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June is National Homeownership Month!

by Desi Sowers

Some Highlights:

Paying rent is not a good investment, but owning is a great way to start building family wealth.

Not only does homeownership allow you to provide your children with great education, but you can also decide whether or not your child grows up with a pet.

Owning a home provides you with tax benefits while also providing you with more living space to move around in.

View the Tour

Welcome to Senneca Springs in Christiansburg VA where homes are tailored to suit the taste and lifestyle of anyone who loves low maintenance living. Senneca Springs HOA features lawn maintenance, snow removal, playground, walking trail, pond, picnic shelter and common area maintenance. Only 7 minutes from Blacksburg, with the charm of country living and a small town feel, yet within close proximity to major employment centers, shopping and recreation.


You don’t have to just visit; you can live here and enjoy Virginia’s growing economy and vacation-like lifestyle! With easy access to I-81 you can appreciate a prime example of why New River Valley VA is such a desired place to live and play. This Christiansburg VA home is just steps to shopping, nightlife, VA Tech and recreational activities.


Desi Sowers has distinguished herself as a leader in the New River Valley real estate market. Desi assists buyers looking for New River Valley real estate for sale and aggressively markets New River Valley homes for sale.


Desi brings with her a keen eye for the details of buying or selling a New River Valley home and seemingly boundless determination and energy, which is why her clients benefit from her unique brand of real estate service. Rooted in Tradition, Focused on the Future – Desi Sowers will help make the most of your New River Valley real estate experience. Give her a call today, 540-320-1328, and discover the difference she can make during your family's move.
 

Spring cleaning: 6 areas to repair, replace and refresh

by Desi Sowers

(BPT) - Spring is one of the most popular times of year to clean up your home inside and out, make renovations and take steps to ensure it operates efficiently for the rest of the year. But after the long winter months, the list of projects can pile up. This year, focus on six key areas to repair, replace and refresh around your house now — to avoid spending more time and money later.

1. Repair your roof and gutters. Inspect the roof to check for loose or cracked shingles. Also, be sure to look at indoor ceilings for any signs of water leakage and get started on repairs before more damage occurs. Take a look at the gutters to see if there are areas in need of repair as well, and tackle them now before there’s too much rain.

2. Repair and reseal your deck. Remove debris and sweep the deck clean. Fix broken or bent boards and pushed up nails. Choose a cleanser formulated for your deck surface — whether for wood or composite — and apply a new coat of sealer and stain. A local home improvement center can advise you on formulations for your particular needs.

3. Replace your furnace. As you make home upgrades, this is also a good time to upgrade your furnace for greater home comfort and lower energy bills. For example, American Standard Heating & Air Conditioning’s Gold S9V2 Gas Furnace is extremely efficient in heating your home and offers quiet operation. Standing at just 34 inches high by 17-1/2 inches wide, it’s compact enough to fit in tight spaces, like a closet or basement. And with a 96 percent gas efficiency (AFUE) rating, it’s one of the most efficient furnaces on the market.  

4. Replace windows and doors. Older windows can let unwanted air and moisture into your home. Installing newer, more efficient models will not only save money on cooling in summer and heating in winter, but they can bring the look of your home up to date. Replacing your front door in a great color and style can also add to your home’s efficiency and instantly add curb appeal.

5. Refresh with paint. There’s nothing like a new coat of paint to transform and update the look of a home. It’s also one of the easiest and most economical home improvement projects you can undertake. Check out your local paint store for ideas and suggestions to help you visualize your home in fresh new colors.

6. Refresh your indoor air. The spring and fall months can trigger allergies, so consider adding an indoor air cleaner. An American Standard AccuClean whole-home system, for instance, can remove up to 99.98 percent of airborne particles and allergens such as pollen, dust mites, mildew, pet hair and dander and fungus and bacteria, so everyone in your home can breathe easier.

Lastly, renew your commitment to home maintenance by creating a yearly schedule of home projects. Mark your calendar with target dates to remind yourself to complete key tasks — including what to focus on for the next season, before the colder months arrive.  

 

How To Get The Most Money When Selling Your House

by Desi Sowers


 

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible.

1. Price it a LITTLE LOW

This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In actuality, this just dramatically lessens the demand for your house (see chart below).

How To Get The Most Money When Selling Your House | Simplifying The Market

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. In that way, the seller will not be fighting with a buyer over the price, but instead will have multiple buyers fighting with each other over the house.

Realtor.com, gives this advice:

“Aim to price your property at or just slightly below the going rate. Today’s buyers are highly informed, so if they sense they’re getting a deal, they’re likely to bid up a property that’s slightly underpriced, especially in areas with low inventory.”

