5 Signs Of A Dog-Friendly Neighborhood

Where would be without our PUPPIES!!  They are family members too. Looking for a dog friendly neighborhood?  Here’s how:

Look for these puppy-friendly factors before making your move.

With more than 36% of U.S. households including a dog (according to a 2012 survey from the American Veterinary Medical Foundation), it’s no surprise that finding a pet-friendly neighborhood is an important consideration for many homebuyers. But how can you tell which neighborhoods are truly welcoming to your four-legged friends? Here’s what to look for on the house hunt.

 

  • 1. You see a lot of dogs out and about

    An obvious sign of a pet-friendly neighborhood is one that has lots of dogs exploring with their humans. You want to make sure that people, neighbors, landlords, and business owners are going to welcome your pet, and the best indicator of that is if there are lots of other dogs around, says Janine Acquafredda, co-founder of Realtors 4 Rescues, a nonprofit that helps keep animals out of shelters. And where there are lots of dogs, there are lots of dog owners that care about animals, so your dog will be in a safer and happier environment. There’s more to this pet activity than just scoping out the canine social scene, though. A neighborhood with lots of dog activity is also much more likely to have dog-loving neighbors  and those nearby dog-lovers are much more likely to help you find your pup if he ever gets loose or runs away.

  • 2. There’s a nearby dog park and the dogs playing in it look happy and relaxed

    Not all dog parks are created equal, and you want to be sure the one near your future home will be a pleasant experience for your pooch. Read: the big dogs aren’t picking on the little guys. (For a quick scan of nearby green spaces your dog might enjoy, check out Trulia Maps and the Places to Play layer.) Visit on a weekend morning, when the park is likely to be crowded, says Amy Robinson, a dog trainer and dog expert in Vero Beach, FL. Observe the owners too. Are they watching their charges or chatting and drinking coffee while their dog is a hundred yards away? How clean is the place? Are people picking up after their dogs? All of these answers will give you an idea of what type of dog and owner frequent the park, she says. Bonus: Hanging at the dog park can help you make friends in your new neighborhood.

  • 3. You can easily find an animal shelter, veterinarian, and pet supply store

    The existence of all three essentials shows that the community cares about the well being of animals, says Ashley Jacobs, CEO of Sitting For A Cause, a site that matches pet owners with local petsitters. When you have a community who cares about animals, keeping them healthy and controlling the pet population, that’s always a telltale sign that your dog will be welcome and loved, she says.

  • 4. There are plenty of sidewalks and places to walk

    We bought our house because of the size of the lot .98 acres  for the dogs, says Peter Taylor, a photographer who has three dogs and lives in Mountainbrook, a neighborhood in Charlotte, NC. And the roads are wide, with very little through traffic, great for walking. After all, you’ll walk your dog often, so you’ll want a neighborhood that makes this accessible. In addition to sidewalks, are there trails or beaches to explore? Bonus points if the neighborhood provides waste bags or dog-accessible water bowls, which are a sure sign an area welcomes pooches, says Jacobs.

  • 5. Places for people also welcome pets

    If a neighborhood looks promising, call or stop by some of the local restaurants, stores, or coffeehouses and ask about their policy on pets. Look for dogs lounging on local restaurant patios while their human family members enjoy lunch or dinner nearby. Spotting dog treats on the counter at the neighborhood bakery or brewery is a good sign. These little extras will enhance the quality of life for you and your pet and make your new neighborhood feel like home.

Source: Trulia Blog

 

 

 

 

Posted on May 23, 2017 at 12:43 pm
Kappel Gateway Realty | Category: backyard, Dogs, neighborhood, neighbors, real estate, Uncategorized | Tagged , , , , , , , , , , ,

I Can’t Get a Traditional Mortgage… What Are My Alternatives?

 

Quandry: You are faced with circumstances that may prevent you from obtaining a traditional mortgage. Don’t panic…you have alternatives!

You want to buy a house, but your credit history isn’t in tip top shape, or you cannot show a consistent cash flow even though you have a lot of money saved in the bank making you an undesirable candidate to borrow in the eyes of the lenders.

