739 Baruna Cir, Garland, TX 75043, United States RE Investor · INTRO Cloud CMA MAP OF ALL LISTINGS...

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739 Baruna Cir, Garland, TX 75043, United States

PREPARED FOR

RE InvestorMARCH 26, 2016

Felipe Soares | Investable Realty | Office: 972.836.6043 | Office: 844.888.3607 | Mobile: 214.284.1733 |[email protected] | DFWEarlyBirdHomes.com | BRE number: 0601219 | 8330 LBJ Freeway Suite B602

Dallas, TX 75243

mailto:[email protected]

http://dfwearlybirdhomes.com

http://www.mapquest.com/?q=8330+LBJ+Freeway+Suite+B602+Dallas%2C+TX+75243


INTROCloud CMA

WHAT IS A CMA?

No two homes are identical, which is why choosing a sales price or offer price for a home can bechallenging. That’s where the comparable market analysis, or CMA, can be useful.

What is a CMA?The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the sameneighborhood and price range. This information is further sorted by data fields such as single-family orcondo, number of bedrooms, number of baths, zip codes, and many other factors. Its purpose is to showfair market value, based on what other buyers and sellers have determined through past sales, pendingsales and homes recently put on the market.

How is the CMA created?CMAs are generated by a computer program supplied by your real estate agent’s multiple listing service(MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers,who pay dues to gain access to the service’s public and proprietary data, including tax roll information,sold transactions, and listings input by all cooperating MLS members.

Listing agents generate CMAs for their sellers, and buyer’s agents create them for their buyers so bothsides know what current market conditions are for the homes they’re interested in comparing.

How accurate are CMAs?The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it caninstantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria.Why? The market is constantly changing – new listings, pending sales, closed sales, price reductions,and expired listings.

CMAs can vary widely, depending on the knowledge and skill of the person inputting the searchparameters to the software as well as the number and type of data fields that are chosen. That meanssome features may not be included.

As informative as the CMA is, it should only be used as a tool and should not substitute for your realestate professional’s knowledge and advice.


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INTRO

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Felipe SoaresInvestable Realty

Office 972.836.6043Office 844.888.3607Mobile 214.284.1733E-mail [email protected] linkedin.com/in/soaresfelipeWeb DFWEarlyBirdHomes.comBRE number 0601219Address 8330 LBJ Freeway Suite B602 Dallas,

TX 75243

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Dallas, TX 75243

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INTROCloud CMA

MAP OF ALL LISTINGS

MLS # Status Address Price0 Subject 739 Baruna Cir, Garland, TX 75043, United States1 13158867 S 723 Ticonderoga Drive $43,1442 13189411 S 742 Ticonderoga Drive $91,0003 13199406 S 714 Valiant Circle $115,9004 13263817 C 737 Sceptre Circle $67,0005 13266750 S 707 Ticonderoga Drive $53,5006 13271213 S 710 Valiant Circle $95,0007 13322665 S 731 Baruna Circle $60,0008 13323514 S 703 Valiant Circle $69,0009 13327998 A 718 Arrowhead Circle $115,800

10 13331679 P 707 Valiant Circle $80,00011 13341567 A 710 Baruna Circle $109,900


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Status: S = Sold, C = Cancelled, A = Active, P = Pending, A = Active Option Contract


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INTROCloud CMA

SUMMARY OF COMPARABLE PROPERTIES

Sold Listings

Address Beds Baths YrBlt SqFt List Price Sold Price Sold Date723 Ticonderoga Drive 2 1.00 1973 882 $44,900 $43,144 12/17/15742 Ticonderoga Drive 3 2.00 1972 1,472 $99,900 $91,000 10/23/15714 Valiant Circle 3 2.00 1972 1,472 $105,000 $115,900 1/8/16707 Ticonderoga Drive 2 1.00 1973 882 $59,900 $53,500 1/8/16710 Valiant Circle 3 2.00 1972 1,220 $89,000 $95,000 12/15/15731 Baruna Circle 2 1.00 1972 882 $59,900 $60,000 3/11/16703 Valiant Circle 2 1.10 1972 1,120 $69,000 $69,000 3/4/16

Averages 1,132 $75,371 $75,363

Cancelled Listings

Address Beds Baths YrBlt SqFt List Price Sold Price Sold Date737 Sceptre Circle 2 1.10 1972 1,120 $67,000

Averages 1,120 $67,000

Active Listings

Address Beds Baths YrBlt SqFt List Price Sold Price Sold Date718 Arrowhead Circle 4 2.00 1972 1,572 $115,800710 Baruna Circle 4 2.00 1972 1,572 $109,900

