Tuesday, April 10, 2018 / by Greg Macaluso
In real estate, location is paramount. And for many buyers, proximity to work and public transportation are key factors in the selection of a neighborhood. According to a recent study of consumer housing trends, nearly half of all buyers want to be close to public transportation (45 percent), and nearly 7 in 10 want to be close to work.
Friday, March 09, 2018 / by Greg Macaluso
What if you could just look at a home and get an idea if it was a good home or one that might be, well, complicated? Dylan Chalk, author of "The Confident House Hunter," an award-winning book with a novel way for buyers to look at homes, says you can.Chalk, a certified home inspector, found a commonalty among the 5,000+ homes he inspected. It begins with the roofline. "You would be hard-pressed to find a single feature or attribute of a house that can tell you more about the house in less time than the roofline," he says. Sturdy and elegant rooflines = sturdy and elegant houses; quirky rooflines = quirky houses; sagging rooflines = a house likely to have some kind of structural problem. Always look at the roofline!
Wednesday, February 07, 2018 / by Greg Macaluso
Here’s a general rule of thumb for credit scores: the higher your score, the lower your interest rate. It really does pay to work hard to improve your credit score. Just follow these four rules:
Always pay all of your bills on time
Check your credit reports (all 3) for errors and correct them
Don’t close old credit accounts – leave them open; the longer you have established credit, the better
Stay away from your credit limits
If you are solid with the first three, focus on the last one. The lower your total debt is as a percentage of your total available credit limit, the higher your potential score. So if you qualify, ask your creditor to raise your limit! That can help quickly raise your credit score.
Thursday, January 04, 2018 / by Greg Macaluso
Millennials are often labeled the renter generation. It turns out that’s a myth. Researchers have found that Millennials want to own a home. Today, more than one-third of Millennials are already homeowners, says the National Association of Realtors. Compared to previous generations, Fannie Mae research shows that while fewer Millennials are initially buying homes, they are accelerating their purchase activity as they get older. In fact, not only do Millennials want to own a home, they want to own multiple homes throughout their lifetimes. One study found that more than two-thirds of Millennials see their current home as just one step towards the home they eventually want. Millennials might just become the greatest home-owning generation of the last 100 years.
Wednesday, December 27, 2017 / by Greg Macaluso
Selling your home doesn′t just mean hiring a realtor to stick a sign out front. There are a lot of preparations you should make to ensure you get the best offer possible in the shortest time.
Repair. Just because you’ve gotten used to the cracks in the walls and the rattles in the radiators doesn’t mean a buyer will too. If you have hardwood floors that need refinishing, be sure to get it done—hardwood is a huge selling point. Buyers like to snoop around, so be sure to fix any sticky doors or drawers as well. Finally, don’t forget to address any issues with the exterior—fences, shingles, sidewalks, etc. After all, without curb appeal, some buyers may never get to see the inside.
Neutralize. You want buyers to see themselves in your home. If your living room has lime green shag, wood-paneled walls, and all your collectibles and personal photographs, this will be much harder for them to do. Try replacing any bold color choices in your floors and wall ...