Realty Vision


Posted by Realty Vision on 1/17/2019

One of the most satisfying aspects of being a new homeowner is the process of "making it your own."

That could include everything from painting walls and hanging pictures to replacing window treatments and assembling shelves. (Then, of course, there's the unpacking, furniture arranging, organizing, and room cleaning!)

For some people, one of the biggest challenges in getting unpacked, set up, and fully decorated is keeping their motivation high. While momentum is usually highest during the first few weeks of living in a new home, a lot of distractions, interruptions, and competing priorities can quickly vie for your attention.

In addition to using good time management skills and setting self-imposed deadlines for getting projects done, here are a few other strategies for staying on track with your decorating and home improvement goals:

Purchase needed supplies ASAP: It's easy for a project to get derailed or put on the "back burner" when you don't have all the tools, supplies, and materials you need to get started. Painting walls and ceilings is the perfect example because you can't get fully underway until you have a variety of brushes, rollers, paint trays, drop cloths, painters' tape, and a sufficient supply of paint -- often more than one color. If you have holes or cracks to fill, you may also need additional supplies like joint compound, a putty knife, and sandpaper. When you have immediate access to all the supplies you need for a particular project, it eliminates potential delays, excuses for getting started, and interruptions in your work flow.

Arrange child care: Sometimes the best approach to keeping your children supervised and entertained while you're working on the house is to hire a responsible teenager to babysit. If you have one or more older children in the family who can help take care of the younger ones for a few hours, then that's even better. In either case, you'll be able to stay focused on the task at hand and get a lot more accomplished.

Make it a priority: The problem with continually postponing a home repair, a landscaping task, or a painting project is that weeks can easily turn into months! Before you know it, years have gone by and you still haven't organized your basement, cleaned out those clogged rain gutters, or applied a fresh coat of paint to your outdated bathroom walls. By blocking off a specific period of time for getting a project underway or completed, you'll be accomplishing your home maintenance goals and beautifying your home faster and more efficiently.

Commit it to writing: When you write yourself a reminder note, create a to-do list, mark it on your calendar, or even text your spouse about your plans to tackle the project on Saturday, you've increased the probability that it will get done. Verbally telling people about it, such as when they ask you what you're doing this weekend, will also help fuel your motivation and nudge you to get the job done in a timely way!





Posted by Realty Vision on 1/10/2019

A new house means a clean slate for redecorating. Which is fun and exciting but can become quickly frustrating if you struggle to match the furniture in front of you to the vision in your head.

If you find that this happens the good news is that you are probably a lot closer to creating a beautiful, well-designed room than you think. Itís usually subtle touches that designers keep up their sleeves that make all the difference for a stylish room.

The first thing to keep in mind is that all furniture should be arranged to fit onto your area rug. If this isnít the case or you donít have an area rug, this is a worthy investment when youíre able to do so. If you love youíre existing area rug that is too small you can always layer it over a larger rug. This will add dimension and a designer touch, look at you go.

Keep furniture away from the wall. This also makes the above tip much easier to achieve. Thatís right you donít need to find a rug that will span the entire room. Keeping the furniture in the center of the room makes it feel bigger and more spacious. Youíll never look at your friendís and familyís rooms the same!

Match the size of the artwork you hang up to the size of the furniture you hang it over. Aim for the frame to be at least ? of the size of what it is over and hang it mid-eye level. If you have a gallery wall design it to be so that it still covers a large enough amount of wall space. And smaller artwork can always be creatively reframed.   

Take your familyís traffic patterns and activities into consideration when arranging. Blocking main routes with a piece of furniture is awkward and cumbersome. And designing a room that doesnít accommodate your familyís lifestyle can create chaos and even discord. Make space for toys, video games and homework stations for example.

Take advantage of different levels of lighting. Combining overhead lighting with table and floor lamps create a well-lit comfortable room. It also allows for more control over the ambiance of the room whether itís time to wind down at night or youíre having friends over for the game.

Add enough tables to the room. A large coffee table is an anchor to the room and allows for drinks to rest, snacks to be laid out and feet to be kicked up. You also want side tables in reach of all sitting positions, and as a place for those table lamps, we mentioned earlier.

And last but not least the secret detail few homeowners include is greenery. Lots of greenery throughout a room makes it feel pulled-together and ďrightĒ. It can be via potted plants, fresh-cut flowers or both! If you donít have a green-thumb there are lots of low-maintenance plants that can survive the most destitute of conditions. Visit a local greenhouse to get an expert opinion on what will fit your level of experience and the lighting conditions of your room. Hint: itís a good idea to know which direction your windows are facing i.e. North, NorthWest, West etc.





Posted by Realty Vision on 1/3/2019

Applying for a mortgage is a big step towards homeownership and financial independence. If itís your first time buying a home, you might be curious (and a little intimidated) about all of the things that go into your mortgage application.

When reviewing your application, mortgage lenders are trying to determine how risky it is to lend you money. If all goes well, and they determine that lending to you would be a worthy investment, youíll get approved for a mortgage.

There are three main things that lenders will use when weighing your application (however, there are other factors as well).

First, theyíll run a detailed credit report. This will tell them how much other debt you have, what kind of accounts you have open, how long youíve had this debt, and how responsible you are when it comes to making your monthly payments in time.

Second, theyíll consider how much money youíll be using toward a down payment. A larger down payment alleviates some of the risk associated with lending to you. Therefore, people with little or no down payment saved can have a difficult time getting approved for a mortgage. And, if they do get approved, theyíll have to pay monthly private mortgage insurance on top of their regular mortgage payments.

Finally, the third main consideration will be your current income. Lenders will look at your previous two years of income (including tax returns) and will seek out current income verification from your employer.

The latter is a key part of getting approved, as lenders will want to ensure that you are in a stable financial situation and will be able to immediately start making mortgage payments.

Todayís post will center around income verification and how mortgage lenders will use your income to determine your borrowing eligibility.

How Do I Verify My Employment?

If youíre employed with a company, most lenders will reach out to your employer directly to verify your employment. Youíll be asked to sign a form that authorizes your employer to share these details with the lender, and then your part of the job is done and you can move on to the next step of your application.

Things get trickier when youíre a freelancer, are self-employed, or work with several clients as a contract worker. In these situations, lenders will typically require you to file a Form 4506-T with the IRS. This form allows your lender to obtain your tax returns directly from the IRS.

Can I submit additional information to verify my income?

There are some situations where providing additional income information can bolster your case in terms of getting approved for a mortgage.

If you own a business, your lender of choice may ask for a profit and loss statement. If youíre an independent contractor or freelancer, your clients who have paid you at least $600 or services or $10 in royalties will be required to send you a Form 1099-MISC.

If you have mixed income, such as a full-time job with freelance work on the side, showing these 1099-MISC forms can help increase your income on paper so that lenders will approve you or a higher mortgage amount or lower interest rate.




Categories: Uncategorized  


Posted by Realty Vision on 12/27/2018

A home inspection may make or break the property buying journey. If you attend a home inspection and find no major issues with a residence, you may choose to move forward with your house purchase. However, if a home inspection reveals significant problems, you may decide to rework a home purchase agreement or walk away from this agreement altogether.

If you plan to purchase a home, it generally is a good idea to include a home inspection in your property buying strategy. And if you know how to plan for a house inspection, you can use this evaluation to gain the insights you need to make a data-driven decision about a home purchase.

Now, let's take a look at three tips to help you prepare for a home inspection.

1. Hire an Expert Home Inspector

With an expert home inspector at your side, you can gain comprehensive insights into a house's overall condition. Then, you can obtain an in-depth inspection report to help you weigh the pros and cons of purchasing a residence.

It is important to conduct an extensive search for the best home inspectors in your area. Search for home inspectors who boast many years of industry experience and come highly recommended from past clients. By doing so, you can find a home inspector who will meet your expectations.

2. Craft a Home Inspection Checklist

It often helps to enter a home inspection with a checklist. If you have a checklist in hand, you should have no trouble conducting a full home evaluation.

You should include all areas of a residence's interior and exterior in your home inspection checklist. Furthermore, you should include a home's heating and cooling system, roof and other key parts of a house in your checklist.

3. Consult with a Real Estate Agent

Preparing for a home inspection may prove to be stressful. Thankfully, a real estate agent can help you get ready for a home inspection and ensure you can make the best-possible decision regarding a house purchase.

A real estate agent is a homebuying expert who is happy to help you at all stages of the property buying journey. In the days leading up to a home inspection, a real estate agent can respond to any of your concerns or questions so you can prepare for the evaluation. Next, on the day of the inspection, a real estate agent will attend the evaluation with you. And after the inspection is complete, you and your real estate agent can discuss the assessment results and determine how to proceed.

Ultimately, a real estate agent can help you streamline the home inspection process. He or she may even be able to put you in touch with the top house inspectors in your area, thereby increasing the likelihood that you can identify any major property issues before you finalize a home purchase.

Ready to conduct a home inspection? Use the aforementioned tips, and you can enter a home inspection as an informed property buyer.




Categories: Uncategorized  


Posted by Realty Vision on 12/20/2018

Let's face it Ė determining how to price a home is rarely simple for a seller. In some instances, your home may be worth less than you originally paid for it.

Ultimately, if you failed to maintain your house over the years, various home problems may crop up when you decide to list your residence. If these issues go unaddressed, it may be tough for you to maximize your house sale earnings.

With the right approach to preparing your house for the real estate market, you could upgrade your residence in no time at all. Now, let's take a look at three tips to help you improve your residence and ensure you can obtain the optimal price for your house.

1. Enhance Your Home's Curb Appeal

How your residence looks in the eyes of potential buyers is key. Because if a buyer falls in love with your house the moment he or she sees it for the first time, you could benefit from a fast, profitable house selling experience.

Improving your home's curb appeal can be quick and simple. For instance, mowing the lawn and trimming the hedges can help you transform an ordinary front lawn into a pristine one. And if you have any damaged or cracked home siding, you should repair it as well.

2. Upgrade Your House's Interior

Ensure your home's heating and cooling system and other internal systems are working properly. If you find there are issues with any of these systems, contact a professional to repair them.

Don't forget to clear clutter from your house, too. If you find your home is filled with assorted knick-knacks and items you no longer need, you can sell these items. Or, you can always donate the items you no longer need to a local charity or give them to family members or friends.

If you maintain a neat, tidy house, buyers are sure to be impressed as soon as they walk through your front door.

3. Conduct a Home Inspection and Appraisal

A home inspection usually is completed before a buyer finalizes their house purchase. Yet a seller who conducts an inspection may identify myriad house problems. They can then take steps to address such issues before listing his or her residence.

Additionally, a home appraisal may be crucial for a seller. During an appraisal, a property expert will examine a home and offer a property valuation. Next, a seller can use this valuation to determine how to price their house.

As you get set to add your home to the real estate market, you also may want to hire a real estate agent. This housing market professional will craft a custom home selling strategy for you. Plus, he or she will do whatever it takes to help you achieve your desired house selling results.

Ready to list your home? Take advantage of these tips, and you may be able to obtain an offer to purchase that matches or exceeds what you originally paid for your house.







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