When it comes to building and customizing your dream home, it’s easy to get caught up in exciting ideas and trends. However, not all choices are created equal, especially when it comes to landscaping. One seemingly harmless decision, like planting a multitude of fruit trees, can lead to unexpected challenges down the road. In this blog post, we’ll explore some common landscaping mistakes that can negatively impact your home’s resale value and provide insights on how to avoid them.

The Fruit Tree Fiasco: A Sour Surprise

Picture this: a picturesque backyard adorned with vibrant fruit trees, a paradise for anyone with a green thumb. However, before you embark on an orchard adventure, consider the long-term implications. While fruit trees may seem charming initially, they can become a burden over time.

1. The Messy Reality:

As fruit trees mature, they bear fruit – and lots of it. What starts as a picturesque scene can quickly turn into a mess of fallen fruit. This can become a nuisance, especially if you’re away during peak fruiting season. Imagine returning from a summer vacation to a yard covered in fallen fruit, requiring extra time, effort, and potentially hiring someone to clean up.

2. Neighborly Concerns:

While it might seem neighborly to have fruit trees that overhang your property line, it’s important to consider your neighbors’ perspective. Overgrown trees can encroach on neighboring yards, potentially leading to conflicts over falling fruit, potential damage, and even disputes about boundaries.

3. Space and Scale:

In the excitement of landscaping, it’s easy to underestimate the eventual size of trees. Fruit trees can grow much larger than expected, leading to overcrowding and overshadowing of your yard. Proper spacing is essential to avoid a cramped and cluttered appearance, especially in smaller yards where space is limited.

A Wiser Alternative: Choosing Prudent Landscaping

To enhance your home’s appeal without compromising your future resale value, here are a few alternatives to consider:

1. Ornamental Trees:

Opt for smaller, ornamental trees that provide beauty without the excessive fruit production. These trees are generally easier to maintain and won’t create the same mess as fruit-bearing trees.

2. Well-Planned Design:

Consult with a professional landscaper to design a yard that is both visually appealing and functional. Proper spacing, balanced plant selection, and a thoughtful layout can make a significant difference in your home’s curb appeal.

3. Low-Maintenance Landscaping:

Consider drought-resistant plants and landscaping features that require minimal maintenance. A well-maintained yard is more likely to attract potential buyers.

 

While the allure of a backyard orchard might be tempting, it’s crucial to weigh the long-term consequences. Landscaping choices can greatly impact your home’s resale value, so it’s essential to strike a balance between aesthetics and practicality. By avoiding the fruit tree fiasco and making informed landscaping decisions, you’ll ensure that your home remains a valuable asset for years to come. Remember, a well-thought-out landscape not only enhances your living experience but also contributes positively to your property’s market appeal.

For more Real Estate advices, contact us @ SHEA PREFERRED REALTY

 

 

It’s hard to believe that August is already here!

Get your home ready for the new month ahead with this homeowner checklist!

Staying on top of your monthly cleaning will only save you time and stress when it comes to listing your home down the line.

1. CLEAN AND STORE SUMMER ESSENTIALS
2. CLEAN BATHROOM VENT FAN
3. CLEAN REFRIGERATOR COILS
4. CLEAN CARPETS + FLOORS TO GET RID OF SAND / DIRT
5. ORGANIZE THE GARAGE AND ADD SHELVING
6. CLEAN THE GUTTERS
7. PREP CLOSETS FOR FALL WARDROBES
8. GET CHAIR COVERS AND OUTDOOR STORAGE READY
9. CHOP WOOD FOR FALL BONFIRES
10. CLEAN OUT THE SUMMER SHOE SHELF
11. RUN SPRINKLERS TO KEEP THE YARD GREEN
12. CHECK EMERGENCY KITS – REFILL FIRST AID SUPPLIES
13. SHOP FOR BACK TO SCHOOL SUPPLIES

Follow along for more real estate knowledge and homeowner tips ! @ SHEA PREFERRED REALTY

 

Congratulations on taking the first steps toward owning your dream home by applying for a mortgage! It’s an exciting time, but it’s crucial to tread carefully during this critical phase to ensure a smooth and successful home-buying journey. To maximize your chances of mortgage approval and secure your dream home without any hiccups, it’s essential to avoid a few common pitfalls. In this blog post, we’ll discuss the top three things you should avoid doing while applying for a mortgage.

