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What To Watch Out For When Buying A Home

INTRO

If you are thinking of buying a home there are many things you need to look for. With your home being one of the biggest if not the biggest investment you’ll make, it’s important to watch out for these items.

REPORT

There are many things to consider when you are purchasing besides the obvious, how many bedrooms, is the kitchen large enough, etc. This report will go over some off the less obvious things. This way you can be even more confident when you do purchase your home you’ve covered all your angles.

Location– You might be in love with the look of house, or the size of the bedrooms, but don’t forget about the surroundings. Take a look at the area, are you close to schools, are you close to work, is there a lot of noise or traffic? All these are very important factors, where you can remodel a bedroom, you can’t change your neighbor so easily. Even if the house seems like a dream home, do your research on the area and make sure it matches up to home.

Situation Factors– Beyond look at just the home itself and the location, look a little closer. Check out the lot, is it on a hill, do the neighbors windows look right into your house? Is the yard enough for your needs? You might have elderly family members visiting often and there a few steps to your front door which would make it hard for them to enter. These little things can add up so pay attention to small details.

Check Out The Neighborhood– Beyond just looking at where school, your work or shopping are from your home, check out the neighborhood for yourself. Drive around both on both the weekend and weekdays. Check out the other homes in the neighborhood, are they are in good condition, does it seem that the owners care about their homes? Is it safe for kids to play? Just like with the location, once you move in you can’t change your neighborhood.

Size And Floor Plan– There might something about a home you are looking at that you’ve fallen in love with, but ask yourself are some of these things impractical? Make sure the size what you need. If it’s too big for your needs, remember you will have to pay higher power bills and property taxes. Or if you really like to entertain it has enough room to accommodate all your guests.

Rooms– Before you even start look at homes make a plan of exactly what you are looking in terms of the rooms in your home. For example with bedrooms, figure out exactly how many you’d need, there is no sense in checking out a home that has less then you need, but it might have something else that you really like. All it will do is cloud your judgment. Same thing goes for the kitchen, in many homes the kitchen is the center of the home, make sure it has the size and shape you need. Don’t worry about the appliances they are a lot easier and cheaper to replace then to completely remodel a kitchen.

Finishing Touches– These items are the most over looked when someone is buying a home. They might seem small like moldings, roofs, or a fireplace. A roof for example is something people don’t think about, but is very important. A leaky roof can cause of damage and be very expensive to replace.

If you have any questions about what to look for, or would like to be referred to some of the best real estate agents in your area just contact us and we’ll be glad to help.


FHA Loan Basics

INTRO

Ever wondered what exactly is a FHA loan? It’s a great loan program that makes home ownership possible for more people. If you’ve had trouble find a conventional loan that works for you, a FHA might be right for you. This report will answer all your questions.

REPORT

The Federal Housing Administration or FHA is a government agency that was created to make home ownership available to more people. The FHA loan has helped 34 million people to own a home, and it can help you attain the dream of home ownership. Even though a FHA loan isn’t just for first time homebuyers, this loan is perfect for anyone who has thought about owning a home at one point. The requirements are easier to qualify for then a conventional loan. The biggest advantage is that the down payment is usually much lower then a conventional loan.

Here are the basics of the advantages of a FHA loan.

Low Down payment – The down payment is often the biggest thing that has stopped someone from owning a home. With down payments of 20% on conventional loans being common, this can be very difficult for many people to come up with. According to the US Census Bureau the average price of a home in the US is $273,000, with a 20% down payment, someone would need $54,600. Most people don’t have that kind of money lying around. With a FHA loan the down payment is only 3.5%, or a $9,555 on a average priced home, which many more people can afford.

Lower Credit Requirements– Credit requirements for conventional loans these days can be pretty high. Not only that, but if your credit isn’t perfect you can end up paying more on a down payment. If your credit is less than perfect, FHA might be the loan for you. You may qualify for an FHA loan even though you have had financial problems. Even if you’ve had bankruptcies a FHA loan is not out of question as long as you can show that you’ve made consistent payments for the last 2 years.

