Thursday, March 30, 2017 / by Joseph Pfeffer
Warmer Weather Means More Critter Activity
Hampton Roads is a wonderful mix of urban and green places. We can all appreciate our wildlife refuges and habitats, which many of us can view from our own backyards. The hummingbirds feeding from your spring flowers are captivating; the five foot long black snake you find living under your front porch, not so much, even though the black snake will help keep other pest populations (like mice) out of your crawlspace. If you find unwelcome critters have taken up residence in your home or yard:
- Stay calm! Try not to frighten or corner an animal that is already wary of you. Keep children and pets away from the animal(s).
- Contact the right organization for help with removal, if necessary. Some local resources may be found at www.pestworld.org, local humane societies (for animals such as raccoons or possum), or https://www.vbgov.com/residents/animals-pets/Pages/animal-control.aspx.
- Plan ahead! Ten or fifteen minutes o ...
Wednesday, February 8, 2017 / by Joseph Pfeffer
Surveys of homebuyers show they wish they had known more about what to expect before buying a home. Some of the most common:
- How the home inspection really works.
- How often negotiation happens throughout the transaction.
- How to avoid being taken advantage of.
- How long it really takes to buy a home.
To receive a copy of the survey, send me an email at email@example.com, with the email address you would like it sent to.
Have a great week!
Monday, January 23, 2017 / by Joseph Pfeffer
How much is my home worth? If you enter this question into your preferred internet search engine, the results are immediate and inundating. That doesn't mean you're getting a true picture of your home's current market value. Generally, real property (in layman's terms, your home) value is influenced by:
- Physical factors, such as location or topography
- Economic factors, like availability of credit or the amount of inventory available (lots houses for sale but few buyers, or lots of buyers but not many houses for sale)
- Political factors, such as taxation regulations
- Social factors, such as population shifts
The Uniform Standards of Professional Appraisal Practice (USPAP, www.uspap.org), which generally defines appraisal standards in the United States, defines market value as the kind of value a property should bring in a competitive and open market under all conditions requisite to a fair sale. Just like the stock market, where stock values change according to market c ...
Thursday, January 12, 2017 / by Joseph Pfeffer
You are ready to sell your property! You've probably been painting, cleaning, de-cluttering, and landscaping for days. Don't forget your warranties that may transfer when you sell your property. Some items that may have warranties are:
- HVAC (heating, ventilation, and air-conditioning) system
- Major appliances, such as the refrigerator, dishwasher, or stove
- Roofing, siding, or interior flooring
You can have all of your warranties in one quick reference binder, so the information will be readily available when buyers have questions.
Sunday, January 8, 2017 / by Joseph Pfeffer
But it's only January! Right? The housing market gets busy in the summer? However, some things to take into consideration if you are planning on selling your home:
According to the Real Estate Information Network (REIN) statistical data (excluding new construction), for 2016 in Hampton Roads, the average time it takes to sell a home once it is listed in the MLS (Multiple Listing Service) is about 80+ days. (Source: https://reinmls-live.s3.amazonaws.com/stats_statistics_16.pdf)
To move in June, you would probably want to get your property listed for sale by April. How long will it take you to get your house in showcase condition, photo-perfect, ready to list? That depends on your schedule; in some cases, it can take a month or two, or even longer. You can get ahead of the big summer rush, and make sure your home is ready to go when buyers are ready to buy.