1. Avoid Making Major Purchases

When you’re on the cusp of homeownership, it’s only natural to feel the urge to furnish your future home with all the things you’ve been dreaming of. However, it’s vital to resist the temptation to splurge on big-ticket items before your mortgage is approved. Making significant purchases like a new couch or appliances can impact your debt-to-income ratio.

Lenders carefully assess your financial situation, and your debt-to-income ratio is a crucial factor in determining your mortgage eligibility. Adding more debt can tip the scales unfavorably and jeopardize your mortgage approval. To avoid any complications, it’s best to hold off on major purchases until after you’ve settled into your new home.

2. Steer Clear of Employment Changes

Stability is key when applying for a mortgage, and this applies not only to your financial situation but also to your employment. Avoid changing jobs or quitting your current one during the mortgage process. Lenders prefer borrowers with a steady employment history, as it reflects financial reliability and the ability to meet mortgage payments.

Switching jobs or becoming unemployed can raise a red flag for lenders, as it introduces uncertainty into your financial picture. If you receive a job offer during this time, consider postponing your decision until after your mortgage is secured. The stability of your current employment can significantly influence the approval process and the terms of your mortgage.

3. Steer Clear of Opening New Lines of Credit

Maintaining a healthy credit score is paramount when applying for a mortgage. Any new credit inquiries or additional debt can negatively impact your credit score and your debt-to-income ratio. Avoid applying for new credit cards or loans during this critical time, as it can lead to increased risk and lower chances of mortgage approval.

Keep your financial profile as steady as possible until you’ve secured your mortgage. This means resisting any urge to open new lines of credit or take on additional debt, no matter how attractive the offers may seem. A strong credit profile will help you qualify for better mortgage terms and interest rates, ultimately saving you money in the long run.

The process of applying for a mortgage can be overwhelming, but with careful planning and avoiding these common pitfalls, you can increase your chances of securing your dream home without unnecessary stress. Remember to resist the urge to make major purchases, maintain stability in your employment, and avoid opening new lines of credit. By adhering to these tips, you’ll be well on your way to turning your homeownership dreams into reality.

For more Real Estate advices, message us! @SHEA PREFERRED REALTY GROUP

In today’s real estate market, where supply and demand dynamics have been through wild fluctuations, there is something critical that sellers need to understand: pricing your home correctly from the start is paramount to a successful sale. Despite having a stunningly beautiful home, expertly staged, and showcasing perfect listing photos, an overpriced property can quickly become an epic fail. Let’s delve into the importance of pricing your home right, understanding buyer behavior in the current market, and how data-driven decisions can lead to a successful sale.

1. 1. The Power of First Impressions:

In the competitive real estate landscape, first impressions matter more than ever. As potential buyers scroll through countless listings online, your home’s price is one of the first things they’ll notice. An overpriced home may deter buyers from even considering it, assuming it’s out of their budget or not worth the investment. On the other hand, a well-priced home can attract immediate interest, generating more inquiries and potential offers.

2. Buyer Behavior in Today’s Market:

The real estate market has experienced significant fluctuations in recent years, with 2021 and 2022 being particularly tumultuous. Many buyers went through the ordeal of overbidding and paying top dollar for properties, resulting in market fatigue. With rising interest rates adding to the hesitation, today’s buyers are more cautious and value-conscious. They are more likely to research and compare prices before making an offer, and an inflated listing price can easily turn them away.

3. Trusting the Data:

In an age of easily accessible information, accurate data plays a crucial role in setting the right price for your home. Relying on a Realtor who tells you your home is worth more might be tempting, but it’s essential to cross-check the data available to ensure your home is priced competitively. Online valuation tools, recent comparable sales in your area, and market trends are valuable resources in determining your home’s true market value.

