Technology has been running at full force down a seemingly endless mountain, and it's made a lot of changes to the culture in its wake. But the construction industry has largely ignored many of the advancements of today, preferring to stick with the traditional techniques for residential building construction that have served them so well in the past. It is only recently that construction companies are adapting the technology to speed up their projects and reduce their overall production costs.
3D Scouting for Sites
Choosing building sites can be tricky for real estate developers because it's time-consuming to drive from place to place and carefully evaluate each property. It's why drones and 3D scanners are becoming more popular for decision makers. A drone can show the overall state of the property, helping developers see the condition of the land and the barriers that could stand in the way of building. A 3D scanner will give them even more perspective on the property because it shows the measurements of anything located on the building site. So if there's a small cluster of trees near the back of the land, the scanner will give their measurements to within 2 mm of accuracy.
Virtual Reality for Workers
In 2016, there were 991 deaths in the private construction industry. This alarming number signals that we need better training...
Buying and selling raw land is a great way to make money without having to expend very much effort, but investors may not realize the specific challenges before they get started. Ideally, a person would be able to purchase a piece of land when its worth next to nothing and then sell the untouched property to an anxious developer committed to expanding their business. But the realities of buying and selling land can put a serious dent in the profits. Learn more about the potential obstacles that can get in the way of the perfect scenario.
Sitting on the Property
It's not always easy to spot the neighborhoods that are getting ready to explode in popularity because growth takes time. Investors who want to make money quickly may not get the payoff they're looking for if they're buying and selling land. If a new steel plant is hiring thousands of employees, then real estate is immediately going to skyrocket in price. The key is to get to that land before the steel plant makes its announcement, which may mean having to wait several months (or even years) before an investment can start to recoup its original costs.
Checking the Topography
People who are new to real estate don't always realize just how much the natural lay of the land can interfere with their plans. From tree roots to sinkholes to erosion, there are plenty of potential barriers...
Green technology is really the way of the future, and construction is slowly coming around to adopt new techniques and reduce the carbon footprint of their creations. While the developments have certainly not been seen across the board, it helps if home buyers understand the new choices on the market and the future predictions of what's to come. Here are five new developments that are worth noting for home buyers who value efficiency, innovation, and progress.
Most people think of green heating as solar power but geothermal heating has also made quite a splash as well. Those who may not have the access to the sun can rely on underground pipes that draw air from the Earth's 60° F core (a temperature that remains stable all-year round.) Considering geothermal heating is 500% more efficient than traditional heating, there are plenty of opportunities for a construction crew to save both a homeowner's wallet and the planet at the same time. Solar panels have also been steadily increasing in popularity and efficiency as well. The more competition on the market, the better the quality of the products and the lower the costs. In fact, California believes in solar panels so much that they're requiring all new homes built to have it (starting in 2020.)
When people selling a home start to think of it as a business transaction, they may be able to recognize how important a good marketing strategy is for a home sale. Landing the right buyer involves putting up a good package, and then finding people who want it. Here are a few marketing tips that may boost a seller's sale price, or seal the deal a little sooner.
1. Bring In an Experienced Real Estate Agent
Even though millions of people will sell at least one home in their lifetimes, it really is not an activity that is easy for amateurs. Selling any product that may cost hundreds of thousands of dollars requires knowing:
- what buyers want
- which buyers want to buy certain kinds of houses
- how best to get those buyers' attention
A real estate agent with plenty of recent experience working in the area will have detailed knowledge about all of these subjects.
2. Get a Feel for the Local Real Estate Market
Even with the professional guidance of a real estate agent, home sellers still have a lot of say in the direction of the sale. This means that sellers need to educate themselves on the nature of the market in their area and their neighborhood. The dynamic of the local market could affect the list price of the home, the way the home is staged, the details in the listing, and the speed at which the sale could be closed. Understanding these factors in advance helps sellers to go...
Living in a single family home is generally considered to be safe. However, there are dangers everywhere, including in normal residences. Fortunately, there are many things that homeowners can do to make their home safer. Improving safety around the house starts with identifying hazards. These common hazards can be found in any home, whether you live in Barefoot Resort or elsewhere.