No Mortgage Insurance– Since the FHA is a government loan, it is backed by the government. Because of that there is no need to pay mortgage insurance that you would pay on a conventional loan. That makes your monthly payment less, and could save your hundreds of dollars a year.

There are of course limitations, not every home qualifies for a FHA loan. The loan limits on a FHA loan are typically $417,000. There are some areas where homes prices are more expensive that have higher limits. To find out what your loan limits are please contact us. We can also pre-qualify you to find out if a FHA loan is right for you.

loan that was created to make homeownership easier for everyone.


Jumbo Loan Basics

INTRO

If you are looking to purchase a higher priced home or live in a more expensive part of town a Jumbo Loan might be the loan program for you. This report will educate you on exactly what a Jumbo Loan is.

REPORT

Loans above the conventional loan limit amount established by Fannie Mae and Freddie Mac are known as jumbo loans. There are also other larger jumbo loan programs for properties that are above jumbo loan limits. Those programs being called super jumbo loans and maximum super jumbo loans. Jumbo loans tend to be harder to qualify for so it is important to educate yourself so you don’t end up paying too much for one.

Here are the basics of a jumbo loan:

Higher Loan Limits– Jumbo loan limits are higher, however the limits are different from county to county.  They are never higher then $625,000 as of Oct 1 2011. Super jumbo loans have a limit of $1,500,000. Then maximum super jumbo loans go up to $20,000,000.

Higher Interest Rates– Because of the higher loan amounts, they are more difficult to close which is why the rates tend to be higher.

Not everyone can do jumbo loans but we do. They are more complicated then traditional loan program so that why you need an expert to guide through the process. Contact us today


First Time Home Buyer Mistakes

INTRO

If you are a first time home buyer, it can be a bit intimidating. Purchasing a home is a huge investment this report will go over some of biggest mistakes many 1st time home buyers make. That way you can make sure you are fully aware when you do purchase your first property.

REPORT

Often times first time home buyers go into purchasing a home without fully thinking about the financial commitment they are about to get into. This report will help you figure out if now is a good time for you to purchase a home.

Don’t Look For A Home Before You Get A Loan– This is one of the biggest mistakes 1st home buyers make. Often time’s people just go out searching for a home based on a price they think they could qualify for. The problem is many times that number is way off from reality. Don’t be afraid to ask us what you can qualify for, even if you can’t qualify for a loan for the type of home you are looking for at least you’ll know and won’t waste your time. Also when a real estate agent knows you are a pre-approved buyer it gives you a big advantage since there are no guessing games. That way you have more leverage in negotiations.

Don’t Use Your Entire Life Savings For A Down Payment – This is another huge mistake 1st time home buyers make. Don’t let the excitement of owning a new home put you in a bad financial situation. Life has a strange way of giving us surprises and the last thing you want is to be in a situation where you don’t have any money because all of it went to into your down payment. Every situation is different, but it might be smarter to pay less on a down payment, and then have slightly higher monthly payments, rather then putting all your money in on a down payment.

Don’t Have The Seller Pay The Closing Costs– It’s not so much that you want to pay closing costs, as much as could you pay for closing costs? What does it say about your financial situation that having the seller pay for the closing costs is the only way you can purchase a home?

Use it as a test for yourself, because purchasing a home is a longer term commitment. Instead of having the seller pay for the closing costs try getting the seller pay your points, mortgage insurance or a home warranty. This will save you money on your monthly payments, not just make the initial purchase easier.

Don’t Use Alternate Payment Methods On Closing Costs– If you will use your 401k, IRA, tax return or inheritance to pay for your closings cost think again. Just like in the reason above, if you need to use these alternate methods what does that say about your financial situation? A lot of these payment methods are designed to give your family financial security, so think twice.

Don’t Fall In Love In A Home– Sometimes 1st time home buyers find a home and for some reason they just fall in love with it. It could be the neighborhood, it could be a pool in the yard or newly remodeled kitchen. This however could make them blind to other issues in the home. The important part is to remember when you are purchasing a home you buy the whole house, not just what you feel in love with. It’s important to take the emotion out of the process, and take a serious non biased view of every property you look at.

Don’t Jump Into Buying A Home Without A Professional– Many times 1st time home buyers get overly excited with purchasing a home and over look important thing. The home buying process is full of tiny details and fine print, so going into blindly can really cost you. We pride ourselves in giving you the best advice and make sure you are not walking into anything you don’t want or need. Also it is important to know the local housing trends. They change constantly and we have the relationship with the best real estate agents to make sure you get the best deal for your budget.

Buying a home is usually one of the biggest investments in anyone’s life, make sure you are well informed and work with a professional who can guide you in the right direction.


Refinance: What Are The Differences?

INTRO

Have you wondered what the difference between all the refinance options are? This report will break them down for you, so you can see which would work best for you.

REPORT

With interest rates at record lows there has been a lot of talk about how right now is the best time to refinance. If you’ve looked into it, you might have heard of a few different types of refinances mentioned. The first being to just refinance an existing loan, or to do a “Cash-Out” to pull money from your existing home.  Then there is the HARP program created by the government to help people who have tired to refinance before, but weren’t able to. Depending on your situation or what you are looking to do with a refinance this report will help you understand the difference so you can figure out which one is right for you.

Refinancing Your Loan– When you refinance you basically obtain a new loan to pay off an older one. The main purpose to refinance your loan is to get a lower interest rate, which means you spend less money each month on your mortgage. When you purchase your current property there was a certain interest rate that you got. Now with interest rates at record lows, there is a big chance that the rate you got then is higher then they are now. Because of that you could be paying more for your home with that old loan then you could with a refinanced loan.

If you are looking to take advantage of historic low rates, so you can lower your monthly mortgage payments you need to look at a refinance loan.  Here are few options for a refinanced loan:

  • 15-year refinance loans. Fifteen-year refinance loans are a popular option if you’ve paid off part of your existing mortgage and don’t want to restart the clock on a new 30-year refinance loan. Fifteen-year refinance loans generally offer a lower interest rate, but have a higher monthly payment than 30-year refinance loans.

 

  • 30-year refinances loans. Refinance loans with a new 30-year term may be a good choice for you if you want to lock in a fixed interest rate, but don’t want to commit yourself to a higher payment.

Whether you choose a 15-year or 30-year refinance loan, consider the total interest expense as well as the new interest rate and payment.

Cash-Out Refinance– If your home is worth more than you owe on the existing mortgage you can use a cash-out refinance loan to gain access to extra cash. You can’t get a cash-out refinance loan if you owe more than your home is worth.

For example if you owe $80,000 on a home valued at $200,000 it has $120,000 in equity. That equity can be liquidated with a cash out refinance loan providing the loan is larger than $80,000.

If you need the extra cash to pay off debts, pay for home improvement projects, a child’s college, or even a vacation a cash out refinance is for you.

HARP Refinance-The Home Affordable Refinance Program or HARP 2.0 is a newer program started in 2009 that can help you refinance if a traditional refinance hasn’t worked for you because your home’s value has declined. This is not a program for you have not been paying your mortgage payments. This is a program for you if you have been responsible with your mortgage payments and also not missed a payment in the last 12 months. Now because of the decline in the price of your home, you have been stuck and not able to take advantage of saving money on their mortgage with a refinance. Rates are at historic lows, so the HARP program has been created so more people can take advantage of them and lower their monthly payments.

Contact us today and we can figure out which refinance program will work best for you


How To Increase Your Homes Value

INTRO

If you are thinking of selling your house, you of course want to get the most money for it. You can spend endless amounts of money on remodeling your home, this report will show you much more cost effective ways to make your home look better to a perspective buyer.

REPORT

If you want to make your home look better to potential buyers, here are some great cost effective ways to do that without breaking the bank. Sometimes doing an expensive remodeling job really won’t do too much in terms of increasing the value of the home since all the similar homes in the area are already at that price range. Try these:

Fix Up The Yard– Make sure your yard is looking good. The front yard is the first thing a perspective home buyer will see, make sure to make a good first impression. Mow the lawn, get rid of weeds and make sure the flowers and trees are looking healthy. People love to relax in their backyards, make sure yours looks good.

Get Rid Of Clutter– Even if your house has tons of great stuff, consider removing it when you are selling a house. A home with less clutter that is well organized makes a home seem larger then it is.

