Benefits of Being a Homeowner

There are many milestones in life – completing college, getting married, celebrating a big birthday, and becoming a parent are just some of the “big” things that happen in life. One of the other monumental things that happens for many individuals and families is buying a home. Becoming a homeowner is exciting and it comes with several benefits. If you are considering what it will take to buy a home, consider some of these benefits to factor into your decision.

#1: Buying a home gives you a chance to put your unique stamp on something.
Your home is uniquely yours. You can customize it according to your one-of-a-kind personality and style. Decorating it, designing it, and keeping it well-maintained will help keep you happy.

#2: Buying a home means you are a part of a neighborhood.
When you buy a home, you become a part of the neighborhood as a whole. Establishing a strong connection with neighbors, neighborhood associations, and the overall city means that you get to build a sense of belonging as an individual and even for the friends and family that visit your home.

#3: Buying a home is an investment for the future.
Homes on average appreciate annually, which is an automatic investment for your future. Each month builds equity and you can use that equity if needed to remodel your home, pay off other debt, send kids to college, or put down on another home that you can use as a vacation spot or as a rental.

#4: Buying a home gives you stability.
A fixed mortgage payment gives you the stability you need to live your life without surprises. You won’t need to worry about increasing rent prices and you will have the opportunity to save for future house projects that will add value and curb appeal to your home.

Buying a home is a worthwhile decision that offers both personal and financial benefits. If owning a home is part of your dream, we can help you with the process and all the details that go along with it!  Whether it’s your first time buying a home, or you have bought and sold one before, we are experienced in helping buyers of all kinds find a home as quickly and stress-free as possible. Contact us today to get started! We look forward to talking to you.

Posted on March 26, 2019 at 8:48 pm
Nancy Johns | Category: Home Buying Tips | Tagged , , , , , , , , , , , , , , , , , , , ,

How to Take the Uncertainty Out of Home Ownership

Buying a home is one of the largest purchases you can make during your lifetime and for many people, it can cause a little bit of apprehension at first. For first time home buyers, there are many unknowns and many questions to be asked: what can I afford? What neighborhood should I live in? What will my property taxes look like? Is buying a home a worthwhile investment? These are just some of the thoughts that can happen throughout the home buying process. We’re here to help answer these questions and make sure you feel ready and excited to start your journey to buying the home you’ve always wanted. Here are some ways to take the uncertainty out of home ownership.

#1: Know what you can afford.
Before you start shopping for a home, talk to an experienced lender to find out what you can afford. They will sit down and talk to you about your income, debt or other financial obligations, and any other factors that will provide the information they need to give you a pre-approval letter with the amount that you can spend. Remember, even though you are given a set price, you don’t have to spend to the limit. If you use your full pre-approved amount, your monthly payment will be higher, and you will need to determine if that is something that you are willing to take on.

#2: Ask questions.
There is no doubt about it – the home buying process can be overwhelming at times. There are a lot of different steps involved and stacks of papers that need to be explained and signed. If there is anything along the way that confuses you, don’t ignore it. Ask questions so you can be sure you fully understand what is going on. This will help take some of the uncertainty out of the future for you. Our team has years of experience with real estate transactions and know the inner-workings of the process of buying a home. If there is anything you are unsure of, we are glad to explain it to you.

#3: Be flexible.
When you start shopping for a home, it can easily become an emotional process. You may feel a sense of urgency to purchase a home before interest rates climb, which can cause you to feel stress, and when combined with finding a house that you really love, it can be difficult to be flexible. While emotions are good to an extent, it’s important to factor a sense of flexibility into the process, too. Understand that you may not get the first home that you fall in love with, and you may need to be flexible in marching onward to find a different house. Talk to us about your feelings along the way and we can help keep reality at the forefront of your home search.

Buying a home is an exciting time. Not only does it mean you get to make an investment that will likely reap great rewards for your future, but it will also allow you to find a place that you can put down roots and enjoy for many years to come. If you are ready to set out on the path toward home ownership, contact us today to get started!

