Len and Leslie Marma | Marshfield Real Estate, Scituate Real Estate, Pembroke Real Estate


Do home equity loans affect your credit score?https://www.housingwire.com/articles/48460-do-home-equity-loans-affect-your-credit-score#.XJEVv0CDP6g.twitter#HomeEquityLoan #CreditScore #FICO

www.housingwire.com, March 19th, 2019


KCM Crew, March 17th, 2018

Don’t Let Your Luck Run Out! Buy A Home This Spring [INFOGRAPHIC] | My KCM

Some Highlights:

  • Interest Rates for a 30-year fixed rate mortgage have dropped to 4.41% from near 5% in 2018.
  • Take advantage of more inventory coming to market in the spring to find your dream home!
  • Buying now will allow you to start earning equity today!

  




 

You know that you want to sell your house. However, you're still unsure about how to determine a "fair" price for your residence.

Ultimately, setting a fair price for your home may be easier than you think – here are three tips to help you establish the best price for your house.

1. Study the Housing Market

The housing market constantly changes. Therefore, a buyer's market today may transform into a seller's market tomorrow.

As a home seller, it is essential to analyze housing market data. That way, you can identify real estate market patterns and trends and plan your home selling journey accordingly.

Check out the prices of recently sold houses in your city or town. With this housing market data in hand, you may be better equipped than ever before to differentiate between a buyer's market and a seller's market.

Also, don't forget to assess the prices of available residences that are similar to your own. This housing market data will help you see how your residence stacks up against the competition. It may provide you with the ability to narrow the price range for your home too.

2. Conduct a Home Appraisal

A home appraisal offers a valuable learning opportunity, particularly for a home seller who is uncertain about his or her house's strengths and weaknesses.

Typically, a home appraisal provides a home seller with plenty of actionable insights about the condition of his or her property. The appraisal often helps a home seller prioritize home improvements as well.

During a home appraisal, a property inspector will analyze a house over the course of several hours. After an inspector's evaluation is complete, he or she will provide a home seller with a report that offers comprehensive insights about a home's condition.

A home appraisal can provide a home seller with a better idea about how to price his or her house in its current condition. Then, a home seller can complete assorted home improvements that may help him or her boost a residence's value.

3. Collaborate with a Real Estate Agent

It never hurts to get expert support as you try to determine the best price for your house. Thus, collaborating with a real estate agent can make a world of difference for a home seller in any housing market, at any time.

A real estate agent can provide guidance as a home seller preps his or her residence for the housing market. This professional can respond to a home seller's price concerns and questions and help a home seller determine what constitutes a fair price based on the current housing market's conditions.

Perhaps best of all, a real estate agent will help you promote your residence to the right groups of homebuyers consistently. As a result, he or she can help you stir up plenty of interest in your home – something that may lead to multiple offers.

Ready to list your residence? Use these home selling tips, and you can determine the best price for your house.


KCM Crew, March 11th, 2019

4 Reasons to Buy a Home in the Spring | MyKCM

Spring has sprung, and it’s a great time to buy a home! Here are four reasons to consider buying today instead of waiting.

1. Prices Will Continue to Rise

CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 4.4% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.6% over the next year.

Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Projected to Increase

Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year fixed rate mortgage came in at 4.41% last week. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac, and the National Association of Realtors are in unison, projecting rates will increase by this time next year.

An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.

3. Either Way, You Are Paying a Mortgage

Some renters have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage  either yours or your landlord’s.

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.

Are you ready to put your housing cost to work for you?

4. It’s Time to Move On with Your Life

The cost of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.

But what if they weren’t? Would you wait?

Examine the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, greater safety for your family, or you just want to have control over renovations, now could be the time to buy.

Bottom Line

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.

  




While some home improvement projects are done purely for aesthetic reasons, window replacement projects offer a wide range of benefits.

If your current windows are decades old, they're probably difficult to clean, provide poor insulation, and get stuck every time you try to raise or lower them.

Old wooden window frames also tend to deteriorate over time, which negatively impacts both their appearance and their ability to seal out drafts and outdoor temperatures.

Modern, energy-efficient windows make older models look like they're straight out of the Stone Age! Many windows manufactured today meet strict U.S. government standards for energy efficiency and durability, which can help you save money on your home energy bills. These new features include multiple panes of glass, which provide improved insulation and impact resistance. Instead of using just plain air, many of these advanced windows are insulated with non-toxic gases, such as argon and krypton. (As long as you're not Superman, you'll do just fine!) If you're willing to pay extra, there's also the option of having mini-blinds inserted between the panes of glass.

Reducing Home Energy Costs

According to the EPA, "Replacing old windows with ENERGY STAR certified windows lowers household energy bills by an average of 12 percent nationwide. Lower energy consumption also reduces greenhouse gas emissions from power plants and shrinks a house's carbon footprint."

Energy Star-certified windows also have special coatings that reflect both infrared and ultraviolet light. That not only helps keep your home cooler in summer and warmer in winter, but it helps stop the sun's rays from fading furniture colors, flooring, and other materials.

Some of the newer windows are available with three or more layers of glass panes, which can help make your home more comfortable and quieter. If external noise is an issue, installing well-insulated windows with multiple panes can reduce that problem significantly.

Although many of the new window products are constructed of wood, they're often covered with vinyl or aluminum to be more weather resistant and durable. Fiberglass is another low-maintenance, durable material that offers good insulation qualities.

Cost Versus Benefits

While a window replacement project can take a big chunk out of your home improvement budget or bank account, it does provide a return on your investment. In addition to the fact that your home energy costs should decrease, installing new, energy-efficient windows will improve your home's marketability in the future. If and when you decide to put your home on the market, the fact that you've installed energy-efficient, easy-to-use window replacements will be a major selling point in the minds of prospective buyers.

As is the case with all home improvement contractors, it's always a good idea to get several estimates and check references, read online reviews, and take a look at Better Business Bureau ratings before choosing someone to handle the project.




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