Tag Archives: #wwwrachelsheller.com

Home-buying affordability rule

The 36 percent rule is a guideline for consumers to help determine how much money they can comfortably spend on monthly debt payments, according to NerdWallet.com. The rule is based on dividing monthly mortgage payments (principal, interest, taxes, and insurance) and other monthly debt (vehicles, credit cards and student loans) by gross monthly income.

For example, an annual household income of $89,000 divided by 12 months equals a gross monthly income of $7,417. The 36 percent rule means the maximum monthly spending on all household debt should be about $2,670.

While lenders use the 36 percent rule in evaluating mortgage applications, they also consider other factors such as the amount of cash available for the down payment and closing costs, the borrowers’ credit scores and the amount of unsecured debt.

When buying a home, rely on an experienced real estate professional who will ensure that you are making the best purchase for your current need and household budget.home-167734__340

To get started on your journey to home ownership please call, email, or text anytime.

Five Star award Winner 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, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email- rachel@rachelsheller.com

View ALL available properties 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!

 

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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!

How to increase curb appeal

curb appeal

A buyer’s first impression sticks. Think about what attracts you to a property when looking at homes online and what is the first thing you notice when attending an open house. Prospective buyers are attracted by the home’s curb appeal. The National Association of Realtors® says that 63 percent of people will drive by a property they liked online to see how it looks in person.

Here are three basic tips to help you increase your home’s curb appeal:

1. Declutter your front yard and driveway.
Whether it’s keeping up with lawn maintenance, trimming bushes or picking up toys, a well-kept yard makes a positive impression on prospective buyers. If the front of your home is in disarray, buyers assume the interior will be as well.

2. Make decorative outdoor furniture a focal point.
Nothing says “welcome home” more than comfortable seating on a porch or patio. People who are considering moving to your neighborhood will sense that it’s a friendly, safe place to spend time relaxing outside.

3. Power wash your home’s exterior.
Remove any dirt, leaves, grime, or cobwebs to really make your home shine. Follow up by washing all of the windows, inside and out.

For more information on increasing your curb appeal, please call, email, or text Rachel.

Five Star award Winner 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, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Realtors

Direct 503.380.9634, Email-    homesforyou@frontier.com

View a CURRENT & ACCURATE list of ALL available Houses on the market on my website

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

Licensed in the State of Oregon and i the State of Washington

Your offer has been accepted: what’s next?

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Learning that your offer for your new home has been accepted is one of the most exciting times in the purchasing process. But, that excitement can be short-lived if you are not prepared for what comes next. Here are a few things to do after your offer has been accepted:

Celebrate!
You found your new home. Don’t let the moment slip by without acknowledging this major accomplishment.

Communicate with your agent.
After the excitement settles, try not to panic when you see your to-do list. Your agent will guide you through the process. There are so many steps to take after an offer has been accepted, and unexpected issues can pop up. So, prepare yourself to maintain a positive mindset.

Closing considerations.
Prior to the closing, you’ll have to schedule inspections and appraisal, work out the cost of any necessary repairs, and confirm financing. Don’t worry, though, you are almost there.

Remember, an experienced real estate professional will be there every step of the way to help you with all the details. You’ll be unlocking the front door of your new home before you know it!

For more information on buying or selling a home, please call,e mail, or text Rachel.

Five Star award Winner 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, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Realtors

Direct 503.380.9634, Email-    homesforyou@frontier.com

View a CURRENT & ACCURATE list of ALL available Houses on the market on my website

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

Licensed in the State of Oregon and Licensed in the State of Washington

What is the appreciation in your location? Take a look!

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How does your area stack up? Keep in mind each City has many neighborhoods that are priced differently than the average. You can call me for a detailed estimated sale price for your home. Appreciation rates are in the positive numbers all across the board. West Portland may be a little sluggish on appreciation, but prices are generally higher in that location, so you can only increase so much….

Days on the market are looking good too. That is the time it takes to sell your home, on average. Even though we are in a sellers market still (but that is changing-more in another blog) you can still over price your home and it will sit on the market  longer, or worse, not sell at all.

This was a quick peek at the latest real estate numbers. For more information specific to you, please call, email, or text. I look forward to hearing from you!

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 go to my website.

Licensed in the State of Oregon and Washington

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

 

 

 

Diversify your investments with real estate

sell

Real estate is recognized as one of the most stable investment options available today. In fact, residential real estate has proven to be a less volatile long-term investment than equities. Financial planning is not a one-size-fits-all option, so how can you be sure real estate investing is right for you?

If you are interested in diversifying your portfolio with real estate, you should first discuss your options with an experienced real estate professional. You will get help with (1) determining the properties that suit your investment needs, (2) tracking down the critical data necessary to make informed decisions, and (3) keeping you up to date on changing trends in the residential market.

As with any investment, there are pros and cons to real estate. Property ownership isn’t as simple as an investment in stocks and bonds. You may not make significant profits right away, and it’s far from liquid. However, the upside is a long-term growth yield that frequently exceeds traditional stock market investments.

If you decide to invest in real estate, be sure to acquire a variety of property types, as well as properties in different markets. In addition to single-family homes or duplexes, consider commercial properties and apartments to keep your portfolio stable and limit the risks associated with the inevitable market shifts. That way, as the housing market ebbs and flows, you’ll still hold a valuable stake in all types of real estate investments. A well-rounded real estate portfolio will give you a better chance at stable, long-term growth.

Ultimately, working with a trusted real estate professional and experienced financial adviser is key to successfully discerning your options and choosing the best investments for your future.

For more information or to get started investing in YOUR future, please call, email, or text anytime!

Five Star award Winner 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, 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 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!

How to spot the next hot neighborhood

next hot neighborhood

Location, location, location
Location is one of the most important elements – if not the most important element – to consider in a home search. While it’s easy to find markets that are already buzzing, how can you spot up-and-coming neighborhoods?

Uptick in businesses
Take note when chic hotels, stylish boutiques and trendy restaurants begin to emerge in the surrounding areas. If a neighborhood is creating a higher demand for new venues, then its property values are likely to soar.

Fixer-upper potential
Neighborhoods that may be considered past their prime but offer unique architecture and structural integrity are prime real estate opportunities. Victorian, Tudor and Spanish-style older homes are popular, especially among millennials and first-time home buyers who are willing to invest in a home that requires a little extra love, attention and elbow grease.

Fast-selling properties
As homes begin to spend less and less time on the market, it’s a good sign that the neighborhood is increasing in popularity. Sometimes, it only takes a few buyers taking an interest in a neighborhood before other buyers take note and begin to see its potential for future growth.

 

Call me to talk more about buying “smart!”

Five Star award Winner 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, 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!