Monday, September 21, 2020
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Wednesday, September 9, 2020
How to Reduce a Home’s Vulnerability to Disasters
Natural disasters can cause extensive water, fire, and wind damage to homes. There are many ways, however, to reduce your home’s vulnerability to these disasters. If you water-, fire-, and windproof your home, your home will be prepared to better withstand the forces of disasters like hurricanes, floods, wildfires, and tornadoes.
Reduce a Home’s Vulnerability to Disasters: Waterproofing
When it comes to the risk of hurricanes, floods, and other natural disasters involving water, it is a good idea to protect your home against moisture. There are many things you can do to waterproof your home.
To waterproof your home’s exterior, start by sealing all gaps and cracks. If left unattended to, these spaces can leave your home’s substructure vulnerable to water damage. Seal small holes with caulk and larger spaces with a plastic foam filler. Next, repaint your home’s exterior to protect your wood siding. Make sure to also reseal waterproofing components on your roof.
Fireproof Materials
Protect your home against fire, including wildfires, by fireproofing your house. Investing in fire-proof glass for your windows, covering your home’s exterior with fire-resistant materials, choosing non-combustible roofing materials, and making sure your deck is built with fire-proof materials can reduce your home’s vulnerability to fire. Some of the best materials for preventing or resisting fires include concrete, stucco, gypsum, brick, stone, and steel.
Metal tiles made of copper, steel, or zinc are great materials for fireproofing your roof. Slate tiles are another good option, as are clay and concrete tiles, both of which are more affordable. There are different classes of roof fireproofing based on your budget and risk level.
Reduce a Home’s Vulnerability to Disasters: Windproofing
Tornadoes and hurricanes can stir up colossal winds which can threaten your home. There are many things you can do to windproof your house, however, in order to reduce your home’s vulnerability to these types of disasters.
Installing storm shutters over exposed windows and other glass surfaces is one (very effective) way to protect your home. You can also reinforce the strength of your doors by strengthening the hinges and bolts that secure them. You can switch out your garage doors with hurricane-resistant doors or strengthen them with a retrofit kit, and bracing your roof and/or installing hurricane straps will protect your roof against high winds.
Choosing to windproof, fireproof, and/or waterproof your home will reduce its vulnerability to disaster. When the winds beat upon your house, the fires rage, and the rain pours down, you can still feel safe and sound.
Looking for a new home in Florida? Check out our listings!
Steelbridge Realty LLC is a Licensed Real Estate Brokerage that utilizes cutting-edge marketing techniques and data-driven Real Estate solutions in today’s ever-changing environment. Our group of professionals have decades of experience and have navigated through many business cycles. Our diverse background gives us the tools to guide people towards successful decisions.
The post How to Reduce a Home’s Vulnerability to Disasters appeared first on Steelbridge Realty LLC.
source https://northfortmyersonline.com/2020/09/09/how-to-reduce-a-homes-vulnerability-to-disasters/
How to Make Your Property More Appealing to Younger Buyers
Selling a home is quite a process. When it comes to making your home appealing to a specific demographic like younger buyers, there are a few important considerations to keep in mind. This article will discuss three specific things you can do to make it easy for young potential buyers to see themselves in your home.
Make Your Property More Appealing to Younger Buyers: Low-Maintenance
Young buyers want a home that doesn’t require a ton of maintenance or repairs. As you’re thinking about putting your home on the market, make a note of any simple, cost-effective repairs that you can make in order to help prospective buyers better envision themselves in your home. Simplifying and cleaning up your landscaping is a good place to start. If you have overgrown trees, prune them down. If you have beautiful but hard to maintain plants like certain species of ground-cover, it could be a good idea to take them out. Many millennials may consider these types of plants charming, but they will likely experience at least a little discouragement at the prospect of taking care of them.
Environmentally Friendly Upgrades
Millennials are also interested in environmentally friendly home upgrades, like solar panels. Not only do upgrades like solar panels give your home a more updated feel, but they can also be incredibly cost-effective depending on where you live. If you live in a warm, sunny state like Florida, solar panels can save you a lot of money. In a state like Florida, it can cost on average $13000 to install panels. But, when you go to sell your home, this feature can often result in increasing the value of your home by twice the amount of installation.
Make Your Property More Appealing to Younger Buyers: Good Staging
It may seem tempting to wonder if staging your home actually works in increasing the speed of selling your house or in increasing the return you make on it. However, a majority of sellers’ agents say that it makes a meaningful difference. When it comes to appealing to young buyers, it is especially important to eliminate clutter, use updated furniture when possible, and emphasize open space in an effort to resemble an open floor plan. Doing this is especially important because most young buyers make many buying decisions online. Your staging can make or break the pictures you post to different realtor websites.
With so many different strategies for updating your home, it can be difficult to know where to start. Considering how to appeal to younger buyers is a good way to figure out what to do first. Taking care of the above things is a great place to start.
Ready to sell your home? Fill out this form to learn how much it’s worth!
Steelbridge Realty LLC is a Licensed Real Estate Brokerage that utilizes cutting-edge marketing techniques and data-driven Real Estate solutions in today’s ever-changing environment. Our group of professionals have decades of experience and have navigated through many business cycles. Our diverse background gives us the tools to guide people towards successful decisions.
