Real Estate Future or How about the Present………….

imagesI know that we like to complicate things and by no means am I trying to ignore the facts about our economy or the fact that unfortunately a lot of people took a huge hit financially, with their homes and with their jobs/careers. That is all real. What I am saying is that there are still people buying and there are still people selling. What happens to them? Who’s taking care of their business?

Well the truth is the people who see past the rain will ultimately come out on top. Sometimes we get so caught up in the problem that we forget to become part of the solution. It is easier said than done I know, especially when your going through it but it is possible. There will always be ups and there will always be downs and none of us are immune to it.

When you are ready to buy, sell, or invest make sure that you choose someone that clearly sees opportunity in difficulty. That is key when choosing an agent in real estate. You need someone on your side that will provide you with solutions, create opportunities, and is willing to find the buyers, sellers, or investors that you may need to get the deal done.

Remember, if you have someone that is representing you and they have a whole lot of excuses, what do you really think this person is doing for you. What can they possibly offer you if they can’t even convince themselves that it is possible. If they are giving you excuses then you better believe they are also giving the same pitch to your would be clients.

Think about it. Would you choose a doctor that could not provide you with a possible solution or remedy for your illness or in the case where you did get sick? How scary is that? Well my friend the same goes for real estate. Make sure you choose the right agent to represent you and your business. It really makes all of the difference in the world!

The reality of it all is that there will always be someone buying and someone always selling something, the Future is here. When it comes to real estate, well, that is a permanent market. Yes the prices may fluctuate but it will always be a hot commodity.

Brent Lippincott
Real Estate Consultants of Upland
1460 W 9th St #201
Upland Ca. 91786
(909) 917-4883DRE # 01729047

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The 4 Top Things The New Generation Of Home Buyers Want

imagesThe new generation of home buyers grew up with smart phones, apps and internet. They are used to having technologies that make their lives easier and more convenient so it is not surprising for them to wish for a home with these technologies installed.

1. Media Room

Many buyers prefer homes that have a private room with great quality surround sound system equipment, large flat screen TV and the latest A/V device.

Some buyers are not satisfied with having just one high tech room. They prefer their entire residence to be installed with the latest automated system. Given the significance of technology will continue to grow; investing in a smart home is a wise decision.

2. Home Offices

A home office is one of the top requirements for most of the new generation buyers. To lessen the risk of deterring some home buyers, do not create a home office with built-ins. If there are numerous rooms, then these buyers can do the customization of the home office themselves. They will want an office where there is enough space for their printers, laptops and other work related activities.

3. Hardwood Floors

Buyers are showing a preference for gleaming hardwood floors as they make the rooms look new, clean and less confined. Some buyers just do not like the feel of stepping into someone else’s carpet no matter how clean and attractive it is.

If you are the buyer and see a home you love yet you are turned off by the carpeting, do not move on to the next house right away. Try to see what’s underneath since there is a chance it has a hardwood floor which you will love.

4. Urban Areas

Most of the new generation of home buyers prefer to live in big cities with small urban areas. These are the buyers who want to live in areas where there is potential to meet new people and stay active. Aside from buildings that are near the transit hubs, they want those with the essential convenience of a local gym, spa, business centre, etc.

As the preference of home buyers change, so should be the home. Shrewd investment in the possible alterations on the home you plan to sell can reap big rewards on sale day. Although real estate has its ups and downs, it is still a very attractive venture. Supply the demands of the new generation of buyers and you will not only sell your home in as short a time possible but also get a great deal out of it.

Brent Lippincott
Real Estate Consultants of Upland
1460 W 9th St #201
Upland Ca. 91786
(909) 917-4883

DRE # 01729047

Posted in Homes for Sale, Inland Empire Real Estate, Orange County Real Estate, Real Estate | Tagged , , , , , , , | Leave a comment

Using a Realtor to Sell Your Home VS For Sale By Owner

In the real estate industry we call home owners that market their property for sale on their own FSBO’s or For Sale by Owners. The obvious main goal of a FSBO is to save money on real estate commissions. In the past few years we have seen more For Sale By Owners, especially in the lower price points and in the neighborhoods outside of city cores. There are a few reasons for this increase including an opening up of the MLS system, perception of a Realtor’s role and the market conditions.

upset fsboRecently the MLS ( Multiple Listing Service) was opened up to the public, meaning a FSBO could list their property on the MLS (still through a Realtor and Brokerage) but could manage the selling process on their own without offering a co-operating broker a commission for finding a buyer. The reality is, Realtor’s will work with a buyer client for months, sometimes years so naturally a Realtor would like to be paid for their efforts. For this reason, Realtor’s may not work with you and bring their qualified buyers to your home. FSBO’s also tend to overprice their property, but a Realtor knows the true value and will introduce their client only to properly priced properties.

