Eugene Oregon Real Estate Blog

Good Monday Morning!

Most homeowners today are curious about their home's current value.  Our changing market caused many of us to lose a great deal of our home's value during the down turn.  Now that the housing market in the Eugene and Springfield area is rebounding, home values are back on the rise.  Keeping up with your home's current value is important.  One quick way to obtain this information easily is by going to the website www.forhomeinfo.com.  This site offers you an automated look at your home's value with monthly updates.  This method is quick, but for the most accuracy, it is important to have a Real Estate agent actually visit your home and furnish you with this information.

Here is an informative article on determining home equity from Realty Times!

As a homeowner, you probably think you know all about what your home is worth, what your interest rate really means, what you are paying out every month, and how to access your equity if you needed to.

But do you really? If your home is worth $20,000 more today that it was when you purchased it, does that mean you are entitled to all 20,000 of those dollars? Does having equity in your home automatically mean you can sell for a profit? Would you know what your best option would be if you needed some equity in a pinch? Check out the scenarios below for a quick equity tune-up.

Scenario One

Your neighbors just sold their home for a pretty decent amount. That must mean your house is worth at least as much as theirs. I mean, your kitchen hasn't been redone like theirs, but your exterior is prettier, so that's probably a wash. Score! Honey, call the bank and get us some cash. We're going on vacation!

Realty Check

Not so fast. Your neighbor's home sale might give you an idea of what your house is worth, but there's a lot more to it. Your home's age and condition, the square footage, the location on the street—all of this factors in to determining your sales price. And don't forget to add in closing costs and Realtor fees and the price of moving. You also have to take into account your credit and payment history. Straight equity is only one part of a more complicated equation. Before you book that African safari, you might want to check your credit and talk to your lender.

And, by the way, your "prettier" exterior will probably not wipe away the memory of your ugly kitchen if you do go to sell. The old adage about kitchens and bathrooms selling home: still true.

Scenario Two

You've been living in your house and paying the mortgage for 15 years without refinancing. You must be sitting on a goldmine! Time for a cash-out refinance. First you'll pay off your credit card bills and then you'll buy all-new living room furniture. Then there's this yacht you've had your eye on…

Reality Check

A cash-out refinance, which allows you to "refinance your mortgage for more than you currently owe, then pocket the difference," said Bankrate, can be a great option, depending on your financial condition and what you plan to do with the money. "Remember the Mother Goose rhyme about the old woman who lived in a shoe? That is so 18th century. Today, she would live in a piggy bank, and so would her neighbors. Homeowners today treat their houses like piggy banks, readily transforming their equity into cash and credit."

Different from a home equity loan, a cash-out refinance replaces your existing first mortgage. You may have lower rates than with a home equity loan but you pay closing costs, just like you would on any refinance, and you'll have to pay private mortgage insurance "if you end up borrowing more than 80 percent of your home's value." If your interest rate is much higher than going rates and you know you have a good amount of equity, it might make sense to go for it. But if you have terrible credit, your rate might not get much better. And, you'll have to determine whether refinancing and going back to square one with a mortgage is worth it.

"If you're going to make payments for 15 or 30 years, it makes sense to spend the money on something enduring: an addition to the house that will increase its value, potentially lifesaving experimental medical treatment that your health insurance won't pay for or to start a business," said Bankrate. "Do you want to spend 15 years paying for your month-long dream vacation? Do you want to spend 30 years paying for that Porsche? The car might be on the junk heap by the time it's paid for."

Scenario Three

It's hot outside. And it's hot in the real estate market. It's time to take advantage of both and build that pool you've always wanted. You'll just get a home equity loan or a line of credit. What's another couple bucks a month?

Reality Check

A home equity loan is a separate loan on top of your first mortgage that's paid out in a lump-sum and is paid back in fixed monthly installments. An equity line of credit is a specific amount you can borrow against your home. Both will require you to have sufficient equity in the home, which will be determined by the bank.

The home equity loan is a fixed rate, while a home equity line of credit "typically fluctuates with the prime rate," said US News. "Remember that with a home equity loan, you are paying interest on the entire amount of the loan, whether or not you are using the proceeds. With a home equity line of credit, you only pay interest on the amount you borrow."

