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Housing Group Fund

Flip that burned house: before and after photos

January 5, 2012 By Ryan Lundquist 8 Comments

People can change and so can houses. Do you believe that? That’s a loaded question, I know. Maybe sometimes it’s easier for a house to change though.  Anyway, I appraised a fire-burned home in Citrus Heights a few months back and I stopped by the rehabbed version this morning to check things out while in the same neighborhood on an appraisal inspection. Housing Group Fund flipped this house with  Neighborhood Stabilization Program (NSP) funds, so you know it was done to very high standards. The difference is remarkable and change like this pumps me up because it’s really good for a neighborhood. What do you think?

fire burned house before and after photos

fire burned house kitchen before and after

fire burned master bed and bath before and after photos

burned house bathroom before and after photos

NOTE: The first three “after” photos are MLS photos and the “before” photos are my own. The agent’s “afters” turned out better than most of mine this morning, so I used hers instead. Contact Real Estate Agent Tera Coombs for more information on this property. And no, I am not being paid to promote this listing. I just think things like this are worthy of sharing. A bit of good news is nice these days in our economy, don’t you think?

If you have any questions or Sacramento area real estate appraisal or property tax appeal needs, contact me by phone 916-595-3735, email, Facebook, Twitter or subscribe to posts by email.

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Filed Under: Photos from the Field Tagged With: Appraiser in Citrus Heights, before and after photos flipped house, burned house photos, Citrus Heights Real Estate, Flip that house, flipped property, Housing Group Fund, Neighborhood Stabilization Program, NSP, photos of house flipping, Real Estate Agent Tera Coombs, Real Estate Inspection Citrus Heights, Redevelopment

Home remodel in progress & wooden pool covers

December 21, 2011 By Ryan Lundquist 4 Comments

I met up with a real estate investor friend today to shoot a short video of one of their current rehab projects. Housing Group Fund recently purchased a bank-owned property in the Sacramento area that had been sitting vacant for a very long time. This property actually racked up $48,000 in code enforcement fines too during the long process of foreclosure and vacancy. Anyway, here is a 30-second clip I put together to show the beginning point of the rehab process.

As shown in the video, I found the “pool cover” to be an inventive way to help avoid the safety risk of an empty pool and maybe avoid damage from skateboarding too. This cover was already on the property when it was purchased. What other ways have you seen a pool “secured” when there is no water?

Offering appraisal services to investors is one of my favorite roles because I enjoy seeing the “before” and “after” product as well as working outside of the scope of appraisals geared toward Fannie Mae. I am not doing any appraisal-related work on this particular house, but in other cases investors will order an appraisal from my company in order to do the following: 1) Present the appraisal to the funding source to secure capital for the project; 2) Use the appraisal as a part of a federal or state rehab program (particular programs simply require an appraisal); 3) Use the appraisal for marketing purposes to include in MLS for buyers and agents (or to get an idea of the “after improved” value for listing purposes).

I hope you enjoyed the brief video. Let me know if you have any questions.

If you have any questions or Sacramento area real estate appraisal or property tax appeal needs, contact me by phone 916-595-3735, email, Facebook, Twitter or subscribe to posts by email.

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Filed Under: Resources, Videos Tagged With: appraisal for investment property, appraisal service in Sacramento, appraisers in Sacramento, as-improved real estate appraisal, Flip that house, house flipping, Housing Group Fund, Investment proeprty in Sacramento, Lundquist Appraisal Company, photo of pool at foreclosure property, Real Estate Appraiser in Sacramento, rehab company in Sacramento, Sacramento Real Estate Appraiser, Sacramento real estate investor

How to increase curb appeal for less than $100

June 17, 2011 By Ryan Lundquist 8 Comments

We’ve come to the end of “Blight Week“, so it seems fitting to finish this discussion with some very practical ideas for how to easily help a neighborhood look better. I asked seven trusted Sacramento real estate professionals for some tips on how to increase curb appeal for less than $100, and here is what they said:

Keith Klassen, Burmaster Real Estate Services: While pruning and planting is the stand-by and must do for curb appeal on the cheap, many times painting either the front door or just the trim on the home can make it stand out.  I know someone else who takes the window screens off the front of the home, which when left on gives the house “black eyes.”

