Showing posts with label real estate. Show all posts
Showing posts with label real estate. Show all posts

Monday, September 28, 2015

8 Things To Do When You Move Into Your New Home

When you move into a new house, you’re excited about decorating and getting situated but there are a few important items you should address right away.


1. Change the locks

Before moving even one tiny piece of furniture into your new home, change the locks—or at least have them rekeyed. It’s not that you don’t trust the sellers but there are numerous people who've had contact with those keys over the years, any of whom could have copied the keys for some unsavory purpose.

2. Change the alarm batteries

Making sure your fire and carbon monoxide detectors have fresh batteries may not seem like a pressing issue while you’re in the middle of a stressful move, but it’s the kind of thing that gets ignored and then forgotten. Better to deal with it now, when the home is empty and you can make a quick sweep of the house—without lugging a ladder around furniture.

3. Review your home inspector’s report

Inspection reports are often filed with the escrow papers—but don’t wait until something goes wrong to pull them out. A good home inspector will outline the most important issues in their report, so use their expertise as a guide for your first few days of ownership. If they’ve marked anything as particularly pressing that wasn't addressed by the sellers, make sure to handle it before moving in.

4. Find the circuit breaker and water shut off

If you were there during inspection, you should know where your junction box is, but if you don’t, finding it should be top on your list.  During a move, when you’re plugging all sorts of electrical doodads into the wall, you don’t want to be lost in the dark hunting for that elusive metal box. Its a wise idea to also find the water shut-off, too.

Then, get familiar: If the panel is not already well-marked, have your spouse or another family member stand in different parts of the house while you flip different switches, and make a note of which ones handle different rooms.

5. Deal with any water problems
Deal with water-related issues immediately called out in the inspection report. These tend to be troublesome because they’re so easily ignored.  A leaky toilet might seem minor, but the steady drip can damage internal structural components.

Check your roof, too: If the rubber vent boots on your roof are leaking, you might not know it for a while.

6. Caulk everything

This one isn’t mandatory, but caulking is a whole lot easier if you do it when the house is empty, letting you see all the nooks and crannies that might need a little sealing—and don’t forget the exterior. Caulking issues occur in just about every home and while they might seem minor, it doesn’t take long before cracking gives way to leaks and even more water issues.

7. Plan your emergency exits

Before you begin bringing in furniture, walk through every room and decide how you would escape in an emergency. This can help you spot problem areas or rooms that need some adjustments—say, removing bars or adding egress windows to a basement.

8. Clean your gutters

Don’t let the dullness of this 'out of sight' task push you to procrastination: If the previous homeowners didn’t clean the gutters, you need to do so ASAP.

If you have a need for a real estate professional, please contact me. I would also appreciate your vote of confidence by passing my name to anyone you may know who would benefit from my services.


Monday, April 14, 2014

9 Steps You Must Take Before You Sell Your Home


9 Steps You Must Take Before You Sell Your Home


The home selling process differs from state to state, but there are some important steps that you should take before you put your house on the market--all steps that protect your interests and help you get the most return from your investment. 


1. Get Pre-Approved for a Home Loan
I've known sellers who signed a contract to sell their house before they knew if they were qualified to buy another. Either their financial circumstances had changed since their last purchase, and they could no longer qualify for a loan, or they weren't able to sell at a price that allowed them to buy the type of replacement house they wanted. They ended up renting or buying something that was far from ideal.
Before you decide to sell the house, get pre-approved by a lender you trust and research the housing market in the area where you wish to live so that you have a good idea how much it will take to buy a replacement.

2. Check Your Mortgage Payoff
Call your lender to check the payoff for your current home mortgage. You'll need the figure to complete Step 6.

3. Determine How Much the House Is Worth
Determine your home's fair market value. Real estate agents will usually help you determine value as a courtesy, but you might take it a step further and order an appraisal.

