Friday, May 10, 2019 / by Leon Zhivelev
Selling your home is a major life milestone. Saying goodbye and moving on to new opportunities can be daunting and fraught with pitfalls. To make sure this task goes as smoothly as possible, here are five mistakes to avoid.
1. Skipping Upgrades
Is your house a little dated? Worse for the wear? It may seem charming to you, but potential buyers may find it off-putting. Happy memories may have been made in that quirky kitchen. That one bathroom may have led to some funny stories of the family all trying to get ready in the morning.
When selling your house, however, efficient, modern upgrades have the broadest appeal. Consider remodeling the kitchen or adding a bathroom. Those upgrades will add instant value to your home and will be sure to catch the eye of discerning buyers.
2. Overlooking Smaller Improvements
Sometimes it’s the little things that can have the most dramatic impact. A good spring cleaning can make a house feel fresh and ready for buyers. ...
Wednesday, May 1, 2019 / by Leon Zhivelev
There can be many benefits to living in a historic home—owning a piece of local history, connecting with other historic home enthusiasts, or even the potential to host weddings and events at your home. If you’re in the market for a historic home, there are a few additional things to consider beyond location, location, location. Do your due diligence when going through the purchasing process and you’ll be able to enjoy your historic home for generations to come.
1. An inspection is a must
Many homes go through inspections organized by the sellers, but you’ll want to get your own independent inspection done as soon as you can. Historic homes have a different standard—sometimes what looks fine to one inspector may raise a red flag to another. If possible, find an inspector who has some experience with older homes.’
As you will soon find out, there is a wealth of knowledge to be obtained, and not everyone is an expert in historic homes. ...
Wednesday, April 24, 2019 / by Leon Zhivelev
Tips for Turning Your Home into a Profitable Vacation Rental
Before you rent out your home to short-term guests, there are several things you need to take care of. At the very least, you’ll need to provide essential comforts and safety features. But if you want to turn your home into a lucrative source of income, you’ll have to go the extra mile. This could mean making attractive home upgrades, adding luxury amenities, or providing special items to improve the guest experience. Here are some simple tips to get you started.
Start with Home Security
If you don’t live near your vacation home, you will need a security system to protect your belongings while it’s unoccupied. This will also help you monitor the guests that are coming and going from your home and ensure everything is as it should be. You have a variety of home security systems to choose from, including monitoring services and security cameras that you can access from your phone. Read this gui ...
Tuesday, April 16, 2019 / by Leon Zhivelev
Over the last several years, renting has become increasingly popular in the United States. Renting offers a unique level of flexibility that appeals to residents of all ages. Whether you’re a new renter or are getting ready to sign your tenth lease, there are things you should know before committing.
So, just what should you know about renting?
1. What Are the Move-In Costs?
One of the biggest expenses of renting is having to pay the move-in costs. There’s no set standard for these costs, but many landlords will charge for first month’s rent and a security deposit, which may be equal to one month’s rent. To be safe, you should set aside as much money as possible for these costs.
2. Which Utilities Are You Responsible For?
Paying your rent won’t be your only monthly expense. In addition, you’ll probably be responsible for your utilities. These can include things like electricity, heat, water, etc. Before signing the lease ...
Wednesday, March 27, 2019 / by Leon Zhivelev
Travel and more time with family are often priorities for retirees. But another retirement goal that tops the list is buying a vacation home. Owning a second home in a sought-after location offers seniors the chance to travel more, relax with loved ones, and really enjoy their golden years. Before you buy that second home, however, there are a few important things you should know to make buying a vacation home really work for you.
Keep Renters in Mind when Setting Up a Second Home
You may need to take out a loan to make your vacation home goals a reality, but renting out that home can help you make those additional payments. To bring in more rental income, though, you need to make sure your property stands out to renters.
You may want to have someone stage your second home to attract renters, and you will definitely need to maximize your property’s curb appeal. Travelers are often taken in by the external features of the homes they are looking to rent ...