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The Hidden Reasons Homes Linger on the Market

June 10, 2025 by Rhonda Costa

When a home sits on the market longer than expected, the price is often the first thing blamed. While overpricing can be a major factor, it’s far from the only one. One of the most common culprits is poor presentation. Buyers today form opinions within seconds, often based on online photos before they even step foot inside. 

Homes that are cluttered, outdated, poorly lit, or in need of deep cleaning may leave a negative impression. Listing photos that are dark, grainy, or unprofessional can stop interest before it starts. 

Accessibility and Showings 
Another big reason homes don’t move quickly is limited accessibility. If a home is difficult to show, whether it’s strict showing hours, last-minute cancellations, or requiring too much advance notice, buyers may simply pass and move on to more available options. The easier it is to schedule and tour, the more likely a home is to be seen, and sold.

Seasonal Timing and Market Conditions 
Timing matters. Homes listed during slower real estate seasons, like late fall or the winter holidays, may naturally take longer to sell. That doesn’t necessarily reflect on the home itself, just that fewer buyers are actively shopping. Even great listings can linger if the market is quieter when they hit the MLS.

Condition Compared to Competition 
Buyers compare. If your home lacks updates or features that similar homes in the area offer, like renovated kitchens, modern bathrooms, or energy-efficient appliances, it may feel overpriced even if it’s not. Small upgrades like fresh paint, new fixtures, or landscaping improvements can help a home stand out and show value without requiring a full renovation.

Seller Psychology and Flexibility 
Emotion plays a role, too. Sellers who are very emotionally attached to their home may struggle to accept feedback from their real estate agent. This might mean resisting price adjustments or refusing to make suggested updates. Unfortunately, a stagnant listing often ends up needing deeper cuts or bigger changes later, ones that could have been avoided by staying flexible early on.

Marketing Reach and Strategy 
Lastly, marketing matters. Simply putting a home on the MLS isn’t enough. Homes that aren’t promoted through multiple channels, such as social media, email campaigns, video tours, agent networks, and paid advertising, can easily be missed by qualified buyers. Effective marketing increases visibility and attracts a larger pool of interested, motivated buyers.

In short, price is important, but it’s not the only reason some homes sit. If a property isn’t moving, it’s time to look at the full picture: presentation, accessibility, market timing, local competition, emotional readiness, and marketing strategy. With the right adjustments and an experienced real estate professional guiding the process, homes that linger can often be repositioned for a quicker, more successful sale.

Filed Under: Real Estate Tips Tagged With: Home Marketing Matters, Home Selling Tips, Real Estate Education

Inspecting Foreclosures Before You Buy

May 23, 2025 by Rhonda Costa

If you have been thinking about investing in a foreclosure property, you will want to make sure the home you choose does not have major hidden issues. Before hiring a professional inspector, you can do a preliminary check by looking out for some of these common problem areas:

Ceilings
Ceilings are typically made of plaster or plasterboard. Keep an eye out for:

  • Cracks, holes, or uneven areas
  • Dampness or mold growth
  • Crumbling surfaces
  • Bulging or cracked spots

Walls
Walls may show similar signs of damage as ceilings, but also look for:

  • Loose skirting boards
  • Dampness or rot
  • Discoloration, blisters, or peeling wallpaper
  • Hazardous materials like asbestos or painted polystyrene tiles (always consult a pro if you suspect asbestos)

Floors
Regardless of the flooring type, structural supports are key. Watch for:

  • Uneven surfaces
  • Cracks, movement, or lifted tiles
  • Loose boards or coverings
  • Large gaps between floorboards
  • Missing or broken tiles

Plumbing
Check both the kitchen, bathrooms, and elsewhere for:

  • Rusty or leaky pipes
  • Pipes that bang or knock
  • Lead piping
  • Poorly supported water tanks

Wiring
Outdated or damaged electrical systems can pose serious risks. Look for:

  • Rubber or exposed wires
  • Failing or blackened sockets
  • Brittle or cracked wiring
  • Overheating plugs

No matter how thorough your personal inspection is, always follow up with a licensed home inspector before making a purchase. A professional can ensure the home is safe and free from costly surprises.

Are you ready to find a great deal on a foreclosure property? We specialize in helping buyers through the process with confidence. Give us a call — we would love to help you get started today!

Filed Under: Real Estate Tips Tagged With: Foreclosure Tips, Home Buying Help, Real Estate Advice

What Do Points Have to Do With Real Estate?

