Archive for the ‘Uncommon Useful Knowledge’ category

Welcome 2012!

January 14th, 2012

The Kunselman Team is ready to run into 2012 with our continued philosophy of providing as many individuals and families with at least one way of improving their current situation! On that note, in addition to being available to YOU at YOUR CONVENIENCE with any of your MORTGAGE QUESTIONS OR NEEDS, we will be providing monthly tips and information for you to use on a daily basis, from many local sources. We will also include discounts or coupons to these local companies.  You never know when an opportunity will present itself where you may want to refinance your current mortgage or purchase a new home!

Our intention is to help you make sure that you and your home are always in buy/sell condition!

Look for tips and information on topics such as:

  • Extending the life of your existing flooring
  • Effective ways of credit repair
  • Mudjacking services (Raising sunken concrete)
  • Staging and Décor ideas for selling a home
  • Moving and storage services
  • Keeping your home energy efficient
  • Safety in your home
  • Any many more!

Look for this section every month in your newsletter insert. As always, feel free to let us know what you would like to see in this section that would be helpful to your daily life at home.

Retire with Real Estate

November 4th, 2011

When people talk about saving for their retirement, most people are referring to an IRA or 401K.  These are some of the most common ways that people will start saving for retirement but have you ever considered investing in real estate for your retirement?  While the idea of being a landlord may not appeal to some, I would like to point out some good reasons to consider real estate as part of your future retirement strategy.

1.      Rental properties are like an investment that someone else pays for. The tenants of your rental properties are going to be helping you pay off the mortgage on the property.

2.      Rent is inflation proof…kind of.  Rents are one of those things that tend to follow inflation pretty closely.  As inflation goes up, so will rents.  Also, during tough economic times, more people rent than buy which will also drive rents up.

3.      If rents start to drop, it is probably because more people are buying which means you should be able to sell the property for a premium.

4.      People will always need a place to live.  If you own a stock and you sell it today, there is no real need to buy any more stock.  If you sell your home today, you have a real need to either buy another property or rent.  This ensures that there is always a market of the landlord.

As I said earlier, owning rental property may not be for everyone, but for those who are tired of seeing their retirement accounts get beaten up in the stock market, it may be worth taking a look at real estate.

Give us a call today so we can help get you qualified to start buying your first rental.

The Kunselman Team (303) 578-2468

Tips from an Expert Home Stager – Engaging the Senses

August 19th, 2011

Whether you are moving or staying in place, engaging the senses is an important part of a decorating – or staging – plan. Of course, when you are staying, you can engage the senses in whatever way appeals to you and your family. When selling, you want to pay a bit more attention to the buying public, which means you may want to tone things down just a bit. But still think about how to engage all five of the senses. Here are some suggestions:

Sight. Of course, this is the most obvious. So much of what we do when we stage involves what the buyer is seeing. Everything from curb appeal through the house and into the basement and garage should be in good condition and decorated appropriately. Colors should be warm and inviting, but not over-stimulating.

Touch. Even if potential buyers don’t touch items in a room, texture can bring depth and warmth to a space. Soft pillows and throws in a bedroom ‘feel’ cozy, woven textures are interesting in a space with a lot of smoother textures, and plants are a natural texture which help a room feel inviting. Make sure a room has enough texture to make it interesting and warm, but not enough to be a distraction.

Smell. We’ve discussed this in other blog posts, but we can’t say it enough. The house must smell fresh and inviting but without using fake or chemical scents. That means essential oils are ideal, particularly in citrus scents (which smell clean) or those that are calming (such as lavender).

Taste. The buyers won’t necessarily be tasting anything in the house unless you provide refreshments for an open house (always a nice touch and one that can incorporate smell with the baking of cookies). But a bowl of fresh lemons on the kitchen counter may remind the buyers of the taste of lemonade. Or the scent of vanilla may remind buyers of the taste of vanilla, a ‘homey’ taste to most people.

Sound. Soft music in the background can be very welcoming. Just make sure the sound stays in the background and is one that isn’t too distracting. Many Realtors complain that sellers leave music on too loud, so be careful! The sound of flowing water isn’t good in the bathroom, but can be very relaxing on an outdoor deck or in a sunroom.

So pay attention to your five senses to make your house the one that potential buyers remember!

Ann Anderson, owner of Rooms Reborn, founder and Director of the School of Interior Redesign, co-founder of the Association of Design Education, co-creator of theReady2Sellin30Days System.

Fannie Mae HomePath® Program

June 28th, 2011

The Kunselman Team would like to introduce you to the Fannie Mae HomePath® Program and HomePath® Financing. As one of the largest owners of mortgages, Fannie Mae currently has a lot of foreclosures on their books. If you go to www.HomePath.com you can actually look up Fannie Mae Foreclosures in your area. On the right side of the listings it explains says whether or not the property is eligible for Fannie Mae HomePath® Financing. This new mortgage program has many advantages for anyone looking to buy a new property whether they are looking to buy a primary residence, 2nd home or and Investment property. Below is list of the unique benefits that the Fannie Mae HomePath® Financing offers to home buyers.

Benefits of HomePath® Financing
1. No appraisal required. This can save you hundreds of dollars.
2. Down payment as low as 3% on Primary Residences.
3. Down payment as low as 10% on Investment Properties.
4. No Monthly or upfront mortgage insurance required for any occupancies and/or Loan to Values.
5. Condo Projects do not have to be reapproved. (This is great if the owner occupancy is less than 50%.)

HomePath® Buyer Incentive: June 14 – October 31
Fannie Mae is currently offering buyers up to 3.5% in closing cost assistance through October 31, 2011. These funds can be used to pay closing costs and escrow as well as helping you to buy down your interest rate. No part of these funds can be used as part of your down payment.

Contact The Kunselman Team TODAY to get
pre-approved or for any additional information!

February 15th, 2011