Tag Archives: Chandler Real Estate Agent

Canadian homebuyers buoy local real estate

Scottsdale Homes for SaleMuch ado has been made of the real estate market in Arizona over the last decade. From good times and “McMansions” to a terrible rock-bottom scenario after the real estate bubble disaster, it has been a long ride.

 

Coming mostly from Alberta and British Columbia, residents from the “Oil capital of North America” fled the cold (as well as housing prices nearly double, per square foot, the prices down here) to escape the winter and relax in the Valley of the Sun.

“Ultimately, end of story, it’s sun and warmth. That’s all there is to it,” said Rick Metcalf, founder of CANAM Realty Group. “If you have cash, you are 50 to 60 years old and you want a vacation home, the cost doesn’t matter.”

He specializes in selling local real estate to Canadian buyers. Metcalf bought his own vacation home in Phoenix some 20 years ago and eventually moved from Edmonton, Alberta, to Arizona permanently.

He said when the market here crashed, Canadians came out of the woodwork — not just vacation buyers but investors as well. He estimates that 90 percent of Canadian owners he manages property for are investors.

“They have a lot of questions just about pools and maintenance,” said Reveille Schaeffer from Arizona Focus Realty, another group that specializes in home sales to Canadians. “A lot of them, they are looking for sun, so they want a south backyard or a west backyard.”

Golf courses, shopping malls and heated pools top the list of demands for northern homebuyers. When the Arizona economy took a nosedive, and convenience services were hardest hit, those who came south with money to spare were able to buy amenities for next to nothing.

“I guess we should be thankful to them for keeping the market going,” said Michael Orr of the W.P. Carey School of Business at Arizona State University.

Orr said fluctuations in the exchange rate have had a decent impact on the number of Canadians buying houses in the state. The rate of Canadian homebuyers in Maricopa County fell from a whopping 6 percent of houses purchased in the county in April 2011 to 1.5 percent in May 2014. Oddly enough, as the market in the Valley has improved, Canadian buying has slowed, and for the same reason, local buying is up.

“They’re pretty price-sensitive,” said Orr. “What they are looking for is not necessarily the same as what local residents would be looking for.”

Korey Stewart, a real estate agent with the Keller Williams Kenny Klaus Team, said locals are often quite happy to have “snowbirds” move into their communities because the houses they buy are often eyesores that they proceed to fix up, uniformly improving the property values of the area.

“Most Canadians that I meet, where they are is a different place in their life from most [people] that you meet,” said Stewart, about how Canadians think they are perceived by locals. “They assume we don’t want them here, especially when the previous owner was foreclosed on.”

To the contrary, he said. “They’ve made a positive impact on the market,” Stewart said. “They pretty much just cleaned up the mess.”

The good news is that Canadian buying is still happening here in the Valley, and looks as though it will continue, even at decreased rates, in the future. Real estate agents encourage continued migration, in some cases even going up to Canada in person to teach seminars on living in Arizona.

“They have always been so incredibly welcoming,” said Schaeffer, who travels to Canada multiple times annually. “We never hardly have to get a hotel room. They are just so easy to be around and sociable and friendly.”

Article courtesy of East Valley Tribune

Chandler Homes – How to Maintain Your Drains

Although you can’t usually see them, arguably the most important feature of your Chandler home is the drains. If they ever stop working, you’ll definitely know about it, that’s for sure. This is why it’s so important that you maintain them in working condition or the consequences can be very frustrating and expensive, to say the least. Fortunately, this doesn’t need to be difficult to do. Below are some easy steps to follow to ensure that your drains keep performing all year round.

Add Hot Water

Baby washes the feet of a drain pipe, Chandler AZ.

In the winter, be sure to run a little hot water down your drains for a few minutes from time to time. This is a great way of keeping them nice and warm so they don’t freeze. Even when the temperature in your home is kept warm, the subterranean pipes may be reaching freezing temperatures without you even knowing it. This is especially important if you’ve been away for a while and the heat wasn’t on.

However, your drains may still be under siege even in the warmer months. For example, if you ever wash out any pots or pans with grease in them, it’s essential that hot water follows next to ensure the grease makes it into the sewer system instead of sticking around to cause a clog.

For best results, just add some vinegar and baking soda to the mix. The combination, plus warm water, will clean out your drain at any time, but it’s especially important that you do this when grease has been involved.

You can check Yelp Chandler for local drainage experts.

