The home search is over! You have finally found the perfect home in the ideal location, negotiated the price, had your offer accepted, and are ready to make the big move. After the walk-through, appraisal, and some constructive “back-and-forth” with the agents, family members, and friends, the next step is finally here: it’s closing time! The closing is an exciting milestone in the overall home purchasing process and it’s the final piece of the puzzle when buying and financing a home.
Taken directly from the Consumer Financial Protection Bureau website, the closing, or sometimes referred to as a “settlement”, is when “you and the other parties in a mortgage loan transaction sign the necessary documents” so that the new, beloved home is finally your own! The closing documents make you responsible for the mortgage loan, so it’s important that you know what you are signing during the closing process.
One particular document, the closing disclosure, is a form that includes all final terms of the loan, closing costs, details of who pays and who receives any of the payments in the transaction. This document is a form that has replaced the previous HUD document (Department of Housing and Urban Development). Another document, the initial escrow statement (also called the initial escrow disclosure), lists what is going in the escrow account each month so taxes and insurance is paid on the homebuyer’s behalf. This document also shows the estimated balance in the escrow monthly as payments are made and how their account adjusts.
Contractual documents include the promissory note, which outlines clearly what you are agreeing to. It will include what you owe, interest rate of the mortgage loan, the dates when payments are to be made, total amount, length of time to repay, and more. Another form, a mortgage or security instrument, explains responsibilities as well as rights as a borrower. There are additional state and local government documents that are typically used to collect information about you, the new homeowner. Lender documents will also need to be signed at this time, too. When you receive the closing disclosure, you can ask your lender to provide a full set of all the documents listed here. This way, you can review them in advance and before the closing.
The closing process usually includes your real estate agent or Realtor®, the title company representative, also known as the closer, and potentially the lender. Your lender may or may not attend the closing. State regulations are different, so the closing meeting may include everyone at the conference room table while signatures are happening or it could take several days if signatures are being compiled separately. In some cases, a closing may even be via the internet or mail.
Regardless how the actual closing process happens, it’s important to understand that the paperwork has lasting financial implications. Before signing, make sure the documents have been reviewed and are understood. Don’t sign the documents if you’re unsure of making the payments or if there are errors. Ask questions if you don’t understand something involving the terms of the loan. Also keep in mind that over time, your payments may change. With an adjustable-rate mortgage, payments may increase over time so make sure you know when it will change and by how much. Even fixed-rate mortgages may change because of variations to taxes or insurance.
Being prepared at closing will help alleviate any stress and let you focus instead on this momentous event. Being a new homeowner is definitely a reason to celebrate! If you’re interested in a new home or want to learn more about selling your existing home, I’d love to help. I’ve assisted many families and individuals in the Metro-east area and beyond find their dream home. Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
In the second part of the series, It’s Time to Start Thinking About Beautifying Your Yard, Tony Range, horticulture supervisor for the award-winning and beautiful St. Louis Zoo, shared some best practices with me. Tony and I visited recently to discuss tips for homeowners wanting to add beauty and interest to their outdoor spaces at home. Our meeting was fun and informative as we chatted about proper planting techniques, native plants, and how to create stunning landscapes based on any given surroundings.
The St. Louis Zoo is a well-known and beloved attraction in our area, but did you know that it also houses its very own greenhouse? Thousands of plants are grown at the greenhouse and are displayed throughout the park May through October. Next time you visit the zoo, make sure to pay attention to the brightly colored plants and flowers scattered along the zoo’s pathways and inside the buildings, creating a lovely atmosphere for visitors and for the animals calling the zoo “home”. Enjoy the Q & A below from our recent visit!
Now that it’s spring, it’s the perfect time to beautify your home’s outdoor landscaping. What tips would you give homeowners about the use of plants to enhance their home’s appeal?
Many of us are running out to purchase annuals, hanging baskets and more for our homes now that the weather is warming. I think what most people don’t realize is that once the plant leaves the greenhouse and goes to a nursery, they can quickly become nutrition deficient. In the greenhouse, plants are treated with nutrients to keep them healthy. Once they transition to a store and then to a home, within a couple weeks of constant watering and no nutrients, their soil is leached. Plants are hungry and need more than just tap water to flourish and survive.
