Closing Costs

How much do you know about closing costs? We’re Ariel and Adrian of The Kormendy Trott Team and today were reviewing an oldie but a goodie – E03 Closing Costs! Ok, so let’s talk dollars and cents. There are five primary closing costs associated with buying a home.  For this example, let’s assume you’re buying a $600,000 home, and you’re putting a total of $60,000 down – Now let’s break down the potentially associated costs: Land Transfer Tax –> $8,475 Lawyer Fees –> Approx $800 Disbursement Costs –> Approx $400 (This can include postage for documents, title search and verifying accounts with the utility companies) Title Insurance –> Approx $450 Your closing costs in this scenario are $10,125.  With your down payment of $60,000, that’s a total of $70,125. But, don’t forget that any adjustments will also be added at closing as well. This would cover things such as reimbursing the previous owner for prepaid utilities and property taxes.  If you’re buying a new home from a builder, there could be thousands of dollars added to these figures in additional costs.  If you are thinking of buying a new home and you need more details, feel free to send us a message on Facebook or Instagram. Now if you’re a first-time home buyer, you get some perks! There are many incentives you may qualify for, including a rebate of up to $2,000 against your land transfer tax. Thanks for reading, you can watch and share the full video below!

PLANT A TREE!!

Do you live in a newer home? Feel like you need more privacy? With newer homes, you don’t get much privacy in the Backyard. Our tip for you … PLANT TREES! We’ve found that when most people move into a newer home, they tend to spend their time and efforts improving the inside rather than the outside – When doing the reserve is actually better. By planting some trees, over the course of 4 or 5 years, these trees will mature and give you some great privacy. Flash forward to when it comes time to selling your home; Now you’ve got a private backyard, which might just stand out against your competition. Do you have any questions you would like us to answer? Reach us directly at 1-800-617-0090 or email us at info@kormendytrott.com but don’t forget to subscribe to our YouTube channel!  

August’s Home Maintenance Checklist

This is the August Home Maintenance Checklist – We’re about half-way through the summer, here’s some great tips to take advantage of! LAWN CARE The first thing to take care within the month of August is your lawn. With the excessive heat and dry weather, you may notice your grass turning brown. If this is the case, you should give it a weekly watering and the best time to do that is early in the morning. Don’t be discouraged if your lawn is turning brown, it will bounce back come September when it cools down a bit and we get more rain. Another thing to keep in mind when cutting your grass is to leave it nice and long (anywhere between 3 and a 3.5 inches), because, when you have short grass, excessive sun and heat are NOT a good match for your lawn.  You’ll also find that once you get your lawn to be long and thick, weeds are a thing of the past! GARAGE SALE The next thing you should do this month is have a garage sale. It’s a great time to get rid of all of that excess stuff around the house and make sure that you have room in the fall for all of your lawn equipment and furniture. It’s also a great way to make a few extra bucks! PRESSURE WASHING Rent or get out your power washer to pressure wash your deck and patio stones. Over the course of the year, you may find the buildup of moss. Moss holds moisture and, if left untreated, will cause damage to the surface it’s on. So, get your power washer, clean it out, and give it an opportunity to dry in the nice warm weather. IN-STORE SALES And lastly, because we’re at the halfway point of summer, a lot of stores have some great sales on things like power washers, lawn equipment, furniture, and barbecues. So, keep your eyes open for some great deals and now that you’ve made room from that garage sale, you’ll have somewhere to store them for next summer! Like us on Facebook and Follow us on Instagram for more great tips!