Providing local news, info, and tips and tricks for homeowners and those interested in buying or selling real estate in North Idaho or Western Washington.
Also, listen to the Real Estate, Money and Marriage Podcast at KatherineAndDarin.com
BONUS MATERIAL: GET OUR GET-SELL-READY GUIDE. 18 SIMPLE INEXPENSIVE THINGS YOU CAN DO TO GET YOUR HOME READY FOR SALE
As the leaves begin to change and the weather cools down.
You know what that means - pumpkin spice everything!
Nothing says fall like the return of pumpkin spice lattes. That warm, familiar blend of cinnamon, nutmeg, and cloves just brings back memories of crisp autumn days.
The leaves are changing colors.
The air is getting cooler.
It's time to start bundling up in your flannels and vests, sip your lattes, and wander through the local pumpkin patch. Kids racing through the hay bales and corn mazes.
Also, time for homeowners to start thinking about sprucing up their homes for the new season. This fall, there are several fresh home design trends that can help add warmth, comfort and style to your space. Here are some of the top looks that are expected to be popular this year.
Tactile, natural textures are poised to be a major trend this fall. Think woven throws, plush pillows, fuzzy rugs and knit accessories. These cozy materials create an inviting look while also providing actual physical warmth. Go for textured fabrics like boucle, velvet or linen in rich fall hues like cinnamon, navy or hunter green.
Layer multiple textures together for depth and dimension.
Tufted furniture and chunky knits will also be popular for that ultra-cozy feel.
As the days get shorter, lighting will play a key role in fall home decor. Opt for warm white bulbs to cast a cozy glow at night. Layer table and floor lamps for a soft ambience.
Smart bulbs that change color and brightness are another great option for setting different lighting moods. Use dimmers throughout the house to control the atmosphere.
Candlelight and fireplaces will also come into focus this season.
Natural textures and elements help create an organic, cozy look for fall.
Wood furniture and accents pair beautifully with plants to bring the outside in. Opt for carved wood pieces, rattan chairs or woven baskets. Display lush houseplants or dried botanicals. You can also incorporate natural motifs and patterns for an earthy feel.
Try mineral accents like stone vases or quartz decor. Let wood grain and nature inspire your color palette.
Metallic accents are getting a fall refresh this season with warmer, more inviting hues.
For an elegant yet comfortable look, bring in metals like brass, bronze and copper. Mix these tones in your lighting fixtures, hardware, mirrors or decor. Matte metallics also provide a subtle sheen. Incorporate metallic textures like hammered bronzes or rustic coppers to add shine and dimension. Metallics pair perfectly with fall neutrals like cream, slate and brown.
The farmhouse style continues to be popular this fall with some fresh updates. Look for rich velvets paired with farmhouse staples like vintage signs and distressed woods for contrast. Incorporate artisanal pottery, woven blankets and dried florals for a sophisticated farmhouse feel. Don't forget cozy lighting like lanterns and string lights. Modern and traditional farmhouse elements blended together make for an elevated, welcoming space.
This fall, embrace the season with warming textures, natural materials and inviting lighting. Incorporate these 2023 trends to create a cozy, stylish and peaceful home retreat. With some simple updates, you can make your space feel fresh and autumn-ready. Focus on soft fabrics, earthy elements and rustic or modern farmhouse flair to be on trend this fall. Most importantly, choose pieces that make your home feel the most comfortable and inspiring.
If you're looking to do a complete remodel of your home don't make these remodeling mistakes.
1. Ready to go look at a home? - just hit reply and let us know what you’d like a tour of and when. Or just click the ‘Schedule Showing ‘ on PersingerGroup.com
2. If you’re a first-time homebuyer - get your free guide, 7 Costly Mistakes Home Buyers Make, visit http://costlymistakeshomebuyersmake.com
3. If you’re SELLING your home - get access to our Get Sell Ready guide and checklist. It will show you how to get your home ready for sale without spending a fortune or wasting your nights and weekends updating and remodeling your home. http://getsellready.com
4. Start a Smart Moves Conversation with us… get clarity about what to do next, get your questions answered, your concerns are taken care of, and an action plan customized to your timeline. Schedule a call at http://smartmovescall.com or start a chat at http://m.me/persingergroup
BONUS MATERIAL: GET OUR GET-SELL-READY GUIDE. 18 SIMPLE INEXPENSIVE THINGS YOU CAN DO TO GET YOUR HOME READY FOR SALE
Are you tired of rummaging through a cramped, cluttered closet every day, desperately trying to find that one elusive pair of shoes or that favorite sweater?