What are your options? When it comes to real estate, here are some of the most common alternatives to a traditional mortgage for you to take into consideration:

Borrow from a Self-Directed Individual Retirement Account (IRA). Self-Directed IRAs are different from Roth IRAs and traditional IRAs. A Self-Directed IRA gives you the freedom to invest in many nontraditional assets, such as mortgages, real estate, promissory notes, tax liens, precious metals, private businesses, etc. With a Self-Directed IRA you get asset protection and tax advantages as they are government-sponsored retirement plans. Due to the self dealing rule, the IRS does not allow you to borrow against your own self-directed IRA, or those of your lineal relatives and business partners. This means that you would need to know someone who has a Self-Directed IRA to borrow from, or a third party financial company that facilitates those types of transactions. For more information on how to get private lending with a Self-directed IRA, read more on Self-directed IRA Lending.

Borrow from your Whole Life Insurance policy. Whole Life Insurance is a basic cash-value life insurance. When you pay the regular premium on a Whole Life Insurance policy, you are essentially accumulating wealth through the equity growth that you are contributing which goes into a savings account. If there are dividends or interest in this account, it is tax-deferred. Don’t mistake Whole Life Insurance for Term Life insurance. Whole Life Insurance protects you for your entire life, and allows you to borrow against the cash-value of your policy. A pro tip to borrowing against your Whole Life Insurance is that it increases your borrowing potential however, should you not pay back the loan the face value of your policy reduces. If this is the strategy you choose to implement to buy your dream home, be sure to thoroughly research this option. Ask yourself and your insurance company the following:

1. What would the Pros and Cons be to borrowing against Whole Life Insurance?
2. How long will it take to repay the loan and what would be the interest rate?
3. What would happen if you pass away before the loan is payed off?
4. What are the consequences to dependents who are beneficiaries?
5. How does it affect the annual dividends?
6. Are withdrawals of the Whole Life Insurance taxable or deferred?
7. In what scenarios would the Whole Life Insurance policy lapse if you barrow from it?

There are many things to consider when borrowing against your Whole Life Insurance policy, so be sure that your decision to buy your home outweighs some of the drawbacks of borrowing against your life insurance.

See if you can get Seller Financing. Seller Financing is a great way to skip the whole mortgage approval process. However, it is quite difficult to get for the following reasons:
(1) The seller does not own the house outright, and for the seller to give you a financing option, the seller must have paid off his/her mortgage in full.
(2) Most sellers do not want the hassle and additional risks of being a lender even though they could profit more by being the financier. With that being said, sellers don’t necessarily have to be a lender. The seller can arrange to resell the promissory note to an investor.

Buy a rent-to-own home. Rent-to-own, lease-to-own, or lease-to-buy are all the same. Often times, homeowners who want to sell off their homes but can not, those home owners may list their homes as a rent-to-own. If you and the seller sign a lease contract and you pay the Option Consideration section of the lease contract, the seller is agreeing to rent his/her home to you for a specific amount of time. Once that time ends and you have been paying the rent on the lease agreement in a timely manner and building equity towards the purchase of the home; you will have the option of going through with the purchase or not. For more details about renting-to-own a home, read Pros and Cons of Renting to Own a Home.

Source:  Dream Casa

 

 

 

Posted on May 23, 2017 at 12:33 pm
Kappel Gateway Realty | Category: buying, credit score, debt, financing, first time buyers, real estate, Uncategorized | Tagged , , , , , , , ,

How To Open Your Pool

With the hot days of the season upon us, its time to dive in!  First things first…here is a helpful how to list on opening your pool.

Spring is in full bloom and this can mean a lot of things for many different people. For example, if you own a pool you’re surely thinking (probably dreading) about opening it for the season. There is nothing like watching all your loved ones enjoying its crisp coolness but they don’t know how much work goes into getting it ready. I am here to bring optimism to the equation and tell you that opening your pool doesn’t have to be as horrible as you anticipate.

I came across this great article from Popular Mechanics that will definitely help guide you in your efforts. I’ve highlighted a couple of steps below.

1) Don’t Empty Your Pool

According to the article, you should never have to completely empty your pool of the water that had been sitting from the past season. Exceptions to this include if you neglected to cover it or if you need to do any actual construction work to it. Why you ask? Apparently, if you remove all of the water you could run the risk of your pool lifting since it doesn’t have the weight of the water to hold it down. What that ultimately might result in is you needed to replace the whole thing.

