Stats are in for 2016- Homes Sold in Dana Point, Laguna Beach & Laguna Niguel


Dana Point – Homes Sold:
$0-1M = 346 homes sold
$1M- 3M = 142 homes sold
$3M+ = 45 homes sold
Highest Priced Sale: $19,997,500
Lowest Priced Sale: $186,000

Laguna Beach – Homes Sold:
$0-1M = 45 homes sold
$1M- 3M = 256 homes sold
$3M+ = 73 homes sold
Highest Priced Sale: $45,000,000
Lowest Priced Sale: $261,600

Laguna Niguel – Homes Sold:
$0-1M = 879 homes sold
$1M- 3M = 209 homes sold
$3M+ = 8 homes sold
Highest Priced Sale: $6,295,000
Lowest Priced Sale: $235,000

Are you interested in finding out the 2016 stats for your city? We have homes available throughout OC, for everyone and at every price. Call 949-545-2080 or email us at mcaruso@surterreproperties.com with questions.

www.carusorealestate.com

How A Homeowner Can Sabotage Their Own Appraisal…


 

For decades there has always been a difference of opinion with  homeowners and an appraiser when they need that critical number to match the refinance package that is underway with their lender.

The appraiser value opinion is only 1 opinion…but guess what, it’s the opinion that counts with your lender.

Here are some ways you can sabotage yourself:

1) Leaving the home untidy. Having an un-kept exterior or interior can cause an appraiser to decrease the value somewhat. Reminder owners – curb appeal is also important for an appraisal. Overgrown bushes or an un-kept home exterior could prompt an appraiser to take as much as 3 percent off the value, according to a CNN Money article.

2) Having incomplete remodeling projects. Don’t keep a remodeling project unfinished prior to an appraisal. If it’s a must, make sure you include details of the complete project and when it is to be finished to the appraiser.

3) Failing to list improvements or upgrades made to the home. Compile a list of upgrades and home improvements made to the home and provide it to the appraiser. While some items, like a new roof, may not help raise the appraised value, other items might.  Source: Realty Times

So needless to say, all the complaining in the world to your lender won’t overcome the self sabotage…take care of projects, clean up and focus on the homes overall presentation before starting your refinance package. Treat the home like you were getting it ready to go up for sale. Lots of preparation, repairs and primping is worth all the effort. Because, when the time comes for that appraisal value analysis…you’ll be glad you did! 

 

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www.MichaelCarusoRealEstate.com

Best regards,

Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI

Past President, Orange County Association of Realtors (949) 495-8600