Buying or Selling • Moving • June 17, 2024

It’s the final Walk-Thru!!

by Doug Wingfield

The Final Walk-Through: Ensuring Your Dream Home is Ready

Congratulations, future homeowner! You’re just a step away from signing the closing papers, and the final walk-through is upon you. This critical step isn’t just about visualizing your new space with your furniture and decor; it’s a meticulous inspection to ensure your future home is in the agreed-upon condition. Here’s how to make the most of your final walk-through.

Inspect for Any Damages

While the excitement of moving in might be high, stay vigilant for any damages that might have occurred since your last visit. Check for any signs of wear and tear that could have been caused by weather or the moving process. The purpose here is not to assign blame but to ensure any issues are addressed by the sellers before you take possession. Your new home should be in the same condition as when you made your offer.

Check Appliances

Without delving into a full-scale inspection, ensure all appliances are functioning properly. Turn on the stove, run the dishwasher, and check the refrigerator. This “pre-inspection inspection” ensures that your new kitchen is ready for use and that no unexpected issues will disrupt your move-in plans.

Verify Agreed-Upon Items

During the sale, certain items such as light fixtures, window treatments, or specific pieces of furniture might have been included in the agreement. Use the final walk-through to confirm that these items are still in place and haven’t been removed. Ensuring all agreed-upon items are accounted for prevents any post-closing disputes.

Ensure a Complete Move-Out

It’s crucial to verify that the sellers have completely vacated the property, leaving it in the condition expected. This means no leftover furniture, personal items, or trash. The property should be clean and ready for you to move in seamlessly.

Final Thoughts

Approach the final walk-through with a detailed eye and a clear checklist. This last inspection is your opportunity to ensure everything is in order before you complete the purchase. Once you’re satisfied, you can proceed to the closing table with confidence, knowing your new home is exactly as promised.

If you have any questions or need further assistance with your home purchase, feel free to reach out. Happy home buying! 🏡

Moving • June 17, 2024

Top Secrets for a Smooth Move!

by Doug Wingfield

Smooth Moves: 12 Tips to Make Your Moving Day a Breeze

Moving into a new home is an exhilarating experience, but moving day itself can often be stressful. To ensure your transition is as smooth as possible, here are 12 professional tips to help you navigate the process with ease.

Plan Ahead: Schedule your move well in advance to avoid any last-minute rush. Inform your movers about any large or heavy items to ensure they come equipped with the right tools and vehicles.
Professional Packing: If budget permits, hire professional packers. They efficiently handle fragile items and pack everything the day before your move, allowing for a stress-free moving day.
Services Checklist: Transfer or initiate essential services at your new home, including power, water, internet, and security. This ensures everything is functional upon your arrival.
Clean Your New Home: Arrange for a professional cleaning of your new home before moving in. A clean space provides a welcoming environment from the moment you step inside.
Essential Supply Box: Pack a box with essentials such as toilet paper, cleaning supplies, snacks, and paper towels. This will be incredibly handy during the first hours in your new home.
Quick Bed Setup: Assemble your bed as soon as it arrives at your new home. Have your linens, blankets, and pillows easily accessible for a comfortable end to a busy day.
Towel and Soap Ready: Pack bath towels and soap with your bed linens. After a long day, a quick shower without searching for essentials is a great relief.
Pet Care: Arrange for your pets to stay elsewhere on moving day to minimize their stress and yours. A calm pet makes for a smoother move.
Enlist Help: Accept assistance from friends and family. Delegate tasks like unpacking and organizing to make the process quicker and more efficient.
Childcare Arrangements: Hire a babysitter to keep your children entertained during the move. This allows you to focus on the task at hand without additional distractions.
Professional Art Hanging: Consider hiring a professional to hang artwork and mirrors. This not only saves time but ensures your new home looks polished from the start.
Final Check at the Old Home: Complete a thorough check of your old home before leaving. Submit a change of address form, leave keys and garage openers for the new owners, and ensure all areas, including the attic, are clear.