Realtor’s are often placed in the same category as a used car salesperson – perception has it that Realtor’s are rolling in the dough for very little effort. Over the past few years the real estate market has been booming making a Realtor’ s job look easy with properties listed on the MLS selling hours or days after being put up for sale. What people do not realize is that there is a lot that goes on behind the scenes when selling a property and a lot of liability as well. It’s a full time job and people do not realize this: a Realtor’s job includes setting the price, marketing the property, manage appointments, negotiate the contract and ensure a smooth closing. We are talking about huge amounts of money when buying or selling a home and in most cases this is the largest purchase someone will make in their lifetime. Working with a Realtor as a buyer is a free service so there is really no benefit to the buyer not to as the buyer is protected by their own Realtor. As Realtor’s we live and breathe real estate so for us selling or buying a property is second nature: we know the questions to ask and what to look for.

FSBOvsR_ImgThe nice thing about working with a Realtor is that the seller doesn’t pay for the service unless the property sells. In the case of a FSBO, each time they engage a lawyer for assistance, they are charged an hourly rate regardless of whether the home sells or not. In the end, there are FSBO that sell their property on their own but about 80% of FSBO’s do end up listing and selling with a Realtor.

 

The Real Estate Consultants of Upland

Brent Lippincott
909.917.4883

DRE# 01729047

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New Listing from The Real Estate Consultants of Upland

This Kerrigan Ranch Property has everything you ever wanted. It features 5 spacious Bedrooms and 5 ½ Baths, plus a loft upstairs, and 2 offices downstairs, and a bedroom off the kitchen.

GetMedia (1)Beautiful formal entry way with new marble floors lead to a gorgeous dual staircase composed of engineered wood. Dramatic 10’ ceilings can be found throughout the entire first floor. Luxurious kitchen with granite counter tops, and stainless steel appliances include, double oven, built in refrigerator, built in microwave, and 6 burner gas cook top. The kitchen also boasts a walk in pantry and large food Preparation Island. Highest quality engineered wood floors can be found throughout the first and second floor living areas.

GetMedia (3) Master suite with balcony over-looks Orange County. you can also enjoy the views from the entertaining backyard that has it all, pool, spa, Outdoor Island complete with Bar-B-Que, refrigerator and fireplace to enjoy the back yard year round.

GetMedia (2)

The Real Estate Consultants of Upland

Brent Lippincott
909.917.4883

DRE# 01729047

MLS Listing # Cv13203297

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Five Benefits of Master Planned Communities

MPC Real Estate ConsultantsWhen thinking about a dream home, it is common that at least a handful of the desired features relate more to location and community than home design only. This makes sense in that home ownership isn’t only about the house, but also about the location, sense of community and neighborhood feel. For home buyers looking for the dream house in the dream location that meets the budget, often the answer lies in one of the local best planned master communities. These residential communities offer many perks and benefits, below are five to consider when looking for a new home.

1. The Choice is Yours

In many planned communities, there is a combination of empty lots waiting for a build and move in ready homes. For the family that is ready to move, having an option to move into a new, recently built home can be a great benefit. Not only does it save time and stress, but often these homes have newer and modern amenities such as being digital living friendly and with new appliances. For home buyers with the time and ability to start from foundation up, an empty lot and builder’s catalog of options can be a dream come true.

2. Neighborhood News

For most home buyers, a sense of community and belonging in and to the neighborhood is an important factor in any home purchase. Master planned communities provide near instant camaraderie. Winding streets with cul-de-sacs and community centers such as parks, walking paths and the neighborhood pool provide easy ways to get to know neighbors in active and social settings.

3. The Price is Right

The best master planned communities tend to offer a range of home prices, even within the same size and style of home. At the same time, they may have multi-tiered home costs, offering something for everyone. Knowing that there are pricing options as well as the possibility to move into a larger or smaller home in the same community can be a great perk. As life and family needs change, it is not uncommon for homeowners to need more space or to downsize.

4. Peace of Mind

Many residents of these planned communities report a sense of security and safety. Some offer gates or statement entryways with walls, arches or other features that set apart the community. In addition, the truly residential streets with slower speed limits, neighbors who know each other and staffed community centers help to create a safer and more secure community.