Nutrient-rich plant food like Miracle-Gro™, added at least once each week to your plants, will help them grow. Today, there are even slow release fertilizers on the market with Terra-Sorb (a water absorbing gel) which offers a slow-release fertilizer for your plants and flowers. Terra-Sorb doesn’t dry out as quickly and is another way to ensure that your beautiful hanging baskets and potted plants continue to impress neighbors and friends throughout the season.
Also keep in mind, dirt is what you sweep up off of your floors whereas soil is a living, breathing entity full of microbial activity, teaming with life. Without a good, healthy soil we would have nothing to sustain our daily lives.
Are there any plants you would recommend based on our planting zone in the Midwest and which ones prefer sun or shade?
There are many plants that I love and recommend! Dragon Wing Begonias tolerate heat and the sun quite well, Silver Falls Dichondra like sun or shade and are easy to maintain, and the Dazzler Merlot Mix Impatients are shade tolerant, lovely and landscape friendly. Just keep in mind that annuals, like petunias, are tropical by nature and are typically heavy feeders, requiring fertilizers to flourish.
A tip I also like to offer is that around July 4th, it’s best to cut back those petunias you may have purchased on Mother’s Day about a quarter or half of the way. This will flush the new growth out, and you’ll love the results. Simply “pinch” to the leaf nodes. Also, when purchasing 6 packs of the plants from your local nursery, steer clear of the ones that are “tangled up”, long and misshapen. Pulling and unwinding their delicate foliage and roots is very damaging, so it’s best to find the packs that are short and tidy.
As a Realtor®, I see a lot of homes with neglected landscaping. Any suggestions that you can make to convince them that curb appeal is important?
I recommend choosing plants and plant materials scaled to the home. Not all landscaping needs to be elaborate. When planting, if the homeowner follows some basic rules, the landscaping undertaking can be fun and can really enhance their home’s curb appeal.
For instance, planting perennials in groups of 5’s and 7’s offer a bigger visual impact. When planting in groups, you’ll be happier with the overall look. Shrubs, Knockout® roses and more work best in groups of three. Even planting a Juniper, for example, should be spaced out and if you plant one in your landscaping, think about planting another one in a different section. The rule of thumb is to never plant just “one” of anything.
I like to think of plants for landscaping as notes on a musical scale, stagger the plants and always place them in groups for an impactful and beautiful display!
What are some other tips you’d like to share with our readers?
Play off the landscape with the use of limestone boulders and other types of hardscape. If you’re lucky enough to find a boulder with moss naturally draped on it, it will be a beautiful and unique addition to your curb appeal. I recommend the use of hardscapes in the winter months, trees with interesting branching habits, evergreens, birdfeeders and ornamental grasses. The Taylor Juniper is a tree that I love, with a striking appearance, growing to about three feet wide and up to twenty feet tall. Also, Blue Spruce “Fat Albert” lends a colorful blue tone to the winter landscape.
The importance of feeding and grooming your landscape plants and flowers can’t be stressed enough. Adding fertilizer is a key component to a lovely yard with curb appeal. Treating your plant’s root system with care also plays a key role in their health. At the zoo, when construction and maintenance is happening amongst the landscaping, I always let the crews know how important it is to go around the plants and trees. Disrupting the roots is much like cutting off an arm or a leg for us – they need their roots intact because it provides important nutrient and water uptake along with structural stability.
Tony Range is a horticulture supervisor at the St. Louis Zoo and also a contributing author for STLZOO Magazine. I appreciated the time he took out of his busy schedule to offer planting and landscaping tips for homeowners.
If you or a loved one is in need of a licensed Realtor®, contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
As winter becomes more of a memory and the weather turns to sunnier days, it may be time to take a peek at your landscaping and start the plans for beautifying your yard. Does it require some TLC? Not sure what it may need to become that beloved, family-friendly space again? I can help! My next two articles will be highlighting yard beautification, including an interview with Tony Range next month. Range is the lead horticulturist for the St. Louis Zoo and will offer his suggestions on how to maintain a yard that will be the envy of your neighbors, all season long.
If you are looking to enhance the overall look of your home, a beautiful, outdoor living space also increases the value of your home. A relatively recent and increasingly popular trend for homeowners is the creation of a backyard retreat, turning a home into a wonderful place for entertaining, hanging out and enjoying when the weather is inviting and the days are longer.
