Mold in a home can present serious health risks for the occupants, and even more problems for those looking to buy or sell a house. Remedying a major mold problem can be costly, so taking steps to ensure that mold can’t gain a foothold is important for you and your family.

Control the humidity – Keep your humidity levels low….No higher than 50%. Most people run into humidity issues in their basements, so think about getting a dehumidifier if you are having trouble with moisture levels. If you have central a/c, then controlling the humidity level of your house should be relatively easy, as the air in your home will be constantly on the move, keeping humidity from building up in any one particular room. Just be sure to have your air conditioning and heating ducts checked for signs of mold.

Check Your Vents – Dryer, kitchen, and bathroom vents can all pose mold problems if they aren’t built to blow exhaust directly out of your home.

Flooding – If your home happens to incur flood damage, be sure to rectify the problem within 24 house, and at most, 48. Any longer than that, and you risk mold growth. Sometimes, minor flooding issues can be overlooked for a day or two, so if there are any instances where carpets, rugs, or upholstery are moist or wet for an extended period of time, then have them replaced to avoid mold complications.

Painting – If you plan to paint your home, look into adding mold inhibitors to your paint. This will cut down on the amount of places in your home that mold can proliferate.

If you suspect that your home has an existing mold problem, then please follow the link provided.

http://www.epa.gov/mold/moldcleanup.html

Tagged with:
 

If you are in the market for a mortgage you will need to know how a lender determines if you are a good candidate for a loan. When you apply for a mortgage or look to refinance your current mortgage there is a mortgage loan underwriter who who has the job of reviewing your loan application and all of the accompanying documents.

After you have completed all the paperwork on your end, you may be wondering what exactly is the underwriter looking for?

Typically, the underwriter is looking for two things: 1.) your general creditworthiness and 2.) your debt-to-income ratio.

How does an underwriter evaluate creditworthiness?

Your creditworthiness will give the lender an idea of your willingness to repay your debts. The most common way to determine creditworthiness is to use your credit score. The lender usually uses your FICO (Fair Isaac Corporation) score. Your FICO score is based on an analysis of your various credit files by the three major credit repositories, Experian, TransUnion and Equifax.

How does the underwriter determine debt-to-income ratio?

The second thing the underwriter wants to determine is how the new mortgage payment will impact your ability to repay. The underwriter will use a calculation called debt-to-income ratio (DTI). When calculating DTI the underwriter compares your monthly gross income (before taxes) and your monthly debts. DTI requirements vary but typically the underwriter is looking to see if the ratio of debt to income— after the cost of your mortgage principal, interest, real estate taxes, insurance and any private mortgage insurance — is less than 40 percent.

There are many other factors that go into whether or not you will be able to obtain a mortgage but these are two of the biggest factors.

In the hustle and bustle of prepping a home to be sold, many people overlook one very important detail; home safety. And while you’d like to think that prospective buyers visiting your home are upstanding citizens, the simple truth remains that selling your home opens your door wide open to complete strangers…Strangers who are going to be encouraged as potential buyers to explore every detail of your home. Luckily, by taking a few small steps, you can rest a little easier.

1. Hide you valuables – This may seem like a no-brainer, but you’d be surprised how many people forget to put away common valuables like jewelery, high-value collectables, expensive perfumes, and high-end designer accessories like handbags and money clips. Be sure to go from room to room, keeping an eye out for anything that may hold appeal for a potential thief, and tuck away anything you think might draw a thief’s attention. Do a follow-up walk of your house the next day, just in case you may have missed something.

2. Firearms – If you are a homeowner who is also a gun and/or weapon owner, then you are probably already taking the necessary precautions in regard to gun safety. However, for some collectors, prominent display is one of the things that a gun owner may take pride in. Just because your guns are in a locked, secured display case doesn’t mean that they still don’t hold risk to you or your loves ones. In a private setting, a locked display case is just fine…But in a situation where you are selling your home, complete strangers will have the ability to see that you are a gun owner, how many guns you have, and the precise location of your collection. Considering the value of a gun collection can run into the thousands, they should be treated just like any other valuable in your home; locked away and out of sight.

3. Personal mail – Things like bill invoices, credit card statements, and social security information should be put out of sight. Identity theft is on the rise, and by taking the proper precautions, you can avoid your personal information from falling into the wrong hands.

4.Prescription medication – Be sure to remove medications from your medicine cabinet that carry the potential for abuse.

5. Parental safety – If you are a parent, you’ll obviously want to take precautions to keep your children safe. Remember…You are allowing complete strangers full access to your home. For peace of mind, consider removing family photos, personalized items such as prominently displayed school jerseys and embroidered pillows, and that A+ math test on the refrigerator. Many people feel this step is either unimportant or unnecessary. If you feel fine with displaying these items, then feel completely free to.  The odds of a person wanting to do your family harm are fairly low.  But if you are a “better safe than sorry” kind of person, then consider this step.

As long as a few precautions are met, you have no reason to feel uneasy about your home being shown. The vast majority of the people who are going to be looking at your house are responsible members of society, looking for a home to either start or grow their own families. That being said….Better safe than sorry.

Come hideaway in this unique vacation home!!! This vacation getaway has views of Beautiful Buttermilk Bay and association beach and more! Enjoy this 2 bedroom cottage with fenced in yard.Town water and town sewer. Enjoy the beach or go clamming, fishing or kayaking in Buttermilk Bay. So much to enjoy. This home is minutes to the Bourne Bridge, shopping, local restaurants and attractions.

This is a Cottage style home and features 5 total rooms, 1 full bath, 2 bedrooms, and is currently available for $129,900.

For complete details click here.

Tagged with:
 
Set your Twitter account name in your settings to use the TwitterBar Section.