I Will Be Homeless

“But if I sell my home now I will be homeless!”

I’m hearing this sentiment a lot these days. Everyone knows the market is unpredictable and many sellers are putting off selling because they worry about finding a replacement property.

But what if I told you I’ve got a couple tricks up my sleeve to ease the transition and stress involved with selling and buying in this uncertain market?

1. Seller Contingency - Once your home goes under contract you have a specific time period to find another home. If you can’t find another house to buy you can get out of your contract.

2. Rent Back - After closing you can rent the home back from the buyers. This is typically calculated to cover their new monthly mortgage payment and can last up to 60 days.

3. Extra Long Closing - Contracts are taking longer than normal anyway because we are experiencing an appraisal backlog but it’s not uncommon for parties to agree to a 90 day extended closing.

All three of these strategies give some much need and valuable time to find your next home so you don’t end up homeless.

Have questions? Leave them in the comments.

5 Costliest Mistakes

The 5 costliest mistakes to avoid when selling your home (watch out for #3).

1. Not approving showings. Lets face it - selling your home can be an inconvenience and inconvenient showings come with the territory.

2. Skipping the cleaning and decluttering. You are used to all your “stuff” but to a buyer a dirty and cluttered home is a major distraction. Clean and cleared surfaces are attractive and give buyers confidence about the quality and value of your home.

3. Overpricing the market. You hired your agent for their professional guidance. If they tell you your home is worth $400,000 don’t insist on listing if for $500,000. That unicorn buyer (the one that will overpay for your home) is not out there.

4. Skipping major repairs and offering a “credit” instead. Carpet credits or painting credits don’t really work. As a rule of thumb if a repair or replacement costs you $1000 the buyer will want $1500 as a credit. Put your best foot forward and you will be rewarded with top dollar for your home.

5. Not listening to the market. If your feedback is consistently the same: price is too high, buyers don’t like the shag carpet or cigarette smell is a turn off. Listen! These are your customers and not adjusting to their feedback is a mistake.

Avoid These Mistakes

The 5 costliest mistakes to avoid when selling your home (watch out for #3).

• Not approving showings. Lets face it - selling your home can be an inconvenience and inconvenient showings come with the territory.

• Skipping the cleaning and decluttering. You are used to all your “stuff” but to a buyer a dirty and cluttered home is a major distraction. Clean and cleared surfaces are attractive and give buyers confidence about the quality and value of your home.

• Overpricing the market. You hired your agent for their professional guidance. If they tell you your home is worth $400,000 don’t insist on listing if for $500,000. That unicorn buyer (the one that will overpay for your home) is not out there.

• Skipping major repairs and offering a “credit” instead. Carpet credits or painting credits don’t really work. As a rule of thumb if a repair or replacement costs you $1000 the buyer will want $1500 as a credit. Put your best foot forward and you will be rewarded with top dollar for your home.

• Not listening to the market. If your feedback is consistently the same: price is too high, buyers don’t like the shag carpet or cigarette smell is a turn off. Listen! These are your customers and not adjusting to their feedback is a mistake.

Being a "Local"

Being a “local” has become a somewhat territorial statement.

“I’m a local so I know better, have priority or get to complain about all the non-locals”.

This is kinda BS in my opinion, after all we are all “locals” of planet earth At least I think so

But there is a situation where being a local is super important.

Your real estate agent.

I often have clients ask me to help them buy or sell in other areas such as Denver or Grand Junction. And while my real estate license is good for the entire state of Colorado, I don’t feel I am providing the best service possible by helping buyers and sellers in areas I don’t know.

If you are not a local you might not know about the large employer that’s about to relocate, or the proposed airport expansion or areas notorious for bad water or shifting soils.

It is so flattering that my clients want to “take me with them” to their new area. And while I cannot be their boots on the ground agent, I’m more than happy to interview agents in other areas and find a great fit - a local who knows their community and can look out for your best interests.

My network of excellent agents is literally worldwide. So if you need any agent in another area, please let me know. It would be my pleasure to assist you.

Serenity Now

Let’s face it, buying a home can be stressful. There’s a lot going on in a short amount of time and big decisions are being made.

But here’s one decision that should be easy - getting a professional home inspection.

Buyers ask me all the time if they should get an inspection and I always answer with a resounding YES.

However, I know that some buyers are capable of doing their own inspections and some want to save a little money and not hire the professional.

I can understand both of these sentiments.

However, if you think of a home inspection like to do insurance, you will see the value. If you could insure a $300,000 house for $600 would you do it? Of course!

A home inspection is your “try before you buy” insurance.

Bring some peace to your home buying experience and go with the professional home inspection.

Fill In The Blank

I wanna buy a house, but.....

Don’t Get Caught!

