Home prices are up – are you fully covered?

Area home values are on the rise and that’s a good thing for you the homeowner. However make sure that your homeowner’s insurance keeps up with your homes value.

For instance when you bought your home you paid 200k. It’s now worth 400K but you never increased the insurance coverage. So now if there’s an event that affects your home, you’ll only be covered for 200K not 400K.

We recommend that you get a check up on your homeowner’s insurance at least twice a year.

Got a question? Ask away. We’re here to help!

HOA vs. the Governor’s Drought Mandate

Can an HOA (home owners association) fine owners for not keeping their grass green?  No!, says the Governor.

The Governor’s Executive Order from April 25, 2014 explicitly suspended any enforcement and fines from Homeowners Associations that would prohibit water conservation measures. Some HOAs have rules about keeping grass green or a minimum number of days residents must water or similar rules. The key phrase in the Executive Order is ” I order that any provision of the governing document, architectural or landscaping guidelines, or policies of a common interest development will be void and unenforceable to the extent it has the effect of prohibiting compliance with the water-saving measures contained in this directive, or any conservation measure adopted by a public agency or private water company…” The link to the full Executive Order is below and the relevant paragraph is Directive 4, which can be easily found beneath the series of “Whereas,”. http://ca.gov/Drought/topstory/top-story…

Thank you PC for bring this to our attention.

Success Tips for Getting Your Home Sold!

Presentation is everything & can make you $$$

First Impressions

Most buyers form their first impression of your home before they even get out of their cars. This is “curb appeal,” or the view from the curb that tells the buyer how attractive and well-maintained your home is compared to other homes. In a competitive market, it takes more than trimming the hedges and planting a few flowers to create curb appeal.

The exterior of your home must be in pristine condition – freshly painted, cleared of clutter, with no visible repairs needed. A broken step, overgrown bush, or abandoned toys in the yard can spoil the appearance and your buyer’s first impression.

Curb Appeal

Curb appeal is important because it sets the tone for what the buyer is going to see inside. If the buyer likes the exterior, he or she will be predisposed to also like the interior and you’re that much closer to selling your home. To see what needs to be done to sell your home faster and for a higher price, go outside, stand on the curb and try to look at your home the way the buyer will.

Walkways/driveways – Make sure walkways are clear of snow, weeds, or debris. Repair or replace cracked steps or pavers. Driveways should also be clear of vehicles, toys and debris. Park cars in the garage.

Landscaping – Keep your lawn mowed, edged and
watered. Prune dead branches and plants. Weed flower beds and replace leggy, thin landscaping with fresh plants and flowers.

Exterior – Replace loose or damaged roof shingles, clean the gutters, and paint and caulk window trim and doors. Repaint the front door an eye-catching color that complements the rest of the exterior. Replace broken windows.

Entry – Power wash siding, brick, windows, and porches. Paint or replace furniture such as rocking chairs or porch swings. Replace mailboxes, light fixtures, door knobs or any other fixture that looks less than fresh. Put out a welcoming new floormat.

Some parts of your home may require more work than others, but it’s well worth it to get buyers eager to see what’s inside.

2.  On the Inside

Declutter & clean

Kitchen – Take 1/2 of the stuff off the kitchen counter and box it. 

Take 1/2 of the stuff in the cabinets, box it and store it in the garage. 

Bedrooms Take 1/2 of the stuff out of the closets

Place Fabreeze air freshener in wall socket


Bathrooms Place toothpaste, make-up, cleaning products out of sight

Place Fabreeze air freshener in wall socket

Turn on lights – Lots of light everywhere – bulbs in every fixture.  Make it bright.

Help buyers see themselves in the home.  Depersonalize by boxing personal pictures and excess artwork.  Store these strategically in the garage.

Pets – Arrange for pets to stay with friends or relatives during showings and open house events.

Thinking of a Reverse Mortgage?: Think Twice

I have a friend whose mom got a reverse mortgage and is now rethinking that choice. I’ve done some research and here’s what I’ve found:

1. Reverse mortgages may not be a good fit if you plan to leave the home as an inheritance to your children.

2. Reverse mortgages have a higher interest rate than traditional mortgages and may come with unexpected fees.

3. Reverse mortgages may be difficult to get out of.

4. A reverse mortgage could be a good option under the right conditions

5.  A reverse mortgage requires a lot of thought and consideration before making the choice to move ahead with it.

Read more here:

2572 21st Street Sacramento CA 95818
SOLD@fgregoryestates.com
916.800.3726

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