Danny Resendes' Blog
You and your family spend the most time in your living room. This is a great place for conversation, relaxing, and fun. The place where the family gathers often should also be a place of safety and security for everyone. Every nook of the room should be covered from the floors to the furniture to the fireplace. You can improve the safety of your living space without sacrificing on the style of the space. A safe living space is all part of a safe home.
Be Cautious Of Fires
Fire safety should be a top priority when it comes to your living space. Especially if you have young kids or pets in the home, you’ll need to make sure that little hands and paws cannot get anywhere near fireplaces, candles, or burning incense. Accidents can happen in a matter of seconds with these items. Use baby gates to block off certain areas near the fireplace to keep children and pets away. Burn candles in places that are out of the reach of little hands. Also, anything that’s burning should be secured and unable to be knocked over.
Be Mindful Of Cords
Cords sprawled throughout the living room can spell disaster. These can lead to tripping, electrocution risks, and an overall mess. Use clever ways to keep cords organized and out of sight. You can buy cord keeper units at your local hardware store, or you can create your own. All you need is a box with holes to filter the cords through. This will keep tiny hands and paws out of the reach of loose cords
Install Security Systems
Even when you’re home, it can be a good idea to install a security system. You should always have an alarm system installed near the front door of your home, which typically is near your living space. Security systems don’t need to be an eyesore either. There are plenty of systems that actually blend right into your walls, making them an even better choice to hide them from the likes of thieves or intruders. One idea is to hide the alarm system components behind a painting or wall canvas. This is a good security measure for your children too. They won’t have access to the alarm system, so you don’t have to worry about them believing that it is a toy.
Keep furniture out of walking paths in your living space. It can cause problems for young children who are still learning how to control their own movements. Bulky furniture that gets in the way can also cause a hazard for adults too. You don’t want sharp corners or bulky elements that can contribute to trips, falls, and other injuries. Always keep the safety of the very young and older adults in mind.
The homebuying journey may require many weeks or months to complete. As you approach the finish line of this journey, there are lots of things you can do to ensure a seamless conclusion.
Now, let's take a look at three tips to help you quickly finalize a home purchase.
1. Conduct a Home Inspection
A home inspection generally is performed after a seller approves your offer to purchase his or her residence. At this time, a home inspector will walk through a house and identify any underlying problems. Next, a home inspector will provide you with a report that details his or her findings.
For homebuyers, it is important to review a home inspection report closely. If a home inspector identifies major problems with a residence, you may want to modify your initial offer to purchase or rescind your homebuying proposal.
You also should attend a home inspection. Although you are not required to attend an inspection, doing so may enable you to gain insights into a home that are not included in a house inspector's report. Then, you can use all of the insights at your disposal to determine whether to proceed with a home purchase.
2. Maintain Flexibility
You may want to close on a home by a specific date, yet the homebuying process offers no guarantees. Delays may happen without notice, and you need to be able to adjust your homebuying timeline accordingly. As such, you should maintain flexibility as you try to finalize your transaction.
Remember, both you and a home seller share a common goal – to complete a property transaction as quickly as possible. If you maintain open lines of communication with a seller, you can reduce the risk of miscommunications that otherwise could slow down the homebuying journey.
3. Collaborate with a Real Estate Agent
Navigating the homebuying journey is rarely simple, particularly for individuals who want to acquire a terrific house at a budget-friendly price. Thankfully, you can collaborate with a real estate agent to achieve the best-possible results throughout the homebuying cycle.
A real estate agent will learn about you and your homebuying goals and do everything possible to make your homeownership dream come true. He or she is happy to provide recommendations and suggestions as you conduct a home search. And when you find your dream residence, a real estate agent can help you put together a competitive offer to purchase it.
Of course, a real estate agent provides comprehensive assistance during the final stages of the homebuying journey as well. Reaching a home closing date may seem impossible at times, but a real estate agent helps take the guesswork out of finalizing a house purchase. Therefore, he or she will go above and beyond the call of duty to ensure you can reach your home closing date without delay.
Simplify the process of buying a house – use the aforementioned tips, and you can minimize the risk of encountering homebuying hurdles and streamline the homebuying journey.
Ready to add your residence to the real estate market? A home appraisal may prove to be a great first step.
With a home appraisal, you'll be able to understand the true value of your house. This comprehensive home assessment enables an expert home appraiser to evaluate every room in your home. Then, a home appraiser will provide details about your home's strengths and weaknesses.
Ultimately, there are many questions for a home seller to consider after a home appraisal is completed, including:
1. What did the home appraiser discover during the evaluation?
A home appraiser boasts in-depth home maintenance knowledge and insights. As such, this professional will do everything possible to identify problem areas with you home that you can repair before you add your residence to the housing market.
Consider the results of a home appraisal closely. By doing so, you can understand your home's strengths and weaknesses and search for ways to transform your house's weaknesses into strengths.
Also, it is important to establish realistic expectations for your residence after a home appraisal.
If a home appraiser discovers myriad problems with your residence, there is no need to worry. You can always repair these issues on your own or hire home maintenance professionals for extra help.
Or, if you decide not to complete home repairs following a home inspection, you should price your residence accordingly. That way, you can be honest with homebuyers about the pros and cons associated with your home and enable these homebuyers to make informed decisions about your residence.
