Wednesday, September 14, 2022 / by Ana Baldner
When it comes to dipping your toe in the Real Estate World, the first thing you'll notice is the abundance of industry specific terms that seem to come up frequently and may seem like foreign concepts. Terms you probably haven't ever heard of before! Skipping over the meanings of these words can keep you from understanding crucial information about your favorite listings.
Here we made you a quick “cheat sheet” with a bunch of common Real Estate Terms. Keep these in mind, and it'll help you out when browsing for properties or closing on your own home.
As-Is: The home may need repairs or renovations that the seller will not complete before or as part of the sale. As-is also refers to the condition of the property at the time the offer was written and should something happen to the property from the time the offer was written to closing which alters this condition, then the seller must bring back the property to its “as-is” condition OR the 2 ...
Thursday, September 1, 2022 / by Ana Baldner
Is buying cheaper than renting? This depends mostly on the local market and its conditions. The Real Estate market has been heating up the past couple years and many Americans are making the transition from tenant to homeowner.
With rents skyrocketing all over the country, some may make the assumption that even in a heated market, buying may be the better option. But the truth is, there are different associated costs that create key Pro's and Con's to either choice.
Costs of buying
The biggest upfront cost of buying is your down payment. Typically between 3-20% of the home's purchase price. If you do put less down, your interest rate will typically increase, making your monthly payments increase as well. There are many monthly costs you will face, your mortgage payment being the biggest, including principal and interest for your loan. This number could also go up or down if you have a variable interest rate. HOA dues should also be factored in, generally covering lan2 ...
Thursday, August 4, 2022 / by Ana Baldner
If you're thinking about selling your home, there are some things you should consider when getting ready to list. Many people are under the false assumption that you need to make major upgrades around the home in order to increase it's value. However, there are a couple of improvements you can make that will return the money you put in and attract more buyers.
Why shouldn't you fix everything?
The main reason you shouldn't go around updating everything in your home is because not everything will return value. Money spent on repairs, replacements, and upgrades may be wasted if the prospective buyers don't find the improvements necessary or don't notice them. It's better to stick to cost-efficient fixes that will actually make an impression on potential buyers.
What should you fix?
When buyers look at your home during a showing, they tend to fixate on flooring, walls, kitchens and baths. So make sure to address basic wear and tear issues that appear in these areas.
A f; ...
Thursday, June 30, 2022 / by Ana Baldner
The Space Coast is the perfect place to celebrate the 4th of July. Here we have boating on the rivers, great food and of course the beach! Everything you need to have a great independence weekend. If fireworks aren't your vibe or you're looking for something to do during the day, the Space Coast has so many events going on this upcoming weekend.
Here's a list of activities that will make your 4th of July memorable:
The city of Rockledge is holding their 35th annual Independence day Picnic on July 4th at McLarty Park. This picnic will take place from 10AM to 2PM and has games, music and food for the whole family. Purchase a hamburger or hot dog, chips and a drink for just $1.00!
Food Truck Event
If you’re looking to try great food but can’t decide where to start, consider this a sign. The Brevard County Parks and Recreation Department is hosting a Food Truck event at Wickham Park! This event will take place Friday July 1st from 5 - 9PM and2 ...
Thursday, June 16, 2022 / by Ana Baldner
Having a small space can be frustrating, especially when it’s your living room or bedroom. We all love a big airy room to relax in. But you don't have to start a full home renovation just to open up a room. There are more affordable and less invasive ways to make a room look bigger. From the furniture you buy to the colors you use, you can easily achieve a spacious room without having to break down a wall.
Whether you’re trying to sell your home or simply want to refresh an old space, here are some tips to trick guests into thinking a room is bigger than it actually is:
First off, move your furniture away from walkways. When obstacles sit in the natural path of a room, it cuts off the flow of the space. Spaces appear smaller when guests have to maneuver around the furniture. Moving furniture away from these paths will instantly help.
Changing your furniture can have the biggest effect on the perceived size of your space. Your furniture must ...