Our Latest Home Rehab Project

A client of ours was in need of a home makeover. We gave him one, and then some.

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We’re on site here at one of our newly rehabbed listings here in Gilbert. The owner’s goal was to get the highest return on investment possible, so we put our all-star team together and did a three-week rehab.

We’d love to help you do the same thing.

We did painting, flooring, added new light fixtures, and made some repairs. Now we’re ready to sell it for top dollar.

If netting the most amount of money is what’s most important to you in your home sale, give us a call or send us an email today. We can come out and take a look and let you know how you can maximize your sale price.

 If you have any other questions or real estate needs, don't hesitate to reach out to us. We'd be happy to help you.

Why Tap Into Your Home’s Equity Now?

Many homeowners are tapping into their home’s equity. Here’s why.

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Do you notice that pile of cash you're sitting on right now?

I'm not joking. 42 million homeowners with mortgages have equity in their home right now.

When added up, tappable home equity recently reached $5.5 trillion. That's about $3 trillion more than when the housing market bottomed out in 2012. "Tappable equity" is defined here as the amount a homeowner could borrow before they hit 80% of debt to value.

Not surprisingly, many homeowners are looking to tap into these hidden reserves. As just one sign of this, mortgage applications are up 4.1% this January over last year. That's mostly been driven by mortgage refinances, as homeowners are looking to take advantage of low (but increasing) rates to take out some of that equity as cash.

Another option to a mortgage refinance is a home equity line of credit (HELOC), a kind of checking account on your home. While HELOCs have been growing in popularity, they've hit a slight snag recently because the new tax bill eliminates the deductions for interest paid on such lines of credit. 

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Many homeowners are tapping into their equity now.

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What are homeowners who tap into their equity actually doing with the extra cash? Most people are spending it on making their homes even more valuable. According to one survey, 80% of borrowers would consider using that cash to renovate their home.

However, other homeowners are using their home equity to cover education expenses, to pay down other debt, or simply for investing, whether in stocks, real estate, or even cryptocurrencies.

So should you tap into your home equity?

I can't say either yes or no. It’s something you’ll have to decide on your own. However, if you have any questions or would like us to take a look at your specific situation to see what your best move is, we would be glad to help. Don’t hesitate to give me a call or send me an email any time.

The Perks of Selling to a Cash Buyer

I have some exciting news about a cash buyer in the area. Do you know the benefits of selling to a cash buyer? Find out here.

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I have some exciting news regarding cash offers: I have a buyer looking to purchase properties in the Phoenix area—upwards of 100 to 150 properties.

Cash buyers make it very simple for sellers. When you accept an offer from a cash buyer, you won’t

have to go through the hassle of putting it on the market, having to clean it up for showings, or having to stage it.

Cash buyers make the process simple for sellers.

I can help find a cash buyer and make the close of escrow a lot shorter. You’ll still have your needs as a seller met, and you can still sell it right at market value.

If you’re interested in selling your home and would like to explore the option of a cash buyer, we can set up a time to talk about your situation and the options available to you. Feel free to reach out to me. I’d be glad to help.

Happy Holidays From the Herfel Team

The holidays are here, and we want to thank you for all your support in 2017 and beyond.

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We appreciate your support throughout 2017 and hope to see you again next year.

Happy holidays, merry Christmas, and happy Hanukkah to all of our friends, family, and clients. We appreciate your continued support throughout 2017. As we sleigh on through to 2018, we look forward to seeing you next year. As always, if you have any real estate needs, feel free to reach out to us.

Three Reasons To Sell Your Home During The Holidays

Should you put your home on the market during the holiday season? There are actually three great benefits of selling this time of year. 

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I recently got an email from a past client who wants to sell their home. However, they asked, “Should I sell my home during the holidays?”

I get this question a lot this time of year. Believe it or not, now is a great time to put your home on the market for several reasons:

1. You have less competition. Many people think they should wait until after the first of the year. The reality is that since more sellers wait until after the first of the year to put their homes on the market, there will be more competition for you. As a seller, it’s more advantageous for you to sell your home before the beginning of the new year, as you will likely get more money.

Buyers are more serious about purchasing a home.

2. Buyers are more serious this time of year. Holiday homebuyers have to be in their new home by a certain date. You won’t have any looky-loos or showings that don’t amount to an offer. The buyers that go through your property are serious and want to buy a home.

3. Homes and neighborhoods show better during the holiday season. Thanks to all of the holiday decorations in your home and around the neighborhood, your home will look amazing, giving you an opportunity to get more money. 

If you have any other questions about selling your home during the holidays, give me a call or send me an email. I would be happy to help you!

Thinking About Selling Your Home? 5 Easy Ways to Maximize your Profit.

If you want to be successful in getting your home sold, there are a few strategies you can use. Today, I’ve got five key tips and tricks.

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If you want to be successful in getting your home sold, there are a few strategies you can use. Today, I’ve got five key tips and tricks.

1. Do not overprice your home. This is the most critical piece of advice I’ve got. Many sellers think they should price high to begin with, with the intention of lowering the listing if need be. However, this is a big mistake. Buyers today are more educated than ever before. If you hike up the price, buyers aren’t going to be interested because they know what values should look like in our market.