It's time to take control of your space and transform your home with the power of a custom walk-in closet.
It could revolutionize the way you organize and access your belongings. increase the value of your home. In this fast-paced world where every square inch counts, a well-designed and thoughtfully organized walk-in closet is the ultimate luxury.
Imagine having a dedicated space for all your clothes, shoes, accessories, and more, with everything neatly displayed and within reach. No more wasted time searching for misplaced items or settling for subpar storage solutions. With a custom walk-in closet, you can maximize your space, enhance your daily routine, and add undeniable value to your home.
A cluttered home can be a source of stress and frustration. The lack of organization and storage space not only makes it difficult to find what you need but also creates a visually unappealing environment. This is where the importance of a well-designed walk-in closet comes into play. A custom walk-in closet provides an organized and efficient solution to store and display your belongings. It allows you to maximize your space and keep everything in its place, making your daily routine more efficient and enjoyable.
Not only does a custom walk-in closet provide ample storage, but it also enhances the overall aesthetic appeal of your home. With carefully designed shelving, hanging rods, drawers, and compartments, you can showcase your clothes, shoes, and accessories in a way that reflects your personal style. A clutter-free and visually appealing walk-in closet can effortlessly elevate the entire look and feel of your home.
Investing in a custom walk-in closet is not just about creating a beautiful and organized space; it's also a long-term investment that adds value to your home. Potential buyers are increasingly seeking homes with functional and stylish storage solutions. A custom walk-in closet can significantly increase the desirability and value of your property, making it a wise investment both for your current enjoyment and future resale potential.
If you’re asking does a custom walk-in closet increase the value of your home, you might be asking yourself:
Is it Worth Updating Your Kitchen to Sell the House?
and Does Replacing Carpet Increase Home Value?
When it comes to maximizing your space and home value, a custom walk-in closet offers numerous benefits. Let's delve deeper into why investing in a custom walk-in closet is a game-changer for your home:
1. Ample Storage Space
One of the primary advantages of a custom walk-in closet is the abundance of storage space it provides. Unlike traditional closets, a walk-in closet allows you to utilize every inch of available space efficiently. With customized shelving, hanging rods, drawers, and accessories, you can create a storage solution tailored to your specific needs. From clothing and shoes to handbags, belts, and jewelry, a well-designed walk-in closet ensures that everything has its designated place, making it easier to find and access your belongings.
2. Enhanced Organization
A cluttered and disorganized closet can make getting ready in the morning a stressful experience. With a custom walk-in closet, you can say goodbye to chaotic mornings and hello to a well-organized and efficient routine. The customizable features and layout of a walk-in closet allow you to categorize and arrange your belongings in a way that suits your lifestyle. You can have separate sections for different types of clothing, dedicated compartments for accessories, and even built-in laundry hampers or dressing areas. This level of organization not only saves time but also brings a sense of calm and order to your daily life.
3. Personalization and Style
A custom walk-in closet is an opportunity to express your personal style and create a space that reflects your unique taste. From the choice of materials and finishes to the design elements and accessories, you have the freedom to customize every aspect of your walk-in closet. Whether you prefer a sleek and modern look or a more traditional and luxurious feel, a professional closet designer can help bring your vision to life. The result is a custom walk-in closet that not only meets your storage needs but also complements the overall aesthetic of your home.
4. Increased Home Value
Investing in a custom walk-in closet is not just about enjoying the immediate benefits; it's also a smart financial decision. A well-designed walk-in closet adds significant value to your home, making it an attractive feature for potential buyers. In today's competitive real estate market, having a custom walk-in closet sets your home apart from the rest. It showcases the attention to detail and thoughtfulness in design, making your property more desirable and likely to command a higher resale value.