2) Cleaning Your Pool and Water

The most basic way to start cleaning your pool and its water is by buying a chemical opening kit, or by shocking it. Then, change all the filtration systems and clear all of the baskets. You should also take this time to remove any plugs you may have put in place last year. During this step you should still have your pool cover on.

3) Refilling Your Pool

If your pool is running low on water, feel free to top it off at this time. However, this should only be done after you have replaced your filters. Once your pool is filled to the desired amount, you can take a sample to your local pool store where they will test it for you. Some places do it for free, but if not, don’t skip this step because it is super important to make sure your water is swim ready otherwise it could be dangerous.

4) Get Ready for Fun in the Sun

Your pool’s filter should be cleaned daily until the water appears clear. A ready pool means that you can see the bottom without any issues. You may need to continuously add chlorine to help you reach the perfect balance.

5) Dive In

Once the water is completely clear and all of the water levels are good you can take off the cover. Taking it off any sooner may prove counterproductive as debris may disrupt your process. Once you’ve gotten to this point, invite the neighborhood (well maybe not the whole neighborhood) and enjoy your summer!

Its that time again!  Hot summer days are upon us and its time to dive in! First things first though…time to open that pool up!

The sun is shining and the swimming pool season is about to kick off. Here is a guide to help you open your pool for the season.

Spring is in full bloom and this can mean a lot of things for many different people. For example, if you own a pool you’re surely thinking (probably dreading) about opening it for the season. There is nothing like watching all your loved ones enjoying its crisp coolness but they don’t know how much work goes into getting it ready. I am here to bring optimism to the equation and tell you that opening your pool doesn’t have to be as horrible as you anticipate. I came across this great article from Popular Mechanics that will definitely help guide you in your efforts. I’ve highlighted a couple of steps below. 

1) Don’t Empty Your Pool

According to the article, you should never have to completely empty your pool of the water that had been sitting from the past season. Exceptions to this include if you neglected to cover it or if you need to do any actual construction work to it. Why you ask? Apparently, if you remove all of the water you could run the risk of your pool lifting since it doesn’t have the weight of the water to hold it down. What that ultimately might result in is you needed to replace the whole thing.

2) Cleaning Your Pool and Water

The most basic way to start cleaning your pool and its water is by buying a chemical opening kit, or by shocking it. Then, change all the filtration systems and clear all of the baskets. You should also take this time to remove any plugs you may have put in place last year. During this step you should still have your pool cover on.

3) Refilling Your Pool 

If your pool is running low on water, feel free to top it off at this time. However, this should only be done after you have replaced your filters. Once your pool is filled to the desired amount, you can take a sample to your local pool store where they will test it for you. Some places do it for free, but if not, don’t skip this step because it is super important to make sure your water is swim ready otherwise it could be dangerous.

4) Get Ready for Fun in the Sun

Your pool’s filter should be cleaned daily until the water appears clear. A ready pool means that you can see the bottom without any issues. You may need to continuously add chlorine to help you reach the perfect balance.

5) Dive In

Once the water is completely clear and all of the water levels are good you can take off the cover. Taking it off any sooner may prove counterproductive as debris may disrupt your process. Once you’ve gotten to this point, invite the neighborhood (well maybe not the whole neighborhood) and enjoy your summer!

 

 

 

Posted on May 23, 2017 at 12:10 pm
Kappel Gateway Realty | Category: backyard, Pools, real estate, Spring, summer | Tagged , , , , , , ,

9 Questions To Ask When Searching For A Family Home

These are serious questions you need to ask when purchasing a home, especially if you are a first time homebuyer!

Here’s how to find a house your growing family will love for years to come.

Unless you’re planning on doing your own version of Fixer Upper, the general home-buying rule of thumb is to look for a place you’ll be able to live in for five years or more. So if you have kids (or are about to), you’ll need to look not just at the number of bedrooms and bathrooms, but also consider how a house will work for a crawling baby, curious toddler, rambunctious preschooler and beyond not to mention multiple children, if that’s your plan. Talk to your Coldwell Banker Real Estate professional about your needs and ask these nine questions to help you narrow in on the perfect home for your growing family.

