Princeton Real Estate

Beatrice Bloom, Princeton Real Estate Agent

You are here: Home / Archives for News/Blog

News/Blog

SOLAR PANELS; CREATING ENERGY WHILE SAVING MONEY

by

Princeton Town Topics – Let’s Talk Real Estate – June 26, 2019

SOLAR PANELS; CREATING ENERGY WHILE SAVING MONEY

Solar Panels reduce energy costs, add value to your home, create less of a carbon footprint and can generate and 8-10% return on investment.  There are some things that you need to know before you decide to move forward to making these changes to your home.

· What size system do you need

· How many square feet does your roof space allow for solar panels to be installed

· What is the annual amount of Kilowatt hour you can expect from your system

· Are there tax credits and other incentives 

· Energy costs in New Jersey are expensive; what is the projected savings and how long will it take to recoup the cost of installing the system

When taking into consideration as to buy or lease the panels, you should know that if you chose to lease it may complicate things if you decide to sell your home.  

GETTING YOUR HOUSE PREPPED FOR SALE

by

Princeton Town Topics – Let’s Talk Real Estate – June 19, 2019

GETTING YOUR HOUSE PREPPED FOR SALE

Decluttering your house is key to getting your home sold.  Personalized decor and collections can limit the imagination of buyers.  A way to look through your house it to use the KonMari method. For those of you that are not familiar, this method introduces the idea of only keeping items that are used and bring you joy.  Tidying not by room but by category; books, papers, clothes and sentimental items. Take time to consider if the item is useful. When was the last time your used it? Is it something that you should pack away? Once you have gone through the process it will cut down on the items that you pack and move and will ensure that you are off to a great start in your new home.  

THE COST OF WAITING TO BUY A HOME

by

Princeton Town Topics – Let’s Talk Real Estate – June 12, 2019

THE COST OF WAITING TO BUY A HOME

Fredie Mac is forecasting interest rates to rise to 4.5% by the end of the Fourth quarter in 2020.  Corelogic predicts that home prices will appreciate 4.8% over the next twelve months.
                

Today                                                                          Next Year

4.3%                        Interest Rate                           4.5%

$250,000                Home Price                         $262,000

$1,231.60               Mortgage Payment       $1,321.04


If home prices continue to appreciate and interest rates go up, waiting to buy could cost you thousands of dollars.  Over thirty years, you could save $32,198 that money could used for retirement. Yearly you can save $1,073.28, perhaps you could take a weekend retreat. Monthly, you save $89.44, perhaps dinner and a movie.


Still on the fence? Let’s sit down and find out the difference a year could make in your life.

MOLD AND REMEDIATION

by

Princeton Town Topics – Let’s Talk Real Estate – June 5, 2019

MOLD AND REMEDIATION

Mold is ever present and can simply be a nuisance or can cause health issues.  The key is to identifying what type of mold is in your home.

Mold likes moisture so you may see it growing in the grout of the tile in the shower or in the basement, in crawl spaces and on walls. It is worth the cost to hire a professional for remediation.  Sealing off the infected area, using HEPA scrubbers and vacuums are able to capture the tiny mold particles in their entirety are all services a good remediation company will offer. Professionals use antimicrobial chemicals to clean the infected area after demolition.  Once the area is treated, you may want to run a dehumidifier and consider taking it one more step, have the area treated to be resistant to water damage.

Good remediation companies are able to clearly communicate a remediation plan, use professional equipment and have years of experience.

HIRING A STAGER BRINGS ADDED VALUE TO YOUR HOME

by

Princeton Town Topics – Let’s Talk Real Estate – May 22, 2019

HIRING A STAGER BRINGS ADDED VALUE TO YOUR HOME

Creating a budget and an action plan creates cohesive space and ultimately adds value to your home.  The WOW factor that an    interior designer provides creates interest that brings offers. They are able to think outside the box and create vision for a buyer to see themselves moving in. Designers are up to date with current trends including paint color & finishes. They are trained to       maximize, utility, efficiency and comfort. Another benefit is they tend to have a list of vendors that they work with, sometimes    functioning as a liason which saves you both time and money.   Before you decide who to hire be sure to ask for references and pictures of projects they have completed.  This will give you a sense of their work and how their clients felt the project went.

PRICING YOUR HOME TO SELL

by

Princeton Town Topics – Let’s Talk Real Estate – May 15, 2019

PRICING YOUR HOME TO SELL

Location and price are the two biggest considerations a buyer looks at when in the market to purchase a home.  You can’t control the location but you can certainly control how you price your home.

Identifying market value is key in making sure you are priced right. Overpricing your home can cause it to sit on the market and make potential buyers wonder if there is something wrong with the property. Buyers are savvy, following the market and fully aware of what the house down the block sold for.  Your house may be “special” but you need to be sure to take into consideration location, upgrades & condition.

Your Real Estate professional can assist in doing a detailed analysis called a Current Market Analysis comparing similar properties to come up with a price that will bring you that offer!

Beatrice Bloom