Happy Halloween

Happy Halloween from CE Propertiez!

How To Get A Mortgage Pre-Approval

If you’re convinced you must get a mortgage pre-approval letter, make sure you get the best one possible, by shopping around.

“All lenders are not created equal; you’ve got to compare and contrast to find the right one, If you need to close quickly, you need a lender that can get it done fast rather than drag their feet. If you need to win a multiple-offer situation, you need a lender that the listing agent trusts.” So be sure to ask your lenders questions like how long it will take to get pre-approved, and whether they’ve worked with particular real estate brokerages in the area where you’re hoping to buy.

“One misconception we hear a lot is that if you apply for a mortgage with multiple companies, they’ll pull your credit, and that will hurt your score, While it’s true that applying for a mortgage will impact your score, “Companies know that rate shopping happens,” he says, and “credit inquiries for a mortgage within 30 days are only calculated as one inquiry for the same type of loan.”

In other words, there are very few downsides—and many benefits—to getting this helpful letter in hand.

Credit for Article: Realtor.com

Real Estate Trends and Perceptions

Whether you’re interested in buying or selling a home this year, there’s reason to be optimistic. See how a healthy real estate market and positive consumer sentiments are contributing to a buoyant housing sector.

Real Estate Trends
The U.S. housing market continues its recovery as home prices gradually increase, interest rates remain low and millennials represent the largest group of homebuyers for the fourth year in a row. There’s been a slight increase in historically low interest rates, but that’s an indication of an improving economy. Single women homebuyers exceed single men buyers in the U.S. by more than double, accounting for 17 percent of homebuyers (compared to single men at 7 percent). U.S. home values are expected to keep inching up while the inventory of available homes continues to decline.

According to the Canadian Real Estate Association (CREA), there is considerable divergence among regions. Tighter federal regulations have reduced affordability and access to financing for potential homebuyers, sales are down and prices are trending soft. National sales activity is forecast to decrease 1.5 percent in 2017 and 0.8 percent in 2018.

Consumer Sentiments
The 2017 Q1 Housing Opportunities and Market Experience report published by the National Association of Realtors (NAR) shows favorable sentiments among American consumers. Seventy-two percent of those surveyed thought it was a good time to buy, and 69 percent felt it was a good time to sell. More than half said they believed home prices in their community had increased over the previous 12 months. And renters and suburban homeowners, in particular, felt that prices would continue to rise in the second half of the year.

In another NAR report, the Aspiring Home Buyer Profile, nine in 10 nonhomeowners in the U.S. expressed a desire to own a home. Fortunately, if the market trends and consumer perceptions are any indications, 2017 could very well be the year many renters realize their dream of homeownership.

Designed and Delivered By OutboundEngine, Inc

 

Adding Shade To Your Yard Or Patio

Summer is a fun season to enjoy time outside with friends and family — provided you have sufficient coverage from the sun. Stay cool and comfortable by adding shade to your yard or patio with the ideas below.

Overhead Hangs for the Patio
One popular way to create shade is to string up outdoor fabric and make a retractable awning or canopy. Shade sails are another versatile and inexpensive way to diffuse the sun’s rays. If your outdoor space lacks the columns or posts to attach fabric, a large area umbrella is a fail-safe way to keep covered.

A Natural Solution
Like the idea of natural sun blockers? Potted citrus trees add a nice touch and can be moved around as the sun shifts. Wood structures such as a trellis or pergola also make a beautiful statement while creating shady areas. Both are designed to support climbing plants like ivy, morning glory, clematis and bougainvillea.

Surrounded by Shade
For a more closed-in arrangement, try canvas curtains, bamboo blinds or solar shades. Each of these sun blockers is adjustable, making it a breeze to raise them up or down (or to the side) depending on the sun’s position and your desired level of coverage.

Whether you’re looking to dine alfresco, relax outside with a good book or visit with friends and family, a covered patio is an ideal spot. Just remember: Before you start putting up structures to block the sun, review your homeowners association or rental agreement rules as some options may require permission.

Designed and Delivered By OutboundEngine, Inc

 

Staging Tips To Help Your Home Sell

In real estate, staging a home and selling a home often go hand in hand. Though the process can be involved, the results are indisputable. Need some help executing an effective home staging? Browse this list of resources to help you dazzle prospective buyers and increase your chances of a quick home sale.

Clear Clutter 
Not only will decluttering your property make moving day easier, but clearing space also gives viewers room to visualize themselves living in your space. Some items you can sell or donate outright. What about the housewares or sentimental objects you want to hold on to but need to remove to optimize showings? Give them a temporary home in a storage unit or portable moving container.

Set Up Your Space 
Focus on staging the rooms that see the most action: the living room, kitchen and master bedroom. If reinventing multiple rooms in your home is too expensive, you do have the option of renting furniture and accessories. It’s a quick way to supply art for the walls, lamps to improve lighting or even an entire suite of furniture. Just be sure to sign with a furniture rental company that offers delivery and pickup as part of their packages. When you’re getting ready to move, the last thing you want is to ferry furniture between multiple locations.

Hire Help
Some homeowners aren’t up to the task of a full home staging, and that’s OK. Some selling agents offer the service as part of their contract, or you can hire an independent home stager to complete the job. The latter provide a valuable service, though it’s important to carefully assess their qualifications before bringing them on. Review their certifications, testimonials and portfolio to ensure they can help you achieve the aesthetic your home needs for a faster sale.

 

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Tips for Planning A Bathroom Update

Do you want to improve the aesthetics of your bathroom? Before you disrupt your household with the hassle of a remodel, make sure you’re prepared. Familiarize yourself with this cost and ROI overview to help guide the planning process.

What Does This Type of Remodel Cost?
The first step to organizing a bathroom remodeling project is setting a budget. Understanding the potential costs involved can help you decide whether you’re working on a complete overhaul or focusing your resources on a few select changes.

Homeowners who make bathroom updates usually hope to recover at least a portion of their investment. An upscale bathroom remodel is among the projects that see the largest percentages of value increase year over year. But a high-end revamp can cost tens of thousands. If you’re working with a more modest budget, going with simple changes like updates to light fixtures, sinks, toilets and the like can refresh your space for significantly less.

What Should You Change?
When planning bathroom renovations, it’s always smart to fix what’s broken first, especially since replacement projects see larger returns (74 percent) than remodeling ones (63.7 percent).

Once you’ve tackled any necessary replacements, make investment-savvy design selections that add value for you and your family. Trade out the garden tub for an expansive shower, add granite countertops or upgrade the vanity, ventilation or lighting. Finding what most benefits your family can lead to greater satisfaction years after the project’s completion.

With budgeting sense and some design know-how, you’ll have the confidence you need to initiate a successful bathroom remodel.

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Happy Memorial Day!

Happy Memorial day from all of us at Ceproperties !