7 Ways Downsizing Saves You Money

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downsize your home, downsizing, real estate, real estate tips, Save Money, sell your home, Selling a home, selling your home, senior citizen; senior home transitioning; senior living transition; real estate for seniors, senior transitions, The best real estate agent in Jacksonville

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Downsizing is hardly a dirty word these days, especially as Baby Boomers begin to question the size of their home, and more Millennials are finally making their way into the world. Home ownership is a good investment at any size, and if you’ve ever wanted to free up some cash for the rest of life’s joys (travel? new hobbies? investing?), downsizing can be a great way to rightsize your budget. Here are seven ways downsizing can foster a little more financial freedom:

1. Utility costs. If your gas and electric bills have been climbing year over year, consider the pleasant surprise of heating and cooling 1,200 sq. ft. instead of 3,500. Controlling the climate in empty spare bedrooms is pointless when you don’t need the room. What’s more, you can count on fewer houseguests with less space, and this, in turn, can decrease utility costs.

2. Maintenance costs. How big is that lawn? How many rooms need to be refreshed with a coat of paint? How many windows do you need to wash, and what about the size of that driveway that must be repaired and sealed?

3. Insurance. Your insurance bill is based in large part on your appraisal, and if your new home is smaller, your insurance bill should shrink as well. (This can vary based on location and levels of coverage, of course, but you would be hard pressed to insure less for more!)

4. Property taxes. Much like insurance, tax rates tend to be based on a percentage of assessed value. Here’s a few more dollars back into your wallet.

5. Repairs. How many toilets do you need to have fixed? Appliances? Light fixtures to keep lit? The smaller home has fewer leaking faucets and a smaller roof to replace. Your overall spend on maintenance goes down when you have less home to maintain.

6. Furniture. Downsizing is a perfect opportunity to sell excess furniture and find keep only those pieces well-loved or essential for your new smaller space.

7. Hosting and entertaining. When you’ve got that spra

wling home, your place is ground zero for out-of-town guests, relatives, and holiday parties. As your space shrinks, so does your annual hosting and entertaining budget. Besides, if you really want to throw a shin-dig, you can take some of that downsizing cash and pick a perfect venue.

Looking to downsize and redirect that extra cash? Get in touch: Kevin and Jennifer Hanley, REALTORS The Hanley Home Team of Keller Williams Realty Atlantic Partners Southside 904-515-2479 http://www.HanleyHomeTeam.com

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Tips for Tree Removal

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Buying a home, hiring a tree removal company, homes for sale in Jacksonville FL, Jacksonville, Jacksonville FL Real Estate, liability, real estate, Selling a home, tree removal

If you have a troublesome tree on your property, dealing with it responsibly, economically, and safely is important. While you may own a chainsaw, tackling the project yourself can be extremely risky. Here are some questions to ask and tips for tree removal:

1. Make sure you need to remove it. Mature trees are good for property value. Before you go clear-cutting your property, be absolutely sure removing it is the right move. A certified arborist can help you make the decision between removal or sensible trimming.

2. Don’t do it yourself. What if the tree falls on your house? What if it lands on your neighbor’s car? What if you get crushed? Are you experienced enough with a chainsaw to handle it without injuring yourself? Hire a pro.

3. Hire a certified company. This means someone certified by the International Society of Arboriculture or a Tree Care Industry Association Accredited business. If the tree is near power lines, they’ll also need to be “Approved Line-Clearance” arborists.

4. Can you legally remove the tree? Be absolutely sure the tree is legally on your property before you take action. If you determine it is, find out if any permits are required to remove or trim the tree. Some communities have strict guidelines pertaining to tree removal.

5. Ask about trimming methodology. If the company handling your tree recommends “topping” the tree or uses spikes on their boots for routine tree trimming, find another company. Both can expose the tree to disease and result in serious wounds.

6. Get a detailed estimate from three companies. Nail down what they’ll do, how long it will take, and what equipment they plan to use. You need an apples-to-apples comparison to make your decision, and you might just find out one company takes greater precautions when it comes to safety.

7. Get references. Don’t rely on Yelp alone for a review of your arborist. Ask them for references you can speak to independently.

Trees are beautiful and essential to our ecosystem, but there are times when steps must be taken to deal with dead wood and other incursions. Do yourself a favor and treat your property with the respect it deserves.

Need a good referral for tree work? Get in touch: Kevin and Jennifer Hanley, REALTORS The Hanley Home Team of Keller Williams Realty Atlantic Partners Southside http://www.HanleyHomeTeam.com 904-515-2479

 

How to Save Your Plants This Winter

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Buying a home, homes for sale in Jacksonville FL, Jacksonville, Jacksonville FL Real Estate, plant tips, protect your plants in winter, real estate, Selling a home, winter plants

When the colder months settle in, there’s no reason to sacrifice all of your plants. Depending on the type of plants you have and the severity of your winter, there are ways to help ensure your favorite decorative greenery sees another spring.

