Hey, it's Wayne Turner and you're watching the Daily Real Estate Show. Hey, I'm Wayne Turner. I'm the broker over at Turner Real Estate. You do not want your front door to look like this. If you wanna buy a house, just ask yourself these three questions. Purchase these houses for literally 500 dollars out of pocket. For more than 21 years, I have specialized in the sale in homes. Beautiful day, going to list a house.

 

I wanted to talk a little bit today about homeowners, condition of property, first time homeowners more so than anything and I get this question a lot. What about the condition of my house? They'll say, "Wayne, I've never saw the house before." Or most os the time, I can just kind of tell. I've been doing this for a long time and I can just kind of tell and I ask people, "Have you ever owned? Was this your first home? Have you ever sold a home before?"

 

We try to make it as easy as possible. Most importantly, the purpose of the videos and the things that we do is to educate consumers here on the North Shore about selling their home and pretty much anywhere in the country, if you're selling your house.

 

So condition, people ask me about condition. The best thing to do is clean, clean, clean, clean, clean. Start at your front door and wipe down your front door. After you wipe it down, if it still looks like it may be a little mold, a little mildewy or if it just has a little bit of dirt or grime, put a fresh beat of caulk, fresh coat of paint. Clean it up really good. If you have to, change the doorknobs. If they're faded, the sun's beat them down, change the doorknobs. By changing the doorknobs, it will actually make the house look a hundred times better.

 

It's that first impression. When you walk up to the house for the first time, you're looking at homes you walk up to the door and you're like, "Wow. If the front doors look this nice, the inside must be fantastic." That's the first thing is clean front door. The next thing is landscaping, spruce it up on the outside. Put down pine straw. I've discovered over the years that you can use pine straw as opposed to pine bark mulch. It's much cheaper. It doesn't put off the odor and termites don't eat the pine straw, but they love ...

 

I never figured that out. Think about that. You're going to take moist chops of wood and put it all along down on the ground, right up to your house. Don't do that. Just use pine straw, pine needles. A quick little shout-out to Gomez Pine Straw. He does a fantastic job. I've used him personally for years. He delivers. Gomez Pine Straw. Just google Gomez Pine Straw [inaudible 00:02:32]. Tell him Wayne Turner sent you.

 

Anyway, that's the only condition. Hope you're having a good day. If you've just tuned in, you're watching the Daily Real Estate Show. The thing that ... The other thing is people say, "What is your house worth? Well, what is my house worth? How I know what my house is worth?" We do a couple of things. One, I subscribe to the same database as real estate appraisers do. I know based on other homes that have sold in the last six months in the area, within a three mile radius of your house, what the value is going to be.

 

For example, if your house is sold and your in a residential neighborhood with 500 houses, I can promise you there's going to be at least three homes that are gonna be comparable to yours that have closed in the last six months. That's real simple. We just take those sold properties and we look at what your bedrooms, baths, square footage, year built and we try to find three comparable properties. We're not looking at active homes. We're not looking at homes that are on the market. We're looking at the homes that are physically closed and sold.

 

Once we find those three, we pretty much look at those. We make some variances based on condition, paint, carpet, what theirs has that yours doesn't have. I hope you're having a good day. You can catch us on the web, Wayne Turner d

See Below for the Full Transcript of this Episode

Hey I'm Wayne Turner. You're watching "The Daily Real Estate" show.

 

Hey I'm Wayne Turner, I'm the broker owner of Turner Real Estate Group.

 

You do not want your front door to look like this.

 

If you want to buy a house just ask yourself these three questions.

 

Purchase these house for literally $500 out of pocket.

 

For more than 21 years I have specialized in the sale of homes.

 

Beautiful day. I'm going to list a house.

 

The reason why I started the show just to give you a quick rundown. I've been selling real estate for 21 years, and closed over 3,000 real estate transactions in 21 years. And the knowledge and the experience, that I can give bring. I just want to make the transaction of purchasing and selling residential real estate, which we specialize in to be easier on the consumer. If it's easier on the consumer then hopefully we put out some information that's easy for agents to learn, and just make the whole process much simpler for everybody.

 

So anyway today I want to talk a little bit about the contract. I have a copy of the required Louisiana Real Estate Commission Contract. So this contract is nine, well this one just depends on how you copy it, it's seven pages, eight and a half by 11, seven pages. When I first started in the business any real estate brokerage could use any contract, and a lot of them were just one page. They were a front page, and then they went to a front and back page. And then they started going to two pages, and then three pages, then four pages.

 

So now they're seven. I'm sure in 10 years they'll be 15 pages long. But just a couple of things to run down here. In the state of Louisiana they call it closing, or close of escrow, or they call it an act of sale. It's Napoleon Law that's what they call it here in Louisiana. So it's a little bit different meaning that we're the only state in 50 states, that call a county a parish.

