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Joseph Domino - From The Outside Looking In

12/9/2019 8:05:41 AM

“What a wonderful view. I could sit here all day and just enjoy the landscape.”“Yes, it is very serene.”“I just love the smell of fresh-cut grass…”“And you never have to mow it, the groundskeeper takes care of the maintenance.”“That’s it, I have decided. I want a home on the golf course.”...“Wait, what is this over here? It looks like a dent in the siding.”“Hmm…, it must have been from a stray shot?”“Is that a crack in the window?”“Every house has a few small things that need to be repaired from time to time.”“FORE!!!”“Excuse me, I think this is your ball.”“Maybe a house with a pool would make more sense?”  Joe Domino is a Realtor® serving the Phoenix/Scottsdale area. Need more information? Or to Search for your next home, visit www.Scottsdale-AZHomes.com © 2010-2018 Joseph Domino All Rights Reserved

12/6/2019 6:24:29 AM

I fear that I am becoming a blog snob. We all enjoy reading a good article, story or blog post. It can be fun and often educational. But it bothers me when I read something that is full of mistakes. It is even worse when an article is written in language that is full of terminology that is hard to understand. Recently, I was reading an article in a popular real estate publication. The title was one that caught my eye. I hoped that it was going to be a chance to learn something new. I am sure the author meant well, but it was a very difficult article to read. I had to read it 3 or 4 times before I finally understood what the writer was saying. It really upset me. To be fair, this was a national publication. It was going to be read by millions. One of the worst parts was that the author used several acronyms that they didn’t define. The author just assumed the reader knew what they were writing about. As is often the case, acronyms can be used to abbreviate many different topics. I wasn’t sure if the author was talking about my Best Friend Forever or my Burnt French Fries. I had to search the internet to find what the acronyms meant before I could fully understand the article. Fortunately, I knew a little about the subject matter, so I was able to determine what the writer was discussing.Perfection escapes us all from time to time. We try our best. My advice? Write your story as if the reader doesn’t already know the punch line. Otherwise, your article may be DOA. Joe Domino is a Realtor® serving the Phoenix metro area. For more information or to contact Joe visit: www.Scottsdale-AZHomes.com  © 2010-2018 Joseph Domino All Rights Reserved

11/29/2019 10:33:42 AM

Thanksgiving is a day that is celebrated in various ways across the globe.In the U. S. the modern Thanksgiving holiday tradition is most often traced to the feast celebrated by the Pilgrims in Massachusetts in 1621. Celebrating a good harvest along with the Native Americans that helped them through the previous winter. It was celebrated in different ways until 1789 when President George Washington proclaimed a national day of thanksgiving and prayer.Today Thanksgiving is celebrated with food and friends and football. Families, extended families, friends and neighbors gather over a celebratory dinner. A typical menu might include turkey, cranberry sauce and pumpkin pie but since it is a celebration there may be plenty of other food choices.  I started the day watching my favorite team, the Chicago Bears, playing the Detroit Lions. It’s an old rivalry. It turned out to be a good game with an outcome that favored the Bears 24-20.   Later the other members of my family and extended family assembled at the home of John Hudson and Larry Harman to enjoy a feast, swap stories and watch the other football games.We have been very blessed and have a lot to be thankful for. We should never lose sight of how lucky we are to have someone to share our good fortune.This year it seems like Thanksgiving was a bit overshadowed by Christmas. That is too bad, because Thanksgiving is an important holiday.But now that we have finished our turkey and cranberry sauce, we can start our Christmas shopping.   © 2010-2018 Joseph Domino All Rights Reserved

11/22/2019 7:26:23 AM

Measuring the square footage of a house can sometimes be a mystery. Ask the seller how many square feet and you may get one answer. Ask the assessor how big, a second answer. Ask the appraiser and you may get even a different answer. Ask two appraisers and get two different answers.Builders will often include square footage such as stairwells and utility closets in the living area. Assessors will often measure only the exterior perimeter of a building. Both may be incorrect when measuring for a residential appraisal.How is square footage measured for appraisals? The unfortunate truth is that it depends on who’s measuring. The correct method for calculating the square footage of a home is determined by using the guidelines in ANSI standard Z765.Many appraisers mistakenly round their measurements to the nearest foot. It makes the math easier, but it is improper procedure for an appraisal. Not all houses perfect squares. For houses with additions or cutouts, rounding to the nearest foot will impact the measurement. All dimensions of the house should be measured to the nearest inch or tenth of a foot; the final square footage is then reported to the nearest whole square foot. ANSI Z765 also suggests measuring and multiplying the home’s exterior dimensions, then subtracting unfinished space, rooms that are not usable year-round, and rooms with a sloping ceiling that meet certain criteria.Any inconsistencies to the measurement such as inability to access the property or utilizing builder plans should be noted on the appraisal.Why is it important? Because a home’s value can often be influenced by how many square feet of living space is available. Let’s assume that properties in a given area sell on average for $250 per square foot. Adding or removing 100 square feet from a measurement can change the value by $25,000.After viewing several appraisals on a single property it becomes clearer why the appraisal can often result in different numbers. Most often agents that run into issues with an appraisal find that it is because the appraiser used different comparable sales. But it may also be important to verify the square footage that the appraiser is using to value the property. It may make a difference.   Joe Domino is a Realtor® serving the Phoenix & Scottsdale metro area. You can find more great information by visiting his website at www.Scottsdale-AZHomes.com.    © 2010-2018 Joseph Domino All Rights Reserved

11/21/2019 11:05:15 AM

The housing market in Cave Creek, AZ continues to be a Sellers market.In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone. We will continue to watch for changes in the Market Action Index. Any indication that the market is heating up, could also indicate that prices are likely to resume an upward climb.This month the median list price for Cave Creek, AZ 85331 was $730,000.The Average Days on Market in 85331 is 146 days. This seems long, but it is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower priced areas.For more detail on the housing market in Cave Creek, AZ visit the following link: November 2019 - Cave Creek, AZInterested in a home in Cave Creek, Carefree, N. Phoenix or N. Scottsdale? Give me a call at 480-390-6011. I am your North Valley expert. This months market report courtesy of Pioneer Title Agency, www.PTAAZ.com   © 2010-2018 Joseph Domino All Rights Reserved