Price It Right!

Study those homes for sale that are similar to yours…see how your house compares…then price it below the lowest price of a home  that is similar to yours.  For instance,if you have a townhome in Aventura, four bedrooms, two bathrooms,2500 sq. ft. no waterfront the latest home sold at $490k.  That is a price you could ask.  If you decide to ask 100k more, you will be disappointed, no one will come and you will feel hopeless.

Clean It Up! 

Empty everything in the garage.  Clean the floor…paint it.  Take all extraneous things out of each room.  Wash the windows  Clean all kitchen counters. Bake cinnamon during a showing.  There are some excellent cleaning services available.  Squeaky Clean comes to mind 786 399 3950.  Carpeting cleaning services like Keenes Carpet Cleaning 305 545 8500. 

Dress It Up! 

Add some fresh flowers.  Put slipcovers on old sofas.  Make the beds with new covers. Call in a staging company.  They can make a huge difference for very little money. Hire a consultant and get one hours worth of advice.

Market It With An Expert Realtor!!  

Realtors with experience in all markets are important.  Hire one and take her advice!!

Homes in Aventura are beautiful but they have to be priced to sell in the market of 2009. 
Call me today for an opinion of value…

Miami Hi Rise

First…Sell Outright!  Pick the lowest priced comparable on the market and make your price a little bit lower.  Look over the property and if it has no appeal, home stage your property with a professional.  Statistics show that properties that are home staged sell for 3% more than ones that are left in their original state.

Second … Networking.  Contact other investors and talk about your property and share information. A good source is the REIA.  They have members just like you.

Third…Relocating or Renting  Another alternative is to move directly into the investment property and sell your primary home.  That home might be more saleable.  Or, if that is not feasible, think about renting, or lease optioning, or vacation rentals for the investment property.

Fourth…Speak to your Lender Before missing any payments, speak to your lender.  If the property is worth less than the mortgage, you might be able to renegotiate the loan, which can lower the payments and help you keep the investment for a longer time when you will be able to sell.  This can affect your credit so ask all pertinent questions before changing the mortgage.

Fifth…Last resort would be to stop making payments.  Before doing something that can ruin your credit for a long time, consult your attorney and a CPA.  Before considering this option, check all the laws in Florida concerning foreclosures and bankruptcy.  Be well informed before making any decision.

For more information and advice, please feel free to contact me.  I look forward to hearing from you.

Real Estate values fluctuate and they will go up again in a few years and maybe sooner.  If you can afford your payments, keep making them.  If you walk away, your credit will suffer greatly and you will find it difficult to buy again or even rent.  BE PATIENT!  Let some time pass.  Eventually the value in your home will increase.

To find out more on this subject, please contact me and I will be glad to answer your questions.

I had the same company doing my gardens for years and the maintenance was getting out of hand.  She had such great ideas and gorgeous choices of plants that I succumbed and in the next couple of weeks, I will have  beautifully trimmed and replanted gardens filled with color and tropical as well as Asian choices.

I am really excited about the design, how great it will be to have lush new foliage and my home will look fresh and beautiful. We forget we live in the tropics and we can have beautiful exotic plants growing all year round.  Oranges, purples, yellows, reds and all shades of green are ours.

This is  really great way to keep your home from looking old and tired. 

As soon as it is complete, I will publish the photos, right here, on my blog.

Contact me if you want more information about landscaping.