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Paint Color Can Get You a Higher Sale Price, Zillow Reports

It can be difficult to decide what to update and remodel if you’re thinking of selling.

Kitchens and bathrooms have typically been prioritized for their return on investment. The style in which you revamp your home can have effect on its sellability. One factor you may not have considered can have more of an impact than you think, and that’s paint color. Which paint colors will get you the most band for your buck?

Zillow’s 2018 Paint Color Analysis examined over 135,000 photos from homes sold across the U.S. Now to see how sales prices compared for homes with colored walls versus homes with white walls. The results varied depending on room type.

Homes that feature charcoal gray or black doors typically sell for $6,271 more than expected. Low on the list for exterior paint colors? Yellow. Homes painted in this color reportedly sell for $3,408 less than expected.

Houses with kitchens that have a different color for the upper and lower cabinets, known as tuxedo cabinets, sell at a $1,547 premium. The most popular color combination? Dark, navy blue or black kitchen islands with white cabinets.  In dining rooms, however, homes with oat brown to medium sandy brown walls, with yellow undertones, typically sell for $1,684 less than expected.

As for bathrooms…light blue or periwinkle paint, specifically with a gray-blue tint, increase the average selling price of a home by $2,786. However, don’t discount neutral colors, especially of you’re accentuating them with dark pops of color.

Zillow found that homes with light taupe living rooms, particularly with tan, peach pr pink undertones, sell for $2,793 more than expected. Homes with more boisterous colors, like raspberry red in a kitchen, typically sell for $2,310 less than expected.

“For a seller, painting a front door is one of the least expensive home prep projects, but it’s also one that can have a powerful impact on a home’s sale price,” says Kerrie Kelly, Zillow home design expert. “While cool, neutral wall colors like tan and light blue are still popular, we’re seeing a notable shift in home design where pops of color.  Particularly in darker dues of blue and gray to even black which are becoming increasingly popular. Contrasting colors, especially in kitchens and home exteriors, add interest and dimension to a room that plays very well in listing photos and videos.

#rubenandnancy #thevillarrealteam #springtxhomesforsale #paintcolorchoice

5 Reasons to Hire a Real Estate Professional Before Entering the Market!

Whether you are buying or selling a home, it can be quite the adventure. In this world of instant gratification and internet searches for an agent, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO,’ but it’s not as easy as it may seem. That’s why you need an experienced real estate agent to guide you on the path to achieving your ultimate goal!

The 5 reasons you need a real estate professional in your corner haven’t changed but have rather been strengthened by the projections of higher mortgage interest rates and home prices as the market continues to pick up steam.

1. What do you do with all this paperwork?

Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true real estate professional is an expert in his or her market and can guide you through the stacks of paperwork necessary to make your dream a reality.

2. So you found your dream house, now what?

There are over 230 possible steps that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, someone who knows what these actions are, to ensure you achieve your dream?

3. Are you a good negotiator?

So maybe you’re not convinced that you need an agent to sell your home. After looking at the list of parties that you will need to be prepared to negotiate with, you’ll soon realize the value in selecting a real estate professional. From the buyers (who want the best deals possible), to the home inspection companies, all the way to the appraisers, there are at least 11 different people who you will need to be knowledgeable of, and answer to, during the process.

4. What is the home you’re buying/selling really worth?

It is important for your home to be priced correctly from the start in order to attract the right buyers and shorten the amount of time that it’s on the market. You need someone who is not emotionally connected to your home to give you its true value. According to a recent article by the National Association of Realtors, FSBOs achieve prices significantly lower than the prices of similar properties sold by real estate agents:
FSBOs earn an average of $60,000 to $90,000 less on the sale of their homethan sellers who work with a real estate agent.”
Get the most out of your transaction by hiring a professional!

5. Do you know what’s really going on in the market?

There is so much information out there on the news and on the internet about home sales, prices, and mortgage rates; how do you know what’s going on specifically in your area? Who do you turn to in order to competitively and correctly price your home at the beginning of the selling process? How do you know what to offer on your dream home without paying too much, or offending the seller with a lowball offer?
Dave Ramsey, the financial guru, advises:
“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”
Hiring an agent who has his or her finger on the pulse of the market will make your buying or selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.

Bottom Line

You wouldn’t replace the engine in your car without a trusted mechanic, so why would you make one of the most important financial decisions of your life without hiring a real estate professional?
#rubenandnancy #thevillarrealteam #hirerealestateagent #springtxhomesforsale

Want a home that’s for sale by owner?

Homes that are for sale by owner — when a seller decides not to hire a listing agent — are more common than you might think. They account for about 8 percent of all home listings currently on the market. If you’re on the house hunt, you’re likely to come across one in your search.

Home for sale by owner

What’s different about buying one of these homes? What can you do to leverage the situation to get the most for your money?