Homeowners who add a deck to their property or enhance their custom deck prior to selling, usually recover the cost in the sale of their home. Decks that need repairs or seem neglected can often turn away buyers because they will see additional expense and future maintenance projects. If you have a deck, it may make sense to paint or re-stain it, add some new, brightly colored cushions to your outdoor furniture, and display some potted plants and flowers. Investing in your deck and outdoor living area also adds additional space to your home, making it appear larger for potential buyers.
Even if you own a home with no future plans on selling it, Consumer Reports indicates that today’s consumers are thriftier and stay home more to entertain and to spend family time. Homes with outdoor living spaces are cited as one of the most appealing ways to spend a nice evening with those you love! When weather is prime, many clients love the idea of “outdoor living rooms”. Turn off the iPad and head outdoors to toss a Frisbee in the backyard, sharing stories of the day with your kids. When you invest in your backyard, you are investing in so much more: time with family and friends.
Another way to enhance the beauty of your yard and create a more welcoming atmosphere for your guests is by adorning your entrance, driveway and more with assorted annuals and perennials. Flowers like Petunias, Snapdragons, and Knock out Roses are great additions to your landscaping. A Southern Living article cites putting a low fence between your house and the street to give an illusion that your house is farther away from the road than it truly is andit’s also a great space for planting flowers and vines.
If you have unsightly structures in your yard and you’re not sure how to hide them, strategic planting can help! Some sheds, garages, outdoor work spaces and utility boxes in subdivisions can be less than attractive. Adding window boxes and flowers to work sheds, setting attractive planters filled with flowers atop structures, and placement of potted ferns can be great additions to your outdoor ambience. Incorporating plants and flowers close to the structure, and incorporating planters onto the walls of the structure will make it seem like a seamless accompaniment to your landscaping.
As a licensed Realtor® it’s my goal to help make your real estate dreams come true, offer tips to enhance your home’s beauty, and share my knowledge of our local market. The real estate process can be daunting, but it doesn’t have to be with my guidance! And don’t forget – next month’s blog will offer additional landscaping tips from Tony Range, St. Louis Zoo horticulturist. In the meantime, you contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
As a Realtor®, it’s my job to find the perfect home for my clients. Over the years, I’ve learned helpful tips in regards to real estate for beginners that I like to share. Whether you’re a buyer, seller or both, here are some things that will come in handy that many Realtors® wish you already knew.
The Preapproval Letter is Just the First Step. Keep in mind, the preapproval letter is just the start of the process. Before closing, a lender re-examines a prospective buyer’s finances which also includes recent credit history. If numbers have changed (decreased due to salary or spending) the applicant could end up with a higher interest rate or even lose the loan. It’s best to continue frugality in your spending even after you’ve been preapproved for the mortgage. Homebuyers sometimes want to start buying, running up credit cards for their new home. What this means: it’s best to not open new loans or increase your credit spending.
Selling a house can take longer than you think. The selling process can take time and it’s important to have realistic expectations on the timeframe for selling a home. Different markets and different home prices move at different speeds, so you can’t always base your schedule on what happened to a friend in a different neighborhood or state. Negotiations after an offer can take 24-72 hours, and typical closing preparations can take 30-45 days. I can help price your home for the right amount so that the entire process flows smoothly and in a realistic timeframe.
“Buyers” may not all be able to buy. Just because you have an open house with many, many people walking-through, it doesn’t always mean the buyers are ready to purchase. Keep in mind, people walking through homes during an open house may all be at a different stage in their home search. It’s true that pre-qualification letters are used to confirm buyers have good credit and give salary information, but a serious buyer will have already applied for a loan and the bank has verified their finances, giving a specific dollar amount to the loan. Most agents will also call the lender and verify the buyer is pre-approved for that amount. If a buyer has already applied for a loan, they are ready to make that move into a new home.
It’s the whole package. Buyers need to walk through a home and feel good about what they are seeing, and that even includes the home’s smell. As a buyer, it’s also important to look at the new space and be able to imagine your own personal style in the prospective home’s layout. For sellers, it’s always beneficial to pay attention to the little things. Clean carpet, a fresh-smelling home, and lack of knick-knacks around the house really does help sellers present their home in a more desirable manner for buyers…and buyers will notice.
