February 10, 2012

Are you being eaten out of house & Home Simi Valley Termite Inspection?

Are you being eaten out of house & Home Simi Valley Termite Inspection?

Simi-Valley-Termite-repairs-dry-rotUnderstanding how a termite inspection will impact the sale of your Simi Valley Home is an important issue.  Early action can save you frustration and headache.  If you are planning to list your home, now is the time to get and inspection.  Inspections are cheap ranging form $75.00 to $100.00 depending on the company.  If you have a pest control service for regular pest control call you company and ask if they have a discount for inspection and any work they recommend.  If you do not have a termite company here are a few local companies you can call.

Simi Valley Termite Inspectors

Simi Valley Termite Company  (805) 522-4334

Gold Coast Termite & Pest Control (805) 526-1150

Zwaag Termite Control (805) 526-7040

Once you are in escrow, a termite inspection will be ordered if you did not do this prior to accepting an offer on your home.  Generally, unless otherwise agreed, the Seller will pay for a termite inspection and any corrective work that is outlined in the inspection report.  The repair cost will vary dependent upon what is found and the size of structure.  Fumigation is based off the cubic volume of the structure and other repairs can include replacing any wood damaged by wood destroying pests and wood destroying organisms (dry rot).  The inspection is limited to the accessible areas of the structure, which include the attic Simi-Valley-Termite-fumigation-dry-rotand the crawl space under a raised foundation home.  The inspector will look for moisture damage, dry rot and evidence of wood destroying pest activity.  The inspector will also look for a tag on the structure (usually located in the garage) of previous termite inspections.  A corrective list will be itemized in the report along with a cost to repair any damage found.  Older homes that have not been inspected in a long time can not only have physical repair, but also require fumigation, heat treatments or foam treatments.

Make sure to that anything stored up against the walls of your garage is moved back so the inspector can see the perimeter of the garage on the inside.

Here are some of the tell-tale areas you can check for in your home to see if termites and dry rot are about to run up a large repair bill.

  • Exterior paint on trim and siding.  If the paint is flaking and wearing away, exposed wood will be susceptible to wood destroying organisms such as dry rot.  Exposed wood needs to be scraped, sanded, primed and repainted.  Minor cracks in the wood should be filled with caulking or bondo before primer is applied.  Wood areas that are exposed to direct sunlight  for the longest hours of the day will show the biggest signs of paint failure.
  • Any wood touching dirt or grass will be a candidate for dry rot and termites.  Keep these areas well sealed with paint and try to control the moisture this wood may be exposed to.
  • Do not pile fire wood, yard trimmings, debSimi-Valley-Termite-treatment-dry-rotris or lumber up against the side of your home. This will create a perfect highway for termites and other insects to attack your home.
  • Look for piles of droppings near base-boards, window-sills, interior garage walls, exterior walls of the house.  Droppings are small, course, pepper-like pellets that can be reddish-brown in color.

Understanding Section 1 and Section Two repairs on your report.  Generally Section One covers any infestation of damage the inspector finds.  Repairs and treatment under this section are the responsibility of the seller.  Section Two are noted conditions that may lead to future infestation or damage.  These items are the responsibility of the buyer.

The above information is provided as a courtesy and is not all inclusive.  You should have your home inspected by a licensed professional termite company as you will not be able to identify all the areas of your home that may be affected by wood destroying pests and wood destroying organisms. The information contained herein is believed accurate. It is intended to provide general answers to general questions and is not intended as a substitute for individual legal advice. Advice in specific situations may differ depending upon a wide variety of factors. Therefore, readers with specific legal questions should seek the advice of an attorney

Simi Valley Home Owner Tip – Power Lines & Tree Trimming

Simi Valley Home Owner Tip – Power Lines & Tree Trimming

Who is responsible for trimming the trees near power lines?  What should you worry about?

Simi Valley home Owner TipsThe service lines that come from the pole to your home will be maintained by Southern California Edison; however bushes, plants and trees that interfere with those lines are the responsibility of the home owner.

What many home owners do not realize is that Edison will come and disconnect your service for FREE in the morning, so you can have trees trimmed or removed and then come back later in the day and hook you back up for FREE.  You will bear the cost of the tree trimming or removal, however many home owners mistakenly think there is a charge to have your service disconnected and try to have vegetation removed which can cause serious damage to your home if debris falls on or comes in contact with the service lines.  The weather head on your roof can be damaged and you would need to get an electrician out to fix it before Edison could restore your service.

The side benefit to all this is that in the case of my home the service lines were damaged by the trees and squirrels over the years and were in need of replacement.  While my service was dropped out for the tree removal, Edison came replaced the lines – new.  I was disconnected from the grid at 8:30 am and back online after the tree was removed at 12:30 pm.

A few ways to avoid all this as a home owner is

  1. Know your vegetation.  The tree in my yard planted by the prior owner was planted in the wrong place and was too big a tree for my yard.  Consult with an arborist before planting trees.
  2. Trees need regular pruning and trimming and cannot be allowed to grow on their own.  Consider the regular maintenance costs for large trees.
  3. Always call Edison first before doing any home improvement near the service line for advise on how to proceed and how Edison may help you.

10 Tips for Home Sellers

10 Tips for Home Sellers

I have been preaching this for years.  My CMA I give at each listing appointment has this information and yet it is hard to convince sellers of these vital points.  This short video was put together by non-real-estate related people for the www.howcast.com project.  If you are contemplating selling your home, this is definately worth watching.  If your home is for sale now, click the play button.

Simi Valley Moorpark Real Estate Market October 2008 Report – YTD Home Sales

Simi Valley Moorpark Real Estate Market October 2008 Report – YTD Home Sales

The following table contains the numbers for the Simi Valley Moorpark Real Estate housing market from January 1, 2008 through October 31, 2008.  Trending shows that the total number of homes for sale has decreased significantly since the beginning of the year.  Typically a tightening inventory creates advantages to the seller rather than the buyer and this has not been the case.  Tightened credit markets and trouble in the banking industry has made financing tougher.  While the number of homes sold on a monthly basis has been steady now since May, the bulk of that inventory has been in the lower end of pricing.

Activity – Single Family Detached Homes
Active Listings Simi Valley Moorpark
Active
# Units 447 138
Average List Price 577,632 886,337
Average Days Listed 93 91
Pending Sales in Escrow
# Units 93 17
Average List Price 447,376 549,883
Average Days on Market 70 57
Total Closed Sales for 2008
# Units 820 193
Average List Price 532,683 603,738
Average Sold Price 513,927 583,175
Average Days Listed 84 99
Average Closed Sales per month 82.0 19.3
Unsold Inventory Index (in months) 5.45 7.15
Activity – Single Family Attached Homes
Active Listings Simi Valley Moorpark
Active
# Units 115 44
Average List Price 338,400 367,164
Average Days Listed 118 74
Pending Sales in Escrow
# Units 33 67
Average List Price 286,816 303,114
Average Days on Market 69 55
Total Closed Sales for 2008
# Units 153 48
Average List Price 319,898 311,969
Average Sold Price 308,732 301,525
Average Days Listed 80 94
Average Closed Sales per month 15.3 4.8
Unsold Inventory Index (in months) 7.52 9.17

The Rivalry of TV & the WEB…The future of marketing for the Real Estate Industry

The Rivalry of TV & the WEB…The future of marketing for the Real Estate Industry

Marketing homes for sale is no longer the routine task of the typical Brokerage. i.e. Newspaper Advertisement, Open House, MLS input, Direct Mail is becoming less and less effective.  Proof of this is the fact that the Los Angeles Times permanently shut down it’s Real Estate Section at the end of July.  Now this is not completely related to market conditions; no it is more so related to the fact that Home buyers and sellers can turn to far richer media sources for their information on Real Estate.

Can we learn from history?  Radio and motion pictures took it on the chin from the Television.  Now Television, radio, motion pictures and the newspapers are taking it on the chin from the internet.

The Real Estate Industry has already shifted…..funny thing is that the Brokerages and the agents have yet to figure that out.  In a recent article by Inman News, Channing Dawson states that in 2007 Internet video made up 22% of all consumer Internet traffic and that this year it would be up to 32%.  California has higher percentages of computers per household and if we were to measure the volume of Internet video use for California alone I am sure it would out pace the numbers above.  According to the same article, three year old YouTube has about 62 million visitors per month.  Now granted YouTube is not the most effective site for advertising Real Estate, but more important the trend shows that hyper-rich media content is growing in demand and usage.

What this all means to home sellers…Price and Condition are the very first two issues that will make or break the sale of your home.  If your home is the nicest home in the area, but over priced…it does not matter if I fly the Goodyear Blimp over your house to market it and have a marching band go up and down your street.  Buyers will only pay what the market will bare.  Once the Price-Condition-factor is respected, marketing needs to have a twofold goal.  First, your property needs to be ubiquitous and this takes effort.  The Multiple Listing Service does not do this job for your agent.  The MLS is only part of the exposure plan.  Second is to target the largest pool of buyers.  Knowing where to find these buyers is paramount to the success for making sure you get the proper exposure.

As a teaser to get you to think about where the future of Real Estate Marketing is going and  how buyers should be targeted, I will leave you with this Video conference by Peter Hirshberg who worked for Apple during the pioneering days of the World Wide Web and now is on the Board of Directors of Technorati

This video is pretty technical and shows how media has developed over the last 100 years, but more importantly it shows how powerful technology has become, how the people crave interaction and that they will move quicker to embrace change long before the mainstays of the industry take notice.

3107 Bianca Circle Simi Valley CA 93063 Home For Sale – Simi Valley Real Estate

3107 Bianca Circle Simi Valley CA 93063 Home For Sale – Simi Valley Real Estate

Simi Valley Home For Sale – Simi Valley Real Estate

 

Orchard Lane Estate Home new on market. This home just came on the market last week and was announced on Friday’s Caravan. This was the first house I had to see, as homes in this neighborhood rarely turn over. This unique small tract in north central Simi Valley boasts large 1/2 acre large flat lots. Even though the homes suffer from the typical 1980s architecture, many of the owners like the owner of this home have upgraded and expanded these homes to take advantage of this exclusive estate tract.

