Coronavirus in Your Apartment Community: How To Stay Safe

Learn how Apartment Guide is responding to coronavirus and taking steps to help renters and property managers during this challenging time.


There has been a flood of information online about how to keep yourself safe from being exposed to or contracting novel coronavirus disease (COVID-19) as it spreads across the world and the nation.

Preventing coronavirus in your apartment

The U.S. Centers for Disease Control and Prevention has offered a number of reference articles and official statements on how to best protect yourself and your family.

But for apartment dwellers, those with common spaces, mailbox clusters, lobbies, trash chutes and a plethora of door handles, keeping safe and practicing prevention habits is a bit more difficult. From your own personal hygiene to how to manage your apartment to what to expect from your landlord, here are all the tips, suggestions and instructions straight from the CDC just for renters and apartment tenants.

1. Wash your hands often

Wash your hands after you touch another person or a common surface. Wash your hands before and after you touch or prepare food. Wash your hands after using the restroom. Wash your hands after you cough, sneeze or blow your nose. Wash your hands when you get home from being out.

Wash by covering all surfaces of your hands and rubbing them together until they feel dry. When you wash, rub with soap and water for at least 20 seconds. Experts have recommended singing “Happy Birthday” twice. If you’re tired of that, try other songs with 20-second choruses like:

  • “Take on Me” by A-ha
  • “Jolene” by Dolly Parton
  • “Raspberry Beret” by Prince
  • “Truth Hurts” by Lizzo
  • “Stayin’ Alive” by the Bee Gees (like that CPR scene from “The Office”)

If soap and water are not available, disinfect your hands by utilizing a 60 to 95 percent alcohol hand sanitizer and following the listed instructions.

washing handswashing hands

2. Avoid close contact with people who are sick

This seems obvious. But since you never know who is sick, minimize contact in general, as well. Spread out on the bus or subway or in line. Touch elbows instead of shaking hands or fist-bumping, or politely decline to touch at all. Try to avoid touching common surfaces others touch in public places and in your apartment building or common areas as best you can. Don’t share food or drinks.

3. Avoid touching your face

No matter how hard you try, you’re going to touch unsanitary surfaces or people. To prevent infecting yourself, do your best to refrain from touching your eyes, nose or mouth, as these are the main entry points for disease.

4. Cover your mouth

If you must cough or sneeze, cover your mouth with a tissue, then throw the tissue into a trash can that has a closed cover. The same goes for blowing your nose. If you don’t have a tissue, cough or sneeze into your upper sleeve like you’re doing “The Dab,” not into your hands.

5. Wear a face mask

The CDC is now encouraging people to wear face masks when they go into public areas. Since everyone is home right now, you should treat all common spaces in your apartment complex as a public place. If you can’t find a face mask, consider DIYing a no-sew face mask with items you might already have in your apartment.

[embedded content]

6. Clean and disinfect

Keep your apartment neat, clean and organized to maintain a healthy environment. Clean regularly and sanitize often using items like Lysol spray and Clorox wipes on “high touch” surfaces including countertops, tabletops, doorknobs, nightstands, bathroom fixtures, toilets, refrigerator handles, kitchen faucets, light switches, TV remotes, cell phones, computer keyboards and tablets.

7. Stock up but don’t hoard

While unlikely, it’s possible you may wind up quarantined in your apartment, or even just sick and self-quarantining. For that scenario, which shouldn’t last longer than two weeks, you should stock up (but not hoard) a few basic items:

  • Non-perishable items like canned meat, fish, beans, soups, broths and stews, fruits and vegetables, and canned or powdered milk
  • Ready to serve items like peanut butter, jelly, crackers, nuts, trail mix, dried fruits and granola bars
  • Baby food and pet food
  • Bottled water, fruit juices and fluids like Pedialyte or Gatorade
  • Toothpaste, toilet paper, tissues, feminine supplies, diapers, laundry detergent and disinfectant
  • Hand sanitizer that’s minimum 60 percent alcohol, over-the-counter cold and flu medicines and any refills of prescriptions

flu maskflu mask

Coronavirus protection in your apartment building or community

When you live in a public space like an apartment building or complex, protections from coronavirus become more communal. Precautions are no different than the CDC encourages you to take in your own home, but the difference is you don’t have control of everything that happens.

If you’re concerned about your management’s preparation for coronavirus prevention, sit down with your landlord or property manager and find out if they’re following CDC guidelines. Here are some suggestions for protections they can take based on CDC recommendations.

1. Make hand sanitizer available everywhere

You don’t have sinks to wash in all over your lobby or common areas, so your building should provide hand sanitizer everywhere — at the front desk, at the gym, by the mailboxes — and encourage residents, staff and visitors to use it often.

