Blog News September 12, 2014

5 Selling Mistakes That Will Leave Buyers Feeling Cold

Exterior shot of an open Wooden Front DoorIn order to sell your home for full asking price, you must ensure that it is in move-in shape. How do you determine whether or not your home is in move-in condition? We have compiled a list of 5 things that can leave potential buyers feeling cold.  Here are 5  Selling Mistakes to avoid:

 

  1. Overpriced. If your home is priced too high, you will not attract any buyers at all! Buyers will notice that they could find a better home for the same price. Price your home correctly the first time in order to prevent turning them off of your home before they even see it.
  2. Smelliness. There are a number of circumstances that could result in funky smells throughout your home. Pets may leave your home smelling like a litter box. Water damage can make your home smell like mildew. Regardless of the cause, a buyer will be completely uninterested if the home has an undesirable odor.
  3. Messiness. If your home is full of clutter, a buyer will have difficulty seeing your home’s structure. It will be hard for them to picture their furniture in the home if your possessions are everywhere.
  4. Numerous repairs needed. If you neglect basic home maintenance, then buyers will continue on to the next home on their list. No one wants to spend time fixing multiple problems around the house upon move-in.
  5. Out-of-date furnishings. If a buyer is looking to buy your home instead of a new one, it is probably because of the location and cost. Therefore, they are not interested in a dated home- just the perks that come along with one. Get rid of the popcorn ceilings, shag carpeting, and avocado green before having a showing.

 

We want your home to see as much financial return as possible. If you want your home to sell for full asking price, contact the skilled real estate professional, Betsy Dittman. Betsy will ensure that your home will sell for the highest price possible in the Westside, San Fernando, and Conejo Valley communities!

 

Blog News September 5, 2014

10 Bedroom Must-Haves!

When you cannot afford time away from work for a vacation, your bedroom is your relaxation destination. Incorporate these 10 bedroom must-haves to take your sleeping space from lackluster to luxurious!

1. A COMFORTABLE RUG

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No need for slippers, here! Especially during the colder months, a comfy rug can be both functional and aesthetic. If your bedroom is already carpeted, consider adding a smaller rug that complements some of your accent pieces.

2. A THEME

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Themes are not just for children’s bedrooms. Every room needs some inspiration. Pick a pattern, color, or texture to bring the room together.

3. THE RIGHT AMOUNT OF THROW PILLOWS

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There is such a thing as too many throw pillows. If it takes you more than 10 minutes to get to the sheets, you have too many. Only use as many pillows as it takes to make your bed look inviting. A good rule of thumb is to not have more than 6.

4. A PLACE TO SIT (THAT’S NOT THE BED)

Spacious bedroom and lounge area.

A seating area will give your bed the chance to be just a bed. Use an additional seating area to slip on your sneakers, check your email or finish a novel.

5. NO TECH IN SIGHT

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A tech-free bedroom will help you to get the relaxation necessary for a healthy lifestyle. Move your TV to a different part of the house, and use the extra space to showcase your favorite piece of art, or stack your favorite books.

6. A COLLECTION OF THINGS YOU LOVE

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If you have numerous pieces that you love, but have no place for- create one. Their presence in your room will make you happy each morning when you wake up and see them.

7. WELL-STOCKED NIGHTSTANDS

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A nightstand full of necessities is essential. You should have a charming lamp to help you read at night, as well as a great book. Additionally, this is a perfect place to incorporate a stylish water carafe. Place a nightstand on either side of your bed to create a perfectly balanced bedroom.

8. A GREAT MATTRESS

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Never underestimate the quality of a comfortable mattress. You should feel rejuvenated, and pain-free after a night’s sleep. In addition to comfort, your mattress should complement the height and sizes of your other bedroom furniture.

9. PHOTOGRAPHS – BUT NOT OF FAMILY

Closeup of a pictures and candles on a white bedroom.

