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4 Luxury Home Trends You Probably Don’t Know

When it comes to luxury homes, buyers typically have certain assumptions before visiting a property: quality, class, and modern convenience. And along with those factors, buyers can usually also expect a higher price when shopping for a luxury home in Redlands, CA.

But as the times change, so do definitions of luxury, and some modern home trends reflect a society that is connected, green, and high-tech. These are four little-known luxury home trends that can help Redlands home sellers set their property apart.

Eco-Friendly

Particularly in a state like California, the more water and energy-efficient your home is, the better for your surrounding environment. From green roofs to turf lawns, environmentally friendly home amenities will always be attractive to buyers.

Elaborate Kitchens

Kitchen styles in luxury homes tend to be extreme: minimalist or baroque. But whatever your specific look, the current trend is to turn your kitchen into its own entertainment area, so you can cook for friends or family without needing to be in a separate room.

Recreation Spots

You may have a tennis court or a putting green in your backyard, but do you have an ice rink? From basketball to soccer, more and more luxury homeowners are installing full-scale sports facilities for entertainment at home. When selling your home, see if there are areas on your property that could be used for this purpose — you may be able to attract new buyers with your ideas.

Super Security

Your iPhone can be accessed using your fingerprint or face, now your home can too. From important areas within your house to general access, ensure that no one unknown gets in. Potential buyers of luxury homes in Redlands will be enticed by high-tech biometric security.

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5 Essential Techniques To Conquer Negotiations When Selling A Luxury Home In Redlands, CA

When selling a luxury home in a desirable area like Redlands, CA, it’s not unusual to receive an offer quickly. In fact, you may receive several offers.

But once you get those offers, it’s time to enter negotiations, and this is, unfortunately, one of the areas that sellers tend to get confused — which can have disastrous consequences for a sale. Knowing these five techniques will help your experience selling real estate in Redlands be successful.

1. Listen To Your Agent

The single most important thing to do during negotiations is to trust and listen to your real estate agent. They should be the principal negotiators as they’ll know your home — without the emotional baggage.

2. There’s No Crying In Real Estate

Speaking of, emotion can be fatal to your home sale if it goes unchecked. You’re seeing your home through one lens, the buyer will see it through their own. Don’t be swayed by irrelevant emotions when it comes to considering who should buy your home.

3. Know Your Stuff

You don’t want to agree to certain contingencies that require you to fix parts of your home without knowing if — and how much — that damage extends. Having a home inspection before listing your property will help you prepare for what to agree to and avoid during negotiations.

4. Pick Your Battles

If the seller insists upon an upgrade that will only cost you a few thousand dollars, give it to them to avoid risking the sale. But don’t give into buyer asks just because you feel like you have to. Unless your real estate agent advises you to accept a particular concession, don’t agree to it.

5. NEVER Go Direct

Don’t talk to the buyer during negotiations, whether they call you or write you a letter. At best, they’re using emotions to sway your decision; at worst, they’re hoping you’ll spill something that will drop their price. Always let your agent be the one who goes between you.

 

 

About Us

Redlands California Homes for sale is run by Results Group. Jessica, Alan, and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

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Why Your Redlands, CA Luxury Home Isn’t Selling

One of the hardest parts of selling a home is watching the days elapse; the longer your home is on the market, the lower the chance it will sell for your price. And if you’ve bought a new house before selling your older one, you may be feeling the pinch of carrying two mortgages.

When selling a home in Redlands, CA, you have the advantage of a pleasant climate, a robust market, and proximity to Southern California’s cities to draw in buyers — so why is your home not selling?

You Are Asking Too Much

If you haven’t received a bite and your home has been sitting on the market, it’s almost a guarantee your price is too high. You could have been caught in a market change and missed the higher-price buyers of your neighbors. Or worse, you’ve disregarded the advice of your real estate agent, whose job it is to read the market and price your home accordingly.

You’re Not Looking At Local Sales Prices

If you’re basing your market understanding on current listing prices for homes nearby, you’re not getting accurate data about what someone actually paid. Start tracking local sales prices in your area and compare them to the original listing price and to your price — is that information what you thought it would be?