Before embarking on the journey of creating a custom walk-in closet, it's essential to assess your storage needs and space limitations. Consider the following factors to ensure that your walk-in closet meets your requirements:
1. Inventory and Clothing Collection
Start by taking stock of your belongings and assessing the amount of storage space you currently have. Determine how much space you need for your clothing, shoes, accessories, and any other items you plan to store in your walk-in closet. This will help you understand the size and layout requirements for your custom closet.
2. Space Availability
Evaluate the available space in your home for creating a walk-in closet. Measure the dimensions of the room or area where you plan to install the closet. Consider any architectural elements, such as windows or doors, that may impact the layout of your closet. Understanding the space limitations will help you design a closet that maximizes the available area while maintaining functionality.
3. Future Needs and Flexibility
Anticipate your future storage needs when designing your walk-in closet. Think about any lifestyle changes or additional belongings you may acquire in the future. It's always better to plan for a slightly larger closet than to outgrow your storage space soon after installation. Incorporating flexibility into the design, such as adjustable shelving or modular components, allows you to adapt your closet to changing needs over time.
The layout of your walk-in closet plays a crucial role in its functionality and overall aesthetic. Here are some key considerations when designing your custom walk-in closet layout:
1. Utilize Vertical Space
Make the most of your walk-in closet's vertical space by incorporating floor-to-ceiling storage solutions. This allows you to maximize storage capacity while keeping the floor area clear and open. Utilize tall cabinets, wall-mounted shelving, and hanging rods at varying heights to accommodate different types of clothing and accessories.
2. Categorize and Group Similar Items
Organize your walk-in closet by categorizing and grouping similar items together. This makes it easier to find what you need and maintains a visually pleasing aesthetic. Separate your clothing by type, such as tops, bottoms, dresses, and outerwear. Similarly, group shoes, handbags, and accessories together. Consider using dividers, bins, or baskets to further compartmentalize and keep everything in order.
3. Incorporate Lighting
Proper lighting is crucial in a walk-in closet to ensure that every item is visible and easily accessible. Natural light is ideal, but if that's not possible, opt for a combination of ambient, task, and accent lighting. Use overhead fixtures to provide overall illumination, task lighting for specific areas like dressing or makeup, and accent lighting to highlight certain elements or display pieces. Well-placed lighting not only enhances functionality but also adds a touch of luxury to your walk-in closet.
4. Balance Open and Closed Storage
Finding the right balance between open and closed storage is key to achieving an aesthetically pleasing walk-in closet. While open shelves and display racks allow you to showcase your favorite pieces, closed cabinets and drawers help keep clutter out of sight. Strike a balance that suits your personal style and storage needs. Consider using frosted or textured glass fronts for cabinets to add a touch of elegance while still maintaining a sense of privacy.
The materials and finishes you choose for your custom walk-in closet contribute to its overall look, durability, and maintenance requirements. Here are some popular options to consider:
1. Wood
Wood is a classic choice that adds warmth and elegance to any space. Opt for high-quality hardwood like oak, walnut, or cherry for a luxurious feel. Choose from various finishes, such as natural, stained, or painted, to match your desired aesthetic. Wood is durable and ages beautifully, making it a long-lasting investment for your walk-in closet.
2. Laminate
Laminate is a versatile and cost-effective option for custom walk-in closets. It comes in a wide range of colors, patterns, and textures, allowing you to achieve the look of natural materials without the associated costs. Laminate is durable, easy to clean, and resistant to moisture, making it a practical choice for a closet environment.
3. Melamine
Melamine is a popular choice for walk-in closets due to its durability and affordability. It's a synthetic material created by combining resin and paper, which is then pressed onto a substrate. Melamine comes in a variety of finishes, including solid colors and wood grain textures. It's easy to clean, scratch-resistant, and offers a budget-friendly option for those seeking a custom walk-in closet.
4. Glass and Mirrors
Glass and mirrors can add a touch of sophistication and reflectivity to your walk-in closet. Consider incorporating glass shelves, display cases, or mirrored doors to create a sense of openness and depth. Mirrors also serve a functional purpose by providing a full-length view for outfit assessments and dressing.