Leave the family photos in your other rooms. Stick to artwork that you find both beautiful and calming for your sleeping space. Doing so will help you to clear your mind each night before drifting off to sleep.

10. DRAMA!

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Whether you choose a dramatic chandelier, or an oversized headboard, every bedroom needs a splash of drama! Try to limit the number of pieces to 1 or 2, and only choose ones that you absolutely love.

For assistance with luxury real estate in the Westside, San Fernando, and Conejo Valley communities, please contact Betsy Dittman, today.

Blog News August 22, 2014

Don’t Miss These Los Angeles Al Fresco Dining Spots This Summer

Al fresco dining is the perfect way to enjoy the beautiful summer weather in Los Angeles. While there are many places that offer the complete al fresco dining experience, some of the 2014 exciting places in Los Angeles should not be missed. Make sure to keep these delicious restaurants in mind for your next meal in the area.

A-Frame in Culver City blends both Hawaiian and Asian cuisine. Roy Choi, the owner of the restaurant, was inspired by picnic dining, which inspired him to create dishes that are finger friendly. The menu items are much more decadent that what you would find at a typical picnic, including items such as swordfish tacos, hoisin ribs, and the famous double-patty burger.

Connie and Ted’s Seafood in West Hollywood has an impressive patio dining area that overlooks Santa Monica Blvd. The fresh seafood options will transport you to culinary heaven and the sandy beaches of the Pacific.

Goldie’s in Los Angeles offers every market-driven dish all day long, offering plates for breakfast, lunch, and dinner. Along with the great cocktails that are served, you will find everything on the menu from hand cut tagliatelle with Dungeness crab to diver scallops with kohlrabi.

Little Next Door in Los Angeles on West Third Street is the perfect French bistro that will transport you to Paris. The restaurant is a little more causal than Next Door, while still offering the best French dishes, including escargot, charcuterie, and moules frites.

 The Polo Lounge at The Beverly Hills Hotel is the best spot in the city if you are looking for the ultimate place to see and to be seen. The restaurant has been newly renovated, combining the classic Polo Lounge feel with a new, modern, updated look.

For all of your luxury real estate needs from the Conejo Valley to Beverly Hills, contact Betsy Dittman. I specialize in California luxury real estate properties and can help you with the sale or purchase of your home.

Blog News August 15, 2014

How Much Do Your Really Need for a Down Payment?

Preparing your finances for the down payment on your next home can be the most stressful and cumbersome part of the home buying process. While most home buyers believe that they need to put down at least 15 percent of the total cost of the home this is not always the case.

The belief among 28 percent of prospective home buyers that they need to come up with such as large down payment to qualify for a mortgage is a misconception.Many home buyers can qualify for a conforming, conventional mortgage with a down payment  of only five percent and even as low as three percent of the total home price. The number of Freddie Mac’s purchases of mortgages that had down payments of less than 10 percent more than quadrupled between 2009 and 2013. More than one in five borrowers so far in 2014 put less than 10 percent or less down on conforming, conventional mortgages.

As a result, more and more people are now able to qualify for a home loan. Qualifying for a home loan with a low down payment does depend on many other factors, including a home buyer’s credit history. A new survey by credit score company FICO asked credit-risk managers what the single most important factor is in a loan application. Surprisingly, it was not a buyer’s credit scores. The key factor is the Debt-to-Income ratio. DTI’s are the most direct indication to a bank or financial institution about whether a buyer is able to afford to repay the loan. It is also important to remember that any home buyer that puts down less than 20 percent will be required to purchase mortgage insurance.

For all of your luxury real estate needs in the Los Angeles, Beverly Hills, Calabasas and the Conejo Valley areas, contact Betsy Dittman. As a Coldwell  Banker agent  specializing in California luxury real estate properties, I can help you find your next home that will meet all of your needs, no matter your budget or down payment.

