Do You Need a Permit for That Home Renovation?
Whether you take on a home improvement project solo or hire a professional, it’s important to make sure all the bases are covered before you even get started. If you forget to obtain the right permits, you risk breaking municipal building code. Yes, permits can cost from about $200 to somewhere in the low thousands, depending on the project. But …
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Don’t Forget These Home Inspections Before Buying
While a general home inspection should always be performed prior to purchasing any home, it may not cover some of the finer details. Here are types of home inspections you’ll want to make sure you have done before making your final decision: Asbestos Although there are home asbestos-testing kits, it’s best if you have a licensed inspector collect fiber samples …
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Getting the Best Mortgage Possible
When looking to purchase a new home, of course you’ll want to ensure you’re getting a great property for a great price. Why not apply those standards to shopping for a mortgage? There are countless lenders out there, and that means you shouldn’t settle for a mediocre loan. Here are a few tips on how to find the best possible …
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Choosing the Right Buyer’s Agent
Do your research Check your state’s real estate licensing board for any complaints filed against an agent you are considering working with. Ask for testimonials to gauge client satisfaction. If you can, ask for the contact information of a past client. This could provide you with a valuable opinion on whether or not this real estate agent is the …
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Reasons to Remodel
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- December 22, 2015
The National Association of Realtors released a new annual report earlier this week called the 2015 Remodeling Impact Report, which examines the results of remodeling for both realtors and homeowners. This report is the first of its kind, and shows how strategic remodeling projects can have a significantly positive impact on home equity— and even bring in more offers! Below …
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Buying a Home in the Winter?
While the real estate market starts to heat up around the spring season, it’s not the only time to find a new home. Here are some surprising reasons why you may want to reconsider putting your search on hold until the warmer months. You might get a better deal The average rate of price increases for homes in the US …
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How the Federal Reserve’s Rate Hikes Will Affect Real Estate
In a move that has been anticipated by Wall Street for months, the Federal Reserve Open Market Committee finally announced that the Federal Funds interest rate will be raised 0.25%. The rate had been at 0% since 2008, a decision that was made in the midst of the recession in order to stabilize the economy. Some anticipate the Fed has …
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Financing a Home The Right Way
Determine a Price Range Decide what kind of mortgage you can afford, and stay as realistic as possible. Yes, owning a home is an investment—but it’s only a smart investment if you spend what you can afford now. Manage Debt Mortgage lenders typically look for those with debt less than 35 percent of their annual income. In order to qualify …
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How to Prepare for a Home Inspection
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- December 10, 2015
When preparing to sell your home, a property inspector will need to conduct a home inspection in order to assess value. If you can, attend the inspection yourself– and don’t be afraid to ask questions! Below are some tips to make sure nothing important gets overlooked. Remember, the details matter, too. Outdoors Clean out gutters and any debris that has …
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California Smoke Alarm Requirements
Here are the current requirements regarding smoke alarm installation in California, from the California State Fire Marshal. For more details, see the bulletin here– and stay safe by using smoke alarms to protect you and your family from house fires! Where are smoke alarms required? In each sleeping room Outside of each sleeping room On each floor Where are smoke …
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