For all of your Real Estate needs contact Colleen Pearsall
Broker/Owner at Pearsall Properties Inc.
It seems to be universally accepted that home staging will help your home sell faster or for the best price—it’s been the common practice in the real estate business for a long time, and on the surface it seems like a no-brainer. Of course potential buyers will be more interested if a home is properly decorated, right?
That’s not necessarily true, according to a recent academic study. The study surveyed 820 homebuyers by showing them one of six virtual tours of the same property. In some instances the home was decorated with traditional furniture and color schemes, while in others more eccentric furniture and colors were used. In other tours there was no furniture at all, just empty rooms.
The overall results of the study were that staging is unlikely to increase a home’s sale price, and that staging isn’t quite as important as everyone believes.
Of course, real estate trends vary greatly from market to market. If you have questions about staging, talk to your trusted real estate professional.
Here’s something every American consumer should remember to do every year, and I’m wondering if you’ve gotten around to it yet—requesting your no-cost credit reports from AnnualCreditReport.com.
This is the official website where you can access your complimentary reports from the three credit bureaus once every 12 months. Several similar sites may come with a price.
Errors on credit reports are probably more common than you think, and many will be discovered only by reviewing your reports closely. I hope you’ll take time to check yours out today.
And of course, if you have questions about credit and home financing, would like to refer a friend or family member, or even just want to say hi, please reach out using the contact info below.
I'm truly happy to assist and thank you for your business.
We at Pearsall Properties are here to help homeowners in the Cape Coral Fort Myers area with flood information on their homes. If you are buying or selling a home in Cape Coral or buying or selling a home in Fort Myers this could be useful information for you and your family.
Lee County provides Flood Insurance Rate Map information that is required for a National Flood Insurance Program. They also offer flood protection assistance about your structure or parcel, and this may include a site visit. Some jurisdictions may also send you a “FIRM” letter listing both the required information and additional information including:
All FIRM panel information;
Flood zone and base flood elevation, presence of floodway or COBRA/OPA zone
Coastal High Hazard Area, Coastal Building Zone, Windspeed Building Risk Category
Watershed identification and related issues
Grade elevation and issues related to the difference between grade and BFE.
Everyone can access basic FIRM information through an online search by address, owner or STRAP number at http://leegis.leegov.com/floodzone
Additional flood hazard research specific to a parcel can be done at http://leegis.leegov.com/leespins
Know the flood warning systems, protect investment in property and contents with flood insurance.
Ask your community floodplain manager about flood protection assistance
Obey hurricane evacuation notices
Before you remodel, learn about flood regulations and building codes
Report blocked ditches, swales and canals to your jurisdiction
Get a print or online copy of the Lee County All-Hazard Guide
Here are some other helpful websites.
FEMA’s FloodSmart site: www.floodsmart.gov
Lee County Emergency Operations Center: www.leeEOC.com
Lee County Rain Gage Data: http://waterdata.usgs.gov/fl/nwis/
Love bacon? Don't miss the annual South Cape Baconfest on August 6th, when 12 locations battle to serve up the best bacon themed appetizer, bacon themed drink and best overall bacon experience. The event runs from 7-11pm.Your $25 advance ticket grants you access to SCHEA's exclusive trolleys. You'll ride them along a designated route, stopping at 12 locations to enjoy bacon-themed drink and appetizer samples. As always, you'll meet lots of great people and discover cool places in South Cape. You can also win cool prizes on the trolleys by answering fun trivia questions. You'll also vote on who deserves the coveted awards for bacon-themed drinks, appetizers and overall experience. Participating Locations: BackStreets Sports Bar (Jalapeno Bacon Margarita & BLT dip) Cape Coral Brewing Co (Yacht Club Cream Ale & candied bacon bites) Cruiser's Lounge (Cruisers Juice Bar & Quiche Lorraine) Dixie Roadhouse (Dixie Breakfast & bourbon candied bacon) Monkey Bar & Steakhouse (Grape Neon Punch & bacon mac and cheese) Noela Chocolate (Wicked Rum Punch w/ Coconut Bacon Salt & candied bacon bark) Paradise Pizza & Parlor (AmberBock & bacon pizza) Rack'em Billiards (When Pigs Fly: bourbon, ginger ale & bacon syrup & Piggly Wiggly: mini sausage in bacon syrup) Ralph's Place (Killer Punch & bacon wrapped sweet and spicy jalapeno peppers) Tiki Hut @ Dolphin Key Resort (Bacon Bluddy Mary & BLT) Tubby's City Hangout (Miss Piggy Punch & bacon parmesan popcorn) Two Amigos Bar & Grill (Mexican Breeze & bacon wrapped shrimp) Always a sell-out, this event is limited to 1,200 attendees. You can purchase tickets at any of the participating locations or online. Note: Designated driver tickets are available only at BackStreets Sports Bar. If any remain on the day of the event, they will be available only at check-in booths. Check-in booths for this event are open from 6pm to 7:30pm. Booths are located at Big John Plaza (near Pinch-a-Penny) and Club Square (near center square). Late check-in is available at Dixie Roadhouse or Cruiser's Lounge. For all of your Real Estate needs contact Colleen Pearsall Broker/Owner at Pearsall Properties Inc. www.pearsallproperties.com firstname.lastname@example.org 239-458-5566
Your $25 advance ticket grants you access to SCHEA's exclusive trolleys. You'll ride them along a designated route, stopping at 12 locations to enjoy bacon-themed drink and appetizer samples. As always, you'll meet lots of great people and discover cool places in South Cape. You can also win cool prizes on the trolleys by answering fun trivia questions.
