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Ten Home Decorating Trends for 2019
Posted on Thu, 28 Feb 2019, 11:00:00 AM  in My services
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If your home's decor is stuck in a rut, then it is time to update it. Many homeowners decorate their homes after moving in, but 10 years later, they have the same color scheme and furniture. Keeping your home updated and in good condition is essential, especially if you need to sell it quickly when you are transferred to a new job. Here are some of the latest trends for decorating a home.Ten Home Decorating Trends for 2019

 

Stone Materials

Property owners now want to buy homes with a natural ambience, including stone materials for floors and countertops. Look for marble, quartz or granite materials that are available in a variety of colors or patterns. Each type of natural stone material is 100 percent unique, so make sure to inspect the item carefully before making a purchase.

 

Metal Accents

An additional decorative element that you can have is metal accents such as fireplace screens or curtain rods. Look for metal objects that are made from brass or copper to give a home an antique ambience. Smaller metal accents include picture frames, candleholders or flower vases.

 

Floral Patterns

This year, floral patterns are popular, replacing the neutral colors of the past few years. When you want to use a floral pattern, choosing one large item such as a painting is suitable, or alternatively, you can use several smaller items such as throw rugs and pillows. Make sure to use the same floral pattern when you use several objects to avoid creating a gaudy appearance.

 

Velvet Furniture

If you have old living or family room furniture, then you can replace it with soft and cozy velvet-covered couches and chairs. Alternatively, you can buy slipcovers for your upholstered furniture to create a new color and texture scheme for your home.

 

Pink Decor

A soft pink color is popular this year, but you may want to use it in a minimalistic way such as for throw pillows or flower vases. You can also paint one wall of a bedroom or bathroom with this color.

 

Accessories with Fringe

Home accessory items with fringe are popular this year, so you can look for throw rugs that have fringe on the edge, or perhaps, you will find throw pillows with colorful fringe. You can also find draperies or wall hangings that feature fringe elements.

 

Terrazzo Decor

Terrazzo is a combination of colorful chips of glass or stone that can create a unique decorative element in a home with a wall hanging or flooring. You may want to add this type of flooring to your home's entranceway, or you can create a wall hanging on your own with small pieces of stone and glass.

 

Curvy Furniture

Curvy furniture is replacing furniture that has straight or angular lines. Choose an oval or round coffee table rather than a rectangular one, or you can find couches with curvy backs rather than straight backs.

 

High-gloss paint

When you are ready to paint a room in a home, choose high-gloss paint rather than paint that creates a matte finish. A high-glass finish can create a more vibrant and shiny surface that reflects more of the natural or electrical light in a room.

 

Use Blue Paint and Buy Blue Upholstered Furniture

Blue is the trending wall paint and upholstered furniture color this year, and it is a color that is easy to accessorize in the future. This is a relaxing color that most homeowners enjoy having in any room of a home.


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4 Signs of a Good Neighbourhood
Posted on Fri, 15 Feb 2019, 10:50:00 AM  in My services
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Living in a safe and flourishing neighbourhood is vital to many buyers. They want to make a smart investment, but they also want to buy a property in an area that they can picture themselves being happy in for years and years to come. It is hard to determine the type of neighbourhood you may be moving into without doing some research. The tips below can help you understand what signs you should look for when searching for a lovely home in a good community.4 Signs of a Good Neighbourhood

 

High Ownership

A neighbourhood that has more homeowners than renters is generally a stable environment. Ownership is also a sign that the area is flourishing and people have invested in the community, as opposed to renting and leaving within a year or two. It could be hard to find ownership statistics on your own, which is why you should enlist the help of a sales representative. He will have access to more databases and contacts when it comes to this type of information. There are a few exceptions where renters will outnumber buyers, especially if the area is in a popular city. In these situations, the popularity of the location, local businesses, and various tourist attractions could make buying the home a good investment.

