Monday, February 12, 2018 / by Peter Hewitt Team Lehigh Valley Realtor
You’re a homeowner now, you can kiss bland uniformity goodbye the moment you turn your apartment keys over to your now former landlord. The world is your canvas — at least, that part of the world that you now are obligated to pay a monthly mortgage payment on — and you’re the artist that’ll mold it into a shape that tantalizes and delights the senses.
You may have big dreams for that new home, but cool your jets. This is a time for careful consideration, not for hastily scribbled modern design notes on cocktail napkins. Although there are certainly changes you can make that will update or upgrade your new home, there are others that can potentially devastate its value. This is no small thing.
If you thought that ugly entryway light fixture was a real turn-off, just read on to learn about things potential buyers will find extremely unappealing down the road.
There’s Good, There’s Bad and There’s Ugly
Every homeowner will leave a mark o ...
Friday, January 26, 2018 / by Peter Hewitt Team Lehigh Valley Realtor
Thursday, February 1st at 6:00pm
with Fairway Independent Mortgage Company
& The Peter Hewitt Team at Keller Williams Real Estate
3500 Winchester Rd, Suite 100, Allentown, PA 18104
Learn how to prepare yourself to the path of home ownership! Learn why NOW is a great time to buy and the benefits you receive over renting!
Many people believe that they cannot afford to buy a home, not realizing it is typically cheaper than renting! Build equity, Gain Tax Advantages, and Find out about the special loan programs for first time home buyers and what to expect throughout the Mortgage Process.
Receive your on-site Financing Consultation, with Laura Kidd, an experienced Fairway Independent Mortgage Representative, as well!
Our Full Service, Top Selling Real Estate Team at the #1 Keller Williams Real Estate Office in the Lehigh Valley is partnering with an experienced, customer focused Mortgage Lender, to bring you the best of the best in the business to guide you through ...
Tuesday, January 23, 2018 / by Peter Hewitt Team Lehigh Valley Realtor
CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today.
The report also revealed:
The average homeowner gained approximately $14,900 in equity during the past year.
Compared to Q3 2016, negative equity decreased 22% from 3.2 million homes, or 6.3% of all mortgaged properties.
U.S. homeowners with mortgages (roughly 63% of all homeowners) have seen their equity increase by a total of $870.6 billion since Q3 2016, an increase of 11.8%, year-over-year.
>> CHECK HOW MUCH EQUITY YOU HAVE IN YOUR HOME! <<
The map below shows the percentage of homes by state with a mortgage and positive equity. (The states in gray have insufficient data to report.)
If you are one of the m ...
Tuesday, January 16, 2018 / by Peter Hewitt Team Lehigh Valley Realtor
Shorter days and chilly nights can mean only one thing: it’s time to fire up the fireplace. Before you get too far ahead of yourself, let’s talk about fire safety. It’s boring, possibly even a little overly dramatic at times, but the fact is that before you start that first big scorcher, there are quite a few things that you should know. This goes double if this is your first wood-burning fireplace.
Chimney Safety First
The bit of masonry that goes up and out of your firebox and through the roof is actually a lot more interesting than the bit at the bottom that holds the sparks and flames. It’s a bit more than just a masonry tube. It can pull in extra air if your fire’s too big, it can exhaust fumes and smoke, it can house baby bats if you’ve not used it in a while. There’s nothing that chimney can’t do.
Because of its versatility and the vital role your chimney plays in the function of your fireplace, it’s crucial that it’ ...
Wednesday, January 10, 2018 / by Peter Hewitt Team Lehigh Valley Realtor
Icicles hanging from power lines, trees and other people’s homes can be absolutely gorgeous, but when those delicate frozen water daggers are hanging from yours, it may make your stomach do a barrel roll. Why? Well, it’s just one of many signs that your home is at risk for ice dams.
What’s an Ice Dam, Anyway?
An ice dam occurs when there’s a disparity in the temperature of your roof that causes snow and ice to melt off of the main portion of the deck, then refreeze at the eaves. This results in a sort of hump that slows or prevents further run-off of that same type of melt — it’s a dam literally created out of ice. It may cover the edge of your roof or spill over into your gutters, but either way it’s not good news. You might also notice icicles forming, this is a sign you absolutely need to get in gear and figure out what’s going on upstairs.
Ice dams are no good for several reasons, including the potential to damage your gutter and r ...