Deep Clean Your House– It’s a lot cheaper to do a thorough cleaning of your home then it is to remodel. Clean windows, wall, fixtures can make a home look a lot newer and in better condition without having to replace a single thing.

Repaint Your Home– Adding a fresh coat of paint to the interior of your house can do wonders to the look for your house. Many large hardware stores offer expert advise and all the items you’ll need.

New Curtains And Blinds– Blinds and curtains can fade very quickly and can make a room look older then it is. The best part is replacing them can be very inexpensive.

Clean Your Carpets – If you have carpets a good idea is to rent a carpet cleaner and do it yourself. A good cleaning can almost instantly make the carpet look and smell fresher. If your carpet is in worst shape you can get a professional cleaning service, it is still cheaper then replacing it.

Update Outlets And Switches– This might seem like a small thing, but sometimes small things go a long way. Updating old styles outlets and switches can make your home look newer then it is. Look into dimmers which give someone more lighting options then just the on/off option.

Refinish Kitchen Cabinets– This is another project where the materials and work are a small investment compared to how much better your kitchen will look with new looking cabinets.

Getting Brighter Light Blubs– Brightening up a room can really make it look better and larger. Also think about getting energy saving bulbs since it can be used as another selling point in the home.

Wood Trim– Adding wood trim is a quick and easy way to make your home classier. Many new high end home have wood trim


USDA Loan Basics

INTRO

If you’ve been looking for a loan that offers the lowest down payments and easiest qualification requirements, then USDA or rural housing loan is what you are looking for. You can own a home with NO MONEY down and you don’t need perfect credit either. Get this report to learn more about this great program.

REPORT

The USDA Rural Development Loan Program is a fantastic no money down, 100% financed USDA loan program that is ideal for certain homes and certain buyers. The big thing to remember about a USDA loan is that not all areas qualify for it. Like the name says “rural” means this is not a loan for larger metropolitan areas. So if you are looking to purchase a home in one of those areas this loan is not for you. However that doesn’t mean you need to live on a farm, the USDA loan works for areas just outside of larger cities. In fact some of the largest cities in the US have areas that qualify for the USDA program that are just a short drive away from the heart of the city.

The USDA loan has many benefits, here are the basics.

No Down Payment– The USDA program is one of the only programs available where you don’t have be a Veteran and get a loan without paying a down payment. Down payments are usually the biggest reason people can’t buy a home. The USDA loan removes that obstacle.

Easier Qualification Requirements – As conventional loans are getting harder and harder to qualify for, the USDA loan program is more and more becoming a great alternative for those who have been looking to purchase home and have not been able to qualify for conventional loan. The USDA loan was created to help develop smaller cities, so the qualification requirements are a lot easier to meet. You don’t need perfect credit, you need a minimum of 620.

No Mortgage Insurance– Like all government loan, they have the backing of the government which eliminates the need for private mortgage insurance. This can save you hundreds of dollars a year.

Lower Interest Rates– Because the goal of a USDA loan is to help grow rural areas, the interest rates are lower to entice people to move in. That means you pay less for the same home if you get a USDA loan over a conventional loan.

As you can see the USDA has many benefits and is the permier loan program in terms of ease to qualify for, and getting you in a home for the least amount of money possible. You need to purchase a property in designated USDA areas, we can show you the areas around town that do qualify. There are loan limits however they vary from county to county. Contact us and we will show you everything you need to know about a USDA loan and if it is the right loan program for you.


VA Loan Basics

INTRO

If you are a Veteran you can own a home with NO MONEY down with a VA loan. This report will go over all the advantages you have with a VA loan, what exactly one is and the requirements. It’s a must read if you are veteran and ever thought about owning a home.

REPORT

The Veteran Administration has been set up to assist Veterans, and the VA loan has been created to let Veterans own a home much easier then with a conventional loan. In fact it has helped 18 million military members purchase homes. A VA loan is probably the most powerful and flexible lending option on the market today. The biggest advantage is of course that you can own a home with out making a down payment.

