Planning for 2015 Already? Here are Some Home Decor Trends to Watch Out For

Planning for 2015 Already? Here are Some Home Decor Trends to Watch Out ForYour home is your haven, your place to get away from the world at the end of a long day. That’s why keeping your home decor on-trend is important: It will create an inspiring and relaxing space that you can enjoy.

Whether you are looking for changes you can make at your existing residence or you’re thinking about what to look for in a new home, pay attention to what’s coming in 2015. These exciting trends in home decor that are really making a splash.

It’s All About Color

From exterior to interior color schemes, 2015 is the year of lavender, plum, tan, beige, and blue, with a dash of green. expect to see variations of these colors dressing new homes. You can make a refreshing change in your own home simply by applying a new coat of paint in your living space.

Start small and see what a difference it can make in one room. You can go big with new vinyl siding if you really want to make your home pop.

Transform Your Outdoor Living Space

Many homeowners are tapping into the potential of their yards. From patios to gazebos and waterscapes, there are so many ways that you can enhance your outdoor space and create an escape that is appealing and inviting.

Bring The Outdoors Inside

The latest buzz is about color schemes, fabrics, and prints that create an airy atmosphere within the home. It’s like nature has been invited in to stay a while. Use water colors, soft textures and eye-catching pictures on the wall to create a fantasy that is irresistible.

Take Your Decor Back In Time

Many see a return to older, simpler times as an upcoming trend in home decor. Don’t be surprised to see antique rockers on the porch, a grandfather clock in the hallway, and family photographs from bygone days to bring back a sense of yesteryear.

Give Your Space Two Green Thumbs Up

Homeowners are trying to create a natural ambiance by bringing more greenery into their yards and homes. Consider making the addition of live plants to the interior – it adds a decorative touch and improves air quality.

2015 is going to bring with it some big changes in home decor trends. Whether you’re looking to sell your home or you just want to spruce it up, these great decor ideas will help you to create a livable space that has 2015 written all over it.

For more information about the latest trends, or to find out how you can use home decor to boost your home’s resale value, contact your local real estate professional today.

posted by Bill Desautels
P: (802) 655-9100 (800) 639-4520 x217 F: (802) 655-0400 E: condoguy@condoguy.com

The Condo Guy – Vermont condo real estate
The Condo Guy has been providing advice to buyers
and sellers of Vermont condos real estate
for nearly 30 years.

Real Estate sales and marketing in the Greater Burlington Vermont region has been my occupation and passion for more than 30 years. My focus has been on the sales and marketing of condominiums with a generous amount of single family home sales thrown into the mix. Each week I bring information of interest that not only focuses on the local home and condo real estate community but also provides context to the Burlington market in respect to larger market real estate trends. I enjoy feedback and the opportunity to meet my readers and experience their home. The Condo Guy is here for you when it comes time to buy or sell your condo or home.

Keeping Quiet: Five Things You Shouldn’t Mention During an Open House

Keeping Quiet: Five Things You Shouldn't Mention During an Open House

An open house is an opportunity for sellers to showcase their property to a potentially large number of interested buyers, and a great way to generate buzz. While you want to be as open and honest about the property as possible, you also want to make a good impression – and that means there are some things that you don’t want to say during an open house. Here are five things that you should definitely keep to yourself during your next open house.

This Is Where The Dog Did His Business

There is a good chance that the new owner of a home is going to do something about stained carpet or hardwood. At best, the honesty is providing too much information to the buyer. At worst, the honesty could turn a potential buyer off.

The Candle Is Covering Up For Last Night’s Fish Dinner

A buyer wants to get a true feel for how he or she would enjoy living in the house. If a candle is covering up an unsavory scent, it could cause the buyer to ask what else a seller may be hiding.

The Neighbors Tend To Be Noisy

What one person may consider excessive noise may not bother another person. The last thing that a seller wants to do is create the impression that a home is not a peaceful place for the buyer to spend their evenings and weekends in. Let buyers judge for themselves how noisy your neighbors are.

The Schools Around Here Aren’t Very Good

Having good schools in the area is a feature that boosts property values for everyone in the neighborhood, and mentioning that the schools are poor or anything less than the best could turn buyers off. If the schools aren’t great or aren’t up to the seller’s standards, it is best to not mention them at all. Again, let your buyers decide whether or not they like the schools.

There Isn’t Much To Do Around Here

Although most buyers know what kinds of attractions are nearby, there is no reason to be negative about a house located in a more rural area. The concept of “boring” is subjective. If buyers are looking at your property, they have likely already researched the community – and they like it enough to come have a look at your house.

