Cindy Gordon
Coldwell Banker Residential Brokerage | 774-249-4824 | cindygordonhomes@gmail.com


Posted by Cindy Gordon on 9/24/2017

In your search for a home, thereís one option that you may be overlooking. That is the act of sharing a home with others. It can help you to divide the expenses of homeownership and even put you on a faster path to homeownership. When you do decide to share the cost of homeownership with others, thereís a few things that you should know.


Thereís so many different advantages to co-buying a home with a relative, even as a married couple. You do need to make sure that the arrangement is well thought out and planned ahead of time. 


The Title


When you buy a house, you receive whatís called a title. In the case of co-ownership, it explains how the buyers are sharing the title. The way the title is set up could have consequences down the road, especially when it comes to one person exiting the house, and parting ways with the agreement.  


When Sharing A Property With A Non-Spouse


When youíre sharing the property with a non-spouse, you have a few options. These include:


Tenant In Common


With this option, thereís no need for a 50/50 split. Buyers are allowed to own unequal interests in the property. If one of the co-owners were to pass away, their ownership would be transferred to one of their beneficiaries. For this reason, tenant in common is the most popular way that buyers who are not related agree in guying a property together and take on the title.     


Joint Tenants With Right Of Survivorship


With this option, co-buyers have no option but to own equal interests in the property at hand as a 50/50 split. If you bought a home with two other people, youíd each have one-third interest in the home, and so on. If one tenant passes away, the remaining owners gain the deceased ownerís percentage of interest in the property. Thereís no need for a court proceeding or probate, this happens automatically. Even if the deceased owner has a will designating their portion of the property be given to someone else, the request is null and will generally be refused.   



Both of these co-ownership options allow for an undivided interest in a property. All owners are co-owners as a part of the entire piece of property. If one owner wants to sell, for example, they would be selling their tenancy or part interest in the property.       

Important Things To Do:


  • Create a co-ownership agreement
  • Clarify who owns what percentage
  • Decide who pays the ongoing expenses
  • Give options if any owners want out in the future


You could draft one of these agreements with a qualified attorney. Itís a good idea to sit with everyone before the purchase of the property is made to talk and lay out all of the expectations. Everyone should have one of these agreements in writing, however. 


While sharing a property purchase can reduce your debt, itís important to make smart agreements and understand whether the decision makes sense for you and all parties involved.





Posted by Cindy Gordon on 9/17/2017

You may have been looking at homes online for awhile. You might have set up a search to allow properties that meet a certain search criteria to reach your inbox. At some point, youíre going to be heading to open houses, seeing homes firsthand. Whether you tour the home during an open house, or set up a private showing with your realtor, youíll want to make the most out of your home searches. Each showing is for a limited amount of time, making the time you spend at each home crucial to your search. 


Select The Right Homes To View


Youíll need t narrow down the list of homes from your online search that youíd actually like to see in person. Some ways to easily narrow down the properties are:


  • Look at property details and photos of the property at least a few times. 
  • Ask questions before you go so your realtor can get researching.
  • Ask your realtor if they have similar properties available in their database.


Donít Look If You Canít Afford It


Itís a good idea to know your budget before you go and see homes. You donít want to fall in love with a home that you canít afford. you want to be more realistic in your approach to what type of home you can afford. 

The listing price comes from a variety of factors including the view, the square footage of the home, the location and more. Similar homes will have similar price tags. If you stick with homes in your budget range, your search will be much easier. 


Understand How Home Showings Are Scheduled


Real estate agents can schedule private home showings for you. You are able to send your agent every listing that you want to see, and theyíll advise you on it and make arrangements. A good agent will think of all the factors that are involved in scheduling the showings including planning the appointment windows and calculating the driving distances. This way, youíll know how many homes you can realistically see in a certain time frame. Your real estate agent will be able to make all of the calls needed for you and schedule the showings accordingly.    


When you hire a real estate agent, youíll have a professional by your side to walk you through each home. With someone there to help you see both the pros and cons of a property, youíll be able to make an informed decision for your home purchase. Your agent can guide you in everything from the state of the real estate market itself to the neighborhood that yoauíre looking to move into. When it comes to making the most of home showings, the biggest piece of advice that you can take is to not go it alone. This is why having a realtor is a great asset!  





Posted by Cindy Gordon on 9/10/2017

Before you sell your home, you may wonder if there are any areas that you can improve on before putting the home on the market. Kitchen renovations have one of the highest return values of any changes that you make to your home. Itís worth investigating what areas of the room could use some improving. Some of these upgrades donít even require you to start a construction project.


Clear Off The Counters


You donít even have to replace the countertops to add some value to your home. Making it appear as if your counters have the maximum amount of space before you show the home can really impress potential buyers Simply clear your counter, clean it, and make any small repairs that you notice may need to be done. If you have time and the budget, you can always replace tired old countertops. Simply showing that your counters have more room can really make a big difference.  


Add A Backsplash 


You can add a backsplash or update your existing one in order to breathe some life into your kitchen. Make sure that the tiles you choose coordinate with the theme of the kitchen. This is purely cosmetic but a kitchen with a fresh backsplash sells much faster than a tired, worn looking kitchen backslash, or even a kitchen without a backsplash at all.


Add Some Technology To The Kitchen


Buyers like simplicity and convenience in their potential homes. Consider adding some technology to the kitchen like USB outlets and smart appliances. If you can save a buyer from needing to upgrade their appliances and meet their 21st century needs at the same time, your home will be a very attractive sell. There are few things more enticing to buyers than brand spanking new appliances in the kitchen! These updates will surely add value to your home before you sell.   


