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June 2005
Risa's Pieces
Volume 8 Issue 6
REAL ESTATE BLOOPERS

Is landscaping important?

You’ve replaced the light bulbs, scrubbed the floors and touched up the walls in preparation for your open house. If you think you’ve got everything under control, think again. When sellers put their homes on the market, they often make mistakes that can become serious obstacles to a sale. Make sure you don’t fall into any of these traps
1. Not hiring an agent. People who sell by owner (FSBO) may think they’re saving themselves money by going at it alone. But in the long run, if owners let their homes linger on the market for months — or even years in some cases — they are wasting time and losing money.
2. Not recognizing a good offer. You may have heard an agent say, “The first offer is the best offer.” But often, sellers want to hold out for bigger and better. So they pass on the first offer and then, down the road, when the bigger number doesn’t come through, they regret turning down the first one. So the rule of thumb is, if you get an offer and it’s close to or above your minimum sales price, do your best to close the deal.
3. Not leaving your home during a showing. No prospective buyer wants the seller looming over his shoulder or following him around the house. It is much easier for a buyer to imagine living in a place if the current owners aren’t there. Go see a movie, shop or visit friends — do anything but hang around the open house.

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This months joke:

Question:Which is the best hand to write with? Left or Right?


Answer: Neither, it's best to write with a pen.


4 Not deodorizing a home that smells. After living in a home for years, you may not notice subtle (or sometimes not so subtle) smells, whether they’re from pets, smoke or food. Odors tend to cling to carpets, curtains and furniture and once you’ve grown used to them, you think the smell is neutral. This is where a second opinion is critical. Have a trusted friend or neighbor come to your house and tell you if there are any odors. If there are, make sure to eliminate them before your open house.
5. Not making your last mortgage payment before closing.Even if you’re closing on the second day of the month, and your mortgage is due on the first, you must send in your payment. Sometimes sellers erroneously think that they can skip that final payment once they have signed a contract to sell their home. If you skip this last payment, you may incur late fees and missing it may affect your credit history. Don’t worry about losing money for the weeks you’re not living in the house. When the escrow officer or attorney produces the closing documents, the numbers will be calculated based on the payments that have been received by the lender.

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Answer: Landscaping may not be the first thing sellers tend to repair around their homes, but old and sick trees, shrubs and grass can give the impression that the entire property has been poorly maintained.
Take an objective look at the current landscaping and assess whether any of the trees have the potential to cause damage to the foundation or structure.
In general, the following tips may help prevent future headaches when it comes to picking the right green for your garden:
• Consult a landscaping company for layout ideas about your yard.
• Plan your landscaping for both its beauty and functional value.
• Keep accurate records of landscaping and real estate appraisals.
• Take photos of trees and other landscape plants while they are healthy.
• Check to see if your insurance covers damage caused by landscaping.

Have questions? email Risa at questions@risa.net or call her at 1-800-699-4901

Part of my success as a Real Estate Professional comes from referrals. If you have any family, friends or acquaintances that may have real estate needs, please pass my name and number on to them or call me with their name and number. I will be sure to give them the best service possible!

Visit OrlandoBestHomes.com to find homes and view virtual tours

June favorite links:

Father's Day -- History and Traditions

Vacation Spots Bargain travel options even last minute. Hotwire can get you a deal.

June Holidays

Family Crafts

June Planting guide

June events in Orlando

Bizarre June Holidays

Realty Times - EXCELLENT real estate enews

June Cybertips


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