Custom closet accessories are a game-changer when it comes to maximizing storage and organization in your walk-in closet. Here are some essential accessories to consider:
1. Shoe Racks and Shoe Cubbies
Keep your shoe collection organized and easily accessible with dedicated shoe racks or cubbies. These accessories help keep your shoes visible and prevent them from getting damaged or lost in the shuffle. Consider adjustable shoe racks or rotating carousels to maximize space and accommodate different shoe sizes.
2. Pull-Out Drawers and Jewelry Trays
Pull-out drawers and jewelry trays are excellent additions to your walk-in closet, providing a designated space for smaller items like accessories, jewelry, and undergarments. These accessories help keep everything neatly organized and easily accessible. Opt for velvet-lined jewelry trays or dividers to protect delicate pieces.
3. Belt and Tie Racks
Keep your belts and ties organized and wrinkle-free with specialized racks or hangers. These accessories ensure that your accessories are readily available and prevent them from getting tangled or misplaced. Consider racks with adjustable hooks or rotating mechanisms for easy access and space-saving.
4. Pull-Down Clothing Rods
Maximize vertical space and make use of high ceilings with pull-down clothing rods. These innovative accessories allow you to bring your clothes down to eye level, making it easier to select and hang garments. Pull-down rods are particularly useful in high-ceiling closets or for individuals with limited mobility.
5. Valet Rods and Hooks
Valet rods and hooks are practical additions to your walk-in closet, providing a temporary holding space for clothes, accessories, or outfits that you plan to wear or try on. These accessories help keep your closet clutter-free and make getting ready a breeze.
A custom walk-in closet is not only a personal indulgence but also an investment that adds significant value to your home. Here's how a well-designed walk-in closet enhances the desirability and value of your property:
1. Increased Market Appeal
In today's competitive real estate market, potential buyers are looking for homes that offer functional and stylish storage solutions. A custom walk-in closet immediately sets your home apart from others on the market, making it more attractive to potential buyers. It showcases the attention to detail and thoughtfulness in design, making your property stand out and command a higher selling price.
2. Enhanced Resale Value
Investing in a custom walk-in closet is a smart financial decision as it increases the resale value of your home. Potential buyers are willing to pay a premium for a well-designed and organized walk-in closet. It's a feature that adds convenience, luxury, and an overall sense of elegance to the property. By creating a custom walk-in closet, you not only enjoy its benefits while living in the home but also reap the rewards when it's time to sell.
3. Differentiation in the Market
A custom walk-in closet helps differentiate your home from others in the same price range. It gives your property a unique selling point that can sway potential buyers in your favor. When faced with multiple options, a spacious and well-designed walk-in closet can be the deciding factor that sets your home apart and makes it the preferred choice.
4. Emotional Appeal
A custom walk-in closet appeals to buyers on an emotional level. It taps into their desire for organization, luxury, and convenience, making them envision themselves living in and enjoying the space. The emotional connection created by a custom walk-in closet can significantly impact a buyer's decision-making process, leading to a higher likelihood of a successful sale.
Designing and installing a custom walk-in closet requires expertise and attention to detail. Hiring a professional closet designer and installer ensures that you achieve the desired results without any hiccups. Here's why you should consider working with a professional:
1. Expertise and Experience
Professional closet designers and installers have the knowledge and experience to create functional and aesthetically pleasing walk-in closets. They understand the nuances of space planning, material selection, and installation techniques. Their expertise ensures that your custom walk-in closet is tailored to your specific needs while adhering to industry standards.
2. Customization and Personalization
Working with a professional allows you to customize every aspect of your walk-in closet to fit your unique requirements. They will listen to your needs, assess your space, and create a design that maximizes storage while reflecting your personal style. From the layout and materials to the accessories and finishes, a professional designer ensures that your custom walk-in closet is a perfect representation of your vision.
3. Efficient and Timely Installation
A custom walk-in closet is a complex project that requires precision and careful planning. Professional installers have the tools and expertise to execute the design efficiently and in a timely manner. They ensure that everything fits perfectly, aligning with the planned design, and handle any unforeseen issues that may arise during installation. This saves you time and stress, allowing you to enjoy your new walk-in closet without any hassles.
