Have You Outgrown Your Current Home? Here Are Five Easy Ways to Tell if It’s Time to Upgrade??

Your home is your castle, your own little piece of the American dream. But lately, your little corner of the world has been feeling cramped and you find yourself eyeing those larger homes. Is it time to pull up stakes and move on from your starter home?

Growing Family
If you’ve added to your family in recent years, you may have more bodies than bedrooms. A two-bedroom home may have been a great idea when it was just you and your spouse, but with two kids, you’re starting to have turf wars over the play area.

Overflowing With Stuff
From an overflowing toy chest to closets packed so tightly with shoes and coats you risk an avalanche every time you open the door, your home just doesn’t have the space to keep all your things. You may have even had to move some things off-site, spending money to rent storage space to keep that antique dresser your grandmother left you or the set of state spoons you carefully collected during your college years.

No Rest For The Weary
You’d love to spend an afternoon soaking in the tub, but before the warmth of the water can take you away, there’s a banging on the door of the only bathroom in the house and a chorus of “hurry up!” invading your quiet time. And the man cave you dreamed of? Those visions of a big screen television were shattered by the realization you needed somewhere for the kids to sleep.

No Room For Extras
When you first moved in, the two-car garage doubled as your woodworking shop. Now, the equipment has been sent to storage to make room for the family’s second car. You’d love to take up organic gardening, but your tiny yard barely has room for a grill and a lawn chair. You’d love to host your friends visiting from out of state, but there is hardly room for their luggage, much less them.

Changes In Career
You may have opted for a starter home when you first entered the market because you had a smaller income. Now, thanks to changes in careers or promotions at work, you can afford a home with greater square footage and room for your growing family that will provide the space you need for many years of happy memories.

Home prices across the country are starting to rise. Contact your local real estate agent today and take advantage of the opportunity to give your family the most space at the best price now.

AAEAAQAAAAAAAAYcAAAAJDBmYTBjM2YzLWExNjItNGI5Yy04NmJhLTBlNTViYmVkNDU2MA.jpg

 

Advertisements

Happy Father’s Day! Here’s some DIY tips for all the Dad’s out there!

DIY for the GarageDIY

DIY for the Front/Backyard

C0799795_2.jpg

 

ENJOY!! 🙂

Why Buying a New Home Grows Your Wealth Faster Than Renting…$$$

There can be many downsides to both renting and buying, depending on what side of the coin you are on, but if you’re leaning towards purchasing a home it can have added benefits for your bank account that renting does not. While renting can certainly alleviate many of the costs that go along with property ownership, here’s why purchasing a home can have positive monetary affects in the long run.

The Good Impacts of Inflation

While inflation is often seen as a dirty word, a real estate purchase can see the positive side of inflation with how your home purchase investment will grow over the years. Putting money into rent will mean that money is gone and out the window once you’ve paid for the month, but investing into a property will come back to you in future gains that are made in the real estate market. While buying a home will be more expensive in the short term, it can also provide you with greater financial flexibility and equity in the future.

 

Renovations Will Increase Home Value

 While changing up the bathroom or the paint on the wall in your apartment isn’t going to add any extra lining to your wallet when you move out, making upgrades to a home that you own will have the very opposite effect! Renovations can certainly be unpopular while they’re taking place, but no matter how small or large, they can mean an easier sell and a higher profit when the home finally goes on the market.

 

The Opportunity For Rental Property

 An apartment you rent won’t offer opportunity for investment if you’re away from your home for an extended period of time, but a home you own may serve as an ideal investment property at some point in the future. With the success of Airbnb and unique modern housing needs that may only require a home rental for a short period of time, being able to use your house as a rental property can be a significant boon for earning money you would have otherwise been without.

 

Buying a home can require a lot of number crunching in the beginning that rent does not, but it can also provide significant financial benefits down the road that might not exist without such a purchase. If you’re considering purchasing a home in the near future, you may want to contact your local real estate professional for more information.

welcome_family_wealth_managementB.jpg

4 Must-Know Tips for Buying, Selling in 2016

What do buyers and sellers need to know to be smart about the housing market in 2016?

fe63ac89f4d7336c7dbda96dd47669de

Realtor.com® released “Top Tips for Home Buyers and Sellers in 2016” to help guide house-hunters and home sellers on what’s most important for buying and selling a home this year. Here’s what they had to say.

Top Tips for Buyers in 2016

  1. Don’t wait. More than 85 % of buyers who say they plan to buy a home in the next year say they will wait until the spring or summer of 2016, shows a recent realtor.com® survey. But buyers who start their hunt early will likely face less competition and have just as many homes for-sale to consider.
  2. Shop around for a mortgage. Buyers shouldn’t take the first rate-quote they receive and should talk to more than one lender. A lower interest rate could equate to thousands in savings over the life of the loan. Mortgage rates are largely expected to rise over this year. Realtor.com® is predicting mortgage rates to reach 4.65 % by the end of this year (they’re currently just under 4 percent).
  3. Don’t discount buying new. New-home construction is expected to surge this year, with an expected 16 percent increase in new home sales year-over-year. Buying new most likely means less competition and a wider selection of homes.
  4. Don’t underestimate the value of hiring a GREAT Broker or Agent to represent you!