Beautiful-Freestanding-Baths-for-Opulent-Bathroom-Design-from-Recor-4

Check Your Bathtub

Although the tub is where we go to get clean, the aftermath can leave drains clogged and in a vulnerable position. This is why you need to regularly check the drain for hair, soap and fluids that may be blocking water.

Of course, much of the problem may be too far down the drain for you to see. That’s why you should once again use water and baking soda to clean the drain out periodically. Then clean the entire area.

When water is draining normally, you shouldn’t be having any issues. Nonetheless, it’s still a good idea to run this routine every now and then.

Stay Away from Harsh Chemicals

The reason we advocate using so many natural ingredients like baking soda and vinegar is because they are not only effective but kind to your drains too. Using store bought chemicals often get the job done, but they also harm the pipes themselves. Over time, this can cause huge problems.

Call in the Professionals

Sometimes, the above solutions simply won’t cut it. If you try them and you’re not seeing results, it’s time to call in the professionals before something really bad happens.

However, it’s also a good idea to call in the professionals from time to time simply to get your plumbing inspecting. This is a great way to catch problems before they ever start.

Although they’re not the most glamorous component of your home, the pipe system is no less important. Follow the above advice to ensure they’re always getting the attention they deserve.

~ Alice Seger Proski ~ (602) 620-2168

Remodeling Your Chandler Home

If you’re thinking of selling your Chandler home, you might be considering remodeling projects that will increase both its value and its curb appeal. It’s a great idea, but it’s important to understand upfront that the kinds of remodeling projects you choose has a larger effect than how much money you spend on them.

Keep Your Eye On The Prize

Homes for Sale in Chandler AZIt’s human nature to use the information that’s right in front of your eyes and disregard facts that aren’t. However, out of sight, out of mind thinking can cost you big if you spend money on remodeling your Chandler home without an eye towards the invisible person in the room: The potential buyer.

If a homeowner splurges on a $50,000 kitchen remodeling project, they have the bill for the work right in front of them. Most can tell you to the penny what every carefully chosen finish, fixture, and appliance cost. That leads to the assumption that if it cost $50,000. it’s worth $50,000 in additional equity in the home. For almost any remodeling project you could undertake for Chandler real estate, that’s not the case. It’s important to know what the return on your investment in remodeling will be before you splurge on elegant and expensive renovations.

The largest mistake you can make when remodeling your Chandler home for sale, is lavishing money and attention on flashy remodeling and redecorations before you address any problems or shortcomings in the basic structure and systems of the house. According to figures compiled by Remodeling Magazine, homeowners will be much less likely to get back an investment in major kitchen remodeling or a bathroom remodel than if you spent the money on basic home maintenance like roofing, siding, painting, and making sure that the mechanical services a house depends upon for comfort and safety are up to date and in good working order.

Remodeling your Chandler home

Buyers Are Planning On Remodeling Anyway

Many potential buyers would be willing to live with outdated finishes and fixtures for a certain period of time after purchase as long as the house itself was in good repair. Over 70 percent of homebuyers who purchase existing homes plan on remodeling projects before they even close the deal on the house, and up to 40 percent did make those improvements within six months of closing on the house. These projects are mostly to fit out a home with the finishes and styles that a particular buyer might favor, not for major repairs of structure and systems that buyers expect to be in good repair when they purchase the house. For example, putting a new roof on a home before selling can increase the sale price by 96.3 percent of its cost. If you spend $25,000 on a kitchen remodel, you may indeed be able to recoup the majority of the cost upon resale, but only after all the other routine maintenance on he house is done. No one will pay you for new granite countertops if the leaky roof is dripping on them.

~ Alice Seger Proski ~ (602) 620-2168

Your Chandler Home Appraiser

The Most Important Person In Your Transaction?

Front yard of a Chandler house

Of course it’s easy to say that a house’s true worth is whatever another person is willing to pay for it. That’s true as far as it goes. However, it’s more likely that your Chandler real estate is worth what a bank appraiser says it’s worth, and not a penny more. The reasons for that aren’t always obvious.

No One Overpays For A House

Imagining your potential buyers is how most sellers think about selling their house. That’s useful, but off-topic for determining the sales price. You have to stage your house to appeal to potential buyers after you’ve determined the sales price. The sales price determines whom to expect among the pool of potential buyers, not the other way around. Chandler homes will sell for what it’s worth no matter who the buyer is. Wealthy people won’t overpay for real estate any more than regular people will.