4. Quality Assurance
Hiring a professional designer and installer guarantees a high standard of quality in both materials and craftsmanship. They work with reputable suppliers and follow best practices in construction, ensuring that your custom walk-in closet is built to last. A professional will also provide a warranty or guarantee on their work, giving you peace of mind and assurance of their commitment to quality.
5. Comprehensive Service
Professional closet designers offer a comprehensive service that includes consultation, design, material selection, installation, and aftercare. They guide you through every step of the process, from initial brainstorming to the final touches. Their personalized service ensures that your custom walk-in closet is a seamless extension of your home and lifestyle.
6. Value for Money
Though working with a professional may seem like an added expense, it often proves to be a wise investment. Professionals have access to trade discounts and the expertise to optimize material usage, reducing waste and unnecessary costs. Their experience and insights help avoid costly mistakes and ensure that the end result aligns with your expectations, providing true value for your money.
Conclusion:
A custom walk-in closet is more than just a place to store your clothes; it's a symbol of luxury, organization, and efficiency. It provides a designated space for your belongings, adds aesthetic appeal, and significantly increases the value of your home. With thoughtful planning, high-quality materials, personalized design, and professional installation, a custom walk-in closet becomes a game-changer in maximizing your space and enhancing your daily routine.
Whether you're considering a custom walk-in closet for your personal enjoyment or as a strategic investment in your property, the benefits are undeniably rewarding. It's an upgrade that elevates your living experience and sets your home apart in the market. If you're ready to transform your space and indulge in the luxury of a custom walk-in closet, consult with a professional designer and explore the endless possibilities of creating a space that is uniquely yours.
Embrace the power of a custom walk-in closet and enjoy the satisfaction of a well-organized, visually appealing, and highly functional space that resonates with your lifestyle and taste. It's time to step into a world of elegance, convenience, and sophistication with a custom walk-in closet that celebrates you.
1. Ready to go look at a home? - just hit reply and let us know what you’d like a tour of and when. Or just click the ‘Schedule Showing ‘ on PersingerGroup.com
2. If you’re a first-time homebuyer - get your free guide, 7 Costly Mistakes Home Buyers Make, visit http://costlymistakeshomebuyersmake.com
3. If you’re SELLING your home - get access to our Get Sell Ready guide and checklist. It will show you how to get your home ready for sale without spending a fortune or wasting your nights and weekends updating and remodeling your home. http://getsellready.com
4. Start a Smart Moves Conversation with us… get clarity about what to do next, get your questions answered, your concerns are taken care of, and an action plan customized to your timeline. Schedule a call at http://smartmovescall.com or start a chat at http://m.me/persingergroup
You’ve just spent a bunch of money, and if you’ve done it yourself, time.
New sod is a great way to have a lush green lawn to add to the beauty and curb appeal of your home.
Maybe you’re doing it to rehab a lawn and want to establish the grass quickly. Or you’ve bought new construction.
That exceptional-looking lawn can only be achieved by taking good care of your new sod. Watering is one of the most crucial aspects of lawn care, but how long should you water your new sod for?
This post will dive into the best practices for watering new sod, allowing you to achieve the healthiest and most attractive lawn possible.
When you install new sod, it's essential to provide it with adequate water to help it establish strong roots. Proper watering helps the grass remain hydrated and nourished, which enables it to grow and spread evenly across your lawn. Without sufficient water, the sod will fail to thrive, leading to a patchy, brown lawn that's far from the lush, green oasis you envisioned.
During the first week after installation, your new sod requires frequent, shallow watering. This means watering the new sod several times a day, ensuring that the top one inch of soil remains consistently moist. This level of moisture will encourage the sod to establish roots in the soil quickly.
As you enter the second week, it's time to start reducing the frequency of your watering sessions. Reduce your watering to once a day, ensuring that the soil remains moist to a depth of 1-2 inches. This will promote deeper root growth, which is essential for the long-term health of your lawn.
By the third and fourth weeks, your new sod should be firmly rooted and ready for deeper, less frequent watering. At this stage, water your lawn every other day, soaking the soil to a depth of 3-4 inches. This encourages the roots to grow even deeper, enhancing the lawn's drought tolerance and overall resilience.
