JD MOSHIER | REMAX ALL-PRO LANCASTER, CA REAL ESTATE
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Real Estate News & Updates

My Clients decided to go New Construction

1/24/2018

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​ you thought about buying a NEW home? I have some clients who have decide to make that leap and buy a New Construction home.  

      With the lack of inventory in the AV I have some clients that are looking in the New Construction Homes and they have contacted me as their Realtor to walk them thru the process, to make sure their best interests are being met and not talked into something that they may or may not need/want down the road.  I can go to the Design Center and they were able to ask about and keep focused on where they wanted to go. 

    Sometimes you get there to the design center they have some very nice designs and suggestions and it looks so cool and it's like that kid in a candy store. I try and keep them focused and on task so their final home is what they really want. 

   Anyway, We have been able to accept and offer on their home and open escrow follow the building of the New home and we should Close, Record on the old home and close and Record and get their New Keys.... All on 22-November 2017, the day before Thanksgiving Day! Wow, so much to be thankful for and then the work begins.

if you don't have a Realtor yet and you are looking to buy that NEW Construction Home contact me  JD Moshier and let's talk, If you are looking to Buy or Sell I can use my years of experience to help you make that happen!

    Thank you Paul Family for trusting me with your homes needs.
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What is the Final Walk through.

1/24/2018

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Completing Your Final Walk-Through


You put a lot of effort into finding the right house, and now that your closing is just days away, you're finally ready to start calling your new place home. Before this can happen, however, you should do a final walk-through of the property.
What is a final walk-through? 
A final walk-through isn't a home inspection (that typically takes place in conjunction with your offer). It's not the time to request new repairs, either. Instead, this is an opportunity to make sure the condition of the home is as expected. Specifically, you'll want to confirm there haven't been any unexpected or unwanted changes made to the property.
What should you look for? 
Make sure there isn't any move-out damage and that all your requested repairs have been made. You'll also want to check that no extra furnishings have been left behind and that everything included in the home price -- items like appliances, light fixtures or window blinds -- are in place and in good condition. Use a checklist to guide you through this process.
When does it take place? 
The final walk-through can happen anywhere from a few days prior to your closing to just a few hours before.
Finally, be sure to bring a copy of your contract along for reference and consider asking your real estate agent or a home inspector to help you double-check everything and verify repairs. Remember, this is your last chance to give the property a good once-over before you legally claim it as your own.
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Cost vs. Value:

1/18/2018

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 The Home Improvement Projects
​                        With the Highest ROI in 2018


Posted on Jan 17 2018 - 4:35pm by Jameson Doris
101               

A strong housing market isn't necessarily all good news for sellers. As evidenced by Remodeling magazine's newly-released Cost vs. Value Report for 2018, average return on investment (ROI) for home improvement projects dipped across the board, with "upscale" projects taking the biggest hit.
The report, which measures the average cost of 21 popular remodeling projects and their average resale value one year later, found that garage door replacement has the highest ROI at 98.3 percent (up from 85 percent year-over-year). Backyard patio jobs garner the lowest ROI, at 47.6 percent (down from 54.9 percent year-over-year).
The reason for the sweeping decrease in ROI isn't immediately obvious, but Remodeling magazine's editor-in-chief (and manager of the report) Craig Webb notes that it's likely related to the strength of the housing market currently.
"It's not clear if...nationwide affordability concerns are leading (real estate) pros to question the value of renovations that would make a house even more expensive at resale," says Webb.
However, a silver lining from the report relates to when the data was compiled. Remodeling magazine put all the cost information together before the country was struck with several natural disasters, including massive forest fires and several hurricanes. Since then, building supplies and the price of skilled labor has increased, but that's expected to change over the course of 2018. As a result, expect to see the ROI of most of these projects level out by the end of the year.
Despite these events, some longtime trends continued through the new year. Remodeling is still far more cost-effective than replacement, but, according to real estate pros, replacing is still the way to go. This year, there's a 20-point difference in ROI: 76.1 percent for replacement jobs, versus 56 percent for remodeling.
Nationally, when it comes to renovation ROI, curb appeal still wins out. Here are the top five projects with the greatest ROI in the report's "midrange" cost category:
Manufactured Stone Veneer (97.1% ROI)
  • Average Cost: $8,221
  • Average Resale Value: $7,986
Entry Door Replacement (Steel) (91.3% ROI)
  • Average Cost: $1,471
  • Average Resale Value: $1,344
Deck Addition (Wood) (82.8% ROI)
  • Average Cost: $10,950
  • Average Resale Value: $9,065
Minor Kitchen Remodel (81.1% ROI)
  • Average Cost: $21,198
  • Average Resale Value: $17,193
Siding Replacement (76.7% ROI)
  • Average Cost: $15,072
  • Average Resale Value: $11,554
The top five projects with the greatest ROI in the report's "upscale" cost category are:
Garage Door Replacement (98.3% ROI)
  • Average Cost: $3,470
  • Average Resale Value: $3,411
Window Replacement (Vinyl) (74.3% ROI)
  • Average Cost: $15,955
  • Average Resale Value: $11,855
Window Replacement (Wood) (69.5% ROI)
  • Average Cost: $19,391
  • Average Resale Value: $13,468
Grand Entrance (Fiberglass) (67.6% ROI)
  • Average Cost: $8,591
  • Average Resale Value: $5,809
Bathroom Remodel (56.2% ROI)
  • Average Cost: $61,662
  • Average Resale Value: $34,633
Nationally—and on the complete other end of the spectrum—here are the five projects with the lowest ROI in the "midrange" cost category:
Backyard Patio (47.6% ROI)
  • Average Cost: $54,130
  • Average Resale Value: $25,769
Master Suite Addition (56.6% ROI)
  • Average Cost: $123,420
  • Average Resale Value: $69,807
Major Kitchen Remodel (59% ROI)
  • Average Cost: $63,829
  • Average Resale Value: $37,637
Bathroom Addition (59.9% ROI)
  • Average Cost: $44,717
  • Average Resale Value: $26,769
Deck Addition (Composite) (63.6% ROI)
  • Average Cost: $17,668
  • Average Resale Value: $11,239
The five projects with the lowest ROI in the "upscale" cost category are:
Master Suite Addition (48.3% ROI)
  • Average Cost: $256,229
  • Average Resale Value: $123,797
Major Kitchen Remodel (53.5% ROI)
  • Average Cost: $125,721
  • Average Resale Value: $67,212
Bathroom Addition (54.6% ROI)
  • Average Cost: $83,869
  • Average Resale Value: $45,752
Bathroom Remodel (56.2% ROI)
  • Average Cost: $61,662
  • Average Resale Value: $34,633
Grand Entrance (Fiberglass) (67.6% ROI)
  • Average Cost: $8,591
  • Average Resale Value: $5,809
The 2018 Cost vs. Value Report compares, across 149 markets, the average cost of 21 popular remodeling projects with their average value at resale one year later. Average resale value is calculated based on estimates provided by real estate professionals.
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