By following these expert tips, you can transform moving day into a seamless and efficient process. A little preparation goes a long way in ensuring a smooth transition to your new home. Happy moving! 📦🏡✨

Holiday • June 17, 2024

What are you bringing to the backyard BBQ?

by Doug Wingfield

BBQ Bliss: Your Ultimate Guide to Sizzling Summer Cookouts!”

Ah, the sweet scent of barbecue season is wafting through the air – summer is here, and it’s time to turn your backyard into the ultimate BBQ haven! Ready to host the most epic grilling extravaganza on the cul-de-sac? Fear not; I’ve got your back with a checklist of BBQ essentials that will ensure your backyard bash is the talk of the town.

Stainless Steel Tongs and Spatula Set: Mastering the Grill with Precision

Say goodbye to burned fingers and hello to grilling perfection! Equip yourself with a trusty stainless steel tongs and spatula set. These durable tools are your secret weapons for flipping, turning, and serving your grilled masterpieces with finesse. Get ready to be the grill maestro of the neighborhood!

Grilling Prep & Carry System: Your BBQ Command Center

Simplify your grilling process with a grilling prep & carry system – your BBQ command center. No more frantic searches for misplaced marinades, seasonings, or utensils. This all-in-one solution keeps everything organized and at your fingertips, ensuring you’re in complete control of your grilling domain.

Basting Bottle: Elevate Your BBQ Flavors to New Heights

Ready to take your BBQ flavors up a notch? Enter the basting bottle – your secret sauce to grilling glory. Fill it with your favorite marinades, sauces, or secret recipes, and generously apply them to your meats as they sizzle on the grill. It’s time to unleash a flavor explosion that will leave your guests craving more.

Instant-read Thermometer: The MVP of Grilling Precision

No more guesswork or overcooked meats – meet the MVP of the show, the instant-read thermometer. Quickly and accurately gauge the internal temperature of your grilled dishes, ensuring each bite is perfection. Impress your guests with your grilling finesse and scientific precision.

Cooler Cart: Rolling Refreshments Right to Your Guests

What’s a backyard BBQ without a cooler cart? Elevate your hosting game by filling it with ice, stashing your drinks, and effortlessly rolling it around the yard. No more interruptions to fetch cold beverages – your guests can help themselves, keeping the summer vibes flowing.

Insulated Cup: Your Stylish Summer Staple

Last but not least, treat yourself to a stylish summer essential – the insulated cup. Not only will it keep your beverages refreshingly cold, but your guests will be lining up to find out where they can snag one for themselves.

Now, the only question left is: What are you bringing to your backyard summer party? Share your plans in the comments, and let’s make this summer BBQ season the stuff of legends!

Buying or Selling • June 17, 2024

Is Real Estate a Great Investment?

by Doug Wingfield

“Unlocking Wealth: 8 Compelling Reasons Why Real Estate Reigns as the Best Investment”

In the intricate tapestry of investment options, real estate stands tall as a beacon of financial stability and growth. Here are eight compelling reasons why investing in real estate is not just a choice but a strategic move toward building a robust investment portfolio. If you’re considering stepping into the world of real estate investment, allow me to be your guide in finding the right properties to pave the way for your financial success.

Reliable and Steady Cash Flow: Investing in rental properties provides a dependable and steady cash flow. Predictable expenses, coupled with occupied properties, ensure a consistent profit margin – a reassuring aspect for any investor.
Appreciation in Value: Real estate consistently appreciates, even in the face of economic downturns. On average, properties in the US appreciate between 3-5% annually, making real estate a reliable and enduring investment choice.
Retirement Planning: Owning real estate becomes a strategic component of your retirement plan. As you diligently pay off your mortgage throughout your working years, you’ll experience an increase in cash flow as you near the end of your mortgage term, with the principal fully paid off.
Tax Advantages: Real estate sales enjoy favorable tax treatment, with lower tax rates on short- or long-term capital gains compared to other forms of income. This tax advantage adds an extra layer of financial appeal to real estate investments.
Leveraging Your Equity: Real estate offers the unique advantage of leveraging your money. By taking out a mortgage to purchase property, you reduce the initial capital required. As equity builds up, you can borrow against it or refinance the original loan, freeing up cash for further investment opportunities.
Control Over Your Asset: Unlike stock investments, real estate allows you to exert control over your asset. Enhancing your property through updates, system upgrades, or landscaping not only improves its value but also empowers you to actively contribute to the success of your investment.
Tax-Deferred Gains: Utilizing the 1031 exchange tax code, real estate investors can defer taxes on gains from the sale by reinvesting in another property. This strategic maneuver enables a seamless transition between properties without immediate tax implications.
Depreciation Benefits: Despite the appreciation in value, real estate investors can legally claim depreciation expenses. This unique advantage allows for a higher cash flow while reporting a lower income for tax purposes, presenting a win-win scenario for savvy investors.