5. Social Butterflies

Perhaps one of the more intriguing benefits of the best master planned communities are the social events. It is very common to see planned events such as movie nights at the recreation center to aerobics classes. Often these communities are built around an existing nature feature such as a river or a man made one such as a lake or golf course. These elements provide arenas for exercise, socializing and other spur of the moment social opportunities.
Brent Lippincott
909.917.4883

DRE# 01729047

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Key Facts To Memorize Before Moving

moving-van-636Moving is one of the most hectic and stressful tasks to accomplish, if not planned well. Planning the move well in advance is really essential to remain stress free during and after the move. Moving requirements may vary from one individual to another, so planning in advance is a great way to categorize the requirements well on time and take necessary actions to make the move stress free and pleasant.

Following are some of the key facts to memorize before moving, that can guide you in the right direction to make your moving experience less stressful and more stable:

1) Sort Out The Items That Are Not Required:
The first and the most important job to perform before you start packing, is to sort out the items that you don’t require and separate them from the rest of the stuff, as this will reduce the burden and the effort to pack the surplus stuff that you do not require at present.

2) Never Hesitate To Ask For Help:
Moving is a really hectic task and cannot be accomplished single-handedly. So, never hesitate to ask for the help of your neighbors, relatives or some professional movers, with the packing and moving of your stuff.

3) Time Management Is Important:
Time management is really important before and during the move. So, manage the time for each and every task associated with the move appropriately and efficiently, so that later on you don’t face any problems, as even a few small things can create a big difference in the end.

4) Always Have A Back Up Plan:
A back up plan is really necessary to keep the things moving smoothly in case of any errors like if the moving company you hired quits on you and many more. So, always have a backup plan ready in order to make the things work for you, like having a list of alternative moving companies that can serve your moving request on a shorter notice.

5) Treat Yourself Well:
Moving is a hectic and a stressful task, and may take long days to complete. Neglecting your personal health and fitness during the move and just concentrating on packing and moving the stuff really makes thing worse. So, always follow an efficient time management scheme to divide the work and gain some quality time to have a healthy meal and take a break while packing and moving the stuff. This will increase the efficiency of your work and moreover will keep you calm and healthy during and after the move.

 

Brent Lippincott

909.917.4883

DRE # 01729047

Posted in Homes for Rent, Homes for Sale, Inland Empire Real Estate, Orange County Real Estate, Real Estate, Sold Homes, Southern California Real Estate | Tagged , , , , , , , , , , , , | Leave a comment

How Much House Can You Really Afford?

There are two answers that matter to the question of how much house you can afford: yours, and your lender’s. Your lender will make their determination through the pre-approval, which is a good place to start once you’ve decided to begin house-hunting in earnest.

Hand shake photo

The Pre-Approval Process
Most sellers, including all REO and short sale sellers, will not review an offer without a loan pre-approval, and many real estate brokerages require pre-approval in order to work with you. You can get a quick pre-approval from your regular bank or credit union if you’re not sure which lender or mortgage plan you’ll be using. But if you do know your specific lender and mortgage, go with the in-depth. With either process, you’ll need to fill out a loan application and submit it along with the documents and information listed below.

curbedu.jpg

Don’t Go Changin’
Let’s assume your application passes muster, and you’ve been pre-approved–congratulations! Don’t go too crazy celebrating though: If you make major changes to your credit, debt, or assets after pre-approval, but before you secure a loan, you could jeopardize your chances of getting any mortgage at all. Lenders commonly re-check your credit within five days of your home purchase closing, and any significant changes to your score may put the kibosh on your loan.

How Much Per Month?
The two pieces to consider when deciding how much your’re comfortable spending on a house are how much you can put down and what monthly payments you can handle. Standard loans generally require you to put 20 percent of the purchase price down, though FHA loans (that is, loans backed by the Federal Housing Authority) require as little as 3.5 percent. But of course the less you put down, the more you have to pay the bank each month, with interest. The easiest way to figure your monthly payments is to use a handy dandy mortgage calculator. Play with the numbers until you come up with a monthly payment that you can responsibly meet, and that will tell you what the upper limit of your purchase price should be.

There are a bunch of different mortgage calculators out there, but make sure to use one that includes not just your down payment and mortgage rate, but homeowner’s insurance, mortgage insurance (if you put more than 20 percent down you can leave that one out), and property tax. Property tax rates vary by city, but the LA County average is 1.66 percent of the assessed value of the house. You’re better off figuring out the tax rate yourself than taking the MLS’s word for it–if the house hasn’t been on the market in years, the stated rate could be off by thousands of dollars.