Averages 1,572 $112,850

Pending Listings

Address Beds Baths YrBlt SqFt List Price Sold Price Sold Date707 Valiant Circle 2 1.00 1972 982 $80,000

Averages 982 $80,000


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MLS #13158867

S

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PROPERTY DETAILS

$43,144723 Ticonderoga Drive, Garland

Courtesy of REALHome Services and SolutionListing informationMLS#: 13158867 Beds: 2 Sq Ft: 882 Sold Date: 12/17/15Status: Sold Baths: 1.00 Year Built: 1973 DOM: 164

FeaturesConstruction: Brick, Common Wall, Siding Fireplace Total: 1 Fireplace Feat.: Brick, Stone, WoodBurning Floors: Carpet, Ceramic Tile Interior: Central Vac, Other HOA: Mandatory Lot:Subdivision Heat: Central Air-Gas, Central Heat-Elec Parking: Attached Roof: CompositionStyle: Contemporary/Modern Stories: 1 Utilities: City Sewer, City Water Lotsize: 0.065

RemarksPROPERTY HAS TWO BEDROOM AND ONE BATH WITH SEPARATE LIVING ROOM WITH COZYFIREPLACE, AND PROPERTY HAS 2840 SQ FT LOT SIZE WITH CONVENIENT ONE ATTACHEDCARPORT. AUCTION SOLD AS IS. DUE DILIGENCE TO BE DONE PRIOR TO BIDDING. BUYEROR BUYER S AGENT TO VERIFY ALL INFORMATION: SCHOOLS, TAXES, RESTRICTIONS ANDROOM SIZES, ETC.

Source: NTREISInformation is deemed reliable but not guaranteed.


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MLS #13158867

S

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MLS #13189411

S

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PROPERTY DETAILS


Courtesy of Coldwell Banker ApexListing informationMLS#: 13189411 Beds: 3 Sq Ft: 1,472 Sold Date: 10/23/15Status: Sold Baths: 2.00 Year Built: 1972 DOM: 85

FeaturesAssoc Fee Incl.: Full Use of Facilities Construction: Siding Fence: Wood Fireplace Total: 1Fireplace Feat.: Wood Burning Floors: Carpet, Ceramic Tile Interior: Cable TV Available, WindowCoverings HOA: Mandatory Heat: Central Air-Elec, Central Heat-Elec Parking: Assigned Spaces,Attached, Covered Roof: Composition Stories: 2 Utilities: City Sewer, City Water Lotsize:0.058

RemarksMust see 3 bedroom and 2 bath condo. Bedrooms are upstairs with a Jack and Jill bath upstairs andone full bath downstairs. Has a dining room and a living room with wood burning fireplace. Kitchenhas tile countertops. Utility area on side of kitchen. Great location close to shopping, schools, eatingareas, and easy freeway access!



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MLS #13189411

S

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MLS #13199406

S

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PROPERTY DETAILS

$115,900714 Valiant Circle, Garland

Courtesy of Keller Williams Realty DPRListing informationMLS#: 13199406 Beds: 3 Sq Ft: 1,472 Sold Date: 1/8/16Status: Sold Baths: 2.00 Year Built: 1972 DOM: 108

FeaturesAssoc Fee Incl.: Exterior Maintenance Construction: Brick, Siding Fireplace Total: 1 FireplaceFeat.: Insert Floors: Carpet, Laminate Interior: Cable TV Available, Decorative Lighting HOA:Mandatory Heat: Central Air-Elec, Central Heat-Elec Parking: Covered Pool: In Ground GuniteRoof: Composition Style: Traditional Stories: 2 Utilities: City Sewer, City Water Lotsize: 0.058

RemarksGreat remodeled, fresh and clean. Pool in the community for your enjoyment. Fresh and clean paintand carpet. Great for the starting out couple or young family. Home is back on market and foundationhas been repaired. Ready for the perfect buyer...



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MLS #13199406

S

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MLS #13263817

C

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PROPERTY DETAILS

$67,000737 Sceptre Circle, Garland

Courtesy of Fdez Realty Inc.Listing informationMLS#: 13263817 Beds: 2 Sq Ft: 1,120 List Date: 10/22/15Status: Cancelled Baths: 1.10 Year Built: 1972 DOM: 156

FeaturesAssoc Fee Incl.: Other Construction: Brick, Siding Fireplace Total: 0 Floors: Carpet, CeramicTile Interior: Other HOA: Mandatory Heat: Central Air-Elec, Central Heat-Elec Parking:Assigned Spaces Roof: Composition Stories: 2 Utilities: City Sewer, City Water Lotsize: 0.058

RemarksOpen floor plan, large living room area, formal dining, large bedrooms, covered patio with large deck,board on board privacy fence, property is centrally located, close to I 30 and 635.This is a great investment opportunity, selling 'as is' and priced accordingly, will not go FHA.



