Diane Horrigan - RE/MAX  Trinity



Posted by Diane Horrigan on 3/14/2018

If youíre trying to decide whether or not you should put a pool in at your home, thereís a lot to think about. You donít want to regret spending a sizable amount of money. You may picture a life of luxury with a pool, but thereís a lot involved with the installation of it. It can be quite an ongoing investment to put in a pool. Maintenance, repairs, and more are involved. Depending upon the climate you live in, you may need to put a cover on the pool during the offseason as well.


When Putting In A Pool Is A No-Brainer


If you live in a warm climate like California, Florida, Hawaii, Or Arizona, it makes total sense to invest in a pool. these places get the maximum benefit from pool installation since the pool can be used the whole year through. 


If you have a large yard and are able to accommodate both a pool and some yard space, itís also not a bad idea to put in a pool. The important thing is that you understand that youíre not always going to get a return on your investment when you sell your home. Not all homebuyers like pools and often the presence of a pool can even deter some buyers from even looking at the home.


Questions To Ask Regarding Return On Investment:


  • Does a pool fit in with the neighborhood?
  • Is the pool in good condition?
  • How old is the pool?

The idea with homes that have pools is to attract the right buyers. Many times, families with young children stay away from properties with pools since they see it as a safety hazard. Other home shoppers may fall in love with the property because of the pool. The important thing about putting in a pool is knowing that you as a homeowner will enjoy the feature. 


Costs


The average cost to put in a pool in the US is around $30,000. Thatís just a basic pool. Youíll probably need to add a few more details like fencing, pool furniture, and more landscaping. That can cause the total investment to rise significantly. The type of pool that you choose also has an effect on the cost of the project. Donít forget about the added energy expenses of running a filter and putting a heater in the pool. 


Insurance


When you have a pool, youíll need to change the type of insurance that you have. The pool can increase your insurance costs significantly. There also could be certain requirements set forth by the insurance company, such as the pool needing to be fenced in. 


While adding a pool to your home may make your life more enjoyable, it may not add to the value and return you get on your home. Donít over invest in an amenity that wonít give you the returns your looking for unless youíre prepared and know that you as a homeowner will truly enjoy the pool.





Posted by Diane Horrigan on 3/7/2018

The American home is rapidly changing. New technologies like rooftop solar and smart home security systems are quickly becoming the norm in neighborhoods across the country.

If youíre thinking of taking on some new home improvement projects, itís a good idea to be forward-thinking and choose projects that will be sought after into the future.

In this article, weíll talk about some trending home improvements you can make that will help bring your home into the future.

Automation

Smart home technologies make life easier, and theyíre not going out of style anytime soon. Being able to lock and unlock doors, adjust the temperature, and turn off lights all from an app on your phone has never been easier. If you plan on selling your home in the coming years, having these perks could be a selling point for potential buyers.

Green energy

When it comes to energy prices, you can count on them continuing to rise. As a result, many homeowners have installed money-saving features like rooftop solar, connecting to off-site green energy grids (such as solar or wind), and utilizing less expensive heating alternatives like pellet stoves.

Energy-efficient appliances are another up-and-coming trend that buyers are likely to be looking for. They tend to come with the latest technologies and styles, but also save money in the process.

You donít have to take on a big project to make your home greener. You can also perform small tasks like replacing all of your light bulbs with newer, energy-efficient bulbs.

These projects will attract two types of buyers: those who are environmentally-minded, and those who are looking to save on utilities.

In-duct purifiers

As people become more concerned with the effects of pollution on the human body, many homeowners will see air purifiers as a necessity. An in-duct purifier requires little maintenance and improves air quality throughout your entire house.

Temperature-controlled shower head

You would think that in this time of amazing scientific and technological advancements that we would be able to get into the shower without fiddling with the controls for ten minutes. With a temperature controlled, digital display shower head, you can set the temperature and let the faucet do the work for you.

This one will save you time in the shower, help you avoid getting scorched, and will pique the interest of potential future buyers.

Materials that last

Home advancements havenít just been made in the area of electronics. New building materials have made some objects last much longer than they did just a few years ago.

New roofing materials have exponentially increased the lifespan of roofs. New metal roofs can be made to look like traditional shingled or tiled roofs. Similarly, there are currently roofs being developed that have hidden solar panels built-in. Those too will be available in different traditional styles.

Aside from roofs, siding and decks are also being made with materials that last much longer than was previously possible. Having a durable house is something that any potential homebuyer would want to see.





Posted by Diane Horrigan on 2/28/2018

When youíre selling your home, things can get really busy, really fast. You want your home to be in tip top shape to give it the best chance of selling in a timely manner. There are a few things you can do in a short time frame that allows you to spruce up your home without breaking a sweat. Below, youíll find some tips to help you bring your home to another level of wow before the open house. 


Check Your Front Door


All you really need to do is put a fresh coat of paint on your front door to brighten the look of your entryway. Thereís something about a freshly painted front door that really makes a home look like new. 


Spruce Up The Landscaping


You can really do a minimal amount in your yard and make your home curb-appeal ready. Just rake some leaves, add some mulch, mow the lawn, and voila. It might be an all day project, but in the end, it will be worth it. As long as people have a good view and feel that your yard has been taken care of, the outside of your home is in the clear for an open house.  


Check The Outdoor Lights


Even though an open house will be happening in the daylight hours, people may be curious that there is adequate lighting on the outside of your home. Buyers can either check this while they are at the open house or they could go a step further and drive by the property at night. Adequate lighting allows for a sense of security and safety all throughout the outside of the property.  


