Category: Uncategorized

Apr 27 2018

4 Reasons You Should Hire a Realtor When Buying a House

If you’re buying a house, you may have considered searching on your own instead of looking for realtors. Although you may think that is the best option for you, using top realtors in your area to look at homes for sale will actually work out much better, and here’s why.

They have expertise

Because realtors are experts in their field, they are always aware of the updates and changes going on in the real estate industry. They are obligated to stay current on the laws, regulations, and practices. They also have access to homes that may not be available on public records. So this means your realtor might show you a house that isn’t up for sale on your real estate smartphone app yet.

You don’t have to worry about paperwork

If you’ve ever bought a house, or even if you haven’t, you can picture how much paperwork it takes. There are documents upon documents, and they are all typically very long. Most home buyers don’t have time to read all that. Even if you did have the time, would you understand all of it? Let your realtor help walk you through it.

They’re great with negoiation

Top realtors are great with negotiation because they can remain very level-headed. If you try to do the negotiating yourself, it’s possible for very passionate conversation because you’re fighting for your dream home. A realtor can remove themselves from the emotional aspects of the transaction.

They’re knowledgeable

Most top realtors work in a regional area, and they are probably local to your desired home location. This means they are familiar with the local trends. They know where the good school districts are, what neighborhoods have cheaper taxes, and if the asking price of the home is reasonable for the area. They also know where to find the items on your wish list for your new home.

Roughly 78% of recent homebuyers state that their realtor was a useful source of information. Without the use of top realtors, you may not be able to find the home of your dreams, close at the right price, or sift through all the confusing paperwork. If you’ve decided to purchase a home, make sure you hire a realtor.

Jul 18 2017

Tips, Tricks and Advice for Redecorating Your Home

design processAre you ready to start a new home renovation project? Whether it has been years since you changed up your home decor or you are moving to a new home and need to get started on the design process, designing can be both fun and stressful at times. If you are not the biggest fan of being creative and doing the legwork on your own, hiring a designer and interior decorator could be the perfect solution for you and your needs. There is no reason to put off decorating your home any longer when you can seek outside assistance from professionals and experts in the trade.

Interested in learning more about the design process for interior decorators and how to know what looks good in your house? Keep reading to find out more about home decor and the process of decorating a home.

When it comes to home decorating and the design process, not all homeowners are up for it. In fact, so many homeowners put off redecorating their home or decorating it in the first place due to how much effort it takes or a lack of creativity. In the last five years, almost half of the homeowners in the United States have chosen to not redecorate. In the past decorate, nine percent has left their home exactly has it was ten years ago.

On the other hand, some age groups enjoy redecorating and remodeling their homes. Many say that it helps turn a house into a home. The design process is what makes the home feel comfortable and relaxed. In fact, when homeowners were asked to describe what made a happy home, the majority claimed feeling safe and secure, being able to relax and being able to be themselves were the top three things that made them happy in their homes.

Without changing up the home decor or remodeling when necessary, how do you turn a house into a home, though? The answer is making the effort to find an interior designer who can understand your desires and create the home of your dreams through their own design process. It is not at all uncommon to hire a designer or interior decorator to handle your home’s redecorating. The interior design industry is always booming. Every year, it makes around $10 billion in revenue. Over the next ten years, it is expected to continue increasing in popularity by 20 percent in regards to specialty interior design industries.

Interior designers know a lot of tips and tricks of the trade that can make the process easier for both you and them. From carpets and rugs, to wall hangings, to unique decorating rules, an interior designer can be exactly what you need to get started on one part of the house. After working with one for a few rooms, you may even be prepared to handle the rest of the house on your own if you choose!

One of the most important rules to remember when decorating is the “rule of threes”. This rule states that you should decorate with odd numbers rather than even amounts of items or objects. For some reason, it is more appealing and eye-catching to decorate in odd numbers. Keep this in mind for all your home decorating projects.

Another piece of advice interior designers will share with you is to make sure you leave space on each sides of a rug. If you add a rug to your living room or family room, around 12 to 18 inches of floor space should be kept open on all sides of the rug.

One last piece of advice is for hanging any art or photos on your walls. They should be hung around eye level. That means, when hanging anything on the walls, try to hang it at around 56 to 60 inches off the floor.

With this advice and these tips, you should be ready to start your next home decorating project. Will you consult with an interior designer on the design process first? Have you ever hired a decorator to redo your home? Let us know in the comments about your experience with redecorating and interior designers.

May 04 2016

Commercial VS Privately Owned Real Estate: What You Need to Know

commercial real estateLooking to invest in real estate? There are two basic umbrella terms used to describe real estate, commercial and private. Both come with different terms and benefits for those interested.

Privately Owned Real Estate

In 2015, the primary reason for purchasing a home was the desire to own a home of their own. But as we all know, it is not a cheap feat. In March 2016, the average home selling price in the United States was $186,000, and that came with an average home loan mortgage debt per family of $9,855,269. The majority of these buyers purchased their home through a real estate agent or broker, and only eight percent of home sales were for sale by owner sales, the lowest rate recorded since 1981.

