Stages of Buying a Home

It may be a goal you have had since childhood. Perhaps, you have rented for most of your adult life and now want to experience the joys and satisfaction of home ownership. Buying a home is a big step and requires a lot of important decisions along the way. With some advanced planning and research, you can be sure your home purchase is something you feel good about for many years ahead. Here are the basic steps that lead you to a successful transaction.

Understanding What You Can Afford
This is different from qualifying for a loan. This is calculating how much of your budget you will devote to your home and how much money you want for other things. For a person who values travel, they can afford more house than they should buy. Some of their money will go toward accommodations on the road or other travel expenses. If you love fishing, boating, or a hobby such as restoring classic cars, factor the required budget for your preferred pastime into your overall household budget. With that in mind, think twice about buying a home the bank says you can afford. You will be happiest in the home that allows you to enjoy life to its fullest.

Review Your Credit Report
Know your credit score prior to meeting with any loan officers or mortgage brokers. A lower score will result in a higher interest rate and possibly prevent you from qualifying for the loan you want. It can take several months to correct any errors in your report. By reviewing your report a few months before home shopping, you could save yourself several thousands of dollars over the life of your loan.

Choosing Your Professionals
The U.S. Department of Housing and Urban Development (HUD) advises potential home buyers to attend a homeownership education class prior to choosing a mortgage. The Consumer Financial Protection Bureau was established to help protect consumers from predatory lending and mandates all required information about your loan and real estate transaction be written in clear, easy to understand wording. It is an excellent resource for home buyers.

Take time to interview several loan professionals before signing with one. You can be pre-qualified by your bank or any loan company. That does not obligate you to choose them for your home loan. Discuss your goals with a Coldwell Banker® brand agent. They are here to consult with you at each step of the process. Also, it is a good idea to know who will be your attorney for the closing. Many builders want you to close the transaction with their attorney. As the home buyer, it is your right to choose the attorney who will represent you in the closing.

Choosing Your Home
Once you are pre-qualified, you are ready to begin shopping for your new home. For most buyers who plan to purchase with a standard 30-year fixed-rate mortgage, there are few restrictions on the houses they view. If you will be using a FHA loan, USDA home loan, or other special financing, you can only consider homes that qualify for these programs. HUD has incentives for first-time buyers and community servants like firefighters, teachers, and lawenforcement officers. To see if you qualify for special financing, and to learn if there are any Good Neighbor Next Door homes available in your area, consult with a Coldwell Banker® brand agent.

Take your lifestyle and future plans into consideration as you view homes. If you plan to move in a few years, you may want to choose a simple, easily affordable home that will always be in demand and fairly easy to sell. It is best to have a second and third choice in mind that you can go to if you have to walk away from negotiations on your first choice.

Negotiating the Contract
Buying a home is an emotional experience. Trust your home buying expert with Coldwell Banker Real Estate LLC for guidance. They work with lenders, home sellers, and other real estate agents every day. They will advise you on negotiation strategies and be there to provide objective advice that protects your best interest in the transaction. Most contracts have contingencies, and the negotiation is not complete until all contingencies are met.

Home Inspection
A thorough home inspection by a certified professional is crucial for any home purchase. You should attend the inspection and feel free to ask questions about any areas of concern. Once you have received the home inspection report, your Coldwell Banker brand agent will review it with you. You may choose to ask the seller to make some needed repairs, negotiate a lower price, or accept the report and move forward with the transaction as it is.

The Closing
The Real Estate Settlement Procedures Act (RESPA) requires that lenders provide home buyers with as accurate of a good faith estimate as possible and that they disclose the nature of all cost. It also prohibits kickbacks and other unlawful payments among real estate professionals and lenders. The TILA-RESPA Integrated Disclosurerule combines forms required by the Truth in Lending Act, also known as Regulation Z, and the Real Estate Procedures Act, known as Regulation X, into one simple form. This new document replaces the final document required by the TILA and the HUD-1. You have three days to review and discuss it with your Coldwell Banker brand agent.

For any changes in amounts before or after closing, the lender must provide you with a corrected Closing Disclosure showing the actual amounts. All financial figures must be documented in writing and not delivered verbally. With sufficient communications prior to closing, you know the amount of certified funds (if any) you need to bring to closing. You can relax, sign the necessary paperwork, and receive the keys to your new home.