The loan usually has higher rates than a cash-out refinance, but interest is a tax write off and may be a good option for someone whose "current mortgage is at a lower interest rate than you could get now by refinancing," said Bankrate.

And if the money loaned is being used to improve the home and not improve your wardrobe, your passport stamps, and your close personal knowledge of caviars of the world, all the better. "The best use for home equity is to buy things that will contribute to your home's value, like a needed remodel, or your family's future income, like a college education," said Houselogic. "Consider carefully before you cash in home equity to spend on consumer goods like clothing, furniture, or vacations.

Scenario Four

You check Zillow and see that houses in your area have appreciated by 20 percent in the past year. You are ROLLIN' IN IT! Time to take that money and go buy a house to flip. You're gonna be a mogul!

Realty Check

Before you quit your job and start researching property auctions in your area, take a beat. In many states, home sales are not reported. That means online real estate sites may be using limited listing info and sometimes even outdated tax records to determine home values. The only way to get a true picture of your home's value is to have an agent prepare a competitive market analysis or hire an appraiser. Armed with this information, you can act on those real estate mogul dreams if you still want, Mr. Trump.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

4390 BERRY LN Price: $288,000 Beds: 3 Baths: 2 ½ Baths: 1 Sq Ft: 2146 Peaceful Retreat! Enjoy Awbrey Farm subdivision with private driveway in quiet, friendly neighborhood. Property features large deck overlooking spring creek, pond, wonderful gardens, and views of wood Ducks and owls in the trees. Sunken living room ... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Good Monday Morning!

With mortgage rates remianing at or near historic lows, the oportunity to purchase a home remains very good.  Here is an article from"Real Estate Today" that goes over some of the common mistakes made when searching for a home loan.

For most buyers, the mortgage is the largest monthly expense they will have. Yet most borrowers will do little to no preparation, negotiation, or shopping to get the best deal. And they end up paying much more for their loans than they need to. You? You're smarter than that, or you wouldn't be reading this article. Here are five of the biggest mistakes that can cost you real money.

1. Believing advertised rates are what you'll pay

Unless you have perfect, or near-perfect credit, most advertised rates are out of your league. To get boasting rights on a rate that good, you have to pay part of a point (one percent of the loan amount), a point, or more to get the best rates.

Your lender will go over your credit with a fine-tooth comb to find anything to raise the rate. That includes qualifying you at the beginning of the transaction, and then running your credit again a day or two before you're supposed to close on the home and loan. If there's been any change in your debt-to-income ratio, goodbye low mortgage rate.

 2. Not comparing lenders 

Just like everyone knows two or three real estate agents, everyone knows a loan officer or a mortgage broker. A loan officer works for a bank, or savings and loan, and can only offer you loan packages that the bank has put together. A mortgage broker prequalifies you just like a loan officer, and shops your deal around to various lenders.

Whether you talk to a loan officer or a mortgage broker, you're going to have to share personal financial information in order to get a realistic rate. Reputable brokers will show you what certain banks and credit unions quoted and you can pick the loan you like best.

If you'd rather do your own shopping, consider talking to a local bank, a national bank, a credit union, and a savings and loan, but remember, unless you give them personal information and permission to run your credit, it's just talk.

 3. Not paying attention to terms

Advertised rates even for those with perfect credit aren't what you will actually pay. The true cost of the loan is the APR or annual percentage rate, which includes fees from the lender.

Understanding loan terms is harder than shopping for a new mattress. There are so many ways lenders can inch up the fees. A loan origination fee is also called a processing fee. It pays the loan officer or mortgage broker, so this fee can vary widely. You may pay one lender more for an appraisal than another might charge you.

One lender may charge more for pulling your credit than another. It's all in your good faith estimate, which you don't get until you've applied for the loan.

All terms are negotiable, so don't be afraid to ask what a particular fee is for and can it be reduced or eliminated.

4. Waiting for a better rate

It's great to have bragging rights on a low rate, but you don't want to lose the home of your dreams over a quarter of a point in interest.