2. Use a Real Estate Professional

This too may seem counter intuitive. The seller may think they would net more money if they didn’t have to pay a real estate commission. With this being said, studies have shown that homes typically sell for more money when handled by a real estate professional.

Research posted by the Economists’ Outlook Blog revealed that:

“The median selling price for all FSBO homes was $210,000 last year. When the buyer knew the seller in FSBO sales, the number sinks to the median selling price of $151,900. However, homes that were sold with the assistance of an agent had a median selling price of $249,000 – nearly $40,000 more for the typical home sale.”

How To Get The Most Money When Selling Your House | Simplifying The Market

Bottom Line

Price your house at or slightly below the current market value and hire a professional. That will guarantee you maximize the price you get for your house.

 

By The KCM Crew March 2016

Four steps to protect your home from winter water damage

by Desi Sowers

(BPT) - Rain, sleet, ice and snow — no matter what form it’s in, precipitation can lead to major winter damage resulting in many issues for home and business owners. Icy roads, ruptured pipes and ice dams are all complications brought on by winter water, and the threat may be even greater this season according to national weather predictions.

The National Oceanic and Atmospheric Administration is predicting this winter to be wetter-than-average in many parts of the country. Additionally, when you consider the threat of El Nino looming for certain regions, proper seasonal preparation is especially important this year.

“When it comes to winter weather, it pays to be prepared for the worst,” says Peter Duncanson, director, disaster restoration system development at ServiceMaster Restore. “Preparing now is important, as excessive precipitation combined with freezing or near-freezing temperatures can cause significant damage overnight.”

To protect yourself and your home from winter’s harshest weather, here are four must-do tips from the experts at ServiceMaster Restore.

* Understand your insurance policy. If something goes wrong at your house, you want to know you’re covered. That means now is the perfect time to review your insurance policy closely. As you do so, pay special attention to what is and is not specifically covered, as it applies to winter weather conditions. You may find gaps in your policy where additional coverage is needed.

* Keep your gutters flowing. Your gutters are one of your home’s most important defense mechanisms when it comes to water removal — but only if you keep them clean. Clear your gutters of debris as soon as possible and repair any leaks to ensure proper water flow. Keeping your gutters clear does more than just rid your home of excess water, it also stops the possibility of ice dams — a very expensive seasonal hazard. Once your gutters are clean, make sure your downspouts are clear of debris as well, and that they properly divert water several feet away from your home’s foundation.

* Fortify your foundation. Water damage to your home’s foundation can easily cost thousands of dollars so it’s worth your time to reinforce it in advance. Take a trip around your house and inspect the foundation for cracks or small holes where water can seep in. Even a few inches of water can damage your carpet, drywall, wood floors or the foundation itself.

* Prevent pipes from freezing. A frozen pipe that ruptures can be one of the most destructive winter water accidents. To protect against frozen pipes, insulate your home’s outdoor pipes with a faucet cover or even a towel. You should also ensure pipes that border an exterior wall are well insulated. This will keep the pipes warm and reduce their risk of bursting. On the coldest nights, it’s a good idea to open faucets a small amount, allowing water to drip into a drain to keep water moving through the pipe. You can also leave cabinet doors open underneath sinks to circulate air and protect against freezing.

Follow these four steps to help your home enter the spring nice and dry. To learn more about ServiceMaster Restore, visit ServiceMasterRestore.com.

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.

Answering the following 3 questions will help you determine if now is actually a good time for you to buy in today’s market.

1. Why am I buying a home in the first place?

This truly is the most important question to answer. Forget the finances for a minute. Why did you even begin to consider purchasing a home? For most, the reason has nothing to do with money.

A study by the Joint Center for Housing Studies at Harvard University reveals that the four major reasons people buy a home have nothing to do with money. They are:

  • A good place to raise children and for them to get a good education
  • A place where you and your family feel safe
  • More space for you and your family
  • Control of that space

What does owning a home mean to you? What non-financial benefits will you and your family gain from owning a home? The answer to that question should be the biggest reason you decide to purchase or not.

2. Where are home values headed?

According to the latest Home Price Index from CoreLogic, home values are projected to increase by 5.3% over the next 12 months.

What does that mean to you?

Simply put, if you are planning on buying a home that costs $250,000 today, that same home will cost you an additional $13,250 if you wait till next year. Your down payment will need to be higher as well to account for the higher home price.

3. Where are mortgage interest rates headed?

A buyer must be concerned about more than just prices. The ‘long term cost’ of a home can be dramatically impacted by even a small increase in mortgage rates.