Start Shopping
When looking at houses that fit your budget, remember that the final price does not start and end with the asking price. Inventory is low right now and a bidding war can quickly drive up a price way above what you can comfortably pay. Also remember that the house you fall for may only be affordable because it needs some work. Is it still affordable when you add that into the mix?

Brent Lippincott

909.917.4883

DRE # 01729047

Curbed University delivers insider tips and non-boring advice on how to buy, sell, or rent a house or apartment. Additional questions welcomed to la@curbed.com.

Posted in Homes for Sale, Inland Empire Real Estate, Orange County Real Estate, Real Estate, Sold Homes, Southern California Real Estate | Tagged , , , , , , , , , , | 1 Comment

This Tiny NYC Abode is Literally a Dumpster With a Stove

 

Wednesday, August 7, 2013, by Amy Schellenbaum

Screen%20shot%202013-08-07%20at%208.56.50%20AM.pngPhoto via Gregory Kloehn

Being that “home” is a wonderfully nebulous term, one that encompassesMcMansions and huts as well as places under railways, behind billboards, and atop tricycles, perhaps it’s not so outlandish that a designer/artist like Gregory Kloehn has carved a fully-functioning casita out of, uh, a Dumpster. In six months, Kloehn, whose story was featured over at Curbed NY and on an episode of HGTV’s You Live in What?, outfitted his Brooklyn digs with a toilet, stove, and sink. There’s even a shower that, as Curbed NY points out, is perfect only if “an al fresco streetside experience of dubious hygienic value” is exactly what you’re going for.

dumpster%202.jpgPhotos via Gregory Kloehn

Kloehn, a West Coaster, doesn’t live in his Dumpster abode all or even most of the year, and it’s unclear just how legal this whole situation is—perhaps he has some friends in a townhouse that let’s him set up shop in their backyard?—but one can’t help but be a little jealous. Spending a few free nights in a kitted-out garbage bin is still probably leaps and bounds more enjoyable than some of the crazy shenanigans Craigslist or AirBnB has on offer—unless, of course, you like staying in a toilet-less wooden box or working as an assistant for a couple that offers in-house “freaky fun sensual adventures.” Anyway, do have a look at the HGTV clip, over at Curbed NY.

· This Man Actually Lives In A Dumpster He Tricked Out Himself [Curbed NY]
· Gregory Kloehn’s Dumpster [official site]
· All Micro Dwelling posts [Curbed National]

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Easy Green: Big and Small Ways to Be More Water-Wise at Home

With warmer temperatures and less rainfall in many regions, summer is a great time to get serious about conserving water. Whether your goal is to help your community during a time of drought, keep pollution out of waterways, or save money on your home water bill, there are many simple, effective changes you can make around the house. These 20 ways to save water and protect our waterways are a good place to begin.
1. Upgrade appliances. When you next go shopping for new appliances, choose a fridge, freezer, and dishwasher rated by Energy Star and you could save hundreds of gallons of water each year.2. Use the garbage disposal less. Drop that food in a compost pile instead! Not only will you save water by not turning on the faucet every time you clear off a plate, you will be creating nutrient-rich food for your garden.

3. Use a rain barrel to catch water for use in the garden. This simple addition to your home can save you many gallons of water each year, depending on how much rainfall you get in your region.4. Seek out drought-tolerant and native plants. Especially important in the southwest and western U.S., and anywhere drought is a problem, choosing the native plants can reduce the need for frequent watering.

Guides to gardening in your region of the U.S.

5. Turn off the faucet — or try a sink with a foot pedal. Make a habit of turning off that faucet rather than letting it run while you soap up dishes or hands. The new pedal sinks make remembering to turn off the faucet automatic, and are especially great for homes with kids.6. Fix leaks promptly.Save on your water bill by making sure to stop leaks as soon as you notice them.

7. Adjust your sprinklers. Sprinklers that mist driveways, walkways, and other non-planted areas are wasteful. Take the time to test yours and be sure the water is reaching only the needed spots. Mark the position with a rock or plant marker so you will remember where to put it next time.8. Avoid using lawn chemicals. Chemical fertilizers and weed killers run off lawns and contaminate waterways. If you do choose to use them, be sure to use the minimal amount necessary to do the job.

9. Try a lawn alternative. Why deal with constant watering and mowing, when you can enjoy a lawn-free yard just as much? There are many creative alternatives to grass, from native plant and edible gardens, to patios, play spaces, and more.

