Cool post thanks really great more on real estate please

  Posted in Residential on

  by admin

“We have more ducks coming in, more chickens coming in. … I just told you all the stuff I have to do!” – Jay Cutler, sounding a bit like Napoleon …

Age is no barrier for mortgage applicants

  Posted in Residential on

  by admin

https://realtybiznews.com/age-is-no-barrier-for-mortgage-applicants/98757328/

Many older
citizens do not realize that they could still qualify for a mortgage,
even though discrimination against applicants based on their age is
forbidden by the Equal Credit Opportunity Act.

Indeed, even some mortgage professionals are unaware of the rules, it seems. The Wall Street Journal relates the case of Mary Babinski, a senior loan officer with Motto Mortgage Champions, based in Trinity, Florida, who said she was surprised that a 97-year old applicant who came to inquire about a mortgage was still eligible to qualify for a 30-year loan. In fact, older borrowers can qualify for loans that will expire up to their 130th birthday, the Journal said.

But
not all lenders are unaware of the opportunity with senior citizens.
In fact, some are even trying to promote their loans to retirees with
special lending programs geared towards that age group.

There’s
a big market there, as borrowers aged over 65 comprise around 10% of
all mortgages originated each year, the Federal Housing Finance
Agency said.

Still,
not every senior can qualify. That’s because many of them are no
longer in full-time work, and so they only have limited monthly
earnings. But many might be able to qualify based on their pensions,
social security benefits, dividends and whatever interest they have
available, experts say. Lenders are also more willing to work with
retirees to help them qualify, based on income, assets or
distributions, the Journal said.

Some
retirees could even qualify for a jumbo mortgage, said Richard
Barenblatt, a mortgage specialist with GuardHill Financial in New
York. He told the Journal he was able to get one retired, 83-year old
Manhattan co-op owner a $1 million, 10-year, interest-only
adjustable-rate mortgage for a refinance at a “highly competitive
rate”.

The post Age is no barrier for mortgage applicants appeared first on RealtyBizNews: Real Estate News.

Age is no barrier for mortgage applicants

  Posted in Residential on

  by admin

https://realtybiznews.com/age-is-no-barrier-for-mortgage-applicants/98757328/

Many older
citizens do not realize that they could still qualify for a mortgage,
even though discrimination against applicants based on their age is
forbidden by the Equal Credit Opportunity Act.

Indeed, even some mortgage professionals are unaware of the rules, it seems. The Wall Street Journal relates the case of Mary Babinski, a senior loan officer with Motto Mortgage Champions, based in Trinity, Florida, who said she was surprised that a 97-year old applicant who came to inquire about a mortgage was still eligible to qualify for a 30-year loan. In fact, older borrowers can qualify for loans that will expire up to their 130th birthday, the Journal said.

But
not all lenders are unaware of the opportunity with senior citizens.
In fact, some are even trying to promote their loans to retirees with
special lending programs geared towards that age group.

There’s
a big market there, as borrowers aged over 65 comprise around 10% of
all mortgages originated each year, the Federal Housing Finance
Agency said.

Still,
not every senior can qualify. That’s because many of them are no
longer in full-time work, and so they only have limited monthly
earnings. But many might be able to qualify based on their pensions,
social security benefits, dividends and whatever interest they have
available, experts say. Lenders are also more willing to work with
retirees to help them qualify, based on income, assets or
distributions, the Journal said.

Some
retirees could even qualify for a jumbo mortgage, said Richard
Barenblatt, a mortgage specialist with GuardHill Financial in New
York. He told the Journal he was able to get one retired, 83-year old
Manhattan co-op owner a $1 million, 10-year, interest-only
adjustable-rate mortgage for a refinance at a “highly competitive
rate”.

The post Age is no barrier for mortgage applicants appeared first on RealtyBizNews: Real Estate News.

Planets best real estate super fan right here

  Posted in Residential on

  by admin

“We have more ducks coming in, more chickens coming in. … I just told you all the stuff I have to do!” – Jay Cutler, sounding a bit like Napoleon …

Age is no barrier for mortgage applicants

  Posted in Residential on

  by admin

https://realtybiznews.com/age-is-no-barrier-for-mortgage-applicants/98757328/

Many older
citizens do not realize that they could still qualify for a mortgage,
even though discrimination against applicants based on their age is
forbidden by the Equal Credit Opportunity Act.

Indeed, even some mortgage professionals are unaware of the rules, it seems. The Wall Street Journal relates the case of Mary Babinski, a senior loan officer with Motto Mortgage Champions, based in Trinity, Florida, who said she was surprised that a 97-year old applicant who came to inquire about a mortgage was still eligible to qualify for a 30-year loan. In fact, older borrowers can qualify for loans that will expire up to their 130th birthday, the Journal said.

But
not all lenders are unaware of the opportunity with senior citizens.
In fact, some are even trying to promote their loans to retirees with
special lending programs geared towards that age group.

There’s
a big market there, as borrowers aged over 65 comprise around 10% of
all mortgages originated each year, the Federal Housing Finance
Agency said.

Still,
not every senior can qualify. That’s because many of them are no
longer in full-time work, and so they only have limited monthly
earnings. But many might be able to qualify based on their pensions,
social security benefits, dividends and whatever interest they have
available, experts say. Lenders are also more willing to work with
retirees to help them qualify, based on income, assets or
distributions, the Journal said.

Some
retirees could even qualify for a jumbo mortgage, said Richard
Barenblatt, a mortgage specialist with GuardHill Financial in New
York. He told the Journal he was able to get one retired, 83-year old
Manhattan co-op owner a $1 million, 10-year, interest-only
adjustable-rate mortgage for a refinance at a “highly competitive
rate”.

The post Age is no barrier for mortgage applicants appeared first on RealtyBizNews: Real Estate News.

anyone like this as much as me

  Posted in Residential on

  by admin

anyone   like  this  as much as me

10 Trending Design Fads for 2020

Dining rooms with personality? Tiled bathtub aprons? Houzz offers its picks for the hottest trends to watch throughout the year.
January 16, 2020

Age is no barrier for mortgage applicants

  Posted in Residential on

  by admin

https://realtybiznews.com/age-is-no-barrier-for-mortgage-applicants/98757328/

Many older
citizens do not realize that they could still qualify for a mortgage,
even though discrimination against applicants based on their age is
forbidden by the Equal Credit Opportunity Act.

Indeed, even some mortgage professionals are unaware of the rules, it seems. The Wall Street Journal relates the case of Mary Babinski, a senior loan officer with Motto Mortgage Champions, based in Trinity, Florida, who said she was surprised that a 97-year old applicant who came to inquire about a mortgage was still eligible to qualify for a 30-year loan. In fact, older borrowers can qualify for loans that will expire up to their 130th birthday, the Journal said.

But
not all lenders are unaware of the opportunity with senior citizens.
In fact, some are even trying to promote their loans to retirees with
special lending programs geared towards that age group.

There’s
a big market there, as borrowers aged over 65 comprise around 10% of
all mortgages originated each year, the Federal Housing Finance
Agency said.

Still,
not every senior can qualify. That’s because many of them are no
longer in full-time work, and so they only have limited monthly
earnings. But many might be able to qualify based on their pensions,
social security benefits, dividends and whatever interest they have
available, experts say. Lenders are also more willing to work with
retirees to help them qualify, based on income, assets or
distributions, the Journal said.

Some
retirees could even qualify for a jumbo mortgage, said Richard
Barenblatt, a mortgage specialist with GuardHill Financial in New
York. He told the Journal he was able to get one retired, 83-year old
Manhattan co-op owner a $1 million, 10-year, interest-only
adjustable-rate mortgage for a refinance at a “highly competitive
rate”.

The post Age is no barrier for mortgage applicants appeared first on RealtyBizNews: Real Estate News.

When Can Top Massachusetts Movers Help

  Posted in Residential on

  by admin

https://realtybiznews.com/when-can-top-massachusetts-movers-help/98757352/

Moving is a big decision and finding the best mover in Massachusetts is probably one of the most challenging tasks in the process. Organization is the keyword of dealing with this vast process and the perfect transportation company will help you with exactly that – they will make sure that you are not missing anything on your big moving day. Finding the perfect mover can be difficult and you can do this by asking friends and family about contacts or by going online. Nowadays, people go online to complain about anything a company has done badly, so it will be easy to rule out some unreliable sources.

Moving can be put into many categories, depending on its
type – personal or professional – or depending on the distance it will cover.
In this article, we tackle the different scenarios in which you will want to
resort to a top Massachusetts mover.

You’re moving locally

With Massachusetts being the most populated state in the New England region of the northeastern United States, no wonder that you want to stay there and enjoy the fun. Whether you are moving from Boston to, let’s say, Springfield, or vice versa, you will need the best movers you can get. Moving to the capital can be overwhelming in itself, so you have to make sure that the process will go as smoothly as possible, as Marathon Moving & Storage declares.

You’re going interstate

For a stress-free move, you should choose to go with a
transportation company that takes care of your every need. And this is so much
more difficult to attain when we are talking about interstate moving. The
longer the distance, the more your belongings have to be taken care of by the
movers. Because your stuff will be out of your reach for so long, you have to
make sure that you totally trust the movers.

Take into consideration that this will require more money than a local movement, but don’t let yourself fooled by those who overprice. Industry-standard pricing should be calculated by taking into consideration the origin-destination equation and weight. The New York Times has this great article on hiring interstate movers you should read: https://www.nytimes.com/2018/05/08/smarter-living/hire-interstate-movers-without-getting-scammed.html.

You’re moving your business

If moving from your apartment to a bigger house is tough,
business relocation is even tougher. This is because entrepreneurs have to take
into consideration so much more than just what to keep and what to throw away.
When you run a business, this becomes the least of your worries.

When moving your business, time is of paramount
importance. For it to turn into a success, you must make sure that the movers
you rely on are punctual and reliable. You do not want your first day of work
in the new office to be postponed by some packages that did not make it in
time.  

You are going out of the country

This is a big move. If you are going for an international
relocation, you need the best transportation company on the market. The bigger
the distance, the greater the mover’s responsibility. Making sure that you go
with the best mover in Massachusetts means ticking boxes such as pricing,
timing, reliability, and responsibility. More than in any other case, an
international move requires increased attention at what can be packed and what
cannot. There are so many things you will have to go through with the chosen
mover – determining the density of the items, for example, is very important
for preventing overflow shipping. 

You are looking for storage options

Packing is hard, but storing can sometimes be even harder. Choosing the best boxes and labeling them as fragile is a tough and tedious process, but it can be done faster with some great tips. We found some for you right here, so problem solved.

When it comes to storing, the problem could be out of
your reach. I mean, you could be moving from a huge house, with 5 rooms, to a 2
rooms-apartment. Where will all your belongings go? It might take a lot of time
for you to decide what to do with all that stuff. Top Massachusetts movers come
in on this one as well and get you all the help you need. They provide you the
storage space needed while moving and even after the process has ended.

The post When Can Top Massachusetts Movers Help appeared first on RealtyBizNews: Real Estate News.

love the fanpage

  Posted in Residential on

  by admin

love the   fanpage

10 Trending Design Fads for 2020

Dining rooms with personality? Tiled bathtub aprons? Houzz offers its picks for the hottest trends to watch throughout the year.
January 16, 2020

How to Sell Your House in 2020

  Posted in Residential on

  by admin

https://www.redfin.com/blog/how-to-sell-your-house/

So, you’ve evaluated your finances, thought about your lifestyle, and made the big decision to sell your home. Maybe you’re downsizing because the kids have finally left the nest, or you’ve gotten a job in a new city and need to relocate, or maybe you’ve just retired and want to head south to warmer climates. Whatever your reason, you’re ready to sell. Luckily, for you, we put together a comprehensive guide for first-time and seasoned home sellers. Continue reading to find out how to sell your house this year.

1) Hire a Home Inspector

You’re probably thinking, wait, isn’t that the buyer’s responsibility? You’re not wrong. When you’ve accepted an offer, the buyer will most likely request a home inspection of their own. So, why would you have one? First, if a home inspection turns up something that’s in need of repair, wouldn’t you prefer to resolve it before entering into negotiations?

In fact, if you end up needing to make repairs that take weeks to fix, you may lose that buyer altogether. Having a home inspection is a proactive approach to getting your home ready to sell. Known as a pre-listing home inspection, you can find out the exact condition of your property, what issues and repairs need to be addressed beforehand, fix them, and then focus on the next task to sell your home fast.

Also, knowing the condition of your property will further assist you during the negotiation phase with potential buyers. As you may already be aware, buyers often use their home inspection as a way of getting concessions from sellers, such as asking you to drop your list price. If you’ve already addressed these repairs, it is less likely that anything new will come up and impact your negotiation.

2) Make Repairs and Small Upgrades to Your House

After you receive a comprehensive list of repairs you should make, it’s time to get started either making the repairs yourself or contracting the right person to do them. This may also be a great time to make small upgrades to your home.

Understand Your Home’s Selling Points

First, try understanding your home’s selling points and then highlight those features to make them really stand out. Not sure what those features are? Just think about what sold you on your home when you first toured it. Was it the kitchen, the open floor plan, or that personal studio space? These are the features you’ll want to concentrate on because they are most likely to sell your house again.

Enhance Your Outdoor Space

When you are selling your house, you want to find ways to make it stand out and what better way than having the most beautiful entrance and lawn on the block. You don’t necessarily have to paint the exterior of your house to impress homebuyers. Simple things like trimming your hedges and a freshly mowed lawn will go a long way. Even freshly laid beauty bark and newly planted flowers can really make your yard pop! If these improvements seem like too much to handle while you’re trying to prepare your home to sell, look into hiring a landscaper to assist.

Brighten Your Home

Simple ways to brighten your home include painting your ceilings white and choosing a wall color that is brighter and more neutral. 

3) Declutter and Prep Your House to Sell

Decluttering and prepping your house are steps you should make a priority. Renting storage units is becoming an increasingly popular method of decluttering one’s house before selling it. The idea is to limit the amount of stuff in your house so that potential future owners can envision themselves (and their stuff) in that space. Even removing photos is a great way to allow potential buyers to think about what they would hang on those walls. If you’re looking for a quick turnaround, bring in a professional organizer. They can help get your house in order, while also preparing you for a stress-free move.

4) Find a Real Estate Agent

Finding a real estate agent is easy, finding a great real estate agent can be more of a challenge. Getting referrals and reading online reviews is a great way to start narrowing down your options. You’ll want to understand what you’re looking for when hiring a real estate agent to represent your best interests. Here are some questions to consider asking any potential candidate:

How many clients have you served this year?
Has a client ever filed a complaint against you?
What is your fee? 
What services do you offer beyond negotiations and escrow?

After you decide on a real estate agent, you and your agent should come up with a plan of action. It should include a timeline, from the pricing of your house and getting it listed on MLS to open houses. You and your agent should be on the same page at all times and a plan of action will help ensure that.

5) How to Price Your House to Sell

Now is the time to find out what price you should list your home. You can start by using online tools to help you get an idea of what your home is worth. However, you should never set your sights on a single number and expect it to happen. Market conditions change all the time and so too does buyer behavior. 

Another option is to conduct an appraisal. Home appraisers are licensed professionals that will assess the value of your house based on the state of your property and overall housing market conditions. They will look at the size of your property, the interior and exterior conditions of your house, any upgrades, additions or home improvements you’ve done, and then calculate your home’s worth based on the local market conditions.

Looking at comparables of recently sold homes in your area will also help you settle on a price. These homes should be similar in size, location, and sold within the last few months. Furthermore, you want to be strategic about your pricing. Instead of lumping the price of your house in with others in the area, strategize your pricing based on your home’s selling features. In other words, if there are three houses for sale in you’re area and they are priced at $350,000, you might be able to justify $360,000 or more because you have a larger lot size or maybe you’re located in a popular neighborhood.

6) Get Professional Photos Taken of Your Home

Nothing sells a house faster than professional photos. Put yourself in the buyer’s shoes. They are searching online, looking at every home that comes up for sale within their filtered interests the moment it’s listed. If your house is represented online by poorly shot photography, your listing will see very little traffic. Not to mention, it’s widely observed that houses with professionally shot photos, on average, sell for more money than other listings.

Furthermore, 3D walking tours along with aerial photography that show a bird’s eye view of one’s home and its surrounding area have become increasingly popular with buyers looking online. Many agencies include some or all of these services as a component of their overall services to you as a seller. Just remember, the better you represent your house online, the faster it will sell.

7) List Your Home to Sell

Your real estate agent will list your home online on MLS (Multiple Listing Service), in order for it to start showing up on real estate search platforms to potential buyers.

You may be wondering, when is the best time to list your home? If you’re thinking about waiting for a specific season, then you might be waiting for nothing. In 2016, Redfin analyzed more than 7 million home sales to identify specific seasonal trends. It was determined that while spring was slightly better for homes that sold within 30 days and for above-asking price, winter was surprisingly a close second. What plays a bigger role in a house being sold quickly and/or above-asking price has more to do with current market conditions than the season a house is sold.

Also, don’t limit the marketing of your house to your real estate agent and online search. Market your house yourself! Spread the word through your family and friends. Share your listing on social media and send out emails asking people to share your listing with others. 

8) Have Open Houses and Personal Showings

Your first open house is what you’ve been working towards and now it’s about to happen. It’s time to step up your game and stage your home to sell. If you don’t deem yourself a design-minded individual, consider hiring a professional home stager to help. Here is a list of things to consider that will really help you make your house shine:

Clear the clutter: You may have already transferred most of your belongings to a storage unit by this point. Now is the time to focus on cleaning up the clutter on countertops and tables. Put away newspapers, mail or magazines, or if you have children, help them pick up their toys.
Deep clean your house: Nothing turns off buyers more than an unclean bathroom. That is also true for the rest of your house. Now more than ever is the time to wash your windows, windowsills, and scrub your grimy glass shower doors.
Add white accents: White accents such as flowers or towels in the bathroom create a sense of welcome cleanliness.
Arrange furniture: You don’t have to necessarily rent furniture to stage your home. You can most likely use what you have. The key is to limit the number of furniture pieces in any one room. Then arrange them in a way that’s inviting to people as they enter the room.
Bring in light: Think about removing your curtains or keeping them drawn back to allow as much light into your house as possible. If you have rather large elaborate curtains, consider storing them away until you get to your next home.
Highlight your floors: Floors are a key feature homebuyers are looking at, especially if you have wood floors. Show them off by removing any rugs or unneeded furniture so that more of your flooring can be seen. If you have wood floors, think about polishing them to really make them pop.
Organize all closets and drawers: Homebuyers touring your home will most likely look in your closets to determine space and, frankly, to see if their stuff will fit in there. They will also likely open kitchen drawers and cabinets as well, so make sure everything is nice and tidy.
Dust: Concentrate on all the areas that you’ve most likely have turned a blind eye to for some time, like ceiling fans, baseboards, on top of doorways, appliances, etc.

9) Have a Plan in Case your Home Doesn’t Sell Quick Enough

You and your real estate agent should have already gone over this beforehand, but not every house sells after the first open house. There are many factors at play and depending on the condition of the housing market for your area, your real estate agent may have to use some other strategies in their arsenal to get your house sold. If it’s lowering the price of your home or holding more open houses, you’ll want to agree on what the next steps should be in case your house isn’t seeing any offers.

10) Negotiate the Sale Price of Your Home

One thing to consider is that the buyer is trying to get the absolute best price they can, while you’re doing the exact same. There will be multiple factors to consider, as each home sold and purchased is different. For example, if it’s a buyer’s market, that means the buyer has the upper hand because there are multiple listings with fewer offers being made. However, that doesn’t necessarily mean you have to make huge concessions in order to sell your house.

This is where your agent really steps up. They will help you navigate the negotiation process, and will give you their advice on how to proceed when offers are being made. Luckily, you interviewed and hired the right agent, so you know they have your best interests in mind.

11) Sign and Close

You and your agent have been working towards this moment. You’ve agreed on a price with the buyers, all inspections and appraisals of your home have been completed, and you are now signing the papers to sell your house. Congratulations, you’ve done it!

The post How to Sell Your House in 2020 appeared first on Redfin Blog.