As a buyer, think about your needs for today and long term. Buying a house can be a big financial commitment, and as a buyer it’s important to think about your long-term plans when searching for a new home. Are you planning on staying at your current job or is there a chance you may relocate? Will you be starting a family soon? Depending on the market and the terms of your mortgage, you may not actually pay down any real equity for several years. Keep this in mind if you aren’t sure about the prospective new home fitting within your long-term needs. If not, you may want to keep looking.
If you aren’t entirely sure of the details necessary to get your house “showroom ready”, I can help. As a licensed Realtor® it’s my goal to help make your real estate dreams come true, sharing my knowledge of our local market as well as offering recommendations during the home buying or selling process. Now is a great time to buy! Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
Are you familiar with the term “escrow”? It has several meanings in real estate, but the most simplistic definition is that an escrow account is set up for you by your lender to pay for homeowner’s insurance and property taxes when home ownership costs are due during the course of any given year.
Basically, escrow is when an impartial third party holds on to something of value during a transaction, and in the case of real estate, buyers write an earnest money check when making an offer that is then placed in escrow. The impartial third party holds on to the check until the buyer and the seller negotiates a contract to hopefully close the deal. When in escrow, the buyer and the seller can’t touch the money. It’s in a sort of “real estate limbo”.
The reason the check is handled by a third party is to protect both parties involved. If you put down earnest money and that money goes directly to the seller, what if the seller decides to hold the earnest money as a way to negotiate? When the money is in escrow, you know that everyone involved in the transaction is treated fairly and gets what is due at the same time.
When talking with your mortgage lender, the term escrow will come up again. Terms like escrow, impound or reserves may come up. All terms mean the same thing: they are funds held by the lender to make payments for your homeowner’s insurance and property taxes. Another term, prepaids, is money collected in advance for bills to make sure there’s enough money on hand to pay when due.
What’s escrow and closing mean?
When the agreement has been made and the purchase is complete, the term “closing of escrow” will be used. Closing officers or escrow officers will sit with you and oversee the final paperwork and make sure the transfer of funds happens smoothly. During the closing, the officer wants to make sure the recording of deeds, money disbursement and all paperwork has been properly signed and recorded. The closing process does take a little bit of time, but it’s important that all conditions are met to make sure the transaction is accurate and complete.
When does a hold-back of funds happen?
Sales can still be completed with a transfer of ownership when funds are still in escrow. One example of this is if you’ve made an agreement with the seller to stay in the house for an agreed upon amount of time while their new home is completed. When participating in this “rent back” agreement, a real estate agent will advise you to have the escrow agent hold back some of the seller’s proceeds until vacating the premises entirely. The reasoning? Your new home should be left in the condition specified in your real estate contract with no damage, etc.
Sometimes during a final walk-through of the new home buyers find something wrong. Also in some cases, work cannot be done prior to the move-out date. If this happens, it’s a good idea to keep money in escrow to help with the expense. Hold-back of funds is also used in new construction, keeping money in escrow until work is completed and the paperwork is signed.
After escrow is closed and all funds have been distributed, the buyer and seller will receive a final closing statement and completed documents in the mail. Make sure the statement is reviewed carefully and if you see anything incorrect or have a question, contact the closing agent as soon as possible. Next, file the statement with all of your other important papers. When tax time comes, you’ll need to have the documents easily accessible for income tax return season.
Let me help you with your next home adventure! As a licensed Realtor® it’s my goal to help make your real estate dreams come true, sharing my knowledge of our local market as well as offering recommendations during the home buying or selling process. Looking for a new home in 2018? Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
Probably less than a decade ago, we would have never referred to our homes as being “smart”. Today, it’s a common term connected with the latest technology, creating a home that would be suitable in a Jetson’s cartoon, entertaining us with futuristic toys and conveniences like we’ve never seen before in a standard home. In today’s world, you don’t have to be part of the rich and famous to have a smart home with amenities at the touch of a button. I wanted to share highlights of a recent PCMag.com article sharing the “best of the best” smart home features trending this year.
What exactly is a “Smart Home”? The term smart home simply means homeowners can connect many of their standard amenities and devices to the internet. This goes beyond just computers and phones, also encompassing clocks, door bells, lights, window blinds, and home entertainment systems. Did you forget to lock your door before leaving? Certain smart homes will let you know and even lock it for you. When devices are communicating together and working together, sending information as well as receiving it, it’s often referred to as the “Internet of Things”, or IOT. Essentially, a smart home is one that is automated, giving homeowners the ability to control items around the house with a touch of a button or voice command. Different levels of automation have different cost levels, so it all depends on what you want and what you can afford.