Wires that have a short, arcing electricity and overloaded electrical boxes can all cause electrical fires. Being able to identify the signs of electrical problems is important. Some of the common symptoms of electrical problems include:
- Hissing and popping noises at the electrical box.
- Soot around electrical outlets.
- Flickering lights.
- Inability to run appliances and electrical lights at the same time.
- Lights dim when electrical appliances turn on.
Homeowners who notice these problems can fix the issue by contacting a licensed, reputable electrician to diagnose the problem and make repairs as needed.
Rotten Decking and Exterior Stairs
Decking and exterior wooden stairs are susceptible to rot if they're not properly maintained. Individual boards that have rot can break when people walk on them. A deck or stair case that has enough damage can even collapse.
Pets aren’t just random animals, they’re friends and part of the family, and pet owners will do whatever they can to make sure their pets are happy and healthy. When trying to sell a home to move to a new one, pet owners may come across advice saying they need to get rid of their pets or the home won’t sell, but this isn’t true. While selling a home with pets may be more difficult than selling a home without pets, it isn’t impossible, and here are a few different ways pet owners can give their home the best chance of finding a buyer.
Relocate Pets During Showings
A home showing is the most important time for a home because this is when buyers will decide if they want to purchase it or not. For this reason, guests should be made as comfortable as possible during this time, which means any pets in the home should be taken elsewhere for the duration of the showing. Not only are some people allergic to animals, guests may also be afraid of them. Removing pets from a home during showings can also be better for the pets, as it’s possible for buyers to bring along small children who don’t know how to act around animals, or doors can be left open and it could be possible for pets to sneak outside where they can be harmed.
Homeowners can temporarily relocate their pets by taking them...
Pests are not only a nuisance to homeowners but a real threat to both the residents who live there and the actual physical structure of the property. They can carry diseases that make people ill or damage the interior components of the home by building their own residences inside the walls or under the floorboards. To lessen or eliminate the damage they cause, keep the following in mind.
Check the Barriers
Holes in the home aren't always easy to spot because they can exist in some of the least likely of places. However, tears in a screen or gaps in the doors or windows are clear invitations for bugs or rodents to make their way inside.
Crumbs are magnets for pests and the longer they stay out, the more likely it is a hungry critter will find them. Trash needs to contained, counters need to be washed, and floors need to be swept regularly. It has nothing to do with making the home spotless and everything to do with foregoing an expensive exterminator.
Walk the Perimeter
Standing water is where mosquitos like to reproduce, so it's pivotal to find the sources on the property where it can form. Look to the gutters, tires, and appliance units for the most likely sources and then start sopping up the problem.
Perform Outdoor Maintenance
Firewood needs to be stored as far away from the home...
Most people know their credit score is an important part of applying for a loan, but not everyone knows just how much that number affects how much they pay over time. Part of the problem is that lenders aren't as transparent as perhaps they should be about what they're charging and why. They'll add in fees that may sound like standard protocol but are really just an attempt to alleviate their fear of default from a high-risk buyer. Learn more about how credit score factors into mortgage terms before submitting a mortgage application.
For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.
The Sweet Spot
Before getting into how credit affects a buyer's mortgage payments, it's important to identify what conventional lenders are looking for. Most lenders want to see scores that are at least 700 or higher (ideally, 760 or more), even though they will consider those with scores under 680 if the candidate has a stable income without a lot of additional debt. If the borrower is under 640, they may need to look outside traditional funding sources. While certainly an option, high-risk borrowers will not be offered the attractive loan terms that financially stable individuals will receive.
This is usually the first...
Lighting is important, especially when it's time to stage the home. Proper lighting can help make the room look airy and more spacious, and can also make the home look cleaner. Homeowners who need to stage their home for real estate showings can use lighting in creative ways to highlight beauty in the home. These tips will help homeowners use lighting to stage their home creatively.
Clean All Windows
Dirty windows can restrict light coming into the home. Cleaning the windows helps to ensure that all the light is able to filter in through the windows. Maximizing daylight in this way can make the home's interior look more cheerful.