While I am not an investment guru, the information provided is a great place to start the conversation with your investment advisor! If the idea of building wealth through strategic property investments resonates with you, let’s connect. Give me a call, and let’s explore how real estate can become a cornerstone of your financial success.

Renovating • June 4, 2024

Renovating Your Home? Let’s Renovate Those FAQs Too!

by Doug Wingfield

Renovating Your Home? Let’s Renovate Those FAQs Too!”

So, you’ve decided to embark on the thrilling journey of home renovation. Whether it’s adding a touch of glam to your kitchen or turning that outdated bathroom into a spa-like haven, we’ve got answers to your burning questions. Buckle up for a ride through our Renovation FAQ rollercoaster – where humor meets house makeovers!

How do I pick a contractor? Choosing a contractor is like selecting a dance partner – you want someone who can keep up with your moves. Look for trust and communication, just like with your favorite real estate agent. If they get your vision and keep you in the loop, you’re on the right track. Do some detective work on their reputation, chat with past clients, and sneak a peek at their previous projects. It’s like choosing a dance floor – you want someone with rhythm.
How much will my project cost? Ah, the golden question. It’s like asking how many licks it takes to get to the center of a tootsie pop – the world may never know. But seriously, the cost depends on your project scope. To get a spot-on estimate, jot down every detail. Renovations often play a game of “I Spy,” where one change leads to another. Plan each move, and you won’t be caught off guard.
How long will renovations take to complete? Time flies when you’re renovating, or does it drag on forever? The answer lies in the extent of your makeover and the unexpected detours along the way. Pre-plan like you’re mapping a cross-country road trip – the more you plan, the smoother the journey.
How do I prioritize projects? Living in a construction zone isn’t everyone’s dream. Plan your projects in phases – live in the chaos of one room while the others bask in renovation-free bliss. Prioritize based on budget and fund availability. It’s like playing chess with your home – strategic moves for a winning game.
Where do I begin? Picture this: you, a cup of coffee, and a look book brimming with dreamy home visions. Research, talk to contractors, and dive into showrooms. Create a masterpiece of ideas for your home – the Pinterest board of renovation dreams.
Do I need permits? Permits, the hall pass of renovations. Your contractor is the wise wizard who knows the magic words. Follow the rules – not getting permits could be a plot twist you’ll regret down the road.
How much will renovations increase my home value? Ah, the elusive question of home value. The goal is improvement, not turning your house into the Mona Lisa of the neighborhood. Be cautious – no one wants a house fancier than the rest of the block. Avoid personal touches that turn into unsolvable puzzles for future buyers.
How should I pay for renovations? Money talks, especially when it comes to renovations. If you’ve got the cash, go for it. Otherwise, consider a home equity loan or a revolving line of credit – it’s like having a renovation piggy bank for emergencies and design dreams alike.