 

Anyway wanna run down the contract. One of the things people ask me well, what stays with the property. And so here's one of the things that they've changed. All window coverings, blinds, and associated hardware. So a lot of people say, "Well they didn't ask for the drapes." They don't have to, technically it's in the contract. Window, air conditioner units, it's in the contract.

 

Built-in appliances. And people ask me about built-in appliances it's like, "Well what's built-in because the stove can slide out?" And so to keep from the confusion, your stove, your dishwasher, and your microwave, those three things if they're built-in, if they're in the house those are the items that have to stay with the property. It doesn't have to stay, but that's what's customary.

 

The refrigerator's usually a negotiable item. About 50% of my clients say, "We're gonna get a new refrigerator." And about the other half say, "We want to take it with us maybe we'll put it in the garage of our new house." So, that's one of the things that's a negotiated item.

 

As far as price, of course you just put the price in any contract. And if there's anything here on the contract, that you want to not have stay with the property you put it in there. But a lot of people ask me about built-in speakers like, they'll have built-in speakers, and this is what I suggest to everyone.

 

If you have a speaker in your house, a light fixture in your house, something that's within your home, that you want to remove, or you don't want to include in the sale, I highly recommend just taking it down before you sell the property, before a buyer even sees a photograph of it. Just remove it, replace it with something comparable. It's so much easier, and a lot less stressful on yourself there.

 

So people ask me about appraisals, and looking here, and I can tell you that from the standpoint of a homeowner they pay for the homebuyer pays for the appraisal, the homeowner wants to know what did my property appraise. I c

Hey, it's Wayne Turner. Hope you're having a good day. You are watching the Daily Real Estate Show.

 

Hey I'm Wayne Turner. I'm the broker on [inaudible 00:00:08] Real Estate Group.

 

You might want your front door to look like this.

 

If you want to buy a house, just ask yourself these three questions.

 

We purchase these houses for literally $500 out of pocket.

 

For more than 21 years, I have specialized in the sale of homes.

 

Beautiful day. We're gonna list a house.

 

Here's something to think about. We had a friend of ours, who's actually ... A co-worker, Leanne, who works with us. And I'm gonna tell you a quick little story about her purchase of her first house. She came to us and said, "Hey. I wanna buy a house. I wanna buy my first house." And this was five years ago. And I always tell people, "You make your money when you buy."

 

Leanne purchased a house. She came us to and said, "Hey. I wanna buy a home." So she purchased her first home for $67,000 and I just put ... I wrote some notes down here. She purchased her first home of $67,000. Three bedroom, two bath, one car garage. That was five years ago. The house was not a foreclosure. It was not a bank owned home. If you wanna see those foreclosures, bank owned home, you can go to a website that we have that we provide. I'll have it pop up right here. Nolabankowned.com. Nolabankowned.com. We give you a free list of website. I'll also post a link here at the bottom of this video.

 

So, another one you can go to is affordableslidellhomes. Affordableslidellhomes. We can put the link. We'll have it pop up right here on the screen. We'll put the link down below. You can click on it.

 

So, continue watching though. $67,000, she purchased the house. That was five years ago. Today, today that house is work 110. So, that's $53,000. Now if you look at 67 and 110, like technically if you wanna get really deep into the math and look at a percentage of increase and value, that's a 64% increase in value of her home over five years. So it's like, "Oh wow. That's great. That's a lot of money. How do you get that out?" Well you get that out, of course, by selling it or refine and pulling equity out of the house. Don't do that. That's a nightmare. Don't touch your equity in your house. It is a forced savings account. Don't touch it. Sure, if you refi, but don't pull money out.

 

And if you pull money out and if you're gonna make improvements, please call me at 985-626-1313 and I'll tell you what to do and what not to do. Floorings and paint and kitchens and bath, you can't go wrong, but don't get crazy with it.

 

So, the $43,000, this is way I broke down the math. The 43,000 ... And $43,000, divide by 5 is $8,600 a year. So her house has made her $8,600 a year. So at 8,000 ... And nobody can take it away from her. It's hers. She pays the mortgage. It's her home and house is in her name. That's great.

 

$8,600 a year, so how mch is that per month because that's what your house is paying you. You're paying monthly payments, but your house, if you're increasing equity, it's paying you that $8,600 per month. There's 12 months in a year. So if you take that 8,600, divide it by 12. I already wrote it down. $716 a month, your house is paying you. I don't know if her mortgage payment isn't even that. And even with like flood insurance and everything.

 

So here's the thing, here's what I tell people. You can go rent an apartment, sure. That's great. Fine. I always tell people, "Look. Man, you're in your 20s. Live it up. Enjoy your life. I'm 45. At 30, you're still young as hell. So, enjoy your 20s, but if you do decide to purchase a house, we can ... Of course, we can help you here. It's what we do." We broker the sale of real estate, but most importantly, we wanna make sure you that you can purchase it right, you make your money when you buy, and then when you gotta sell it. You're happy because you actually have the money.

