Mar 23
21
If your New Year’s resolution is to improve your health and wellness, your home can inspire you to do it. In fact, your living space plays a significant role in your overall well-being.
A room dedicated to workouts can motivate you to reach your goals. And healthy, clean air and elements inspired by nature can make your home feel more open and calming.
Are you hoping to make some improvements in 2023? Check out these five home amenities.
If your current property doesn’t inspire wellness, get in touch today. Together, we’ll find a home that better fits your goals.
No one wants to pay too much for a house. It can be a frustrating prospect, plus it makes your payments higher and could make appreciation seem less likely.
If home values fall too much, you could end up underwater, which means owing more on your mortgage than your home is worth.
But you shouldn’t be worried about that.
Fortunately, there are ways to spot an overpriced home. To ensure you don’t overpay, we’ll watch for these signs.
It’s true that sometimes a home is priced higher due to luxury amenities or other features. If that’s not the case and a home is just overpriced, there are strategies we can use to make the deal work in your favor.
Ready to start your home search? Get in touch today.
The housing market has stayed competitive for months, and if you’re like many property owners, you’ve probably thought about selling. But is this the right time?
Selling your home is a big decision, and pinpointing the perfect time to make your move can be challenging.
Here are a few questions to consider if you want to explore what it would look like to put your home on the market soon.
Has your lifestyle changed? Most homeowners outgrow a property at some point, or they find their needs have changed in some way. A property might be too small, you may want to downsize, or you might want different amenities.
Has your property increased in value? Homeowners have gained record-setting equity over the last few years. Determining your property value can give you an idea of your potential profits. Then, you can consider if you could put these funds to better use elsewhere.
Do you have another property or a plan for where you’ll go next? Be sure to keep the logistics and busy market conditions in mind if you’re buying and selling at the same time.
Have you discussed the details with everyone involved? Selling your house isn’t something you should do on the spur of the moment. This sale will mean big changes, both financially and in your day-to-day life, so be sure everyone in your household is on the same page.
Have you established your goals and communicated them clearly? When you’re ready, let’s discuss your needs and wants and create a plan that makes sense for you. Once clear goals are established, we can work together to find what you’re looking for.
Still not sure if it’s the right time to sell? Get in touch to discuss your options today.
Feb 23
11
Are you ready to make the transition to a new home? Or at least take a few steps to get there?
If so, you’ll need to think about selling your current property, and you’re probably hoping to get the best price possible.
Renovations can be a great value booster. The right changes appeal to buyers and help you make a great return on your investment.
Here are four ways you might want to renovate before selling.
Preparing your home to sell is easier with an experienced professional in your corner. To learn more about value-adding renovations, or to start looking for a new property, get in touch today.
Did you know that your bedroom could be affecting your ability to sleep well at night? Your bedroom should be decorated with a good sleep in mind. If you’re not getting enough restful sleep, it may be time to redecorate. The following ideas can help you improve the mood in your bedroom to help you sleep better and wake feeling refreshed.
Get a Great Mattress
Good sleep starts with a good mattress. Old or uncomfortable mattresses can place pressure on the wrong parts of your body, making it impossible to get comfortable. You can visit a mattress store or check out some of the new space-age foam mattresses available online to find one that is right for you.
Choose Soothing Colors
The psychology of color is fascinating. Bold, energetic colors such as red, orange or yellow aren’t great for a bedroom. Instead, choose cool calming colors, such as blue or neutral tones. If you want a little color, you can add it with accessories.
Reduce Clutter
A cluttered room makes for a cluttered mind. If you want restful sleep, keep your bedroom organized. That means putting away clothes and ensuring that additional clutter doesn’t find its way into the bedroom.
Keep It Dark and Cool
Light and temperature also affect our sleep cycles. If you want to sleep well, make sure the room is dark at night. You may need room darkening shades if the rooms gets any ambient light from the street. You should also block out light from alarm clocks, computers and televisions when you are sleeping.
If you are ready for a great night’s sleep in a new home, call us today.
Jan 23
12
If you’re thinking of updating, remodeling or repairing your home this year, it’s time to start planning.
Want to make the most of your efforts? Don’t overlook color. Color plays a big role in your home’s aesthetic and mood, and it can affect your overall property value, too.
If you’re not sure where to start, get acquainted with the trending hues for 2022 and take a look at these tips for incorporating color like a pro.
