Thursday, March 3, 2011

Cost Effective Ways to Boost Curb Appeal


Anyone who's ever bought, sold or even just looked at a house can tell you first impressions matter. A house can be filled to the rafters with luxury touches, but if it lacks curb appeal, few potential buyers will ever step in the door to see what's inside.

With real estate sales still sluggish across the country, curb appeal is taking on a new meaning for many homeowners. While an attractive home exterior can still boost potential resale value, homeowners are also looking at curb appeal as a way to enhance the enjoyment of their homes. Giving the exterior of their home a facelift not only makes the house stand out on the street, it also allows homeowners to "move up" without the expense of remodeling or moving.

Fortunately, many curb appeal-enhancing projects can be cost-effective too, yielding significant improvements for a modest investment.

"Projects can be inexpensive and simple while adding tremendous value and curb appeal," says Mark Clement, HGTVPro.com how-to expert and host of "MyFixItUpLife."

If you're looking for low-cost, high-impact ways to create or improve curb appeal, consider these ideas:

* Make small improvements that have a big impact. Simple touches like repainting the front door, window trim and shutters, planting flowers, and switching outdated light fixtures can create a whole new look. Plus, these simple improvements have the advantage of being scalable. Instead of re-siding the entire house, you can freshen the facade by tackling smaller portions, such as a porch or garage. Later, if you want to continue the improvement, you can re-side other areas of the facade.

* Choose materials that are durable and stylish. Skimping on materials may seem like a great way to save money, but you could end up spending more in the long run if you have to redo a job that was first done with lower quality materials. Purchase the best quality materials you can afford - not only will they look better than cheaper goods, they'll last longer and provide more enjoyment and value.

* Dress up the exterior with accents. Adding touches like accents to gables, posts and beams, drain chains in place of downspouts or planter boxes made with beautiful, sustainable materials like Western Red Cedar is a great way to improve curb appeal while stretching your budget. Quality materials retain their beauty over time better than cheaper materials.

* Illuminate. Light is a powerful accent, and, thanks to the availability of easy-to-install solar lights, you don't need to pay a professional to light your landscape. Solar lights - readily available in home improvement stores - provide decorative illumination to driveways, walkways and gardens.

* Introduce shade. Arbors and trellises adorned with flowering vines are not only beautiful in warm months; they're a great way to add areas of shade to your landscape. They can even be used to block the scorching heat from the afternoon sun from parts of your home's interior. Building an arbor or trellis is well within the capabilities of most do-it-yourselfers. For free ideas and plans, visit www.wrcla.org.

* Add a splash of color to your landscape with low-maintenance plantings that require little attention. As an added "green" step, consider plants that require less water, too. Your local home extension office can help you identify what types of plants will grow best in your region.

* Think "green." Whenever possible, choose materials that are truly sustainable, like Western Red Cedar. Sustainable materials are ones that have been harvested and/or manufactured through methods designed to reduce their impact on the environment.

"Natural, long-lasting materials, like real wood, return beauty, durability and value," Clement says.

Thinking of listing your home this spring season? Call on the Grove Team, we can offer additional high impact, low cost updates to make your home show ready!

Reach us at the office, (817) 337-0000 or find us online, www.groveteam.com

Wednesday, March 2, 2011

Do you need a Realtor when buying a house in Texas?

The simple answer - YES


Before beginning the process of purchasing a home in Texas it is important to know whom a broker represents. What is unique about Texas is we have Buyer Representation - by entering into a written agreement, a buyer's agent can assist the owner but does not represent the owner and must place the interest of the buyer first.



As a buyer, choosing to be represented by a broker and their agent you are ensuring your interests are protected. The Grove Team has a dynamic team of buyer's agents - specially trained to assist in your home purchase.



Cathy Jo, Lynn, Diane, and Angie


Members of our buyer’s team dedicate their inexhaustible energy to finding the right home in the desired timeframe. With knowledge that spans from the existing home market to builders and new construction, our proven professionals represent each buyer's individual interest. From establishing a buyer’s needs and searching for the right home, to negotiating in the buyer’s interest, their expertise allows them to manage the total buying process and reduce stress for our clients.