Use Sheers to Create Diffuse Light
Dark curtains can create a heaviness in the room while also blocking light and adding shadows to the space. Replacing dark curtains with sheers enables more daylight to enter the home. Sheers can be left open to allow daylight to pour in directly, or they can be closed to create a diffuse, natural glow.
Use Edison Bulbs for Dramatic Effect
Edison bulbs are creative and artful. They look great on bare bulb light fixtures and on fixtures where the bulb is partially visible beneath a shade. Edison bulbs have a slightly antique, industrial appearance that's especially effective in rooms that are decorated with wood and metal furnishings. Edison bulbs work best when...
There are a few things no homeowner ever wants to find in their home. Pests are one, and mold is another. Whereas insects and rodents usually leave behind tell-tale signs of their presence, mold can be more difficult to identify, especially for those who don’t know what they’re looking for. Here are some of the different ways Pawley's Island homeowners can look for mold in their home to keep themselves and everyone in the home safer.
Mold Can Affect Health of People In the Home
Many people suffer from seasonal allergies, especially in the spring and summer. To someone who doesn’t know any better, mold having an affect on the people living in the home can be written off as just seasonal allergies. Common symptoms of sensitivity to mold include:
- Coughing and sneezing
- Sore throat
- Eye irritation (especially dry or watering eyes)
- Skin irritation
If a homeowner is experiencing these symptoms outside of normal allergy seasons, it can be a sign of a mold outbreak in the home. If the mold is left untreated, prolonged exposure to it can lead to the development of deadly diseases and conditions. These include asthma, cancer, liver and kidney failure, neurotoxicity, birth defects, and more.
Smelling Out Mold Before It Becomes Visible
Building in extra insulation, or replacing old home insulation, is an excellent way to save energy and money on heating or cooling. In fact, improving home insulation is one of the most efficient ways to increase home value. These tips help homeowners understand how to decide if they need more insulation, and which kind might be best.
When Does a Home Need More Insulation?
There are a couple of ways homeowners can determine that they need more insulation. The first involves an analysis of the home's heating and cooling, and the second concerns the actual condition and thickness of the existing insulation. Homeowners may already have some sense that their insulation is not up to par. Certain rooms feel uncomfortably hot or cold, and using the HVAC system does not seem to make a difference. Using an infrared thermometer may be an easy way to identify certain thermal irregularities in the walls.
For a more complicated and thorough inspection, homeowners can get into their home's insulation and see if it meets local standards. The attic insulation is a good place to start. Every type of insulation has a different level of protection, known as R-value. Homeowners can find the R-value that is needed for new construction in their area, and determine if they have enough insulation to suit. If they do not, they should consider adding more.
How Does R-Value Work?
All insulation is measured in what is called “R-value.” ...
Are you looking to buy or stay at a place in Myrtle Beach? It can be hard to decide on which area to choose as there are attractions in each location. Twelve unique communities are encompassed in the area known as Myrtle Beach. A lively downtown area, loads of natural beauty and historic areas can be found in and around the Myrtle Beach area. This area has grown in popularity and continues to attract new and returning visitors every year.
Potential buyers whoneed larger accommodations may want to look for a spacious condo with multiple bedrooms, those looking for smaller spaces may want an accommodation close to the action, and others may want a more low-key area that includes beach accessibility but with less congestion than the most popular areas. One's own objectives and budget may influence which area of Myrtle Beach may be most suitable for an upcoming vacation. What do visitors and possible future residents need to know about the different areas of Myrtle Beach?
North Myrtle Beach
Homeowners and visitors like the North Myrtle Beach area as it includes numerous attractions and shopping options. Condo-style accommodations offer multiple bedrooms for travelers. North Myrtle Beach attractions include:
- Alligator Adventure
- Tanger Outlets
Today, there are more ways than ever for homeowners to protect their home and both everyone and everything in it. But with so many options available, homeowners may be at a loss for where to start, so here are six of the different simple and high-tech ways to improve home security.
1. Buy Smart Cameras and Sensors
Security cameras and sensors are more accessible than they have ever been, and with smart technology, they’re easier to monitor than ever. Homeowners can purchase smart security cameras to place in and outside their home that can be accessed via any smart device, so checking in on home is only a few clicks or taps away. Smart sensors can be placed on nearly any door or window and can notify the homeowner by either text or email if the thing it’s attached to moves during a specified time.