The post How to Make Your Property More Appealing to Younger Buyers appeared first on Steelbridge Realty LLC.
source https://northfortmyersonline.com/2020/09/09/how-to-make-your-property-more-appealing-to-younger-buyers/
How to Quickly Build Equity in Your Home
Owning a home to build equity has been a part of the American Dream pretty much since its inception. So is being financially free, though more and more both of those things can feel like they are slipping out of reach for many. If you have a home you’re currently paying off, you can make more progress towards achieving both of those goals by building equity in your home. Of course, the sooner the better, so how do you do so quickly?
How to Quickly Build Equity in Your Home: Make a Lump Sum Payment
One way to quickly build equity in your home is to make a lump sum payment. This can be a great option if you have some savings set aside in your bank account. Of course, it’s financially unwise to empty out your savings account. You should still save enough to cover emergencies, or you might find yourself needing to take out a HELOC to make ends meet, undoing the work you just did. If you decide to make a lump sum payment on your house, make sure the payment goes towards your mortgage’s principal. It won’t do you nearly as much good if it just goes towards interest.
Make Improvements
Making home improvements is another option for building equity relatively quickly. In order to make the most of this chance to build equity, it’s important to choose projects that offer a lot of value. Kitchen and bathroom projects can yield high returns. That said, it’s important to not go overboard. You don’t want to remodel the kitchen or bathroom so much that it doesn’t make sense for the overall worth of the house. Likewise, unless your home is a good fit for luxury upgrades, you’re probably better off skipping those.
How to Quickly Build Equity in Your Home: Refinance Your Mortgage
If your financial situation has improved since you took out your mortgage, you might want to consider refinancing your mortgage. Shortening your loan term means you’ll be paying off your home more quickly, which means building equity more quickly as well. If you refinance from a 30 year mortgage to a 15 year mortgage, you’ll pay off your home in half the time, building equity twice as quickly as previously. This option may not be for everyone since there are requirements to qualifying to refinance. If your credit score is bad, for example, you may have a more difficult time qualifying for this option.
Building equity faster can feel frustratingly difficult. The 30 years it can take to pay off a home sometimes feels never-ending. Fortunately there are some things you can do to pick up the pace a little. Take a look at your situation and figure out what will work best for you.
If you’re looking to buy a new home, check out our listings here!
Steelbridge Realty LLC is a Licensed Real Estate Brokerage that utilizes cutting-edge marketing techniques and data-driven Real Estate solutions in today’s ever-changing environment. Our group of professionals have decades of experience and have navigated through many business cycles. Our diverse background gives us the tools to guide people towards successful decisions.
The post How to Quickly Build Equity in Your Home appeared first on Steelbridge Realty LLC.
source https://northfortmyersonline.com/2020/09/09/how-to-quickly-build-equity-in-your-home/
How to Maintain a Good Relationship with Your Tenants
As a landlord, you’ve probably had a few tenants who have been amazing and a few who have been less than stellar. Regardless of the quality of the tenant, it’s important to do your part in maintaining a positive relationship with them. So what are some things you can do to promote a positive relationship with your tenants?
Maintain a Good Relationship with Your Tenants: Be Upfront
Get yourself off to a good start at the beginning of your relationship with your tenants by being upfront with them. You can get this started even before a lease is signed by including pertinent information in your listing. Tenants should be aware of the lease terms and expectations, as well as any fees they might possibly incur. These are some of the things you should include in the rental agreement. They should be clearly communicated in a way that is easy to understand, and it might be wise to give the tenant a copy of the agreement for them to reference.
Fix Issues When They Arise
Just like all dwellings, rental properties are subject to wear and tear, and will eventually need maintenance and repairs. Fixing repair issues promptly is an important part of building a good relationship with your tenants. It’s also a critical part of your responsibility as a landlord to provide your tenants with a safe and clean place to live. Make sure you give your tenants a reliable way to contact you in the event of repairs being needed. Tenants can be held liable for damage that they fail to notify you about.
Maintain a Good Relationship with Your Tenants: Respect Their Privacy
Everyone wants to feel safe and secure in their living space, and proving a reasonable expectation of privacy to your tenants is an important part of that. It may also be a legal obligation—only 13 states don’t have laws governing a landlord’s allowance to enter the premises. Even if you live in one of those states, it’s best to give your tenants a heads up before you just show up. It’s also best to avoid showing up outside normal business hours when possible. This will help your tenants feel that you respect their privacy and are considerate of their time.
A harmonious relationship between landlord and tenants is beneficial to all involved. It’s especially important as a landlord that you do your part to foster that sort of relationship. Being upfront about your expectations, fixing problems in a timely manner and respecting their privacy is a good place to start. After all, you can only control your behavior, so do what you can to make sure it’s exemplary.
To find your next rental property, find a home in our listings!
Steelbridge Realty LLC is a Licensed Real Estate Brokerage that utilizes cutting-edge marketing techniques and data-driven Real Estate solutions in today’s ever-changing environment. Our group of professionals have decades of experience and have navigated through many business cycles. Our diverse background gives us the tools to guide people towards successful decisions.
The post How to Maintain a Good Relationship with Your Tenants appeared first on Steelbridge Realty LLC.
source https://northfortmyersonline.com/2020/09/09/how-to-maintain-a-good-relationship-with-your-tenants/
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