hand holding the word loans

Things They Don’t Teach in School: Home Loans 101

Before you start looking at what’s on the market and dreaming of paint colors, it’s important to figure out how you’re going to afford a new home. When it comes to getting financing, there are a ton of case-by-case scenarios so it’s important to talk to a professional about how much you can afford, what payments and terms are like, and more, but it helps to have a little background information.

When you begin to dig into your options, it’s important to ask about things like interest rates, whether they’re fixed or variable, if there’s a penalty for paying it off early, and many other details. However, to get started, it’s good to have some background knowledge on your options.
 
Conventional Loan
AKA: Conforming loans, non-conforming loans, portfolio loans, sub-prime loans
Property Type: Single-Family Primary Residence, Second home, rental property
How it works: A lender such as a bank or credit union issues the loan without any government backing
Benefit of Using: Can have lower down payment, lower monthly payments, and higher loan amounts for people with good credit
Down payment: As low as 3%
Credit: Generally best for people with a credit score of 680 or higher
Income Requirements: Varies by lender
Prepayment Penalty: Varies by lender
Mortgage Insurance: Not generally required with down payment of 20% or more, lower than FHA mortgage insurance costs, and is usually able to be cancelled with equity reaches 20%
Tips:

  • Standard loan limits exist, but are higher than with FHA loan ie. $453,100 for 1-unit home and can vary based on area

 
U.S. Federal Housing Administration Loan
AKA: FHA loan
Property Type: Single-Family, Condos, Multi-Family, and Manufactured
How it works: Private lenders issue the loans, FHA provides backing. If homeowner doesn’t repay loan, FHA will pay lender instead.
Benefit of Using: Lenders are willing to make substantial mortgage loans in cases they normally wouldn’t because of FHA backing.
Down payment: As low as 3.5% — can come from gift money or seller help
Credit: Can have thin credit or history of credit problems. Two or three years after a financial hardship is typically enough time to qualify.
Income Requirements: No minimum is required, but you need enough to demonstrate the ability to repay the loan. High incomes aren’t disqualified as with some other first-time buyer programs.
Prepayment Penalty: None
Mortgage Insurance: Required
Tips:

  • Check with several lenders. Lenders can set standards that are more strict than minimum FHA requirements, so if you’re having troubles with one, check with another.
    Credit scores below 580 typically require more than the 3.5% down payment
  • There are maximum loan amounts set that vary by area. Find out what your local limit is at the HUD website
  • For people with low or no credit, FHA can be a great choice, but those with high credit scores may find better rates through a different program.

 
USDA Rural Development Guaranteed Housing Loan Program
AKA: U.S. Department of Agriculture Mortgage Program
Property Type: Owner-occupied primary residences
How it works: USDA backs a mortgage issued by a participating local lender, similar to VA or FHA loans
Benefit of Using: Help low and very low income applicants. Income thresholds vary by region, but with subsidies, rates can be as low as 1%
Down payment: 0%
Credit: Applicants with scores about 640 receive streamlined processing, but those with lower scores or limited credit history can still qualify.
Income Requirements: Varies by region, but generally only for low income applicants.
Prepayment Penalty: None
Mortgage Insurance: Requires upfront fee of 1% of total loan amount and mortgage insurance fee equal to 0.35% of the loan balance per year.
Tips:

  • USDA mortgages are designed to help those with the greatest need. This means individuals or families that are 1) without “decent, safe and sanitary housing” 2) unable to secure a home loan from traditional sources and 3) has an adjusted income at or below the low-income limit for the area where they live
  • Typically issues direct loans for homes with 2,000 square feet or less
  • Metro areas are generally excluded, but some opportunities may exist in suburbs. Rural locations are always eligible

 
VA Loan
AKA: U.S. Department of Veterans Affairs Home Loan program
Property Type: Owner-occupied single family, Condos, manufactured home, and in some cases new construction can qualify
How it works: VA loans are issued by private lenders and backed by the U.S. government
Benefit of Using: Only available to active duty military member and veterans, this program helps service members purchase a home without a downpayment or excellent credit.
Down payment: 0%
Credit: No official minimum, but borrowers typically look for a score of 620
Income Requirements: No maximum, but does have a unique “residual income” qualifier
Prepayment Penalty: No
Mortgage Insurance: Not required
Tips:

  • In most parts of the country, VA loans can be used to purchase a home worth up to $453,100 without a down payment. In high priced markets, this can be increased. See your area here.
  • Like other government-backed loans, lenders may have more stringent requirements than the VA requirements. Shop around to find the best option for you.
market lake

#WinWithRealtyHive: Selling in Stiles

Everyone in real estate is talking about how hot the market is. In many areas, single-family homes can barely hit the MLS before an accepted offer is reached, but that isn’t always the case. In areas with more sellers than buyers, selling a home can take weeks or months if not years.