2. Change the Locks
Changing a home’s locks is especially handy when it has just been purchased from another owner. Although all they keys are supposed to be turned over to the new owner at closing, there’s no way to be certain if other copies of the key were given to the previous owner’s friends or family and forgotten about, so homeowners should take initiative to change the locks soon after moving in.
3. Put Emergency Keys in a Creative Spot
Most homeowners like having an emergency key...
Homeowners need tools. Having the right tools on hand can make it easier to complete DIY projects and can make home maintenance easier as well. Knowing what tools to keep on hand can make homeownership simpler and more rewarding.
Hammer and Nails
A hammer and nails are the two most basic types of tools that must be kept in the house. A hammer and nails can make it possible to hang pictures and decorations, build small structures and make home repairs. Many homeowners find it helpful to keep a variety of hammers on hand.
For small jobs around the house, a small ballpeen hammer kept in a drawer is convenient. For hammering a nail into a stud, a 16 or 20 ounce hammer is necessary. In addition to a ballpeen hammer, many homeowners need a claw hammer for removing nails.
Screwdriver and Screws
Homeowners need two types of screw drivers on hand for tasks like installing shelves, hanging blinds and assembling furniture. A Philips screwdriver is a type of screwdriver with a plus-symbol-shaped end. A flat-head screwdriver has an end shaped like a minus symbol. Both are necessary for completing standard tasks. Homeowners also benefit from keeping a variety of screws and anchors on hand for projects as they pop up.
Wrench, Allen Wrench and Plumber's Wrench
There's a big difference between a standard wrench, an Allen wrench and a plumber's...
As one of the original 13 colonies, South Carolina is an ideal state for history buffs and outdoor enthusiasts to explore. A climate that remains warm even in the colder months lends itself to road trips throughout the Palmetto state. If a trip to South Carolina is on your calendar, here are some stops you won't want to miss.
Fort Sumter National Monument
History buffs, particularly those with a special interest in the Civil War, will want to visit the Fort Sumter National Monument, operated by the National Park Service. Textbooks link the start of the war to April 12, 1861, when Confederates opened fire on this Federal post. Union forces surrendered after 34 hours and continued to try for almost four years to regain the fort. Since the site is on an island in the Charleston Harbor, you'll take a boat ride to reach it. Tours last approximately 2 ½ hours.
Where can you take in a renowned sculpture garden, history, zoo, and art on the same visit? Brookgreen Gardens has all of these and more. With a Murrells Inlet location, this is an easy side trip when you're in the area. Kids and adults both love the boat rides that morph into lessons in history plus the conservation information available at the butterfly house. During the winter holidays, more than 5,500 hand-lit candles and sparkling lights plus a backdrop of holiday music help visitors feel a special glow. Learn some fascinating facts about natural history while taking in the 17 Animontronic Dinosaurs...
Home buyers and sellers will hear the term closing costs bandied about constantly. They may not know exactly what they are and what they cover, but they know there's a bit of a power struggle going on with who's going to pay for them. It's a general rule that they're covered by the buyer, but the seller may choose to pay for them in an effort to sweeten the deal. But before accepting or negotiating an offer, it helps to know exactly what closing costs are first.
Closing costs are paid to the lender and affiliated professionals for any and all work that must be completed before the loan is officially processed and closed. Buyers are required to receive paperwork that states both the estimate of the loan and disclosure of all fees. When it comes to the lump sum of money a buyer pays, it typically amounts to between 2 and 5% of the total purchase price of the home. While a 3% range may not sound like a lot, it could be thousands of dollars worth of additional costs on top of what a home buyer is already paying.
How Costs Are Totaled
Closing costs vary based on the work done to the home as well as the circumstances behind the home loan. Part of budgeting for closing costs is picking a loan that will subvert at least some of the additional fees. Closing costs vary based on whether or not buyers choose an adjustable-rate or a fixed mortgage, so research is pivotal when it comes to picking a lender for your Market Common home.
They also vary based on the time...