Before it’s too late, take the time now to plan your plant protection strategy. These tips selected from gardening experts from around the web should help many of your most beloved shrubs, bushes, trees, and potted wonders make it through the harsh weather.

Move potted plants off concrete and onto the earth. Protecting the roots of a plant can be key to its survival. The top of a plant can often endure more trauma than the roots. Concrete can warm considerably in the sun, and then become very cold at night. This heat/cool cycle and the rapid swings in temperature it brings can damage roots.

Plant in big pots. Soil is insulation for root systems. In a 10-gallon pot you’ll have ten times the protection a 1-gallon pot provides. It can also be useful to buy a pot with a thickness greater than one inch as a means of helping further shield the roots.

During winter, water at the warmest point in the day. When temperatures climb above freezing, water your plants. Water is often used as a defense against freezing temperatures, in part because when water freezes it releases heat. Also, wet soil does a better job protecting from invasive cold than dry soil (which contains air pockets).

Position plants where temperature swings are lower. Often southern exposures will experience the greatest temperature fluctuations, so consider northern or eastern positions around the house.

Group plants defensively. Gather your plants together, placing the “weakest” of the bunch in the center and the heartiest selection on the outside, forming a border. You can also create a barrier around the group to help shield the plants from excessive wind.

Mulch for additional insulation. Mulch can help create a blanket of protection. Hay or a thick layer of leaves can also work.

Consider bringing some plants indoors. Certain potted plants might have the best defense inside. But if you do bring them indoors, bring them in before it gets too cold. The shock of moving from a chilly autumn night to a heated home can be dangerous.

With a little planning and luck, you can extend the life of your plants and the beauty of your home.

Tired of protecting your plants each winter and ready to move to Florida?  We can help there, too!  Kevin and Jennifer Hanley, REALTORS Keller Williams Realty Atlantic Partners Southside http://www.HanleyHomeTeam.com 904-422-7626

Protecting your college student’s possessions at school

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Buying a home, College, Florida, homes for sale in Jacksonville FL, insurance coverage, Jacksonville, Jacksonville FL Real Estate, real estate, renter's insurance, schools, Selling a home, sending kids to college, theft on campus

If you have a son or daughter heading off to college, you’ve probably sent them along with most of their most prized possessions. Laptop, stereo, smartphone, mountain bike… it all adds up to several thousands of dollars of personal gear.

So what happens if they get robbed? Will you be stuck for the replacement costs, or are they covered on your homeowner’s insurance policy?

Believe it or not, the insurance policy on your home might just cover what your kid takes to school. But there’s a catch: Many policies only cover the student if they live in a dorm on campus. If they’re in an apartment or house on their own, you might not be covered.

One alternative to covering your student’s possessions while they’re away at school is renter’s insurance. Renter’s insurance is a very affordable way to make sure you’re not out thousands if there’s a break-in. For as little as $15 – $20 a month you can have a bit of piece of mind you won’t find yourself in the Apple store again plunking down for a new Macbook Air.

A few notes:

1. Your student won’t be covered by their roommate’s policy. Policies are specific about covering a single policy holder.

2. A renter’s policy can also include liability coverage, much like your homeowner’s insurance.

3. Taking inventory of possessions and keeping detailed records (with photos and serial numbers) is essential. It provides helpful evidence of ownership in the case of a claim.

You’ll want to talk to your insurance agent about your specific situation, needs, and your policy. Don’t overlook this opportunity to protect your student and your wallet.

Need a referral to an insurance agent? We can help recommend a few we know and trust: Kevin and Jennifer Hanley, REALTORS Keller Williams Realty Atlantic Partners Southside 904-422-7626 http://www.HanleyHomeTeam.com

Predicting Neighborhood Value

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Buying a home, FL, homes for sale in Jacksonville FL, House values, Jacksonville, Jacksonville FL Real Estate, Moving to a new city, Neighborhood home values, neighborhood value, real estate, relocation, Selling a home

  How do you predict the value of a neighborhood? While no one can say for sure how home values in a neighborhood will rise or decline over time, there are big-picture economic factors that you can look for to help get handle on where they may be going.

1. Major regional employers. If a community depends upon one or two large companies for a high percentage of local employment, you can bet that as the company fares, so will the neighborhoods. While “company towns” are hardly the norm these days, don’t overlook the possibility.

2. Number of properties currently for sale. Sometimes there’s nothing wrong with a neighborhood just because the inventory (i.e. number of homes on the market) is high. Other times, something may be amiss. If you’re seeing street-after-street of “FOR SALE” signs, ask questions.