2. Are there major or minor problems with my house?
What differentiates a major home problem from a minor one? The time and resources required to fix a problem often serve as key indicators about whether an issue can cause major headaches over an extended period of time.
For example, an oven light that has gone out can be replaced quickly and effortlessly. On the other hand, your home's obsolete, inefficient furnace may require thousands of dollars to replace.
Simple home improvements can make a world of difference in homebuyers' eyes. Following a home inspection, you may be able to find a variety of quick, easy and effective home improvement tasks that you can complete to enhance your home's appeal.
Be prepared to complete major home improvement projects as well. Remember, if you finish assorted home improvement tasks now, you may be able to help your residence stand out in a highly competitive real estate market down the line.
3. Which home repairs should I prioritize?
Home repairs should help you maximize the value of your residence. Therefore, you should prioritize home maintenance projects that will help you transform your ordinary residence into an exceptional one.
If you need help to determine which home repairs to prioritize, don't forget that a real estate agent may help you do just that. This real estate professional will work with you throughout the home selling process and ensure you can enhance your residence both inside and out.
Seeing your desire to buy a waterfront property through is a big accomplishment. Before you sign on the dotted lines, there are a few things that you should know about the process of choosing the perfect waterfront property for you.
Decide What You Need
The first step in finding the right property of any kind is understanding your own needs. How do you want to use the property? Will it be your year-round home, or will you be there only a portion of the year? Really map out what your priorities are when it comes to searching for waterfront properties. From here, you can figure out what areas you’d like to search in and what type of property you want to find to suit you. What types of activities will you be doing at your property? Will a lake property do the job or do you need an ocean escape? Is canoeing or kayaking a part of your dream, or is simply sitting by the water enough enjoyment for your needs? Answering all of these questions can help you to narrow down your needs for a waterfront property.
As with any other type of home search, you should take the time to scope out the properties that you’re interested in. This means not only looking at the properties themselves but looking at the communities and neighborhoods as well. What does the area have to offer you? Is it near a town or nestled away in a secluded spot? Remember that with a typical house the size of the home is what contributes to the majority of the value of the home. With a waterfront property, the surroundings are key. The closer to the water you are, the more valuable your piece of real estate is. Consider all of the typical factors when looking at properties along with the additional concerns of being close to the amenities and natural pleasures that you crave.
Other Important Things To Consider
Other things that you should consider in finding your perfect piece of waterfront heaven are things like:
- How close is the beach?
- Does the beach or lake have easy access?
- Is there an adequate amount of privacy at this property?
- What kind of view is there?
The more breathtaking the views and the more space between you and your neighbors will give you an advantage not only in your own living situation but in renting out the property and even selling it in the future.
There are a lot of things that go into making the decision of finding the right waterfront property. Sometimes, hiring an experienced realtor in the area can be just what you need to understand all the aspects of your investment from the area to the type of home you choose. Don’t be afraid to hire an experienced realtor to help you in your search.
We all know that buying a home is expensive. For first-time buyers who don’t have the luxury of equity for a down payment, it can be difficult to find a way to finance your home without taking on a huge interest rate and mortgage insurance.
Fortunately, loan programs like those offered by the U.S. Veterans Affairs can be a godsend. However, there is a great deal of confusion around who is eligible for VA loans and how to acquire them.
So, in today’s post, we’re going to cover some of the frequently asked questions of VA loans. That way, you can feel confident in knowing whether or not it’s a good financing option for you and your family.
VA Loans FAQ
Who is eligible for a VA Loan?
VA loans aren’t just for veterans. Most members of the military, including Reserve and National Guard members can apply. Additionally, spouses of service members who died from a service-related disability and those who died on active duty can apply as well.
How long do you have to service to be eligible?
The VA defines eligibility as having served no less than 90 days of service during wartime and 181 days of continuous service during peacetime.
Who are VA Loans offered by?
Like any other loan, VA loans are offered by private lenders. The difference is that VA loans are guaranteed by the government. That means that the federal government takes on some of the risk of lending to you, therefore making it possible to secure a loan with little or no down payment.
Should I make a down payment on a VA loan?
If you have the means, making a down payment will almost certainly save you money in the long run. If you can put down 10% of your total mortgage amount, you can also significantly reduce the VA Funding Fee.
Will I have to pay private mortgage insurance?
Private mortgage insurance (PMI) is something that borrowers pay on top of their mortgage payments and interest. This additional insurance helps borrowers buy a home with a small down payment. VA loans allow you to secure a mortgage without PMI.
Are VA loans different for active duty, National Guard, and Army Reserve members?
Each type of service member is eligible for a VA loan. However, there are some minor differences regarding the VA Funding Fee. With no down payment, an active duty member would pay 2.15% of the loan amount in fees. National Guard and Army Reserve members pay around 2.40% with no down payment.
What does my credit score need to be to get a VA loan?
The VA doesn’t have a set minimum credit score. However, the private lenders that offer the loan do. On average, the lowest credit score that you can secure a VA loan with is around 620. That being said, a higher score will secure you a lower interest rate, saving you money over the lifetime of your loan.