Did Your House Shrink

Have you outgrown your home? Or has your home outgrown you and your household? Fewer and fewer families expect to stay in their first or second home for the long haul. Here are some factors to determine if you’re financially and emotionally ready to sell your house:

  1. Growing or shrinking household — Are you about to welcome a new baby or take in aging parents? Maybe you’re sending your youngest off to college. In any event, if your living space has become too cramped or grown beyond your needs, it may be time to make a move.
  2. Plenty of home equity — Subtract the value of your home from the amount you have left on your loan. What’s left over is the equity — or the amount you’ll have post-sale. After you sell your home, you’ll be a buyer again, so having some funds to put down is key.
  3. Interest from potential buyers — You’ll want to list when you know buyers are looking. Some experts say late spring is the ideal time to sell, but peak seasons vary by region. Milder weather can increase buyer interest, but that also means more competition from other sellers.
  4. Changing circumstances — Location matters. Whether your neighborhood dynamics are changing, you’re unhappy with the schools in your area or a new job significantly increases your commute, your community needs to fit your lifestyle.
  5. Home improvements — Renovations may be a wise investment, but it’s best to avoid listing your home in the middle of a project. If you plan to sell your home as is, completing some minor home updates such as new paint and fixtures can be a huge selling point.

Moving is a big decision, one that requires careful consideration. If your needs have changed since you bought your home, don’t hesitate to get in touch.

Wacky Willamette Valley Detours

What is it that makes the Willamette Valley so … eccentric?

[…] Whatever the reason, here you’re encouraged to do what you like, to follow your bliss, to blaze your own trail.

Oregon has long produced and attracted dreamers and drifters, misfits and mysteries, so it’s no wonder that the Willamette Valley claims more than its fair share of the freaky and the far out.

Starting in the south, near the Willamette River’s origins outside Eugene and extending north toward Portland, here’s your checklist of must-see monuments to the mysterious. Read More

Nearly 75% of First Time Buyers Purchased Home With Less Than 20% Down Payment​

Most first time buyers believe that in order to purchase their first home, they need to come up with a sizeable down payment—typically 20%.

But the truth is, you can buy a home for a lot less and, in fact, most first time buyers are.

According to the most recent REALTORS® Confidence Index from the National Association of Realtors®, a whopping 72% of first time buyers purchased their home with a down payment of less than 20%.

So what’s changed? While 20% used to be the standard in order to secure a loan, options like FHA loans are more lenient with their requirements. As long as a first time buyer has the financial stability to support their mortgage payments in the long term, they can get approved—even if they aren’t able to save a substantial amount for their down payment.

The Takeaway

If you’re thinking about purchasing a home but have been putting it off to save a substantial down payment, there’s no reason to wait. With the flexible loan options on the market, you can secure a loan with a far smaller down payment than you’d imagine—and make your dream of owning a home a reality.

Ants, Remodels, and… Instagram?

Remodeling Impact: Outdoor Features
You know your yard has some super curb appeal potential, but where to begin? Check out the Remodeling Impact Report: Outdoor Features from the National Association of REALTORS®. It’s got some interesting data on how landscaping affects home value, especially those with tons of curb appeal. They beat out most indoor projects when it comes to adding value to your home!

Who says Instagram is all about filters and trendy decor? We collected some fab home projects posted by Instagrammers that do more than just lure likes: More efficient bathrooms. IKEA storage hacks. Kitchens that function better. And (of course) they look #sogood, too. Houselogic.com

How to Get Rid of Ants
Follow these natural remedies for ants. Trap foragers in a sticky, nearly empty honey jar. Sprinkle ant pathways in dry areas with diatomaceous earth, or put boric acid in crevices. Track odorous ants back to the nest—armed with a vacuum cleaner—then wipe down trails with soapy water to throw them off their scent. Bait can turn foragers into poison mules but can also increase traffic. Now do a deep clean (is that a Twix behind the sofa?). Carpenters are tricky. My favorite solution is TERRO ant bait. It’s amazing! If you’ve got these chompers, or any ant that won’t take a hint, call a pro. ThisOldHouse.com

Yet Another Blog

Well, we’re going to give thing thing another try and I hope against all hope that it actually works! Previous blogs have been thrashed, trashed, and generally ouchified. This one will work, though, darn it!

I am constantly reminded that if I have my systems properly set, such problems never happen. I am now redoing all of my systems! Blogging, marketing, even presentations are all getting the 2020 overhaul (stop laughing!) I have determined that I am disorganized and thus have hired a lovely lady (say hi, Cheryl!) to assist me solve my work vs. time issues. It’s true. I have an assistant. It’s a lovely, lovely thing to be able to just ask her to figure it out and explain it to me in small words while I dash to the next appointment. She’s magical! It just happens! I am so keeping her in a pumpkin shell.

I am so happy to end this quarter and begin the next with a good outlook because everything is running as it should. It gives me the time to do what I love best – and I’m best at- serving my clients! Did you hear that, world? I have time! It’s amazing!

If this post works – and cross your fingers – I am going to ask Cheryl to slam in a bunch of my old blog posts so they aren’t lost forever. Of course, she did that with the one I kinda, sorta accidentally killed. Erk. Sorry!

Best,
Christy