May 21, 2025 by Rhonda Costa

You may have heard of points when looking for real estate. Maybe your loan officer told you that you can trade points for a better interest rate. That sounds good, but just what are points? We’ll give you a better idea of just what points are and how they work.

What Are Points?
Points, more specifically discount points, are a percentage of the total loan amount for the house that is pre-paid to the lender. Each point is worth one percent. Your lender may offer a lower interest rate for your mortgage loan if you buy discount points. 

What do Discount Points Cost?
The cost of each point is equal to one percent of the loan amount. For instance, for a $200,000 loan one discount point equals $2,000.

For example, you are trying to buy real estate worth $200,000. The lender may tell you that if you buy 2 points at $2,000 each, you’ll get an interest rate two percent better.  

Should I Buy Discount Points?
Some lenders will allow you to purchase discount points to be approved for the loan. By buying a discount point, you’ll get a lower interest rate. This can reduce your monthly payments, which could put your credit to debt ratio in the right range.
    
You have to know how long you will live in the house or you could lose money purchasing the discount points. If you sell or refinance before you reach the break-even point, you will wind up with a net loss. Use an online mortgage point calculator to help you determine if buying discount points is a money saving proposition for you.

Points may be a good way for you to save money on your real estate if you plan to stay in your home for a long time. Want one more benefit? Discount points are tax deductible in the year in which they are paid.

Need help understanding mortgage and real estate terms? Feel free to reach out! We can help explain the process.

Filed Under: Real Estate Tips Tagged With: Discount Points, Mortgage Tips, Real Estate 101

Why Some Homes Come with Deed Restrictions You Shouldn’t Ignore

May 2, 2025 by Rhonda Costa

When buying a home, most buyers focus on location, price, and features. However, deed restrictions—legally binding rules that dictate how you can use your property—are equally important. Ignoring them can lead to unexpected limitations and challenges.

What Are Deed Restrictions?

Deed restrictions, also known as restrictive covenants, are rules placed on a property’s deed by developers, homeowners’ associations (HOAs), or local governments. Unlike zoning laws, which are enforced by municipalities, deed restrictions are upheld by private entities like HOAs or developers. Violating them can result in fines, legal action, or forced compliance.

Common Deed Restrictions

Understanding deed restrictions before purchasing a home is crucial. Here are some common restrictions:

  1. Home Modifications & Renovations
    • Requiring HOA approval for exterior paint colors or structural changes.
    • Setting height limits on fences or additions like sheds and pools.
  2. Business & Rental Restrictions
    • Prohibitions on home-based businesses with customer traffic.
    • Bans on short-term rentals like Airbnb.
    • Limits on parking work-related vehicles in residential areas.
  3. Pet & Livestock Regulations
    • Breed or size restrictions for dogs.
    • Limits on the number of pets allowed.
    • Bans on farm animals like chickens or goats.
  4. Landscaping & Outdoor Features
    • Restrictions on specific plant types, trees, or grass varieties.
    • Approval requirements for solar panels or satellite dishes.
    • Rules on sheds, gazebos, or outdoor structures.
  5. Parking & Vehicle Rules
    • Where you can park boats, RVs, or trailers.
    • Whether overnight street parking is allowed.
    • Garage vs. driveway parking requirements.

Why Deed Restrictions Matter

  • They Are Legally Binding: Once you buy a home with deed restrictions, you must follow them.
  • They Can Impact Resale Value: Buyers may avoid homes with excessive limitations.
  • They May Conflict With Your Plans: Restrictions can prevent renovations, rentals, or business operations.

How to Check for Deed Restrictions

  • Review the Property Deed: The deed outlines any restrictive covenants.
  • Request HOA Documents: Obtain the bylaws and CC&Rs (Covenants, Conditions, and Restrictions).
  • Consult a Professional: A real estate agent or attorney can clarify complex restrictions.
  • Check Local Regulations: Some restrictions may be enforced at the municipal level.

Deed restrictions are designed to maintain community standards and protect property values, but they can also limit how you use your home. Before buying, carefully review any restrictions to ensure they align with your lifestyle and long-term plans. Taking the time to understand these rules can prevent costly surprises and help you make an informed decision.

Filed Under: Real Estate Tips Tagged With: Deed Restrictions, Home Ownership, Real Estate

The Best Home Upgrades for Lasting Value

April 29, 2025 by Rhonda Costa

When it comes to increasing your home’s long-term value, not all upgrades are created equal. While stylish kitchens and luxurious bathrooms may attract attention, the smartest investment is one that continues to pay off for years to come: energy efficiency.

Unlike cosmetic updates that can lose appeal over time, energy-efficient upgrades provide lasting benefits. They lower utility costs, increase property value, and make your home more appealing to buyers.