1. Are the neighbors close in age? One of the greatest benefits of buying a home is getting to know your neighbors and having a true sense of community. But while neighbors of any age may be lovely people, having other young families on the block will go a long way toward creating a kid-friendly environment. (Think: company at the future bus stop, community activities like organized trick-or-treating and safety features like a slower speed limit.)

2. Is there ample outdoor space? It’s easy to overlook the yard if you’re childless or baby is still in diapers, but having an outdoor area that’s safe for supervised play is a major win. It’s important to consider the flip side, though at the time and cost of maintaining and make sure you’re up for the task. If not, look for a home with less outdoor space, like a condominium or townhouse, that’s within walking distance of a playground or park. (Not sure what the difference is between a condo and townhouse? Coldwell Banker Real Estate explains that here.) A house with a smaller yard on a quiet street or cul-de-sac could also be a good choice, since you might be able to use the street as an extension of your front yard.

3. How are the schools? Your first instinct may be to look into the quality of the public school district and you definitely should! but if your kids are preschool age or younger, don’t forget to research nanny and day care options in the area. Once you’ve checked those boxes, find out about school transportation (not all homes qualify for bus service), including where the bus stop is, or what the walking path and/or driving route will be.

4. Is it equipped with Smart Home technology? It wasn’t long ago that having network-connected products to control entertainment, security, temperature, lighting and safety seemed out of reach, except for in the most high-end houses. But these  smart home features have quickly gone mainstream as they’ve become more affordable and easy to set up in existing houses. They’re particularly great for families with young children having the ability to control night-lights, lighting and window treatments from your phone can help make naptime easier, for example. Consider which features are most important to you, and search for Coldwell Banker Real Estate listings that are classified as smart homes.

5. Is the kitchen large enough to accommodate the entire family? It’s often said the kitchen is the heart of the home, and for good reason. After all, you’ll be spending countless hours there over the years, whether you’re cooking and baking together, grabbing quick bowls of cereal in the morning, or working on school projects. A kitchen with an eat-in dining area, an island/peninsula for bar stools, or even a desk area for homework time will give you plenty of room to do all of the above (sometimes simultaneously).

6. Is there a separate room for playtime? Yes, an open floor plan makes it easier to keep an eye on kids while you’re in the kitchen, but a designated playroom off the living room or a finished basement can be a sanity-saver. You’ll still probably end up stepping on Legos, but having a dedicated room to store all those toys can help you keep the mess under control (or at least hide it).

7. Is there a convenient entrance with storage? Kids of every age come with a whole lot of gear from strollers and diaper bags during the baby stage to sports equipment when they get a little older. That’s why a mudroom or a large laundry room is ideal bonus points if it has its own outside entrance so older kids can drop off their stuff on the way in. If not, a foyer with storage space is a good alternative.

8. How’s the commute to work? Even the most perfect house isn’t perfect if you spend so much time getting to and from work you can’t help your kids get ready for school or see them before bedtime. Do a test run from any potential house to your workplace during rush hour, whether you plan to drive, bike, or take public transportation.

9. Are there shops nearby? No matter how good you are at stocking your pantry and medicine cabinet, it’s inevitable that at some point, you’ll run out of diapers at the worst possible time or need to pick up medicine if baby spikes a fever. Having a grocery store or pharmacy a short drive or walk away will save you time and stress especially if it’s open late.

Source: CB Blue Matter / The Bump

Posted on May 23, 2017 at 12:00 pm
Kappel Gateway Realty | Category: babies, backyard, buying, commute, first time buyers, kitchens, neighbors, parent, real estate, schools, shopping, Smart Homes | Tagged , , , , , , , , , , , , , ,

10 Ways to Save on Utility Bills This Summer

 

Oh Summer Sweet Summer!  Along with the break from cold weather comes increased utility bills in the form of air conditioning and fans, especially. Here are some handy tips to keep those costs down!

Now that the weather is beginning to warm up, it’s time to start thinking about ways to save on utility bills and energy costs before you’re shocked by your first big bill this summer. Luckily, there are many steps you can take to prepare your home (and your wallet) for the summer heat without sacrificing comfort. So, before you crank up the AC, take a look at our top ways to save on utility bills this summer. Your budget will thank you!