Posted on April 17, 2018 at 9:27 am
Kappel Gateway Realty | Category: Buyers, buying | Tagged , , , ,

Buying a House as a Police Officer, Firefighter, or EMT

Police officers, firefighters, EMTs, and teachers give so much to our country. They selflessly put their lives on the line to protect us, take care of our children, and help us accomplish our dreams. So it’s only right that they have the same opportunity to achieve their own American dream of buying a home.

Unfortunately, even though these public servants are working tirelessly in essential roles, they often have a difficult time purchasing property. Too often, it’s just out of reach financially.

The good news is that thanks to a range of public and governmental programs, these public servants have more opportunities than ever to buy a house at affordable rates and through a simplified process. There are options for tax breaks, down payment help, subsidized mortgage interest, and reduced closing costs. It’s all about making homes for heroes a realistic venture. Let’s talk about what’s available!

Mortgage Loan Assistance

There are many different private home loans for teachers, health care professionals, and rescue workers, and law enforcement personnel. These loans typically offer the lowest mortgage rates possible—though it’s still important to shop lenders to find the best deal.

One such program is Freddie Mac’s Home Possible Program, which offers first responder home loans that finance up to 100% of the purchase price. There are also similar programs offered through Fannie Mae and many other private banks. We recommend checking with lenders in your area.

You should also check with your state and/or city to see if there are similar programs. For example:

  • New Jersey offers first responders a discounted mortgage rate that can be up to a full percentage point less than the market rate
  • Alaska has a program for health care and school workers that finances 100% of a home’s purchase price and includes subsidized interest rates

Mortgage Credit

Beyond lower interest rates and financing 100% of your home, the IRS offers Mortgage Credit Certificates (MCCs) to help make homes for heroes easier to purchase. This credit differs from state to state but can enable teachers, police, firefighters, and EMTs to buy a more expensive house with the same income.

How does it work?

An MCC allows you to deduct your mortgage interest and gives you credit against tax liabilities. This means that your lender will subtract the credit from your house payment when calculating your debt-to-income ratio so that you can get a larger loan.

For example, let’s say you get a 20% MCC and you paid $15k in interest over the last year. That’s a credit of $3k per year, or $250 per month. That means that you can afford a home loan that’s $250 per month more expensive than otherwise.

Teacher Next Door’s First Time Buyer Program

Thanks to the Teacher Next Door’s First Time Buyer Program, there are home loans for teachers, firefighters, EMTs, and police officers only. What does this program include specifically?

  • $0 in application fees and up-front pre-approval
  • Low down payment options and down payment assistance
  • Closing costs grants
  • Home loan assistance

This program was designed to increase home ownership for specific public servants and to streamline the home buying process. As for the grants for police officers to buy homes and others, they do not have to be repaid and are subject to availability.

HUD Good Neighbor Next Door Program

Finally, there’s the Good Neighbor Next Door program offered by the U.S. Department of Housing and Urban Development (HUD). This program provides full-time firefighters, law enforcement professionals, teachers, and EMTs homes at 50% of their value. That means you pay monthly mortgage payments on just $150,000 for a $300,000 house ($850 versus $1600 per month).

How does it work?

  • Buyers have to be willing to live in the property for at least three years
  • The property must be located in a HUD designated area, which refers to a Revitalization Area as determined by home ownership rates, average household income, and FHA foreclosure activity

To learn about additional assistance programs for public servants, contact Coldwell Banker today. Our real estate agents can help you find the perfect home for you.

Posted on March 22, 2018 at 4:35 pm
Kappel Gateway Realty | Category: Buyers, buying | Tagged , , , , , , , , , ,

Size Matters: Finding the Perfect Size Home for You

 

If you’re house shopping, there’s probably one question that’s been on your mind often: “What size home should I buy?” At a glance, the answer seems obvious: as big as you can afford! But that’s only a small piece of the puzzle. Home size matters on many levels from personal preference to resale value, future plans, your budget, and more.