That’s what happened to one couple in Northern Wisconsin. They custom built their home in 2003 on a nice parcel of waterfront land. In Wisconsin, waterfront property is easier to find than in other states, however, it does still demand a premium price. Knowing this, the couple held on to their investment until January 2015 when they felt it was time to sell.

They enlisted the help of a local real estate agent in January 2015, but after 163 days the listing expired and was promptly renewed by another agent from a different firm. The next agent had the home on the market for 123 days and the sellers decided to hold off renewing the property listing for the holidays. In this area, at this time the average property only took 116 days to sell so the sellers were beginning to get anxious.

In February 2016, they chose a local “celebrity” agent to represent their home. This agent was well-known thanks to an impressive marketing presence, but still, after 156 days on the market, the home did not sell.

Throughout this process, the sellers and their agents had been lowering the sale price. While any real estate agent worth their commission will pull information on comparable homes and help properly price a home, sometimes it can be hard. There are differences in layout, views, upgrades and more that can make a substantial difference in what a buyer is willing to pay. Still, having an improperly priced home can not only make for a difficult sale outright, it can further harm the ability to sell even with price reductions because of the unattractively high number of days on the market.

After more than one year off the market, the sellers decided to try once more to sell their home. They enlisted the help of Alex Ryczek, a Realtor® with Micoley.com to help. In addition to making sure the home was properly positioned to sell with staging and professional photos, Alex encouraged the seller to try something new: using the RealtyHive platform to market and sell their property.

The RealtyHive event marketing platform allowed Alex and the sellers to expose the property to a global audience in addition to having range pricing displayed. Buyers who may have been deterred from making an offer too far from the original list price were encouraged to submit offers by seeing this range pricing and it helped the sellers realize the true market value of their home.

In total the home was listed for 442 days before it was added to the RealtyHive platform. After that, it only took 99 days to receive an accepted offer that met the sellers’ needs.

Do you have a property that could benefit from the RealtyHive platform? Learn more by click here!

wooded forest land

How to Write Quality Listing Descriptions for Forest Land

Writing a description for a plot of vacant land can be trickier than writing descriptions for other types of real estate. With a home there are a lot of features to mention, basics like number of rooms and floors, amenities and upgrades like security systems and pools, and when all else fails you can fall back on good photos to really help your property stand out. When you have vacant land, it’s a whole new ballgame. Unless the land features some amazing views, you will be heavily relying on a stellar description–lest your whole listing be based on photos of empty fields or dense trees. Here’s how to make your forest land listings shine!

As with any listing you’re needing to write a description you’ll want to start by listing the features of the property.

  • Great hunting land
  • Next to Shawano Lake
  • Paved road access
  • Power at the road
  • Access at two spots (can access hunting stands based on wind directions)
  • Walking trails
  • Close snowmobile trails, other lakes and rivers
  • Managed Forest Law
  • Mix of old growth trees, oak and conifer swamp land
  • Old foundation near road

 
Make sure to consider possible uses. Is this land buildable? Zoned for commercial, residential, or recreational? While there’s nothing there now, you’ll want to advertise the property in a way that will speak to the most likely buyer.

With the features listed above, you can begin to form a picture of what this property is like. Use this to start to string together a story. With home or building listings you want to be concise and keyword heavy, but with land you get to be a little more poetic.

Country living and hunter’s paradise within a stone’s throw of the popular Shawano Lake. This property is the perfect location for the active outdoorsman or nature enthusiast. Land has old growth hardwood and cedar swamp areas–just the type of place you envision those trophy Whitetails hiding out. With paved road access to the land from two separate entry points and walking trails throughout, you’ll be able to avoid detection while you slip into your hunting stand or blind.
 
This property is conveniently located from Shawano, Green Bay, and Appleton, Wisconsin– perfect for day trips, but a small residence is able to be constructed on a pre-existing foundation near the road to suit your lodging needs. When you’re not hunting, you’ll find excellent fishing, ATV and Snowmobile trails in the area making this a haven for year-round recreation.

You’ll also want to know about any potential incentives with this property. In some states or regions, the Department of Natural Resources has programs that incentivize landowners to selectively manage their forest and wildlife populations, and these programs can mean tax incentives for owners and purchasers. If the property is part of a managed forest land program currently, there may be a reapplication or transfer forms that will need to be filled out by the buyer.

