Hope Leitner, Realtor®, CRS

  Information is brought to you by Hope Leitner Berkshire Hathaway HomeServices California Properties Curtain Alternatives to Dress Your Windows Looking to dress your windows with something other than curtains? The following ideas are fun, great for creative expression and relatively inexpensive. Screens.  These thin, partially transparent screens can be pulled down when you need them and still let some light through. Bright frames.  Don’t want any type of coverage but looking for a color pop? Paint bright wooden frames (think pictures frames) and fit them around your window for flare. Canopies.  Instead of hanging curtains on a rod, fix two long sheaths of fabric from a bed crown hung above the window and then draw them back like curtains. This looks particularly lovely behind a bed. Beads.  Grab a funky beaded curtain, available in all shapes and sizes—a great addition to a kid’s bedroom or playroom. Frosted glass.  If you’re looking at a room with window...

  Information is brought to you by Hope Leitner Berkshire Hathaway HomeServices California Properties Top Benefits of Having Kids Share a Room If you have or plan to have children and you’re shopping for a new home, one of the most important deciding factors will likely be the number of bedrooms. While many parents seek out homes that are large enough for each child to have his or her own room, some choose to have their children share bedrooms because of the clear benefits. It Teaches Important Social Skills Sharing a bedroom with a sibling teaches kids respect. Children who share rooms have to learn to respect each other’s belongings, space, and need for peace and quiet. They need to learn to clean up after themselves, to share possessions, to respect each other’s privacy and to keep the noise level down so a sibling can study or sleep. Respect for others will be valuable when children go off to college and share a room with a new roommate or when they live with a spouse or partne...

  Information is brought to you by Hope Leitner Berkshire Hathaway HomeServices California Properties 5 Ways to Pick the Perfect Color Scheme If you’re revamping your interior design scheme, you may be considering a new color palette. Should you go with earthy hues? Vibrant jewel tones? Cool blues and grays? Below are five ways to pick a color scheme that will work for you. Choose from what you have.  If you’re not revamping with an entirely new furniture set, then you may want to pick a color from what you already have. A boldly patterned sofa or floor rug can serve as a jumping off point. Start with three . If you’re feeling overwhelmed with options, choose three colors you love and keep it to there, with one as your main color, another as your secondary and a third for accents. (Four if you count white, which is more of a neutral). Base with black . If you can tie black into your color scheme, you’ll always have something easy (and versatile) to return to. No need to get ma...

Sometimes, as people approach the inevitable, they start trying to get their things "in order".   They may even have a will, but they decide to transfer title to real estate prior to their death which could be an unnecessary expense for the would-be heir. Generally, when property is passed through direction of a will, the heir will receive a stepped-up basis which means that the fair market value of the property at the time of death becomes the cost basis for the heir.   If the property were sold for that fair market value, there would be no gain and no capital gains tax due. However, if the property is gifted prior to death of the donor, along with the title to the property comes the cost basis of the property.   The transfer of title does not trigger the capital gains tax but when the property is sold, the gain is calculated by subtracting the basis from the sales price leaving a capital gain subject to tax.   In other words, the person receiving the gift does ...

  Information is brought to you by Hope Leitner Berkshire Hathaway HomeServices California Properties How to Choose the Right Kitchen Sink In the wide world of kitchen décor, the sink is rarely a star. Sandwiched between the granite countertops and the kitchen backsplash, it is perhaps the last thing homeowners think about. But considering how often we use it, and the different chores we use it for, the sink deserves a considered choice. Kitchen design consultants at HGTV provide kitchen sink basics to think about: Size and Shape   Classic Farmhouse A large, single-basin sink, this classic design works well if you plan to use it for multiple chores beyond washing dishes, such as cleaning over-sized pots, pans and baking sheets, or bathing dogs or babies. More common is the double farmhouse sink, with two basins of equal size.   Traditional Double Sink With two basins of different size, these allow the user to prep in the smaller size and clean up in the larger one, or sep...