How do you find the ideal home size for you and your family? Here are three things you need to consider:

The Truth About Square Footage

A foot is a foot, right? When it comes to the square footage of your future home that may not be the case. Measuring the size of a house isn’t incredibly precise. More often than not, the size will change depending on which appraiser is measuring and what mechanism they’re using to determine the square footage: measuring tape, laser measure, or eyeball. The reality is that there are no universal standards when it comes to measuring your home size.

What does this mean for you? You need to choose your home size not by the numbers but by the feel. Don’t put too much stock in the listing size on paper, but instead find out in person if each room, bathroom, and living area is large enough for your needs. It’s not about how other individuals answer the question, “What is a good sized house?” It’s about you, your family, and how big a place feels in person.

Your Budget

While your budget isn’t the only thing you should consider, it needs to be one of the critical factors in determining your ideal home size. And that may be little more complicated than you think. What matters when it comes to your budget?

  • Loan Size: The larger the house, the more expensive—most of the time. Make sure the average house size of your real estate listings fits with your pre-approved loan budget.
  • Monthly Budget: Large houses are expensive to keep up. As you increase your square footage expect to pay more in electricity, water, gas, cleaning, and more. If you have a tight allocation for monthly expenses, don’t go overboard on a large house without factoring in these other costs.
  • Your Future: Are you planning to have more kids? Do you need a new car? Are you counting on getting a raise at work? If you’re expecting your financial situation to change, make sure your home budget fits the modifications.

Your Preferences and Needs

Your particular wants and needs should have the most significant impact on the home you choose. Make sure you’re truthful and honest with yourself about your expectations and needs. For example, if you eat out regularly and hate cooking, there’s no need to spend on a gourmet kitchen! You’d be better served looking for a home with a smaller kitchen and a bigger living room.

To help you determine your preferences, here are ten questions you should ask yourself:

  1. Do you like small and cozy or do you need room to spread out?
  2. How many people are in your family and how much space does each person need?
  3. Do you have any hobbies or jobs that require extra space? (If you work from home, you’ll need an office. If cars are a passion, you’ll want a more substantial garage)
  4. How often do you have visitors over? (If you have parties every few weeks and relatives visit a few times a year, you might want more space for guests)
  5. Are you planning to have more kids or have an elderly relative move in with you?
  6. What size of house have you been excited about in the past?
  7. How much storage do you need? (Closet space and built-ins can be a big space saver)
  8. How large is your furniture, and how much do you have? (If you have a king-sized bed, you want a big master bedroom)
  9. What’s your five-year plan? (Upgrading your home to a larger size can be difficult; make sure the home you choose can last for years)
  10. How much outdoor space do I want?

For additional help, check out, “What size home should I buy?

The key to purchasing the right-sized home for you is being realistic. Make sure you really sit down with your family to discuss what you need, want, and can afford. Then, ask your local Coldwell Banker real estate agent to help you search for the perfect sized house for you.

Source: CB Blue Matter Blog

Posted on March 19, 2018 at 9:48 am
Kappel Gateway Realty | Category: Buyers, buying | Tagged , , , , , , , , ,

Speedy Home Sales: Top 5 Things Buyers Were Looking for in 2017

Are you are curious to know what it takes for your community to see speedy home sales in 2018? In order to determine what makes home sales happen quickly, as agents, we look at the patterns. We compile the data and compare it, year over year. So if you are wondering what it takes to sell your home quickly in 2018 or “What did the homes that sold in Petoskey in 2017 in 30 days or fewer have in common?” we can tell you that.

Without further ado, let’s take a look at the top five things buyers were looking for these past 12 months.

1. Square Footage

Twenty-seven homes sold in Petoskey in less than 30 days in 2017. On average, these homes were built at around 1,500 square feet. Median square footage was 1,470 square feet. About half of the homes had basements (not included in the square footage measurements).

According to an article by the National Association of Home Builders, the NAHB, national averages in new builds has been around 2,600 square feet since 2016 and on a steady increase.

The article stated that: “The post-recession increase in single-family home size is consistent with the historical pattern coming out of recessions. Typical new home size falls prior to and during a recession as some home buyers tighten budgets, and then sizes rise as high-end home buyers, who face fewer credit constraints, return to the housing market in relatively greater proportions.”