How to get along with less lawn

10. Upgrade or retrofit older toilets. Older toilets can be major water hogs. Upgrade to a newer efficient model, or place a water bottle in the upper tank of your current toilet to displace water and use less per flush.11. Check for toilet leaks the easy way. Place a few drops of food coloring in the upper tank of your toilet, and do not flush for at least 30 minutes. When the time is up, check the bowl — clear water means no leak; colored water means you have a problem.

12. Save water while you shower. Shortening your shower by even one minute can add up to big water savings over the course of a year. Also try shutting off the shower briefly while washing hair.13. Install low-flow shower heads. If you don’t have them already, making the switch to low-flow shower heads is an easy and effective way to save water daily.

14. Insulate hot water pipes. Getting hot water faster means less water is wasted running down the drain while you wait. Want to go the extra mile? Keep a pitcher in the bathroom and use it to catch the would-be wasted water as you wait for it to heat.

15. Only run full loads.Saving up your laundry until you have a full load is a great way to save gallons of water. If your machine has a setting for a smaller load, do use that when you need to — but remember that doing fewer loads will save even more water.16. Choose natural cleaning products.Bleach, detergents, toilet bowl cleaner, and other products we use daily that get washed down the drain ultimately end up in our water system — and it is not easy to remove them. Choose natural products whenever possible, and never flush medications down the toilet.

17. Sweep, don’t hose down driveway and paths. Get out that old push broom and give your steps a sweep rather than getting out the hose. It saves water, and gives you a workout!18. Water less often, but more deeply. Plants love getting water all the way to their roots — it makes for stronger, healthier plants. Planning fewer, but deeper, watering sessions each week will save water and result in a healthier garden.

19. Water in the evening or early morning. Watering in the heat of the day means much of your precious water will be lost to evaporation. Water in the cool evening or early morning instead.

20. Get in the habit of saving leftover water and dropped ice cubes for houseplants.Even small acts, like plunking dropped ice cubes and half-drunk glasses of water into a watering can rather than down the sink can add up to water savings.But even more than the water you will save, it’s the habit that is important — this small act will serve as a reminder to be more mindful of water, our most precious resource.

Brent Lippincott
Real Estate Consultants of Upland
1460 W 9th St #201
Upland Ca. 91786
(909) 917-4883DRE # 01729047

Posted in Homes for Sale, Inland Empire Real Estate, Orange County Real Estate, Real Estate, Sold Homes, Southern California Real Estate, Uncategorized | Tagged , , , , , , , | Leave a comment

How To Find The Right Partner For Property Investment

Property investment is a good way to ensure your financial security. It is a good business opportunity that will surely give good results if you know how to handle it. As such, it is important to note that investment in residential properties is different from commercial property investment.
Whether you are buying or selling a home, a real estate agent can help the residential sales process become a hassle-free and smooth endeavor – that is, if you find the right one. Take a look at these tips to help you find the right partner for your property investment.
  • Do not immediately settle for the first one you come across or the one recommended to you by a friend or family member. Take your time to interview as many as you possibly can.
  • Experience and credentials are indeed very important, but the rapport between you and the agent is equally important too. Consider that the buying and selling process may take time and you will have to work with your chosen agent for that time frame.
  • Choose an agent that works full time over those who work on a part-time basis. With an agent who works full time, you will be assured that he or she devotes his or her full energies to closing the sale. In addition, working full time allows him or her to have a better understanding of how the market currently works.
Finding the right property manager can help eliminate the hassles and headaches associated with commercial property investments. Similar to finding a real estate agent, finding a property manager entails lots of time and considerations.
You need to look at is how many employees the property management firm has. An understaffed firm means that the firm’s resources will be spread thin from handling various clients. This, in turn, can mean that your property might not be handled well.
Another important consideration is how often your property manager will conduct formal inspections on your property. Regular inspection will allow you to prevent any maintenance problems from getting out of hand. At the same time, this will ensure that your tenants are well taken care of.
Have a look at the management agreement. This agreement should clearly state both the property manager’s and property owner’s responsibility. Take your time in reading the fine print including the provisions for fees charged and other clauses. It is a good idea to have a lawyer look at the contract before signing anything.
Indeed, finding the right partner for you property investment is very important in the success of your property investment endeavors.
Brent Lippincott
Real Estate Consultants of Upland
1460 W 9th St #201
Upland Ca. 91786
(909) 917-4883

DRE # 01729047


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