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Hi Harold, should you replace your appliances before selling if they're old (10+) and scratched a bit? And should you replace the flooring if it's 15 year old laminate with a few bits of minor damage like small bit of swelling under fridge, small burn mark...?

Very helpful!

Should seller Fix the septic tank?

A realtor can give me a CMA (Competitive Market Analysis) when I come, but it isn't likely that it will be the best Comparables. In fact, 90% of Realtor can even put one together. The other issue these days is a listing agent interfering with my work. Get everyone out of the house, let me get in, and DO NOT CALL THE LENDER. If you call the lender about anything, you can face Violation of Appraiser Independence, and potentially attempted mortgage fraud. I do not want the sellers there. If the listing price is set up from a good CMA that uses the same comparables that will be used in the appraisal, then you have a better chance of the value matching the contract price. But again. Almost none of todays agents understand market value, and actually write CMA's. Like most Realtors, you act like we are on the same level. We aren't. Look at the requirements for licensing. You could not get past the first 10 questions of my State Board Test. If both the buyer and selling start talking to me about the appraisal being too low, then I call the lender and inform them of collusion. Neither of you should be calling me, and if it comes through the lender, or AMC, I will assume that whoever you talked to doesn't know how to do their job. I will also send it to the State Licensing Board. Seasoned appraisers do not have bias, and do their work down the middle, no mater what. Any attempt to discredit my work with any kind accusations coming from a conversation that occur to clarify conditions in the appraisal (at my discretion) will result in big trouble. The truth is, if a Realtor does their homework on a property, the sale price is not a problem. Don't challenge me on condition or quality adjustments, because even if you have written a CMA, those things are not taken into account. I grew up with a Dad that is a builder. I also know how the difference between building costs and market acceptance for quality on a resale. You can spend a ton on a log home, but find your self in a situation where the market value will be considerably lees than the build cost. Log homes in the median price range are not always going to get a full return. Some like to call it an over improvement. Finally, if you don't have a frim grasp on the valuation process, don't blame the appraiser for a low value. I work for the lender, and my methodology is developed by lender guidelines.

That is a great area, I grew up 5 minutes from there off foothill. What’s the owner paying for insurance ?

It’s a shame they didn’t put a balcony on the oven view bedroom

Parabéns pelo seu trabalho.🎉 Sou Wilian, fron Brazil. Estamos nos mudando para os EUA e pensando nesse lugar em VENTURA

Cash only day! 1/15/2025, making $1, $5, $10, $20 the norm.

Thank you 😊

The 36% increase over the last 10 years has already retracted about 12% I really doubt it will go much lower and when everything else starts to catch up to the last 4 years inflation the housing market will actually return to a slow and steady increase like before. There is no crash coming.

As a home buyer, I am more interested in looking at homes for sale that are badly presented and with faults that I can make better with some easy alterations and updates Homes that look perfect when presented for sale often have reached their full potential in price when they are sold and the buyer does not get any capital gain profits on it in the short term while properties that are bought under price because of poor presentation often get far greater short term and long term profits on them when work is carried out to make them more presentable and more livable

Hey Harold, Your videos are so beautiful. I really like it. Do you know why your videos are not reaching your target audience? Because your video SEO score is very poor. You need to SEO the videos properly. I can talk to you about this in more detail if you want.

The hammering noise is annoying

Thank you for a clear informative answer that I can understand 😊

Had to completely redo my kitchen due to intense mold

The likelihood of a market crash seems low, especially considering the pent-up demand that still hasn't been absorbed, even with many predicting a downturn. Unlike 2008-when very few foresaw the crash-the current environment is quite different. The homeownership rate peaked in 2004 and hit a median level after another peak in Q2 2020. From 2008 to 2012, it dropped by 3%, and by Q2 2020, it had shifted from 68% to 65%.

Inflation to remain low? In which reality do you live?

Great video. I bought a townhome last year after renting the same house for 11 years. I thought about continuing to rent but decided to buy after looking at rent prices. I have an emergency fund in place for maintenance costs.

"Thank you for consistently delivering exceptional value to your clients!"

Don’t fix it The house will go up again and again in value ? Stupid deserve it , only in USA

what do you think about a geometric windmill style tile for the bathroom floor? black white navy, not neutral enough?