For our purposes, the homes we are talking about that sold in 2017, were not new builds. In fact, at least one of the homes was built as far back as the year 1900, 5 homes were noted as being built in 2002 or sooner. The ages for most of the rest of the homes, however, were unknown. All that said, it appears that national averages and averages here in Petoskey don’t necessarily correlate. To further make that point, in a study of the 1,789 homes sold since 2011, only 42 were built in 2010 or sooner with an average of 2,250 square feet. Of those 42 homes, only 4 sold in less than 30 days. Furthermore, the average day on market was 180 days over the course of 7 years.

2. Bedrooms and Bathrooms

According to the National Association of Home Builders, homes are most often built to include 2.56 bathrooms and 3.38 bedrooms. These figures coincide with what buyers were looking for in 2017. The vast majority of homes that sold were 3 bedroom, 2 bath homes. These homes are usually preferable because they can accommodate growing families, guests, or retirees all the same.

Nationally speaking, master bedrooms trend at making up 12% of the square footage space. Second and third bedrooms account for nearly 17% of the home space. Lastly, bathrooms account for approximately 12% of the square footage. Most of the floorplans are dedicated to living spaces, family rooms, dining, and kitchens — totaling nearly 40%. The remaining square footage is dedicated to spaces such as foyers, closets, pantries, laundry, and garages.

3. Financing

When it comes to how homes are selling quickly, financing accounts for 37% of home sales. While most homes sold for cash (16 homes or 59%) the remainder of sales were done through a mortgage (10 homes or 37%). One home sold on a land contract.

Of the 27 homes sold within 30 days in 2017, the average sale price was $260,063. It is important to note that the highest sale price was $1,000,000 and the lowest was $60,000. Because there is such a disparity between the highest and the lowest sale price, knowing the median sale price is more indicative of the trend. The median sale price was $175,000, with the majority of homes (15) selling under $200,000.

Finally, the average price per square foot was $173, and the median price per square foot was $152.

4. Garages

It appears that if you want to see a speedy home sale, you should make sure you have a garage. Nearly all homes sold (with the exception of two) had at least a one-car garage and on average a two-car garage. It’s no wonder Petoskey residents want garages; with our harsh winters, it only makes sense to have a safe place to house a car. So if you don’t have one already, you may want to consider adding on a garage. It may help with a quicker sale, and it is also likely to increase your home’s value too. In fact, the data shows, that of homes sold in the same neighborhood with much of the same features, the 2 homes with garages sold at substantially higher prices than those without.

5. Stick-Built

Of all of the criteria that helped contribute to speedy home sales in 2017, having a “stick-built” home seemed to be on trend; 23 of the 27 homes were built on the site where they reside.

“Stick-built” or “site-built” homes tend to hold their value at a much better rate than manufactured homes. This is because the materials used for “site-built” homes tends to be of higher quality, making them more desirable. This fact coincides with the next, that site-built homes look better in the eyes of lenders. If an investment holds its value longer, simply put, it is the better investment.

Of all the things that helped to push faster sales in 2017, it should be noted that location, correct pricing, and marketing are also factors that can contribute. Because each home is unique, it is important to get a professional market analysis from a real estate agent who knows your market area. Perhaps there are some things you can work on to help your home sell such as staging or small repairs, but you won’t know until you get a professional opinion. Call an agent today.

Source: CB Blue Matter Blog

Posted on December 19, 2017 at 8:46 am
Kappel Gateway Realty | Category: Buyer's Market, Buyers, buying, closing costs, real estate | Tagged , , , , , , , , , , , ,

How to Avoid the Top 5 Home Seller Mistakes

When you are selling your home, it can be easy to be in a vacuum. You have a certain idea of what the market should pay for your home and what may or may not be an issue. After all, you are king of your castle, right? Your home has x, y and z . The location can’t be beat. It’s just around the corner from (insert fabulous restaurant, park, coffee shop, school, etc. here).

However, when buyers and agents are coming through your home, it can be where distorted perception meets reality. Here are the top mistakes sellers make and how to avoid them.

