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Lisa Wetzel And Jim Valentine's Blog

By Lisa Wetzel & Jim Valentine | Agent in Gardnerville, NV
  • Happy Easter Lisa Wetzel and Jim Valentine RE/MAX Realty Affiliates

    Posted Under: General Area in Reno, Home Buying in Reno, Home Selling in Reno  |  April 19, 2014 7:29 PM  |  304 views  |  No comments
    Happy Easter Lisa Wetzel and Jim Valentine RE/MAX Realty Affiliates
    By
    Real Estate Agent with RE/MAX Realty Affiliates
               
    Share:
    April 19, 2014 04:07 PM
     
    H A P P Y  E A S T E R

    Best wishes for a wonderful Easter filled with sweet treats and the joy of spring.
     
    Lisa Wetzel and Jim Valentine  
    RE/MAX Realty Affiliates  
    Lisa Wetzel and Jim Valentine
    RE/MAX Realty Affiliates
    1320 Hwy 395 N.
    Gardnerville  NV  89410
    775.781.5472 - Lisa Cell
    775.781.3704 - Jim Cell
    775.552.8585 - Fax
    775.783.6854 - Office Direct





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  • Northern Nevada Real Estate Should I Sell Or Should I Hold Now Lisa Wetzel and Jim Valentine RE/MAX Realty Affiliates

    Posted Under: General Area in Reno, Home Buying in Reno, Home Selling in Reno  |  March 13, 2014 8:16 PM  |  269 views  |  No comments

    Northern Nevada Real Estate Should I Sell Or Should I Hold Now

    By
    Real Estate Agent with RE/MAX Realty Affiliates
    March 13, 2014 07:47 PM
    http://actvra.in/4d75

     


    Northern Nevada Real Estate  
    Should I Sell Or Should I Hold Now
    Lisa Wetzel and Jim Valentine RE/MAX Realty Affiliates 
     

    Should I Sell Or Should I Hold Now

     

    We are seeing active Buyers and Sellers in our market doing what they do, buying and selling. It is amazing to witness how many times one or the other goes out of their way to make something work, and the other side not only doesn't reciprocate, but gets belligerent and talks about waiting the market out. Waiting the market out was a good idea in 2008 to 2012, but if you are on the market today the concept of waiting out the market can cause you to put your life on hold.

     

    Before going too much further, lets all be clear that none of us know in advance where markets are going to go. There are market circumstances, however, that allow for reasonable speculation as to where things are going to go. As we move in to 2014 it is important to be aware of the impact that elections have on real estate. Rarely have we seen that demonstrated so clearly as the elections of 2008 and 2012. With things as divisive and uncertain as they currently are on a National level, Buyers and Sellers should be aware that many of their counterparts are going to simply hole up until it passes over to see what live is like on the other side of November.

     

    We can take it one more step this year as candidates for the 2016 presidential are already being floated. If the 2016 election begins right after the 2014 elections are over then we may see investors holding their money close for an extended time. This will impact investment and commercial properties more than residential, but there will be ripples felt in the residential sector. Some may be positive as political types jockey for public favor. We saw a lot of that in recent years, but it did little to cure the overall real estate malaise.

     

    Sellers sell for many reasons. If your family has grown and you are looking to move to a bigger home now is a good time. The converse situation is similarly affected only you are moving down. You will be replacing your home in the same market so the values will be relative. Interest rates are still very good so your only challenge will be to find the right home in this market of little inventory. There are ways your Agent can help you achieve a sale and make the move with minimal hassle. Begin the dialogue.

     

    This time of year some Sellers start looking to Spring and anticipate a price and demand increase. This year there is substantial demand. If you wait to sell you could encounter competition from Spring listers that you don't have now. Market dynamics can also change including employment factors, interest rates, and much more. Regardless of whether Heraclitus or Rochefoucauld said it first, "the only thing that is constant is change itself" applies to real estate every day in many ways. It can affect an entire market, or one side of a transaction which then can impact the other. Surprise change is why you should work to control your own destiny to the extent that you can in real estate.

     

    Our Advice: Trends and patterns occur and reoccur, but their timing can be offset by many things. As you contemplate your move think of you and your family. Work with your Agent to determine what you can do, how long it will take, and what challenges you might face along the way. With that information matched up to your family wants and needs you will be able to make an informed quality decision. Once you make the decision, execute your plan. Don't look back. As you look forward keep your eyes open for changes that could impact you and your family, both positively and adversely. Adjust your game plan accordingly. Regardless of your decision, make your plan based on reality. If you put your property on the market 25% overpriced you are wasting everybody's time even in this hot market. If that is what you need to get sold, settle down and wait.

