The Luxury Collection | Scottsdale Real Estate Team
Simple 3-Step Program for Houseplant Maintenance By Joe Szabo, Scottsdale Real Estate Team
Find a reference
Since each plant has entirely different needs, it’s essential to find trustworthy references that will tell you everything you need to know about each specific plant. While you can find info on any plant with a quick Internet search, you’ll find that some sites have more information on certain plants than others. If you own a collection of houseplants, I highly recommend picking up a book such as “The House Plant Expert” by D. G. Hessayon.Inspect while you water
Even with all the knowledge in the world at your fingertips, your senses are the best tools in your arsenal. Every time you water, inspect each plant for problems such as pests, yellowed leaves or slow, lanky growth. A plant needs to be watered more if:- The top inch of potting mix is dry
- Leaves are wilting (unless soil is moist)
- Water runs over the soil and drains along the sides
- The plant feels lighter than usual
- The soil feels more soggy than moist
- The roots are beginning to rot
- You see fungus gnats every time you water
- It has been over a few months since purchasing the plant
- The time-release fertilizer pellets or fertilizer spikes are spent
- The palm fronds are yellowed
- The plant is growing at a glacial pace
- It’s been over a year since you fertilized
- You can’t remember the last time you fertilized
- The existing potting mix drains too quickly or slowly
- The plant’s roots coil tightly together in the pot, forming a solid mass
- The potting mix is practically older than dirt
- The exposed leaves are getting scorched and bronzy
- It’s a shade-loving plant but is receiving direct rays of sunlight
- Its new growth is spindly and stretched out
- The plant actually appears to reach for more light
- The leaves are very dark green
- It’s in a room without a window, such as a bathroom
Create a care sheet for each plant
You can solve a lot of problems with a good reference and eye for detail, but it can be difficult to keep track of an entire collection of plants around the house. For example, two rubber trees (Ficus elastica) in the same house require different care depending on a number of factors: the brightness of the room, your home’s heating system, the type of potting soil, the overall health of the plants and even the type of fertilizer being used. Instead, create care sheets for each plant. (We have one you can download and use.) Print one sheet for every houseplant in your collection, or keep notes on your computer, tablet or phone if that’s more convenient for you. Fill in the basic needs and take notes whenever you feed, repot, move and prune plants, so that it will be easier to diagnose problems that arise. Place the worksheets in a folder and use them to pencil in dates on the calendar to remind you when it’s time to fertilize or prune. Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, info@ScottsdaleRealEstateTeam.com or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.Listing Your Home? How to Avoid Seller’s Remorse By Joe Szabo, Scottsdale Real Estate Team
Develop a solid pricing strategy
Agents often encourage their sellers to list their homes competitively, so that the market receives it well. Sometimes sellers see that as the agent pushing for a quick sale. But often, it’s truly the agent looking out for the seller’s best interests. Whatever the scenario, pricing is the most important discussion a seller can have with an agent. When there’s a disconnect on price, raise it as a red flag from the get-go. If you find yourself resisting your agent’s suggested price, talk through the options or get a second opinion. You might try starting out with a higher number. This might be against your agent’s better judgment, but it can be worth a shot. If there’s no activity in the first few weeks, you can always reduce the price. Alternatively, sellers who increase their asking price after the home has gone on the market are often seen as frenetic, lacking a strategy and having a clear disconnect with their agent. Bottom line: If you haven’t had a serious pricing discussion with your agent or you aren’t sold on your list price, don’t go on the market.Have a clear post-sale plan
The sellers of an Essex, CT home heard the market there was hot and that they could get the price they had tried but failed to get just six months earlier. They’d already done the appropriate clearing out, painting, and fix-it work, and even had the property inspected. So, for them, going on the market was easy. However, they didn’t expect to receive three offers, all of them above the asking price, within hours of their first open house. The buyers they chose wanted to close in 30 days. The problem: The sellers had nowhere to go. They didn’t have a plan. Like many sellers today, they heard the market was healthy again. And after dreaming for years of finally getting what their home is worth, they jumped in while “the getting is good” without thinking it all the way through.Be ready to negotiate with buyers
Feeling strong and in the driver’s seat, the Essex homeowners decided to wait and see if they could get terms that would suit them better. The sellers’ listing agent negotiated a quick close with a 30-day-free rent-back and another 30 days rent, in which the sellers would pay the new buyer’s PITI (Principal, Interest, Taxes and Insurance). It was a win-win for all. While this couple in Essex had the luxury of a competitive bidding situation, it may not always be the case. That’s why having a clear plan in place for all conceivable outcomes and a willingness to negotiate can help you get through the sale process successfully.When in doubt, stay out
Home selling is happening quickly in many parts of the country. While this is great news for the housing market and most homeowners, sellers need to plan for the sale months in advance. Hooking up with a good local agent early on in the process and staying engaged is the best way to approach this new market. If you have any doubts about your physical or financial situation, hold off on listing. Watch from the sidelines, and only jump in when you’re truly ready. The biggest mistake a seller can make is to go on the market and fail to sell — at a time when everything else is selling. Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, info@ScottsdaleRealEstateTeam.com or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.April 2016 Paradise Valley Arizona real estate market update
