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A Guide To Finding The Perfect Property For You And Your Family

June 17, 2022 by Rhonda Costa

A Guide To Finding The Perfect Property For You And Your FamilyIf you are in the market for a new home, you have probably realized that there are a lot of options available. You may have a difficult time deciding what is right for you and your family, but there are several important factors you need to consider with every home search. Do not forget to reach out to a local professional who can help you assess these factors and find the right option for you and your family.

Location Should Always Come First

There is a saying that the three most important factors in real estate are location, location, and location. Therefore, think about the location of your home first. How far are you willing to drive to get to work in the morning? If you have children, what are the best school districts in the area? How important is it for you to be close to shopping and dining opportunities? Think about the traffic, crime rates, and amenities in the area.

Consider Your Budget

Of course, you need to think about your budget as well. Considering how much you are willing to put down for your house. If you are a first-time homebuyer, you might be able to qualify for a loan for as little as 3.5 percent down. Then, think about everything that will go into your monthly payment. You need to consider not only your mortgage but also the interest rate, property taxes, and home insurance premiums that go along with homeownership. You may want to have some extra money put aside for home maintenance and repair expenses as well.

Think About Size

Now, you can think about how big of a house you need. You should create a list of things that you must have and things that are nice to have. For example, you probably have a certain number of bedrooms that your new house must have. Do you want to have a guest bedroom? Do you want each of your children to have their own bedroom? 

Find The Perfect House

These are a few of the most important factors you should consider if you are looking for a home for yourself and your family. Consider reaching out to a professional who can help you during your home search. 

 

Filed Under: Real Estate Tagged With: Location, New Home, Real Estate

The Top Smart Home Products You Should Know About

June 14, 2022 by Rhonda Costa

The Top Smart Home Products You Should Know AboutTechnology has come a long way, and you might be thinking about turning your house into a smart home. Now, there are a lot of smart home products available, and you may have a difficult time keeping track of which ones are best for you. What are some of the top smart home products you need to know about?

A Smart Lock

If you are tired of misplacing your keys, you should consider investing in a smart lock. Smart locks come in many shapes and forms, and many of them allow you to program multiple combinations into them. This means that you can give different combinations to different people, keeping track of who comes into your home based on the combination that is entered. This is particularly helpful if you want to allow your kids to enter the house when you are not home. You may even want to invest in the smart lock that comes with Bluetooth connectivity. That way, you don’t have to worry about getting locked out of your house ever again.

A Video Doorbell

If you don’t want to deal with solicitors anymore, you may want to invest in a video doorbell. With a video doorbell, you can see who is on the other side of your door when he or she rings the doorbell. You can even communicate with these people when you are not home. You can give instructions to food and package delivery personnel, or you can ignore the doorbell if there is someone outside you do not want to talk to.

A Smart Thermostat

A smart thermostat can help you save money on your utility expenses. Using a smart thermostat, you can place the HVAC system on a predetermined schedule, ensuring that it does not work as hard when you are not home. A smart thermostat can also give you access to detailed analytics, helping you figure out what you can do to reduce your utility expenses. You can even control your HVAC system remotely when you are not home.

Upgrade Your House With Smart Home Products

These are just a few of the many smart home products that can help you upgrade your standard of living. Consider taking a look at how these products might work with your home.

Filed Under: Home Mortgage Tips Tagged With: Real Estate, Smart Locks, Technology

Does A Pool Increase The Value Of Your Property?

June 10, 2022 by Rhonda Costa

Does A Pool Increase The Value Of Your Home?If you are looking for a way to add value to your house, you may have thought about putting in a pool. After all, this is a great way to cool off during the summer while entertaining your family members and friends. At the same time, does a pool increase the value of your property? Learn more about the benefits and drawbacks below.

The Benefits Of Owning A Pool

If you decide to put in a pool, there are a lot of benefits you will enjoy. First, it will make your property look significantly more appealing. As long as you work with a reliable contractor, a pool will look attractive to the eye. Putting in a pool is also a luxury feature. This means that your house may look more appealing to people who have more money to spend. Putting in a pool can also reduce the amount of yard work you have to do. It may no longer take as long for you to cut your grass. Of course, there is also the functional benefit of having a pool. It is a great place to exercise, relax, and cool off during the summer.

The Drawbacks Of Owning A Pool 

On the other hand, there are a few drawbacks to owning a pool as well. Having a pool will probably increase your home insurance rates because people can get hurt in and around the pool. You also have to take care of the pool. You need to clean the pool, track the chlorine level, and filter the water. Finally, if you don’t live in a hot area, you may not be able to use the pool during all months of the year. 

It All Depends On Demand

Ultimately, the value of your house is dependent on how much someone else is willing to pay for it. If there are a lot of people who are looking for a home with a pool, then adding a pool could increase the value of your home. If you want to maximize the value of your home, you may want to reach out to a real estate professional who can tell you if putting in a pool is a smart idea. 

Filed Under: Real Estate Tagged With: Home Value, Pool, Real Estate

Use A Fixer-Upper Mortgage To Expand Your Options

June 9, 2022 by Rhonda Costa

Use A Fixer-Upper Mortgage To Expand Your Options

Many people purchasing a home for the first time are running into the same problem. There simply are not enough starter or entry-level houses available in the current market that are ready for people to move into. One solution some home buyers are exploring is to buy a fixer-upper home. With a home renovation mortgage, prospective homebuyers can qualify for a home loan that combines the cost of home improvements with the purchase price of the house.

