RE/MAX Town & Country



Posted by Debra & John Blanchet on 7/18/2018

The heat of the summer can spell tons of outdoor enjoyment. It can also spell a lot of danger to the health of you and your loved ones. Whether youíre at the beach, hanging out in the park, or simply enjoying an outdoor BBQ, youíll want to have sun safety at the top of your list. 


Sun Is A Good Thing


Sunlight is a good thing. It helps plants and flowers to grow. It provides us with much needed vitamin D, and it gives us happiness as we bask in the glory of the sun. Thereís one major problem with sunlight and that is the harmful UV rays that come from the light itself and can cause health problems and damage to our homes. Read on for more tips and information surrounding UV rays and how to stay safe in the sun.


UV rays stand for ultraviolet radiation. There are two types of UV rays: UVA and UVB rays. UVA rays penetrate the skin at a deep level and are responsible for aging cells, causing wrinkles, and other visible signs of aging. UVB rays are what cause your skin to burn when youíre out in the sun. Both of these types of UV rays have been shown to be responsible for causing various types of cancer.


If you know when and how to avoid UV rays, you can protect yourself and your family from danger. UV rays peak between the hours of 10 AM and 4 PM. The forecast sometimes includes something called the UV index which helps you to know how strong the rays will be that day. As a hint, when the UV rays are the strongest, your shadow will appear shorter than your actual size. If you see that short shadow, it may be a good time to stay out of the sunlight, at least directly.          


Damage To Your Home


If the windows in your home arenít equipped with UV protection, you could be facing UV damage inside your home as well as out. High quality windows and window films can help to protect the inside of your home from up to 99% of harmful UV rays. The good news is that you donít need to replace your windows in order to get the protection. A simple UV protectant film will do.  


Your Fabrics Fade


UV rays can cause the fabrics in your home to fade and deteriorate over time. Everything from your window treatments to your sofa can lose their color. Buying the right kind of window treatments (like blackout shades and curtains) and positioning your furniture strategically can help you to avoid the effects of UV rays inside of your home. Stay safe in the sun this season both indoors and out by taking the right precautions.    






Tags: home safety   safety tips  
Categories: outdoor safety   outdoors  


Posted by Debra & John Blanchet on 7/17/2018

This Single-Family in Lincoln, RI recently sold for $390,400. This Ranch style home was sold by Debra & John Blanchet - RE/MAX Town & Country.


15 Musket RD, Lincoln RI, `02865

Single-Family

$390,400
Price
$390,400
Sale Price

3
Beds Total
5
Numberof Rooms
2/1
Full/Half Baths
Great house in Saylesville highlands. 3 bedroom, 2 1/2 bathrooms, hardwoods under carpets in living room & bedrooms. EIK Kitchen open to dining area and living room. Fireplace family room in basement with 1/2 bath, storage room, spare room and a work shop room. Extremely well maintained property and landscaping is immaculate. Come make this your home in this wonderful neighborhood!

Similar Properties





Categories: Sold Homes  


Posted by Debra & John Blanchet on 7/17/2018

This Single-Family in Smithfield, RI recently sold for $680,000. This Colonial style home was sold by Debra & John Blanchet - RE/MAX Town & Country.


75 Cedar Forest RD, Smithfield RI, 02917

Single-Family

$680,000
Price
$680,000
Sale Price

5
Beds Total
9
Numberof Rooms
3/1
Full/Half Baths
Stellar executive colonial located on a beautiful cul de sac in Smithfield. Designed for today's living this home features a large open floor plan, hardwood floors and high ceilings. If you like to congregate in the kitchen, this is the home for you. Enjoy peace and tranquility sitting on your deck overlooking the woods and historic stone walls. This home also has a wonderful finished walk out lower level with bedroom, bath and sitting area, perfect for visiting friends, in law apartment or au pair. Upstairs there are 4 bedrooms including the oversized master bedroom with 2 walk-in closets. Laundry is centrally located on the second floor as well. This high quality home has everything you have been looking for, call today for a private showing.

Similar Properties





Categories: Sold Homes  


Posted by Debra & John Blanchet on 7/11/2018

You may have heard of private mortgage insurance, also known as PMI, but youíre probably not sure what exactly it is. If your down payment is less than 20% of the purchase price of the home, then youíll need to pay for this additional insurance in order to secure a loan for the home. This type of policy protects the lender if you end up in a foreclosure situation. This way, the lender is assured that they will not lose money. 


