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The original housewarming party literally warmed the house

The original housewarming party literally warmed the house. Guests to a new home brought stacks of wood as gifts to light fires in every fireplace. This was believed to keep the new home cozy and to ward off evil spirits!

May 31st, 2015 | Home Decorating, The original housewarming party literally warmed the house

Paint color matters

Quick fact: According to the National Association of Realtors, white houses tend to have the highest resale value.

May 28th, 2015 | Home Renovation, Home Selling Tips, Home Values, Paint color matters

Two great ways to enjoy the home buying experience

House hunting more often resembles a marathon than a sprint. On occasion, the house of your dreams may just fall into your lap. But according to data from the National Association of Realtors, the typical home buyer searches for 10 weeks and views nearly one dozen homes. Patience and endurance are key to keeping your “eyes on the new home prize.” Here are two great ways to a stress-less home buying journey: Be flexible. Your new home checklist may include the perfect location, a quick commute, top notch schools, a newly updated kitchen and of course, mesmerizing c...

May 25th, 2015 | Home Buying Tips, Two great ways to enjoy the home buying experience

What drives mortgage rates?

When you’re buying a home or refinancing, mortgage rates can often seem pretty mysterious. They can move up and down each day —sometimes changing several times in just one day!  Here’s why: Mortgage rates are highly dependent on economic news. In many cases, good news for the economy is often bad news for interest rates. Know those reports that the government issues each month to gauge economic activity? Each of those can affect mortgage rates. One of the most influential is the employment data released monthly by the Bureau of Labor Statistics. Mortgage rates te...

May 20th, 2015 What drives mortgage rates?

A must-have for every new home owner

Buying a home or know someone who is? You may want to add a fire extinguisher to your shopping list. Whether at home or at the office, they can be real lifesavers. Here are a few things you should know about this life-saving device: It should be tested by an independent testing laboratory. While shopping for a fire extinguisher, look for FM (Factory Mutual) or UL (Underwriters Laboratory). It can be heavy. The higher the rating number on an A or B fire extinguisher, the more fire it can extinguish. But higher-rated units are often heavier. If you’re bu...

May 15th, 2015 | Home Owner Tips, A must-have for every new home owner

Distressed Properties 101

Ever hear the terms REO, bank-owned, short sale or HUD home? And have you even wondered what the heck all those terms mean? Here are some definitions used to describe common types of distressed properties: Foreclosure: This refers to the process of a lender taking possession of a property from an owner who isn’t paying their mortgage as promised. After the process of foreclosure is completed and the homeowner has left, the property is offered for sale at auction. REO or bank owned: The terms REO – short for the term “real-estate owned” – and &ldquo...

May 4th, 2015 | Distressed Properties, Distressed Properties 101