There's a big picture here you could be missing. No matter what your interest rate is, you're going to pay thousands of dollars in interest up front before you make any serious gain in equity. If you go all the way to the end of your loan's term, you'll pay so much interest that you could have bought the same home two or three times.

Instead of focusing on the percentage rate, work on how quickly you can build equity. Make one extra payment a year. Pay $25, $100, or $500 extra per month and you'll more than offset the rate you're paying.

Down the road, if rates drop through the floor, you can refinance, but even that's not an ideal solution. You'll pay loan origination fees, title search fees, appraisal fees and so on -- enough to equal the closing costs you paid the first time around.

And don't forget, you'll start the amortization schedule all over again -- with most of your payments going to interest instead of principal.

5. Choosing the wrong type of loan

Many families were hurt post-9/11 when lenders opened the spigots and gave a loan to almost anyone who could sign the paperwork. Suckers bought homes that were too expensive using balloon loans with low teaser rates.

The type of loan you choose should depend on current market conditions and how long you plan to stay in your home, not how much home you want to buy.

Current market conditions favor fixed rates, because rates are rising from all-time lows. Yes, they cost more than hybrid loans or adjustable rate loans, but the base amount is fixed and doesn't change. Only your taxes and hazard insurance will cost you more over the years.

If you get an adjustable rate mortgage, you are at the mercy of market conditions. While there's a cap on how high your interest rate can go, it's still a risk.

If you plan to stay in your home five years or more, get a fixed-rate mortgage. If you plan to sell your home sooner, you're taking a risk. It takes most borrowers five years just to earn back their original closing costs in equity.

Once you've narrowed your choice of lenders, ask them on the same day to give you a quote. If you wait even one day, rates may have changed, so you're no longer comparing apples to apples.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

27460 BRIGGS HILL RD Price: $725,000 Beds: 5 Baths: 3 ½ Baths: 1 Sq Ft: 3138 Exquisite Estate with vineyard views! Completely rebuilt & very efficient, like-new home! Radiant floor heating, high ceilings, recessed lighting, large gourmet kitchen, luxurious baths, master suite + mother-in-law suite, wet bar, large deck, balco... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

88604 ERMI BEE RD Price: $629,000 Beds: 4 Baths: 3 Sq Ft: 3376 Gorgeous and private estate on a serene 5 acre parcel. Outstanding views from every room. Completely remodeled to ultra contemporary style April of 2014. Light and bright, granite counters, hardwood flooring, and extensive luxurious outdoor living a... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Good Monday Morning!

Are you considering selling your home? If so, there are certain things that you can do that will enhance the appearance of your home and get buyers excited.  The result of your efforts can mean a shorter time on the market and more money in your pocket.  Here is a recent article from Real Estate Today that addresses this.

As a seller, you have a lot more control in pleasing buyers than you think. If you start the selling process by learning what buyers really want, you can prepare your home to come as close to their dreams as possible.

Here are the five biggest turn-ons for homebuyers and what you can do to please buyers.

Curb Appeal

You only get one chance to make a first impression. Your home should sell to the buyer from the curb. That's how important curb appeal is. Your buyer should be so impressed, so charmed, so delighted that they want to leap out of the car and run inside.

How do you create curb appeal? Show attention to detail. Your home has to be prettier, cleaner and in better condition than its neighbors.

Start with sweeping the drive, walkway, and porch or entry of dirt and debris. Get rid of leggy bushes, wilted flowers and broken tree limbs. Plant fresh flowers in the front garden or in containers at the entry.

Power-wash the exterior and hand-wash the windows. Touch up paint around the windows, if needed. Paint the front door a fresh, modern color. Replace the door hardware and porch sconces.

Space

The number one reason why people buy homes is to have more room. Whether they're moving from an apartment or moving up from the home they have, they want to have plenty of space to do the things they enjoy.

If you have a large home, you're golden, but that doesn't mean you've got it made. You can ruin a buyer's first impression with too much clutter, so make sure to keep your home picked up so your buyer can see your home's features clearly and easily.

What if you don't have a lot of space? Plan to do some storing and staging. Rent a storage unit and put away all out of season clothes, toys, and home decorations and accessories. Clean off all tables and countertops so you have only the minimum of things your need to operate your home. Empty closets of anything that is "stored" and move it to the storage unit. The small expense you'll pay in storage fees you'll more than make back from your buyer's offer.

