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Blog Image for Inspection Points to Double Check Before You Buy a Home
by Highline Residential
Deciding to finally purchase a home is a huge deal. Owning a home can open several financial doors that create plenty of opportunities. Perhaps even more important, it means you can do whatever you want - play music past 10 p.m., paint the walls a crazy color, or even walk around naked. Although all of these exciting things can increase the urgency of getting settled into a new home in the big city, there are still plenty of things to watch out for. Even the most amazing home can have fatal flaws that would have you wishing you'd never signed the paperwork. To avoid those terrible regrets, here are some things to double-check before purchasing a home. Structural Integrity The biggest concerns to watch out for in any potential home purchase are often the ones that are difficult to see. Because of this, it is really valuable to ensure the home is inspected before signing any paperwork. Home inspectors assess the home thoroughly and without bias, which means you can get an honest, professional opinion of what problems might be lurking within the walls. You'll want to really pay attention to issues associated with the structural integrity of your home. If the foundation is cracked and needs to be fixed or the electrical wiring is dangerous or there is significant water damage from a leaking pipe, you or the seller might be looking at thousands of dollars in fixes just to make the home truly livable. Most banks won't offer home loans on houses that don't meet basic i…
Blog Image for Preparing for First Time Home Ownership
by Highline Residential
Homeownership is one of life's grand journeys. As with all adventures, if you want to be successful, it's important to go into the action prepared. Here are a few tips to help new homeowners prepare for their first foray into the world of homeownership. Lay the Financial Groundwork Early You may have crunched the numbers and found that a 30-year mortgage payment is actually lower than what you're paying for rent. While this may be true, many other factors go into paying for your own home, such as: A down payment and even the potential for earnest money to help you get the house in the first place; Property taxes and homeowner's insurance; Gas, electric, and other utility bills; Maintenance and home improvement projects; HOA or co-op fees. These extra costs shouldn't deter you from purchasing a home. On the contrary, the long-term investment can be very financially rewarding. However, to make your home a monetarily savvy purchase, you must be honest about the costs involved. Know What to Look for The next step is to consider what factors you need to be aware of when buying a home. Even if you've decided to buy a fixer-upper that needs work, it's still important to go into the experience knowing what kind of work you're willing to do as well as what basic structural requirements are needed to do it. If you aren't up for investing some sweat equity, it's even more imperative to do your research beforehand. A few of the more common home buying consider…
Blog Image for Tips For Marketing The Exterior Of A Property To Millennials
by Highline Residential
Millennials are now a driving force in the real estate market, making up the largest percentage of the home buying market at 38%. It's a smart move to market your home to them since many of them are starting families and fleeing to NYC suburbs. How can you woo -- and even better wow -- these millennial homebuyers? The first thing millennials -- and any other potential homebuyers -- notice is your property's exterior, whether they're driving by or (more likely) searching for a home online. Here are some tips to market the exterior of your home to this key demographic: Capitalize on Curb Appeal When buyers see messy lawns, cracked driveways, or peeling paint, they may move on to the next listing. Weed and mow your lawn, clean up clutter, and cut back overgrown trees or shrubs. Other ways to improve your property's curb appeal: Spruce up the front entrance with a new door, or paint or restain your existing one. Add a potted plant, a welcome mat, and a wreath on the door for a welcoming vibe. Emphasize Outdoor Living Space Millennials want to use their homes for socializing and entertaining, and that applies to outdoor spaces. Highlight your property's outdoor living space in your listing. If you don't have an inviting, welcoming outdoor space, create one. Add seating or a weatherproof table to decks, patios, or a flat patch of grass. Update the space with simple touches like new cushions or potted plants. These pretty pops of color attract the eye and add…
Blog Image for Apartment Renovations to Make Space
by Highline Residential
If you love city life, you may be considering permanently relocating to an urban area. This could mean finding a long-term rental agreement or it could involve making the leap by purchasing your own apartment. When you own your apartment, you have much more control over how you can impact your living space. You can tackle larger renovation projects without the fear of upsetting a landlord. Specifically, this frees you up to make your apartment feel bigger. Here are a few renovation ideas that can help you turn even the tiniest apartment into a larger living space. Use Bright Paint One of the quickest and easiest ways to make your space feel bigger is using both bright and light colors. White, pale, and neutral paint colors reflect light well and can create an open effect. Additionally, they can contrast with darker room accents, adding a further layer of depth to limited space. Work with Your Lighting In addition to paint, consider looking for ways to maximize your apartment's lighting. This includes both natural and artificial lighting options. For the former, keep windows uncovered, get rid of heavy drapes, and let in as much natural light as you can. For the latter, do your best to evenly distribute lighting throughout your home. Consider hanging up a mirror or two to make each room feel both brighter and bigger. Opening Up a Room Another great option is to remove any cumbersome walls that hamper traffic flow throughout your home. Taking out a w…