Posted on February 4, 2019 at 6:11 pm
Nancy Johns | Category: Home Buying Tips | Tagged , , , , , , , , , , , , , , , , , , ,

Why You Shouldn’t Sell Your House as “For Sale By Owner”

If you’re planning on putting your home on the market soon, chances are, you are crunching numbers to determine what the different costs will be. Some people may consider trying to sell their home on their own in order to save money, but this could end up being a negative in the end. Here are some main reasons why you shouldn’t sell your house by yourself.

#1: Exposure.
Putting a sign in your yard or an ad in the paper will simply not bring the results that it did in years past. Experienced real estate agents have an Internet strategy to promote the sale of your home and that means you’ll get more exposure. Looking for homes online is the primary way people search for homes today and if you don’t have the ability to promote it via a well-known website, it’s likely that the home simply won’t get the exposure it needs to bring in the right buyer.

#2: Negotiations.
Negotiating the right deal is a process that real estate experts have fine-tuned. You will need to plan to negotiate with the buyer and buyer’s agent, home inspectors, and appraisers, just to name a few. If you are unfamiliar in how each of these people work on the various parts of a home sale, it could be confusing for you and you may end up missing something important along the way.

#3: Paperwork.
The paperwork involved when buying and selling a home is very complex. There is a lot of legal verbiage as well as intricate clauses and details that many homeowners simply do not have the training to fully understand. Experienced Realtors® can explain what the language means and how it will impact you as the seller.

People may think that they can save money in the long run by selling a home on their own. But in fact, many buyers rely on a “buyer’s agent” and you often will end up paying them for their services.  This means you are unrepresented by someone with expertise, while the buyer has that advantage.  However, an experienced real estate agent could end up helping you get more money for your property when everything is said and done.

Before you decide to sell your home on your own, talk to us about what we can offer you. We bring years of industry expertise in real estate negotiations in addition to helping answer the abundance of questions that come up during the process of selling a home. We are glad help you start the process of putting your home on the market so you can sell it as quickly as possible and move on to your next place in a new home. We are glad to help you with the information you need to start your adventure, so contact us today!

Posted on January 17, 2019 at 10:00 pm
Nancy Johns | Category: Selling Your Home | Tagged , , , , , , , , , , , , , ,

Yard Staging Projects That Can Help Sell Your House

When it comes to selling your house, first impressions really matter.  If you are spending time to ensure the inside of your home is in pristine condition, you should also put some time and effort into making your yard look great too. After some hard work in the yard, your efforts can pay off. But what to-dos will reap the most reward? Here are some yard staging projects that can help sell your house.

#1: Lawn clean-up.
Imagine driving up to a home that you’re thinking about buying and seeing that the lawn is overgrown and full of weeds. Not the greatest first impression, is it? If you have grass in your yard, potential buyers will notice how it’s taken care of. Be sure to keep it cut short and invest in having a landscape team professionally edge it.

#2: Goodbye, clutter.
The outside of your home should look as clean and tidy as possible. Stash kids toys and bikes in the garage or in a shed, get rid of any personal belongings that are out front, and move your garbage cans and other recycling products to the side of the home or to the back where it’s not as visible. Don’t forget that the porch or front doorway entry is where the realtor and potential buyers will be standing when they are getting the key from the lockbox, so the area should be clean and welcoming.

#3: Hello, color.
Head over to your local garden center and stock up on flowers to brighten up your yard, as well as your walkways. Use large pots and other hanging baskets for added color around your front doorway, porch, or patio. New bark dust can also freshen the space and help reduce weed growth. A little bit of color goes a long way and if you invest in perennial flowers, the new owners will be able to enjoy the beauty in future years.

Remember that your yard is part of the overall ambiance of your home. When prospective buyers see your home, think about what memorable impression you want them to have. The better the home shows, the better chance you have to sell your home with ease.

Ready to talk through listing your home this fall? I have more than two decades of experience as a Realtor® and can help you start the process and can provide tips on the whole process, including what you should do to get your interior and exterior ready. I love working with people around Clark County and am glad to help you with the information you need to start your adventure.

 

Posted on August 7, 2018 at 11:06 pm
Nancy Johns | Category: Selling Your Home | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Mortgage Insurance: What Am I Insured Against?