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MLS #13263817

C

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LISTING PHOTOS

$67,000737 Sceptre Circle, Garland


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MLS #13266750

S

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PROPERTY DETAILS


Courtesy of Coldwell Banker Apex, REALTORSListing informationMLS#: 13266750 Beds: 2 Sq Ft: 882 Sold Date: 1/8/16Status: Sold Baths: 1.00 Year Built: 1973 DOM: 68

FeaturesAssoc Fee Incl.: Front Yard Maintenance, Maintenance of Common Areas, Partial Use of FacilitiesCommunity: Club House, Comm. Sprinkler System, Community Pool, Greenbelt, Park, RV ParkingConstruction: Common Wall, Vinyl Siding, Wood Exterior: Patio Open Fence: Wood FireplaceTotal: 1 Fireplace Feat.: Metal Box Floors: Other Interior: Cable TV Available, DecorativeLighting, High Speed Internet Available HOA: Mandatory Heat: Central Air-Elec, Central Heat-ElecParking: Covered, Front, Individual Carport Roof: Composition Style: Traditional Stories: 1

RemarksDesired single story townhome-duplex. Needs some work but most of the supplies are present.Flooring is partially installed and flooring is in unit. Foundation work has been done anddocumentation is available. Patio door has been replaced with nice doors with inside shutters. Insidehas been repainted but needs some touch up.Being sold as is.



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MLS #13266750

S

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MLS #13271213

S

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PROPERTY DETAILS


Courtesy of Keller Williams Realty PlanoListing informationMLS#: 13271213 Beds: 3 Sq Ft: 1,220 Sold Date: 12/15/15Status: Sold Baths: 2.00 Year Built: 1972 DOM: 4

FeaturesAssoc Fee Incl.: Exterior Maintenance, Front Yard Maintenance, Full Use of Facilities, SprinklerSystem Community: Club House, Community Pool Construction: Siding Exterior: PatioCovered Fence: Wood Fireplace Total: 1 Fireplace Feat.: Wood Burning Floors: Carpet,Ceramic Tile, Laminate Interior: Cable TV Available, High Speed Internet Available HOA:Mandatory Heat: Central Air-Elec, Central Heat-Elec Parking: Covered, Front Roof: CompositionStyle: Traditional Stories: 2 Utilities: Concrete Virtural Tour: www.tourfactory.com/idxr1454456Lotsize: 0.058

RemarksAwesome 4-plex with easy access to 635. Granite! Laminate wood in living room & master. Ceramictile in all wet areas & dining room. Split floor plan. Master down & secondary bedrooms up. Privatescreened in back porch. HOA maintains exterior, paint, & roof. Very clean! Won't last at this price.



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MLS #13271213

S

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MLS #13322665

S

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PROPERTY DETAILS

$60,000731 Baruna Circle, Garland

Courtesy of RE/MAX DFW AssociatesListing informationMLS#: 13322665 Beds: 2 Sq Ft: 882 Sold Date: 3/11/16Status: Sold Baths: 1.00 Year Built: 1972 DOM: 5

FeaturesAssoc Fee Incl.: Blanket Insurance, Full Use of Facilities, Maintenance of Common Areas,Management Fees Community: Park, Playground Construction: Brick Fence: Wood FireplaceTotal: 1 Fireplace Feat.: Wood Burning Floors: Laminate Interior: Cable TV Available, HighSpeed Internet Available, Vaulted Ceilings HOA: Mandatory Lot: Corner, Interior Lot Heat: CentralAir-Elec, Central Heat-Elec Parking: Attached, Covered, Porte-Cochere Roof: Composition Style:Tudor Stories: 1 Utilities: City Sewer, City Water, Concrete, Curbs Lotsize: 0.058

RemarksThis single story cozy home is perfect for downsizing or starting out. Large back patio area forenjoying your private outdoors as well as a nice setting garden area in front under mature shade tree.Windows, storm door and kitchen appliances replaced in last six months. You won't want to miss outon this jewel. We are in a multiple offer situation. Please submit highest and best by or before Monday02.22.2016 at 8 AM.