Did you know that some home owners insurance policies only cover damages to your home within 30 days of you moving out?

I found this out the hard way.

We had moved out of our house and I was checking on it every other day, BUT on the one day I wasn’t there the dishwasher decided to go kaput!

What ensued was the basement filling up with water and doing tons of damage.

I called my insurance company to make a claim and received the bad news; all repairs would be out of pocket!

Sucker punch to the gut!

So what can you do

If you move out of your primary residence make sure you check with your insurance company to find out what will be covered.

In most cases you can get “vacant home” insurance which is more money than a standard policy but much, much cheaper than dealing with a flooded basement.

Please, please, please learn from my mistake and don’t make the same one yourself.

BTW - second homes have different insurance policies that typically fall under different guidelines.

Please reach out if you have questions.

Best Offer

First offer is your best offer.

This is a phrase we hear in real estate and what I have found over 20 years is that often times it’s correct.

When I help sellers price their homes I use other homes that have sold to narrow in on pricing.

Buyers are very savvy and with the help of technology they can do their own research to see what other homes like yours have sold for.

If you get an offer on your home right away that means you priced it right.

In this market, if your home has had very few showings and/or no offers you are likely priced too high.

It’s better to get ahead of the market than chase it down with price reductions.

Do You Want To Buy A House?

So…. How long does it actually take to buy a house?

A week?

A month?

Six months?

And what does the process look like anyway?

Well hopefully this video will answer some of that for you.

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A Story of Patience

A hunk of clay. Soft, malleable and unassuming.

Yet, center that piece of clay on the wheel and with careful movements and patience you can create a masterpiece.

I took pottery in college, this is one of my creations.

It was probably my very favorite class…. ever.

One thing you need to know about pottery - you CANNOT be in a rush. See, if you don’t get the clay centered you have no chance of making anything but a mess.

As a twenty something I didn’t know much about “being present” or “finding inner peace”. But I do know that when I sat at the wheel with the clay swirling between my hands that I went to another place.

I would lose track of time, and the room would go dim and quiet.

Just me and the clay.

Only after many failures do you know the moment the clay is ready to become something else.

Ready to become something that is imagined in your mind and flows from your hands into the clay.

Even if you don’t consider yourself “artsy” or “creative” if you ever have a chance to give pottery a whirl I would so recommend it (pun intended).

But as I said you will have to have patience, something all of us could practice more of.

Teamwork Makes The Dream Work!

Teamwork makes the dream work.

In order to have a great experience when buying a home you need to have a team of superheroes on your side.

• Real estate agent. Someone you trust, who has your back and understands the market and area.

• A rock star lender who understands mountain properties, is easy to communicate with and delivers on time.

• An experienced home inspector who is knowledgeable and takes the time to explain the findings in your inspection report.

• A title company who is responsive, accommodating and precise.

You don’t have to do this alone.

New Pair Of Boots

I was about 12 years old and needed a new pair of boots. My mom was busy so my dad took me shopping.

Now I know some of you dads out there might be good at shopping with your pre-teen daughters. My dad on the other hand embraced the mentality of “what’s the quickest and cheapest” method.

Next thing I know we are pulling up in front of a large discount retailer. We quickly cruised over to the shoe aisle and before I knew it I was walking out the door with a cute but inadequate pair of boots.

Week one went great, lots of compliments and comfort was decent.

By week two the fake leather was peeling off and I had blisters on both heels.

Lesson learned - You get what you pay for

Somethings in life do not benefit from cutting corners on time or money.

Same thing goes for real estate agents. Are there agents out there that will sell your home for a discount? Sure there are, you’ve probably seen the commercials on TV.

But...you get what you pay for. This is likely your most valuable asset, not a time to cut corners and go with the cheapest option. Time to go with the BEST option whatever that might be.

Remember cheap boots make for miserable feet

***Side note - these are not said boots. They didn’t last long enough for a photo op!

SOMETIMES THE TRUTH HURTS

You’ve all seen it. American Idol auditions gone bad. They are cringe-worth at best. I find myself squirming in my seat, its perplexing, strangely fascinating and downright sad.

The worst part is when the families greet the crestfallen contestant with soothing words of comfort. “Oh, sweetie, those judges don’t know a thing. You are the best signer in the world!” This is the part that drives me insane. Why lie to these poor people? They are terrible singers and NEVER should have auditioned for the show.

Telling someone the cold hard truth is sometimes very hard. You don’t want to hurt their feelings, crush their dreams or seem insensitive. But your honesty is sometimes the most important thing they need to hear.

A couple of years ago I met with a very nice family who wanted to sell their home and move out of state. The winters were getting tough for them and they were having some health issues. Selling was a must. I met them at their house and noticed right away this was going to be a tough property. There was stuff everywhere, inside and out. The house was dirty, dark, and falling apart.

