How to Win a Bidding War

Buying a home is an emotional, complex and often stressful process. This is doubly so if you’re buying in one of the country’s hottest real estate markets, where there are more buyers than there are houses available. It’s quite likely in these situations that you’ll find yourself in a bidding war with other buyers. If you want to ensure your bid is the winning offer, follow these strategies.

Pay with cash

This won’t be possible for everyone, but if you have the cash, make an all-cash offer. In a particularly hot market, cash will always win out. Sellers prefer buyers who pay cash because the deal will not be dependent on whether or not the buyer can secure financing.

Get preapproved for a mortgage

If paying all cash is not an option, you must get preapproved for a mortgage before making an offer. You’ll get a letter to submit with your offer that shows the seller how much money you qualify to borrow. In a scenario where a seller receives multiple bids, you’ll automatically count yourself out if you are not pre-approved.

Study the market

Before you begin your search in earnest with the intent to make an offer, spend some time researching online listings for the neighborhood. Know what kinds of houses are available, what the inventory is like, and what the prices tend to be.

Submit the first and best offer

In a tight market, it pays to be aggressive. When you find a house you like, be the first to make an offer. Not only that, but make sure your offer is the best. If the seller has listed the home at an appropriate price, be prepared to offer what they are asking.

Include an escalation clause

If you’re willing to go higher with your offer, consider including an escalation clause. This gives you the option to increase your offer should another buyer bid more than you. It also signals to the seller that you are serious about your offer. However, you should know what your price ceiling is, and stick to it. Otherwise you run the risk of the appraisal coming in for less than your offer, which could affect your ability to secure a loan.

Limit contingencies

Contingencies let a buyer out of a contract if certain issues aren’t addressed. Sometimes buyers want to include a contingency that the sale only goes through if their own house sells first, or if certain items are repaired. If you know a house is going to net multiple offers, you must limit the number of contingencies if you hope to win a bidding war. Sellers will generally choose offers with the fewest contingencies.

Get personal

Do you really love the home? Can you imagine your kids enjoying that backyard tree house, or see your dog loving the enormous backyard? Then write a letter to the seller explaining your reasons for wanting the house. Appealing to a seller’s emotions can be incredibly persuasive, and you may be rewarded with the winning bid.

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Understanding the Stages of Remodeling

Are you thinking about buying a fixer-upper? Or maybe you’re finally ready to move forward with a home remodeling project? Whatever your plans, it’s good to know what to expect before you begin.

Home remodeling projects can be complex and sometimes its seems the end is never in sight. But if you go into the process armed with knowledge, it will be much less stressful for you and your family. Here are the major stages you can expect to move through on your way to a completed project.

Stage 1 –Planning

The key to a successful remodeling project is to stay organized. This means having a firm plan in place before you begin. Planning includes:

• Design – Make decisions before you begin about what your project is going to be and what the details of the design are. If you are hiring professionals, they will provide architectural plans. If you are completing the project by yourself, you should at least try to sketch out your ideas onto paper so that everyone involved is on the same page before you begin.
• Budget – Before you begin tearing down walls, decide what your budget for the project will be, and how you will stay within that budget. Be sure to include all the appropriate costs, such as new appliances and construction materials, and even new paint or wallpaper.
• Prepare – If you’re hiring professionals, research and interview contractors. Apply for and secure any permits that are needed to complete the renovation.

Stage 2 – Demolition

Once your preparations are complete, it’s time to move on to the next phase – demolition. During this stage, you or your contractors will be ripping out anything that needs to be removed and replaced. This can include walls, ceilings, cabinets, windows and floors. If you feel comfortable doing this yourself, you can save some money. If not, leave it to the pros – especially if any areas being demolished contain asbestos or lead-based paint.

Stage 3 – Construction

Depending on how large your project is, you may need to temporarily relocate during this phase of the remodel, especially if you’ll be without water or electricity for any length of time. Some of the work that is completed during this stage can include:

• Creating framing for new walls
• Adding beams to support new weight
• Putting in new doors or windows
• Installing electrical, plumbing and HVAC
• Adding insulation and hanging drywall
• Installing new flooring
• Adding finish work such as paint, wallpaper and other finishes
• Adding new exterior siding and gutters

Stage 4 – Cleaning Up

Once construction is complete, you may think you’re finished. But wait! There’s one more important step before you’re done and that’s cleaning up. You can expect the contractors you hire to do some basic cleaning, but to make your home truly livable and beautiful again, you’ll need to get in there and really clean. This includes removing all the dust and debris that has accumulated.

Once your cleaning is complete, it’s time to move back in. This is the fun part, where the renovations you’ve been dreaming about are finally a reality. Enjoy unpacking and moving into your freshly remodeled space!

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the lifeblood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

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What is a Pocket Neighborhood?

Have you ever heard of a pocket neighborhood? The term was first coined in 1995 by the architect Ross Chapin and refers to a small group of homes that face each other and share a common space. It promotes the idea of building community and establishing ties to your neighbors in a way that traditional neighborhoods do not.

How is a pocket neighborhood different than a traditional neighborhood?

Pocket neighborhoods are quite a bit different than the traditionally planned communities we’ve become accustomed to in the past few decades. Instead of encompassing a large area with perhaps dozens of home, a pocket neighborhood is like a smaller neighborhood within that space. It generally includes just a handful of houses around a shared space such as a garden, a pedestrian walkway or a reclaimed alley.

How does a pocket neighborhood promote community?

In most traditional neighborhoods, a sense of privacy is maintained from house to house. Not so in a pocket neighborhood. Since everyone has a stake in the shared space, a greater sense of community is inspired. You’re more likely to know who lives in each of the homes in your small area, and that sense of being in it together gives children more freedom to play. Neighbors keep an eye on each other, and it’s more noticeable when strangers are in the area.

Why is the shared space so important?

