RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

How to Stay Safe in a Power Outage

March 24, 2017 1:48 am

Whether it’s a bad storm or a downed utility pole, power outages can strike at any time. While most only last for a couple of hours, a prolonged power outage presents a whole host of obstacles. Here’s how to make sure your home and your family stay safe next time you lose electricity:

- Stay far away from downed power lines and any debris those power lines are in contact with; they have the capability of delivering a fatal charge. Wait for your utility company to take care of the problem.

- If flood waters in your basement are covering utility outlets, do not step into the water. Call your utility company and have them turn the water off at the meter.

- If using a generator, make sure nothing is plugged into the generator when you turn it on. Operate generators in well-ventilated, dry outdoor areas.

- While power is out, be sure to turn off all electronics, otherwise your circuits could overload when power is restored. Leave one light on so that you’ll know when power is back.

- For lighting, stick to flashlights not candles to avoid fire hazards.

- Keep refrigerator and freezer doors closed as much as possible. According to the American Red Cross, an unopened refrigerator will keep foods cold for about four hours. A full freezer will keep the temperature for about 48 hours (24 hours if it is half full) if the door remains closed.

- Avoid traveling, especially at night. With traffic lights and street lamps out, driving becomes hazardous.

When power returns, continue to avoid downed power lines and examine food carefully - throw anything away that you suspect may have gone bad while unrefrigerated. If you hadn’t done so already, make an emergency supply kit with dry food, water, batteries, flashlights, blankets, etc. so you’ll be well-prepared next time the lights go out.

Published with permission from RISMedia.


Tags:

Preparation Is Key for Buying or Selling Home

March 24, 2017 1:48 am

Whether you’re buying or selling a new home, preparing well in advance is crucial to a successful transaction. In fact, of over 13,000 U.S. residents surveyed, the number one regret for both buyers and sellers was not starting their home search or prepping their home to sell soon enough. 

The Zillow Group Report on Consumer Housing Trends reveal strategies for how to buy and sell in today's highly competitive market.

Buyers

Keep your options open. More than half (52 percent) of buyers said they also considered renting, and more than one third (37 percent) of first-time buyers seriously considered continuing to rent. Savvy shoppers will have a Plan B in place, hoping to buy if it works out, but willing to sign a lease for a home if they don't make a deal by the time they need to move.

Be realistic with your budget. Once you set it, stick to it: first-time home buyers are more likely to exceed their budget than repeat buyers (39 percent vs 26 percent). Before you meet with a lender to determine how much mortgage you'll be approved for, take a good look at your individual finances and spending preferences to determine the monthly payment range that you feel you can comfortably afford.  

Get your financing squared away early. Plan to meet a few lenders four to six months ahead of when you're planning to buy to ensure you can make a competitive offer quickly when you find your dream home. The majority (82 percent) of buyers get pre-approved, with 77 percent getting pre-approval from a lender before finding a home on which they are interested in placing an offer.

Find an agent with a winning track record. Take the time to find an agent who has expertise in fast negotiation, leveraging escalation clauses, and winning bidding wars. Only 46 percent of buyers got the first home on which they made an offer, demonstrating that competition is now part of the process.  

Communication is key. Make sure your preferred method – and frequency – of communication matches that of your agent. One third (33 percent) of all buyers preferred phones call with their agent over emailing (21 percent) or texting (15 percent). Buyers can use the agent reviews on Zillow to learn more about prospective agents and their clients' experiences. 

Sellers

Start early and be strategic. Sellers consider putting their home on the market for five months before they list it. But the top seller regret is that they wished they spent more time prepping for the sale. Many cities have a magic window in the spring when homes have a higher likelihood of selling quickly for more money.

Work with an agent from the start. The vast majority (90 percent) of sellers who sold quickly and for more than list price worked with an agent, and two out of three (58 percent) began working with an agent at the very beginning of their selling journey.

Pay attention to your online curb appeal. The majority of buyers begin their search online. Sellers who sold their home for more than list price made imagery and home information available online: 48 percent had professional photos taken of the home, 30 percent shot video footage and 21 percent even shot drone footage.

Home improvements can be a worthwhile investment. Sellers who fetched above list price tackled home improvement before listing their home, being 50 percent more likely to take on a large project like modifying an existing home plan and 20 percent more likely to renovate a kitchen than the average seller. 

Don't be afraid to try again. In many markets, nearly half of listing views occur in the first week the home is on the market. Twenty-six percent of those who sold above list price took their home off the market once to adjust the sales price, opting to start anew rather than letting the home languish on the market with minimal activity. 

Source: www.zillowgroupreport.com

Published with permission from RISMedia.


Tags: