Myths About Selling Your Lodi or Stockton Area Home In A Slower Market

Trying to sell your Lodi or Stockton area home in a slower market is definitely frustrating. You may find that it takes longer to sell and you cannot get as much money as you could during a booming market.  house selling myths

However, you can’t believe all the hype about a sluggish real estate market. Do your research and separate the facts from the fiction.

You won’t get a decent price.

Your home will sell for whatever a buyer is willing to spend on it.  A comparative market analysis (CMA) shows you what other buyers spent on homes similar to yours.

Of course, if you bought your home when values were higher, you may have to take a loss. However, most people can get a fair price and even make a profit in a slower market.

Your home will stay on the market too long.

While it’s true that homes tend to take longer to sell during a slower market, it’s not impossible to sell them. People do still buy real estate in slower markets.

If your home is priced right and properly prepared for sale, you can still sell it within a reasonable amount of time.

Buyers only want foreclosures and short sales.

The truth is that buyers want good deals, and this can be in the form of money or time. The price of a foreclosure or short sale may certainly be attractive to many buyers, but they can sometimes take a considerable amount of time to close while the banks negotiate their terms.

Paying slightly more for a traditional sale is sometimes well worth the time they can save.

Selling your Lodi or Stockton area home in a slow market isn’t always easy, but it can be done if you choose the right Realtor.  Using my proven marketing plan, I can help you sell your home whether it’s a slower market or a booming market.

Call me today at (209) 339-9000 or email me at homes@RandyRealtor.net

 

Prepare your home for sale properly…  http://www.lowes.com/Cleaning-Organization/Moving-Supplies/_/N-1z0ylxr/pl 

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How To Safeguard Your Home

Feeling safe in your own home is something that we all strive for and hopefully get to enjoy. But for some residents in the Lodi & Stockton areas, that’s just not an option unfortunately.

There are however, some safeguards that can help bring you some peace of mind and maybe allow you to sleep a little better at night.

FOR TIPS ON SAFEGUARDING YOUR HOME and other useful information, click on the “VIEW MY NEWSLETTER” button just below…



If you know of anyone that could benefit from the information in this newsletter, then please SHARE it by clicking on “Share”, “Like”, etc. I’m sure they would appreciate it and so would we. :-)

How’s Your Home Air Conditioner Been This Summer?

Central air conditioner unit, from left side
 (Photo credit: Wikipedia)

Your home’s air conditioner consists of three main parts:

  1. The compressor: It’s the large outdoor unit which is usually on the side of your house or behind the garage. It compresses the refrigerant, or Freon®, into a liquid that then evaporates, resulting in cooling.
  2. The blower unit: Pushes the air throughout the system.
  3. The ductwork: Circulates the air. Cool air is carried into the home; warm air is exhausted.

Anything having to do with refrigerant should be left to professionals. Hire someone to inspect the refrigerant and the compressor lines.

Here are several do-it-yourself tune-up tasks for your home’s air conditioner:

  • Change the air conditioner filters: Schedule a day each month to change your filters. It can be the first, the fifteenth or any day you will remember each month, just pick a date so you do not forget. Check the number on the filter that is already in the system, and buy the same size when it needs to be replaced.
  • Check for debris: After you change the filter, walk around the outside unit and check for obstructions. Clear any leaves or debris that might be caught in the grate. Cut back bushes that may be preventing airflow to the unit. There should be two feet of clear space around the unit.
  • Check the condensate removal system: Condensation occurs when warm air passes through the cooling coil. That condensation drips to a drain or a pan under the unit. If there is a pan, you need to empty it as it gets full.
  • Clean the compressor: The outdoor unit will get dirty and need cleaning, at least annually. Make sure you shut off the power to the unit before beginning. You can then hose off the dirt.

The summer heat here in Lodi, Stockton & Central Valley areas can really wreak havoc on your A/C unit.  If you’d like a referral to an air conditioning specialist for those times when you need to hire a professional, I’m happy to share my recommendations. Call me at (209) 339-9000 or email me at homes@RandyRealtor.net for more information.

 

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Tiger Pigs

Do you love a good internet hoax?  This one is kind of fun and totally harmless.  Have you seen it before?

It’s a picture of a mother tiger nursing 6 piglets wearing tiger costumes.  

The hoax version says the mother tiger was depressed after the death of her litter, so zoo keepers substituted piglets in hopes of cheering her up.  Everybody thought the pictures were fake, but they are real pictures from a real zoo in Thailand.