An essential component of a pocket neighborhood is the shared common space. Often, this is a garden or green space, and all of the homes are tasked with its upkeep. In more urban areas, the shared space could be a pedestrian walkway or even an alley, but the concept remains the same – all the residents are invested in the upkeep of the shared space. The space has clearly-defined boundaries that allows neighbors the opportunity to get to know one another and makes for a safe environment for kids to play.

How are pocket neighborhoods designed?

These types of neighborhoods are expressly designed to promote interaction. Each neighborhood contains a limited number of homes, and each faces the common area, instead of away from it. Homes are generally on the smaller side, although pocket neighborhoods still work well in affluent neighborhoods with larger homes. The homes themselves are designed to maintain privacy, but the layout of the neighborhood itself is intended to inspire people to get out and interact with one another.

Is a pocket neighborhood right for you?

Pocket neighborhoods are great for people who are retired, families with children, singles who don’t want to feel isolated and anyone who desires to feel part of a community. If privacy is your main concern, a pocket neighborhood may not be the best choice for you. But if you want to feel more connected in an increasingly disconnected world, a pocket neighborhood is an excellent choice.

Where can I learn more about pocket neighborhoods?

The website Pocket Neighborhoods has great information about what a pocket neighborhood is and how it benefits our communities. Ross Chapin’s book Pocket Neighborhoods is also a great resource. Of course, you can also contact a trusted real estate agent to talk to about the opportunities for pocket neighborhood living in your own community.

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the lifeblood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

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Make Your New House Feel Like Home

Your house isn’t just a financial investment or the place where you keep your stuff – it’s where you live your life. And moving into a new house can feel a little disorienting at first. It takes awhile to get settled in – there are all sorts of new sounds and smells and sights that can feel foreign for the first few weeks or months.

If you’re feeling a little out of sorts in your new place, there are things you can do to get it feeling like home in no time. Here are some of our favorite suggestions.

Give yourself a cozy place to sleep

Moving is exhausting – packing and unpacking and a million little details to remember, like when the cable is being set up and making sure you get the mail forwarded. Do yourself a favor and get your beds set up first thing. Even if it means simply having a mattress on the floor, put on your nice sheets, have plenty of pillows and set up a light next to it so you can read a little before drifting off to dreamland. There’s nothing more revitalizing than a good night’s sleep.

Set up the bathroom

Another top priority is getting the bathroom set up. This is the room where you begin and end your day, so it’ll set the tone for your mornings and nights. Give it a good scrub, hang up a shower curtain, put out your fluffiest towels and stock plenty of toilet paper and toiletries. Pamper yourself a little with an aromatic candle and bust out the good soaps – you know, the ones you got on your vacation three years ago that you’ve been saving for a special occasion. This is that occasion.

Get the pets settled

Moves can be stressful on your pets, so help them get settled in. Choose a place for their beds and litter boxes and get them on a regular feeding schedule as soon as possible. If you have a dog, take him for a walk and introduce him to the neighborhood. Setting up a morning and evening walking routine will help you both get settled in more quickly.

Stock the kitchen

While there is a certain charm to eating pizza off of paper plates for a few nights in a row, your house will feel more like a home when you can prepare a meal there. Go to the market and stock up on fresh foods. Get the coffee maker set up and brew your morning cup at home. If you don’t have your table set up, designate a spot where you eat your meals – like a stack of boxes – and dress it up a little with a pretty cloth and a candle.

Plan a party

Unpacking everything can drag on and on, so give yourself a deadline by scheduling a housewarming party. This will motivate you to get settled and get you over that uncomfortable hump more quickly.

Spend time there

There’s a reason why people often say “time heals everything” – it really does. That’s doubly true for making your new house feel like a home.  Make it a priority to spend time in your new place reading, cooking and hanging out. Pretty soon, it’ll start to feel like yours.

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the lifeblood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

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How To Pick the Perfect Paint Color

Does choosing the perfect paint color for your home to feel a little bit like finding Bigfoot – mythical and elusive? Do you stare at the racks and racks of paint chips at the hardware store and break out into a cold sweat? Are you worried that you’re going to pick a color, paint the walls and end up hating it?

Don’t worry – we’ve all been there. Color can have a big impact on the feel of a room, so it can be a little intimidating if you feel like you don’t know what you’re doing. Here are some pointers to get you started and to ensure you’ll have a finished product that you love.

Choose an inspiration piece

Do you have a favorite throw pillow? Did you happen across a picture in a magazine that speaks to you? Maybe you have a dress that makes you feel special every time you wear it. Chances are, the colors in those pieces have a lot to do with why you’re drawn to them, so why not use them as inspiration? Choose a color or two from the palette and go from there. In fact, Sherwin Williams has a great online tool called Snap It that lets you turn any online image into a personalized paint palette so you can easily match the colors at the store.

Start small

If you’re new to the color game, then it’s probably not the best idea to dive in by painting your biggest room first. Why not practice in a smaller space? Give your powder room, a hallway or even a closet a makeover with a fresh coat of paint. You’ll have a better idea of how certain colors affect the feeling of a space and how the light in the room can change the color depending on the time of day.

Determine the mood you want to set

There’s no denying that color and mood go hand and hand, so think about the mood you want to create in a room when you choose what color to paint the walls. Do you want to evoke a cozy feeling in the bedroom? Maybe you want the foyer to be bright and cheerful? Do you want people to feel sociable in your dining room? Choose colors for those rooms that evoke the feeling you’re hoping to create.

Incorporate what you already have

If there are aspects of the room you cannot change – for example, that beautiful wooden heirloom dining table from grandma or the custom slate tile in your bathroom – make sure you take those existing colors and finishes into account when choosing your paint colors. Let these pieces help guide you in your choices so that the room is coordinated once it’s complete.

White is perfectly acceptable

If choosing new paint colors is stressing you out, remember – white is a perfectly acceptable color that goes with everything. It’s okay to skip the endless deliberations and go with something classic and easy. Sometimes the best way to add color is through furnishings such as pillows and throw rugs, which require less work and commitment.

