Showing posts with label home buyer. Show all posts
Showing posts with label home buyer. Show all posts
Friday, January 23, 2015
5 Questions To Ask Yourself When Shopping For The Best Loan
1. How long will I own this property?
(The shorter the stay the more you should search for minimal closing costs at the cost of a slightly higher rate).
2. Is there a type of loan that makes me feel most comfortable?
Some people want to know that their payment (P&I) will never change (fixed rate).
3. Does it matter to me who services the loan (where and to what group am I making my monthly payment)?
4. If given the choice, do I want to do my own escrow accounts or would I prefer the lender handle this matter?
5. Do I want a "brand name" lender (one I know) or am I willing to try a company that's new to me?
Monday, January 12, 2015
7 Questions A Buyer Should Ask An Agent Prior To Making Their Agent Selection
1. What are your company's resources, support staff and network affiliation?
2. What is your company's history and track record in helping buyers? (ex: How
many buyers did your company serve last year?)
3. What checklists and systems does the agent have to help you, the buyer, stay
on track?
4. Does the agent have information to help you find the best lender, including the
"Home Loan Application Checklist" and "14 General Questions To Ask All
Lenders".
5. Is the agent offering you a choice between customer and client level service?
6. Is the agent offering traditional level service only or do they have an upgraded
home buying system?
7. Does your agent appear trustworthy, caring and committed to helping you reach your goals?
The above checklist is for informational purposes only & is not a substitute for legal, tax or other professional assistance.
Sunday, January 11, 2015
4 Guidelines For Every Homeowner Trying To Fix-Up Their Property To Sell
1. Cost doesn't equal value.
If you finished off your basement six months ago for twelve thousand dollars, said improvement doesn't necessarily add twelve thousand dollars of value in the eyes of the buyer.
2. Put your money where buyers will see it.
Examples of good returns might be a fresh coat of paint and sprucing up your front door and entry way. Don’t expect to get as good a return on insulation or new wiring.
3. Don’t over improve!
The addition of a fifth bedroom to a house in a subdivision of 3-4 bedroom homes may not give you the return you would like. Use typical improvements for your area as a guide.
4. Most quality home improvements cause a property to sell quicker but not necessarily for more money.
A timely sale will lessen the carrying costs and stress. Don’t underestimate the overall value of "smart" improvements.
The above checklist is for informational purposes only & is not a substitute for legal, tax or other professional assistance.
Labels:
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Wednesday, January 7, 2015
4 Characteristics Of Value Every Seller Should Remember
1. DEMAND
Demand is in the eye of the beholder. It varies from person to person. The demand for a particular piece of real estate changes as the wants of each individual change.
2. UTILITY
In order for real estate to have value it must have usefulness or utility.
Usefulness creates a desire for possession and has the power to give satisfaction. Will the typical buyer in the marketplace have their needs met by purchasing your home?
3. SCARCITY
In order for real estate to be of value it must be relatively scarce. If too many houses like yours are for sale, it will negatively impact the value of your home.
4. PURCHASING POWER
Purchasing power is created by desire. Can the buyer who desires the property afford the property? The more people that can afford the property, the better.
The above checklist is for informational purposes only & is not a substitute for legal, tax or other professional assistance
Tuesday, December 23, 2014
Caution ALL Home Sellers…..
Avoid Taking Advice
From People Who….
(My Top 10 List of People Whose Advice You Should Avoid When
Selling Your Home)
Avoid people who:
1.
Don’t
know YOUR marketplace
2.
Haven’t taken time to thoroughly inspect your
property
3.
Don’t know your circumstances in DETAIL….goals, timeline,
motivation, etc..
4.
Like or love you, but don’t approach your
situation objectively or knowledgeably
5.
Will tell you what you want to hear but don’t have
the facts or data that will help you make a more realistic decision.
6.
Will always have a better DEAL you could have or
should have gotten.
7.
Talk too much…but never seem to listen. If one doesn’t
really know your problem, how can they have the BEST solution?
8.
Always bad-mouth others but bring nothing
concrete to the table themselves.
9.
Can’t show you a logical, detailed action plan
that addresses your situation.
10.
Have no proven track record for results
comparable to those you want or need.
The above checklist is for informational purposes only &
is not a substitute for legal, tax or other professional assistance.
