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How Much Should You Put Down?

by Mehner Weiser Real Estate, LLC.

Happy New Year! We hope that 2022 is off to a fantastic start for you and your family. Do you have plans to buy a new home this year? If so, you're probably thinking and saving for a down payment, but how much do you need? There are many loan options, and you may not need 20%.

 

Conventional Loans

Have you heard of Fannie Mae or Freddie Mac? These are the companies that provide conventional home loans. If your credit score is in good shape, you'll only need to put 3% down on your new home.

FHA Loans

Are you a first-time homebuyer? Then, an FHA loan might be a good option for you. Generally, you could put as little as 3.5% down.

VA Loans

If you're a veteran or currently active military, your service is appreciated. Getting a VA loan doesn't require a down payment.

USDA Loans

​USDA Loans are backed by The US Department of Agriculture's Rural Development Program. These loans are for rural and suburban homebuyers. Check with your lender for income and loan requirements if you feel this is the right loan for you.

That's just a brief idea of the loans that allow you to save a little cash upfront. Of course, a mortgage professional will help you find the best option for you. I work with incredible lenders that can help. If you're ready, give me a call, text, or reply to this email. I'd be happy to help you with your move.

3 Ways to Make the Most of Color at Home

by Mehner Weiser Real Estate, LLC.

If you’re thinking of updating, remodeling or repairing your home this year, it’s time to start planning. 

Want to make the most of your efforts? Don’t overlook color. Color plays a big role in your home’s aesthetic and mood, and it can affect your overall property value, too. 

If you’re not sure where to start, get acquainted with the trending hues for 2022 and take a look at these tips for incorporating color like a pro.

1. Let the colors of the year guide you. A great place to start is by reviewing the “colors of the year.” For 2022, hues of green are in for two of the most well-known brands. Benjamin Moore went with October Mist, a pale, silvery green, while Sherwin-Williams opted for Evergreen Fog, a soothing “green-meets-gray” shade. Pantone went in a different direction with Very Peri, a periwinkle shade with violet-red undertones meant to “encourage courageous creativity.”

2. Have a color-placing strategy. How will you use the colors? You can opt for a more nuanced approach and paint an accent wall, your crown molding or your baseboards, or you could go all-out and use it on your kitchen cabinets or even an entire room or ceiling. Another option: You could focus on accessories like bedding or drapes if you want something more temporary. 

3. Factor in durability and upkeep. White and light hues photograph well and make a room look nice and clean. On the downside, they may get dirty easily and often require a lot of cleaning and upkeep. They’re typically not good choices in a well-used space (like a playroom or right around the kitchen sink or oven, for example).

Planning to sell your home or buy a new one this year? Reach out today for guidance.

Displaying blog entries 1-2 of 2

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Mehner Weiser Real Estate Group
RE/MAX Dynamic Properties
3350 Midtown Place
Anchorage AK 99503
Bethany (907) 223-1632
Bonnie (907) 223-0005