Tag: tips

August 9, 2016

Selling Your Home: Tips for Kitchen Staging

Article From Realtor.com …

Home Staging Ideas for the Kitchen to Make Buyers Bite

how-to-stage-a-kitchen

Feverpitched/iStock

If you’re selling your house, staging—the mysterious practice by which you prep and prettify your home before its debut—can make a huge difference in catching the attention of buyers and ultimately reeling in an offer. And the room you’ll really want to focus on here is the kitchen: After all, it’s the crown jewel that buyers ooh and ahh over—except when the counters are packed with stacks of mail, near-empty boxes of Froot Loops, and a hulking Cuisinart you rarely use.

To make sure this critical area is perfectly poised to woo buyers, try these home staging ideas for your kitchen and get some offers cooking.

Clear off counters

Put it away—put it all away. We’re looking at you, coffee maker, blender, knife block, standing mixer, and toaster oven. “And don’t forget the top of the refrigerator,” says Amy Bell, a home staging expert at Red Chair Home Interiors in Cary, NC. Home staging in this room is all about making your kitchen look bigger, cleaner, and more streamlined. “Homeowners are so accustomed to their own clutter that it almost becomes invisible to them,” she warns.

And while you’re in purge mode, remove every bit of paper and those souvenir magnets from the refrigerator and cabinets. The only thing you should keep on the counter is a pop of color, such as a pretty bowl of bright green apples or lemons, says Katie McCann, an organizing coach at Maeve’s Method.

home staging ideas kitchen
———

Scour for hours

Well, no one’s actually logging the time spent, but cleanliness is critical here, says D. Sam Halpin, a real estate broker with My Home Group in Scottsdale, AZ. “Not only must you clean the countertops, but the grout, faucet, and grimy drain rim, too,” she says.

Try CLR (calcium, lime, and rust remover) on the faucet to make sure water flows through it smoothly. Clean cabinet fronts to remove dust and grime, and scrub greasy spatters on the stove and backsplash with a vinegar-water solution.

“And if you have a stovetop with burns or food rings, remove them with a soft soap product and a razor blade—it’ll look almost like new,” she adds.

home staging ideas kitchen
———

Light it right

Let as much natural light into the space as you can, by either opening heavy drapes or replacing them with sheer panels. Have a kitchen that looks out to a patio or deck through glass doors? These must sparkle in order to illuminate the space. “And if you don’t have under-cabinet lights—get them,” recommends Halpin. You can purchase battery-powered puck-shaped lights for very little money and stick them under the cabinets (it adds that extra glow that every cook covets).

Jack Menashe, a designer and home stager at Menashe Design in New York City, likes minimal window treatments (like just a valance along the top) when showcasing a kitchen as natural light makes the space feel bigger. “A patterned valance invites the buyer to see the window and allows me a chance to add color,” he says.

———

Organize the insides

Potential buyers are going to open the fridge and pantry, so don’t neglect these spots when you’re staging the kitchen. “People who are looking for a new home will imagine how their pots, pans, and food items might fit into your cabinets,” explains McCann.

“Sometimes I stack cookbooks and display clear storage containers because these elements speak to the kitchen’s function, and clear containers take up less space visually,” says Menashe.

home staging ideas kitchen
———

Some experts recommend setting the table with colorful plates and napkins to give the kitchen a homey feel.

“I may present a picture of daily life by having a unique planter on the countertop with blooming flowers alongside a carafe of orange juice for color and a rolled-up newspaper,” says Menashe. Or, place a simple runner down the middle of the table for a bit of coverage and texture.

September 16, 2015

8 Ways to Allergy Proof Your Home

Whether you have a pet or not, there is dust-free light at the end of the tunnel! You’re not alone, either – allergies affect more than 20% of Americans. In this post, we’ll go over specific ways to free your home of allergens so you and your family can finally breathe cleaner air. Here are some trusty guidelines to get the allergy proofing started.

Magna-Dry

1. Lay down doormats.

In each entryway of your home, lay down two doormats – one on the inside and one on the outside. This helps prevent allergens from being tracked inside. Another alternative is to have your family and guests remove their shoes when they enter your home. Otherwise, allergens are just spread around.

