Sunday, July 31, 2011

Keep the Dominoes from Falling

Keep the Dominoes from Falling

Riding the Wave of Today’s Market

domino effect

Riding the wave of today’s market requires more than average patience from sellers. It can be a tough market to endure. Especially if their own unique property is not five star-rated and priced aggressively. Sellers of these properties may see their house stay on the market longer than they ever anticipated. Sure the agent explains but are the sellers really listening. We are talking about their home; their very own castle.

Much has been written about the to do and don’t of selling a house in a down turned market. It still remains that there are some circumstances that will not fit neatly into a list of to do and don’t.  Take for example the house that was built with a brick that once was the rave only to be met with disdain by today’s buyers. Or the winding country lane that is now a thoroughfare in town.

Any unusual circumstances has to be dealt with to insure that the seller receives the customer care and price that they deserve as well as the agent receiving the compensation they earned. So when a buyer does come along offering the hope of a sale it is understandable that both the seller and the listing agent are eager to negotiate a win-win situation.

Going once! Going twice! It’s not an auction. It’s not even a distressed property. Rather it’s a buyer’s fallout creating a domino effect and causing the transaction to fail. Sellers aren’t the only ones enduring the wave of the economy. Many would-be buyers are falling out on their contracts in the end. Leaving the would-be sellers scratching their heads and the listing agent scrambling to get it back on the market without further delay.

The most common fallout for buyers has to do with failure to get final approval for financing. It’s the most common but not the only cause for buyers not making good on their contracts. Occasionally it can be due to the buyer’s lender making a requirement on the seller that neither party anticipated. In the later the two parties will almost always come to an agreement since it typically requires some sort of repair to the property to meet all the requirements of the loan.

It is never a good experience for the buyer or the seller when a transaction fails. Picking up the pieces and starting all over puts a damper on the overall satisfaction. Real estate transactions involve many details. Real estate professionals that possess the knowledge, skills and tools to handle these details are the ones who can assist in making a not-so-perfect transaction flow through the course of the sale. Before starting the process of finding a home or selling yours connect with a Realtor® you feel confident that you can work with. She can help you through the process, be a good source of information along the way and help keep the dominoes from falling.



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Success means having the courage, the determination, and the will to become the person you believe you were meant to be.


The Hunger Site

Originally posted at: Plano Homes & Real Estate: Keep the Dominoes from Falling

Posted via email from teralmc

Saturday, July 30, 2011

It's All About the Price

Ten Good Indications When Money Doesn't Talk

Money Talks! Lora "Leah" Stern has provided a candid blog on good reasons why a home may not be selling. All ten indicators are good, valid points to consider prior to putting your home on the market so that your house is not one of the houses sitting.

Via Lora "Leah" Stern, Realtor Suffern, Rockland County NY (Coldwell Banker Residential Brokerage):

If You Want To Get It Sold - Drop the Price!

Euros and HouseHas your home been languishing on the market, without any offers or even showings?  Well that's a clear indication that you just might be overpriced.  In this current market and economy price is still king and it's still the single most important determining factor in how quickly your home will sell.

How do you know if your home is overpriced?  Here are 10 sure indications.

1.      You priced your home based on other homes currently for sale, instead of homes that actually sold.

2.     Despite the fact that we're in a declining market and prices are going down, you believe your home is the exception to the rule and is worth more.

3.      You priced your home to include the value of how much you spent on improvements to it.

4.     You based the price of your home on an old appraisal - old being older than 3 months.

5.      You think your home is unique and priced it accordingly even though it the same size, age, condition and location as other comparables.

6.     You believe that your home needs a special buyer and that special buyer that just falls in love with your home will be willing to pay any price (no matter how ridiculously high) to get it.

7.      You've had many showings but no offers.

8.     Your home has been on the market now for over a year without selling.

9.     Your original realtor wouldn't list the house at your inflated price, so you listed with someone else who would.

10.   You are getting no showings.  OK, this should be #1.  No one perceives value in your home at this current price.

Time to get real.   The market has spoken.  The market has rejected your home at this price.  If  you want to get it sold,  DROP THE PRICE!

