September 2020 | Buy and Sell Properties Online New York September 2020 | Buy and Sell Properties Online New York

Month: September 2020 Posts

Eco-Friendly Enhancements To Add Value To Your Home’s Worth

To increase a property’s value there are so many enhancement options available in the market. Although, are they sustainable? Will they add value to the house? Asking such questions will help you choose better options while you do renovations. Instead of paying huge bills you can invest in smart appliances and save later. Switching from grid to solar energy. Getting your home LEED certified. Investing in a rainwater harvesting system are some eco-friendly enhancements to add value to your home’s worth. Taking these miniscule steps will encourage you to live a sustainable life.

Consider Smart Windows for Saving Big On Bills

The weather plays a vital role in your monthly bill savings. On hot days you would need an AC whereas, cold days will require heating systems. The question here is how you can take an eco-friendly step. The answer is installing smart windows. Smart windows come with a darker tint and have an opaque facade. The dark cast helps in regulating the energy intake while the opaque facade helps with maintaining privacy. These windows cut your power consumption by 20% as they are good for retaining temperatures.

Invest In Solar Panels for Good Returns

Solar panels may come with upfront costs, but they will aid in saving energy bills. Installing solar panels will assure great ROI. Although the prices are on the higher end it may lessen the rebate reliant on your state/city. It is also essential to make proper calculations before shifting from the grid to solar energy. If you live in warmer areas, changing entirely to solar energy can be a wise option.

LEED Certification Is Essential

A LEED certification works as a verification platform for a house/locality’s green traits. The analysis features consist of the construction material, electrical appliances, etc. The certification is mostly pertinent to new commercial buildings. Although, the certification may be applicable to the residential sectors soon. Also, if you need cash for homes, it is time to get your home certified.

Switch To High Energy Efficient Machines

Switching to high-efficiency appliances comes with profit. While selling the remodeled houses in New York, energy-efficient appliances act as a bonus for potential home buyers. High-efficiency appliances consume less energy, but it is essential to compare the energy performance before installing them. Switching your old HVAC system with energy star rating appliances cuts the energy consumption by 40%. You may also consider installing a solar water heater and saving a few thousand dollars.

Use Green Seal Certified Materials and Recycled Wood For Renovations

If you are thinking about renovation, you can select from green seal-certified materials. The green seal-certified material is non-toxic and eco-friendly. Products like carpets, industrial glue, wood stains, etc. are prepared with VOCs, which are chemical-free. To increase your home’s value you can also switch to using recycled wood for furnishings. Reusing and recycling is the need of the hour, and using reclaimed wood can be the best choice.

Rainwater Harvesting Adds Value to Your Home

Rainwater harvesting is a natural option when it comes to saving water. It indeed comes up with an upfront price, but the profits may prevail over the costs in the future. Mounting a rainwater gathering system can be favorable for you and can save nearly $200 yearly. This way, you are taking small eco-friendly steps towards sustainable living, which adds value to your home.

Bottom Line

Going eco-friendly is not just a step but a routine in itself. Adapting the above-mentioned changes will entice more buyers and help you sell your home fast. While doing these renovations makes your home green or sustainable and increases your home’s worth. Furthermore, you can contact Elite Properties to sell houses for cash on 7189775462. We buy houses for cash and offer you fast closings and an easy home selling process.

While being an owner, it is evident for you to pick a person, which satiates all your requirements as a tenant. If you are looking for a tenant, this blog will provide the process of screening them. It is essential to cover 6 important points to consider while screening potential tenants and avoid problems later. There are many aspects involved while you screen a tenant like a background check, financial check, etc. Keeping a prior check on candidates will elude hassles and help you build a better-longer relationship with your tenant. 

What Is Tenant Screening?

In simple terms, tenant screening is a process to evaluate potential tenants. The purpose of the process is to assess potential tenants and if they can fulfill the rental agreement terms.

Mandatory Points to Consider While Screening Your Tenant

There are a bunch of mandatory points you should consider checking with your tenant before letting them in.

Confirming Income Source

Verifying the income will help you reassure that the tenant can afford the rent. It will also help you know if the tenant has a stable job. There is a mandatory income guideline that you can follow to check eligibility of the tenant. You can employ the three-time rule where if a tenant’s income is three times the rent. If the tenant satisfies the requisites then he/she stands to eligible in specific criteria.

Checking Previous Addresses and Employment References

If the potential candidate was a renter, then you must verify their previous addresses and also talk to the landlords. You would want to know their behavior, if they paid rent timely, etc. Having a conversation with the former landlord/s will help you understand better.

As verifying the income is important, confirming its source is essential too. Checking the potential candidate’s designation, salary, his/her tenure in the company will help you understand the stability of the job.

Detailed Credit History

A detailed credit history of the prospect allows you to assess the applicant’s debts (if any). If you want a background check for a prospect, you must abide by the Fair Credit Reporting Act (FCRA). Landlords must have accreditation from Credit Reporting Agencies (CRAs). This doesn’t only apply to landlords or even companies have to comply with CRA to ensure that the inquirer is genuine.  The intent behind the process is to be assured that the inquirer is genuine and the extracted credit data/reports are in safe hands.

Past Evictions

In addition to the rest, you can also check with the renter’s former landlords and local housing court records to see if the renter has any past evictions. If there were any evictions additionally, check for the reasons of damage if they were caused formerly by the renter.

A Criminal History Check

While screening prospects checking both monetary and criminal backgrounds is essential. We know what aspects require a financial check, but what about criminal background checks? You can check with the state and federal criminal records to ensure if the potential candidate has a criminal history. Always check for sex offender registries and terrorist watchlist as they are a part criminal offense. Check for correct spellings of the renter while enquiring as you wouldn’t want to be the cause of any upcoming problems.

Interview Tenant

Once you have all the documents in place, you can proceed with the next process, which is interviewing the tenant. While interviewing, asking questions like the reason for moving, how many people will be living with you? Do you have any pets? etc. If you find anything dodgy while interviewing, you can interrogate further and be assured there are no stones left unturned.

Questions You Must Avoid Asking –

It is also important to maintain decency while you interrogate the tenant, make sure you in no way hurt their sentiment by asking personal questions. The Federal Fair Housing Laws stand to protect the tenant’s rights. Interrogating prospects based on their gender, race, national origin, sexual orientation, etc. is inappropriate.

Bottom Line

Tenant screening is a tiring process, but it also promises good tenants. It is essential to do a proper background and financial screening, to avoid problems later. Additionally, if you want to Sell Your House Fast For Cash In NY, you can call us on this number 718-977-5462 for more details. Elite Properties is a ‘we buy houses for cash company’, which means we buy house as-is and pay the yields in hard cash.

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