Regain Your Garage: Simple Tricks for Getting Organized

House of Brokers Realty, Inc.

Never spend 20 minutes searching for a screwdriver again. A thoughtful approach to garage storage makes the most of this valuable space and keeps every necessity at your fingertips.

Source: Zillow Digs Source: Zillow Digs

If your house is bursting at the seams, with every cabinet and closet filled to the brim, the solution to your storage woes may be as close as your garage. To make the best use of this space, however, you first need to corral its current chaos.

This is, fortunately, a relatively simple task if you incorporate a few good storage ideas. With careful planning and a little effort, you can transform your garage from a messy catchall to an efficient, well-organized household annex.

Source: California Closets Source: California Closets

Divide and conquer

First things first: Get rid of anything you no longer use. After you’ve winnowed down the contents of your garage, sort everything into groups. Keep garden tools with garden…

View original post 665 more words

3 Mortgage Mistakes Which Can Increase Your Closing Costs

mortgageratesfrank

When shopping for a mortgage, it is important to take closing costs into account. While some closing costs are the same for all lenders, different programs may add or reduce some of the burden borrowers face when closing on a home loan. Let’s take a look at some major mistakes that could result in borrowers paying more than they need to in closing costs. 1) Failing to Take Property Taxes Into Account Property taxes are generally put into an escrow account that is established prior to closing on the home loan. In most cases, a homeowner will have to pay 12 to 14 months’ worth of property taxes prior to close. This can represent several thousands of dollars or more depending on the property taxes associated with a property. While everyone has to pay property taxes, finding a home in a low tax area can significantly reduce the cost of…

View original post 30 more words

Urban Institute: 4 positive ways FHA cuts will impact mortgages

Mortgage News You Can Use

Housingwire – Brena Swanson

The recent announcement that mortgage insurance premiums for Federal Housing Administration mortgages will decrease from 1.35% to 0.85% is welcome news for the mortgage industry, according to a new post from the Urban Institute. “Existing homeowners who refinance into an FHA mortgage will see similar reductions to their mortgage payments as well,” said a statement from the White House at the time of the announcement. “In total, this action will help millions of families save billions of dollars in mortgage payments in the coming years, helping to support the housing market recovery.”

>> Read More: http://www.housingwire.com/articles/32678-urban-institute-4-positive-ways-fha-cuts-will-impact-mortgages

Visit my website at: www.juliecnichols.com

View original post

The Why and How of Passing Your Buyer’s Home Inspection Before Putting Your Home on the Market

Curbside in DC

If you’re planning on putting your home on the market during real estate’s upcoming busy spring and summer months, chances are you’ve already started preparing for it. And if you haven’t — here’s a reminder to start! Moving homes is a huge undertaking and being ready for every aspect of it can take months of prep work. Time and time again I’ve seen clients not give thought to their home inspection until their potential buyers are looking to schedule one prior to signing. Here’s the problem with that: if your home buyers have a home inspection before signing and issues are identified, buyers will want to renegotiate the  price or have you complete the repairs. Take my word for it, when you’re about to move — this is the last thing you want to be thinking about. In order to ensure the best deal possible and a smooth transaction, prepare for…

View original post 390 more words

The Benefits of Title Insurance

Earl Taylor's Blog

When buying a home, your lawyer will talk to you about buying a Title Insurance policy. Your next question is going to be WHY?
A Title Insurance policy offers you many benefits such as:
1. It eliminates the need for an up-to-date survey, real property report or building location certificate (“the survey”), while covering you against defects that might have been revealed once obtained.
2. It covers you against errors in surveys and other official public records or documents related to your property such as registry / land titles office, local municipal offices and tax departments.
3. It protects you in the event of encroachments onto a neighbouring property, zoning infractions, contravention of subdivision, development and other agreements.
4. It may reduce your closing costs by eliminating some disbursements your lawyer might otherwise have to incur.
Your lawyer can obtain a Title Insurance policy on your behalf prior to the…

View original post 54 more words

FHA Lowers Mortgage Insurance Premiums!

KyteHomes

The FHA has announced they are cutting their mortgage insurance premiums DRASTICALLY!

This is great news for folks that would like to buy a home, but have less than 20% to put down AND for people that are already paying mortgage insurance on a loan. For many it could take around $100 off of their monthly payment or increase their purchasing power.

If you’d like more information about how this change could affect you OR if you’d like to speak with one of my trusted lenders about lowering your current loan payment, call me at 801-344-8723.
http://www.inman.com/2015/01/07/fha-slashing-annual-mortgage-insurance-premiums-by-900-a-year/

View original post