Home Hack

HOW TO BE A MORE COMPETITIVE BUYER IN TODAY’S HOT REAL ESTATE MARKET!

Today’s Real Estate market is more competitive than ever before. Sellers are looking for the most qualified offers and buyers. BE PREPARED!

Being “pre-qualified” may not be enough. Loan approvals are often verified by the Sellers’ representatives and a fully documented loan approval may make all the difference in your offer being ACCEPTED!

D&CO. aims to make the loan process as pleasant and efficient for our customers as possible. The more prepared you are at the start, the smoother and more efficient your experience should be.

Loan application information required when you apply for a mortgage loan:

  • Full name, date of birth, social security number
  • Phone number and email address
  • Marital status, number of children and ages
  • Residence history for at least years
  • Employment history for at least 2 years, including addresses, phone numbers and position
  • Asset account balances including checking, savings, investment and retirement accounts

Documentation that will be required to support your loan application:

  • Government issued, unexpired photo ID
  • If you’ve had a bankruptcy in the past seven years, your bankruptcy papers, including all schedules and discharge will be required
  • If you rent, your rent payment and landlord information is required. If you own, all mortgage statements, proof of taxes and insurance are required for ALL properties owned
  • Pay stubs covering the most recent 30-day period
  • 2 years W2 forms
  • If you receive commissions, bonuses, or are self-employed, you must provide 2 years of Federal income tax returns will be required
  • Social security, pension and disability income will require form SSA-1099, award letter and bank statements confirming deposits
  • If you are divorced and receive or pay alimony or child support, a divorce decree will be required
  • Most recent 2 months statements for all bank accounts – you MUST include all pages even if a page says “intentionally left blank” or you think there is no relevant information on that page **all large deposits or transfers will need to be documented
  • If you are receiving gift funds, a gift letter will be required with signatures from all donors and recipients verifying the gift isn’t a loan – the donor’s accounts for verification may be required

Please note: the items listed here are a general guide. Circumstances are different for every individual, so your particular documentation requirements may vary. Your loan officer will guide you through the process to gather all of the items specific to your application.

D&CO. loves guiding customers through the loan process.

Questions? D&CO. is here to help! Contact DeAnna or Kaylie today, to experience why they’re everyone’s favorite mortgage advisors!

Home Hack

Declutter Those Closets – The Practically Painless Way!

This spring cleaning season, make the closet less of a chore with this month’s Home Hack. Use the method below to do a lot of the sorting work for you while you live your normal day-to-day.

Reverse Hanger Trick

Face hanger hook openings toward you…

You simply take all of your clothes that are currently on hangers, and reverse them from their normal way of hanging. To explain, turn the hangers backwards so that the hanger hook opening faces outwards, towards you. (If you already hang your clothes this way, you’ll just make it the opposite.) When you use an item, place it back on the rack with the hanger hook opening facing the wall, away from you. Then as you go through the next month you’ll see what clothes you actually use, and the ones you never touch. The hanger hook openings still facing out are all your potential donations, yard sale, or give-away/hand-me-down items.

You can use this method for shoes as well. Place all of the shoes on the floor, and as you use a pair place them on a shoe rack or in another part of your room. The ones you never touch are the potential donations, yard sale, or hand-me-down items.

Donations

There are some common misconceptions about clothing donations. Here are a few simple rules to help the donation facility of your choosing while you clean your closet at the same time.

  • Only donate clean clothing. Many people assume their donations are cleaned at the donation facility before they sell them. This is false. Most donation places do not have the budget or capacity to clean donated items. Only donate CLEAN clothing and goods.
  • If it’s broken or torn, toss it – don’t donate it. They don’t mend clothing or repair things either.
  • Try to Recycle. Have items you just don’t want to give away? There are shops that actually buy lightly used clothes, shoes, jewelry, accessories, and even interesting books for “upcycling.” Check with local consignment shops and vintage stores for selling and upcycling opportunities.

Storage Solutions

Once you’ve sorted through your clothes, it’s SO much easier (and kinda fun?) to organize it. There are a lot of cost-effective closet storage solutions out there these days. Ikea has several full closet systems and storage options that are meant to accommodate any size home. We also found some great organizational solutions on Amazon (pictured below).

Easy View Shoe Storage

Simple Dresser Solutions
Simple, and even the stackable utility drawers work great for things like socks, light clothing, and undergarments.

Drawer Organization
Organizers are great for all the things that tend to get jumbled in drawers.


Compact Hangers and Dust Cover Storage
These options aim to take the bulk out of your closet, which should make finding and retrieving clothes so much easier – and make closets feel more spacious too.


