You can’t turn on a TV, computer or radio these days without hearing about financial crisis America is experiencing and the proposed $700 million dollar government bailout.
It is still unclear how this legislation will affect every day folks like you and me, but there are some things we can do to protect our personal financial futures.
Gibran Nicholas, chairman of the CMPS Institute, an organization that certifies mortgage bankers and brokers, makes 4 suggestions for protecting ourselves in today’s troubled economy in an article on Rismedia.com:
1 – Make Sure Your Investments Are Protected Through the SIPC.
2 – Make Sure All Your Bank Accounts Are Covered with FDIC Insurance.
3 – Max Out Your Home Equity Line of Credit Before Your Lender Cuts Off the Limit.
4 – Stop Making Extra Mortgage Payments and Take Out a Mortgage Even If You Don’t Need One.
Please read Nicholas’s entire article to best understand his suggestions. They are so important, I did not want to try to paraphrase his comments.
If you have question concerning Okemo Mountain real estate, visit ISellVermontRealEstate.com or give me a call, 800-659-1819.
Does your Ludlow VT home have a façade only a homeowner could love? Selling a home can be an emotional experience, and people can lack objectivity when it comes to their own abode. Presenting a home in its best light is always important, but it’s imperative in our current competitive real estate market.
Professional advice and assistance can make the difference between “Wow!” and “Whaaa?” – a recent industry study found that staged homes 94.9 percent of staged homes sell in 35 days or less, while unstaged homes sell in 171.2 days.
Below are 7 tips to ‘setting the stage’ and making your Ludlow VT home more appealing to buyers:
1. Thoroughly clean from top to bottom, especially kitchens and baths.
A dirty house an immediate buyer turn-off. The two most important areas are the kitchen and the bathrooms. If you have not deep cleaned all counter and tile surfaces to a spotless condition, you stand the chance of having the buyers walk right back out the door.
2. De-clutter the entire house.
Clutter makes it extremely hard for the buyers to visualize moving into your home. The disorganization affects the buyer’s ability to focus on your home and they will most likely overlook your key selling features. In addition, clutter has the affect of making your home appear smaller than it is as the “open” feeling is gone.
3. Remove the personal memorabilia.
People are generally curious and when you want them to notice the beautiful entryway they may be focused on all the family pictures on the piano or all the “stuff” stuck to the front of your refrigerator. Your objective is to change the view of your home from “lived in” to “ready to move in.”
4. Neutralize inside and out.
The best way to present a home is for the wall colors to be painted a neutral color. This goes for the outside as well – a loud or non-neutral color may just keep the buyers from even stopping to see the inside.
5. Let the sun shine in with spotless windows.
Nothing is more distracting to a buyer than to be looking at a view through a dirty window. What you don’t see is often more important that what you do see.
6. Make your pets go away.
While your pets are a loving member of your family, for the buyers their presence, food and boxes are generally a turn-off. Every trace of their presence should be removed so, once again, the buyers are not distracted from the prime objective – viewing your home in the best possible light.
7. Add curb appeal.
A healthy, neat, trimmed and well maintained yard and flower beds are the keys to getting the buyers up to the front door. A well-maintained exterior translates to a well maintained home in the mind of the buyer.
Need help setting the stage and showing off your Ludlow VT home in its best light? Give us a call, we are glad to help.
I now have 2 videos on my website for my listings. Please go to http://isellvermontrealestate.com, click my listings and then click to see the properties.
Wonderful renovated Office building on Main Street Ludlow. Was Doctors office, now just waiting for your ideas. First floor has reception area, plus 4 offices, upstairs 1 cute and comfy office. This property was updated 7 years ago and has many uses – plenty of off street parking – walk outside and see Okemo Mountain. This was once a single family home and is zoned res/comm. Don’t miss this opportunity! Just think about it – work and play at Okemo!
You’ve probably seen lots of financial arguments about why you should invest in Luldow VT real estate and own your own home rather than rent. This includes budgeting (no rent increases) and the tax savings you’ll most likely have. Now we’re going to give you some reasons you probably haven’t heard.
1. Freedom to pursue other goals in life once the major goal of home ownership is achieved.
Strange as it sounds, many of our first-time buyers have told us that once they bought the house, other things in their life started to fall into place. It’s as if not owning took so much of their mental energy that other goals were not worked on until that big goal was reached. So buy a home and get on with your life!
2. A greater sense of belonging to the Ludlow VT community.
Once you own a home, you feel more attached to the city in which you live. You’re more interested in what happens in Ludlow, to the roads, schools, and shopping areas. Some people even become involved in local politics.
3. A commitment to something, a sense of stability.
Home ownership is an anchor, something that cannot be pulled out from under you. You’ll never get a notice that you have to move. You’re kids will never have to change schools. It gives you freedom to plan years ahead.
4. You can change things, a feeling of being in control.
It’s your home. You can add to it, remodel it, change the landscaping, do whatever projects you want. You have a feeling of being in control of something in your life. At work we don’t always have control of what happens, but your home is your castle and you have dominion over it. You can see what you’re building take shape before your eyes.
5. More control over the children than in an apartment complex
In a neighborhood, kids usually play in the yards or go to friend’s houses a few doors away. Our clients have told us that in an apartment complex they never knew where the kids were. They could be in any of hundreds of apartments, doing who knows what. In a home you get to know the neighbors and watch out for each other’s kids.
6. Children do better in school and feel more secure.
This one surprised us, but buyers have reported to us that their kids calmed down in school after they bought a house. We don’t know why, but it seems to work that way. We remember a single mom watching her son play in the yard, making steps in the slope and building things. She didn’t have to tell him to leave everything alone, like she did at the apartment complex. I guess kids feel the same need for control we adults do.
7. Time and money saved by not going to the Laundromat.
A small point, but if you have kids, you know the value of this one. You gain a whole evening a week when you buy a house! The wash gets done in between other things, or while you’re at work. What would you do with the extra evening you’ll have? How about going out for dessert with your spouse with all those quarters?
We’ve been in a home of our own for so long; we take these benefits for granted. We forgot what it’s like to be renters! If you have anything you can add to the list, please let us know via email. We would love to hear from you!
Not so long ago helping the environment meant recycling plastic and newspapers, but today it has evolved into “green” thinking and extends to our Okemo Mountain real estate, homes and living environments.
According to a recent NAR survey, nine out of 10 Realtors® said their clients are interested in energy efficient features of green homes and the potential cost savings of such features. An overwhelming 90 percent agreed there will be even more interest in green building practices a year from now.
Results of a Harris Interactive poll by Move, Inc. show potential home buyers consider “green” building features more important than luxury amenities. Almost half of the adults surveyed (49 percent) said features such as solar panels or energy-saving appliances were “important,” compared to just 31 percent who rated luxury amenities important.
Ninety-three percent of all home buyers are not willing to pay more for green or energy efficient features when building a home, according to a recent independent study commissioned by The New York Times Customer Insight Group.
However, a recent survey from Green Builder Media reports U.S. home buyers are willing to pay a premium for more environmentally friendly, green-built homes.
More than half of home builders surveyed (250 residential builders across the U.S.) said that buyers are willing to pay a premium of between 11-25 percent for green-built homes. The same builders report that the average green home buyer is between the ages of 35-50 with a college degree and fair understanding of green products.
Despite the conflicting statistics, the U.S. Green Building Council believes thinking “green” is an industry and Okemo Mountain real estate trend, rather than a passing fad; not only does it save on energy costs, it is better for our overall health and the environment as a whole.
Learn more about Okemo Mountain real estate by visiting my website, ISellVermontRealEstate.com or giving me a call at 800-659-1819 #103.