2. Clean a lot

Just like in your apartment, high-traffic surfaces in common areas should be cleaned and sanitized, and it should be repeated multiple times a day. The staff should be instructed to disinfect commonly-touched surfaces in places like the front desk, lobby restroom, mailroom, game rooms, elevators, door handles and delivery areas. All deliveries should be left in the lobby for pickup and not taken to apartments.

3. Close the garbage

All trash cans, both outdoor plastic garbage cans and lobby wastebaskets, ought to have working lids which should be kept closed. No one wants to, or should be forced to, pick up used tissues that have fallen on the ground.

4. Don’t come in if you’re sick

Apartment management should implement flexible sick leave policies and make sure all workers and staff know that their jobs are safe and they won’t be docked pay for staying home if they’re sick. Sick employees will only spread infections to residents. Ask management to ensure all contractors are following the same policies.

5. Be transparent and communicative

All employees, residents and visitors should be encouraged to alert property management if they believe they might have contracted coronavirus, especially if they have used common areas. That way, other residents and staff can be notified and take appropriate precautions.

sick personsick person

If you’re sick or feel like you’re getting sick

Even with all of the precautions, there is still a chance you’ll contract the disease. Follow these steps the moment you begin to feel sick, even if it just feels like a cold.

1. Stay home

Unless it’s to see your doctor or go to the hospital, stay in your apartment and don’t go out. Don’t go to work, school or to public areas. Try to avoid public transportation, taxicabs or rideshares. Not only will you not infect others, the more you stay at home and rest, the faster you’ll recover. Utilize food and personal item delivery if necessary.

2. Separate yourself from others at home

As best you can, stay in a designated sick room and keep away from other people. Eat separately from others. If your apartment has more than one, designate a bathroom just for you. Avoid touching pets, as well. If you must feed or clean up after a pet, wash your hands before and after as detailed above.

3. Don’t share household or personal items

Set aside drinking glasses, plates, silverware, sheets and blankets, towels and toiletries for your use and your use only. Clean them thoroughly with soap and water after every single use.

4. Wear a face mask

While it’s only a recommendation for everyone to wear a mask, people who are already sick (or people caring for those that are) need to wear one around other people (or pets) or if they go to the doctor.

5. Cover your mouth when you cough or sneeze, wash your hands

See above for details.

6. Clean and disinfect even more

Sanitize your apartment as explained above, but do it every day.

7. Call before going to the doctor

Keep an eye on your symptoms and seek medical attention if needed. Give them a heads up before you go to allow them to take precautions to keep others visiting their office from being infected or exposed. If you suspect you only have a cold or flu, consider a virtual doctor’s visit. If you must call 9-1-1, inform them of your symptoms before they arrive, as well.

Additional sources:

Comments

comments

Source: apartmentguide.com

What to Do With the Extra Room in Your House

What would you do if you had an extra room in your house? Get creative because the possibilities are limitless.

  1. Home Gym: Do you love to start your mornings with a good workout, but hate dragging yourself to a crowded gym? If you have some workout machines at home, transform your spare room into a gym. Even if you just buy some weights, a yoga mat, and other inexpensive equipment, you can turn your unused room into something useful.
  2. Playroom: If you’re tired of tripping over your kids’ toys in your nice, fancy living room, turn that extra room into their own space. Paint the walls with chalkboard paint so they can write on the walls, store all of their toys in the room, and allow them to play. They’ll love a space of their own, and you’ll love not having a mess all over the house.
  3. Contemplation Room: Ever just need some time alone with your thoughts? If you find yourself wanting to escape the craziness of the day and not knowing where to go, consider creating a contemplation room. Decorate it in all white with comfortable furniture, throw pillows, and blankets. This creates a serene space where you can go to clear your head, meditate, and relax.
  4. Library: If you’re a bookworm, you’ve probably always dreamed of having your very own library. Now is your chance! Install bookshelves from wall to ceiling, add comfortable, sophisticated couches, and throw in cozy area rugs to make a comfy and inviting space. Just imagine relaxing after a long day in your library with your favorite book, a cup of tea, and candles.
  5. Entertainment Center: If you don’t have a den or finished basement, and only a formal living room, you may want to consider turning the spare room into an entertainment center. Use dark woods and deep colors, reclining chairs and a sectional couch, and top it off with a flat screen television for the perfect movie theater feel. It can be a great place to have a movie marathon on a rainy day!

Having a spare room in the home leaves you with countless opportunities to be unique and create a special room that’s all your own!