4. The Advantages of Pricing Right:

Pricing your home competitively from the beginning offers several advantages. Firstly, it generates immediate interest from potential buyers, increasing foot traffic and attracting more offers. Secondly, a well-priced home spends less time on the market, reducing the likelihood of becoming stale or attracting low-ball offers. Moreover, pricing correctly can lead to a smoother negotiation process, as buyers perceive the seller as reasonable and open to discussion.

5. The Risks of Overpricing:

Overpricing your home can lead to a series of unfavorable consequences. Your property may sit on the market for an extended period, making buyers question its desirability. Furthermore, over time, you might be forced to reduce the price, which could signal desperation to buyers, potentially leading to further low offers. Lastly, an overpriced home might cause appraisal issues if the value doesn’t align with the agreed-upon price in the sales contract.

 

In today’s real estate market, pricing your home accurately from the start is an art that can significantly impact the success of your sale. While a beautiful home and enticing staging are crucial elements, a well-researched and competitive price will attract potential buyers and set the stage for a smooth selling process. By understanding buyer behavior, trusting in data-driven decisions, and avoiding the pitfalls of overpricing, sellers can maximize their chances of a successful sale in today’s competitive market.

 

If you have questions or you are selling your home, message us anytime ????

@ SHEA PREFERRED REALTY 

Here’s our YouTube video:

Downsizing is a popular choice for homeowners when they retire or when their needs change, but with inflation still high, it’s also a way to reduce costs! 

If you’re thinking of downsizing, ask yourself:

• DO I REALLY WANT ALL THE SPACE I HAVE RIGHT NOW?
• HAVE MY NEEDS CHANGED SINCE I BOUGHT MY CURRENT HOME?
• DO I WANT TO MOVE SO I CAN TRY TO SAVE ON HOUSING EXPENSES?

Downsizing could help cut down on your expenses:

If you downsize, you may have lower energy costs and fewer maintenance needs. According to Realtor.com, a smaller home typically means lower bills and less upkeep. Then there’s the potential windfall that comes from selling your larger home and buying something smaller.

Your equity can fuel your next move:

The equity you built up in your current house can help. It may be enough to pay for some (if not all) of your downpayment!

Did you know that the average amount of homeowner equity is $274,000!!!

The “Nonsoon” (no monsoon) in East Valley Arizona ended when a Dust Storm formed on July 17, 2023. Queen Creek, Arizona, recently experienced a powerful and awe-inspiring dust storm, also known as a “haboob.” While these natural phenomena can create captivating visuals, they also bring potential risks and challenges to families and homes in the affected areas. Let’s delve into the recent dust storm and provide essential tips to stay safe and protect your property during such weather events.

 

 

 

1. Understanding the Recent Dust Storm:

The recent dust storm in Queen Creek emerged from strong thunderstorms, resulting in intense winds carrying massive amounts of dust and debris across the region. These haboobs can drastically reduce visibility, making driving hazardous and causing potential damage to homes.

2. Ensuring Family Safety:

a. Stay Informed: Stay updated with weather forecasts and advisories issued by local authorities. Be prepared to take necessary actions to safeguard your family.

b. Create a Family Emergency Plan: Establish a clear emergency plan with your family, identifying safe areas within your home and evacuation routes if needed.

c. Protecting Indoor Air Quality: During a dust storm, it’s crucial to keep doors and windows closed to prevent dust from entering your home. Use air purifiers and masks if necessary to maintain indoor air quality.

3. Safeguarding Your Home:

a. Secure Loose Objects: Before the dust storm arrives, secure any loose outdoor objects like patio furniture, umbrellas, and toys to prevent them from becoming hazardous projectiles.

b. Reinforce Doors and Windows: Ensure that your doors and windows are properly sealed and reinforced to withstand strong winds and prevent dust infiltration.

c. Check Roof and Gutters: Inspect your roof and gutters regularly, keeping them free from debris to prevent clogs and potential damage during severe weather events.

4. Cleaning Up After the Dust Storm:

After the dust storm passes, it’s essential to assess any damage to your home and surrounding property. Check for potential roof leaks, damaged windows, and fallen branches or trees. If you encounter significant damage, seek professional assistance to ensure thorough repairs and safety.

