Robert & Marlisa Zebaida
Zebaida Group at Keller Williams Realty
Having a thorough home inventory list can assist after a natural catastrophe or disaster, and it also ensures you have plenty of home insurance. In today’s Real Estate & News!® Free consumer newsletter, you’ll learn how to take a home inventory so you have it handy when you need it most.
You’ll also learn how to help kids save money, quarterly tasks you should be completing around your home– plus fun facts, a trivia challenge, and lots more.
Here’s what’s happening in your neighborhood. The Stock Market has hit new highs recently. Do you know what that means?? …It means investors are moving money from Bonds to Stocks in order to take advantage of the ride. When that happens demand for Bonds go down…prices of Bonds go down…and interest rates go up. Mortgage rates increased 55 basis points post-electionand the Fed is expected to announce a rate hike in the next week. Locally… Buyers have reacted and demand is up up up. Spring Buyers are in the market NOW, with urgency, to lock in mortgage rates. Toss in the fact that inventory is at an all year low and the result is a mini-bubble of bidding wars and home value increases… Take a look at the Ask to Sales Prices ratios below to quantify the results. Short term…this is a great opportunity for sellers to capitalize. HOWEVER… Buyers are being borrowed from the Spring Buying Market and somewhere along the line rates will reach a point that falls outside their affordability. Demand will ease and prices will drop.The opportunity of the year has presented itself you are thinking about selling your home and can move up your timeline.
North Caldwell Boro
*These statistics reflect activity November 2016. All information is from the GSMLS. Information is deemed reliable but not guaranteed
Also, we’d like to say a few special words about our client and friend, Tara Lillien. Just a year ago we met Tara when helping her and Andrew find a new home. Since then, Tara has graciously connected us with a wonderful new client referral: Ellen and Jason Stroloff. Tara, thank you for your warm friendship and support for our business!
Finally, we want you to know that you may call us for any reason. And please let us know if a friend, family member or neighbor needs a caring, competent real estate professional to help in buying or selling. We truly appreciate your friendship and referrals. Enjoy your issue!
Robert & Marlisa Zebaida
Robert & Marlisa Zebaida, REALTOR®
Zebaida Group at Keller Williams Realty
P.S. When you notice people talking about real estate in the next few weeks, can you tell them about the free consumer information we provide?
They may be people wanting to move in the coming year, and you can tell them about out Free Consumer Report: “How To Avoid 7 Costly Mistakes When Selling Your Home”. Mentioning this guide will be a huge help to them because it shows how to net the most money from a home sale in the least amount of time. Then give them our phone number – 973.379.7030. Or,
What has cities but no houses, forests but no trees, and lakes but no water?
(see answer below)
How To Create A Home Inventory Just In Case
Do you know every single item you own – and would you be able to remember it all if you had to recall from memory? Taking a detailed home inventory requires making a thorough list of everything you own including a description, serial number, and estimated value. Having this inventory can save lots of time and headaches after a home fire, robbery, flood, or other disaster, but it’s also a good exercise to make sure you have enough home insurance and for tax purposes, if necessary.
Taking The Inventory: Walk through every room in your house. Write down, take pictures or video, and/or create an audio recording of every single item. A visual inventory provides a more detailed overview of your belongings. Expensive items like jewelry and collectibles should be photographed from several angles.
Get Technical: A number of apps make it even easier to keep track of your personal items using photos, bar codes, and sorting options. These apps include: American Family Insurance’s Dream Vault (Android/iOS), Sortly (iOS), The Home Inventory (Android), and Know Your Stuff (Android/iOS). For Android, go to play.google.com/store/apps, and for iOS, go to itunes.apple.com.
Note Prices And Serial Numbers: Keeping purchase receipts makes it easier to record how much you paid for each item. Look up the prices of those items for which you are unsure, and don’t forget to make a note each time something new is added to your home.
Store The List: Keep your list updated and stored in a safe or bank deposit box. Don’t forget to keep a digital back-up in an accessible location as well.
Did you know there’s a free consumer report revealing ways to save time and money when buying a home? It’s called “8 Secrets For Saving Thousands When Finding and Buying Your Next Home,” and it’s great even if you’re not planning to buy soon. Get your free copy by calling us at…973.379.7030
All adults know that money doesn’t grow on trees, but that’s not necessarily true for kids. Help your kids, grandkids, or other children in your life tuck away their extra nickels and dimes for a rainy day.
