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In real estate, a good first impression pays off. Sellers can walk away with thousands of dollars more if they make their home look as good as possible. Appearances may make the difference between selling quickly and waiting months for an offer.
Before showing your home, consider these tips:
· Create curb appeal. Buyers are making a judgment about your house as they pull into the driveway. Hide unsightly hoses and garbage cans, rake leaves, trim the lawn, plant flowers, clean windows, paint the front door, and open the curtains.
· Put your home’s best face forward. A well-maintained house gives buyers confidence that the property is structurally and mechanically sound. Shampoo carpets, clean drapes, replace shower curtains, dust light fixtures, clean kitchen appliances, and change filters. Fix leaky faucets, oil squeaky hinges, tighten loose cabinet knobs, replace burned out light bulbs, patch holes in the walls, and apply touch-up…
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New federal regulations requiring lenders to verify an applicant’s ability to repay may make it more difficult for borrowers who are self-employed to obtain a mortgage. The rules, created by the Consumer Financial Protection Bureau, set standards for mortgages that are considered low-risk for both parties.
Effective this month, lenders are now required to verify a borrower’s income and confirm a debt-to-income ratio of 43% or less. Borrowers who are self-employed or own their own business will find their incomes being analyzed in greater detail.
According to Peter Grabel, a loan originator at Luxury Mortgage, in Stamford, Connecticut, borrowers who have been self-employed for less than two years will find it nearly impossible to obtain financing without sufficient business tax returns.
“[Lenders] must establish the stability and continuity of the income source,” he said. “The problem for self-employed people is that they want to minimize their tax liability, but some of…
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Your kitchen is the hub of your home, it’s where you all come together to eat and talk and it’s where you socialise with friends when pouring out a cheeky glass of wine. We spend more time in the kitchen then we might initially think, as we’re in there at least 3 times a day just to make our meals. But how can you make your kitchen more full of life and give it a new face without breaking the bank? Well there are lots of small things you can do to make your kitchen more specious, less dingy and a little more inviting.
Gadgetry is always a good way to make your kitchen look a little more up to date and sophisticated. Whether it be a slightly fancier kettle or just a few small gadgets to make life just that little bit easier for you, they make the…
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