     

    You can get a lot of help along the way to help you with perspective, but when it is all done and evaluated it is up to you. With a good plan you can move forward with confidence and your life won't be put on hold for a year or more while you wait for things beyond your control to occur.
    When it comes to choosing professionals to assist you with your real estate needs... Experience is Priceless!
     
    Lisa Wetzel and Jim Valentine are real estate agents with RE/MAX Realty Affiliates in Gardnerville. They are short sale and foreclosure specialists and certified distressed property experts.

     

     

    Contact them at  

    carsonvalleyland@hotmail.com www.carsonvalleyland.com  

     

     

    Should I Sell Or Should I Hold Now

     

     
    Lisa Wetzel & Jim Valentine
     RE/MAX Realty Affiliates
    1320 US Highway 395 N.
    Gardnerville, Nevada 89410
    775.781.5472 - Cell
    775.783.6854 - Direct
    775.552.8585 - Fax
     
    Email Us
    View Our Website


     

     

     
     
  • Northern Nevada Real Estate ... Is It You Or Your Agent?

    Posted Under: Home Buying in Reno, Home Selling in Reno, Investment Properties in Reno  |  February 13, 2014 8:18 AM  |  232 views  |  No comments

    Northern Nevada Real Estate Is It You Or Your Agent?

    By
    Real Estate Agent with RE/MAX Realty Affiliates
    February 09, 2014 08:54 am
     
    Northern Nevada Real Estate  

    Is It You Or Your Agent

    Lisa Wetzel and Jim Valentine RE/MAX Realty Affiliates 
     

    Is It You Or Your Agent    

     

    Many things occur during the course of a real estate transaction. Some are good, others disappointing. In a dynamic market such as we find ourselves in today events can transpire that cause a lot of frustration. As there is a lot of emotion in residential real estate, sometimes the cause of the event is misunderstood. When that happens it is important to understand what is happening, or what happened, for what it really is, not what you think it is.

     

    If you are making offers on homes and getting beat out by other Buyers consider why you are missing out. Are your offers too low? Are cash Buyers getting preferential treatment? Did your Agent get the offer submitted in a timely manner? Was your offer "clean", without a lot of unnecessary conditions? Each of those circumstances can be attributed to you or your Agent. It is important that you understand that it isn't always your Agent's fault that you miss out on a buying opportunity.

     

    Did you listen to your Agent's recommendations? Did you look at the house within a reasonable time after learning about it being available, or did you wait until it was convenient to your schedule to check it out? If they are already at a counter offer stage you aren't acting quickly enough. If it was sold before it hit the market you never had a chance, nor did your Agent to get it for you. Don't blame your Agent for that one.

     

    If you listed high promising to come down or look at offers and your home isn't being shown but you aren't adjusting the price the lack of an offer is on you. If your Agent promised you more than the other Agents said they could get and you aren't getting action then it's on your Agent. It's a cheap trick to list high and work you down until it sells. Did you really believe them, or were you hoping for the unwitting Buyer to come along and pay too much? There aren't many stupid Buyers anymore with the plethora of information available on the Internet. Don't be afraid to challenge your Agent if you think the price is too high. This may sound funny today, but it isn't funny if your home doesn't sell and your life plans remain on hold as a result.

     

    Our Advice: Residential real estate creates much emotion. Make sure you don't overreact to a given situation without getting the proper perspective. Once you've assessed the matter, make the right decision for you and your family. It could be how you approach the market, whether a Buyer or Seller. It could be how you interact with your Agent, or you might need to ask your Agent to change his communication pattern to suit you. Communication is very important in a dynamic market. Agent, Buyer, Seller, Lender, and Escrow Officer all need to do their job to achieve their collective goal, the smooth contracting, escrowing, and transfer of the property you are working together on. It is important to work together. You need to go through many processes to buy or sell a home. Make sure you and your Agent are doing you part every step of the way.

     

    It is easy to play the blame game when you think you missed out on something. Don't, unless you know somebody dropped the ball and it wasn't you. Often we see that the very people that are the most upset are the biggest contributors to the problem at hand. Stay calm, focused, and figure out what happened to prevent a reoccurrence. We know from experience that when one door closes another opens. There is always an overriding reason why you missed an opportunity even though it isn't always readily apparent. Embrace the future because a better opportunity is coming.

     

     
    When it comes to choosing professionals to assist you with your real estate needs... Experience is Priceless!
     