Here are the basics of the advantages of a VA loan

No Down Payment– There are no other loan programs besides a USDA rural housing and HomPath loans that offers such an advantage. Down payments are often times the biggest reason that someone can’t purchase a home. Conventional loan down payments can easily go up to 20%, with a VA loan that is no longer an issue.

Lower Financial Requirements– With conventional loans there are many barriers to get qualified. Having a lower credit score can greatly increase your down payment and your interest rate. Because of that a lot of veterans would not be able to own a home. The VA loan takes care of those issues. In fact, about 80 percent of people who qualified for a VA loan would have not qualified for a conventional loan.

No Mortgage Insurance– Like all government loan, they have the backing of the government which eliminates the need for private mortgage insurance. This can save you hundreds of dollars a year.

Lower Interest Rates– VA interest rates are typically always lower the conventional loans. That means that you pay less each month on your mortgage.

If you are a Veteran and you wanted to own a home there isn’t any reason not look at a VA loan.  There is no loan program out there that can get you in a home faster, easier and cheaper. There are of course limitations. You must currently be serving in the United States military or be an honorably discharged veteran to qualify. Surviving spouses and members of the Reserves or National Guard can also obtain VA Loans. There is typically a $417,000 loan limit; however it can be higher in areas where homes prices are typically higher. Even though financial requirements are lower then conventional loans, there are still some financial qualifications.

Contact us today to see if you qualify for this great program.


What To Look For When Buying A Foreclosure

INTRO

In today’s real estate marketing, foreclosures can be a great deal. However there are things that you need to watch for. This report will educate you on what to look for.

REPORT

Foreclosures can be a great deal if you a looking for a home. Many are below market value, and can really save you some money. However they can also turn into a nightmare if you don’t know what you are looking for. Many foreclosures are unfortunately not in the best conditions and if you don’t know what you are looking for there could be a very unpleasant surprise. Here are some important things to consider before you purchase a foreclosure.

Work With A Professional– It is important work with someone who knows foreclosures and not go at it alone. As you’ll see in this report there will be many things you want to look for, and working with a professional who has your best interests in mind will only make sure you make the right decision. We have experience and the relationships to make sure you make the most informed decision possible.

Get A Full Inspection– With most foreclosed properties being sold “as is”, is it vital you get a professional inspection before you purchase one. When someone realizes they are about to lose their home to foreclosure, it’s not uncommon for them to stop caring about the home. So if something breaks or malfunctions they are not going to fix it. Don’t be surprised if the owner sells items from the home like appliances, cabinets, etc. Also if you are dealing with a really bitter owner they might intentionally damage the house.

Non-Owner Occupied Homes– If the owner is being foreclosed on, that doesn’t mean they live at that property. There are often times that the home is rented out or there might even be squatters. Often times if you purchase the foreclosure you are responsible evicting the occupants. This can sometimes turn messy where the occupants don’t want to leave and it can turn into a legal battle. If you aren’t familiar with the eviction process you should hire a lawyer. If this is too much for you, then make sure the foreclosure you are looking at is not a non-owner occupied home.

Physical Condition Of Property– Just because a foreclosed home does have some damage doesn’t mean it’s not a good deal. Because foreclosed homes are often times below market value, investing in the improvements can bring the home back to life and still be a great deal. That’s why is so important to get a professional inspection to know exactly what you have in front of you. Once you know what needs are to be improved you then can calculate whether or not the asking price is reasonable considering the possible repair expenses. This way, you will not find yourself paying more than what the property is worth.

Secondary Liens and Claims– When purchasing a foreclosed property it is very important to check for any adverse claims and liens on the property. Especially for homes that are in pre-foreclosure. Sometimes, an owner fails to make full disclosure and you could end up with creditors on your back. Be sure to verify the title or deed and check it for encumbrances. You don’t want to be stuck paying for them.

Get Your “Right” Price– Just because a property is a foreclosure and the home is below marketing value doesn’t means the price is set in stone. Don’t be afraid to negotiate, if you think the asking price is too high then put a bid in for what you think that property is worth to you. Also if you are looking to purchase a foreclosure in an auction don’t get caught up in emotion or competitive bidding. Set a price in your head and don’t go over it.