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the lifeblood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

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Keep Pests at Bay

Spiders and roaches and flies, oh my! If bugs give you the heebie-jeebies, you definitely don’t want them in your home. Not only can they be unsanitary, some pests can actually cause real damage. And then there are the insects that sting and bite, like wasps or scorpions. Obviously, they’re not welcome!

While it may feel like bug-proofing your home is a battle you’ll never win, there are some things you can do to stem the flow. Here are our tips for keeping pests at bay.

Keep spiders out of the basement

If spiders are a problem in your basement, you can seriously reduce their population by using a dehumidifier. Maintain a humidity level of 40 percent and regularly clean out the cobwebs from the ceiling and windows. In just a few weeks you’ll see a noticeable reduction in your eight-legged friends.

Starve the roaches

There’s nothing worse than flipping on your kitchen lights at night and seeing roaches skitter under the cabinets. The best way to banish them forever is to starve them out. Be vigilant about cleaning up every crumb of food from floors, countertops, and inside cabinets. You must also remove their access to water, so fix leaky faucets and keep pet water dishes elevated. There are also a variety of roach killers on the market to help you tackle this particular problem.

Seal doors and windows

Gaps around doors and windows make it easy for tiny pests to enter your home. Install a threshold under each door to the outside and add weatherstripping around doorframes and windows. Make sure all windows have screens and patch any holes no matter how small they seem. The bonus? You’ll also save on energy costs.

Plug gaps and cracks

Check the exterior of your home for any gaps or cracks that insects and pests can climb through. This includes cracks in the foundation, holes ingrates and missing shingles on the roof. Seal openings with wire mesh, sheet metal, mortar or even steel wool.

Keep a lid on it

Trash and recycling cans can be a huge magnet for pests of all kinds. Make sure your trash cans have tight-fitting lids and clean them regularly.

Maintain your yard

Remove debris from your yard and patios and get rid of standing water, which can be a breeding ground for mosquitos. Keep your gutters clean so then can work effectively. If you have a pool, make sure it stays clean and chlorinated. Regularly clean and refill birdbaths to keep mosquito eggs from hatching in them.

Keep drains clear

Drains in sinks and showers can accumulate some pretty serious gunk, which is attractive to many pests and gives them the perfect place to breed. Regularly clean all sink and floor drains, especially in the basement or laundry room.

By tackling the conditions that invite pests into your yard and home, you’ll be well on your way to reducing their populations and preventing a simple nuisance from becoming a real problem.

If you would like any referrals for a pest inspectors, please give us a call at the number below.

Stan Rector

805-577-7902

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the lifeblood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

 

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How to Fix Your Credit Score

If you’re gearing up to buy a house, one of the most important things you can do to prepare is to check your credit score. That number is going to help determine how much interest you’ll pay on your mortgage – or whether you’ll qualify at all. By checking early, you’ll have more time to repair your score and save yourself money in the long run.

Know what credit score you need

While there is no hard and fast rule about what the minimum credit score is to qualify for a mortgage, higher is always better. As the market changes, so do minimum requirements for lenders. It also depends on the type of loan you are applying for. FHA loans, for example, have a minimum requirement of 580, while conventional loans backed by Freddie Mac or Fannie Mae require a score of at least 620.

Fix mistakes on your credit report

Take a good look at your credit report. If there are any mistakes or inaccuracies on it, you’ll need time to fix them. As many as 25% of consumers have errors on their reports – don’t be part of that statistic. If you do find a mistake file a claim on a credit bureau website. Keep copies of the documents you file. You should expect a response in one to two months.

Pay on time

Late payments not only affect interest rates on credit cards, they can also lower your credit score. If you’re planning to buy a house, make sure you keep current on all your bills.

Pay down balances

One of the best ways to improve your credit score is to keep your balance below 50% of your available credit. If possible, make more than the minimum payments on your debts over the coming months and work to pay down your balance. A history of only paying the minimum payment each month does not inspire confidence in lenders, so pay more than the minimum, even if it’s just a small amount.

Don’t close paid off accounts

While experts disagree on this tactic, it’s probably a good idea to keep that paid off credit card open, at least until you secure your mortgage. Closing the account will affect the ratio of your existing balance and available credit. Just don’t be tempted to suddenly use all that available credit to make a big purchase.

Don’t open a new line of credit

If you’re planning to buy a home, now is not the time to incur other debt. Do not take out a car loan or open any new credit cards. It’s also smart to wait on any big purchases on existing cards, like a vacation. Sudden big changes to your credit history can be potential red flags to lenders, so avoid them if at all possible.

Give yourself plenty of time

Before you even begin to look for a home in earnest, take time to get your financial life in order first. It can take time to remove inaccuracies from your report and repair a low credit score. When it finally comes time to buy a home, you’ll be glad you did.

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the lifeblood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

 

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10 Creative Uses for Rugs

Think that throw rug is only for the floor? Think again! There are so many ways to use beautifully designed rugs around the home; it’s a shame to let them languish on the floor. Here are some of the most inspired ways we’ve found to use your favorite rugs.

1. Soften stairs with a runner

Runners don’t have to be saved for hallways. They’re a perfect solution to soften a staircase. Take it a step further by choosing a strong geometrical pattern that’ll amp up your style.

2. Make a stylish pillow

Small rugs are the perfect size to transform into statement-piece pillows for your couch or bed. Simply fold in half, insert a pillow and stitch it shut. Don’t have sewing skills? You can glue them together with fabric glue. Done!

3. Instant wall art

If you’ve got a big, blank wall staring you in the face, why not ditch several small, framed pieces for one large bold piece? So many rugs are designed with beautiful colors and patterns it’s a shame not to treat them like the art they really are. Go ahead and fill a wall with a graphic rug you really love.

4. Upholster a chair or headboard

Decorative rugs are the perfect weight to use as upholstery fabric, so why not turn a chair or ottoman into a statement piece? The same goes for headboards. Fabric headboards have become hugely popular, so use a pretty rug to make it both soft and beautiful.