1. Overpricing Your Home

If your home is overpriced, two things won’t happen: showings or offers. The price is what sets the tone for showings. It is the nonverbal message that either invites or discourages activity. If it is too high, buyers that can afford it may be interested in something else, as they can go higher in price range, and the audience for whom it was intended price-wise are usually shut out. To avoid frustration over offers much lower than your set price, have an open discussion with your real estate agent to set the right price for your home.

2. Making Showings Difficult

Restricted showing times, no lockbox or having to be present for all showings can impact the ability of showing traffic through your home. If there are umpteen instructions or restrictions, agents and their buyers will simply move on to those properties with less rules. Work with your real estate agent to find a way to make showings convenient for both you as the seller as well as potential buyers.

3. Not Countering an Offer

While everyone would love to get the most for their home, a seller also needs to keep a realistic balance. It is too easy to get hung up on the starting number in an offer when the focus should be on what the end result is. The opening offer is simply that –a starting point. It gets a conversation going and results in hopefully a happy medium that is amenable to the buyer and seller. Not countering an offer is like having a one way conversation. It won’t work. How can you move to sold if you can’t have a dialogue of back and forth? It doesn’t mean that the buyers aren’t serious, they are simply being conservative in their first offer to get a feel for how the negotiation is going to go. It doesn’t mean that is the most they are willing to pay unless the offer was positioned that way. Failure to counter sends a discouraging signal to the buyer that can create an uncomfortable situation, perceived or real. Buyers want to do business with sellers who are eager to do business with them. You don’t have to give away the store to do so, but certainly responding with a number in good faith is a step in the right direction.

4. Property Condition Denial

Would you as a buyer pay top dollar for a home with original systems approaching the end of their life? In today’s real estate climate, buyers, lenders, appraisers and inspectors are more scrutinous than ever. It is not only the buyer, but the lender, appraiser and the buyer’s insurance company that could be making the call on a home’s condition. Before you sell, be realistic about the condition of your home. Unless the home is deeply discounted below market value, which realistically means it would be far too low pricewise that you would agree to accept, the buyer will care about it and if they don’t, their home inspector certainly will!

5. Selective Memory

Sellers often fear that if they disclose too much or provide too many details, that it could affect their ability to sell for top dollar; however, failure to disclose could open you up to liability after the sale. Leaving questions blank, or not being clear on the age of certain things only creates more red flags and concern for a potential buyer. If you answer the questions honestly and fully disclose any known issues or repairs that were made (with receipts to document and provide a history) it will eliminate buyer fear and doubt.

For more seller resources, or to find a real estate professional in your area, visit coldwellbanker.com.

Source: CB Blue Matter blog

Posted on November 6, 2017 at 8:36 am
Kappel Gateway Realty | Category: appraisal, buying, curb appeal, Homeowners, Multiple offers, open houses, real estate, Sellers Market, selling | Tagged , , , , , , , , , , , , , , ,

Find the Right Focal Point for Your Room

Not sure what element to make the attention getter in your room? Find some great choices here.

Houzz Contributor, Gabrielle Di Stefano

Well-designed rooms often have a focal point — the first thing your eye sees when you enter. Choosing the right item to emphasize sets the tone and mood for a space. Whether it’s an architectural feature, a texture, a color or a light fixture, putting the spotlight on one of these elements will help create a visually interesting and pleasing interior. But what’s the best way to do this? Here are some ways to create a focal point that doesn’t dominate or compete with other objects in a space.

 

Architectural feature. A central element, like this fireplace, can help you position your furniture in a room. Notice how the furniture in this space revolves around the fireplace. The stone surround also sets the color tone for the sofa, chairs and drapes.

Getting the size of the architectural element right in the room is vital. If it’s too big, it can look and feel uncomfortable. If it’s too small, your furniture will become the focal point, taking away from the main feature.

Read more about scale

 

Artwork. This painting is positioned perfectly — centered between the two doors, above the console — to create an instant focal point that allows the rest of the room to shine.

The size and tone of your art are important. Choose a painting with the appropriate scale for your space, in tones that stand out and draw the eye in but don’t clash with the rest of the room. One large, bold piece of art looks fantastic against a neutral wall and furniture. A series of prints can make an impact too, whether they’re framed identically or have an eclectic mix of frames.