Jacque McBurney, Dean Adams Residential Brokerage: Here are some suggestions for outside of the home under $100: Keep lawn mowed and trimmed. Spray down any spider webs and bird droppings. If you have spare paint – paint trim and/or entry door to make a cleaner appearance. Fix broken porch lights, address plates or mail boxes. Replace worn doormat and torn screens. Plant new flowers in front & put down new bark. Get rid of any debris or old boxes/garbage that may be in sight (less is more). If you show pride of ownership others will see it and that will make your home more desirable than any other home on the block. First impressions are the most important!

tamara-dorrisTamara Dorris, Realtor: I would say the best, cheapest way to give a house-front a facelift would be to get rid of all the garbage and debris, trim back shrubs, weeds, overgrowth, wash windows, (all pretty much free), and for your budget, paint trim and plant some bright flowers.

kellie-swayneKellie Swayne, Dunnigan Realtors: I’ve found that a LOT can be done for free by owners to increase their curb appeal.  The first and most important thing is to put a little sweat equity into the home and spend some time outside!  Mow the lawn, edge, weed the gardens, trim the trees and shrubs, clean the gutters, dust away the cobwebs, water blast any stains off of concrete, porches or siding, get the paint out of the garage and touch up any places that might need it, and CLEAN THE WINDOWS.  If trees are lacking, get in touch with SMUD and the Sacramento Tree Foundation who offer free shade trees! I’ve also noticed that sometimes homes that look a little plain in the front can be dressed up with some inexpensive shutters, if the space is right. I would also recommend putting a little bit of the $100 toward some fresh colorful flowers.  Or, if the landscaping is already colorful – think about adding some shredded bark or mulch of some kind.  You can even get free wood chips from PG&E (800-743-5000).

Dennis Lanni, Housing Group Fund: How about replacing broken & old single pane windows for free!  Sacramento is an amazing community with rich resources to spur community improvement. One of my favorite programs running right now is the Community Resource Project, which is a free program that promotes energy conservation by upgrading windows, door weather-stripping and much more.

LJ, Connect Realty: If your home is currently on the market, there are likely many competing sales nearby. This means your home has to sparkle in order to draw buyers. One great way to facilitate this is by pressure washing your driveway and the sidewalk in front of your home. This can drastically reduce unsightly oil stains and other discolorations. Fences can also be pressured washed, but beware because pressure washers release a very strong stream of water that may damage wood surfaces if you use the wrong tip or operate the spray nozzle too close to the surface. Pressure washers can often be rented for approximately $50-$60 per day at select Lowe’s and Home Depot stores.

Heather Ostrom, RosevilleandRocklin.com: I know not everyone has the budget for big fixes or upgrades, so I think just sweeping up the driveway and sidewalk as well as picking up trash does wonders. Mowed and maintained lawns and hedged bushes and shrubs are also something that really has high-impact. If a car must be kept in the driveway or on the street, keep it web-free and clean. Paint your front door or mailbox if it’s looking dingy and worn because it can be a high-profile yard item.

Can we solve blight? There are no simple answers to end blight in a community because it is a complex issue, yet at the same time a focus on getting to know neighbors and taking care of some of the small signs of neighborhood decay is a relevant place to begin. It’s these “small things” that really add up to help make or break the image of a neighborhood and impact the ethos of the community too. Thank you everyone for reading along this week.

What do you think of the tips? Anything else you’d like to add?

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Filed Under: Resources Tagged With: beautification, blight on a budget, blightweek, Community Resource Project Sacramento, curb appeal, dealing with blight, Dean Adams Residential Brokerage, Dennis Lanni, front yard landscaping, Heather Ostrom, Housing Group Fund, Jacque McBurney, Keith Klassen Burmaster Real Estate, Kellie Swayne Dunnigan Realtors, Lundquist Appraisal Company, Real Estate Appraiser in Sacramento, realtor tips, RosevilleandRocklin, Sac Tree Foundation, Sacramento real estate agents, Sacramento Real Estate Appraiser, SMUD, Tamara Dorris Carmichael Real Estate, tips from real estate agents, tips to spruce up curb appeal

A major remodel of a $5,000 house in Sacramento

February 2, 2011 By Ryan Lundquist 9 Comments

This house was a major Oak Park fixer, and it actually sold in 2010 for $5,000. No, I’m not kidding. This was the lowest sale in all of Sacramento County last year, and there was certainly a good reason for that. Have a look at the video below to catch a glimpse of images throughout the rehab process and a walkthrough of the finished product.

This property was rehabbed by Housing Group Fund under the umbrella of the Neighborhood Stabilization Program (NSP) through SHRA. I shot this video during an appraisal inspection, and I have full permission to share the video and information (otherwise I would not be sharing it). And no, I’m not asking blog readers to buy this house and I’m not marketing to you either. I simply want to share a video about a house we’ve talked about here on the blog a couple times already. 

What do you think?

If you have any real estate appraisal, valuation consulting, or property tax appeal needs, contact me at 916.595.3735, www.LundquistCompany.com or via Facebook.

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Filed Under: Resources, Videos Tagged With: $5000 house, appraiser in Oak Park, appraiser in Sacramento, Housing Group Fund, Lundquist Appraisal Company, Neighborhood Stabilization Program, NSP, Oak Park Neighborhood, Oak Park Sacramento, Sacramento Fixer, SHRA, video of fixer property

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