5. Use it as a throw

Lightweight rugs can be just the perfect size to use as a throw on your bed or couch.

6. Trade up your yoga mat

Who wants a plain old spongy yoga mat when you can have a more comfortable and stylish one? Be the envy of your class by using a soft runner with a rubber back for your next yoga session.

7. Dress up a table

Pretty blankets have become a popular alternative to tablecloths. Why can’t rugs be, too? A lightweight rug makes the perfect topper for your next dinner party. If you have smaller area rugs, you can also turn them into placemats.

8. Soundproof doors

Why settle for plain white interior doors? Go a step further and dress them up with a decorative rug. As a bonus, it’s the perfect way to add extra soundproofing to a bedroom or office.

9. Make a pet bed

Don’t limit the fun to just the humans. If you’ve got a rug, you love that has seen better days, why not turn it into a pet bed for your dog or cat? Rugs can stand up to the abuse a pet can dish out. Simply fold your rug in half, fill with stuffing and stitch, or stitch two complementary rugs together to add variety.

10. Turn your world upside down

Ever feel like dancing on the ceiling? Think how much easier it will be if you attach a rug! Seriously, though, ceilings can be so boring, wouldn’t it be fun to attach one of your favorite rugs? This can work especially well over a bed, so you’re always sure to enjoy it. It can also add soundproofing should there be another room over yours.

Don’t be afraid to step outside the box when it comes to your favorite rugs! Whether you use them as upholstery, art or something else, let your imagination be your guide.

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the lifeblood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

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Grow Veggies at Home

Have you put off growing your vegetables at home because you think it will be too difficult, time consuming or messy? Do you worry that you don’t have enough space? Do you think you have a black thumb and nothing will grow?

Starting your home garden is easy, even if you have no experience and are short on space. If you love the idea of eating more vegetables, especially ones you’ve grown yourself, this is what you’ll need to know to get started.

Start small

You may have visions of turning your entire backyard into an edible paradise, but if you’re just starting out you may be biting off more than you can chew. Start small and get the hang of it; you can always add more later. You can save even more room by using trellises to grow vining vegetables like cucumbers and squash.

Choose the best location

If you have several places in your yard where you could conceivably put a vegetable garden, choose the location that gets the most sun. This will give you the opportunity to grow the greatest variety of vegetables. But don’t worry if you lack a sunny spot – there are plenty of vegetables that can thrive in the shade.

Build your beds

By far the easiest way to get started with home vegetable gardening is to build or install raised beds. Yes, you can dig up your backyard, but it can be back breaking work. You’ll also need to amend the soil, and you’ll likely be battling weeds for a long time to come. By using raised beds, you start with the best possible soil that is free of weeds. If you’re handy with power tools, you can build your raised beds, or simply use containers you find like washing tubs or pots. This means you can have a veggie garden even if you don’t have a yard – most patios or balconies have enough room for even a few, which is enough to grow tomatoes and a variety of herbs.

Provide enough water

You’ll want to ensure that your new garden gets plenty of water, and a good rule of thumb is about one inch of moisture per week. You may want to consider installing a drip irrigation system, which automates the watering process and delivers maximum water with minimum evaporation or run-off.

Choose vegetables that are easy to grow

If you’re just getting started with vegetable gardening, do yourself a favor and start by growing vegetables that are practically foolproof. Nothing is more rewarding than seeing the literal fruits of your labor, and these vegetables grow well even in less than ideal circumstances:

• Lettuce
• Tomatoes
• Sugar snap peas
• Summer squash
• Radishes
• Beans
• Rhubarb
• Cucumbers
• Beets
• Swiss chard
• Carrots
• Herbs like chives, basil, thyme, rosemary, dill, cilantro and oregano

Check each vegetable and herb that you are planting to see what kind of temperatures they need and how much sun they can handle to find out what will thrive in your location.

If you’ve been thinking about starting your own vegetable garden, now is a great time! Just think how wonderful it will be to bite into your own vine-ripened tomato, just picked and warm from the sun.

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the lifeblood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

 

 

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Choose the Perfect Neighborhood

If you’re in the market for a new home, part of choosing the perfect house is finding the right neighborhood. How do you do that? Start by asking yourself the right questions.

What are you looking for?

Any home search should start with a list of needs and wants – and that goes for the neighborhood, too. Begin by establishing your priorities. Do you want to live close to amenities, like markets or gas stations? Do you want to have easy access to culture and nightlife? Is access to public transportation a necessity? Would you like to live in a community with other families who have small children, or maybe you’d like to be surrounded by other retirees? Be clear about what you need and what you’re willing to compromise on before you even begin your search.

How convenient is the neighborhood?

Once you’ve established your priorities and begin to look at potential homes, consider how convenient the neighborhood is for your life. Is the home close to your work, or will you have a long commute? If you need to run some quick errands, are there stores nearby? How far will your kids need to travel to get to school? Is the home located near family, or will visiting require a special trip?

How good are the local schools?

If you have school age children or are thinking about starting a family, obviously the quality of schools in the neighborhood is a major consideration. But schools don’t just affect those with kids. Homes in neighborhoods with good schools tend to have more value and hold on to their value for longer periods of time.

What are the additional expenses associated with this neighborhood?

Don’t just focus on the cost of the home when you’re thinking about buying, and you also need to consider any other expenses or fees that may be associated with that community. Is the house located in a development with a homeowner’s association? What are the property taxes on the home going to be? Are there any future developments planned for this community that could conceivably raise taxes in your area?

How safe is the neighborhood?

Safety is a big priority for many homeowners, so it’s a good idea to check into crime rates for a potential neighborhood and see how they compare to the national average. Also, consider the types of crimes most common in the area. If you have specific questions about a neighborhood, call the local police station for more information.

Are there any warning signs?

At first glance, a neighborhood may seem like a great choice. But take a closer look. Are there a large number of homes for sale? Are there any foreclosed properties in the area? Have many of the homes turned into rentals? Are there any sounds that could become unpleasant, like traffic noise, loud music or airports? Do you notice any unusual smells that could affect your quality of life? Visit the property at different times of the day. Is traffic a nightmare during rush hour? Is the street particularly dark at night?