The Home Appraiser Works For The Bank

The Divine In Me

Here’s where the informed opinion of the Chandler home appraiser comes in. No matter who buys your house, it’s almost certain that they’ll finance the purchase with a conventional mortgage. In order to get that mortgage, your house has to appraise for the sales price. Period. It doesn’t matter how much time and effort you’ve put into the appearance and features of your house if the appraiser doesn’t value them as highly as you do. Since the appraiser works for the bank that will be underwriting the mortgage, not directly for the prospective buyer, even the buyer’s opinion of what your house is worth becomes irrelevant.

I Can Help

I am motivated and skilled and will be immensely useful to you in assessing the value of your house, and then advising you one the best way to prepare and stage your home for a quick sale.  With 15 years experience as a licensed real estate agent, I did a lot of buying and selling of personal residences and rental properties before becoming licensed.

I am a real estate agent that provides a level of service that consistently places me at the top of my field.  I have satisfied many home buyers and sellers throughout the metropolitan Scottsdale and Phoenix area.

Even though REALTOR’s® don’t have direct access to the appraisal that a bank will use to determine a home’s value, the number one factor used by appraisers when determining a home’s value are close comparable recent sales in the Chandler area. That’s information I do have access to, and can use to help you peg the price for your Chandler home as closely to the market as possible.

Underpriced Might Be As Bad As Overpriced

If your Chandler real estate is valued appropriately for the market and staged nicely for the pool of prospective buyers that will view it, you’re likely to receive more than one offer on your home at the same time. That’s not a sign that your home was underpriced. Underpricing your home has the same effect as overpricing does. It makes lenders nervous about lending on the property, and buyers wondering what’s wrong with the property.

Remember, if you get more than one offer on your Chandler home, we will discuss discarding any offers that don’t have solid financing in place, even if they’re higher offers. Only offers that “appraise out” are solid offers. Contact me for a free market analysis and you can also instantly see an approximation of your home value.

~ Alice Seger Proski ~ (602) 620-2168

Chandler Real Estate – Remodeling Your Home

If you’re thinking of selling your Chandler home, you might be considering remodeling projects that will increase both its value and its curb appeal. It’s a great idea, but it’s important to understand upfront that the kinds of remodeling projects you choose has a larger effect than how much money you spend on them.

Keep Your Eye On The Prize

Real Estate in Chandler Arizona
It’s human nature to use the information that’s right in front of your eyes and disregard facts that aren’t. However, out of sight, out of mind thinking can cost you big if you spend money on remodeling your Chandler home without an eye towards the invisible person in the room: The potential buyer.

If a homeowner splurges on a $50,000 kitchen remodeling project, they have the bill for the work right in front of them. Most can tell you to the penny what every carefully chosen finish, fixture, and appliance cost. That leads to the assumption that if it cost $50,000. it’s worth $50,000 in additional equity in the home. For almost any remodeling project you could undertake for Chandler real estate, that’s not the case. It’s important to know what the return on your investment in remodeling will be before you splurge on elegant and expensive renovations.

The largest mistake you can make when remodeling your Chandler home for sale, is lavishing money and attention on flashy remodeling and redecorations before you address any problems or shortcomings in the basic structure and systems of the house. According to figures compiled by Remodeling Magazine, homeowners will be much less likely to get back an investment in major kitchen remodeling or a bathroom remodel than if you spent the money on basic home maintenance like roofing, siding, painting, and making sure that the mechanical services a house depends upon for comfort and safety are up to date and in good working order.

Chandler Real Estate for SaleBuyers Are Planning On Remodeling Anyway

Many potential buyers would be willing to live with outdated finishes and fixtures for a certain period of time after purchase as long as the house itself was in good repair. Over 70 percent of homebuyers who purchase existing homes plan on remodeling projects before they even close the deal on the house, and up to 40 percent did make those improvements within six months of closing on the house. These projects are mostly to fit out a home with the finishes and styles that a particular buyer might favor, not for major repairs of structure and systems that buyers expect to be in good repair when they purchase the house. For example, putting a new roof on a home before selling can increase the sale price by 96.3 percent of its cost. If you spend $25,000 on a kitchen remodel, you may indeed be able to recoup the majority of the cost upon resale, but only after all the other routine maintenance on he house is done. No one will pay you for new granite countertops if the leaky roof is dripping on them.
~ Alice Seger Proski ~ (602) 620-2168

Why Won’t Your Chandler Home Sell?

guitars
Chandler homes
for sale in two words – HOT MARKET! If you’re a seller, you can look forward to many potential buyers as the market continues to pick up steam. But what happens if you list your house for sale and no one comes to see it, or they tour the home but don’t make an offer? Perhaps you’ve already listed your Chandler house for sale, but you haven’t received an offer, and you’re wondering why your house is hanging on the market while everyone else’s disappears from the listings in just a few weeks. Is it time for a new Chandler real estate agent? It’s possible that your agent isn’t doing their job, but it’s more likely that the information you need to sell your house is available right now, and just needs to be analyzed. Why won’t anyone buy your house?