Bonus Tip

Selling land can be very exciting, but also a test of your marketing skills. Having a great description, quality photos or videos, and knowing the right platforms to share your information on will help you achieve selling success.

How big of a home do you really need?

According the the U.S. Census Bureau’s 2016 Characteristics of New Housing, of the 738,000 new single-family homes completed in 2016 the median home was 2,422 square feet, nearly 1,000 more square feet than a home built 50 years prior! Homes in the United States have been getting larger and more spacious, but all that space comes with some downsides as well. As the population continues to age and prices on everything from building materials to cleaning supplies continues to rise, if you’re in the market for a new home, it may be a good idea to consider how much home you really need.
 



 
Requirement: Private Space Needs
Having a family of five move into a two bedroom home may be a challenge that leaves everyone a bit too close for comfort, but having too much space can be a problem as well. While it’s a nice idea to have a little extra room for guests, it’s important to balance that desire for space with the practicalities of maintaining a large home.

Consider: Try looking at different home layouts. If you like the idea of extra bedrooms because it creates a privacy buffer, try looking at a split home design where the bedrooms are on opposite sides of the home. Likewise a split level may offer you the same privacy without adding a lot of costly extra square footage.

 


 
Requirement: Shared Space
Homes with both a family room and living room or parlour/den/reception room have come and gone many times in home design. Some homeowners value the space this adds, as it allows entertaining for multiple groups at the same time, while others seldom use it.

Consider: If you’re the type of person who enjoys alfresco dining or reading on the porch, look at homes that make the most of outdoor spaces. You may be able to shave off some space (and the money involved with it) by finding a home that has the shared space you desire in an outdoor or semi-outdoor setting.

 


 
Requirement: Easy Maintenance
Whether you’re looking for a seasonal home or just wanting to ease your choreload, downsizing might be the way to go. Large homes, while beautiful, have more area which means more space to dust, vacuum, and repair. It also means more wear and tear on systems such as furnaces or air conditioners that have to work harder to heat and cool larger spaces.

Consider: Maintenance is a fact of homeownership. Looking for homes that are well-built and have newer fixtures can help to lower this cost (as will buying a home warranty at time of purchase), but there’s no guarantee you’ll be in the clear.

 


 
Requirement: Low Monthly Cost
In many places, the cost of owning a home is less than renting, even when taking mortgages and maintenance into account. While the price of a home is based on a variety of factors, higher square footage does tend to drive the monthly (and overall) price up. A larger home will also require more cleaning supplies, more furnishings, and more upkeep which can add to the overall cost.

Consider: In real estate, there’s typically a pick two scenario between home size, location, and price. If you’re wanting a large size in a great location, you’ll have to pay a premium price. If you’re wanting a great size and price, you’ll have to be flexible on the location, and so on. If price is a key decider for you and the location isn’t negotiable, you’ll probably have to consider a smaller home.

Beautiful and functional homes come in all shapes and sizes. By choosing a smaller home you may be able to save yourself the costs and hassles typically associated with large homes.

Curious to see the size of a new construction home the year you were born? Find out with this cool tool!

pen about to sign an agreement contract

New Hope for Home Ownership Through Land Contracts

In some places in the U.S., land contracts are common. Land contracts, a form of seller financing, are written legal agreements used to purchase real estate. These agreements work similar to a standard mortgage, but rather than borrowing money from a bank or lender to buy the property, the buyer makes payments to the current owner (seller) until the full purchase price is paid.

With a land contract, both the buyer and seller sign the agreement which covers the terms and conditions of the sale. Upon the satisfaction of all contractual terms, the legal title of the property transfers from seller buyer. This arrangement also protect both the buyer and seller during the process by creating what is know as an “equitable title” meaning that the seller can’t sell the property to someone else or have any liens placed on the property, but the buyer will not have the full “legal title” until all contractual obligations are met. These agreements can be advantageous for both the buyer and the seller in ways that traditional financing is not.

One of the biggest advantages of using a land contract is that it allows the eventual purchase for buyers who may not be able to obtain standard financing due to credit history or other reasons. Instead of paying a mortgage company each month, the buyer pays the seller directly. For sellers, this can be advantageous as they can typically raise the overall purchase price on the property due to the land contract arrangement. Also, in the event that a buyer doesn’t make payments (defaults) on the land contract, the seller is entitled to keep any payments made by the buyer, the property itself, and they’re free to sell the property to someone else. In tight real estate markets where there aren’t a lot of buyers, sellers can offer these land contract arrangements as a bargaining tool to entice more buyers to their property.