Blog News August 8, 2014

Amazing Decks and Patios

Decks and patios are a great way to expand the living area of your home while being able to enjoy the outdoors. The design of the deck or patio is completely up to you, leaving space to add all of the comforts of the indoors, such as a lounge area complete with a TV to watch the games or to have a simple relaxing area with just a hammock and table for your ice tea. The most important part of the deck or patio is always the view. Here are a few examples of spectacular decks and patios to keep in mind when looking for inspiration for your new outdoor space.

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This deck in La Quinta, California offers unobstructed views of the beautiful desert landscape. As one of the top vacation destinations in California, La Quinta has something to offer for everyone. Having a deck as beautiful and simple as this one will allow you to enjoy all of the beautiful landscape that the area has to offer.

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This patio in Park City, Utah allows you to get up close and personal with nature. The fire pit is the perfect accessory to keep you warm after enjoying the many ski resorts in the area.  A patio is the best place to relax after a long day and enjoy the sunset given the mild temperatures in the summer.

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The glass wall around this deck in Penticton, Canada allows for all encompassing views of the surrounding lakes. With seasonal temperatures most of the year, this deck offers a beautiful spot to enjoy the scenery with your friends and loved ones.

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There is no better way to enjoy the gorgeous weather in Cabo San Lucas, Mexico than sitting on an open deck such as this one. This deck offers a grill and plenty of seating to entertain all of your friends and family.

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This spacious deck in Los Angeles, California features a beautiful skyline of the city. The warm temperatures and low humidity make this the perfect balcony to enjoy all year long!   The glass wall makes this deck the perfect entertaining area for any gatherings.

For all of your luxury real estate needs from Beverly Hills to Calabasas, contact Betsy Dittman. As a luxury real estate agent, I can help you successfully sell or purchase your home.
All images of the perfect decks and patios were provided by HGTV.

Blog News July 30, 2014

Foreign Buyers are Scooping up U.S. Real Estate

During the past year, more and more overseas buyers have invested in the United States housing market. They accounted for $92 billion worth of home purchases, which is up 35 percent over last year .It is also the most amount ever that foreign buyers have spent in the U.S. real estate market.

While people from all over the world are buying property in America, Chinese buyers are leading the trend with almost one-fourth of all home purchases. They are focusing their real estate buying in Southern California with Los Angeles being the top destination for real estate searches coming from China, followed by San Francisco and Irvine. According to the National Association of Realtors, more than half of the $22 billion Chinese buyers spent on U.S. homes during the 12 months ended in March was spent in California, Washington and New York.

Many of the Chinese families that are purchasing real estate in the United States are doing so to enable their children to attend California universities and even high schools that are in some of the top districts. Another reason is that Chinese buyers see it as a smarter investment as opposed to the inflated values of  real estate in China.  California is particularly attractive because it is so close to the homeland and many cities have significant Chinese-American populations in addition to the attractive climate.

This huge influx of Chinese buyers is helping to drive the cost of real estate in California to pre-recession levels.

For all of your real estate needs, contact Betsy Dittman. I can help make sure that you find the best real estate property that fits all of the needs and your lifestyle.  From Beverly Hills to Calabasas to the Conejo Valley, Betsy has your real estate needs covered.

Blog News July 28, 2014

The 40-Year Garden: The Making of 1,976 Acres of Versailles

Don’t you wish your garden looked like this?

With its 1,250 chimneys, 67 staircases, and 700 rooms, it’s no shock that the Palace of Versailles has become for many aspiring kings a siren, of sorts: so many have tried, and so many have failed, to replicate its size, stature, and extravagant interiors… Read the full article here!

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Blog News July 18, 2014

What Sells a House?

While most people think that the location of a home is what sells, that is not always true. While location is a large factor when it comes to making a decision to buy a home, price is much more important. In fact, price trumps every other factor when it comes to selling a house. The location simply affects the price of the home, it does not sell it.

It does not matter if your luxury home is right on the ocean, or has beautiful panoramic views and is situated on a mountain top, the house will not sell if it is not priced right. Having a good location will allow the home to sell at a fair price. A home in a bad location will also help to set the fair price of the home, it just will not be as high as if the home was is a good location. Same goes for the condition of the home. A home in good condition will sell for a fair price, while a home in bad condition will sell for less, but also a fair price.

