March 26th, 2015

Prep your home for spring 2015

Posted by at 4:44 pm

  Lower inventory this spring doesn’t mean buyers will necessarily have lowered expectations when they go out home shopping this spring – sellers are still going to have to spruce things up. Word is it’s a seller’s market, but just because there are slim pickings, don’t expect to be totally in the driver’s seat. Anyone who has the stomach to buy in this market has been through the wars. If they’re out there, they probably have back-up plans to their back-up plans in the post-Housing Crisis world. Dis-satisfy them, and they’re just as likely to walk away as make an offer. If you’re selling you need to price carefully and prepare thoroughly. Enthusiasm for your curb It’s the oldest story in the annals of real estate, but it’s so important, it has to go at the beginning of every seller’s...
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March 23rd, 2015

Subprime making a comeback?

Posted by at 10:46 pm

  It may be considered almost a dirty word, but a few small lenders are offering mortgages to subprime borrowers again. These are not government-defined “qualified mortgages.” They don’t even use the word “subprime” anymore. It’s called “non-prime,” and they generally feature interest rates as high as 8 percent to 10 percent and down payments more than 30 percent. But for someone trying to rebuild or repair credit, the premium price is worth it. All a loan A borrower with a score of 500 (on a scale of 300 to 850) might be able to get a loan at an interest rate of 9.25 percent, and a down payment of at least 35 percent. A score of 575 might get you a 15 percent down payment with a rate of 8 percent. Most qualified loan products require an absolute minimum...
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March 9th, 2015

Get a jump on spring – clean the yard

Posted by at 5:49 pm

  The pre-spring yard cleanup is one of the most important of the homeowner rites. Getting back in touch with your lawn after a long winter reinvigorates the soul, and gives you a chance to evaluate any fundamental problems before all the real work starts piling up for fun projects in the spring and summer. Clear away any fall and winter debris, including leaves, cones, sticks and stones to get a nice, clean look at the lawn. Zen and the art of lawnmower maintenance Sunny days in early March (or rainy days in April) are great for lawnmower maintenance if you didn’t already give it a once-over in the fall. Hopefully, you’ve been giving your lawnmower a quick cleaning with a brush or rag after every use. But this time, turn it on its side and remove any debris and...
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