Having been in real estate for 23 years, I have dealt with many investors looking to buy a fixer-upper and resell it, or what we call flipping. My husband and I also have flipped a few homes, making good money and enjoying the end product. With our market changing, you would think there are not many flippers out there, but as the broker/CEO of Dynamic Real Estate, I receive multiple text messages from investors looking to buy and flip.
This week’s article by Erin Reynolds matches what I have seen on the market and analyzes a unique way for college students to make some money and possibly go to college debt-free.
As an adult returning to college, you might struggle to finance your education. But did you know that there are ways to pay for your college education while improving your financial situation at the same time? One strategy is to flip houses. House flipping essentially means purchasing a property, making some renovations or upgrades, and reselling it for profit. Today, Running for Real Estate discusses precisely how this prospect can help you pay for college and improve your overall situation!
Choosing a Good Property to Flip
The first step in flipping houses is identifying a property that has the potential for a good profit margin. The key is to look for something that is undervalued and has room for improvement. You’ll also want to consider the location of the property because it can greatly impact the resale value. Foreclosure auctions, short sales, and banked-owned properties are some excellent places to look for undervalued properties.
Exploring Kitchen Upgrades
Once you’ve chosen a property, it’s essential to make wise, cost-effective renovations that will boost the resale value. One area that can greatly increase the value of the home is the kitchen. After all, it’s the most important space for many buyers!
Consider making upgrades like new countertops, cabinets, or appliances. You could also attract buyers with a new range hood that helps improve the kitchen’s air quality. These kinds of upgrades are known to have a high return on investment and can significantly increase the house’s sale price.
Cleaning Every Room
Before listing your property for sale, you’ll want to take the time to thoroughly clean and declutter the space. A clean, organized home is much more appealing to buyers and can sell faster; it also signals to buyers that the rest of the property is in good shape. Be sure to clean every room in the house, including the windows, floors, and walls. And if you have laminate floors, be careful what kind of vacuum you use. Some vacuums with hard bristles will scratch the finish and leave you in a pickle!
Staging the Home
Staging your flip property for photos and showings will go a long way toward enticing potential buyers and getting a higher selling price. You can do this with some simple home decor and furniture arrangements. Try adding fresh flowers or plants, putting away personal items, and creating cozy spaces with pillows and throws.
Marketing the Property
Marketing is vital to a successful house-flipping business. One of the most effective ways to attract potential buyers is to go through online channels like social media and real estate websites. Consider using professional photos and descriptions that highlight the property’s features. It’s also important to write an appealing listing that will draw in buyers by discussing the benefits of the property and its location.
Go Back to School
One big benefit of house-flipping is that it allows you plenty of time to set your schedule and pursue other interests as desired — like going back to school! Furthering your education is a great way to boost your confidence while also opening lots of doors career-wise. There are plenty of lucrative degree options out there, like data analytics, and an online learning platform offers individuals the flexibility to earn their degree on their own time, from the comfort of their own home.
Hiring Professionals Along the Way
Flipping houses is hard work and can be overwhelming at times. Hiring professionals to help with specific aspects can ensure that everything runs smoothly while reducing your stress. You might include a contractor for renovations, an experienced real estate agent to help sell the property, a lender to help with the financing, and a photographer to capture professional images. These experts can help you navigate the process of flipping houses and make it more manageable (and successful).
Summary
If you need to pay for your college tuition as an adult, flipping houses is one of the best ways to do it. Learning to select a profitable property, making the right renovations, marketing the property effectively, and implementing the other tips above will put you in an excellent position to make money and finance your education. Remember that flipping houses will require time, effort, and a bit of financial risk. Be sure to do your research and plan accordingly so that you can turn this practice into a stepping stone to long-term success!
Whether you’re interested in running or real estate, Running for Real Estate is a great place to learn more! Questions? Call 916–342–2446.
For more inspiration on how to let “AIR,” which stands for adaptation, inspiration, and resilience guide you, please consider buying my print edition or e-book The PR- The Poetics of Running, A Book of Poetry in Motion and Morsels of Love, A Book of Poetry and Short Forms on Amazon, or any other of my books.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916–342–2446.
Also, mention this blog and receive a great offer whether buying (credit for closing costs) or selling (commission discount).
As the broker/CEO of my Dynamic Real Estate, Inc. company, I like to analyze the real estate market and give you my most honest advice and feedback. October for some reason is always the busiest month of the year for me and I have helped a few buyers and sellers achieve their goals and dreams, even though our interest rates are currently above 8 percent.
That’s one reason, we need to understand how to enjoy home ownership in any market conditions. As the guest author Erin Reynolds wrote in her article below, a homebuyer should weigh the benefits of a starter home. You can find more info about Erin Reynolds on diymama.net | erin@diymama.net.
When it comes to the age-old question of whether to invest in a more affordable starter home or go all-in on a forever home, the decision can be a daunting one. Your choice of a home is not just a financial decision; it’s a life decision. In this article, courtesy of Running for Real Estate, we explore key considerations that can help you make an informed choice that suits your current circumstances and future aspirations.
Weigh the Benefits of a Starter Home
The prospect of entering the real estate market is often less intimidating with a starter home, given the lower upfront costs. This kind of home offers you a way to start building equity rather than paying rent. Additionally, starter homes often have the potential for appreciation. For example, investing in a neighborhood that’s in the early stages of gentrification could lead to significant returns in a few years.
Recognize the Drawbacks of a Starter Home
On the flip side, starter homes often come with limitations, such as restricted space, which may not be suitable for a growing family. There’s also the possibility that you could outgrow the home quicker than you anticipated. Resale can be challenging as well, particularly if the market takes a downturn. For instance, homes in areas that become oversaturated with new developments could see a decrease in property value.
Understand the Advantages of a Forever Home
A forever home brings with it the promise of long-term stability. Unlike starter homes, these properties typically offer more room for growth and a variety of desirable amenities like nicer appliances, updated kitchens and baths, and more yard space. Imagine a spacious yard or extra bedrooms that could one day become a nursery or home office.
Consider the Pitfalls of a Forever Home
Forever homes certainly come with their own set of challenges, such as higher initial costs, which might necessitate a larger down payment or a higher mortgage rate. You’re also committing to a specific location for a longer period, and maintenance or upkeep can be significantly more demanding. For example, larger properties might require regular professional landscaping, something you’d need to budget for.
Plan for the Future
When considering which type of home to buy, think beyond the immediate concerns and anticipate your long-term needs. Life changes like marriage or having children can drastically impact your living situation. Moreover, it’s vital to consider the resale potential of the home. For example, a house in a good school district will likely be easier to sell down the line.
Connect with a Great Broker
Navigating the complex real estate landscape, whether you’re considering a starter home or a forever home, typically hinges on partnering with a reputable agent who comprehends both your unique needs and the dynamics of the local market. A skilled broker like Carmen Micsa, can be your guiding light, helping you navigate the intricacies of the buying process, identifying properties that align with your preferences and budget, and providing invaluable insights into the ever-changing real estate market conditions.
Explore Mortgage Options
Understanding the types of mortgages available can significantly impact your monthly payments and overall affordability. Different mortgage options have various interest rates and terms that can either constrain or stretch your budget. For instance, a fixed-rate mortgage offers predictable payments, while an adjustable-rate mortgage might provide lower initial payments but can fluctuate over time.
Safeguard Your Investment
Once you determine what to buy, it’s crucial to factor in the costs of insuring your property. Homeowners insurance covers damage to your home’s structure, theft of belongings, and injuries on your property. However, for comprehensive coverage against home system or appliance breakdowns, you’ll need a home warranty — an annual contract that can protect heating, cooling, electrical, plumbing systems, and appliances. Understanding these insurance and warranty options is vital as you weigh the decision between a starter home and a forever home, and this site could be helpful in making a well-informed choice that aligns with your long-term financial security and lifestyle preferences.
The choice between a starter home and a forever home is a deeply personal one. By weighing the pros and cons, considering your financial situation, and keeping an eye on the future, you can make a decision that aligns with your goals and aspirations. Remember, your home is not just a structure; it’s a place where memories are made and dreams are realized.
Choose wisely, and your home will be the foundation of a bright future.
For more inspiration on how to let “AIR,” which stands for adaptation, inspiration, and resilience guide you, please consider buying my print edition or e-book The PR- The Poetics of Running, A Book of Poetry in Motion and Morsels of Love, A Book of Poetry and Short Forms on Amazon, or any other of my books.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446.
Also, mention this blog and receive a great offer whether buying (credit for closing costs) or selling (commission discount).
As the broker/CEO of my Dynamic Real Estate, Inc. company, my favorite part is being in the trenches – helping my sellers and buyers. August has been a super busy month for me working with sellers and noticing that moving to new states continues, which is why I accepted the article below by guest author Erin Reynolds. You can find more info about her at diymama.net | erin@diymama.net.
Finding yourself at a low point in your life can feel isolating, overwhelming, and hopeless. However, one thing that can help turn your situation around is a change of scenery. Moving to a new city and starting fresh can provide a renewed sense of purpose and a chance to reinvent oneself. If you are considering taking on this challenge, it is important to approach the process with intention. Running for Real Estate shares some tips and tricks to help you navigate your move and make the most of this incredible opportunity.
Mental Health First
Before diving into the logistics of packing and planning, it is imperative to prioritize your mental health. Moving to a new city can be a stressful experience, even more so if you are dealing with negative feelings or mental health struggles. As you prepare to head out on your adventure, take the time to consider what self-care activities you can incorporate into your routine. This might include activities like regular exercise, meditation, or working with a therapist.
Pursue Your Passions
One of the most profound advantages of beginning anew is the chance to pursue one’s passions with newfound vigor. If you’ve been longing to take up a new hobby, activity, or interest, now is the perfect opportunity to delve into it.
By evaluating a bachelor of education degree, individuals who have an abiding love for teaching can transform their ardor into a fulfilling career that also helps shape the futures of young minds. With a degree in hand, you’ll have the credentials to teach elementary-age kids and do so with the convenience of taking online classes. By enrolling in courses, participating in clubs, or volunteering, individuals can connect with people who share their passions and build a community of like-minded individuals who encourage one another to grow and prosper.
Connect With Local Resources
When moving to a new city, it can be challenging to know where to begin in terms of making connections and building a support system. To start, consider working with a real estate agent who shares your interests and can offer guidance on the local area. This can be especially beneficial if you are looking for a neighborhood that aligns with your values or comes with built-in community support. Additionally, look for community groups or organizations related to your interests or hobbies. Attend local meetups, workshops, and events to start building a community and finding your footing.
Explore Your New Community
One of the joys of moving to a new city is the opportunity to explore everything it has to offer. From scenic hiking trails to farmer’s markets and local shops, there is always something new to discover. Try to set aside time each week to explore your new home. This can help you feel more connected to the area and provide a sense of adventure and excitement.
Limit Alcohol Consumption
While it is common to indulge in alcohol when feeling uncertain or lonely, it is important to stay mindful of your intake. Medical News Today notes that drinking excessively can lead to a host of physical and mental health challenges. If you feel yourself slipping or having a hard time managing your drinking habits, it may be worth considering checking into alcohol and drug rehab centers in the US. These facilities can provide you with the support, resources, and tools you need to overcome addiction and move forward in a healthy way.
While rehab can be expensive, most rehab centers accept health insurance from major providers. Contact your insurance company to verify your level of coverage.
Adopt a Pet
Finally, consider adopting a pet after your move. Thriveworks points out that pets can provide endless love, support, and purpose in our lives. Plus, having a furry friend around can make the process of settling into a new home feel a bit less daunting. If you are unsure of where to begin in terms of adopting, reach out to local animal shelters or rescue organizations. They can help guide you through the process and help you find the perfect pet for your lifestyle and needs.
Starting anew can be both exciting and terrifying. But with the right mindset and tools in place, it can also be incredibly transformative and empowering. Stay focused on your mental health, pursue your passions, drink responsibly, and more. These tips and tricks can help you make the most of this incredible opportunity and truly thrive in your new city.
Real estate pro Carmen Micsa of Running for Real Estate shows properties, handles marketing and social media marketing initiatives, manages listings, and oversees 16 agents who work for her. Contact Carmen today to learn more! 916.342.2446
Our real estate market is as hot as the 100+ degree Sacramento weather
Image via Unsplash
As the broker/CEO of my Dynamic Real Estate, Inc. company, my favorite part is being in the trenches, helping my sellers and buyers. July has been a super busy month for me working with sellers and noticing that moving can be a challenge, especially for people working from home, which is why I accepted the article below by guest author Erin Reynolds. You can find more info about her at diymama.net | erin@diymama.net.
If you are considering starting a company from home, then you need to look around and determine if you have the space necessary to support your family and accomplish your business goals. If you don’t, then it may be time to move. But how difficult is it to accomplish both? Here are some tips from Running for Real Estate to help you start your business and have a successful move at the same time.
Finding the Right Property for Your Needs
The first step that you will want to take is to find a home that will allow you to live and work comfortably. Research the town or area where you plan to move and once you find the best city, sign up for alerts for houses that are up for sale that meet your criteria. You will probably want to start by looking at the area of the prospective homes and see how many rooms they have. You may want to have space between your office and where your kids will be so you can have the quiet that you need to get your work done.
If you need to get a rental in the meantime, no worries! There are plenty out there, so you can afford to be picky. In addition to price, check the amenities to find the perfect fit for your needs. This has the added benefit of allowing you to learn more about an area before purchasing a home, as well.
