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Photo of Kari J. Roehl Real Estate
Kari J. Roehl
THE RIGHT ADDRESS
1700 Great Forest Drive
West Bend WI 53090
Office: 262-338-1999
Fax: 262-247-0622

Circling The Bend With Kari Roehl

Kari J. Roehl of The Right Address

Blog

Displaying blog entries 21-25 of 25

Staging your home to maximize your selling potential

The "newest" marketing tool for selling a home in the current market is, you guessed it, HOME STAGING!

For those of you who don't watch HGTV, Wikipedia describes home staging as:

"Home staging is the act of preparing a private residence prior to going up for sale in the real estate marketplace. The goal of staging is to sell a home quickly, and for the most money possible by attracting the highest amount of potential buyers. Staging focuses on improving a property to make it appeal to the largest number of buyers by transforming it into a welcoming, appealing, and attractive product for sale. Staging often raises the value of a property by way of reducing the home's flaws, depersonalizing, decluttering, cleaning, improving condition items, and landscaping. For vacant homes, rental furniture is used to create a living space the buyer could "see" themselves in. Properly executed staging leads the eye to attractive features while minimizing flaws."

Of course, this is something we've been doing for ages.  However, this last year (2007) I finally took a course to earn a designation in home staging-Certified Home Marketing Specialist- of course, I passed with flying colors!

Statistics show that homes that have been staged sell 50% faster and on average for 6-10% more than un-staged homes.  Home sellers need a competitive edge to make their home stand out.

But where to start?  I will try to give you ideas here and there, stop back and check them out.

First, go outside and stand in the street (watch out for traffic) and take a look at your yard, house and the surrounding area.  Put yourself in the buyers shoes, would you stop and stare, or pass on by?  Are you curious to what is inside or have you already decided that it isn't for you?  Where does your eye go upon first looking at your home?  What architectural features are presented?  Are they accented?  Look at every single detail.  Roof, gutters, eaves, siding, windows, doorknob, doorbell, front door, lighting, shrubbery, grass, trees, basketball hoops, driveway, walkways, railings, fences, etc.  You get the picture...everything has to look welcoming, clean and well cared for.  For example, a flowering potted plant near the door, a clean, dark,  welcome mat, flying the  American flag; all these things say "I am proud of my home and take care of it".

Stay tuned for the next installment.....

This weekend open houses

Hi Folks!

Visit me this Sunday at 1503 Primrose Ln, West Bend, between 11:30 & 1:00pm

or 514 Michigan Ave,West Bend, between 1:30 & 3:00pm.

Hope to see you there!

 

Jeff Seawell Explains about Carbon Monoxide Detectors

by Jeff Seawell, House Detective Home Inspection Services

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Carbon monoxide is an odorless, colorless and toxic gas. Because it is impossible to see, taste or smell the toxic fumes, CO can kill you before you are aware it is in your home. At lower levels of exposure, CO causes mild effects that are often mistaken for the flu. These symptoms include headaches, dizziness, disorientation, nausea and fatigue. At high levels of exposure, it can cause death. 

Carbon Monoxide can come from unvented kerosene and gas space heaters; leaking chimneys and furnaces; back-drafting from furnaces, gas water heaters, wood stoves, and fireplaces; gas stoves; generators and other gasoline powered equipment; automobile exhaust from attached garages; and tobacco smoke.  Worn or poorly adjusted and maintained combustion devices (e.g., boilers, furnaces) can be significant sources, or if the flue is improperly sized, blocked, disconnected, or is leaking. 

CO alarms are designed to detect elevated levels of CO and sound an alarm to alert you and your family of a potential poisoning risk.  Like smoke detectors, CO alarms need to be tested regularly and have the batteries replaced at least once a year.

Randy Grgich of Assured Mortgage Talks about Fed Rate Cuts, etc.

3-20-2008  Randy Grgich
 
Fed rate Cuts and Mortgage Rates
 
This Tuesday  the Federal Reserve cut interest rates by .75 of a percent.  The affect on 30 year fixed interest rates that same day? a rise of .25% on the rate! 
 
The Discount rate generally affects short term borrowing, So charge cards or home equity lines of credit that are tied to the prime rate, are generally going to follow along.  30 year fixed rates are tied to the 10 year bonds, and that index is more affected by the long term picture, and inflation risks.  The lowering of short term rates then may increase the risk of inflation, then the long bonds react negatively, and in turn affect the longer term mortgages.
 
Finally, long term mortgages are currently affected by the spread between the base 10 year Treasury bond and the mark-up or yield on the bond.  that mark-up, is usually about 1.75% to 2.25% over the base rate, but it is currently closer to 2.75%, thus the 15 and 30 year mortgages are about .25 to.50 higher than historically they would be because of this higher markup built in to the price of the mortgages.  
 
Randy Grgich is a local mortgage broker, working for Assured Mortgage Inc, he has over 22 years of experience in mortgage lending and also had 5 years of real estate sales prior to his lending career.  His views are independent of those of The Right Address .

Wednesday in West Bend

Hello West Bend Area  Friends!  This is my first attempt at blogging.  Hopefully, you will find it informative and maybe even a little bit inspiring.  On Sunday, I was at the local Pick n Save picking up our typical Sunday supper (Hot Ham & Rolls) when I was approached by a past customer who asked what almost everyone asks;  "How's the Real Estate Market in West Bend?"  My response was " it's interesting"!  I expect it to be a challenging year for Realtors and we will have to work hard for our clients.   Most people are aware that this softer market has brought a lot of media attention, not all of it correct.   National averages aren't always the same as Local averages.  We have to remember that Washington County has always been a good investment and I expect it to continue to be.

The WRA (Wisconsin Realtors Association) reports that the number of homes sold in Washington County for 2007 was 1483, which is just a bit over what it was in 2003.   2004, 2005 and 2006 were banner years that we can only be thankful for and hope they come again in the future.

Yes, it takes longer to sell a home.  The MLS (Multiple Listing Service) showed an 88 day average time on the market for the 4th quarter of 2007.  Yes, homes aren't appreciating as quickly as they were.  Yes, there are more foreclosures. Yes, there are fewer new home starts.  Yes, some people had poor information or poor judgment about their loans. Yes, there are fewer qualified buyers.   Remember your basic economics; less demand equals less money.  

And for Realtors, it's more time consuming, more demanding and more costly to do business. Like I said, it's interesting!

Displaying blog entries 21-25 of 25

Kari J. Roehl
THE RIGHT ADDRESS
1700 Great Forest Drive
West Bend WI 53090
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Last modified 7/31/2010