 

View. When you have a view like this, use your home’s architecture to emphasize it and make it as big and grand as possible. This oversize window instantly makes the forest view the best focal point this room could have.

Choose simple furniture to complement a dream view like this. The minimalist bed and furniture allow the window to truly shine.

Revamp your space with a new bed

 

Texture. Add texture to create a focal point in a monochromatic color scheme, giving your room character and depth. Smooth, shiny objects will give off a cool vibe, while soft, raised textures add more warmth. This kitchen’s neutral, minimalist palette immediately draws the eye to the texture and color of the counter-to-ceiling backsplash. The tile finish glistens against the stainless steel appliances.

Find new tile that makes a statement

 

Pattern. Pattern can be a striking focal point. If a room is lacking in architectural features, use a more permanent, patterned finish — like tile or stone — as a bold statement.

The organic, flowing pattern and subtle color of the granite feature wall carries this powder room — no need for other decorative elements. Clever backlighting highlights the stone and emphasizes the floating vanity top.

Highlighting the ceiling with wallpaper adds interest and character to a room. Directing the eye upward also makes the room look bigger.

 

 

Color. Narrow hallways can feel dull, but painting the doors a gutsy color and adding texture with studs created multiple focal points in this one.

Pay attention to how you can use color on your home’s architectural elements to draw the eye to or away from certain parts of your home. Notice how emphasizing the skirting in this hallway with bright turquoise leads the eye from door to door.

One bold item, such as a colorful striped rug, instantly sets a playful mood. This look works particularly well in contemporary rooms with little or no architectural detailing.

Source: Coldwell Banker Blue Matter Blog

Posted on September 11, 2017 at 8:23 am
Kappel Gateway Realty | Category: appliances, Buyers, buying, curb appeal, Homeowners, interior decorating, kitchens, Location, maximizing space, outdoors, projects, real estate, selling, staging, views | Tagged , , , , , , , , , , , , , , , , , , ,

5 Ways to Boost Your Curb Appeal for the Fall Selling Season

 

Colorful fall leaves in the gutter on a roof

Sellers looking to get the best price know that curb appeal plays a huge role in making the sale, even in the fall when the leaves begin to fade. Here are five simple ways to make the most of what fall has to offer and boost your curb appeal.

Sellers looking to get the best price know that curb appeal plays a huge role in getting buyers through the door. Once the flowers fade and the temperature drops, however, it can be easy to overlook your outdoor space altogether. Here are five simple ways to make the most of what fall has to offer and give your home the edge it needs for a quick sale.

1. Improve Your Entry

With every potential buyer passing through your front door, your entryway is critical to a good first impression. Cleaning the door, sweeping the stoop, and ridding the area of dirt and cobwebs can be enough to improve the overall look of your home, but for maximum impact, lay a new doormat and replace or paint any rusted or corroded hardware, mailboxes, or light fixtures. If you’re feeling adventurous, painting your front door a different shade can be a great selling feature that can be done in an afternoon.

Traditional brick colonial dressed up for fall with colorful mums and harvest gourds

2. Let the Light Shine

While the outdoors is the natural habitat for all manner of insects, they don’t need to reside in your outdoor light fixtures. Dirty lights and windows will not only reduce your nighttime curb appeal but can also affect how much natural light makes it through to the inside of your home. A thorough cleaning of light fixtures and windows will boost the overall impression buyers have of your home and can affect their impression of the rest of the home. For added impact, place inexpensive solar lights along the border of any gardens or walkways to illuminate your yard at night.

3. Love Your Landscape

Given that landscaping can amount for up to 15 percent of a home’s value, keeping your yard in tip-top shape is more important in the fall than ever. Fall colors and cascading leaves may provide a romantic vision, but may leave a potential buyer focusing on how much raking they will have to do. When seasonal plants fade away, be sure to cut back the dead growth and ensure your yard is regularly raked. Even if your yard doesn’t require frequent mowing, be sure to edge walkways with a straight-edge for a clean-cut look, and add some quick color by placing pots of seasonal plants in gardens and on porches.

