Tagged : buy a home

Found 12 blog entries tagged as "buy a home".

Buying a home can be a financial stretch. With soaring home values and rising interest rates, many potential first time home buyers find saving for a down payment increasingly difficult. For many people, the main source of savings is in the form of a 401k and tapping into this resource for a home purchase is one way to find the down payment necessary to finance a new home; but should you use your 401k to buy a home? Experts are conflicted.

A 401k is a retirement savings plan offered by employers which takes pre-tax earnings and deposits it into an investment account for use in retirement. The money in a 401k account can be accessed by either taking out a loan against the balance or by a straight withdrawal. A withdrawal before the age of 59.5 is

90 Views, 0 Comments

The increase of pricing in the housing market and lack of inventory has left some potential homebuyers renting instead of purchasing.

As a result, these renters may not just be viewing rentals as just a temporary steppingstone to homeownership and expect their rentals to have nicer amenities than in previous decades. If you’re a landlord, there are 8 amenities your rental should consider including:

1. Dishwasher – Rentals without dishwashers may experience more turnover than those that include one.

2. Washer and Dryer – With all the great space-saver appliances on the market, there is no excuse not to find room for a washer/dryer unit.

3. Alarm System – Security systems cost a few hundred dollars and can add value to your rental.

4.

800 Views, 0 Comments

Real estate markets across the country are experiencing a strong seller’s market right now. For potential sellers, this may be a golden opportunity to get top value for their property. While it may be tempting to aim for the sky when setting the listing price, that may not be your best option.

Here are 3 pricing strategies to consider before deciding on your asking price.

1. Listing at Market Value Buyer’s love “realistic sellers.” After considering the market data for your area, choosing to list at the current market value can attract the right buyer and encourage a solid offer or two. Typically, this results in a full-price offer with straightforward terms.

2. Listing High It is always tempting to list ahead of the market, especially in a

732 Views, 0 Comments

Room Update – Try Color-Blocking

Repainting a room is one of the easiest ways to freshen the décor while changing the feel of the room. The hottest design trend this year takes this to a whole new level. Color-blocking techniques are dominating magazines and social media with vivid color palettes and bold geometric patterns, turning the traditional painting project into something special.

Color-blocking takes many forms—everything from a simple way to differentiate one space from another by changing the wall shade, to artistic pairings that would feel at home in a modern art gallery. Your style most likely falls somewhere in between. The common theme is to try something new while changing the feel of the room.

Before you start your project,

169 Views, 0 Comments

Problem Vacation Rental Next Door?

You live in a quiet, residential community…then one evening you notice someone in the neighborhood is having a large, loud party which lasts into the wee hours of the morning. While you’re willing to overlook an occasional party disturbance, you come to find out that your new neighbors have converted their home into a vacation rental. What can you do about it?

The first step is to reach out to the owners and have a conversation. Ask them about the rental rules they enforce and how they handle issues. Discuss how many guests they permit at a time and how often they intend to rent the home. Hopefully, they understand your concerns and have anticipated how to handle unruly renters.

If you discover that the

227 Views, 0 Comments

All About City Trash Pickups

In this environmentally ‑correct age, you can’t throw an old appliance out with the garbage anymore. Most areas require that you place household and yard waste in separate containers, and that you deliver hazardous items to collection centers. So what are the rules in your area?

Trash pickup dates. Your city’s website will offer a garbage and yard trash schedule for the year for your area, including holidays. Simply input your address, if available, and print and save the schedule in a handy kitchen drawer. You can also order new trash and recycling bins.

Recycling. You’ll need to know how to separate your disposables for pick up and what days those

552 Views, 0 Comments

The Fairytale Tudor

Great Britain’s Tudor reign spanned 1485 and 1603 and was unprecedented in terms of prosperity. International trade led to a great expansion in free-thinking and in – home design concepts, including new ideas like the decorative indoor fireplace with a mantle, hand-made rugs from the Orient as table coverings, and built-in cabinets and seating. 

Tudor style is down-to-earth and charming, and many urban homebuyers are enchanted by their asymmetrical designs, distinctive half-timber accents, deeply pitched roofs, leaded glass windows, gables, turrets, and brick or stone exteriors, accented by one or more large brick-patterned chimneys.  The entry is typically a plank style door with a rounded arch and iron hardware. 

Tudor

390 Views, 0 Comments

Emergency Plans for Your Family

Do you know what to do when a disaster strikes? Do your children? By creating and practicing an emergency safety plan, you can protect your family when natural disasters happen. Wildfires, tornadoes, hurricanes, and earthquakes each require special preparations, including emergency kits with food, water, first aid, medicines and blankets.

Fires. The National Fire Protection Association advises you to have at least two ways to escape the home in case of fire. Practice fire drills with your children at least twice a year so they can identify safer escape routes from anywhere in the home.

Tornadoes. Tornadoes are fast, unpredictable and destructive. The Red Cross recommends the safest shelter for the family as

956 Views, 0 Comments

HOMEBUYERS’ ADVICE | Is It Time To Buy a Vacation Home?

You may be feeling fairly flush these days, with a bigger salary, job security, appreciating homestead and other wise investments. Now might be the right time for you to buy a vacation home.

According to the 2019 U.S. Vacation Home Counties Report compiled by the National Association of REALTORS, the median price of vacation homes between 2013 and 2018 appreciated 36% compared to existing and new homes at 31%.

Like many vacation home buyers, you may be thinking of a great family getaway, but you can also use a second home as an additional way to build equity. You can lease it for income, and then use the property as your primary residence upon retirement.

Banks have stiffer qualifying

252 Views, 0 Comments

HOMEBUYERS’ ADVICE | “Flaneur” the Way To Your Next Home

Have you ever taken the time to stroll the marketplace in your neighborhood or the city simply for the pleasure of observation? Then you might be what the French call a “flaneur.”  The flaneur was first described in the writings of 19th-century poet Charles Baudelaire as one who casually wanders, watches and chronicles the street life they observe. You could try the concept to help you find your next home.

You can wander neighborhoods you’re interested in by car, bus or train, but you can do so much more effectively by foot. Start at places with lots of activities, like shopping centers, business districts or city parks. Try to have no other agenda except to meander and let the sights, sounds,

259 Views, 0 Comments