Wednesday, April 24, 2019 / by Amy McLeod
According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase their new home’s value!
Realtor.com’s Chief Economist, Danielle Hale, pointed to low-inventory at the entry-level price range for the increase in willingness to renovate.
“The combination of rising home prices and limited entry-level homes for sale is prompting many home shoppers to consider homes that need renovating.
Replete with inspiration at their fingertips – like Pinterest, Instagram, and various home renovation TV shows – some home shoppers are comfortable tackling home renovation jobs to find a home that balances their needs with their budget.”
Just over half of all respondents who said they ...
Wednesday, April 17, 2019 / by Amy McLeod
Ever wonder what could keep a home from selling? Just ask a listing agent. They've seen some doozies.
Listing agents, as the professionals who help prep a home for sale, are often tasked with telling home sellers why their house might not sell in its current condition. It's a tough job, but it sure beats saying nothing and then watching a home sit indefinitely.
While most corrective tweaks are small—say, a fresh coat of paint or a solid decluttering—sometimes the things that stop a home from selling take everyone by surprise. Here are a few that listing agents have dealt with, and the solutions that saved the day.
1. The 'green monster'
Seth Lejeune, real estate agent with Berkshire Hathaway in Collegeville, PA, coined this phrase to describe a "horrendously colored hunter-green carpet” in his home seller's living room. This home had already been listed once with another agent with no offers; Lejeune was quite sure this carpet was the culprit ...
Wednesday, April 10, 2019 / by Amy McLeod
Mortgage interest rates are a mystery to many of us—whether you're a home buyer in need of a home loan for your first house or your fifth.
After all, what does “interest rate” even mean? Why do rates swing up and down? And, most important, how do you nab the best interest rate—the one that’s going to save you the most money over the life of your mortgage?
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Here, we outline what you need to know about interest rates before applying for a mortgage.
Why does my interest rate matter?
Mortgage lenders don't just loan you money because they’re good guys—they’re there to make a profit. “Interest” is the extra fee you pay your lender for loaning you the cash you need to buy a home.
Your interest payment is calculated as a percentage of your total loan amount. For example, let’s say you get a 30-year, $200,000 loan with a 4% interest rate. Over 3 ...
Monday, April 8, 2019 / by Amy McLeod
Home cooking is the best ... except when the smell of your curry dinner lingers for days (or weeks?) after you've finished the meal.
The truth is, cooking at home can result in a potpourri of stubborn odors in your kitchen. After a while, the rich aroma of roasting lamb can curdle into the stale stench of fatty mutton.
So how can you 86 all these lingering cooking smells? For starters, turn on the range hood fan right off the bat, to ventilate your kitchen while you cook. And we highly advise against lighting scented candles, which will just add another heavy layer of odor. Instead, try one of the following methods, which have been proven to banish stinky cooking smells quickly.
1. Slow boil a simmer pot
The head chef of HelloFresh, Claudia Sidoti, combats icky odors after she cooks with a simmer pot of several aromatic blends based around citrus, which cuts through unpleasant smells.
She combines the ingredients—either 1) orange, c ...
Wednesday, April 3, 2019 / by Amy McLeod
Just because you have a septic system doesn’t mean you need to be an expert on it. But the real septic experts wish you knew at least a few things. And not just for their sake, but for yours. A little knowledge can go a long way toward preventing massively expensive (and massively gross) issues down the line.
We talked with the pros who service septic systems every day to dig up the most important dirt you need to know.
1. Know how your system works (please)
“What you have in your backyard is your very own water disposal plant,” says Kim Seipp, who owns High Plans Sanitation Service, in Strasburg, CO, with her husband. “When you live in the city, [your waste] goes away and you don’t think about it. It goes to a municipal plant and all kinds of great things happen to it. With a septic system, all that happens in your backyard.”
To give you the basics, everything that goes into your tank naturally separates into three layers.