Folding the Clothes
If you’d like to have your folded clothes as neat as a store display, folding boards are the trick!

HAPPY SPRING CLEANING!

Home Hack

3 Easy Ways to WOW Home Buyers!

If you are selling your home, there are three easy things you can do to WOW your potential buyers:

Remove Personalization, Declutter, and Clean

There is a difference between decluttering and cleaning, we’ll explain that below – but let’s start with removing personalization.

1. Remove Personalization. This is an easy one. Start the packing process immediately with items that are personal to you. Meaning, if it’s something that is “so you,” pack it up. This means pictures of you, your friends, your family, your feelings, your favorites… pack it all up. Packing things now that you don’t need everyday will not only help you in the long run, but also help your home to look its best for buyers at the same time. You want to do everything you can to allow a buyer to picture themselves living there. Transforming your home into a more generic space allows the majority of buyers to see the potential your home offers, and allows them to imagine how they will decorate and customize it. If you’re having trouble with this step, just imagine the things you would remove or store to make your home a vacation rental. Here’s a general checklist of personal things to pack up and/or securely store:

  • Photos and Art: Anything depicting friends, family, pets, degrees, favorite sports teams, political themes, religious themes, awards, names, initials, etc.
  • Signs and Banners
  • Collections and Knick Knacks
  • Hobbies and Supplies

D&CO. TIP: If you are having in-person showings and open houses, strangers will be in your home. Don’t forget to securely store personal items like medication, mail, personal papers, jewelry, and other valuables. 

2. Declutter. Clutter is something we all become immune to over time. Piles of mail or magazines, everyday conveniences like snacks or water bottles on kitchen counters – it may be everyday living to you, but all of these items are clutter in the buyer’s eye. Clutter makes it harder for buyers to imagine themselves living in the space. It literally “clutters” their view. Pack it up, neatly store it, or toss it. Here are some clutter culprits:

  • Piles of mail or magazines
  • Stacked items on counters; snacks, bottles, dishes, spices, books, mail, newspapers, etc.
  • Shopping Bags
  • Mail Packages
  • SHOES and Clothes
  • Collectibles
  • Office and Craft Supplies

3. CLEAN. We’re talking deep clean. Windows make a big impact. Sparkling windows make for great looking photos and beautiful views of the vistas for those in-person showings. Here are other overlooked items to consider for deep cleaning – they all make a big impact to the feel of your home:

  • Windows
  • Floor Boards
  • Doors and Cabinets
  • Back Splashes and Appliances – look for splashes and hand prints
  • Door Knobs and Hardware – look for the hand prints
  • Tile Grout Lines
  • Mirrors, Toilets, Showers
  • Corners – along wall edges, where the carpet/floor meets the wall is a dust magnet!
  • High Traffic Floors, Doors, and Walls – paint touch ups and cleaning where needed

Removing personalization, decluttering, and deep cleaning can instantly improve your home’s image – all it takes is some time and elbow grease.

Home Hack

Oh So Pretty Pantry!

This month we are sharing our finds to help organize the kitchen pantry. From cans, to dry goods, pastas to cereals… even your avalanches of spice jars – we’ve hopped over to Amazon and found a little something to arrange it all.

MEET THE ORGANIZERS:

CLEAR BINS

Clear bins allow us to see things at a glance. Containers with higher walls also seem more versatile than the shorter walls, but you will have to assess your particular needs. Clear bins are great for: bags or small boxes of sides, snacks, packs of things like oatmeal, granola bars, individual chip bags, bagged soups, beverages in boxes or packs, etc.

AIR-TIGHT CONTAINERS

Air tight containers are great for: pastas, cereals, dry beans, rice, candies, flours, sugars, etc.

RACKS

Storing things like soda and soup cans are so much more efficient on racks. We like the racks like the picture above; single row units where the cans slide forward as you use them, so that you can easily cycle through the cans. Make it easy to find what you’re looking for by dedicating one rack (or row) to one type of can: canned soups – OR – canned vegetables OR canned fruits OR canned beverages, etc. Canned goods are heavy, be sure to distribute the weight of these items by placing them at the strongest points on your shelves. We do not recommend stacking units or having all the cans on one shelf. (See arranging ideas below) Can racks are great for: REGULAR sized canned vegetables, soups, fruits, and beverages.

SPICE RISERS

Spices can overwhelm a cabinet, but these little risers really help to keep things nice and neat. Keep your most used spices on the bottom step of the riser, with the least used spices stored on the top. Spice risers are great for: standard and short spice bottles.