Hubs and Controllers. Alexa is a voice assistant available at Amazon, compatible with a Bluetooth speaker called Echo. Alexa works with smartphone devices and with some thought, you can use Alexa to control most of the gadgets in your house just with the sound of your voice. Tie in the Echo Dot, it will add to the Alexa functionality. Echo Show even offers a touch screen.
Wink Hub 2. The PCMag editor’s choice goes to Wink Hub 2, a home automation system that works with Z-Wave, ZigBee, Lutron Clear Connect, Kidde, Bluetooth and Wi-Fi. Looking towards the future of home automation, it is also compatible with Philips Hue Lighting and the Netgear Arlo camera and Google Home. The editors believe this system to be one of the most reliable, widely supported hubs tested.
Logitech Harmony Elite. This home automation device controls things the “old-fashioned way”- with buttons. The Logitech Harmony Elite is like a universal remote, but offering oh so much more! You can connect more than just a stereo system and TV – it will also work with infrared devices in your home, ZigBee, Bluetooth or Wi-Fi.
Surveillance Cameras. Today, there are wireless, weatherproof and easy to install surveillance cameras that can keep your home and belongings secure. One camera, the Netgear Arlo Pro, offers two-way audio and sound-triggering recording. With wireless features, there’s flexibility in where to place the camera. If you’re interested in indoor security cameras that keep an eye on your home while you’re away, the LG Smart Security Wireless Camera may be ideal. You get 24/7 monitoring via ADT’s Canopy service with no contract. A smaller option is the Tend Secure Lynx Indoor, a small home surveillance camera delivering video in color, clear night vision and two-way audio. It even offers facial recognition technology. At the $60 price tag, this is one of the more affordable home surveillance cameras.
Locks and Home Security Systems. Apple HomeKit enabled Smart Lock, available at Amazon, mounts over your existing deadbolt to provide connectivity to your door. It also uses Bluetooth to your smartphone, making it easy to access for you or your guests. ADT also offers the ADT Pulse, with 24/7 monitoring and customer service support. It’s the most robust, full-service home security system tested and can be tied in with other automation platforms. The Abode Home Security Starter Kit is ideal for the do-it-yourself crowd, easy to install and can be paired with dozens of Z-Wave and ZigBee smart home products. It also supports the Alexa products. With the Abode, you can monitor lights, locks, and more.
Heating and Cooling. As a homeowner, one of the biggest expenses we have is our heating and cooling (HVAC). Protect your investment with a Nest Learning Thermostat. With Nest, you get built-in Wi-Fi with geo-fencing support and a furnace monitor. It’s never been easier to control your home’s temperature from afar. The Ecobee3 Smart WiFi Thermostat is another thermostat you can control remotely. It also monitors multiple sensors in various rooms of the home to make sure your system is working efficiently.
Sci-Fi Cooking. Want to cook some ribs this fall in the backyard, but can’t get off work in time? Check out the Char-Broil Digital Electric Smoker, a grill that you can control remotely using apps for iOS or Android. The app will tell you when the food is ready. Another smart oven, the June Intelligent Oven, has high-tech features that are mind-blowing. Wi-Fi, a camera, and artificial intelligence that lets you weigh, monitor and cook just about anything with little input, turning your kitchen into a home of the future!
No matter what type of home you are in the market to buy or sell, as a licensed Realtor® it’s my goal to help individuals and families during the entire real estate process. I know about the hottest trends, from popular paint colors to high-tech amenities. Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
Selling your home can be an exciting yet (sometimes) emotional time. If you’ve been in your home for a while, every part of the house tells a story. Strolling from room to room, you can vividly remember rocking your baby to sleep in the rocker in the bedroom’s corner, your first puppy’s favorite sleeping spot in front of the fireplace, and your daughter’s Sweet 16 party in the backyard pool. So many wonderful memories have happened over so many years! With those years and memories made, you’ve also accumulated a lot of “stuff” and perhaps some spots in your home that need to be freshened up. Because it’s impossible to sell those memories with your home, it’s important to rely on staging strategies to entice the new homeowner with images that can be completely their own.