     
    Lisa Wetzel and Jim Valentine are real estate agents with RE/MAX Realty Affiliates in Gardnerville. They are short sale and foreclosure specialists and certified distressed property experts.

     

     

    Contact them at  

    carsonvalleyland@hotmail.com www.carsonvalleyland.com  

     

    Is It You Or Your Agent

     



     
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    Lisa Wetzel & Jim Valentine
     RE/MAX Realty Affiliates
    1320 US Highway 395 N.
    Gardnerville, Nevada 89410
    775.781.5472 - Cell
    775.783.6854 - Direct
    775.552.8585 - Fax
     
    View Our Website -

     
     
     
  • Northern Nevada Short Sales! Don't Let Your Home Go Into Foreclosure Without Taking Steps to Prevent It!

    Posted Under: Home Buying in Reno, Foreclosure in Reno, Investment Properties in Reno  |  November 16, 2013 6:35 PM  |  437 views  |  No comments

    Do Not Let Your Northern Nevada Home Go To Foreclosure Without Taking Every Step To Prevent It.  

    If you owe more than your Nevada Home than it is worth, you have as a Distressed Property.  Until recently, working with Distressed Properties was fraught with peril for agents, and owners were often told to "let it go", ie.- stop making payments and let the lender foreclose.  We'll spare you the horrific Short Sale experiences as well as our speculation as to why the lending industry was so slow to adapt to the need to cooperate with home owners and their agents.  Times have changed and Short Sales are now viable and should be given serious consideration.  

    Unknown to most of us until about 18 months ago, Short Sales are now very common, and it is very important to understand their benefit to the homeowner.  Consider some of the following differences between the effects of a Foreclosure versus a Short Sale: 

    •·  Credit Score:  A Foreclosure will lower your credit score 250 to over 300 points for over 3 years.  A Short Sale will show late payments, but the score will be lowered as little as 50 points, and the affect can be as brief as 12-18 months. 

    •·  Credit History: Foreclosure will remain on credit history for 10 years or more. Short Sale is not reported on a credit history as there is no specific reporting item for "Short Sale".  Foreclosure remains on public record forever as it is recorded. 

    •·  Employment: Employers often actively check credit of employees in sensitive positions - especially security clearances (Military, Police, Public Communication, Public Utilities, etc).  Foreclosure can result in immediate reassignment or termination if employed, or can prevent you from being hired if you are looking for work.  A Short Sale is not reported on credit report ... is not a challenge to employment. 

    •·  Deficiency Judgment: In a Foreclosure the bank has the right to a deficiency judgment.  Some successful Short Sales provide for the lender to give up the right to a deficiency judgment.  If a deficiency judgment is pursued the Short Sale's higher yield from the sale results in a lower potential judgment amount. 

    •·  Future Fannie Mae Loan: After Foreclosure you'll be ineligible for a Fannie Mae backed loan for 5 years.  Short Sale - 2 years.  

    •·  Future Loans: For 7 years you will be asked on your application if you have had a foreclosure, but there is no similar declaration regarding a Short Sale.

    Our Advice:  There is now a designation known as Certified Distressed Property Expert that has been earned by local real estate agents to help Sellers and Buyers of Distressed properties.  If you have cash flow or moving issues, we suggest you get professional help to assess your situation, determine alternative options, and make an action plan.  The world of Short Sales and Foreclosures has changed from the frustrating mass confusion that it was to today's smoother processes with positive results.  Though there is still frustration and emotion, help is available to you that can help you establish and achieve your goals through the confusing maze. 

    Whether getting the financial elephant off your back, moving to put the family together, or other bona fide reason for selling ... if you have a Distressed Property get with a Certified Distressed Property Expert and take control of your future.  Foreclosure is the last option...do what you can to avoid it.   

    When it comes to choosing professionals to assist you with your real estate needs ... Experience is Priceless!  Lisa Wetzel, CDPE SFR Certified & Jim Valentine, RE/MAX Realty Affiliates, 775-781-5472, carsonvalleyland@hotmail.com, www.carsonvalleyland.com

    - See more at: http://activerain.com/blogsview/1404457/do-not-let-your-northern-nevada-home-go-to-foreclosure-without-taking-every-step-to-prevent-it-#sthash.VcvUGHyT.dpuf
  • Myth or Fact? A better deal on New Construction without an agent

    Posted Under: General Area in Reno, Home Buying in Reno, Home Selling in Reno  |  November 12, 2013 9:55 AM  |  199 views  |  No comments

    Great Post ... Soooo True!  People think they are smarter than the average agent!  The "Best" service they can give them selves is to enlist the representation of a good agent and stick with it!  This is an outstanding Blog!  Thank You!