It’s Not Presenting Well

So your home is the same size and age of other sold homes nearby, and yet it’s still sitting there. It might be time to do some upgrades to landscaping and your home’s exterior to boost curb appeal. And make sure the interior of your house is clean and neutral, but modern enough to help buyers imagine themselves in it.

It’s equally important to use high-quality, professional photos for any of your home’s marketing information. Your real estate agent will be able to help guide you towards images that present your home in its best light.

 

About Us

Redlands California Homes for sale is run by Results Group. Jessica, Alan, and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

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What To Consider Before Buying A Second Home in Redlands, CA

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When you want a second home somewhere that transports you out of the city — without the distance — then Redlands, CA is a perfect place to start your search. You’ll be able to escape the hustle and bustle in a quick drive from Southern California’s metropolitan areas.

If you’re ready to search for a second home in Redlands, ask yourself these four questions before you get started.

1. Is Your Goal To Get Away?

People typically buy a second home for one of two reasons: as a vacation home, or as an income-producer. If your goal is to be close to the mountains and the desert air, then Redlands is an ideal destination.

2. How Much Home Can You Afford?

If you’re planning on getting a mortgage for your second home, start the process as early as possible so you know how much home you can actually afford. Be sure to factor in maintenance costs and taxes when evaluating a property’s total price.

3. Do You Have A Local Real Estate Agent?

If you don’t live in the area of your home search, it’s essential that you have a real estate agent that specializes in luxury home sales in Redlands. They can help you understand the market and what your likely cost options are, and will be an indispensable resource to help you find everything you need for your second home.

4. Can You Get There Quickly?

You don’t want a vacation home that is too far away from where you live, or you’ll find yourself using it less than you may have hoped. Being close to your second home is also vital to maintain systems and keep an eye on your property’s condition. Whether you want to pay for a full-time property manager or not, when you can be onsite, you can better evaluate problems and potential solutions. That’s why Redlands, only an hour’s drive from Los Angeles and two from San Diego, is an attractive alternative for a vacation home you’ll actually use.

 

About Us

Redlands California Homes for sale is run by Results Group. Jessica, Alan, and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

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Is It Worth Having An Open House For Your Redlands, CA Luxury Property

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To hold an open house or not? The question has plagued home sellers and real estate agents for ages.

An open house can seem like a no-brainer, but it can also be a security risk for owners of luxury homes in Redlands, CA. Do you open up your home to anyone who can walk in or do you stick with scheduled walkthroughs with your real estate agent?

There are reasons both to hold an open house and not to — which is the right decision for your sale?

Pro: Buyers Expect Them

Not every potential buyer wants to see your home for the first time through the eyes of a real estate agent, which is why the casual nature of open houses tends to attract buyers in the first place. If a buyer starts their search by looking at open houses, you won’t get your property in front of their eyes without one.

Con: You Don’t Know Levels Of Interest

A problem with open houses is that there is no guarantee that everyone who visits wants to or can buy your luxury home. You’re giving up a weekend day or weekday night at home to allow strangers to come in, without knowing whether they’re actually interested in buying.

Pro: Potentially Faster Sales

Open houses are typically held within a week or two of a property’s listing, which means you can draw attention to your home without waiting for the right eyes to find it. That means you could close the deal quickly if someone sees just what they like in your home.

Con: Potential Security Issues

For luxury homeowners, an open house can mean disrupting everything. You don’t want any valuables on hand and visible to strangers, and you also may not want to worry about potential damage to things like art or furniture. What happens if someone’s elbow goes through your Frank Stella?

 

About Us

Redlands California Homes for sale is run by Results Group. Jessica, Alan, and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

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Should You Buy A Luxury Home In Redlands, CA Before Selling Yours?

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One of the hardest questions for home sellers is whether or not they should purchase a home before selling the one they have. What if someone bites when you first list your home for sale?

The truth is, there is no right answer for whether you should buy a home right away or not, as the decision will be based on your own unique circumstances and local market. However, if you’ve been unsure of how to proceed, these guidelines can help you determine whether you need a home right now, or if you’re willing to wait for the right one.

Are Your Finances In Order?