Friday, December 12, 2014
FIRE SAFETY TIPS FOR THE HOLIDAYS
Each year, fire departments respond to an average of 210 structure fires caused by Christmas trees.A small
fire that spreads to a Christmas tree can grow large very quickly.
Below are some tips from the National Fire Protection Association (NFPA.org)
Picking the tree
- If you have an artificial tree, be sure it is labeled, certified, or identified by the manufacturer as fire retardant.
- Choose a tree with fresh, green needles that do not fall off when touched.
Placing the tree
- Before placing the tree in the stand, cut 1" - 2" from the base of the trunk.
- Make sure the tree is at least three feet away from any heat source, like fireplaces, radiators, candles, heat vents or lights.
- Make sure the tree is not blocking an exit.
- Add water to the tree stand. Be sure to add water daily.
Lighting the tree
- Use lights that have the label of an independent testing laboratory. Some lights are only for indoor or outdoor use, but not both.
- Replace any string of lights with worn or broken cords or loose bulb connections. Connect no more than three strands of mini string sets and a maximum of 50 bulbs for screw-in bulbs. Read manufacturer’s instructions for number of LED strands to connect.
- Never use lit candles to decorate the tree.
- Always turn off Christmas tree lights before leaving home or going to bed.
After Christmas
- Get rid of the tree when it begins dropping needles. Dried-out trees are a fire danger and should not be left in the home or garage, or placed outside against the home. Check with your local community to find a recycling program. Bring outdoor electrical lights inside after the holidays to prevent hazards and make them last longer.
Monday, December 8, 2014
Crime Prevention Tips for the Holidays

- If you are leaving town - contact your local police department for a vacation check (an officer will stop by daily and check on the exterior of the residence for any evidence of crime)
- Use Lights/ Radios on a timer
- Keep Christmas Gifts out of view from windows
- Do not set boxes from high priced items at the curb for trash pickup (break the boxes down and put them in a black trash bag)
- When shopping do not overload your car with gifts - put them in the trunk out of sight.
- Keep purses secured to your person (don't leave them in shopping carts or in your vehicle)
- Never leave your car unattended with the engine running, even quick stops such as the bank or gas station
- Do not make online purchases on insecure sites.
- Check your accounts often to make sure there is no fraudulent activity
- Investigate Charities prior to donating
- Mail cards with money or gift cards from the Post Office
- Check on Elderly Neighbors
- Buckle Up!
- Report ALL suspicious activities, persons or vehicles to your local police department.

Labels:
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Location:
Chesterfield, MO, USA
Saturday, December 6, 2014
Use Energy Wisely
30 Hot Tips for Using
Energy Wisely
Hot Tips on
Home Heating from Laclede Gas
1. Attic
insulation could be your best investment. It lowers the cost of both heating
and cooling.
2. Be sure
to keep your fireplace damper closed when the fireplace is not in use.
3. Service
the central heating system before the heating season begins to ensure that the
flues are not blocked and the burners are working. Regular checkups will keep
your furnace operating safely and efficiently.
4. Start
the heating season with a clean furnace filter and each month inspect, clean
and replace it as necessary to improve efficiency during both the heating and
the cooling seasons.
5. Install
storm doors and windows to help prevent heat loss. Weather stripping and
caulking block cold outside air.
6. Seal off
unused rooms by closing the registers and keeping the doors shut tightly. Do
not, however, seal off more than one-fifth, or 20%, of your total living space
because your furnace may not operate properly.
7. Keep
your thermostat low. Each extra degree adds about 4% to 5% to your heating
bill. When you leave for the day or over the weekend, lower the setting about
5?. For longer absences, lower the thermostat to 55? (but don’t set it lower
because your pipes may freeze).
8. A
programmable thermostat is a wise investment because it helps keep the
temperature lower automatically while you are sleeping or gone for the day.
9. Don’t
place furniture in front of heating registers.
10. If
radiators are near cold walls, place aluminum or aluminum foil between walls
and radiators to reflect heat back into the room.
11. Open
draperies on sunny days to allow sunlight to help heat your home. Close them at
night to help keep out the cold.
12. Encourage
children not to run into and out of the house unnecessarily.
Hot Tips on
Cooking
13. Preheat
the oven only when necessary (when you bake cakes and quick breads). The
broiler needs preheating only for rare steaks.
14. Plan to
bake several dishes at the same temperature when possible.
15. Do not
block oven air passages with aluminum foil or oven liners. Poor air flow can
cause uneven baking.