So, dear renovator, armed with answers and a dash of humor, let the home transformation commence! 💪🏠

Hot Springs Faces and Places • April 20, 2024

Celebrate Earth Day

by Doug Wingfield

Earth Day is almost here, and it’s the perfect time to bond as a family while doing good for our planet. Let’s explore some enjoyable activities that everyone can join in on:

Exercise and Clean Up: Take a walk or bike ride together and pick up trash along the way. Make it a friendly competition!
Save Energy, Have Fun: Find ways to save energy at home. Get the kids involved in a fun game to spot energy-saving opportunities.
Recycling Challenge: Start or ramp up your recycling efforts. Have a contest to see who can come up with the most creative ways to reduce plastic use.
Get Growing: Plant a garden together, whether it’s in pots on the porch or in a backyard plot. Discover the joy of growing your own veggies!
Discover Composting: Turn food scraps into nutrient-rich soil for your garden. It’s a fascinating process that kids will love to watch.
Community Connection: Check out local Earth Day events and get involved. Help make your neighborhood cleaner and greener as a family.
Movie Night with a Twist: Relax together and watch a nature-themed movie. It’s a great way to unwind while learning about the wonders of our planet.

Let’s make this Earth Day memorable by coming together as a family to celebrate and care for our beautiful planet!

Buying or Selling • March 13, 2024

Type “A” Personalities…How Do You Home Search ?

by Doug Wingfield

Home Search for Type-A Personalities: Organize Your Way to Home Sweet Home!

Hey there, fellow Type-A enthusiasts! If the thrill of organization gives you life, you’re in good company – and you’re in for a treat. I’ve gathered my top five pieces of advice to keep your home search as orderly as your color-coded bookshelf. Let’s dive into the world of house hunting with precision and a touch of humor!

1. Create Your Digital or Physical Fortress of Documents:
Type-A warriors, assemble! Start by crafting a digital or physical folder worthy of your most critical documents. Think pre-approval letters, intriguing listings, and any other paperwork that holds the keys to your homeownership kingdom. It’s your go-to arsenal, and you’ll be the master of your organized domain.

2. Budget Tracking: Because Money Matters – Trust Me!
Number two on our journey to home nirvana – budget tracking. Determine your financial boundaries and, most importantly, stick to them! It’s like having a financial compass, steering you clear of heartache and ensuring your home search remains a smooth financial sail. Trust me, it’s a game-changer!

3. Must-Haves vs. Nice-to-Haves: The List That Keeps You Sane
Thirdly, unleash the power of the list – your must-haves and nice-to-haves, to be precise. Create a home criteria manifesto that helps you prioritize the essentials. If you’re sharing this adventure with a significant other, use a shareable document or list to stay in sync. Because a harmonious home search is the name of the game!

4. Document the Odyssey: Tracking Homes Seen
Next on our Type-A odyssey – tracking the homes you’ve encountered. Channel your inner spreadsheet sorcerer or opt for a note-taking app to compile the pros and cons of each residence. When every home starts blending together, your meticulous record will be the beacon guiding you home.

5. Say Cheese! The Importance of Home Snapshots:
Last but certainly not least – a crucial step in your organized quest. Take lots of pictures! Your memory might be a steel trap, but let’s face it, life happens. Snapshots are your visual diary, capturing the intricate details of each potential home. You never know when that quirky fireplace or charming kitchen will become the stuff of nostalgia.

So, Type-A comrades, implement these tips, and your home search will transform into an orderly quest for perfection. Happy hunting, and may your dream home be just around the corner – neatly filed in your perfectly organized folder!

Buying or Selling • Hot Springs Faces and Places • March 7, 2024

My Dog Chose My New Home

by Doug Wingfield

How My Dog Became the Ultimate Homebuyer: A Paw-spective on Pet-Friendly House Hunting

They say a dog is a man’s best friend, but in my case, my furry companion turned out to be the best real estate advisor I could have asked for. If you’re a pet lover, you know that our four-legged friends play a crucial role in our lives. And, as it turns out, their preferences can significantly influence our homebuying decisions.

In a recent survey, it was revealed that a whopping 19% of homebuyers take their pets’ needs into consideration when selecting a new home. So, how did my dog become the ultimate decision-maker in my house-hunting journey? Let’s delve into the paw-spective of pet-loving buyers and what tends to top their priority list.