I recommend to clients that it’s best to de-clutter and thoroughly clean the home prior to placing any home on the market. It’s okay to leave a few family photos up, but best to remove most of them because when selling your home, you want to make sure the potential buyer visualizes where his or her photographs will be displayed. Straighten closets; pack up unused items and scattered toys or accessories. Today’s buyers prefer neutral colors, walls and floors, so if you have time and money in the budget to paint, it’s not a bad idea to spruce up the main living spaces.
Why is staging important? A properly staged home creates something called “lifestyle vignettes” (RealtorMag.com) for interested homebuyers. When buyers walk through a home and see a chessboard on a comfortable ottoman, placed directly in front of the stone fireplace with drinks on the end table, they begin to see themselves in the scene. As a Realtor® in the Metro-East, I know which trends are working depending on local demographics. I can help you work with current trends, letting you know which ones are working locally, so you can create a buyer’s dream house. Depending on the home, it may only require organization and some fresh paint.
When you set the stage for potential buyers to see a home filled with fun and friends, it usually also involves food. Many stagers recommend setting the tables and the bar areas with nice plates, cloth napkins and drinking glasses, using a lovely centerpiece to tie it all together. The set up doesn’t have to be overly fancy, either. Simply use matching tableware to create a home that appears perfect for entertaining, whether it’s a family breakfast or a larger gathering with friends and family in the dining room.
Simple staging techniques don’t have to cost a lot of money, either. If you want to entice buyers to walk through that front door, it’s best to stage your entryway with a nice, new welcome mat, colorful flowers or greenery and a clean, welcoming entrance. Potential homeowners often drive by homes even before they schedule a walk-through, so it makes sense that you spend some time and energy on sprucing up the front of your home, helping to make a positive first impression.
Have a dark hallway or a wall that needs a new look? Maybe you’ve taken down some family photos and need something to replace the wall decor? Mounting mirrors in strategic places of the home can do a number of wonderful things. Mirrors enlarge spaces, add modern touches to the home, and light up hallways that lack natural lighting. Mirrors hung directly across from a window or placed next to one add even more lighting to the home, pulling in more sunshine. Many stores even sell mirrors in multi-packs and sizes, creating an impressive collage display that anyone can create.
Other staging tricks that work include outfitting a bathroom with white linens, fresh new shower curtains and some spa-like accessories. After you de-clutter the bathroom, it’s easy to update any bathroom with items that turn your outdated bath into a luxury spa. To set the stage, you can roll and stack new bath towels, place special soaps in a dish on the counter, and even add an orchid or other flower next to the sink.
Staging your home may require a little bit of forethought and some financial investment, but sellers will be happy to know that most staged homes sell faster than homes without staging methods. Look at photos online or in magazines, pay attention to displays at furniture stores, and think about items in your home that you can use (and items that may need to be placed in storage) to create a cozy, lived-in ambiance in your home that’s picture-perfect. Colorful vases, lanterns, books and plants can all be used to produce those “lifestyle vignettes” buyers are looking for in a new home.
As a licensed Realtor®, it is my goal to help individuals and families sell their home with confidence. I want the process to be pleasurable and profitable. If you aren’t sure why your home hasn’t sold yet or want tips on staging your home, I can help. Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
Have you ever stepped foot in a home during the home search process and fell in love instantly with it? Some styles and house plans simply impress us more than others. The type of home you tend to prefer may also be different depending on your stage of life. Just had a baby? You probably want the bedrooms on the same floor. Have an aging parent living with you? Two master suites would be ideal. Individual preferences and styles may change over time, but the following trends have been popular and gaining traction for many new home seekers in 2017.
Outdoor living continues to impress people looking to buy a new home. Whether seeking manicured yards in a simplified living community or finding a home that backs up to secluded woods, homeowners are taking advantage of their outdoor spaces. This trend is reminiscent of “resort-style” amenities for families wanting to enjoy their homes more than ever before. Why go on vacation when you can bring the vacation home? Pools, outdoor kitchens, and big front porches for catching up with neighbors are just some features that really enhance outdoor living. Other trends like landscaped courtyards and four-season rooms also turn a home into a retreat you may never want to leave!
The use of glass is also a popular element in homes that take advantage of outdoor living. Large, floor-to-ceiling windows are just another way to “bring the outdoors in” and enjoy the views. Living areas, even smaller ones, will benefit from added glass to make them feel larger. Some designers even incorporate sliding walls of glass and screens leading to outdoor spaces (like a pool or hot tub). More glass or easy access to the yard is just another way to take advantage of the home’s neighborhood, amenities and green space. If you live in a lovely setting, why not enjoy the beautiful view by adding more windows or French doors?
