Real Estate Realness: Factors to Impact a Pre-Approval
Did you know there are factors that can impact your pre-approval for a mortgage? That’s right, there are! It’s best to review your current financial assets and obligations first, so you can prepare for a smoother mortgage process. Any delays in the pre-approval stage will mean delays in your ability to make an attractive offer on a home.
Factors that can impact a pre-approval:
1. Income
2. Employment History
3. Other Debts You Owe
Talk to your trusted lender or financial advisor if you’re concerned about your pre-approval status or just want to know more about your loan options.
Real Estate Realness: The Colour Green
What does the color green mean when it’s in your home?
Green is commonly associated with nature, luck, wealth, and positivity. It’s been proven in studies to relieve anxiety and stress and improve mood and performance. Adding muted shades of green to your home can create a calming space to relax your mind while a brighter shade can boost your productivity.
What a great color to add to your home! No matter what shade you choose, it’s sure to bring some positivity to your life.
Real Estate Realness: Home Inspection
What is the purpose of a home inspection?Â
The inspection, done by a third-party licensed professional, lets you know the home’s current condition. It’s useful to make an informed decision and be aware of potentially harmful investments before it’s too late. An inspection report can be used to negotiate with the sellers for a better price or to make repairs before closing.
No one wants to buy their dream home only to find out the foundation is unstable or the electrical systems need re-wired. Protect yourself as the buyer and don’t forego the home inspection!
Real Estate Realness: Making your Home Smell Great
Here’s a tip for anyone looking to sell their home – make sure your home smells GREAT! Smell is more powerful than you think! And it’s about more than just making sure there aren’t any bad smells in your home. Good smells that are comforting and welcoming are proven to boost sales (that’s why shopping malls often overspray the perfume).
How to make your home smell more welcoming?
1. Fresh-Baked Cookies
2. Scented Candles
3. Lemon Slices
4. Fresh Flowers
5. Light, Natural Scents
Real Estate Realness: The Real Questions to Ask
Potential home buyers often have a lot of questions when shopping for a home (as they should). Almost too many to remember! It’s best to prepare a list of questions in advance and ask them at every home so you can make a true comparison later.
Questions every home buyer should ask:
1. How old is the roof?
2. How old are the appliances?
3. What all comes with the sale?
4. How susceptible is the house to natural disasters?
Real Estate Realness: Real Estate Investment Trust
What is a REIT?Â
REIT stands for Real Estate Investment Trust, which is a company that owns, operates, or finances income-producing real estate. They can include apartments, grocery stores, hotels, warehouses, and many other property types. Investing in REITs means you’ll receive dividend-based income while supporting community needs and development.
Real Estate Realness: Spring Cleaning
It’s Spring Cleaning time again! Are you ready to roll up your sleeves and wipe down every nook and cranny of your home? Yes? No? Maybe so?
Here are 3 Spring Cleaning Tips to help make the job easier:
1. Put on a playlist that makes you want to move!
2. Make a cleaning kit you can easily carry with you.
3. Declutter, organize, and clean room by room, top to bottom.