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Taste a Rainbow: 11 Top Home Decorating Colors and How to Use Them
Prime yourself for spring painting season with our color-happy guide to working with popular shades around the home
Contrary to local lore winter can be a good time to sell your Kenai or Soldotna home. Everyone assumes that summer is better but the truth is that the best time to sell is when the buyers are in the market looking, be it summer or winter.
We are seeing a large influx of relocation buyers who are often given one weekend to tour homes and make a decision before they have to return from hence they came to pack everything up and move. The housing inventory is smaller in the winter than the summer giving you better odds that your home will be seen by winter buyers.
Check out this article for a few easy tips for improving the photos and showings of your Kenai or Soldotna home in winter.
How much evidence is needed to make a decision to get out of the rent race and into a Kenai Home?
Compare your rent with a mortgage payment on a similar size property. If you want a larger home than your current one, use the rent that property would require instead of what you’re currently paying. If it’s considerably cheaper, you may not need any further encouragement.
By the time you consider the principal reduction, appreciation and tax savings, your monthly cost of housing could be much less than the rent you’re paying.
The principal reduction included in each payment is like a forced savings account that increases as your mortgage balance decreases. Your equity in the property will also grow due to appreciation. The equity is part of your net worth and an investment in your family’s future.
The income tax savings can be an additional financial consideration if the combined interest and property taxes exceed the allowable standard deduction.
Trends are showing that both tenants and homeowners are staying in their homes longer. It’s been said that whether you rent or own, you’re paying for the home. Do you really want to buy the home for your landlord? Check out your numbers on a Rent vs. Own.
Buyers who have delayed purchasing a Kenai home due to concerns about what might happen to the tax laws affecting home ownership should feel comfortable about getting back in the market. The recent legislation passed by Congress and signed by the President continues to value homes as a favored investment.
For a summary of specific real estate provisions in the “Fiscal Cliff” bill, click here.
Whether the delayed purchase is for a Kenai home to live in as your principal residence or to use as rental property, taking action sooner is better than later.
Reasons to buy now:
Contact me about any specific questions you have or information you need.
An excited Kenai homeowner called our office on friday demanding to know why her Kenai home was showing on Trulia. Trulia is a popular website used to search properties listed for sale. The Kenai homeowner’s house was not for sale, hadn’t been in over fifteen years.
After discussing the Kenai homeowner’s privacy concerns we concluded that Trulia must have downloaded the borough’s property database. We contacted Trulia and were pleased to learn that they will remove any property from their public search with a request by the property owner. If you would like to request you property to be removed visit http://www.trulia.com/help/ask/ or call 888-466-3501.
Some people believe they shouldn’t refinance more often than once every two years. The determining factors are if you’ll lower your payments and plan to stay in your Kenai home long enough to recapture the cost of refinancing. If so, you should consider refinancing.
Interest rates have actually come down significantly in the past 12 months and even more in the past 24 months. According to the Freddie Mac Primary Mortgage Market Survey®, rates on a 30 year fixed rate mortgage are down to 3.6% in August, 2012 compared to 4.27% one year earlier.
Refinancing in the example below would save the homeowner $67.04 per month and they would recapture the cost of refinancing in 3 years and 9 months based on approximately $3,000 of closing costs.
Click Here to make your own projection on a Refinance Analysis calculator.
Cold Weather, Warm Home