Q: I’m thinking of putting my home on the market and need to know its square footage. How do I calculate my home’s square footage?

A: The American National Standards Institute (ANSI) offers these suggestions for measuring your home’s square footage:

• Always start by measuring the outside of the house. Begin measuring from any corner and work your way around the house. Move counter-clockwise so the numbers on your tape will be right-side-up.
• Measure from the exterior face of the walls. Include any features that are on the same level as the floor, such as chimneys and bay windows.
• If there are stairs, include them on every level they serve.
• When there are openings to the floor below, subtract the opening from that level.
• For split-level designs, measure each level. You can add multiple floor surfaces into one level if they are within two feet of each other.
• Exclude any areas, such as porches and converted garages, that are not finished or heated the same as the rest of the house.

However, most houses are not perfectly square, and because regulations may vary from one region to another, it’s best to consult a professional appraiser for a truly accurate measurement of your home.

If you are ready to buy or sell a home in the Lodi or Stockton, CA areas, I am here to help. Let me guide you through this complicated process. Call me today.

California schools are having many problems in general, but when it hits in your own community, it really makes you worry and concerned for your child’s well-being and safety.

Click here for the full article along with a link to a short 3 minute video within the article that goes into more details about this important and very costly matter.

Keep an eye on your kids to notice if there’s any changes going on with them and their study habits and/or grades.  Their school could be a part of this problem as well.

http://www.webwire.com/ViewPressRel.asp?aId=147401

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Here’s an excerpt from one of the paragraphs about the history of what’s happened in the real estate market in Stockton, CA.  Detailed information on home sales appreciation rates, etc.  It’s an interesting chart of what’s happened year by year…

The highest annual home appreciation rate in the Stockton Real Estate Market was 32% in the twelve months ended with the 2nd Quarter of 2005. The worst annual home appreciation rate in the Stockton Market was -38% in the twelve months ended with the 3rd Quarter of 2008.

“The highest home appreciation in the Stockton Real Estate Market over a three
year period was 75% in the three years ended with the 4th Quarter of 2005.
The worst home appreciation over a three year period in the Stockton Market
was -54% in the three years ended with the 3rd Quarter of 2009.”

You can read the complete information HERE – Stockton Real Estate.

Here’s another link to an article about Why Real Estate Should Be In Your Portfolio.

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Summer brings with it abundant sunshine, fresh foods and fun activities which is why the season inspires many people to be happy and healthy.

Chelsie Hightower, the Emmy-nominated professional dancer from the hit show “Dancing with the Stars,” has put together some healthy lifestyle tips:

1. Make healthy meal choices. “I personally love sushi. Fish and vegetables are essential for my weekly protein, and it’s even healthier with brown rice,” says Hightower.

2. Hop in a steam bath. After working out, steam helps relax sore muscles and boost your immune system.

3. Use summer as a reason to try new activities. Take hikes, go swimming, or learn yoga.

4. Keep a food journal. Once you see everything you eat written down in front of you, it’s easier to make more realistic goals and changes.

5. Dance to your own beat. Realize that no two body types are the same and what works on others won’t necessary work for you.

6. Make healthy food more interesting with unique and delicious recipes. ”I enjoy finding recipes online and then trying them at home. Old London has some great recipes on their Facebook page,” Hightower says.

And while you’re out enjoying the nice weather, don’t hesitate to contact us here at Realty World Premier Associates if you’d like to do some summer-time home shopping as well.  Many home prices in the Lodi, Stockton and surrounding Central Valley areas are making mortgage payments even lower than what you’re paying for rent right now.

But I came across one individual that thought she would just eat her house and then since there would no longer be a house, then of course there would be no longer a mortgage, right?

I’m thinking that it’s not that easy. Eating this gingerbread house might make Ciara’s imaginary debt go away, but once she’s done with it she’ll have the worst stomach ache EVER!

The situation that many people are in today with deciding whether to just walk away from their real mortgage and let the bank foreclose, or to perhaps talk to a Realtor like me and see if trying to do a Short Sale is enough to cause anyone to have a stomach ache as well.

I always recommend that everyone talk to a Certified Public Accountant (if you’re in the Stockton, CA area the best is Peter Holtz) or to a real estate attorney, or both.