Land contract arrangements don’t come without disadvantages. Buyers can find themselves paying a higher overall purchase price than the value of the property, sometimes higher than would be with the interest from a traditional lending source, and can be left with a worthless “equitable title” in the event the seller defaults on the mortgage of the property and is foreclosed on. Sellers can be put off by these arrangements as they do not receive a lump sum payment as would happen with a cash or traditionally financed sale which can restrict their ability to re-invest the money from the property sale.

The rules and legalities involved in land contracts vary from state to state and as with most things in the real estate world, nearly everything is negotiable. These arrangements can be mutually beneficial, but it is important to have any agreements reviewed by a trusted legal professional before they are signed.

pregnant wife moving boxes

Big Changes Ahead: Why to Consider Moving before Baby

When you’re living in a house without children, you take certain things for granted. No food in the fridge? Chinese takeout or pizza it is! Have a sharp corner on a table or counter? Just avoid it (or swear at yourself when you stub a toe, your choice)! When you find out you’re going to have a baby, everything changes. You have to start planning for things like nutritious meals and safety precautions. Your perspective starts changing as well. Instead of loving your downtown apartment where you could walk to all the great bars and clubs, you might be thinking that a home in the suburbs is more your style. Maybe you want a backyard for your kids to grow up in or sidewalks where they can ride their bikes.

It might seem strange, if not completely insane, to make the choice to buy a home when you have a baby on the way, but it can actually be the perfect time. While you should not buy a home before you are ready (if you’re not sure, check out this article ) if you are ready financially, pregnancy could be the perfect time to buy a house!

 
man looking at pregnancy test
 
The Push You Need
It can be hard to find a house that is right for you. It can be very easy to decide to wait until the holidays are over, then wait until winter is over, then wait until you’re done with this-or-that, then wait until…whatever comes next. Knowing that you have big life changes (and new real estate needs!) could be exactly the push you’ve needed to spring into action.

 
crying baby
 
No Use Crying Over Spilled Milk (or lost houses)
Assuming you’re looking to buy a home from someone you don’t know, you’ve got to be ready to act in this hot market. Inventory of available homes is low and homes within certain price ranges are flying off the market at incredible speeds. If you’ve got a high budget for your area, you’ll probably have a bit more time to scoop up a property you like, but if you’re in a hyper-competitive market you may need to be ready to see a property on a whim. This can be difficult to impossible when dealing with the napping, feeding, and changing schedule of a baby so being able to do this before baby comes could be your best option.

 
baby decorations
 
Use Nesting to Your Advantage
Imagine having to clean your home to a spotless finish, deep clean a new home to make it “yours” and decorate a room for baby. Now imagine doing this with an almost-superhuman sense of smell and attention to detail. Welcome to nesting. Nesting can show itself in a variety of forms, from decorating a nursery to cleaning the kitchen with a toothbrush, and if you choose to move during this time it can be a godsend. Where you normally wouldn’t think twice about what’s behind the oven, how much dust is on the inside of the light fixtures or if a color “soothes” you, the nesting urge will help boost your desire to clean and decorate.

 
dad sleeping with baby
 
[Physical and Emotional] Labor of Love
While it might seem like it makes more sense to wait until you’re physically recovered from childbirth to move so you’re able to help in ways you can’t while pregnant, that might take longer than you think. Having a baby takes a huge physical toll on a female body and a huge mental toll on both partners. It could take weeks, if not longer to heal from the physical act of giving birth and then you’ll be working with the challenges of new sleep schedules and routines as well as all the needs of a newborn. This could push back your plans even more, so it might be a good choice to home shop while it’s still just the two of you.

 
pregnant wife moving boxes
 
[Physical] Labor of Love Part 2
No one likes to move. Few people like to pay for services they can do themselves, but baby bumps and heavy lifting do not mix. If you were on the fence about calling in friends or a moving company to help, this can be your deciding factor. You’ll get to move without having to move.

 
man and woman holding hands with baby shoes
 
Saving Your Bottomline
Depending where you live and what your financial situation looks like, you could save money by purchasing a home. While this isn’t possible for every person in every real estate market, oftentimes mortgages are comparable, if not less expensive, than paying rent. Homeownership comes with the added bonus of building equity which helps you to get more money for your house when you sell than you paid for it. Babies are expensive. Saving money by reducing your cost for housing might be exactly the right thing for you.

 
trendy loft with open stairs
 
New Priorities = New Home
Even if you already own a home, being a parent will change your preferences, priorities, and requirements. While in your childless days you might have enjoyed living in an interesting, multi-level home with a narrow spiral staircase, as a parent that same design will make you a nervous wreck. Can you block the stairs so a newly crawling baby won’t fall? Is the master suite on the same level as the nursery or will you have to navigate the stairs (while half asleep) to comfort a crying infant? What about school district? Daycare? Your new priorities will shape your preferences on what kind of house you need and where it should be located.

