Blog

Increase your homes value for $0
By Luther
April 1, 2012

Unless your home shows at its very best, it can cost you hundreds, even thousands, of dollars during its
sale.  You may also face the prospect of a prolonged listing period or even an expired listing.  Fortunately, you don’t have to spend a fortune to get your home ready for sale.  There are things such as plumbing or painting, but there are several things that you can do for no money that will help make your home ready for
sale.

INSIDE YOUR HOME:

  1. Make rooms appear larger by packing away extra furniture.  Even rent a storage unit.
  2. Clean out closets so everything appears orderly. Most people demand neatness in a home they intend to buy even if their own homes are a mess.
  3. Keep blinds and draperies open and your windows clean to let as much natural light in as possible.
  4. Make sure your kitchen is spotless. Rid clutter from countertops and organize your drawers and cabinets.  Buyers will look inside.
  5. Clean the refrigerator. Remove pictures, artwork and magnets.
  6. Make sure bathrooms are spotless.  Hang your best towels and repair all fixtures.
  7. Clean the floors as much as possible.  Wax wood floors and shampoo carpets. Bleach the grout in tile floors.
  8. Dust everything in sight.  Don’t leave dead insects in the windowsills and light fixtures.
  9. Prune all plants and get rid of ones that are dying.
  10. Take down offensive posters or artwork from your teen’s rooms and put away all toys in younger children’s rooms.
  11. Make sure your utility room is clean. Don’t let laundry lie on the floors.

 

OUTSIDE YOUR HOME:

  1. Clean the garage thoroughly.
  2. Mow the lawn and keep it well watered. Edge the sidewalks.
  3. Weed any flowerbeds and trim trees and shrubs. Uproot dead flowers, plants and shrubs.
  4. Sweep all sidewalks, patios and porches.
  5. Put away all toys, bikes, skateboards, etc.
  6. Repair any broken sprinkler heads.
  7. Make sure that pets are kept out of the way and pet areas are clean and odor free.
  8. Water the lawn only very early in the morning or in the evening.  Put ammonia sulfate on your lawn to green it up.
  9. Clean the roof and gutters.
  10. Repair a broken or sagging fence.  Make sure that the fence gate opens and closes without having to use excess force.
  11. Fix the doorbell if it’s broken and make sure that the front door is free of debris and dirt.  Make sure it opens  and closes with ease.
  12. Move firewood off the ground and away from the house.  Otherwise, this area may be noted as conducive to termites or fire ants during an inspection.
  13. Park cars down the street during showings.

 

These simple steps can do wonders to enhance your home in the eyes of buyers and maximize the profit of your home sale.

Choose your Agent wisely. Any agent will show enthusiasm and
will want to list your house for sale but choose your agent based upon;

  1. Experience at listing and marketing houses for sale.
  2. Ability to use technology to market your house world wide to buyers 24/7.
  3. Reviewing with you a comprehensive Marketing Analysis of home sales in your area.
  4. Ability to offer written detailed 30-DAY  MARKETING PLAN that will get your house sold at the highest possible price.

Working with a full time professional real estate agent is a must.  Choose your agent by asking questions of him
or her.  Find out how knowledgeable they are about houses currently for sale in your price range and also of houses that have recently sold. Can your agent recommend a good lender that has the reputation of excellent customer service and low rates to assist your new buyer with financing?  A good listing agent can get your house sold quickly at TOP DOLLAR and help you find a new home.

I have the knowledge and the resources to sell your property for TOP DOLLAR.

For prompt, courteous, professional service, call Luther Benson:

Office:      1-719-310-2404

Direct:      1-719-528-2406

Visit my
web site at:   www.lutherbenson.com

Have questions, need advice you can count on or just want to discuss this further?

Don’t waste any more time; pick up the phone and call me now!  I’m here to
help!

I appreciate you as a client and a friend. I appreciate your business, your loyalty, trust and your referrals. It is my goal to provide the very best counsel, advice and service possible for your real estate needs. If I may ever be of assistance to you, a relative, friend or co-worker please don’t hesitate to call me. I look forward to the opportunity to serve you.™

 

Real Estate Market Update for Colorado Springs March 2012
By Luther
April 5, 2012

Sales were actually down in March compared to last March for the first time in months, with a decrease of 6.8%. There are currently 3271 active single family listings on the market in the Pikes Peak region compared to 4470 last year in March, which is a 26.8% decrease. New listings on the market were down by 9.6%. The average sales price was actually up 2.7% compared to last March. With supplies down and demand up for several months in a row the
market is improving.