1. Let the colors of the year guide you. A great place to start is by reviewing the colors of the year. For 2022, hues of green are in for two of the most well-known brands. Benjamin Moore went with October Mist, a pale, silvery green, while Sherwin-Williams opted for Evergreen Fog, a soothing green-meets-gray shade. Pantone went in a different direction with Very Peri, a periwinkle shade with violet-red undertones meant to encourage courageous creativity.
2. Have a color-placing strategy. How will you use the colors? You can opt for a more nuanced approach and paint an accent wall, your crown molding or your baseboards, or you could go all-out and use it on your kitchen cabinets or even an entire room or ceiling. Another option: You could focus on accessories like bedding or drapes if you want something more temporary.
3. Factor in durability and upkeep. White and light hues photograph well and make a room look nice and clean. On the downside, they may get dirty easily and often require a lot of cleaning and upkeep. They’re typically not good choices in a well-used space (like a playroom or right around the kitchen sink or oven, for example).
Planning to sell your home or buy a new one this year? Reach out today for guidance.
Jan 23
7
Whether you were outbid on every home you liked or you never found the right fit because of limited inventory, you probably encountered a few challenges if you tried to buy a home this year.
With a new year around the corner, are you thinking about continuing your search? No matter what the market looks like in 2022, we can work together to find the right home for you.
To start, take these four steps to prepare for a successful experience, and reach out when you’re ready.
1. Stick to a budget. Tighten those purse strings and start funneling away as much money as possible for your closing costs, down payment and other expenses. Typically, the higher your down payment is, the easier it is to get a mortgage loan.
2. Work on your credit. Increasing your credit score can help you get a lower mortgage rate, which means a more affordable home purchase on the whole. Try to pay down some debts and set your bills to auto pay. Both steps may help you improve your score.
3. Consider where you might compromise. Sometimes compromising on a few nice-to-haves can help you find a home within your price range. Could you settle for three bedrooms instead of four? A rural home instead of a suburban one? One story instead of two? You may also think about buying a condo or townhouse.
4. Do some deep-dive research. Make sure you know about all your possible mortgage loan options, as some can lower your upfront costs (or even cover them entirely). Talk to a few lenders, ask questions and consider getting preapproved for your loan before starting your search in the new year.
Make sure to keep in touch as you get ready to begin house-hunting. And if you need guidance on lenders, mortgage options or local market trends, reach out anytime.
Renovation projects can be time-consuming and expensive. Fortunately, they’e not your only option if you’re looking to change up the look or feel of your house.
Even a few small changes can make a big impact as long as you pick the right ones.
Do you want to update your house without overspending or committing to weeks or months of construction hassle? Then try one of these four simple projects:
Create More Space
Want more space but can’t afford a full-on addition? Try to enlarge your rooms organically. Add more lights and mirrors, paint the walls a brighter color, or rearrange the furniture to make better use of the space.
Try a Backsplash
You don’t need new counters or cabinets to make a big impact in the kitchen. Sometimes just adding a new backsplash, even the stick-on tile kind, can be a great way to transform a room. It even works in the bathroom, too.
Add an Accent Wall
Full paint jobs can be expensive, especially if you call in a pro. Can’t afford it? Consider an accent wall instead. You could even use a fun, patterned wallpaper for an extra pop.
Re-imagine Your Pantry
Adding more storage space in the kitchen is always a valuable improvement. And you don’t necessarily need to knock out a wall or add more cabinets. Instead, add more shelves, install pot organizers, or add pull-out trays to make grabbing back-of-the-cabinet items easier.
Is your house no longer meeting your needs? It may be time for a new property. Get in touch today to start your next home search.
It’s common for both first-time home buyers and experienced homeowners to feel overwhelmed by the process of purchasing a house. Plus, myths and misconceptions often make the experience even more confusing.
Myths like: Renting is cheaper than buying. You need a credit score of 700 to get a loan. You shouldn’t buy in a seller’s market. Have you come across any of these?
If you’re thinking of buying this year, don’t let these misleading ideas deter you from your goals.
Myth #1: You need a certain credit score. While mortgage programs do have credit score minimums, you’d be surprised at how low those go. With an FHA loan, you may be able to get financing with a score of 500. (Just know that your score may also affect the interest rate and terms of the loan.)
Myth #2: You should only buy during certain seasons or under certain market conditions. While competition may seem fierce lately, that doesn’t mean you shouldn’t buy a house. As long as you choose a home you can afford and one that will grow in value, it’s still a smart long-term investment.
Myth #3: It’s cheaper to rent than buy. Home prices have been rising lately, but rents have jumped significantly, too. Since home ownership allows you to build equity and wealth over time, it’s important to crunch the numbers before assuming you’re better off renting.