Considering the type of neighborhood you’d like to live in is just as important as choosing your house. Take time to prioritize your needs, and do the necessary work to investigate potential neighborhoods to find out as much about them as possible before putting in an offer.

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the lifeblood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

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Should You Buy in a Gated Community?

Are you thinking about buying a home in a gated community, but wondering whether or not it’s right for you? You may be asking yourself if its safer or whether or not the home will retain its value better when its time to resell. Here’s a look at what you need to know so that you can make an educated decision.

Safety

When it comes to security, the perception is that gated communities offer homeowners a greater level of protection against crimes such as burglaries. But you also need to consider how easy it is to get inside the gate. Is the gate manned or unmanned? Is the gate often left unlocked? Are the codes to the gate well known because neighbors give them to dog walkers and pizza delivery people regularly?

In 2005, the Orlando Sentinel reviewed the sheriff’s reports for more than 1,400 Florida homes. What they discovered is that rates of residential burglaries and stolen cars were reported at almost exactly the same rate in both gated and ungated communities. Cases of vandalism were reported at slightly lower rates in gated neighborhoods. If safety is your main concern, gated communities don’t offer significantly higher protection from crime.

Traffic

A reduction in traffic is definitely an area where gated communities perform better than neighborhoods without gates. The gates deter using the community as a thoroughfare and since the gate forces cars to slow down, traffic is usually slower and quieter. If you have kids that like to play outside and ride their bikes, gated communities make it safer for them.

Prices

Be prepared to pay a higher price for a home within a gated community. These properties are usually part of a Homeowners Association (HOA), which collects fees to pay for maintenance of the streets, gate, landscaping and other community amenities. You can expect to pay hundreds or even thousands more in fees over the years.

Uniformity

Gated communities are attractive to some buyers because they come with an air of exclusivity. Many communities enforce strict codes of conduct that everyone living within the gates must follow, and you may or may not like this depending on your tastes. There may be restrictions on what colors you can paint your home, where you can park your vehicles and how long you can have guests stay with you. Some people enjoy living in a community where everyone is following the same guidelines, while others find this type of environment too restricting.

Convenience

Convenience – or maybe lack thereof – should also be a consideration when deciding whether or not to buy in a gated community. If the community has a manned gate, you may sometimes have to wait in line to be let in. It can also be an inconvenience to any guests you may have, as they will possibly have to check in at a gate or be buzzed in by a resident. There may also be restrictions on the number of parking spaces allotted to guests.

In the end, only you can decide if a gated community is the right choice for you and your family. By knowing ahead of time both the pros and the cons of living in this kind of neighborhood, you’ll be better able to make that choice when the time comes.

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the lifeblood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

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Make Room for Baby

Is your family soon growing from two to three – or even four? Then it’s time to start thinking about how you’re going to make room for the newest addition to your tribe. If you aren’t sure how to find space for a baby in your home, here are some ideas to get you started.

Get rid of unneeded clutter

Babies may be small, but their stuff isn’t. You’ll soon find yourself swimming in onesies, stuffed animals, and car seats. Before the baby’s arrival, do a thorough purge of items in your home that aren’t needed. Clear out closets, find what’s hiding under the bed that you forgot about and opened up those storage boxes. Sell or donate items that are still in usable condition.

Look for new storage possibilities

You may feel like you’re already maxed out on space, but you’re going to feel even more cramped once there’s another small person in your home. Take a good look around and see how you can better organize and store what you do have. Can you add shelves to the top of the closet? Is there any room under the stairs for storage containers? Are you using all your wall space to its fullest potential?

Minimize baby stuff

You may have dreamed of a state-of-the-art nursery for your new little bundle of joy, but if you’re short on space that may not be a practical idea. Many companies now make small-size solutions for babies, including mini-cribs, collapsible bathtubs, and car-seat/stroller combos.  Remember – these are all items you won’t use forever, so it isn’t necessary to buy the biggest and best of everything.

Don’t register for too much

Friends and family may be even more excited about their new family member than you are, and may want to show that enthusiasm by purchasing every item on your registry. Be realistic about what you need, and encourage people to avoid buying any large or bulky items that aren’t on your registry.

Share a room with parents or siblings

Not all families have the luxury of having a room dedicated just for the baby. In this case, you may want to consider having the baby share a room. If you already have younger children in your home, the baby can easily share with a sibling. If not, many people opt to set up a crib in the corner of their rooms – which can be kind of nice when stumbling out of bed at three a.m. to comfort a crying baby.

Convert an extra room to a nursery

If you’re lucky enough to have a spare room already in your house that you’re using as a guest bedroom, office or workout space, then making room for a baby will be easy. Clean Out the old furniture and have fun turning the room into a baby’s paradise, tricked out with all the bells and whistles like a changing station and a rocking chair for late-night feedings.

If you’re getting ready to welcome a new addition to your family – congratulations! With a little creativity and forethought, you can find a way to make room for a baby in your home, even in the smallest of spaces.

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the lifeblood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

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10 Tips For Moving With Pets

Tips For Moving

There’s no way around it – moving can be stressful! But when you throw a pet into the mix, it can make the task even more daunting. If you’re getting ready to move, but aren’t sure what to do to make the experience less stressful for you and your pet, read on.

1. Tag and Microchip

With so many people coming in and out of the house during a move, an otherwise well-adjusted pet may get a little spooked and bolt. Moving day is already stressful enough without having to search the neighborhood for your nervous dog. Be sure your pet is microchipped and wearing a collar that clearly identifies your contact information. Also, check that the chip registry has the correct information and update it to your new address.

2. Visit the vet

Your vet is a great resource for you during a move. They can recommend behavior modification techniques or even medication to help quiet your pet’s nerves. You may even be able to get a recommendation for a vet by your new home. Ask for your pet’s medical records before you leave so you can give them to the new vet.