The whole STORY IS HERE…

On a side note, if you’re feeling depressed about the current real estate market…don’t be.  If you’re looking to buy a home, it’s a GREAT TIME! Interest rates are lower than ever!

If you’re looking to sell a home, then making sure that your home gets in front of the most eyes is what I do best.

I won’t put on a tiger costume, but if it feels like it’s a jungle out there, then I’ll be happy to tame whatever beasts you’re encountering while looking for just the right home, or getting your home sold faster and for a higher price.  Roar!  ;-)

 

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History of Stockton Real Estate Market

Official seal of City of Stockton
Image via Wikipedia

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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Newly Listed Immaculate 4bd Home For Sale in North Stockton


Beautiful 4bd Home in North Stockton


Overview
Maps
Photos
Features
Market Stats

$199,900
Single Family Home
Main Features
4 Bedrooms
3 Bathrooms
1 Partial Bathroom
Interior: 2355 sqft
Lot: 0.12 acre(s)
Location
10908 Flaming Star Ln.
Stockton, CA 95209
USA
To get updates on open home dates and other property events, please click the “Like” button below:


Randy Elliott

Randy Elliott

Realty World Premier Associates
(209) 712-9473
homes@RandyRealtor.net
http://www.LodiAreaHomes.com

   

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It’s Time For the Lodi Grape Festival!

I recently wrote about the Downtown Lodi Farmers Market as being one of the many draws for Lodi, CA as well as many other cities around the country.  Now I’d like to introduce you to our annual Lodi Grape Festival that is running tomorrow, Sept 16, through this coming Sunday, Sept 19.

There will be a carnival, petting zoo, reptile exhibit, many area businesses on display, concerts, fair food, art show, etc., etc.. 

You’ll want to come early and stay late, and enjoy everything that the Lodi Grape Festival has to offer.  Advanced purchase of tickets is recommended if you don’t want to stand in line to enter.

For more information on the Lodi Grape Festival regarding it’s location, hours it’s open, etc. then CLICK HERE.

What will the festival do for the local real estate market?  I’m hopeful that the people attending the festival from out of the area will see what a wonderful community we have here in Lodi, CA, and perhaps consider moving to Lodi and maybe even buying one of the many homes for sale here in town.  There are great deals on Short Sales and REO foreclosures in Lodi as well as Stockton, Galt, Lockeford, and surrounding areas.  The market is all about supply and demand.  We have a good supply and some areas are in high demand.

Make it a great day and week!

Randy

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Fully Furnished Home For Only $17k?

Can you believe this?  I know, I know, it sounds too good to be true.  But it’s not.

More and more people have turned to purchasing mobile homes in the last few years, because that was all they could afford.  But now that home prices have fallen so much that it’s actually within reach again to purchase a home in the Lodi and Stockton real estate markets without having to give your body organs as collateral.

However, you’ll be steadfast to find a home, especially a FURNISHED home, in this price range unless grandma is selling to you and doesn’t know what her home is really worth.

The sellers of this charming little home are moving away to be closer to family and enjoy a more ‘mobile’ life than what their current residence provides them.

Their home is located in a quiet, cute little park on E. Lockeford St. in Lodi, CA.

Price Too Low To Pass Up!

We have many homes for sale in Lodi, but not too many at this low of a price, and certainly not ones that are fully furnished as well.

There’s also an electric GEM car up for bid too if you’re interested.

Make it a great day!

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It Always Amazes Me!

I was showing a home this morning in the Stockton real estate market to some wonderful clients of mine, and it always amazes me the things some people will leave behind when they move out of their homes.

You don't love me anymore?

This sectional, baby’s playpen, and MANY other items were just left behind at this home and I feel like holding a yard sale and donating all the proceeds to charity.  The thing is that it all still belongs to the current homeowner even though they seemingly have abandoned the home and all it’s contents.

Another thing they didn’t take with them was the awful odor that is lingering on throughout the home.  Especially in the garage where I believe they housed a cat or two.  :-/

It’s difficult sometimes to get clients to look beyond a home in such disarray to picture what it would look like in its cleaned up state.

I really feel for the homeowners that are being forced to make such drastic changes in their lives due to the current situation in the Stockton real estate market.  The number of Short Sales in Stockton seem to be increasing, but leaving behind so much furniture, exercise equipment, personal appliances, clothing, toys, etc., when a Short Sale is the option, is still a mystery to me.


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