If you haven’t sold your property and don’t have cash on hand to buy a new one, you’ll need a mortgage, so your first steps should be seeing what you qualify for. Typically, you’ll need an excellent credit score and steady income just to qualify — then you’ll need to come up with the down payment.

Can You Cover The Down Payment?

Waiting until after you sell your home can make this lump sum much easier to part with, so you’ll need to have plenty of cash on hand should you wish to buy before you sell. Most lenders will ask for 20% down, so make sure you’re not getting into a potential bind financially, particularly when looking at higher-priced luxury real estate.

How Is Your Local Market?

When you buy a home before selling your current one, you’re counting on the sale going through. In a healthy market, like Southern California’s, you have a pretty good guarantee of a fast deal for a luxury property, but if your local market is slowing down or quiet, you could get into trouble.

Can You Afford Two Properties?

You can’t stop maintaining a property that’s up for sale, so you have to be sure that you can comfortably cover the cost of two properties before you make a move. Not to mention, staging an empty property can be in your favor, but having basic furnishings also helps a home seem more livable for prospective buyers. Will you take all of your furnishings with you before you sell?

About Us

Redlands California Homes for sale is run by Results Group. Jessica, Alan, and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

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How To Boost Your Redlands, CA Home’s Appraised Value

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Are you thinking of putting your Redlands, CA home up for sale?

If so, one of your primary interests is going to be getting the most money you can out of the sale. But pricing your home isn’t just a matter of choosing a number you like; it requires the help of an experienced real estate agent who can help you justify your price with nearby comparable sales and market activity.

But another concern of home sellers is ensuring that the listing price is close enough to the home’s appraised value so that potential buyers can qualify for a mortgage when needed. You can’t change your home’s location, so how can you boost your home’s appraised value?

Clean, Complete Repairs, and Make Replacements

An appraiser isn’t going to spend all day looking at the details of your home, but they are going to take in the general picture when factoring their value. Missing tiles in the shower or have a floor that shows its age and wear and tear? Make these simple fixes, and the appraiser will see a home that deserves its value.

Along with this, the cleaner your home is when the appraiser visits, the better it will look and the higher your valuation. Curb appeal goes far in the eyes of both buyers and appraisers.

Give Them The Right Information

During the appraiser’s visit you probably won’t have time to go through all the repairs and replacements you’ve made since living in the house, so create a list that they can take with them that entails all the work that’s been completed. List dates, contractors used, and even include costs to show that the job done was high-quality and meant to last.

Ask Questions

If this is your first appraisal, it’s never a bad idea to ask questions that you may have about the process, as this can be another way of drawing the appraiser’s attention to your home’s best attributes. Something as simple as “does replacing kitchen appliances, as we’ve done, affect the home’s valuation?” will help you learn valuable information while ensuring your home gets the right attention.

 

 

About Us

Redlands California Homes for sale is run by Results Group. Jessica, Alan, and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

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Are Bidding Wars Good For Sellers Of Luxury Homes?

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When your home is for sale, there’s nothing better than having multiple buyers expressing serious interest. You know one of them is going to come out on top, right?

While it seems like a bidding war would be a good thing for sellers of luxury homes in Redlands, CA — and it often can be — no sale is guaranteed until closing, which means multiple bidders can sometimes leave you empty-handed.

If you get lots of interest on your home, it’s best to protect yourself right off the bat from any potential setbacks due to competing bidders. Your real estate agent will be a tremendous asset during this period, but you can make sure you’re the one who comes out on top by taking these precautionary measures.

The Highest Price Does Not Equal The Best Deal

The benefit of a bidding war is that the numbers keep going up, but that doesn’t mean the highest price is the best offer. In fact, the highest bidders are often doing so because they are including other caveats, such as:

  • Contingencies
  • Clauses and language allowing for them to back out
  • No guarantee that funding can be lined up

Be Careful With Emotions

A relatively new step some buyers are adding to the process is sending homeowners letters about themselves and why they’d be a good fit for the home. In theory, this is a great way to single out who cares about buying your home and thus will be more likely to follow through with the deal. The problem is, if you’re already emotional about selling, you may be more susceptible to being swayed by a letter than you are about the right deal.