The Mortgage Bankers Association (MBA), the National Association of Realtors and Freddie Mac have all projected that mortgage interest rates will increase by approximately three-quarters of a percent over the next twelve months as you can see in the chart below:

 

 

 

 

 

 

 

 

 

 

 

Bottom Line

Only you and your family will know for certain if now is right time to purchase a home. Answering these questions will help you make that decision.

by The KCM Crew on January 11, 2016 in For Buyers

 

5 DIY steps to help you stay warm and save money this winter

by Desi Sowers

(BPT) - With the dead of winter fast approaching, it’s never too soon (or late) to prepare your home for the cold months ahead. With the goal of keeping cold air out and warm air in, make sure you’re doing all you can to keep your family warm and your heating bills low.

Proper insulating and air sealing can help lower your energy bills by up to 30 percent, according to the Residential Energy Services Network (RESNET). Additionally, the average U.S. home has a half mile of gaps and cracks spread throughout, according to energystar.gov. If you’re seeing spiders, dust, cobwebs and feeling drafts or uneven room temperatures, your home likely has gaps and poor insulation. Here are five DIY air sealing steps to help keep your home comfortable during the frigid weather using insulating foam sealant:

1. Scope out the problem areas

Start by checking around doors and windows that lead outside or to the garage. Gaps around water and waste pipes often lead to exterior walls which can let in a lot of air. Don’t forget to look around in your basement and attic where you may find gaping joists, holes in wood or cracked blocks.

2. Take safety precautions

Before starting any DIY project, be sure to take the necessary safety precautions. Begin by reading and understanding all of the instructions on the foam sealant can for proper use and handling. Sealant is sticky and will adhere to your skin, so cover all skin.  At a minimum, you’ll need both gloves and long sleeves to cover your hands and arms, along with a pair of safety glasses. Protect the floor and surrounding area by laying down a ground cover and make certain the room has proper ventilation with no sparks or flames nearby.

3. Start with windows and doors

To seal the openings around windows and doors and their rough openings, find an entry point for the nozzle to spray the foam sealant, such as Great Stuff(tm) Window & Door Insulating Foam Sealant. Fill the cracks only about half way, because the foam will expand the rest of the way. Not only does this block out cold air, but it’ll help keep those unwanted bugs and spiders out of your home.

4. Move on to cracks in the foundation

Cracks in your home’s foundation tend to develop over time. It’s important to take action when you find them, to help prevent major damage down the road. Apply a water-resistant, air-tight sealant to any cracks you find in your basement or attic. Shake the sealant can and turn it upside down to begin filling. If you spray too much, wait for the sealant to cure, and after about eight hours when it is fully cured, level it with a serrated knife.

5. Seal off pipe penetrations

Pipes that penetrate floors and walls in your kitchen, bathroom and laundry room are prime areas for air flow and pests to sneak through. As a result, the space that surrounds the pipes should not be left wide open. Using a can of foam sealant, point the straw into the opening around the pipe and start sealing. Do not force foam into spaces or voids behind walls.

6. Safely store and dispose of cans

Most one-component insulating foam sealant cans are for one-time use so before you start, make sure you identify all the areas around your home that you can seal. Also be sure to follow all of the instructions on the product label for both storage and disposal. Disposal regulations for these types of products may differ from one location to the next. Because a sealant is pressurized it must be stored upright and at room temperature.

Follow these steps to help keep your home warm and cozy this winter. For more information and tips on winterizing your home visit: www.dowgreatstuff.com/winterize.

NAR Reports Reveal Two Reasons to Sell This Winter

by Desi Sowers

We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now is a great time to sell your house.

Let’s look at the data covered by the latest Pending Home Sales Report and Existing Home Sales Report.

THE PENDING HOME SALES REPORT

The report announced that pending home sales (homes going into contract) are up 3.9% over last year, and have increased year-over-year now for 14 consecutive months.

Lawrence Yun, NAR’s Chief Economist, expects demand to remain stable through the final two months of the year, and “forecasts existing-home sales to finish 2015 at a pace of 5.30 million – the highest since 2006.” 

Takeaway: Demand for housing will continue throughout the end of 2015 and into 2016. The seasonal slowdown often felt in the winter months hasn’t started and shows little signs of being near.

THE EXISTING HOME SALES REPORT

The most important data point revealed in the report was not sales but instead the inventory of homes on the market (supply). The report explained:

  • Total housing inventory decreased 2.3% to 2.14 million homes available for sale
  • That represents a 4.8-month supply at the current sales pace
  • Unsold inventory is 4.5% lower than a year ago

There were two more interesting comments made by Yun in the report:

1. "New and existing-home supply has struggled to improve, leading to few choices for buyers and no easement of the ongoing affordability concerns still prevalent in some markets."

