RE/MAX Advantage I



Posted by Mark Consolmagno Michelle Curran Team on 11/25/2020

A three season room can be a really great investment for your home. This addition really allows for the enjoyment of the great outdoors without exposing you to the elements. Itís an investment that gives a maximum return.  


When you decide to install a three season room, there are a few things that you should consider. First, youíll need to estimate the costs of building the room. How much youíll spend varies based on the finishes that you choose, the materials used, and the area of the country that you live in.


Estimates


When you undertake any kind of home improvement project you should obtain estimates first. This way, youíll have an idea of just how much the project will cost. Contractors will also give you an idea of how they will go about completing the project in order to meet your needs. Itís a good idea to know how much demolition is needed and how long the project will take. This will vary by contractor.


Think Of Using Existing Structures


Using existing structures on your home can really help to cut down the cost of building a three season room. Your current porch or deck area may even have the ability to be enclosed. If the structures are sound, itís a great option. Remember that a three season room needs glass, a sturdy floor, screens and windows to be complete! 


Match The Roof


Youíll want to match the roof of your three season/sunroom with the existing roof of your home. Choose from a variety of styles from simple to the elaborate. Just be sure that the new roofing doesnít stick out too much. You can even add a skylight in the new addition to let more light in. 


The Estimate


You want to be sure that you get an accurate estimate for building your three season room. The contractor should include all of the following areas in the estimate:


  • The foundation
  • The frame
  • Electrical
  • Molding
  • Drywall
  • Skylights
  • Windows
  • Doors
  • Screens
  • Fans
  • HVAC hookups


It should be noted that along with building materials, the cost of labor should be included along with the estimate. Carpenters charge a set rate per hour as do electricians and plumbers. Youíll most likely need a few different contractors in order to complete your three season room, so take that into account. 


No matter what part of the country that you live in, you will always be happier if you maximize your enjoyment of the outdoors. Completing a 3 season room can help you and your family to enjoy nature all year round.




Tags: outdoor living   porch  
Categories: Uncategorized  


Posted by Mark Consolmagno Michelle Curran Team on 11/18/2020

Photo by TeroVesalainen via Pixabay

Flipping a house successfully means keeping your ducks in a row during the rehab process--and that typically means communicating with several vendors to coordinate work, making sure everyone is on the same page, and dealing with delays when they (inevitably) occur. It's worth your while to build a project management strategy and skill set into your workflow, particularly if you aren't accustomed to managing multiple teams on a project. 

1. Always Know What's Happening 

When you get started on a project, you'll need a list of vendors (electricians, plumbers, landscapers, etc.) and a scope of work for each of them. In some cases, a general contractor will manage all of these for you; in others, you'll end up coordinating the different facets of the job yourself. Regardless of who's doing what, you need to know what your people are working on. Don't micromanage the people you've hired, do check in with your contractor often.

The best suggestion is requiring a report of who's on the job (general contractor, subs, other vendors) and what's getting accomplished each week. This keeps your contractor more accountable and keeps you informed of issues as they pop up. 

2. Use a Project Management System 

House flippers use a huge variety of different online tools and apps to keep them on track, and the one that works best for you will be the one you find easiest to use. Many have had great success with Podio, Basecamp, and Asana as well. Learning one of these systems (or establishing your own) and using it to keep you and your team on track will make a huge difference in keeping your project running smoothly. 

3. Set Expectations Before You Begin 

It sounds simple, but this is a big one. Before your contractors get started, talk them through your goals--in terms of timelines, budgets, and unforeseen issues that arise during the flipping process. Here are a few issues to address with your contractor before work even begins: 

  • What grade of materials and finishes do you expect to be used? 
  • What happens when it becomes clear something is going to cost more than expected? 
  • What subcontractors will your general contractor be hiring out? For what projects? 
  • Do you expect a weekly report of what's going to be accomplished that week? Will you be on-site each day for a walk-through? How will you stay on top of the project and answer any questions that come up? 

Many excellent books have been written on managing a house flip, so don't take this to be an exhaustive list by any means. But it's a solid skeleton of a jumping-off point as you plan out the most efficient ways to manage your projects. 





Posted by Mark Consolmagno Michelle Curran Team on 11/11/2020

When it comes to home buying a home, thereís a ton of different information available out there. A lot of what has been presented as ďfactĒ actually is quite false. These misconceptions could keep you away from achieving the very real dream of home ownership. Below, youíll find some of the most common myths that youíll find about home buying.


If Your Credit Score Isnít Up To Par, You Canít Buy


To get good mortgage rates, having a good credit score doesnít hurt. You can still buy a home if you donít have amazing credit. A low credit score means that your mortgage rates will be higher than the average. There are loans like FHA loans, that allow for you to get a loan with a credit score as low as 580. Donít let a lower credit score discourage you from buying a home. If your credit score is low, there are plenty of things that you can do to help you fix the score in a short period of time.  


You Need 20 Percent Down To Buy A Home


This is a long-standing myth about home buying. While putting down 20 percent on a home purchase saves you the extra expense of Private Mortgage Insurance (PMI), you can still be in the running to buy a home if your down payment is less than 20 percent. There are even some home loan programs that allow buyers to put as little as 0-3 percent down for the purchase of their home.