Source: century21.com

This Newly Built Hollywood Hills Home is a Modern Architectural Gem

Hollywood has a secret, and it’s located at 6902 Los Tilos Road on the Sunset Strip. Here lies a stunning 2019-built home designed by architect Marc Whipple of Whipple Russell Architects, that’s on the hunt for its very first owner.

The property is being marketed by Steven Rothstein and John Iglar of Douglas Elliman, with an asking price of $14.5 million. 

Conveniently situated on the glamorous Sunset Strip, in the Hollywood Hills West neighborhood of Los Angeles, the house is a modern architectural gem. Its design is a testament to Whipple’s clean-lined modernist approach, though the property still manages to exude warmth and comfort. 

luxury home 6902 los tilos road los angeles
6902 Los Tilos Rd, Los Angeles CA. Image credit: Jonathan Ducrest and Tom Hunter
6902 Los Tilos Rd, Los Angeles CA. Image credit: Jonathan Ducrest and Tom Hunter

SEE ALSO: The Beverly House, where Jackie O & JFK Honeymooned and where Coppola Shot “The Godfather” Is No Easy Sell

luxury home 6902 los tilos road los angeles
6902 Los Tilos Rd, Los Angeles CA. Image credit: Jonathan Ducrest and Tom Hunter
6902 Los Tilos Rd, Los Angeles CA. Image credit: Jonathan Ducrest and Tom Hunter

The property incorporates five bedrooms, six bathrooms, as well as two half-bathrooms. Walking onto the property for the first time, you’re guided through a private gate that reveals a bridge leading to the rooftop parking. Here, you’ll also get to enjoy breathtaking views spreading from the Hollywood sign right to the Pacific Ocean. 

The main entrance stairway or the elevator will lead you downstairs to the first level of the home, where you’ll enter a large, open space equipped with custom LEICHT-designed cabinetry, MIELE appliances, and Italian porcelain floors. This level also opens up to one of three terraces that total 5,000 additional square feet of outdoor living space. 

Moving further down to the middle level, there’s a second living room and three of the five bedrooms, including a luxurious ‘floating glass box’ master suite. All the bedrooms offer easy access to the infinity pool, which provides stunning views of the surroundings and a perfect setting to enjoy summer nights and sunsets in complete privacy. 

luxury home 6902 los tilos road los angeles
6902 Los Tilos Rd, Los Angeles CA. Image credit: Jonathan Ducrest and Tom Hunter
luxury home 6902 los tilos road los angeles
6902 Los Tilos Rd, Los Angeles CA. Image credit: Jonathan Ducrest and Tom Hunter
luxury home 6902 los tilos road los angeles
6902 Los Tilos Rd, Los Angeles CA. Image credit: Jonathan Ducrest and Tom Hunter
luxury home 6902 los tilos road los angeles
6902 Los Tilos Rd, Los Angeles CA. Image credit: Jonathan Ducrest and Tom Hunter

The lower level of the Los Tilos home incorporates a home theater, a wine room, a gym, the remaining two bedrooms, as well as a beautiful garden patio. All three levels offer exquisite views of the Hollywood Hills.

If you’re interested to check out this fabulous home, be sure to reach out to Douglas Elliman and schedule a tour. It’s not too often that you get to be the first owner of a stunning, masterfully designed Hollywood mansion. 

In the meantime, you can take a virtual tour created by Marc Whipple and Whipple Russell Architects:

[embedded content]

More beautiful Los Angeles homes

Spotlight On: the Razor House — Alicia Keys’ Crazy New Mansion
Who Would Have Thought that Jason Statham is a House Flipper? Here’s One of His Latest Projects
Scott Disick’s New Flip, a Stunning Contemporary Farmhouse, Hits the Market for $6.89 Million
You Can Now Buy Post Malone’s Beverly Hills Rental with a Wrap-around Pool that Overlooks the City

Source: fancypantshomes.com

Jeffree Star Takes Fans on Tour of Hidden Hills Mansion

Jeffree Star’s dream home is now almost done, with renovation work close to completion, but the make-up wiz/YouTube star couldn’t wait to share it with the fans. And, seeing that we’re all stuck inside, what better way to kill some time and connect with fans than by inviting them into your home?

“Today I’m showing what’s changed and new in the Jeffree Star Pomeranian Palace!”, Jeffree Star’s latest YouTube post reads.“I haven’t left the house in over a week and I thought it was a good time to also sit down and give you all a life update, ALL things personal.” And personal it was, as Jeffree Star walks us through the entire mansion (even the rooms that aren’t yet finished) in an extensive video posted on his channel.

[embedded content]

Jeffree Star’s house tour

Late last year, Jefree paid $14.6 million for a bonafide mega-compound in Hidden Hills, the guard-gated community that lies immediately adjacent to their home of Calabasas, Dirt reports.