What Is The Real Total Price– Keep in mind the total price of a foreclosed property is more then what the asking price is. As you saw in this report there are many factors to watch out for. Make sure all liens, claims, back taxes are accounted for. Get a full inspection and see what if anything needs to be repaired. Add all that to the final price and then at point if everything makes sense financially then you know if you’ve got a great deal or not.

Foreclosures can be a great opportunity for anyone from a 1st time home buyer to an experienced investor; you just have to know what you are looking for. An uneducated buyer can get trapped in something they never saw coming. If you have any questions please contact us, we’ll be more then happy to help answer any questions and help you make a wise decision if you are going to purchase a foreclosed property.
What To Look For When Buying A Foreclosure

INTRO

In today’s real estate marketing, foreclosures can be a great deal. However there are things that you need to watch for. This report will educate you on what to look for.

REPORT

Foreclosures can be a great deal if you a looking for a home. Many are below market value, and can really save you some money. However they can also turn into a nightmare if you don’t know what you are looking for. Many foreclosures are unfortunately not in the best conditions and if you don’t know what you are looking for there could be a very unpleasant surprise. Here are some important things to consider before you purchase a foreclosure.

Work With A Professional– It is important work with someone who knows foreclosures and not go at it alone. As you’ll see in this report there will be many things you want to look for, and working with a professional who has your best interests in mind will only make sure you make the right decision. We have experience and the relationships to make sure you make the most informed decision possible.

Get A Full Inspection– With most foreclosed properties being sold “as is”, is it vital you get a professional inspection before you purchase one. When someone realizes they are about to lose their home to foreclosure, it’s not uncommon for them to stop caring about the home. So if something breaks or malfunctions they are not going to fix it. Don’t be surprised if the owner sells items from the home like appliances, cabinets, etc. Also if you are dealing with a really bitter owner they might intentionally damage the house.

Non-Owner Occupied Homes– If the owner is being foreclosed on, that doesn’t mean they live at that property. There are often times that the home is rented out or there might even be squatters. Often times if you purchase the foreclosure you are responsible evicting the occupants. This can sometimes turn messy where the occupants don’t want to leave and it can turn into a legal battle. If you aren’t familiar with the eviction process you should hire a lawyer. If this is too much for you, then make sure the foreclosure you are looking at is not a non-owner occupied home.

Physical Condition Of Property– Just because a foreclosed home does have some damage doesn’t mean it’s not a good deal. Because foreclosed homes are often times below market value, investing in the improvements can bring the home back to life and still be a great deal. That’s why is so important to get a professional inspection to know exactly what you have in front of you. Once you know what needs are to be improved you then can calculate whether or not the asking price is reasonable considering the possible repair expenses. This way, you will not find yourself paying more than what the property is worth.

Secondary Liens and Claims– When purchasing a foreclosed property it is very important to check for any adverse claims and liens on the property. Especially for homes that are in pre-foreclosure. Sometimes, an owner fails to make full disclosure and you could end up with creditors on your back. Be sure to verify the title or deed and check it for encumbrances. You don’t want to be stuck paying for them.

Get Your “Right” Price– Just because a property is a foreclosure and the home is below marketing value doesn’t means the price is set in stone. Don’t be afraid to negotiate, if you think the asking price is too high then put a bid in for what you think that property is worth to you. Also if you are looking to purchase a foreclosure in an auction don’t get caught up in emotion or competitive bidding. Set a price in your head and don’t go over it.

What Is The Real Total Price– Keep in mind the total price of a foreclosed property is more then what the asking price is. As you saw in this report there are many factors to watch out for. Make sure all liens, claims, back taxes are accounted for. Get a full inspection and see what if anything needs to be repaired. Add all that to the final price and then at point if everything makes sense financially then you know if you’ve got a great deal or not.

Foreclosures can be a great opportunity for anyone from a 1st time home buyer to an experienced investor; you just have to know what you are looking for. An uneducated buyer can get trapped in something they never saw coming. If you have any questions please contact us, we’ll be more then happy to help answer any questions and help you make a wise decision if you are going to purchase a foreclosed property.