3. Major construction. Is that a new school they’re building, or is it a supermax prison? Did they clear that land for a new shopping center, or is it a new loop for the interstate? Certain types of construction can improve home values while others can hurt. Getting in touch with the local planning commission as well as the local newspaper’s business section (or website) can help illuminate what’s behind those bulldozers and cement mixers.

4. Rental density. People who own the homes they live in tend to take better care of them. Also, it’s preferable to have long-term neighbors versus high-turnover tenants. Absentee landlords or seasonally rented properties can also be a drag on a neighborhood. Get a feel for the rental density and the direction it’s heading. Rental density matters.

5. Environmental conditions. One industrial accident that poisons a water supply is enough to annihilate home values. How susceptible is the region to extreme weather? Don’t rule out environmental liabilities or benefits.

Nobody’s crystal ball is perfect, but to ignore major macroeconomic factors is dangerous. Even if you’re only planning on staying in a location for 5 – 7 years, do yourself a favor and try to position yourself to make, not lose money, on your home with these tips in mind.

Have questions about a neighborhood in Jacksonville? We’re happy to help. Get in touch today: Kevin and Jennifer Hanley, REALTORS Keller Williams Realty Atlantic Partners Southside 904-422-7626 http://www.TheHanleyHomeTeam.com

Discussing Senior Transitions

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Buying a home, FL, home ownership, homes for sale in Jacksonville FL, Jacksonville, Jacksonville FL Real Estate, Moving to a new city, real estate, relocation, Selling a home, senior transitions, seniors

   We speak with a a number of clients who have concerns about their home as they age. You (or someone close to you) may be facing similar questions.

As we all age, our thoughts inevitably turn to the question of the quality of our lives in the future. Where we live is an important part of that equation. I know I’ve thought about it, and I’ve definitely worked with people who have dealt with the uncertainty.

How will I know when maintaining my home becomes too much? How can I remain comfortable, safe, and independent in my own home? If my home becomes to big for me, how do I find one that meets my needs? Who will protect my interests when it comes time to sell my home?

If you find yourself wondering about these issues, or worrying about them on behalf of an aging parent or friend, I would be glad to offer my assistance. As a real estate agent with a special interest in senior clients, I’ve had the privilege of helping seniors and their families navigate this phase of life.

Please reach out to us if you’d like to chat. We are happy to help, even if you don’t necessarily need the answers to these questions for some time yet.

Kevin and Jennifer Hanley, REALTORS http://www.HanleyHomeTeam.com 904-477-5278 Keller Williams Realty Atlantic Partners Southside

Tips for Tree Removal

Tags

Buying a home, hiring a tree removal company, homes for sale in Jacksonville FL, Jacksonville, Jacksonville FL Real Estate, liability, real estate, Selling a home, tree removal

If you have a troublesome tree on your property, dealing with it responsibly, economically, and safely is important. While you may own a chainsaw, tackling the project yourself can be extremely risky. Here are some questions to ask and tips for tree removal:

1. Make sure you need to remove it. Mature trees are good for property value. Before you go clear-cutting your property, be absolutely sure removing it is the right move. A certified arborist can help you make the decision between removal or sensible trimming.

2. Don’t do it yourself. What if the tree falls on your house? What if it lands on your neighbor’s car? What if you get crushed? Are you experienced enough with a chainsaw to handle it without injuring yourself? Hire a pro.

3. Hire a certified company. This means someone certified by the International Society of Arboriculture or a Tree Care Industry Association Accredited business. If the tree is near power lines, they’ll also need to be “Approved Line-Clearance” arborists.

4. Can you legally remove the tree? Be absolutely sure the tree is legally on your property before you take action. If you determine it is, find out if any permits are required to remove or trim the tree. Some communities have strict guidelines pertaining to tree removal.

5. Ask about trimming methodology. If the company handling your tree recommends “topping” the tree or uses spikes on their boots for routine tree trimming, find another company. Both can expose the tree to disease and result in serious wounds.

6. Get a detailed estimate from three companies. Nail down what they’ll do, how long it will take, and what equipment they plan to use. You need an apples-to-apples comparison to make your decision, and you might just find out one company takes greater precautions when it comes to safety.

7. Get references. Don’t rely on Yelp alone for a review of your arborist. Ask them for references you can speak to independently.

Trees are beautiful and essential to our ecosystem, but there are times when steps must be taken to deal with dead wood and other incursions. Do yourself a favor and treat your property with the respect it deserves.

Need a good referral for tree work? Get in touch: Kevin and Jennifer Hanley, REALTORS Keller Williams Realty Atlantic Partners Southside http://www.HanleyHomeTeam.com 904-422-7626

 

BACK TO SCHOOL!

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Back to School, Buying a home, homes for sale in Jacksonville FL, Jacksonville, Jacksonville FL Real Estate, low interest rates, Moving to a new city, real estate, real estate investing, relocation, schools, Selling a home

It’s that time of year we think of as the “Back to School” season. It’s not really Fall and it isn’t exactly Summer, either. Maybe the weather hasn’t changed yet, but the morning commute is definitely quite a bit busier.