Updates

There's a reason why first-time buyers and singles tend to buy older homes - they're more affordable than buying new. So unless your buyer is a building contractor, chances are they want a home that's as updated as possible.

You may not be interested in putting in a new kitchen in order to sell your home, but you can do a few things to make buyers happy. Replace the most dated features - countertops, cabinet pulls, or appliances.

Bathrooms are so personal that they can easily turn buyers off. Invest in new towels, bathmats and a shower curtain. Throw out slimey soaps and limp ragged bath sponges. Replace with liquid shower and bath products. You can take all the new stuff with you to the next home.

Painting is expected by buyers, but don't repaint the same colors that you chose 10 years ago. Pick an updated neutral like a warm grey instead of beige. Be sure to choose a color that will complement the architecture and flooring in your home.

Keep in mind that the typical home purchased in 2013 was 1,860 square feet and built in 1996, so homebuyers aren't expecting your home to be a mansion, nor do they expect it to be new, but they do expect to see pride of ownership. The more tweaks, updates and repairs that you perform, the more confident your buyers will be that they're choosing the right home.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

450 FIGUEROA ST Price: $185,000 Beds: 4 Baths: 2 Sq Ft: 1840 Solid, comfortable home on 0.32 acre lot! Well-built home with charm, lots of storage space, coved ceilings, built-ins, wood floors. Living room with large windows, fireplace, & skylight. Formal dining with built-ins. Kitchen with eating area. Maste... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Good Monday Morning! With the inventory of homes for sale remaining low in many neighborhoods of Eugene and Springfield, just doing an internet search may not be enough right now.  Many of the great home listings go fast and that means that a good share of them never hit the market.  A good number of homes sell by word of mouth before they are placed into MLS.  This is why in the sellers market that we are currently in, it is important to connect a Buyer Specialist Realtor who knows the current market and also actively networks with fellow agents.  This just might be your best bet for finding the perfect home in this market. Lisa Frey and Gail Dewitt are Buyer Specialists on my team.  Both Lisa and Gail are seasoned experts, they continually keep up on the current market and they both have an extensive network of fellow agents.  They are very successful in locating many homes before they hit the market.  If you want the competitive edge with your home search, please contact us and Lisa and Gail can start working for you today! Have An Awesome Week! THIS WEEKS HOT HOME LISTING!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-April-2014-US

4390 BERRY LN Price: $298,000 Beds: 3 Baths: 2 Partial Baths: 1 Sq Ft: 2146 Peaceful Retreat! Enjoy Awbrey Farm subdivision with private driveway in quiet, friendly neighborhood. Property features large deck overlooking spring creek, pond, wonderful gardens, and views of wood Ducks and owls in the trees. Sunken living room ... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Good Monday Morning!

I am asked frequently about whether to remodel or to sell.  For the most part, remodel projects are far more expensive than building new.  You may easily end up with more money invested in a remodeled home than you would have if you had purchased another home that better fit your needs.  If you have a home that you love everything about it, you feel that many of it's assets would be hard to duplicate and you think that you are going to want to live ther for antoher 7 to 10 years, then remodeling could be a good option.  If the answers to this is negative, then you should consider purchasing another home.  Here is an article from Realty Times that addresses remodel and updates.

Before you invest in remodeling, it's wise to think about upgrades that get you back the most money when you resell.

Remodeling magazine's annual Cost vs. Value Report for 2014 offers research that shows the best and worst returns in remodeling based on price and location.

You get the most money back at resale with these updates:

• Entry door replacement: 96.6 percent 
• Deck addition (wood): 87.4 percent
• Attic bedroom: 84.3 percent
• Garage door replacement: 83.7 percent
• Minor kitchen remodel: 82.7 percent

The worst returns were with these updates:

• Home office remodel: 48.9 percent
• Sunroom addition: 51.7 percent 
• Bathroom addition: 60.1 percent
• Backup power generation: 67.5 percent
• Master suite addition:  67.5 percent

For example, installing a new front door gives you the most bang for the buck of any improvement, according to the magazine. You get back 96.6% of every dollar you spend, especially if you buy a steel door.

