Kim Daneault
KELLER WILLIAMS REALTY / Metropolitan | 603-345-7783 | [email protected]


Posted by Kim Daneault on 3/17/2019

Real estate terminology can be confusing for both new and experienced homeowners alike. Especially when it comes to the various types of loans. If the different types of loans have your head spinning, donít worry. I hear you!

Hereís what you need to know:

Mortgage prequalification is an estimate a lender will give as to what you will qualify for when a more in-depth analysis is made. It doesn't guarantee anything and is to be thought of as a rough ballpark estimate.

Mortgage pre-approval is when a more in-depth review is made. The lender will take your income, debt and other factors into consideration to give you a more conclusive number. This number is the max they will lend out to you. It does not mean you have to take out the full amount.

Adjustable rate mortgage or ARM is a mortgage in which the interest rate changes over time. These changes are dependent on an index based on the credit markets. The change in interest rate should reflect a fairness of risk to both the lender and borrower. These changes are regulated by the government and there is a limit to the charges. The initial lower rate the first few years is a draw for many borrowers.

A fixed-rate mortgage or FRM is, as you might have guessed, one where the interest rate does not change throughout the lifespan of the loan. These loans are seen as risky in that the interest rate doesnít reflect the flux of credit market values. What this means is that sometimes the risk for the lender increases if the market value of the home increases. And the risk increases for the buyer when the market value of the home decreases.

Conventional loans have fixed terms and rates and are not ďgovernment-backedĒ. This simply means they are not guaranteed by the government or insured by a government agency. Examples of these agencies are the Federal Housing Administration (FHA), the Farmers Home Administration(FmHA), and the U.S. Department of Veteran Affairs (VA).

Private mortgage insurance or PMI is a type of insurance for a conventional loan. This loan protects the lender if, for whatever reason, you were to stop making payments. Itís usually a monthly premium tacked onto your mortgage payment. It can also be an upfront cost you only need to pay once. This is a decision that is up to and may be mandatory, by your lender.

Federal housing administration loan or FHA loan can only be obtained from qualifying lenders. These loans are insured by the FHA. This mortgage is designed to assist home buyers who have a low to moderate income and canít afford to put down a large down payment. The down payment can be as low as 3.5% of the home's value for borrowers who qualify.  





Posted by Kim Daneault on 3/10/2019

One of the many challenges of putting your home on the market is keeping it clean!

That task can be even more difficult if you have kids, pets, and a busy schedule. If everyone is always rushing off to their jobs, classes, lunch dates, meetings, practices, or appointments, it's hard to keep your home in a perpetual state of cleanliness and order.

Probably the first step to keeping your house ready for real estate showings is to remind your family to clean up after themselves. While this may require more than one reminder, any amount of cooperation will help keep messes to a minimum. Implementing some sort of reward system or even a competition among siblings, can go a long way toward maintaining a semblance of order in the house. Some parents even post a calendar of assigned chores to make sure everyone does their fair share.

Professional Help May Be Needed!

Getting your home ready for real estate showings can feel like a monumental task, especially if you have a large house and a messy family! The good news is that you can hire some outside help without depleting your kids' college funds! Many households already have a house cleaning person or service that comes in at least a couple times a month to keep things looking civilized. If your house is actively being shown to prospective buyers, however, you might want to consider having your housekeeper clean the house a little more frequently than usual. That way, you only have to do some minor tidying up when your real estate agent notifies you about a scheduled house showing in a few hours or tomorrow morning.

If any of your rooms are carpeted and the floors haven't been professionally steam-cleaned for as long as you can remember, it may be time to hire a carpet cleaning service. Carpeted floors have an unfortunate tendancy of locking in stains, allergens, and ground-in dirt for months, if not years! Although you can often improve the appearance of your carpets by cleaning them yourself, it often requires the services of a professional carpet cleaning service to really get those stubborn stains out. You can often get recommendations from neighbors, friends, relatives, or coworkers, and can look for online reviews of carpet cleaners on social media websites.

Once you've cleaned, dusted, and sanitized the inside of your house, there may be one more area to tackle before you're ready to have your house shown: its exterior! Your home's siding may be covered with filmy layers of dust, grime, splatters, and environmental pollutants -- a condition which thankfully can be reversed by using the services of a local power-washing company. While not all power-washing services are created equal, a reliable one can remove years of accumulated filmy deposits from pollen, birds, spider webs, acid rain, snow blower splatters, rust, smoky emissions from backyard barbeques, vehicle exhaust emissions, and other miscellaneous air pollution.

So even though the environment, your family, and the wear and tear of normal, everyday use will take its toll on the appearance of your home, there are many things you can do to reverse that process and restore many aspects of your home's original freshness, charm, and appeal!





Posted by Kim Daneault on 3/3/2019

When youíre searching for a place to live if you have kids, or even if youíre planning on having kids in the future, the neighborhood you choose is of concern. When youíre single, itís easy to fill your desire for the city. You live near bars, clubs, conveniences, and more. Once you start thinking with a family in mind, your ideas shift. 


So, if youíre looking for a neighborhood with children in mind, where do you start? Read on to discover the top priorities of a kid-friendly property search. 


The Schools


Most parents put a lot of consideration into where their children will go to school. Many resources allow you to research different school districts. You can also visit schools in person, or talk to other parents and see their opinion of the local schools for specific neighborhoods. 


