal – and you can handle the risk which I’ll help you minimize – I can also refer you to a hard money lender.

 

From the time you close on the property to completing the renovations it will take about 8 weeks. The average “days on market” at that price range and area is about 60 days – so you can expect to turn your money over in under 4 months.

 

Call me at 480-776-5200 and let me show you the property. I can even get the contractor out there at the same time so you get an instant bid on the work. I’ll make the recommendation for improvements, again, based on what I know buyers want.

 

Here’s a link to learn more about the property: Click here to view listing>>

 

Let's make you some money!

 

Call me at 480-776-5200.

 

        

 

What's Going on in the Phoenix Market?

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We have seen a massive increase in home prices, a 24% increase from last year. There are a lot of buyers and little inventory.

How many homes are available as possible investment properties right now?

There is an extreme lack of inventory. There is about an 11-15 day supply of move in ready homes. This is the lowest it has been in four years. Buyers are having a very hard time finding move in ready properties.

This doesn’t mean, however, that there aren’t homes that can be fixed up. It is an ideal time as an investor to create a ready product for buyers needing loans under the FHA loan limit.

What’s the outlook for the tenant and homeowner demand over the next 12 months?

State Farm Insurance is building the largest office complex in Arizona, right here in Tempe. This development is expected to create a lot of jobs and bring more new businesses to Tempe, creating the need for more move in ready homes in the surrounding areas. 

Tips for a Neutral Makeover

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You want to sell your home quickly. The fastest way to do so is to start depersonalizing your home to create a blank canvas. You don’t want to distract the buyer with your personal belongings, so pack up the photos, and let the buyer imagine their own photos on your walls and knick-knacks on your shelves all the while saying, “I can see myself living in this home!” 

Less is more. To help create the blank canvas, paint is inexpensive and it will increase the value of your home, but you need to choose a neutral palette. The goal is to appeal to the masses because when you do, you get more showings, which leads to more offers and then, ultimately, the highest price possible for your property.