1. Get Your HVAC System Ready
Is there anything worse than a broken HVAC system in the summer? The good news is you can avoid this nightmare by taking precautions and getting your HVAC ready for summer. First, you’ll want to clean or change the air filters, as dirty or clogged filters force your air conditioning system to work much harder, which in turn causes more wear and tear in the long run. You’ll also want to inspect your outdoor unit for any visible signs of damage such as warped panels, torn insulation or rust. In the colder months, small animals may nest inside the insulation so you’ll want to inspect the inside, as well. Taking these steps to ensure your AC unit is working efficiently will help keep your energy bills low this summer.

2. Clean Air Filters and Vents
Many homeowners make the mistake of closing off vents in rooms that are not being used, but closing vents causes more pressure in the ducts causing your air conditioner to work much harder. Before you turn the AC on this summer, open all the vents and give them a nice cleaning.

3. Keep Blinds Closed
Did you know that keeping your blinds closed during the day can drastically reduce the heat in your home? Keeping them open causes a greenhouse like effect sunlight and heat pour in all day and can’t get out, making your home much warmer and causing your air conditioning to work overtime, which, in turn, will spike up your power bill.

4. Lower Your Utility Rates
Do you live in a deregulated energy region? If so, you have the power to choose your energy provider and can shop around for the lowest energy rates. If you haven’t researched your options in a while, summer is the perfect time to reevaluate your current energy provider and find out if there is a cheaper rate out there. Many deregulated energy providers offer special promotions in the summer, like “free nights,” so you should definitely check out what else is out there. To see if you live in a deregulated area, just enter your address here.

5. Time Your Thermostat
If you want to be cost-conscious this summer, you shouldn’t blast your air conditioning at all hours of the day. A lower temperature setting at night and a higher setting during the day is recommended for optimal cost savings. If you’re forgetful or aren’t always around to change it, we recommend installing a programmable thermostat that allows you to schedule your temperature changes even when you aren’t home.

6. Switch to LED Bulbs
While incandescent light bulbs are cheap, they use more energy and produce quite a bit of heat compared to LED bulbs. LED bulbs tend to be a little more expensive than incandescent lights, but they last longer, produce less heat and create great energy savings in the long run. So, consider making the switch the LED lights, at least in the rooms you use most, to help lower your utility bills this summer.

7. Buy a Water Cistern
If you don’t know, a water cistern is a device that captures rain water and stores it for you to use to water your garden or lawn, to wash your car, etc. Your water bill can get out of hand in the summer as you spend more time outdoors, so a water cistern is a great investment if you want to keep your garden and lawn green all summer long without paying for extra water use.

8. Use Your Ceiling Fan
In the warmer months, you should run your ceiling fans counter-clockwise. Since heat rises, the counter-clockwise motion will help pull the cold air up toward the ceiling. Running your ceiling fan efficiently will help cool your rooms, allowing you to set your thermostat to a higher temperature, ultimately reducing your power bill.

9. Invest in Smart Power Strips
Connecting multiple appliances to a smart power strip that can be turned off with only one flip of a switch at night when the devices aren’t being used is a quick and easy way to help reduce energy waste. When you don’t have to unplug all your devices individually, saving energy suddenly becomes much easier!

10. Don’t Use an Irrigation Schedule
Irrigation schedules, or timers that you can set to schedule when your garden or lawn will be watered, sound nice in theory, but they actually produce quite a bit of water waste. You can’t control when it rains, and you may not be home to stop your irrigation system from going off when it does. Watering manually may seem like a chore, but when you think about all the money you can save from reducing water waste, manual watering becomes more appealing.

Don’t let the first utility bills of summer sneak up on you. Be proactive and implement our tips. We promise they’ll help you save big on your utility bills this summer!

Source: RisMedia

 

 

Posted on May 23, 2017 at 11:13 am
Kappel Gateway Realty | Category: Bills, Spring, summer, Utilities | Tagged , , , , , , , , ,

How Can You Change Your Credit Score in 30 Days?

The heat is on! You want to improve your credit and you want to get it done NOW!

If raising your credit seems impossible, take a step back from the big hairy goal and tackle the beast one step at a time.

There’s no “instant” button, but there are things you can do now that will help increase your score.

The unfortunate truth about raising your credit score: There is no quick fix.

Hitting the reset button sounds tempting — especially when faced with a less than stellar credit score; but starting over with a blank slate will only set you back further.