 

Good Reports from Local Residents

Hearing what the locals have to say about the area is the best way to research the community. You can get the first-hand commentary about what people think, instead of guessing. While visiting the local businesses, listen to what the residents are saying about everyday functions, as well as other members of the community. If there are open events, attend these functions and introduce yourself to other attendees. You can tell them you are interested in purchasing a home in the neighbourhood and you want to get a feel of the atmosphere. Some of the topics that you should ask about include:

 

  • Neighbourhood Crime Rates
  • Traffic
  • Noise
  • Medical Facilities
  • Educational System
  • Local Festivals and Events

 

Organized Neighbourhoods

Watch groups are generally a good sign about the neighbourhood. It means that people have taken an interest in the area and want to keep it safe. Neighbourhood watch groups also meet to keep crime down by working together to watch the subdivision entrances, parks, and other nearby areas. You can feel safe knowing that you and your community are working together to keep criminals out. An organized community will also put on shows and events that benefit a cause or fund projects throughout the community. These organizations will work hard to get the government to install necessary safety equipment and signage throughout the community.

 

Well Maintained Homes

If the exterior of the homes is well-kept, you can take this as a sign of a good neighbourhood. Look at the painting on the side of the houses, the landscape, and the type of vehicles in the driveways. Homeowners should keep up with their investments, so make sure you look out for any activity that shows owners are making home improvements. Some of the things you could look for are the conditions of the mailboxes, the lighting fixtures, windows, fencing, decks, and any outdoor furniture on the properties. The roofs should be in good shape, and the gutters should also be clean. These are signs that the residents take pride in their homes, as well as their neighbourhood.

 

You can use these tips to get a better idea of what it would be like to live in the community. You should also speak with a sales representative who can give you more background information. She will go over the facts that matter to you, giving you a clearer perspective. Keep in mind that your quality of life could depend on the type of house that you purchase, as well as the neighbourhood where you reside.


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The Benefits of Buying a Home vs. Building
Posted on Fri, 30 Nov 2018, 02:20:00 PM  in Home buying tips,  My services, etc.
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It is common for buyers to contemplate buying a new home or building one from the ground up. They feel as if the only way to actually get the home of their dreams is to build it. The truth is you can find a fantastic home on the market that offers many of the features and benefits you are looking for, without the need of building a home from scratch. Keep reading to learn a little more insight about the benefits of buying vs. building.The Benefits of Buying a Home vs. Building

 

No Plot Searches

Buying an existing home means that the land comes with the property; however, owners who choose to build a new house will have to search for the land and purchase it. If you are unfamiliar with plots, you may not know where to begin your search. The time that goes into the plot search is often more chaotic that a typical home search. If you are looking to buy a home in a popular neighborhood, you could negotiate a good asking price for the house, or have your sales representative get the price down to a reasonable amount. Buying plots in high-demand areas are often expensive, with little or no room for negotiations, especially if there are no nearby homes to compare and contrast with. As a buyer, you could bypass buying plots, building fees, permits, and other costly expenses that come with building a home.

 

Codes and Policies

If you are not experienced in this area, you could face legal battles and high costs. Failing to follow the laws and codes could result in building delays. State and federal laws have strict energy policies that builders must abide by as well. If you do not know what environmental features you can install, or what products are acceptable, you may need to restructure your home or buy all new appliances. When purchasing an existing home, the builders have adhered to the policies and codes required, meaning you do not have to focus on those things, unless you plan on upgrading or renovating the property.

 

Move In Ready

If you want to move right away, buying a home is the best choice for you. Building a home could take months, or years in some cases. Most sellers are prepared to move out once the home is sold, meaning that you and your family could be settled in the new place in no time. This allows you to get acquainted with the community, meet your neighbours, choose schools for your children, and start living life in your new home. To save yourself some time, ask a sales representative to find several homes that offer the space, features, and location you want. You can also make minor changes to the home that won’t delay your move-in date too much.