Each year we help families get settled before the Back to School season starts. A lot of people choose to move in the summer months. It’s often easier on the kids to break in a new school with a new school year, too.

We think a lot about kids going into a new school in a new year, and we know it can be tough for them to find new friends and get used to new routines. Just the other day, we came across this quote, and we thought it was pretty good advice for kids and adults alike:

“The way to be happy is to like yourself and the way to like yourself is to do only things that make you proud.”

(Mark S. Lewis, clinical psychologist.)

It’s a pretty good maxim to live by, especially if you find yourself in unfamiliar surroundings facing new challenges. It’s not so much what you would do to fit in, or what you think others would expect you to do… it’s doing what you know will make you proud that makes your way happier.

Our best to you and yours in this transitional season. Catch us up on your life when you have the time and please let us know how we can help you during your next transition.  Kevin and Jennifer Hanley, REALTOR Keller Williams Realty Atlantic Partners Southside 904-422-7626 http://www.HanleyHomeTeam.com

10 Tips Before you Leave For Vacation

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Buying a home, FL, handy tips, home safety, homes for sale in Jacksonville FL, Jacksonville, Jacksonville FL Real Estate, low interest rates, Moving to a new city, real estate, relocation, schools, Selling a home, summer safety tips, travel safety

Before you leave town, we thought you might be interested in a few precautionary safety tips to keep your home and your possessions safe while you’re gone. Often in the run-up to a vacation, people neglect to take simple steps to protect themselves from becoming a victim of theft or vandalism.

You’ve probably covered your bases, but just in case, here are 10 basic precautions you can take:

1. Have someone collect your mail and newspaper daily.

2. Leave shades and blinds in normal positions.

3. Put at least two lights and a radio on automatic timers.

4. Have someone leave trash at your curb on garbage collection day.

5. Have someone park a car in your driveway occasionally. If you leave your car outside, arrange to have it moved every so often.

6. Leave a key with a trusted neighbor in case of an emergency. Let the neighbor know where you are going and when you are expect to return, also leave them a way to get in contact with you in case of an emergency.

7. Lock all windows and doors before you go. Do not forget to double-check basement and garage doors.

8. On extended trips have someone to maintain your landscaping, (grass mowed, leaves raked, etc.)

9. Consider turning off your home’s water main to prevent damage from a burst pipe.

10. Be careful how much you check-in on social media while on vacation. If your privacy settings are incorrect you might reveal to strangers your home is vacant!

Be safe and have a HAPPY AND FUN SUMMER!  When you return, let’s talk about your real estate needs before the kids go back to school.  Kevin and Jennifer Hanley, REALTORS http://www.HanleyHomeTeam.com Keller Williams Realty Atlantic Partners Southside 904-422-7626

Retirement Strategy? Relocate!

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Buying a home, homes for sale in Jacksonville FL, Jacksonville FL Real Estate, real estate, relocation, retire and relocate, retirement strategy, Selling a home

Unlike earlier generations of retirees who paid off their mortgages and retired in their family home, today’s Baby Boomers are looking to capitalize on home equity to enhance their retirement savings. If you’re thinking how relocating might stretch your retirement dollar, below are a few points you should consider before relocating, downsizing, or trading up:

1. Speak with your spouse or partner first, even if you think you’re both of the same mind. Don’t assume that you’re in agreement. When the moment to make the leap comes, feelings may change.

2. Consider the cost-of-living in a different part of the country. There’s a pretty big swing between rural Florida and urban San Francisco, for example. This might also mean factoring fuel costs if you’re moving into an area where you’re likely to spend more time driving.

3. Consider whether your plans are realistic. For example, could you really live in a 1-bedroom condo after spreading out for years in your present 4-bed/3-bath?

4. How much will the ease and pleasure of retirement depend on family and friends? What are the pros/cons of moving nearer/farther away? Conversely: Are there any detriments to moving closer to younger family members? (I.e. are you ready to open a free grandkid-sitting service?)

5. Consider the potential impact of capital gains if you have substantial equity in your home– speak with a tax professional. This is especially true if you’re downshifting from ownership into a rental market.

Relocating to a more affordable area as well as to a smaller home is a strong strategy. But real estate values and property taxes can vary immensely by locale, even within the same state. Research thoroughly. Also, you want to spend significant time in the location to make sure its compatible with your lifestyle, pace, and interests.

If you’re thinking about relocating or know someone who would like to speak to a local agent about relocation plans, please pass along our information. We would be honored to serve your friends and family: Kevin and Jennifer Hanley, REALTORS 904-422-7626 Keller Williams Realty Atlantic Partners Southside http://www.HanleyHomeTeam.com