Make Moving Easier
Since you will have a lot on your plate with your business, you will need to find ways to split your time or make the moving process easier. We never realize how much stuff we own until we decide to move, so to make things more manageable, The Spruce notes that you should start decluttering each room one by one while you remove the items you no longer need and donate them to a charity so they can be used elsewhere.
Think Realty points out that you should also consider hiring professional movers to make things much easier. A good moving company will help pick up your stuff, load the truck, then drive to your new destination and help you unpack. That way, you can focus more on your business. When looking for movers, make sure to do your research by looking online and reading previous customer reviews so you can get a real feel for the company. Once you have a shortlist, ask for quotes so you can get a good deal.
Keep Your Business Running During Your Move
If you don’t want to wait to start your business until after your move then you will want to have some solutions for how you will keep your company going during the transition. For instance, you can access your files from anywhere by using a cloud computing solution, like those offered by Amazon or Microsoft. That way, you can download or modify your paperwork no matter where you are in your travels.
If you decide to start your business after the move, use a formation company to help you establish a limited liability company. They can make it easier for you to start an LLC. In just a few minutes, they can walk you through the process online, ensuring that your business is set up with full legal compliance.
Next, it’s time to start spreading the word about your business! First, create a well-designed logo that makes a memorable first impression, builds brand awareness, and separates your business from the others. If you’re on a tight budget, instead of paying for a design service, you can use a tool to create your text logo. Go online and design a creative logo by choosing a style and icon and adding any pertinent text. You’ll be able to view an assortment of logos for inspiration and customize fonts and colors of your choosing.
Like organizing a move, becoming an entrepreneur can be challenging. As you can see, though, with some thought and smart planning, you can successfully move while starting a new business at the same time. Search the rental market to help you learn more about the area, plan your move carefully, and upgrade your marketing game to keep your business running smoothly.
For more inspiration on how to let “AIR,” which stands for adaptation, inspiration, and resilience guide you, please consider buying my print edition or e-book The PR- The Poetics of Running, A Book of Poetry in Motion and Morsels of Love, A Book of Poetry and Short Forms on Amazon, or any other of my books.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446.
Also, mention this blog and receive a great offer whether buying (credit for closing costs) or selling (commission discount).
Are you ready for a change? Packing up and moving to a new state is a great way to shake up your surroundings and give yourself a fresh start. Preparing for your move well in advance will ensure everything goes smoothly. Below, we discuss some tips for a stress-free interstate move.
Finding the Perfect Home
First, you need to find a new place to live. Start by researching home prices in your target area to determine the area’s affordability. Next, as you look at different cities in the state you want to move to, find a place that offers the type of lifestyle you’re looking for. Cities have different things to offer in terms of climate, culture, job opportunities, education, housing costs, airport accessibility, and entertainment. What matters most is completely dependent on your own values and interests.
Once you decide on a city, get in touch with Sacramento real estate broker/CEO Carmen Micsa, who can help you find homes for sale. Or, if you’re looking to rent, start searching for potential apartments on rental listing websites. You can also consider renting to own. Rent-to-own programs are great for people who are self-employed or working to improve their credit score and cannot yet secure a mortgage.
Starting a Business in a New State
Have you always wanted to be an entrepreneur? Moving to a new state could be a great opportunity to get out of the rat race and finally start your own business. If you want to start a business in your new state, Wave Financial suggests starting by creating a thorough business plan describing what your business offers to customers, how you intend to turn a profit, and what kind of funding you’ll need to get started. Your business plan should also include important details about how your business will be structured and the legal steps you need to take to ensure compliance with federal, state, and local laws. To learn more, check out this helpful ZenBusiness guide on how to start a company.
Planning for New Living Costs
Depending on where you’re relocating to, your cost of living might increase after your move. Take some time to research the cost of basic necessities in your new state and city. You’ll need to consider housing, food, healthcare, and transportation costs. Be sure to account for the cost of gas, car insurance, and public transit as well.
If your cost of living is going to increase with your move, now is a good time to evaluate your budget. Look for spending areas where you can cut back. For example, you may be able to spend less on groceries by shopping for in-season produce, reducing food waste, and stocking up on pantry staples when there’s a sale. You may even decide to sell your car if your new location is in a walkable neighborhood. This is a great way to cut your living costs significantly.
Planning the Big Move
Long-distance moves can be stressful. Be sure to book your movers far in advance for the best rates and to ensure services are available for your ideal move date. Pods.com suggests breaking down large items so they take up less space. You may be able to get away with a smaller moving truck this way, which can mean some significant cost savings on a long-distance move.
Adjusting to Your New Home
When you arrive in your new home, unpack your boxes as soon as possible so you can start getting settled in. While you’re at it, start working your way through your post-move checklist. For example, you’ll have to register your car, transfer your driver’s license, find a new doctor, and register to vote. When you need a break from all that, get outside and introduce yourself to your new neighbors or check out a local coffee shop. Adjusting to life in a new state can take time, so don’t rush yourself.
Whether you’re looking for a new job, educational opportunities, a lower cost of living, an opportunity to start a business, or simply a change of pace, moving to a new state can help you achieve your ideal lifestyle. Don’t let uncertainty or fear prevent you from taking this leap. While change isn’t always comfortable, it often leads to growth!
For more inspiration on how to let “AIR,” which stands for adaptation, inspiration, and resilience guide you, please consider buying my print edition or e-book The PR- The Poetics of Running, A Book of Poetry in Motion and Morsels of Love, A Book of Poetry and Short Forms on Amazon, or buy it straight from my blog by clicking on my books link, which will take you to Amazon.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446.
Also mention this blog and receive a great offer whether buying (credit for closing costs) or selling (commission discount).
Carmen Micsa, Broker/CEO with Dynamic Real estate touring the anchored tiny homes, an event organized by our Sacramento Association of Realtors with Sacramento City and County officials explaining the requirements and approval process for homeowners looking to build an ADU (Accessory dwelling unit) on their property.
Two years ago I sold a home to a runner friend, and the house had more than six offers, even though it needed work. When my buyer asked me why was the house so attractive, I responded that the bigger lot and the large detached garage meant that someone could build a mother-in-law unit, or guest home in the back, which automatically increased the value of the house. During my 21 years in the business, finding two homes on one lot was almost like looking for the needle in the haystack, as the permit process was not conducive to allowing homeowners to build another in-law unit up to 1,000 square feet on their property.
However, more than a year into the pandemic, the City of Sacramento and the County of Sacramento have a much easier permit process, as they want to alleviate the housing crisis and increase affordability in our super hot Sacramento real estate market. For instance, the City of Sacramento is working on waiving any set-back requirements for the ADUs by the end of summer 2021, while Sacramento County will still require them, and you will need to do all the necessary research and go through the building permit process, which can take up to three months. Additionally, if looking to build a second unit for rental purposes, know that there are strict rules about that, and there is a difference between short term rentals, or vacation rentals, and year-round rentals.
Five Reasons to Build an ADU:
An ADU, or a granny unit, can increase affordability without requiring new infrastructure for the neighborhood/community.
Building an ADU in one’s backyard can help out family members, such as college students, older parents, or disabled relatives.
Building an ADU can increase the income of the property owner, who can potentially rent out the back house, provided that they applied to obtain a rental permit and are following the city and county rules on rentals. In Sacramento County, ADUs might not be allowed as long-term rentals, but check on all the pertinent information before building.
Building an ADU can increase the property value of the original house by more than $100,000 depending on the square footage of the ADU and the quality of construction.
Building an ADU can provide extra housing opportunities in a real estate market where supply is much tighter than demand.
With so much flexibility in how an ADU can be added to an existing home, such as turning a basement into living quarters, turning a big shed into a small office, or artist studio, or building a brand new structure in the backyard, this might be the best time to start building your own ADU that can increase your family well-being and keep expenses under control for your college kids, aging parents, and so on.
For more inspiration on how to let “AIR,” which stands for adaptation, inspiration, and resilience guide and uplift you during these uncertain and crazy times, please consider buying my print edition or e-book The PR- The Poetics of Running, A Book of Poetry in Motion on Amazon, or buy it straight from my blog by clicking on my books link, which will take you to Amazon. A portion of the proceeds from the sale of the book is going to Girls on the Run Sacramento chapter organization.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Also mention this blog and receive a great offer whether buying (credit for closing costs), or selling (commission discount). Running for real estate with joy!
The Good, the Bad, and The Ugly of Our Post Pandemic Real Estate Market
I like to compare our 2021 Sacramento real estate market to one wild roller coaster ride that besides having twists, turns, and upside down loops sending thrill seekers on the verge of fear and elation, it also has unexpected highs and lows that I correlate to our high real estate prices and extremely low interest rates oftentimes below 3 percent. Our real estate market’s frenzy and desperation, especially on the buyers’ side, is directly related to the sudden decline in housing inventory at the beginning of 2021.
Needless to say, I have never experienced this bidding war before in my 21 years in the business as a real estate broker. And how ugly are these bidding wars? How much over the asking price is enough, you might ask? I have had an offer accepted for my buyers at $50,000 over the asking price, and we had to remove appraisal and loan contingencies to be the winning bid.
The good: offer accepted for my happy clients! The bad: $50,000 over the asking price no matter of the appraised value. The ugly: I have submitted about 15 offers for my buyers before their offer got accepted for $425,000, which is such a hot price point. However, with patience, perseverance, and my professional guidance, my clients are happy homeowners. And in the case of other buyers of mine, I got their offer accepted on the very first try, so some luck never hurts.
This wild roller coaster ride has resulted in the following four unique real estate trends:
Million-dollar home sales have had a 126.92% increase since last year. Additionally, as Ryan Lundquist, our local appraiser expert points out in his Sacramento Appraisal blog, there were 94.9 percent more sales above the $750,000 and 27.3 percent fewer sales under $400,000 price range. We have highs in our real estate market not seen since 2006.
The prevalence of the ADU – an Accessory Dwelling Unit is a permanent dwelling unit that may share at least one wall with the primary residence (attached) or be a stand-alone structure (detached) from the primary residence. ADUs provide permanent facilities for living, sleeping, eating, cooking, and sanitation.), or little homes built in the backyard of the main house, as the city of Sacramento is willing to approve ADUs either one home up to 1,200 sq. ft., or two homes 600 sq. ft. each depending on the lot size and setbacks. The approval of the ADUs is an important step in increasing price affordability and addressing Sacramento’s scarce inventory – see more info in my interview about the tiny homes trend with KCRA news.
The big migration, which according to a LinkedIn data, show more workers moving to smaller US cities and away from larger cities in 2020 compared to 2019. Sacramento is in top five smaller US cities as far as positive growth in inflow over outflow of workers.
Sellers’ confidence expected to grow as vaccine distribution is in full force, providing more peace of mind to sellers looking to make their move. According to Zillow economists, who show that 63 percent of sellers are also buyers, sellers’ mobility has increased for the following reasons: their desires to upgrade or upsize their homes, move to different neighborhoods, downsizing, and wanting a better work from home situation.
For more information on the ADUs and the tiny homes and what type of approval process you need to have one in your backyards, stay tuned, as I will have a meeting with the city and county officials next week!
For more inspiration on how to let “AIR,” which stands for adaptation, inspiration, and resilience guide and uplift you during these uncertain and crazy times, please consider buying my print edition or e-book The PR- The Poetics of Running, A Book of Poetry in Motion on Amazon, or buy it straight from my blog by clicking on my books link, which will take you to Amazon. A portion of the proceeds from the sale of the book is going to Girls on the Run Sacramento chapter organization.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Also mention this blog and receive a great offer whether buying (credit for closing costs), or selling (commission discount). Running for real estate with joy!
By Katie Conroy, the creator of Advice Mine. She enjoys writing about lifestyle topics and created the website to share advice she has learned through experience, education, and research.
With so many people investing in real estate these days, you may be thinking about taking the leap into being a landlord. It’s a move that can bring a lot of perks and profits if you plan carefully. So before you start looking for a residential or vacation rental, be sure to connect with an experienced agent from Carmen Micsa and go through these essential questions to help you make the right decisions.
What Costs Should I Be Concerned About?
If you are looking to buy an investment property, you already know that you will need to prepare for the initial cost of that home. Coming up with a reasonable price range is one of the most important financial considerations you can take when preparing to purchase a rental property, so think carefully about what your desired price range should look like. Depending on market trends in your preferred location, you could end up picking homes that are slightly above your target price and offer less, but you should research real estate trends carefully before doing so to see if a buyer’s or seller’s market exists. Keep in mind that Sacramento homes have been selling at a median price of $395,000 over the last month.
Aside from the cost of buying your first investment property, you should also be prepared for other expenses associated with owning a rental. If you are buying a vacation property, hiring a management company should be included in your budget, since an experienced property manager can provide 24/7 customer service, on-demand professional cleanings, and easy-to-understand info about bookings. By ensuring you and your guests have access to these perks, you can net more bookings and more glowing reviews.
What Upgrades Should I Be Focused On?
Chances are, you will need to make some repairs and improvements to your investment property before you list it as a vacation or residential rental. There are some pros and cons to marketing your home either as a long-term or short-term rental, so also be sure to think about these as you make your initial upgrades and repairs.
For both vacation and residential rental properties, investing in new paint for the exterior of the home can be an effective way to boost curb appeal, although this sort of improvement project can be a big job that necessitates detailed planning, thorough preparation and appropriate tools. The size of your home and materials needed will determine how much you’ll spend to freshen up your property’s exterior.
