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Teresa Velasquez
Realtor
    Years of Experience: 6

Direct: 208-241-9818

Office: 208-232-4100



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ERA The Brokerage
158 S Main St
Pocatello, ID
208-232-4100


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Posts Tagged ‘house sales in Pocatello ID’

Let’s Make a Deal… in Real Estate!

Monday, June 28th, 2010

It’s a great time to buy real estate and these days most buyers are looking for the ultimate deal!  Do you know how to find that great deal?  How to proceed when you know a house is going through foreclosure?  What do the banks need when you ask them to accept a short sale?  First and foremost, if you’re going to need a loan to buy real estate, are you qualified?  How do you find out what price range you’ll be able to buy in?  Answering all of these questions is part of MY JOB!

Because there is so much to know in order to buy real estate for the best price and the best terms, we’re offering a class!  Come for a brief introduction with answers to many of the questions above, and more… and then we promise individualized service to help take you through each step necessary to get you YOUR GOOD DEAL! 

This summer come to my office at ERA THE BROKERAGE, 158 So. Main St., Pocatello, ID at 6:30 p.m. on ANY THURSDAY EVENING.  The class will be brief, we’ll have the ability to start you on the road to being pre-approved for a real estate loan, we’ll search for homes that meet your criteria for the deal you hope to secure… we’ll even go out and tour a few good deals!

It’s a super time to make a deal on Real Estate!  Prices have come down, interests rates are LOW, there’s lots of inventory so sellers are motivated!  So, come on… LET’S MAKE A DEAL!

Selling Your Home in Spring & Summer (part 2)

Wednesday, May 5th, 2010

Spring Cleaning goes a long way if you’re planning to sell your home!  A home that sparkles and shines helps the buyer feel that it’s been well maintained and is in great condition. Here’s a quick checklist of sometimes overlooked items to clean:

  • AROMA… even before buyers notice the decor of the home, their nose will notice a bad smell.  If you have indoor pets you may be immune to their odor, but it’s there.  If there has been a potty problem, get the carpets professionally cleaned, replaced if necessary.  Remove litter boxes during showings and be sure to always keep them fresh.  Remove pet feeding and watering dishes… even dry pet food leaves an odor in the home.  Try to take your pets with you for showings, or at a minimum put them in the garage or backyard or in a kennel. 
  • Other smells to be aware of are cooking odors… bacon, fish, etc.  and CHILDREN odors… diapers, bedding, etc.  Be aware of these issues, take the trash outside immediately when it comes to soiled diapers, bacon drippings, etc.  Keep fresh air flowing throughout your home to eliminate trapped odors, and use plug-ins or other electrical air fresheners rather than risk burning candles.  ASK A FRIEND who’ll be honest… “does my house smell funky?”
  • Windows, inside and out. Clean after each rain storm as well and don’t forget to clean the window sills and the tracks, especially on sliding glass doors. That grime affects the ease of operation!
  • Entry doors, door jams, thresholds, knobs, doorbells, mailboxes. Every buyer has to stand at the front door while it’s being unlocked and opened. It’s the FIRST IMPRESSION of the home — and you only get one of those! Make sure it’s free of any maintenance issues — if you need to paint it, do so — and if it’s time for a new door, a beautiful front door is a great investment that will definitely impress!
  • Light switches, switch plates: they get a little built up with grime from constant touching. Wipe them down.
  • Mirrors, faucets, sinks, tubs, shower doors. Make them sparkle! You may need a good hard water remover and some elbow grease. If your tile grout is cracked, dirty or missing, take care of it.  If the caulking around the tub is globbed on, mildewed, or lacking, have it removed and smoothly replaced.  Clean, shiny bathrooms and kitchens sell houses!
  • Light fixtures. Remove and wash the glass, wipe down the fixtures. Use a good, bright light bulb and keep all rooms well lit for showings. Now is not the time for the slow-lighting compact fluorescent bulbs.
  • Appliances – especially those that will be included in the sale. Clean appliances also show the buyer that the home is well cared for, plus they’ll see value.  Use a good de-greaser around the oven, vent/hood and cooktop, and those “magic erasers” work miracles on surfaces with texture, like the front and handles of the fridge.
  • HEATING AND COOLING:  Make sure your furnace has clean filters!  Changing them monthly during heating and air conditioning season is the standard.  Wipe away dust and cobwebs from around these major components of your home so that buyers will feel that they’ve been well maintained and won’t be a problem due to age or neglect.
  • LOOK UP!  Has dust accumulated on ceiling fan blades, molding, built-in shelves, and does it look like you’ve already started your Halloween decorations with a few cobwebs in the corners?
  • Flooring: tile, hardwood, make it shine!  Carpeting: clean, vacuumed and smelling good!  If the carpet is stretched out of shape it can be not only ugly, but a tripping hazard.  Have a professional come in and stretch it smooth.