If a homeowner has trouble paying their mortgage, they have the option to refinance once they own equity in their home. Equity is the difference between the amount owed to the mortgage company and the worth of the home. This may not always give an immediate reprieve because to be approved, most banks and lenders will require borrowers to maintain their original mortgage for at least a year before refinancing. Across the board, this process can be extremely profitable, seeing that throughout the entire United States, the total amount of home equity cashed out from refinanced loans in 2015 was $12.2 billion, with the average length of the loan being 6.4 years.

Commercial Real Estate

Investing in commercial real estate is a fantastic way to gain extra income. Defined as any nonresidential property used for commercial profit-making purposes, commercial real estate includes shopping malls, office buildings, and industrial parks. Proven as a successful investment, funding of real estate technology startups reached $605 million in 2014, up from $241 million from 2013.

When owning real estate, it is also imperative to make use of tenant representation, which is a real estate agent who represents tenants when it comes to negotiating space for lease. If this process is not done properly, you may have to follow the procedure of dealing with a reo property.

There are many businesses available for hire when it comes to reo properties. Commonly owned as foreclosures, these are properties owned by the bank. When this happens, receivership services are available as court appointed parties used to manage property during these disputes. Their duties include takeover services, post takeover services, reporting, and attending court.

Interested? Check out the Chicago commercial real estate near you!

Mar 16 2016

Legendary Texas Ranch Sells for $725 Million

farm lot for sale

The legendary WT Waggoner ranch in Texas was recently purchased in February. Stan Kroenke — owner of the Los Angeles Rams, and husband to Wal-Mart heiress Ann Walton Kroenke — had bought the ranch for $725 million. The WT Waggoner ranch, distinctive for its massive size, is 800 miles across, and is the highest-priced estate in the world. This is the first time the property has been listed for sale; after its establishment in 1849, the ranch stayed in the family for several generations.

Not surprisingly, such an old property comes with a legacy. Many of the employees on the ranch are now multigenerational — current employees have followed in their parents and even grandparents’ footsteps. While the majority of the immense estate is “untouched,” about 56,000 acres have been developed for oil, and the Waggoner family will retain 12.5% of the site’s mineral rights. The main uses of the ranch today are horse breeding, oil, cattle raising, and crops. There are currently about 14,000 cows on the property, as well as 1,100 producing oil wells.

Kroenke is no newcomer to ranch ownership, and in fact, was ninth on Land Report’s 2015 list of the largest landowners in the United States. With this recent purchase, he’s unlikely to stay in ninth place for long.

“We are honored to assume ownership of the Waggoner – a true Texas and American landmark,” said Kroenke in a released statement regarding the sale.

The typical ranch or farm lot for sale will, of course, not be as expansive as the WT Waggoner ranch. Nor will it be as expensive! There are a few reasons why ranches for sale are seen as investment properties by people like Stan Kroenke though the reasons vary depending on the property. Why invest in Montana luxury ranches, for example? Montana’s population is steadily growing, with a 14.1% projected to increase by 2043. Montana is also becoming a popular spot for activities such as fly fishing — now a $750 million market in the U.S. — and skiing, thanks to its many largely untouched outdoor areas.

If you don’t plan on being a big spender like Kroenke — or even Ted Turner, who purchased the 100,000 acre Flying D Ranch southwest of Bozeman for over $20 million in 1988 — you’d be more than typical. A farm lot for sale is an investment anyone may be interested in.

Jun 23 2015

Donating Clothes: 600,000 Men, Women, and Children Depend on Clothing Donations

Donating clothes

The homeless and poor in the United States are some of the most vulnerable members of the population. A Department of Housing and Urban Development study in 2013 found that there are more than 600,000 men, women, and children out on the streets on any given night. A quarter of the homeless happen to be children. For the less-fortunate, even something as simple as finding clothes, a task most of us take for granted, can be a struggle. That is why charitable clothing donations as so important for the nation’s homeless.

Though the issue of homelessness is a tragic one, what may be even more distressing is the fact that so many materials that could go toward clothing the homeless and poverty-stricken are needlessly thrown away. Nearly 90% of textile waste can be recycled and turned into clothing. Roughy 5% of the country’s landfill waste is clothing and household textiles such as cotton, polyester, nylon, rayon, and velcro — much of which are still salvageable. In 2006, an astonishing 2.5 billion pounds of fabric were kept away from the landfills and were instead used for recyclable clothing. Imagine if that waste hadn’t been salvaged. Unfortunately, massive waste of renewable materials isn’t something difficult to imagine.

It is for this reason that charitable clothing donations by caring citizens are so important in the struggle against homelessness and poverty. Donating clothes is simple and easy. Charitable donations in the form of lightly used clothing help thousands of people across the country get on with their day-to-day lives. Without support from charitable and non-profit organizations, the homeless would have it even more difficult out there in the streets.

Donating clothes has never been more convenient. Many charitable organizations have a pickup option for donations. If you do not feel like traveling to a charity organization to drop off your donation, some charities will come and pick it up right from your doorstep or curbside! Please consider donating clothes to charity today. Feel free to leave a comment or question below for more information.

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