...are you thinking what we're thinking? How can there possibly be so many "colors" of the year and how exactly are these colors chosen? Yet, when we see an article we simply HAVE to click on it to find out what they think!
And whether we like the colors or not, it's always fun seeing what each brand decides to choose & how they choose these colors. So, do you think you'll use any of these colors in your design scheme in the coming year?
See what each brand thinks will be the 2020 'Color of the Year' Trend!
There's alot that renters and homeowners need to know about insurance. Money Girl covers five essential insurance tips about the protections you get from basic renters and home policies, mistakes to avoid when buying a policy, and ways to save money on premiums.
This week, I had to evacuate because of Hurricane Dorian. If you’ve ever experienced a natural disaster or had to evacuate your home, you know that insurance is a top concern. No matter where you live, there are common threats—such as California earthquakes, Oklahoma tornados, and Texas floods—that affect renters and homeowners.
Let's review five essential insurance tips that every renter and homeowner should know. You’ll learn the variety of protections you get from basic renters and
One of the most important things a buyer can do when purchasing a home is pick the best mortgage lender. Going about picking the best lender is something most buyers don’t give a lot of thought to.
Understanding how to pick the best financial institution to get a mortgage from, however, is a critical aspect of buying a home.
For most home buyers, getting a mortgage is a necessity. Homes are expensive, even the affordable ones, making buying them with cash impossible. Mortgage lenders specialize in filling in the gap between how much money you have and how much money you need to buy a home.
They are in business to attract home buyers like you, which means that you can often find better terms if you do a little shopping around.
From burglars to water damage, ensure you return to a safe and secure property by taking care of these few important things.
Lock it up
While this may sound like the world’s most obvious advice, homes have many entry points and it’s easy to forget to lock one up behind you. A spokesperson for Neighborly, a home services platform that connects homeowners with trusted professionals, says that July and August are the most frequent months for break-ins—and about 30 percent of home burglaries happen due to an unlocked window or door. The morning of your trip, go door to door and window to window to ensure all doors, windows, and basement access points are secured. Of course, deadbolts only protect you when they’ve been installed correctly, so
For the 3rd year in a row, our team will be collecting Thanksgiving Meal baskets and/or monetary donations toward making the meal baskets, for those less fortunate within our local community.
We are asking that you either provide the items listed below OR donate $40 so that our team can shop for & create the meal baskets to hand out.
Who will these baskets be donated to?
We reach out to school counselors, local churches and shelters and other community programs who have direct contact with those that are in need. We then hand out the baskets from our office and/or we deliver them to those who have no way of reaching our office.
If you know of a family, families or an organization that could benefit from these meal baskets, please reach out
When thinking about selling their house, homeowners have many options. A relatively new option is using an “iBuyer.” What is an iBuyer?
According to Jovio, the definition is:
“A company or investor that uses Automated Valuation Models (AVMs) to make instant offers on homes. It allows sellers to close on a property quickly. Once sold, the company then turns around and resells the home for a profit.”
Today, there are many iBuyer companies such as OfferPad, Zillow Offers, Knock, Opendoor, and Perch. Even some more traditional companies offer the same or similar services (ex. Keller Williams, Redfin, Realogy). Ivy Zelman reported in her ‘Z’ Report that some traditional brokers are partnering with some of the larger iBuyers too:
If you are like most home sellers, you know of one or more present issues with your home that could impact the sale price. Every seller is forced to balance the desire to make money off of the home with the need to disclose known issues.
Sometimes there is a balancing act that can be surprisingly difficult. Over the years many owners have asked me “what do I have to disclose when selling my house?”
You do not have to be dishonest to worry that listing every little problem may make the sale harder. Like every home seller, you will need to determine what is important to disclose – and legally mandated – and what you can avoid talking about unless you have to.
What things you have to disclose when selling a house depends on the state you live in.
The U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans may be stepping back from their belief in homeownership.
The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2% in 2004. The Census Bureau reported that the second quarter of 2019 ended with a homeownership rate of 64.1%, which is down from the 64.8% rate for the fourth quarter of 2018. Based on this news, some started to question the consumer’s belief in the idea of homeownership as a major part of the American Dream.
Everyone Calm Down…
It is true the homeownership rate did fall. However,
There’s no doubt that today’s housing market is changing, and everything we see right now indicates it is time to sell. Here’s a look at why selling now is likely to drive the greatest return on your largest investment.
Home values have been appreciating for several years now, growing at a strong, steady, and impressive pace. In fact, the average annual appreciation rate since 2012 has nearly doubled the average rate from the more normal market of the 1990s (think: pre-bubble).
Appreciation, however, is projected to shift back toward normal, meaning home prices will likely keep climbing over the next few years, but they are not projected to continue to increase at such a high rate.
It can be quite upsetting to find out that an appraiser thinks the home you want to buy is not worth what you thought it was. And a low appraisal can be more than just upsetting – unless you are a cash buyer, a low appraisal can make it impossible for you to purchase your dream home.
Lenders will only give you enough money to buy a home at fair market value. If the appraisal comes in low, you may have to come up with the difference.
Having an appraisal come in low is of course just as upsetting to a seller. When something like a low appraisal comes from out of left field, it can leave everyone disturbed.
Considering what an impact a low appraisal can have on the home selling and home buying process, it is a good idea to educate yourself on what