Estimated Home Value To Inrease Hacks tTp Priority of Every Homeowner. How to Pick a Mortgage Loan Term. Tips For Picking a Mortgage Loan Term How do you know which mortgage loan term to choose? The length of your mortgage obviously will have a significant financial impact on your monthly expenditures. If you are like most people, you probably assume that mortgages are available in two flavors—30-year and 15-year terms. These are the most popular options, which explain why buyers and owners who want to refinance assume that they are the only two options out there.
But when you start talking to lenders, you will discover that you can get a mortgage for a wide variety of terms. When you think about picking a lender, one of your considerations may be the types of loan terms that are offered. Remember that the loan term and the lender you pick will have long term financial consequences. Your Options for Loan Terms Considering that 85% of mortgages for purchasing homes in 2012 were 30-year fixed-rate loans, it is evident that the 30-year mortgage offers the most appeal. 1. 2. 3. 4.
Buying a House As Is: Good or Bad Move? What are the pros and cons of buying a house as is? Many buyers will not have heard of the "buying house as is" concept. In brief, it means that you take a chance of buying a property as it can be seen. When you enter the home, you will often notice that it needs fixing up. That is what you are going to be taking on. More often than not, there will be many projects to complete. Do you need to have experience when buying a house as is? It is a good idea to have your own personal experience or knowing someone who can help you. Many laymen, however, do not possess such strengths.
What About Finance? You will find that financing the project is going to be difficult. It should be noted that not all properties sold as "buying a house as is" are in bad shape. For example, FHA mortgages have condition requirements that have to be met to grant a loan. You'll want to know up front who will be doing any repairs. What Matters: Due Diligence and Budgeting What to Look Out For When Viewing the Property. 4 Repairs to Make Before Selling a Home. From real estate investors, house flippers, or homeowners, everyone is looking to make the most from a home sale. Taking the time to upgrade your property not only will help you get more offers on your properties but also help you sell your home for more! An easy way to make the most for you properties is by upgrading and repair your home BEFORE it goes on the market. These top 4 repairs promise a significant return on investment and will make selling your home a breeze.
Fresh Paint Who doesn’t love a fresh coat of paint? A Fresh coat of paint can help liven up any space, increase your home value, and is a great way to attract new buyers. Paint is an excellent way to unifying your interior, make it feel new, and adding a sense of cleanliness to any space. Paint sets the scene for your new buyers, so picking the perfect colors for your space is a necessity. Painting your house can increase your value, attract new buyers, and is a relatively inexpensive repair to do! Landscaping Windows: Top 12 Real Estate Articles for May 2019. Should I Hire a Listing Agent to Sell My Home? If you are considering selling your home, you may wonder whether or not you should hire a listing agent.
Or sell it as a For Sale By Owner. Michelle Gibson has written an excellent article about the Reasons to Hire a Listing Agent. There are some homeowners who think they can sell their home on their own without a Realtor. However, there are details that sellers need to be aware of to avoid potential problems after the home is sold! Many FSBO sellers do a lot of the work and end up never even selling their home. There is a tremendous liability with selling a home without a professional real estate agent that a homeowner may not be aware of. Should I Use the Realtor Preferred Lender? Eric Jeanette has written an excellent post about whether or not a buyer should utilize the lender recommended by the Realtor. You will find information about whether or not the lender has competitive rates and more. What To Consider When Buying a Scraper. Zillow Zestimate Home Value - To Trust or Not to Trust?
Although Zillow Zestimate home value can be off when it comes to its numbers, the site still shows a substantial amount of information that can be really useful when you are buying or selling a property. Below are the things Zillow serves its purpose: You can just quickly look up homes when you’re ready to buy one. The data about each house provide a clear picture for each property. The integrated Bing maps come in handy. They are useful in helping buyers know what’s around a particular property. Zillow has a ton of information you would want to know when buying a home. From a seller’s perspective, it’s an excellent platform for them. Zillow has an app for smartphones. Zillow shows the way prices are trending. Buyer's Agents Do More Than Unlock Doors. How To Make Money By Real Estate Investing – Progressing Income. This post may contain affiliate links. We may receive a small commission when visiting these links.
Thank you very much for your support! For more info read our Disclosure. Thank you Catherine Way for the following guest post. If you are looking at growing your wealth and income, then you must’ve come across the quotes and figures that state time and again that the one true way of becoming rich is thru real estate. “Ninety percent of all millionaires become so through owning real estate. Who doesn’t love the idea of a passive income or growing rich in your sleep? More people are renting than ever before, and the market for landlords is ever expanding, with no plans on stopping anytime soon.
New avenues for real estate investing are coming to life thanks to the popularity of AirBNBs and House flipping! Therefore making money by real estate investing has never been easier. The time t start real estate investing is here, and making money by investing, has never been easier. Renting House Flipping. The Day - Prepare for security issues when hosting an open house - News from southeastern Connecticut. When you promote an open house, you're essentially letting people know that anyone who wants to can go inside your home on a certain date. What's more, you're actively encouraging people to peek into your closets and cabinets, and you won't be there when they do.
Put this way, it's clear that open houses present some security risks. Before you host this type of event when selling your home, you'll want to make sure you take a few safeguards to prevent theft. Since real estate agents will often be busy greeting visitors and answering questions about the property, thieves can easily take the opportunity to steal a few things. Ann O'Connell, writing for the legal site Nolo, says prescription drugs are the most commonly stolen item at open houses, followed by jewelry and small electronics. These items can be quickly and surreptitiously pocketed, especially if they are out in the open.
Before hosting an open house, you should make adequate preparations to discourage theft. Procaffenation. Eco-Friendly Renovation Ideas for Greener Living. No matter if you just bought a property and can’t wait to give it your personal stamp or you wish to give your old home a modern look, you can always green up your place and invest in a healthier future. Going green will not only ensure your place is Eco-friendly, healthy, and sustainable, but it can also save you some serious money in the long run. So, if you’re intrigued, here are some of the best Eco-friendly ideas for greener living. Make some of these changes, and you’ll be helping the environment while also putting more money in your pocket. Install solar panels If you want to make a significant step towards being completely sustainable, start by installing solar panels. Depending on your climate, you can supply a part of your home or even satisfy your entire electricity demand out of a completely green and renewable source.
If you can’t afford a full solar power system for your roof, you can opt for a smaller one that will supply your water heater or other smaller appliances. Questions From Sellers to Real Estate Agents. With buying a home comes a lot of questions and concerns that arise directly from the home buyer. It's no different when someone is selling a home, either. No matter how many homes and properties a homeowner has sold, there are bound to be questions that come to mind for each unique circumstance. For sellers it's bound to be true that every market and circumstances could be different. Not every experience will be the same, so it's not entirely plausible for the seller to want to know what exactly they should expect. Sure, there will be some familiar situations, however, real estate is an ever changing business. As a Realtor, it's your responsibility to handle and address these situations before potential issues ever becomes a problem. Let's do a quick review: How is the real estate market right now?
Are homes and properties selling fast or has there been a decrease in sales, leaving the real estate market bland and over-saturated? When is the best time to sell? The simple answer is no. Is Wholesale Real Estate Worth the Risk? You want to venture into real estate business but don’t have much money. So you do some research on “investing with little or no capital” and eventually come across the term “real estate wholesaling.” How does it work? You find real estate property for sale at a lower price than its market value, put it under contract, then sell to a potential home buyer or another investor at a profit.
Sounds like a great real estate business idea, right? Little to no capital requirements, no need to own property, good profits, low risks, plus the advantage of being your own boss, what’s not to like? Risks Associated with Real Estate Wholesaling To assess whether wholesaling real estate is worth the risk, we need to first understand the inherent risks associated with the business. 1. Love it or hate it, wholesale real estate is a popular way to make money. You cannot get into real estate wholesaling and expect to close a deal every week. 2. 3. The contract itself can limit your ability to make money. Why? Top 8 Things New Homeowners Need. 9 Things Homeowners Never Clean but Should | Home Maintenance Tips. Cleaning can be a real chore sometimes, one which a majority of people don’t look forward to doing.
Consequently, there are a number of things that often remain untouched yet they crucially need to be cleaned. Here are 9 things around your home that need to be cleaned. We also share how to clean them and why. 1) Washing Machine Another cleaning appliance wrongly perceived to take care of itself, the washing machine needs to be cleaned at least once a month.