Raking fall leaves with rake

4. Whisk the Water Away

The fall tends to bring increased precipitation, which can be a deal-breaker for buyers if they feel water penetration will be a problem. To prevent pooling water, be sure the grading around the foundation slopes away from the house and use downspout extenders, if necessary, to move water out into the yard. Clean the gutters regularly, and take a good walk around your home after a heavy rain to identify any problem areas that may allow water into the house, like door and window caulking.

5. Don’t Overdo the Decor

Finally, while the bounty of fall can be used to enhance the beauty of your home, be wary of overdoing the decor. Too many Halloween decorations, for example, can easily detract from the beauty of your home. Try instead for colorful mums, gourds, and pumpkins in a variety of colors and sizes that can provide earthy variety without overdoing it.

Regardless of the weather, the fall is still a hot time to sell a home, and can be an incredible opportunity to make a lucrative sale. Keep in mind that most buyers will either view your home online or drive by before making a decision to visit, so a sharp curb appeal can help keep your home above the competition.

Source: Coldwell Banker Blue Matter Blog

Posted on September 1, 2017 at 2:26 pm
Kappel Gateway Realty | Category: backyard, Buyers, buying, cleaning, curb appeal, interior decorating, landscaping, projects, real estate, selling | Tagged , , , , , , , , , , , , , , ,

When is the Right Time to Sell?

Jessica Riffle Edwards with Coldwell Banker Sea Coast Advantage answers this age old question.

When is the right time to sell your home? Is it in the spring? Is it in the summer? Coldwell Banker Sea Coast Advantage agent Jessica Riffle Edwards sheds a little light on this age old question. Watch the video below for her expert take on the subject.

As always, you can visit coldwellbanker.com to find a dynamic agent to guide you through the process and address any questions you ever have.

Source: Coldwell Banker Blue Matter Blog

Posted on August 30, 2017 at 9:10 am
Kappel Gateway Realty | Category: appraisal, bid, Bidding, Bidding War, Buyer's Market, Buyers, buying, closing costs, first time buyers, Homeowners, moving, open houses, real estate, selling | Tagged , , , , , , , , , , , , , , , ,

9 Must-Haves for Low-Maintenance Kitchen Cabinets

 

Save valuable elbow grease and time with these ideas for easy-to-maintain cabinets.

The heart of the home may also be the toughest room to keep clean. Every surface in your kitchen is susceptible to crumbs, dirt, stains and splatters. This is especially true of cabinets. Fortunately, there are practical ways to keep your cabinet maintenance on the lighter side. With ideas like choosing fewer decorative details and picking the right color, these nine tips will make your cabinets easier to maintain.

1. Choose a door style with minimal detail. Raised-panel door styles have nooks and crannies that are magnets for dust and dirt. Shaker-style and slab door fronts don’t, so you won’t have to spend time scrubbing every recess of your door fronts.

If you’re designing a traditional kitchen and want a more decorative door style, select a stain or paint that has a glaze. The glaze will fill the doors’ cracks and corners and better hide the dust and dirt that your cabinet doors will collect.

2. Opt for flush cabinet ends. You normally have two options for finishing the ends of your cabinets: flush ends or matching ends. Flush ends (above) are plywood ends that match the color of your cabinets. They are smooth and sleek, which means you can run a cloth over it with a few swipes. They can certainly speed up cleaning.

Matching ends feature a panel with the same style as the door fronts, and while they can bring elegance and character to your kitchen, you face the same maintenance issues with matching ends as you do with raised-panel doors. There’s simply more to scrub.

3. Cut the trimmings. Designer details like crown molding, corbels, decorative legs and light rail molding add more to love but also more to clean, especially ornate styles.

There are other designer touches you can use that require less maintenance. Try a colorful cabinet paint, eccentric lighting or colored bar stools, like in this modern kitchen.

4. Pick a stain instead of a paint. Stains and paints have pros and cons. They can both show crumbs and fingerprints, and paint definitely shows food stains and splatters.

That said, a stain is easier to touch up than paint. You can give a scratched cabinet stain a quick spruce-up with a matching permanent marker. It’s often harder with paint for two reasons. First, it’s hard to find a marker that closely matches a specific paint. Often a touch-up kit from the cabinet manufacturer is needed. Second, paint doesn’t take touch-ups the same way that stains do. You’re more likely to notice a touch-up on paint.