Whether you’re expecting or not, you can find your next home on the RealtyHive marketplace. Find your new home by searching here

for sale sign in front

Take It or Leave It: What You Need to Know about Real Estate Fixtures

Close your eyes and pretend you’ve sold your home and are getting ready to move out. Imagine your living room. You see the empty space where your couch was, the blank space where the television was mounted, and the bare windows once covered by full curtains. Wait a minute, make that a nearly blank space where the tv was and the almost bare windows because unless you included it in your selling agreement, the wall mount for your television needs to stay as do any blinds and curtain rods. You can take the curtains, though! Seem strange? Welcome to the wild world of real estate fixtures!
 

empty house

 

What is a Fixture?

When you hear the word fixture, what do you think of? Most people associate things chandeliers or track lights or plumbing fixtures like faucets, sinks, toilets, but in the real estate contract world a “fixture” is typically considered an item of property which is physically attached to or so closely associated with land or buildings so as to be treated as part of the real estate.

While this varies on a state-by-state basis, this can include, without limitation, physically attached items not easily removable without damage to the premises, items specifically adapted to the premises, and items customarily treated as fixtures. This is where working with an experienced real estate agent can be really beneficial because they can help navigate what is considered a fixture and write a contract that will allow you to keep or sell what you want.
 

faucet

 

What are some examples of Fixtures?

Fixtures can be found inside and outside your home. Outdoor fixtures include, but are not limited to:

  • Garden bulbs
  • Plants
  • Shrubs and Trees
  • In-ground sprinkler system and component parts
  • Fences
  • In-ground pet containment system (but not the collars)
  • Storage buildings on permanent foundations
  • Docks/piers on permanent foundations
  • Attached antennas and satellite dishes
  • Awnings

 
Indoor Fixtures can be items such as:

  • screen and storm doors and windows
  • electric lighting fixtures
  • window shades
  • curtain and traverse rods
  • blinds and shutters
  • central heating and cooling units and attached equipment
  • water heaters, water softeners and treatment systems
  • sump pumps
  • attached or fitted floor coverings
  • audio/visual wall mounting brackets (but not the audio/visual equipment)
  • garage door openers and remote controls
  • installed security systems
  • central vacuum systems and accessories
  • built-in appliances (like a dishwasher)
  • ceiling fans

 

empty home ready for moving

 

Do I really have to leave all this behind?
The beauty of real estate transactions is that nearly everything is negotiable. If there’s something that holds special meaning for you or you want to bring into your new home (or inversely, something that you want to include in the sale or leave behind) all you need to do is write it into the contract and it’s as good as done.
 

satellite on top of house

 

What about things I rent, not own?
You MUST remember to write into the contract that you will be keeping any rented items. This might seem like a no-brainer, but it can be very easy to forget about something like an L.P. tank or water treatment system. If this is omitted from the purchase contract, you could be held liable to purchase this item from the rental company and give it to the buyer of your property since without an exception written in the contract it should be theirs. This small oversight can be one costly mistake!

One of the best ways to avoid the headaches that can come with selling a home is to enlist the help of a professional real estate agent. In addition to helping you get top dollar for the sale of your home, they can help you navigate the sometimes complex world of real estate law and make sure you’re staying on the right side of the law!

Home for sale in need of listing descriptions

How to Write Listing Descriptions That Don’t Suck

While most real estate agents love working with people and looking at homes, writing listing descriptions tends to be a necessary evil of the job. Some agents can put pen to paper and make it sing, while others can barely strings together a coherent sentence. It can also depend on the home. Some homes have so many great features it’s easy to describe them, but for simple or not-so-nice homes, it can be a real challenge. Here’s how to write a winning listing description.

