Svetlana Sheinina


Posted by Svetlana Sheinina on 6/18/2019

Many house hunters are so focused on finding the ideal house, yard, and neighborhood, that they sometimes sacrifice one of their main objectives: a short commute to work.

At first, a long drive to the office may seem like a small price to pay for finding your ideal house, but your outlook might change when the tedium of commuter gridlock becomes a daily burden.

Fortunately, there are ways to ease the stress of being stuck in rush-hour traffic twice a day.

Car pooling: By sharing driving responsibilities with one or two other people, you can reduce the overall stress of your trip to the office. You can also save money on gas, highway tolls, and parking fees. Assuming you find carpooling companions whose company you enjoy, time will pass a lot faster. Then, of course, there's the advantage of less wear and tear on your car. Although carpooling may not be as idyllic as living 15 or 20 minutes from work, it can be an effective way to ease the burden of back-and-forth driving.

Telecommuting: As technology advances and more and more people are adapting to it, the option of working from home is becoming increasingly popular. When you consider the many options there are for document sharing and communicating remotely, you may have a strong case for proposing a work-from-home arrangement with your employer. Even though it may be necessary to meet face-to-face with coworkers, colleagues, and clients a few days a week, the ability to split your work time between home and office can save you time, money, and aggravation. As long as you can maintain your productivity working from home, it may turn out to be a life-changing arrangement! Granted, it doesn't work for everyone, but it may be well worth looking into -- at least on a part-time basis.

Public Transportation: If you happen to live close to a train station, then public transportation might be the perfect solution to an otherwise long, tedious drive into the city. Instead of concentrating on road signs and traffic conditions, you can read a book, listen to your favorite music, or prepare for a meeting or presentation. You can also check your email, get a head start on your work day, or even sneak in a few minutes of sleep or meditation.

While the best option for many people is to buy a home that's within 30 minutes of their job or business, that may be difficult to accomplish for couples working in different locations. Long commutes can infringe on important aspects of your life, though, including family time, relaxation time, and being able to get things done around the house. Not having enough time to "recharge your battery," every day, can eventually take its toll on your health, your relationships, and your outlook on life. If finding a house close to work is not panning out, then alternatives like telecommuting, carpooling, and public transportation may be, at least, a partial solution.





Posted by Svetlana Sheinina on 6/11/2019

When looking for a contractor online to work on a project for you, you might end up getting discouraged and afraid to hire one. There are too many stories about homeowners having terrible experiences of theft, delayed jobs, or poorly done work that required another repair.

These experiences happen everywhere but it doesn’t make all contractors bad, there are still great and trustworthy contractors out there. But how can you determine if someone is a good contractor or a swindler out for your money? Below is a list of what you should do to ensure you do not only have the best guy for the job but also that you have someone who seems trustworthy. 

Do Your Research

There are various options available to get a contractor; you can use an internet search or contact local building association in your area to ask for recommendations. You can also contact your insurance company for help and take advantage of the goodwill the contracting company enjoys.

Ask For Referrals

Asking friends and family members for references for a contractor whose services they used reduces your chance of getting duped. Looking at jobs that a contractor completed in the past for relatives or friends gives you an idea on what to expect in terms of work from the contractor. 

Interview A Couple

If you have gotten a few choices, to determine the best man for the job, interview a few. During the interview process ask relevant questions, negotiate prices with each and be sure to read body language. 

Ask Questions

During the interview or after but before signing the contract, make sure you satisfy all issues that need answers. It makes it easier to accomplish when you have a list of questions drafted before the interview session. Ask questions like:

- What is their association membership?

- How long have they been in business?

- Ask for referrals of recent jobs

- How long would they need to execute your project?

- What would the payment style be?

All these questions and more should be on your list. Do not feel like you are asking too much because it’s your money, and you need to be sure about getting value for the money spent.

Ask To See An Itemized Bid

Asking to see an itemized proposal from all the contractors you interviewed allows you compare prices, items required and to determine your best guy for the job. The bid also gives you a clear idea of how much would be needed to execute the project. The itemized proposal should include information on:

- Labor cost.

- Material cost.

- Work permit fee.

- And other miscellaneous expenses.

On seeing the bid, if the amount is more than what you budgeted for, you can easily adjust the scope of the plan to fit your budget.

Working with the steps detailed in this article would serve as a guide for you when next you need the service of a contractor.





Posted by Svetlana Sheinina on 6/4/2019

While buying a home is a huge decision that should entail a lot of planning and preparation, applying for a mortgage can be surprisingly easy. Just like with other lenders and creditors, a mortgage lender will want to know that letting you borrow money will be a safe investment. Applying for a mortgage is all about ensuring just that.

In today’s post, we’re going to breakdown the home loan application process to help you have the best chances at a smooth and successful mortgage approval. We’ll also define some of the common terms used in mortgages that might leave you scratching your head so you have a better idea of what your options are.

Prequalification and Preapproval

Getting prequalified and preapproved for a mortgaged can both be helpful steps toward securing your home loan. The two terms mean two entirely different things, however.

In order to be prequalified for a mortgage, you typically need to only fill out a simple form (sometimes directly through a lender’s website). On this form, you won’t need to provide specifics or official documents.