Care For The Mailbox


Few places in your home are as neglected as the mailbox is. Add some fresh paint to your mailbox. You can use the same color as your front door for consistency. At the very least, clean up the mailbox to give it a better appearance. Make sure your house number is present somewhere on the box as well. This helps the property to have a sense of being a bit more inviting. People will also be able to find your home easier. 


Make Use Of Flowers


You should place flowers around your home on the day of the open house. Add a fresh cut bouquet to the kitchen table. Bring some potted plants and florals around your entryway. These simple touches really can make an impression when potential buyers visit your home. 


Remove Your Personal Stuff

From the outside in, traces of your life in the home should be put away. This means pet items, toys, games, photos, and celebrity shrines. The more free space a buyer has to envision themselves living in the home, the better.          


With these small extra touches, your open house is bound to be a success!




Categories: Selling Your Home  


Posted by Diane Horrigan on 2/21/2018

Shopping for a house is a high-stakes game. If youíre a first-time buyer, it can be difficult to gauge the value of various components and features of a home. Appraisals are designed for just this reason.

However, an appraisal is a subjective tool to determine a rough estimate. Furthermore, there are a number of things you canít learn from an appraisal--such as how convenient the home would be for your work commute.

In this article, weíre going to help you, the homebuyer, determine the true value of a home as it would mean to you in your everyday life. Read on for tips on finding out the value of that home youíve been dreaming of and deciding whether itís really the best home for your budget.  

Appraisals are a baseline

When lenders are in the process of approving your home loan, theyíll want to decide whether the home youíre buying is worth the amount youíre paying. To achieve this, theyíll typically hire a third-party appraiser.

Find out from your lender which appraiser they use and read their online reviews. This will ensure that theyíre a trustworthy source of information. Also be sure to check that the appraiser is certified and that they work with a diverse range of clientele (not just your lender!).

Since youíll likely be paying the appraisal fee as part of your closing costs, make sure youíre happy with the appraisal and appraiser.

Key appraisal factors

After the appraisal, consider getting a second opinion or inspection of any of the key components of your home that may impact the appraisal. Some of these factors include:

  • The roof, HVAC system, and septic systems

  • The energy-efficiency of the home

  • The current market value in the area

  • The general upkeep of the home--a few cosmetic problems shouldnít affect the home value much, but serious neglect can cause long-lasting and expensive issues like mold, water damage, pest invasion, and more

What an appraisal canít tell you

Now that weíve discussed the nuts and bolts of home value, we have to venture into what value means to you and your family. Youíll need to ask yourself a series of questions, and some of them wonít have a cut-and-dry answer.

First, how well does this home fit into the work life of you and your spouse? Will it mean a shorter commute, and therefore lower transportation costs and more free time? Putting a dollar value on an extra thirty minutes not spent in traffic can be difficult, but itís a worthwhile exercise to take part in.

Furthermore, does the house have features that will make it a better asset in years to come? Energy-efficiency, proximity to in-demand schools, businesses, etc., can all be selling points for future buyers that are willing to pay more for your home.


Using a combination of a certified appraisal and some introspection, you should be able to come to a confident conclusion as to the value of the home as it means to you and your family.




Categories: Buying a Home   appraisal   home value  


Posted by Diane Horrigan on 2/14/2018

If you believe you are coming close to the time to buy your first home, you'll want to be informed. Itís never too early to begin preparing for a home purchase. The more organized you are, and the better you have your financial situation in order the better off youíll be when it comes to the home search. Where should you start? Below, youíll find some key things that you can do to maximize your chances of finding and securing your first home.


Check Your Credit


Your credit score is one of the most critical pieces of your financial picture. A FICO score ranges from 300 to 850. The higher the number, the better off you are. When youíre getting a mortgage, you want to have good credit. If your credit score is above 740, youíll be eligible for the best interest rates. If your credit score needs help, a higher score will get you the best interest rates available. Once you get your credit score, (Itís free to get through a variety of services.) aim to improve your score. Pay your bills on time. Use less of your available credit (target to use 30 percent or less of your total available credit.) The bottom line is that a low-interest rate will save you a significant amount of money over the life of your loan. 


Refrain From Opening New Accounts


If youíre in the market to buy a home, itís probably best for you to stay away from opening new accounts. Every store has their credit card and offers deals to open an account in store. While it could save you some money on your purchase, opening new accounts has a negative impact on your credit score in the short term. A car loan, for example, will also affect your credit score because it brings your debt-to-income ratio up, which can put a damper on your chances of getting a mortgage for a low-interest rate.


Save, Save, Save


If you want to buy a home soon, youíll need to save up a significant amount of money. These savings will go towards a downpayment, closing costs, and furnishing your new place. Every chance you get, you should be putting money away. Include gifts, bonuses, and any other income thatís outside of your average take-home pay. 


Itís also a good idea to set up a second bank account dedicated to saving for the home. Set up an automatic transfer each month that will go into that account from your primary earnings. You can d this based on how your employer pays you.


Look For A Real Estate Agent


Your real estate agent will be a crucial part of your home search. They will help in everything from finding the property of your dreams to negotiating the deal to sitting by your side at closing. You should do a bit of research to help you find a real estate agent who can assist you in finding the right property for you. 


Ask family and friends for recommendations of agents. You can search for the real estate agentís name online and see what kind of reviews the agent has and contact different agents. From there. You can make a decision.          


Now, good luck with your home search! 





Categories: Buying a Home