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MLS #13322665

S

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MLS #13323514

S

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PROPERTY DETAILS


Courtesy of Century 21 Alicia Trevino, ReaListing informationMLS#: 13323514 Beds: 2 Sq Ft: 1,120 Sold Date: 3/4/16Status: Sold Baths: 1.10 Year Built: 1972 DOM: 3

FeaturesAssoc Fee Incl.: Blanket Insurance, Exterior Maintenance, Front Yard Maintenance, Full Use ofFacilities, Management Fees Community: Club House, Comm. Sprinkler System, Community Pool,Perimeter Fencing Construction: Vinyl Siding Exterior: Covered Porch(es), Patio Covered,Sprinkler System, Storage Building Fence: Wood Fireplace Total: 1 Fireplace Feat.: WoodBurning Floors: Carpet, Vinyl Interior: High Speed Internet Available, Vaulted Ceilings, WindowCoverings HOA: Mandatory Heat: Central Air-Elec, Central Heat-Elec Parking: Area Assigned,Covered, Front, Individual Carport Roof: Composition

RemarksWell maintained, 2 bedroom townhouse, with a side yard. Low maintenance vinyl siding. Will leaverefrigerator, washer, dryer, microwave, coffee maker, yard tools, and partially furnish if desire. HOAdues cover front yard maint. use of pool and clubhouse. $1500 allowance with full offer. Property hasa storage attached, cover patio and carport. PRICE TO SELL!



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MLS #13323514

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MLS #13327998

A

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PROPERTY DETAILS

$115,800718 Arrowhead Circle, Garland

Courtesy of United Real EstateListing informationMLS#: 13327998 Beds: 4 Sq Ft: 1,572 List Date: 2/27/16Status: Active Baths: 2.00 Year Built: 1972 DOM: 28

FeaturesAccessibility: Ramp Assoc Fee Incl.: Maintenance of Common Areas Construction: SteelExterior: Covered Porch(es) Fence: Wood Fireplace Total: 1 Fireplace Feat.: Brick Floors:Ceramic Tile, Concrete, Laminate Interior: Window Coverings HOA: Mandatory Heat: Central Air-Elec, Central Heat-Elec, Other Parking: Covered Roof: Composition Secuity: Fire/Smoke Style:Traditional Stories: 2 Utilities: City Sewer, City Water Lotsize: 0.058

RemarksBack in the market!!! Location! Convenience to 635, NW HW, Centerville. Beautiful 4 bedrooms, 2baths, 1572 square foot home w many updates & ready to move in. New granite kitchen counter top,new Stainless steel sink & Kitchen faucet, new Carpet, new paint, new Wood floor, new Tiles in allBaths, new faucets, new Appliances. Foundation was recently done. Corner lot with private highfence. Fresh & clean. Price to sell fast. Hurry! Won't last!!!



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MLS #13327998

A

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MLS #13331679

P

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PROPERTY DETAILS


Courtesy of Keller Williams Realty PlanoListing informationMLS#: 13331679 Beds: 2 Sq Ft: 982 List Date: 3/4/16Status: Pending Baths: 1.00 Year Built: 1972 DOM: 3

FeaturesAssoc Fee Incl.: Exterior Maintenance, Front Yard Maintenance, Full Use of Facilities, Maintenanceof Common Areas, Management Fees, Sprinkler System Community: Club House, CommunityPool, Playground Construction: Brick, Siding Exterior: Covered Porch(es), Patio Covered Fence:Wood Fireplace Total: 1 Fireplace Feat.: Masonry Box Floors: Carpet, Vinyl Interior: Cable TVAvailable, Decorative Lighting, High Speed Internet Available HOA: Mandatory Lot: Interior Lot,Landscaped, Some Trees, Subdivision Heat: Central Air-Elec, Central Heat-Elec Parking:Covered, Front Roof: Composition

RemarksImmaculate property! Pride in homeownership is seen everywhere with meticulous detail an dmaintenance form owner. Will not find a nicer property in this price range. HOA includes all exteriormaintenance, lawn care and roofing(not utility's). Please remove shoes when entering.



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MLS #13331679

P

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MLS #13341567

A

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PROPERTY DETAILS


Courtesy of George Venner Real EstateListing informationMLS#: 13341567 Beds: 4 Sq Ft: 1,572 List Date: 3/18/16Status: Active Option Contract Baths: 2.00 Year Built: 1972 DOM: 7

FeaturesConstruction: Brick Fence: Wood Fireplace Total: 1 Fireplace Feat.: Wood Burning Floors:Carpet, Ceramic Tile, Laminate Interior: Cable TV Available, High Speed Internet Available HOA:Mandatory Heat: Central Air-Elec, Central Heat-Elec Parking: Attached Roof: CompositionStories: 2 Utilities: City Sewer, City Water Lotsize: 0.058