Private mortgage insurance is also required if you refinance your home when it has accrued to less than 20% equity. Again, this protects the lender from losing money if the loan is defaulted on. 


Fees


The fees involved with private mortgage insurance can range based on a few factors including the actual size of the down payment and your credit score. You can expect the cost of the insurance to be somewhere between 0.3% and 1.5% of the loan amount per year. The PMI premiums are tax deductible some years and other years they are not. It really all depends upon the state of the government and what they have enacted for the particular fiscal year. Private mortgage insurance premiums can be paid either monthly or with a large payment upfront, although most policies will require the borrower to pay on a monthly basis.    


This Insurance Can Be Canceled


The lender will automatically cancel your PMI once the loan drops down to 78% of the homeís value. For this reason, youíll want to keep track of your payments in order to see how far away you are from shedding this monthly fee. When your loan is paid down to 80% of the homeís original value, you have the right to ask your lender to discontinue to insurance premium payments.


What Is The Loan-To-Value Ratio?


This ratio is the amount of mortgage debt in the form a percentage based on how much the home is worth. Itís calculated by the following formula:


Amount owed on the mortgage/Appraised value


This is an important factor when it comes to matters of PMI insurance, as itís how the required loan payment percentages are calculated. If a home is worth $100,000 and $80,000 is still owed on the home, the loan-to-value ratio is 80 percent. This means the borrower can request the insurance be cancelled.      


FHA Loans Have Different Requirements


If you secure an FHA loan, they require the payment of PMI premiums for the entire life of the loan. You canít exactly cancel these insurance payments but you can refinance the loan in order get rid of the insurance. This means that you will no longer have an FHA loan.           


Private mortgage insurance can be a nuisance, however as a first-time homebuyer with little capital, the fees may be worth it when youíre able to secure your first home.




Tags: Mortgage   PMI   what is pmi  
Categories: mortgage   Insurance   First Time Buyer  


Posted by Debra & John Blanchet on 7/4/2018

Preparing to list a house can be a stressful time for any home seller. Fortunately, we're here to help you alleviate stress as you get ready to add your home to the real estate market.

Now, let's take a look at three tips to help you minimize stress as you prepare to list your residence.

1. Reach Out to Family Members and Friends for Help

Family members and friends generally are ready to lend a helping hand whenever they can. As such, you should reach out to loved ones to help you reduce stress as you get ready to sell your house.

Remember, family members and friends have your best interests in mind. These loved ones will do whatever they can to assist you, even tough jobs like helping you clean your residence or remove clutter. Thus, you can work with family members and friends to ensure you can prepare your residence for the real estate market in no time at all.

2. Don't Hesitate to Contact Professionals

Perhaps one of the best ways for a home seller to minimize stress is to hire professional assistance. Because if you have professionals at your disposal, you can get the help you need to instantly enhance your house.

Whether it's home cleaners, landscapers or other professionals, you can quickly and effortlessly find plenty of top-notch professionals in your area to help you complete various home upgrades. If you hire any of these professionals today, you can accelerate the process of prepping your house for the real estate market.

3. Collaborate with a Real Estate Agent

If you intend to sell your house and want to get the best-possible results, you should hire a real estate agent. With a real estate agent at your side, you can receive expert support to help you manage stress at each stage of the home selling journey.

Typically, a real estate agent will meet with you to learn about you and your home selling goals. He or she then will craft a personalized home selling strategy designed to help you accomplish your desired results as quickly as possible. Plus, a real estate agent can offer plenty of tips to help you upgrade your residence prior to adding it to the housing market.

A real estate agent will go above and beyond the call of duty throughout the home selling cycle too. He or she will set up open houses and home showings, promote your residence to the right groups of buyers and help you review offers to purchase your residence. Furthermore, if you ever have concerns or questions during the home selling journey, a real estate agent is happy to respond to them.

Stress can be problematic, particularly for a home seller who is unsure about how to prep his or her residence for the real estate market. Thanks to the aforementioned tips, you should have no trouble improving your residence and ensuring it stands out to potential buyers.







Tags