 

bobvila.com

2. Upgrade your vacuum cleaner

If you don’t have one already, make sure your vacuum cleaner has a HEPA filter. These are specifically made to trap particles as small as 0.3 microns. Basically, they’ll be able to capture the majority of allergens.

 

bobvila.com

3. Replace air filters

Remember to always clean or replace the air filters in your heating or cooling system as often as required. You can refer to the manufacturers’ instructions regarding when to change them and how often.

 

4. Beware of mold

thisoldhouse.com

Minimizing mold, especially in your bathroom, is one of the most effective ways to lessen allergens. With more than 100,000 species of mold in the world, the last thing you want is for your bathroom to turn into a war zone. Clean regularly and remind yourself to dry off surfaces that collect standing water. Also, it’s important that your bathroom has good ventilation. Every few years, you should replace any broken tiles and re-caulk sinks and tubs. This keep mold from growing behind the walls.

lushome.com

5. Say bye-bye to drapes

Consider switching from curtains to blinds or shades because they hold much fewer allergens. However, if you insist on having drapes, make sure they’re machine washable since those are easier to keep dust-free.

 

airoflife.com

6. Get an air purifier filter

From cooking fumes and cleaning vapors to dust and pet dander, there are so many different types of particles that can pollute the air inside your home. Air purifiers can be very effective in helping reduce allergens in the air, but just make sure you stay away from those producing ozone. We recommend using one with a HEPA filter.

doityourselfrv.com

7. Use a hygrometer to measure humidity levels

By investing in a hygrometer, you’ll discover the exact moisture levels in your home. Take a measurement in each room and if the reading is above 60 percent, you may consider using a dehumidifier. High humidity can lead to mold growth, so this is your best tactic to prevent that.

georgianadesign.tumblr.com

8. Ditch the carpet

Carpet does a great job of trapping in countless allergens, so it’s a good idea to replace your carpeting with hardwood or linoleum flooring. If that’s not an option, use low-pile carpeting instead of high-pile. Be sure to vacuum at least once a week and shampoo your carpet frequently.

 

Source: Mayo Clinic, This Old House

September 14, 2015

Avoid Homebuyer’s Remorse in 5 Steps

shutterstock_69434938

Have you ever bought something but then later on, found yourself regretting that purchase decision? Well, it’s no big deal when you can easily return or exchange something like a pair of pants or even a designer purse. A house, on the other hand, is much more permanent. It’s not only the largest investment you’ll ever make, but it’s also the place you’ll come home to every day, and where you’ll spend years making life memories as your family grows.

There may be increasing pressure to make a quick decision in today’s fast-paced and competitive real estate market, but it’s important to stay grounded throughout the home buying process. Before you try to compete with other interested buyers and snag that “hot listing”, take a breath and follow these steps.

1. Stick to your home requirements.

Before you even start your search, make a list of your “must-haves” in your new home. If having a 2-car garage is on the list but the house you’re looking at only has a 1-car garage, move on. Don’t let yourself settle for something less and then end up making expensive renovations because it’s not exactly what you wanted.

2. Know where you’ll compromise.

Note any items that are on your home wish-list, but you could live without. There should be at least a couple home features that you and your partner or spouse can compromise on.

3. Stand your ground.

Even after you have made the decision to buy a specific home, don’t let yourself overlook major issues. For example, if the inspector finds a cracked foundation or dry rot in the floor joists, you should either back out of the deal or get the price lowered to reflect the cost of the repairs.

4. Keep a clear head.

If you get stuck in a bidding war with another buyer, you need to ask yourself if you really want the house or if you just want to win the fight. The last thing you want to do is end up overpaying for a house that doesn’t completely satisfy all your needs.

5. Love the home’s proximity.

You can change many things about a home, but you can’t change the location. Think about what you do everyday in regards to where you live. This includes where you work, where you have to take the kids to school, and where you do things for fun.

These are all very important factors to consider when buying a home and most importantly, they’ll help you avoid homebuyer’s remorse at all costs. Find a home you’ll love living in every day. The less you want to change, the better!

Source: http://blog.realestatebook.com/2015/09/10/avoid-homebuyers-remorse-in-5-steps/

August 20, 2015

Paint Like a Pro in 5 Steps

Nothing transforms the look of a home as simply and inexpensively as paint. Whether you’d like to liven up a dated design or refresh your entire home to sell, paint like a pro with these tips.

