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 03, 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.
Monday, April 01, 2019 / by Amy McLeod
If you're a homeowner who takes pride in staying on top of interior design trends, you've no doubt been busy lately. High-end kitchen island? Check. Living wall in the living room? Sure thing! And you've most certainly got a Chip and Joanna Gaines-inspired farmhouse sink or shiplap lurking somewhere, too.
Sorry to break it to you ... but those trends are très passé. The rest of the world has moved on, and they're decking out their homes with way hipper stuff than that.
Relax, your friends at realtor.com are here to help! Just feast your eyes on four of the hottest, hippest home trends we've seen lately.
Kitchen islands with beds
Kitchen island with bed
Kitchen islands have been getting bigger and more souped up than ever. This so-called "hub of the home" can now incorporate sinks, ovens, breakfast bars, charging stations, and far more. But let's be honest here: Al ...
Monday, March 25, 2019 / by Amy McLeod
According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $3,143 this year when filing their taxes. This is down slightly from the average refund of $3,436 last year.
Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals. For anyone looking to buy a home in 2019, this can be a great jump start toward a down payment!
The map below shows the average tax refund Americans received last year by state.
Many first-time buyers believe that a 20% down payment is required to qualify for a mortgage. Programs from the Federal Housing Authority, Freddie Mac, and Fannie Mae all allow for down payments as low as 3%. Veterans Affairs Loans allow many veterans to purchase a home with 0% down.
If you started your down payment savings with your tax refund check this year, how close would you be to a 3% ...
Wednesday, December 26, 2018 / by Amy McLeod
While this is the season for giving and receiving, frozen pipes are one gift you don’t want. If you're a homeowner living in a cold climate, you're likely aware of this type of threat, but do you know what to do if your pipes freeze? Given the financial risks involved here, this is something you should know about.
Here are the signs that your pipes may be frozen—and what to do if they are.
How to determine if your pipes are frozen
The most obvious sign that you have frozen pipes is the absence of water (assuming you’re not delinquent on your water bill).
“Frozen water pipes won't deliver water to the sink, tub, or toilet—and blocked heating pipes will prevent hot air from reaching radiators that are past the part that's frozen,” says Mary Redler, vice president of Polo Plumbing & Heating in Lindenhurst, NY.
Ways to defrost your pipes
If you have frozen pipes that are undamaged, Redler says you may be able to defr ...