Preparing Your Home For Cold Weather!

Preparing Your Home For Cold Weather!

With the days growing chillier it is time to make preparations for freezing temperatures!  Thinking about cold weather probably brings a chill to most homeowners, but by being proactive, you’ll lower your energy bills, increase the efficiency and lifespan of your home’s components, and make your property safer.   Prepare your home to handle the cold freezing temperatures: Heating Systems: Pre-programmed thermostats set at energy-efficient temperatures can save about $180 a year, according to Energy Star. In the winter, keep your thermostat at 65 to 68 degrees during the day and 50 to 60 degrees at night. Schedule heating-system maintenance. Keep up with the regular maintenance and cleaning of the boiler or furnace. Make sure your furniture isn’t blocking your home’s heating vents. Plumbing Systems: Disconnect and drain all outside hoses. If possible, shut off outside water valves. Wrap water pipes in your basement or crawl spaces with insulation sleeves to slow heat transfer. Drain sprinkler systems: If you have irrigation systems, blow them out so they don’t freeze.  Shut/drain outside spigots. Consider an insulated blanket for your hot water heater. Keep a slow trickle of water flowing through faucets connected to pipes that run through unheated spaces. If your house will be unattended during cold periods, consider winterizing your home (to drain the water system). During freezing temperatures, keep cabinet doors open to allow warm air to circulate around pipes. Exterior: Avoid ice dams by keep water from melted snow from refreezing in the gutters and seeping under the roof: Clean out gutters. Ventilate your attic. The colder it is, the less melting and refreezing on the roof....
Tips For Buying a Home in the Winter!

Tips For Buying a Home in the Winter!

There are many advantages to buying a home in the winter months in Lafayette and West Lafayette, Indiana and surrounding communities.  1:  Seller Motivation Since most people prefer not to sell their home in the winter, when they do, it’s more often than not out of necessity.  All the low activity in the winter will result in sellers being more motivated to sell.  Real estate agents know that the slow winter months are when sellers are more willing to negotiate, whether it is on selling price, closing costs, contingencies, closing date or even terms of the sale, including what household appliances and items are included in the sale. 2:  Fewer Buyers to Compete With The most obvious plus of buying and moving in winter is exactly because real estate wisdom says to shop spring and summer.  As a result of this popular piece of real estate advice, there will be fewer buyers in competition during the winter months. It’s simple economics – the low demand will work in your favor.  A buyer’s market means you’ll have less competition, ultimately allowing you to be a bit more choosy when it comes to purchasing a home. Take that time to do some research, comparison shopping and weigh all the pros and cons of buying a particular house.   So if you are considering that wintertime isn’t so bad for buying a home, read on and feel confident when you take that winter, home buying-plunge… Tip #1: Get a Home Inspection Wintertime in Greater Lafayette, IN is probably the best time to put a home to the test. With nearly every system...
Property Tax Exemptions Deadline!

Property Tax Exemptions Deadline!

The Property Tax Exemption Deadline in Indiana is Approaching! Are You Entitled to a Property Tax Exemption?   Did you buy a home or refinance your mortgage this year?  If so, The Romanski Group of Keller Williams Realty, wants to remind you to file your property tax exemptions by the end of the year!  If exemptions aren’t filed or confirmed by December 31, 2015, your taxes could go up substantially.   There are two main property tax exemptions that most homeowners may qualify for:  Homestead & Mortgage.  There are several other property tax exemptions that may be available to you as well.   1 – Homestead Exemption The homestead exemption simply means you are living in the home as your primary residence and it is not a rental house, vacation house, etc.  This is by far the most valuable deduction and can save you up to 50% on your property tax bill.  The homestead deduction is now filed for you in most counties at closing through the sales disclosure, but this is a great time to verify with the county that it is indeed recorded. 2 – Mortgage Exemption The second common deduction is the mortgage exemption.  This deduction is available to homeowners who have a mortgage attached to their property.     Nobody likes paying a dime extra in taxes. Yet when it comes to property tax bills, some homeowners pay too much simply because they aren’t aware they qualify for an exemption.  Deductions are not given automatically, you must apply for them in the Auditor’s office. Tippecanoe County Auditor: (765) 423-9207 White County Auditor: (574) 583-5761 Carroll...
It Pays To Sell Your House in Winter

It Pays To Sell Your House in Winter

The winter months are often thought of as being the worst time to put a home on the market.  While the thought of selling your home during the winter months may dull your holiday sparkle, the winter season does have its advantages: winter buyers tend to be more serious and competition is less fierce with fewer homes being actively marketed.           Spring might be right around the corner and may be the peak home-shopping season but listing your home in Lafayette Indiana in the winter may be to your advantage for these reasons: 1. Less inventory Selling a home during the holiday season can seem like too much of a hassle for many homeowners, so many will either take their home off the market or wait until the warmer months to list.  Because of the shortage of inventory in Greater Lafayette and during the holiday months, sellers may receive more interest in their property and can ask for a higher price on their homes. 2. Motivated buyers House hunting in the winter is not just for fun. Most home buyers who are still cautious about pulling the trigger and purchasing a home will postpone their search until the spring. On the contrary, if a buyer is touring homes now, they are likely more motivated and need to buy a home soon.  With interest rates on the rise, home buyers are more urgent than before to make a decision.  They are also motivated by the fact that tax refunds may be coming in the next several weeks. 3. Market Time A study by Redfin found that...