Do not fall into the trap of waiting for the special buyer who is looking for all your home has to offer, such as shag carpet or outdated bathrooms. Listing your home at the wrong price will cause it to sit on the market, which could end up costing you money. It is important to know what your home is worth in order for it to sell as fast as possible. Working with an experienced real estate agent who knows about the local market can help your home sell quickly.

If you are considering selling your home in the Los Angeles, San Fernando Valley, or Conejo Valley areas, contact me, Betsy Dittman. As a real estate professional I can help make sure that your home is priced properly. Let me show you how to make the most out of the 2014 real estate market.

Blog News July 9, 2014

Dog Houses that Rival Custom Luxury Homes

Anyone who has a furry friend knows that it is easy to spend hundreds of dollars to pamper them and make sure they are comfortable. With all the dog beds and toys to buy, there is no limit to how much pet parents will go for their animals. If you are trying to find the best place for you pooch to rest his head, be ready to spend the big bucks.

Some of today’s pet accommodations are giving some of the finest custom homes a run for their money. The newest luxury dog houses feature carpet, heating, air conditioning, indoor and outdoor lighting, and expensive music and entertainment systems. Some of them are also following the eco-friendly trend and include solar panels and planted green roofs.

All of these details come with a hefty price tag. A Victorian Kennel Dog House at Wal-Mart costs up to $4,400 and the Cape Cod Cozy Cottage Kennel Dog House sells for $4,600. Those are just the bottom of the line luxury dog houses. The Rockstar Puppy’s custom dog house starts at $6,000 and can reach up to $20,000. The Le Petite Maison builds doghouses that can exceed $25,000. These dog houses may seem like something only the rich and famous buy, and that is just what supermodel Rachel Hunter did. Her $16,000 includes hand-painted walls that are dotted with paw prints and bones, as well as framed pictures of her dogs inside.

There are many different designs that are available, including a Mediterranean dog house that includes a clay tile roof and copper gutters. You can also invest in a ranch style dog house that is made of high-quality lumber and stone siding, and comes with a private doggie pool.

If you are looking for the perfect house in the Los Angeles, San Fernando Valley, and Conejo Valley areas to put your luxury dog house in, contact me, Betsy Dittman. As an expert real estate agent, I understand the importance of finding a home that is pet friendly and pet accessible.

Blog News July 4, 2014

3 Tips to Avoid Falling Through Escrow

One of the most exciting parts of the home selling process is finally accepting an offer and opening escrow. One of the most devastating parts of the home selling process is if something goes wrong, such as if the buyer backs out, and the escrow falls through. While you cannot control every situation that could possibly cause your escrow to fall through, there are a few things that you can do. Keep these 3 tips in mind to help avoid your escrow from falling through:

  1. Tell everything. Think about what you would want to know about your house if you were buying it. Make sure to tell your real estate agent everything about your home.
  2. Accept only pre-approved buyers. Nothing kills an escrow faster than accepting an offer from a buyer who is not approved. The only things that should be left to be done after accepting an offer is having the home appraised and getting a home inspection.
  3. Require a deposit. Having an earnest money deposit from the potential buyer when you start escrow shows a commitment from the buyer and protects you in case the buyer does not comes through. The amount of the earnest money deposit depends on different factors, including state limitations, the current real estate market, and any requirements made by your listing agent. If there are problems with the home that you did not previously disclose, the money will be returned to the non-buyer. The money would go to you if the buyer does not complete the deal. If the deal is completed, the deposit would go towards the down payment and closing costs.

If you are looking into buying a luxury home in the Los Angeles, San Fernando Valley, and Conejo Valley areas, contact me, Betsy Dittman. As a real estate professional I can help you find the best home to fit all your needsand help you successfully sail through the escrow process.