Here are four things for you to keep in mind when thinking of buying a “For Sale by Owner” home:

1. Hire an agent. Since the seller doesn’t have an agent, it’s vital that you do — if only to ensure the transaction is handled correctly and legally. An agent will be knowledgeable about market conditions and can help you craft your offer, prepare the contracts and find the right lender to work with.

2. Be ready to negotiate. These homes are rarely priced appropriately. Sellers typically overvalue their homes due to their emotional attachment to it. Having an agent on your side gives you access to comparable sales data to help you negotiate the right price.

3. Get a home inspection. The owner may not know that they are legally required to disclose known issues with the property, and that oversight could mean costly repairs down the road. A home inspection can shed light on potential problems before you go through with the sale.

4. Add contingencies to your contract. Contingencies give you an exit route should something go wrong during the transaction. If you can’t get a loan, you’re unhappy with the inspection results or the appraisal doesn’t come in at the sale price, you have a way to back out and save your money.

Want to be prepared for your new home purchase? Get in touch today for help on making the best decision for your budget and goals.

#thevillarrealteam #remaxintegrity #homeforsalebyowner #needanagent

 

 

 

 

 

 

 

 

 

 

4 Things to Put on Your Moving Checklist

Moving can be hectic. With dozens of to-dos, a tight timeline and a growing pile of boxes, it’s easy to forget things. But it doesn’t have to be that way.

Moving checklist

Get organized now by making a checklist to work from.

Set deadlines for tasks like hiring movers, renting a storage or turning on your new utilities. Aside from packing up room by room, make sure your list has these often forgotten items, too:

Forward Your Mail: The post office makes it very easy to ensure your mail gets routed to the right place. Just head to a local branch or go online to update your address with the date you’ll be moving, and your mail will automatically forward.

Measure and Decide: Take a measuring tape to your new home and jot down the measurements of each wall and nook. What furniture and decor will fit in your new space? What won’t? It’s better to make decisions about what to donate or sell before moving day.

 

Refill Prescriptions: It may take some time to get your prescriptions forwarded to a new pharmacy, plus finding the time to pick them up. So if possible, get your prescriptions refilled ahead of time from your current pharmacy.

Back Up Your Electronics: Back up your computer and phone to the cloud, and make sure you’ve uploaded all your photos,  documents somewhere safe. In the event something happens to your devices during the move, a backup will get you up and running.

Are you ready to make a move? Whether you’re considering selling your current home or thinking of finding a new one, get in touch today for help and resources to guide you through the process. The Villarreal Team can help!

#rubenandnancy #thevillarrealteam #movingdaylist

SIMPLE, FUN & AFFORDABLE WAY TO CELEBRATE 4TH OF JULY IN YOUR BACKYARD!!

The fourth of July celebration is rooted in American history.

It’s a day for backyard barbecues, hometown parades and fireworks. It’s the celebration of our independence as a nation, and it’s been known as America’s birthday since the signing of the Declaration of Independence on July 4, 1776.

Ruben and Nancy Villarreal Celebration

On July 4, cities across the country will celebrate with concerts, parades, festivals, food, and of course, fireworks. But, if crowds aren’t your thing, host your own festivities from home. Here are some simple ideas to celebrate the red, white and blue from your own backyard.

BBQ Cookoff – Kick your Independence Day cookout up a notch with a BBQ cookoff. Create categories such as meat, veggies and appetizers and invite your friends to bring their favorite recipe in a specific category. Have guests vote on their favorite and award the winner in each category a prize. Need a little inspiration?

Check out these fun and festive 4th of July recipes from Good Housekeeping.

Movie Under the Stars – All you need is a projector and an outdoor screen (or white bed sheet) to enjoy a movie under the stars. Popcorn and s’mores will make it the perfect night. (Don’t forget the bug spray!) Here are a few films full of patriotism and celebration of America the whole family will enjoy: American Graffiti (PG-13); Independence Day (PG-13); Stand By Me (R); Glory (R); National Treasure (PG); Lincoln (PG-13); Yankee Doodle Dandy (G); Miracle (PG); Apollo 13 (PG).

Backyard Carnival – Break out the slip ‘n’ slide, set out the yard games and decorate with banners, flags and lights for a backyard carnival and fun for kids of all ages. Sparklers, poppers and fireworks will make the perfect ending to your Fourth of July backyard carnival (be sure to check your local ordinances regarding fireworks).

Go Camping – Set up tents and a firepit for a campout with the kids. This is a simple, low-key way to enjoy the great outdoors with your family. Cook hotdogs and roast marshmallows over the fire, tell ghost stories, sing songs and catch fireflies. A backyard campout is certain to create lasting memories for you and your children.

