William Manchenton - Coldwell Banker Residential Brokerage



Posted by William Manchenton on 7/16/2019

Changing your air filters in your home can be a chore that is quickly forgotten and overlooked, but it is crucial to the overall health of your home. To keep your home air system functioning at its best, be sure to have your HVAC system checked, maintained, and changed regularly.

  1. Prevent Damage. By keeping your system up to date on routine maintenance, you can prevent extensive and unwanted damage from happening. By allowing your HVAC filter to get clogged, you risk your system straining to get clean air through. With less clean air able to get into your home, your system will go into overdrive by running longer and working harder. Neglecting routine maintenance will ultimately cause your HVAC to fail.
  2. Clean Air. When you have a clogged filter in your air conditioning, you are getting less clean air throughout your home. This is beneficial for everyone in your house, but especially for the elderly and children. Having healthy air in your home is also essential for family members who struggle with allergies or asthma. Keep dust, pollen, and other small particles out of your lungs and breathe clean air by changing your filter regularly.
  3. Save Money. Aside from preventing expensive damage to your HVAC system, replacing a dirty filter can also save you a significant amount in operating costs. A dirty air filter will cause your air conditioner to run much longer than it would need to with a clean filter. This will ultimately result in a higher electricity bill. By making a habit of changing your filters regularly, you can obtain a savings of around 15% off of your energy bill. 
  4. Protect the Environment. Failing to replace your dirty filters routinely is ultimately failing the environment. While your system is running more often to replenish your air, it is also producing large amounts of carbon monoxide and other greenhouse gases into the air. By running your home in an eco-friendly manner, you can benefit the environment while never skipping out on the comforts of your home. Changing a filter once a month is a small step with a significant impact.

Neglecting your HVAC system's maintenance is sure to result in the failure of its capabilities. Changing your air filter once every month will result in cleaner air, saved money, and a healthier environment. Don't miss out on these benefits by turning your back on this painless chore. If you're concerned about your home's air system, contact a local HVAC technician to evaluate the function of your system.





Posted by William Manchenton on 7/9/2019

The biggest area of your life that you need to understand before you buy a house is your own finances. Before you know what kind of house you can buy, you’ll need to understand your own buying power. While things like square footage, how many bedrooms you need, and finding the right neighborhood are important, you can’t go very far without some type of financing. While understanding how much you can spend on a property is one of the more serious parts of buying a home, it’s something that you’ll want to do. Knowing what you can spend on a home is a step to helping you land a home you love. If you understand your own numbers, you’ll know the chances that you have of an offer being accepted on a place you love.  


The Elements Of Your Buying Power


Your Credit Score


This little three digit number has a lot of meaning behind it. This is the most basic piece of information that lenders use to determine your loan worthiness. The factors that influence your credit score include:


  • Payment history
  • How much you owe
  • Length of your credit history
  • Mix of credit accounts
  • How much new credit you have opened


A low credit score is somewhere under 620. Having a score this low doesn't necessarily mean that you’ll be denied for a loan, but the type and amount of the loan you’re offered can be impacted. You’ll also face higher interest rates because of a low credit score. This means your mortgage could be considerably more expensive than if you had a higher credit score. 


Down Payment


The 20 percent down as a rule of thumb actually offers many benefits to your buying power. This means that you’ll need 20% down of the purchase price of the home in cash. If you put this amount of money (or even more) down on a home, it eliminates the need for you to have to buy PMI (Private Mortgage Insurance). You’ll even be able to negotiate a lower interest rate. A large down payment may be especially helpful in competitive markets where there is a lot of buyer competition.


How Your Financial Picture Appears


Your assets and your debt-to-income ratio are also important factors in your financial picture that you present to the lender. Basically, all of these numbers let both the lender and the seller see how committed you are to buying a home. It is one of the biggest financial undertakings of your entire life. If you can’t show financial responsibility, then it may be a bit difficult for lenders to see that you’ll actually pay your loan back in a timely manner.


The better all of your financial numbers are, the more buying power that you’ll have. If your numbers are good, you’ll be able to afford more house. While it may not be the most exciting thing to look over all of your financial numbers, it’s a vital step in the process of your journey to home ownership.




Tags: Buying a home   finances  
Categories: Uncategorized  


Posted by William Manchenton on 7/2/2019

If you live in an older home that needs a face-lift, you might be tempted just to paint it white or one of the many neutral colors you see around you. But sometimes neutrals just fade into the background. So, if you want your home to stand out, consider being bold and expressive with your exterior.

As you drive through older neighborhoods, make a note of the colors you love and the combinations that stand out to you. Depending on the exterior materials—stucco, brick, block, rock, vinyl, wood siding, shakes, etc. - and the architectural details you want to highlight, you can locate samples that “speak to you” and express your home’s personality.

Beware the covenants

If you live in an association operated development, check your covenants before hiring that paint crew. Some associations require submission of color choices and alternatives to an architectural or aesthetic committee for approval. Others have pre-selected color schemes from which to choose. In those cases, your options are more limited than if you can freely decide for yourself. So, select a combination that differs from your nearest neighbors and from other houses with your same facade. Opt for colorful shutters and doors instead to give your home some extra visibility.

Be brave, not obnoxious

On the other hand, if you have available any choice in the world, choose combinations that reflect the region, enhance the neighborhood, and reveal your home’s unique features. In many cases, subtlety adds more value to your home than a glaring hue. But if you’re showcasing a Mid-Century or ultra-modern home, go ahead and shout it out!