They gave me the grand tour and we sat down to talk. I asked them about their goals and timeline for selling their home. They needed to be out of here by September which only gave us 3 months to sell. They were short on time, money and resources to get their home ready for market. They looked at me with hope in their eyes and asked what was next. This was the moment for the cold hard truth.

.When I first started in real estate I probably would have tried to gloss things over and ease the blow. “No, its not that bad, buyers can look past your stuff.” Now I know better.

.People hire me for my professional and honest advice. This family had a tight timeframe and a pressing need to leave the area. So I told them the truth.

That no one would buy their home in its current condition. And because we were dealing with a very tight timeframe they were going to need to price their home much below market value to get it sold quickly. I said all of these things with tenderness and grace, because I very much care about how my words make people feel. At the end of our meeting they thanked me for my encouraging words.. What?? I didn’t think I sounded encouraging at all, but then I recognized it was the honesty and a thoughtful game plan that gave them feelings of encouragement.

.Sometimes the truth hurts, but I believe if you really care for someone you owe them the truth and nothing but.

Do you Believe Your Eyes?

Do you believe your eyes?

I read this book once about a world where Earth was too hostile to live outdoors so humans lived in underground silos. Imagine a skyscraper that goes underground and only one story is above ground.

The level you lived on had to do with your educational achievements and what job you did to keep the silo running. More prestigious jobs were closer to the surface. Most of the people went along with this, what other choice did they have?

But one small group of people started to have questions.

The top level was a type of cafeteria that was all windows. You could see the wind swept and toxic landscape from the safety of the silo.

Every so often someone would have to go outside for a safety mission. They would have to suit up in protective gear with their own air supply. Some of them completed their missions, and others ended in tragedy. Their bodies still laying waste in the wasteland.

Okay, here’s the spoiler alert. DO NOT read anymore if you want to enjoy this book someday

Eventually the main character decides she’s ditching this popcorn stand and steals a protective suit and goes outside.

She can see the bodies laying around her and the hostile landscape but in a moment of shear courage (or stupidity) she removes her helmet.

And low and behold, Earth is just as it should be. She finds herself standing in a field of green grass and the sun is shining on her face.

In the distance she can see other silos, just like the one she’s lived in her whole life.

It was all a trick.

What she was seeing out of the cafeteria windows was not reality.

What she was seeing out of the helmet was a video overlay.

She runs over the top of a hill and finds a small group of other humans living as humans should.

So back to the original question.

Do you believe your eyes?

Do you believe your ears?

Do you believe what you are told?

Do you believe what you read, watch or listen to?

Just because someone says it is so, doesn’t mean it is.

Sadly the truth has become much more elusive than that.

You Did What?!

You did what?!

When I first started in real estate, I was not as experienced as I am now, go figure. And I was not as good as dealing with difficult people.

I had this one seller that got really upset over some inspection items and repairs that were required by the lender. I tried my best to explain that he didn’t have to do the repairs but the buyer would not be able to move forward with the purchase.

In the end the seller took care of the repairs but then did something not very nice or smart.

He let all the propane out of the tank before closing.

In February.

Needless to say, the buyers had a couple of very cold nights before they could get more propane delivered.

I understand that sometimes a real estate sale can feel personal. As a buyer or seller you might feel “beat up” by the other side.

I always encourage my clients to look at the big picture and recognize the home selling period is just a small slice in time.

And as time has gone on, my hope is that I can bring calmness and clarity to any situation, no matter the people or situation.

With gratitude.

First Time Buyer Credits

First time buyer credits are a thing of the past.

Sadly, your lender doesn’t care if you are a first time buyer or buying your 10th home.

But its not all bad news!

If you are a teacher or first responder there are some special loan programs available to you.

Also if you are active duty or a Veteran of the US Military, you likely qualify for a VA loan.

And many buyers qualify for down payment assistance and down payment grants.

A great lender will be able to figure out what programs are best for you.

But please for the love of all that is good in the world, DO NOT, call one of the lenders with the fancy commercials

You know who I am talking about.

They work on volume and not on repeat business. They spend millions of dollars on advertising to sell you one loan.

A local lender, recommended by your real estate agent, care about your experience because they hope you might recommend your friends and neighbors down the road.

Life Isn't Fair

I was 9 years old when I first learned that life isn’t fair.

My third grade teacher, would have a monthly calendar contest. We were tasked with making a creative and colorful calendar on poster board to be displayed as the “official class calendar” for the month.

Oh, this was right up my alley.

I loved coming up with ideas and seeing how many items I could hot glue to a poster board before it could no longer support itself.