Celebrate with Red, White and Blue – Don’t forget the decorations! From tablecloths and paper plates to banners, flags and flowers, make your party festive with plenty of red, white and blue. Decorating doesn’t have to break the bank — check out your local dollar store for plenty of festive and affordable balloons, decor, paper goods and more.

No matter how you choose to celebrate, here are a few tips to ensure your backyard celebration is enjoyable for everyone:

  • Watch the weather. If there’s a chance of rain in the forecast, have a backup plan so you and your guests can enjoy the day, rain or shine.
  • Keep unwanted pests away with citronella candles, tiki torches and bug spray. Be sure to remove any standing water from in and around your yard.
  • Be sure there’s plenty of lighting. Hang outdoor lights or strategically place lanterns around the yard to create a soft glow when the sun goes down.
  • Keep cool. It’s sure to be hot in July, so offer plenty of ways for your guests to stay cool. Pop up shade tents, place fans and/or misters around the yard and keep drinks chilled with plenty of ice in the cooler.
  • Start early. July 4 falls on a Wednesday this year, so start your party early so guests can enjoy the fun without worrying about staying out too late on a weeknight.

Don’t have a backyard of your own where you can host a celebration? Maybe it’s time to make the move and purchase your own home by contacting The Villarreal Team today!

 

 

 

 

 

 

 

 

#thevillarrealteam #rubenandnancy #happy4thofjuly #remaxrealtor

SPRING FIRE DEPARTMENT – SPRING AREA HEROS

Heroes in the Spring community!

Ruben & Nancy Villarreal along with the entire Villarreal Team considers the heroes at the Spring Fire Department as one of our community’s greatest assets.  In return, we are proud to go the extra mile for their health.  Spring Senior Captain, Matt Corso’s story highlights one of our initiatives that is already saving lives. Please click on the link to watch the video.

https://flask.nextdoor.com/ct/nM41f3EyVw97KkyAB7KpIzHzIJi7-RVMgF6ffncSwAqFyvYOfuYVwSo4k4GS1EunSaNZLHw532UEdkY9k5Fiacsds_GAWe_im73DsE4dgqM=

Join The Villarreal Team in saluting The Spring Fire Department and all our local heroes!

The Spring Fire Department is located in Spring, Texas, approximately 25 miles north of downtown Houston. Founded in 1953, Spring FD is one of the largest combination fire departments in the state of Texas serving 62 square miles of unincorporated Harris County. Under a contract with Harris County Emergency Services District #7, Spring Fire Department provides fire suppression and certain rescue services to a population of 152,000 residents. Operating out of nine stations, with a fleet of 40 apparatus, Spring FD is under the leadership of Fire Chief Scott Seifert.

As a combination fire department, they utilize volunteer, part-time and full-time firefighters each and every day to provide the best service for the community.

Their Public Protection Classification (PPC) rating from ISO is a Class 3.

#thevillarrealteam #rubenandnancy #springrealtors #springheros

How Will You Ring In National BBQ Month?

Texas is BIG in its Barbeque:

And it’s National Barbecue Month, the time to celebrate flame-grilled foods and the great outdoors. Whether you enjoy backyard burgers with family and friends or you’re a vegetarian, there are so many ways to celebrate this month that fit your unique barbeque and culinary style and taste.
Here’s some grilling inspiration for your family meals, social gatherings and adventures with nature.
texas barbeque
 For the entertainer: Throw a backyard barbecue bash with friends and neighbors and prepare all the favorites. From burgers, ribs, corn on the cob, watermelon and more. You can even ramp it up with a smoker or pizza grill. Just make sure you test your new tools out before the big day, and be sure to have enough charcoal or propane on hand.
For the vegetarian: Meat-free barbecues are more common than you might think. Aside from tofu dogs and black bean burgers, your guests can also enjoy portabella burgers, stuffed chilis rellenos, baked potatoes or veggie skewers from the grill. Peaches and pineapples also make for great grilled desserts.
For the family: Plan a nice home-cooked outing just for the family. Have everyone pick their favorite main course, and get all the kiddos involved in the prep work and cooking. You can even invest in some monogrammed branding irons to make family grilling even more special.
For the nature lover: Take your celebration on the road, and head to the beach or a campsite to enjoy your meals with nature. Bring along a portable grill, ingredients for s’mores, comfy chairs and your favorite sleeping bag to celebrate under the stars.
As long as you’ve got great food and great company, you can’t go wrong celebrating May with meals prepared on a grill. So invite some friends and family over for an outdoor barbecuing feast! Stay safe.
#rubenandnancy #thevillarrealteam #barbeque

The Butler House

Butler House… a Home Style American Fare with a Classical French Influence

The Butler House is a new innovative restaurant with an intriguing concept. The restaurant itself was formerly a home and pays tribute to Bryan, one of the owner’s, as he is from Butler, Pennsylvania.