Wondering what color to use for your home’s exterior? If you want to add curb appeal to your investment property, most experts recommend shying away from bright hues and using pops of color in your landscaping or even for the front door. Speaking of landscaping, if you’re concerned about keeping your investment property secure, you can also consider using protective plants in the front yard.
What Other Steps Should I Take to Ensure Profits?
Creating a plan for your finances and home improvements can ensure some ROI for your rental property. If you want to maximize that ROI, there are some other measures you can use to attract potential renters and protect yourself from potential losses. You can start by making sure that your rental rates are not too high or low for your property and area. While you don’t want to miss out on potential profits by setting rental rates too low, you also don’t want to lose potential tenants because similar properties have much lower rental rates.
To boost profits and keep your own stress levels low, you may also want to consider using a manager to help out with your first investment property. While using a property manager means paying additional fees, the expertise and guidance you will receive in return can be well worth the added expense. Plus, you may be able to deduct management fees from your taxes as a rental property owner.
Owning an investment property can be worthwhile. You just need to take the right steps from the start. Take stock of overall expenses, necessary upgrades and get a read on what you can expect when it comes to making a profit. With a smart approach, you will see profits roll in much faster, and ensure ROI on your rental.
Whether you’re a first-time buyer, or seasoned investor, Carmen Micsa will provide you with outstanding and dedicated real estate service! Call (916) 342-2446 or email carmenmicsa@yahoo.com to schedule a meeting!
After 20 years in the business as a real estate broker, helping buyers and sellers, I am just as baffled as you are by our Sacramento real estate market. What is going on? Weren’t prices supposed to go down? Not really! For instance, in August our real estate prices have reached the highest point in more than a decade. Sacramento county’s median price was $425,000 up from $386,000 last year in August, Placer County was $538,750 up from $500,000, and El Dorado County $570,000 from $525,000.
My new listing in Elk Grove. This beautiful Laguna home with Quartz countertops is very well-priced at $429,000. Showing appointments available!
Low Inventory
According to my esteemed appraiser colleague, Ryan Lundquist, our shortage of homes available for sale is due to a few important factors, as he explains in his blog Why is Housing Inventory so Low?
Our pandemic – sellers are reluctant to put their homes on the market and have a bunch of strangers come through their homes.
More demand from buyers due to historical low interest rates below 3 percent.
Lack of new construction and not having enough building units available.
Shift in demographics, as people choose to live in their homes longer.
Increased migration, as Californians move to Idaho, Texas, and Nevada the most, and some Bay Area residents move to Sacramento, where home prices are much more affordable.
Six Ways A Real Estate Agent Can Help you Become a Homeowner in our tight Market
My favorite way to find homes for my buyers when our listing inventory is tight is to walk the neighborhood they are interested in and drop off flyers telling homeowners that I have a qualified buyer ready to buy. Over the years I found a few homes this way and my buyers were able to buy the house without having to overbid, or deal with multiple offers.
Social media is a great way to connect people and their needs.
For sale by owners are another great way to find homes that are not listed on the MLS. When dealing with for sale by owners, or sellers who want to sell on their own, it is important to have an agent represent you as the buyer, making sure that you are guided by a professional and that you don’t end up having problems in the future due to repairs, or lack of proper disclosure from the sellers.
Expired listings have also been a great way for me to help my buyers find homes and negotiate down on the price for them, since these are homes that used to be on the market and did not sell. Once again, a good agent, who is willing to go the extra mile for you, can sure help you find a good home by searching the MLS data for you.
Pocket Listings are another great way to find listings that will soon hit the market, but the agents have not listed the homes on the MLS yet. As a real estate broker, I have numerous connections and do a lot of networking with other professionals like myself, and I can sometimes find my clients the right home before it even hits the market.
Calling neighbors who are not on the do not call list on behalf of my clients and letting them know that I have a client looking to buy and move in the neighborhood.
To sum things up, when our market is so heated up and our listing inventory low, it is time to work with the best agent, who will find creative ways to help you find and buy the right home, so feel free to call me or text me, and I would love to help you. However, before getting serious about buying a home, the first and most important step is getting pre-approved by a good lender, who will guide you through the whole process and give you an estimate of your monthly payments. One of my preferred lenders is Eric Elovski with Essex Mortgage, and you can apply directly on his website http://www.ericwillclose.com to get pre-approved for the loan.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Also mention this blog and receive a great offer whether buying (credit for closing costs), or selling (commission discount). Running for real estate with joy!
At the end of each year, most people are focused on new year’s resolutions, as well as being happier and more prosperous. As we all know, our prosperity is tied to a few economic factors, such as unemployment, stock market, and real estate, to name just a few. When it comes to buying a home, buyers want to make sure they are buying the right house at the right price, which makes the real estate forecast an exciting moment at the end of the year. On the other hand, sellers want to make the most money when selling their home, so they also watch the market and try to find the perfect moment to sell, especially if they don’t have any immediate urgency or need to sell. Before delving into specific market details, I can tell you even though I don’t have a crystal ball, I have 2020 vision, a joke I am borrowing from one of my dynamic agents, that our 2020 real estate market will be great for both buyers and sellers for the following reasons:
The average 30-year, fixed mortgage interest rates will dip to 3.7 percent in 2020, down from 3.9 in 2019. Lower interest rates equate to more purchasing power.
California Association of Realtors 2020 Housing Market Forecast sees a small uptick in single family homes sales of 0.8 percent next year. California median home price is forecast to increase 2.5 percent, followed by a projected 4.1 percent increase from 2019.
With prices slightly going up, sellers will continue to cash in on their equity in order to move into a bigger home, downsize, or move out of state, which approximately 30 percent of sellers will do.
The lack of inventory nationwide was a major theme in 2019. Lawrence Yun, chief economist for the National Association of REALTORS®, warned often that first-time buyers would have a difficult year, as the housing crunch became most acute in entry-level price points. Unfortunately, low inventory of affordable homes will continue in 2020. “Real estate is on firm ground with little chance of price declines,” Yun said during the Forecast Summit. “However, in order for the market to be healthier, more supply is needed to assure home prices as well as rents do not consistently outgrow income gains.”
The rise of the iBuyer will continue in 2020, but my personal recommendation is to go the traditional way, or at least get a second opinion, as you will make on average $20,000 to $30,000 more on your home after paying the commission. The fast cash offers are not that hassle free and are usually about 80 percent of your home value. They also come with request for repairs and added fees, so don’t give away your equity, because I can get you a strong offer, as is with no repairs if necessary with a fast close and the least amount of hassle.
To search free listings, please go to http://dynamicsacramentohomes.com/ For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
Moving to a new home can be exciting, but it can also be stressful. Dealing with packing, unpacking, and all the initial move-in tasks is enough to make you feel too exhausted to feel at home right away. Thankfully, there are some simple tricks to settling into your new place.
Take Care of Repairs Right Away
A leaky faucet or running toilet may seem like it can be put off for now. However, small issues in your new home can lead to big problems later on and even bigger bills for you. So, make sure these items are taken care of as soon as you move into your new place — or beforehand if possible. If you live in a rental, contact your property manager ASAP to schedule repairs. For homeowners, it’s fairly simple to do many common repairs yourself, and you can even save money doing so!
Throw Some New Colors on Your Walls
Nothing makes a home feel like your own like some fresh paint on the walls. There are so many ways to coordinate paint colors and create a palette for your new home. If you rent your home, just make sure to get the okay from your property manager/landlord first. You can look for deals on paint, as well as decor to further perk up your place. Then, save some more money by completing the job yourself. All you need are some basic painting supplies and a helpful tutorial to add a personal touch to your home. Make sure you tape off any borders, and cover your furniture before you begin.
Get Creative with Storage
A new home is an opportunity to get yourself truly organized. Having your home decluttered and tidy can help relieve stress and make you feel more comfortable in your new environment. So, look online for some creative storage solutions and then pick up all you need to organize your home. Retailers like Kohl’s have hundreds of accessories to get your home in order. Even better, you can easily find Kohls coupons or discount codes that can save you money on every shopping trip.
Add Some Air-Purifying Plants
It may come as a surprise to know that the air in your new home can get dirty quick. Luckily, air-purifying plants can help clear toxins, and they make for gorgeous, easy home decor, too! Best of all, you can score some majorly helpful plants for majorly low prices, if you know where to shop. Recently, Amazon has even gotten in on the house plant trend, and you can order any plant you want for a fraction of the cost.
Host a Small Housewarming Soiree
One of the best ways to settle into a new home, and meet your new neighbors, is to host a housewarming party! Even on a small budget, you can put together a soiree that will make you feel at home and your guests feel welcome. Many party supply stores offer coupons online that will save you money when picking up cups, plates and other essentials. When it comes to snacks and food, you can’t go wrong with essentials from Trader Joe’s. With their everyday low prices and $2 wines, you can stock up for your party, and stock your pantry too, without breaking your budget.
Making a house into a home can be easy if you know what to take care of first. Adding personal touches with inexpensive decor, paint, and home projects can make a home feel like your own.
Now that summer is almost here, I have special incentives for buyers and sellers, such as money back towards closing costs and reduced commission when selling, so please mention this blog and you will also receive a free market analysis of your home, no strings attached.
To search free listings, please go to http://www.dynamicsacramentohomes.com. For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
Increasing the resale value of your home is a good idea, regardless of when you plan to sell. Many homeowners complete DIY projects to save money; after all, it’s cheaper to purchase materials and do the labor yourself than hiring a contractor. But, homeowners save money on improvements only when the projects are within the scope of their capabilities. To help you get the most out of your improvements, we suggest both DIY and professional projects.
1. Make Roof Repairs
Making repairs to your home is important not only for maintenance purposes, but also to show potential buyers that you have been taking care of your home and preventing damage. One such repair is fixing your roof. Buyers shy away from homes that need roof repairs and new roofs because they fear a large expense immediately after investing in a home.
Image via Pixabay
When you repair your roof, you not only prevent water damage, but you also attract more buyers who appreciate that you have taken care of the repair. You’re more likely to sell your home quickly when you repair the roof, and you are much more likely to get your asking price, too.
Of course, making roof repairs or replacing your roof is a home improvement project best left to the professionals. When hiring a roofing contractor, you should take the time to ensure you choose a reputable one.
Watch out for traveling contractors or those that come to town immediately after a storm assuming that you have roof damage. Get bids from several reputable, local firms and ask for references that you can call to ask questions.
2. Update Your Lighting Fixtures
One simple DIY home improvement is updating your lighting fixtures. Old fixtures date your home and don’t deliver the fresh look potential buyers seek. There are several ways to update your lights, from spray painting them to change the finish to completely replacing them. In fact, Good Housekeeping shares nine DIY ways to transform lighting fixtures for homeowners who do not want the expense of buying new ones.
If you do opt to replace your lighting fixtures, make sure you put safety first by turning off the light at the breaker box instead of flipping the wall switch off. You also should test the wires with a circuit voltage tester from a hardware store before doing any work.
Also, make sure that you replace a fixture with the correct wattage bulbs and avoid exceeding the maximum wattage of the fixture. And, always have an assistant to hold the fixture while you wire it or attach it to the ceiling.
3. Update Your Kitchen
Kitchen updates are one of the best ways to increase the resale value of your home because people use this room more than any other room in the house. Potential buyers look for updates such as stone countertops, tile backsplashes, islands, and high-end appliances. So it goes without saying that a kitchen remodel can be quite the undertaking.
Because an entire kitchen remodel gets to be costly, decide which projects fall within your budget and which you are comfortable completing yourself. For example, you likely can handle giving your kitchen a fresh coat of paint or installing a tile backsplash.
But, these projects can be overwhelming and costly if you do them incorrectly. Planning ahead when attempting DIY projects can save you a lot of time and money. When in doubt, consult your real estate agent to help you determine what’s worth upgrading.
There are several DIY and professional home improvements that will increase your home’s resale value. Hire a roofing contractor to repair or replace your roof if necessary. Then, update your lighting fixtures and your kitchen by practicing a project you’ve never done before and hiring pros to complete the ones that you can’t handle.
Article written by guest writer Erin Reynolds with www.diymama.net.
Now that spring is here, I have special incentives for buyers and sellers, such as money back towards closing costs and reduced commission when selling, so please mention this blog and you will also receive a free market analysis of your home, no strings attached.
To search free listings, please go to http://www.dynamicsacramentohomes.com. For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
As a first-time homebuyer, you are probably already well aware of how difficult it is to find a home that checks all your boxes. You’ve been looking at move-in ready homes, but have you ever considered a fixer-upper?
Buying a fixer-upper has benefits, one of which is that it is a true blank canvas for you to create and design the home you envision in your head. First-time buyers are generally on the lookout for bargains, and the fact that many buyers aren’t interested in putting in work to fix up a home means you can get a fixer-upper for a lower price with minimum competition. It all sounds easy enough, but a fixer-upper requires hard work, time, and investment. If it sounds like a challenge you’re willing to take on, the following tips will help you through the process.
Go Over It with a Fine-Tooth Comb
Remember, not all fixer-uppers are created equal. Just like there are things you look for when buying a home, the same applies to fixer-uppers. Start by examining the layout, as you want a home that flows easily. Whether you plan to sell the home after it’s finished or later on down the road, you want the home to have desirable features. However, don’t let your vision cloud what’s in front of you. Examine the condition the home is in including the electrical, HVAC, plumbing, foundation, roof, and windows. If it’s an older home you’ll need to be wary of lead-based paint and asbestos. Don’t forget to check out the curb appeal as well. The exterior of the home will need work too, but it should have potential.