Conversation hearts and doilies for February and spring flowers and Lucky Charms cereal for March.

And what better to glue to a calendar in October than the candy corn no one will eat.

Each month, as I poured my heart and soul into my creation, I thought surely my classmates would be awed with wonder and crown me queen of the calendar.

But alas, I never won.

Not a single time.

Now I know this was a long time ago and my memory might be a little foggy but I’m 99.8% sure my calendars were the best, at least some of the time.

But I never won.

And that’s when I was introduced to the “good ole boy (and girl)” system.

Some of these kids had been together since kindergarten! They had history! And I was the new kid in 3rd grade.

It was always the same handful of kids that would win. Were their calendars good? Meh, sometimes, but they had the votes and that’s all that mattered.

One month I had had enough and I campaigned on the playground. Disclaimer: nothing of value was exchanged for votes, but I did present a persuasive argument.

Well that didn’t go over well and ended up with a call to my parents. I wasn’t acting the the “spirit of the contest.”

At the tender age of 9 I realized that the “best girl” doesn’t always win.

It broke my heart. And truth be told, it still does.

Life isn’t fair, we all know this but it doesn’t make it any easier.

But I know there will be an occasion that I can share this story with my girls and they might realize that while life isn’t always fair, there is so much to be grateful for and if we focus on the good nothing can get in the way. 

Pottery and Patience

A hunk of clay. Soft, malleable and unassuming.

Yet, center that piece of clay on the wheel and with careful movements and patience you can create a masterpiece.

I took pottery in college, this is one of my creations.

It was probably my very favorite class…. ever.

One thing you need to know about pottery - you CANNOT be in a rush. See, if you don’t get the clay centered you have no chance of making anything but a mess.

As a twenty something I didn’t know much about “being present” or “finding inner peace”. But I do know that when I sat at the wheel with the clay swirling between my hands that I went to another place.

I would lose track of time, and the room would go dim and quiet.

Just me and the clay.

Only after many failures do you know the moment the clay is ready to become something else.

Ready to become something that is imagined in your mind and flows from your hands into the clay.

Even if you don’t consider yourself “artsy” or “creative” if you ever have a chance to give pottery a whirl I would so recommend it (pun intended).

But as I said you will have to have patience, something all of us could practice more of.

This Quote Has Legs!

This quote has legs!

It keeps changing for me depending on the times, but that figures because it was written by the great Winston Churchill.

Here’s a couple more famous Churchill quotes.

“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.”

“You can always count on Americans to do the right thing, after they’ve tried everything else.”

“If you’re going through hell, keep going.”

Keep the faith

Us Vs. Them

Us vs Them

Black vs White

The haves vs the have nots

Left vs Right

Red vs Blue

Friends, you might not want to hear this but this is what “They” want.

Who is “They” you might ask?

They = The Elites

And by Elites I don’t mean your neighbor who belongs to a county club. I don’t mean your co-worker that just got a brand new car and I don’t mean your cousin that just landed a six figure job out of law school.

The Elites are the ones with THE ULTIMATE POWER.

Our elected and appointed officials of both parties (both past and present), CEO’s of large corporations, large media corporations, big tech, and celebrities of all kinds.

These are the people who are “making all the deals” and running the show. They work under the cover of darkness, behind closed doors and sometimes right in your face

They are THEM. You are US.

And while we are distracted with hating and shaming each other, the deals are getting bigger, dirtier and more costly for the American people.

And the currency to fund these deals:

Your tax dollars

Your relationships

Your family

Your sanity

Your reputation

Your freedom

The Elites are motivated by monetary greed, by fear of exposure for their moral corruption and by their insatiable appetite for more power.

And to pull off their corrupt dealings ALL they ask of the American people is to keep up our entrenched habits of hedonism, busyness, laziness and apathy

We all know to find the TRUTH you must feed from more than one trough. And they count on you not doing that, EVER.

I know people are angry and they are passionate about their point of view. But recognize that anger and passion comes from a fierce love of this country.

There’s a whole lot of judgement, shame, name calling and vilification being dished out on social media, from every angle.

But your friend, neighbor, colleague and family is not your enemy.

Your enemy is “the machine” that wants to wheel and deal at your expense while they whittle away everything you hold most dear.

I’m not going to say we need to “come together”, I think we are still a long ways off from that.

But I will ask you to ponder who you are really fighting.

Don’t let THEM win by walking away from the people and things you love most.

Don’t let THEM convince you it’s acceptable to throw verbal daggers for all the world to see, thrown in hast and randomly at a person who doesn’t see the world the same way you do.

I refuse to give up on this country and I will NOT give up on you, even if we disagree, especially if we disagree.

God Bless you and God Bless these UNITED STATES OF AMERICA.