Top Tips for Sellers in 2016

  1. List during prime-buying season. Realtor.com®’s data shows that the prime home buying season usually begins in April and reaches a peak in June. “Sellers who list their home during the prime spring and summer months benefit from a larger population of buyers and potential bidding wars, which often result in higher prices and faster closings,” according to realtor.com®’s report.
  2. Price to sell. Home prices nationwide are expected to rise 3 percent year-over-year. Home sellers would be wise to take their local REALTOR®’s advice to price their home adequately for the market and based on comparables.
  3. Consider an incentive. Is there something extra a seller could throw in to entice buyers? Sellers who are open to negotiate beyond just price may find more success in hooking a buyer. Thirty-seven percent of all sellers offered some type of an incentive last year.
  4. Sell in California. The Golden State is being singled out as having the most markets that will likely tilt in sellers’ favor this year. Job growth, rising home prices, and limited inventories are boosting housing markets in the state!

Source: Move Inc.

Spanish Charmer in Pasadena! Open House Sat & Sun 2-5pm!

Beautifully Upgraded Spanish Revival!

1350 Atchison Street, Pasadena, CA 91104

COME SEE FOR YOURSELF @ OPEN HOUSE

SAT & SUN 2-5PM

Bedrooms: 2 +DR/Office+Enclosed Patio | Bathrooms: 2 Full
1,587 sq. ft. on 0.116 acres | Year Built: 1926 | Remodeled in 2014

Beautifully Remodeled Spanish Revival in Pasadena’s Historic Highlands District!

Living room-Edit.jpg

Features include: enclosed patio, gleaming white oak hardwood floors, imported Saltillo tiles, high 11 ft+ ceilings with exposed beams, period sconces, antique crystal doorknobs, Ernest Bachelder tiled fireplace, French doors and windows.

Enjoy serene mountain views from the large picturesque bay window in the living room. The light filled office/dining room is spacious and opens to a newly screened covered patio, ideal for entertaining. Kitchen and adjoining breakfast room are beautifully updated with granite counters, imported Saltillo terracotta ceramic tiles, custom cabinetry, stainless steel appliances and recessed lighting. Both bedrooms are very spacious!     A MUST SEE!

Offered at: $798,000

Storybook Spanish Open House Sat & Sun 2-5pm!

OPEN HOUSE SAT & SUN 2-5PM
1350 Atchison Street | Pasadena | 91104

Beautifully Upgraded Historic Highland’s Spanish Revival!

Virtual Tour

 

Beds: Very Large 2 + DR/Office+Enclosed Patio

Baths: 2

1,587 sq. ft. on 0.116 AC

2 Car Garage

Year Built: 1926

Remodeled: 2014

Price: $798,000

  • Great Flowing Open Floor Plan!
  • 11 ft+ Ceilings w/ Exposed Beams
  • Newly Painted
  • Flooring: White Oak Hardwood & Imported Saltillo Terracotta Ceramic Tile
  • Ernest Bachelder fireplace. Antique sconces & crystal doorknobs
  • Updated Kitchen & Bathrooms
  • French.Windows.&.Doors
  • Ample Storage: Walk-in+Basement+Attic
  • Herb Garden+ Citrus Trees!
  • Mountain.Views!
Silvia Portugal-Singh
Broker Associate
CalBRE# 01970434
Broker@Silvia-Sells.com
(562) 577-9953 / (626) 685-1113
www.Silvia-Sells.com
Visit me on FacebookVisit me on TwitterVisit me on LinkedInVisit me on InstagramVisit me on Pinterest
Facebook Share Tweet Linkedin Share Forward
540 S. Lake Ave. Pasadena, CA 91101
© 2016 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Information not verified or guaranteed. If your property is currently listed with a Broker, this is not intended as a solicitation. Equal Housing Opportunity.

JUST SOLD in just 10 days!

931 E. WALNUT AVE. #212 | PASADENA

IS-15zdyg1cyxie5.jpg

This newly built condominium, walking distance to Old Town, shopping & restaurants had

MULTIPLE OFFERS!

 My Buyers beat the competition, again!

Sellers: How does this sales price impact the value of your home?

Buyers: Tired of losing out in a Multiple Offer situation?

CALL ME TODAY!

Put my 3 generations of experience & resources to work for you!

Bedrooms: 1+Den| Bathrooms: 1.5 | 1,126 sq. ft. | Year Built: 2007