Make a list of the cool things about the property. What exactly this means will change as you can call out certain features that make this property stand out from others nearby. For this you don’t want to worry about characters or sell-able features this is just to get you up and running. Make sure to pay attention to features both inside and outside the house and think about utility throughout the year (ie don’t forget about a beautiful backyard just because it’s currently covered in snow!)

front of home

Exterior Features
-Association Lake (stocked with fish and good for lite recreation)
-Tiered backyard
-Private balcony from suites (2)
-Garage door leading to the backyard
-Sunroom/3 seasons leading to backyard with bar area
-Paver patio
-Right in front of beach area (shared)
-Right in front of the shared dock
-Near tennis courts
-Near firepit

-2 car attached garage

Interior Features
-Skylights
-First-floor laundry
-Tons of windows/light

-Pocket doors for privacy
-Hardwood floors
-Fireplace
-Built ins
-Kitchen with island, lots of storage and counter space
-Bricked/built-in stove area
-Breakfast nook adjacent to kitchen
-Office

-Window seats
-Crown molding
-Ceiling fans
-Some vaulted ceilings
-Closets with built-in shelving
-Finished basement
-5 bedrooms ( 2 are suites)
-5.5 bathrooms

After you’ve got your list together, go through and highlight some of the best, brightest, and most unique. This will be your starting point. To start writing, focus on the interior or exterior (whichever you have more to talk about) and work your way to the other.

  • staircase
  • sunroom
  • built-ins in office
  • kitchen
  • fireplace and livingroom
  • living room
  • loft area
  • blue bedroom
  • window seat

This property has a lot of great features inside so we’ll start that.

The beautiful 5 bedroom, 5.5 bath home is full of light and has the perfect balance of private space and room to entertain! Enter through the double front doors and you’ll find a living room, den/office, formal dining room, kitchen with breakfast area, and a heated three seasons room overlooking the spectacular backyard. Each room has special features and upgrades from the brick fireplace in the living room to the dry bar in the three seasons room to the built-ins throughout. The chef in your life will love the kitchen with ample storage and counter space as well as the brick alcove which houses the gas stove, separate oven, and more storage.

Then move to the other areas of the home. If it’s a single story or very basic home, you may not even need this part.

Near the kitchen, you’ll find the first-floor laundry/mud room with access to backyard as well as a secondary staircase leading to the second-floor bedrooms. The second story features two suites, a Master suite and Mother-in-Law on opposite ends of the home, each with a private balcony. Master also includes a fireplace and jetted tub with separate stand-alone shower. Also located on the second floor are additional bedrooms, bathroom, and common area with skylights which overlooks the backyard.

Follow up with a little about exterior (or interior, whichever you haven’t already covered).

You’ll enjoy the paver patio with covered awning in the back of the home and convenient location just steps from the association-maintained beach, dock, fire pit with seating, and tennis courts. The two car attached garage includes an overhead door leading to the backyard–ideal for easy access!

Now drive it home with any updates or features that sell, but don’t photograph well, like a boring, but finished basement.

This home has been meticulously cared for and updated throughout the years and includes updates to the forced air, radiant heating and central air systems. Also includes hardwood floors with in-floor heat and a finished basement with daylight windows and bar/rec area with wine room.

There is no reason to finish with a “This is a must-see!” or “Won’t last long!” or any other jargon or overused call to action terms. While these used to stand out, now they just sound dated and get skipped right over.

Perfect! You now have a unique and creative listing description, but it’s a bit long. If you’re dealing with a listing site that has a character limit, you’re going to have to tighten it up. First, copy your full listing description.

The beautiful 5 bedroom, 5.5 bath home is full of light and has the perfect balance of private space and room to entertain! Enter through the double front doors and you’ll find a living room, den/office, formal dining room, kitchen with breakfast area, and a heated three seasons room overlooking the spectacular backyard. Each room has special features and upgrades from the brick fireplace in the living room to the dry bar in the three seasons room to the built-ins throughout. The chef in your life will love the kitchen with ample storage and counter space as well as the brick alcove which houses the gas stove, separate oven, and more storage.

Near the kitchen, you’ll find the first-floor laundry/mud room with access to the backyard as well as a secondary staircase leading to the second-floor bedrooms. The second story features two suites, a Master suite and Mother-in-Law on opposite ends of the home, each with a private balcony. Master also includes a fireplace and jetted tub with separate stand-alone shower. Also located on the second floor are additional bedrooms, bathroom, and common area with skylights which overlooks the backyard.

You’ll enjoy the paver patio with covered awning in the back of the home and convenient location just steps from the association-maintained beach, dock, fire pit with seating, and tennis courts. The two car attached garage includes an overhead door leading to the backyard–ideal for easy access!

This home has been meticulously cared for and updated throughout the years and includes updates to the forced air, radiant heating and central air systems. Also includes hardwood floors with in-floor heat and a finished basement with daylight windows and bar/rec area with wine room.