4. Estimate Your Costs to Sell
  • Real estate commission if you use an agency to sell.
  • Advertising costs, signs, other fees if you plan to sell by owner.
  • Attorney, closing agent and other professional fees.
  • Excise tax for the sale.
  • Prorated costs for your share of annual expenses, such as property taxes, home owner association fees, and fuel tank rentals.
  • Any other fees typically paid by the seller in your area (surveys, inspections, etc.).
  • Real estate agents deal with transactions every day and can give you a very close estimate of seller closing costs.

5. Determine Your Costs to Acquire a New Home
  • Total your costs to acquire a new home: moving expenses, loan costs, down payment, home inspections, title work and policy, paying for a new hazard insurance policy--all expenses related to buying a home. Your lender should give you a disclosure of estimated costs when you apply for pre-approval.

6. Calculate Your Estimated Proceeds
  1. Deduct your mortgage payoff from your home's fair market value.
  2. Deduct your costs to sell from the remainder to get an estimate of the proceeds you will be paid at closing.
Will your closing proceeds cover your costs to acquire a new home? If not, do you have cash or other funding to make up the difference?

7. Make Necessary Repairs
Make all needed repairs unless you want the house to be regarded as a fixer-upper. I'm not referring to cosmetic updates, but to items in need of repair. Anything that's obviously broken gives potential buyers a reason to submit a lower offer.

8. Get the House Ready to Show
Most houses need at least a little spiffing up before they are shown to potential buyers. Great curb appeal, fresh paint indoors (and sometimes out), organized closets and cabinets, sparkling clean windows and appliances, and a clutter-free atmosphere are essential if you want the house to appeal to buyers.

9. Get Psyched Up to Let People In
If you're listing with a real estate agent, she'll no doubt ask you to leave when the house is shown. Why? Because lurking sellers make buyers nervous--they don't feel comfortable inspecting the house when they feel they are intruding.


Unless there's a real reason for it, don't ask your agent to be present for all showings. That's the kiss of death for showing activity. Other agents want privacy with their buyers and they don't usually have time to work around your agent's schedule.


Julie Wyss, serving all of Silicon Valley
Top Producing Real Estate Agent at Keller Williams Bay Estates, Los Gatos
Call Julie Today


Monday, March 31, 2014

Seven Seller Slip-Ups That Send Buyers Packing


BY  · DEADLINENEWS.COM © MARCH 20, 2013 


Sure it’s a sellers’ market, but that doesn’t mean it’s a fool proof market.
Sellers who approach the market like a cocky kid who thinks he or she knows it all will soon learn the real estate world isn’t his or her oyster.
If you want to sell your home quickly for the maximum sales price, consider these pearls of wisdom to avoid common seller mistakes.
Mistake No. 1: Pricing your property too high – Every seller wants to get the most money for his or her product. Listing with an excessively high price is a mistake.
A high listing price will simply alienate some buyers before they even see your property. Other buyers could expect more than your home really has to offer.
Over-priced properties tend to take an unusually long time and sell for a lower price than a similar home that’s priced right.
Mistake No. 2: Mistaking refinance appraisals for market value – In a refinance, lenders often estimate the value of your property at a higher level than the home is worth to encourage refinancing.
It’s a good idea to ask your real estate agent for the latest comparable market analysis, based on similar, recently sold properties in the same community.
Mistake No. 3: Forgetting to “showcase” your home – No matter how many times sellers hear this advice, no matter how simple it is to achieve, there’s widespread neglect when it comes to getting a property ready for sale.
A poorly maintained home with neglected decor and an unorganized appearance will turn away buyers and slash thousands of dollars off the selling price.
Mistake No. 4: Trying to “hard sell” while showing – Buying a house is an emotional and difficult decision.
Give prospective buyers time and space to examine your property. A home tour or open house event is not the time for pressuring prospective buyers.
Point out subtle issues, but be friendly, be hospitable, be available and be receptive to questions, but only if the potential buyer asks.
Mistake No. 5: Trying to sell to lookers – A prospective buyer who shows interest because of a “for sale” sign likely isn’t really interested in your property.
These buyers are more likely six to nine months from really taking the plunge. They are more interested in learning what’s available, rather than looking for a home to buy.
Your real estate agent can distinguish between the looky-loos and real buyersby determining a prospective buyer’s savings, credit rating, and purchasing power.
If your real estate agent can’t make this distinction, and you have to investigate on your own, consider finding a new real estate agent.
Mistake No. 6: Not knowing your rights and responsibilities – It’s crucial you are aware of all the details in your real estate contract.
Real estate contracts are legally binding documents and can be complex and confusing, but failing to sweat the details could cost you thousands of dollars in repairs and inspections.
Mistake No. 7: Signing a contract with no escape – You have a right to a contract that allows you to fire your real estate agent – and hire another – if the original agent fails to do the job as promised.
Beware of real estate companies that simply replace an agent with another one, without consulting you. Be in control of your sale before you sign a real estate contract. 
Click here for link to original article on Deadline News.

