Tag Archives: Peters and Associates

Ways to Make Your Home Sell Faster and For More Money

In addition to right pricing, condition, condition, condition is the watch-word for selling a home faster and for more money.  Simple fixes and staging practices can focus buyers’ attention in the right places and keep them from getting sidetracked by personal items in the home.
 
Condition Affects Perception   
 

Presentation begins with online pictures and continues with the front yard and door, and are the buyer’s first impression of your product.  If buyers won’t drive by or leave the car, you can’t make the sale.  Clean the gutters, paint the front door, pull weeds and spent flowers, polish the hardware, and power-wash walkways and siding.  Pay attention to the specific needs of each season.

 

 Be prepared for a white glove inspection. Prospective buyers pull open drawers, look in closets and peek behind the shower curtain, and inspect the oven. Mop, dust, vacuum, clean baseboards, wash windows. Make sure the house looks fresh and smells neutral. 

 

Eliminate furniture that makes rooms feel crowded or décor that will distract buyers from your home’s architectural features.  


Use furnishings to give each space a logical identity.  Although it may have worked best for your family to use your formal dining room as a home office, get rid of the desk and computer, and bring back the dining table and chairs.


Eliminate countertop clutter. A countertop covered with small appliances and utensils looks crowded, not spacious. Store personal items, including toiletries; stash family photos and team and religious memorabilia.  Remember, you are preparing your home to become a product for market; one that appeals to the broadest market.  Don’t feel offended that your REALTOR® insists your coveted widget collection is stored, away from view.  Plus, the condition or state of your property’s storage capability is very important to buyers whether the home is 1100 square feet or 11,000 square feet.   Make the place look both spacious and suitcase ready.


Dripping faucets, burned-out light bulbs, and squeaking hinges become a distraction and can falsely magnify a home’s need for routine care and maintenance and tend to make the buyer question the condition of other items that can’t be seen, such as the HVAC, roof, and other expensive items.

 

Finally, ask yourself, “Is this property’s condition what I would like to see when I go house hunting this afternoon?”

 

Condition Affects Proposition$

 

The buyer is mentally subtracting thousands of dollars from your list price with every flaw he sees and his perception of your property will be reflected in the offer price.

 

Condition Affects Performance

 

With FHA loans offering competitive rates with conventional loans, and the FHA lending requirements more attainable by a larger number of prospective home buyers, condition becomes important where an appraiser in concerned.  Same is true for VA loans.  FHA and VA appraisers have a much different inspection checklist than if he or she were inspecting for a conventional loan.  Condition is key.  Some defective items may be required to be repaired prior to closing.  This can come as quite a shock to both sellers and buyers, especially when the condition of the house has resulted in a much lower sales price than allows the seller needs to cover the cost of required repairs.   Buyers may find that sellers are not willing to make the necessary repairs and it may leave them vested in the process, but unable to get money spent on inspections refunded.  Here’s where you’ll need a savvy real estate broker on both sides of the transaction who’ll make sure the seller’s and the buyer’s best interests are protected with knowledge of what FHA property conditions are.  This will help insure an smooth, on-time closing.

 

 

 

For a checklist on how to prepare your home for market, email your request to: chrystal.safari@gmail.com

 

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February 2006

I highly recommend Chrystal Safari as a Real Estate Broker. In the selling and purchasing of our home she worked with us for over 9 months, even before we were sure about selling and re-purchasing. With her input we were able to sell our home in 7 days. In the purchasing of our new home Chrystal was very patient and extremely knowledgeable. Chrystal took us thru several neighborhoods and areas and providing us with great feedback and input on what is a great investment and purchase for our family.  Chrystal has a great knowledge of real estate, including national markets and international markets. Chrystal was born and raised in the area; she has lived aboard and has strong ties to the international communities here in Charlotte. Chrystal has provided us with so much information, I think it would be worth your time to just take a couple of minutes and speak to her about what you and your family’s needs and desires are in your new home.

Desi and Dinika B.
South Charlotte

 

 

 

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YOU COULD RECEIVE $23,000 to buy this home!*

400 North Ridge Avenue, Kannaplois, North Carolina is a longtime family home new to the market.  It’s priced well below tax value for quick sale!