BASKETS

For the other odds and ends. Baskets are great for: potatoes, onions, dedicated snack bins for individuals (add a cute name tag), food storage items like bags and foils, etc.

Where to start?

REMOVE IT ALL! Sounds daunting, but it was actually kind of fun and refreshing once you get going. Fully wipe down the shelves. Sort out the expired goods. Play some good music to keep your momentum.

TOSS:

Expired items? Toss them. If it’s had time to expire, you don’t use it anyway.

BUNCH of cereals? Do a taste test, they’re likely stale. Time to toss!

COMBINE:

Several opened bags or boxes of the same items? Combine them. Think: flours, pastas, sugars, dry beans, rice, snacks, spices, etc.

Note: Don’t make multi-ingredient confetti. Only combine like things. Example; several open boxes of spaghetti noodles? Combine them. But DON’T combine, say an open bag of bowtie pasta with penne pasta, and spaghetti noodles just to save space. If you don’t cook it or eat it together, don’t combine it together.

Now the fun part:

MAKE YOUR OWN LITTLE STORE!

Arrange goods like your own little store! Keep the things you use most often at eye level. Things you use least often on the harder to reach shelves.

Canned goods: organize them by type. Soups, Vegetables, Fruits, Meats, Drinks.

Arranging the goods: consider organizing every shelf by a theme. Since we all don’t have giant pantry rooms at our disposal (like the celebrities on these organizing shows do), we have created this simple 4-shelf outline to start your realistic pretty pantry endeavors. Swap the shelve order for how (or who) uses the items on it most often. The most accessed items/shelves should be easiest to reach.

CEREALS and BREAKFAST – top shelf:

Start with the sweet cereals on one end, move to the healthier options in the middle, then things like oatmeals, granola bars and breakfast alternatives, then nut butters, jam, and syrups on the other end.

SNACKS and SWEETS – mid shelf:

Start with canned fruit (can rack), then boxed cookies, move to boxed crackers, chip bags, dips, then dried fruits and nuts. This is also a good shelf for canned beverages (can rack).

PASTA and BEANS – mid shelf:

Start with your canned vegetables (can rack), then canned meats (think tuna, chicken, etc.), sides in packages or boxes, pastas, then dry beans/rice, jar goods (olives,pickles, etc.), condiments

BAKING and BLUE MOON – bottom shelf:

Start with sugars and flours, then oils and other baking essentials/decorations (spice riser/ clear bins). Next, boxed mixes, your rarely-used “in a blue moon” goods, then spices (spice riser), and end with canned soups (can rack).

Are you proud of your pretty pantry? Share your tips and pics with us on Instagram! Use the hashtag: #DandCOPrettyPantry

Home Hack

When is the Right Time to Refinance?

Maybe you’ve heard someone declare “Mortgage rates are at an all-time low!” It’s been a fairly common refrain in the last few years as federal interest rates have fallen.

When mortgage rates are low, it’s a good time to get a first-time mortgage or to refinance a mortgage that you already have. If you think refinancing can save you money on your mortgage, then NOW might be the perfect time to look into it.

Mortgage rates are currently at record-breaking lows due, in major part, to the extremely low Federal Reserve rate. The fed rate was dropped to near 0% in recent months in response to the economic hit from coronavirus.

There are many reasons why homeowners refinance:

  • To obtain a lower interest rate
  • To shorten the term of their mortgage
  • To eliminate previously required mortgage insurance costs
  • To convert from an Adjustable Rate Mortgage(ARM) to a fixed-rate mortgage, or vice versa
  • To tap into home equity to raise funds to deal with a financial emergency, finance a large purchase, or consolidate debt

One of the best reasons to refinance is to lower the interest rate on your existing loan.

Historically, the rule of thumb is that refinancing is a good idea if you can reduce your interest rate by at least 2%. However, many lenders say 1% savings is enough of an incentive to refinance.

When interest rates fall, homeowners sometimes have the opportunity to refinance an existing loan for another loan that, without much change in the monthly payment, has a significantly shorter term.

Homeowners often access the equity in their homes to cover major expenses, such as the costs of home remodeling or a child’s college education. These homeowners may justify the refinancing by the fact that remodeling adds value to the home or that the interest rate on the mortgage loan is less than the rate on money borrowed from another source.

If you could save several hundred dollars a month, or have your home paid off in half the time, would you want to? Refinancing might offer you just that kind of savings.

Since refinancing can cost between 2% and 5% of a loan’s principal and—as with an original mortgage—requires an appraisal, title search, and application fees, it’s important for a homeowner to determine whether refinancing is a wise financial decision.

Call us to discuss your specific situation.