In fact, Jeffree Star’s house is one of the largest and most opulent in the area — which says quite a lot, as celebrities like Kris Jenner, The Weeknd, or Will Smith all call Hidden Hills home.

Jeffree Star's mansion in Hidden Hills
Jeffree Star’s mansion in Hidden Hills. Image credit: Redfin

With over 25,000 square feet, the massive residence sits on 2.3 acres, and was previously owned by Stacey Feinberg, daughter of late sports agent Bob Woolf and her husband, Jeff Feinberg, a wealthy financier and hedge fund manager. After the two separated, they both left the home and listed it for sale; but before Jeffree came in to snap the property off the market, the massive estate sat vacant for years.

Designed in the French Normandy architectural style, the Hidden Hills mansion was built in 2007. It’s not the only structure on the estate though, with two attached guest houses and a 5,400-square-foot barn are also included.

jeffree star house tour
Jeffree Star standing in front of his new house in a video released earlier this year.

All in all, Jeffree Star’s house comes with eight bedrooms, 13 bathrooms, a kitchen with more than $100,000 worth of custom cabinets, a two-story gym, a sauna, a movie theater, and a huge outdoor kitchen. Oh, and a spa that’s seen an iconic transformation — also covered extensively in one of Jeffree’s videos:

[embedded content]

Star calls the house Pomeranian Palace

Soon after purchasing the home, the YouTube star took his fans on a tour, proudly sharing every inch of his new manse; he did however mentioned plans to renovate the property to better suit his style.

And while fans were quick to think Jeffree Star’s new house will replicate the pink wonderland of his previous crib, the YouTuber shared that he has different plans for the 25,000-square-foot home. “We’re not going to do a Barbie house, and I think a lot of people may be shocked by that,” Star said. “But I just want to — I don’t know. I’m just feeling a whole different vibe of, like, opulence and, like, black velvet and gold and white and, like, woodsy.”

Skip to four months later, and you’ll see exactly that: a spacious, opulent home, adorned with gold (shout-out to the luxurious gold Versace wallpaper) and velvet drapes — though admittedly, he opted for a rich brown velvet instead of black.

the gold versace wallpaper

Jeffree has even found the perfect name for his new crib: Pomeranian Palace, as a tribute to his beloved four-legged friends. And it only makes sense, as the home’s most striking feature was designed with the doggies in mind: Jeffree’s sprawling bed is bigger than the size of a regular room — and that’s because the YouTube star needed a bed large enough to fit all his dogs. Awww.

With the home renovation now almost complete, all that’s left for Jeffree Star to feel right at home is to get along with the neighbors. Because let’s not forget, Hidden Hills is also home to Star’s arch-nemesis, billionaire beauty guru Kylie Jenner, so that’s bound to get interesting.

More celebrity homes

Dakota Johnson Gives AD a Tour of Her Hollywood Home, which She Calls ‘Her Anchor’
Queen Frontman Adam Lambert Re-Lists Hollywood Hills Home for $3.35 Million
Everything We Know about Trevor Noah’s Apartment — the New Set of the Daily Show
Mindy Kaling is Moving Into Frank Sinatra’s Beach House in Malibu, Known as Ol’ Blue Eyes’ “Happiest Place on Earth”

Source: fancypantshomes.com

Home Prices vs. COVID-19: Will They Go Up or Down?

Posted on May 7th, 2020

It’s time to take a look at how COVID-19 could impact home prices given the massive disruption to the local, state, national, and global economy.

On the one hand, inflation is expected due to all the government spending, which could lead to a price increase since real estate often acts as an inflation hedge.

Conversely, if tons of borrowers lose their homes due to unemployment, we could see properties flood the market. And when combined with fewer eligible buyers, it could lead to a supply glut.

Consider the Lack of Housing Supply and Mortgage Quality

  • The housing market has three great things working in its favor right now
  • Housing supply is low enough even if buyer demand wavers during this uncertain time
  • The quality of today’s mortgages is excellent any many homeowners have lots of equity
  • Mortgage rates are at record lows, which further increases home buyer appetite

First, let’s compare today’s housing market to the one in 2006. They really couldn’t be any different, both from an inventory standpoint and from a mortgage perspective.

Simply put, back then there were way too many homes being built, and not enough demand to meet that supply.

At the same time, banks and lenders were doling out home loans to anyone with a pulse, knowing they could quickly bundle the underlying mortgages and sell them to Wall Street shortly after origination.

Taken together, it was a recipe for disaster. Homeowners had massive mortgages they couldn’t truly afford that were often set to adjust higher just months after they took them out.