 

Post-Move Costs

When searching for a home, you have the ability to cut down on these expenses, unlike individuals building a new house. For example, you can look at the landscape and determine what changes you would like to make without spending too much money. However, there will be no existing landscaping when you build a house, and this could be costly in the future. This also applies to carpeted or wooden floors, blinds, and more.

 

The advantages and disadvantages of building a home or buying an existing property will depend on various factors. Before you make a final decision, you should compare the costs, time frames, and everything else involved with both scenarios. You should also contact an experienced sales representative to go over your wishes and finances, which could help you determine the best option for you and your family.


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Steps To Buying A Home
Posted on Thu, 15 Nov 2018, 02:15:00 PM  in Home buying tips,  My services, etc.
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Buying a home is a major milestone in your life. A home is where you and your family can enjoy lasting memories with each other. A home is your sanctuary away from the stressful outside world. Your home is a place that you can let your personality shine through and host gatherings for years to come. Buying a home is not an easy process. This process involves long term planning. When you are ready to buy a house, there are several steps to consider.Steps To Buying A Home

 

The first step in buying a home is making sure your personal finances are in order. For instance, if you have any outstanding debt, you will want to pay it off. Paying off your credit card debts entirely is also recommended. Credit card debt is an unsecured debt, therefore the minimum payment changes monthly and it is possible for the card to exceed its credit limit.

 

Once you have eliminated your debt, you will want to work on saving for a down payment. The amount of the down payment varies with the type of loan you obtain. It is recommended to expect a down payment of at least 10 percent of the selling price. The down payment should stay in a secure checking or savings account that you do not use for your usual financial transactions. This will show the loan agents you are financially stable.

 

The next step in buying a home is finding a REALTORŪ . The REALTORŪ will listen to what type of home you want, in the price range you desire, and find you the best options. The REALTORŪ will show you each home that is within your realistic price range, and negotiate with the seller for you. If you want the seller to change or fix something to the home, this can be negotiated through the REALTORŪ. Once you and the seller agree on negotiations and a selling price, you will more than likely have to put a small deposit on the house to show you are serious about buying the home. This amount will be refunded to you if you are unable to obtain a home loan or when you sign the closing papers. This amount of money will take the home off the market, giving you the opportunity to obtain the loan within the specified time frame.

 

You can obtain a home loan through any home mortgage company you choose, although it is recommended you obtain the home loan through your current financial institution. At times, your current financial institution will give in-house specials to their clients. If you need help finding a home mortgage company, the REALTORŪ will be able to recommend a facility and make the appointment for you. When you go to your home mortgage loan appointment, you will want to take all your financial information with you for the past three months, as well as your photo identification.

 

Once you obtain the home you can start living your dream. You can create your home to suit you and your families personality and grow through the years with them. When your children are grown and started their own families, they will share with the next generation how wonderful it was to live in the house you purchased.


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The Importance of Promoting Local Businesses when Selling a Home
Posted on Wed, 31 Oct 2018, 11:45:00 AM  in Home selling tips,  My services, etc.
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Putting a home on the market will require hard work, dedication, and some unique marketing strategies. Many sellers are under the assumption that the home will just sell itself. While this is true in some cases, it is not always guaranteed. Therefore, you will need to come up with marketing techniques to make your home stand out amongst the competition. Promoting local businesses is one strategy that every seller should consider; this could entice buyers to give your home and its location a second look.

You should never put the name of the business directly in your listing; instead, list the type of industry that the business competes within. Some businesses sell products and services for multiple industries, giving you more ways to entice serious buyers.

Keep reading to learn more about how promoting local businesses can be beneficial for sellers.

 

Appeal to Pet OwnersThe Importance of Promoting Local Businesses when Selling a Home

If there is a pet store in your community, be sure to incorporate this business in your listing. You can describe the community as pet-friendly; this will appeal to buyers with pets. If there is a local animal park, be sure to add this to your community description. Buyers with small or large pets could love a home, but turn away from it due to the neighbourhood not being pet-friendly. Remember to remain honest when creating the content and highlighting features for your home. If the restaurants are not animal-friendly, or there are no pet stores or homeowners with animals in the area, your community is not considered pet-friendly.

