4 Misconceptions About Mortgages

Bumping Up Curb Appeal on a Budget

When it comes to selling your home, first impressions matter. The outside of your home should draw prospective buyers in and make them want to see more. If you’re going to put your home on the market this spring, one of the first things you need to do is take a step back and turn a critical eye to the front of your home. Even if you’re not contemplating a move, a beautiful façade will make your home a joy to, well, come home to.

 

In its 2018 Remodeling Impact Survey, 99% of members of the National Association of Realtors® (NAR) said that curb appeal is important when attracting homebuyers.[1] So you know you need to give the front of your home a freshen-up — but uh-oh, you’re also trying to save money to move once your house is sold. Fear not! Many tasks that enhance curb appeal can be done for little or no cost. Here are a few budget-friendly ways to boost your home’s looks. 

 

When prospective buyers pull up to the front of your home and take in their first view, they want to see a clean, pretty building that they can imagine as their own. Washing the front of your home and the walkway will refresh the façade, and may even make repainting the front unnecessary. 

Concrete driveways can look refreshed after a power wash too!

 

Your windows should sparkle. They should be so clean that you can’t even tell there’s glass in them! Be sure to clean them inside and out. While you’re at it, giving your blinds and curtains a wash is a great idea too. 

A freshly painted door in a bold color with shiny new hardware can make a bright change for less than $75. New house numbers in a modern style add appeal, and a new doormat can send a welcoming message to all who approach. Finish off the rehab with a stylish letterbox that just shouts Buy me! 

Your front yard should be green and neatly trimmed, with no bald patches or brown grass. Trees and shrubs should be pruned and shaped. Clean up your flower garden and put down some fresh, dark mulch for a rich-looking bed. No flowers? Fill large tubs halfway with pebbles or wood chips, add soil on top, and plant bunches of bright flora that will bloom for at least a month. 

Turn on your sprinklers before viewings. The sparkle on your greenery and the fresh scent of water on plants will enhance your home’s attractiveness. 

 

It’s something you might not think about, but it’s the least expensive job on this list: Ensuring convenient parking for real estate agents and their clients — and having open space in front of your home — can make your property seem more accessible and slightly bigger. Can’t guarantee a front-row parking space in your neighborhood? At least be sure to remove toys, lawn tools, and any other unnecessary items from your front yard. A buyer needs to see your home with nothing blocking the view. 

Once you have your home looking great from the street, the challenge is to keep it looking wonderful through all of the upcoming showings. Make a schedule to stay on top of mowing, weeding, watering, and other lawn and plant maintenance, plus keeping the driveway clean and the porch swept. And be sure to include pulling weeds from between stepping stones or bricks on your list. All of those little details mean a lot when it comes to curb appeal.

 

 

Sources:
[1] National Association of REALTORS®, 2018 Remodeling Impact Report: Outdoor Features.
[2] Houselogic, “8 Tips for Adding Curb Appeal and Value to Your Home.”

Back in the day…

AHH… Back to a simpler time, when this was all you needed.

“The Sears Walton was probably one of Sears top-10 best selling models.

It was also one of Sears’ most practical houses, with 1200 square feet, a spacious front porch, compact kitchen, and less than 40 square feet wasted on the one small hallway.

One of the defining characteristics of the Sears Walton is that small box window on the front bedroom, the oversized front porch (which extends beyond the main wall of the house), and the contrasting rooflines on the porch and main house. Plus, the dining room has a gabled bay with three windows.

In short, it’s an easy house to spot, due to its many interesting architectural elements.”

Walton_1921

 

 

Are you ready for the spring market?

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There may be snow on the ground but Spring is just around the corner!

In most real estate markets the spring is the most common time to be selling a home, for multiple reasons.

  • Supply of ready, willing, and able buyers is the highest in the spring
  • Buyers typically get their income tax returns during the spring which can be put towards the purchase of a home
  • More daylight meaning homes will typically show better
  • Landscaping and curb appeal during the spring is better than the fall or winter months

 

What can you do to get ready?