16. Thawed
foods cook faster.
17. On top
burners use the smallest flame possible. The flame should never exceed the
pan’s width.
18. Water
boils faster in covered pans.
19. Cook
vegetables in small amounts of water. Avoid overcooking, which reduces
nutritional value.
20. Clean
ovens and cook tops operate more efficiently.
21. If the
burner flame is yellowish instead of blue, clean the burner with soap and
water. A blue flame is more efficient than a yellow one. (Note: Some aerosols,
such as nonstick cooking sprays, may cause the flame to appear yellow. In such
cases the yellow flame does not affect the burner’s efficiency.)
Hot Tips on Hot Water
22. A water
heater setting of "Normal "
or "Low" is usually sufficient.
23. Take showers;
they use less hot water than baths. Also, avoid running hot water unnecessarily
during hand washing or shaving.
24. Wash
full loads in dishwashers and washing machines.
25. Repair
leaky faucets; constant dripping adds up to gallons of wasted hot water.
26. Use the
right-size water heater; heating an oversized tank of water wastes gas. By the
way, heating water is the second-largest use of energy next to heating a house.
Savings on hot water can be significant.
Hot Tips on Drying Clothes
27. Dry a
full load each time but avoid overloading.
28. Clean
your lint trap before each load to improve dryer efficiency.
29. Don’t
over dry, which can ruin delicate clothing and waste gas.
30. Consider
line-drying clothing inside during the wintertime. You will add humidity to
your home, which can make you more comfortable, and use less gas.
Labels:
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Thursday, December 4, 2014
Become a Smart Buyer
5
Simple Steps To
Becoming
A “Smart” Buyer
Step 1. Look at rent vs. buy
to decide if there are enough benefits to YOU to buy. Look at your goals,
timetables and desired lifestyle.
Step 2. Select a professional
real estate agent to help you with information, knowledge and a road map
through the maze.
Step 3. Have your agent do an
in-depth “needs analysis” for you. By specifically writing down your wants,
needs, goals, timetable,etc., all parties will be more focused.
Step 4. Get financially
pre-qualified and/or pre-approved. This will help you save time, energy, effort
and money in the home buying process.
Step 5. Look at your
marketplace objectively. View properties and analyze data with an open, but critical
mind. Your agent should be a big help in keeping you on track.
The above checklist is for
informational purposes only & is not a substitute for legal, tax or other
professional assistance.
Wednesday, December 3, 2014
6 Truths About Today’s Marketplace That Every Home Seller Needs To Know
Truth #1: Buyers buy after “shopping around”. In their search for the best buy they are comparing your property to the others currently on the market.
Truth #2: Sellers control the pricing and saleability of their homes but buyers control VALUE. A property is worth what the market (buyers) will pay.
Truth #3: If a property sits on the market for more than a few weeks it gets shop worn (stale... like an old donut). Price it right in the beginning while it is fresh and buyer interest is at its peak.
Truth #4: Most properties must be sold three (3) times...
Truth #5: What it means if...
Truth #6: Overpriced properties actually help well-priced properties sell.
The above checklist is for informational purposes only & is not a substitute for legal, tax or other professional assistance.
Truth #2: Sellers control the pricing and saleability of their homes but buyers control VALUE. A property is worth what the market (buyers) will pay.
Truth #3: If a property sits on the market for more than a few weeks it gets shop worn (stale... like an old donut). Price it right in the beginning while it is fresh and buyer interest is at its peak.
Truth #4: Most properties must be sold three (3) times...
- First...to the real estate agents who have the buyers. If they don’t see it as a decent value, they may not show it.
- Second... to the buyers. If they don’t see it as an attractive offering, they’ll look elsewhere.
- Third... to the lender who will make the loan and the lender’s appraiser. If this group doesn’t see the value... no loan.
Truth #5: What it means if...
- No showings: Agents don’t see your offering as worthy of showing to their buyers. Or, buyers themselves aren’t interested enough to look.
- No Offers: Buyers don’t see enough value to even negotiate or try to buy.
Truth #6: Overpriced properties actually help well-priced properties sell.
The above checklist is for informational purposes only & is not a substitute for legal, tax or other professional assistance.
Labels:
buyer,
home buyer,
home seller,
homes,
market,
need to know,
real estate,
realtor,
seller,
today's market
Location:
United States
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