  • Higher Property Value: Energy-efficient homes often sell at a premium. Buyers are increasingly eco-conscious and willing to pay more for homes that promise lower energy bills and a reduced carbon footprint.
  • Lower Utility Costs: Improvements like upgraded insulation, energy-efficient appliances, and smart thermostats reduce daily energy consumption, leading to significant savings over time.
  • Tax Incentives and Rebates: Many energy-efficient upgrades, such as solar panels and smart home systems, qualify for government tax credits and rebates, making them even more affordable.

Not sure where to start? Here are some of the most impactful improvements:

  • Better Insulation: Sealing air leaks and adding insulation in walls, attics, and floors can reduce energy loss, keeping your home comfortable year-round.
  • Energy-Efficient Windows: Replacing single-pane windows with double- or triple-glazed options cuts heating and cooling costs while reducing outside noise.
  • Solar Panels: While the upfront cost is high, solar panels significantly reduce electricity bills and can even generate extra income through energy buyback programs.
  • Smart Home Technology: Devices like smart thermostats and energy-efficient LED lighting help optimize energy use without sacrificing comfort.

Investing in energy efficiency is one of the smartest decisions a homeowner can make. Not only does it lower costs and boost property value, but it also helps create a sustainable future. Plus, energy-efficient homes often sell faster in today’s market, making them a win-win investment.

Filed Under: Real Estate Tips Tagged With: Energy Efficiency, Smart Home Investing, Sustainable Living

Tips for Selling a Home with Outdated Features

April 25, 2025 by Rhonda Costa

Selling a home with outdated features can be a challenge, but it’s far from impossible. Whether your kitchen hasn’t been updated in decades, or your bathrooms still have that retro charm, buyers today are looking for modern, move-in-ready spaces. However, with the right strategy and a few smart improvements, you can make your home more appealing to potential buyers and get the best possible price.

1. Focus on Curb Appeal

The first impression counts, and the exterior of your home is the first thing buyers will see. Fresh paint, new landscaping, or even just power-washing the exterior can make a big difference without breaking the bank. A clean, well-maintained exterior signals to buyers that the home has been cared for, even if the inside needs some work.

2. Prioritize High-Impact Areas

While it might not be feasible to remodel every room in your home, there are a few key areas where updates can make a significant difference. The kitchen and bathrooms are often the most important spaces for potential buyers. Even if you can’t afford a full remodel, consider smaller updates like new hardware, light fixtures, or a fresh coat of paint. Replacing outdated countertops or adding a backsplash can also provide a more modern look at a reasonable cost.

3. Make Small, Cost-Effective Updates

You don’t need to make major renovations to boost your home’s appeal. Small, inexpensive updates can have a big impact. Consider updating light fixtures, replacing worn-out carpets, or adding fresh paint in neutral tones. If your home has old, heavy drapes, replace them with lighter, more modern window treatments to brighten up the space. These small changes will help buyers see the potential of your home without feeling overwhelmed by the need for major work.

4. Declutter and Depersonalize

Buyers need to envision themselves in the space, so it’s important to remove any personal items that might distract them. Clear out clutter, pack up family photos, and depersonalize the space as much as possible. A clean, organized home allows buyers to focus on the features of the home itself, rather than on your belongings. You might also want to consider staging the home with neutral furniture to give it a modern, appealing look.

5. Be Transparent About the Home’s Condition

While you don’t want to highlight every flaw in your home, it’s important to be honest with potential buyers about its condition. If your home has outdated features or needs repairs, it’s better to address these issues upfront rather than risk scaring off buyers later. You might even consider offering a home warranty or negotiating with the buyer on price to reflect any necessary updates or repairs.

6. Price the Home Realistically

In today’s market, pricing is key. If your home has outdated features, you’ll need to price it accordingly. Overpricing your home can result in it sitting on the market for too long, which can be a red flag for potential buyers. Work with your real estate agent to set a competitive price that reflects the condition of your home while still taking into account its potential.

Selling a home with outdated features doesn’t have to be a setback. By focusing on small updates, improving curb appeal, and pricing realistically, you can position your home to attract buyers who are looking for a great deal with potential. With the right approach and strategy, you can successfully sell your home, even with a few outdated features.

Filed Under: Real Estate Tips Tagged With: Curb Appeal, Outdated Features, Real Estate Tips

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Rhonda & Steve Costa

Rhonda & Steve Costa

Call (352) 398-6790
Sunrise Homes & Renovations, Inc.

Contractors License #CBC 1254207

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