 

While dust storms can be both mesmerizing and dangerous, being prepared and taking precautionary measures can help protect your family and home during such weather events. 

@Shea Preferred Realty Group

Sources: Fox10Phoenix

As we approach the summer season, it’s common for many to assume that real estate activity slows down. However, seasoned professionals in the industry know that this is far from the truth. In fact, the summer months can often witness a robust resale market, catching many by surprise. In this blog post, we’ll explore the reasons behind this trend, debunk common misconceptions, and shed light on the unique dynamics of the summertime real estate market.

 

1. Breaking the Myth of Peak Seasons: While it’s true that January through April typically experiences high real estate activity, it doesn’t mean that summer is a dormant period. Contrary to popular belief, the warmer months bring about a strong resale market. Why? Because serious buyers emerge during the summer, undeterred by the heat and eager to find their dream home.
2. The Seriousness of Summertime Buyers: Unlike those who casually explore open houses during the peak season, buyers in the summer exhibit a higher level of commitment. When temperatures soar, only the most dedicated individuals embark on the home-buying journey. This means that sellers encounter motivated buyers who are focused on finding the right property rather than simply seeking a refreshing drink and snacks.
3. Unveiling the Statistics: The numbers speak for themselves. It’s not uncommon to find that more homes are sold in July than during the entire summer season. This trend has been observed consistently over the years, defying conventional wisdom and challenging the notion that summer is a slow period for real estate.
4. The Advantage of Limited Competition: Due to the misconception that summer is a slow period, some sellers choose to postpone listing their homes until the peak season. This creates an opportunity for savvy sellers who recognize the benefits of selling during the summer. With fewer properties on the market, they face less competition and can potentially attract motivated buyers more easily.
5. Capitalizing on Buyer Readiness: Summertime buyers often have a sense of urgency, driven by factors such as relocation, job changes, or life events. Sellers who understand this motivation can tailor their marketing strategies to attract these serious buyers effectively. By highlighting key features, emphasizing the potential for outdoor activities, and staging the home to showcase its best attributes, sellers can capture the attention of buyers eager to make a move.
6. Utilizing Digital Channels for Maximum Exposure: To tap into the summer resale market, sellers and real estate professionals must leverage the power of digital marketing. With more people searching for properties online, it’s essential to have a strong online presence. Utilize high-quality photos, engaging property descriptions, and strategic search engine optimization (SEO) techniques to ensure maximum visibility and attract motivated buyers.

As we navigate the summer season, it’s crucial to debunk the myth that real estate activity slows down. The summertime resale market brings forth serious buyers, driven by their determination to find the perfect home. By understanding the unique dynamics of this period, sellers and real estate professionals can capitalize on the opportunities that arise.

 

So, if you’re considering selling your home during the summer, rest assured that you can tap into a robust market filled with motivated buyers ready to make a move. For better home-selling experience, message us!

Monsoon season has officially begun, which means heavy rains and high winds are on the horizon. Before the storm season kicks into high gear, it’s important to prepare your property to minimize potential risks and ensure proper water management. Follow these guidelines to safeguard your property and contribute to Arizona sustainable water practices.

1. Identify the drainage style for your property:

Understanding your property’s drainage style is crucial for effective water management. Determine whether you have a self-retention or U-drain lot. This knowledge will help you plan structures and walls without obstructing the natural flow of water. Seek professional guidance if you’re unsure about your property’s drainage style.

2. Create a dry creek bed:

Constructing a dry creek bed, also known as an arroyo, helps control water flow during heavy rains. By digging a shallow trench and filling it with rocks or stones, you can guide rainwater safely through your property without causing soil erosion. Enhance your landscape by planting shrubs and plants along the arroyo, creating an attractive focal point.

3. Use the right plants:

Choose desert-adapted plants that absorb ground water effectively. Perennials, shrubs, and cacti are great options for absorbing rainwater. If feasible, consider incorporating saguaros into your landscape as they can extend their roots to seek out water. Minimize water consumption by opting for these plants instead of maintaining a grass lawn.