Home Improvement Projects: 6 Tips to Maximize Cost-to-Value

The time is here! So let’s add some value to your biggest investment. Many homeowners use the spring season to begin working on home improvement projects that they have been contemplating and planning all winter, but anytime is great to start your project. Before you pick up that paintbrush or get out those hedge clippers, here is some expert advice on which home improvement projects will add the most value to your property.

#1 Spruce Up he Landscaping:
First impressions can have a significant impact in the value of your home. Landscaping plays a major roll in the outward appearance of the property. Research indicates that your return on investment (ROI) can be as high as 200% in some markets. So trim those hedges and trees to allow more natural light to reach the house. A fresh layer of mulch can also work wonders to enhance appearances.

#2 Make the Bathrooms Shine:
The bathroom and is one of the most important and heavily trafficked rooms in your home. Remodeling experts and realtors both agree that major bathroom improvements offer an outstanding cost to value ratio. Even simple improvements like replacing old fixtures, installing new towel racks, and removing stains from sinks, bowls, and tubs can all significantly improve the appearance and value of the home.

#3 Get a kitchen makeover:
The most important aspect of a kitchen is that is designed to look open and spacious. Darker flooring and wall coverings should be redone in lighter colors. The same can be done with countertops and cabinets. This will make the space look more open. New hardware for the cabinets and drawers can further improve appearances. Making sure the faucet works properly and looks to be in excellent or new shape is also very important.

#4 Curb Appeal:
Making your house look better on the outside can go way beyond landscaping efforts. New doors, windows, shutters, and shingles can make your home look even more attractive to potential buyers. Power washing the exterior walls and a fresh coat of paint will most certainly improve the appearance of the house. Remember, outside appearance and 1st impressions are very important to potential buyers.

#5 Improve the energy efficiency:
There is a direct correlation between improvements in a home’s energy efficiency and increased resale value. Replace outdated furnaces or air conditioners. Fix any leaky faucets or running toilets. Use weather stripping to eliminate gaps under doors. Buyers are willing to spend more today for better energy savings in the future.

#6 Interior Excellence:
Many times the interior impression of a home has an even bigger impact on potential buyers than the curb appeal. A fresh coat of paint or new wall paper can make a house look brand new. Most painting and wallpaper projects can be done yourself or with minimal outside help. Make sure you don’t forget about those ceilings. Replacing worn or ‘not so nice looking’ carpet or flooring will also have a big impact on appearances and resale value.

Remodeling and improvement projects can definitely increase the value of a home. The most important thing to consider, before deciding on which project to undertake, is the cost-to-value ratio. You want to make sure that the increase in the value of your home is maximized compared to the labor and costs associated with the project. Any renovations that bring your house up to par with the rest of the houses in the neighborhood are always good ideas. Try to stay away from projects that will make your house the most expensive or dramatically different from other homes in the area. Careful planning and research is all that is necessary to ensure that you get the highest return on investment possible for your home improvement project.


