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Real Estate Blog

http://www.clker.com/cliparts/5/7/S/V/5/Q/condos-th.png Buying a Condominium Takes Detective Work!   http://www.clker.com/cliparts/8/9/4/4/12588839742064021962bitterjug_Magnifying_Glass.svg.med.png       

There are many reasons someone may think about buying a condo. They can be more affordable.  Maybe you don’t want to worry about yard work or maintenance.  However, if you are thinking of buying a condo then you need to make sure you consider the following.

http://www.clker.com/cliparts/l/I/y/G/S/d/bank-building-with-euro-sign-md.pngFirst thing’s firstwhat financing can you get?

When you are buying a condo, there are some additional items you need to look at in addition to the regular ones such as home insurance, home inspection, and allowed mortgages.  Yes, I said “allowed mortgages.”  For instance, if you have an FHA mortgage you have to make sure the condominium complex is FHA approved.  FHA certification is only good for 2 years.  Currently, there are only 2

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Stair cases often complain that they are neglected when it comes to design.  Even stairs want to be noticed.  There are many ways to add a little dash of design to this indespensable aspect of our homes. They get us up and down, from one floor to another.  Now they deserve a little respect for all they do. Check out these ideas for upgrading your staircase!

The stairs themselves can be upgraded with a fresh coat of paint (who says they all have to be the same color?)  to putting runners up the stairs.

 

Then there is the wall/s that go up along the stairs.  Decorating those with family photos, or art work utilizes the space and draws your eye up.

Then there is the hand railing.  That can be painted or swapped up for rope for a

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Have you ever thought about owning a rental property?  There is a lot of work involved that may be daunting as a first-time investor.  Let’s take a look at 10 things to consider when you are looking for income properties.

Start Your Search

The most important thing to remember is to take an unbiased approach to all the properties and neighborhoods within your investing range. Don’t let yourself get emotional about this decision.

Your investing range will be determined by whether you intend to actively manage the property as a landlord or hire someone else to manage it for you. If you intend to manage the rental on your own, you should not get a property that’s too far away from where you live. If you are going to get a company

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When I was growing up my parents invested in real estate.  They would buy a home and then the whole family would go in and clean it up so we could sell it.  We never did find any treasure in the rubbish like my little mind was imagining at the time. I didn't know that what we were doing at the time was called "flipping" a house.  I don't know if my parents had any one giving them advice or not, but here I am 30 years later with a review of a great article from Realtor.com on 6 mistakes you don't want to make when doing an investment flip. I hope it helps.

First, get a home inspection.   First, get a home inspection.  First, get a home inspection.  Did I mention, get a home inspection?  Oh, I guess so.  Get a home inspection.  They say repetition,

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What Is A Mortgage Anyway?

If you've ever asked yourself, "What IS a mortgage and what's so important about it?"  Here is a brief overview to help you out.  Simply put, a mortgage is a loan for a house. Houses are expensive, and most people don't have $200,000 in cash laying around.  That $200,000 house is about the median value of homes in the United States currently. When you borrow money for a house, you are most likely going to need to use a mortgage. There are many different banks that will finance a house for you (give you a mortgage) which is why you should shop around.  There are also government backed programs that allow for low down payments to help encourage home ownership. So, if you don't have money saved for a down payment - there is help

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If you're wondering what the housing trends for Fall 2016 are; here are just a few.

The current lack of homes for sale is going to continue.  Fall is a time of the year where home sales start to slow down.  People are thinking about Thanksgiving and Christmas already.  The cold weather can discourage some people too. This can be a benefit as a buyer, however.  If there are less people looking for houses, that boosts your chances as a buyer.  

Housing economists say builders need to construct more houses, but that's a long-term solution because having to go through the construction process takes time. We have quite a few new homes being built around the Tri-Cities.  So, if you aren't in a hurry to move, this may be a great choice for you.

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Peace of Mind on Vacation Checklist: 

Did you remember to lock that patio door? Who was in charge of getting the newspaper and mail delivery stopped?  Don’t let nagging doubts about the security of your home rain on your vacation.  Print out this checklist to make sure your security strategies will stay in force even when you’re away.

Þ Don’t discuss your travel plans in public places.  A stranger could overhear you, follow you home to see where you live, and then return when you’re on vacation.

Þ Stop your mail, newspaper and other deliveries.

Þ Arrange to have your lawn mowed (or snow shoveled) while you’re away.  Ask a neighbor to set out your trash on collection day and then retreive empty cans and recycling bins the same day.

Þ Leave a

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Here are 2016 Design Trends 4 & 5:  Digitized Manufacturing & Reclaimed Wood Floors

Why it’s important: Sustainable materials such as glass, in conjunction with new manufacturing technologies, are expanding the choice of colors, textures, and sizes of materials available for home design. At the same time, 3-D manufacturing, what some call the third industrial revolution, has created a new panoply of readily available, prefabricated materials as an alternative to more expensive custom choices, says architect Cecil Baker, founding partner of Cecil Baker + Partners in Philadelphia. One example Baker cites is a new manufactured technology for glass, which makes it possible to incorporate patterns and etched surfaces directly into the glass. This new

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Ok, so it was more than a week....but here are 2016 design trends number 2 and 3 - More Affordable Classics and Drought Awareness:

Trend #2: Classics, Made More Affordable

Why it’s important: More home owners want quality, luxurious materials, but the finest choices aren’t always in the budget, says architect Michael Prifti, principal with BLT Architects in Philadelphia. “Home owners seem to prefer stone, for example, over brick, over clapboard, and over vinyl, but not everyone can afford stone,” he says. With construction and material costs increasing, the need has emerged for less expensive options that still look luxe and hold up well. For example, instead of solid stone facades, architects may opt for stone veneer on studs and drywall instead of

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Design trends are just that.  Trends.  We all know that trends come and go, even in real estate. I'll be telling you about a few of the top 2016 trends reported by Barbara Ballinger in REALTOR Magazine and how they may affect real estate choices. I'll add a new trend each week so be sure to check back!

More Resilient, Sustainable Homes

Why it’s important: Mounting climate change pressures mean buildings need to better withstand natural disasters. Similarly, because our natural resources are dwindling, it’s increasingly important that structures be designed and built sustainably. Industry professionals are finding materials and construction techniques to meet both challenges. The Fortified Home Certification standard—created by the Insurance

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