3. Get your pet comfortable

At the minimum, your pet is probably going to have to travel in a car to their new home. If your pet has travel anxiety, give them a few practice trips in the car before the big day. If you’ll be transporting them in a carrier, put the carrier in your home with the door open and a favorite toy inside so they can get used to it.

4. Have a moving day plan

Your home will be a flurry of activity on the day of the move, so make arrangements for your pet to be out of the house on that day if possible. Board them at a kennel or ask a friend or family member to keep them for the day. If your pet must stay at home, keep them in a quiet room with the door closed.

5. Have pet supplies ready

You’ll want to get your pet settled into your new home as soon as possible, so pack them a bag that contains all the essentials they’ll need, including food, water, a bed and a litter box.

6. Prepare for travel

If your move requires a trip on an airline, be sure to make arrangements with the airline beforehand. Some airlines allow pets in the cabin if they can fit under the seat. If not, they may need to travel with checked baggage. If you’re driving to your new house and will need to spend the night in a hotel, find the ones on your route that are pet-friendly.

7. Know the rules

Familiarize yourself with any pet laws at your new location, including leash laws and license and vaccination requirements.

8. Create a sanctuary in your new home

It may take awhile for your pet to get settled into their new home. Create a sanctuary for them in a quiet area of the home that includes their food and water bowls, litter box, beds, and toys.

9. Introduce them to the neighborhood

If you have a dog, work on establishing a routine as soon as possible. Schedule regular walks in the morning and evening to familiarize them with the neighborhood.

10. Save yourself a headache or two

If you are traveling great distances, including to a foreign country, you might consider hiring a pet relocation service. They can guide you through the process and help move your pet from one location to the next, saving you a few headaches and lots of stress along the way.

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Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the life blood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

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How To Merge Styles in Your New Home

Is it time to take the big leap and move into a new home with your partner? No doubt you’re excited about this milestone in your relationship. You’ll now have someone to share the ins and outs of your day-to-day life.

But have you stopped to consider what this means regarding all the stuff you’ll now share – including all the items you use to decorate your space that makes it feel like home? If you and your partner have similar styles, that’s great. Moving in together and merging your belongings shouldn’t be too difficult. But if you and your partner have vastly different taste when it comes to decorations and furnishings, this can potentially cause some problems. Here’s what you can do to manage merging styles when you and your better half move into your new home.

Purge

While you may be hoping that your partner will miraculously and willingly give up most of their stuff so you can keep yours, that’s unrealistic. Moving in together means that if you keep everything, you’re going to have duplicates. Before taking the plunge, it’s time for each of you to purge some of these redundant items. If it isn’t something you love, need or use regularly, it’s time for that item to be sold or donated. If you’re at odds over which duplicated item to keep, choose the one that is newest or of the highest quality.

Choose new items together

When you’re moving in with someone, it’s an opportunity to start fresh. If you’ve been thinking about parting with your couch, and the other person has, too – why not shop for a new couch together? This will help you to find ways to negotiate and define what your new style will be as a couple.

Make a plan

Now that you’ve purged and acquired new items make a game plan for the new space before moving in. What will go where? Which pieces of art will hang on the wall? Draw up a floor plan and have ideas about where all your stuff will live.

Compromise

Maybe you’re shabby chic, and he’s midcentury modern, and you’re worried those two styles will just not blend. While it’s easy to jump to that conclusion, there are ways to combine even the most disparate styles. Perhaps you both like brass and the color red. Find details that you have in common and build the room around those. What you’ll create is an eclectic and refreshing new style all your own. You can even give it a name, maybe “Modern Rustic Chic” or “Exotic Elegance.” Who wants to live in a cookie cutter environment anyway? This is an opportunity for you and your partner to put a personal stamp on your home and think outside the box.

Hire a professional

When all else fails, and you and your partner just can’t seem to reach an agreement, hire an expert. A professional designer has worked with dozens of clients in similar situations. They can function as a neutral third party and figure out the best way for both of you to be happy.

In the end, remember that it isn’t the space that’s important; it’s the people who occupy the space. Keeping things in perspective and having a willingness to compromise and negotiate is the key to sharing a space and having a healthy and happy relationship.

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the lifeblood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

 

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11 Ways to Make Small Rooms Feel Big

Just because you’re short on square footage doesn’t mean your life needs to feel cramped.  Try any of these amazing tricks to make your small space feel big.

1. Choose the right paint colors

While the accepted rule of thumb is to paint small spaces in lighter colors, that isn’t always the case. Some design experts suggest that deeper hues or jewel tones can make a room feel cozy or vibrant. If you’re not sure what to pick, here are some great choices.

2. Embrace natural lighting

A no-fail way to add a feeling of spaciousness to any room is to let the sun shine in. This is especially true if you have a beautiful view outside your window, which will help draw the eye out.

3. Be picky about lighting

Plain overhead lighting isn’t going to cut it in a small space. Go for variety with your lights in a small room to add depth and softness, such as a small table lamp, a floor lamp, and a hanging pendant lamp. If possible, put dimmers on your lights for even more control and variation.

4. Use mirrors

Mirrors not only reflect space back at you, but they also reflect the light, making the room feel more bright and spacious. Hang a wall mirror or lean a floor mirror against the wall opposite a window, which will increase the light in the room and reflect the view back to you.

5. Streamline furniture

Nothing makes a small space feel even more cramped than too much furniture. When outfitting a small room, go for furniture that can serve more than one purpose, such as a steamer trunk that can store pillows and blankets and double as a coffee table or ottoman.

6. Go monochrome

Try painting walls, doors and trim in the same color or different shades of the same color. You can also paint things you don’t want to draw attention to, like built-in shelves and radiators. Choose curtains that also blend with the color on the walls. Or better yet – do away with window treatments altogether if you can.

7. Be bold

Even though you don’t want to overwhelm a tiny space with too much furniture, you can add visual space by choosing one large statement piece, such as a sectional sofa or dining room table.