Bank it. Encourage kids to decorate four separate piggy banks – one each for Saving, Spending, Investing, and Giving – to help teach about setting money-related goals. Investing money will be used for future investments and Giving money can be donated to a charity of the kids’ choice.
Offer an allowance. Assuming you are helping your own children save money, provide a small allowance so there is something to put into the piggy banks. Give the allowance in small bills or coins so kids can physically hold and drop equal amounts of cash into each piggy bank.
Make goals. If there are certain things kids want to buy, or if they are expected to save a certain amount of money toward larger items such as a new bike, explain that they’ll need to use the Saving piggy bank to collect the needed money. And, if they choose not to spend money out of the Spending piggy bank right away, they’ll be able to buy the items they’re saving for faster.
Go shopping. When you go to the store, let the kids take their Spending money with them. If they want to buy something, count out change in the store. Feel free to remind them that, if there is something more expensive they’d like to buy, they’ll have to continue to save for it – and they’ll reach their goals faster by moving Spending money into the Saving piggy bank.
A Heartfelt Message To Our Special Clients and Friends…
We want to share a little secret with you. We don’t spend my time cold calling or pestering people for business. Instead, we focus 110% of our efforts on giving such outstanding service that people naturally think of us when a friend, neighbor or family member needs a caring and competent REALTOR®.
We would like to take a moment to acknowledge and thank a few of the special people in our life who’ve helped build our business with their enduring support and referrals. We couldn’t do it without you!
Tina Petillo & Tara Lillien
Fun Facts and Laughs
Quarterly Home Maintenance Checklist
Keeping your home in tip-top shape requires regular maintenance. Keep this list handy for tasks that should be done every three months. Next month we’ll feature some seasonal tips. (Save these lists!)
Test smoke and carbon monoxide detectors. If the alarm doesn’t sound, change the batteries.
Let water run in unused sinks and flush unused toilets. This helps flush out built-up grime.
Clean out gutters. Removing leaves and other blockages keeps build-up from molding and allows water run-off to flow properly.
Check water softener. Add salt if necessary.
Trim trees and bushes. Keep hanging branches clear from house walls, the roof, and the air conditioner.
Learn valuable secrets for saving thousands and avoiding costly mistakes when buying, selling or refinancing a home. Best of all, it’s FREE. Ask about our “Insider’s Free Resources” by calling us at: 973.379.7030.
Trivia Challenge for the Month… “Who Else Wants To Win Movie tickets for two?”Guess who won last month’s Trivia Question? We’re pleased to announce the lucky winners of last month’s quiz. And the winners are, drum roll please: Tina Petillo & Tara Schwartz were the first people to correctly answer our quiz question.What movie cast Kevin Spacey just two days before filming began?
b) American Beauty
c) The Usual Suspects
The answer is a) Se7en. Spacey asked that his name not appear in the opening credits of the movie, to surprise viewers as to the identity of the killer. Let’s move on to this month’s trivia question.
How many different animals have been featured in Barnum’s Animals Crackers?
And You Could Be One Of Our Next Winners! Call Us At 973.379.7030 OR
Q. I just took my home off the market because it didn’t sell. What can I do now to try to sell it again?
A. The biggest things to consider are the home’s price and its condition.
You may have set the price too high, keeping buyers and real estate agents away. If you lowered your price in increments, it may have been too late since it was already viewed as an “overpriced” home. Also, look at your home’s condition from a buyer’s perspective. Is there more you can do to make it stand out from other homes for sale?
It may be time to hire not just a REALTOR®, but a Home Marketing Expert. This is an agent who understands your needs and can use their expertise to re-evaluate the price, plus share easy ways to make your home appear more attractive to buyers.
To learn more about how to sell your home quickly, call and ask for our Free Consumer Report called “4 Tips To Guarantee Your Home Sells The Second Time.” We’ll send a copy right over to you.
Do you have a real estate question you want answered? Feel free to call us at 973.379.7030 or email us. Perhaps we’ll feature it in our next issue!
THANK YOU… for reading our Zebaida Group’s Real Estate & News!® personal newsletter. We wanted to produce a newsletter that has great content and is fun and valuable to you.
Disclaimer: The information contained here is intended for informational purposes. It should not substitute as legal, accounting, investment, medical or other professional services advice. Always seek a competent professional for answers to your specific questions.