Dave Tedoni's Blog
Believe it or not, curb appeal can make or break the home selling journey. If a house has a pristine front lawn, flawless siding and clutter-free walkways, it may make a positive first impression on potential buyers. And once buyers walk through this home, they may be ready to submit an offer to purchase the residence right away.
As a home seller, it generally is a good idea to do everything possible to boost your house's curb appeal. Lucky for you, we're here to help you enhance your residence's curb appeal so you can increase the likelihood of a fast, profitable property selling experience.
Now, let's take a look at three tips to help you transform your home's exterior from drab to fab.
1. Mow the Lawn
If tall grass and weeds cover your front lawn, you may want to give your lawn a makeover. Because if you mow the lawn, trim the hedges and perform other lawn care tasks, you may be able to bolster your lawn's appearance in just hours.
Of course, if you need expert lawn care assistance, professional landscapers are available. Landscapers can help you improve your lawn's appearance without delay.
2. Repair Cracked or Chipped Siding
If home siding is cracked or chipped, you may want to perform siding repairs. In some instances, you may be able to fill in minor cracks, chips or gaps in your home's siding on your own.
On the other hand, if your home's siding is old and beyond repair, you may want to hire a contractor to replace it. Get price quotes from several home siding professionals in your area. Then, you can determine which home siding professional can offer the best services at a price that matches your budget.
3. Remove Lawn Clutter
If you've decorated your front lawn with plastic flamingoes, lawn gnomes or other knick-knacks, you may want to remove them. By doing so, you can help buyers see the full potential of your house and allow them to envision what life may be like if they purchase your residence.
For those who have lots of lawn decorations, it may be beneficial to sell them at a yard sale or online. Meanwhile, if there are lawn decorations that you intend to keep, you may want to rent a storage unit for these items and other personal belongings.
As you search for ways to achieve the best-possible results during the home selling journey, you may want to hire a real estate agent too. If you have a real estate agent at your side, you can receive comprehensive guidance throughout the property selling journey. Plus, a real estate agent will respond to your home selling concerns and questions, ensuring you can make informed decisions as you navigate the property selling cycle.
Allocate time and resources to upgrade your house's curb appeal today, and you may be better equipped than ever before to enjoy a seamless home selling experience.
- Tool sheds are not an absolute necessity for most people, but they can be extremely helpful in protecting your yard equipment and keeping your property looking neat. If you own a riding mower, for example, there may not be space in your garage to store it. For those who own a backyard swimming pool, a shed can be very useful for storing pool chemicals, maintenance equipment, and pool toys. While a tool shed can set you back a few hundred dollars or more, getting one on your property will make your yard look nicer and keep your tools, chemicals, and machinery in a safer, more secure place.
- Many people are aware that a basement dehumidifier can remove excess moisture and help prevent the growth of mold. This is especially important if you're storing anything of value in your basement, such as old books, important documents, clothing, framed art, or collectables. Since basement humidifiers vary in price from a couple hundred dollars to well over $1,000, some homeowners postpone buying them. However, when you factor in the potential cost of mold remediation and having to throw away belongings that get damaged by moisture and mold, the cost is much more justifiable. If you're fortunate enough to have a dry basement with a humidity level of less than 50%, then a dehumidifier may be an unnecessary purchase. If you want to be sure, though, you can buy a cheap humidity gauge for $10 or $20 -- either online or at a local hardware store.
- A ceiling fan may seem like a frivolous expense for a screened in porch, but you'll be mighty glad you have one on hot, humid days! You might think that large window screens would provide ample circulation for an outdoor porch, but unless there's a breeze -- either natural or man made -- then that hot air will often just sit there and linger, much like a guest who has overstayed their welcome! A ceiling fan can pull that uncomfortable air away from you and stir up some much-needed circulation. Ceiling fans, which typically cost between $100 and $200 (plus installation) -- create both the look and feel of a cool, breezy environment. They also help reduce air conditioning costs inside your home.