5. Go for a grain with a dark stain. If you’re set on a dark cabinet stain, select a wood species that features the grain, such as oak or hickory. Grains don’t show scratches, stains and crumbs as much as a clean wood species like maple does. It’s also harder to tell that a cabinet stain has been touched up when the surface has grains.

6. Invest in hardware. If you want fewer fingerprints and less wear and tear on your door fronts, purchase door pulls and knobs for all of your cabinets. They help preserve the integrity of your cabinets’ surfaces.

Steer clear of stainless steel and chrome hardware. They show fingerprints and water spots and are harder to clean. Oil-rubbed bronze, satin bronze, polished nickel, brushed nickel and white hardware are the cream of the crop as far as easy maintenance goes. Choose the look that best suits the style of your kitchen.

7. Avoid glass door fronts. They may be windows to your kitchen’s soul, but they’re also extra surfaces to clean. They manage to attract their fair share of dust, dirt and smudges. Dirt can build up easily on glass door fronts that feature mullions. You also have to keep whatever is behind those glass doors tidy.

One benefit to glass door fronts is how inviting they can make your kitchen space feel. Luckily, there’s more than one way to design a warm and welcoming kitchen. If you want a low-maintenance alternative to glass door fronts, stick with lighter cabinet stains like golden browns. They can make your guests feel just as cozy as glass door fronts do.

8. Reduce open shelving. Open shelving is a great canvas for displaying your favorite decor and cookware, whether it’s on a wall, on an island or at the end of cabinets. But it takes more time and effort to ensure that these spaces are dusted and organized. The upkeep can become overwhelming along with your daily tasks.

To shorten your to-do list, place your decor on necessary surfaces like dining tables and countertops instead of unnecessary cabinet shelves. You can also use pillows, chairs, bar stools and lighting as decorative touches.

9. Protect your sink cabinet from moisture. This is more of a preventative measure — it will help you avoid issues down the road. There are a couple of ways to help protect your sink cabinet from moisture. You can order the cabinet with an all-plywood construction (most semicustom and prefabricated cabinets are constructed of a mixture of pressed wood and plywood). An all-plywood construction makes the cabinet less penetrable. You can also purchase a cabinet mat, which looks like a tray and is placed at the base of the sink cabinet. It will serve as a moisture barrier and catch any liquid leaks or spills.

More Kitchen Confidential: 10 Ways to Promote Aging in Place | 7 Ways to Mix and Match Cabinet Colors | 11 Islands With Furniture Style | The Case for Corbels | All Good in the Hood

Related Reads:
Choose Shaker Cabinets for Style and Simplicity
Easy-to-Clean Corbels for the Kitchen
Decorate With Eye-Catching Kitchen Lighting

 

Source: Coldwell Banker Blue Matter Blog

Posted on August 28, 2017 at 8:59 am
Kappel Gateway Realty | Category: appliances, Buyer's Market, Buyers, buying, cabinets, color, cooking, Fixer Uppers, Homeowners, kitchens, real estate, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , ,

Considering a Career in Real Estate?

What does it take to have a successful career in real estate? A Coldwell Banker young rising star shares his story.

Have you ever thought about a career in real estate, but aren’t sure you have what it takes? We caught up with Joe Piccininni, an agent with Coldwell Banker Beau Hulse Realty in the Hamptons and recipient of the Coldwell Banker 30 Under 30 award, to find out why he chose to become a real estate professional and how he has found success after just three years in the business.

What does Joe say it takes to be a good real estate agent? Dedication, authenticity and being a good listener. “People trust you when you’re being yourself…and this business is all about trust,” he says.

Hear how Joe got his start and the one thing he would tell anyone considering a career in real estate in the segment below, which first aired on NBC Open House.

Considering a career in real estate? Learn more at coldwellbanker.com/careers.

Source: Coldwell Banker Blue Matter

Posted on August 21, 2017 at 11:14 am
Kappel Gateway Realty | Category: Buyer's Market, Buyers, buying, community, first time buyers, Homeowners, open houses, real estate, selling, travel | Tagged , , , , , , , , , , , , , ,

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