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Curb Appeal
First impressions do make a difference when selling your home. Oftentimes, before making the phone call to schedule an appointment, a homebuyer will drive by your home to determine if they may be further interested. If the house presents a good impression, then you receive the phone call for an appointment. Many homes are eliminated from a potential homebuyer's list because they do not give a good first impression. The work you put into sprucing up the inside will be in vain if the exterior of your home does not draw people in. In the real estate world this is known as "curb appeal", that is, your home should be appealing to potential buyers from their initial curbside or drive-by viewing. Achieving curb appeal is not very difficult, nor does it have to be very costly. Assuming your roof, gutters, etc? are not in obvious need of repair, most of your efforts will be focused on cosmetics. Step back from your home or better yet, go to the curb and take a long objective look at your home. You may want to take a look from different angles. Compare your home to others on your block. You will be focusing on two main areas; the house itself and the landscaping surrounding your house. When observing your home, start at the top of the roof and work your way down. Write down areas that need attention. You are striving for a look that makes observers feel that your home is neat, clean and well cared for. The following areas of your exterior deserve special attention: Roof and chimney - Shingles should be intact with none missing and mortar between the bricks should be secure. Although expensive to replace, a roof or chimney in disrepair often discourages potential homebuyers. Exterior siding - If your siding needs to be painted, it is well worth the expense and time. Choose a color that is fairly neutral and that coordinates with homes in your immediate vicinity. Power washing dirty siding can make a house look almost new again. Gutters - You should repair and clean gutters. Weeds growing from your gutters are a good example of a negative first impression. Nothing says "poor maintenance" like weeds in a gutter. Windows and Trim - If the paint on the trim or windows is peeling, scrape and paint. Replace any broken glass and finally clean the windows inside and out. Front Entry Door - If your front door has not been painted in 3-4 years, consider a fresh coat of paint. Depending on the style of your home, a contrasting color from your siding may add visual interest. The front door should welcome buyers into your home. A nice looking wreath in tune with the season gives a warm homey touch. Shutters - If applicable, repair and paint if needed. Usually, a contrasting color matching the front door or a neutral color works best. Foundation - You should repair visible cracks. Basement windows should be repaired if cracked, cleaned and trim painted if necessary. It sometimes helps to paint the exposed foundation on the exterior of your home but you should avoid loud colors. Porch - Once again, repair and paint railings, posts and steps. Place a few nice chairs and a table with plants if space permits. Place a welcome mat by the door. Hanging flower baskets add a nice touch but don't forget to water them. An inexpensive idea to dramatically enrich your curb appeal is to add a brass mailbox, a new brass porch light, brass house numbers and a brass kick plate. For less that $80.00 dollars you will transform the look of your home. Now that the house's exterior is in good shape it is time to concentrate on the landscaping around your home. Your goal is to have the landscaping complement your home, not detract from or compete with it. Homebuyers should not have to look through overgrown shrubs or trees to see your home. Anything overgrown or so large that it blocks windows, doorways or sidewalks should be trimmed back or removed. Any diseased or dying plants should be removed. Aim for a few plants that serve as a focal point, and fill in with other smaller plants. Make beds deep enough to accommodate shrubs when they are fully grown (usually 5-6 feet). Visit a local nursery for ideas. You can get great ideas by simply driving around the neighborhood as well. After trimming and planting, cover the soil with a thick 3-4 inch layer of mulch. Keep the beds free from weeds, and depending on your location and season, add a few annuals for color interspersed with the bushes. Keep everything trimmed and neat so the focus is on your home. Keep your lawn cut, apply fertilizer and weed control if needed. Remember, your landscaping should enhance your home, not overpower it. Keeping everything trimmed and neat will give your home the "curb appeal" needed to make someone want to take a closer look. Once you get the potential buyer inside?well that's the subject for another article! Stay tuned. Bruce Andrews has been in the real estate business for over 20 years. He has experience in real estate investing as well as practicing real estate as a broker for several years. He is currently President of Fifty States Realty.http://www.fiftystatesfsbo.com
MORE RESOURCES: The 1960s Buff & Hensman-designed Wong House has a pool, a walled garden and downtown and ocean views. It seems as though actress Scarlett Johansson had no sooner sold her old place in the Hollywood Hills than she and her husband, actor Ryan Reynolds, closed on a house in Los Feliz for $2.9 million. Completed a few years ago, a Normandy-style estate was built to look a century old. Glen and Linda Keane felt guilty about tearing down the O'Melveny family home. After all, John O'Melveny was part of a group of Los Angeles businessmen who formed Lake Arrowhead Co. in the 1920s and oversaw the lake's development into a popular resort destination. The mortgage giant quietly launches the HomePath program, which offers subprime-era terms for buyers: minimal down payments, no appraisals, no mortgage insurance and lower minimum credit scores. If you're a buyer with little cash or a small-scale investor looking for a deal on a foreclosed house, a little-publicized national lending program could be just what you need this fall. How some of our previously featured properties have fared in the sales market. Buff & Hensman-designed beach house Lenders lose an estimated $310 million annually in undervalued short-sale transactions, according to a study released in August.
Question: I am fed up with my homeowners association and successive boards for sabotaging owner requests for records and refusing to fix maintenance problems in common areas that directly affect individual units. I believe I have no other choice than to sue the association and the boards. What are the steps I have to take?
Keeping tenant out over concerns of illegal activities may be viewed as a 'constructive eviction.' Such moves as changing the locks to prevent access can bring significant penalties. Question: I own a couple of houses that I rent out for extra income. Unfortunately, they are not in the best part of our town. I have a tenant living in one of them who may be dealing drugs or doing something else illegal because the police have arrested him several times. Every time he is arrested he makes bail and returns to the house in a day or so. Even though he pays the rent on time, I realize that I can't continue to allow him to live in my house. My plan is to change the locks the next time he is arrested, so he can't come back into the house. I know that I need to protect his property inside the house if I do this, but my plan is to move his belongings into a storage locker. I can't afford a lawyer to file an eviction case, so this is my only alternative. Will I be OK if I do this? July's increase from June in the National Assn. of Realtors' gauge for previously owned residences follows two straight months of declines and a report that sales of such homes dived 27.2%. An index of home purchase contracts for previously owned dwellings unexpectedly increased 5.2% in July over June, the National Assn. of Realtors said Thursday, a modest note of good news for the U.S. housing market. Treasury bond yields, which influence the home-loan rates, have surged since Tuesday. Mortgage rates fell for the 10th time in 11 weeks, setting fresh record lows, Freddie Mac reported Thursday. But a rebound in Treasury yields in the last two days raises the possibility that home-loan interest costs won't fall again next week. The home builder's stock soars 11% after an announcement that there will be no action taken as result of an investigation into the company's accounting procedures. Shares of Los Angeles-based KB Home soared on Wednesday after the home builder said an investigation by the Securities and Exchange Commission into the company's accounting and disclosure procedures had concluded and no enforcement action would be taken. |
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