Doing so eliminates favorable growth environments for bacteria and also improves the heating and cleaning efficiency of the machine. Fill the washing machine with hot water and a cupful of bleach then clean the rubber seal on the door with a paper towel, not forgetting the dispensers as well, to remove debris such as hair. And how do you that? 3) Dishwasher Many people think it’s a given the dishwasher to always be clean since, well, that’s what it does but that’s not the case. Final Thoughts About the Author Summary Article Name Author. Home Improvement Projects That Increase Property Value. When it comes to home improvement projects, not all money spent can be recouped when you sell in the future. That is why you need to make smart decisions when remodeling parts of your home. It is smart to consult with a local real estate professional if you know you’ll be selling your home shortly.
Every real estate market is different. Some improvements may do a world of good while others might be throwing money out the window. You need to consider the cost of remodeling versus the value that it provides to determine if the home improvement project is worth the investment. To help you with your decision, here are some ideas for home improvement that will add value to your home. These improvements are typically going to add significant value in any kind of real estate environment. 1. Home buyers appreciate more space and prefer to buy homes with a more significant area than their previous one. There are a few things to consider when remodeling your basement. 2. 3. 4. 5. Final thoughts. How to Fix Cash Flow Problems - World Executives Digest. How to Reduce Your Carbon Footprint by Clearing Clutter | Green News, Tips, and Services for saving money, energy and the planet.
Sharon Paxson is a Full-Time Realtor® at Newport Beach Real Estate. With experience since 2005 representing buyers, sellers, tenants, and landlords with their real estate transactions. We work in Coastal Orange County CA areas including Corona del Mar, Huntington Beach, Newport Beach, Newport Coast, and more! If you are considering selling your home or buying a home, it will be a pleasure to work with you and list your home with a top Newport Beach CA Realtor. Posted on Tuesday 14th May 2019 It’s no secret: clutter is not your friend; it is, in fact, your enemy . Looking around my own house, I try to make my life simple by reducing the number of items I have in my home. Most Americans tend to hold on to too much stuff around the house. The size of my home is like many others in America- approximately 1500 square feet- meaning it can quickly become filled with clutter. Consume Less, Use Little Space Reduce, Reuse, Recycle Most people usually donate toys, clothing, and household stuff.
Home Mortgage Application Checklist. Any mortgage application process will be made easier and faster when you have the right documentation available. It is better to plan ahead and create a checklist of everything you will need in order to complete your loan. One thing that you should do well ahead of time is to check out your credit score and accompanying report. It could be that your credit profile needs cleaning up. This is the one document all lenders will make sure they check out before they give you a mortgage. If you're the type of person that loves to be prepared ahead of time, you' ll love the guide on what you need to provide a lender in order to get a mortgage for a home purchase. Below you'll find a summary of what's needed to get a mortgage for most lenders. What Are the Most Important Items on Your Checklist? The most important items on your checklist include pay stubs, W2's from your employer, bank statements and tax returns. Remember when buying a home the lender will be doing a thorough interview.
13 Powerful Pinterest Real Estate Marketing Ideas From The Pros. With more than 125 million users in the U.S. alone, Pinterest is an ideal social media platform for Realtors. Of course, it’s not just size alone that makes Pinterest so great for real estate marketers. More than 90% of active Pinterest users report using the platform to help in their purchase planning process. Knowing this, we were very curious about our experts’ thoughts on Pinterest marketing for real estate agents. We put out the call for the best Pinterest real estate marketing ideas, and heard from experts all across the digital marketing space. 1. Heather Farris, Founder, Farris & Company LLC Most agents’ first mistake when it comes to Pinterest is that they put it in the same category as Facebook or Instagram.
“One of the biggest myths about Pinterest is that it’s just recipes and craft projects, a social media platform for DIYers. 2. Bill Gassett, Realtor, RE/MAX Executive Realty “Pinterest is a visual search engine, but it is also a social media platform. 3. 4. 5. 6. 7. 8. 9. What are Showing Instructions for Your Home? Best Real Estate Articles May 2019. Rental Property: 9 Overlooked Steps That Make Rental Property Profitable. What Buyers Notice When Walking Into Your Home. FHA and VA Repair Requirements on a Home. The Complete Guide to Real Estate Content Marketing and Blogging. 6 Remodeling Hacks for an Instant Market Boost. What Is a Mechanics Lien? Your Questions Answered | Handle. How to Be More Eco-Friendly at Home | Green News, Tips, and Services for saving money, energy and the planet.