Although not surprising, the basements of today aren’t being built simply as places to store your overflow items. Nine-foot ceilings in basements continue to be quite popular, even if the homeowner isn’t planning on finishing the basement in the short term. Homes are being built with taller basement ceilings because not only does it add resale value to the home but also makes the basement more inviting and livable when planning for additional living space. Another trend has surfaced and 9-foot and 10-foot ceilings are preferable features for buyers today with a decreased interest in vaulted ceilings.
Homes today are often being built as forever homes, with “aging-in-place” accommodations still being very popular. This is a newer trend and one that has really made an impact on how people are buying and building homes. With people living longer, it makes sense to live in a home that will be comfortable for years to come. Features like main floor master suites, easy access to every part of the home (with little or no stairs) and taller bathroom counters, comfort-height toilets and walk in showers, the aging in place home can come in all sizes and styles to better suit the homeowner.
There are many trends that are popular today, going beyond just wall colors and flooring styles. Builders are also still focused on energy-efficient homes with high-tech tools to help manage the home’s heating and cooling with the intention of using no more energy than the home creates. Whether it’s an energy-saving fireplace or water efficient fixtures and appliances, the energy efficient home will continue to develop with technology.
Trends are fun to talk about, but the most important feature when looking for a new home is defining YOUR lifestyle. Your house should be the place you feel the most at ease, and as a licensed Realtor®, I have helped families find the best home for their personalized style. Whether you are selling your existing home or looking for a more suitable home to reflect your current lifestyle, I can help. Contact me for all of your real estate needs at (618) 978-2384 or email me at email@example.com.
Depending on your lifestyle and your desire for outdoor living, you may have different reasons for purchasing a home for its outdoor spaces. Some of us would prefer to have limited weekend warrior duties, preferring a small backyard or simplified living neighborhood. Others, with growing families and a love of the outdoors, may seek a home with a large yard that backs up to a wooded tree line. If beautiful outdoor living spaces make your heart skip a beat, there are wonderful home features and add-ons to enhance your outdoor living for years to come.
Outdoor rooms, a trend that has been emerging for years, is one of the best ways to fulfill your love of the outdoors. Outdoor rooms can be created by the use of architectural devices such as columns, walls, and ceilings, offering transitional spaces that extend your living spaces out into the crisp, fresh air.
Years ago, patio furniture was quite simple; functional, with not a lot of style and comfort. Outdoor furniture had a distinctive look and it definitely didn’t look like furniture that you would want to spend hours upon hours sitting on. But today’s outdoor furniture has mimicked the furniture in our living rooms, with colorful cushions, pillows, end tables and rugs, all made to withstand the elements of the outdoors (within reason) and bringing your guests outdoors, too.
Privacy is important when homeowners are looking for an outdoor room. Usually this can be accomplished with a tree line, fence or decorative wall. By creating some seclusion for your outdoor living space, not only does it offer the privacy we all crave but adds to the intimacy of your space. Not every dinner party should be interrupted by the curiosity of your next-door neighbor!
Outdoor kitchens, once deemed home features of only the rich and famous, are now achievable options for the aspiring homeowner. Outdoor kitchens can include structurally integrated fire-pits and fireplaces, TVs and custom counters built around the “grill-masters” favorite Weber grill. With comfortable seating and even a beverage refrigerator, this extension will rival many indoor kitchens. The addition of an outdoor space, like a kitchen, supports multiple functions for the homeowner. It will likely also deter guests from always entering the home if you own a pool and instead offer a defined living space for the whole family when entertaining outdoors.
Porches and decks are wonderful outdoor living spaces that have also been modernized. Porches are now being built out of composite materials, extending their life and requiring little maintenance. Screens and enclosed patio walls have turned standard decks off the great room into spaces that can even be used year-round. Offering you shelter from the sun and the elements, even when it’s raining you can still enjoy those 360° views of your backyard’s garden that you’ve worked so hard to cultivate. By adding a ceiling fan, furniture and other comfort items, your outdoor living space will be your favorite gathering spot.
