HOMES
PAGE R1 Friday, April 29, 2022
i’ll do tHe Running foR you!
vicky crocker realty
welcome home Find your dream home inside or online at
573.327.8300 1136 North Desloge Dr. | Desloge MO
House Hunting?
Parkland
Daily Journal Weekly Real Estate
Friday, April 29, 2022
dailyjournalonline.com/homes
A Weekly Section From:
Real Estate Tips and Advice REAL ESTATE 101
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Daily Journal Weekly Real Estate
HOMEWISE
Friday, April 29, 2022
Wash Safely
© ADOBE STOCK
(Pressure) Wash Up Whether you’re planning to list your with the machine and make sure house for sale or just tidying up for you’re using the right pressure for the warmer weather, pressure or power job. GET WASHING washing can make quick work of bigAfter you’ve got everything safe, time outdoor dirt. cover any plants to protect them from You can use a pressure washer to spray and detergents. Follow the clean up dingy sidewalks, walkways, manufacturer’s instructions for predriveways, garden structures, fences paring any detergents you’re using. and the exterior surfaces of your Use a garden sprayer to apply the home. detergent before you scrub the surYou can either purchase or rent a pressure washer from your local home face with the washer. And remember to spot test! With the detergent and center or hardware store. Carefully mildewcide, work from the bottom up read all the instructions that come
and scrub with a brush, especially if it’s been a while since the last washing. Pressure wash from the top down, using the psi and spraying angle recommended for your surface. Keep a three-foot distance between the end of the sprayer and the surface to keep from causing damage. If you’re washing siding, hold your arms up as high as you can while still keeping your balance to make sure the water doesn’t go under the siding.
Because of the high pressure involved, pressure washers can be dangerous household tools. Even a wound that might not seem serious at first is likely deep and can become infected. There also can be electrical and fume hazards. The Centers for Disease Control and Prevention offers the following tips for staying safe while working with a pressure washer: • Never point a pressure washer at yourself or others. • Never attempt to push or move objects with spray from the washer. • Never use a gasoline powered washer in an enclosed space. • Always test the ground fault circuit interrupter (circuit breaker or outlet) before using a pressure washer. • Always plug a properly grounded pressure washer into a properly grounded receptacle. • If an extension cord must be used, keep the pressure washer’s power cord connection out of any standing water, and use a heavy duty extension cord with components rated for use in wet locations. Keep both the power cord and extension cord connections as far away as possible from the item being washed and away from any water runoff. • Wear rubber-soled shoes that provide some insulation when using the pressure washer. • Never cut or splice the pressure washer’s power cord or extension cords. • Never remove the grounding prong from the pressure washer’s power cord plug or the extension cord. • Always have a qualified electrician check the pressure washer for electrical problems after it has tripped a circuit breaker. • Never allow children to operate a pressure washer. Keep children at a safe distance when an adult is using a pressure washer.
CLEAN UP
Follow the manufacturer’s instructions for cleaning and preparing the machine for storage. Take up any plastic sheeting or tape covering plants, windows and outlets. If you’re planning on painting your house, wait two days for it to completely dry before picking up a brush.
Daily Journal Weekly Real Estate
PAGE R3 Friday, April 29, 2022
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Friday, April 29, 2022
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Daily Journal Weekly Real Estate
Daily Journal Weekly Real Estate
Local Lenders. Local Decisions.
Whether you’re just starting out or building your dream home – we have a financing solution. Not to mention, our experienced lending team is ready to partner with you to help make the process quick and easy. • Variety of loan programs for qualified buyers • Competitive rates and closing costs • Local decisions made by local lenders • Permanent Fixed-Rate financing
Bank NMLS# 412605 | Member FDIC | www.fscb.com
Contact a member of our lending team today!
Ruth Adams Bonne Terre NMLS #1906657 (573) 358-3388
Melinda Rae Desloge NMLS #1752366 (573) 431-9400
Brittany Jannin Farmington NMLS #2241964 (573) 705-3592
Adam Griffith Farmington NMLS #2241963 (573) 705-3394
Devan Skaggs Bonne Terre NMLS #467084 (573) 534-0236
Andrew Huhman Farmington NMLS #1559335 (573) 705-3322
Taylor Miller Farmington NMLS #1453285 (573) 454-3052
Austin Fridley Park Hills NMLS #1749341 (573) 454-3086
PAGE R5 Friday, April 29, 2022
Home Loans
Daily Journal Weekly Real Estate PAGE R6
Friday, April 29, 2022
HOMEWISE Interested in Flipping? Real Estate Tips and Advice
An increasing number of Americans are flipping houses; according to CNBC’s Realty Check, more than 207,000 homes were flipped in 2017. Flipping a home, which is a property bought and sold in the same 12-month period, is more common now than it has been in a decade. Flipping homes, however, is not the industry it was. If you’re considering such a move, think about the amount of time, money and effort will be needed to make your investment worthwhile.