If you recently bought a house, congratulations! Now, you just need to pack up your belongings, finalize your home purchase and relocate to your new address. You also may want to set up the following services prior to completing your move:
What good is a new house that lacks electricity? Fortunately, if you contact the electric company in your new home's city or town, you should have no trouble establishing electric services.
Typically, an electric company employs friendly, knowledgeable customer service representatives who will assist clients in any way they can. This means you can call the electric company in your new city or town, speak to a customer service representative and get the help you need to quickly set up electric services.
2. Cable and Internet
In many cities and towns, multiple cable and internet services providers are available. And if you allocate time and resources to review all of the options at your disposal, you may find a quality, affordable company for cable and internet services.
As you evaluate cable and internet services providers in your new city or town, don't forget to ask lots of questions. By doing so, you can find out what types of services are available, as well as the prices associated with these services.
Try to get several quotes too. If you receive multiple quotes, you can decide which cable and internet services provider offers the best value.
Learn about how you pay for water in your new city or town prior to moving day – you'll be glad you did. That way, you can contact your new water provider in advance and ensure that you will have water available as soon as you arrive at your new house.
When it comes to completing a home purchase, many challenges can make it tough to achieve the best-possible results. But if you employ a real estate agent, you can receive extensive support at each stage of the property buying journey.
A real estate agent can offer recommendations to help you establish essential services at your new home. He or she may even be able to put you in touch with the best services providers in different cities and towns and help you find the best deals on various services.
Furthermore, a real estate agent is happy to help a homebuyer discover the perfect residence, at the right price. Before you kick off a home search, a real estate agent will learn about you and your homebuying goals. He or she next will help you establish homebuying criteria and hone your house search. Best of all, a real estate agent will set up home showings and keep you up to date about open house events, enabling you to find your ideal residence in no time at all.
Want to remove the guesswork commonly associated with finishing the homebuying journey? Hire a real estate agent, and you can get the support you need to enjoy a fast, seamless and stress-free property buying experience.
You may have heard of private mortgage insurance, also known as PMI, but you’re probably not sure what exactly it is. If your down payment is less than 20% of the purchase price of the home, then you’ll need to pay for this additional insurance in order to secure a loan for the home. This type of policy protects the lender if you end up in a foreclosure situation. This way, the lender is assured that they will not lose money.
Private mortgage insurance is also required if you refinance your home when it has accrued to less than 20% equity. Again, this protects the lender from losing money if the loan is defaulted on.
The fees involved with private mortgage insurance can range based on a few factors including the actual size of the down payment and your credit score. You can expect the cost of the insurance to be somewhere between 0.3% and 1.5% of the loan amount per year. The PMI premiums are tax deductible some years and other years they are not. It really all depends upon the state of the government and what they have enacted for the particular fiscal year. Private mortgage insurance premiums can be paid either monthly or with a large payment upfront, although most policies will require the borrower to pay on a monthly basis.
This Insurance Can Be Canceled
The lender will automatically cancel your PMI once the loan drops down to 78% of the home’s value. For this reason, you’ll want to keep track of your payments in order to see how far away you are from shedding this monthly fee. When your loan is paid down to 80% of the home’s original value, you have the right to ask your lender to discontinue to insurance premium payments.
What Is The Loan-To-Value Ratio?
This ratio is the amount of mortgage debt in the form a percentage based on how much the home is worth. It’s calculated by the following formula:
Amount owed on the mortgage/Appraised value
This is an important factor when it comes to matters of PMI insurance, as it’s how the required loan payment percentages are calculated. If a home is worth $100,000 and $80,000 is still owed on the home, the loan-to-value ratio is 80 percent. This means the borrower can request the insurance be cancelled.
FHA Loans Have Different Requirements
If you secure an FHA loan, they require the payment of PMI premiums for the entire life of the loan. You can’t exactly cancel these insurance payments but you can refinance the loan in order get rid of the insurance. This means that you will no longer have an FHA loan.
Private mortgage insurance can be a nuisance, however as a first-time homebuyer with little capital, the fees may be worth it when you’re able to secure your first home.