So, really the above list could be condensed into 2 words: SPRING CLEANING. Don’t let it overwhelm you, just do it, price your home right, and you’ll have your HOUSE SOLD faster and for more money!

I’d love to help you in all of your REAL ESTATE NEEDS. Give me a call today!

Selling a Home in Spring & Summer

Friday, April 30th, 2010

Spring is in the Air! Today we’ll be talking about preparing and staging your home for selling in the spring and summer. Many of the ideas and suggestions will apply anytime you’re selling a home, but regardless of the type of market, inventory almost always rises in the spring.  Homes typically show better as the weather warms, the grass turns green, and we’re able to open up our homes to the outside air and light.

The condition of a home and it’s curb appeal will greatly affect showings and ultimately the sales price.  There’s basically two types of buyers out there: 1) Those who want a bargain on a “fixer” so they can complete the repairs and gain equity, and 2) Those who will pay a premium price for a “move-in ready” home.

Since sellers are anxious to put the least amount of money into a home they’re going to be selling, they want to make the most cost effective improvements to their yard:

Maintenance: Watering, Mowing, Trimming, Edging
            A green, lush lawn goes a long way in curb appeal!  Keep it watered, weed & feed as necessary and keep it well mowed and trimmed.  Edge the lawn along the curb, driveway and sidewalks for best impact.  Re-seed any patchy areas.

            If your flower beds are lacking or non-existent, a weed-mat covered with fresh bark will give great “oomph!” for low cost and extremely low maintenance.  Especially helpful if selling a vacant home!

Speaking of maintenance, it might be smart to hire a professional home inspector prior to listing — the buyers will love the fact that you’ve already had the inspection.  You can provide them a copy of the inspection report, with repairs that you’ve already made highlighted, along with copies of receipts showing how you repaired the item.  Some of the deferred exterior maintenance items that may typically show up on a home inspection report also impact the curb appeal of your home.  Maximize curb appeal and showings by being certain to address such items as:

          Trim tree branches away from the roof and overhead lines.

          Clean leaves and debris out of rain gutters.

          Keep rain/sprinklers away from the foundation and/or window wells.  (Well maintained rain gutters and spinkler heads.)

          Wood, whether it’s the siding, trim or deck on a house, needs to be properly maintained to eliminate any peeling paint and bare wood needs a good coat of stain.

Decks and patios can really be a showcase in the spring and summer. This time of year a deck is a fun place to stage. An appropriately sized patio set helps a buyer fall in love with the idea of spending quiet evenings enjoying the outdoors of their home. Spread out  a colorful tablecloth or place mats and a pitcher of lemonade before showings for great impact.

Color really sells in the spring and summer.   A few easy ideas to bring color to the curb appeal of a home include:

          Hanging Plants and Pots/Planters on porches, steps, patios, etc. instantly brighten everything!  Group 3 potted arrangements together on the corner of your porch, patio or deck.  (Then, if you want to take those potted plants with you to your next home, it’s easy.)

          Annuals are typically low-cost and bright colors to last the summer!  Plant a few annuals stategically in the yard where they can be seen from the street.

We’ve talked a lot about the exterior of our homes.   Next time we’ll discuss what we can do to prepare the interior of our home for sale.

I’d love to help you in all of your REAL ESTATE NEEDS.  Give me a call today!

#1 Home Staging Tip: De-Clutter

Thursday, January 21st, 2010
When it comes time to think about selling your home, don’t feel overwhelmed with the large list of repairs and fix-ups you might think your house needs.  The #1 home staging tip is: DE-CLUTTER!  And cleanliness is a close second.  Clean and clutter-free is half way to SOLD!

This is the perfect time of year to work on organizing and de-cluttering your house, and really helps avoid cabin fever if you’re feeling stressed and cooped up inside.  Back-in-the-day (way before I was born!) spring cleaning had a huge purpose because many homes were heated with coal furnaces that would leave a black residue on everything.  So spring cleaning involved washing down walls, ceilings, draperies, etc.  Aren’t we lucky to live at a time when spring cleaning might mean calling in the carpet cleaners for a professional cleaning and wiping down dusty baseboards?  But the organizational factors are huge.