Calculate the True Cost
When it comes to a fixer-upper, the purchase price is the first of many expenses you’ll incur. Decide what you can DIY (and price the supplies and time) and have a contractor walk through your home to estimate renovation costs — you’ll be surprised how quickly it adds up. According to Improvenet, the average cost to remodel multiple rooms is $35,000 depending on the particular project and materials needed, but this doesn’t factor in unforeseen problems that can pop up when dealing with a fixer-upper. Factor in costs for inspections and permits before calculating your offer using this equation: fair market value (what the home is worth in good condition) minus the upgrade and repair costs. The number you arrive at isn’t set in stone, and Nolo recommends that you bid lower than the maximum so that you don’t put sweat and money into a home that you could have purchased move-in ready for the exact same price.
After You’ve Bought It
Once you’ve bought your fixer-upper, the real work begins. For the projects you know need a professional’s touch, start making calls, but don’t ask for estimates. With a contractor, you set the budget and what you’d like done and a contractor will provide you with a plan, time frame, and what your budget allows. This is also where you decide how you want the remodel to go. If you can afford to continue living in your old residence or rent elsewhere, the remodel can be done all at once. If this isn’t the case, you may need a gradual remodel that allows you to move room to room while the fixes are being made. Don’t let all this talk of contractors and keep you from getting your hands dirty. Invest in a few essentials such as a cordless drill for removing old hardware or an oscillating multi-tool to remove grout and caulk or sand surfaces to paint.
Taking on a fixer-upper is a challenge, but it is a wonderful adventure too. If you’re a first-time homebuyer on the market for a fixer-upper, make sure you examine potential homes from top to bottom so you don’t bite off more than you can chew. Add up the total investment cost before purchasing, recruit a contracting team, roll up your sleeves, and get to work!
Now that spring is here, I have special incentives for buyers and sellers, such as money back towards closing costs and reduced commission when selling, so please mention this blog and you will also receive a free market analysis of your home, no strings attached. To search free listings, please go to http://www.dynamicsacramentohomes.com
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
Let’s be honest! Who doesn’t want to be faster as a runner? And aren’t we willing to try new ideas to enjoy this incredible sport of running road or trail races? As some of you know, I have been pesco-vegan for four years and fully vegan for three years, but in this blog, I have the honor to introduce local sub-elite runner Jedidiah Soliz, aka Jedi, or the Vegan Jedi athlete on Instagram, who runs for Sacramento Running Association elite team. He is also my amazing friend and training partner on recovery days, or when I have to do a tough workout and he is great to pace me. I have also paced him on my bike and barely kept up with him – ha!ha!
Jedi and I run together through Ancil Hoffman Park on the peaceful trails, where we get to see deer, turkeys, and coyotes while talking about running, nutrition, podcasts, and books we read.
Introduction
Jedidiah Soliz, aka Jedi, or @theveganjediathlete athlete on Instagram, is 36 years old and has his own business as a Landscape Gardener and Designer. He has been vegan for about seven years and has been a competitive distance runner for almost 15 years. Jedi started out doing cross country in college back in 2004. At that time, he was only doing short 4-mile races, after which he attempted the 800m in track during the spring season. Jedi thought that was fun, but unfortunately, he got injured. Since then he has worked his way up to the marathon distance and has also done one 50k race.
Jedi also got accepted onto the Altra Running Red Team at the beginning of 2019. He is a big believer and promoter of the Altra shoes that he wears for all of his running and most casual outings as well. They are the best brand of running shoes in his opinion and Jedi believes in their philosophy whole-heartedly. The Altra shoes have a signature wide toebox and Zero Drop technology that makes for a more natural, efficient, and injury preventive experience.
Jedi believes that his true purpose, calling, and mission in life is to be an ambassador for a vegan lifestyle. He is proud to have been featured in Vegan Health and Fitness Magazine and Sacramento News and Review.
Jedi’s Running Accomplishments
Jedi running Boston last year (2018) in the worst weather – rain, wind, and very cold conditions.
Jedi completed his first marathon California International Marathon in 2:50.52 in the craziest storm of the year. He was 30 years old and turned vegan that year, experiencing renewed energy and increased sports’ performance.
In 2018, Jedi ran CIM marathon in 2:39:25, which is his personal best so far in marathons.
His half Marathon PR is 1:13.34.
His 10 mile best race is 55:45, the 10k 33:24, and his fastest mile is 4.27.
In 2019, Jedi is working to break his 5K PR, which 15:58.
Jedi has just won the Davis Stampeded 5K race on Feb. 24th, 2019 with a time of 16:43.
Winner of the 5K Davis Stampede, 2019
Why Should You Consider Turning Vegan and How it Can Change You as an Athlete and Human Being?
Jedi running CIM last year and setting a new PR of 2:39:25.
Jedi offers 10 reasons to become vegan:
For health reasons to combat cancer, diabetes, heart disease, for weight loss,and to become the best version of oneself.
For better skin and combating acne, which he had growing up.
To inspire others just like his sister Vanessa Dawn who became a raw vegan with the help of a friend of hers. Jedi was completely mesmerized by his sister’s transformation and knew that he was desperately ready for a change.
To counteract the destructive industry of animal agriculture.
To spread kindness and compassion.
To protect our environment and to live our lives as vegans, or what is considered World Peace Diet.
To change our planet by being conscious of our food habits.
To promote peace and harmony.
To appreciate the synergistic component of veganism, because what’s best for the planet is also best for our health, the animals and visa versa.
To improve our running, or any other sport’s performance, as well as reduce injury and improve recovery.
Picture from Santa Rosa Marathon, 2018.
Jedi’s Advice on Becoming Vegan
Focus on fruit, vegetables, and whole foods!
Make sure that the bulk of your calories comes from high carbohydrate, whole, plant-based foods. It is far too easy to become a junk food vegan these days, but you need to fight that urge, because your performance depends on it. Not to say that you can’t treat yourself to some delicious vegan treats and fatty, filling foods now and then, but it is best to keep it to a minimum and time it out right so that you are mostly only eating that way after a race or hard workout.
Proper timing of nutrition is very important!
Also focus on low fat, but make sure to get enough calories, which can be one of the biggest pitfalls that most unsuccessful vegan athletes experience.
Getting plenty of fiber and an easy way to do so is by making big fruit and green smoothies. Jedi makes himself a big smoothie every morning, which powers him through his workouts and his job until lunch time.
Jedi’s Smoothie Recipe
Jedi’s favorite fueling breakfast before and after a run is his famous smoothie that he is kind to share with us.
Jedi’s advice on how to make the smoothie: “Put the water and dates at the bottom first to soak. You can play around and tweak this recipe some to your liking. You can swap out the fruit for other seasonal fruit of your choice if you’d like. This is just a standard recipe of mine, but it definitely varies for me as well! Also the amount of liquid you need may change, depending on the size of the smoothie. I recommend adding a little bit extra at a time if need be.”
Final Thoughts About Being Vegan
Jedi running the Break Free race, which he has won a few times.
Becoming a vegan is a big lifestyle change and you should also consult your physician, but as Jedi points out we all have the potential for greatness within us. For Jedi, being vegan is a bigger cause that is near and dear to his heart and it makes a huge difference in his life as an athlete and his ability to push himself to the limit. Moreover, Jedi’s questions for all of us are: “Do you have the will power, self control, and courage to join me on this journey into a life saving and world changing movement and rise up to your inner greatness by doing what’s right and fighting for this cause? Life is short and we will all die one day, but it’s what we choose to do with our time here that really matters. Do you want to be part of the problem of cruelty and destruction, or do you want to be part of the solution towards compassion and peace?”
I am always busy during the winter months, selling my listings, or helping my buyers buy the right home, so please mention this blog and you will receive a free market analysis of your home, no strings attached.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
For most homeowners, the joy of having something to call their own is tempered by the upkeep and maintenance that must be done. When you own a home, you also own everything that comes with it, from the furnace to the lawn, and those things become your responsibility. While many home projects can be tackled as DIY weekend jobs that won’t empty your wallet, others can be quite costly and require a professional to handle. When it comes to your HVAC system, sometimes it’s a little bit of both. However, keeping up with cleaning and maintaining your system all year-round will prevent any major issues and keep your home clean at the same time.
The HVAC system is a pricey piece of machinery, so it’s important to make sure you take very good care of it and call in a pro when necessary. Changing filters is the easiest way to keep it running smoothly, but you can also make sure the area around the outdoor system isn’t overgrown and that it has plenty of ventilation.
Keep reading for some great tips on how to keep your system running well all year.
Have It Checked Every Season
It’s a good idea to have your unit checked out at the start of each season, especially if you live in an area that has great temperature changes throughout the year. Having a professional make sure everything is in good working order could help prevent costly repairs down the line, and it will help you ensure that the system will be ready to go when you need it the most. Hot summers are particularly hard on these units, so call a pro when fall rolls around.
Learn the Ins and Outs of Your System
There are several ways you can take care of your system yourself, such as changing the filter often and grooming the area around the outdoor unit, but it’s important to understand how it all works before you make any changes. This will help prevent damage to the unit and injury to yourself, so read up on the system using online guides prior to attempting any maintenance.
Improve Your Indoor Air Quality
The quality of the air in your home can have an impact on everything from your family’s ability to sleep to allergies and breathing issues, so it’s imperative that you take steps to ensure that your HVAC system is clean. This means changing the filter often — typically once a month will work best when you run it every day — and check the return ducts to make sure they’re clear of debris and don’t have any tears or cracks, which can pull pollutants from outside and distribute them in your home. Not only can this affect the air quality, but it can also leave behind dust and pollen.
Keep Your Lawn Tended
Your lawn can have an impact on your HVAC system because the outdoor unit can become blocked by grass, leaves, and other debris. Keep these items away from your system by weeding, cutting the grass often, and making sure animals steer clear of the unit. Make sure branches and twigs are cleared from the area often, especially in fall and winter, and cover the unit with a heavy tarp before you cut the grass to prevent clippings from flying into it.
Keeping up with your HVAC system can be quite a job, and it can be a costly one if you aren’t careful. Taking pains to make sure the area around your unit is clean and free of debris is a big step since the system can pull in outside elements and pollute the air inside your home. With a little research, you can find the best ways to take care of your system without going broke.
Blog written by Suzie Wilson who is proud to announce that her debut book, TheUltimate Guide to Prepping Your Home for an Open House, is COMING SOON to online retailers and bookstores near you!
I am always busy during the winter months, selling my listings, or helping my buyers buy the right home, so please mention this blog and you will receive a free market analysis of your home, no strings attached.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
Most of us know that the big selling times for homes are spring and summer. That doesn’t mean, however, that we need to feel panicky if we must sell our home in autumn or winter. There are strategies to make this season the one to successfully sell your property.
Maintain Curb Appeal
This is the perfect time of year to make your property look cheerful and bright, despite gray days and colder weather. As the seasons change, consider putting a festive wreath or some simple decoration on your front door to make it inviting. Touch up paint where needed, including your mailbox and the trim around your door. Don’t overlook smaller nuances as well, like cleaning the windows to give your home a bright shine or updating your house numbers for a fresh new look. Just because many plants are dying down for winter slumber does not mean our homes cannot look lush and gorgeous. A winter flower garden can be beautiful and add a colorful touch as a border or in pots by the door. Holly, snowdrops and hellebores are all excellent cold-weather options.
Stay on Top of Maintenance
You also need to think about ease of access to your home, especially when the temperatures drop, as there may be a few more hazards to consider during the colder months than in warmer ones. If you live in an area where snow is abundant, you are probably used to shoveling your driveway. However, you need to think not just of your family’s car getting in and out of the garage, but of buyers coming up to the home. That means you should shovel the entire driveway and every walkway around the house. It looks nicer and keeps buyers in a happy mood due to ease of access, but also makes navigating any open house showings you host a safer endeavor. Keep your gutters clean and clear, ensure your pipes are insulated, and that your chimney is ready; a nice fire can add a cheerful touch to any open house.
Bring on the Light
A bright home full of light sells better than one that is dim or dark. Adding lighting is more important now than ever, as the colder seasons also tend to turn dark earlier than the rest of the year. Make sure you add white light. It’s warm without coming off as too artificial. Put lamps on bedside tables and in dark corners of rooms, and consider installing some hanging fixtures or mounting lights on the walls themselves. If you have screens on your windows to keep out bugs in the summer months, it may be best to remove them during winter. This will bring in a startling amount of natural light, something we should be striving for during open house showings. Keep pieces such as your couch coverings and pillows, curtains, drapes, and table runner a pale color to reflect light.
Sweet LittleExtras
Does a chilly house sound appealing to you? Is it a place you want to return to when the weather outside is nippy? No, and buyers agree, so keep your home heated and cozy. Little niceties can go a long way to making your home stand out, such as providing treats for visitors to nibble on while they tour your house. To emphasize how comforting your property is, consider brewing some hot chocolate for guests to enjoy or lighting some festive holiday candles in different rooms. Make sure whatever scent you opt for is not overpowering, as nothing is worse than one that’s too strong and artificial.