If you’re buying a new house, you’re likely looking at the various terms on your paperwork and have noticed “mortgage insurance” on there. It’s not something that everyone is familiar with, so here is some basic info that can help answer your questions.

What is mortgage insurance?
Mortgage insurance is not a benefit to the home buyer and does not protect them against anything. Actually, it will only protect the mortgage company/bank in the event that the borrower defaults on the loan and doesn’t pay their mortgage. It is required when a borrower puts less than 20% down on the purchase or has less than 20% in equity during the refinance process on a home.

Aaron Hicks, Mortgage Consultant with Homestreet Bank shares that when a borrower is looking to get a mortgage, it can affect the loan approval process. Hicks shares, “It can increase the borrower’s monthly payment, which overall effects a borrower’s debt-to-income qualifications. Mortgage insurance companies require stricter guidelines depending on a borrower’s debt-to-income, credit score, loan to value, and type of property. Sometimes mortgage insurance companies require additional supporting documentation above what the bank may require and/or additional underwriting review.”

What kind of mortgage insurance is there?
Hicks says that there are multiple types of mortgage insurance for conventional loans. There is monthly mortgage insurance, single premium mortgage insurance, or split premium mortgage insurance. There is also lender paid mortgage insurance. For some loans, especially FHA loans, the premium will last for the life of the loan, even when your equity position gets you above the 20% mark. If the homeowner has a conventional financing method, the insurance can be removed once 20% equity in the home is reached. I can do a quick market analysis to determine if borrowers are at the 20% equity mark.  The lender will require a formal appraisal to remove mortgage insurance, which costs $400-$600. So, it is a good idea to verify you’ve reached that point before ‘getting official’ with your request.

Purchasing a home is very involved and requires various steps and attention to detail. Oftentimes, questions and issues will arise, and this is one of the many reasons why it’s critical to work with an experienced Realtor. Whether it’s a question about mortgage insurance or something else entirely, I’m happy to answer your questions and will work with you to help get the answers you need. Contact me for info!

Posted on March 19, 2018 at 10:38 pm
Nancy Johns | Category: Home Buying Tips, Selling Your Home | Tagged , , , , , , , , , , , ,

Winter Retreat Ideas

Wintertime in the Pacific Northwest is often cold and wet, but this year, we’ve had a comparatively mild winter and many folks are considering heading outside to explore the area they live in. Winter retreats or getaways are a great way to get away from the hustle and bustle of regular life and get caught up on some necessary rest and relaxation. Here are some of my go-to places in the Pacific Northwest that help me recharge!

Hood River:
This area has beautiful views of the water and lots of fun things to do. It’s full of amazing hiking and walking trails that offer breathtaking views of the Columbia River Gorge. There are also several wineries and vineyards that are fun to explore, as well as some great dining spots. There are a variety of vacation rental homes available or stay at one of the several in-town hotels, such as the historic Hood River Hotel.  No matter what you do here, you’ll be surrounded by quintessential Pacific Northwest stunning scenery.

Skamania Lodge:
This is another great place to unwind. It’s only a short drive from Clark County and the lodge is surrounded by forest greenery and overlooks the Columbia River Gorge. The lodge is known for their outstanding weekend brunch – it’s one that you won’t want to miss! Many of the rooms have fireplaces, so if a book and a cozy blanket by the fire sounds nice for your retreat, you’re in luck. Or, venture out to one of the nearby walking trails or take a short drive to Multnomah Falls to walk around.

Oregon/Washington Coast:
If escaping to the ocean is one of the ways you can best relax, you’re in luck with many different beach options. Rockaway Beach, Long Beach, Ocean Shores, Seaside, or Cannon Beach are all great options when it comes to a winter retreat. Wintertime at the beach can sometimes be rainy and stormy, but the smell of the ocean air is invigorating, no matter what. Stay inside and read or watch some of your favorite movies if the weather is stormy, and when the weather settles down for a bit, head out for a beach walk and some famous coast clam chowder.