 

Family-Friendly Businesses

Buyers with small and large families will want to make the move easier on their children, so they will look for family-friendly neighbourhoods. If there are any local parks, restaurants, theatres, and other kid-friendly venues or businesses within the area, be sure to add these things in your listing. Again, you shouldn’t list the names of the businesses directly, but you can say things like, “near a variety of dine-in restaurants that the entire family can enjoy,” or “this home is located right in the heart of the city, where all the family-fun takes place.” These are statements that let buyers know your home is located in a kid-friendly area. In contrast, buyers who don’t have children and want to avoid family-friendly communities will likely pass on the home. However, this is still good for sellers because it can eliminate unnecessary conversations and showings; instead, you will attract serious buyers.

 

Resale Value

Buyers want to move into a home that provides good resale value in the future, even if they never put the home on the market. Purchasing a home is a big investment, and everyone wants to earn a return on their investment. The businesses within an area can often determine the resale value of a home. If the community is located near successful businesses that can thrive through difficult times, the homes in the neighbourhood will likely survive and could increase in value. However, homes in an older neighbourhood that lacks local necessities and businesses to keep it thriving could have a harder time selling in the future. Therefore, you will need to use the success of local businesses as a marketing tool to boost the potential resale value of your home.

 

Before you put your property on the market, be sure to speak with a professional sales representative who can give you more insight and helpful tips. They will know what businesses you need to showcase and what information you should leave out of your listing. This could help your home stand out amongst competitors in other locations.


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The Art of Home Staging is More Relevant than Ever
Posted on Mon, 15 Oct 2018, 11:40:00 AM  in Home selling tips,  My services, etc.
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If you're looking for the ultimate way to get your home sold in a hurry, you have many options. In fact, you now have more than you have ever had. But if you want to realize a profit, the list gets narrowed down a bit. To make a long story short, one of the very best things you can do to get your home sold in a timely and profitable manner is to have it professionally staged. If you don't know exactly what staging your home will entail, it's time for you to be brought up to speed.

 

Staging Your Home is the Best Way to Showcase it to the PublicThe Art of Home Staging is More Relevant than Ever

There are plenty of ways to give your home the showcase it needs to impress the public. But if you really want to put it across to a potential buyer, you don't want to just show them the empty skeleton. The home they see needs to be fully furnished in order to give it the perfect sort of "lived in" look and feel. This is not the type of ambience that you could fake by using half measures.

 

An Empty Home Doesn't Get the Results That it Used to

Many years ago, the opposite method of showcasing your home was the preferred one. Real estate agencies believed that no one wanted to see a home that was filled with "other people's" property. They thought that it was best to allow a potential buyer to imagine how the home would look when it was filled with their own items. The downfall of this theory was that many people simply didn't - and don't - have the active imagination required. As a result, home staging has come into play.

 

Staging Your Home Gets Quick Results that Will Net You Profits

The whole point of putting up your home for sale is to profit from it. You won't do this by agreeing to a price that essentially involves giving it away for free. To make the maximum profit, you will need to put a bit of effort into the selling process. This is where having your home staged by a professional service comes in. This is one of the moves you need to make if you want to realize the maximum possible profit from a property that is in the highest demand.

 

Home Staging Doesn't Have to Involve Leaving Your Own Property Behind

The biggest myth concerning home staging is one that needs to be corrected immediately. You never need to leave your own property behind in the home. A staging service has its own furnishings that it can quickly supply to give your home the necessary feel of being "lived in." You never need to worry about having to take the risk of having your own property stolen. The company that stages the home will assume the risk that is relative to their own property.

 

Call on an Expert Local Home Staging Service to Get the Job Done

When it's time to show your house to the public, you want to make sure that it looks and feels like a home that they could easily move into that very day. You may have already moved your own furniture and other belongings to your new location. They may all be resting in a storage shed somewhere. You can call on a local home staging service to supply you with the materials you need to give your property that elusive and highly desirable "lived in" feel. The time to stage your property is now.


