Is your bathroom small? It’s the worst, isn’t it? Well, unfortunately, small bathrooms are very common and are usually the smallest rooms in the house. I can bet that it almost always feels cramped and tight in there. Although the square footage doesn’t change, a change of organization and storage space can make a drastic […]
Tips to Raise Your Credit Score Buying a new home is an exciting time. It can also be stressful if you are unsure about your credit or know that your credit is not as high as you’d like it to be. Your credit score is one of the biggest factors in how much of a home loan you can qualify for and the interest rate you’ll pay. The good news is there are easy ways to increase your credit score. By following a few tips, you can make sure your report accurately reflects your use of credit and create a plan to improve your scores if necessary.
• Check for Errors – Errors on a credit report is very common. Make sure that everything is current and accurate.
• Pay Down Credit Card Debt – One of the easiest ways to boost your score is to lower your credit card balances. Aim to have no more than 50% of available credit in use.
• Remove Negative Accounts – If you have old collections or bad debt, negotiate with the creditor to pay some/all of the debt in exchange for removing the record.
• Keep Old Accounts Open – About 15% of your score has to do with how long you’ve had credit accounts.
• Pay on Time – This might sound simple, but always pay your bills on time.
• Consider a Bankruptcy – If you’re really in over your head, it might be time to take a step back and declare bankruptcy. This resets the clock and allows you to plan for a future purchase.
Credit issues do not have to last forever. By understanding what affects your credit, you can make real changes which will increase your score.
With the growth of online tools, companies are quickly building products to serve the real estate community. After all, it’s a lucrative industry, home buying and selling will always be a thing – even if it does slow down, and companies around the world are diving in to make as much money off consumers as possible.
What are they selling? The ease. The ease of buying or selling a home online. The catch? You actually don’t benefit from these online quick-sale services. In fact, you could find yourself out of tens-of-thousands in cost difference. If you’re in the market to buy or sell, and are considering foregoing a real estate agent for an online service, be sure you read the fine print. You’ll often times find that you aren’t benefiting at all. Will they buy your home upfront to resale, so you don’t have to worry about the headache? Sure, but you may have been able to get $50,000 more for your house using a Realtor. Can you see and purchase your dream home through said services and “save” on agent commissions? Sure, but you’ll probably be overpaying for the home anyway.
The real estate industry is heavily regulated for licensed professionals to ensure the consumer is always getting the best representation for the best savings. These online services don’t require regulation and licensing, therefore, they can get away with fine print “scams.”
Be sure you do your research. I am is here to make YOU the most money. Quick online services are focused on making their business the most money – not focused on how much you can sell your home for or how much you can save when you buy. Licensed professionals exist for a reason, be sure you don’t lose more than you can afford to by using a gimmicky online service that dubs buying and selling an “easy” process. Any good agent will make the process easy, minus general lending issues that may arise.
There are a wide variety of ways to invest in real estate; one can make money in any of these options, one can also lose their money. To be successful in real estate investing, it’s critical that you identify what skills you have and your tolerance for risk. Then choose a type of investment that works for you and repeat that model.
Investors can make great profits by both flipping properties as well as holding them as rentals. The difference really boils down to a few considerations. First, what kind of income are you seeking? Active or Passive? Actively buying, fixing and flipping properties is quick cash that requires careful timing and effort. Rental properties on the other hand offer passive long-term income which accumulates over time. Additionally the property value increases during this time. The downside is that one must invest time in property maintenance and tenant management.
The second concern is risk. Flipping a property is not traditional investing where one buys and holds an investment. Flipping is really speculation. When buying a flipper, one must carefully gauge the cost of refurbishment, remodeling and the cost of the holding time into the price valuation, then carefully market the home and realize the profit. Any number of variances can go wrong which could cause the value to drop and profits to reduce or even disappear, such as a delay in remodeling or a slow real estate market.
Both types of investments can bring nice profits. Determining what’s best for you and your talents is important in choosing the best option for your financial goals.
There’s no place like home, so why not beautify your home, and make it a cozy place you can stay in? Let’s dive into some techniques that can help you showcase the best features of every room in your house. Just a touch of color, texture, and personality can transform your home into something new. Here’s a few tips that aren’t a lot of hassle:
ADD SOME COLOR
Going with a neutral scheme can never go wrong, but if you’re feeling like your room is a little drab, don’t be afraid to go with a bold color. You can do an accent wall that compliments the current color scheme or use your furniture or accent pieces to bring a touch of color. Color doesn’t have to mean clutter, you can keep the rest of the room simple and add the dramatic touch with a few elements.