Stop While You’re Ahead

As bidders keep the price going up, you also have to know when to stop looking for more. If you get multiple bids on your home, you may request another round of offers. But if you come back again for a third round, you run the risk of buyers giving up and losing their interest altogether.

So What Makes A Good Deal?

While price will always be a factor in accepting an offer on your home, the other elements that can determine whether the deal is a good one include:

  • Bank preapproval letters/financing secured
  • Enthusiasm about the home and quick response to requests
  • Flexibility on contingencies and other clauses

 

 

About Us

Redlands California Homes for sale is run by Results Group. Jessica, Alan, and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

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Is Your Credit Score Keeping You From Qualifying For A Mortgage?

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Your credit score is one of the most important factors when it comes to being approved by a lender for a mortgage. If it’s too low, you’ll be flat-out rejected, but if it’s not high enough you won’t have access to the lowest rates and best terms.

But there are multiple types of credit scores: which one are lenders looking at when looking at your mortgage loan application? Your scores will be pulled from all three credit bureaus, Equifax, Experian, and TransUnion, each of which uses a different version of the traditional FICO® scoring method.

The good news is, you can check your scores via each of the bureaus’ websites before you apply for a mortgage, but it won’t be free. While you are entitled to a free credit report from each bureau each year, you’ll need to pay to access your actual scores.

Keep in mind that because scoring models used by each bureau are different, and because some lenders may only report to a specific bureau, your score may look different at each one. When this happens, lenders will typically look at the middle number of the three.

The bulk of mortgages issued are conventional loans, in which most lenders are going to expect a score of at least 620 for approval. But that’s the minimum credit score needed, so you won’t get access to the lowest rates; for that, you’ll need a score of 740 or higher.

But there are also FHA loans which are designed to have an easier qualification process for home buyers. With an FHA loan, you’ll need a credit score of at least 500 to qualify for a loan with a 10% down payment, whereas a score of 580 or higher can get you access to a down payment of only 3.5%.

 

About US

Redlands California Homes for sale is run by Results Group. Jessica, Alan and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general  in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.

 

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Interest Rate Rises: What This Means For Your Mortgage Prospects

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It’s that time again: the Federal interest rate is on the rise and showing signs of continuing to do so before the year ends.

So far, the Fed has focused mostly on raises to short-term interest rates, which includes things like credit cards. For the most part, rates for mortgages have been left to a slower climb.

But that is likely to change.

What steps should you take if you plan on taking out a mortgage in the near future? Is now the time to make a move – literally?

You won’t see much immediate change with mortgage rates.

While rates for mortgages are going up, they’re not tied to short-term Fed rate changes, so you won’t see as much of a difference in your interest rate. Taking out a mortgage now is a good idea if you want to lock in current rates and you have the security and means to do so. However, think carefully about fixed-rate vs. adjustable mortgages during this time. A fixed rate will lock you into current terms, which aren’t too bad, but an adjustable rate mortgage can leave you susceptible for the rises that we know are coming. On the other hand, an adjustable rate will let you take advantage of the dips that tend to follow rapid rate raises.

Make sure you have job security.

A side effect of rising rates is a slow-down in many business sectors. Companies tend to downsize or freeze hiring practices given the new costs of doing business. If you’re not entirely confident that your income source is secure, now might not be the right time to take on a mortgage.

It’s not a great time for home equity loans.

While your rising credit card interest rate may be causing concern about debt, taking out a home equity loan at a period like this can mean you’re getting yourself right back into a situation of debt. The Fed has made it clear that higher rates are coming, so focus on paying off your debt without taking on a new one.

 

About US

Redlands California Homes for sale is run by Results Group. Jessica, Alan and Justin have been part of this community since birth for some of them. If you are looking to sell a home, buy a home or just have questions about real estate in general  in and around Redlands California such as Highland, San Bernardino, Yucaipa, Calimesa, Cherry Valley, Beaumont, Hinda, Moreno Valley, Bloomington or surrounding area, contact us at (909) 345-0909 or email us here. One call is all it will take for you to understand why we have top reviews and provide a zero pressure approach to real estate. Have an expert for all your Redlands California Homes for Sale and area for your real estate needs. Learn More About Us here.