RemarksJust Remodeled with all new flooring, granite countertops, paint and so much more! This spacioustownhome has 4 bedrooms, private covered parking, and is located in a prime location, offering easyaccess to I-635 & Northwest Hwy. Don't miss this rare opportunity. Home is *As Is



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MLS #13341567

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ANALYSIS

Sold Listings

Number of listings 7

Lowest price $43,144

Average price $75,363

Highest price $115,900

Avg price per sqft $65

Avg DOM 62

Cancelled Listings






Avg DOM 156

Active Listings






Avg DOM 17

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COMPARABLE PROPERTY STATISTICS


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Pending Listings






Avg DOM 3


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ANALYSISCloud CMA

SOLD PROPERTY ANALYSIS

Address List Price Sold Price Difference DOM $ per Sqft723 Ticonderoga Drive $44,900 $43,144 -3.91% 164 $49742 Ticonderoga Drive $99,900 $91,000 -8.91% 85 $62714 Valiant Circle $105,000 $115,900 10.38% 108 $79707 Ticonderoga Drive $59,900 $53,500 -10.68% 68 $61710 Valiant Circle $89,000 $95,000 6.74% 4 $78731 Baruna Circle $59,900 $60,000 0.17% 5 $68703 Valiant Circle $69,000 $69,000 0.00% 3 $62

Sold Averages $75,371 $75,363 -0.01% 62 $65


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INFOCloud CMA

COMMISSION DISTRIBUTION

Real Estate AgentsNearly nine out of 10 real estate agents work on commission, and are paid only when the transactioncloses. Except for the legal profession, real estate agents are the only fiduciaries and agents who workthis way.

Commissions are paid according to the terms of twocontracts - the listing agreement, and the salescontract.

To simplify how commissions are routed, the realestate industry customarily allows all salescommissions to be paid out of the seller's proceeds,according to the terms of the listing agreement.

BrokersAccording to licensing law, only licensed brokers canserve as fiduciaries. They have “agents” or licensedsalespeople who work for them, but they have thelegal responsibilities of operating the brokerage. Thesalesperson license allows salespeople to serve asagents of the broker. They can negotiate contracts,but the seller is actually negotiating with the broker,by proxy. It’s the broker’s company name andsignature on the listing contract.

DistributionOnce the home is listed in the Multiple ListingService (MLS), the listing broker discloses the termsof the commissions to other competing brokers, so they will bring their buyers to the listing. When thebuyer’s broker presents a contract to the seller, it will include a provision to collect their share of the salescommission, as offered by the listing agent in the MLS.

That means a commission can be split as many as four ways:

• Listing broker or agent• Listing salesperson• Buyer’s broker or agent• Buyer’s salesperson

At closing, the listing agent is paid by the escrow agent out of the seller’s proceeds, or a day or two laterwhen the buyer’s loan is funded by the lender. The listing agent, in turn, pays the buyer’s agent his or hershare of the sales commission.

All commissions are negotiable, but sellers should keep in mind that commissions are incentives.


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INFOCloud CMA

WHY YOU NEED A REAL ESTATE PROFESSIONAL

If you’re planning to sell your home, it’s probably crossed your mind to try to sell it yourself and save thesales commission. But, there are some very good reasons why that would be a mistake.

According to housing industry experts at HomeGain.com and Realtor.org, more homes listed by realestate agents are sold than homes marketed by owners, and they sell more quickly and for more money.

Homes listed by real estate professionals get more exposure and their sellers get more support. Realestate professionals offer many advantages:

• They’re trained and licensed professionals.• They have experience in your neighborhood and your market.• They have oversight from brokers and state licensing officials.• Their job is to advise you the best way to reach your goals.• Their continuing education keeps them up-to-date on housing issues.• They know how to present your home and deal with buyers.• They know how and where to market properties.• They know how to overcome typical snags that occur in all real estate transactions and closings.• They understand state-required disclosures and look out for your best interests.• They understand personal safety and security for your belongings during showings.• They know the best resources to make transactions go more smoothly, from bankers to home-

stagers to contractors.• They have the most accurate data sources – the MLS, the only data repository that has the most up-

to-date listing and sales information.• They know how to negotiate.• Their job is making real estate transactions successful.

When you market your own home, you have to make the time to do all the jobs a real estate professionalwould do, and you’ll be competing against other sellers who have real estate professionals by their sides.

If you can’t leave work to show your home, or you feel it requires more knowledge and experience thanyou have, you can’t go wrong by hiring a well-respected real estate professional.


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INFOCloud CMA

INTELLIGENT PRICING AND TIMING

Pricing a home for sale is as much art as science, but there are a few truisms that never change.

