When you invest in your property’s energy efficiency, you are telling your tenants you care about the property.  Listing energy efficient upgrades increases the number of higher quality tenant prospects for your property.   

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All comparisons need to be made with properties comparable in location (within ½ - mile), size (square footage), age, style (basement, second floor, third floor, finished attic), and amenities (one - three-car garage or more, shed, pool, size of back-yard) to your property.  The agent uses information obtained by computerized listing, so this is an easy task for a knowledgeable salesperson.
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The homeowner can also make the same determination by visiting all the homes within the 1/2 - mile radius.  The main difference is the homeowner must take three steps back and look at the comparables and their own home without emotion.  They will have to formulate how to compensate for what they have and do not have compared to the comparables.

VA/HUD AUCTION PROPERTIES?
By Pierre Mouchette | Real Property Experts LLC

REO Properties, as you know, are properties that banks own.  The primary reason that a lender owns them is that they were foreclosed on, and there were no bidders at the foreclosure sale.  Consequently, the lender took them back.  VA/HUD Auction Properties are properties that had loans backed with a VA or HUD guarantee.  Those loans were foreclosed on, with no successful bidder at foreclosure, and the property reverted to the VA or HUD.

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HOW ARE MULTIFAMILY INVESTMENT BUILDING CLASSES DETERMINED?
By Pierre Mouchette | Real Property Experts LLC

Investors, lenders, and brokers have developed multifamily investment property classifications to make it easier to communicate amongst themselves.  Property classifications are A, B, C, and D.
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Letter grades are assigned to properties and areas by characteristics such as age, tenant income levels, growth areas, appreciation, amenities, and rental rates.  It is important to understand property class and area class before investing so that you know how they can affect your investment and meet your investment goals.  

KEEP YOUR RENTAL OCCUPIED
By Pierre Mouchette | Real Property Experts LLC

​Yes, tenants are looking for more and are willing to pay for it.  The following will give you an idea of what qualified tenants want.  Some of the basics according to the latest statistics include:

• Electronic Rent Payments – 78-percent want to pay their rents online, while 63-percent of them want to pay with a credit card.
• Location, Location, Location – renters preferred to walk to the grocery store and restaurants, while they preferred to drive to work.
• Pet Friendly – 33-percent of renters own a pet. They are also willing to pay a pet deposit and pay a rent premium.

​The following is a contingency that you may wish to add to your offering documentation:
The Buyer may order and pay for an appraisal on the property.  If the appraisal value is less than the total price stated in the contract of sale, the Buyer may, within three (3) calendar days of Buyer’s receipt of the appraisal, at the Buyer’s sole option, declare this offer null and void.  Buyer is entitled to a return of all deposits, if any, less the appraisal fee and any other escrow expenses or fees chargeable to the Buyer.  After that, neither the Buyer, the Seller, nor any real estate brokers shall have any further rights, obligations, or liabilities under this contract.

Do you want your family to live better lives?  One way to do this is to empower them with a healthier environment.  You have heard the old saying that we are all products of our environment ….. Go to The Environmental Working Group (EWG) website to review the outcomes of their research.  EWG is a non-profit, non-partisan organization dedicated to protecting human health and the environment.