After the first month, your new sod should be well-established, and you can transition to a standard watering schedule. This typically involves watering your lawn once or twice a week, depending on your local climate and soil type. However, it's essential to remain attentive and adjust your watering practices based on your lawn's appearance and growth patterns
.
When we bought our new construction, the front yard already had sod put down. As many new construction homes in Post Falls do.
Unfortunately, the sod did not root.
Despite my efforts, it seemed like a wasted endeavor. All the water I had diligently poured onto it simply flowed down the sloping ground, eventually spilling onto the sidewalk and seeping into my neighbor's yard. But I wasn't ready to give up.
Determined to make things right, I decided to remove all the sod. I carefully pulled it out, knowing that a fresh start was necessary.
Next, I brought in new topsoil. I put down fertilizer in the new topsoil, to help the new sod get a boost.
Finally, it was time to lay down the new sod. I took it upon myself to do the job myself. Carefully unrolling each section, I fit them together like puzzle pieces, creating a smooth and beautiful lawn. From that point on, I took care of the new sod with dedication.
I watered it with the schedule I outlined above.
The sod finally took root and began to flourish.
It was finally a success.
It hasn't even been a year and the new grass is thriving.
Rooted solidly.
Growing in thick.
And spreading.
The Big Takeaway
Of course watering new sod is critical to the success of having a healthy lawn.
But without good topsoil, carefully laid sod, all the watering won't matter.
Make sure you have good top soil, healthy fresh-cut sod and that it's carefully laid.
Watering new sod correctly is crucial in ensuring that your lawn looks its best and maintains a healthy growth rate. By following the guidelines outlined above, you'll be able to provide your new sod with the optimal amount of water, enabling it to thrive and grow into a lush, green oasis. So, don't hesitate to invest time in watering your new sod properly - you'll be rewarded with a stunning lawn that's the envy of your neighbors!
Q: What is the best way to water new sod?
The best way to water new sod is to start by providing it with frequent, shallow watering during the first week after installation. Water the new sod several times a day, ensuring that the top one inch of soil remains consistently moist. During the second week, reduce the frequency of your watering sessions to once a day and ensure that soil remains moist to a depth of 1-2 inches. By the third and fourth weeks, your new sod should be firmly rooted and ready for deeper, less frequent watering; water every other day, soaking the soil to a depth of 3-4 inches. After the first month, transition to a standard watering schedule: typically once or twice a week depending on local climate and soil type. Be sure to adjust your practices based on your lawn's appearance and growth patterns as needed.
Q: Should I fertilize my new sod?
Yes, it is recommended to fertilize your new sod. Lawns need nutrients like nitrogen and phosphorus for growth and greening up. Fertilizers help to replenish these essential nutrients, giving the new sod a boost of energy to help it establish stronger roots and become green faster. It is best to wait until the third or fourth week when the roots are more established before applying fertilizer. Be sure to follow the directions on the fertilizer packaging for proper application instructions.
Q: How often, how soon should I mow my new sod?
It is best to wait at least 4 weeks before mowing your new sod for the first time. This allows the sod to establish strong roots and become well-established. After that, you should mow your lawn regularly (at least once a week) depending on how quickly it grows. Be sure to use a sharp blade as this will help the grass stay green and healthy while providing an attractive finish. Maintain a height of two to three inches throughout most of the growing season for best results.
By following these guidelines, you’ll be able to provide your new sod with all the care and attention it needs in order to thrive in its new home! With proper watering, fertilizing, and mowing, your lawn will remain lush and healthy for years to come.
Q: How long does it take for new sod to become established?
On average, it takes about 4-6 weeks for new sod to become established. During this time, it is important to provide the new sod with frequent, shallow watering during the first week and then reduce the frequency of your watering sessions as you enter the second week. By the third and fourth weeks, your new sod should be firmly rooted and ready for deeper, less frequent watering. After the first month, you can transition to a standard watering schedule: typically once or twice a week depending on local climate and soil type. Be sure to adjust your practices based on your lawn's appearance and growth patterns as needed.
Q: What is the best time of day to water my new sod?