Then go through and highlight the items that can’t be found elsewhere. If characters are limited, there’s no reason to describe things you can obviously see in the pictures or that’s included elsewhere in the listing like the number of bedrooms or square footage. Once you have your best parts highlighted, copy them below, take out all descriptive words (great, beautiful, spacious, etc) and edit to make sense. If you’re still taking space, you can follow these tips for more ruthless editing: 1) Limit number items in a list 2) take out transition words (also, as well as, etc)

full of light and has the perfect balance of private space and room to entertain Each room has special features and upgrades from the brick fireplace in the living room to the dry bar in the three seasons room to the built-ins throughout the first floor laundry/mud room with access to backyard as well as a secondary staircase leading to the second floor bedrooms. The second story features two suites, a Master suite and Mother-in-Law suite on opposite ends of the home, each with a private balcony. Master also includes a fireplace and jetted tub with separate stand-alone shower. Also located on the second floor are additional bedrooms, bathroom, and common area with skylights which overlooks the backyard. enjoy the paver patio with covered awning in the back of the home and convenient location just steps from the association-maintained beach, dock, fire pit with seating, and tennis courts.updates to the forced air, radiant heating and central air systems. Also includes hardwood floors with in-floor heat and a finished basement with daylight windows and bar/rec area with wine room.

Now look what you’re left with and trim as needed.

Full of light with a balance of private space and room to entertain! Each room has upgrades from the dry bar in the three seasons room to the built-ins throughout. First floor laundry/mud room has access to backyard and second story features Master suite and Mother-in-Law suite on opposite ends of the home, each with a private balcony. Paver patio with covered awning in the back of the home is just steps from the association-maintained lake and tennis courts. Updates to forced air, radiant heating and central air systems and has hardwood floors with in-floor heat, finished basement and bar/rec area with wine room.

Congratulations! You have created a listing description that is sure to attract attention! Remember that many sites are keyword-optimized so using terms that people in your area will be searching as well as not abbreviating (when not needed) will be to your advantage. Pair your new and improved listing descriptions with some high-quality photos and you’re sure to see a boost in activity on your property.

#Adulting: Landscaping for People Who Kill Everything

There’s usually no defining moment that stands out as “The Day I Learned to Landscape” so it’s typically long and arduous process filled with errors, aha! moments, and usually a handful of dead plants. When you first buy your home it’s easy to envision how it will look with window boxes filled with flowers and a vegetable garden in the back, but if your thumb is more brown than green, you may want to slow down.

Like the ability to drink black coffee or appreciate contemporary classical music, landscaping seems to be one of those things you magically get better at with age. One day it’s a sea of sugary frappuccinos and dead houseplants, and the next, it clicks. Your once bitter coffee is now mind fuel and your once wilted potted plants become a bed of flowers.

Or something.

Either way, your new home is lacking landscaping and you don’t really want to spend all your money on plants you’re probably hopefully not going to kill. So what’s a new homeowner to do? It’s time for some outside #adulting.

 

woman smelling flowers

 

Be Realistic
Sure, you might dream of an insta-worthy backyard filled with the lush orchids you saw on your honeymoon in the islands, but you’re not getting hibiscus in Minnesota. Not outdoors and not easily. Likewise you might dream of a big ol’ sugar maple you can tap in the spring and watch grow over the years, but that’s simply not going to happen if you live in Arizona.

The goal is to find something that works well for your climate. If you find things that can grow wild where you live and you’ll know you’re on the right track. Local horticulture and gardening groups will be your best resource to find plants that are hearty and well-suited for your particular area.

 

people's feet while looking at garden

 

Enlist Assistance
The do-it-yourself trend makes it easy to believe that after reading some articles and watching some videos, you can figure out pretty much anything. While that might lead to some success when it comes to fixing a washing machine or opening a wine bottle without a corkscrew, if you use that same mentality for gardening you’re apt to fail. Don’t get us wrong, do-it-yourself gardening is a great way to really get your hands dirty (literally) and learn about what you’re doing, but do-it-yourself shouldn’t mean do-it-by-yourself. If you’ve got a habit of killing your plants or you don’t know where to get started, enlist some help. If there’s a local gardening or horticulture group you can join, great! If not, look for Facebook or other online social groups in your area. These groups tend to be filled with gardeners of all skill levels and they can be more than happy to help you figure out where to start or what comes next.

 
woman in shrubs
 

Don’t Pick Things That Will Die
If keeping your house looking fresh and landscaped throughout the year is important to you, you’ll want to pick things that look good for most of the year. While blooming flowers are pretty, they only last for a few months max and then you’re left with barren space. Expert gardeners and landscapers are able to plan so that each spot has the appropriate flowers for each season, but if you’re starting out you may want to consider shrubs instead. Shrubs are designed to be hearty, add color, and last year round making them a much better value as well as easier to care for.

 
woman walking in garden nursery
 

Read the Directions
So you know what to plant according to where you live, but you’ll need to do a little more research before you can just put the plant in the ground and call it a garden. Does your plant need more sun or shade? Does it like a lot of water or would drier be better? Plants bought as nurseries or big box store gardening sections tend to have this information available–sometimes right in or on the pot you take home. Read and heed these directions, that’s the best way to ensure your plant will thrive.

