Downsizing can be a challenge, especially if you're downsizing in a hurry! When the time comes to move from a larger home and buy a smaller Georgetown home, many homeowners have to get rid of items like extra holiday decorations, old books and extra pieces of furniture. Deciding what to get rid of, how to get rid of it, and how to do it in a hurry can be overwhelming. These tips can help.
1. Make a Rule, What Goes and What Stays
Making a rule that dictates what goes and what stays makes the sorting process easier. ...
Selling a vacation home is far different from selling a primary residence. If you're a home owner who would like to sell your vacation home, here's what you need to know about the tax implications and other details of selling a vacation property.
For informational purposes only. Always consult with...
A vacation home can be a practical purchase for a home buyer who spends a lot of time vacationing in one favorite area. Some vacation home owners even rent out their cabin or vacation home while they're not there, in order to pay for the second mortgage. However, buying a vacation home and buying a primary home are very different, and the financing for a second mortgage loan is different as well. This is what home buyers need to know.
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Home warranties come in all shapes and sizes, and home buyers need to understand theirs prior to closing if they want to be successful owners. From the HVAC system to the wiring, warranties keep new home buyers from having to pay for costly repairs out of pocket. Unlike home insurance, a warranty will cover parts of the property from wear and tear.
Warranties are excellent for homeowners who want to give themselves peace of mind, but warranties can be difficult to understand which can cause confusion when something actually happens. Keep...
Buying a new construction home can be an incredible thrill, but it can also be a time consuming, intimidating process. Many people who decide to buy a new construction home know little about the home-buying process and are unsure of where to begin. These tips can help buyers decide
For informational purposes only. Always...
Many homeowners want to handle home maintenance repairs themselves. After all, there are instances when doing so can save the average homeowner money and some repairs call for relatively easy fixes. However, the budget-minded homeowner does need to realize when it is best to call a licensed professional to address the problem.
Learn more about when to perform repairs yourself and when to seek professional help today.
Be Objective About the Project Requirements
There are plenty of projects which may be addressed by the average homeowner with rudimentary...
When searching for a new home to buy, many home buyers look for a good layout, nice lighting and lots of storage space. However, in all of the excitement of finding a new home, some people forget to watch for signs of a problem. Knowing the most common red flags can help a home buyer to avoid serious problems when purchasing a home.
Water Damage
Water damage can be indicative of many things, depending on where it's located and where it originates. Water damage on or near the...
Whether buying a new home or selling the current one, all prospective buyers should work with an experienced real estate agent. Having an agent is the best way for a buyer or seller to help themselves get the best deal regarding their home as well as make sure the process runs as smoothly as possible. However, it can be difficult for buyers and sellers to know what to look for in an agent, especially if they’ve never bought or sold a home before, so here are some of the different things to know when considering...
The majority of homeowners will face increasing energy bills from traditional utility companies in the years to come. The additional costs may not be offset by steps to improve a home's envelope, address drafts or reduce energy consumption. Rather, many have made the decision to find alternative sources of clean energy to supplement and even replace traditional sources, with more than 1.4 million homeowners who have decided to lease or buy residential solar panels....
Selling a home can be difficult, and when it comes to selling a fixer-upper, it can feel impossible. Fortunately, selling fixer-uppers is completely possible when the homeowner knows what they’re doing. For homeowners trying to get a leg up on the competition and help their fixer-upper home find a buyer, here are 5 essential tips and strategies to keep in mind.
1. Set a Lower Price
One of the big draws of fixer-upper homes is that ...
Moving is a big job that takes a lot of effort, and it can easily seem overwhelming to homeowners who aren’t ready for it. But just how does someone get all of their possessions ready to move to a new home without getting stressed out? Having a plan of attack can be extremely helpful to have in mind when getting ready to move, so here are five essential steps all homeowners should use when packing up for the big move.
1. Start Packing Before the Home is Sold
While it might seem a little premature to start packing before...
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Designing an outdoor kitchen will not only provide homeowners with a lovely area to spend their time, but it will also enrich their overall home experience. Furthermore, owing to its popularity in the world of design, a stunning outdoor kitchen may even increase the value of a home at the time of sale. If a homeowner has decided to create their own cooking area for al fresco dining and entertainment, here are top eight tips...
While some may call condominiums ‘overpriced apartments' or not consider them to be as ‘good' as a single-family dwelling, there are actually quite a few perks of condo living. In fact, there are a number of solid reasons to buy a condo, ranging from the quality of community life and amenities to their convenient location and potential as investments. Here are five condominium pros to think about before eliminating these types of homes as a potential option.
For informational purposes...
A lot of renters set their sights on homeownership. In fact, it's said that 80% of millennial renters in the United States plan to own a home someday. People who have always rented often have a hard time judging when it's time to buy. Purchasing property takes time, commitment and most of all, money. Knowing what's needed can help renters determine when they're ready to buy a house.
You'll Need Money Up Front
Renters who...
Savvy homeowners oftentimes look for ways of increasing a home's value, earning them a greater return upon sale. Improving a home's landscaping is one way to increase its value by helping to boost overall curb appeal, as well as improve homeowner enjoyment of the property. The trick is to create a practical balance that works for the people who live in the home. These ideas help homeowners maximize space and use of their yards.
Contrasting Landscaping and Hardscaping
Although...
USDA loans are special loans offered by the government for people who want to move out of the city and into the more rural towns and communities across the US. They're notorious for providing extreme financial incentives for families who may be struggling. Ultimately, the government wants to revitalize communities by tempting people to live in the great wide open. For those who don't mind living outside the city limits, it may be time to find out what it takes to secure one of these loans.
Minimum Requirements
There is no down payment required when it comes to a USDA loan because the government is backing the loan in case of...
A home showing doesn't have to have shock value to be memorable but that doesn't mean a seller shouldn't consider the ways in which they can make their home stand out. No matter how cookie-cutter a home may seem to the seller, there are ways to highlight its best features to encourage enthusiasm (and ultimately, better offers for the home.)
A Fresh Perspective
No matter what season the seller puts their home on the market, they'll need to make their home look as fresh as possible—starting with the outside. Flowerbeds, walkways, fences, yards, door stoops, and windows all need to be given the royal...
When it comes time to replace a home’s flooring, there are a multitude of different options that can suit all needs and preferences. However, it’s easy to get overwhelmed by high prices. For those who are working with a budget or just want to be budget-conscious, here are five affordable flooring options to spruce up any home to renovate or sell.
Installing Linoleum Flooring
For homeowners who want a floor that isn’t going to require special cleaning to keep it looking it best, linoleum may be a good choice. It’s sturdy and low maintenance, and it can even come in just about any style so it can look...
Homebuyers who make down payments less than 20 percent on a home often must purchase private mortgage insurance (PMI) before lenders will approve a home mortgage loan. PMI protects lenders from losing thousands of dollars if borrowers fail to make house payments and foreclose on their homes. Private Mortgage Insurance is also required if borrowers refinance mortgages that have less the 20 percent equity.
How Much Does Private Mortgage Insurance Cost?
Annual fees vary for PMIs from 0.3 percent to 1.5 percent of original loans. PMI costs also depend...
These days, it’s impossible to walk into any sort of store that sells electronics without seeing some sort of smart device for the home. From thermostats to refrigerators, if there’s a way to connect it to a smart phone, it can be found and purchased. For those who have trouble keeping up with technology as it moves forward at the speed of life, here are five essential smart devices for homeowners who may be looking to add value to their home or even improve their home's energy efficiency not know where to start.
Smart Thermostats
Everyone has been in a...