Flickr photo by Images_of_money


Lora "Leah" Stern - Your Rockland County, NY REALTOR of Choice - (914) 772-4528

Your Rockland County, NY Real Estate Specialist

(914) 772-4528 CELL
(845) 369-1938 DIRECT LINE
(845) 634-0400 OFFICE
(862) 345-2463 FAX

If I can assist you in any way with your real estate needs in Suffern, NY Rockland County or the surrounding areas, please feel free to contact me by phone at (914) 772-4528, email me at or visit my website ..


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Success means having the courage, the determination, and the will to become the person you believe you were meant to be.


The Hunger Site

Originally posted at: Plano Homes & Real Estate: Ten Good Indications When Money Doesn't Talk

Posted via email from teralmc

Sunday, July 24, 2011

Houses For Sale in Murphy TX


Murphy TX Market Report July 2011


The City of Murphy TX continues to have a strong market in the single family housing, new construction and pre-owned.

During the month of June 28 single family residences SOLD. That represents an increase of 40% over last month and a 25% increase over last year's sales in June.


Area / Top Neighborhood

# of Sold

Last Month

Last Year

City of Murphy




Maxwell Creek




Windy Hill Farms




Glen Ridge




Looking at the chart above the increase in sales looks promising for the housing market. Although it may only be a glimmer of hope. Forecasters warn that a drop in local housing prices are expected to impact the number of sales as the year draws to a close.

Last year in 2010 the average sales price for the month of June was $266,241. The average sales price for the month of June in 2011 is $264,316. Days on market in 2010 averaged 116. In 2011 the average number of days on the market was 70.

Conditions that help to promote a timely sale include improving your home's landscaping, stunning curb appeal is key to making a really good impression. That first impression stands out as vital in today's market.

Are you moving? Within the City of Murphy there are 17 homes presently available in the price range of $199,999 or less. There are 57 homes available within the price range of $200,000 to $299,999. Let's talk; I welcome the opportunity to earn your business.


Success means having the courage, the determination, and the will to become the person you believe you were meant to be.


Originally posted at: Plano Homes & Real Estate: Murphy TX Market Report July 2011


Posted via email from teralmc

Thursday, July 21, 2011

Memorable Facebook Statuses

Most Noted Facebook Statuses

bear doing a belly laughFacebook has been around long enough that we all love to check out what our friends are saying in their statuses. I like many of the quotes that I read.  But sometimes I come across one of those off the wall Facebook statuses that has me laughing out loud. Just so happens I came across one today.

It was a fun or funny status however you look at it. And it seemed only natural that I should blog about it. Everyone has a favorite status that they have seen or shared  Here’s mine from today just for anyone who may not have seen my Facebook status yet.

"I have been to a lot of places, but I’ve never been in Cahoots. Apparently you can’t go alone. You have to be in Cahoots with someone. I’ve also never been in Cognito. I hear no one recognizes you there. I have, however, be in Sane. They don’t have an airport; you have to be driven there. Apparently, I have already made several trips!"

Come on now; join in the fun. Post one of your favorite Facebook statuses you have seen or shared on your profile. Make it a laugh out loud day!




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 Success means having the courage, the determination, and the will to become the person you believe you were meant to be.


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Originally posted at: Plano Homes & Real Estate: Most Noted Facebook Statuses

Posted via email from teralmc

Thursday, July 14, 2011

One Room Makeover Anatomy 101

Anatomy of a one room makeover for Staging to Sell

Ever wonder about the process a home stager goes through to transform a space from dwelling to selling? Well I'd like to share some tips for staging one room (an office) at a recent occupied home staging project Home Star Staging completed. It was an occupied property staging job with accessory enhancements provided by my company. 

