Category Archives: Uncategorized

A low home appraisal can stall mortgage approval

What happens when a buyer and seller agree on a price, but then the lender’s appraisal comes back lower than the agreed-upon amount? Until the financing is approved, the deal can fall through. This is why you see the words “Contract Pending” on the agent’s yard sign.

Approximately 10 percent of real estate agents report on a monthly basis that a low home appraisal negatively impacted a sale, according to the National Association of Realtors®.

Here are some ways that sellers and buyers can protect themselves from a low appraisal.

Sellers

  • Before you list your property, pay to have an appraisal done. In a seller’s market where some buyers are making offers significantly above the listing price, sellers need to understand how critical the appraisal is to closing the deal.
  • Do your homework and use a qualified appraiser who has a membership designation such as SRA or MAI from the Appraisal Institute.
  • Be sure the appraiser is comparing your home to the latest data about homes just sold or under contract in your area. Also, highlight any improvements to your home or landscaping that may positively affect the selling price.

Buyers

  • Ask your lender to choose one name among 2 or 3 qualified appraisers that you recommend.
  • Meet with the appraiser when the inspection is being done, and ask questions about the process.
  • If you receive a low appraisal, follow up and ask questions. The appraiser or supervisor may have overlooked the newest information.

I anticipate this happening more in the future. For information on pricing your home, or buy strategically to do all possible to prevent appraisal woes, please call, email, or text me to talk more about it.

IT’S A GOOD LIFE!

Five Star award Winner 2011- 2018 honoring the top 7% of real estate professionals in Oregon. 

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES,  Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email-    homesforyou@frontier.com

View a current list of ALL available Houses on the market go to my website

Licensed in the State of Oregon

My business is referral based.
If you’ve enjoyed my service, please refer me!

 

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Home maintenance: your fall to-do list

Regular maintenance on your home gives you peace of mind and keeps your resale value strong. Putting some energy into seasonal and biannual tasks now will set you up well for holiday entertaining.

Here are 9 items to include on your fall to-do list:

Clean the gutters: Clear out any leaves and debris, and ensure your downspouts are draining properly. This will help prevent wood rot, keep away pests and prolong the life of your gutters.

Check smoke/carbon monoxide detectors: It’s recommended to do this each spring and fall, so give them a test and replace batteries if needed.

Inspect and clean the dryer vent: It’s recommended that you have your dryer vent checked once each year. Excessive lint buildup can pose a dangerous threat of fire.

Clean the chimney: Whether you have a wood-burning fireplace or gas logs, hire a professional to inspect and clean your chimney once a year.

Service your HVAC: Call a professional to service your HVAC components to see if everything is running efficiently. Make sure to change your air filter and test your thermostat as well.

Deep clean indoors: Polish wood floors, scrub down cabinets, vacuum hard-to-reach spaces, wipe down the fridge, dust ceiling fans, etc. This will make hosting easier with the busy entertaining season quickly approaching.

Spruce up the yard: Rake leaves, prune back bushes and trim any trees that are getting too close to power lines or the roof. This will promote healthy growth and protect your property from falling branches.

Inspect windows and doors: Check for drafts and re-caulk or add weatherstripping where needed.

Reseed/fertilize the grass: Lawn-and-garden experts recommend fertilizing in the fall and spring, and fall temperatures are ideal for helping cool-season grasses
take root.

I hope this little list helps you prepare for Winter. If you need professional real estate help, please call, email, or text anytime.

IT’S A GOOD LIFE!!

Five Star award Winner 2011-2018 honoring the top 7% of real estate professionals in Oregon. 

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email-    homesforyou@frontier.com

View ALL available Houses on the market on my website

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

To the suburbs and beyond …

portlandoregonmap-rev

While some people prefer to avoid the hustle and bustle of urban living, sometimes suburbs are not rural enough for their lifestyles. They want to live in the “exurbs,” which are farther outside the city than the suburbs.

Some home buyers are seeking several acres of usable land for extensive gardening with room for chickens, goats or horses. The exurbs are often preferred by people who work from home or want a second home or vacation property.

The larger lots in the exurbs allow for more privacy and less crime. However, few exurbs provide sidewalks or jogging trails. And there’s not a Starbucks on every corner. For more information on options for a Suburban move call, email, or test me to start the conversation.

IT’S A GOOD LIFE!

Five Star award Winner 2011- 2018 honoring the top 7% of real estate professionals in Oregon. 

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES,  Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email-    homesforyou@frontier.com

View a current list of ALL available Houses on the market go to my website

Licensed in the State of Oregon

My business is referral based.
If you’ve enjoyed my service, please refer me!

5 Tips to add attractive value to your home

add value to your home

Here are five home improvements that can enhance your own enjoyment, as well as increase your property’s value at resale time, according to HouseLogic.com.