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Should You List Your Home or Try to Sell it Yourself?
Posted on Sun, 30 Sep 2018, 12:25:00 PM  in Home selling tips
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There are more ways to sell a home than you may be aware of. When it comes to offering your home to a new buyer, you can try to handle the sale by yourself. If you don't feel up to the task, you can hire a real estate professional to conduct the sale on your behalf. While both approaches have their own set of pros and cons, a raging debate has opened up in the past few years as to which one is ultimately better.

 

What is the Appeal of the "For Sale by Owner" Approach?Should You List Your Home or Try to Sell it Yourself

The "For Sale by Owner" (FSBO) approach has gathered a lot of steam in the past few years. Many owners are attempting to use this method in order to sell their homes without having to pay out a sizable percentage to a real estate professional. The appeal of this approach is obvious enough. If you can get your home sold with no middleman, you get to keep more of the resulting funds.

Meanwhile, since you handle all of the advertising, negotiations, and paperwork yourself, you retain control of the entire experience from start to finish. You don't have to pay anyone else to do your work for you. You have full control over the way that you present your home to a potential buyer.

 

What are the Potential Downsides of the FSBO Approach?

However, you should also be aware that there are some potential cons that may come with making use of the FSBO approach. You really do have no one to lean on for advice if things get hairy. You may think that putting up a "For Sale by Owner" sign in your front yard is enough to get the ball rolling. You may also consider advertising on Craigslist and your local Nifty Nickel. However, this may not be nearly enough.

The sad truth of the matter is that your home may sit on the market for quite some time. This won't be because there is anything intrinsically wrong with it. You may have put quite a sum of money into a major renovation project. As a result, your home may be in better shape than ever. But unless you use adequate means to advertise it, no one will ever know that it is currently up for sale.

This is a particularly unpleasant problem if you are not currently living in the home. You may have already moved on to another location and are still trying to sell your old home using the FSBO method. But if no one is responding, the property is just sitting there empty. This may leave it open to squatting or vandalism, essentially undoing all the hard labor you have put into renovating it.

 

Listing Your Home with a Real Estate Professional is the Faster Way

The whole point of listing your home with a qualified real estate professional is to get it sold as quickly as possible. You don't want to be sitting there waiting for months or years for your home to sell. Yes, you have to pay a certain percentage of the sale to the professional who handled it on your behalf. This is simply the price of doing business.

But it's well worth it in the end, especially if you are not personally equipped with the skills and patience to wait that long. Hiring a real estate professional to handle the sale of your home gives you a quick result for a price that you will be very glad to walk away with.


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Everything You Need To Know About Investing In Toronto Real Estate
Posted on Sat, 15 Sep 2018, 12:20:00 PM  in Home buying tips,  My services, etc.
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Looking for housing in the Toronto real estate market? Today we go over some great tips if you are considering investing in the Toronto real estate market. Offering potential home buyers a great transit infrastructure, this is just one of many reasons to go with the Toronto area as your choice.

 

Toronto Is One Of Canada's World Class CitiesEverything You Need To Know About Investing In Toronto Real Estate

Toronto's population is one of the largest in Canada. By 2023, estimates show population will increase in Canada by about two million. More housing will be needed in downtown areas as Toronto's highly skilled workforce increases.

 

Property Valves Are High In Toronto

Despite Canada's new mortgage regulations, Toronto's property values continue to rise. Unlike some of Canada's other real estate markets, the Toronto area still benefits the homeowner with increasing home valves. This gives the Canadian homeowner the peace of mind that their property values will continue to increase. Toronto's homeowners are in an advantageous position considering Canada's new mortgage regulations.

 

Property Valves Benefit From Toronto's Transit Line System

Real estate properties sell for higher in Toronto due to their vast transit system. By having a reasonable avenue to communicate, Toronto's real estate market continues to see high resale growth.

