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Valli Hale
Realtor
    Years of Experience: 25

    GRI - Graduate Realtor Institute
    CRS - Certified Residential Specialist
    ABR - Accredited Buyers Representative
    Green - Green Designation

Direct: 214-533-4800

Office: (214) 828-4300



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Coldwell Banker
2010 Skillman St.
Dallas, TX
(214) 828-4300


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HOW TO PRICE A HOME TO SELL FAST

Posted by Valli Hale | on Sunday, November 14th, 2010 at 9:29 pm
Category: Property Pricing.
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If you are thinking of putting your property in East Dallas on the market, the following tips taken from AOL Real Estate are good suggestions. In short, price the property appropriately to begin with.

Here’s how to figure out a fair value.

1. Don’t make it personal

As soon as you decide to put your house on the market, stop referring to it as “my home” This will help you to get some emotional distance as a home seller. You can think about the pricing in a more realistic way.

2. Tour the neighborhood

Have your Real Estate agent take you around to open houses to focus on the condition of similar homes as yours and how they are priced.

3 Follow the comps

“Comps” are the price tags on homes, comparable to a seller’s that are sold. The comparison of these numbers can in itself be instructive.

4. Do a test run

Watch the activity during the first three weeks that you have your property on the market. Many showings and no offers or no showings at all means you have priced to high. You should get the price lower as soon as possible to prevent the property getting stale on the market.

5. Reset the clock

If you have already made many price cuts and no activity, you might consider taking the property off the market for awhile.

6. Make your property a good deal

If you know what homes are selling for in your area, you might price a little below that price This could generate interest among the buyers looking at similar properties.

In conclusion, getting the price right and correcting pricing mistakes quickly are two of the most important things a home seller can do to attract a buyer and get to that closing date fast.

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FALL FESTIVALS AND EVENTS IN LAKEWOOD, TX

Posted by Valli Hale | on Tuesday, October 12th, 2010 at 7:40 pm
Category: Community.
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Temperatures have fallen below the triple digits and the crisp mornings indicate fall is here! That means its Fall Festival Time! Here is a guide to several upcoming events and opportunities in the Lakewood neighborhood that you might find worthwhile attending.

1. Autumn at the Arboretum – The Great Pumpkin Festival. Each year gets bigger and better and this year has an exciting new feature in the Storybook Pumpkin Village, advertised as the only pumpkin village in the world with four walk-through houses made completely out of pumpkins.

2. Lady of the Lake Fall Benefit. This years’ featured event will be held on Saturday October 16th at the historical Lakewood Theater. It will be great fun to raise funds for the Bathhouse Cultural Center and the Love of the Lake. However, if you can’t attend this event, you might be interested in being a volunteer for other activities at the lake.

3. The 18th Annual White Rock Lake Artists’ Studio Tour on October 16-17.

4. The Lakewood Home Tour. The November 12-14 Lakewood Home Tour is a big fundraiser for neighborhood schools.

I have posted each web site for these events on the right hand side of my blog page.

Yes, fall can be a busy, colorful and fun time but it can also be a time to participate in activities and give back to the community we love so much, the Lakewood neighborhood. Hope to see you at one of these Lakewood events!

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SMALL AND GREEN IN EAST DALLAS, TX.

Posted by Valli Hale | on Sunday, September 26th, 2010 at 5:48 pm
Category: Going Green.
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In a recent survey by Trulia, more than 60 percent of the potential buyers surveyed said they wanted houses that were 2,600 square feet or less and energy efficient.

According to Steve Brown, in his article 9/24/2010, The Dallas Morning News, local builders are responding.

The 2,200-square foot house going up on Willis Avenue in Old East Dallas, will have electric bills of less than $100 a month, predicts homebuilder Jeff Baron.  But the three-bedroom house is half the size of some nearby “McMansions” in this Old East Dallas neighborhood.

“It has all the amenities of the big houses but fit into smaller space,” said Baron, who has been building for about eight years.  “More people today are asking themselves how much house they really need and more homebuyers are passing up big houses in favor of someting that’s more affordable to buy and maintain.

Baron states “This is where I’m carving out my niche – small and green.”  The exterior of the Craftsman-style house uses low-maintenance materials, and every inch is utilized for living space or storage inside.

Ted Wilson, a housing analyst for Dallas-based Residential Strategies says new homebuyers have become more conserative and price-conscious.

“You may well be touching on the next trend we see in the market.”

