Donna Fessler's Blog
As you move forward with your home purchase, your real estate agent may recommend that you have your home inspected. Sometimes the inspection is required by the lender or insurance company, but sometimes it’s an optional step. Buyers who have the option sometimes consider skipping the inspection to save a little cash. Before you say “no” to the inspection, consider these reasons that it may be an important safety measure to take.
1. The Ability to Walk Away
When buying a home, you want to be completely sure that you’re not buying a home with problems that will cost you thousands after closing. Making an offer contingent on the results of an inspection allows you to legally walk away from your purchase contract if the inspector finds a serious issue. Without an inspection and this contingency, your offer is legally binding, and walking away is a costly choice.
2. Ensure Your Home Is Safe
Home inspectors know how to find problems that aren’t clear to the naked eye. From electrical wiring problems to hidden mold or problems with the home’s structure, knowing about these issues will protect you from buying a home that’s not safe to live in.
3. Improve Your Negotiating Position
If the inspection finds something wrong with the home that will be costly to fix, you can still buy the home if you wish. Armed with the information from the inspection, you can ask the seller to make repairs or give you a different price to cover the problems found. For instance, if the roof is in need of major repair, you can make a new offer that requires the seller to make those repairs, or you can offer at a lower price, using the difference to cover the repairs. Your real estate agent will help you understand the requests that are reasonable as you craft a new offer.
4. Enjoy Peace of Mind
A home inspection gives you peace of mind that you are buying a quality home. When the inspector gives it a stamp of approval, you can know that you are unlikely to have serious surprises when you move in.
5. Find Pest Problems
You don’t want to move in only to discover termites or roaches in the home. Pests can often go undetected until a serious infestation is present, but an inspector knows how to find the hidden signs of pests. Finding pests doesn’t mean you need to avoid the home, but it does mean you should ask the seller for professional pest control measures before you close on the property.
An inspection is an important step when buying a home. The cost of the inspection is small in comparison to the peace of mind and protection it brings. Even if it’s not required, make sure you request an inspection on your next home purchase.
Baby Boomers remain the single largest demographic, and their transition into retirement age continues to change the senior living landscape. At more than 74 million strong, this generation will completely cross the retirement age threshold in the next decade, and 52 million Americans are already enjoying their golden years. That being said, the quality of life needs impacting our valued elders are likely to shake up the status quo going forward. These are senior living trends that are expected to unfold in 2020.
1: Location Matters
Today’s health and wellness conscious seniors are living more energetic lifestyles. With that in mind, retirement communities are increasingly being developed in close proximity to robust shopping, dining, and cultural arts facilities. Gated communities that offer amenities such as health and fitness centers, recreational spaces, and public transportation for day trips are enticing places for seniors seeking improved quality of life.
2: Embracing Technology
It wasn’t many years ago that the complexities of emerging technologies limited their usefulness to Baby Boomers and older generations. But innovation has all but eliminated the user unfriendliness of those early desktops and hand-held devices. Seniors are increasingly pleased with Smart-home technologies that are voice operated, such as the friendly Alexa. Beyond controlling lights, televisions, and other home items via voice command, tech gadgets are topping lifestyle wish lists.
3: Fifty-Five & Older Communities Prove Desirable in 2020
The 2019 housing market saw modestly inflated single-family listing prices. That was largely due to low inventory and fierce competition between downsizing Baby Boomers and upstart Millennials. The latter struggled through some economic adversity, such as student loan debt, that caused them to buy starter homes a tad later than previous generations. A log jam between the two groups over smaller homes has developers creating more 55-and-older communities that eliminate competition of younger homebuyers.
4: Aging in Place is a Thing
While some aging parents and grandparents opt to downsize, buy into communities with other seniors, or move into assisted living facilities, many are determined to remain in their family home. The priceless memories of holiday gatherings and children’s first steps are not worth trading. Aging in place continues to trend among independent-minded seniors, and family members may want to consider augmenting this lifestyle rather than try to persuade mom or dad to relocate.
Support systems such as community groups, volunteerism, and having a visiting nurse check-in on parents and grandparents are more likely to enhance the quality of daily living. It may seem logical to children and grandchildren to have your elders come live with you. However, it’s essential to respect their independence.
5: Isolation Issues
It would be something of an understatement to say that our valued elders enjoy an independent spirit. As admirable as that sense of self-determination may be, the loss of a spouse or community members tend to reduce the human interactions our elders have on a daily basis. Isolation can be the downside to independence, and it’s up to friends and family members to maintain the communication channels open.
It’s worthwhile to set up group texts and emails to make sure loved ones consistently visit. Getting involved with pastimes such as going to sporting events and impromptu family get-togethers can go a long way to reduce feelings of isolation.
Have you ever made a move across the country? While this is a huge step, it can be extremely rewarding. Whether you’re moving for a job or you just want a fresh start, the whole process can be stressful and very expensive. However, there are some tips to consider that can help to ease the stress and simplify the process.
Timing is Key
While you may think that you can move at any time, you should be strategic on when you move—if you want to save the most money. Holidays, weekends and at the end of the month are the busiest — and most expensive — times to move, so choose wisely in this regard. To score the best savings, try to move during the week and before the month of May or after the month of September. These are the times when moving is extremely common, so the moving industry will ramp up costs during these times. You want to also ensure that you are 100% ready by the time of your move. Try to think about everything that needs to be done, then set a time for your departure.