    Via Beverly Herdman-Northern VA Wine Country Experts (Keller Williams Realty):

    Our experience over the years and still continues. Buyers are convinced that if they visit a community and register with the sales rep and purposely tell them, No I don't have an agent, that they will get a better deal.

    MYTH, there are NO better deals because you do not have an agent!

    I will tell you straight up, it makes NO DIFFERENCE. the base prices are set with commissions and they will not reduce their price. More people lose in this deal at the end. 

    The question buyers should be asking the sales rep is, If I register, will you put in writing that I don't have an agent,  and offer a 3% reduction in price, or offer 3% more in upgrades at no cost. 

    I actually would love to see that happen so we can once and for all prove this MYTH. 

    I can't tell you how frustrating this is in our market. So many lost commissions to great agents because of a simple registration form. Builders are making out on this theory. 

    Buyers please talk to an agent about representation before going in to a community. Remember that rep is there to make a sale for the builder and they are working for the builder. Who is working for you in your best interest? Yes, it appears on the outside it's not a big deal. But the reality is, are you properly being educated about the market resale. Have you weighed out your options between new construction and resale? 

    What if an agent could get you relatively the same home for $50,000 less. What difference would that make on your decision? The builder rep is not going to educate on the market, they will do anything to get you into a contract with their community. 

    Buyers, it is a MYTH that you receive a better deal on New Construction without an agent!

    Like my blog, subscribe here

    Beverly Herdman Wine Trail Homes,LLC  Keller Williams Realty
    Tel: 540-825-7441 | Mobile: 703-969-4280
    beverly@winetrailhomes.com | www.winetrailhomes.com

     

    - See more at: http://activerain.com/blogsview/3592127/myth-or-fact-a-better-deal-on-new-construction-without-an-agent-#sthash.cYigC4cY.dpuf

  • Our Closing was Held Up Because The Collection Company That the HOA Used To Collect From The Defaulted Homeowner Filed Bankrupt

    Posted Under: Home Selling in Reno, Foreclosure in Reno, Investment Properties in Reno  |  November 9, 2013 9:29 AM  |  337 views  |  No comments

    We had a delayed closing today because the "Out of State" escrow company on this REO could not find anyone to sign the release of lien.  The "Collection Company" that was hired by the Homeowner's Association closed up and filed bankruptcy!

    It's Crazy ... We Just Can't Make This Stuff Up! 

    New Home Buyer's, all their friends and family ready to help them move into their new (to them) home.  They have jumped through 2 dozen hoops, done everything the lenders and underwriters - don't get me started on that one - asked them to do!  Then ... what's next? 

    We did close today!  They have their keys!  All is right in Cold Springs!  Yet ... I have to stop and ask myself, "What happened to our industry? ... And ... Why is everything such a struggle?"

    When It comes To Buying and Selling Real Estate in Northern Nevada ... Experience Is Priceless!

     
    - See more at: http://activerain.com/blogsview/1098301/our-closing-was-held-up-because-the-collection-company-that-the-hoa-used-to-collect-from-the-defaulted-homeowner-filed-bankruptcy-#sthash.eFEdqIcL.dpuf
  • CDPE Distressed Property Class ... Look In To This Valuable Seminar

    Posted Under: Agent2Agent in Reno, Foreclosure in Reno, Investment Properties in Reno  |  November 9, 2013 9:19 AM  |  320 views  |  No comments

    Our team recently participated in a Distressed Property class.  I was very skeptical going into the program because I have experienced some awful "Short Sale" dramas.  I vowed at one time to never cross that bridge again. 

    That was then! 

    We presently have 6 open escrows for short sales.  Two are already approved and the others are looking good!  All this in less that 30 days! 

    The reason?  We have a new attitude!  Check out the Certified Distressed Property Expert site !  We highly recommend this program and think you will find it very useful and educational!  They offer a two day class that includes all the information and systems one needs to make listings Short sale properties logical, systematic and attainable!

    The most important key ... and we understand this now ... is that people really need us to help them through this traumatic event so that they can get on with their lives!  Performing a service that is so important is the real value ... earning a commission while we do it just makes the whole thing that much sweeter! 

    - See more at: http://activerain.com/blogsview/1053472/cdpe-distressed-property-class-look-in-to-this-valuable-seminar#sthash.YKVgQrtJ.dpuf
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