Now that a forewarning is out of the way, on to the good stuff: Actionable tips to raise your credit score swiftly and without financial risk. You can expect most of these tips to affect your credit score in about 30 to 60 days, the typical time that’s considered speedy.

How to increase your credit score

    1. Request a copy of your credit report and look for errors

In 2013, the Federal Trade Commission found that one in five consumers carried an error on their credit report. If you find an error, dispute it. Removing negative marks made in error will help you return to your correct score.

    1. Write a negotiation letter to your credit bureau

If a negotiation letter doesn’t work, contact the company reporting a late payment to ask if it will campaign for the removal. If a payment was incorrectly reported (see No. 1), or if you simply forgot a bill when you’re usually 100% on the ball, you may be able to get the late payment removed.

  1. Stop using your credit cards You can lower your credit utilization rate in two conventional ways: Lower your spending and increase your credit. Your credit score is largely determined by the amount of debt (credit card and loan balances) compared with your credit limits. Spending around one-third of your credit limit is the recommended credit line, but crossing that debt-to-credit threshold won’t help your score. Alternatively, you can request an increase in your credit or open a new card as a way of increasing your credit-to-spending ratio, but this is a risky move if your spending doesn’t slow down. Be wary of raising limits if it wouldn’t be financially feasible to pay back any and all spending.
  2. Don’t apply for multiple forms of credit in a short time Each time you request a new form of credit, including car and home loans, etc, you’ll likely face a credit inquiry. Too many inquiries within a short time and the credit bureaus may ding your credit. Keep this in mind as you request credit increases or open up new accounts. Both actions may result in one too many credit pulls and consequently, a decrease in your credit score.
  3. Settle late payments — then automate your payment schedule Timely bill pay is gut-wrenching when you’re financially strapped, but proactively settling bills will make future payments easier. Credit bureaus count a late payment starting from the first day of your last late payment, so the sooner you can square the bill, the better. This is particularly true if you can pay off past-due debts before they reach the 30-day, 60-day, or 90-day thresholds. It’s scary to confront the financial challenge, but it’s doable. Once you’ve settled any late payments, make future payments even simpler by automating. Automation avoids accidental missed payments and takes the mental clutter of scheduling multiple payments off your mind.
  4. Building credit builds long-lasting habits Approaching the daunting task of increasing your credit score with the long-term-training mindset helps you build long-lasting habits that strengthen your financial foundation.

Source:  Trulia Blog

Posted on May 16, 2017 at 4:10 pm
Kappel Gateway Realty | Category: credit cards, credit score, debt, financing, first time buyers, mortgage, real estate, Uncategorized | Tagged , , , , , , , , , ,

Relocating? Here’s How to Feel at Home Faster

Moving is always stressful. You just want to settle in already!  Take a breather and checkout these tips!

Moving to a new city, whether it’s 30 or 3,000 miles away from your last one, can be stressful to say the least—perhaps even more so after you’ve dealt with the last of the packing boxes, because now it’s time to get to know your new community and begin to feel comfortable within it.

Relocation professionals offer practical tips to help you feel more at home faster:

Get connected. If they haven’t already done so, don’t wait for the neighbors to ring your doorbell. Knock on the doors of the neighbors to your left and your right to introduce yourself. Even if they don’t become friends, they can be a good source of city information, as well as referrals for reliable window washers, babysitters, medical professionals and other service providers.

Walk or drive around town. Walking your neighborhood is the best way to pinpoint local stores, schools, libraries and more—and driving will widen your familiarity with the city and acquaint you with alternative driving routes.

Don’t hesitate to say you are new in town. Wherever you happen to be, from the dry cleaners to the kids’ new gymnastics school, let people know you are new in town. You may be surprised to find how much good information they will want to share with you about their favorites in the place they call home.

Use social media. Get online to browse upcoming local events, as well as trending restaurants, museums and other local attractions.

Find clubs, schools or shops of interest. Look online for appealing local activities for everyone in the family: Toastmasters, quilting shops, book clubs, photography classes or sports leagues. They can be your best source for meeting new people who share your interests.

Say yes to invitations. Agree to join colleagues for a drink after work or a neighbor’s invitation to a fundraiser. The more people you meet as a newcomer, the more likely you will be to develop friendships.