The best time of day to water new sod is in the morning, between 6am and 10am. This will allow you to provide your lawn with the right amount of moisture before it becomes hot and dry outside. Watering during this time also helps reduce evaporation as well as disease problems that can arise from overwatering or watering too late in the day. Additionally, watering your new sod in the morning gives it plenty of time to absorb moisture throughout the day, enabling your grass to become firmly established fast.
Q: How do I know if my new sod is taking root?
It's easy to see if your sod is taking root. Gently pull up on one corner of the sod. If the roots are not fully developed, the plant will come out easily when lifted. If the sod is difficult to lift, it means that the root system has developed properly.
Bonus Material: A Free Guide That Helps You Get Sell Ready (18 Home Preparation Tips)
You have been looking for a new home but still, have your home. Many people suggest selling your home first before purchasing a new place. This can be helpful for finances, but it isn’t always the best route.
You can buy a house without selling yours first. You can have multiple houses and multiple mortgages. There may be a few obstacles or requirements before purchasing a new home that will be taken into consideration by either you or the mortgage loan companies.
You don’t even have to sell your home before purchasing the next one. You can use it as passive income, or you can sell it after you have moved into your new home. Here is everything you need to know when buying a new home without selling yours first.
Of course, you can! If you have the means and need to have a home purchased to move into, then you can buy a house before selling your current one. There are no rules that say you can’t buy another house when you already have one.
Buying a house is a big purchase, and this is why you will often see people sell their current house first before purchasing their next house. But there are many considerations to make when you decide to take this route with your real estate.
There are many benefits that come with buying a new house before selling it. This is why some people, especially those with families, like to buy a home and then move to sell their previous home. Here are some of those benefits:
These points are great when you have large pets and a large family. It can be difficult to find places to stay while searching for a new home. This eliminates that issue.
Although there are many benefits to buying before selling a home, there are some downfalls. Buying a home is a big purchase, and if you are not financially secure, it may not be the best decision to go with. Here are some downfalls to take into consideration:
If you haven’t paid off your current home, it could cause financial problems. Your mortgage company may need a plan on how you will pay for this, and you may not be approved for the new loan if you don’t have enough income compared to your debt.
Real estate can be unpredictable at times and is always changing. This can make it difficult to sell your current home, especially if you are trying to sell it fast. Unless you have someone already lined up, you could be sitting on your old home for months before someone buys it.
If you can buy a new home before selling your current one, you need to consider a few things when buying. Here are those considerations:
Sometimes selling your current home can be difficult. If you are having issues selling it and need a way to make income or pay its mortgage, you don’t have to just sit on the home. You can use it as a rental or even post it on websites like Airbnb.
By doing this, not only will you be more financially secure, you can have a passive income that requires little to no work while you still have it on the market.
Using your first home as a rental can be a temporary or a long-term commitment. This all depends on what you need or what your situation is. Most renters will be looking at a six-month or yearly contract.
You may want to start with a shorter-term contract in the beginning if you are new to renting out your home. This will help you decide if renting out your home is really for you and if you want to continue doing it or just sell it entirely.
If you need something more temporary than renting out your home, using it as an Airbnb can be a wonderful option. You can rent out the whole house or even rent out rooms. It is simple to sign up through Airbnb, and you don’t have to worry about long contracts.
If your home is in a prime location, many people will be booking in no time, and you will be earning more money from Airbnb than if you were to sign with a renter. The income could cover the mortgage or more.
There are always downfalls to renting out your home, whether to a renter or Airbnb. Here are some things to think about if you do want to take this route:
Buying a house without selling yours first can be very beneficial and easy on you, but it could also make it harder financially. Either way, this is a big investment, and you should consider all aspects when you decide to buy a second home before selling your first one.
If you want to talk about next moves, schedule a Smart Moves Conversation with us, or start a Smart Moves Chat right now.
Not ready for that?
Get free, instant access to our Get Sell Ready.
BONUS MATERIAL: GET OUR GET-SELL-READY GUIDE. 18 SIMPLE INEXPENSIVE THINGS YOU CAN DO TO GET YOUR HOME READY FOR SALE
Renovating and remodeling a house is often an exciting and fulfilling experience.
There is always something refreshing about transforming a space and making it uniquely yours. However, before embarking on a DIY remodeling project, it is crucial to understand certain remodeling mistakes that could cost you in the long run. In this post, we'll explore 16 common DIY remodeling mistakes and provide practical tips on how to avoid them.