The Floor 


While floors offer the least return for your investment, buyers donít like looking at old, dirty floors! Take the time to clean up your floor and replace it if needed. Itís not a difficult do-it-yourself project and can really make your kitchen look more attractive.       


Clean The Cabinets


Buyers are very into looking at every nook of the home they may potentially buy. That means if you have nice looking cabinets, you can have a leg up as a seller. Whether you need to clean and stain the wood on your cabinets, add a fresh coat of paint, or do a larger project and replace the cabinets altogether, there are plenty of ways that you can give your cabinets a fresh look, drawing attention to this part of the room. Be sure that whatever you do to your cabinets will bode well with the style of the kitchen.  




Tags: kitchen   renovations  
Categories: Uncategorized  


Posted by Cindy Gordon on 9/3/2017

Need to relocate from one address to another? In all likelihood, you'll need to pack a variety of small kitchen appliances before moving day arrives. Luckily, we're here to teach you what it takes to safely and effectively pack up your microwave, toaster and other small kitchen appliances.

Now, let's take a look at three best practices for packing small kitchen appliances.

1. Clean and Disassemble Your Appliances

Before you start packing, spend some time cleaning your small kitchen appliances. This will ensure your appliances are neat and tidy prior to storing them in assorted moving boxes.

Unplug a kitchen appliance prior to cleaning. Then, allocate the necessary time and resources to wipe down your appliance's interior and exterior. After you clean your kitchen appliances, make sure they are completely dry before you pack them.

In addition, remove any loose parts from your small kitchen appliances. This will allow you to secure all associated appliance components in moving boxes.

2. Choose an Appropriate Moving Box

If possible, use a small kitchen appliance's original box for moving day. The appliance will fit perfectly in this box, thereby reducing the risk of damage while your appliance is in transit.

For those who failed to save the original boxes for their appliances, there is no need to worry. You can purchase moving boxes in a wide range of sizes, ensuring you can find a moving box that will hold any small kitchen appliance.

In most instances, small and medium-sized moving boxes are ideal for myriad kitchen appliances. Use plenty of packing or sealing tape on the bottom of these moving boxes to ensure the boxes won't fall apart. Also, prepare these moving boxes with packing paper to further protect your small kitchen appliances.

3. Wrap Your Appliances in Bubble Wrap or Packing Paper

When it comes to small kitchen appliances, it always is better to err on the side of caution. Therefore, you should wrap each of these appliances in bubble wrap or packing paper and secure it with packing tape. This will help you minimize the risk that the appliance will get damaged during your move.

If you need extra help with moving small kitchen appliances or other items, it never hurts to reach out to a professional moving company for assistance, either. This moving company will learn about your moving needs and help you plan accordingly.

Lastly, if you require assistance with buying or selling a house, it pays to collaborate with a real estate agent. This housing market professional can help you enjoy a fast, seamless homebuying or home selling journey. Furthermore, if you are uncertain about the best ways to prepare for moving day, a real estate agent can offer expert recommendations.

Take the guesswork out of packing your small kitchen appliances Ė use the aforementioned best practices, and you should have no trouble getting your small kitchen appliances packed up and ready to go for moving day.




Categories: Uncategorized  


Posted by Cindy Gordon on 8/27/2017

Securing the best mortgage for your home may seem challenging, particularly for those who are first-time homebuyers. Fortunately, we're here to help you get the best possible mortgage rate, regardless of the real estate market. Here are three tips that you can use to get the best mortgage rate at any time: 1. Find Ways to Improve Your Credit Score. Your credit score likely will influence your mortgage rate. However, those who track their credit score closely can improve this score over an extended period of time. That way, when the time comes to secure a mortgage for a new home, you'll be in great position to get the best mortgage rate possible. Try to check your credit score regularly. You can do so quickly and easily, as you're entitled to one free copy of your credit report every 12 months from each of the three nationwide credit reporting companies (Equifax, Experian and Trans Union). To improve your credit score, focus on paying off any outstanding debt. This will help you enhance your credit score without delay. 2. Take Advantage of a Shorter-Term Mortgage. Although you may consider a variety of mortgage options, a shorter-term mortgage may allow you to pay a lower mortgage rate for a shorter period of time. Remember, just because you choose a 15-year mortgage over a 30-year mortgage does not mean you will wind up paying twice as much for your mortgage payment each month. For example, selecting a 15-year fixed-rate mortgage over a 30-year fixed-rate mortgage may prove to be a viable option for many homebuyers. A 15-year fixed-rate mortgage will have higher principal and interest totals than a 30-year counterpart, while the insurance and tax fees associated with both types of mortgages will remain the same. 3. Look at All of the Lending Options That Are Available. It sometimes can be overwhelming to look at all of the banks, credit unions and other lending options that provide mortgage assistance. Diligent homebuyers, however, will dedicate the time and resources necessary to explore all of the lending options at their disposal to make an informed decision. Ideally, you should try to get multiple quotes from a variety of lenders. This will enable you to see exactly what each lender has to offer and improve your chances of making the best decision possible. Lastly, don't forget to lock in your mortgage rate in writing. By doing so, you'll be able to verify you have the mortgage rate you like and the loan you need to secure your dream home. Understanding the ins and outs of landing the ideal mortgage rate can be difficult. And if you ever have concerns or questions along the way, your real estate agent may be able to point you in the right direction as well. Because this agent boasts comprehensive real estate sector experience, he or she may be able to provide guidance and tips to ensure that you can find a reliable lender and land a great mortgage rate. Find a mortgage rate that works for you, and you may be able to save money over the life of your mortgage.