Pricing on these homes is back to the 2004 pricing which makes an attractive purchase with today’s low interest rates. The pictures above were a few I snapped off with my iPhone camera and really only give a small taste of what this home has to offer. This 5 bedroom 3 bath home is approximately 3,348 square feet listed at $985,000. This is a Re/Max Olson Brokerage listing.

If you would like to see this home please contact me for a showing today.

 

 

8 Important Home Insurance Issues for Simi Valley Buyers & Sellers

8 Important Home Insurance Issues for Simi Valley Buyers & Sellers

Selling & Buying Simi Valley Real Estate? These 8 issues can make or break your sale or purchase of Simi Valley Property.

Insurance Check List:

  1. Is the Simi Valley property near or close to open space? Is this a issue with you or your buyer’s current insurance company?
  2. If you or your buyer are transferring to Simi Valley from another state, is the insurance company you or your buyer are currently with, writing homeowners insurance in Simi Valley California?
  3. Does the buyer have a breed of dog that their insurance company does not cover or creates issues?
  4. Do you or your buyer have excessive losses on previous properties that makes you or your buyer ineligible for most insurance companies?
  5. Is the Simi Valley property in a flood zone where the lender is going to make you or your buyer obtain flood insurance?
  6. Are you or your buyer planning to use part of the Simi Valley property as a business, which would make you or your buyer ineligible for homeowners insurance through a traditional company?
  7. Is the Simi Valley home in an association? (Loss assessment coverage should be included in the homeowners insurance coverage).
  8. If the Simi Valley home is written through California Fair plan, have you or your buyer also obtained a company to write the “Companion policy”?


Search for Homes in Simi Valley California Simi Valley Property Values

Thanks for reading Simi Valley’s Premiere Real Estate Blog!
Author – Ted Mackel Simi Valley Real Estate Agent – Keller Williams Realty
Ted Mackel is a top producer at Keller Williams Realty Simi Valley,
specializing in Simi Valley Real Estate
(805) 432-7705

388 Oldstone Ct Simi Valley Home For Sale – Simi Valley Real Estate

388 Oldstone Ct Simi Valley Home For Sale – Simi Valley Real Estate

Simi Valley Home For Sale

Simi Valley Real Estate

This might be the first time I have shown a home for sale and went home and said “Honey guess what I saw at work today?” I would have told you up till seeing this house I was immune from shopping for homes while at work, but this home is very tempting. The slide show above is just a small part of this home……it is the outdoor kitchen on the guest house. The detail through out this property is incredible.

388 Old Stone Ct in Simi Valley is located in an exclusive equestrian neighborhood in the highly desired Country Lane Track. The Sellers are represented by my Broker, Keller Williams. If you are in the $1,450,000 price range please contact me to schedule an appoint to see the rest of this tease.

Simi Valley Moorpark Real Estate Market Report YTD June 30, 2008

Simi Valley Moorpark Real Estate Market Report YTD June 30, 2008

The following information is the Year To Date numbers for Simi Valley Moorpark Real Estate Homes taken from the Ventrua County Regoinal Data Share MLS.  For reporting opn other months, check the Market Updates tab in the catagories section on the right hand side of the main blog page.

 

Activity – Single Family Detached Homes
     
Active Listings Simi Valley Moorpark
# Units 548 194
Average List Price 600,317 873,850
Average Days Listed 92 96
     
Pending Sales in Escrow    
# Units 121 21
Average List Price 485,717 555,461
Average Days on Market 73 118
     
Closed Sales    
# Units 439 94
Average List Price 561,352 650,424
Average Sold Price 538,160 625,263
Average Days Listed 89 101
     
Average Closed Sales per month 73.0 15.51
Unsold Inventory Index (in months) 7.51 12.52

 

Activity – Single Family Attached Homes
     
Active Listings Simi Valley Moorpark
# Units 152 33
Average List Price 361,800 313,035
Average Days Listed 100 103
     
Pending Sales in Escrow    
# Units 31 14
Average List Price 309,155 304,747
Average Days on Market 79 93
     
Closed Sales    
# Units 74 22
Average List Price 350,751 337,591
Average Sold Price 337,548 326,378
Average Days Listed 87 81
     
Average Closed Sales per month 12.33 3.66
Unsold Inventory Index (in months) 12.32 9.0

Video Blog: Simi Valley Real Estate. Custom Yard Sign Creates more Exposure for Sellers

Creating better exposure for homes in rural areas.  This home in the Santa Susana Mountains gets the first crack at a new idea. Custom Yard signs maybe the ticket for better exposure. The primary source to search for new homes by buyers is the internet; the second source is driving neighborhoods. Custom signs that feature your property and not your agent will stop cars and turn heads.