You don’t need to worry about selling a home during the off-season if you make some smart preparations. Keep your curb appeal sharp with attention to detail and pops of color, and make sure your home is bright and easy to navigate. Add in some sweet extras, and you may be surprised by how quickly your home flies off the market this fall or winter.
Blog written by Suzie Wilson who is proud to announce that her debut book, TheUltimate Guide to Prepping Your Home for an Open House, is COMING SOON to online retailers and bookstores near you!
I am always busy during the winter months, selling my listings, or helping my buyers buy the right home, so please mention this blog and you will receive a free market analysis of your home, no strings attached.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
A dated bedroom can age your home in an instant. Remodeling is a great way to upgrade the aesthetics of your bedroom, but that’s not the only reason to give your bedroom a facelift.
In fact, an updated master bedroom can also make it easier to sell your home and you’ll see a 40 to 80 percent return on investment when you do. While that’s less than the ROI on kitchen and bathroom remodels, bedroom remodels are also much less expensive.
On average, bedroom remodels cost about $10,000 to $30,000, with additional expenses for high-end upgrades. Completing the remodel yourself brings the cost down significantly. However, DIY remodeling comes with challenges of its own. Without pros to handle the planning, purchasing, and renovating for you, it’s up to you to manage and execute the project.
Use this guide to plan your DIY bedroom remodel so it’s a smooth process from start to finish.
Choose a Style
Before planning projects and shopping for materials, you need a vision of how you want your bedroom to look. If you intend to sell your home in the future, choose a style with resale value in mind. The style should be both soothing and cohesive with the rest of your home’s interior design. It should also include the features that buyers want in bedrooms, such as built-in storage and plenty of natural and ambient lighting. For inspiration, check out these bedroom before-and-after pictures from Architectural Digest.
Plan Projects
With a vision in mind, list the projects that will get you there. Remember that for a DIY remodel, you need to stick to projects you’re confident you can complete.
These projects are ideal for a DIY remodel:
● Repainting
● Installing trim and molding
● Updating lighting fixtures and ceiling fans
● Replacing carpeting or flooring
● Adding built-in storage
● Installing a new closet door
● Replacing furniture, linens, and window treatments
Things you shouldn’t do yourself include installing new electrical fixtures, moving walls, adding or moving windows, and installing gas fireplaces.
Set a Budget
Next, decide what you’re able to spend on a remodel. Your budget should reflect the value of your home and your personal financial situation. Zillow recommends basing your budget on the value of the room as a percentage of your overall house. It’s not necessary to pay cash for home renovations, but if you choose to finance, ensure the payments fit within your budget.
Price Out Projects
Now that you have a plan and a budget, it’s time to determine how much each project will cost. Research costs for construction materials as well as new furniture and décor, keeping your budget in mind as you select options. Don’t forget taxes and shipping costs in your calculations.
With a list of projects and prices in front of you, revisit your budget. Do your plans fit within the constraints of your budget, including a buffer for unexpected costs (Curbed suggests 5 percent, but if it’s your first DIY remodel you might want a bigger cushion)? If not, you’ll either need to cut low-priority projects or find ways to reduce costs, such as choosing less expensive materials. However, be mindful of cutting too much: It’s better to do a few projects to a high quality, saving the rest for later, then to end up with sub-par results.
Get to Work!
With your project planned down to the penny, you’re ready to get started. Stay flexible as you remodel — you never know what kind of unexpected surprises could pop up — but avoid deviating from the original plan too much. By planning carefully and following through on that plan, you can achieve a DIY bedroom remodel that fits your vision and your budget.
Article written by guest writer Erin Reynolds with www.diymama.net.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
“During the first two rainy and muddy miles of the American River 50-mile Endurance race, I could tell my father was smiling upon me through the clouds and parting away my doubts.” Carmen Micsa
At the start line of the American River 50-mile race at Brown’s Ravine in El Dorado Hills, CA. The rain came hard and runners huddled under a few tents to stay dry. I had my bags packed, as I planned to change clothes half way, which was at Beal’s Point in Folsom, CA.
Are you one of those people who swears not to do something as crazy as running a 50-mile race, but then you end up doing it anyway? Yup! That’s me. I remember two years ago when I started trail running with my awesome and super upbeat Trail Mix runner friends and heard them talk about their upcoming American River 50-mile race. “That’s like running two marathons on top of each other,” one of my friends explained. “That’s crazy,” another guy replied. That day, I said to myself: “Yup, I will sure pass on running 50 miles. What’s the point anyway?”
Two years later the morning of my race, I got to hear my husband tell me a few times that I was crazy running in the rain and mud and doing my first 50-miles. “Are you sure you don’t want to give up the race this year and maybe do it next year when you’ll have better weather?” my husband asked me while driving me to Brown’s Ravine. “Of course I’m sure, honey!” I replied, pretending to laugh at my husband’s wimpy suggestion. “Ultra runners are not scared of mud and rain. On the contrary, they are like happy pigs rolling in the mud and gushing out with joy while splashing through water, dirt, and mud,” I clarified.
First 25-Miles of AR-50 Running Through Puddles – A Tale of Rain
After I sent my bags with dry clothes and shoes to wait for me at Beal’s Point and at the finish line, I used the restroom and went to huddle under the pop-up tents waiting for the race to start. The rain came down by the buckets, soaking the ground and my socks, but definitely not my spirit. For some reason, I kept smiling and telling myself that I was ready to run my first 50-mile race. Finally at 6 a.m., surrounded by my crazy ultra runner friends, the morning darkness, and lots of excitement, the race started. I wore my headlight and paid extra attention to my feet, trying to avoid the puddles and the poison oak that came on early. Unlike other races, my father watched over me from Heaven at around mile two when I could see the clouds scatter like bad dreams and my doubts parting. I was happy and felt good to run. I also chatted with different runners on the course and stayed between 9 minute pace and 10 minute depending on the hills, as I knew I had to conserve energy.
Running through cold puddles was pretty standard during my race.
A few miles into the race and I already hit the bike trail, which made it easier to keep my running smooth and more consistent. Around mile 5, or so, I came across Sara, who told me: “Hey, I know you! You passed me at the Chanoako 50K race and you were so fast on the flat portions.” “Yeah, I remember, “I replied and started to run with her, chatting about ultra running, races, nutrition, English, since she told me she was an English teacher, and so forth. Only in her late 20s, Sara impressed me with her maturity and determination to do well in life, teaching, and running. Unlike the last 50k race, when I finished ahead of her, this time she killed it and finished more than 2 hours ahead of me. I was proud and happy for her!
Sara and I ran together for about 4-5 miles, keeping each other company. I love making new friends everywhere I go!
To my great surprise, once I got to the top of the steep hill on the Pioneer Express trail by Hazel, which was the same spot I had done hill repeats with my awesome coach Robert Ressl-Moyer, who had to work hard on my schedule, and my teammate Genevieve, one of the volunteers told me that I was the 12th female. I felt encouraged to keep up my pace and hit the trails together with other runners. I was looking forward to getting to Beal’s Point, which was at mile 25 so that I could change my drenched clothes and shoes.
The lake enshrouded in grayness by Hazel as seen from the Pioneer Express Trail. All the climbing we do gets rewarded at the top.
After a few miles of running on trails with my Nile Pegasus road shoes, I hit the bike trail again and kept on going towards Beal’s Point. My plan to run at 9 minute pace was not easy to execute, since the hills kept coming at me. I decided to not worry if I hit 9:30 pace and just keep on running. Soon I could hear the cheering from Beal’s Point and knew that I was close. I picked up my pace and ran strong through the start line arch at Beal’s Point that showed my official time for the first part of my 50-mile race, which was 4:17. I was pleased and headed towards the aid station, where I ate bananas, pretzels, and chips. My first drop-off bag was waiting for me and I went to the bathroom to get rid of my wet clothes, or more precisely to wrangle them off of me. They stuck on my wet skin, making me lose momentum and precious time, but after about 10 minutes of pushing and pulling, I was dry and ready to run the trail portion all the way to the finish. I sent a quick text message to my husband and my awesome friends and racing teammates Andrea and Adam to let them know that I was leaving Beal’s Point and that I would see them soon. How soon would that be, you might ask? How long would it take me to run the next 16 miles till reaching Rattlesnake Bar, where my friend and pacer Adam Mclearan would pace me to the finish line? I had no idea what would come next!
Second Part of My 50-Mile Race – A tale of Mud and More Mud
As I ran around the lake to get onto the levy, I saw my good friend Tracy Bedwell run right ahead of me. She looked strong. I was happy for her and knew that she would most likely finish ahead of me. The first few miles on trail went pretty good, even though my pace dropped into the mid 10s. The sun was out shining by now, so I felt giddy and rejuvenated, as you can tell from my aid station stop.
Feeling pretty good, although the left calf muscle got pretty tight on me. Also big mistake at this aid station. I forgot to fill up my hydration pack, thinking I have enough water. Next miles will be thirsty, lonely, and muddy.
The steep hills kept coming, so I had to power hike a few of them while admiring the Folsom Lake to my right. The sun shone, making the trail glitter with gold. The clouds stopped frowning and being grumpy, so I felt encouraged and tried to push my pace, but my body was a little worn down, so I listened to it and ran slower.
The clouds dissipating, hanging over the Folsom Lake.
As I kept running, I soon got to stretches and stretches of mud that slowed me down to a walk. I kept thinking positively that it was just a short muddy section and that the trail would clear up soon. No chance!
Through the mud I walk. I saw a runner right in front of me lose his shoe in the mud and I wasn’t going to risk it. Many runners fell in the mud and I was just cautious and choosing to walk these super muddy sections called the “meat grinder.” Maybe they should change the name to the mud grinder, right?
Around mile 33, I realized that I was completely out of water, so I asked one of the runners when the next aid station was coming up. He said that the next one was at mile 38 at Horseshoe Bar. I gulped, feeling my dry throat and said to myself that I had practiced this in my last long 24-mile run with my friend Tracy, when we both were left without water and food. At least, this time I still had two Spring energy gels, my new favorite all natural and real food nutrition, which never made me feel sick at my stomach. I ate them slowly, squeezing the delicious contents with care and determination to get fuel in my body, since I was out of water. I wished I had turned into a camel and access fresh water from my hump, but no. I had to remain the thirsty ultra runner, plugging along.
The mud continued to wind down the meat grinder portion of the trail that not only grinded my feet, but also my spirit. I was disappointed at my pace, but at no time did I think of dropping out of this crazy 50-mile race. The next thing that kept me going was to run, walk, power hike to the next aid station at mile 38, and from there to mile 41, where my friends and pacer were waiting for me.
The love of running gives us hope, determination, creative resources to solve our physical and mental problems that arise during tough and long races. I was without water for about five miles and during that time, all runners passed me, even a few 70-year-olds who looked perky and happy, as opposed to me who kept getting slower and slower. Instead of getting mad for being passed by so many runners, I felt a huge surge of gratitude. On the one hand, I was grateful to be running my first 50-mile race. On the other hand, I was humbled to grasp the ultra runner’s philosophy of running, which is mainly finishing what you started whether you run, walk, hike, or crawl – that indomitable spirit. True grit!
While fighting to keep my shoes on my feet and not lose them to the voracious mud, my father watched over me again and sent me Dan to run with for a mile, or so. Dan was my father’s first name and I was running with Dan! The gentleman’s real name was Donnatti, which is Italian. He told me that when his parents came to America, they could not keep the Italian name, so they changed it to Dan. A tall, slender man in his mid 60s, Dan kept me company until his legs felt good and he took off. My legs did not feel that surge and my left calf muscle was super tight by now, which had caused my left knee to hurt and be in pain as well, but my soul and spirit had become unmoored – no mud could bring down my desire to finish this race. As I walked through mud, I talked to my father and felt the warm sun on my back. Before I knew it, I could hear loud screams and cheers and I found myself surrounded by my crazy awesome Trail Mix friends who were in charge of the Horseshoe Bar aid station.
“It’s so great to see you, guys!” I said as happy as a person walking days and days through the desert only to finally come across an oasis. “You’re like an oasis in the desert!” I told them. “I have been out of water for six miles (the five miles all of a sudden turned into six, or I was delirious) and my calf muscle is super tight.” “I got pickle juice for you, Carmen,” said my awesome friend Debbie Tavalero Pearson. “I’ll take it,” I replied while stuffing my face with potato chips, bananas, and oranges. While I was eating and telling my friends that I could not accept their fireball little alcohol shots, because I would get drunk and fall on the trails, Brad De Luchi was already refilling my water pack with a sense of duty and purpose that he is capable of out of dedication for his fellow runners. He is an amazing human being and a true ambassador of trail running. Thanks so much, Brad for replenishing my water and splashing some life into my stride to continue and eventually finish my longest and toughest race.
My awesome friend Brad De Luchi is refilling my water pack with such kindness and dedication. Truly blessed to have such wonderful friends who volunteered their time to take such good care of us all the runners.
The Last Nine Miles to the Finish Line
I had left the Horseshow Bar aid station with renewed energy and focused on running, walking, power hiking, or crawling to mile 41, where my pacer and all my other dear friends were waiting for me. The hills and mud fest continued, but I knew that once I reached Rattlesnake Bar, the next aid station, the running should be easier, as I had my awesome friend and pacer Adam Mclearan to run with me to the finish line. I was also looking forward to seeing my best friend and training partner Andrea Brizendine, who took the day off to come support and cheer on me, for which I was very grateful. My other friends Mark Riggle and Ron were volunteering at that aid station and they also made my day with their smiles and dedication to us “wretched” souls out there.
