Thursday, December 27, 2018 / by Francisco Latimer
There are a lot of steps to buying a house, and that takes time: It takes 50 days on average to just close on a home.
How long does it take to buy a house? A lot depends on how much time you spend shopping for one. But once you have a contract, it takes an average of 50 days to close on a house.
There are a lot of steps to buying a house, and any of them could drag out the timeline, especially if you're not prepared. Here's the home-buying timeline, broken down step-by-step, so you can be in control:
1. Do Your Homework
Time: 1-14 days
Dreaming about owning your own home is one thing; making it happen is another. To get beyond the dream stage, you need to do some critical research to help you figure out what you do and don't want — along with how much can you afford.
It's mighty disappointing to fall in love with a house only to find out you can't afford it. A quick chat with your bank can help you avoid that heartb ...
Thursday, December 20, 2018 / by Francisco Latimer
Find out how much it costs to remodel a kitchen, item by item, so you never spend more than you need to.
How much is that kitchen remodel going to cost you? That's a hard number to nail down. It's not like you can cost compare on Amazon.
Instead, you need to research, create a budget, and track your expenses. Having your own kitchen remodel worksheet can help. Download it here. (You'll be prompted to make a copy of the interactive worksheet -- just for you).
Or, scroll on to see what kind of costs to expect and how to save on a kitchen remodel to get the most return on your investment.
Costs of a Typical Kitchen Remodel
Below are itemized costs of kitchen materials and labor so you can see where the possibilities for savings exist.
Price ranges on materials include builder-grade, mid-grade, and better quality, but not the most expensive you can buy. These numbers are meant to convey typical costs.
Wednesday, December 05, 2018 / by Francisco Latimer
The most critical things to do to increase your home’s value before putting it on the market.
As a smart seller, you'll want your home in tip-top shape — but you don't want to eat into your profits by overspending on home improvements. You won't be around to enjoy them anyway. The key is to focus on the most important repairs to make before selling a house to ensure every dollar you spend supports a higher asking price.
"Smaller and less expensive updates in combination with good staging will have a great return," says Colorado Springs agent Susanna Haynie. But how do you know what things to do before putting your house on the market? Prioritize these updates — and consider letting the rest go.
#1 The Most Important Repair to Make Before Selling: Fix Damaged Flooring
Scratched-up wood flooring; ratty, outdated carpeting; and tired linoleum make your home feel sad. Buyers might take one step inside and scrat ...
Monday, November 26, 2018 / by Francisco Latimer
Tips for shopping around for a mortgage — even if you think you don’t qualify.
Think you’re not ready to unlock home ownership yet? That the financial hurdles are too high? You may be short-changing yourself. Many of the things renters believe about home-buying are myths.
Here’s the real deal.
Myth: I Have to Put Down 20%.
Saving 20% of the price of a home in many places isn’t just a challenge; it’s a roadblock. And it’s not a must-do. Roughly 60% of home buyers put down less than 6%. How can you become part of the less-than-20 club?
FHA Loans: The Federal Housing Association (FHA) is an old friend to first-time buyers and others who are ready to become homeowners with less than a 20% down payment. If you qualify, you may be able to get a loan with as little as 3.5% down.
DownpaymentResource.com and NeighborWorks: Some local and state agencies sponsor down-payment assistance programs that help prospec ...
Friday, November 16, 2018 / by Francisco Latimer
The holiday season from November through January is often considered the worst time to put a home on the market. (I DISAGREE!!!) While the thought of selling your home during the winter months may dampen your holiday spirit, the season does have its advantages: holiday buyers tend to be more serious and competition is less fierce with fewer homes being actively marketed. (BINGO!!!) First, decide if you really need to sell. Really. Once you’ve committed to the challenge, don your gay apparel and follow these tips from FrontDoor.
1. Deck the halls, but don’t go overboard.Homes often look their best during the holidays, but sellers should be careful not to overdo it on the decor. Adornments that are too large or too many can crowd your home and distract buyers. Also, avoid offending buyers by opting for general fall and winter decorations.
2. Hire ME as your reliable Realtor.That means, I will work hard for you and won’t disappear during Thanksgiving, Christmas ...