Spacious Lots and Acreage

Just like humans, dogs love their space to roam and explore. When browsing potential homes, pet-centric buyers often prioritize spacious lots and acreage. A backyard that offers ample room for your furry friend to play, chase squirrels, or simply bask in the sunshine can make all the difference.

Walkability

Walkability isn’t just a buzzword for trendy neighborhoods; it’s a crucial factor for pet lovers. Being able to take your dog for a leisurely stroll around the block or to nearby parks enhances both your and your pet’s quality of life. A pet-friendly community with accessible sidewalks and green spaces becomes a top consideration.

Parks and Recreation Areas

If your dog could speak, they’d probably tell you that having a park or recreation area nearby is like winning the doggy jackpot. Pet-loving homebuyers often seek neighborhoods with well-maintained parks, hiking trails, or even a dog park where their canine companions can socialize and burn off some energy.

In conclusion, my dog didn’t just choose a house; he chose a lifestyle. As a pet-loving homebuyer, considering your furry friend’s needs is more than a sentiment; it’s a practical approach to ensuring a harmonious and happy living environment for everyone in the family – two-legged or four. So, the next time you’re on the house-hunting journey, don’t forget to take a moment and see the world through your pet’s eyes. Who knows, they might just lead you to your dream home!

Hot Springs Faces and Places • February 24, 2024

Exploring the Rich History of Hot Springs, AR: A Tour of Bathhouse Row

by Doug Wingfield

Thanks for reading this blog

I’m Doug Wingfield, an Associate Broker with Coldwell Banker RPM Group in Hot Springs, Arkansas. Join me on a virtual stroll along Bathhouse Row, the historic heart of downtown Hot Springs and home to the National Park’s iconic bathhouses.

Our first stop is the Superior Bathhouse, a gem built in 1916 that served as a bathhouse until 1983. After 30 years of vacancy, it has been revitalized into a craft brewery and restaurant. Notably, it stands as the only brewery within a U.S. National Park and the world’s sole brewery using thermal spring water in its beer.

For those seeking relaxation after a day of exploring, the Quapaw Bathhouse, opened in 1922, is a perfect destination. Having transformed into a family-oriented spa after closing in 1984, it offers modern spa services along with private baths and public pools fed by thermal springs.

Step back in time at the Buckstaff Bathhouse, which opened its doors in 1912 and remains the only bathhouse offering the traditional bathing experience without ever closing. Experience the luxury of a loofah massage in a tub filled with steaming thermal water – an exceptional treat.

The Hale Bathhouse, completed in 1892, boasts a thermal cave carved out of the mountainside, now a federally protected archaeological site. Today, it serves as The Hotel Hale, a boutique hotel with a unique experience of thermal springs directly piped into room soaking tubs. Don’t miss the on-site restaurant, Eden.

The Fordyce Bathhouse, opened in 1915, has transformed into the Park’s visitor center, serving as a historically furnished museum. As the largest bathhouse on the Row, it’s a must-stop destination with a wealth of fascinating exhibits.

The Lamar Bathhouse, opened in 1923, now operates as the offices for the Park’s resource management department, archives, a museum collection, a small research library, and a park store. The lobby, featuring a massive counter made of Tennessee marble, is a definite highlight.

Designed by Mann and Stern in the Spanish Colonial Revival style, the Ozark Bathhouse, opened in 1922, now hosts an art gallery. Volunteers from the Friends of Hot Springs National Park occasionally offer tours on summer weekends, and admission is free!

Excited about this vibrant community? Perhaps you’re considering opening a business downtown? The Maurice Bathhouse, designed by George Gleim, Jr. and built in 1911, is currently vacant. According to the Parks website, there’s a possibility of it being available for commercial leasing soon – endless possibilities await.

For additional information about each of these remarkable structures, please visit the National Park Service website at nps.gov.

If Hot Springs has captured your heart and you’re contemplating a move, I’m here to help. With over 25 years of real estate experience in Texas, I am transitioning my business from Dallas to Hot Springs. The warmth of the people, world-class dining, phenomenal outdoor activities, and a constant buzz of excitement make Hot Springs an exceptional place to call home. When you’re ready to take that step, give me a call, and let’s explore the possibilities together – whether it’s hiking, grabbing a drink, or enjoying a scrumptious meal, I’m here for you.