• Fair market value attracts buyers, overpricing never does.• The first two weeks of marketing are crucial.• The market never lies, but it can change its mind.

Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home.Values can be impacted by a wide range of reasons but the two largest are location and condition.Generally, fair market value can be determined by comparables - other similar homes that have sold orare currently for sale in the same area.

Sellers often view their homes as special which tempts them to put a higher price on the home, believingthey can always come down later, but that’s a serious mistake.

Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyersshop by price range, and look for the best value in that range.


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INFOCloud CMA

INTELLIGENT PRICING AND TIMING

Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh andexciting to buyers and to their agents.

With a sign in the yard, a description in the local Multiple Listing Service, distribution across the Internet,open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will getthe greatest flurry of attention and interest in the first two weeks.

If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparingwell to the competition. Since you can’t change the location, you’ll have to improve the home’s conditionor lower the price.

Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’scurb appeal, or perhaps stage the interior to better advantage.

The market can always change its mind and give your home another chance, but by then you’ve lostprecious time and perhaps allowed a stigma to cloud your home’s value.

Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly atfair market value.


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INFOCloud CMA

CURB APPEAL, A FIRST IMPRESSION THAT LASTS

First ImpressionsMost buyers form their first impression of your home before they even get out of their cars. This is “curbappeal,” or the view from the curb that tells the buyer how attractive and well-maintained your home iscompared to other homes. In a competitive market, it takes more than trimming the hedges and plantinga few flowers to create curb appeal.

The exterior of your home must be in pristine condition – freshly painted, cleared of clutter, with novisible repairs needed. A broken step, overgrown bush, or abandoned toys in the yard can spoil theappearance and your buyer’s first impression.

Curb AppealCurb appeal is important because it sets the tone for what the buyer is going to see inside. If the buyerlikes the exterior, he or she will be predisposed to also like the interior and you’re that much closer toselling your home. To see what needs to be done to sell your home faster and for a higher price, gooutside, stand on the curb and try to look at your home the way the buyer will.

Walkways/driveways - Make sure walkways are clear of snow, weeds, or debris. Repair or replacecracked steps or pavers. Driveways should also be clear of vehicles, toys and debris. Park cars in thegarage.

Landscaping - Keep your lawn mowed, edged and watered. Prune dead branches and plants. Weedflower beds and replace leggy, thin landscaping with fresh plants and flowers.

Exterior - Replace loose or damaged roof shingles, clean the gutters, and paint and caulk window trimand doors. Repaint the front door an eye-catching color that complements the rest of the exterior.Replace broken windows.

Entry - Power wash siding, brick, windows, and porches. Paint or replace furniture such as rockingchairs or porch swings. Replace mailboxes, light fixtures, door knobs or any other fixture that looks lessthan fresh. Put out a welcoming new floormat.

Some parts of your home may require more work than others, but it’s well worth it to get buyers eager tosee what’s inside.


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INFOCloud CMA

SHOWINGS AND OPEN HOUSE CHECKLIST

Once your home goes on the market, real estate agents may call to show your home anytime, day orevening. Keeping your home "showtime" ready can be challenging, especially if you have children andpets.

Showings & Open House checklist• Eliminate clutter: Not only is clutter unattractive, it’s time-consuming to sort through and expensive

for you to move. If you have a lot of stuff, collections, and family mementoes, you would be better offrenting a small storage unit for a few months.

• Keep, donate, throw away: Go through your belongings and put them into one of these threebaskets. You’ll receive more in tax benefits for your donations than pennies on the dollar at a garagesale. It’s faster, more efficient and you’ll help more people.

• Remove temptations: Take valuable jewelry and collectibles to a safety deposit box, a safe, orstore them in a secure location.

• Remove breakables: Figurines, china, crystal and other breakables should be packed and putaway in the garage or storage.

• Be hospitable: You want your home to look like a home. Stage it to show the possibilities, perhapsset the table, or put a throw on the chair by the fireplace with a bookmarked book on the table.

• Have a family plan of action: Sometimes showings aren’t convenient. You can always refuse ashowing, but do you really want to? If you have a showing with little notice, get the family engaged.Everyone has a basket and picks up glasses, plates, newspapers, or anything left lying about.

• Get in the habit: Wash dishes immediately after meals. Clean off countertops. Make beds in themorning. Keep pet toys and beds washed and smelling fresh.

• Clean out the garage and attic: Buyers want to see what kind of storage there is.

The Essential Five-minute Clean-up for ShowingsEveryone gets their baskets and cleans up clutter. Check for hazards, like toys left on the floor. Makesure all toys, including bicycles, are put away.