The median single family sales price was up 5% in March 2012. Last year's median number was $180,000 and this year's March stat was $189,000. 

There are currently 414 active condo/townhomes listings on the market compared to 628 last year in March, which is a 34.1% decrease. Sales were down in March by 3.8% compared to March 2011 and down 7.2% compared
to last month. The average purchase price for condo/townhomes was down 1% to $144,954 compared to March 2011 stats.

With demand increasing and sale prices low this is a great time to jump into the market. If demand keeps up the prices will begin to rise.

Luther Benson - Broker/Owner

Access Real Estate Professionals Inc.

22 Years of Experience

For a Free List of Distressed Homes go to:

http://www.freedistressedlistings.com

For a list of all available homes on the MLS go to:

http://www.Homes4SaleCo.com

Learn the 7 costly mistakes buyers and sellers make on my web site:

http://www.lutherbenson.com

Email: lutherbenson@comcast.net

Direct 719-528-2406

Toll Free 877-528-2406

Cell 719-310-2404

CPV, CRS

The highest form of compliment I can receive is your trust by referring me to your family,
friends and co-workers. I promise to provide exceptional service, respect and
care to you or anyone you may refer.

 

Avoid These Mistakes when selling and buying
By Luther
April 27, 2012

Unlike the experience of buying a home for the first time,
when you are looking to move up and already own a home, there are certain
factors that you must consider.  It’s very important you evaluate these factors before you list your home for sale.

Not only is there the issue of financing to consider, but also the fact that you have to sell your present
home at exactly the right time in order to avoid the financial burden of owning two homes or, just as bad, having no place to live during the gap between closings.

Most of us dream of improving our lifestyle and moving up to a larger home. The problem is that there’s sometimes a discrepancy between our hearts and our bank accounts.  You drive by a home that you fall in love with only to find that it has already sold or the asking price is way too high.  Most homeowners get caught in this hit or miss strategy of house hunting when there is a much easier way to go about the process. Your first move is to meet with a competent agent and discuss the sale of your house and necessary improvements to make.  How much you will net from your sale will determine what you can purchase.  Look at a few homes to get a general idea of availability so when you are ready to buy,
you can do so quickly.

If you want to get the best price for the home you are already selling, there are certain things you must do to
enhance its salability.  The repairs and alterations don’t have to be expensive.  Even
making minor investments can come back to you ten-fold in the price you are able to realize.  Making minor
improvements must be done before the house is put on the market in order to attain top dollar for your home.

You should plan to sell before you buy.  This way you will not find yourself at a disadvantage when seated at the negotiating table feeling pressure to sell at a below-market price because you have to meet a purchase deadline.  If you have already sold your home, you can buy a new one with no strings attached.  If you do get a tempting offer on your home but have not made significant headway on finding a new home, you might want to put in a
contingency clause that gives you reasonable time to find a home to buy.  If the market is slow and you find your home is not selling as quickly as you anticipated, another option could be to rent
out your home and put it on the market at a later date.  This can be particularly effective if you are
selling a smaller start-up home.  You’ll have to investigate the tax requirements if you choose this latter option.  Better still, find a way to eliminate the situation altogether by getting your agent to guarantee the sale of your present home.

Be sure to get pre-approved for a loan before the process of buying and selling begins.  There is never a cost or obligation involved with getting pre-approved for a loan and it will give you a significant
advantage when you put an offer on the home you want to purchase.  A pre-approved buyer will always look better
to a seller than one who does not yet have financial backing.

Your biggest decision when buying and selling is deciding which to do first.  Look for Guaranteed Trade-Up programs with your real estate agent.  This means that if you find a new home before your current home is sold, the agent will buy your home from you in order to make your move hassle free.

With two transactions to coordinate together and with all the people involved in buying and selling homes, the
chances of mix-ups and miscommunication increase dramatically.  To avoid this be sure to work as closely as
possible with your real estate agent.

Luther Benson - Broker/Owner

Access Real Estate Professionals Inc.

22 Years of Experience

For a Free List of Distressed Homes go to:

http://www.freedistressedlistings.com

For a list of all available homes on the
MLS go to:

http://www.Homes4SaleCo.com

Learn the 7 costly mistakes buyers and
sellers make on my web site:

http://www.lutherbenson.com

Email: lutherbenson@comcast.net

Direct 719-528-2406

Toll Free 877-528-2406

Cell 719-310-2404

CPV, CRS

The highest form of compliment I can receive is your trust by
referring me to your family, friends and co-workers. I promise to provide
exceptional service, respect and care to you or anyone you may refer.