Contact Us

 

Home Hack

Perfectly Pretty Presents

Wrapping gifts can be a real chore. Sometimes, it feels impossible to get your item wrapped in a way you are proud to present – but don’t give up yet, we’ve got some tips!

THE WRAPPING RULE:

IF IT’S A STRANGE SHAPE, IT GOES IN A BOX OR BAG. 

Trust us. Odd shaped items, or items that do not have flat sides, will never wrap up in a way that gives you the satisfaction of a prim present. The simple trick? If the gift doesn’t have perfectly flat sides, put it in a box or bag.

“OKAY, WHAT SUPPLIES DO I BUY?”

Pro Tip: If you’re ordering things online, use the nicer shipping boxes to wrap gifts. Remove any labels/stickers and they’re ready to wrap!

Shirt Boxes – they aren’t just for shirts. Shirt boxes come in value bundles and are perfect for smaller, flatter, oddly shaped, oddly or soft packaged, or several loose items. We searched “shirt boxes” on Amazon and found these cute options, just as an example.

Gift Card Pillow Box Holders – double as simple jewelry boxes too
Gift Bags – You can get them in value packs too, plain colors, themed, etc.
Tissue Paper – You’ll need it if you’re using bags or shirt boxes. They sell it almost everywhere, even the dollar store.
Wrapping Paper – You can get all kinds of paper options at all kinds of price ranges. We suggest an average paper, ideally just pricey enough to have the grid lines on the back. The quality of paper is usually better (less accidental tearing) and the lines make it so much easier to cut straight.
Good Scissors – If you have an old pair that doesn’t cut right, it’s time to upgrade to a new pair. Does not have to be fancy, just has to function properly.
Clear Tape – Splurge and buy the brand name. You will save time and swear jar money. Pro Tip: the clearer the tape the less noticeable it will be. If it looks frosted on the roll, it will look frosted on the gift. Either way is fine, just a preference choice to make.
ACCESSORIZE with Gift Tags, Ribbons, and Bows. While they are not necessary, they make the experience even better for the receiver, taking your perfectly pretty present to the next level!

GIVE YOURSELF TIME TO WRAP

If possible, give yourself little blocks of time over the next few weeks to wrap things. If you are living that last-minute-cram-session lifestyle, gift bags and no-wrapping-required gift boxes will be your best friends!

Now the fun part! Coordinate your wrapping selections, and voila! Your gifts become your holiday decor! Pick a few theme colors and only buy wrapping paper in those colors or that have those colors in them. Pro Tip: If your tree or holiday decorations have a dominant color, make sure that color is in your wrapping selections too.

Here’s an example of a theme we created using only items we could find on Amazon. For this example theme we wanted a homemade vibe in aqua, red, and white: 

GIFT WRAPPING 101

(a how-to tip guide)

Paper Wrapping:

Measuring – Measuring can be tricky, but a good guide is to use the biggest length of your item to measure the paper at least 2 lengths wide, and 3 lengths tall. In general, it is better to err on the side of too large rather than too small. Pro Tip: Choosing paper with a grid on the back really comes in handy for measuring, cutting, and lining things up straight.

Wrapping – If possible, place top of item down so that your seams will be on the bottom of the gift. Even if your seam isn’t perfectly centered, it will be hidden on the bottom of the gift.

Folding – Fold ends in at the sides first, then down from top, and up from bottom to close.

Pro Tip: On all box edges and corners, use your fingers to lightly pinch the paper into crisp creases. It really makes the presentation pop!

Gift Bags:

Pro Tip: Roll delicate or breakable items in tissue or kraft paper. Place a cushion of tissue paper in the bottom of the bag too. It’s also perfectly fine to place several wrapped or unwrapped items into one gift bag.

HOW TO: Use tissue paper to accent and coordinate the top of the bags for a pretty presentation. Place items in gift bag. Lay the stack of tissue paper out on a flat surface, pinch one sheet of paper in the middle and whip up into the air and down to form a fluffy cone. For most bags you will use at least 3 sheets of tissue for each bag top. Tuck the paper cones in top of gift bag, points facing down into the bag. Depending on your bag size, you may need to add additional sheets to fully obscure the gifts inside.

Boxes:

To wrap or not to wrap? If you used a no wrapping required shirt box you are basically done! All it needs is a tag, and some ribbon or a bow if you want to get fancy. If you used a plain and simple shirt box, if the item’s packaging is already a box, or you’re using shipping boxes, proceed to the “Paper Wrapping” section above!

Just remember, the wrapping is just for fun. The magic is in the giving.

You’ve got this!

HAPPY HOLIDAYS!