Clark County:
Of course, if you need a retreat but your budget doesn’t allow for any overnight getaways, there are great ways to relax in the comfort of your own home. Unplug your laptop and your phone for a day or two and recharge without any electronics. Focus on doing some things that you love doing locally, even if it’s just sitting at home with your favorite warm beverage and catching up on reading your newspaper or watching some of your favorite shows.

No matter how you decide to take a break from the stresses of every day life, setting time aside for yourself to recharge is important and a winter retreat will do great things for your soul, body, and mind!

Posted on February 5, 2018 at 9:57 pm
Nancy Johns | Category: Home Buying Tips, Selling Your Home, Vancouver History | Tagged , , , , , , , , , , , , , , , , , , ,

How to Avoid Contractor Scams

Looking for a contractor or local company to help with some of those home improvement projects around the house that you’ve let go during the winter? Spring is a busy time for contractors and unfortunately, it’s a time where scammers go through neighborhoods and start offering seasonal services to homeowners. Whether it’s a window repair, window washing, leaf raking, or HVAC installations, there are people out there that will make promises on doing a great job, take your money, then never deliver the service they agreed to do. In addition to asking me for recommendations on reputable contractors, here are some other ways to avoid contractor scams.

Tip #1: Know what some of the popular scams are.
Most of the time, the person pretending to be a reputable contractor will come to your door and claim that he or his team is already in the neighborhood doing work on other people’s homes. The company or individual will claim to provide you a large discount because they’re already in the area doing a job. Then, the person will ask for partial payment upfront in order to secure your place, then will promise to return the next day after he finishes his other job in the area. It’s likely that the person will take your money and run – you’ll probably never see him or that money again.

Another common scam happens when contractors enter your home to work on it and they start adding in extras to the job that were not part of the original price and scope of work. If the contractor does not want to write up something that includes all of the details regarding what work will be done and how much it will cost, this should be a red flag.

Tip #2: Know how to protect yourself from scams.
There are several great ways to stay alert to possible scams. First, work with reputable local businesses. To find out if someone is part of a reputable business, ask for proof of their business license, ask for a business card or examples of estimate sheets, and look to see if their vehicle has professional signage on it. Next, do your research online to see what kind of reviews are there. Look at sites like Yelp, Google, Better Business Bureau, or Angie’s List to start. If you notice a lot of negative reviews, you should probably consider looking for a new contractor.

One of the unique services I offer is the ability for you to call me and ask for recommendations on contractors or companies that are reputable. If I don’t have a specific recommendation for what you’re looking for, I can check with over 120 Windermere agents in Vancouver who do.

Posted on March 10, 2017 at 12:23 am
Nancy Johns | Category: Home Buying Tips, Home Remodeling Tips, Selling Your Home | Tagged , , , , , , , , , , , , , ,

How New Thermostats Can Benefit Your Home

Winter isn’t over yet and chances are, your heater has been working hard already these last couple of months. But did you know that your heater can only do so much in keeping you comfortable? Your thermostat plays a direct role in how your heating and cooling system operates. If you have an old thermostat, consider upgrading it. Here’s why:

Reason #1: The temperature in your home will be accurate.
Older thermostats are likely not efficient and usually, they have great variation between temperatures. This could mean that the rooms in your home could be unevenly heated on those cold days of winter. In addition, inefficient thermostats can also cause utility bills to increase, which means you’re paying more than you need to every month. By upgrading to a digital thermostat, you’ll be able to use digital display or push buttons that can help you set the temperature to exactly what you want. This ability to have an accurate set temperature translates to having a warmer, more comfortable home throughout.

Reason #2: Convenience.
Programmable thermostats will change how you interact with your home’s heating system. You won’t need to worry about manually adjusting your thermostat every time you want to make an adjustment. Instead, set the temperatures one time and let the thermostat do the rest of the work. For instance, if you program the thermostat to turn off or turn down the heat when you go to work, then have it set to come back on right before you get home, you’ll save yourself time.

Reason #3: Utilize smart technology.
Technology is always changing and it’s integrated into almost all parts of our daily lives. Your thermostats, heating system, and other appliances in your home aren’t any exception. If you choose to upgrade your thermostat to one that uses “smart technology”, you could connect it to your Internet and keep track of your energy usage. You could also set it up so you can program your thermostat while you’re away from the home and you can even access energy reports, which could help offer tips on how to minimize any negative impact you’re having on the environment.