You'll also vote on who deserves the coveted awards for bacon-themed drinks, appetizers and overall experience.
Always a sell-out, this event is limited to 1,200 attendees. You can purchase tickets at any of the participating locations or online.
Note: Designated driver tickets are available only at BackStreets Sports Bar. If any remain on the day of the event, they will be available only at check-in booths.
Check-in booths for this event are open from 6pm to 7:30pm. Booths are located at Big John Plaza (near Pinch-a-Penny) and Club Square (near center square). Late check-in is available at Dixie Roadhouse or Cruiser's Lounge.
Pokemon has hit Cape Coral. Don't miss your chance to be part of the Pokemon Go phenomenon. The South Cape Pokemon Go Crawl takes place on August 27, 2016. This unique event runs all day
Mark your calendars!
NEW YORK – June 10, 2016 – In 2004, millions of homeowners tapped into the equity of their homes through low-interest – or no interest – home equity lines of credit (HELOC). Their 10-year grace periods are now done and they've had to start paying. And that's why HELOC delinquencies are now suddenly soaring.
In March, second-lien HELOC delinquencies – the number of homeowners who are behind on this second mortgage – climbed 87 percent compared to a year ago, Black Knight Financial Services' reports.
Delinquencies may continue to climb, and those homeowners who cannot make the increased HELOC payments or refinance could find themselves facing foreclosure.
HELOCs taken out in 2005, 2006 and 2007 comprise 52 percent of all active lines of credit. In 2005, there were about 850,000 home equity lines; in 2006 and 2007, it was 1.25 million. The grand financial total from just those three years: $192 billion.
The recent increase in HELOC delinquencies is the first annual increase since June 2012, Black Knight notes. An 87 percent spike in delinquencies among 2005 HELOCs over the past 12 months has been attributed to most of the recent spike.
Source: Black Knight Financial Services and "A Decade After the Bubble, Home-Equity Line Delinquencies Jump," MarketWatch (June 6, 2016)
© Copyright 2016 INFORMATION, INC. Bethesda, MD (301) 215-4688
Technology has made it easier than ever to bring your home decor ideas to reality. There are countless smartphone apps that help you plan a space or do some valuable comparative shopping. Here are five apps to use on your next decorating project. Most are available on both iOS and Android devices.
1. Color Capture: Ever see a color that would make for a perfect paint scheme? Benjamin Moore’s Color Capture app allows you to take a photo of anything and instantly get a matching paint color.
2. iHandyLevel: Hanging photos and artwork? Rather than searching through your toolbox for a level, you can use something that’s already in your pocket: Your phone. The iHandyLevel app functions just as well as a dedicated level, turning your phone into the ultimate picture-hanging companion.
3. LikeThatDecor: Let’s say you see the perfect Chesterfield sofa in a coffee shop, and you want to see where you could get one of your own. Use the LikeThatDecor app to take a photo of furniture and instantly see similar items from dozens of retailers.
4. IKEA Catalog: Forget about the nightmare of navigating the parking garage, showroom, and warehouse at your nearest IKEA. The IKEA Catalog app allows you to virtually place furniture in a room. If only there was an app for easy IKEA assembly!
5. DesignSponge: DesignSponge is one of the best DIY and home decor websites out there. Now there’s an app that makes it easy to access all of their awesome content on your smartphone.
Budgeting for buying a home can be difficult enough when you’re just weighing mortgage options and a purchase price. But there are many other factors that go into the cost of home ownership. Some of them are one-time expenses that you’ll pay during the home buying process, while others will be recurring costs for as long as you own the home.
Closing costs There are several smaller fees that add up to a rather large sum when you’re going through the closing process—loan fees, attorney fees, underwriting fees, and more. They typically add up to 2–5% of the purchase price. For a $300,000 home—roughly the national median—that’s in the neighborhood of $10,000, so be sure to budget for it.
Appraisal Your lender will require an appraisal, and the appraisal fee (a few hundred dollars) comes out of your pocket.
