BLINK Realty Group's Blog
When you begin shopping around for an ideal lender to finance your dream of home ownership, you will come across mortgage brokers. Much like their counterparts in the insurance industry or stock market, they act as a link between buyer and seller.
However, why go through them if you can make the purchase directly? Why should you pay anyone a commission to do something you can do yourself? Moreover, then, isn’t there the possibility that they will recommend a lender because of the commission they get from them, even if they don’t offer the best interest rates? It’s certainly possible, but consider the following first before you decide to go it alone.
If you have ever gone through the mortgage application process from a traditional lender, you don’t need anyone to remind you how tedious it was. Filling form after form and searching for document after document. A broker can help reduce the time you spend on this process by telling you what is required beforehand and giving guidance.
Mortgage brokers ordinarily have years of experience in both the real estate and financial services industries. They will know much more about what’s trending in the area of property purchase and selling than you do as that is their bread and butter.
A fast-talking loan officer from a lender can convince you to take on a product that is a less than optimal choice for your situation. Remember, they are salespeople too. However, in the ideal scenario, a broker will look at the property you want to purchase, look at your financial status and personal data and find you a package that best caters to all these factors. They have access to lenders across the country so they can quickly get you a mortgage product that has lower interest rates and fees while taking into consideration things like your credit rating and level of income.
After you close the deal, you may struggle to get an audience with that loan officer if you were dealing with a big bank. The beauty with brokers is that they’re usually small companies, and this allows them to have closer contact with their customers. On the other hand, since they work closely with lenders, they know precisely who in the bank to contact when you need any assistance.
Take time to find out what terms lenders offer directly from them before settling on any mortgage broker.
Allergies are extremely common in America with millions of Americans suffering from symptoms.
The most common household allergies are seasonal, which run from February to early summer, and animal allergies which can pose a risk at any time.
There are some ways you can limit some of the allergens in your home, whether you want to make your house more allergy-proof for yourself and family or your guests.
There are a number of plant pollen and mold allergies that are common throughout the United States. During pollen season, especially on dry, windy days, these pollens are spread everywhere.
Many people who experience seasonal allergies watch local pollen levels in their area to prepare themselves for peak days when they are most likely to experience symptoms. During these times, it’s best to keep doors and windows completely shut. This includes your home, garage, and vehicle.
To clean up after times of high pollen levels, it’s a good idea to first vacuum and then use a damp cloth to dust household surfaces. The moisture will trap pollens and prevent them from escaping back into the air.
When it comes to mold, there are a number of preventative measures you can take in your home. The most important thing you can do is avoid excess moisture in your home. You can do this by using a dehumidifier, monitoring water pipes, and cleaning spills and leaks immediately after they happen.
Pet owners love their pets. But the pet dander that comes with them is a leading cause of allergies. To help mitigate pet allergies in your home, focus on the areas where your pets spend the most time. If your pet sleeps on your bed or has their own bed, wash the bed linens frequently.
Since most pets spend their days inside your home, roaming the floors, it’s important to vacuum frequently with a high-efficiency vacuum cleaner. High-efficiency machines that are sealed properly and use effective filters are much better at reducing the amount of dust that escapes during vacuuming and when you empty the vacuum itself.
The filter on your vacuum isn’t the only one necessary for reducing allergy-causing particles in your home. Heating and ventilation systems also come with air filters that need to be cleaned or replaced.
When replacing your filter, look for one that is HEPA (high efficiency particulate air) certified to remove the most allergens possible.
Don’t forget the backyard
Since many allergies are carried in on the wind and shoes entering your home from the outside, it’s important to understand which allergens you might be growing in your backyard. Some trees, grasses, and plants cause higher levels of allergies and are more likely to cause symptoms to you and your guests.
Even the most common trees like pine and maple can be problematic for some people, so it’s important to know what you’re allergic to and whether you should take steps to landscape away some of those allergens.
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A closing represents the final stage before a buyer acquires a house. At this point, a buyer and seller will meet and finalize an agreement. And if everything goes according to plan, a buyer will exit a closing as the owner of a new residence.