8. Remove interior doors

If your space is closed off by interior doors that you don’t really need – like the ones that separate a living room and a dining room – remove them. This lets the eye travel so that one space moves seamlessly to the next.

9. Show your legs

Instead of furniture that rests directly on the floor, choose sofas and armchairs with legs to make the room feel airier and more spacious.

10. Be transparent

Choose glass or acrylic tables instead of metal or wood, which disrupt the view and create visual clutter.

11. Get rid of clutter

The number one rule, of course, with any small space is to remove as much clutter as you can. Leave at least half the space on shelves and tables empty for a more spacious and dramatic look.

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the lifeblood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

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How to Choose the Best Offer for Your Home

You’ve put your house on the market. You had a great open house. And now you’ve gotten an offer – followed by three more.

If you’re selling your home, you may find yourself in the position of having to choose between different offers. While this is often an enviable position to be in – who doesn’t dream of a bidding war? – it also means that at some point you’ll have to choose between them.

If you’re wondering how to decide between competing offers for your home, here are some tips to make choosing easier.

All offers are negotiable

The first thing to remember when evaluating any offer for your home is that all offers are negotiable. It’s part of the process for the seller and potential buyer to go back and forth until a mutually desirable agreement is made. If you receive an offer that is interesting but not quite what you had hoped for, you can make a counteroffer asking for modifications.

Define your priorities

Before you even begin entertaining any offers, you must first decide what your priorities are for your home sale. On which terms are you willing to negotiate? Which terms, if not fulfilled, are deal breakers? Do you need to sell quickly, or do you have time to wait for a better offer? Take the time to clearly set your goals so you end up satisfied with the process in the end.

Establish a process with your real estate agent

If you or your agent thinks that your home will receive multiple offers, it’s a good idea to have a plan in place before you begin receiving those offers. Decide on a timeframe that you will accept offers, and let potential buyers know there is a clear deadline. Your agent has probably gone through this process before and will likely already have an established way of dealing with multiple offers – let their expertise guide you here. They can discuss with you how the review process will take place, and will likely be open to any modifications you may want to make.

Analyze each offer

Each offer you receive on your home needs to be carefully scrutinized before making a decision. While it may be tempting to go with the buyer offering the highest price, there are other considerations to bear in mind. Does the buyer want you to make any repairs? Are they asking for appliances to be included in the purchase price? Are they offering enough earnest money to deposit for the down payment? Is the buyer pre-approved for a mortgage? Do they want you to cover closing costs? Does their closing date align with your timeline? For each of these critical points, you’ll want to ask yourself what you’re willing to compromise on and what is a deal breaker.

While receiving multiple offers on your home can be very exciting, it’s important to keep in mind the big picture and have a plan in place for what to do if you need to decide between two or more potential buyers. With a little forethought and a set of clearly defined goals, you’ll have an easier time making that final call.

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Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the life blood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

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Dealing with Easements

Are you considering purchasing a home that has an easement, but you’re not sure how it will affect you? Are you worried that it’s something that could cause you problems down the line? Are you confused about what an easement even is? Here’s what you need to know.

What is an easement?

An easement is a legal right to use someone else’s land for a specific purpose. You may see the term from time to time in listings as you search for homes. Before purchasing a home, it’s essential to know about any existing easements on the property and how they may affect your usage of it. Easements can be granted to entities like utility companies or even to individuals such as your neighbors.

How do you know if there is an easement?

Easements are usually filed with the local assessor’s office. If you do a title search for the property, the easement will show up as well. You can hire a title insurance company or a private title searcher to do this for you, or you can review the deed to the property yourself, which you can obtain from the county clerk or recorder. You can also contact the county or city’s zoning department; they will have surveys and plot maps that detail the easement. The local utility company or other entity with easement rights will also have information regarding the easement.

What are the types of easements?

While there many different kinds of easements here is a brief overview of the types of easements you may encounter in your home search.

• Right of way – This type of easement allows people to pass through your property, typically to a play area, park or lake. Sometimes, this can include a neighbor’s driveway if it is necessary to cross through your property to reach another.
• Utility easements – These easements are generally the most common and are granted to utility companies or the city. They often don’t impact your day-to-day living and are in place simply to prevent your interference with their use.

What if there is a dispute over an easement?

As a property owner, you may not interfere with the use of a legal easement. If you do, you could be held accountable for damages or even be taken to court. If you find that you are involved in a dispute regarding an easement, you should seek the advice of an experienced local real estate lawyer. Laws vary from location to location, so it’s essential to find out the appropriate details that are applied to your specific situation. While most legal easements are written documents, there are cases where unwritten easements can legally be created through particular circumstances, and the laws can be complex. You’ll definitely want reliable advice from someone knowledgeable that you can trust.

While easements may be a little complicated or cause confusion, they are a standard part of many real estate transactions. The most important thing you can do should you decide to purchase a property with an existing easement is to understand what it entails and abide by those determinations.

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the life blood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

 

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Solar Energy 101

Have you driven around town and noticed that more and more homes have solar panels installed on their rooftops? Were you thinking that it might be time for you to do the same?

While solar panels are a great option for many homeowners, not every house is suitable. If you’re considering taking the plunge into solar energy, here are answers to some of the few basic questions you may have.

What are the benefits of solar power?

There are many reasons to be excited about using solar energy for your home, which include:

• Greener living – solar energy is a renewable resource, and no emissions are generated from the panels.
• Low maintenance – once your solar energy panels are installed, there’s very little maintenance involved.
• Durability – solar panels don’t contain any moving parts, so they’re tough and durable, and most can be expected to last about 25 years.
• Rebates – many states and municipalities offer rebates for switching to solar energy, which can save you money in the long run.
• Property value – solar panels can even increase the value of your home!

How does solar energy work?

While the science and technology behind solar panels are somewhat complex, what it boils down to is that the panels use photovoltaic cells to generate electron activity when exposed to the sun. In turn, this activity is captured and converted to DC electricity. For systems that are connected to the main power grid, a grid connects inverter then converts that electricity to 120v or 240v AC, which is what is used to power most electrical appliances.