After imagining my arrival at mile 41, I finally got there. My friend Andrea sat on a folding chair right in the front. I was elated to see everyone and I pulled a Shalane Flanagan and said: “Fuck yeah!” My friends laughed, as I rarely say any bad words. Adam and Mark had me sit down and eat. I told Adam that I wanted to get going as soon as possible, so after hugs and another “Fuck yeah,” Adam and I took off on more runnable trails with the sun warming our backs.
Fueled by food and love from my friends Adam, Mark, Andrea, and Natalie. I never thought of quitting, as I knew they were waiting for me at mile 41 and they delivered!
Adam and I climbed a steep hill to get on the trails away from the aid station, after which I started to feel better and we had a great stretch of running fueled by jokes, as Adam is quite funny and smart, and a few more aid stations. The wild flowers spread joy and hope to the muddy trails, lifting up my mood, and infusing me with a stronger desire to keep on going and get to the finish line, where my sweet husband was waiting for me.
Photo credit to Adam Mclearan. I loved the poppies on the trail and asked him to take my picture. The rain and mud could not take away my joy of running and being surrounded by these beautiful wild flowers. I felt like running through Paradise as fast as I could to meet my dad and hug him.
After this good stretch of running and talking, the last four miles, which were all uphill came. My calf muscle was quite tight and I had no desire to try to run up those steep hills, so I told Adam that I was walking until I could run again. I also told him that this 50-mile race was the toughest thing I had done in my life, even tougher than giving birth. At least I felt that way. “I am not running another 50-mile race,” I told Adam, as the hills kept coming at us. “Not today,” he replied calmly. “Ha!Ha!”
The entire time Adam paced me, he let me lead, as he knew I was tired. Yet, on the last steep hills, his longer legs made his power hiking so much easier than mine. I so wanted longer legs! So unfair to have these short legs on the trails!
The sign with 2 miles to finish came up and I still had no desire to try to run up those steep hills, which is why we had more runners pass us. I just wanted to finish and eat some warm food. Even my walking up the hill was slow, but I kept at it and focused on keeping the left calf muscle and knee as comfortable as possible, if you can call running 50 miles a contentment. We were getting closer and closer and by now I knew I would finish. My coach Robert who had helped me so much with all my training called me. I answered my phone, since I was walking and told him that I would be done soon and that the mud had been crazy. Then we got disconnected.
With less than half a mile left, something miraculous happened. My pain lifted up like fog hanging over mountains. My body felt as fresh as if I had just started my day with a casual jog. My being rejoiced and tears came down my cheeks. I cried and ran. I ran and cried with Adam behind following me. I ran over the last hill, as if it were as flat as a pancake. I sprinted to the finish line and threw my arms up in the air with the clock behind me showing 12 hours and 2 minutes of running, walking, hiking, and crawling. Right after I crossed the finish line and saw my husband and my friend Andrea, I broke into tears and could not control myself. It was a cathartic cry. I could finally release all the emotions, hardship, bad weather, much slower pace than anticipated, and JUST CRY. After 12 hours of being out there, crying made me happy. It was a joyous ending! It was a 50-mile long cleansing of my soul through rain and mud. I did it, as you can see in this awesome video taken by my friend Andrea!
Adam is consoling me and acting like a big brother. I needed this cry and could not believe that I had just finished my first 50-mile race. It was epic!
My sweet husband Catalin is always waiting for me at the finish line of my long races. He also drops me off so that I can sleep longer and just race the next day. I love him so much!
Adam, Andrea, and I call ourselves the “three musketeers,” so we all did it, even though I had to take the tougher and more arduous mission that day! All for one, and one for all!
The vegetable soup and hummus vegetarian wrap sandwich wrapped it nicely for me. It felt good to sit down and joke with my friends who had already made bets that I would still run another 50-mile some day. Maybe not a 50-mile soon, but I might try the 100K race next year. Who knows? When we believe, it is all possible and attainable!
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
By Lucille Rosetti, contributor and writer to Runningforrealestate
There can be many benefits to moving locations after enduring a significant loss. A new home can offer a change of scenery and fresh start, one you can make new memories while still cherishing old ones.
Here are a few things to consider, if you think you are ready to relocate after losing a loved one.
While buying and selling a home is an action that requires a lot of thought, in order to get through it with as few headaches as possible, you should hire a qualified real estate professional.
You should then spend time researching where you would like to move so you feel comfortable embracing the added change. If possible, rent instead of buying to give yourself some flexibility in decision making, as it can take time after a loss to think clearly enough to make such a permanent commitment. Lastly, develop a budget you feel comfortable staying within both in your search and sale — and stick to it.
As you prepare to move, you might find the idea of packing and downsizing difficult. Deciding which of your departed loved one’s items to keep or discard is an important step in one’s grief. Keep anything you think may provide you with comfort, and when in doubt, know that you can always get rid of it later. The grieving process is different for everyone, so do what you feel is best for you.
If you’re reluctant to throw away their belongings, but also don’t want to keep them, consider passing them on to other family members who may enjoy having them. You can also repurpose items in a way that allows you to make your loved one feel included in your new home. This can be done by making an album out of photos instead of showcasing them throughout the house, or taking samples of some of their favorite things and creating a memory box with them.
Forbes magazine recommends blocking off a chunk of time in which you can focus exclusively on that single task. If it is too hard for you to take on alone, ask for help. As you go through the packing process, make sure you label everything that is in each box so that unpacking is easier on you. Use clothes, towels, bed linens, and old newspapers as an affordable way to prevent delicate items from breaking.
If you’re moving during the school year, chances are it will be a bit difficult for your kids. However, with the right support system in place, you can help make the adjustment smoother for them. Communicate with the school via their teacher, counselor and or administrators on any special needs your child may have as well as the context of the recent move. Find similar activities for your kids to engage in. When your children share their feelings, make sure you try to understand what they’re going through and be sympathetic even though you’re going through your own transition and change, according to The Spruce.com.
It’s crucial you keep an open dialogue so your kids feel they can communicate with you about how they’re coping. It may also help to encourage them to keep in touch with their friends from their old school so they don’t experience additional loss.
While it won’t be an easy experience, if you feel moving away from your old home will help you and your family in their grief, you should rest easy in that decision. Take the appropriate amount of time off for them to gain a sense of closure and find points of interest in the new residence that may excite them. In time, your pain will be transformed into a fond memory of your loved one.
“How is our Sacramento real estate market?” is a question I get quite frequently when talking to friends, past and new clients. Before elaborating on this question, I try to start with a simple answer, such as : “Well, it is a seller’s market right now.” This straight forward statement is immediately understood, but oddly enough, I have come across seasoned agents who still do not explain our purchase agreements to their buyers correctly and honestly.
One of my listings that I have sold for my sellers in three days with multiple offers. Yet, the buyer asked for $5,000 credit for repairs following the home and pest inspections, even though the repairs were quite minor. Their intention was to renegotiate on the price after the inspections, which should not be a buyer’s focus or hope when making an offer.
I have recently sold properties in Auburn, Rancho Cordova, Carmichael and acted as the listing agent, meaning that I represented the seller. On all the listings, I received offers at or above asking price with no mention about repairs on them, which is why I want to answer and clarify the following question for future homeowners, as well as sellers.
Is the seller obligated to do repairs for the buyer after buyer’s home and pest inspections to name just a few?
The answer is: NO. The seller can certainly choose to do some repairs, all, or no repairs based on the “as is” clause, or paragraph 16 that is in our contracts. Yet, most selling, or buyers’ agents do not bother to explain this clause to their buyers, who will get upset and frustrated later, if sellers do not agree to do repairs.
16. CONDITION OF PROPERTY: Unless otherwise agreed in writing: (i) the Property is sold (a) “AS-IS” in its PRESENT physical condition as of the date of Acceptance and (b) subject to Buyer’s Investigation rights; (ii) the Property, including pool, spa, landscaping and grounds, is to be maintained in substantially the same condition as on the date of Acceptance; and (iii) all debris and personal property not included in the sale shall be removed by Close Of Escrow.
With older homes there are more items that home inspectors point out on their reports. However, our purchase contracts are written as is. You can always try to negotiate, but sellers do not have to agree.
The moral of the story for buyers and sellers:
Buyers – Do not expect the sellers to bend over backwards to do repairs, or offer a credit. Be reasonable if you do ask for repairs and evaluate the repairs needed before making an offer in case sellers will not agree to do these repairs after your inspections.
Sellers – I hope you will work with an agent who will fight for every dollar on your behalf and who will not make you do unnecessary repairs, especially if you are selling your home at a great price and have had multiple offers. Have your agents negotiate on your behalf, and feel free to refuse doing minor/petty repairs that come across on the famous, or most precisely, infamous Request for Repairs form. Yet, be flexible with repairs that are major or safety items, as it is not always easy to start with a new buyer and it will definitely delay the close of escrow.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
With the continued growth of our real estate market and prices climbing, Sacramento is still affordable especially for Bay area buyers who agree that Sacramento is a thriving community with great nightlife, according to some Bay area newspapers, a flourishing art community, and an amazing bike trail system for various recreation purposes.
Grateful to listen to a wonderful presentation at our monthly broker meeting held at Sacramento Association of Realtors.
Sacramento’s Real Estate Projects
Natomas has 3,000 entitles, but unbuilt homes.
Folsom will have a 6,900 new units being built . The Folsom plan will add about 350 homes a year.
Rancho Cordova will also build 6,700 homes with a master plan being developed that would add about 12,189 new homes. Rancho Cordova has the advantage of being close to the Lightrail.
Downtown has 2,200 entitled or under construction units.
Sacramento has a lot shortage with a supply of about 5,700, which is approximately a year’s worth.
J St- 11-story project in midtown with 175 units being built, some as small as 440 sq. ft.
Some of the building projects.
Despite all these great new building projects, staff writer Ben van der Meer pointed out that new housing supply will continue to stay slim, which creates a shortage of new listings and inventory.
Sacramento’s Wide Open Walls – Art Meets Real Estate
Another reason to be excited about our Sacramento real estate market and all the new projects is the Wide Open Walls new murals that adorn Sacramento’s old and new buildings. With more building and development, the art movement is evident. More than 50 local, national, and international artists have produced some amazing art, using various techniques, such as spray painting.
A poignant and suggestive art mural and portrait of a child.
Along with enhancing the cityscape, Sacramento Congresswoman Doris Matsui said a thriving arts scene can be an economic driver for the city.
Portrait of Lady Gaga on the Golden One building, where I recently saw her in concert. Gaga-ism at its best done by Southern California artist Christina Angelina.
I was lucky to take the Wide Open Walls running tour done by one of my fellow runner friends Jenn Kistler-McCoy and organized by our best local running store Fleet Feet. Jenn is the founder of Sacramento Running Tours. She leads walking and running tours of our beautiful city and has tremendous energy, passion, dedication, and knowledge about Sacramento’s culture and history.
A collage of the art murals reflecting different themes, artists, and painting techniques. A feast for the eyes, heart, and soul! Sacramento moooves us with its sophistication – not a Cowtown anymore!
Due to the constant developments and our growing art movement, Sacramento will continue to be a wonderful place to live a lot more affordable than the Bay Area, so let’s be proud of our buildings – inside and outside with all their stories and adorning art.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
Most sellers getting their home ready for the market have consistently heard one word from their agents: declutter. Why is clutter bad? It obstructs the view for your potential buyers, as well as it diminishes the size of the house. The solution to sell for top dollars and not hear about clutter anymore is outlined in a great and practical book I read recently.
I found many answers to this question by reading New York Times Best Seller The Life-Changing magic of tidying up – the Japanese art of decluterring and organizing.
The author of this practical and powerful book is diligent to point out why people fail to declutter their homes using old methods of cleaning and organizing,,
TOP 10 TIPS TO TIDY UP & DECLUTTER
The book inspired me to get rid of too many clothes I don’t wear, like, or need anymore.
Here are my favorite top ten tips from Marie Kondo’s book, which I have enjoyed reading and has taught me a lot about cleaning, organizing, and decluttering, which I will apply to my own home.
Kondo starts her book by pointing out that changing one’s habits depends upon changing one’s way of thinking.
Her statement: “If you tidy up in one shot, rather than little by little, you can dramatically change your mind-set” has come as a revelation, but also as an obstacle to people who really have a lot of stuff. Kondo adds that by using this method, people are able to keep their space clean afterwards.
Storage methods provide superficial answers to the clutter, so get rid of things and don’t focus too much on storing and re-storing.
Another new concept to me, was tidying by category and not location/place.
If we need to understand clutter and declutter, we need to apply Kondo’s astute remark to our daily lives and activities and really start discarding and disposing of things, instead of worrying that we might need them one day. Kondo says in her book: “Effective tidying involves only two essential actions: discarding and deciding where to store things. However, discarding comes first.”
How does discarding work? Kondo believes that every item that does not bring us joy anymore needs to be discarded, unless we really use and need that object. When discarding, clothes are the easiest to deal with and photographs are the hardest. With this in mind, Kondo suggests that the order or sequence to tidying up should be: clothes, books, papers, miscellaneous items, and mementos.
Since discarding makes tidying up a smoother process, Kondo says: “to truly cherish the things that are important to you, you must first discard those that have outlived their purpose.” Great lesson to follow!
Get rid of “Just because,” Kondo points out, which means that people live surrounded by clutter and things they don’t need out of fear that one day they might need them.