HOW STRONG IS THE REAL ESTATE MARKET IN YOUR AREA?
Home prices are increasing, which increases the risk of flipping; the more expensive a house is, the fewer potential buyers you have and the more you will have to spend more to fix up and set the home apart. Houses on the less expensive end of the spectrum are in higher demand and thus are less likely to be a good investment for flippers, who want to get in at the low end. According to CNBC, the highest average gross returns for flipping in 2017 happened in Scranton, Pittsburgh, Philadelphia, Baton Rouge, Cleveland, Baltimore and Buffalo. Flipping rates were highest in Memphis, Las Vegas, Tampa, Birmingham and Phoenix.
HOW WILL YOU FINANCE?
Banks are loaning more to home flippers than they have in the past, but in 2017, almost two-thirds of people who bought houses to flip used cash. That’s a reversal from a decade prior.
© ADOBE STOCK
the closing costs when buying a house.
REAL ESTATE 101 Avoid Costly Mistakes The biggest mistake real estate flippers make is not having enough cash on hand, according to Investopedia. Down payments, interest, renovations and holding costs, such as taxes, insurance and utilities can add up quickly, and they all eat away at your potential profit. If you don’t plan ahead, you could make a costly mistake. Read all of Investopieda’s “Five mistakes that make house flipping a flop” and how to avoid them at https://bit.ly/2zWNefR.
HOW MUCH WILL YOU SPEND FIXING UP THE HOUSE?
The average return on investment in 2017 was 49.8 percent, down from almost 52 percent in 2016. While the
BUILD RELATIONSHIPS WITH LOCAL PROFESSIONALS
If you’re a regular in the real estate market, consider negotiating a lower commission for your agent with the promise of more business in the future. See if you can find houses before they’re listed to the public. Get to know the contractors and other home repair professionals in dollar numbers are higher than they’ve been in past numbers, flippers your area too; ask if you can get a volume discount on paint jobs, yard are buying more expensive houses work, flooring and other common and spending more money to fix the repairs. houses up. You also have to factor in
CELL OFFICE
e I’ll do th you! for running
#vickycrockerrealty
1136B N Desloge Dr. - Desloge
Farmington / $269,900
NEW
22023206 Park Hills / $74,800
REDUCED
22020732 Bonne Terre / $319,900
Unique 1664 square feet building in high traffic area. Most recently this was used as a 4 bedroom, 1 bath rental. The property was previously used for retail and also as a day care. The property sits on .26 acres with off street parking and has an attached storage shed. The interior is move in ready with nice flooring and nicely painted walls. This property provides for multiple uses and is priced to sell.
MUST SEE
Don’t hesitate to call - the near perfect condition and great location of this home is very rare in today’s market. Enjoy peace and quiet on a park like setting. Step into the entry and you will notice the beautiful hardwood floors entering into the main living space, which includes a wood burning fireplace. Throughout the home you will find many updates. Bathrooms have been updated, kitchen includes quartz countertops and porcelain tile floor, newer furnace, water heater and roof! There is plenty of room with oversized bedrooms, including master en-suite and an oversized garage. Step out onto the large maintenance free composite deck and you will find the manicured lawn and landscaping just as neat as the inside of this home. The 12x16 shed with a 10x16 lean to is perfect for a hobby workshop. The full walk out basement with tuck under garage expand your possibilities. You will find it difficult to find another home that compares to this one. Call today for your personal showing.
22005989
Needing to Buy or Sell?! Call Vicky Crocker Realty TODAY, and Let Us Do the Running For YOU!! www.facebook.com/vickycrockerrealty
PAGE R7 Friday, April 29, 2022
Looking for a property that has city amenities, along with the RARE find of .75 acres of the acreage and barn not in the city limits. 3 bedroom, 3 bath, brick home on a total of 1.76 acres, attached 2 car garage and 2 car carport. This home has a spacious living room perfect for family gatherings, kitchen with adjoining dining area and gas fireplace. A large master bedroom with adjoining bath and walk in closet perfect to count sheep at the end of your day! A large screened in back porch to enjoy during any season. The lower level is partially finished and includes a bathroom, potential sleeping area with more space to finish. The 30x40 barn has an office space along with a stable! An additional storage shed perfect for storage is a great plus! The home has other great features including UV protection on the windows, whole house water filtration system and the utilities are unbelievably low. Call for a showing today!
Daily Journal Weekly Real Estate
573.747.8099 573.327.8300
~FUN FACT~
Hiking is the way to her heart – she goes every chance she gets!! She also loves to deer hunt! Ready to look for your DREAM home? Give her a call 573.854.7224!
Friday, April 29, 2022
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Daily Journal Weekly Real Estate
Meet our Team...
Brandie Wright
~FUN FACT~
He bought a ½ interest in an Airplane BEFORE getting his pilot’s license. He enjoy’s fishing in the ocean – says you never know what you might catch!! Thinking of selling? Call 573.760.6477.
Tom Weddle