Update your registrations. Finally, don’t forget to register your car with the DMV, apply for any necessary licenses, and re-register to vote. Identifying with your new location will help make you feel more connected.

Posted on May 16, 2017 at 3:19 pm
Kappel Gateway Realty | Category: buying, emptynester, moving, real estate, Uncategorized | Tagged , , , , , , ,

3 Things You Shouldn’t Say To A Seller’s Agent

 

So you are thinking about checking out some open houses this weekend? Here are 3 very good tips to arm yourself with as you are going out the door!

When it comes to talking to the seller’s agent at an open house, a little mystery goes a long way.

More isn’t always better — especially when it comes to talking to a seller’s real estate agent. Your buyer’s agent is a guide and advocate in your real estate journey and should know everything about your needs, your desires, and how much house you can afford. But the seller’s agent is an entirely different story, and what you share with them should be minimal.

If you’re buying a home, your agent is almost always your voice to the seller. Speaking alone with the seller’s agent doesn’t happen very often, and it’s easy to forget who you’re speaking with — but there you are at the open house, eating a slice of quiche, and the seller’s agent, noticing that familiar glow in your eye, comes over and starts to chat you up.

Here are 3 things you shouldn’t talk about with a seller’s agent

  1. How much you like (or dislike) the house.Basically, play it cool. You want the seller to know you could feel at home here and that you would be serious about any offer you might make, but she doesn’t need to know that this house is exactly what you’ve been looking for and that you’ll do whatever it takes to get it.

    You also shouldn’t be too critical. If you do end up making an offer, you don’t want to reveal anything that could make you seem like a less-than-viable buyer. Especially in a competitive environment, you want the seller to think you’re as solid as they come.

    The seller has the power in hot real estate markets, and he or she may choose to go with an offer that’s more likely to close than one that’s potentially shaky, even if it’s a few thousand dollars higher.

  2. How much you can and will spend.

    You also don’t want to talk about your financial situation. If he or she knows how high you’re either willing or able to go, then your offer could be at a disadvantage. Your first goal is to have your offer accepted. Your second goal is to have it accepted at the best price.

    Neither of these goals are served when the sellers think they know how high or low you’ll be able to go on the final sales price. It makes no difference whether your offer relates to finances or personal choice or your last tarot reading. As with romance, a little mystery goes a long way. The seller should get a fair price for what she’s offering, and if you think it’s the right house for you, the fair price has little to do with the most money a bank will give you.

  3. Be smart and let your agent do the talking.

    In the end, your best bet is to eat your quiche,
    ask questions at the open house, and let the seller’s agent talk about the house. Anything else worth revealing will be done later when your agent does her job by getting you the house at the right price.

Source: Trulia Blog

Posted on May 7, 2017 at 4:24 pm
Kappel Gateway Realty | Category: buying, first time buyers, open houses, real estate, Uncategorized | Tagged , , , , , , , , , ,

4 Big Reasons to Become a Homeowner This Year

And the results are in!  This is the year you’ve been waiting for…read on grasshopper!

Still on the fence about becoming a homeowner? While owning a home comes with many responsibilities, its financial and personal benefits can prove it to be one of the best investments you’ll ever make.

1.Tax Breaks

One of the greatest perks of becoming a home owner is being able to save a little bit on taxes. In the U.S. most homeowners are allowed to deduct money off the interest they pay on their mortgage every month.  Not only is your home interest partially deductible, you can oftentimes get money back on extra cash you’ve spent on refinancing, a home equity loan or line of credit.  Each homeowner’s financial situation is different, but be sure to inquire about the great financial perks available to you when you invest in a home.

2.Plant Your Roots

Before becoming a homeowner, you probably jumped from rental to rental every few years (or maybe even more). How do you know if you’re ready to take the leap from renting to buying? While it can be nice to have a change of scenery every once in a while, the money you spend on moving, security deposits and other fees can really take a toll on your savings.  One of the great benefits of owning a home is having the opportunity to plant yourself in one, secure place and really make a life for yourself there.  Being that you’ll live in the same residence for a long period of time, you’ll likely build lasting relationships with neighbors and play an active role in your community.  And if you choose to raise a family in this home, your surroundings become a part of your family history, allowing you to make lasting memories.

