Matt Gamache - Touchstone Realty



Posted by Matt Gamache on 4/14/2021

Your home is your castle, your oasis, your domain. You want your home to be an escape from the stresses of everyday life. For this to be true, there are a few key things that you should have in your home for you to enjoy the ultimate peace that home can bring. If you donít feel that your home is a peaceful place, you definitely need to heed the tips below. 


Have A Peaceful Spot To Relax In 


Every homeowner needs a place that they like to relax in. Your spot in the home should be a regular part of your routine whether itís where you like to drink coffee and read the news, a meditation room, or a home gym. Whatever gives you pleasure and an escape should be a priority in your home and your routine. You donít need a lot of space to accomplish this. Just a small nook in part of a room or a dedicated room in the house will do. Itís easy to create your own little piece of heaven.   


Nice Outdoor Space


Nothing brings peace to the mind and the soul like spending time in nature. For a tranquil escape right in your own home, make use of the outdoors. Do you have a deck or patio area? Can you put a hammock up in the backyard? What about a small bench swing? Any of these simple things can be your backyard oasis. Just be sure to surround these outdoor areas with colorful plants and other relaxing touches like rocks, trees, or even a running water fountain for an added effect.       


A Place To Separate Work And Home Life


If you work outside of the office at all, you probably have a home office space. You need this to be functional for your work, but you also need to remember the importance of separating your work life from your home life. Your home canít be a tranquil place to be if you feel youíre always carrying your work around with you.  


A Place For Inspiration


Most of all, your home should be inspiring. There should be areas of your home where you can sit and think about projects youíre working on, problems youíre facing, or just simply let your thoughts flow. For inspiration, youíll want to include inspiring images, pictures of the people you love, and items that make you plain happy. Your home is one place that helps you to keep the balance in your life. Make sure that you create the relaxing space that you deserve for a happier life!




Tags: Healthy Home  
Categories: Uncategorized  


Posted by Matt Gamache on 4/7/2021


A jumbo mortgage refers to a high-priced loan, usually meant for a luxury property. And while this loan may have once been reserved for the millionaire investors of the world, it may not be as exclusive as you think. If you're interested in what it takes to apply, it helps to understand how they work and who the best candidates are. 

A Moving Target 

To be considered for a jumbo loan, it must be above a certain minimum. However, this amount will differ based on where you purchase your home. The minimum for a jumbo loan in Beverly Hills will be much higher than the minimum in Kansas City due to the discrepancies between median home prices. These values will rise and fall depending on the local economy and average property appraisals, so buyers will need to do a little research into their city's criteria.  

Lender Terms 

Jumbo mortgages are available in a variety of options, similar to a conventional loan. Unsurprisingly, lenders tend to be a little pickier when it comes to who they approve and who they reject. A single application may go through several underwriters to arrive at the final answer. They're looking for exceptionally high credit scores and equally low debt-to-income ratios. 

It's the lender who dictates the exact terms of the loan, though historically, jumbo loans have had higher interest rates. However, it should be noted that this is not a hard-and-fast rule. Interest rates have been known to come down based on the caliber of people who apply. The more qualified applicants, the less overall risk the lender assumes. 

In addition, the jumbo mortgage minimum down payment has been relaxed to just 5% to allow a more level playing field (especially for people in high-priced markets). Despite this though, most lenders are still looking for at least 15% on a jumbo loan. Shopping around can make it easier to find a lender with reasonable terms for a jumbo loan. 

Structuring the Loan 

Adjustable-rate jumbo loans are available, but they are not the ideal choice for homeowners unless they know they'll be selling in the very near future. To avoid paying more interest than necessary, experts recommend a fixed-rate over 15 years.  

There may be a lot of fine print to a jumbo loan, but lenders are largely ensuring that the homeowner has enough in stable assets (e.g., property, savings, etc.) to cover their mortgage even if they fall on hard times. Knowing the terms can make it easier to prepare, apply, and be approved for the home of your dreams. 

 




Tags: Mortgage   Jumbo Loan   loans  
Categories: Uncategorized  


Posted by Matt Gamache on 3/31/2021

Photo by Gerd Altmann via Pixabay

Only Two Toilet Per Building

Many homes have two and a half or more bathrooms. If you want to move to Waldron Island in Washington, you’ll have to give up the idea of having a bathroom for every bedroom or even having that extra half bath. Waldron Island is very small and has a small population. Since the residents want to keep it that way, they have a law that says you can’t have more than two toilets in any building.

Leave the Sasquatch Alone

In Washington state, it is illegal to kill a Sasquatch. The real question is, how many people have actually seen a Sasquatch? Maybe those same people have seen the Loch Ness monster.

Be Careful What You Show Buyers

If you’re selling real estate in Texas, it’s probably better to empty your house before you put it on the market. It’s either that or have a super long purchase contract to list all the exclusions. In Texas, any accessories or improvements that are shown to buyers go with the house. That includes personal photos and artwork on the walls, above-ground pools and even artificial fireplace logs.

No Spite Fences

Many people like fences for privacy, especially in cities. People who live in rural areas often fence in their property to keep wildlife out or to keep animals in. This is all good, as long as those fences are no taller than 6 feet. Anything higher is considered a “spite” fence, at least if you’re in Rhode Island. Yes, that’s ‘spite’ as in, “I’m building a 10-foot-high fence just to spite my neighbor.”