SUPERIOR BATHHOUSE

LAMAR BATHHOUSE

BUCKSTAFF BATHHOUSE

FORDYCE BATHHOUSE

MAURICE BATHHOUSE

HALE BATHHOUSE

OZARK BATHHOUSE

QUAPAW BATHHOUSE

Buying or Selling • Hot Springs Faces and Places • February 5, 2024

Hot Springs Sellers ask “Why hasn’t my home sold?” My opinion…

by Doug Wingfield

Unveiling the Secrets to a Swift Home Sale in Hot Springs

Are you finding yourself asking the question, “Why hasn’t my home sold?” Well, you’re not alone. Today, I want to share some insights based on my experiences as a home buyer in Hot Springs and my role as an Associate Broker with Coldwell Banker RPM Group.

As a potential homeowner, my family and I were drawn to the allure of Hot Springs – its rich history, diverse topography, scenic hiking trails, beautiful lakes, friendly locals, and, of course, the enchanting historic downtown. Just a four-hour drive from Dallas, it became the perfect spot for our weekend getaways.

However, our excitement was dampened by a surprising challenge – the lack of responsiveness from local REALTORS. Despite narrowing down our home choices, reaching out to listing agents proved futile; most of them have never returned our calls. This experience led us to make our first home purchase through a For Sale By Owner (FSBO) arrangement.

Fast forward 13 years, and I now stand as an Associate Broker in Hot Springs with Coldwell Banker RPM Group. Through my professional journey to date, I’ve encountered situations that shed light on the nuances of the real estate market in Hot Springs.

One instance involved a missed opportunity with an out-of-state client interested in a property in Mt Ida. The seller’s stringent buyer requirements led to the property being taken off the market. This seller insisted that all buyers provide proof of ability to purchase before touring. My client, a private businessperson, did not want to provide this information until a contract was drawn up. Additionally, the absence of a streamlined showing process, common in other markets, hindered the efficient presentation of properties to potential buyers in Hot Springs. This seller insisted on being present for all tours.

As a seller, it’s crucial to recognize that limiting access to buyer agents or imposing restrictive showing conditions can impede the sale of your home. Most buyer agents require verification of a buyer’s ability to purchase before scheduling tours. Sellers being present during tours can also deter honest discussions about the property.

Let’s discuss how a buyer tour is scheduled. In many markets, a showing service is utilized that allows agents to schedule tours online. The showing service reaches out to the seller and allows the seller to approve a tour, disapprove a tour, reschedule a tour and read what feedback the buyers’ agents have provided after the tour. It appears to be common practice in the local market not to use this type of seller service; many of the listing agents prefer you contact them directly to schedule a tour. This can be an effective strategy as the listing agent can ask for more information from the agent about the potential buyer and relay this insight to the seller. However, my experience has been that the listing agent did not respond to requests for tours, so the seller lost an opportunity to sell.

Now, turning to the critical factors of Location, Price, and Condition, it becomes evident that pricing is paramount. While the location and condition of a home are significant, an accurately priced property, considering location/condition/recent sales, is more likely to attract potential buyers. Location of a home, usually, can not be altered. Taking into the account of this potential pitfall, price the home accordingly. Condition is subjective, however, if a buyer has concerns about the condition of the home, you have options! You can modify the house to meet the buyer’s expectations and needs or adjust the price accordingly. If a property is priced above market value, many buyers will not tour, and adjustments become necessary. This increases the amount of time it takes to sell the home.

In conclusion, the correct pricing strategy, streamlined showing process and communication between all parties consistently prove to be the key factors in selling homes.

If your goal is to sell your home in the Hot Springs area, I invite you to reach out. With Coldwell Banker RPM Group and my 25 years of real estate experience, we can collaborate to ensure a successful and timely sale for your property.

Ready to embark on your home-selling journey in Hot Springs? Let’s connect and make your real estate goals a reality!

Coldwell Banker - RPM Group

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