• Put pets in daycare, sleep cages or take them with you: In the listing instructions, there shouldbe a warning if there is a big dog on premises. Buyers with allergies also may appreciate knowing inadvance if you have pets.

• Turn on lights: Open the drapes, turn on lights so buyers can really see.• Give the buyer privacy: The buyer can not come to your home without being accompanied by an

agent. The buyer can assess your home more honestly without your presence.


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INFOCloud CMA

MOVING CHECKLIST

Moving to a new home can be an exciting journey. Whether you’re changing cities or neighborhoods, amove is not only a change in scenery, it’s the start of a new chapter in life. Yet, moving can also be verystressful, often seeming like one thing after another has to be done. By finding the right moving serviceand having a good, though flexible, moving plan, most of the common moving headaches can be easilyavoided.

Start planning your moveFinding the best mover for your particular needs and at the right price involves a simple evaluation ofyour needs. Like many service-oriented industries, the moving companies of today have expanded tooffer a wide range of services in order to be competitive. From planning your move, to storing yourthings, to packing and unpacking, to decorating and organizing your belongings in your new home, youcan choose the extent of services you require and have them tailored to suit your moving budget.

Deciding what to pack isn’t as simple as it sounds, particularly if you’re downsizing, but the amount ofgoods as well as the type of goods you’re moving can make a big difference in which mover you chooseand how much you’ll spend.

A good rule of thumb is to group items into no more than three categories - Keep, Donate, Throw Away.Label your things according to the rooms where they’ll be moved – bedroom #2, first floor powder bathby stairs, etc. Provide your movers with copies of the floorplan of your new home, so they can movemore efficiently without having to stop and ask you where things go. Lastly, remember that the movers,though they are professionals, will get tired. On the Chicago-based Bernard Movers website, the moversadvise keeping boxes under 50 pounds whenever possible. They also strongly recommend puttingheavier items in smaller boxes to reduce bulkiness, and lighter items in larger boxes with proper labelinglike "topload."

Get referralsAccording to Mayflower.com, one of the nation’s most recognized movers, finding a good moving servicebegins with asking someone you know - a family member, coworker or a friend about their movingexperiences, good or bad. Who do you know who works with people who frequently move? Your realestate professional can also be an excellent source of information. And if you’re being transferred, askyour relocation agent which moving companies their company recommends. Other employees of yourcompany who have preceded your relocation may also be able to suggest a reputable mover.

Large industry organizations such as American Moving and Storage Association have associatemembers listed on their Web sites. These associate moving company members must agree to abide bythe terms of the organization's published tariffs and to participate in the Arbitration Program sponsoredby the organization, which may be positive for consumers. Although the AMSA doesn't recommendmovers, a list of members is posted on the site, along with helpful hints. The AMSA does suggest gettingseveral estimates in order to compare cost and range of services.

Consumer organizations such as the Better Business Bureau can give you additional insights. If thecompany is registered through BBB, then you can find all relevant information from their corporate


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address, BBB rating, if there are any complaints against the company, the names of any and allmanagement, and any specific licensing that your state may require. Of course one of the many placesto start looking for your mover is the Internet. Online you can find and compare many moving companies’services on their websites.

Comparing moversWhen you compare price and service estimates from several moving companies, you will find thatestimates are based on the weight of your household items, the distance they will be moved, and theamount of packing and other services you will require. Be sure to show the estimator every single itemthat will be moved. Find out if your mover accepts credit cards, third-party payments from your company,or whether the mover operates by cash only. Negotiations with your mover should include a clearunderstanding of rates and charges that will apply, the mover's liability for your belongings, pick-up anddelivery schedules, and claims protection. For example, if you decide to pack some of your own things,your mover will not be liable. If your estimate is binding, it will not cover non-itemized items. Non-bindingestimates are not guaranteed rates, and only cover the weight of your shipment, and the cost of themoving services. An estimate still has to be performed before a mover will provide you with a bindingcontract.

If you are moving interstate, you should read and understand all of the information you will receive. Inaddition to brochures explaining their various services, moving companies should give you a copy of aconsumer booklet entitled "Your Rights and Responsibilities When You Move" and information regardingthe mover's participation in a Dispute Settlement Program. Distribution of the consumer booklet and therequirement that movers must offer shippers neutral arbitration as a means of settling disputes that mayarise concerning loss or damage on household goods shipments are requirements of the FederalHighway Administration (FHWA).