As a real estate professional I do not give legal advice, nor do I sell home loans.  I sell homes for sellers and find great deals for home buyers in the central valley of CA, mainly in the Lodi and Stockton areas.

Bottom line, as a homeowner you have options if you are upside down with your mortgage.  Whatever you do, don’t resort to eating your house.  Be sure and seek out the advice from the professionals and make sure that you open all mail pertaining to your home, and save everything that you get in one place for easy access.

I hope you all have a Happy Holiday Season!

Sincerely,

Randy

I’ve had the great fortune of being able to stay with my broker and his family at their 2nd home in Carlsbad, CA, while attending an international convention for the world leader in nutritional cleansing with Erica Davis.  They live only 2 blocks from the ocean near Pinto Beach.  Here’s a photo I took my 1st night here.

Life is a Beach!

I’m really looking forward to returning home to my own family, which I miss very much, but I do find myself wishing that it would be easier for them to all just move down here.  The scenery is beautiful!

The local real estate market in Lodi and Stockton area is much different than what it is here in the Carlsbad and San Diego areas.  Most of the homes for sale in the San Joaquin County are foreclosures and short sales.  The median sales price for single family homes in San Joaquin County in the month of July 2010 was $175,000.  Oddly enough that’s the same median sales price for the same time last year.  The median sales price for San Diego County was $380,000 and $352,000 respectively, but here is Carlsbad the prices are even higher.

For assistance in finding good deals on homes for sale in the Lodi and Stockton areas be sure and contact Realty World – Davis Homes & Properties.  And for the Carlsbad, CA area make sure and contact Steve and/or Carol Davis with Davis Coastal Properties.

Although we don’t have any oceans in Lodi, it is where my home and family are, so I am really looking forward to seeing them and getting back to taking great care of my real estate clients I’m currently working with and also the ones that I’ll soon be helping.

It’s a great life!

Randy

If you set the correct price, you’ll notice a much faster sale.  Setting the right listing price will also attract more potential buyers to your property as well.  You’ll also notice an increase in response from Realtors, and receive more calls about the property.  The listing price is very important – and it can ultimately determine whether or not you even sell your property.

A home can be overpriced due to several reasons.  Overpricing is something you want to avoid, as buyers tend to steer clear of homes that have been overpriced.  Normally, this happens when a buyer asks a lot more than the home is worth or valued at due to emotional reasons.  Some sellers ask a lot more than the value of the home due to location.  Although the location is very important, most potential buyers won’t give the home a second look if they think the price is too high – and more importantly out of their price range.

When you put your home up for sale, most activity will happen within the first couple of weeks.  If you put the right price on your home, you’ll notice immediate interest.  There are always buyers looking for homes in their price range, waiting for new homes to be listed or homes to be reduced in price.  Buyers who are waiting to purchase may miss seeing your home completely if the price is too high.

To determine the listing price of your home, you should always have your Realtor go over the comparable recent sales.  This way, you’ll know the possible value of your home.  You can sell it for market value or go a little under, although you should never attempt to go way over the value.  In doing so, you’ll miss out on a lot of potential buyers.  The home market is very competitive these days, which is why you want your home to draw as much interest as possible, as soon as possible.

Keep in mind that Realtors really have no control at all over the real estate market, only the plan behind the marketing.  Realtors don’t determine the asking price – the seller does through the assistance of their Realtor.  If you do things right and take each process step by step, you’ll set the listing price in the right area and have no problems selling your property, or at least getting offers for it.

Short Sales in Stockton and Lodi, CA areas are what’s fueling the market right now and will stay that way for the near future.  The main thing is to get a good solid offer on your home and then the lender(s) will determine if you get the ‘green light’ or not.  That will most likely only happen if you price it right from the start.

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If you are a current real estate investor or looking into how to get started, then I recommend that you look into a new group in Stockton that is already making a name for itself in the “Where do I go to learn and network” circles.

Here is a link (CLICK HERE) that will take you to the site for the Real Estate Investor Community of Central Valley.  The 1st meeting was a great success!

Real estate investing is a hot topic right now, and especially in the Stockton and Modesto areas of the central valley in California.  These two cities were listed recently in a list of the Top 10 undervalued markets.

Be sure and check out the Investors link above and I’ll see you at the next event.