  1. Crown molding. Upgrading to crown molding can make a room feel bigger, taller and more elegant. Wood moldings are available in a variety of styles that can be stained, painted or left natural. Some moldings feature indirect LED soft lighting.
  2. Ceiling fans. Replacing old, unattractive ceiling fans can enhance the entire look of a room. Choose a quality fan with the Energy Star label to get the best cooling results and least amount of noise. A “hugger” ceiling fan that’s flush-mounted is ideal for rooms with a low ceiling height.
  3. A mature tree can add between $1,000-$10,000 to the appraised value of a property. Trees growing along the street in front of a house can increase its resale value by an average of more than $8,500, according to numerous studies of appraisal reports.
  4. Deck or patio. If your property doesn’t have an outdoor living space such as a deck or patio, it’s a sound investment to make. Rebuilding a deck or expanding a patio can also offer a good return.
  5. Landscape lighting. A well-lit exterior can highlight the most attractive features of your property as well as help to deter would-be burglars. In addition, many homeowners insurance policies offer lower rates for motion-sensor lighting systems.

For more information on adding value to your home please call,e mail, or text me to talk more about it.

IT’S A GOOD LIFE!

Five Star award Winner 2011- 2018 honoring the top 7% of real estate professionals in Oregon. 

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES,  Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email-    homesforyou@frontier.com

View a current list of ALL available Houses on the market go to my website

Licensed in the State of Oregon

My business is referral based.
If you’ve enjoyed my service, please refer me!

Typical Commute times to Portland from surrounding Cities

Portland proper is getting more  and more expensive to buy into. We have many surrounding ares that you might be interested in with short commute times into the City.  Portland and suburbs

This map shows the greater Portland Metro Area. It consists of several different cities (suburbs), which are all commutable to downtown Portland. This is a close approximation of travel times. For more information on buying in one of our wonderful Suburbs please call, email, or text me.

Suburb/City Average Non-Commute
Drive Time
Beaverton 12 minutes
Clackamas 18 minutes
Gresham 25 minutes
Happy Valley 15 minutes
Hillsboro 27 minutes
Lake Oswego 16 minutes
Newberg 47 minutes
North Portland 15 minutes
NE Portland 10 minutes
NW Portland 15 minutes
SE Portland 10-20 minutes
Sherwood 27 minutes
Tigard 18 minutes
Tualatin 20 minutes
West Hills 5 Minutes
West Linn 29 minutes
Wilsonville 23 minutes
Camas, Washington 29 minutes
Vancouver, Washington 13 minutes

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2018 honoring the top 7% of real estate professionals in Oregon. 

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES,  Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email-    homesforyou@frontier.com

View a current list of ALL available Houses on the market go to my website

Licensed in the State of Oregon

My business is referral based.
If you’ve enjoyed my service, please refer me!

How to avoid over-improving your property

dont over improve

If you’re getting ready to sell your home, think twice before investing in expensive improvements, such as remodeling the kitchen or putting in a new bath. It’s certainly true that the kitchen and bathrooms are key to selling your house, but also keep in mind that very few home improvements provide a 100 percent return on investment.

The most important factor to consider is how your property compares to those that have recently sold in the area. When you’re trying to sell the most expensive home on the block, it can be difficult to recoup all of your remodeling expenses at resale time.

The best way to decide about remodeling before selling is to consult with me and I’ll do a comparative market analysis. This complimentary information will focus on the amenities and resale prices of comparable properties, so that you can make the best decision about getting your home ready to sell. Call, email, or text me anytime to go over what you should and shouldn’t do to get the top dollar for your home.

IT’S A GOOD LIFE!!

Five Star award Winner 2011-2018 honoring the top 7% of real estate professionals in Oregon. 

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email-    homesforyou@frontier.com

View ALL available Houses on the market on my website

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

 

Spice up your front porch for fall

Fall pghoto

You don’t have to be a farmhouse fanatic to make your home festive this season. Here’s some inspiration for decorating your front porch.

Pumpkin palettes
Instead of orange-everything, choose a pastel color palette with peach, light blue and white pumpkins, or freshen up your porch with lime green, yellow and off-white gourds. For a bold, classy look, forgo the natural colors altogether and spray paint your pumpkins gold and white.

Seasonal plants
Mums are hardy fall flowers that bring a pop of color to your front steps. Marigolds, ornamental kale, snapdragons, and coral bells are also ideal for fall arrangements. For some extra flair, use rustic planters such as bushel baskets, wooden crates, olive buckets, or even hollowed-out pumpkins.

Finishing touches
Add fall-themed throw pillows and a plaid blanket to a porch swing or wooden bench. Intersperse a few candles or lanterns with your pumpkins and fall flowers, and arrange your decorations symmetrically on either side of the steps.

If you don’t have a porch, move your fall display to the front yard and anchor it by using a larger decoration such as a hay bale or red wagon. I hope you found this enjoyable and fun to read.

IT’S A GOOD LIFE!!

Five Star award Winner 2011-2018 honoring the top 7% of real estate professionals in Oregon. 

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email-    homesforyou@frontier.com

View ALL available Houses on the market on my website

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!