If you try these tips, and still have trouble cultivating the garden you desire, remember the words of Janet Kilburn Phillips,

“The are no gardening mistakes, only experiments.”

homes in a row

5 Things to Ask About Homeowners Associations BEFORE You Buy

According to the Community Associations Institute, approximately 63 million Americans are a part of a Homeowners Association (HOA), a number that is expected to rise in the coming years. While these HOAs govern nearly 25 million families, many first time homebuyers have never lived in an area controlled by the rules of a homeowners association, often called Covenants, Conditions and Restrictions (CC&Rs). While there are some things that won’t take most residents by surprise or drastically affect your daily life, like a no-glass-by-the-pool rule, there are other things that you don’t want to find out about after you’ve signed the papers for your new home, like a $500/month HOA fee. If you find out that the home you’re looking at is governed by an HOA, here are some things to dig a little deeper into.
 
us dollars and calculator on phone
 
Money Matters

Before you even began looking for homes, you probably met with a mortgage loan officer. These professionals help you figure out what you can afford based on your current income and debts and can even help you factor in what your total monthly costs will be when considering tax and insurance payments. If you live in an area where HOAs are common, they will also help you factor that into the calculations, but if these are not common in your area, they can easily be forgotten. These dues average $200-$400 per month, which can put the squeeze on your budget if not planned for. Make sure you find out right away if the home you’re looking at will have this extra expense and adjust your search accordingly.

Ask to see the financials of the HOA before deciding on a property. You should take a look at the last few years (to see what’s been done and how the fund has been managed) as well as the current and any upcoming approved budgets as well as reserves, if possible. This information is important to know because anything that the association is in charge of maintaining/repairing that isn’t in the budget, but is in noticeable disrepair, will either a) not be fixed/maintained/replaced or b) will only be fixed/maintained/replaced through a special assessment.

On this same note, ask if there have been any special assessments in the past (and what for) as well as if there are any planned for the future. A special assessment is essentially a charge for an upgrade that is split by everyone in the HOA be it a community workout facility, sidewalks, or something else. Rather than spread these payments over a period of time by working them into the HOA budget, these are lump sum payments due by every homeowner and can add thousands of dollars (unexpectedly!) to your total cost. Additionally, you’ll want to ask what the history of dues increases are and if the association is planning an increase in the foreseeable future.
 
analytic charts on tablet
 
You (Sometimes) Get What You Give

While the prospect of paying a fee per month on top of your house payment might sound like an awful arrangement, it can actually still be a financially beneficial situation for you. HOA dues are designed to care for amenities like sidewalks, pools, and other shared spaces, but sometimes they cover services like electricity, internet, or even certain types of insurance as well. Each HOA is different and is ruled by a different set of CC&Rs so it’s important to clearly understand what your dues will go towards and how that can shape your budget.
 
booted legs standing near keep off the grass sign
 
Know the Rules

One of the best parts of owning your home can be the freedom to decorate, renovate, and personalize as you wish, but if you’re part of an HOA, you might be giving some of that up. Many Homeowner Associations have rules dictating the physical appearance of your home from what style of windows you have to what kind of landscaping you need to where you can store your garbage bins. If you’re not willing or wanting to abide by these rules, then you are better off looking at another property. These restrictions can cover anything from the color scheme of your home to the length of your grass to whether you can keep pets, so it’s very important you know, understand, and agree with their rules.
 
hands shaking in front of multiple individual portraits
 
Guess Who’s Coming to Dinner

You’ll want to also ask about the number of units/homes in your HOA that are owner-occupied, renter-occupied, and unoccupied. Unoccupied properties mean that the HOA budget will most likely underfunded and therefore planned renovations and improvements can be pushed back or will need a special assessment to be funded. Renter-occupied properties are not inherently bad, but may lack the upkeep that an owner-occupant would and some lenders may have require that fewer than 25% of units are renter-occupied. In short, if you’re going to be a part of a Homeowners Association, you should know who you’ll be living and working with.

These are just a few of the considerations when looking at a home located within HOA-governed area. Working with a real estate agent who you trust and who knows the area well will be your best way to avoid any costly and disappointing surprises.