Call us direct, (817) 337-0000 or find us online, www.groveteam.com

Tuesday, March 1, 2011

New Information on FHA Rates

News on FHA rates and premiums are on the rise is hitting the public today!

Are you in the market for a new home and considering FHA financing? This could affect you after April 18th - these changes could affect your monthly payment and qualifying amounts.

Now, more than ever it is important to partner with a lender that is familiar with this liquid market. For more information on these changes, how they could affect you and other loan programs available contact Sara Thomas, MetLife Home Loans.




Sara Thomas
MetLife Home Loans
400 N. Carroll Ave.
Southlake, TX 76092
(817) 329-6036

Are you or some you know in the market for a new home? Contact the Grove Team, (817) 337-0000. Our team of experienced agents is here to guide you step by step through the home buying process.

Find us online, www.groveteam.com

Thursday, February 24, 2011

Why choose the Grove Team to sell your home?

Why choose the Grove Team?



Because the real estate industry is dynamic and continually changing, you need the guidance of proven professionals to represent your individual interests.

Meet our Listing Specialists -

Diane Grove, Mahannah Pike, and Diane Jones

As licensed professionals, our listing team is dedicated to providing maximum exposure for all sellers who have entrusted us with the marketing of their homes. With over twenty years of experience, members of our listing team are all licensed Realtors who proactively search for buyers for our listings. As experienced negotiators, they represent our sellers interest and have been able to negotiate an average of 96% of the asking price for our clients. Marketing both to buyers and other agents, an average of 46% of our listings sell in 30-days or less!

Other value we provide to all of our clients selling their home include, but are not limited to -

* Establishing your individual needs
* Formulate competitive pricing
* Maintain weekly communication
* Follow changes in the new construction and pre-owned markets
* Negotiate contracts
* Manage the market response to ensure a faster sale
* Monitor values and trends in your neighborhood
* Recommend repairs that will maximize your sale price
* Customize a marketing plan to help your home sell fast

Every member of the Grove Team is a licensed professional, most with over 10-years experience.

Are you or someone you know considering selling your home? Contact the Grove Team here at the office, (817) 337-0000 or find us online, www.groveteam.com.

Wednesday, February 23, 2011

Homeowners Insurance 101

AF Insurance
Jonathan Kobler
(817) 405-2631


Insurance. Let’s face it – it’s not a subject that people like to talk about at parties, unless you are an insurance agent. In fact, for most people, it’s just one of life’s necessary evils. If you are one of those people, my goal today is to let you see another side of the coin. While it’s true that insurance is probably one of the few things in life you purchase with hopes of never having to use it, it does provide some pretty significant benefits if something ever does. At a basic level, homeowners insurance protects the insured against the possible perils, such as fire or tornado for example, that could cause damage to the structure of the home or the personal belongings kept in the home. Most insurance companies provide this coverage through 6 basic components of a homeowners policy:

Part A - Dwelling: This is the amount the insurance company estimates it would take to rebuild your home in the event your home is completely destroyed. This number consists of the building materials used to build the home, both interior and exterior features. In North Texas, you should expect a dwelling amount that is somewhere in the ballpark of $90 - $110 per sq ft. If your home has custom work done, like a custom kitchen or bath, then you might expect your dwelling amount to be higher.

Part B – Separate Structure: This is the amount of insurance a homeowners policy provides for structures that are not attached to the home, such as garages, gazebos, or storage sheds. Generally, separate structures are covered at about 10% of the Dwelling amount.

Part C – Personal Property: This is the amount of insurance a homeowners policy provides for all personal property kept on premises of the home. Which includes but not limited to electronics, clothing, furniture, home décor etc. Expensive items such as jewelry, collectible art, and furs have limited coverage. If the value of these items is higher than the limits provided for in the policy such as wedding or engagement rings, it is highly recommended that you add floaters to ensure that these items are insured to their full value.