No Burglar Bars

Sometimes, you just have to have burglar bars on the windows. But, Ridgeland, Mississippi says you can’t put them on the outside of the windows. You can put them on the inside of the windows, though.There's uncertainty as to why that law was put into place, but putting the burglar bars on the inside is probably not going to keep someone from breaking your windows.

No More Than Two Female Roommates

In Missouri, you can’t have three female roommates. Even if you decide to live with your three sisters, you won’t be able to do that. Arkansas has a similar law, but theirs says you can’t live with five women. Many years ago, lawmakers were trying to put an end to brothels. The law is very outdated and probably not enforced, but if you and your sisters plan on getting an apartment together or plan on buying a home, you might want to check.




Tags: Real Estate Laws   Laws   Strange  
Categories: Uncategorized  


Posted by Matt Gamache on 3/24/2021

A homebuying plan is a must-have, particularly for those who want to enjoy a successful property buying experience. Lucky for you, there are many things you can do to execute a homebuying plan to perfection.

Now, let's take a look at three tips to help you put your homebuying plan into action and achieve the best-possible results during the property buying journey.

1. Establish Realistic Homebuying Goals

As you craft your homebuying plan, it generally is a good idea to establish milestones. That way, you can take a step-by-step approach to go from homebuyer to homeowner.

Of course, it is paramount to set realistic homebuying goals. Think about why you are pursuing a home in the first place, and you can map out your homebuying plan accordingly.

It may be beneficial to hone your home search as well. If you narrow your house search to a select group of cities and towns, you may be better equipped than ever before to streamline the homebuying journey.

2. Maintain Flexibility

Although you may devote many hours to craft an effective homebuying strategy, it is important to remember that problems may arise as you search for your dream residence. Fortunately, if you maintain flexibility, you will be ready to adjust your homebuying plan as needed.

If you have to modify your homebuying strategy, there is no need to worry. Instead, adjust your plan and continue your pursuit of your ideal residence. Because if you are flexible as you search for your dream home, you can minimize stress and boost the likelihood of discovering a residence that may serve you well for an extended period of time.

3. Collaborate with a Real Estate Agent

When it comes to developing and executing a homebuying plan, you do not have to work alone. In fact, you can hire a real estate agent who is happy to help you find and purchase a terrific residence at an affordable price.

By consulting with a real estate agent, you can receive expert homebuying support. A real estate agent knows what it takes to acquire a first-rate home at a budget-friendly price, and as such, will work with you to ensure your homeownership dream can come true.

If you are unsure about where to search for homes, for example, a real estate agent can help you determine where to pursue residences. He or she also can help you get in touch with banks and credit unions so you can obtain home financing. Plus, a real estate agent is ready to help you submit an offer to purchase your dream residence. And if you have concerns or questions during the homebuying journey, a real estate agent is prepared to respond to them too.

For those who want to seamlessly navigate the homebuying journey, you may want to craft a property buying plan. Thanks to the aforementioned tips, you can get the most out of a homebuying strategy and ensure you can quickly find your dream residence.




Categories: Uncategorized  


Posted by Matt Gamache on 3/17/2021

Ready to embark on a new adventure? List your house, and you may reap the benefits of your decision for years to come.

Ultimately, there are many reasons why you should consider kicking off the home selling journey today, and these include:

1. You could profit from a home sale.

Diligent home sellers generally have no problem showcasing their properties to dozens of prospective buyers and generating significant profits. If you know how to effectively promote your residence to property buyers, you could enjoy substantial profits from your home sale.

Oftentimes, it helps to bolster a house's curb appeal prior to adding a residence to the real estate market. A home only gets one chance to make a positive first impression on buyers. And if your residence boasts a dazzling front lawn, pristine siding and other stunning exterior features, it may be better equipped than other properties to stir up interest from buyers.

You may want to get your house appraised too. This ensures you can get a property valuation from a home appraiser and establish a competitive initial asking price for your residence.

2. You can upgrade or downsize.

Although your present home may have suited you perfectly when you initially bought it, now may be a good time for a change. Fortunately, you can upgrade or downsize as needed if you sell your home.

Think about your current living situation and future plans. Then, you can simultaneously list your residence and search for a new house that matches your criteria. And once you finalize your home sale, you can seamlessly relocate to a new address.

3. You can live closer to family members and friends.

If you enjoy spending time with family members and friends, you may want to find a house that is close to these loved ones. Meanwhile, if you currently are forced to deal with a long commute to visit loved ones, listing your house may help you take the first step to live near family members and friends.

When it comes to finding a house near loved ones, it may be beneficial to hire a real estate agent as well. A real estate agent can help you list your current residence and search for a new home close to family members and friends. That way, you can get the support you need to accomplish your desired goals.

During the home selling process, a real estate agent will showcase your residence to potential buyers and negotiate with a buyer's agent on your behalf. He or she also will respond to any concerns or questions that you may have throughout the house selling journey.

Furthermore, if you need to find a new home once you sell your current residence, a real estate agent is happy to assist you. This housing market professional can keep you up to date about available properties in your preferred cities and towns and help you find your dream residence.

Hire a real estate agent today, and you can receive expert guidance any time you want to sell or buy a house.