investment

Protect Your Home While It’s On The Market

Ready to sell your home? Besides dusting every nook and cranny and pulling weeds from the garden, don’t forget to protect yourself and your home when it’s on the market! Here’s a few ways on how to protect your home while it’s on the market so that you can feel more at ease.

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Hide the Valuables
Don’t keep high-end valuables visible in your home while it’s on the market, including jewelry, collectibles and other items that are easy to steal. Keep a safe in the home with the valuables locked up, or secure a safe deposit box at your local bank to keep them in while your home is for sale. Another thing to hide? Your social security number, bank information, blank checks, prescription medications, and anything else that someone is able to snatch while undetected.

Inform your Neighbors
Had an open house or buyer showing? If you’re not returning home directly after, inform the neighbors to check to be sure the doors were locked in the home. This will keep your home safe from unwanted visitors who know your home is for sale.

Accidental Property Damage
Potential buyers want to know the ins and outs of your home. Many will want to test the appliances and facets for functionality. Will they remember to turn off the gas burners and the bathroom sink? Avoid property damage that’s caused by fires, water damage and other threats by asking your realtor to communicate these concerns to the selling agent. The selling agent can double check to be sure everything is OFF before leaving the property.

Gun Safety and Dog Bites
You might think your gun is well concealed in your bedroom closet or nightstand, but potential buyers will poke around to get an idea of storage space. If you keep a gun in your home, make sure it is unloaded, locked in a gun box and completely out of sight. It will prevent accidental injuries and theft. And if you’re a dog owner? It’s best to remove the dogs from the premises. It will make your home more appealing to non-animal lover and eliminates the threat of dog bites. If you can’t remove your pets from the home, secure a crate that can be placed indoors or out, so that the animal is safely contained during the showings.

Slips, Trips, Falls
If someone gets hurt on your property, they may hold you liable and sue. Since potential buyers aren’t familiar with your home, make sure to prevent inquiries and lawsuits with preventative measures such as; repairing loose and uneven flooring (check porches and decks), remove ice and snow from the walkways and steps, secure rugs with non-slip padding, keep hallways and stairwells clear of clutter, and make sure your home is well lit (both inside and out).

Your Local San Diego Real Estate Expert,

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Stephen Nissou
Nissou Realty Group   |   Keller Williams Realty
Direct 619-250-4541   |   Office 619-873-2772
E-mail: Stephen@StephenNissou.com
http://www.StephenNissou.com

CalBRE # 01443193

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Panoramic Views in Gated Rancho Jamul Estates

0000 Ufano Drive, Jamul, CA 91935

MLS 140000273

$299,000   •   2.5 Acres

Ready to build that dream home you’ve always wanted? Check out this beautiful Jamul lot- complete with panoramic views with the gated community of Rancho Jamul Estates. Water and electricity are on property, topograpbic map available with proposied building site to show you how to get full advantage of views & natural impressive boulders. Listed at an impressive $299,000 and 2.5 acres.
 
 For more information about this listing or to schedule a viewing please contact STEPHEN NISSOU today! 
Office: (619) 873-2773
Cell: (619)250-4541 
Email: Stephen@StephenNissou.com 
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Your Local San Diego Real Estate Expert,
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Five Mistakes to Avoid when Investing in Real Estate

Investing in Real Estate is no joke. It is a serious business that is filled with some of the most experience people. When investing, be sure to take it seriously, otherwise you risk damaging opportunities before you even get started.

Mistake #5 – Take it seriously. This cannot be a hobby. Be sure to start by putting business cards everywhere and anywhere – bulletin boards in coffee shops, garages, anywhere you can pin them for free. Websites, blogs and articles are one of the most effective ways of getting your name out there an building a brand. Connect with others via social media like Facebook, LinkedIn and Twitter. Be sure to set up an LLC and get a Federal Tax ID number. I tell many of my prospective clients to look into also opening a business checking account.

Mistake #4 – Not being well educated. Education is key. Investing can’t end with your first purchase. Get ahead of new trends and strategies that are being used in the business. Read blogs, websites, and books on real estate investing.

Mistake #3 – Statistics show that 92% of all sales start online. Create a website and use the internet to search for new leads and opportunities. It’s free- why not use it? Many forget that technology is leading the world of Real Estate investing. It’s a great resource to use.

Mistake #2– Real Estate Agents aren’t the enemy to you, even if you think they are. One mistake many people make is that they don’t use an agent because they think their only involved for the commission. They are good at uncovering opportunities in their daily business since it is, well, their business. Although there is a commission fee involved, many times it’s worth it to pay. Find the right agent who understands what you’re trying to do and can help with questions you might have.

Mistake #1– Not being well-versed with the media. Media of all kinds, whether it be social media or TV, print, etc. is one of the most credible sources for many looking to invest in Real Estate. Try reaching out to a local establishment and see what they can do to help you.

Are you a real estate investor? What tips do you have for the readers? Leave a comment!

Your Local San Diego Real Estate Expert,

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Top 8 Things To Ask Your Lender During The Application Process

 Mortgage Lender Application ProcessThe Loan process can be somewhat daunting if you don’t know what to look for, or who to ask questions to. Here are the top 8 things I tell all my clients when they are ready to go through the application process for their loans.

1)      What documents will I need in order to receive full mortgage approval?
Residence history, marital status, credit obligations, down payment, income, and employment verification are the most important information you will need for a full approval.
2)      How long will the entire process take?
Communication during the process is essential. As long as you ask all questions ahead of time, and get all of your documents together during the process, then the process should be fast and easy. Your loan officer should be able to give you a total amount of time for how long it will take to close on your mortgage.
3)      Are my taxes and insurance included in the payment?
If you include taxes and insurance into your payment then you will have a higher monthly payment to the lender, but you also won’t have to worry about coming up with large sums of money to pay the taxes when they are due.
4)      Will my payment increase after closing?
Try to choose fixed interest rate loans. This will allow you to never have your loan payment increase over the life of the loan. If your taxes and insurance are included in your payment, then your total payment will change over time due to the changes in your homeowner insurance and property taxes.
5)      How do I lock in my interest rate?
Most loan officers pay close attention to market conditions, as rates move several times a day. It’s good to know the terms and what the process is for locking in your interest rate.
6)      How long will my rate be locked in?
Typically, rates are priced with a 30 day lock. You can choose to hold off temporarily if you are purchasing a short sale or foreclosure listing. The shorter the lock period is, the lower the interest rate. The longer the lock period, the higher the interest rate.
7)      How does my credit score affect my interest rate?
If you have any recent changes to your credit score, be sure to get specific answers. There are many key factors that can influence fluctuation in your credit score. Fill your loan officer in on anything you can think of that might be tied to your credit.
8)      How much do I need for closing?
Ask your loan officer to estimate how much you need to budget so that you are prepared ahead of closing. Your deposit, appraisal fees, and seller contributions can factor into this final number as well.
The better you understand the entire loan process, the better your entire experience will be. Remember: You can never ask too many questions.
Your Local Expert,

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