4. Check your irrigation system:

During monsoon season, adjust your irrigation system to account for the increased rainfall. Cut back on water usage by aligning irrigation schedules with the forecasted rain events. By doing so, you’ll save water and reduce your water bill. Take advantage of timers and settings in your irrigation system to optimize its efficiency.

5. Install and clear out gutters:

If your home lacks gutters, consider installing them to direct water flow during storms. Properly positioned gutters and downspouts will ensure water is directed away from your home’s foundation, preventing pooling and potential damage. Regularly inspect and clear out gutters to avoid blockages caused by debris or nesting birds.

” Water Conservation: Harvesting Rainwater “

Active Rainwater Harvesting:

Active rainwater harvesting involves collecting rainwater in containers, tanks, or barrels for later use. Gutters direct rainwater into these containers, which should have screens to keep out debris and pests. Consider using a first flush device for cleaner water. Underground storage tanks can also be utilized, requiring a pump to bring water to the surface for use in irrigation systems or water features.

Passive Rainwater Harvesting:

Passive harvesting focuses on shaping the landscape to slow water flow and promote infiltration into the soil. Features such as berms, basins, contours, and swales help retain rainwater, ensuring it benefits your landscape and reduces runoff. This technique supports the deep watering needs of desert-adapted plants while conserving water

 

Preparing your home and yard for monsoon season is crucial to safeguarding your property and conserving water. By identifying your property’s drainage style, creating a dry creek bed, using appropriate plants, checking your irrigation system, and installing/clearing out gutters, you can mitigate potential risks and ensure water flows safely. Additionally, consider active and passive rainwater harvesting techniques to conserve water and support sustainable practices. For personalized guidance and professional assistance, consult experts in the field. 

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@SHEAPREFERREDREALTY

SOURCES: Town of Queen Creek Az , Queen Creek Sun Times , Arizona Cooperative Extension

Save this if you’ve started the home search or are considering a move in the future. If you will be obtaining a mortgage – you’ll need it! It’s important to follow these rules as not doing so could have serious financial implications for both you and your future home. 

1. No changes to employment: Stability is key when it comes to securing a mortgage. Avoid changing jobs or making significant changes to your employment situation during the homebuying process.
2. Don’t buy a car: Taking on new debt, such as financing a car, can negatively impact your debt-to-income ratio and affect your mortgage eligibility. Hold off on major purchases until after you’ve closed on your home.
3. Don’t excessively use credit cards: High credit card balances can increase your debt load and affect your credit score. It’s best to keep your credit card usage low and make timely payments.
4. Don’t spend closing funds: As you approach the closing date, it’s crucial to avoid spending the funds you have set aside for closing costs. Keep those funds accessible and ready for the closing process.
5. No furniture on credit: While it may be tempting to furnish your new home before closing, avoid making large furniture purchases on credit. Wait until the mortgage is finalized to avoid any potential issues.
6. Don’t co-sign a loan: Co-signing a loan for someone else can increase your debt obligations and impact your ability to qualify for a mortgage. Refrain from co-signing any loans during the homebuying process.
7. No changing banks: Maintaining consistent banking history helps streamline the mortgage application process. Avoid changing banks or opening new accounts during this time.
8. Don’t omit debts from your loan application: It’s essential to be transparent about your financial situation when applying for a mortgage. Omitting debts or liabilities can lead to complications and potential loan denial.
9. No large bank deposits: Unexplained large deposits in your bank account can raise red flags during the mortgage underwriting process. Be prepared to provide documentation for any significant deposits.
10. No new credit inquiries: Multiple credit inquiries can negatively impact your credit score. Avoid applying for new credit cards or loans while going through the homebuying process.

Remember, following these guidelines will help ensure a smoother homebuying experience and increase your chances of securing the home you desire. Our team is ready to assist you every step of the way, providing expert advice and answering any questions you may have. Connect with us today to make your homeownership dreams a reality! 

Note: When it comes to financial matters and mortgages, it’s always recommended to consult with a professional for personalized guidance.

info@ENCBrokers.com