2. Have good curb appeal. A lot of sellers think they need to entirely re-landscape. But what I actually mean by having good curb appeal is to have a fresh and attractive-looking yard. You don’t have to go all out. All it takes is a mowed lawn, trimmed bushes, and possibly planting some flowers for color. A buyer should have a great first impression when they pull up to your home.

3. Fresh paint and carpet. These two home improvement items are the best you can make in terms of getting the most return on your investment. Just remember that paint and carpet should be in clean, neutral colors to attract buyers.

4. Declutter and stage your home. Anything that personalizes the home should be removed. Staging your home for sale is a lot different than living in it.

An experienced Realtor should be able to help you sell for the most money in the least amount of time.

5. Hire an experienced Realtor. The right professional will have the tools and resources to negotiate on your behalf and expose your property as much as possible. An experienced Realtor should be able to help you sell for the most money in the least amount of time.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

Top 3 Reasons Right Now is the Best Time to Sell Your Home

Why is now the best time to sell a home in Phoenix in the last decade? Here are just a few reasons.

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We’re experiencing very low inventory, which means buyers are greatly outnumbering sellers for the time being. How do sellers benefit in a market like this? Here are three ways:

1. More money. You’ll get more money now than you would have even 30 days ago.

2. Fewer repairs to get the home market-ready. Buyer’s can’t be picky in a market like this. They’ll live with some imperfections in your home if it's priced correctly.

3. Shorter transaction with fewer hassles.

This is a unique window of opportunity for you to get more for the sale of your home. If you’re considering selling your home or you’ve thought about doing so in the near future, give us a call or send us an email today. We can help put a strategy together for you that will ensure the success of your sale. We look forward to hearing from you.

Red Relief—Helping Those Impacted by Harvey and Irma

The Red Relief program by Keller Williams is dedicated to providing disaster relief to those impacted by Hurricane Harvey and Irma. Find out how you can help today.

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Keller Williams is here to help those impacted by Hurricane Harvey and Hurricane Irma.

When it comes to Keller Williams, family is everything.

Our Red Relief program is dedicated to providing disaster relief to every family impacted by these storms.

Hundreds of Keller Williams agents have gone to Texas to help those in Corpus Christi, Houston, Beaumont, and more. More agents are on their way to help families from Hurricane Irma in Florida.

So far, we have seen a tremendous outpouring of love from our volunteers and donors. Rebuilding these areas is going to take more than a couple of weeks, so it’s important that we keep the energy going in the coming months as we help people get back to their normal lives.

As we work to rebuild these areas, we could use your help.

Help us provide disaster relief to those impacted by Irma and Harvey.

Please consider donating to our Red Relief program. Your contributions will help us supply food, water, clothing, and building supplies to these communities.

If you have any questions about KW Cares, the Red Relief program, and our ongoing disaster relief efforts, please don’t hesitate to reach out to us. We appreciate your support as we work to help others through this difficult time.

These 5 Home Improvements Can Get Your Home Sold

When selling your home, cleanliness and attractiveness matter to prospective buyers. I have five tips to help you spruce up your home before a sale.

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Today, I’ve got five tips that will increase the likelihood of your home selling.

1. Make sure the house is freshly painted. If the color of your home is fresh and neutral, it will appeal to the mass buyer pool. When you use neutral colors in terms of paint, carpet, and flooring, it makes the home feel bigger, more open, and ultimately more appealing.
2. Your carpet should be cleaned or replaced, which will make it more attractive to potential buyers. Like paint, carpet is a cost-effective way of improving your home’s appearance.
Both carpet and paint are cost-effective ways of improving the way your home shows.
3. Curb appeal is very important as well. Take care to make your landscaping look clean and manicured. A strong first impression can impact a buyer’s desire to make an offer on your home.
4. Have your home professionally cleaned. Having your home professionally cleaned both inside and out, if necessary, will be greatly helpful. Your property should be kept clean for every showing so that it looks its best each and every time.
5. Hire an agent to represent you. The right agent will position you to the market, market your property on your behalf, and maximize your exposure so that you can get the most money in the shortest amount of time.

I do recommend that you call us and schedule a home-improvement walk-through—we’ll walk through the property and make suggestions about what you should or should not do in order to increase your chances of selling your home.

Give us a call or shoot us an email, and we’d be happy to visit with you. We look forward to talking with you soon.

Are You Interested in a Career in Real Estate?

Our team has an opening that we’re looking to fill, so we’re reaching out to you to see if you’re interested.

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After 19 years of being in the real estate business and enjoying your continued support here in Gilbert, I’m proud to announce we have an opening on our team we’re looking to fill.

We’re reaching out to you first, so if you or someone you know is interested in a career in real estate or already works in the industry and wants to take their career to the next level, don’t hesitate to send us an email so we can set up an appointment.

We’d be happy to sit down with you and talk about what we have to offer. We are one of the top real estate teams in the nation, and we’ve been nationally ranked for 19 years in a row.

If you have any questions about this opportunity, feel free to reach out to us. We look forward to hearing from you!