Music annoying AF

Great advice thank you.😊

Great info ❤

This was very good information. Are there a number of plots of land to build a new home on? Are there Federal Lands in Camarillo?

Great advice. I pray when it’s time to sell my home it will be well received, without huge cost for repairs. Right now, I only have the money to keep up with repairs and replacements while I’m still living in my home. I can’t imagine having to replace my kitchen or entire flooring. The location of my home is a big plus, so that will help.

Since my 88 year old daddy w Alzheimer’s was in an Alzheimer’s unit the last 6 months of his life , during which time I as his POA couldn’t legally sell his rental properties, I took the opportunity to freshen up the paint through the whole house, took out old worn out carpet( most tenants these day have pets)replaced w vinyl plank flooring in various shades of neutrals. In 2023 I had to replace the 30 year old central heat & air unit. In June I had the roof replaced. I am confident that it will make some family a nice home. 11:01

Good info, way too many whoosh sounds. I couldn't whoosh hear whoosh you over the whish whoosh all whoosh of the whoosh whish wham whoosh whoosh sounds. Also, less motion in your graphics.

Harold Powell was the selling agent for our house a few years ago. We are very glad that we followed all of his suggestions. Our house sold very quickly at a good price. Furthermore, there were a couple of potential problems that arose during escrow which he quickly dealt with and the escrow closed on time with a happy seller and a happy buyer. Thanks again Harold!

Wonderful work you are doing with the unsheltered population

We are planning on selling here in Florida. Our AC was over 20 years old but still functioning. 2025 sees change in regfrigerant and cost of new units will be aprox 15% or higher than 2024, plus lack of inventory of 2024's.We elected to replace now and still had hard time finding a unit. Hope we didn't make a mistake but its done now.

I had to laugh at $300 to reglaze a tub/shower. Where I live in Florida, quotes ranged from $500-825. Our tub was reglazed previously and that does involve more work and adds to cost.

Just a reminded that "as is" doesn't cover a homeowner who fails to disclose serious material problems such as a leaking foundation and termite damage. You can still sell it as is, but you have to let the prospective home buyers know what they're getting into, or face potential legal action for fraud later.

California is the most stingy blue state, in other blue states homestead exemptions are 100K+

Its funny because every home is different. People gave me the exact advice this guy just said they all said I was an idiot for doing the bathroom kitchen and a large beutiful deck. Well i paid 140 k for my house the kitchen i did for 10 k bathroom 5 k deck was 12-15k. so for 35k in stuff my house walked for 415k so I think if something is unique or one of a kind as my land was making it nice will only grow your return

I put a waterproof laminate throughout my home 1 year ago and love it. It holds up very well to dogs and is easy to clean. I did put in a dark color though because my ceiling is light wood and walls off white. This is in a home in Montana approx. 1 mil.

I have shiny floors and everyone who walks in always makes comments about how beautiful my floors are. Also, shiny does not show that much dirt and they are easier to clean.

I uncovered and refinished the oak flooring in my 1965 house, while others covered theirs with LVP. The only downside was a termite incursion, that did a little damage in one room.

Can it be applied retroactively?

Fix everything before selling any home. Dont get hoodwinked or have someone lie to you, not even the city on owning a home.

Ha! Replacing the roof HAD to be done in FL. Insurance companies are looking for any reason to cancel. A 19yo functional roof vs a new roof installed to existing codes IS a selling point. And I’m typing this the day before Hurricane Helene is hitting. Roofing companies will be impossible to hire soon. I’m glad I replaced it 3 months ago. I plan to list it in about a month.

I would love to hear more about this, as I have passed these buildings on the freeway. They are built right next to it, and right near that big shopping center on the freeway. So what’s good about it? Unless it’s cheaper than an apartment in LA and you don’t mind the commute, and are a golfer? Please explain why someone might want to move there.

And gangs, in Oxnard, no?

Home ownership is a scam created long ago for profit. You offer 100k and not including insurance and taxes end up paying 300k. And we are brainwashed to think it's an investment. Yes it has it's gains and loses but it will bleed you over thirty years 😢

Some realtors have teams of trained people who know what must be fixed and how to make repairs. That recently happened to me and having things done this way saved time, reduced worry, and was well worth the money.

Sound is barely audibe here 😢

Great video! Subscribed!

What about the HVAC system?

Thanks for the info

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...