Get Pre-Approved Before Spring
You need to be pre-approved for your loan, of course. Why get pre-approved months in advance? In most cases, there are ways to massage your circumstances to get you approved to borrow more, or to get a better rate.

 

Get your home ready!

Clean & Organize
I know it’s cliché but it’s imperative to give your home a thorough “spring cleaning.” This doesn’t mean wait until spring though. Be proactive and start cleaning now; you’ll be glad you didn’t wait. A huge turnoff for prospective buyers are foul odors. Things such as smoke odors and pet odors can kill home sales.

Begin Packing and Organizing Your Belongings
There’s no way to know for sure how long it will take for your home to sell – it could take a month, or years – and while it may seem crazy to start packing up your stuff before a sale occurs, it’s best to be prepared for any outcome.

Make Repairs and Improvements
The last thing anyone wants to do before they sell their home is to dump a bunch of money into it for an extensive renovation; however, there are minor repairs and improvements that can be made to make a home look fresher for potential buyers. (fresh paint, fresh hardware, etc…)

 

For more tips for Sellers & Buyers visit HomesWithCathy.com

6 Expenses to Include in Your Homebuying Budget

First-time homebuyers are sometimes caught off guard by overlooked expenses, which can create an uncomfortable financial pinch. Be sure you consider these one-time and ongoing expenses.
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1. Home Inspection
For a few hundred dollars, an inspection can uncover potential trouble such as structural problems or asbestos.

2. Home Maintenance
Experts recommend setting aside 1 to 3%* of the home’s purchase price for annual maintenance. For example, you may need to buy lawn care equipment or replace the roof, furnace, or water heater.

3. Taxes And Insurance
Property taxes and homeowners insurance aren’t always included in mortgage payment calculators.

4. Extra Cash At Closing
Your lender should give you a detailed estimate of closing costs. But beyond those, you may have to pay additional expenses, such as a prorated portion of property taxes or homeowners association fees that the seller has already paid.

5. The Move
Whether you hire professional movers for a few thousand dollars or rent a truck, buy boxes and recruit friends to help, moving costs money.

6. Settling In
You may have to pay utility connection fees when you move in, plus utility costs may be higher than you were used to as a renter. Other costs include lock replacements and decorating expenses.

Your Guide to November

 

  

General Election Day

 

Determines our elected officials on the federal, state, and local levels. Remember to vote!

 

 

 

 

 

Veterans Day (Observed Nov. 12)

 

 

In honor of all the brave men and women who have served our country: Thank you for your service.

 

 

 

 

 

 

World Diabetes Day

 

A global campaign to raise awareness for people with diabetes. Learn more and take action atworlddiabetesday.org.

 

 

 

 Great American Smokeout

 

An event sponsored by the American Cancer Society that challenges people to stop smoking and provides resources to help them quit.

 

 

 

 

 

 

National Adoption Day

 

Brings awareness to the more than 117,000 children in foster care who are awaiting a forever family.

 

 

 

 

 

 Thanksgiving

 

A time to gather with the ones we love and reflect on what we’re thankful for. Happy Thanksgiving to you and yours!

 

 

 

 

 

  

Black Friday

 

The official kickoff to the holiday shopping season, for those who love a good deal and don’t mind a crowd.

 

 

 

 

 

 

Cyber Monday

 

For those who love snagging a deal but do mind a crowd, shop from the comfort of your computer. Happy shopping!

 

 

 

 

 

 

November = Movember: a movement that encourages men to grow a mustache as a symbol of celebrating men’s health and to raise awareness regarding different male diseases.

November is the birth month of famous people such as Mark Twain, Winston Churchill, Georgia O’Keeffe, Bruce Lee, Scarlett Johansson, Martin Luther, Demi Moore, Leonardo DiCaprio, and Gordon Ramsay.

The Parker Brothers introduced the world to the Monopoly game on November 5, 1935.