Over the last couple of years I had the bad habit of tossing a few things like old magazines I didn’t want to give up under the bed.  I cringed at the thought of all of this “stuff” under my bed until last week I did a deep clean of my bedroom.  There wasn’t as much stuff under the bed as I had imagined and it was not a huge project, but the feeling it gave me after the room was done is pure satisfaction!  I organized all of my drawers in addition to cleaning under the bed, dusted everything well, and even organized the basket meant for magazines to manageable!  It feels great!

So whether you’re thinking about selling your home or not, right now is a good time to de-clutter and organize for that feel-good feeling!  If you are thinking about selling your home, I have an easy to follow 20 Step Checklist to help your home show its very best!  Just call me and I’ll be happy to share!  In the meantime, let me pass on this interesting article from Better Homes and Gardens full of great organizational and de-cluttering tips:

 

 
  
Quick & Easy Clutter Fixes
 
Keep your closets, cabinets, and more organized—for good!

Clutter Cures Every Closet Can Use

Successfully Manage the Master Closet

Customize Storage Cabinets to Fit Your Life

33 Ideas for Better Organization

Buying Real Estate for Investment – Now is the Right Time!

Monday, January 4th, 2010

Buy low, sell high.  A phrase that definitely makes good sense in real estate.  Our market today combines so many favorable factors,  investors would be wise to jump on this opportunity of low prices, large inventory, low interest rates and at a time promising to be an economic turning point.  Pocatello real estate has been very even-keeled over the years, without the roller coaster highs and lows seen across the country.  Currently Pocatello prices are down slightly with 2009 third quarter statistics showing an annual drop of nearly 5%.

Affordable prices and foreclosures are attracting investors to the housing markets today, and the number of consumers interested in investing in real estate has doubled since March 2009, according to the new Move.com Homeownership Survey recently released.  According to the Move.com survey, one out of eight (12.1%) homebuyers today plan to purchase a home as an investment property, compared to 5.6% seven months ago.

With the newly expanded tax credit, current homeowners and first time home buyers can benefit.  A current homeowner can purchase a new home to live in and receive a tax credit of $6,500 while potentially keeping their current home as an investment. First time home buyers can receive a tax credit of $8,000 when “investing” in their first home to live in.  IT’S TIME TO MAKE A WISE INVESTMENT IN REAL ESTATE!  Call me with questions and let’s get started!

TOP 5 IMPROVEMENTS TO SELL YOUR HOUSE!

Thursday, November 12th, 2009

Want to sell your house faster and for more profit?  According to a recent HomeGain.com survey, the top five home improvements that Realtors recommend to home sellers based on cost and return on investment (from highest to lowest ROI) are: 

1. Cleaning and de-cluttering ($200 cost / $1,700 price increase / 872% ROI)
2. Home staging ($300 cost / $1,780 price increase / 586% ROI)
3. Lightening and brightening ($230 cost / $1,300 price increase / 572% ROI)
4. Landscaping ($320 cost / $1,500 price increase / 473% ROI)
5. Repairing plumbing ($385 cost / $1,250 price increase / 327% ROI) 

HomeGain’s recent survey shows the top do-it-yourself home improvements that Realtors recommend to home sellers. HomeGain received responses from nearly 1,000 Realtors nationwide and configured a list of the top 12 do-it-yourself (DIY) home improvements that cost under $5,000 and benefit sellers most when they sell their homes. 

Cleaning and de-cluttering continues to rank as the top suggested home improvement to sell your home (since the survey was originally conducted in 2000), recommended by 98% of Realtors, costing less than $200 and returning a value of nearly $1,700 to the home’s sale price, or an 872% return on investment. 

Many Realtors agree, especially in a buyer’s market, that sellers who make these recommended home improvements often get their homes sold faster and at higher prices. 

Rounding out the top 12  low cost, do-it-yourself home improvements to sell your house:   updating electrical, replacing or shampooing carpets, painting interior walls, repairing damaged floors, updating kitchen, painting outside of home, and updating bathroom/s.

The home improvement projects with the highest price increases to a home’s resale value are updating the kitchen ($1,200 cost / $2,850 price increase), followed by painting the outside of the home ($900 cost / $1,815 price increase) and home staging ($300 cost / $1,780 price increase). 

Inexpensive cosmetic home improvements and basic improvements greatly enhance the value of the home.  As you can see, improvements don’t have to be costly to earn you higher profits on the sale of your home.  This is just one benefit of hiring a Realtor; someone who can help you know exactly what needs to be done to get your home SOLD! 

For a free market analysis in preparation for selling your home, give me a call.  I look forward to sharing my knowledge and expertise with you to get your home SOLD fast!

Read more: http://rismedia.com/2009-11-09/home-sellers-top-5-home-improvement-projects-based-on-cost-and-return-on-investment/#ixzz0WgQk4iR4

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