 

1. Look for high-quality products.

When it comes to paint, quality matters. Search for a combination paint-and-primer to save a few steps and ensure complete coverage and deep color saturation. The paint should have high hiding ability and resist dirt and scuffs.

2. Get inspired online.

Color selection can seem intimidating, but it’s a chance to infuse your personality into your home. Many online resources are available for homeowners to explore, coordinate and experiment with different looks. Pinterest and Apartment Therapy are great websites for browsing images, finding home décor inspiration and colors that speak to you.

3. Use paint samples, rather than chips.

The most realistic way to envision the color in your home is to see it in action. Many paint retailers offer small sample cans for just a few dollars. Use these to paint a few stripes of each color option in the room you’ll be painting. Note how color changes in different lighting conditions.

“Sunlight, shadows and furniture can all alter the appearance of paint in your space,” says BEHR Vice President of Color Marketing Erika Woelfel. “Before fully committing to a hue, make sure it’s one you’ll love morning, noon and night.”

4. Use the right painting supplies.

High-quality painting tools save you time over the course of your project and produce the most beautiful finish. For best results, use a lint-free roller cover. Select brushes made of nylon and polyester. For flawless edges, use a painter’s tape specifically designed for your surface type.

5. Prep before painting.

Begin by removing all wall fixtures, such as pictures, doors and light switches. If you have small cracks or holes in your walls, remove any dust and apply a patching material. Make sure to allow this to dry completely before sanding the finished area. Wash away oil, grease or wax stains by dampening the surface, applying mild detergent with a sponge, and then rinsing the wall clean. Once dried, you’ll be ready for smooth application and beautiful color.

Source: http://blog.realestatebook.com/2015/08/12/paint-like-a-pro-in-5-steps/

September 12, 2014

Don’t Buy A Money Pit

5 Steps to Avoid Buying a Money Pit

 

According to Trulia.com, here are 5 steps that will help you avoid buying a money pit.

  1. Attend Inspections. When you’re there in person, the inspector is able to physically show you the items that may need repair, and give you their professional opinion of how serious and large needed repairs may actually be at a level of clarity a written report may lack. Sometimes, written inspection reports convey minor items (like reversed hot and cold faucets) as a red-flagged health and safety issue, and more major items (like a problematic foundation) as something that needs further inspection. If you are at the inspection in the flesh, you can brief the inspector on what level of cost and effort you consider major (and vice versa), and ask them to help you understand roughly where the property overall and any individual repairs needed fall, from that perspective.
  2. Read the Reports and Disclosures. Reading the inspectors’ reports is critical to avoiding a money pit. Things to watch for and investigate further in the sellers’ reports and disclosures include:  repairs the seller completed themselves, repeated repairs to the same home system, water and leakage issues, and any reports of non-functionaing mechanical or other systems in the home. In your inspectors’ reports, make sure to notice: repair estimates they offer, items that seem like they will have to be completed soon (versus upgrades you can do over the long run), items that seem like they might run into big ticket dollar amounts, and especially watch for any recommendations that you get a specialist to look at something. Follow up on your reading of reports and disclosures by working with your agent to: list your questions and concerns, ask the inspector and seller any follow-up questions you have, and obtaingin reliable repair estimates.
  3. Get Multiple Repair Bids. Money pits often occur when buyers take a place knowoing it needs what they thought was a little work, that actually turns out to be a much more costly or involved repair once the actual repiar contractor takes a look or starts the work. Get multiple repair bids from reputable contractors while you are still within the inspection contingency time frame of your contract. These repair estimates can also provider the basis for any renogotiation you and your agent choose to initiate with the seller for price reduction, repairs or increased closing cost credits.
  4. Stop Overconfidence In Its Tracks. Even if you expect to cut costs by doing some work yourself, I urge you to contact and obtain bids on the repairs and upgrades you plan from actual professionals, so you can at least be armed with the information about what it will cost to get them done if you can’t complete them for any reason.
  5. Prioritize Price Reductions and Credits over Seller Repairs. For the most part, buyers will select their own materials and repair contractors with more care and are generally more deeply invested in ensuring that repairs are completed to their satisfaction than an outgoing seller. If you are negotiating with your home’s seller over repairs that need to happen, discuss with your agent whether it might make sense to ask for a price reduction or a closing cost credit to offset the cost of the repairs so you can have them completed to your standards, and with the materials and by the contractors of your choice, after clsoing.
April 19, 2013

10 Tips for Buying a House

The top 10 things you need to know when buying a home.