Future transit development continues in the plans for the Toronto community. With further transit systems in the works for Toronto, property values should continue to rise. Next year in 2021, the Eglinton Crosstown LRT subway system will begin construction. In 2025, Smart Track transit system will begin construction. Continuing on to 2028 to 2032, the Relief Line South is now in the planning stages. The Waterfront Transit Line is in the planning stages in the middle 2030s.

 

Eglinton Crosstown Subway System

The Eglington Crosstown transit system is now under construction. This transit system is to be opened by 2021. This subway system will have 25 stops, with ten of them underground. This modern transit system will be 60% faster than the commuters' current travel time. The Eglington Crosstown subway system will be connected to 54 bus routes, three subway stations, and three GO subway systems.

Just this year, the Eglington Crosstown subway system has been approved to extend the transit system to Scarborough's Malvern community.

 

Smarttrack Community Systems

The Smarttrack subway system will include stops at Saint Clair and Old Weston, along with stops at King and Liberty, East Harbour, Gerrard and Carlaw, Lawerence and Kennedy, and Finch and Kennedy. This transit system will be a prominent transit system for the Toronto area.

As a result of the upcoming Smarttrack subway system, Riverside Square in Toronto is already seeing significant new housing developments. Also, the Wonder Condos conversation and construction is expected to begin in the latter part of this year. This will be the first loft type condo conversation/construction seen in Toronto in nearly ten years.

 

The Waterfront Transit Line

The Waterfront Transit Line will connect Toronto to its waterfront. This transit line will include a major revamping of the current commute system to the waterfront. This revamping will open up the waterfront area and allow for a far more utilized land for residential real estate development.

This four-phase transit development will connect Woodbine Beach to Long Branch. With this development, commuters will enjoy easier and faster access to the many cultural and recreational events that the waterfront has to offer.

 

Summary

Toronto continues to grow and prosper in spite of Canada's flat residential market. New mortgage regulations in Canada will probably necessitate higher down payments for potential homeowners in 2019.

For those looking for a solid real estate market, Toronto continues to grow and prosper. Toronto with its up and coming transit systems over the next twenty years will continue to see higher market valves based on current numbers.


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6 Tips for Being a Good Landlord
Posted on Fri, 31 Aug 2018, 02:45:00 PM  in Marketing strategies
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6 Tips for Being a Good Landlord

6 Tips for Being a Good Landlord

Owning property can be a tedious undertaking, but owning rental property can be overwhelming if you are not fully prepared. Renting or leasing property whether you are the owner or the property manager has its own set of unique challenges, but they will be manageable with an understanding of the role of the owner or manager.

 

Let’s discuss six tips to being a good landlord.

 

  1. Always have a written lease

It is important to have a rental agreement in writing. The agreement should always spell out the exact terms of the transaction including who is responsible for what and when the rent is due. Always review the agreement with a renter and make sure they understand everything in it. The agreement should be in easy to understand terms, as anything too complicated will discourage renters. If the renter has questions about the agreement, answer their questions fully so they understand. Listen to any concerns they may have about specific items and be willing to negotiate.

 

  1. Be Responsive

Be available to your tenants to answer questions and address concerns. Make sure your daily schedule includes times you are available for such questions and concerns and always return calls, emails or texts in a timely manner. There is nothing more frustrating for a tenant than to not be able to get in touch with a landlord in a timely manner. If you are away for any amount of time make sure your tenants are aware of your unavailability. Always let them know when you will be returning. If possible have an alternate contact in place to take calls on your behalf.

 

  1. Always be Professional

It is important to always be professional with tenants, but be careful about becoming overly friendly. If there is not that professional line, tenants may feel compelled to take adventure of your good nature. It is to your benefit to maintain a level of professionalism when it comes to making business decisions regarding your property, especially when it comes to being late with rent payments. Always treat tenants with respect and they in turn will respect you.

 

  1. Leave Supplies for a new tenant

Consider leaving a few basic supplies for a new tenant. It can be as simple as toilet paper in the bathroom along with liquid soap and paper towels. Perhaps water or sports drinks in the refrigerator along with a few simple snacks will be just the welcome a new tenant will appreciate. Unless you go overboard with welcome supplies such surprises will not affect the bottom line. It will also demonstrate to the tenant you are thinking about them and help get the relationship off on the right foot.

 

  1. Maintenance Requests

Always respond to maintenance requests as quickly as possible. Whether you perform the task yourself or have someone else do the work it is important to respond within 24 to 48 hours. It shows you care about the property and keeping it good shape and that you care about the well being of your tenant. It doesn’t matter how menial the task may seem, responsiveness ranks high on a tenants list of good things about a landlord.

 

  1. Check in with Tenants

It is import to maintain an open line of communication with your tenant. Check in with them on a regular basis to make sure they are comfortable. Sometimes, a tenant will notice a small problem, but will feel it is too insignificant to bother you with, but left unchecked it could become a major problem that takes time and effort to fix. Checking with tenants once in a while will make them more compelled to mention the little things before they become big things.


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4 Myths Associated with Buying an Older Home
Posted on Wed, 15 Aug 2018, 02:40:00 PM  in Home buying tips
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4 Myths Associated with Buying an Older Home

4 Myths Associated with Buying an Older Home

 

The tasks of choosing between a new home and an older property can be challenging for many buyers, due to lack of experience and the many myths circulating about older homes. Just because a property needs a little tender loving care doesn’t mean that you should pass it up altogether; there may be some good qualities about the home, including room size, great location, and proximity to your job. Here are some of the most common myths associated with buying older homes.

 

Expensive Winter Upkeep

Some older homes can be drafty, but this doesn’t mean that your utility bills will skyrocket. There are steps that homeowners can take to manage the entry of cold air. Many of the older homes aren’t insulated, and others have looser windows that let the wintry air from outside seep through. However, window treatment is one cost efficient way to fix this issue. Another solution is to add exterior or interior storm windows, without spending a lot of your savings. Adding the storm windows is a lot cheaper than replacing the older windows. The point is that older homes can be kept warm during the winter months, without the expensive heating costs.

 

Unstable Floors

Homes that are still standing should debunk this myth almost instantly. As long as the home was well-built, the floors should still be stable. There are some older homes with dangerous flooring, but the structure of new homes can be unstable as well. The best thing for homeowners to do is have a professional inspect the property, specifically a person who specializes in antique homes. He can give your family an honest critique of the home, which includes other areas and features, in addition to the flooring. Do not completely rule out buying an older home because of uneven floors; this is an issue that can apply to new homes as well.

 

Horrible Investment

It is true that homes lose their value over time, but land appreciates. This means that buying an older home could turn into a profitable investment. Businesses and organizations could want to build on your land, and offer you a lot of money to secure the sell. This would make buying an older home well worth the investment. Another benefit is that when homes depreciate, this can be a tax reduction for homeowners. The contents in the home are also depreciable.

 

Remember that older homes are usually in high demand, but the properties are short in supply; therefore, you have a better chance of selling an older home for more than you paid for it, compared to a newer home. Look for older properties that have vintage designs and rare architecture, to increase your odds of selling the home in the future.

 

Bad Location

The location of older homes is often better, compared to newer homes. This is due to modern developments needing to set up wherever there is lots of free space. As a result, older homes generally have more stores, schools, businesses, and other amenities close by. An older property is typically more central to the city, because it was built first. Before purchasing the home, ride through the area to see if the location is a great fit for your family.

 

When it is time to search for your home, do not rule out older properties based on myths. Speak with an experienced sales representative to learn about all of the great features that older properties have, as well as their investment potential. Sometimes older homes have more to offer than buyers think. You can take advantage of the unique designs, great locations, affordable costs, and more!


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