Butler House

When the idea to open a restaurant presented itself our goal was to produce a place of uniqueness and versatility. Besides our core values, we cherish family, community and charity, which is represented the moment you step inside. With a local American theme, using locally sourced foods, in addition, craft beer. With the perk of being easily accessible and centrally located helps us bring it together. The layout perfectly accommodates family dining while simultaneously pleasing our happy hour guests.

The Butler house serves as the perfect place for any occasion and for any customer. Offering a beautiful menu with classical French influence mixed with a southern home style flare and our Chef’s personal entrées. Our goal is to be remembered for our service, distinct atmosphere and exclusive adaptability.

 

 

 

 

 

 

 

#thevillarrealteam #rubenandnancy #butlerhouse #springtexas

SELF-EMPLOYED, 1099 EMPLOYEE? GREAT NEW LOAN PROGRAM

There is a great new loan program for buyers that are self-employed and/or 1099 employees!  Below is some general information regarding this loan program.  Should you have any further questions please feel free to contact us.  We would love to assist you with your real estate needs!

Image result for loans for self employed

Borrower Employment Types:

  • Self-employed
  • 1099
    o Must provide business license, Tax Preparer’s letter or corporate paperwork.

 

 

Personal or Business Bank Statements can be accepted.  However, qualifying income will be calculated differently.

Personal Bank Statements:  100% of Deposits

Add all deposits for all 12 or 24 months and divide that amount by 12 or 24 respectively to receive the monthly income amount we will apply as the borrower’s qualifying income.

Ex. 24 months deposits total = $200,000 / 24 = $8,333 a month income.

Ex. 12 months deposits total = $100,000 / 12 = $8,333 a month income.

Business Bank Statements:  50% of Deposits

Add all deposits for all 12 or 24 months, divide by 2, and then divide by 12 or 24 respectively to receive the monthly income amount we will allow for the borrower.

Ex. 24 month deposit total = $500,000 / 2 = $250,000 / 24 = $10,333 per month income. Only 50% is used because we have to assume the business has overhead.

Details of Loan Program:

Personal & Business Guidelines

  • Only deposits can be used
  • Transfers are NOT counted on personal and case-by-case for business*
  • Must have 12 or 24 consecutive months of statements (no gaps)
  • Must provide All pages (even the last pages with advertising)
  • Cannot comingle (use two different accounts) statements**
  • If account was used and closed and new account for remainder of statements must show closing of old account and opening of new account

*    Transfers may be accepted for business statements when they come from credit card clearing houses (examples: Paypal, Square, AMEX, etcetera).  Reviewed for acceptance of loan on a case-by-case basis, and must be considered normal for the company.

** Multiple accounts are considered for loan on a case-by-case basis when (a) one account is closing and reopening new account, or (b) for Business accounts that are two different and autonomous businesses.

Image result for the villarreal team realtors

Again, feel free to contact The Villarreal Team for further information on this program and/or for all your real estate needs.
#rubenandnancy #thevillarrealteam #remax #remaxintegrity #loanprogramforselfemployeed

Affordable Ways and Ideas in Updating Your Home

Here are a few quick fairly easy options for updating your space:

Tired of your home looking off-trend and out of touch? Or investing in an older home and want ideas in updating it? You don’t need deep pockets to do either. In fact, upgrading your home can be quite affordable with the right projects.

Here are five ways to make a big impact without spending a lot:

 

Updating kitchen ideas

Repaint. Paint trends come and go, so if your walls are still the same color or have the same wallpaper from 1950, they’re likely out of date. Consider giving the walls a new look with a more modern tone.

Change light fixtures. It’s time to kick out-of-style light fixtures to the curb. Pendant lighting, Edison bulbs and simple recessed lighting are what’s hot with today’s designers and buyers.

Update your hardware. You’d be surprised at how easily doorknobs, drawer pulls, locks and handles can start to look aged. Take a good look at your existing hardware, and consider upgrading to newer models. And don’t forget the hinges.

Reface your appliances. Have an old, yellowing appliance but don’t want to replace what’s not broken? Just use peel-and-stick stainless steel or marble contact paper, and reface those appliances instantly.

Install a kickplate. If you want to upgrade your curb appeal but can’t afford a new door, consider installing a kickplate. It’s an instant, affordable way to add visual appeal to any existing entryway.

These upgrades may seem minor, but when done properly, they can have a serious impact on your home’s aesthetic.

If you’re considering more extensive updates, let’s get together to discuss ways to increase your home’s marketability and long-term value.  We are just a phone call away to talk about your options to increase the sell or appearance of your home for future sell. RE/MAX Integrity – Ruben and Nancy Villarreal…Office 281-370-5100.

#rubenandnancy #thevillarrealteam #updatinghome