Seniors Transition Presentation by Valerie Upham, Realtor, SRES

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Presentation Description

Recorded at Humphries by the Bay, Shelter Island, Nov. 2011.

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Presentation Transcript

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The Upham Group A Move In The Right Direction

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Experienced R EALTOR ® SRES ® – Seniors Real Estate Specialist Team of trusted affiliates Resourceful Standard commission fees, but provide more services! Communication is key Valerie Upham REALTOR ® , SRES ® Direct: (858) 761-7890 Valerie.Upham@SothebysRealty.com CA DRE#01406912

The Sotheby’s Brand In a time of global communications and global markets, there is really only one true international real estate brand. : 

The Sotheby’s Brand In a time of global communications and global markets, there is really only one true international real estate brand.

2011 Q4 Economic Summit Notes: 

2011 Q4 Economic Summit Notes Odds of a double dip recession are 1/3. Recovery won’t be robust, but we will have a recovery. Nationwide home declines are at 25%. SD house prices are down 37% from peak of the market. 2002 levels currently. Source: Fred Nothaft, Chief Economist Freddie Mac

U.S. Housing Price Indexes: 

U.S. Housing Price Indexes Mortgage defaults lessen, but remain high Unemployment is main trigger event for delinquency House price declines add to foreclosure risk Subprime, Alt-A and Option ARMs drive foreclosures FHA & VA about ¼ of all lending in 2011 Serious delinquency rates have declined since peak at start of 2010 Source: Fred Nothaft, Chief Economist Freddie Mac

Home Buyer Affordability High: 

Home Buyer Affordability High Not at bottom yet. San Diego expected to bottom out Q1 2012 and then gradually moving higher. Sales up 5% in 2012 from 2011. Fed 30-year Fixed-Rates Mortgages remain the same through 2013. Low mortgage rates support gradual housing pick-up. Source: Fred Nothaft, Chief Economist Freddie Mac

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I’ve assisted many people with the task of selling their home that they have occupied for many years. Sold father’s house from Wisconsin Sold childhood home of 30 years from L.A. Sold home in San Carlos neighborhood Experience is the Difference Together, we've successfully transformed those homes into showplaces that appeal to a wide range of buyers.

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AFTER BEFORE

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BEFORE

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AFTER

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Seller's return on investment was $81,000 Remodel Costs: $13,850 Estimated value before remodel - $150,000 Sales price $245,000 2 bedrooms, 1 bath Square Feet: 616 Normal Heights This home lacked curb appeal and had deferred maintenance issues when we started. AFTER BEFORE

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BEFORE AFTER Seller's return on investment $24,100 Estimated value before work $510,000 Remodel Costs: $5,900 Sales price $540,000 Received multiple offers 3 bedrooms, 2.5 baths Square Feet: 1652 Rancho Penasquitos

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AFTER BEFORE

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An extensive amount of work was done to give this home a makeover. The work included removal of personal property, painting, carpet installation, plumbing repairs, landscaping work, termite repairs, popcorn and panel removal, and major cleaning. Valerie organized these projects while staying in direct communication with the seller from Connecticut. Multiple offers in first week on the market! Sales Price $352,000 3 bedrooms, 2 baths Square Feet: 1152 Allied Gardens

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• Devise a plan that best meets your needs Research future housing options • Interview reputable Realtors ® or property management companies Determine property value or potential rent for your house Obtain bids for any suggested remodeling or repairs • Remodel, if necessary, to bring the home in line with the demands of today's home buyer/renter • Declutter and remove personal belongings, house cleaning, make any necessary repairs • Staging * - Fill the home with select furnishings and decor, creating an emotional experience for prospective buyers and enhancing the home's marketability Consider hiring a Senior Move Specialist Enjoy your retirement! This proven formula has resulted in more money into my seller's pockets, time and time again. What Do I Do Next?

A Move In The Right Direction: 

A Move In The Right Direction Seniors, To-Be’s, and their families encounter many challenges when faced with moving. The need to change homes can be planned or come unexpectedly. Why not plan for your future? Let me be a resource for you as you consider your options.

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www.SeniorsHomeSpecialist.com Call Valerie Upham (858) 761-7890 Staging Makes a Difference ... So Do I! All the details are handled, from start to finish. I will bring my knowledge of what a home needs to be in today's market to fruition in preparing and selling your home.