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OPEN HOUSE

Posted by Valli Hale | on Saturday, September 25th, 2010 at 6:34 pm
Category: Homes for Sale.
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Dallas-Lakewood-East Dallas, TX 75214

OPEN HOUSE-September 26, 2010---3:30PM - 5:00PM

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East Dallas homes…make them more energy efficient.

Posted by Valli Hale | on Sunday, September 19th, 2010 at 8:03 pm
Category: Home Improvement.
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Do you want to make your older home in East Dallas more energy efficient?      There are Federal tax incentives still available.

9 Ways to Make Your Home More Energy Efficient

September 3, 2009        By Harvey M. Sachs, Ph.D.  From the US Green Building Council’s  Green Home Guide

The house is a system. You save money and improve performance when you take cost-effective measures that reduce building loads, and then install systems and appliances that are the right size to meet the reduced loads. In general, over-sizing worsens performance and increases costs.

The most effective strategy for improving household energy efficiency is to first target your home’s envelope—walls, attic, windows, and doors. Then improve the energy efficiency of systems, such as heating, cooling, lighting, and appliances. Finally, consider clean energy generation (solar, geothermal, and so on).

 

1         Make sure your walls and attic are well insulated.

Effective insulation slows the rate that heat flows out of the house in winter or into the house in summer, so less energy is required to heat or cool the house. If your house has no wall insulation, and it has more-or-less continuous wall cavities (such as conventional stud walls), blown-in insulation can greatly improve your comfort
and save enough energy to be very cost-effective. (It rarely pays to blow additional insulation into already insulated walls.) If your attic is unfinished, it often pays to upgrade its insulation.

[ Find an energy auditor near you.  GreenHomeGuide has the nation's #1 directory of local green home professionals. ]

Your contractor’s expertise is more important than the insulation material you choose. Properly installed fiberglass, cellulose, and most foam insulation materials can all reduce the heat conduction of the completed wall system. The key is “properly installed.” Ideally, the contractor will use an infrared camera during or after installation to look for voids.

 

2         Upgrade or replace windows.

If your windows are old and leaky, it may be time to replace them with energy-efficient models or boost their efficiency with weatherstripping and storm windows. It is almost never cost-effective to replace windows just to save energy. According to EnergyStar.gov, replacing windows will save 7 to 24 percent of your heating and air-conditioning bills, but the larger savings would be associated with replacing single-glazed windows. However, if you are replacing windows for other reasons anyway, in many areas the additional cost of Energy Star–rated replacement windows is very modest, perhaps $15 per window. This upgrade would be cost-effective—and increase your comfort to boot.

 

3         Plant shade trees and shrubs around your house.

If your house is older, with relatively poor insulation and windows, good landscaping (particularly deciduous trees) can save energy, especially if planted on the house’s west side. In summer, the foliage blocks infrared radiation that would warm the house, while in winter the bare branches let this radiation come through. Of course, if your house has very good insulation and Energy Star or better windows, the effect is much, much smaller because the building shell itself is already blocking almost all the heat gain.

 

4         Replace an older furnace with a high-efficiency system.

If your furnace was built before 1992 and has a standing pilot, it probably wastes 35 percent of the fuel it uses, and it is probably near the end of its service life. In this case, in all but the warmest climates, ACEEE recommends early replacement with a condensing furnace with annual efficiency of at least 90 percent. This type of furnace wastes no more than 10 percent of the natural gas you buy, and may save you as much as 27 percent on your heating bill.

If your furnace was installed after 1991, it probably has an annual fuel utilization efficiency (AFUE) rating of 80 percent, so the savings from replacement is smaller, but would be at least 11 percent if the unit is working perfectly. Your heating service
technician or energy auditor may be able to help you determine the AFUE of your present system.

For houses with boilers and hot-water heat distribution (radiators, baseboard), the savings from a modern condensing boiler with outdoor reset or equivalent feedback controls can be substantially larger, since the condensing boilers allow reducing the circulating loop temperature almost all the time.

 

5         Improve the efficiency of your hot water system.

First, turn down the temperature of your water heater to the warm setting (120°F). Second, insulate your hot water lines so they don’t cool off as quickly between uses. Third, use low-flow fixtures for showers and baths. While storage water heater standards were raised in 2001, it was probably not enough to justify throwing out an existing water heater that is working well.

Advanced contractors are now installing “on demand” hot water circulating loops that use a small pump to accelerate delivery of hot water to remote fixtures, which works great with low-flow fixtures. These are activated when users turn on a bathroom or kitchen tap, and turn off when hot water reaches the fixture. In ACEEE’s opinion, a continuous recirculating “hotel” loop wastes enormous amounts of water-heating energy, not to mention the electricity used for pumping.