How the Home Buying Process Works From Start to Finish - JD PDX Real Estate. 24 Must-Read Real Estate Blogs for Realtor News, Strategy, & Insight. Marijuana's Impact on Home Values. How to Tell Your Roof Needs Replacing. Top Lies Real Estate Agents Tell Home Sellers to Get a Listing. Buying a House With Solar Panels: What You Need to Know | Green News, Tips, and Services for saving money, energy and the planet. Never Allow a Dual Agency Agreement in Real Estate. Everything You Need to Know About the Realtor Code of Ethics. Top Home Buying Mistakes to Avoid. Real Estate Marketing Skills Agents Should Master What to Expect From a Home Inspection: Things You Need to Know. Why an ARM Mortgage Deserves Your Attention | Rentkidz. Green Remodeling Tips and Tricks for Selling Your Home Quickly | Green News, Tips, and Services for saving money, energy and the planet. Signs of a Difficult Home Seller.
How to Decorate Your Office to Maximize Productivity. 6 Ways to Be More Energy Efficient at Home | Green News, Tips, and Services for saving money, energy and the planet. Frequently Asked Questions From Home Sellers. Is Your Home Inspection Accurate? Should You Get A Second Inspection? | Real Estate Info Guide. Why Are Home Warranties on the Rise in Massachusetts Today?
How Earnest Money Can Affect the Offer | Real Estate. Does Buying a Home Require a BIG Down Payment? What to Do When Your House Fails The Home Inspection | American Society of Home Inspectors, ASHI. The Top 10 Curb Appeal Tips When Selling a Home. How to Go Green in Your New Home | Green New Construction | Green News, Tips, and Services for saving money, energy and the planet. How to set up a Family Budget | Kids in the House. 5 Green Construction Ideas To Save The Environment. 6 Home Renovations that Have a Good Return on Investment - Newport Beach Real Estate Cafe. Discover Real Estate Blogs (2019 Best Real Estate Blogs) Heads Up Sellers: Millennials Want to Fall in Love with a Home. Helpful Real Estate Articles For Buyers and Sellers. Spring Home Maintenance Tips For Your House | How to Maintain A Home. 5 Tips for picking a great real estate agent. Realtors suck! What do they do all day anyway? 3 Unacceptable Home Pricing Myths that Erode Equity.
Do I need a real estate agent when buying a home? 7 Home Buying Mistakes- You Don't Know What You Don't Know. 10 Ideas to Go Green in Your Home | Green News, Tips, and Services for saving money, energy and the planet. Best Real Estate Articles April 2019. Should We Buy a Home Before Marriage or Wait? Interior Design Trends: Small Changes for a Big Impact | Smooth Decorator. Using A Gift Of Equity To Buy A Home: Conventional Loan Guidelines. The Best Real Estate Articles For First Quarter 2019. FHA Closing Costs - FHA Lenders. Pricing a Home Accurately: Mistakes to Avoid. Tips for picking the best Realtor or real estate agent near me. Mistakes That Keep Your Home From Selling. First Time Home Seller Tips.
11 Awesome Real Estate Articles. Documents Needed For Mortgage Preapproval For Each Type of Loan. The best Realtor for you! How to Makeover Your Garage on a Budget. Questions to Ask a Home Inspector. Interesting Real Estate Reads April 2019. What to Ask When Interviewing a Real Estate Agent to Sell Your House. 6 Important Reasons to Get a Home Inspection Before You Buy a House – Homes In Johannesburg. Home sellers - You must do this before listing your hom. Newportbeachrealestate.kinja. The Biggest Home Inspection Mistakes to Avoid. Should I Buy a Home With an Old Septic System? - Best Answer. High ROI Repairs and Updates That Every Home Seller Should Consider. Why Have a Buyer's Agent When Purchasing a House. 5 Important Home Buying Mistakes to Avoid. What is a Right of First Refusal in Real Estate. The real costs of inspecting a home you want to buy. Home Buying is a Tricky Affair to Engage In How to Become Better.
Dual Agency Doesn’t Benefit Consumers. Dealing With Flood and Water Damages | ASAP Restoration Phoenix AZ. Things to Do Before Buying a House. Do I Really Need A Home Inspection? Top Home Selling Mistakes to Avoid. Things a Home Inspector Can’t Tell You: Understanding The Home Inspectors Role in Your Purchase | American Society of Home Inspectors, ASHI.