If you’re not sure what works for you, take a trip to your local specialty paint store. There, an in-house designer can show you combinations of color and materials, finishes and sheen. You’ll learn what colors can fade in bright sunshine or dull with the weather, and which paints will hold up to your local environmental conditions.

Also, take note of the preparation required to give your new exterior a long, full life. You may need to clean and power wash brick, repair cracked or broken stucco, and scrape peeling paint from wood siding and window trim.

While fiber-cement-based siding often accepts paint, vinyl likely does not, or it only accepts specific paint applications with an adhesive primer and quality, acrylic paint. Do not attempt to paint vinyl siding yourself without practicing the techniques on a hidden area first. If your home has vinyl siding, you may want to change the siding to change the color instead. Check the pricing both ways to see which is more economical for your home.

If you’re painting your home to sell it, get the opinion of your real estate professional for colors that attract buyers in your area.





Posted by William Manchenton on 6/25/2019

If you have plans to buy a house as quickly as possible, it is important to maintain flexibility. That way, you can adjust your homebuying timeline at a moment's notice.

Ultimately, there are many instances where you may need to modify your homebuying timeline, and these include:

1. You are struggling to identify your dream home.

It generally is beneficial to enter the housing market with homebuying criteria. These criteria can help you hone your house search and may be modified as you attend home showings and open house events.

Also, think about where you want to purchase a house. If you would prefer to own a home in a big city, you can tailor your house search accordingly. Or, if you want to live in a small town, you can focus exclusively on residences in areas that match or exceed your expectations.

Even with homebuying criteria in hand, however, changes to your homebuying timeline may be required. But if you remain patient and persistent throughout the homebuying journey, you can eventually discover your dream house.

2. Home sellers are rejecting your offers to purchase.

Once you find your dream residence, you may submit an offer to purchase it. Yet if your offer fails to hit the mark with a home seller, you are unlikely to receive an instant "Yes."

If you find that your offers to purchase houses are rejected time and time again, you may need to adjust your homebuying timeline. Furthermore, you may want to rethink your homebuying strategy.

To submit a competitive homebuying proposal, you should consider a house's condition and age, as well as the current state of the real estate market. This information can help you craft an offer to purchase that accounts for a variety of factors and likely will meet the needs of both you and a home seller.

If a home seller rejects your offer to purchase a house, there is no need to worry. Remember, the real estate market offers many opportunities, and homebuyers who are diligent can continue to search for the right house at the right price.

3. You have yet to find the right real estate agent.

A real estate agent may hold the key to a successful homebuying journey. He or she can help you set realistic homebuying expectations and ensure you can achieve the optimal results.

If you need to adjust your homebuying timeline, a real estate agent can help you do just that. Plus, a real estate agent will keep you up to date about new houses that become available in your preferred cities and towns and set up home showings. And if you decide to submit an offer to purchase a home, a real estate agent will help you put together an aggressive homebuying proposal.

Ready to streamline your home search? Reach out to a local real estate agent today, and you can get the help you need to pursue your ideal residence.




Categories: Uncategorized  


Posted by William Manchenton on 6/18/2019

If you receive an offer to purchase your house, determining how to proceed with this proposal sometimes can be difficult. Ultimately, a home seller needs to weigh the pros and cons of accepting an offer to purchase. And if the pros outweigh the cons, it probably is a good idea to accept the homebuying proposal.

When it comes to reviewing an offer to purchase, there are many reasons why a seller should accept this proposal, and these include:

1. An offer to purchase matches or exceeds a home seller's expectations.

If a home seller receives an offer to purchase at or above the initial asking price for his or her house, accepting the proposal likely is a no-brainer. In fact, a seller may want to provide an instant "Yes" to this offer so he or she can quickly move on to the next step of the property selling journey.

Of course, it helps to establish realistic home selling expectations before listing a residence. If a seller sets a competitive initial asking price that corresponds to his or her home selling expectations, then this individual may be better equipped than others to enjoy a seamless property selling experience.

2. An offer to purchase falls in line with the current housing market's conditions.

If you're selling a home in a buyer's market, you may pounce at the opportunity to accept any offer to purchase that comes your way. Comparatively, if you list your house in a seller's market, you may need to consider all of your options closely before you accept an offer to purchase.

As a home seller, you should evaluate the current state of the real estate market. If you allocate time and resources to learn about the housing market, you can gain real estate market insights to help you determine whether to accept an offer to purchase.

3. An offer to purchase enables a home seller to speed up the property selling process.

If you're operating on a tight home selling timeline, you may be more inclined than ever before to accept an offer to purchase, even if it falls below your initial expectations. Conversely, if you plan ahead for the home selling journey, you may reduce the risk of facing a time crunch to sell your house.

For home sellers, hiring a real estate agent is key. This housing market professional can help a seller prepare for the real estate market and ensure that a seller sets a competitive price for his or her house. Plus, a real estate agent will set up home showings and open house events to showcase a residence to prospective buyers. And if a seller receives an offer to purchase, a real estate agent can provide a recommendation about the best way to respond to this homebuying proposal.

Ready to add your house to the real estate market? Collaborate with a real estate agent, and you can boost the likelihood of getting an offer to purchase your home that allows you to maximize the value of your property.