Avoid These 6 Deplorable Curb Appeal Decisions If You Want to Sell Your Home

Source: Realtor.com (Angela Colley)

It’s difficult to put a dollar value on your curb appeal. No one can quite agree on exactly what you’ll get for slaving away in the front yard a few weekends before you put your home up for sale.

Some estimates claim that a well-landscaped lawn could increase the value of your home by 5% to 20%. But other return on investment estimates are even larger—anywhere from 100% to even a whopping 1,000%. Whoa!

Doesn’t it make you want to break out the gardening gloves and hop to it? Good! Because if you skip bumping up your curb appeal before putting your home on the market, the only person who shows up to your open house might be your real estate agent.

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What Is a Lien? An Unpaid Debt That Could Trip Up Your Home Sale

Source: Realtor.com (Angela Colley)

One of the most common conditions that can slow down a real estate transaction is known as a lien. So what exactly is a lien? In general, it’s a legal notice that’s put on file as a consequence of an unpaid debt. When creditors want you to know they mean business, they may choose to take legal action by placing a lien on your biggest asset, your home.

A lien, or debt, can feel like a huge black spot on your record, but there’s no need to panic. In the real estate world, they’re much more common than most buyers and sellers realize. Read on for your must-know guide to resolving the issue and moving forward with the sale.

What is a lien?

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Remodeling Your Kitchen? The Most Popular Appliances, Finishes, and Flooring

Source: Realtor.com (Clare Trapasso)

A lack of homes on the market coupled with soaring real estate prices is leading more homeowners to make the most of their current abodes, particularly the kitchens. And why not? It’s often less stressful, and sometimes even more cost-effective, than getting baited into a bidding war over one of the few good properties for sale.

About 10.2 million households, or a little less than 10% of all American households, had kitchen remodeling or replacement work done in 2015, according to a recent report from the National Kitchen & Bath Association. About half, 48%, of what they spent on kitchen remodeling projects went toward new cabinets and appliances.

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Avoid These 6 Major Mistakes People Make When Hiring a Mover

Source: Realtor.com (Holly Amaya)

Let’s get real: Moving is stressful. And when you’re busy finding a new place to live, selling your current home, and then packing up your entire life, selecting the crew who will move your stuff is likely last on your to-do list. That’s ironic, because you’ll be entrusting them with all your life’s possessions.

Even if you manage to hook up with The Most Amazing Moving Company Ever, we can’t promise bad stuff won’t happen. But you can prevent some unnecessary duress if you have the right team in place. The process starts by schooling yourself in what not to do. Read on for the top mistakes people make when hiring a mover.

1. Waiting too long

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Does Homeowners Insurance Cover Termite Damage? The Answer Might Bug You

Source: Realtor.com (Margaret Heidenry)

Termites eat 24/7, and if they’re in your walls or foundation, your home is basically the insects’ all-you-can-eat buffet. Of course, there’s no such thing as a free lunch—that banquet comes at a major cost to homeowners. According to the entomology department at the University of Kentucky, termites cause billions of dollars in damage a year. The worst part is, you usually don’t know they’re eating your home until it’s too late, leaving you to wonder—does homeowners insurance cover termite damage? (Spoiler alert: You won’t like the answer.)

Termite damage and home insurance

“Homeowners insurance does not cover damage from insects, whether it’s from termites, bed bugs, or another infestation,” says Stacey A. Giulianti, a lawyer in Boca Raton, FL. In general, that’s because homeowners insurance doesn’t cover any damage to a property that is “preventable.”

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What’s Old Is New Again: Why Townhouses Are the Latest ‘It’ Homes

Source: Realtor.com (Lew Sichelman)

townhouses-rays2

Recent waves of outside-the-box ideas in housing have brought us teeny-weeny homes, converted shipping containers, prefab modern palaces, and co-housing apartments with luxe perks for millennials.

But the latest “it” homes with builders and buyers have actually been around since the 19th century.

Townhouses, those classic rows of attached single-family homes that are a fixture in American cities and suburbs alike, got a second wind in the 1960s. That’s due to folks scooping up these existing, and often inexpensive, older abodes as they moved back into the big cities. And now the lovechild of a condominium and standalone house is back again and hotter than ever with both buyers and builders.

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Common Questions from First-time Homebuyers

Source: HUD.gov

  1. Why should I buy, instead of rent?
    • Answer: A home is an investment. When you rent, you write your monthly check and that money is gone forever. But when you own your home, you can deduct the cost of your mortgage loan interest from your federal income taxes, and usually from your state taxes. This will save you a lot each year, because the interest you pay will make up most of your monthly payment for most of the years of your mortgage. You can also deduct the property taxes you pay as a homeowner. In addition, the value of your home may go up over the years. Finally, you’ll enjoy having something that’s all yours – a home where your own personal style will tell the world who you are. Continue reading