 

6         Replace incandescent lightbulbs with compact fluorescent lamps (CFLs).

CFLs can save three-quarters of the electricity used by incandescents. Most people don’t think about the fact that the electricity to run a lightbulb costs much more than the bulb itself. One of the new CFLs costs about two or three dollars, but it lasts 10,000 hours and uses only about 27 watts to generate as much light as a 100-watt
incandescent bulb. During its life, it uses about $22 in electricity, so the total cost is about $25. A 100-watt incandescent bulb costs 50 cents, but lasts 1,000 hours so you need 10 of them ($5 to buy) to last 10,000 hours. In those 10,000 hours you will use 1,000 kilowatts of electricity, which will cost more than $80 at a national average price. So the lighting cost of the CFL is less than one-third of the cost for the incandescent. The best targets for replacement are 60- to 100-watt bulbs used several hours a day, because usage affects how long it takes to recover the investment.

 

7         If you buy a new refrigerator, don’t leave the old one plugged in.

Avoid the temptation to use the old fridge as a backup for party supplies and liquid refreshment. The extra storage space will cost you: figure an extra $50–150 per year in electricity to keep that older fridge running. In contrast, the new fridge, particularly if Energy Star rated, may cost only $30–60 per year to run because refrigerator efficiency has improved so much in the past three decades. Under these circumstances, think about how much refrigeration you really need. The best rule is to have only one refrigerator, and to size it to meet your real needs. That allows the luxury of ice-makers and similar conveniences with a clear conscience.

Also consider configuration. A similarly sized refrigerator with a top-mount freezer will use 20 to 25 percent less energy than a side-by-side model and often offers more usable refrigerator and freezer space.

 

8         Take advantage of new tax incentives to improve your home.

Federal tax incentives are available through the American Recovery and Reinvestment Act of 2009. Energy efficiency incentives for upgrades to existing homes have been extended, and are now available for 2009 and 2010. These incentives now cover up to $1,500 (from $500), based on 30 percent of the cost of the improvement. Improvements can include building-envelope improvements (windows, insulation) and
heating/air-conditioning upgrades. There are also 30-percent credits, without a cap, for on-site renewables (solar photovoltaic and solar hot-water systems, small wind systems, and geothermal heat pumps).

 

9         Schedule an energy audit for more expert advice on your home as a whole.

Energy auditors and raters use specialized tools and skills to evaluate your home and recommend the most cost-effective measures to improve its comfort and efficiency, as well as the best sequence for doing them to take advantage of interactions. The rater can also provide independent verification of contractors’ work quality. Look for
raters who are RESNET Accredited. In some regions, there are Home Performance with Energy Star programs, too. Most of these programs include low-cost home assessment and strong quality assurance practices and/or inspections. 
 

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East Dallas Neighborhoods.

Posted by Valli Hale | on Sunday, September 12th, 2010 at 4:00 am
Category: Neighborhood.
Tags: , , , , , , , ,

Moving to Dallas? Want to know about East Dallas neighborhoods? As a long time established neighborhood resident of East Dallas, I welcome you to my inside-real-estate blog. I hope you will find it a one-stop source for real estate information covering the established neighborhoods of East Dallas, Lakewood and White Rock Lake.

Lakewood is a charming community of stately, large estates on acreages to small quaint cottages on winding, tree-lined streets. You will find different architectural styles such as Craftsman, Dines & Kraft, Prairie-Four Squares, Tudors, Spanish & Mediterranean Electric and Early Ranch homes, many with Austin stone.

Located just east of White Rock Lake and minutes from downtown, Lakewood is popular among downtown professionals and those who work near Baylor Medical Center. There is a strong sense of community and character here, enhanced by the Lakewood Service League, a civic and social organization that supports area charitable organizations and parks; the Dallas Northeast Chamber of Commerce, the Dallas Arboretum, the Lakewood Country Club, the Lakewood Shopping Center and the old Lakewood Theater.

For more information about the different neighborhoods of East Dallas, visit my website at www.Established Neighborhoods.com or email me with any questions you might have about locating to this area.

I’m Valli Hale and…

Valli Hale…Knows Your Neighborhood

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A Financial Plan for Your Home

Posted by Valli Hale | on Monday, September 6th, 2010 at 1:58 am
Category: Home Ownership Wisdom.
Tags: , , , ,
  • A Financial Plan for Your Home

    Your home is probably the biggest investment you’ll ever make. Create a financial plan that takes into account repairs, upgrades, mortgages, insurance, and taxes. Read

Visit houselogic.com for more articles like this.

Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®

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