Inspection The few hundred dollars you’ll pay for a home inspection is money well spent, but it’s something you have to keep in mind during the purchase process. You’ll have the peace of mind of knowing the house is free from any major issues, and you’re making a smart, solid investment.
Insurance Although homeowners insurance isn’t legally required, it’ll almost certainly be required by your lender. Further insurance, such as flood insurance, may also be required (depending on your location).
Home Owners Association If you’re living in a property or community with shared spaces, you’ll almost certainly have an HOA fee. This pays for things like trash removal, maintenance of common areas, and for recreational facilities like gyms and swimming pools.
NEW YORK – Feb. 3, 2016 – Where should real estate investors put their money in 2016? Forbes teamed up with North Carolina-based data company Local Market Monitor to produce its list of 2016 Best Buy Cities – the top 20 housing markets to invest in this year – and Florida dominates the list.
According to Forbes, Florida offers good values "where investors get the best bang for their housing buck, and where aspiring homeowners have the best prospects of making an economically sound purchase."
Orlando took second place and was followed by six other Sunshine State cities. Among them, average home prices are highest in West Palm Beach (No. 19) at $285,000 and lowest in Tampa (No. 14) at $193,000. The averages, though, have been accelerating at a rate of 9 percent to 14 percent in all the Florida cities.
Florida's domination of the list makes a lot of sense in light of the national economic recovery, says Ingo Winzer, founder and president of Local Market Monitor. "Since the national economy has stabilized and is growing again, the factors that prompt people to go to Florida have recovered," he reasons.
"Best-buy" markets for 2016 housing
1. Grand Rapids
2. Orlando, Florida
3. San Antonio, Texas
4. Charlotte, North Carolina
5. Salt Lake City
7. Austin, Texas
8. Fort Lauderdale, Florida
10. Cape Coral, Florida
12. North Port, Florida
13. Nashville, Tennessee
14. Tampa, Florida
15. Charleston, South Carolina
16. Denver, Colorado
17. Madison, Wisconsin
18. Jacksonville, Florida
19. West Palm Beach, Florida
20. Boise, Idaho
Forbes' full list is also posted online.
Buying a home is exciting. You saved for the down payment, scheduled the move, and are dreaming of planting new roots. Closing is right around the corner… unless a scammer gets your settlement fees first.
The Federal Trade Commission and the National Association of Realtors® are warning home buyers about an email and money wiring scam. Hackers have been breaking into some consumers’ and real estate professionals’ email accounts to get information about upcoming real estate transactions. After figuring out the closing dates, the hacker sends an email to the buyer, posing as the real estate professional or title company. The bogus email says there has been a last minute change to the wiring instructions, and tells the buyer to wire closing costs to a different account. But it’s the scammer’s account. If the buyer takes the bait, their bank account could be cleared out in a matter of minutes. Often, that’s money the buyer will never see again.
If you’re buying a home and get an email with money-wiring instructions, STOP. Email is not a secure way to send financial information, and your real estate professional or title company should know that. If it’s a phishing email, report it to the FTC.
Here are some ideas to help you avoid phishing scams:
Learn more about protecting yourself from phishing and what to do if your email is hacked. If you gave your information to a scammer, visit IdentityTheft.gov.
Saturday, March 26th
Big John's Plaza from 1-5PM
Pick up your tickets at No. 3 Craft Brew & Beer Bar, BackStreets Sports Bar, Dixie Roadhouse, Ralph's Place or buy them online right now
This Saturday, the parking lot of Big John's Plaza will be transformed into a craft beer connoisseur's and casual beer drinker's dream as the South Cape Hospitality and Entertainment Association teams up with Nevermind Awesome Bar & Eatery to host its inaugural South Cape Craft Beer & Busking Festival.
Known for their popular trolley and themed events, this weekend's event is something of a departure for SCHEA, "We are always looking for something different. With the popularity of craft beers and the recent opening of craft beer related businesses in the South Cape, we thought it was a perfect addition to our lineup," says SCHEA board member and Dixie Roadhouse general partner Lynn Pippenger.
To help prepare our readers for this weekend's event, below is all "You Need To Know" about the South Cape Craft Beer & Busking Festival.Musicians scheduled to perform are:
Closed Cape Coral Fort Myers Sales are done 12.5% from the
previous year with 825 Single Family for 2016 vs 943 in 2015. Pending
sales are also down by 12.1% which represents 1325 pending Cape Coral houses
for 2106 compared to 1508 for 2015.
Crazy as that is prices are still up by 11.6%. However
active Cape Coral Fort Myers listings have increased by 5.4% from 5909 Cape
Coral Fort Myers listings for 2016 when there were only 5607 in the same period
of 2015. The market has definitely slowed.
For all of your Real Estate
needs contact Colleen Pearsall
Pearsall Properties Inc.