In real estate, there is a guideline that often applies. When there is less than 6 months inventory available, we are in a sellers’ market and we will see appreciation. Between 6-7 months is a neutral market where prices will increase at the rate of inflation. More than 7 months inventory means we are in a buyers’ market and should expect depreciation in home values. As Yun notes, we are currently in a sellers’ market (prices still increasing).

2. "Unless sizeable supply gains occur for new and existing homes, prices and rents will continue to exceed wages into next year and hamstring a large pool of potential buyers trying to buy a home.” As rents and prices increase, potential buyers will not able to save as much for a down payment and many may become priced out of the market.

Takeaway: Inventory of homes for sale is still well below the 6 months needed for a normal market. Prices will continue to rise if a ‘sizeable’ supply does not enter the market. Take advantage of the ready willing and able buyers that are still out looking for your house.

Bottom Line

If you are going to sell, now may be the time.

Bright and Sunny Living Areas with an Incredible Master Suite!

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Sundrenched living areas and shaded decks beckons you to call this home sweet home. Situated on a quiet cul-de-sac lot 655 Betty drive is ready for move-in.  Offering big window views, hardwood floors, tiled floors,  ceramic tiled baths, custom countertops, recessed lighting, replacement windows, leaded glass entry door and low maintenance brick/vinyl siding. A lovely living room with bay window views is ready to welcome you home.  Kick back and relax in the bright family room with a stone gas log fireplace and woodsy views this is the place to chill. Easy access to the alluring deck offers inviting outdoor living space. An appetizing kitchen with designer tiled backsplash, tiled floors, smooth-top double oven, Stainless Steel refrigerator and a center island is sure to please.   Incredibly soothing master retreat on the lower level with a spa inspired bath including a large walk-in shower and soaking tub is sure to knock your socks off. Three cheerful bedrooms on the main level share a tiled bathroom. Roof and heat pump are 2 years young. Make this sweet home yours today!

You don’t have to just visit; you can live here and enjoy Virginia’s growing economy and vacation-like lifestyle! With easy access to I-81 you can appreciate a prime example of why New River Valley VA is such a desired place to live and play. This Radford VA home is just steps to shopping, nightlife, VA Tech and recreational activities.

Desi Sowers has distinguished herself as a leader in the New River Valley real estate market. Desi assists buyers looking for New River Valley real estate for sale and aggressively markets New River Valley homes for sale.

Desi brings with her a keen eye for the details of buying or selling a New River Valley home and seemingly boundless determination and energy, which is why her clients benefit from her unique brand of real estate service. Rooted in Tradition, Focused on the Future – Desi Sowers will help make the most of your New River Valley real estate experience. Give her a call today, 540-320-1328, and discover the difference she can make during your family's move.

Ultramodern Sleek Upgrades!

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An impressive sleek modern renovation awaits the lucky buyer of 640 Lyle Lane!  Trendy features including tiled floors, a gorgeous color palette, recessed lighting, innovative flooring, custom cabinets, updated light and plumbing fixtures and so much more adorn this remodeled Christiansburg home. A lovely living room with bay window views sets the scene for everyday comfortable living. The deliciously updated kitchen is sure to whet your appetite with a stainless steel appliance package, mosaic tiled backsplash, ceramic tiled floors, breakfast bar and a dazzling dining area. A lower level family room with a built serving bar is a thriving place to entertain a crowd! Slip out the French doors where the patio overlooks a large yard. Three generously sized bedrooms and two full stylish bathrooms are sure to please. Newer heat pump (2013), roof (2011) and new hot water heater add peace of mind to your investment. Shows like a magazine layout, make your appointment today!

You don’t have to just visit; you can live here and enjoy Virginia’s growing economy and vacation-like lifestyle! With easy access to I-81 you can appreciate a prime example of why New River Valley VA is such a desired place to live and play. This Radford VA home is just steps to shopping, nightlife, VA Tech and recreational activities.

Desi Sowers has distinguished herself as a leader in the New River Valley real estate market. Desi assists buyers looking for New River Valley real estate for sale and aggressively markets New River Valley homes for sale.

Desi brings with her a keen eye for the details of buying or selling a New River Valley home and seemingly boundless determination and energy, which is why her clients benefit from her unique brand of real estate service. Rooted in Tradition, Focused on the Future – Desi Sowers will help make the most of your New River Valley real estate experience. Give her a call today, 540-320-1328, and discover the difference she can make during your family's move.

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