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Selling? Improve The Appearance Of Your Home’s Bathrooms.

January 15, 2013 by Jeff Cost

Bathroom remodel tipsFull-scale bathroom remodeling can be expensive and, in today’s Cincinnati housing market, you won’t likely get all of the money back that you put into it at the time of sale.

Knowing that bathroom projects tend to have a low return on investment, therefore, here are a few inexpensive changes which you can make to spruce up bathrooms in a home for sale.

Fixtures
Most sellers will notice if the fixtures in a bathroom are old, and it can have a negative effect on their view of your home. Buy a new set of bathroom fixtures at a home improvement store. Most stores have matching towel racks and bathroom tissue holders, too. There is a wide selection of stainless steel, wood or ceramic fixtures available at most stores, too.

Paint
A fresh coat of paint is a simple way to improve the overall look of a bathroom. Choose paints with a light, neutral color to make the room seem more spacious.

Floors
If your bathroom floor has tiles, it’s a good idea to add fresh grout to brighten up the bathroom’s overall look, or, at least, to clean the grout so that it looks like new. Scratched linoleum should also be replaced. There is plenty of inexpensive flooring which is easy to install, in a variety of patterns and colors at your local hardware or flooring store.

De-Clutter
Prospective buyers should be able to imagine themselves living in your home. It’s easier for them to do that when your home is free of clutter. This is even true in the bathroom. Clear out your medicine cabinet. (Yes, many buyers will look in there.) Leave only the essentials such as toothpaste and hairbrushes.

Making a good impression on your prospective buyers can be easier when you’ve redone a bathroom.  It doesn’t require much money, and it may increase the final sale price of home.

Filed Under: Around The Home Tagged With: Bathroom, Home Sales, Staging

What’s Ahead For Mortgage Rates This Week : January 14, 2013

January 14, 2013 by Jeff Cost

30-year mortgage ratesMortgage rates rose last week nationwide during a week of sparse economic news.

Thursday’s weekly jobless claims report showed 371,000 new claims, which was 1,000 fewer jobless claims than for the prior week. Wall Street expectations of 365,000 new jobless claims turned out to be too optimistic.

The semi-quarterly statement released Thursday by the European Central Bank (ECB) announced that the region’s inflation remains below its 2 percent ceiling as established by central banker. Economic weakness in the Eurozone is expected to persist into 2013 with signs of recovery becoming evident toward the end of this year.

ECB cited financial and structural reforms as essential to economic recovery, and noted that national governments within the Eurozone have been slow to implement such reforms. Without such reforms, Euro-area economies may continue to struggle, which would likely lead investors to seek a safe haven in the bond market, moving bond prices higher.

As bond prices rise, mortgage rates in Columbus and nationwide typically fall.

Also last week, Freddie Mac’s Primary Mortgage Market Survey reported the average rate for a 30-year fixed rate mortgage rising from 3.34 percent to 3.40 percent for buyers paying 0.7 percent in discount points plus closing costs. The average rate for a 15-year fixed rate mortgage rose from 2.64 percent to 2.66 percent.

Required discount points for the 15-year fixed rate mortgage rose from 0.6 to 0.7 percent.

Import prices for December released Friday were reported at -0.1 percent, below the consensus estimate of +0.1 percent. This report measures the prices of goods purchased in the U.S, but produced abroad and is considered an important indicator of inflationary trends affecting internationally produced goods.

Inflation tends to harm mortgage rates.

Next week’s economic calendar is full of economic data and includes the release of the Producers Price Index (PPI), Retail Sales figures, the Consumer Price Index (CPI). The Fed is also set to issue its Beige Book report, and the NAHB Housing Market Index and Consumer Sentiment report will be released.

Mortgage rates remain low, but are rising.

Filed Under: Mortgage Rates Tagged With: Freddie Mac, Jobless Claims, PPI

Help Your Pets Adjust To Your New Home

January 11, 2013 by Jeff Cost

Help pets adjust to a new homeMoving to a new home can be a difficult transition for everyone in the family, including the furry, four-legged members.

Dogs and cats develop a strong bond with their environment so when they are relocated from their territory it can cause them stress.

Here are some tips to ease your pets’ transition to a new home :

Keep Your Mood Calm
Pets are very tuned-in to your emotions and will sense your mood. If you are stressed throughout the moving process, your cat or dog will pick up on this and it will make him anxious. Try to remain calm and give your pet plenty of attention and reassurance during the process of moving.

Transporting Your Pet
A few weeks before the move, introduce your pet to his pet carrier so that he becomes familiar with it. It will be much less scary for him to be transported in a carrier, which already has recognizable smells and perhaps a favorite chew toy or blanket inside. When you are moving your pets to your new home, it is a good idea not to feed them for about three hours before setting off, as this can help to prevent accidents while in transit.

Upon Arrival
When you get to your new residence, place your pets in one room of the house and provide them with water, food, and a few familiar possessions. Keep them in a closed room while you move things in, as the process of moving boxes and furniture can be chaotic and doors can be left open. Once everything has been moved in, you can take the time to give your pet some one-on-one attention.

Dogs find routines comforting, so try to stick to the same schedule of feeding and walking in your new home. Cats will want to explore and rub their scent all over the house to claim it as their territory. A cat might attempt to return to its old home after a move, so keep it indoors for a few weeks at first.

These are just a few ways that you can make moving to a new home a better experience for your beloved pets. If you’d like more suggestions for helping your pets and family adjust to a move, call or email me with your questions.

Filed Under: Around The Home Tagged With: Cats, Dogs, Moving

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Jeff Cost
Sr. Loan Officer

Cincinnati, OH Mortgage Lender
NMLS# 21688


jeffrey.cost@ccm.com

Call (513) 403-6260
Fax (941) 567-5222

Cross Country Mortgage

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