Top Producing Agent at Keller Williams Bay Estates, Los Gatos

Monday, February 17, 2014

Is it a buyer’s market, seller’s market or neutral?


If you are considering buying or selling a home in Silicon Valley, you are likely trying to take the pulse of the housing market to determine if this is the right time to make a move.



Even the most savvy investor can find the timing aspect of buying or selling daunting and timing can be a stressful ordeal after watching so many friends and family members stuck with mortgages that are larger than their homes are worth.

Here’s a quick formula to help you zero on the right time to buy, sell or stay put.

The calculations can be used in any sized market, by ZIP Code, by city or by county.
Calculating market conditions

Buyer’s Market – There is more than a six-month supply of homes for sale. The market is loose. This puts the buyer in a better negotiating position, making it a great time to buy.

Seller’s Market – There is less than a three-month supply of homes for sale. The market is tight. This puts the seller in a better negotiating position, making it a great time to sell.

Neutral Market – There is a three- to six-month supply of homes for sale. This puts the buyer and seller on a relatively equal negotiating footing. The seller has an edge as supplies move nearer to three-month supply. The buyer calls more of the shots when supplies tip toward the six-month supply level.
In your area, calculate the supply of homes for sale by dividing the number of homes for sale by the number of homes sold in a given month.

Additional factors also can tip the scales one way or the other, including economic distress or growth, levels of appreciation, falling or rising prices and an imbalance between buyers and sellers.

Sellers rule

• It’s a solid seller’s market. Absolutely. All-cash buyers have snatched up a large chunk of lower priced properties. Distressed properties are down. And many equity-poor homeowners are waiting, 
hoping that prices will come up more so they can squeeze another $50,000 or so out before they list.

• It’s not a buyer’s market. Record low interest rates along isn’t enough to give them an edge in terms of a stronger negotiating edge. Inventories are also near record lows so buyers face stiff competition from multiple offers as they struggle to find the right property.

• Affordability is being offset by low inventories and that’s keeping the market out of neutral territory.

Still a good time to buy

As is often the case, Silicon Valley’s market experienced a swift transition from the buyer’s market of last year to the current seller’s market. That’s because home buyers and sellers typically move in unison – on or off the market – as soon as they see the market moving in and against their favor. That makes the neutral market the most fleeting of the three.

In a seller’s market as tough as this one, even well-trained professionals are left scratching their heads trying to get an offer accepted.

Prices are rising, record-low interest rates are sending buyers to market. It’s a great time to sell compared to a year ago.

With prices still affordable, it’s also an amazing time for existing homeowners to buy up and move to a bigger and better home.

If you have a need for a real estate professional, please contact me. I would also appreciate your vote of confidence by passing my name to anyone you may know who would benefit from my services.

Julie@JulieWyss.com  |  www.JulieWyss.com  |  408.687.2026


Tuesday, June 25, 2013

Team Wyss Gets Rave Reviews

   











All activity occurred within the first half of 2013.