 

Home Hack

FALL is for Charcuterie Boards!

In our houses, charcuterie boards are a year-round occurrence, but there is something about the fall and Thanksgiving that make these displays even more fun to create. If you’ve never heard of “charcuterie boards,” it’s just a fancy term for meat and cheese displayed on a board or tray. Even your Thanksgiving relish tray could be turned into charcuterie with the right presentation and a few key ingredients.

Let’s make one!

First, you’ll need a charcuterie board. We recommend any food-safe flat surface – ideally with a small lip or edge. It could be anything from a nice cutting board to a wooden plate or small serving tray. You want whatever you use to be food grade and visually appealing. We found several options on Amazon. We used the search terms “charcuterie board,” “cutting board,” and “wood plates” and these are some of the options that popped up:

If you already have a nice chopping board, serving dish, or baking sheet at home that works too! Just make sure its nice and clean.

The ingredients:

Your charcuterie boards can vary in size from personal to party. We think a good place to start is with at least five items. (For example, two types of meat, two types of cheese, and crackers) The boards can be themed: savory and sweet, vegetarian, desserts… the sky is the limit. Here are some combination ideas to get you started.

The Mansion: Summer Sausage, Pepperoni, Deli Ham, Prosciutto, Deli Turkey, Olives, Mini Pickles, Cheddar Cheese, Pepper Jack Cheese, Swiss Cheese, Cheese Ball, Celery, Carrots, Club Crackers, Pretzel Sticks, Butter Crackers, Honey Roasted Nuts, Cinnamon Pecans

The Lake House: Smoked Salmon, Deli Ham, Apple Slices, Red Grapes, Cheddar Cheese, Pepper Jack Cheese, Port Wine Cheese Spread, Cream Cheese, Sun Dried Tomatoes, Club Crackers, Hard Bread Sticks, Wheat Thins, Toasted Bagel Rounds and/or Fresh Bagel Slices, Chopped Onions, Capers, Chocolate Kisses or Mini Chocolate Bars

The Candy Cottage: Apple Slices, Cotton Candy Grapes, Strawberries, Chocolate Covered Raisins, Honey Wheat Pretzel Rods, Vanilla Wafers, Graham Crackers, Cinnamon Pita Chips, Hazelnut Spread, Chocolate Hummus, Marshmallow Fluff, Large Chocolate Non-Pareils, and White Chocolate Kisses or Bark

The Garden: Bell Peppers, Carrot Chips, Celery Sticks, Broccoli, Cauliflower, Cherry Tomatoes, Mushrooms, Hummus, Fresh Ranch Dressing, Grapes, Apple Slices, Cinnamon Apple Chips, Cucumber Finger Sandwiches, Honey Wheat Pretzel Rods, Pita Chips, Caramel Dip, and Hazelnut Spread

The prep:

Some techniques to work with

  • Make most items bite-sized
  • Deli Meats and cured meat slices: roll slices into a little log, if logs are large you can cut them in half.
  • Cured meats: slice into even bite-sized rounds
  • Cheeses: cut into even cubes or cracker-sized slices, or use as focal accents with larger wedges and cheese balls
  • Veggies: cut evenly – 3″ sticks, 1″ rounds, bite size flowerets, leave bite sized items like cherry tomatoes whole
  • Fruits: cut into even wedges or slices, leave grapes and strawberries whole, fruit is usually a great fill-in item
  • Use small glass prep bowls for spreads, dips, or other wet items
  • If you want a garnish use fresh herbs or lettuce cups. Rosemary, basil, and chives are nice fresh options.
  • Suggest pairings by putting items that go together in the same area. For example in The Lake House, the salmon, cream cheese, bagel chips, and onions are all things that pair, so you may want to keep them around each other when you display them.
  • Don’t forget the tongs, scoopers, small spoons for dips, cheese knives, etc.

The presentation:

The layout is all about your groupings. You want to work around the board, ideally beginning with three groupings. Start with the high traffic items, usually that means the meats/proteins. Place them in larger groupings, at three different spots on the tray to form a triangle.

Place your prep bowls (for any dips and sauces) next

Place your cheeses in groups around the meats, again in three groupings if possible.

Now fill in your board with groups of items that use specific prep bowls – fruits near sweet dips, veggies near dressings, etc.

Place your drier items (chips/crackers/breads) in groups near the cheeses, or on separate plates that surround your board.

Finally, place remaining items to fill in any gaps. Grapes and apple slices are great filler items.

Kinda like this:

Voila, just like that, you’re a charcuterie pro! Don’t forget to share your charcuterie masterpieces with us on Facebook and Instagram!