But do you really need a new front door? Unless your door is cracked or missing pieces of veneer, you may be better off painting it a fresh modern color. Repeat the color somewhere else - in a planter or on the porch swing and you've just raised your curb appeal.

Don't assume that you need to replace a feature when a repair will do. For example, when you open and close a door over and over, eventually you weaken the frame. Perhaps that's where you should put your money. Your carpenter can reframe the entry and make your lock fit better than it does now. Paint like you'd planned to, add shiny new hardware, and your entry will look fresh and new.

Consider how long you plan to stay in the home. Instead of worrying what buyers will think, or how much money you'll get back for improvements, choose projects that provide the most comfort and convenience for your household.

You can borrow square footage from a room that doesn't fit your lifestyle. A formal living room can contribute some space so you can enlarge the kitchen. Filling out an attic to make a bedroom or a playroom, allows you to add more living space without a lot of expense.

Adding a sunroom, a second story, or a new master suite may be worth the extra cost as long as you really, really want the space and you're not overbuilding for the neighborhood. Just keep in mind that you'll need a building permit, and that the work could go on for months.

Don't attempt major remodeling without an architect or an experienced contractor. You'll be tearing down a wall, pouring a foundation, and adding more to the roof, and more, so take advantage of expert help. Make sure that any project that you do compliments the architecture of the home. A modern minimalist kitchen can work well in a 50s ranch home, but will do little to enhance a traditional Victorian.

Generally, smaller projects return more than big projects, so start there. Fix what you can as far as repairs go. As you spend time living in your home, you'll get a better idea of which improvements make the most sense for your budget.

Who knows? You may make your home so perfect that you don't need to worry about cost VS value for years to come.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

4390 BERRY LN Price: $298,000 Beds: 3 Baths: 2 Sq Ft: 2146 Peaceful Retreat! Enjoy Awbrey Farm subdivision with private driveway in quiet, friendly neighborhood. Property features large deck overlooking spring creek, pond, wonderful gardens, and views of wood Ducks and owls in the trees. Sunken living room ... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

46080 MCKENZIE HWY Price: $225,000 Beds: 4 Baths: 2 Sq Ft: 1796 Adorable home on 0.65 acre lot! Wonderful park-like setting with huge yard, patio area and views of the mountains. Great shop with workbench, cabinets, can be 2nd residence. 3 bay carport with storage space in roof. 200sqft shed with attached dry co... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Good Monday Morning! Nationally, and here in the Eugene and Springfield area, the Real Estate market has shifted.  We have travelled through a long buyers market and now with a much lower inventory of homes for sale, we are in a sellers market.  What does this mean for home buyers? First of all, it means that typically a buyer will not have the negotiating power that they had during the buyers market.  Good homes that are priced reasonably sell quickly and many with multiple offers.  This means that a buyer may have to give it their best shot with the first offer or miss out.  This also means that buyers may have a harder time finding the right home in this market.  With fewer homes to choose from, finding the perfect house is going to be more difficult.  It is also important in this market for buyers to have all of their Ducks in order.  Having a lender letter readily available to present with an offer is essential.  Last but certainly not least, it is essential that you have a strong professional home buyer specialist Real Estate agent working for you.  Without having a buyers specialist who knows your needs and wants and who can search the market for you, your chances of finding a great home at a good price are going to be tough in this market.   We find great homes for our buyers every day.  Just because we are in a sellers market does not mean that purchasing a home needs to be frustrating.  A buyers market just means that if you are wanting to purchase a home, you need to be on top of things and have a strong agent who knows the market working for you! Have An Awesome Week! THIS WEEKS HOT HOME LISTING!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-real-Estate-March-2014-US

369 Lenore LOOP Price: $240,000 Beds: 3 Baths: 2 Sq Ft: 1634 Brand new home! Features granite counter tops, bamboo floors, accent lighting, vaulted ceiling, with Great Room. Gas fireplace and built-in shelves in living room. Dining area with skylight. Kitchen with island, eating bar, pantry and recessed light... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Good Monday Morning!