Which direction do the solar panels face?

While south-facing roofs are ideal for collecting and converting the most amount of solar energy, homeowners with east or west facing roofs can still benefit. The angle of the panels is set to maximize exposure based on your home’s latitude.

Is my home a good candidate for solar panels?

If your home gets a large amount of shade during the day, you may not be a good candidate for solar energy, since the panels rely on direct sunlight to generate power. Ideally, your roof should get at least five hours of unobstructed sunlight a day. Your roof also needs to have a solid structure that can handle the weight of the panels and the system that supports them. You may discover that your roof needs to be repaired or reinforced before you can safely install the panels. Also, solar panels are more difficult to install on some types of roofs, including those with Spanish tile or shake.

How are the panels installed?

A solar panel system needs to be installed by an experienced contractor, and it’s a good idea to get proposals from at least three before you decide who will do the work.

Will the panels hurt the roof?

If installed properly, the solar panels will not damage the roof. In fact, the panels will shield the roof underneath them from weather-related damage. Many homeowners even discover that the areas in the home underneath the panels remain cooler in summer months and warmer in winter.

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Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the life blood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

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Stage Your Front Porch to Sell

You’ve cleared out all the clutter, emptied the closets, trimmed the trees, and made all the necessary repairs. Your house is clean and spotless and ready to show to potential buyers.

But have you thought about your front porch?

Your front porch will be one of the first things that potential buyers see when they visit your home. Use these great ideas to make sure your porch makes a warm and welcoming first impression!

Give it a scrub

It probably goes without saying, but having a clean front porch is the first step towards having an inviting front porch. Clear away all the clutter, scrub down the floor and make sure all the cobwebs are out of the corners. Wipe down railings, windows and the front door. If needed, rent a pressure washer to deep clean.

Paint and punch up the color

Staging in neutral colors is often recommended inside your home, but you can be a little more daring on the outside. Don’t be afraid to play with color when you’re staging your front porch. You can add pops of colors by painting furniture, adding throw rugs, painting the front door or even simply adding colorful pots of flowers.

Add plants and flowers

Not only will flowers add some wonderful color to your front porch, plants will also draw the eye and make it cozy. Place plants and flowers in the corners in groups of three, line the steps with potted annuals or hang ferns around the perimeter.

Consider the furniture

A front porch is added living space, so demonstrate to potential buyers how they can best utilize the extra square footage. If you have enough room, add a cozy couch or porch swing, complete with bright and comfortable pillows that invite people to sit and linger. Even if you only have a small space, you can add a bistro chair and a side table – the perfect place to enjoy a morning cup of coffee.

Maximize the view

If your front porch has a beautiful view, then you certainly want to emphasize it. You can add curtains that help to frame that gorgeous vista, and position furniture to maximize what can be seen. Don’t have a great view? Don’t worry! You can still make your front porch inviting by finding ways to play down what may not be the best view – like a parking lot across the street or a birdseye view of the neighbor’s RV. Install shutters, hang heavy curtains or add large plants like potted palms to help obstruct the view.

Lighting

Last but not least – don’t forget the lighting! Swap out an old front porch light with something more stylish and clean all outdoor lights thoroughly, especially if you will be showing your home in the evening. String lights can even add a little romantic charm.

If you’re lucky enough to have a front porch, make the most of it when staging your home! You’ll find that many buyers will be drawn inside based on how welcoming you’ve made your home’s entry.

Thanks for reading this article. If it was of help, please pass it on.
If you are looking to sell your home or you know someone who is, give us a call. You and your referrals are the lifeblood of our business. We would love to help you or your friends in your real estate path.

Stan Rector 805-577-7902

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Are You Ready for a Fixer Upper?

Maybe you have dreams of buying a new home but aren’t sure you can financially swing it. Perhaps you have visions of turning an otherwise shabby home into something from your dreams. Or maybe you’ve found a house that’s in the perfect neighborhood and it’s the perfect size – but it needs a little love.

There are lots of reasons you may consider buying a fixer-upper – anything from saving a little money on the purchase to putting your own personal stamp on the house. No matter what is motivating you, there are some things you should consider before signing on the dotted line. Ask yourself these questions when you’re deciding whether or not you’re ready for a fixer upper.

Do you want to save on the initial cost?

Buying a fixer upper can be really great on the pocketbook, at least in the short term. A home that is in need of work is generally going to cost you less than a home that is move-in ready. An added bonus is that in many cases the money and time you invest in the refurbishment of the home will add more value, so you could see yourself coming out ahead.

Are you prepared for the added costs?

Though you will likely save on the initial costs, you will most assuredly be sinking money into renovations. Even if you have a good handle on how much you think the renovations will cost, there are always surprises as you dig into the work. You never really know what’s behind the wall or under the floor until you start to demolish it. Be sure to build in a good buffer when you’re saving for those renovations.

How much time do you have?

Depending on the shape of your fixer upper, you may not be able to move in right away. Renovations always take longer than expected, so be prepared to spend some time living elsewhere while you’re updating.

Can you handle a work-in-progress?

Once you have the house in livable condition, it might still be far away from being the home of your dreams. How well can you adapt to living in an unfinished home where the kitchen isn’t quite ready, or the bathroom still needs updating? Can you embrace not being able to fully decorate and make your house a home for a few weeks or even a few months?

How much work are you willing to do?

One of the enticing aspects of owning a fixer-upper is saving money, so many homeowners envision doing much of the work of renovating themselves. But what you may think is a little work in the beginning could turn out to be a whole lot more than you expected. What skills do you have, and what are you willing to learn? How in shape are you? Will you have enough time away from work and other responsibilities to finish what you need to do in a reasonable amount of time?

Fixer uppers can be really wonderful homes to purchase, and many homeowners love the experience of owning a home that they had a hand in renovating. Just make sure you’re really prepared for all that a fixer upper entails before you take the plunge.

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