When it comes to disposing of sentimental items, Kondo remarks that we cannot live in the past. Instead, the joy and happiness come from living in the NOW moment.
And last, but not least, decluttering and tidying up, according to Kondo means to reset your life and settle your accounts so that you can take the next step forward.
As wonderful as this book is, sellers need to know one thing: declutter should not be a dreadful chore, even though it is not easy to tidy up. Instead, declutter should be a means to attract more joy and more buyers willing to pay top dollars for a tidy house that will be appealing and attractive.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
When I first came up with the name of my blog, I felt pretty good about it and even gave myself a pat on the back for it. How appropriate! I love real estate and running, so running for real estate was created.
RUNNING FOR REAL ESTATE
Last weekend, I had the chance to literally run for real estate. I ran from home to a house in Carmichael that one of my out of town buyers was very interested in. I put my MLS key inside the pocket of my water hand held bottle and off I went all giddy at the thought of putting the title of my blog into practice. I felt like an inventor who is about to test his/her own creation after all the hard work that went into it. I felt like being a runner and real estate broker with a bigger purpose. I felt like a super efficient business woman mixing work with running. It was great to be able to do that.
Once I arrived at the house, I took a great video of the neighborhood and the house for my pre-approved buyer who was looking to move to Sacramento. Later that day, we made an offer on the house, but the buyer did not accept the seller’s counter offer, so we’re looking for other homes.
Speaking of running, good shoes are always a necessity. My company Dynamic Real Estate is the proud sponsor of Soles4Souls and we collect shoes that get sent out all over the world. Many thanks to everyone who donated and please keep the donations coming so that people all over the world can explore their environment in their new shoes.
10 Tips on buying a home sight unseen:
When buying rental properties, it is easier to buy something based on capitalization rate, as it is all about return on investment. Thus, having your agent take a video of the area/neighborhood and the house will be enough to help you with the purchase.
Videos can be great, but doing your own research regarding the neighborhood, schools, freeway access, shopping, public transportation, and parks is key when deciding to make an offer on a house that you have not personally seen inside.
Make sure your agent is honest and can share his personal opinion about the house, as if he/she were to purchase the house for themselves.
Ask your agent the following question: “Would you purchase the house if you were me?” “Why? Why not?”
Ask more questions about the location of the house, such as busy street, proximity to shopping, transportation, etc., because the video is just not enough in making the decision.
If making the offer first and then seeing the house inside once the offer has been accepted, which is not recommended for buyers planning to live in the house, unless they are very familiar with the neighborhood and floor plan, be open-minded. Reality is sometimes different than a short video.
If making an offer on a house just like I helped many international and out of state investor buyers without seeing the house till after close of escrow, make sure you obtain a thorough home, pest, and roof inspection to know what’s in store for you. Even with those inspections, there might be items such as the roof, or heating and air that will require work, so be prepared for future repairs/remodeling.
Make sure you hire a good property management company that will get you a good tenant and help with the maintenance and repairs.
Arrange to see your investment property shortly after close of escrow if possible. I helped my mom buy a house this way in Savannah, GA and she only got to see the house a year later. Luckily, she liked the house and was happy with her investment property.
Enjoy the adventure and find trustworthy professionals who can help you purchase the right property.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
With our Sacramento real estate market getting hotter, many first time buyers and investors will turn their interests to condos and townhomes for a few reasons: they are more affordable, require less work, as some of the exterior and roof repairs are covered by the Home Owner’s Association, and offer more security features, especially the gated ones. When I showed a condo to my cash investors last week, they asked me: “What is the difference between a condo and townhome?” Excellent question!
Just listed! Great condominium close to Sac State, Arden Fair Mall, and downtown!
CONDOS AND THEIR FEATURES
According to the article below from Realty Times, “a buyer of a condominium owns his or her individual unit, plus a percentage of the surrounding property, including land and any amenities on the property (The word “condominium” is Latin, meaning “common ownership” or “common control”).
Common areas include stairs, driveways, walkways, hallways, parking lots, and Home Owner’s Association amenities, such as pools and club house.
Only few condos have garages; most of them have shared carports.
TOWNHOMES AND THEIR FEATURES
As opposed to the condo, the townhome has a very distinct characteristic: owning the ground underneath the unit and having their own roof. Additionally, some townhomes look like a detached home and have garages, which is not that common with condos.
When I first got into the business, my first sale was a condo and then I kept selling quite a few others, so my nickname was “the condo queen.” I learned about each condo complex and sold a few townhomes, too. I am helping one of my clients who bought this condo with me 17 years ago. She used it as a personal residence and then turned it into an investment property. Thus, condos or townhomes can make great financial sense in a hot market, in which it might be hard to buy a home.
For more info on my new condo listing, check out the virtual tour, and feel free to call me for a viewing. This one will go quickly!
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
Romanians (Yes, I am Romanian American and quite proud of it) have a great saying: “smart people learn from the mistakes of others, whereas not so smart people learn from their own mistakes.” I would love for you to learn from my mistakes and know that learning from your own mistakes is unavoidable. Besides, when things happen for the first time, it has little to do with your intelligence level: it has to do more with life’s constant element of surprise, or what I like to call an ocean wave sweeping us off our feet when we are least expecting it.
Balance
One of the things I think I am pretty good at is balancing my busy parent, professional, intellectual, and athletic life. I feel that I can juggle things, because I use my calendar well and try to write down all appointments, all my to-do lists, and still have room left for fun activities. I also found out that as a runner, balance is key. I need to balance my workouts, the time on my feet, as well as make room for tennis and strength training. But what happens when you become a little too confident in your running abilities? Well, you tip the balance scales to the heavier training cycle of running, so you start doing two runs a day even after a race you did the same day, which I have done and felt great at the time. You know that your form is good, so you won’t get injured, but overuse injuries can creep up upon us. Our bodies take the beating up to the point of quitting, so that’s when we start having problems.
Five worst running Injuries I have had in the last two years
I always thought I had a stronger body than my body really is! And, yes! I am an optimist who likes to wear the rosy glasses often. Moreover, just because I have played tennis for 22 years and never got injured is not enough to proclaim the Herculean strength of my body. As a matter of fact, once I started to run in 2015, I realized how many weak areas I had in my body, starting with the ankle which I injured in my first month of running due to poor form and improper shoes for my feet (I was wearing the low Altra shoes that offer no support to our ankles), but bounced back in 4 days. Then the knees pointed out to me that I had developed IT band syndrome, when I felt pain on the side of my knees and runner’s knee when my knees hurt right below the knee cap.
My first half marathon Run the Sly in 2015, my first year running. I wore the copper fit knee sleeves to protect my knees from hurting, especially during longer runs.
My first CIM marathon that I finished in 4:13, even though I pulled my groin muscle at mile 18 and had to slow down.
Although I always ran with my knee sleeves on for about a year, as if they had magical powers, I had discovered that I could run without them with no pain when I forgot to put them on. That day I ran freely without any “crutches,” so to speak and felt like Forrest Gump .
Next injury took me almost six months to clear, as I had developed Planter Fasciitis after buying running flats that had a lower heel drop than I was used to and due to my tight calf muscles. Every morning, the sharp pain in my heel felt like walking on needles or stepping on a nail, but once I started my run, I was pain free and kept on going.
Towards the end of 2016, I also developed a mild form of shin splints, with pain running up the inside of my lower legs. Shin Splints can happen to runners whose feet maintain ground contact too long, or if the foot lands too far in front of them. Higher mileage will also contribute to shin splints.
My fifth injury came on totally unexpected on March 21st, 2017 after I did some intense speed workout on the track. I did 4 mile repeats and felt great until I got home and started to limp badly. My husband asked me if I twisted my ankle, or my foot. I said “no.” My speed workout felt wonderful as always. I just didn’t know what happened, but I was sure I would be like brand new by the morning. And, yes: my rosy glasses were on. I had no clue that I had developed one of the worst injuries that only affects 0.6 percent of runners from what I have read – see how special I am?
I had developed peroneal tendonitis on my right foot, which is extreme pain on the outside area of the foot right above the ankle. Unlike all the above-noted injuries that never stopped me from training and running races, this one left me limping and unable to run. Yes, I was smart to stop running, while resting and icing, but it was mainly because my injury forced me to do that. I have not run in two weeks, doing aqua jogging, stretching exercises, and foam rolling.
After two weeks of rest and doing aqua jogging, Pilates class, and core exercises, I have tried acupuncture http://www.acupunctureinsacramento.com for the first time in my life to attack the tendon and be able to restart my Mountains to Beaches marathon training coming up on May 28th in Southern California. It worked so well and I highly recommend it, but check about your injuries with your doctor first.
Although the article below talks about 5 most troublesome running injuries, which I had all, my sixth running injury comes and goes depending on how long and intense I run. I have had piriformis syndrome on and off, which is simply pain in the gluteal muscles, making it hard to maintain a certain pace, once it kicks in. I like to call this injury a kick in the butt, not figuratively speaking, as that’s the area that hurts and slows me down.
When it comes to healing all kinds of running related injuries, I recommend reading James Sullivan’s advice below and then read about my healing methods.
CARMEN’S 20 HEALING METHODS FOR THE ABOVE-MENTIONED INJURIES AND ADVICE:
Listen to my body and address the issue promptly.
Read many running books and changed my running form after reading the Chi Running book by Danny and Katherine Dreyer. I highly recommend it, as I was able to apply the lessons and improve my form and speed.
Read about the injury and take action to heal the body while running, if safe to run.
Changed the type of shoes I wore and currently run in the Nike Lunar Glide 8, which are better for my feet.
Changed my running shoes every 400 miles to avoid injuries.
Rolling my foot on a tennis ball daily and often while working at my desk to get rid of Plantar Fasciitis.
Using the foam roll often and doing different Yoga stretches.
Doing weekly core and strength training exercises, such as squats, lunges, kettle bell swings, bridges, and so on.
Doing hills to strengthen my body, especially my gluteal muscles.
Running much slower on my recovery days to allow my body to fully recover.
Running with friends to keep myself accountable.
Using the sauna to loosen up the muscles and recover well from tough workouts.
Using the Epsom salt baths after long runs.
Not running the day before a race and especially before a marathon.
Using the chiropractor once to realign my body.
Using the acupuncture and common sense to heal the tendon.
Not taking Levofloxacin or Ciprofloxacin antibiotics, as they can weaken the tendon and ankles, leaving one more prone to injury.
Talking to other runner friends and asking for their advice.
Staying humble.
Being wiser about life and running – hopefully!
CARMEN’S 12 GOALS FOR RUNNING STRONGER AND INJURY-FREE IN THE FUTURE ALL THE WAY TO 100:
Balance my tennis and running better, meaning that I won’t do a speed training session the same day that I play tennis. Instead, I will do an easy run the day I play tennis, or no run.
Strengthen my muscles more.
Do more stretches after my runs and ice more often at the first sign of soreness.
Give up racing, if a small nagging injury is present and wait to be totally healed.
Run mostly 5 days a week instead of 6, unless I am behind my schedule and my body feels healthy to handle the extra pounding.
Do two easy runs a day when feeling good, but never a hard run followed by an easy one. After a hard run, or race, I can do aqua jogging to relax the body and muscles.
Incorporate aqua jogging and biking into my weekly workouts for cross training and getting the body stronger.
Listen to my body more and respond with rest when needed.
Be flexible in rearranging my running schedule, if my body cannot accommodate a speed workout that day.
Mix road and trail running, but avoid running too many hills on tired legs.
Order custom orthotics for my high arched feet to take away the pressure from the calf muscles.
Use acupuncture, deep tissue massages, and active release techniques to stay strong and healthy.
I have tried Crossfit for a month and got my body stronger, while learning to incorporate some of the moves into my own strength training schedule, such as the deadlift move.
Although these injuries seem to be too much, I have enjoyed my running tremendously and highly recommend it to all my friends as the best mediation in motion out there. I have been successful at it, winning many age group races and even winning first female overall in the Gumby 5K trail run this year. I believe that with the right plan and improved running technique, I will continue to run many more races and marathons. Running is life!
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
Are buyers super tired of hearing about the importance of “location, location, location” every single time they work with a real estate agent like myself? Do we agents sound like a broken record, or is there more to these three repetitive nouns?
I have to be honest and tell you that when my husband and I bought our home in Carmichael, CA, I was not much into exercise and I was definitely not a runner. All my husband and I knew was that we wanted to live in Carmichael – the rural feel and yet the central location of Carmichael appealed to us. We loved playing tennis and we did notice that the house we bought was within walking distance from Carmichael Park, which made us happy. Good location!
Since I became a runner, I go to Carmichael Park to play tennis or run. I also go for walks with our kids and play Pokémon Go, because we are close to it and it is convenient to get there.
IMPORTANCE OF LOCATION
I have been in real estate for 17 years and I always try to educate my buyers about the importance of location for two reasons:
Buying a house on a cul-de-sac, one of the most desirable locations, because of reduced traffic, next to a beautiful park, golf course, bike trail, etc. can enhance the property value of a home and the well-being of its occupants, as it is convenient to exercise.
Therefore, buyers who are more nature, outdoor, and fitness enthusiasts might want to work with an agent who understands the importance of location when it comes to easy access to the bike trail, a public track, close proximity to a fitness club, nature parks, and so on.