Part D – Loss of Use: This pays the additional costs of living away from home if a house is inhabitable due to damage from a fire, storm or other insured disaster. It covers hotel bills, restaurant meals and other extra living expenses incurred while the home is being fixed or rebuilt.

Part E – Medical Payments to Others: In the event that someone is injured in a policyholder’s home, the injured person can simply submit medical bills to the policyholder’s insurance company. In this way expenses are paid without a liability claim being filed. This coverage, however, does not pay the medical bills for the policyholder’s own family or pets.

Part F – Personal Liability: Liability coverage protects against the cost of lawsuits for bodily injury or property damage that policyholders or family members cause to other people. It also pays for damage caused by pets.

Most people would identify their home as their greatest investment. At the same time, most people do not have enough in savings to rebuild, repair or replace their home and belongings in the event of a sudden loss. Homeowners insurance allows you to share costs associated with rebuilding or repairing covered losses with an insurance company. So when you think about it, insurance is something that helps protects your financial assets just as much as the property. Can you imagine if you didn’t have insurance and a tornado leveled your home? What would you do? The mortgage company will still want their money, right? And if you are like me, you probably don’t have $200,000 just sitting around in your bank account. Can you see how that might put you and your family in a bad spot financially?

There is a lot to consider when purchasing an insurance policy, and sadly some people don’t take the time to sit down and really assess their needs. Make sure that you take the time to talk with an agent and choose one that you can really trust. If there’s something I’ve learned in my career as an agent, everyone is happy with their insurance until they have to make a claim. Don’t find out too late that you saved $100 dollars up front, but lost $1,000s on the back end. I’ll leave you with a quote from an unknown person that applies to everything in life, including insurance – “The frustration of poor quality lingers long after the thrill of the lowest price.”

Here’s hoping you never have to make a homeowners insurance claim!

Jonathan Kobler, contributor
AF Insurance Agency representing Farmers Insurance in Dallas Fort Worth
The Grove Team would like to extend a big thank you to Jonathan for contributing to our blog. Jonathan is available to you to assist with this and all of your other insurance needs. Are you or someone you know in need of a real estate team? Contact us direct, (817) 337-0000 or find us online, www.groveteam.com.

Tuesday, February 22, 2011

January MLS Activity

# of

Sales
Change

over

2010
Average

Sale Price
Change

over

2010
Average

Days on

Market
Change

over

2010
Bedford (120) 2335%$156,317 -9%9219%
Colleyville (123)16-11%$435,071 -5%115-6%
Euless (121) 13-19%$146,517-8%8021%
Haltom City (129) 12-48%$62,6575% 38-43%
FW - North * Saginaw (102) 54-18%$119,670-12%86 13%
Park Glen * Heritage (130)741% $158,8812% 89 24%
Grapevine (124)20 -5% $233,956 -5% 68 33%
Hurst (122) 19 -10% $115,150-8%149181%
Keller (126) 32-14% $347,503 8% 13015%
NRH * Richland Hills (127) 37-5% $175,562 14% 769%
Roanoke (131)80%$148,207-24%222 319%
Southlake (125)16 -47%$540,000-18% 98-20%
Trophy Club * Westlake (132) 9-36%$741,090 105% 142190%
Watauga (128)13 -13% $101,271-3% 45 7%

Do you have questions on the market activity in your area? Call the Grove Team direct for up to date information around you. Our number is (817) 337-0000 or find us online, www.groveteam.com.

Thursday, February 17, 2011

Your Agent Matters

The agent you select to sell your home is the most important decision you will make...

Before choosing a real estate team, be sure to ask these important questions:

* What strategies will your team use to find a buyer for my home?
* How do you determine the correct asking price for my home?
* What type of communication can I expect from your team?

For more information on selecting a real estate team, call us or visit our website, www.groveteam.com for more information.

Are you in the process of interviewing agents to represent you in the sale of your home? The Grove Team would appreciate an opportunity to interview for the job! Call us direct, (817) 337-0000 to schedule an appointment and meet our team today.



Find us online, www.groveteam.com or follow us on Facebook and Twitter