Lighten Your Load
When preparing for your cross-country move, it’s also very beneficial to get rid of junk that you don’t need. Consider your necessities and throw away things that you never use. This step can be the deciding factor between renting a truck or taking your own car across the country. Renting a vehicle for a long-distance move can cost over $1,000, so it’s important to cut costs if possible. Be sure to go through boxes, throw away junk, and compact your belongings as much as possible.
Pack Your Own Food
Driving across the states for your move can take days. And if you’re driving a moving truck with all of your belongings, then this journey can take even longer. That being said, you’ll need to make eating and sleeping arrangements. Unfortunately, these expenses can really add up quickly, especially since you’ll need money for multiple meals and multiple nights on the road. Therefore, to save a little cash, be sure to pack food for the drive. Not only can this help you save as you’re adventuring from state to state, but it can also help you save on time. Rather than stopping every few hours to get a quick bite, you can conveniently eat while you drive or pull off the road for a few minutes.
Moving across the country can take a toll emotionally, mentally and physically. And if you’re doing it alone, this journey can be even more stressful. But by focusing on the three tips mentioned above, you can rest easy knowing that you’re well-prepared for this life-changing adventure.
In the internet age, we’ve all seen dream homes on Google, Pinterest, or Instagram that seem to encompass everything we’ve ever wanted in a home.
Sometimes, obsessing over dream homes can be detrimental to us--making us feel bad about our own living situation or discouraged about ever being able to afford the home we truly want.
However, dream homes can serve a purpose when it comes to identifying what we really want out of a home.
In today’s post, we’re going to use the idea of a dream home “wish list” to help you narrow down what really matters to you and your family in your next home.
Step 1: Start by making a list of your dream homes
This is the easy part. If you’re like me, you probably have a Pinterest board or bookmark folder just for home inspiration.
Put all of the dream homes on your list. The order doesn’t matter, and you’ll find out why below.
Step 2: For each home, write down one or two of your favorite things
Is it the square footage? The location that’s perfect for your commute or for trips to your favorite places? Or, is it just the color scheme of the kitchen?
No aspect is too small for this list--it all depends on what you like, not what the price tag is.
Step 3: Go over your list and try to put the items in order of how much they matter to you.
An example would be:
A cheerful, bright colored kitchen
A cozy office to wok quietly in
A two-car garage
A playroom for the kids
A location that’s close to the water
Looking over these five things, there are only two items that can’t be found in most houses, a two-car garage and a location that’s near the water. And, this house-hunter didn’t even list those items as the most important.
So, what can we learn from this exercise? Oftentimes, the things we’re looking for the most in a home can be things that we can do later, like interior decorating or designating spare rooms to serve as an office or playroom.
Step 4: Use your top 3 when house hunting
Now that you have the top three things that you’d find in your dream home, take this list with you on your house hunt. Try to seek out a home that has a combination of these items and one that will be the most practical for your family.
You might find that these conveniences, such as being closer to your work for a shorter commute, will pay off in the long run, as they’ll let you spend more time with our family and make each day a little bit easier.
Although clutter in your home may seem like an insignificant problem, it can actually have a negative impact on everything from your personal productivity to family relationships.
When dirty dishes pile up, clothes gather on the floor, and toys are scattered everywhere, it often creates a feeling of discouragement that can seep into every aspect of your life.
While most people view clutter as an annoyance or an eyesore, studies have shown that it can contribute to stress, feelings of guilt, and even depression. Books have been written on the topic and well-known websites have devoted countless pages to the connection between stress and clutter.
In addition to feeling embarrassed when guests drop over unexpectedly, household clutter makes it difficult to find important things, like car keys, homework assignments, or cell phones. A disorganized, messy home can also lead to bills being paid late, which can bring with it a whole separate set of problems, such as late payment fees, collection letters, and credit rating issues. For people planning on applying for a mortgage in the near future, a damaged credit score could adversely affect interest rates, loan terms, or even their chances of obtaining a mortgage.
Fortunately, there are ways to turn the tide on your battle with household clutter. The first step, of course, is to recognize that you have a problem. The second step is to begin writing a plan or set of goals for taking charge of the clutter. The third step is to begin taking action and to set aside 15 to 30 minutes a day for organizing your home and putting clutter in its place!
If you're considering putting your home on the market in the near future, you may need to bump up that time allotment! Cluttered closets, storage areas, and countertops are sure to send the wrong message to prospective home buyers. Living areas that contain too much furniture, stacks of magazines, or piles of unsorted mail will convey an unwanted image of chaos, messiness, and disarray. Clutter can also have the effect of making rooms look smaller and less appealing.
In addition to establishing new and better habits for keeping your home organized and looking its best, it's also important to enlist the cooperation of your family. When everyone does their part to keep your home looking presentable and well maintained, fewer things will get misplaced, moods will be lifted, and you'll no longer feel embarrassed when company drops by!
The best time to begin attacking the problem is now. If the project seems overwhelming, the solution is to start small, but stick with it on a daily basis. As the famous quote says, "The race does not always go to the swift, but to those who keep on running."