Mortgage insurance benefits the lender if a borrower with less than a 20% down payment defaults on their loan.   Most conventional mortgages greater than 80% and all FHA loans require the borrower to have this coverage. Private mortgage insurance on conventional loans can range from 0.5% to 2.25% based on the loan-to-value and the credit worthiness of the borrower.   A $350,000 mortgage would have a monthly mortgage insurance premium of $146 a month at the low-end of the scale and over $600 on the high-end. You may request that your mortgage servicer cancel the PMI when the principal balance reaches 80% of the original value at the time the loan was made.   You should have received a PMI disclosure form when you signed the mortgage documents stating the date.   If you have made additional principal contributions, it will accelerate the date. Other criteria considered to cancel the PMI on your loan is: The request must be in writing. You must be cu...

  Information brought to you by Hope Leitner Berkshire Hathaway HomeServices California Properties Changing Up the Flooring? How to Remove Carpet Glue If you’ve recently moved into a new home, you might decide to change out the carpets in the house either to expose the wood flooring underneath or to add in a newer rug or carpet design. The challenge is, once you start ripping out the carpet, you’ll notice glue marks that are stuck due to years of working to keep the carpet in place. These problematic remnants are often more challenging to get rid of than the actual carpet itself. Thankfully, some elbow grease combined with the following basic DIY instructions will help. Are you an expert on glue? Probably not, which is why you need to figure out the type of glue you are dealing with before you begin. You see, there’s a bunch of different carpet glues and removing the various kinds requires different solutions and steps. In the simplest terms, tar-based adhesives are dark brown or t...

Hope Leitner Berkshire Hathaway HomeServices California Properties 3 Ways to Clean Your Sponges Sponges are a kitchen staple, but a clean sponge can spread grime all over your eating space. How often should you clean your sponge, and how should you do this? Don’t just trash a sponge when it begins looking spotty. Instead, clean them weekly, and toss them out monthly or sooner, depending on frequency of use. Our friends at Good Housekeeping offer the following solutions: Soak ’em.  Mix a third-quarter cup of bleach in one gallon of water. Soak the sponge for five minutes, then rinse. How effective is this? In testing, the bleach solution kills 99.9 percent of the three bacteria strains from the test sponges, which is the benchmark based on the EPA’s requirement for sanitization of non-food-contact surfaces. Brine ’em . Not a fan of bleach? Vinegar is nearly as effective, killing 99.6 percent of bacteria. Simply soak your sponge in full-strength vinegar for five minutes, then rinse w...

This strategy is not about trying to negotiate the best price; it is about beating out the competition and buying the home.   It may be difficult to understand until you have lost a few homes to better offers but when the reality of the situation is that there are not that many homes on the market, the competition heats up and different tactics are necessary.   Sales in December were annualized at 6.76 million, a 22.2% increase year over year according to the National Association of REALTOR®.   The median sales price is $309,800 which is up 12.9% from the previous year.   Inventory for December fell to 1.9 months' supply from 3.0 months' supply in December of 2019.   Six months inventory is considered a balanced market. Things that work in a buyer's market will not work in a seller's market.   The shortage of available homes for sale has led to not only shorter market times but multiple offers that have sales prices above the listing price.   B...

Many homeowners with mortgages pay for both types of insurance but only one of them protects the owner. Homeowner's insurance covers damage to your property and losses from fire, burglary, vandalism, and other named natural disasters.   When an insured has a loss, they file a claim with the insurance carrier which would be subject to the deductible mentioned in the policy. If the homeowner has a mortgage on the property, the lender will require that the borrower carry adequate insurance on the property and name the lender as an additional insured.   This protects the lender that the home will continue to be sufficient collateral for the loan in case of a loss. Mortgage insurance is not like homeowner's insurance in that it is solely for the protection of the lender if the borrower defaults on the loan.   Usually, lenders require mortgage insurance on any loan greater than 80% loan-to-value.   Occasionally, they may require it on some loans less than 80% based o...