Myth #4: You should get a mortgage from your bank. Your bank should definitely be on the list, but don’t limit your shopping to just them. Get quotes from several banks and lenders to ensure you get the best deal.
Myth #5: You should waive your inspection to win a bidding war. Waiving your right to an inspection might help you beat out other offers, but it can also come back to bite you. Inspections often reveal costly and even dangerous defects, and you’ll want to know about these before deciding to buy.
Have questions about buying or selling a home? Get in touch today.
Nov 22
15
The housing market is always changing, so it can be hard to determine exactly when to buy — and when to wait it out.
What if home prices or interest rates rise? What if lower costs are just around the corner? No crystal ball can give us these answers, but there are some factors you can take into account before making your decision.
Are you hoping to buy a home soon? Not sure if you should act now or wait until next year? Here’s what to think about:
Are you interested in buying a home? Do you have questions about the market?
Nov 22
4
Winter is fast approaching, and if you’re a homeowner, that usually means now’s the time to tackle key maintenance tasks: at least if you want to ensure a warm and comfortable season.
There are appliances to check, inspections to complete and exterior tasks to do.
Are you ready for the incoming colder months? Want to make sure your home is too? Here are five steps to take ahead of the winter months.
Completing this essential winter maintenance can set your family up for a cozy, relaxing season at home. It’ll also help you identify any potential issues before they have a chance to turn into costly repairs. To learn more home upkeep tips, reach out today.
Mar 23
1
Things To Know Before Buying A First Home
Right now, millennial’s might have a reputation of crazy twenty-somethings not quite ready to settle down. But, a recent report by the Joint Center for Housing Studies of Harvard University found that the number of households in their 30s should increase by 2.7 million over the next decade. Ready or not, the millennial boom is coming.
Whether you count yourself in that demographic or are just a first time home buyer. There are some topics in the buying process that are essential to know before taking the plunge.
We’ve compiled a list of the ten most important things that everyone new to the housing market needs to know. Look them over and keep them in mind as you start your housing search. You only buy your first home once, so let us help you make it count.
1. Hire a Professional Realtor
Let’s all admit it. Real estate agents often get a bad rap as swindlers. It’s because of that stigma and the thought of saving a few dollars that keeps many people from using them. However, listening to the hype may cost you more in the long run.
Your first time in the real estate market can get confusing. There’s lots of legal negotiation and large sums of money are often involved. There is no reason to add on the stress of having to navigate through the transaction alone, especially since if you decide to go it alone. Hire a professional to assist you.
A qualified professional can help you sort through the industry terms that make up the majority of contracts and inspection reports. They do the leg work of setting up showings and act as your advocate during the transaction so that you’re free to focus on preparing for your move. In the middle of all that craziness, you’ll appreciate the extra assistance.
2. Look Realistically At Your Budget
Your budget is the first thing that you need to look at when getting ready to buy a home. After all, it determines which properties you see and you don’t want to find yourself in a situation where you miss out on the perfect house because you’re not sure how much you can spend. Or, worse yet, find yourself falling in love with a dream home you can’t afford.
Budgeting is the way to make sure that you only look at houses that you can feasibly and comfortably. Doing so will help you save time and help you get into your new property much faster.
Sit down and budget your income versus expenses. Try to settle on two amounts: One figure that shows the amount you’d be comfortable spending monthly and another that shows your absolute maximum. You can use a budget calculator to help, if necessary.
3. Prioritize Your Wish List
We all have a wish list for our for our future dream homes. Whether it’s a gourmet kitchen or fabulous outdoor pool setup, odds are you know what you want and exactly how it should look. We’re happy to tell you that can take some your wish list with you when looking at properties, just not all of it.
When it comes to looking at real estate and especially when you are looking at starter homes, prioritization is key. You may not get every item on your list, but if you narrow it down to the features you absolutely need, you’ll likely end up happy with the result.
So make two lists. One with items that are absolutely necessary like the number of bedrooms and bathrooms in a home and another for nonessential items that would make you happy to have in a home. Focus on finding properties that check off all of the items on your first list and think of items on the second list as added benefits.
4. Focus on Location
As for what should top your wish list, location is absolutely key. If you think about it, it is the one feature of your new home that absolutely will not change. Since you’re unable to alter it in any way, take the time to make sure that it will suit your needs for many years to come.
Before putting an offer in on a property, do your homework. Map out how long it will take you to get to work or school. Check the proximity to all essential spots like grocery stores and pharmacies. Make sure you’re happy with the amount of nightlife in the area.
