There is so little inventory in both King and Snohomish counties right now that any seller can expect top dollar for their home!
Contact me for a complimentary analysis on the value of your home today.
Judy Gratton 206-276-3289
Today is “Trivia Day”. So to celebrate here is a little trivia question for you. The first person who answers and sends the answer to my email address gets a $10.00 Starbucks gift card!
Question: The first brand-name product ever to be featured on a cover of Time Magazine was displayed on May 15, 1950 (not as an advertisement). What consumable product, which sold for about 5¢ per unit, was it?
I will post the answer tomorrow. Happy Trivia Day!
5 Morning Habits Worth Breaking
It’s a sad truth that having a bad morning often means you’ll have a bad day. But while we can’t avoid the unpredictability of life, doctors and psychologists agree that that breaking some commonplace morning habits can give us a better chance of starting out the day on the right foot.
If you see yourself in these scenarios, aim for breaking these five bad habits and you may be happier and healthier:
9 Mid-Afternoon Tips to Get You through the Day
The mid-day slump. We’ve all had it – that sluggish, grumpy slowdown period around 3 or 4 p.m., when the caffeine has worn off, lunch is a memory, and all you want is to put your head down on your desk.
To kick-start your energy level and boost your productivity, take a few minutes to try some of these mid-day habits suggested by personal trainers:
Reprinted with permission from RISMedia. ©2015. All rights reserved.
Millennials and Personal Finance: New Technology, Old Challenges
Millennials have conflicted feelings about their personal finances; they are uncertain but lean toward optimism. This conclusion is in accordance with a recently released Experian report originating from a survey of more than 1,000 millennials, ages 19-34, about a variety of personal finance topics – from their future views, to loan status, to credit knowledge, to use of technology.
The survey follows a July 2015 report from Experian that analyzed credit bureau data and placed millennials last in generational credit score rankings.
Topline survey results include:
“Millennials are coming of financial age at a very unique time,” says Guy Abramo, President, Experian Consumer Services. “They’ve experienced a recession and the explosive advancement of personal technology. As a result, they’ve developed different views toward managing money, using credit and how they expect financial services to be delivered. The survey also showed that millennials will abandon loyalty for better products and services, which is something the entire financial services sector should consider; the pressure is on to keep innovating.”
Perception vs. Reality:
Current Debt:
Pushing the Edge of Personal Finance:
Loyalty to a Financial Brand Is a Tough Sell:
Credit Knowledge Deficit:
Youthful Angst, but Optimism Prevails:
View the full report here.
Reprinted with permission from RISMedia. ©2015. All rights reserved.
5 Pros and 5 Cons of Homeowners’ Associations
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Across the U.S., homeowners’ associations are on the ascent. According to the U.S. Census Bureau, 59 percent of newly constructed homes in 2014 were part of a homeowners’ association. That’s up from 46 percent in 2009.
So, what’s the draw of homeowners’ associations? By the same token, what are the drawbacks?
“A well-run and managed HOA can be a blessing, and a poorly managed HOA can be a curse,” says Bruce Ailion, a broker in Woodstock, Ga. Here, real estate agents and homeowners weigh in on the blessings and the curses of homeowners’ associations (HOAs).
Pro No. 1: Your neighborhood will look good.
Generally, an HOA establishes rules to ensure the neighborhood looks sharp, says Brad Pauly, real estate owner and broker in Austin, Texas. These include strict guidelines about keeping lawns manicured, restrictions on parking boats and other large vehicles on the street, and limitations on exterior paint colors.
“This type of oversight eliminates issues with one or two properties weighing down all property values due to an unpleasant exterior,” says John Lyons, a broker in Chicago.
Pro No. 2: You’ll enjoy access to amenities.
An HOA usually offers community amenities such as a pool, a fitness center, parks, children’s play areas and security gates, Pauly says.
Pro No. 3: Your maintenance costs will be shared.
HOA dues are earmarked for maintenance of shared spaces, according to Lyons. This includes community lawn care (but not for your own yard), community snow removal (but not for your own property) and upkeep of common areas like the pool or the fitness center.
Pro No. 4: You’ve got a built-in mediator.
Involved in a tiff with your neighbor over that big oak tree that’s losing limbs? You can settle some confrontations with your neighbors by taking your grievances to the HOA’s board or management company, Lyons says.
