Realty Executives Lifestyle Group- Clermont

Serving Clermont, FL

Realty Executives Lifestyle Group- Clermont

Blog

Saving Up to Put The 20 Percent Down Over Time or Are There Other Ways

(Published on - 10/10/2019 7:06:15 PM)

 

Saving for a 20-percent down payment before buying a home is typically a rule of thumb.  It shows you have the financial discipline and financial stability to save for a long-term goal. It can also help you get favorable rates from lenders.

But there can be financial benefits to putting down a smaller down payment, even as low as 3-percent.  As a result, you are parting with less cash up front, even if you have the funds available.

 

The Downside

When opting to go with the smaller down payment there are a few things to consider.  Such as, you’ll have to pay a Private Mortgage Insurance for many years, and the lower your down payment, the higher your payment will be.  Next you should consider the fact; you’ll be offered a lesser loan amount than a borrower that has a 20-percent down payment.  This may put the home you really want out of your league.

 

The Upside

The national average for home appreciation is around five percent.  The appreciation is independent from your home payment, so whether you put down 20 percent or three percent, the increase in equity will remain the same.  If you’re looking at your home as an investment property, putting a smaller amount down can lead to a higher return or investment.  This will also free up some of your savings for home repairs, upgrades, or other investment opportunities.

 

A Happy Medium

Home payment options aren’t just black and white, you will find there are many different financial options to explore.  Most borrowers can find some common ground between the security of a traditional 20 percent and an investment -focused, small down payment loan.

 

 

 


Top Things To Negotiate When Buying A House

(Published on - 9/26/2019 7:22:45 PM)

 

Being a first-time homebuyer or a seasoned veteran, the negotiation part of the transaction can be a little daunting and stressful. However, having the power to negotiate could be key for getting into the home you want for the right price. So, what should you and your realtor negotiate when buying a home?

 

  • Closing costs. Your closing costs are determined by a variety of factors, but you can expect it to be between 2% to 5% of the purchase price. Ask the seller to cover some or all of the closing costs upfront or request a closing credit that can be used to make specific updates and fixes to the home.

 

  • Love how the seller has furnished and decorated the home? Buyers often negotiate keeping couches, fixtures, landscaping items, patio furniture, appliances, and more. And many sellers agree, wanting to make the home more appealing.

 

  • Inspection and closing timing. Buyer offers that include a quick inspection and close timeline are often more attractive to sellers who have been going through the process for far too long. Just ensure you allow yourself ample time to get your financing in place and complete proper, thorough inspections.

 

  • Home warranty. Sellers will often agree to pay the premium on the home warranty at closing and then hand it off to the new homeowner, who is responsible for the deductible on any future claims.

 

  • Repairs. Your inspection may uncover small or large repairs needed to bring the home up to standard. You can negotiate to have these items fixed before closing or ask for a price reduction to cover the costs.

 

There will always be a little negotiating in a sale which is why it’s best to have a realtor there to make sure your needs are taken care of.  Afterall, it’s their job to make sure you get into the home of your dreams as easy as possible.


Tips To Make Gardening Easier

(Published on - 9/26/2019 6:52:51 PM)

Would your perfect Saturday morning would include getting up early to get a head start on some of your landscape, but think that it would be to much of a headache and high maintenance to keep up?

 

Most homeowners are surprised to see that a perfect garden doesn’t always require back breaking labor and gallons of water to keep it beautiful.  There are easier ways to decrease the time you spend gardening and increase the time you spend admiring your beautiful petunias.

 

Having A Garden Doesn’t Have to Be Hard

 

Gardens used to be a “massive labor of love”, with a huge emphasis on the labor part.  But there has been some form or type of plants being kept since the beginning of evolution, and since then we have been trying to improve and make the process easier. No matter if your growing veggies or exotic plants below are some tips that will help improve your gardening experience:

 

Sprinklers.  The “go to” for green lawns everywhere, you can also use them in other situations as well. By sprinkling young shrubs and trees that were newly planted on warm dry days you can help them to get a good start. Also, when it’s nice and sunny out you can water your vegetable plot without worry the water will collect on the leaves.

 

Drip Irrigation.  When your watering a large plot of land it makes more sense to use a sprinkler system.  Although, when you only need to water specific plants in a designated area you this is where you should bring in in drip irrigation.  By using systems with basic timers or upgrading to a more sophisticated system that will let you slowly drip water at the base of plants that don’t like the water on their leaves, or that don’t need individual care.

