Realty Blog

Energy Upgrades to your Home

It just may be time to upgrade your home to a more energy efficient flow. As we head into 2018, you are in luck as it might just have become less expensive to do so.

For years California has seen an increase in energy efficient upgrades as homeowners have tied them to property tax bills. Fannie Mae’s has recently started a HomeStyle Energy program which is a mortgage option that will “allows borrowers to finance clean energy upgrades equal to up to 15 percent of the as-completed appraised value of the home” (Green Tech Media). Essentially, in turn for making energy upgrades to your home you will be able to lower your mortgage and save money on energy bills. What’s not to love?

There are a few important details to remember though. The upgrade to your home must be completed within 180 days after you have been issued a mortgage note. In addition, you must provide an energy report which indicates how much the borrower is saving monthly. If you’re willing to file all the paperwork and make your house energy efficient then you can expect to see your monthly costs drop dramatically!

What do you think of this program? Do you think it will encourage more people to make their homes energy efficient?

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📲 Buying or selling a home?

Give your Winning Team, The Lynch Group a call at (949) 842-5340 or GET IN TOUCH WITH US ONLINE

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Buying your dream home? Don’t do this!

Purchasing a home is a huge purchase, most likely the largest you will make during your lifetime. Avoid self-sabotaging and ensure your journey to home ownership goes smoothly every step of the way.

Here are three things you’ll want to avoid:

For Sale by Owner

Trying to sell your home by yourself is sheer madness. Your real estate agent will have your best interest in mind, gearing you in the right direction. This professional will guide you through the process including the piles of paperwork that can seem extremely overwhelming. Please contact GreenTree Properties and we will represent you all the way home.

New Lines of Credit

Your credit score can be a game changer. During contract you do not want to do anything that will impact your credit score. That includes buying a car, boat, or any other large purchase that has to be financed.

Along the same lines, your credit score needs to remain stable during the closing process. Opening new lines of credit can make your FICO score drop and send up a red flag to your lender. Avoid doing this at all costs!

Saying too much—and undercutting your negotiating power

Be careful what you say when you’re viewing a property at an open house or home showing. For instance, if the listing agent hears you say to your spouse, “I love this house, and it’s way under our budget,” the seller might try to play hardball when you try to negotiate on price. Keep private conversations private.

📲 Questions?
📲 Buying or selling a home?

Give your Winning Team, The Lynch Group a call at (949) 842-5340 or GET IN TOUCH WITH US ONLINE

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Why taking a ‘House-Selfie’ is the smartest thing you can do this year

Have you had your annual check up? These annual home maintenance to-dos can save you major headaches in the long run.

TAKE A HOME SELFIE!

Taking a photo of your home once a year is great for a few reasons.

  1. Compare how your home has evolved over the years, this helps to show future buyers the growth and maintenance.
  2. If you ever have a flood or outside damage, you have an updated photo of your home pre-incident.

TERMITE CHECK!

Checking for termites and catching these little critters early can be vital in saving you hassle and money later. Drywood termites live within the wood they consume and oftentimes infest walls and furniture. They are quiet and unless you are searching will be almost impossible to detect until it is too late. Hire an inspector to pop by once a year to do an overall inspection.

HUMIDITY CHECK!

If you have ever had mold at home, you know how important this maintenance tip is. Audit your humidity every year to ensure there is no ideal condition for mold growth.

Maintaining your home will keep costs down over time, and ensure you live in the best quality condition. If you need any local referrals for home maintenance, please contact us.

📲 Questions?
📲 Buying or selling a home?

Give your Winning Team a call at (949) 842-5340 | See what your home could sell for in 30 seconds, visit thelynchgroupoc.smarthomeprice.com

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