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Debi CampbellDebi Campbell
17:05 13 Feb 22
John McCoy and his staff are just outstanding! Their efficiency and ability to respond quickly to any of my questions and needs is what made the... difference in me getting my house so quickly. It only took 3 weeks because of their ability to expedite m paper work quickly to those that needed it, along with my clean credit! Thank you so much for all your hard work! Each one of you!read more
Bobbie-Jo TorresBobbie-Jo Torres
19:49 07 Feb 22
Very quick and helpful. They made everything smooth and easy and in terms that I could understand! Highly recommend!!
daniel villarrealdaniel villarreal
04:19 03 Oct 21
John The Mortgage Man went that extra mile to make sure I received the best mortgage on our new home. Very satisfied. Thank You John.
Danny OchoaDanny Ochoa
17:39 16 Jan 21
John was the one who took a chance on me and my wife . Thank you so much for changing our lives and putting us in our new home . If anyone out there... needs someone to help them make there dreams come true reach out to John and the professionals mbn financial.trust me they won’t let you downread more
Herb FarleyHerb Farley
23:05 06 Jan 21
What an amazing experience! John and his team were extremely responsive and easy to work with! They made the loan process easy and never hesitated... to answer our questions. I would recommend John the Mortgage Man to anyone looking for a loan!read more
Mason ShirleyMason Shirley
18:19 04 Jan 21
Working with John McCoy was very easy and convenient. He walked us through the entire loan process with excellent communication and knowledge. We... were in a time crunch to purchase a home before the end of the year, and John worked fast to make it happen. Would highly recommend!read more
Debbie PowellDebbie Powell
05:38 21 Dec 20
John has helped me purchase 2 houses! John is easy to talk to and makes you feel like family. He is the best person you could have to help you in... this process! John will make it happen! Thank goodness he came highly recommended to me. John is truly a hero!read more
Vivian SimsVivian Sims
19:38 20 Dec 20
John McCoy has been our "mortgage man" on two purchases. Both went smoothly without a complication. The money and timeline were exactly what he... represented. I have recommended him to many looking for a mortgage. If you are looking for An honest, smooth mortgage progress, call "Jo John, the Mortgage Man". Way to go "Mortgage Man"!read more
Amando CanalesAmando Canales
20:21 18 Dec 20
John The Mortgage was a most professional experience my wife and I had a pleasant experience and were most satisfied with his service his can do... attitude was greatly appreciated.read more
Mark FosterMark Foster
11:17 30 May 19
John and his team worked diligently to make the process as easy as possible. They kept me informed and sent me step by step what they were doing so I... always knew where we were in the process. I had a very low credit score and they still made it happen! Thanks John, Troy, Allan and the whole team.read more
Rich and Bekah RobertsRich and Bekah Roberts
17:43 24 May 19
John and his team are excellent at what they do. Very friendly and helpful, yet also down to earth and realistic about your ability to attain such... and such mortgage. John will let you know if your "dreams" are a match with the reality of your financial situation. John wants you in a mortgage, but he wants you in one you can afford comfortably. I had numerous questions throughout process, and John gladly answered each and every one. I am very grateful my wife and I chose John, and would do so again if/when we have other mortgage needs. If you're ready to buy a home, you wont be disappointed with John McCoy!read more
Jeremy DeanJeremy Dean
06:16 07 Mar 19
John the Mortgage Man worked to get me and my wife into our first home this year! We had some issues with low funds, high debt and bad credit, but... John helped us to determine how much we needed to save up to get in the home we wanted. Once we got there John was able to hook us up with a lender and get us a good deal on a loan. We closed in just over two weeks from the time we found a house that we wanted! John always made us feel at ease and answered any questions we had. Very knowledgeable, very responsive and very kind! Thank you John for everything! Highly recommend!!!read more
John McCoyJohn McCoy
15:12 19 Feb 19
John made getting our loan processed very efficient and worry free. He will do the same for you!
CJCJ
19:47 20 Oct 18
12 days from application to closing, now that's fast! Great overall service, everything John said he would do, he did it. My clients were thrilled.
Frank J RosatiFrank J Rosati
19:15 20 Oct 18
John made everything easy for the purchase. He had everything covered (all the associated costs, paperwork) that I needed to close. It was a pleasure... to work with him again (this is my second time working with John) and I would highly recommend him to anyone looking to finance a home.read more
debbie powelldebbie powell
19:05 19 Aug 18
John goes out of the way for you to make sure you are informed, kept up to date, and always professional. Definitely goes the extra mile to help!... Everything is done in a timely manner. Thanks so much John! This is my second mortgage through John McCoy and team.read more
Shawn LockettShawn Lockett
21:22 23 Mar 18
This guy is a wiz!!! He knows a ton about this business and how to get things done!!! Be up front, honest, and ask him your concerns and he will be... straight with you in return and get you in the house of your dreams... He was able to take us start to finish in three weeks time!!! Awesome awesome experience!!! P.S. He will only call you with news—it’s how you interpret it is up to you... Give John a call, you won’t regret it!read more
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John McCoy NMLS #308360
NEXA Mortgage, LLC NMLS# 1660690
AZMB 0944059

John The Mortgage Man
NEXA Mortgage, LLC
3100 W. Ray Road, Suite 201, Office 209
Chandler, AZ 85226
(361) 510-1420johnthemortgageman@hotmail.com