Ultimately, there are several steps that a buyer should complete to prepare for a home closing, and these are:
1. Review Your Home Financing
Typically, a lender will provide full details about your monthly mortgage payments for the duration of your home loan. This information is important, as it highlights exactly how much that you will be paying for your house.
Assess your home loan information prior to a closing. That way, if you have any home loan concerns or questions, you can address them before your closing day arrives.
If you allocate the necessary time and resources to review your home financing, you may be able to alleviate stress prior to closing day. In fact, once you know that all of your home financing is in order, you can enter a closing with the confidence that you'll be able to cover your mortgage expenses.
2. Perform a Final Walk-Through
A final walk-through provides a last opportunity to evaluate a residence before you complete your purchase. Thus, you will want to take advantage of this opportunity to ensure that a seller has completed any requested repairs and guarantee that a house matches your expectations.
Oftentimes, a final walk-through requires only a few minutes to complete. The inspection generally may be completed a few days before a closing as well.
It is essential to keep in mind, however, that a final walk-through won't always go according to plan. If you give yourself plenty of time for a final walk-through, you should have no trouble getting the best-possible results.
Try to schedule a final walk-through at least a week before a closing. By doing so, you'll ensure that a seller can perform any requested repairs prior to closing day.
3. Get Your Paperwork Ready
During a home closing, you'll likely need to provide proof of home insurance, a government-issued photo ID and other paperwork. If you get required documents ready ahead of time, you won't have to scramble at the last minute to retrieve assorted paperwork for your closing.
If you need help preparing for a home closing, there is no need to worry. Real estate agents are available nationwide, and these housing market professionals can guide you along each stage of the homebuying journey.
A real estate agent will help you find a house, submit an offer on it and conduct a house inspection. Plus, this housing market professional can provide recommendations throughout the homebuying process to help you achieve your desired results. And as closing day approaches, a real estate agent is available to respond to your homebuying concerns and questions too.
Prepare for a home closing – follow the aforementioned steps, and you can seamlessly navigate the home closing process.
The millionaire lifestyle conjures up visions of luxurious Country French-style mansions nestled in verdant estates at the end of a mile-long tree-lined drive, their arching bows of blossoms dipping overhead as you pass through in your top-down convertible. And that lifestyle is a perfectly pleasant way to live. But is it your way to live?
Luxury comes in small packages too
You have finally made it all the way to the top in your industry, received that windfall, won the lottery, sold your IPO … now you are ready to live the good life, but the idea of whiling away your time idly by the duck pond on the back side of your newly purchased acreage gives you pause. You've been striving toward a goal for a long time, and now that you've reached it, you're not sure it's exactly what you want, but sitting around at home most likely isn't it.
Do not force yourself into believing that the only way to live rich is in a large estate. If you love an active urban life now, you'll love it even more when you can fully enjoy it. Instead of moving out to the country, consider opting for a luxury condominium or townhome instead.
Sure, you’re giving up the rolling hills, bowing trees and the like, but you’re gaining access to all the things you want: gourmet food, good friends, great entertainment, grand shopping all at your doorstep in a high-rise condo, boutique flat or an imposing townhouse near to all the things you've grown to love.
Modern luxury condominiums offer premium options such as security, concierge service, valet parking, security, housekeeping, and staff to handle your dry-cleaning and package delivery. Some luxury buildings go so far as to offer membership in jet clubs—use of private jets, sort of like upscale limo service for longer trips. And many luxury associations offer limo and private driver service as well.
Building amenities may include indoor, outdoor, and rooftop pools, steam rooms and saunas, fully-staffed spas, on-premises sommeliers and private wine-cellars. Some locations offer larger private dining rooms—chef included—for entertaining large groups while others provide children's play areas and teen game rooms.
When you want to have overnight guests, some buildings provided guest apartments for short-term rental. Your guest has all the privacy of a hotel, but proximity to your residence and its amenities.
To find an agent specializing in luxury condominiums, check with your local real estate broker.