An open house is your opportunity to create a great impression. Don’t waste it by pointing out all of your home’s flaws. For more advice on how to sell your home, contact a local real estate professional today.

posted by Bill Desautels

P: (802) 655-9100 (800) 639-4520 x217 F: (802) 655-0400 E: condoguy@condoguy.com

The Condo Guy – Vermont condo real estate

The Condo Guy has been providing advice to buyers
and sellers of Vermont condos real estate
for nearly 30 years.

Real Estate sales and marketing in the Greater Burlington Vermont region has been my occupation and passion for more than 30 years. My focus has been on the sales and marketing of condominiums with a generous amount of single family home sales thrown into the mix. Each week I bring information of interest that not only focuses on the local home and condo real estate community but also provides context to the Burlington market in respect to larger market real estate trends. I enjoy feedback and the opportunity to meet my readers and experience their home. The Condo Guy is here for you when it comes time to buy or sell your condo or home.

Turned Down for a Mortgage? What to Do if You are Declined – and How to Get Second Opinion

Turned Down for a Mortgage? What to Do if You are Declined - and How to Get Second OpinionIf you have been declined for a mortgage, you may think that buying that new home is out of reach. However, there are ways to turn a rejection into an approval and to find a more accessible loan. Here are just a few steps you can take to learn about your loan options and get the mortgage that works for you.

Find Out Why The Mortgage Application Was Denied

The first step to getting a second opinion is to find out why your mortgage application was denied. Banks commonly deny mortgages for reasons like a low credit score, a high debt-to-income ratio, or concerns about the applicant’s past and present employment status.

To qualify for a mortgage, most lenders want to see someone with a credit score of 640, a debt-to-income ratio of less than 43 percent after the mortgage is included and at least 30 days in your current position if using wage income to qualify for the loan.

Not All Lenders View An Application The Same Way

A good reason why it is worthwhile to ask for a second opinion about your ability to get a loan is because no two lenders will view an application the same way. For one lender, a credit score of 650 is insufficient for getting a loan – but another lender might be more than happy to offer you a mortgage with a score of 650. To get a second opinion, you may wish to talk to a mortgage broker who will be able to scan a variety of loan programs to find one that works for you.

There Are Ways To Find Down Payment And Closing Cost Assistance

Those who have a low credit score or other questionable metrics may be able to qualify for a loan by offering a larger down payment. While a first-time buyer may not have the cash on hand to make a larger payment, there may be programs that provide grants or low-interest loans that can be used as part of your down payment or to help pay closing costs. With this extra money, it may be possible to overcome lender objections and obtain a mortgage.

If your mortgage application has been rejected, it doesn’t mean that you can’t get a mortgage from another lender. If you’re ready to buy a house but just need to clear the mortgage approval hurdle, there are ways to get a leg up.

posted by Bill Desautels

P: (802) 655-9100 (800) 639-4520 x217 F: (802) 655-0400 E: condoguy@condoguy.com

The Condo Guy – Vermont condo real estate

The Condo Guy has been providing advice to buyers
and sellers of Vermont condos real estate
for nearly 30 years.

Real Estate sales and marketing in the Greater Burlington Vermont region has been my occupation and passion for more than 30 years. My focus has been on the sales and marketing of condominiums with a generous amount of single family home sales thrown into the mix. Each week I bring information of interest that not only focuses on the local home and condo real estate community but also provides context to the Burlington market in respect to larger market real estate trends. I enjoy feedback and the opportunity to meet my readers and experience their home. The Condo Guy is here for you when it comes time to buy or sell your condo or home.

Experiencing ‘Purchase Anxiety’? How to Calm Your Nerves Before Committing to Buy a New Home

Experiencing 'Purchase Anxiety'? How to Calm Your Nerves Before Committing to Buy a New HomeWhether this is your first big purchase, or your family is moving to a new location or looking for more space, buying a home has its share of ups and downs.

It’s perfectly normal to feel anxious about whether or not you’ve found the right property. Here are some things you can do to make yourself feel more secure with your decision.

Do The Math

You’ve probably already done this, but it’s okay to go over it a number of times to be sure. Factor in your household income and all the bills you expect to pay every month. Add everything up.

It sounds like a stressful activity, but when you look at the numbers and realize that buying a home is actually doable, it can be a liberating feeling.

When you know for sure you can make it as a homeowner without getting underwater, you will feel more confident.

Meet The Neighbors

If you haven’t had the chance to knock on a couple of doors yet, you should spend some time saying hello to people in the neighborhood.

The more you can get to talking with families that are just like yours, the more you will be able to picture yourself as a member of the community. If you have kids, find out if there are other kids the same age nearby. That will help to ease their anxiety about moving as well.

Ask Your Agent

Don’t feel like you are being overly cautious if you ask your real estate agent your lingering questions. Make sure you’re getting a good price for the area, and make sure you know about any issues with the condition of the property. You should be able to trust that they’re excited for your decision, not just for making the sale.