A Steady Stream Of Traffic Without Offers

If you’ve had a lot of potential buyers look at your Chandler home, but haven’t received any offers, that’s not usually a sign that your REALTOR® isn’t doing their job. A steady stream of traffic is one of the most important parts of a REALTOR’s® service, and you’re getting it. I will assure that your home receives a steady stream of traffic and drive local, national and international buyers to your home.

The Real Estate Customer Is Always Right

We ask what buyers are saying when they’re touring your home. While buyers are often reserved about their true opinions of a house they’re touring because they think showing too much enthusiasm for a home will make it harder for them to negotiate a price, they’re generally not shy about pointing out things that bother them. That’s vital information for homeowners, and gives you a chance to address these concerns if you can to increase the appeal of your home. If everyone who tours your house hates the carpet or some other easily remedied cosmetic attribute, change it. If some aspect of the house’s design or the way it sits on its site is lacking, but they’re too major an element to fix, try softening their impact instead. If you’re too close to the street, you can put up a fence or a hedge, or if a room is too small, you can remove clutter to make its seem bigger. We will use the feedback that your home is getting to get buyers interested in making an offer.
~ Alice Seger Proski ~ (602) 620-2168

How To Prepare And Stage Your Chandler Home

Chandler Home for SaleThe Chandler Real Estate market is heating up, and prospects look good for a continued upward trend in the market. Request free online market analysis of your Chandler home. That’s great news after a prolonged down period, but it’s leading some sellers into a false sense of security about their home sale. Because prices for Chandler Real Estate are up, and sales brisk, sellers might be tempted to just call a REALTOR® and slap a For Sale sign out front while they wait for the offers to roll in. That’s a mistake.

Don’t Leave Money On The Table

While it’s great news that your home will likely not languish on the market for months after you list it, if you don’t actively and aggressively market your Chandler home to its full potential, you could miss out on a buyer that’s turned off by the curb appeal of your home, or the appearance of your home in your sale photos. Even if you do sell quickly, you could be leaving a great deal of money on the table by not showcasing your home to its full potential. Don’t sell your home until you’ve prepared and staged it properly.

Talk To Me About Staging

There are numerous shelter shows on cable television that deal with staging properties for sale, some tasteful, some extravagant and wild. They’ll give you a rough idea of what many buyers will expect to see when they view pictures of your house online or when they schedule an appointment to see your Chandler home in person. Even better, please contact me to get up-to-date and local information about what buyers are expecting when they’re looking for houses in Chandler. If your home needs staging, I work with the best Scottsdale Staging Experts and we can discuss options on how best to stage your home.

Less Is More

flip flops on the wall

 

It’s very difficult for a homeowner that’s been living in a home for a long period of time to picture what their house looks like to a stranger. We all accumulate items without even noticing it, and because many items are useful or brighten our day just to look at them, we tend to have a more cluttered look than an open house demands. You’ve got to remember first, last, and always that Less Is More when you’re selling your home. Almost every house needs items removed or hidden to stage a home.

Let’s make a list of things to hide:

• Cars
• Pool equipment
• Children’s toys
• Garden tools
• Trash cans
• Small items from mantels and bookshelves
• Small kitchen appliances and knife blocks
• Family photos
• Magazines and newspapers
• Extra clothing in closets
• Medications
• Remote controls
• All personal grooming products in the bath
• Anything displayed on the refrigerator doors
• Extension cords
• Pets

A Storage Locker Can Save The Day

Many savvy homeowners rent a storage locker while their Chandler house is for sale in order to store as much of their extraneous belongings as they can. Of course you shouldn’t leave anything expensive and portable lying around either, like jewelry, wallets or purses. Please feel free to contact me for a free, no pressure market analysis of your home.  (602) 620-2168
~ Alice Seger Proski ~