 Team Wyss: Offering Unparalleled 5 Star Service.  
                                        

Pending: 21889 Lone Oak Circle #1, San Jose, CA  95120 $2,700,000

Pending: 7615 Tiptoe Lane, Cupertino, CA 95014 $1,650,000

2418 New Jersey Avenue, San Jose, CA 95124 $1,300,000
Julie did an absolutely incredible job in getting us the house of our dreams! She was friendly, professional, efficient (responding to our emails at 6AM sometimes!) and made the complicated home-buying process seem easy, which we really appreciated as first-time home-buyers. Even after closing, she has been very helpful in getting the house set up the way we want it, by arranging for carpet service, etc., and referring us to other vendors. We would definitely recommend Julie to any of our friends looking for homes in the Bay Area.

Pending: 24 Coronado Avenue, San Carlos, CA $1,300,000

1460 Montego Drive, San Jose, CA 95120 $$1,260,000
Julie and her team did an amazing job in helping us find our new home. Julie accomplished something unheard of in this market...our offer, which was contingent on us selling our home, was accepted! We are very thankful to Julie and her team for not only finding but also securing our dream home for us.

 Pending: 6470 McAbee Road, San Jose, CA 95120 $1,030,000

1762 Duvall Drive, San Jose, CA 95130 $805,000
Julie and her team did an amazing job of selling our home. They held three super sized open houses and garnered some great offers on a very tight timeline as the sale of the mandatory in the purchase of our new home. Julie and her team get great results!

Pending: 4068 Page Court, Pleasanton, CA 94588 $755,000
Julie's team and her very reliable network worked hard and helped us beat very aggressive contract. We are very pleased working with her team, especially her hardworking Lynsey, who guided us, helped us and has been with us through the end. Thanks a lot!!!

651 Murphy Ranch Road Milpitas, CA 95035 $710,000
Julie is definitely someone you want on your side. Being a 1st time homebuyer, she made it real easy because she was extremely proactive, patient, and professional during the entire process. Met all my needs and I would definitely work with her again in the future.

1073 Saginaw Terrace #102, Sunnyvale, CA 94089 $658,000
Julie is an excellent agent. We were purchasing our first property, doing it while living abroad and in a seller's market! This purchase was a real challenge for all of these reasons and Julie managed the process in an impressive manner. She has great knowledge of the Silicon Valley real estate market, was always super responsive and helped us make a decision and complete the transaction very quickly. I highly recommend her!

6259 Mahon Drive, San Jose, CA 95123 $610,000
Julie helped us buy a house in a pretty tough market. Went through several offers on different places but got an offer accepted and it was pretty smooth after that. Much appreciated and recommended.

5341 Escover Lane, San Jose 95118 $570,000
Julie did an excellent job for us. Very responsive. Great follow up. We were looking for a rental property to purchase. With each house we looked through, she would point out the pros AND cons. Not pushy whatsoever. Very professional. We definitely recommend her.

7318 Moen Court San Jose, CA 95139 $550,000
We got in touch with Julie to sell our rental home in San Jose. Since we were living overseas, we had additional constraints in time and expense in the process.
Julie and her team did an amazing job ! Julie understood our specific needs and advised us on the market situation and brought in the options that made us comfortable with our decision. She was quick to respond to our queries, always reachable (from overseas) and made the whole process look easy. Thanks to Julie, we sold our home in much shorter time than we anticipated. We couldn't have asked for a better experience.
We would highly recommend Julie and her team to our friends.

5001 Granite Creek Road, Scotts Valley, CA 95066 $549,000

5228 Adalina Court San Jose, CA 95124 $566,000
We engaged Julie to help us sell our condo. We were living out of the area while the sales process was going on, so we communicated primarily by phone. We found her to be knowledgeable, she responded to our phone messages promptly, and provided us with a very good "stager" who did a great job. We are convinced that staging was big factor in a prompt sale. Also, Julie was instrumental in how the buyer structured their offer to accommodate the rapidly changing market. This led to a smooth sale with a positive outcome for both the seller and buyer.

Active: 5636 Orchard Park Drive, San Jose, CA $525,000

101 Morrow Court San Jose, CA 95139 $512,000
If it weren't for Julie, we wouldn't have gotten our house so fast. End to end, we closed the deal in less than 45 days...It was fantastic! Her widespread network and negotiating skills come in handy when you are fighting for a house in an aggressive market. She'll get you in on a house when no one else can. I have already connected her to 3 of my dearest friends so they can find a home as quickly as I did.