Why is this process so simple? Well, that’s because getting prequalified for a loan doesn’t ensure that you’ll actually receive one. Rather, it is simply the first step toward finding out what type of mortgage and interest rates you could receive.

The next step after prequalification is preapproval. To get preapproved, you’ll have to fill out an official mortgage application. Your lender of choice will request a few pieces of information from you, including tax returns, proof of employment for the last two years, and a list of your debts. The lender will also perform a credit check to determine your loan eligibility.

Credit report

At this phase, lenders will also run your credit report. This is a type of “hard credit inquiry” that details your payment history, the number of accounts you have open, and other factors that help make up your credit score.

To secure the lowest interest rate possible, it helps to have a high credit score. So, in the years and months leading up to your mortgage application, focusing on building credit will pay off.

To increase your credit score, you’ll need to focus on paying your bills on time each month. You should also avoid opening new accounts within a few months of applying for a mortgage because this will count as a new credit inquiry. New credit inquiries--including applying for a mortgage--lower your score temporarily, so it’s best to avoid them when possible.

Additional paperwork required for mortgage applications

Not every mortgage application will be the same. Depending on the type of income you receive, you may need to provide different forms of income verification.

Each person will also have to claim different debts and assets. When buying a home with a spouse or partner, it’s important to consider your debts, assets, and credit scores to determine if it’s better to apply jointly or separately.





Posted by Svetlana Sheinina on 5/28/2019

Selling a home is a big decision with far-flung ramifications. If you're on the fence about selling your house, there is no need to wait. In fact, there are many reasons why now may be the right time to list your residence, and these include:

1. You can upgrade or downgrade.

Although your current home has served you well for many years, now may be a good time for a change. Fortunately, you can sell your residence and move into a bigger or smaller home that will suit you perfectly.

It often won't take long to transition from one home to another. In many instances, individuals simultaneously sell their current house and search for a new home. This generally enables an individual to seamlessly relocate from his or her current house to a bigger or smaller residence.

2. You can move closer to family members and friends.

If you find your current home is far away from family members and friends, don't stress. For those who sell a home, it may be only a matter of time before you can enjoy convenient access to loved ones.

By selling your current home, you can explore houses in cities and towns where your loved ones reside. Then, if you purchase a house close to family members and friends, you can visit these loved ones without having to worry about a long commute.

3. You can receive plenty of support throughout the home selling journey.

Listing a home may seem virtually impossible, particularly for someone who previously has never embarked on the property selling journey. Lucky for you, help is available to ensure you can quickly and effortlessly sell your home and maximize its value.

Working with a real estate agent typically is a good idea for first-time and experienced home sellers alike. With a real estate agent at your side, you can get the assistance you need to achieve your property selling goals.

A real estate agent understands the assorted pitfalls that a home seller may encounter. As such, he or she works with a home seller to help this individual address potential problems before they escalate. A real estate agent will collaborate with a property seller to craft a house selling strategy. Next, a real estate agent will put this plan into action and do everything possible to promote a house to prospective buyers. And if a seller receives an offer to purchase, a real estate agent will help this individual review his or her options and determine how to proceed.

In addition, a real estate agent provides a housing market resource unlike any other. He or she is available to respond to a seller's concerns and questions. Plus, a real estate agent is happy to provide home selling recommendations.

Take the guesswork out of selling your home – hire a real estate agent, and you can receive extensive support as you navigate the property selling journey.




Categories: Uncategorized  


Posted by Svetlana Sheinina on 5/21/2019

If you've set a goal of buying your first home within the next year, there are several things you can begin doing now to set the stage for a positive experience.

While it pays to familiarize yourself with everything from your credit score to mortgage options, choosing a good real estate agent will prove to be an invaluable advantage when navigating through the process of buying a home. An experienced, knowledgeable agent will help keep you on track, prepare necessary documents for you, and answer the myriad of questions that will occur to you.

Should you choose the first real estate agent you talk to? People occasionally find a perfect fit right off the bat, but it's often a good idea to interview a couple agents before you make your final decision. Having one or two points of comparison can provide you with a wider perspective of available choices.

Not only would you want to work with a professional who has a successful track record in helping first-time home buyers, but you also want to make sure your personality is compatible with your agent's communication style and energy level. Unless you stumble on the home of your dreams on the first day, you're probably going to be spending a lot of time with them. Most real estate agents do tend to be knowledgeable, resourceful, and service oriented, but your journey will be a lot smoother and more satisfying if you sign on with an agent who's a good match for your individual needs and personality.

One of the most effective ways to prepare yourself for a real estate search is to create lists of things you need to do, have, and schedule. It's also helpful to prioritize what you want in your ideal house. By identifying and reminding yourself of the features that are most important to you, you'll have a greater tendency to recognize what you want when you see it. You'll also find yourself communicating your needs and wants more clearly to your real estate agent. As is the case with any professional or personal relationship, good quality communication usually yields the best possible results.

As a home buyer, there are many property features and priorities you'll want to ponder and discuss with your significant other. In addition to your future home's square footage, bedroom space, and number of bathrooms, you may also be interested in the reputation of school districts, the character of neighborhoods you're considering, and the amount of privacy each property affords.

Another list worth compiling before you get too far into the house hunting process is a personal budget. By seeing how your income stacks up against your monthly expenses, you'll be in a stronger position to determine a realistic price range for your next home.







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