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|THINK GREEN: TREES A
BIG PLUS FOR YOUR HOME
The benefits of trees are numerous. They increase property values, sometimes as much as 20 percent according to the National Arbor Day Foundation. On average, trees add between 5 to 7 percent to the value of the property (the U.S. Forest Service says the added value results in an extra $5,000 per lot). The USFS says trees that are placed strategically around buildings can reduce air conditioning needs by 30 percent and can save 20 to 50 percent in energy used to heat a home.
|HOME IS WHERE THE
If it appears that home values represent more and more of your personal wealth, it's likely that you're right. A new study shows that for most of us, real estate is plainly our largest financial asset, an asset which has grown by $1.5 trillion in value during just the past two years. According to the Federal Reserve Board's Flow of Funds, households own over $12 trillion worth of housing and have $6.6 trillion in homeowners' equity. There is close to $90,000 in homeowners' equity in the average house, and the median amount of homeowners' equity per house is estimated at close to $45,000. With the recent collapse in stock prices, housing has once again become the most significant asset in the household balance sheet.
BUYER STRATEGIES IN A SELLER'S MARKET
Buyers can beef up contracts without going over the appraised value of a property including monetary and non-monetary offers. It's not always the sales price alone and bottom line to the seller that brings a contract to the top., Clever strategies in addition to a strong offer such as offering the seller a week's stay at a buyer's beach house, meeting a home seller heart to heart to create that relationship edge, writing a letter to the seller explaining how the home is perfect for the buyer's specific or unusual needs, and the delivery of flowers that match the dining room décor to be delivered at the same time the buyer's agent is conducting the contract presentation are just a few examples of how a buyer can ensure they stand out among simultaneous bids!
|TIPS TO HELP SELL A
1. Remember first impressions, curb appeal is crucial.
|TIPS FOR SHOWING YOUR
HOME IN SUMMER
1. Remember first impressions - curb appeal is crucial.
Real Estate Agents are not functionaries . . . rather
fiduciaries, advice-giving professionals, who can save consumers time
and money while keeping them out of court. We remain the initial point of contact with consumers in the home
buying and selling process.
Source: Realtor Magazine – July and August 2001 – Realty Times – June and July 2001