Pro No. 5: You can get to know your neighbors.
Gina Estrada, who lives in a gated HOA community in Clovis, Calif., says that if you’re elected to serve on the HOA board or are otherwise active in the association, you’ll become better acquainted with your neighbors. Heck, you might even make some new friends. “I believe we should know our surroundings, including the people in them,” Estrada says.
Con No. 1: You’ll fork over HOA dues.
When buying a home in a community with an HOA, you’ve got to add HOA dues to your budget. The dues vary, but typically run in the hundreds of dollars per month.
Con No. 2: Your hands will be (somewhat) tied.
If someone buys a home in an HOA community and wants to make changes to the property, such as the addition of an enclosed patio, it normally must be approved by the HOA’s board. “It’s possible that an HOA could prevent certain updates on a home,” Pauly says.
Con No. 3: You might be hampered by an HOA’s financial woes.
If an HOA is facing financial problems or is ensnared in a lawsuit, it could harm your ability to obtain a loan for a home and could hurt sale prices of homes in the community, Pauly says.
Con No. 4: You’ll lose some of your freedom.
When you live in a community governed by a HOA, you’ll have to follow its rules, even if you think they’re ridiculous, Lyons says.
“You do, however, have the option of petitioning the homeowners’ association to change any rule you don’t agree with. But if you lose, you will have to live with it,” Lyons says.
Con No. 5: You might be the victim of a “rogue” board member.
Estrada says her HOA elected a “rogue” homeowner to the board who decided to flaunt the rules and do whatever he wanted. For instance, Estrada says, the rogue board member thought the community needed speed bumps to slow down speeding drivers, so he had them installed. That move caused a neighborhood uproar. The process to take out the speed bumps and remove the rogue homeowner from the board cost several thousand dollars, including legal fees, she says.
“When there is one rogue homeowner, it can really mess things up,” Estrada says.
Problems also arise when homeowners stop attending HOA meetings, Estrada says, and it’s left to a small group of people to make decisions.
“The board of directors is made up of your neighbors. If you want to have a say in how things go, you have to serve on the board,” says Ailion.
5 Simple Steps to Prep Your Home for Winter
By John Voket
Getting a well-maintained home ready for winter isn’t difficult, but it’s wise to start early. Our seasonal check-in with the Paint Quality Institute provides a few recommendations including the five most-simple projects homeowners should tackle as soon as possible.
The following pre-winter activities can help protect your home from the elements, make it more comfortable, and help prevent expensive repair bills next spring:
1. Touch up exterior paint. Peeling or flaking paint can expose bare wood, subjecting it to moisture and possible rotting, so if you see bare spots, be sure to touch them up. Scrape off any loose paint, sand the surface smooth, and prime the bare wood. Then apply one or two coats of top quality 100% acrylic latex paint. (Use leftover paint if you have it!)
2. Don’t ignore rust spots. If iron doors, railings, or fences show signs of rust, correct the problems as soon as you can; otherwise, things will snowball over the winter. Use a scraper and/or wire brush to remove the rust, rinse away any particles that remain, and prime the surfaces as soon as they are dry. Complete the work by applying two thick coats of 100% acrylic latex paint.
3. Caulk cracks and gaps. Any openings in your home’s exterior are not only energy sieves, but also serve as inviting entry points for insects and mice. Deal with both concerns by sealing cracks, gaps, and open seams with a paintable top quality acrylic caulk. Conceal the caulk by touching up with leftover paint.
4. Keep out the cold and moisture. Storm windows and storm doors are essential defenses against wind, rain, snow, and cold air. If you have storm windows and doors, put them up early; if you don’t have them, buy some. They will help pay for themselves through lower energy bills and tax credits.
5. Clean the gutters. Keep a sound roof overhead by removing leaves, pine needles, and other debris from your rain gutters. Otherwise, trapped water may form harmful “ice dams” that can damage roofing shingles and create leaks — problems you certainly won’t want to deal with when the weather is bad.
By handling these fall weather now, you’ll be able to rest easy and comfortably when Old Man Winter comes calling.
Reprinted with permission from RISMedia. ©2015. All rights reserved.
This is such a simple way to find out about any property in the Puget Sound area! Plus you can request additional information at the tap of a button!