A Lack Of Affordable Homes

Regardless of whether they are brand new or resale homes, there simply are not enough affordable homes for first-time homebuyers. A significant number of new houses are built for people who are looking to purchase their second or third home. Furthermore, because there is a lot of demand for affordable entry-level houses, their prices have gone up. This makes it very difficult for first-time homebuyers to qualify for a mortgage for an entry-level home. 

Consider Fixing Up An Existing Home

With a lack of affordable homes, it only makes sense for first-time homebuyers to consider buying and repairing entry-level homes that might be in need of repair. Because a lot of people do not want to purchase a house that requires repairs, first-time homebuyers might be able to save money by going this route. 

There are two separate home renovation loans available. The first is the FHA 203k loan, which is insured by the Federal Housing Administration. The other option is guaranteed by Fannie Mae, and it is called the HomeStyle loan. These loans can cover the cost of most home improvements, regardless of how large or small they might be. Both of these loans can be used to cover cosmetic and structural renovations. With access to this loan, it is possible for first-time homebuyers to begin work immediately after the closing process is done. 

Consider Taking Out A Home Renovation Loan

The FHA 203k is for primary residences only. The Fannie Mae HomeStyle loan can be used for either a primary residence or an investment property. They require a minimum credit score of 620 and a down payment of at least three percent. These loans could make it easier for first-time homebuyers to afford a house. 

 

Filed Under: Real Estate Tagged With: Real Estate, Refinance, Renovation Loan

How To Make Your Home More Sustainable in 2022

June 7, 2022 by Rhonda Costa

How To Make Your Home More Sustainable in 2022If you are looking for a way to make your home more sustainable in 2022, there are several options available. A lot of people are concerned about the environment, and you can do your part by reducing the amount of energy your home consumes. Furthermore, some of these home improvements are not that expensive and can actually save you money. Some of them might even increase the value of your house. Take a look at some of the top sustainable home improvements you should make below.

Install Energy-Efficient Windows

If you have not swapped out your windows in a while, you may want to upgrade them to energy-efficient ones. Energy-efficient windows can reduce the amount of heat and air conditioning your home consumes. If you combine your energy-efficient windows with exceptional insulation, you can significantly reduce the stress on your HVAC unit. This can help you reduce your utility bills. 

Upgrade Your Lighting System

You may want to install energy-efficient lighting as well. For example, LED lights use significantly less money when compared to regular bulbs. They can also save you hundreds of dollars per year on your utility bills. In addition, LED lights will last significantly longer than traditional light bulbs, so you don’t have to replace them as often, either. 

Make The Switch To Solar Energy

You can also make the switch to solar energy to reduce the amount of electricity you consume. Even though you can install solar panels on your roof, you may want to take a look at a few other solar upgrades as well. For example, you might want to use a solar attic fan, which can help you alleviate the heat trapped in your attic. You may want to install solar water heaters as well, which can reduce the amount of energy you spend heating your water.

Plant A Garden

Even something as simple as planting a garden can make your house a more sustainable place. Plants are natural air purifiers, they can improve the health of your soil, and they can attract pollinators, such as bees, that are important for our environment. Of course, if you plant fruits and vegetables, you can also save money on your utility bills.

 

Filed Under: Real Estate Tagged With: Environment, Home Improvement, Real Estate

Open Concept Living Is A Lifestyle Choice

June 3, 2022 by Rhonda Costa

Open Concept Living Is A Lifestyle ChoiceThe coronavirus pandemic has had a significant impact on individuals and families across the world, and it has permanently changed the way we live our lives. We will continue to wash our hands more frequently than before, we will probably avoid people if we are the slightest bit ill, and the way our homes work has been changed forever. In particular, open-concept living might not be as popular as it once was. 

Why Is Open Concept Living Less Popular Than Before?

The biggest reason why open-concept living might now be less popular than it once was is that people are spending more time at home than they were before. Parents are working from home, children have to go to school from home, and chores around the house still have to get done. It can be difficult for parents to have a conference call if kids are going to school right next door. When this is combined with pets people have at home, it is easy to see why open-concept living could be a problem. The noise coming from the TV, the computer, fighting kids, and barking dogs can be incredibly distracting.

Why Open Concept Living Might Still Be Popular

Even though there are certainly some downsides that people discovered to open concept living, the advantages still remain. Open concept living creates more space to entertain, it lets in more natural light, and it allows family members and friends to feel more together even if they are in different rooms. To some, open-concept living might continue to be appealing, even if families with young children have a few downsides to overcome.

Open Concept Living Is A Lifestyle Choice

Ultimately, the pandemic has shown us that open concept living is a lifestyle choice. It is not something to be tossed to the side, and it is not something that is required. People simply need to decide whether an open-concept lifestyle is right for them. They need to think about what their lives look like today as well as what they will look like in the future. Keep in mind that nothing is permanent. There are ways for people to make changes to their homes to make them better suit their needs. 

 

Filed Under: Real Estate Tips Tagged With: Open Concept, Real Estate, Real Estate Trends

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Rhonda & Steve Costa

Rhonda & Steve Costa

Call (352) 398-6790
Sunrise Homes & Renovations, Inc.

Contractors License #CBC 1254207

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