Another option for shade is the Pergola. Pergolas can be added to outdoor spaces that may not have existing ceilings or overhangs, offering a way to cool off in the midday summer heat. In a variety of sizes or custom made, pergolas are also a nice decorative touch to your deck or porch. It’s a lighter, more permeable way to enhance outdoor living, but yet very effective. Adding just a little shade to an otherwise sunny spot will also mean you can decorate your patio with flowers and furniture that might not be able to tolerate the heat otherwise.
There are several outdoor living features homeowners may look for in a new home, depending on personal style preferences and interests. With my assistance, I can help you find that perfect home with incredible outdoor living spaces that suit you and your family. I know the local real estate market and have first hand experience about neighborhoods with the best green space available. If you are looking for a new place to call home, it’s time to give me a call at 618-978-2384 or contact me here so that I can help turn your dreams into reality. Happy summer!
Not every community offers HOAs to homeowners, but HOAs are definitely on the rise. In 1970, only 1% of neighborhoods had HOAs. As of last year, 1 in 4 homeowners were part of an HOA according to the Foundation for Community Association Research. When talking about an HOA, or Homeowner’s Association, with friends, it may elicit smiles from some and grimaces from others. Often, people share varying opinions about HOAs, mainly because HOAs can vary from neighborhood to neighborhood. Also, individual homeowners will have different personalities and preferences about what an HOA should offer.
What is an HOA? Rules and membership dues vary, but generally speaking homeowners who live in a neighborhood must abide by its regulations and pay a fee that aids in the management and maintenance of the community in which it serves. Condominiums and townhouses are often part of a homeowners association, but today HOAs also include freestanding homes in neighborhoods. An HOA often pays for maintenance of common space, subdivision entranceway, community pool/rec center, tennis courts and rec centers.
One major benefit of having an HOA is that it helps preserve your community so that it looks its best, functioning smoothly and efficiently. A new trend we are seeing is that instead of annual HOA dues, monthly HOA fees are added to include benefits to the homeowner. Lawn maintenance and even snow removal are part of the community’s HOA, making it easier to enjoy evenings and weekends full of play and family activities, instead of all the maintenance home ownership may entail. In the Edwardsville area, Cloverdale and Brookshire Hamlet are two communities that offer this type of HOA incentive.
Another benefit of buying a home in a neighborhood with an HOA is community appearance standards have to be met. Fines will be imposed if your neighbor’s unkempt lawn becomes an issue or if their siding begins to fall off. With an HOA, you are less likely to see obnoxiously painted homes and landscaping in complete disarray. Some HOAs do also have rules about how many cars are allowed in the driveway or if an RV can be parked on the property.
Association management is also often included with an HOA. The HOA board can help if you have a problem with a neighbor’s dog barking incessantly, for example. Instead of going directly to the neighbor over the dispute, an HOA can assist with the problem and hopefully help you resolve the issue.
How it works. HOA regulations are usually set by a committee or board of directors and can then be enforced by a paid management company or by volunteers. You can even become involved with the HOA in order to have a voice in the decisions being made. When part of an HOA, homeowners can request a rule change or an individual waiver, but there’s no guarantee that the request will be permitted.
You may be thinking, “Well what’s not to like about an HOA?” Overall, an HOA adds value to your home and community. However, for some buyers, an HOA seems too limiting on what they can and cannot do in their neighborhood. Having a management association tell you that you can’t park your camper in the cul-de-sac or place decorative metal sculptures all over your front yard may seem too restrictive to some people. Prior to buying that home in a neighborhood with an HOA, check the regulations because many communities have different rules. If you know that your new community doesn’t allow a certain sized flag hanging from the mailbox before you buy, it won’t seem to be as big of an issue later.
If you are deciding between two homes in different communities, check both of their HOAs. Fees will vary, as well as benefits. Because I am familiar with the many wonderful neighborhoods in our community and the HOAs they offer, I can help you make the right decision concerning which neighborhood is best for your lifestyle. Most of the homeowners that I work with appreciate HOAs and the higher standards that a homeowner’s association provides. By understanding the regulations and fees in every community, you’ll be able to make a more educated decision on which home (and neighborhood) is best for you.
I am fortunate to live and work in such a vibrant community, one that offers a wide selection of neighborhoods appealing to homeowners with different tastes and preferences. I can help you navigate through the entire purchase process, and that includes homeowner’s association information when applicable. If you are ready for a change, give me a call at 618-978-2384 or contact me here. I look forward to working with you and finding you the dream home you’ve always wanted!