Friday, May 18, 2018

A Home for Tomorrow

As people near or enter retirement, one of the decisions that typically comes up is whether to sell their "big" home and buy a smaller one. If you know anyone who has been faced with that situation, selling one home and buying a smaller one may not save enough money to make it worthwhile.
 
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There are sales expenses on the property being sold and acquisition costs on the replacement home. Generally speaking, homeowners may not mind a home with less square footage, but they usually don't want to give up amenities or locations that they've become accustomed.
 
After a little number crunching, the move may not make enough difference in savings and they end up staying in their current home even if it doesn't fit their needs anymore.
 
What if while this couple were still in their peak earning years, they acquired a home in an area where they would consider retiring and rent it during the interim. They could put it on a 15-year mortgage and possibly, even accelerate the principal payments to have it paid off by their anticipated move.
 
In the meantime, they could continue living in the "big" home until it is time to make the transition. Sell the "big" home that may be paid for by then and avoid up to $500,000 of capital gain. Take part of the proceeds and remodel the rental/transitional home and invest the proceeds for retirement income.
 
Ideally, the former rental would be mortgage free by this point, so the retirees would not have a house payment. Even if at this point, they changed their mind about retiring to this particular home, they still have a property that acted as a hedge against rising prices and have sufficient equity to purchase something else without using the proceeds from the "big" home.
 
It is difficult to know what the situation will be years from now when a person retires. It is clearly advantageous to have a plan that allows for options and choices. To find out more about purchasing your retirement home today, give me a call at (407) 467-5155.
 
By: PatZaby.com
 
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
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Monday, May 14, 2018

Outdoor Living Additions


Grilling, dining al fresco and relaxing in a hammock are favorite Summer pastimes, and having a patio or deck to enjoy them on just makes them better.  We’ve come a long way since the redwood square decks or 8x10 rectangles of concrete of the 1970’s, and if you’re considering a new backyard recreation area, the options are endless. 
 
Playing with a Full Deck 
  • - Decks are the most popular outdoor space, because it can be built on virtually any surface, including slopes and rocky ground. 
  • - Consider how you will use your space:  grilling and dining, entertaining, maybe enjoying a hot tub soak.  This should determine what size you need, as well as materials to use. 
  • - If your yard slopes or is generally uneven, a deck is the easiest route to go, unless you have the budget or DIY tools for ground leveling. 
  • - Choosing to build a deck is certainly a possible DIY project if you feel up to the time and energy required to construct it, or you can call on a contractor who specializes in outdoor spaces, as they have plenty of know-how when it comes to a deck, and are up-to-date on all the latest features and available materials. This Old House offers a very thorough guide to building a deck, from materials to designs. 
  • - Advantages to building a deck are increased home value, cooler entertaining as air circulates up through the open space underneath, and creativity in designing your outdoor room.  Add a screened area, outdoor kitchen or under-installed hot tub for added personal benefit. 
  • - Deck railings don’t sound very exciting, but it you look at the options, they can make a common deck look like a show piece!  Make your style statement with deck railing ideas from Home Stratosphere. 
 
Concrete, Pavers and Bricks, Oh, My 
  • - A patio is normally constructed on level ground of some sort of hard surface; brick, pavers, stone or poured concrete.  Installation is a bit labor intensive because of the prep work, but the surfaces are relatively easy to maintain after the job is done. 
  • - Patios offer more privacy than a deck, because it’s on ground level, and there’s the advantage of your landscaping to camouflage that area of your yard. 
  • - The options for your surface can be overwhelming, and can be bought in many colors and styles.  Landscaping Network has done the homework for you on how to choose your materials based on many different factors.  
  • - One interesting advantage of having a patio in your backyard area for those who entertain is if you have enough room on the side of your home, you can create a path from the front approach of your home to your backyard courtyard, keeping outdoor traffic out of the house. 
  • - Integrating your landscaping in your patio makes the transition to your green space seamless, giving the illusion of a large open space from your sliding glass doors to the back of the yard. 
  • Many homeowners who have in-ground pools opt for a patio for ease of use and maintaining the pool.  Another bonus for the homeowner is that there is less grass to mow! 
 
Whatever option you choose for your outdoor room, don’t waste the time and expense it took to create it by not utilizing it.  Add some seating, a shady spot, grill or firepit, and enjoy downtime with family and friends or a good book.  Not only is it an investment in your home, it’s an investment in yourself. 
 
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Get Orlando Daily News delivered to your inbox! Subscribe here!

http://go.homeasap.com/homesearch/221183171246872

Photo credit: Houzz

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Wednesday, May 09, 2018

Flipping the Air Conditioner Switch

If you haven’t already, it’s time to start our air conditioners for the season.  Let’s look at some tips to getting it going, and keeping it running all Summer. 
 
General Clean-Up 
  • - Most central AC units are outside, and we camouflage them with plants.  Carefully using trimmers, cut the plants back about two feet from the unit. Trim any branches that hang too close as well. You want the unit clear of air flow obstruction, so it can run efficiently. 
  • - Turn off electricity to the unit, and use the hose and gentle spray nozzle to wash all debris and leaves that may have collected on the unit. 
  • - Check the drain tube on the unit that it is clear of anything that could keep the dripping condensation from flowing freely and away from the house. Use a small piece of wire to clear out any gunky build-up on the inside. 
  • - Test your AC before you need it by turning it on and allowing it to run for a few minutes.  If the air isn’t cooling, you should call your installer or an HVAC service person. 
  • - If you’re not comfortable doing the minor cleaning yourself, most HVAC companies offer a service plan to check coolant levels, as well as clean your unit.  Call your installer to inquire about servicing your unit. 
  • - Window air conditioners can use a sprucing up as well, and Apartment Therapy offers a three-step guide to keeping the unit running smoothly. 
 
Maintaining Your Cool 
  • - The filter on the intake vent collects dust, dirt and allergens.  Changing it monthly isn’t completely necessary, but checking it is.  If it’s obviously dirty, replace it with a new one not only to keep allergies at bay, but to keep the AC unit from working too hard. 
  • - A programmable or smart thermostat will save money on energy costs, as it will adjust the temperature according to the time of day, and when you are home or out. 
  • - One mistake many people make is to close registers in rooms that aren’t used, thinking this will save money by not cooling them.  It’s best to keep them open, because your unit will be blowing air continuously, and blocking the air flow can cause leaks to develop in your ductwork. 
  • - Airflow is important inside, so keeping interior doors slightly opened is better than closing them tight. 
  • - We love natural light streaming into our homes, but if the hot Summer sun is shining directly into a room, it’s best to close the blinds to help maintain the temperature your thermostat is set on. 
  • - Ceiling fans are a huge help in keeping us feeling cooler, so make sure the fans are turning in a counter-clockwise direction so that it gives a wind chill effect, but keep them off when you’re not in the room--it’s a waste of energy. 
 
If it’s time to upgrade or replace your old unit, do some research to decide what type of AC you’d like to have installed.  Ductless air conditioning is a technology that is becoming more popular and affordable and may be a good option for some. Whatever you use to condition the air in your home, all it takes is a little maintenance on your part to keep from losing your cool, figuratively and literally. 

http://go.homeasap.com/homesearch/221183171246872
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Get Orlando Daily News delivered to your inbox! Subscribe here!
 
Photo credit: homestructions.com

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