 

Like people come to me a

Hey there, it's Wayne Turner with Turner Real Estate Group. If you want to buy a house, just ask yourself these three questions. Is my credit score 620 or higher? Have I been on my job two years, or in the same line of work to produce two years of tax returns? The third question, do I have less than $1000 or do I have more than $1000? The reason why I say that is because the misconception is you have to have a lot of money in the bank to buy a house and you don't. We can do an RD loan, which is $0 down payment. We can help you with a 4% grant, another great option. 

Just a couple things. If you're thinking about buying a house, if you're curious if you can buy a house, 620 or higher, two years on your job, and you don't have to have money. It's pretty crazy. Ready to search for the one? Check it out. Search the entire MLS Realtor database for free by clicking here

Wayne Turner, Owner, and Broker of Turner Real Estate with 21 years of experience is back on the Lake 94.7.  Wayne calls into the show to discuss and gives information on the housing market along with tips and tricks the community may be interested in. 

What is today's topic? 

Home Warranties.  Wayne is informing people in the area including Mandeville, Madisonville, Covington, Slidell, Hammond, or any of the surrounding areas that no matter the age of the home, you can get a home warranty when buying a house.  He continues on to say that what is even better, is many times you can get the seller to pay for a home warranty for you. 

How much do home warranties cost?

 Wayne estimates between $500-$600 and it covers the house and all of its major components for one year.  What is even better is the policy is renewable every year, no inspection process needed.  And it's pre-written in a home buying contract that either the buyer or the seller can pay for the policy.  

When purchasing a home, this allows buyers to have less stress.  Wayne utilizes the example that if a first time home buyer buys a home, and the water heater bursts or goes out, all they would have to do is call a 1-800 number and they would be able to get a service tech out almost immediately while saving them money.

Wayne Turner is back on the Lake 94.7 for more Real Estate Updates for the North Shore including Mandeville, Madisonville, Covington, Slidell, Lacombe, Folsom, Hammond, and Ponchatoula.  

Wayne wants to discuss Home Prices on the North Shore.  He begins by saying that not since 2006 have we seen such a demand for homes on the North Shore.  

Its been over ten years since the market has exhibited the prices he is seeing. That being said, there is a lack of inventory (meaning homes on the market) on the North Shore. For example, if not another single family home was placed on the market under $300,000 in the next 3 months, there would not be any homes on the market.  This means homes are selling under 3 months (often times faster) and homeowners are seeing a large return on their equity.  

Wayne encourages users to find more about their homes at TotalPropertyAccess.com

Wayne is back on the Lake 94.7 on the Northshore.  

Wayne says when preparing to sell, that the best thing to start is to take a stepback, and look at the home from the outside and how can I spruce it up.

Wayne says an easy one is Pressure Washing.  Pressure wash the home, any walkways, the driveway.  Make it as clean as possible. 

Trim your shrubs, repaint or stain the front door if it has been discolored from the sun.  Change your door knobs if they have any discoloration.  This is the first impression anyone has on your home.  

On the inside, declutter, and spruce up.  Touch up paint.  And clean the windows.  Wayne explains that not only cleaning the outside but the inside will bring so much clarity to your windows, and can really affect the overall look.  

If you have any questions on additional Selling tips in Mandeville, Madisonville, Covington, Abita Springs, Slidell, Lacombe, or Folsom check out Wayne's tips here: www.SellWithWayne.com

Wayne Turner, Broker/Owner of Turner Real Estate Group, discusses short sales and how they may be a great option for some people. If you're upside down in your mortgage, need to get out, facing a hardship such as illness, divorce, etc. a short sale may be the best option for you. Don't let your home go back to the bank and deal with the stressful foreclosure process. Let us handle it! The bank pays the realtor commission, and we talk to them on your behalf. For you it's no money, no hassle, and it is not as impactful on your credit as a foreclosure. Also, the bank much rather work with you on a short sale than have to repossess your home. It is a win-win for all parties. For more info call us at 985-626-1313.

Wayne Turner, Broker/Owner of Turner Real Estate Group, explains what he does differently to get his listings sold fast. When Wayne lists a house people always ask, "How do you sell so quickly? Why is your average time on market so much greater than other realtors?" Wayne explains how he is able to do all that and more! For more info, call us at 985-626-1313.

Wayne Turner, Broker/Owner of Turner Real Estate Group in Mandevile, LA gives an update on the local St. Tammany real estate market. He informs home owners that there is a strong demand for real estate listings, as it's a seller's market and there are many buyers out looking yet a shortage of homes available for sale on the market. Inventory and competition are low... now is the time to sell! Call us today at 985-626-1313 for more info.