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April 2016 Scottsdale Arizona real estate market update
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5 Ways to Score a Lease in a Competitive Rental Market By Joe Szabo, Scottsdale Real Estate Team
Apply online in advance
If you’ve browsed photos online of your dream rental property over and over, and your gut feeling is telling you that you’ve found “the one,” there’s no harm in filling out an application online if the option exists. This shows the property manager you’re already a serious applicant when you visit the property.Come prepared
When you arrive for a viewing of the rental property, come with a copy of your credit report, copies of your last few pay stubs, your checkbook, and a printed list of references (including your current employer and previous landlords). Make the application review process easy for the property manager by bringing hard copies of more than enough application materials than your potential landlord would ever need. An optional (but oh-so-helpful) document for your application package is a letter written to the landlord, explaining why you would be an excellent tenant — and if you’ve already visited before, what the home means to you. Think of the application packet as an argument for why you’re the tenant for them. And beyond documentation, bring a strong interview game. Prepare for your first meeting with your potential landlord as you would for any job interview. You’ll be asked questions, but additionally, they expect you to present questions to them, too. This shows you’ve been thoughtful about the application process, and take the potential of living in their rental home seriously.Express interest
It may seem obvious, but property managers want to see applicants excited about their home. While Utah-based landlord James Hedges certainly values excellent references, he looks for a potential renter who gives the impression that they appreciate the home. “Ultimately, you want someone who will take care of and respect your property,” he says. “How they react when they go through it should not be discounted.” “Showing an interest in the place and the neighborhood helps because it makes me feel like [the potential tenant] will treat my [rental] home and neighborhood as their own,” Virginia-based landlord Julia Jarrett adds. “That sets me at ease a bit.”Be flexible
With lots of applicants in the pool, landlords often have a tough choice when deciding on a tenant. In addition to offering strong application materials and expressing sincere interest in the home, showing your ability to be flexible is another way to stand out. If you’re able to sign a longer lease, say so. It shows serious commitment, and means your potential landlord won’t have to hunt for more tenants anytime soon — surely a relief for them. And if it seems like the landlord wants to get the property rented immediately, mention that you’re willing to move in earlier than your listed preferred move-in date, if that’s possible.Be transparent
Property managers will check references. Stretching the truth about something almost always comes out. “If you lie on the application or in person and a reference contradicts you, it’s a huge red flag,” Hedges says. “Any indication of money problems is a red flag as well.” This hint may come in the form of an applicant haggling on price, negotiating what’s included in the price, or asking to cash their check within a certain timeframe. “None of these are guarantees that they will be a bad renter, but they are warning signs that a landlord would take into consideration,” Hedges explains. Iowa-based landlord Laura Kilbride suggests potential renters keep their social media profiles somewhat public. “Having your Facebook profile visible can be a huge advantage,” she says. “If your profile is blocked, they can’t connect with you, and that’s off-putting when [another applicant] has theirs readily available.”Follow up
After leaving your meeting or open house with the landlord, send an email thanking them, along with asking any follow-upquestions you may have. This encourages further dialogue, and having your name in their inbox serves as one more reminder as to who you are. Hunting for the perfect rental property doesn’t have to be a headache. Once you’ve found the rental home of your dreams, it’s up to you to make the application process easy for the property manager. Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, info@ScottsdaleRealEstateTeam.com or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.What Should You Do If Your ARM Is Almost Out Of Time? By Joe Szabo, Scottsdale Real Estate Team
ARM vs. fixed rates
ARMs help your budget because rates on ARMs are lower than they are for fixed loans. For example, today’s rates for a loan on a $300,000 home purchase with 20 percent down are 2.75 percent for a 5/1 ARM versus 3.5 percent for a 30-year fixed. In this scenario, the monthly 5/1 ARM payment ($980) is $98 cheaper than the 30-year fixed payment ($1,078). This ARM vs. fixed savings is significant no matter what your home purchase price is, and if you are in fact only keeping the home (or the loan) short term, it can be worth it.How to choose
The best way to determine whether you go with an ARM or a fixed loan is to peg your loan term as closely as you can to your expected time horizon in the home or the loan. Here are a few options to consider:- If you’re buying a home with plans to relocate and sell the home within five years, a 5/1 ARM would be a good option. If you’re planning to move within 10 years, a 10/1 ARM would be a good option. You can also get 3/1 and 7/1 ARMs.
- If you plan to pay the loan off within five years and keep the home, a 5/1 ARM would also be a good option.
- If you’re going to relocate but want to keep the home, a fixed loan would be a good option.