1116 Malott Drive San Jose, CA 95121 $510,000
Julie was fantastic to work with! Super professional, presentable, and always chipper, Julie brought her ‘A Game’ to every meeting we had with her. I was impressed that she had us both full out "wish lists" describing our dream house, separately. Then, she went over them together with us and helped us narrow down and refine what was truly important and obtainable for our budget. She did her absolute best to help us find our dream home, and while in the end, we stumbled upon it by accident ourselves, she was more than diligent and dutiful when it came to handling the daunting short sale process. I think my favorite moment of working with Julie was the day the house closed and we got our keys. She met us at the house, took the tour and hugged us both. She presented us with an enormous, overflowing gift basket full of goodies. Tied to the front was a Christmas tree ornament for our impending first holiday in our new home. Such a thoughtful, genuine gesture that really went the extra mile to say, “Thank you for letting me be a part of this process with you”. It was a pleasure having Julie as our agent and we would use her again in a heartbeat.

Pending: 1113 Alonso Drive, San Jose, CA 95126 $505,000

Active: 357 River View Drive, San Jose, CA $505,000

605 San Conrado Terrace #1, Sunnyvale, CA 94085 $482,000
We selected Julie Wyss to help sell our home in Sunnyvale after contacting several agents. Throughout the entire process she was open and up front about the details and next steps, quick to respond to any questions, friendly, and very professional. 

Since we were relocating to a different state, we wanted to leave quickly. She helped us take care of all details and arranged for everything to happen in our stead. The entire sale process was entirely painless! This was a huge relief for us as it gave us one less thing to worry about.

We really appreciate that she kept in contact with us throughout the sale and was always reachable. Julie and her team handled our sale promptly and professionally. Even after the sale, she called to see how we were doing in our home search in our new state. We would definitely and highly recommend her and her team.

3293 Kathleen Street, San Jose, CA 95124 $465,000

Pending: 709 San Conrado Terrace #6, Sunnyvale, CA 94085 $459,00

606 San Conrado Terrace #8, Sunnyvale, CA 94085 $450,000
We selected Julie Wyss to help sell our home in Sunnyvale after contacting several agents. Throughout the entire process she was open and up front about the details and next steps, quick to respond to any questions, friendly, and very professional. 

Since we were relocating to a different state, we wanted to leave quickly. She helped us take care of all details and arranged for everything to happen in our stead. The entire sale process was entirely painless! This was a huge relief for us as it gave us one less thing to worry about.
We really appreciate that she kept in contact with us throughout the sale and was always reachable. Julie and her team handled our sale promptly and professionally. Even after the sale, she called to see how we were doing in our home search in our new state. We would definitely and highly recommend her and her team.

1591 Delante Terrace, San Jose, CA 95118 $438,000
We chose Julie to assist us in finding our first home and our experience couldn't have been more positive. We weren't familiar with the area, market, or process in general, which can be quite intimidating for first time homebuyers. Julie was there to help us navigate through the process every step of the way.
She's very good at determining what a family needs in a home, is realistic with budgets, and is extremely flexible when it comes to calls and appointments. I think she goes above and beyond to ensure quality and satisfaction. 

We just purchased our first home, have settled in, and are very happy :-) We will definitely work with Julie in the future and recommend her to anyone looking for a home.

701 San Conrado Terrace #1, Sunnyvale, CA 94085 $430,000
Julie sold our condo in less than a week. She is an expert in her field and knows the market well. She tells you exactly what you need to do to get your maximum selling price. Her team is knowledgeable, fast & responsive. Julie Wyss and team are amazing! Great experience!

192 Goularte Way, San Jose, CA 95116 $295,000

Pending: 368 Carroll Street, Mountain House, CA 95391 $280,000

Coming Soon! 59 Pearce Mitchell Condo, Stanford University Housing, Palo Alto, CA Price TBD




Contact us today for World Class Real Estate Services
408.687.2026

All activity occurred within first half of 2013.