Sacramento has one of the best multi-purpose trails in the country. Jedediah Smith Memorial Bicycle Trail, known as the bike trail, or the Parkway, stretches along 32 miles of parkway from Old Sacramento to Folsom Lake.
Ancil Hoffman Park, where one can watch deer, coyotes, and turkeys while exercising. The nature center and golf course are one of Carmichael’s hidden gems and treasures.
FITNESS CHECKLIST
As a real estate broker and fitness fanatic (I am an avid runner and tennis player), I recommend buyers the following checklist to make sure their new home will enhance their easy access to exercising whether it is biking, running, playing golf, tennis, etc.
Use Google maps to determine the walking distance from your new home to the above-mentioned locations.
Create your walking/biking/running routes and see how conveniently located you are from your new gym, for instance. I am 1 mile away from two of the gyms I belong to. I love to run or ride my bike there, which makes me feel that I kill two birds with one stone, because I get my run in and do strength training, or take various classes there.
Rate all the homes you visit based on the exercise convenience factor. For instance, five stars rating means extremely easy access to parks, nature preserve areas, golf courses, tennis courts, and fitness clubs.
Be realistic about the importance of your fitness goals and the convenience of achieving them based on the location of your home and decide if you can settle for anything less than three stars. Let’s say your new home is close to fitness club, tennis courts, and parks. That is a pretty good location, but as you go lower in stars, you need to decide if you need to keep looking for that three stars or higher fitness house.
Be very clear and specific with your agent about your fitness goals and the location of your new home and make sure that you do not waste time looking at homes that are far from your desired criteria.
After having your offer accepted and while in escrow, try some of your routes to make sure that your new neighborhood has a high walking score. Additionally, use this website to find the walking score of your new home https://www.walkscore.com/
To sum things up, I believe buyers should take the fitness factor seriously when buying a home. Analyzing a home’s curb appeal and all the remodeling should be done in connection with your ability to walk many places around your new home/neighborhood. Happy house hunting! Happy feet and happy to help you find that perfect FIT home of your dreams.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
Today at our monthly Sacramento Association of Realtors meeting, we had the honor to listen to Mayor Steinberg talk about Sacramento’s future as a growing city. He was engaging, informative, funny, and invested in making Sacramento not just a government town, but also a destination city.
Mayor Darrell Steinberg talking at our monthly meeting at the Sacramento Association of Realtors
Some of his immediate items to address as a newly-elected mayor were:
Working on our city’s image and transforming Sacramento into a more sophisticated and more visited city. A few ways to attract more visitors would be through the Kings Arena, a world class Science Museum and Exploratorium, an Aquarium, increasing the visibility of arts, opening up the water promenade, and connecting West Sacramento to Sacramento.
Working on providing more shelters and programs for the homeless.
Passing an immediate law regarding teenagers who will be paid for their summer work (just for a certain amount of hours). They will also be employed and paid for two months in their line of work right after college and paid. This will create a more robust work force and will help young people compete fairly in an already competitive market.
Encouraging and expanding the housing market with a variety of newly-built projects, such as the L St. lofts, I St. studio, as well as other ones that are being marketed and that I can help you show and purchase.
Creation of more jobs.
Keeping the real estate market affordable by increasing the supply through building new homes and condos.
To sum things up, Darrell Steinberg’s speech and presentation emphasized the need to increase Sacramento’s positive image, as well as continue to have a robust real estate market while keeping things affordable in our growing city.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
Do you ever feel satisfied and happy when you obtain something so easily that it feels unreal? Of course, not! Satisfaction and enjoyment come from some resistance, hard work, and some challenge. And yet, when it comes to one’s home, the biggest investment in one’s life, many people have jumped to obtain the Home Energy Renovation Opportunity (HERO), https://en.wikipedia.org/wiki/HERO_Program, which is a Property Assessed Clean Energy (PACE) program https://en.wikipedia.org/wiki/PACE_financing and continue to do so in order to retrofit their homes.
Types of residential and commercial retrofitting:
installing energy-efficient, water conservation retrofits
seismic retrofits
solar panels
energy efficient windows
energy-efficient heating and air systems
Installing solar panels is one of the most popular with homeowners
The PACE loan program was introduced in 2008 to finance energy and other retrofits with ease and very few requirements or disclosures. To qualify for this loan, homeowners need to have equity in their homes, so credit scores do not matter. It is also 100% financing with no money down from the homeowner. So far PACE sounds enticing and an amazing way to lower one’s utility bills by doing certain retrofits. Well, it really depends on your future plans, and if you have to sell the home, as this loan is designed to pass the debt unto the new homeowners, which might not make them happy.
HOW DOES PACE IMPACT BUYERS AND SELLERS?
Due to the fact that repayments of the PACE loan are made through the property taxes.
The house has higher property taxes than a similar home on the same street with no PACE loan on.
Sellers will leave debt behind to the new homeowners who assume all these upgrades whether they want them or not.
PACE is shown on the preliminary title report as a first lien.
The property taxes will reflect the additional assessment fees incurred through the PACE loan.
New owners assume the remaining assessment payments, or sellers are forced to reduce the selling price of the home to make the sale go through.
Interest rates can be 3 to 4% higher than traditional loans.
Having a PACE loan might be the only way for some homeowners to install a new HVAC system or new windows, but be prepared for the future impact when reselling the house, as it is not as easy to sell in comparison with a debt-free home.
Are the upgrades worth it in the long run? Sure, they are, but think of how long you will live in that house before getting this loan.
To sum thing up, pace yourselves when it comes to PACE and think of the future plans and the impact of trying to pass debt to the new homeowners. We all know that debt is not sexy!
Debt is a vicious circle
2017 NEW LAWS REGARDING PACE PROGRAMS
Under the new law, which took effect Jan. 1, entities that offer PACE financing providers are required to do the following:
Provide homeowners with a standard written financial disclosure similar to the federal Truth in Lending Act disclosure.
Give the applicants the right to cancel PACE contract within three days.
It limits the amount a homeowner can borrow.
It specifies that homeowners must own the property on which the home sits, be current on their mortgage and property taxes, and not in default or involved in bankruptcy proceedings.
When things sound too good to be true, most often they are, so be aware of the potential future hurdles when selling or buying a home under this program. Maybe try to qualify for a standard loan instead, as well as understand that it can take up to 20 years to break even on a solar system and that the money saved on energy bills is not that significant.
Do your homework, and let me know if I can answer any questions.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
Buying and selling a home are both emotional events, but selling a house in our Sacramento real estate market and any other market is even more emotional, as sellers put their heart and soul into their homes, remodeling, improving, and leaving behind indelible memories. With our low housing supply inventory that will continue in 2017 sellers rejoice in their opportunity to sell their homes for top dollars with little hassle and even with multiple offers. Yet, pricing your home right in a hot market is still key and Realtor.com offers some great advice and six rules on pricing your home right. http://www.realtor.com/advice/6-rules-follow-pricing-home/
DON’T FOLLOW YOUR FEELINGS; FOLLOW THE DATA! My duty as a real estate broker and professional is to present all the data, such as recent comps of other similar homes that sold in the neighborhood, statistics, and market analysis, which will help my sellers decide upon my suggested listing price. Thus pricing their home will be done based on carefully researched data and not emotions, feelings. By relying on the most current market data, sellers will avoid pricing their home too high. Also according to local appraiser Ryan Lundquist, it is important to http://sacramentoappraisalblog.com/2017/01/03/trends-to-watch-in-real-estate-in-2017/ choose similar homes to the one the seller has to sell, instead of focusing on the highest sold in the neighborhood and have appraisal issues later on during the escrow. Lundquist also points out that just because our housing inventory is low does not mean that sellers should command unreasonably high prices, which is also my position as a real estate broker. I like to be honest and upfront with my sellers during the listing appointment and not create false expectations.
Not all buyers will appreciate the older flushing system, so changing the toilet might be a great idea, giving buyers fewer things to nitpick.
Reasons Your Home is Not Selling:
Home is overpriced.
Home is outdated.
Home is over-improved for the neighborhood.
Home has been nicely updated and remodeled, but price is too high and buyers are not willing to pay for it.
Few, or no showings at all is a clear indication of the house being overpriced.
Plenty of showings, but no offers is also a sign that the house is overpriced.
Price is king!
Top Cures for not Selling:
Be proactive, not reactive, which simply means not waiting months and months before dropping the price and selling your home at what the market will bear.
Do not wait till you receive a bunch of low ball offers; instead, adjust the price accordingly to attract those highly motivated and well-qualified buyers.
Do not let too much time elapse in between price adjustments, or buyers will think there is something wrong with your house.
Enhance the curb appeal on a budget and make things inviting, so buyers can feel at home.
Work with highly reputable, honest, and experienced agents who can aggressively market your home and get it sold.
Besides having a three-page marketing plan for my sellers, I also market their homes on the radio show Real Life Lending on 105.5 FM
And least, but not last, remember that buyers today have so much more information at their fingertips and they are not willing to overpay for a house, so evaluate the recent sales and price your home to sell and you might even get more than asking price with the right marketing strategy.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
As we are getting close to leaving 2016 behind and usher 2017, it will be helpful to look at our November numbers and stats to understand where we are heading and what the new year will have in store for us. These numbers deal only with Sacramento county, but if you need stats for other counties, please feel free to click on Ryan Lundquist’s excellent blog that I quoted below.
The median price is the same as it was in August 2007.
Housing inventory is 22% lower than the same time last year (there is only a 1.36 month housing supply).
Sales volume was 17% higher this November compared to November 2015.
There were only 36 short sales and 34 REOs in the county last month.
Cash sales are down 11% this year.
The median price is $325,000 and is down 2% from the height of summer and 12% higher than last year.
The average sales price at $349,659.
2017 Real Estate Outlook
So with these stats in mind, I know that you want to receive the answer to the what I call the crystal ball question: “So how will our real estate market be next year?”
My answer is evasive and honest at the same time. “We never know exactly what the new year will bring, but according to economists and Realtor.com, we will see a 7% increase in value.”
This might be exciting news, but as Ryan Lundquist astutely pointed out in his wonderfully written and researched blog http://www.sacramentoappraisalblog.com, this is what our market has been doing for the last two years, which means that Sacramento will continue on the same steady path. Additionally, even though the Sacramento Bee called Sacramento the 4th hottest real estate market in the country, just because median prices went up 7%, it doesn’t mean that actual values increased by that much.
Getting a Loan and 2017 Interest Rates
These are some of our predictions for 2017 together with the fact that interest rates will go up by about half a point, but they are still super affordable. Today I have also had the pleasure and honor to talk about this on Real Life Lending 105.5 FM radio show hosted by Eric Elovski McKay who is one of my preferred lenders due to his extensive knowledge of the lending industry, his hard work, dedication, and professionalism. To apply for a loan with Eric, just go to his website http://www.ericwillclose.com.
With Eric Elovski McKay, host of Real Life Lending
Another important report that helps us real estate professionals is presented by our California Association of Realtors. According their forecast the California median homes price, this is not just Sacramento, is forecast to increase 4.3 percent in 2017, representing the slowest rate of price appreciation in six years. C.A.R president Pat Zicarelli also predicts that “San Francisco Bay Area will experience a decline as home buyers migrate to peripheral cities with more affordable options.”
Overall, we all need to be excited and positive about the new year, and let’s prepare our Champagne glasses for a prosperous, better, and brighter 2017.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
As the title of my blog is running for real estate, I am pleased to combine my passion for real estate with running. Moreover, rest assured that I will run and hustle to help you buy or sell a house the same way our bunny Peter runs up and down the stairs in this video! I believe in being quick and efficient in taking care of all your real estate needs, so never hesitate to call me with any questions. No strings attached!
As we approach the end of the year, almost everybody wants to know what to expect in the coming year, especially because of the elections and the rumors about interest rates going up, which are not just rumors. Interest rates will be going up a little bit in 2017, according to Oscar Wei, senior economist for California Association of Realtors. During our monthly meeting at Sacramento Association of Realtors, Wei did a detailed presentation on our real estate market- see entire link and forecast below.
10 Key Points to Remember as We are Heading Towards the End of 2016 and Ushering 2017:
Real estate is still considered a very good long-term investment.
Listings inventory is still low, making is more difficult for first-time buyers to afford to buy.
Long-time homeowners are not moving that often and wait about 10 years to move, choosing instead to remodel their homes and stay.
Boomers are not moving as often.
Builders are still not building enough new homes, which contributes to a lower supply of homes.
Interest rates are below 4% for now until the FED will decide what to do.
Consumer confidence is 9-year high.
Unemployment rates are 8-year low.
Majority do not plan to sell their home when they retire.
Most homeowners, as a matter of fact 92% of them, have equity in their homes, which is why we have seen a very low supply of short sales and foreclosure homes.
10 Key Points to Remember about 2017 Market Outlook:
We will see a modest price increase in 2017 of about 3%.
A 2% increase in sales.
The American dream and homeownership is still very important for the Millennials.
Investors buyers are dropping, but still active in the lower-priced market.
Unemployment in California will be around 5.3%.
Interest rate projected at 5% in five years.
Home prices will grow steadily next year.
Biggest challenge for buyers in 2017: lack of affordability.
Buyers will need to educate themselves on our market, the various loan programs, and the down payment assistance.
Pursue your dreams and find a way to build your own equity by stopping to rent and buying a home.
For more info on running and real estate, whether buying or selling, please e-mail me at carmenmicsa@yahoo.com, or call me at 916-342-2446. Running for real estate with joy!
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