There are a variety of smart thermostats on the market today for your home. You can contact your local heating and cooling supplier or make a trip to your nearest home improvement store to see what is out there. Research which one might work best for your specific space and soon you’ll be comfortable while saving money!

Posted on February 7, 2017 at 5:24 pm
Nancy Johns | Category: Home Remodeling Tips, Selling Your Home | Tagged , , , , , , , , , , , ,

Continued: 4 Housing Trends for 2015

File:WE PRR Master Suite4 (8310448375).jpg
My most recent blog series covers some of the top trends predicted for 2015. This week, I’ll be covering 4 more things that home buyers can expect to see in homes on the market.

  1. Charging stations.
    Our society is one that is completely technology-minded and technology-dependent. Home buyers today can expect that there will be plenty of areas for people to set their electronic devices down and charge them when needed, so much so that there will be dedicated space for charging stations. The most popular locations will be home office spaces, as well as kitchen corners, garage areas, and mud rooms.
     
  2. Multiple masters.
    What’s better than one master suite? How about two. This is predicted to be a popular trend in 2015, which makes homes work better for families with multiple generations living under one roof. Master suites that have adjoining bathrooms are great for families that have aging parents living with them or those that often have out-of-town guests.
     
  3. Storage space.
    Every home owner wants ample storage space. The trend for 2015 is leaning toward large spaces such as a butler’s pantry with an area for prep or even completely separate rooms for wrapping gifts or crafting.
     
  4. No keys? No problem.
    Do you lose your keys on a regular basis? Then a keyless entry might be a perfect answer for you. Many builders today are switching to keyless entry systems, which can allow people to open their homes with fingerprint door locking systems. This creates not only convenience simply because no keys are required, but it also provides an added safety feature because only those with saved fingerprints in the database can enter the home.

Home trends are interesting to watch, but be mindful of what your budget is and what things are “musts” rather than just “wants” in a home.

Posted on April 13, 2015 at 4:28 pm
Nancy Johns | Category: Home Buying Tips, Home Remodeling Tips, Selling Your Home | Tagged , , , , , , , , , , , , , ,

How spring cleaning and de-cluttering can help you sell your home

Have you enjoyed the amazing days of warm, spring-like weather that we’ve had? It has been uncharacteristic of this time of year in the Pacific Northwest, so it has been a real treat! With spring on its way and our clocks officially set forward, do you feel the urge to purge and clean out your home and garage. If you’re considering selling, spring cleaning and decluttering your home will help you greatly when it comes to listing your home.  

Pay attention to the details.
Details make all the difference when it comes to making your home look and feel clean to both you and potential homebuyers at a showing. One of the most important things that prospective homebuyers notice when they first walk into a home is smell. So, if you’re cleaning your home, try to avoid harsh chemical odors or strong perfume style fragrances that can overwhelm. Instead, use products that help neutralize odors in the home and be sure that your carpets, upholstery and air ducts are recently cleaned. In addition, if you do choose to use home fragrances, choose mild scents that are comforting and familiar.

Maintain the outside.
After a long winter of rain and colder weather, it’s easy to let the outside maintenance of your front or back yard go to the wayside a little bit. When buyers first see the outside of your home, they will instantly form a first impression.  Be sure that the lawn is mowed, edged, and leaves and other outside debris or clutter is picked up before each home showing.

Clutter, be gone!
If you’ve been in your home for any number of years, you know how clutter can build up around your home. Tackle each room one by one, no matter how long it takes and get rid of everything that isn’t a necessity. If there are things you want to keep but don’t need access too, find some decorative boxes or some other storage solution to keep them handy but tucked away from sight.

Whether you have already listed your home or you’re considering that spring is the right time to get the paperwork started to put your home on the market, your home will look better, feel more spacious, and be ready to go if you follow some of these helpful hints.

Posted on March 17, 2015 at 4:28 pm
Nancy Johns | Category: Selling Your Home | Tagged , , , , , , , , , , , , , , , , , ,