Step 1:

§ Meet with home sellers for an in home staging consultation. In my Texas market, for Home Star Staging, no occupied home staging ever starts without one. This is a paid for service but I can confidently say will surpass the investment & most likely return it immediately. There is always work to do prior to the actual hands on staging, no matter how well appointed or not. Each property is unique as is each room, furniture and decor choices of the home owner and then of course the demographic of the buyer needs to be considered as well. These things must be addressed, honestly, openly and tactfully.

§ For the example I'll be showing you the sellers had considered renting furniture however I was able to assist them in purchasing items more cost effectively than renting & they could take it with them to their next home. This initial consultation actually saved them $1,000 in rental furniture that wasn't necessary! They spent less than $500 on furniture and decor items that they get to keep!

§ I provided a consultation and left them with a punch list of items to purchase, update and complete before our scheduled staging.

§ Clients opted to utilize our accessory package to offset the furniture purchases they made (a much more cost effective and easy way to go when you have no idea what kind of decor would work in your space. - believe it or not, there are many home owners who either don't know, care or want to have home decor in their houses for living)

Step 2:

§ If the client decides to have Home Star Staging come back to do the work, contracts are sent, signed and job is scheduled. 

§ If client opts to DIY they're given all the information they need to do the work and stage the property themselves.

Anatomy of a one room makeover for Staging to Sell:

This is what I saw during the initial consultation, Office Before Staging:

Office before staging

What do you see wrong with this photo? 

§ How would you feel seeing this as your first impression of the home? 

§ Does it speak to you or draw you in?

§ Can you see how you'd use it? Even from the MLS photos it's not the best way to present this space.

Challenges I see:

§ This was a "first impression" entry room. Upon walking in the house this was one of the first rooms a buyer would see and it didn't "speak" to me, no charm, sense of real purpose or emotional connection.

§ Awkward furniture placement

§ Dated decor (rocker, corner desk, office chair)

§ More masculine than feminine with the hockey gear and decor, but what's up with the granny rocker?

§ Dated drapery

§ No identifiable purpose or scale to the space (which could also double as a bedroom) - which translates to the buyer "if they don't know how to use this room, how will I?"

§ No personality

Here is the Office AFTER Staging Services by Home Star Staging:

Office After Staging


How the initial concerns were addressed by staging:

§ A better aesthetic was necessary for a first impression room.  It needed to not only look right, but feel right. The owner's corner desk was relocated to another bedroom where it fit perfectly, tucked behind a door which showed buyers another usable space without objection. 

§ Furniture, books and decor that didn't work was removed and an inexpensive desk ($150) and chair ($79) were purchased.  These items were more modern and stylish which appeals not only to the target demographic home buyer, but also went very nicely with their own bookshelves.  Owners commented that they wish they'd done this before.  You may ask, "Why is the desk 'floating'?" Good question!  Again it's more for aesthetics of the space than anything, however there was a wall this desk would work perfectly at but it showed best for SELLING this way!

§ Decor that would appeal to both masculine and feminine tastes was brought in by Home Star Staging. We stuck with a red, black and white color palatte on the shelves and kept it simple. Don't stuff bookcases for selling. Staging to sell is different than staging to dwell! People can actually live without their paperbacks while selling! 

§ Some items used that you could find yourself: Rock & Roll coffee table book (the demographic was two-fold; first time home buyers & potential empty nesters downsizing... The Who in their early days are greeting prospects on the desk), New York vintage postcard art, vintage clocks, a ceramic tea pot, old children's encyclopedias...

§ Solid panels were purchased ($25 ) for the window treatments and complimented the sage and taupe striped accent wall, not conflicted with it.

§ Room is now clearly identified and gives a much better first impression upon entering the home.

When in doubt hire out! If you are the hands on type and need direction for staging your property yourself, a cost effective home staging consultation is for you! You can always add more services if you'd like but I'm of the mindset that I'd rather save and make a client money over spend it! Not only have these consultations helped my clients sell their homes & learn staging principals but it has been a successfully proven service that has helped build our reputation locally. Hands down, Home Star Staging provides an in home consultation that will assist you and/or your sellers for their staging for marketing needs.


