Lori Madden's Blog

Posted on 08/23/2020

Understanding Debt to Income Ratios and Why They Matter

Image by Mimzy from Pixabay As you start your journey to home ownership, one of the terms you may hear from your mortgage lender is debt to income ratio. Many people have never heard this term before, but it is an important aspect of obtaining a mortgage. Your mortgage lender wants to make sure you are not going...

Debt

Debt To Income Ratio

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Posted on 08/16/2020

FHA, VA and USDA Loans and How They Differ from Conventional Mortgages

Photo by Alexander Stein via PixabayWhen it comes to a mortgage, most of us think of the same standard product; the 15 or 30 year conventional mortgage offered by banks and lenders. This is not the only mortgage option you have, though. Depending on your personal history and circumstances you may qualify for an attractive mortgage with lower...

Mortgage

Loans

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Posted on 08/09/2020

Getting Started: How to Overcome the Hassle of Rental Properties

Photo by OpenClipart-Vectors via Pixabay It’s only a hassle if you’re not in control. There are a lot of ways to do investment property wrong, but here are the ways to do it right so that it’s an asset, not a nuisance. Be picky about the property. While you don’t need to purchase anything high-end, always choose something...

Rental Property

Investment

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Posted on 08/02/2020

How to Sell Before You Buy

Photo by Paul Brennan via Pixabay If you’ve been renting and preparing to buy a new home, you’ve probably saved up your down payment and are in the process of getting pre-approved for your mortgage loan. If, on the other hand, you’ve been living in a home you own and paying on your mortgage, you may be ready...

HELOC

Contingent Purchase

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Posted on 07/26/2020

Tackling DIY Projects Around Your Home

Photo by RawPixel via Pixabay It may be tempting to call an expert (and sometimes, you can't avoid doing so) to fix something or to enhance the decor of your home, but some projects are surprisingly easy to do. Tackling DIY projects at home has never been easier, thanks to the availability of tools and products designed just...

DIY

DIY Home Repair

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Posted on 07/19/2020

Cabinets: Doors vs. Shelving

Photo by ginsburgconstruction via Pixabay Nothing completes an open floor plan better than open shelving. Open shelves present everything for the world to see. They transform what may be a cluttered, dark, hidden space into one that becomes a place of not only function but of style. Open shelving complements the Minimalist, Industrial or Scandinavian Modern styles. But...

DIY

Home Improvement

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Posted on 07/12/2020

How to Choose the Right Property to Flip

Photo by Jonny Lindner via Pixabay Making a flip profitable starts with one straightforward requirement: find a great deal. These tips are straightforward but crucial if you want to nail your first flip or your tenth. 1. Spread the Word that You're In The Market By this point you should have a rock star team nailed down--a few...

Buying

Flipping

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Posted on 07/07/2020

Tips for Adding to Your Resale Value

Image by Breadmaker from Shutterstock When you're motivated to get the most from your sale, it pays to add property value through preparation. Get started today with some of these tips: Have your local real estate agent evaluate your home. As a professional, they know what sells and what doesn't in your area. They will assist you in...

Seller Tips

Resale Value

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Posted on 06/28/2020

Roof Maintenance for Your Home

Image by Mario Ohibsky from Pixabay Whether you’re getting your home ready to sell or just getting settled into a new one, making sure your roof is in excellent condition is important. Your roof helps keep the inside of your home safe from water and other types of damage. Roofs can endure wear and tear over time or...

Roof

Homeowner

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Posted on 08/20/2020

Another Property Sold - 5915 Wake Forest Run #101, Lakewood Ranch, FL 34211

Adorable Arrowhead coach home in Lakewood National. So open and spacious with 3 bedrooms and 2 full baths, both with granite counters. Gourmet kitchen with stainless appliances, white cabinets and walk-in pantry. Generous gathering room off the kitchen for entertaining with a cozy yet roomy dining area. Your owner’s retreat offers a sizable bedroom and luxurious bath. Dual sinks, massive walk-in closet, private water closet and large walk-in shower. 2-car attached garage. Screened-in lanai is perfect for relaxing and enjoying the nature preserve view. LWN offers many resort-style amenities like tennis, pickleball, bocce courts, swimming...

Real Estate

Lakewood Ranch

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Posted on 07/16/2020

Another Property Sold - 10521 Amberjack Way #203, Englewood, FL 34224

Move in ready and available for immediate enjoyment, this beautifully appointed, TURNKEY FURNISHED, 3 bedroom/2 bath residence offers a slice of upscale island living at its finest! Upon entering through the brand new 8 ft. front door, you are welcomed by all new interior paint in the latest coastal colors and low maintenance driftwood-inspired plank tile flooring. Your eye is immediately drawn to the view beyond the great room to the preserve and lake, truly a nature and bird lover's dream. Either from the boardwalk downstairs or from the sofa on the large and private screened patio, you can fix your binoculars on the natural wonders just...

Real Estate

Englewood

+ 2 more

Posted on 07/03/2020

Another Property Sold - 5353 Siesta Court, Sarasota, FL 34242

Located in Siesta Cove, one of Siesta Key's finest luxury communities within minutes to the white quartz sand of Siesta Beach, you will find some excellent finishes chosen for the 2013 model of this three or four bedroom home. The impressive curb appeal stems from an exterior facelift now boasting stacking stone, new garage door, all new hurricane windows in 2017, beautiful Mahogany and glass front door and recently completed professional landscaping. An efficiently laid out eat -in kitchen features maple shaker cabinets with granite countertops, Bosch stainless steel appliances, wine cooler and trash compactor. The open living plan offers a...

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