Sometimes we come across an article too good not to share. So from time to time, we’ll be sharing our favorite reads from around the web in the section, Noteworthy Reads. This week: whether you should pay off your mortgage early and the benefits of a small home.
Investing in real estate can be a complex endeavor. And the decisions don’t end when you’ve signed on the dotted line and received the transferred title. Once you’ve purchased an investment property, there’s often times renovation that needs to be done. One of the services we offer that our clients have found incredibly advantageous is rehab project management. Over the last year, we’ve been doing more and more rehab projects - and we’ve put together quite the team and had some excellent results!
First impressions are important, whether you’re meeting someone new or seeing a home for the first time. A home that looks rundown or lacking in updates suggests that the owner might be just as lax with indoor maintenance as with outdoor - a sure red flag for most buyers. So if you’re planning on selling your home, it’s important to consider what kind of curb appeal your house offers.
We work with investors of all kinds, and one thing that comes up occasionally is alternative financing. If you're an investor looking to expand your portfolio, but who may have maxed your loan opportunities with traditional banks, a specialized lender can offer you alternative financing options. We work with a lender who can offer just such opportunities and we wanted to share with you some of the options available.
Congratulations! You’ve signed on the line and now you’re the proud owner of a new home. The stress of finding the right house, getting approved for financing, negotiating with a seller are behind you. But if you’ve ever moved before, even just from apartment to apartment, you’ll know there may yet be some headaches ahead. To make it easier for you, we’ve created this new homeowners checklist.
There are a lot of decisions to make when selling a house: when, how much, what repairs to name a few. The right listing agent is someone who can answer those questions for you, and who knows what else you should be thinking about when selling your house. But how do you find a good agent? What should you be looking for?
You’ve found the perfect home. Great location, beautiful features, exactly what you were looking for. The contract has been drawn up and signed, but there’s one thing left before you move in: the home inspection. It may feel like just another step in the process, but a home inspection is a buyer’s best friend. Even experienced homeowners can’t spot every problem in a house, but licensed inspectors are trained to look more closely.
The decision to sell your home was probably not an easy one. Maybe you loved the house, but had to relocate for work. Or perhaps your needs changed and the house no longer fit your lifestyle. Whatever the reason, you decided it was time. You cleaned and organized and did all the work to get it on the market. But now it’s been on the market for weeks and weeks and your house isn’t selling. A bad dream come true. The problem is real, but in many cases it has a simple solution.
Buying your first home is a landmark in life, especially here in America. Owning a home symbolizes independence, financial security and a space in the world that’s all yours. But while you may be fantasizing about the perfect home, before you actually start shopping it’s wise to ask yourself a few questions to be sure you’re ready.
When you’re getting a house ready to sell, you’ll start to hear a lot about home staging. Home staging is the idea of prepping a house to appeal to buyers. And it’s actually quite different from decorating. In this post we discuss 5 simple things you can do to get your home staging just right
Whether you’re buying a property to flip, to keep as a rental or as your next home - an accurate estimate of the total rehab cost is an essential part of any sound real estate decision. In this post, we’ll walk you through some of the steps you can take to make sure you’re estimating your rehab cost as accurately as possible.
As the weather is starting to turn cool in Northeast Ohio, we over at Re/Max Haven have started to winterize the properties we manage. If you’ve never thought about winterizing before, now is the time. To help you out, we’ve put together a guide full of ways to winterize and prevent damage during the cold months.
Buying a home is a very important part of your life and can have many challenges. The first obstacle you will face, before even looking at homes, will be determining what you can afford and what a bank is willing to help you with. Banks will loan money to an individual, however, they charge interest, and the better your credit score the better that interest rate can be. The big question many people have once they check their credit, "What can I do to improve my score?" Below are five tips on how you can help improve your credit score and get a lower interest rate to make your home buying dream come true!
The aesthetic beauty of a historic home is a magnet for many home buyers. These homes are a piece of history that can literally tell a story as the architecture is unlike anything else, and has withstood the test of time. Some historically registered homes do come with restrictions so it is important to be aware of this when you purchase. These restrictions do however help keep the property value stable and ensure that all homes are equal. Historic districts tend to have a steady property value and an active neighborhood association invested in the quality of the area. Before committing to a historic home make sure to do research on the property and the area. Below are some tips that can help you when beginning your historical home journey.
These days, buying a home can seem more like solving a Rubik's cube than making a purchase. Negotiating the price, calculating the resale value, planning for repairs or renovations – it’s enough to make your head spin! There are several factors that influence a buyer’s decision when they’re house-shopping; here are the top 10 shoppers will consider as they’re on the hunt for their next home.
When buying a home whether you are a first time home buyer or just looking for something more suitable for your lifestyle, buyers always have to confront the question of buying a home that needs fixed up or a home that is move in ready. A fixer-upper and a move in ready home both come with equal amounts of advantages and disadvantages. Doing your research for both types of homes is the best way to see what will not only suite your lifestyle best, but also what is best for you financially. Here are just a few of the pro’s and cons for both fixer-uppers and homes that are ready to move right in.
Buying a new home is one of the biggest costs a person can take on over the course of his or her life. If you’ve been in your current home for a while, it’s normal to be tempted by the additional space, new layout or updated design a new one can bring – but before you take the plunge and decide to start seriously searching for a new place, you’ll want to consider the many financial facets of this decision.
Have you been considering getting a new roof (or really need a new one?), but you aren’t sure if the investment is worth it since you’re planning on moving soon? It may seem counterintuitive to make a large investment on a home right before selling it, but the fact is, putting a new roof on your home is top on the list of upgrades and repairs that improve resale value. So, you actually will be able to sell your home for more by making the investment (and often, homes with old roofs won’t sell at all).