This home is approximately 1500 square feet and has updates including newer roof, newer kitchen, central heating and air conditioning. Imagine working in the Full Basement with Wired Workshop with ample Storage, and sharing meals and making memories in the Large Eat-In Kitchen with Breakfast Island, Wrap-around Deck entered from both the Utility/Mudroom and Master Bedroom, En Suite 3rd Bedroom w/Shower Bath, Formal Living Room with fireplace and Dining Room.  With Hardwoods throughout under the carpet, buyers can further update with your preferences. Sold As-Is.

Walk to BioTech Campus, Close to Highway 85, and moments away from shopping, dining, and entertainment.

This home qualifies for the Renovation Loan— receive up to $11,000 @closing to update with great 30 year fixed rates!  With Buyer Incentives from the seller and the government, as well as a special offering if you use me as your buyer’s agent, YOU COULD RECEIVE $23,000 to buy this home!*  

Buyers who are under contract by February 28, 2010, with me as Exclusive Buyer’s Agent may qualify for Peters & Associates, Inc., Cash Back @Closing Buyers Rebate Program* which can provide significant cash savings to you.  This Cash Back is reflected on the HUD Statement and can save you a considerable amount of closing costs toward items such as Legal fees, Disbursements, Property Tax, Title Insurance, Moving costs and others where applicable.

 While you wait for the Government’s Tax Credit, please accept the limited time offer of 33% Cash Back @Closing in appreciation of your business.  I hope it encourages you to work with me soon.

To calculate the potential cash back, multiply the Sales Price by 3% (where the Seller’s Agent pays the Buyer’s Agent 3% commission of the Selling price) and that subtotal by 33% for my Cash Back Buyer Rebate contribution on your behalf. 

EX: $110,000 sales price x .03 (Firm’s Buyer’s Agent Split of 3%) = $3300 x .33 = $1089 CASH Back Rebate amount.  This would be guaranteed up front in writing for you as part of my Buyer Agency Agreement with you.

I take pride in providing you the best possible real estate experience bringing my expertise and customer service to the transaction, & now you can saving money, too.

Contact me now and let’s discuss your next move! 

At your service,

Chrystal Safari
EcoBroker®/REALTOR®
704.562.1030

*$23,000 includes these items up to amounts given: Seller Paid Closing Costs of
$3,300, Cash Back @Closing Buyer’s Incentive of $1,089 (above), Rehab Loan Amount $11,000, & Tax Credit of $8,000 (expires April 30, 2010).  Restrictions apply.  Call for complete details.

Offering subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. 

Charlotte Market 4th Smallest National Drop

‘Even with the current market downturn, the multi-faceted strength of our market has traditionally been reasonable appreciation, affordability, and transition.  While there are many deeply discounted homes available now in the form of builder inventory and foreclosed homes, our strong market has resulted in great news for most homeowners,’ adds Chrystal Safari, Luxury Home Specialist with Peters & Associates, Incorporated, Charlotte, NC.  

The Charlotte Business Journal reported June 30, 2009, Charlotte-area home prices are down 10% in April from a year earlier. Prices rose 0.5 percent in April from March.

The 10 percent price decline for the past 12 months was the fourth-smallest among the 20 markets tracked by the Standard & Poor’s/Case-Shiller Home Price Index.

Denver had the healthiest market of the 20 cities, with a 4.9 percent drop in home prices from April 2008. Dallas ranked second (down 5 percent). Boston was third (down 7.7 percent). The overall index of the 20 cities saw an 18.1 percent price decline. Phoenix was the weakest market, with a price drop of 35.3 percent, followed by Las Vegas (down 32.2 percent) and San Francisco (down 28 percent).

The index says as of April, average home prices across the United States were at similar levels to what they were in the middle of 2003.

From the peak in the second quarter of 2006, average home prices in the 20 markets are down 32.6 percent. The S&P/Case-Shiller Home Price Index tracks sales prices of typical single-family homes in leading metropolitan areas.

Chrystal shares, ‘Affordability is still key.  Many homes at all price points are ready now.  Rates are still great.  There are loan programs out there with 85% Loan to Value, with no MPI.  If you’re in the market for your next owner occupant home or would like to add to your rental/investment portfolio call me.  I’m at your service.’

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Living, playing, and working in south Charlotte for over 27 years, and with over 14 years experience in the real estate field as an investor and Luxury Home Specialist, I have the knowledge, experience and discretion you need to maximize your return on investment whether for your personal home, investment portfolio, or small business property.  Contact me at Chrystal.Safari@gmail.com