USE SOME MIRRORS
Bringing in some mirrors can add light and room to your space. Using mirrors in staging is known to help the room look like it’s much bigger than it is it. Add a few accent mirrors, preferably right across the room from a window, to brighten up your space and keep it from feeling too tight and small.
PLAY WITH ACCESSORIES
We get it, furniture can get expensive, but there is so much you can do with a room just getting creative with accessories. Get some unique decorative pieces and let your room tell a story around them. Hop down to your closest antique store and grab some pieces that are bold. You can also hop into Hobby Lobby or TJ Maxx, they have beautiful and unique decorative pieces that are incredibly affordable.
ADD SOME GREEN
Nothing gives a space some life like some life, literally. Add some plants to your rooms, lots of green ones that are easy to keep alive, to add a unique touch to the room. You’d be surprised how much a room looks “finished” when you add a beautiful tree to the corner of a room.
EMBRACE THE LIGHT
The natural light, we mean. Don’t block out your windows with heavy drapes or hide them behind furniture. Decorate around your room in a way that compliments the windows and brings the natural light in.
Use fur throws or pillows, use patterns in your fabrics, etc. Don’t be afraid to add unique textures throughout the home. It gives your eyes something to land on as it’s looking around the room. You can even use metallics. Don’t over-do it, because then it can get overwhelming. Just get a few textures that compliment each other and put them in clever places around your room.
A tip you’ll hear often, nothing brings the best out in a room then getting rid of all the clutter and junk. If you have a hard time walking around your room or finding things, it may be time to get a few boxes and start cleaning out the things that don’t really belong.
While you’re fussing over your bills, did you realize you’re making your landlord rich? Rentals are the most lucrative business to get into. It turns ordinary people into multi-millionaires. The next time you’re afraid of committing to a mortgage, keep in mind that you’ve already committed to paying off the mortgage of someone else – every single month you rent. The only time home buying doesn’t make sense is if you’re still living with your parents rent-free. Or you prefer to live out of an R.V. or tent. But if you prefer to live in a home, or a condo, it always makes the most sense to buy.
Stop making your landlord rich and start building your own net worth. You can still enjoy owning a home – even if you don’t intend to stay in an area for long. You can always resell your home, most often for more money than you put in, or turn it into a lucrative side business by hiring a property management company to rent it out on your behalf. Whatever you decide, don’t be afraid of a mortgage commitment – you’re paying one regardless. Now ask yourself, do you want to make yourself money or make your landlord money?
Every year, more than 2900 home fires are started by clothes dryers. The leading cause of these fires is from a build of up lint from lack of maintenance. The removable lint filter, unfortunately, doesn’t catch all of the cloth and fabric particles, so maintenance requires a little more than just emptying the filter after each load. Whether you […]
One of my favorite things to do in the winter when I get home from work is to put on my pajamas, turn on the fireplace and get cozy – even if I am still working on my laptop while sitting on the couch. I know that the long evenings of the winter months invites families to stay home and enjoy the warmth of their own home. Naturally, attention turns to the fireplace as both providing extra heat and as the focal point of the room. New technology and environmentally friendly design has brought contemporary updates that are sleek, fashionable and playful.
Finishing – Fireplace finishes have changed. New products such as the Cool Wall Series open a wide variety of design options by allowing a cool surface as a backdrop for finishes.
Wood – Wood burning fireplaces are back in style. Decorative spaces for wood storage are adding architectural interest.
Larger Openings – One of the leading trends in fireplace design is enlarging the viewing window of the fireplace. A simple retrofit of an existing fireplace can make a huge difference in the look of any room.
Corner Fireplaces – This popular feature of the 1990s is back with modern updates. Two or three sided fireplaces with sleek styling and elegant accents, such as wood or metal, are providing a centerpiece for rooms.
Fireplace Walls – Linear fireplaces that stretch the length of the wall is one trend showing up in model homes across the country. Monotone colors and clean lines finish this modern trend.
Eliminating bad odors from your home is incredibly important, you want to make sure you’ve removed them before putting it on the market. Often times, the first thing buyers notice upon entering your home, is how it smells. If there is an odd odor, it will instantly put them off. No matter how beautifully staged and presented it is, strong odors or stale air can make your home unappealing to prospective buyers. Opening windows and exhaust fans will only go so far in removing foul odors, but won’t generally eliminate it completely. To ensure you don’t lose potential buyers, follow these odor eliminating tips to ensure your home smells and feels fresh and new.