Be preparedEven in the most well-planned moves, something can happen. Insurance is crucial. Check with yourhomeowner’s insurance carrier about coverage for your belongings while moving. Your mover willprovide either released value insurance (about $0.60 per pound of goods lost or damaged, according toNAVL.com) or full replacement value, which you must sign for on your bill of lading. If you are not surehow to estimate the value of your belongings for insurance purposes, your insurance carrier may providesuggestions, such as $10,000 per room or half the value of the new home. Items of special value such asheirlooms, paintings, or collectibles can be insured under separate riders. In the event of damage to anitem, file a claim immediately. Be sure to save the packing materials to show to the adjuster, should therebe any problems.


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INTROCloud CMA

SHORT SALES AND FORECLOSURES

Distressed PropertyShort sales and foreclosures are the result of homeowners in distress. A “short sale” simply means thehomeowner’s lender has given permission to the homeowner to sell the home for less than the remainingbalance of the loan.

To accomplish this, the seller must show the lender why they are in distress, such as job loss or illness,or that home values have fallen to the point that the seller doesn’t have enough equity in the home tobreak even or sell at a profit. If the seller can show means to continue paying the note, it’s unlikely thebank will grant a short sale, but if it appears the seller is about to default, the bank may agree to a shortsale in order to minimize its losses.

The terms of the short sale allow the seller to walk away from the mortgage while avoiding foreclosure,but the loss to the lender will be reflected in the seller’s credit report, possibly delaying their ability torepurchase a home in the near future. At the least, the next lender will require more down or demand ahigher interest rate.

Foreclosure ProceedingsOnce a homeowner defaults on mortgage payments, the bank begins foreclosure proceedings. Thehomeowner has many chances to stop the sale by paying the amount owed, until the home is put into apublic auction. At that point, the homeowners loses all ability to retrieve the home. If the home does notsell at auction, it’s taken back by the bank as an “REO” which stands for real estate owned. The homethen becomes an asset holding of the bank. REOs are managed by asset managers who are employedor contracted by the bank. REOs are put on the open market, often with a real estate professional whospecializes in distressed sales. Foreclosures that are purchased this way typically are sold “as-is,” whichmeans the bank has no intention to make environmental or structural repairs. So, buyer beware. When abuyer makes an offer on an REO, the asset manager decides whether or not to counter or accept, andstrives to get as close to or above the original loan amount as possible.

The Price of a BargainWhile short sales and foreclosures can be bargains to buyers, they don’t come without a price. Becausethe lender is losing money on both short sales and foreclosures, the process to buy these homes takeslonger and offers no guarantees to buyers. The length of time they are on the market, deferredmaintenance, and stigma hurts surrounding home values, as much as 20 percent, according to theNational Association of REALTORS®. Buyers should know that building equity takes time, and that thebest home to own is the one you can comfortably afford.


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INTROCloud CMA

THE VALUE OF YOUR HOME

In a neighborhood of similar homes, why is one worth more than another? That’s the question that’steased buyers and sellers for ages, but the answer is simple.

Every home is different.When a home is sold, a willing seller and a willing buyer have just announced to the world the value ofthat home. From there, other similar homes are benchmarked, but other factors come into play. The mostimportant are:

Location - The closer a home is to jobs, parks, transportation, schools, and community services, themore desirable it is.

Size - Square footage impacts home values because they’re built using more materials. Larger lot sizesmean more privacy.

Number of bedrooms and baths - Over time, median homes have grown larger. Decades ago,household members shared bedrooms and baths without complaint, but today, families want moreprivacy. The median home purchased today is a three-bedroom, two-bath home.

Features and finishes - Features such as outdoor kitchens and spa baths make a home more luxurious.A home finished with hardwood floors and granite countertops is going to cost more than a home withcarpet and laminate countertops.

Condition - The closer a home is to new construction, the more it will retain its value. It’s perceived asmore modern, up to date, and perhaps safer. Homes that are not updated or in poor repair sell for less.It’s a good idea for homeowners to keep their homes updated and in top repair.

Curb appeal - From the street, the home looks clean, fresh, and inviting. Fresh landscaping and flowerswon’t change the size or location, but they certainly add charm.

When two homes are identical in the same neighborhood, a higher price may come down to somethingas simple as views, or paint colors, or the overall taste of the homeowner.

Valuing a home will never be an exact science, but if you buy wisely, keep your home updated and ingood repair, you should recoup most if not all of your investment.


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This is a broker price opinion or comparative market analysis and should not be considered an appraisal or opinion of value. In making any decision that relies upon my work, you should know that I have not followed the guidelines for development of an appraisal or analysis contained in the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation.

739 Baruna Cir, Garland, TX 75043, United States RE Investor · INTRO Cloud CMA MAP OF ALL LISTINGS...

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