Home Star Staging logo

Home Star Staging is a qualified, insured home staging company and we are always here for you North Texas!

§ Affordable pre-list home staging property consultations

§ Affordable post list "trouble shooting" property consultations - no matter how long a home has been on the market there are always ways to improve the chance of sale Owner occupied property staging (utilizing owner supplied furniture & accessories or including some of our own inventory) 

§ Vacant & investment property staging (Full and partial rental furniture packages, accessories and staging services)

§ Is your office interested in hosting a home staging class or presentation? Just ask! Contact Karen at 496-964-0516 or 

§ Interested in learning how to start a successful home staging business in TX, OK or NW LA? I can help! I'm a certified course trainer for the Staging and Redesign team!Staging and Redesign logo

Posted via email from teralmc

Truth about Credit Scores

Myth or Truth: Knowing Your Credit Score


Credit Scores and what to do about them still remain a huge interest for every consumer. Tagrid Shunia knows about credit. She has written this insightful blog to assist us in understanding what is a myth when it comes to credit scores.


Via Tagrid Shunia (First Pro Capital & Credit Consulting Professionals Inc):

credit score myths

Your credit scores are one of the most critical pieces of your financial life. Whether it’s a utility company, car dealership, auto insurance, business loan, home loan, landlord or employer, they all utilize your credit score as a factor for credit risk. 

How valuable is your credit score?

First and foremost, bad credit can cost you thousands of dollars per year. Not only will you pay higher interest rates and fees, getting approved for any type loan is quite challenging with lower credit scores.

 Also, make sure to avoid these 8 credit score myths:

§ Myth Number 1:  Your age and sex are part of your credit score - None of these factors affect your credit score.

§ Myth Number 2Just because you have a high salary, doesn’t necessarily mean it’s a supplement to your credit score - Salary is not a part of your credit score factoring

§ Myth Number 3:  When you get married, your scores are merged together - Good credit or bad credit is your credit and yours only

§ Myth Number 4:  You don’t need to check your credit if you pay your payments on time - Fact: 80 percent of all credit reports have erroneous information ranging from a wrong birth date to accounts you never applied for

§ Myth Number 5:  All credit reports are the same - False: Most creditors favor other bureaus and report to only one, sometimes two and commonly to all three bureaus, Transunion, Equifax and Experian

§ Myth Number 6:  If you file for bankruptcy,  your score is permanently ruined - Don’t file bankruptcy unless you have no other alternative with your creditors. Bankruptcy is a huge tarnish upon your credit report, however, rebuilding and restoring your credit is the key to better credit scores even with a bankruptcy reporting.

§  Myth Number 7:  Closing your old accounts will boost your credit score - There is no reason to update and close an old account if has not been reported for years, updating old accounts hurts your scores not help your scores.

§ Myth Number 8:  Do it yourself credit repair - Always hire a professional, for whatever financial or real estate concern you have. Never hire a professional that wears too many hats in their summary, (example: realtor, financial planner, insurance agent, etc.  all crammed onto their title page or business card). At least get a recommendation for your real estate and financial needs that specializes with your request.

Commercial Lending and Credit Specialist

first pro capital credit consulting professionals

301 Clematis Street Suite 3000

West Palm Beach FL 33401

Copyright of First Pro Capital Inc. Company logo, photos and business materials used for our blogs are rightfully owned by First Pro Capital. Copyright Infringement is Identity Theft, which is unlawful in any jurisdiction.

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Success means having the courage, the determination, and the will to become the person you believe you were meant to be.


Posted via email from teralmc

Tuesday, July 12, 2011

Do what you can, with what you have, where you are. ~ Theodore Roosevelt


Do What You Can

Do what you can, with what you have, where you are. ~ Theodore Roosevelt

Today's quote packs a punch. It’s inspires us to use the tools and talents that we already have. It encourages us to begin right where we are; no waiting around until or what if's. It calls us to action motivating us to do what we already know we can do.