Familiarize Yourself With The Neighborhood

Take a drive and figure out which stores you’re nearest to, the route you can take to get to work, and which other amenities you might take advantage of. Home buyers often underestimate how important living in a safe neighborhood with plenty of accessible businesses can be. The more you can imagine yourself living at your new address, the better you will feel.

Remember, never sign the papers on a new home unless you feel one hundred percent secure in your buying decision. If you need more answers, pick up the phone and call a real estate agent you can trust and who can walk you through every step of the process.

posted by Bill Desautels

P: (802) 655-9100 (800) 639-4520 x217 F: (802) 655-0400 E: condoguy@condoguy.com

The Condo Guy – Vermont condo real estate

The Condo Guy has been providing advice to buyers
and sellers of Vermont condos real estate
for nearly 30 years.

Real Estate sales and marketing in the Greater Burlington Vermont region has been my occupation and passion for more than 30 years. My focus has been on the sales and marketing of condominiums with a generous amount of single family home sales thrown into the mix. Each week I bring information of interest that not only focuses on the local home and condo real estate community but also provides context to the Burlington market in respect to larger market real estate trends. I enjoy feedback and the opportunity to meet my readers and experience their home. The Condo Guy is here for you when it comes time to buy or sell your condo or home.

You Ask, We Answer: Understanding the Vermont Real Estate ‘Short Sale’ and How This Process Works

You Ask, We Answer: Understanding the Real Estate 'Short Sale' and How This Process WorksA short sale is something that occurs when a homeowner is not able to make the mortgage payments on time due to a financial hardship. Instead of foreclosing on the property after one or more missed payments, the bank may agree to allow the homeowner to turn the home over to the bank, which will sell it to as close to market value as possible.

Here’s what you need to know about how short sales work and what circumstances might call for one.

Step 1: The Homeowner Provides Information To The Bank

The first step in the short sale process is for the homeowner to submit an information package to the bank. The homeowner will provide information such as the reason for the short sale, an authorization letter allowing the real estate agent to talk to the bank, and a financial statement. In addition, the seller may need to provide an HUD-1 statement as well as a list of comparable homes in the area.

Step 2: The Buyer Makes An Offer

Once the house is put on the market, a buyer can make an offer just as he or she would on any other home. The seller will then have the opportunity to accept any offer that he or she receives from a prospective buyer.

Step 3: The Bank Makes A Decision About The Offer

Once the seller accepts an offer to buy the home on short sale, the seller is responsible for sending information about the sale to the bank. Before the sale is finalized, the bank must approve the buyer’s offer. It could take as little as two weeks or as long as 120 days for the bank to approve the offer.

However, not all short sales are immediately approved. The seller’s bank bank might decline the buyer’s offer for one reason or another. A bank may decline a short sale offer if the bank negotiator thinks the house is worth more than the buyer’s offer or if the seller violates a clause in the short sale agreement – such as moving out of the property and violating a clause that states only owner-occupied properties are eligible for short sale.

Buying a home that is being sold as a short sale requires patience and an ability to move at the bank’s pace. Working closely with an experienced lender or mortgage broker may make it easier to get through the process without a lot of hassle or drama. For more information about short sales, or to complete a short sale on your property, contact a local real estate agent today.

posted by Bill Desautels

P: (802) 655-9100 (800) 639-4520 x217 F: (802) 655-0400 E: condoguy@condoguy.com

The Condo Guy – Vermont condo real estate

The Condo Guy has been providing advice to buyers
and sellers of Vermont condos real estate
for nearly 30 years.

Real Estate sales and marketing in the Greater Burlington Vermont region has been my occupation and passion for more than 30 years. My focus has been on the sales and marketing of condominiums with a generous amount of single family home sales thrown into the mix. Each week I bring information of interest that not only focuses on the local home and condo real estate community but also provides context to the Burlington market in respect to larger market real estate trends. I enjoy feedback and the opportunity to meet my readers and experience their home. The Condo Guy is here for you when it comes time to buy or sell your condo or home.

Saving the Best for Last: Why You Want to Save the Best Rooms in Your Home for the End of the Showing

Saving the Best for Last: Why You Want to Save the Best Rooms in Your Home for the End of the ShowingDo you remember when you were buying your first home?

You may have looked at dozens before you settled on the perfect home for your family to live and grow in. Perhaps another home came in a close second, but you ultimately settled on that house or apartment – the one you’re now selling.

Chances are you don’t remember anything much about most of the homes you viewed, and the things that stand out are the best (that bedroom with a fireplace!) or as bad as they can be (remember the sofa placed over the cigarette burn in the carpet?).

When you’re staging your own home and giving tours to prospective buyers, it’s important to give them something to remember, and saving the best for last is one way to do it.

First In, First Out

When it comes to memories, older isn’t necessarily better.