The Safety Of The Area


Whether you have kids or not, you want to know that the area youíre going to live in is safe. Before you select a neighborhood to live in, youíll want to research the crime rates in the area. You might assume that individual cities and towns have better crime rates than others, but you may be surprised. Ask your local real estate agent for more information on local crime rates and how to research them. 


Sense Of Community


If you are moving with kids or planning on having a family anytime soon, youíll want to have a supportive community surrounding you. Having a community means that there are other families around with children. This way, it will be easier for you to build a network of other moms who are in the same stage as you. Some things to consider are:


Are there sidewalks in the neighborhood?

Is there a lot of traffic in the area?

Are there places for kids to play nearby? 

Do you see families out for a walk together?


Answering these questions will give you an idea of how family-friendly your neighborhood will be. Sidewalks make the area accessible for kids to go and hang out with their friends safely. Parks and playground are not only a great place to play for kids but a great place to meet other parents. If a neighborhood has the things that you want for your family, chances are, many other families in the area feel the same way. 


Choosing a neighborhood can be difficult, but with a little research and groundwork, youíll be able to select an excellent place for your family to live.   






Posted by Kim Daneault on 2/24/2019

Valentine's Day is fast approaching, and you forgot to make a restaurant reservation. Maybe a prix fixe menu at a fine-dining location isn't in the cards this year. Don't worry! In most cities are plenty of affordable, or even free, and last-minute things you can do that are just as romantic as that fancy dinner.

Picnic in the Park. 

If you canít get into that restaurant, consider creating your own dining experience. Pack up a home-cooked, or prepped, meal and take your loved one out to a picnic in the park. Find a nice grassy area with a view or pretty trees and set up your cute blanket, picnic basket and cozy up for a peaceful outdoor romance experience.

Scenic Drive. 

Take your partner on a beautiful scenic drive. No matter where you reside, it only takes a quick ten to fifteen minutes designing a trip your partner will enjoy. Maybe you go out to the country and drive through the charming landscape. Perhaps you take a stroll down memory lane and drive through the city by all your favorite places. If you have a little time to take into consideration their interests, you can design a drive around new things to show them. Maybe your loved one is a history buff, find historical locations throughout your city or county and take them on a historical adventure. Or, take them on a pop culture drive around town and tell them some anecdotes about their favorite celebrities, artists or musicians. 

Scavenger Hunt. 

Consider a scavenger hunt. You can find many free scavenger hunts online for cities all over the United States. Do a quick search and find one that fits you and your partnerís preferred activities or interests. Hop in your car and take them on a surprise adventure. At-home Romance. Of course, you can always go with a classic. 

At-home romance. 

Set a romantic dinner table and make your partnerís favorite dish or order in from their favorite take-out joint (plating the food nicely). Set up a backyard picnic and enjoy a fire or stargazing together. Prepare a romantic movie night with their favorite action, comedy or romance movie and all of their favorite snacks. You can also just something nice for them or add a nice gesture along with a meal activity, like setting up a relaxing bath or giving them a foot or back massage.

Without going outside your budget, you can create a wonderful romantic experience in a short amount of time. A handcrafted experience demonstrates that you considered your partnerís preferences and taste and created something just for them.




Tags: date night   romance  
Categories: Uncategorized  


Posted by Kim Daneault on 2/17/2019

Sticking To Your Goals

Each new year brings with it new beginnings. Some ambitious goals and priorities are set. Some people make their resolutions to lose weight; others make decisions to follow their dreams. As the year advances and as we approach the next month, those goals and resolutions become less tangible and become allusive. There are some ways that you can allow yourself to take baby steps in achieving your goals and succeeding.

First things first, find out the ďWhyĒ of your goal. What is motivating you to do what you are doing? If the goal is to lose weight, define the underlying reason. Is it to become healthier, is there a trip coming up, summer body? Will this goal affect your life for the better? How will it affect your relationships? When you understand the ultimate reason for your goal, it will help keep you on track in those moments of weakness. 

Set A Schedule

Setting a schedule can also help you visualize achieving your goal. Some daily planners are inexpensive and helpful to use in your day-to-day life. If you prefer to have your planner handy at all times, utilize the calendar on your phone. There is something about seeing your goal and reminding yourself of what you are trying to achieve.

Accountability

If you are someone that needs others to cheer them on, tell a friend or someone that you can be accountable to. Having a person that you can talk to during the process and that can cheer you on is beneficial in achieving a goal. Disappointing others is always a motivating factor when someone wants to change their lives for the better.

Track Your Progress

When setting yourself up for success, make sure to track your progress. Seeing progress is also a motivating factor to push you further onto your achieving your goal. If a goal is to get out of debt, watching that balance begin to decrease will encourage you to stay on track. Remember that small steps will lead to great success.

Cut Yourself Some Slack

Lastly, do not be hard on yourself. Change is not simple and does not happen overnight. Its consistency, dedication, and discipline that ultimately leads to the biggest win. Having a positive attitude can lead you to a more significant outcome. Provide yourself with words of affirmation and forgiving yourself in times of weakness.

A famous quote says when you fail to plan; you plan to fail. Having a game plan in achieving your goals is essential. Take your time and enjoy the process.




Tags: Setting Goals   how to  
Categories: Uncategorized  




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