1. Don’t buy if you can’t stay put.

If you can’t commit to remaining in one place for at least a few years, then owning is probably not for you, at least not yet. With the transaction costs of buying and selling a home, you may end up losing money if you sell any sooner – even in a rising market. When prices are falling, it’s an even worse proposition.

2. Start by shoring up your credit.

Since you most likely will need to get a mortgage to buy a house, you must make sure your credit history is as clean as possible. A few months before you start house hunting, get copies of your credit report. Make sure the facts are correct, and fix any problems you discover.

3. Aim for a home you can really afford.

The rule of thumb is that you can buy housing that runs about two-and-one-half times your annual salary. But you’ll do better to use one of many calculators available online to get a better handle on how your income, debts, and expenses affect what you can afford.

4. If you can’t put down the usual 20 percent, you may still qualify for a loan.

There are a variety of public and private lenders who, if you qualify, offer low-interest mortgages that require a small down payment.

5. Buy in a district with good schools.

In most areas, this advice applies even if you don’t have school-age children. Reason: When it comes time to sell, you’ll learn that strong school districts are a top priority for many home buyers, thus helping to boost property values.

6. Get professional help.

Even though the Internet gives buyers unprecedented access to home listings, most new buyers (and many more experienced ones) are better off using a professional agent. Look for an exclusive buyer agent, if possible, who will have your interests at heart and can help you with strategies during the bidding process.

7. Choose carefully between points and rate.

When picking a mortgage, you usually have the option of paying additional points — a portion of the interest that you pay at closing — in exchange for a lower interest rate. If you stay in the house for a long time — say three to five years or more — it’s usually a better deal to take the points. The lower interest rate will save you more in the long run.

8. Before house hunting, get pre-approved.

Getting pre-approved will you save yourself the grief of looking at houses you can’t afford and put you in a better position to make a serious offer when you do find the right house. Not to be confused with pre-qualification, which is based on a cursory review of your finances, pre-approval from a lender is based on your actual income, debt and credit history.

9. Do your homework before bidding.

Your opening bid should be based on the sales trend of similar homes in the neighborhood. So before making it, consider sales of similar homes in the last three months. If homes have recently sold at 5 percent less than the asking price, you should make a bid that’s about eight to 10 percent lower than what the seller is asking.

10. Hire a home inspector.

Sure, your lender will require a home appraisal anyway. But that’s just the bank’s way of determining whether the house is worth the price you’ve agreed to pay. Separately, you should hire your own home inspector, preferably an engineer with experience in doing home surveys in the area where you are buying. His or her job will be to point out potential problems that could require costly repairs down the road.

March 7, 2013

7 Homeowner Tax Advantages

When you’re evaluating how much home you can afford, make sure you factor in the tax advantages of homeownership.

Man in a home officeYou can claim some tax deductions if you work from home, but be sure you’re entitled to them before taking them. Image: Jupiter Images/Getty Images

 

Owning your home not only allows you to build wealth through appreciation, but it can also reduce the amount of income tax you pay every year.

Here are seven tax benefits for homeowners.

 

 

1. Homebuyer tax credits

If you purchase your first home before April 30, 2010, you’re entitled to a tax credit of up to $8,000. If you currently own a home, but sell it to purchase another home before April 30, 2010, you’re eligible for a federal tax credit of up to $6,500.

2. Deductions for loan fees

Typically, you can deduct the “prepaid interest” you paid when you got your mortgage loan. That includes points, loan origination fees, and loan discount fees listed on your settlement statement, even if the seller paid those fees for you. Each time you refinance your home, you can deduct prepaid interest fees.

However, you must meet certain requirements to take the prepaid interest deductions when you purchase or refinance your home. Check with your accountant to be sure you’re following the rules.

3. Property tax deductions

In the year you purchase your home, you’re entitled to deduct the real estate taxes you paid at the closing table. You can continue to deduct the property taxes you pay each year.

4. The mortgage interest deduction

Every year, you can deduct the amount of interest and late charges you pay on your mortgage and home equity loans, though there are limitations. If you’re required to purchase private mortgage insurance (PMI) because you made a downpayment of less than 20% on your home, you can also deduct those premiums as mortgage interest expenses.

5. Home office expenses

If you have a home office you use only for business, you may be eligible to deduct the prorated costs of your mortgage, insurance, and other expenses related to that space. The government scrutinizes home-office deductions closely. Be sure you’re entitled to the deductions before claiming them.

6. The costs of selling your home

In the year you sell your home, you can deduct the costs of selling it, including real estate commissions, title insurance, legal fees, advertising, administrative costs, and inspection fees. You can also deduct decorating or repair costs you incur in the 90 days before you sell your home.

7. The gain on your home

If you lived in your home for at least two of the previous five years before you sell it, the government lets you to take up to $250,000 of profit on the sale of your home tax free. That amount is doubled for married couples. This deduction isn’t available on rental or second homes.

The government also allows you to subtract from your home sale profit any amounts you spend on improvements, such as window replacement, siding, or a kitchen remodel. Those deductions are in addition to the tax credits you can receive in 2010 for making energy-saving upgrades. Money invested for routine maintenance and repairs doesn’t count.

This article includes general information about tax laws and consequences, but is not intended to be relied upon as tax or legal advice applicable to particular transactions or circumstances. Consult a tax professional for such advice; tax laws vary by jurisdiction.

Read more: http://buyandsell.houselogic.com/articles/7-homeowner-tax-advantages/#ixzz2MXav6sp2

February 21, 2013

7 Tips For Improving Your Credit

Here’s how to clean up your credit so you get the least-expensive home loan possible.

Paying off credit card balance via computerBoost your credit score by paying the balance on your credit cards in full, and on time, every month. Image: Rob Daly/OJO Images/Getty Images

 

Getting the loan that suits your situation at the best possible price and terms makes homebuying easier and more affordable. Here are seven ways to boost your credit score so you can do just that.

 

 

1. Know your credit score

Credit scores range from 300 to 850, and the higher, the better. They’re based on whether you’ve paid personal loans, car loans, credit cards, and other debt in full and on time in the past. You’ll need a score of at least 620 to qualify for a home loan and 740 to get the best interest rates and terms.

You’re entitled to a free copy of your credit report annually from each of the major credit-reporting bureaus, EquifaxExperian, and TransUnion. Access all three versions of your credit report at www.annualcreditreport.com. Review them to ensure the information is accurate.

2. Correct errors on your credit report

If you find mistakes on your credit report, write a letter to the credit-reporting agency explaining why you believe there’s an error. Send documents that support your case, and ask that the error be corrected or removed. Also write to the company, or debt collector, that reported the incorrect information to dispute the information, and ask to be copied on any materials sent to credit-reporting agencies.

3. Pay every bill on time

You may be surprised at the damage even a few late payments will have on your credit score. The easiest way to make a big difference in your credit score without altering your spending habits is to diligently pay all your bills on time. You’ll also save money because you’ll keep the money you’ve been spending on late fees. Credit card or mortgage companies probably won’t report minor late payments, those less than 30 days overdue, but you’ll still have to pay late fees.

4. Use credit carefully

Another good way to boost your credit score is to pay your credit card bills in full every month. If you can’t do that, pay as much over your required minimum payment as possible to begin whittling away the debt. Stop using your credit cards to keep your balances from increasing, and transfer balances from high-interest credit cards to lower-interest cards.

5. Take care with the length of your credit

Credit rating agencies also consider the length of your credit history. If you’ve had a credit card for a long time and managed it responsibly, that works in your favor. However, opening several new credit cards at once can lower the average age of your accounts, which pushes down your score. Likewise, closing credit card accounts lowers your available credit, so keep credit cards open even if you’re not using them.

6. Don’t use all the credit you’re offered

Credit scores are also based on how much credit you use compared with how much you’re offered. Using $1,000 of available credit will give you a lower score than having $1,000 of available credit and using $100 of it. Occasionally opening new lines of credit can boost your available credit, which also affects your score positively.

7. Be patient

It can take time for your credit score to climb once you’ve begun working to improve it. Keep at it because the more distance you put between your spotty payment history and your current good payment record, the less damage you’ll do to your credit score.

Read more: http://buyandsell.houselogic.com/articles/7-tips-improving-your-credit/#ixzz2LJ4DnLfl