After making an offer on a home, home buyers applying for a mortgage must get a homeowner's insurance policy. When that happens, it's helpful to know exactly what homeowners insurance is, about how much it costs, and whether or not it's a requirement of purchasing the home. For a new home buyer, this guide can help.
What Is Homeowner's Insurance?
Homeowners insurance is a type of insurance that insures a dwelling and belongings in the event of a covered disaster. Homeowners insurance usually comes as a package that includes a variety of other protections, like liability insurance to protect homeowners from legal action in the event that someone is injured on the property.
Is Homeowner's Insurance A Requirement?
Homeowners insurance is usually a requirement if the homeowner gets a mortgage. Lenders require buyers to get insurance to protect the property. Insurance coverage must be in place when the home is bought or the financing will not go through.
The mortgage lender will continue to require proof of insurance throughout the life of the loan. In the event that the insurance coverage lapses, the lender will purchase a policy for the buyer and add the payment for the policy to the monthly bill. Typically, these insurance policies are much more expensive than the policies that homeowners would get on their own.
Buyers who pay cash for...
Outdoor living space is all the rage! Whether you're a homeowner just converting a small patio, or you're a home buyer working on the design for your new house, installing an outdoor living space can boost your home's value and improve your quality of life in the process. A good outdoor living space will include the comforts of home, a place to make food, privacy, and electricity. When you're working on your plans for your Litchfield by the Sea outdoor living space, these tips will help.
Make the Space Comfortable
Today's homeowners like to buy sophisticated furniture for their outdoor spaces. In fact, a lot of outdoor furniture is nearly as comfortable as indoor furniture! In addition to cushioned outdoor patio furniture, buy some extra blankets and throw pillows to keep on hand while you're lounging in comfort outside. To the side, install a water proof outdoor storage bin where you can keep your blankets and pillows safe when they're not in use. These comforts are especially useful when hosting outdoor parties in chilly weather.
Turn On The Heat
Every living space needs a heat source, and your outdoor living space is no different. If you're on a budget, a simple fire pit will do. If you have a bigger budget, an outdoor gas fireplace could be even better. Talk to a licensed contractor if you're thinking about making a major fireplace installation....
Moving can be a chaotic time. Between packing every last thing into a box and making sure it gets onto the moving truck and then unpacking at the new home, it can be a wonder that anyone is able to keep track of it all. Here are six strategies homeowners can use while moving into a new home to stay as organized as possible.
1. Start Early
Packing an entire home’s worth of possessions is going to take a long time, and there’s no way it can be done in the two days before the move date. Starting early can help prevent the rush right before the deadline where everything gets thrown into the nearest box, and it can also allow the homeowner to take inventory of everything they have so nothing gets lost or overlooked.
2. Get Rid of Excess
Packing to move can be an excellent time to really sort through possessions and weed out things that are old, broken, or never used. Space is limited on the moving truck, so it’s important for homeowners to get rid of the things they no longer want or need. This can making packing much more efficient because homeowners don’t have to worry about as many boxes making it from point A to point B.
3. Pack One Room at a Time
When packing to move to a new home, it’s easy to get disorganized. However, homeowners can help keep everything in order by packing one room at a time....
Selling a home can be tricky, and selling a home in a buyer’s market where there are far more homes than there are buyers can be difficult for homeowners who are unfamiliar with good strategies to make their home more appealing to buyers. These strategies can be used by any homeowner, new or experienced, to help their home sell in a buyer’s market.
Take High Quality Pictures For Online Listings
Chances are, the first time a buyer will see a home is in an online listing, so it’s important for the homeowner to have lots of pictures available. The more pictures that are available online, the more buyers may be enticed to come visit it in person, where they can truly fall in love with the home.
Taking pictures is easier now than ever because of the ever-increasing quality of cell phone cameras, so homeowners shouldn’t feel the need to go out and buy a brand new camera just to sell their home. However, it’s worth noting that if a seller can’t take professional quality pictures on their own, they ought to consult a professional to ensure their home’s photography stands out.
Clean and Get Rid of Clutter Before Showing
Buyers love to see clean homes because it means they actually get to see the home, rather than all the things that fill it. Some things can be distracting and...