Tag Archives: sheller

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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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!

5 Places to use patterns and 2 places to avoid them

https://i.pinimg.com/736x/09/d2/bc/09d2bcc1425daeab01bd343472e24236.jpg

Some people love them, some people hate them. But there’s always room for a little pattern in your home’s interior décor.

Use patterns

Towels and napkins
Small bits of fun prints can add character to a plain kitchen. Dish towels and cloth napkins are easy to switch out, making it simple to change colors in your kitchen. Don’t be afraid to try floral, stripe or geometric designs and rotate them regularly.

Outdoor furniture cushions
While your patio furniture should be sturdy and timeless, the cushions and pillows can be anything you like. Change them with the season or just because chartreuse is your new favorite color. Bold floral prints and bright colors work well outside.

Throw pillows
Throw pillows can take a living area from “blah” to “wow!” Pair pillows touting small prints with solid pillow partners. If you’re feeling extra edgy, a texture like fur or denim can add another dimension to your living room.

Kitchen backsplash
The backsplash can transform a kitchen. Try a bright, hammered copper or glass tiles to bring light and energy into the space. Have fun with this change by choosing a unique material that can be the room’s focal point.

Curtains
Curtains are a prime place to incorporate large, bold prints. Complement busy patterns in curtains with solid-color accessories in the same shades to avoid making the space look too busy.

Avoid patterns

All four walls
Too much of a print can make a room feel cluttered. Try accenting one wall with a bold pattern, because a room full of prints can be hard to look at and even harder to update.

Couches
A patterned couch is usually best left on the showroom floor. As an investment piece, couches should be more neutral than trendy. Most prints go out of style within two to three years, so don’t let the appeal of your couch expire that quickly.

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

IT’S A GOOD LIFE!!

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

Direct 503.380.9634

Email-    homesforyou@frontier.com

View ALL available houses on my website!

Licensed in the State of Oregon

***I’M ALWAYS HAPPY TO HELP YOU AND YOUR REFERRALS***

Three things to consider before buying a townhome.

townhome3 Points to Consider Before Buying a Townhome

Ready to downsize? Looking for a property that’s maintenance-free? A townhome might be for you. Here are points to consider before buying a townhome.

  • Are you ready to share a wall with a neighbor? This may be an unexpected point to consider, but if you’ve spent most of your homeownership years with a lot of space between your house and the neighbors, it’s something to discuss.
  • What are your outside space expectations? Many townhomes will feature decks, patios and/or small yards, but some will not. Think about how much you spend your leisure time outside, and whether the townhome complex has green space or nearby parks.
  • Do you like the idea of an HOA? Most townhomes will have a homeowners association. For a monthly or annual fee you will receive benefits such as lawn care, a party room or clubhouse, workout center, and monitored security.

Five Star award recipient 2011-2017 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

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

Direct 503.380.9634, Email-homesforyou@frontier.com

See ALL available homes at my website!

Licensed in the State of Oregon

***I’M NEVER TOO BUSY FOR YOU AND YOUR REFERRALS***

Something sweet for this warm weather!

salsa

Strawberry Mango Salsa

3/4 cup diced strawberries
3/4 cup diced mango
1 jalapeño, seeded and minced
2 Tbsp. diced red onion
2 Tbsp. chopped fresh cilantro
2-3 tsp. honey, to taste
Juice of 1 lime

In a large bowl, combine strawberries, mango, jalapeño, onion, cilantro, honey, and lime juice.

Serve immediately with chips or over grilled chicken

If you’re looking for something sweet, call me and I will help you get a sweet deal in real estate!

Five Star award recipient 2011-2017 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

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

Direct 503.380.9634, Email- homesforyou@frontier.com

See ALL available homes at my website!

Licensed in the State of Oregon

***I’M NEVER TOO BUSY FOR YOU AND YOUR REFERRALS***

SALE PENDING!!

Close in Milwaukie 1 level charmer, nestled in a highly desirable Milwaukie neighborhood! This LIGHT AND BRIGHT home has 3 spacious bedroom, 1 1/2 sparkling clean bathrooms, oversized 2 car garage, RV PARKING, extra-large, sunny windows, cozy wood fireplace, classic hardwood floors, jumbo dining area, useful patio, covered patio area, fenced back yard, soothing small pond, working intercom/radio system, RV parking, and remodeled kitchen with gas range top, stainless steel appliances, tasteful subway tile, pantry and eating area. You’re sure to fall in love with the open floor plan and great location! SEE MORE PHOTOS AND INFORMATION ON MY WEBSITE, OR CALL ANYTIME.

Five Star award recipient 2011-2017 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

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

Direct 503.380.9634, Email-homesforyou@frontier.com

See ALL available houses at my website!

Licensed in the State of Oregon

***I’M NEVER TOO BUSY FOR YOU AND YOUR REFERRALS***

Some tips and tricks for you!

outdoor-children-photography

Tips for Outdoor Photography

Memories last longer when caught on camera. Some occasions call for a splurge on a professional photographer. Others just call for a few snapshots to document a fun day at the lake or at a ball game. With a little planning and a digital camera, you can be snapping outdoor shots that will make your Instagram followers envious.

Pay attention to your ISO. The lower the ISO, the less sensitive the camera is to the light. For full sun and no shade, try an ISO of 100. If it’s overcast or you’re in the shade, turn it up to 400. If the sun is setting and you’re losing light, try an ISO of 640-800.

Use the flash. Depending on whether you want your subject back-lit or front-lit, using the flash can improve the results. Turning your flash down creates a more natural-looking shot while a strong flash can make your subject appear harsh. Purposefully under-exposing the background and bursting flash on your subject will create a focal point and enhance the mood of the photo.

Use natural light. Take advantage of the sun by allowing your subject to face the light. About 60 minutes after dawn and before dusk are known as the “golden hour” when light is optimal for shooting.

Check your white balance. Experimenting with the white balance before shooting allows you to color correct before editing. Depending on the light source and weather conditions, your subject may have a blue, orange or yellow hue. Play with these settings to find your desired coloration.

Change the aperture. If you’re shooting landscape photos, you’ll want to work in f/11 through f/22, where the lens is closed tighter. When isolating subjects, you’ll prefer to work with a more shallow depth of field, so set your aperture at f/2.8 or f/4.

Five Star award recipient 2011-2017 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

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

Direct 503.380.9634, Email- homesforyou@frontier.com

See ALL available houses at my website!

Licensed in the State of Oregon

***I’M NEVER TOO BUSY FOR YOU AND YOUR REFERRALS***