You Have To Make A Lot Of Money To Buy A Home


Your monthly income is one of many aspects of your financial life thatís considered when youíre buying a home. Home loans can be denied to those who make a large income just as easily as to those who have lower incomes. What matters is the debt-to-income ratio, which tells lenders how much debt a buyer has compared to the amount of income the buyer makes each and every month. Keep your debt down, and youíll be in good shape to buy a home. 


You Donít Need To Be Pre-Approved To Get A House


Being pre-approved gives you an upper hand in the home buying process. Being pre-approved allows your lender and you to go through the entire process of getting a mortgage. When you find a home that you love, youíre able to breeze through the process of making an offer if youíre pre-approved. The pre-approval process is one of the most important aspects of buying a home. 


If youíre prepared with knowledge, buying a home isnít such a daunting process after all. Find a realtor you trust, understand your finances, and the rest will fall into place!




Tags: Buying a home   finances  
Categories: Uncategorized  


Posted by Mark Consolmagno Michelle Curran Team on 11/4/2020


 

The first few years in your new home feel like heaven. Everything looks so sleek and shiny, but after some time you start to discover some quirks. Most are nothing to fret about, but there are some signs that pop up that shouldn't be overlooked, such as electrical glitches in the home. Not every electrical problem is dire, but as your home electrical system may pose a high risk of fire and severe damage to life and properties, you should be cautious.

Circuit Breaker Issues

The job of the circuit breaker is to cut off the flow of electricity to a part of the home when the circuit gets overloaded. Itís a crucial part of maintaining the safety of your homeís electrical system. This level of importance makes it highly critical that you call for a professional electrician if it seems like the panel is faulty. In a situation where the circuits in the breaker panel fail to reset or continuously trip after being reset, then itís a clear sign that something is not right with your home electrical system: don't hesitate to call for a repair.

Flickering Lights

This is usually a sign that there might be a short circuit in your home. However, if only a single light is flickering, it might be an issue with the bulb. Unplug it and check if it will flicker when plugged into another outlet. If you notice more than one light or all the lights are flickering, call an electrician to inspect the system. Lights flickering shouldn't be neglected because short circuits in the walls may spark house fires. Be sure to have your wiring inspected often and fixed, should any issues arise.

Burning Smell

This one is pretty obvious, but many homeowners assume the smell is related to something else. Slices of bread trapped in the toaster or a dish left in the oven for too long can cause a burning smell. However, if you still perceive the smell when you are not cooking or using any kitchen appliances, your electrical system may be faulty. Burning smells can also be a result of loose connections or current flowing through deteriorating plugs, switches and cords. Call an electrician whenever you catch a burning smell in your home that's not related to cooked or cooking food.

Whenever you see any spark, catch a non-food related burning smell or see your lights flickering, contact an electrician immediately. Donít have an electrician you trust? Your real estate professional will have connections to the best professionals in your area. Use them as your top resource.





Posted by Mark Consolmagno Michelle Curran Team on 10/28/2020

Ready to launch a search for your dream home? Ultimately, you'll want to do everything possible to streamline your home search to boost your chances of getting the best possible results.

There are many best practices for conducting a successful home search, and these include:

1. Define Your Homebuying Criteria

The definition of the "perfect" home varies from property buyer to property buyer. This means that your definition of the perfect home is unlikely to match that of a friend or family member.

Think about what separates an ordinary home from a can't-miss residence. Then, you'll be able to narrow your home search and map out a successful homebuying journey.

As you consider the perfect home, make a list of homebuying "must-haves." For example, if you want a garage where you and your wife can park your cars, a two-car garage is a homebuying must-have. Or, if you want a home that's close to high-quality schools that your kids can attend, buying a house in a great school district is a must.

2. Get Home Financing

Although your ultimate goal is to acquire a top-notch residence, you'll likely need financing to help you transform your homebuying dream into a reality. Fortunately, many banks and credit unions are available to teach you about a wide range of mortgage options.

Meet with several banks and credit unions Ė you'll be glad you did. These lenders can educate you about the different types of home loans and help you get pre-approved for a mortgage.

After you receive pre-approval for a mortgage, you're good to kick off your home search. In fact, with a mortgage in hand, you can tailor your search to homes that fall within a specific price range.

3. Work with a Real Estate Agent

Regardless of your homebuying goals, it pays to work with a real estate agent. That way, you can receive expert assistance as you search for houses in various cities and towns.

A real estate agent is happy to teach you the ins and outs of purchasing a house. By doing so, this housing market professional can help you become a real estate expert in no time at all.

Furthermore, a real estate agent will set up home showings, keep you up to date about new houses that become available and help you submit home offers. This housing market professional is committed to your homebuying success and will do whatever it takes to assist you along the homebuying journey.

Perhaps best of all, a real estate agent is available to respond to any homebuying questions that you may have. No homebuying question is ever too big or too small for a real estate agent, and as a result, this housing market professional will make it simple for you to make an informed homebuying decision.

Launch a successful home search today Ė use the aforementioned best practices, and you can increase the likelihood of discovering your dream home.







Mark Consolmagno Michelle Curran Team
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