It may be a good idea to have a few target areas in mind before meeting with your real estate agent. That way, he or she will be able to target your home search to properties that fit your needs.
5. Don’t Sweat The Small Stuff
Once you’re finally get to start the showing process, it’s exciting and overwhelming. You’ll be seeing a lot of houses rather quickly. Sometimes it can be hard to separate one property from the other and to pick out the features you like the most.
In an effort to keep everything straight, many first time buyers have a tendency to identify properties by focusing on the small details a wallpapered dining room or some vinyl flooring in the kitchen. But, continually focusing on the small details can hurt in the long run, if you decide not to move forward on a house because of them.
Instead, every once in a while, try to force yourself to take a step back and look at the bigger picture. Is the house structurally sound? Does it require any monumental repairs? As long as those things are okay, small details like wallpaper can be fixed later down the road.
6. Go In With Your Best Offer
Real estate is one of the few areas where sale price is still up for negotiation. Unfortunately, this means that many people, especially those like first-time home buyers who may be working on a lower budget, go in to the buying process with the mindset that they can try and score a deal on their new property.
However, by doing so you may actually be setting yourself up for disappointment. If their is another offer on the table, submitting an offer that is far below the sale price will almost certainly put you out of the running. Even if there is no other competition for the property, a super low offer may insult the sellers and they could decide to reject it as a result.
When you’re thinking of what price you’d like to put forward, ask yourself how you would feel if you received the same. If you would turn your nose up at an identical offering, consider going in a little higher. This particular piece of advice comes with one caveat. If you absolutely love the property, go in with your best foot forward. However, if you feel lukewarm about the house, feel free to try and score a deal.
7. Gather All Your Inspection Information
It’s true. Home inspections are optional. Some people choose to skip them to avoid paying the upfront costs. However, especially when it’s your first time buying a home, we do not recommend skipping them. In fact, we suggest you gather as much inspection information as possible.
This is because inspections can often reveal hidden issues like expensive repairs. Plus, since buyers are still able to walk away from the transaction during their inspection time frame, if you find that the repairs are too much to handle, you will be able to move on to another home that better suits your needs.
However, if you opt out of your inspections, you are essentially agreeing to take the home in its current condition, whatever that may be. If you happen to find a major issue later down the road, it will be your responsibility. Whenever possible, get the information upfront.
8. Keep A Level Head When Negotiating
Once you’re under contract and headed to the settlement table, every decision becomes a negotiation who will shoulder the cost of repairs, what items will get left behind, even when settlement will be. The best thing that you can do in these situations is to work at keeping a level head.
It can be easy to get over invested in getting your way, particularly when making a decision that you are truly passionate about. But, remember that successful negotiations work on a system of give-and-take.
Stand your ground when you believe that you have a cause and try to do so in a polite and respectful manner. However, don’t underestimate the power of striking a compromise or ever conceding on issues that aren’t so important to you. You never know when that act of good will may be returned by the sellers.
9. Don’t Tackle Every Improvement At Once
This is the biggest mistake that many new homeowners make. While it’s sounds like a great idea to get all of the annoying construction out of the way at one time, taking on too many improvements at one time is a sure way to become overwhelmed with your new home before you’ve even truly had a chance to unpack.
Instead, only focus on the repairs that are absolutely necessary to make your home livable. Then, live in the space for a few months before taking on any cosmetic fixes. Living in your home may open your eyes to better repair scenarios than you had originally envisioned.
Then, when it’s time to tackle those upgrades, take on one project at a time. Remember, presumably you’ll be living for at least the next few years, so you have time to make your mark.
10. Aim For Resale Value
Let’s be honest for a second: It’s very unlikely that your first home will end up being the home you live in until you become old and gray. In a few years, you may need to relocate for a job or your family may grow.
That’s why when buying your first home you should focus on resale value. While it’s obviously important to find a home that you love, you should also focus on finding one that will appeal to others, if you need to sell it in the future.
As for what counts as resale value, think about things that appeal to the younger generation first-time home buyers. Things like proximity to shops and restaurants, curb appeal, and neutral upgrades tend to have mass appeal.
Buying your first home is exciting, nerve-racking, and downright terrifying all in one. It’s a once-in-a-lifetime experience and we are here for you every step of the way. We’ve compiled a list of all the thing’s that millennials and those who love them need to know before entering the housing market. Keep them in mind as you search for your first home and beyond. After all, you never outgrow good advice.
Millennial’s, what questions do you have about the housing market? What are you looking for in a home? Let us know in the comments below. Or are you planning to buy or sell property this year? Reach out today.