Fill Big Gaps In Siding

Wipe away any excess caulk.
Fill big gaps in siding. In the old days the builder would install the trim bring the siding up to it and caulk the corner. Take the time before you apply any paint on your next project to fill all of the gaps cracks and nail holes. Fill larger gaps with foam. Wet your finger and gently wipe the caulk in the gap to give it a smooth rounded appearance.
Moldings sills doorjambs baseboard or wood trim with damage or large holes can be repaired with epoxy. The best filler for your siding is a two part epoxy product that cures to a rock hard consistency. 1 scrape all loose paint from around the area to be repaired using a paint scraper or putty. Plastic landscape paper would also help here.
Remove all old caulk from the joint to be filled. Do not caulk between siding and any built in receiving channels located at or around windows. On most new homes the trim goes up after the siding is installed which creates a large gap that should not be caulked. Nail holes in exterior surfaces just as with cracks or gaps can be dealt with using a good caulking.
Fill any low spots or remaining gaps with additional caulking until the gap. Holes in wood trim are best filled with wood filler. Two part epoxy two part epoxy is one of the top choices for patching large holes. If no footing i would dig down about 12 inches and use a galvanized or heavy plastic mesh to prevent boring animals from digging through then back fill the hole to a level above the gaps on the stucco tapering the ground away from the house.
Trim boards that sit on top the siding. A single bead of caulk can fill gaps up to 1 4 inch. Measure the size of the gap that needs to be filled. The two parts are mixed like dough and can be shaped before or after it dries.
Always caulk between the siding and the trim. Most caulk can be scraped away with a putty knife and sharp.