Most importantly, it puts the responsibility of our success, happiness or wealth with us. Make it a great day.

Just do it!


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 Success means having the courage, the determination, and the will to become the person you believe you were meant to be.



Posted via email from teralmc

Sunday, July 10, 2011

Don't Forget the Locks

One Last Change: the Locks

Thanks to Jennifer with WIN Inspections for reblogging I found this all important reminder from Richard Weisser about changing the locks on your new home.


Via Richard Weisser Coweta Fayette Real Estate:


A suggestion for new homeowners: Change the locks ASAP!Whether you buy a brand new home, a decades old resale, or a foreclosed property, the first thing that any new homeowner should do after settlement is change the locks.

Many new homes have a master system, and untold numbers of contractors may have been issued keys. Over the years, a resale owner may have given many keys away to friends, neighbors, or relatives. And of course, nearly EVERYONE has keys to REO properties.

There is no way of knowing who has keys and if their intentions are malicious, but locksets are relatively inexpensive and the fix is an easy one.

And for peace of mind and a good “first-night” sleep it should be done as soon as possible.


All content, including text, original art, photographs and images, is the exclusive property of Coweta Fayette Real Estate, Inc., and may not be used without the expressed written permission of Coweta Fayette Real Estate Better Homes and Gardens Metro Brokers, Newnan Georgia. All information is believed to be accurate but is not warranted, Copyright 2003-2009. Richard Weisser REOS, E-Pro. licensed Auctioneer. 770-827-6225.

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Success means having the courage, the determination, and the will to become the person you believe you were meant to be.


 Originally posted at: Plano Homes & Real Estate: One Last Change: the Locks



Posted via email from teralmc

Monday, July 4, 2011

Maxwell Creek Murphy TX Yard of the Month

Yard of the Month ~

Yard of the Month ~ Murphy TX
Maxwell Creek Murphy TX


Yard of the Month in Maxwell Creek

There are several options for finding a new home in Maxwell Creek including new construction. Let’s talk if you are looking for a home to buy in Murphy TX.

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 Success means having the courage, the determination, and the will to become the person you believe you were meant to be.



 Originally posted at: Plano Homes & Real Estate: Yard of the Month ~ Speechless Sunday



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Posted via email from teralmc

Saturday, July 2, 2011

610 Candlewood Trail Murphy Open House Sunday

First Sunday Open House 610 Candlewood Murphy

First Sunday Murphy Open Houses
Open House 610 Candlewood, Murphy TX

It’s that time again! First Sunday and for the members of MRC, Murphy Realty Connection that means it’s time to open your houses. Although July’s first Sunday falls on a holiday weekend there will be MRC members hosting open houses on Sunday, July 3rd from 2 pm until 4 pm.

I will be hosting 610 Candlewood in the Maxwell Creek neighborhood. House was built by Colonnade Homes in 2001. Features include 4 bedrooms with a split floor plan and 2 full baths. It is a one story house with lots of space and amenities. It has been well-cared for and shows in its appearance.

The community has a pool, clubhouse, parks and trails. The local elementary is Tibbals  and is in walking distance from the house. There is a neighborhood HOA, Homeowners Association and dues are payable on a semi-annual basis.

Looking for a home in Murphy? Be sure to check out this open house on Candlewood  first Sunday in Murphy.  I’ll be there.

front view of 610 Candlewood Maxwell Creek Murphy TX

  610 Camdlewood Trail, Maxwell Creek, Murphy TX



Maxwell Creek Community Pool with Waterslide

Community Pool with Waterslide Maxwell Creek Murphy Tibbals Elementary Maxwell Creek Murphy TX

  Tibbals Elementary, Maxwell Creek, Murphy TX


610 Candlewood Trail MLS

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 Success means having the courage, the determination, and the will to become the person you believe you were meant to be.




Originally posted at: Plano Homes & Real Estate: First Sunday Open House 610 Candlewood Murphy


Posted via email from teralmc