Nationally, the inventory of homes for sale is much lower than it was just a year ago.  Here in the Eugene and Springfield market area this is very true as well.  In many areas such as Ferry Street Bridge, North Gilham, Thurston and Santa Clara, there is a significant shortage of homes on the market right now.  There are buyers looking who just can't find a home because of the current shortage.  This has created a sellers market, which means that the sellers have the advantage due to this shortage of current inventory.  

Several times over the past months, I have mentioned that if you are wanting to sell your home this year, the worst thing you can do is to wait until Spring/Summer.  Homes are a commodity and the sale of homes is subject to supply and demand.  Low demand and high inventories makes it hard to sell a home and typically in this kind of market the seller should expect to sell at a lesser value.  High demand and low inventory creates the opposite effect and sellers can now expect to sell at top market value in a much shorter time frame.  By Spring/Summer inventories of homes typically increase and the time it take for a home to sell will usually increase at that time as well. This can also have a significant impact on the price your home will sell at.

If you have a home that you have tried to sell previously and failed or if you are just thinking of selling this year, don't wait.  The kind of market that we are experiencing right now is typically short lived.  Two months from now, you may have missed the opportunity.

If you would like to have a free home sale consultation, please contact me.  This is a short visit and there is no obligation at all.  This meeting will give you the information you meed to make the decision as to whether you want to sell now or wait.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

325 22ND ST Price: $197,000 Beds: 3 Baths: 2 Sq Ft: 1578 Wonderful Updates and Features! Adorable home updated from floor to ceiling, laminate wood floors, tile shower with body jets, large master suite upstairs. Living room with fireplace, updated kitchen with dining area and slider. Attached 1-car garag... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

Good Monday Morning!

One of the most common questions I am asked is, "should I just stay in my existing home and remodel or should I purchase another home?"  Here is an excellent article written by Blanch Evans from Realty times that addresses this very subject.

Before you pour your savings into a new kitchen and a rainforest shower for the master, think about whether or not you'll be able to recoup your investment when it comes time to sell.

If you have equity in your home, you can make improvements, but don't go over the limit of what other buyers can spend for a home similar to yours in your neighborhood.

While it's tempting to make your home more beautiful, you have to consider the rest of your neighborhood. If most residences in your neighborhood are three-bedroom single-story homes, buyers are unlikely to shop in your area for two-story four-bedroom homes.

Buyers want to shop for a home where there is the most selection of homes that fit their criteria. If they want a swimming pool, they're going to look in neighborhoods where many homes have pools. They won't be aware of your home if you have the only pool in your subdivision.

That's why over-improving for the neighborhood is a bad idea. Not only will you not get your money back for some updates, your home my be harder to sell because of them.

Another reason buyers don't tend to pay as much for updates as you might think is broad differences in taste. Your updates may include choices your buyer wouldn't have made because of several reasons:

You only improved one or two rooms, leaving the rest of the home looking unfinished.

Your updates were too radical, such as cold minimalism in a traditional setting.

Your updates masked a problem but didn't solve it, such as a kitchen that's too small. If the kitchen is still too small after you've put in granite counters, don't expect buyers to care.

You failed to do necessary repairs and updates that were less visible than the new décor but buyers noticed anyway.

Your updates are beautiful but require a lot of cost and upkeep.

Buyers want to make a home their own, and don't want to be distracted or confused by design statements that they don't agree with. Enjoy your home while you can, but make sure your new look can be easily depersonalized when it comes time to sell.

Don't expect to set a listing price based on what you've put into your home no matter how long you own it. Your home will be worth market value no matter when you sell, whatever the value is for that point in time.

All the improvements in the world won't change that basic fact. Your home and the improvements you make are only worth what willing buyers say they will pay.

Before you begin renovations, talk to your Realtor and your lender. They will help you develop a reasonable plan for updates that will add value to your home.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

46747 GOODPASTURE RD Price: $750,000 Beds: 4 Baths: 3 Sq Ft: 3124 Custom home with awesome river views! Great room welcomes you with spacious rooms, numerous windows and skylights, vaulted ceiling with wood columns, detailed custom woodwork throughout. Master suite includes his-&-her closets and sinks, soaking tub... View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand