Posted by Mary Lou Buckley on 7/15/2018

If you intend to list your house in the weeks or months to come, it usually pays to assess real estate market data. In fact, there are many reasons why you should conduct housing market data analysis, and these include:

1. You can learn about the ins and outs of the real estate market.

Let's face it Ė navigating the home selling process can be difficult, regardless of whether you've sold houses in the past or plan to list a home for the first time. Fortunately, housing market data can help you better understand the real estate sector, increasing the likelihood that you'll make informed decisions at each stage of the home selling journey.

Remember, evaluating the prices of available houses in your area, finding out how long these residences have been listed and reviewing other pertinent housing market data can make a world of difference. If you use this information to understand the current state of the real estate market, you can boost your chances of enjoying a fast, profitable home selling experience.

2. You can determine a competitive price for your house.

What you originally paid for your house is unlikely to match your home's current value. Luckily, you can analyze real estate market data to find out how your house stacks up against the competition and price your residence appropriately.

Look at the prices of local residences that are similar to your own Ė you'll be glad you did. If you study this pricing data closely, you can narrow the price range for your house. Then, you can establish a competitive initial asking price for your house.

3. You can reduce the risk of encountering home selling pitfalls.

Want to avoid setting an initial home asking price that is too high or too low? Or, do you want to ensure that your house is buyer-ready from the moment that you add it to the real estate market? If you evaluate housing market data, you can obtain the insights that you need to avoid potential problems during the home selling journey.

Lastly, if you need extra help as you prepare to sell your house, you may want to hire a real estate agent. This housing market professional can provide you with a wealth of real estate market data and offer expert home selling recommendations. That way, you can optimize the value of all of the housing market data at your disposal.

Let's not forget about the comprehensive assistance that a real estate agent offers as the home selling journey progresses, either. A real estate agent will help you list your house, promote it to the right groups of buyers and negotiate with a buyer's agent on your behalf. And if you ever have home selling concerns or questions, a real estate agent will gladly respond to them.

Take a data-driven approach to selling your house Ė perform real estate market data analysis, and you can gain the home selling insights that you need to succeed.




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Posted by Mary Lou Buckley on 7/11/2018

NOTHING COMPARES..Gorgeous Expanded Craftsman Style Cape w/front Farmer Porch in the VERY DESIRABLE Winslow Drive neighborhood! Enter the home and be welcomed by the dining room w/beautiful random width hardwood flooring and generous sized family room w/ full wall of built-ins! Your DREAM KITCHEN is waiting for you...custom white cabinets w/marble counter-tops, center island with granite, 5 burner gas range with convection oven, upgraded stainless steel appliance and much more! 1st floor master bdrm suite w/walk in closet and master bath w/custom tiled shower and more! 2 additional, SPACIOUS bdrms on the 2nd flr as well as a beautiful office w/custom barn doors and hardwood flooring as well! Looking for a place to exercise or set up a 2nd office..FABULOUS finished room above the garage with a separate entrance from the 1st floor kitchen! SPECIAL FEATURES INCLUDE: 1st flr laundry, mudroom, separate entry from garage to basement, 2 staircases leading to 2nd flr.

More Info on this Property | New Listing Alerts





Posted by Mary Lou Buckley on 7/8/2018

Want to wake up each day to a stunning luxe bedroom? Feel like you canít achieve this without draining your account? Iíve got good news, today IĎm going to share my favorite upscale upgrades you can make even on a budget. You donít have to be royalty to live like one, you just need to get creative (and put in some elbow grease).

Add mirrors to closet doors to bring in more light and make your bedroom feel larger. Get mirrors cut to cover over the panels of a door for a smooth, luxe look. This works great whether you have a hinged swinging door style or bifold.   

Create a faux canopy bed with curtain rods installed on the ceiling. Look for bracket styles described as ceiling mounted or those that completely enclose the rod. There are also room divider options that allow for rods to connect and create a seamless look. The curtain fabric you use will completely set the tone and atmosphere of the room.

Restain a piece of furniture or your whole set to give an old piece new life. This is a great long weekend project as you will need to time to sand down the pieces as well as stain and add a finishing coat. A dark stain will feel upscale and luxurious.

Create a built-in library with a window seat by filling a wall with bookcases flanking each side of a bench or trunk. Add molding around where they will meet the ceiling and floor to fully integrate them and give that built-in look. Ensure that whatever finish you choose for your new bookcase it matches existing woodwork in the room.

Update your light fixtures to create a rich new atmosphere. Update sconces to a new sleek silhouette. Swap a flush mount ceiling light for a pendant or chandelier. Replace a ceiling fan with blades for a drum style fixture for a true update in style.

And of course, there is nothing a fresh coat of paint canít update. Create a luxurious atmosphere by choosing a neutral palette. Or be bold with a statement color that feels high end and ahead of the style curve. This one change can completely alter the look and feel of your bedroom without the need to change out any of your furniture to linens.

With that said, changing out linens is a great, easy way to upgrade your bedroom. Invest in a set with a high thread count and luxe-to-you style. Invest in a down blanket to stay toasty warm throughout the colder months. Curtains that sweep from ceiling to floor feel extravagant and create the illusion of a taller room. Load up on decorative pillows for a well-styled room that feels style-shoot-ready.




Tags: bedroom   upscale   high-end  
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Posted by Mary Lou Buckley on 7/1/2018

Itís hard to overstate the importance of credit scores when it comes to buying a home. Along with your down payment, your credit score is a deciding factor of getting approved and securing a low interest rate.

Credit can be complicated. And, if you want to buy a home in the near future, it can seem daunting to try and increase your score while saving for a down payment.

However, it is possible to significantly increase your score in the months leading up to applying for a loan.

In todayís post, weíre going to talk about some ways to give your credit score a quick boost so that you can secure the best rate on your mortgage.

Should I focus on increasing my score or save for a down payment?

If youíre planning on buying a home, you might be faced with a difficult decision: to pay off old debt or to save a larger down payment.

As a general rule, itís better to pay off smaller loans and debt before taking out larger loans. If you have multiple loans that youíre paying off that are around the same balance, focus on whichever one has the highest interest rate.

If you have low-interest loans that you can easily afford to continue paying while you save, then itís often worth saving more for a down payment.

Remember that if you are able to save up 20% of your mortgage, youíll be able to avoid paying PMI (private mortgage insurance). This will save you quite a bit over the span of your loan.

Starting with no credit

If youíve avoided loans and credit cards thus far in your life but want to save for a home, you might run into the issue of not having a credit history.

To confront this issue, itís often a good idea to open a credit card that has good rewards and use it for your everyday expenses like groceries. Then, set up the card to auto-pay the balance in full each month to avoid paying interest.

This method allows you to save money (youíd have to buy groceries and gas anyway) while building credit.

Correct credit report errors

Each of the main credit bureaus will have a slightly different method for calculating your credit score. Their information can also vary.

Each year, youíre entitled to one free report from each of the main bureaus. Take advantage of these free reports. Theyíre different from free credit checks that you can get from websites like Credit Karma because theyíre much more detailed.

Go through the report line by line and make sure there arenít any accounts you donít recognize. It is not uncommon for people to find out that a scammer or even a family member has taken out a line of credit in their name.

Avoid opening several new accounts

Our final tip for boosting your credit score is to avoid opening up multiple accounts in the 6 months leading up to your mortgage application.


Opening multiple accounts is a red flag to lenders. It can show that you might be in a time of financial hardship and can temporarily lower your score.





Posted by Mary Lou Buckley on 6/24/2018

If youíre ready to buy a home, you probably have done a lot of research. One thing is sure: You know you need to get pre-approved for a mortgage. Itís perhaps the most critical step in the process of buying a home for a variety of reasons. Thereís down payments and debt-to-income ratios, and other financial issues to worry about. You need to know what type of mortgage you should get. To help you understand what kind of mortgage you need, you should get pre-approved.


Understand The Pre-Approval Process


There are many misconceptions about pre-approvals. First, buyers need to understand that there is a difference between a pre-qualification and a pre-approval. A pre-qualification merely scrapes the surface of your financial state, while a pre-approval goes through everything a mortgage company will need to grant you a loan. You may be pre-qualified for a much higher amount than you can actually afford, for example.


Pre-Approval Defined


A pre-approval is a lenderís written commitment to a borrower. The approval states that the lender is willing to lend a certain amount of money for a home. The lender obtains the following from the buyer:


  • Employment history
  • Credit report
  • Tax returns
  • Bank statements


The time and effort that it takes to get a pre-approval is worth it because everything will be ready for the lender to grant the mortgage once an offer is made on a home. It also gives the buyer an upper hand in finding the home of their dreams. Many sellers require a pre-approval with an offer.


When To Get A Pre Approval


As soon as you know youíre serious about buying a home and are ready to start the house hunt, you should get pre-approved. Pre-approvals do expire after a certain amount of time, but lenders can renew them with proper notice. 


The Importance Of The Pre-Approval


Many buyers feel that they can skip the pre-approval process altogether. It has many benefits. Besides giving you a better look at your finances and how much house you can afford, pre-approvals can:


  • Give you the insight to correct your credit score and help you correct credit problems
  • Help to avoid disappointment when you find a home you love
  • Allow first-time buyers to see all of the costs involved in buying a home


A pre-approval is a handy thing to have, and itís not just because the experts say itís essential. Getting pre-approved for a mortgage can help you to be more on top of your finances going into one of the most significant purchases you'll ever make in your life. 

 




Tags: Buying a home   Mortgage  
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