Before embarking on a remodeling project, it's crucial to take time to plan and research. Make sure you create a budget, timeline, and have a clear plan of your vision for the space. It's easy to jump into the project with excitement, but this can lead to disastrous results. Without a solid plan, you'll be tempted to make impromptu decisions that might derail your project.
Details matter in a remodeling project. Not considering accessories such as switch covers, knobs, handles or outlet placement could affect your space's functionality and aesthetic.
A common DIY remodeling mistake is buying low-quality materials to save a few bucks. It may be tempting, but you'll end up spending more in the long run as cheap products won't last.
WARNING! - A big red flag for home buyers is when they see sloppy DIY projects. This is either the job done poorly or just low-quality products and materials. This can hurt the sale of your home. Trying to save a couple of hundred bucks now can cost you tens of thousands later.
DIY remodeling projects can be exciting, but it's essential to be realistic. Taking on multiple projects at once can lead to stress and burnout.
With a DIY remodeling project, it can be easy to become overwhelmed by the workload and timeline. This can lead to stress and frustration with the process. If not managed properly, this stress can consume you and make it difficult to enjoy your home as you're constantly preoccupied with the project.
Remember how long it took to get organized and unpacked when you moved in. Doing a DIY remodeling project can make it feel like that all over again.
You might be stepping over tools and equipment. You might not have a room with furniture, so you can't use or relax in that part of the house. You might not have a kitchen to use, so you're eating out all the time.
Check whether permits are necessary for the work you want to do and adhere to the local building codes.
Safety is crucial when remodeling. Failing to wear protective gear or operating tools incorrectly could have severe consequences. Ensure you follow the manufacturer’s directions to stay safe.
If you hire a contractor, be sure that you have written documentation, and understand what you are getting into.
It's crucial to take accurate measurements as errors can be costly. Measure twice, cut once.
It's common for renovations to cost more than anticipated. Have a realistic budget before starting and try to really stick with it.
It's necessary to identify electrical and plumbing needs before starting a project. Overlooking this detail can be costly and result in a poorly finished project.
The goal of a remodeling project should be to create a coherent space; ignoring specific details can make a space appear disjointed.
This is connected to not making an effort to blend new and old. People are quick to jump on the what's trendy bandwagon. Quickly destroying classic and timeless features.
When remodeling your home, it's essential to consider the classic and timeless features of the space. What’s trendy today won't necessarily be in style tomorrow, so it pays to invest in designs and products that will look good for years to come.
When it comes to furniture, prioritize quality over quantity. Investing in high-quality pieces that have a timeless style can help you achieve a beautiful look that won't look outdated after a few years.
It's also important to remember the value of classic building materials such as wood and stone, which will never go out of style. Rely on natural finishes with textures like natural brick, wood, metal, or stone rather than bright plastic accents for long-lasting appeal.
At the end of the day, a house is meant to be functional. Remodeling a space without considering its practicality defeats the purpose of a renovation.
Rushing to finish a project can result in a poorly done job. Ensure you take the time to do things correctly the first time around.
Major remodels mean major changes. In some cases, it may be better to move and start fresh in a new place. This can save time, money, and energy.
Don't forget about the exterior of your home when remodeling. The curb appeal of your home is just as important as its interior. This could be your yard, trees, garden. Or deck and patio. It could be making it a place for more recreation or just more living space.
By avoiding these common DIY remodeling mistakes, you’ll have a smoother transition as you renovate your home. Remember to assess the space before beginning any project to ensure it is done correctly. With careful planning and attention to detail, you’ll be able to enjoy the fruits of your labor for years to come.
Remodeling and updating for your own preference versus getting the home ready for the market are two different things. If you're thinking about reselling your home, consider prioritizing projects that give you the most return on your investment in order to maximize the value of your property.
The specifics of what will add value and appeal to potential buyers depend on factors such as location and budget.
Whatever project you choose to do, make sure it’s something that is both practical and aesthetically pleasing. This way, whether you decide to stay or sell, everyone who visits your home will appreciate the improvements you’ve made.
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