3. Be Your Own Boss

While renting may come with fewer responsibilities than owning a home, you’re often confined to the rules of the property’s owners.  When you own a home, you’re free to paint the walls any color, plant whatever you’d like in your garden and even adopt furry friends you never were allowed to before.  Your home should be a place you can express yourself freely and live comfortably in.

4.Build Equity

Along with getting a sizable tax break, having the opportunity to build equity is another great financial benefit to owning a home. As you pay off your loan over time, you build more and more equity. Equity equates to whatever amount you have paid off on your home and no longer owe.  If you decide to sell your home down the line, having equity plus any increase in the current market value of your property can put you in a really great position financially.  When you rent a home, you aren’t building any equity at all and have nothing you can walk away with.

Source: Dreamcasa.org

Posted on May 7, 2017 at 3:55 pm
Kappel Gateway Realty | Category: buying, first time buyers, Homeowners, mortgage, real estate, Uncategorized | Tagged , , , , , , ,

8 Home Issues That Could Cause A Home Sale To Fall Through

You’ve put your home on the market and have a nice offer to put into contract. Check out these ways to avoid the pitfalls of your own escrow from falling through!  Sage advice!

Do you know what issues most often turn off buyers or kill a sale? Here are some of the big ones.

From a leaky or aging roof to a positive radon test in the basement, there’s probably a lot on your home sale to-do list. And while, yes, you want your house to look its best for prospective buyers, there are some less-than-obvious issues you should probably address before you list your home for sale. Whether you’re selling a home in San Angelo, TX or planning to list your here’s the lowdown on some common issues that can cause a home sale to fall through.

8 Home Issues To Be Aware Of Before Listing Your Home

  1. Leaking or Old Roof. Roof issues are responsible for 39% of homeowner insurance claims, according to the National Roof Certification and Inspection Association. The typical lifespan of a roof is 20 to 25 years for shingles, and if your for-sale home’s roof is approaching the end of its lifespan, replacing it could get you to the closing table faster.
  2. Damaged Gutters.  Routine gutter maintenance could prevent thousands of dollars in damage to the foundation of a home Recognizing the importance of this chore may require a big storm to pass through, but you’ll be glad you did when your home’s siding, windows, doors and foundation avoid water damage.
  3. Creaky Doors and windows. Expect buyers to open and close doors and windows. A jammed window or creaky door is a quick fix for you but could be a red flag to buyers who want a well-kept home. Replacing windows can bring a 50% to 80% return on your investment, but if they’re not a imperative fix, some sellers would be better served to bump this down a few notches on their must-do list.
  4. Outdated Appliances. Most buyers know they can easily buy a new fridge, but if most of your appliances look as if they belong on That ’70s Show, buyers may wonder what else needs replacing. If you’re planning to take your refrigerator with you when you move, make sure that’s mentioned in your sellers’ disclosure.
  5. Old Heating and Air Conditioning System . A well-maintained HVAC system can last up to 25 years, but an aged one could be a point of concern for buyers — and costly to repair or replace on the fly for a seller who doesn’t want to lose a sale.
  6. Termites. Termite infestation causes more than $5 billion in damage to U.S. homes each year, and sellers are typically required to disclose it. Adding a termite warranty from a remediation company can give your buyer peace of mind. But be warned: termites in your home can often be a deal breaker.
  7. Cracks in Foundation. Cracks in walls or a foundation are often a sign of larger problems. Be prepared to fix structural problems before your house hits the market, or have a plan in place for repairs if a buyer balks after an inspection.
  8. Radon. Radon is a naturally occurring, carcinogenic, radioactive gas that’s formed from the breakdown of uranium. In the home, radon is typically found in the basement or in lower levels. To put in perspective just how dangerous radon can be, consider this: Smoking is the number one cause of lung cancer — radon is No. 2.
  9. Bonus: High listing price. Pricing your home too high could ultimately cause your house to miss out on the right buyer, stay on the market longer, and bring in a lower price than the market supports.

Source: Trulia Blog

Posted on May 4, 2017 at 9:59 pm
Kappel Gateway Realty | Category: escrow, inspections, maintenance, overpricing, real estate, selling, Uncategorized | Tagged , , , , , , , , , ,