Don’t Use Artificial Freshening Sprays
Don’t make the mistake of spraying artificial room freshener sprays in hopes that it will remove the bad odor. Deodorizers will quickly fade, and only mask the smell, sometimes in an overwhelming way. If a buyer walks into your home, your air freshener can cause a reaction, like a runny nose or a headache, and will make them suspicious of an underlying foul odor. Instead of trying to mask it, locate the actual source of the bad odor and get rid of it.
Best Pet Carpet Cleaners for Accidents
We all love our furry friends, but unfortunately, they can get your home pretty smelly. Whether the smell is on the carpet, furniture, or even on the walls – it’s essential to have it removed. Most odors stem from accidents. You always want to attend to the accident right away. Blot them with a paper towel and use mild dishwashing liquid to help remove the odor. Once completely cleaned, blot again with fresh paper towels to dry the spot. If the accident is not recent, use an enzyme cleaner to eat the bad bacteria. Another great idea is to use activated charcoal. It is a form of carbon that has been activated to make it extremely porous. You can get activated charcoal meant for pet odors at most pet stores.
Green Cleaning Products
Using natural odor eliminators is a great green alternative to most of the chemicals sold at stores. One of the most recommended products is to use baking soda. You can place an open box of it in a room to help absorb unwanted smells. It also helps to remove musty aroma in dark spaces, like a basement. On top of being used to remove pet odors, it also works great for cigarette smells. If you don’t wish to use baking soda, most pet supply stores will have green cleaning products that help remove odors, while still being safe for your household.
A real estate transaction can be an exciting thing to experience, but it can also be nerve-wracking and stressful. Your experience will largely depend on the circumstances surrounding your transaction and, perhaps more importantly, the agent you’re working with.
A great agent will not only get you over the finish line to the best of their ability, but they can also change your life for the better. Here are eight ways:
1. They’ll show you they care
In today’s fast-paced world, it seems like everyone’s attention is in short supply. A great real estate agent will show you that’s not always the case, by listening and caring about you and your needs. Not only will being a good listener help an agent do their job, but it’ll also show you that even in business, there are still people out there who care.
2. They can save you a lot of money
There’s an old expression, “If you think it’s expensive to hire a professional to do the job, wait until you hire an amateur.” Hiring a great agent can save you literally thousands of dollars, as the right agent will not only negotiate effectively, but also know what pitfalls to look for as the transaction moves along, saving you money in the process.
3. They can help you see things in a different way
One of the most overlooked aspects of hiring a great agent is just how much of an effect they can have on your perspective. For instance, you might think that you’re looking for something in particular, but a great agent can take what you asked for and find something that’s even better than anything you’ve ever considered. A great agent is like an expert matchmaker.
4. They’ll do more than help you buy or sell a home
A great real estate agent will go above and beyond for you. They’ll help you find contractors, give recommendations on design (if you’re open to them), and even help you navigate the restaurants in your new neighborhood. Great agents provide so much value because they want to be your go-to resource for anything to do with real estate.
5. They can find you something that no one else can
Great real estate agents aren’t necessarily miracle workers, but they’re close. A great agent will surprise you with something no one’s ever thought of before, whether it’s finding a property that you didn’t know about, or a solution to an otherwise complex problem. A great agent is proactive and instead of sitting around waiting, will make things happen for you.
6. They can take a lot of stress away
One of the best things about a great real estate agent is the peace of mind that comes from working with them. There are lots of things that can go wrong during a real estate transaction, and a great agent knows this and will not only anticipate issues ahead of time, but will shoulder the burden and solve problems for you, making it a low-stress experience.
7. They’ll go to battle for you when it counts
The right agent is like a general you can depend on when the going gets tough. From searching for the right property or buyer, to negotiating, to pushing the deal through despite all obstacles standing in the way… a great real estate agent won’t back down from adversity and will battle for your best interests at all times.
8. They can become a friend for life
Maybe your real estate agent is already your friend, but if not, with a great agent you might eventually become one. Real estate is much more about relationships than it is about individual transactions, and great agents know this. They also usually have the kind of infectious personality that you always want to be around. So don’t be afraid to form a lifelong friendship with your real estate agent, it could truly change your life.
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