In fact, research shows that the brain clears out older memories to make room for new ones. That’s why what you did today is fresh in your mind, but things get hazy when you think about last week or try to remember life as a child.

If you show off the best rooms in the house toward the end of the tour, it will stick in the buyer’s mind after she leaves.

Just like you make sure the first impression is good – this is known as ‘curb appeal’ – you’ll want to end on a high note. This helps sell your home faster.

Doorway To The Mind

Entering a new room causes you to forget why you’re there in the first place. Researcher Gabriel Radvansky from Notre Dame completed a year-long study about this phenomenon, which is also known as ‘event boundaries.’ In essence, your brain compartmentalizes data to a specific location.

When you’re indoors, the walls around you literally become mental boundaries. As soon as you step through a doorway, you forget that you meant to put the phone back on the hook. For home buyers, every new doorway acts as an event boundary.

If you put the bedroom with the fireplace or the outdoor jacuzzi in the first half of your tour, buyers will walk through a lot of doorways after seeing some of the best parts of your home.

Every doorway is an opportunity for their brains to forget something that might help you when it comes to getting the sale closed. Put fewer doorways between the strongest architectural or design features and the end of the tour to make the biggest impact.

If you have further questions about staging, contact your real estate agent today for advice and strategies.

posted by Bill Desautels

P: (802) 655-9100 (800) 639-4520 x217 F: (802) 655-0400 E: condoguy@condoguy.com

The Condo Guy – Vermont condo real estate

The Condo Guy has been providing advice to buyers
and sellers of Vermont condos real estate
for nearly 30 years.

Real Estate sales and marketing in the Greater Burlington Vermont region has been my occupation and passion for more than 30 years. My focus has been on the sales and marketing of condominiums with a generous amount of single family home sales thrown into the mix. Each week I bring information of interest that not only focuses on the local home and condo real estate community but also provides context to the Burlington market in respect to larger market real estate trends. I enjoy feedback and the opportunity to meet my readers and experience their home. The Condo Guy is here for you when it comes time to buy or sell your condo or home.

Home Buying Tips: Three Items to Watch out for in a Purchase Agreement Contract

Home Buying Tips: Three Items to Watch out for in a Purchase Agreement ContractThe purchase agreement is a vitally important document that outlines the provisions, terms and conditions for the transfer of property.

It should be read carefully and any ambiguities should be clarified prior to signing. It is a legally binding contract between the buyer and seller.

The purchase agreement may vary depending on the location. Most real estate agents use a form that has been approved by a state Realtors® Association.

The seller may have a different version that was drawn up by an attorney. It should not be assumed that they are all the same.

Typically, the purchase agreement will include an inspection period. This allows the buyer time to verify the conditions stated on the purchase agreement. Three of the most important stipulations in the contract are listed below.

All Owners Must Sign the Purchase Agreement

In most cases, the purchase agreement should be signed by the legal owner of the property.

If there is more than one owner, each owner should sign the agreement. In many states, both parties in a married couple have an interest in a property even if the title is held in one party’s name alone. Therefore, the purchase agreement should be signed by both parties of a married couple.

In the event the property is being sold by a corporation, verify that the person signing the agreement is authorized to commit the corporation to the sale.

List All Fixtures to be Transferred with the Sale

The purchase agreement should list all items that are to convey with the property. “Fixtures” are considered items that are attached to the property.

Legally, they should be included with the sale, but more than a few buyers have been dismayed to find the property stripped of countertops, appliances and window coverings. Any fixtures and personal property that are part of the sale should be included in the purchase agreement.

Verify Zoning Ordinances

The purchase agreement may contain various stipulations. One should include the right to cancel the contract if zoning prohibits the use of the property as planned.

Zoning ordinances may restrict the use of buildings or land. This may prove to be an obstacle for someone who intended to include a workshop on the property. The buyer should be able to withdraw from the contract if they discover that zoning prohibits the intended use.

These agreements can be complicated, so be sure to check with a local real estate agent if you’re unsure about how to proceed.

posted by Bill Desautels

P: (802) 655-9100 (800) 639-4520 x217 F: (802) 655-0400 E: condoguy@condoguy.com

The Condo Guy – Vermont condo real estate

The Condo Guy has been providing advice to buyers
and sellers of Vermont condos real estate
for nearly 30 years.

Real Estate sales and marketing in the Greater Burlington Vermont region has been my occupation and passion for more than 30 years. My focus has been on the sales and marketing of condominiums with a generous amount of single family home sales thrown into the mix. Each week I bring information of interest that not only focuses on the local home and condo real estate community but also provides context to the Burlington market in respect to larger market real estate trends. I enjoy feedback and the opportunity to meet my readers and experience their home. The Condo Guy is here for you when it comes time to buy or sell your condo or home.

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