 

Native Plants.  When we get down to it the closest plant that needs the least amount of attention and care are one that are Native to the area.  If you don’t want to have to fret and invest a lot of time and special care into your garden, choose plants and shrubbery that are Native to your area and have been here for generations.  You can visit your local nursery or ask your landscaper about what plants are Native to your area.

 

Containers.  Containers make gardening so much easier from strawberries and blueberries in gutters, pots along your porch, and flowers on your railings.  All you need to do is start with the perfect soil mix, ensure your pot or gutter is draining properly, add a little fertilizer and your favorite plants.  Add a little water and sun and watch your babies GROW!!

 

Vertical Gardens.  It seems that plants in and on the ground tend to end up in a complete mess some way, shape or form.  Vertical gardening has come a long way it’s not just twinning climbers anymore, you can also hang different levels of containers, allowing you extra space to grow things. These containers are especially nice because you are totally in control of the environment, and it minimizes bending and kneeling.  So this type of garden really does make for a Win-Win!

 

 

 


Tips To Bring Your Homes Value Up Before Selling

(Published on - 9/24/2019 8:41:05 PM)

 

When you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up some of its possible weaknesses can make a big difference in how fast it sells. Here are our top five recommended repairs to make before selling your home.

 

Repaint walls.

Giving your home a fresh coat of paint is one of the most cost-effective ways to spruce it up, and generally, it can be a do-it-yourself project. Make sure cover any walls with scratches and chips and consider updating any accent walls with a more neutral coat.

 

Repair floors.

Hardwood floors are a very desirable feature in a home, so you want to ensure they look their best by fixing scratches or dull areas. If your carpet is worn or stained, consider replacing them. And don’t forget the tile in your kitchen or bathrooms. Re-grouting can go a long way in making dingy tile work look brand new!

 

Refresh the landscaping.

Show buyers your home is the full package by dressing up the outside as well as the in. Clean walkways and driveways, plant seasonal flowers and plants, trim hedges and trees, install outdoor décor pieces and fill in mulch and gravel.

 

Fix your fixtures.

Leaky faucet? Rusted drains? Loose drawer handle? Making these small fixes can make a big difference to potential buyers with detailed-orientated minds. Improve your kitchen. An outdated kitchen can be a real eyesore in a home. Updating cabinetry, repairing or replacing countertops, and installing new faucets and sinks may be worth the investment


Achieving Morning Person Status

(Published on - 9/20/2019 6:54:12 PM)

 

Do you ever wish you could become one of those rare morning people? The ones that wake with a start, feeling refreshed and energized. The ones that get in that morning workout or wrap up some work before many of us even hit the snooze button for the first time. Here are five tips to help you achieve that early bird status!

 

  1. Create a morning schedule. Physically write down the things you’d like to complete in the morning and set a time for each. Then stick with it. Once you force yourself out of bed early one or two weeks consistently, you’ll find it gets easier and easier to do.

 

  1. Let the light in. Whether natural or artificial, light tells your brain it’s time to get up and get going. If your room lacks large windows where you can open the blinds up, consider investing in a timed lamp or alarm clock with a light.

 

 

  1. Prep and eat breakfast. Although there are many of us who chose the skip breakfast, it is key to perking up your energy in the morning. Try prepping protein-focused meals the night before or grab a yogurt or fruit and try to consume it right after you wake.

 

  1. Get your body moving. Whether it’s a short walk around your neighborhood or a rigorous 5:30 am spin class, getting your blood pumping will help wake up your body and has a ton of other benefits, like stress and anxiety reduction.

 

 

  1. Feed your mind. Stimulate your brain and do something you enjoy first thing in the morning. Try reading a favorite book, catching up on the news, doing daily meditation, or setting intentions.

 

By trying to achieve these goals you are giving your body more rest and can head into the day more prepared and aware. Body, mind and your health are key and help you to focus on helping others around you.

 


;

Questions? Need Advice? Complete this form for more information.

Contact Information::










Copyright 2019 Realty Executives All Rights Reserved
Disclaimer: Each office independently owned and operated. Please disregard this message if you are already under contract with another real estate professional.
172.31.14.245