They also had no skin in the game, aka home equity, so there wasn’t much incentive to stick around and try in vain to keep a sinking ship afloat.

Today, Americans are sitting on the most home equity in history, and very little of it is being tapped thanks to tighter underwriting guidelines that have only become more restrictive since COVID-19 reared its ugly head.

Meanwhile, there’s an inventory shortage that has likely only worsened as fewer existing homeowners list their properties, and mortgage rates are at record lows.

In short, homeowners today have tons of equity and historically cheap mortgages, and home buyers have fewer properties to choose from and ridiculously low mortgage rates at their disposal.

The Great Unknown Ahead

  • Ultimately nobody knows what the future holds or how we recover post-coronavirus
  • 1 in 5 Americans have already filed for first-time unemployment benefits since mid-March
  • That will likely worsen over time and lead to increased mortgage forbearance requests
  • The big question – is this income hit temporary for most homeowners or permanent?

Now it’s wonderful that today’s mortgages are mostly pristine, and that homeowners have tons of equity to serve as a cushion if forced to sell.

But we’re living in a very fluid and strange environment at the moment that could change in no time at all.

For example, one in five Americans have filed for unemployment since mid-March, and that’s likely only going to get worse.

So even if many of these homeowners had super affordable mortgages, a lack of income and the inability to tap their equity could put them at risk quickly.

To counter that we’ve got the mortgage forbearance offered via the CARES Act, which is great for struggling homeowners but only lasts for 12 months.

What happens after that? At best, if they simply have to resume making normal payments, there’s a decent chance not everyone will be re-employed and able to do so.

The world has changed and may not go back to “normal,” and thus not everyone will have the realistic ability to return to making monthly mortgage payments.

Even if they’re offered a loan modification to lower their payment, it still might not be enough if they can’t find work.

The same goes for investment properties such as those offered by Airbnb and other short-term vacation companies, or kiddie condos owned by parents in college towns, which might remain vacant.

If this is the case, we could see a flood of new properties hit the market similar to what we saw back in 2008, 2009, etc.

That’s where these two very different housing markets could begin to intersect. The good news is we didn’t have a supply glut before COVID-19 came around.

Back in 2006, we had a massive oversupply that was further exacerbated by a financial bubble, so it was a one-two punch.

Additionally, one could argue that both homeowners and lenders were to blame for what happened back then.

Sure, lenders offered high-risk products, but borrowers happily pulled out billions in cash out along the way to spend on who knows what.

Today, you can’t really blame a homeowner who is unable to make their mortgage payment due to the coronavirus epidemic.

And it’d look really bad to foreclose on this type of homeowner, which could limit the damage and keep inventory tight.

But here’s the thing – no one can sit here today and say they know what’s going to happen with COVID-19. And data models can’t forecast properly in this environment.

So really anything right now is a guess.

What Are We Seeing So Far in the Housing Market?

homebuyer demand

  • Home sellers mostly haven’t budged on listing prices
  • Prospective sellers are ready to go once stay-at-home orders are lifted
  • Amenities like big yards and home offices are becoming more important to buyers
  • Home buying demand is recovering and listing prices are up from a year ago

Everyone seems to want to call this event temporary – a moment in time that will magically fix itself once the economy opens up.

I don’t subscribe to that, as much as I wish it were true. You can’t simply erase what’s happened the past several months, nor what lies ahead in the aftermath.

Speaking of, are we even “after” yet, or is this still in the early innings. While that too can be debated all day long, again no one really knows.

But we can look at early impact to get some sort of a clue.

The MBA reported that seasonally adjusted home purchase applications increased 6% from a week earlier, with even bigger gains seen in California and New York.

The ever-cheerful National Association of Realtors reported that home sellers have not lowered their listing prices as a result of COVID-19.

In the latest week, 73% of Realtors said their clients did not reduce listing prices to attract home buyers.

That’s been pretty steady for the past few weeks since NAR began reporting on it.

Additionally, they said today that 77% of prospective sellers “are preparing to sell their homes following the end of stay-at-home orders.”

In other words, once this blows over it’s going to be real estate business as usual, sans discount!

Interestingly, buyer needs might have changed – they now want a big backyard to play in and grow their own food, along with a home office and possibly a home gym too.

The less is more thing may no longer be a hot trend, nor is urban living possibly as popular. The Burbs are back!

Over at Redfin, it’s also good news with nearly 53,000 homes hitting the market during the week ending April 24th, compared to just over 48,000 for the week ended April 13th.

Additionally, pending home sales have increased from less than 31,000 to more than 32,500 during those same periods.

Despite the rise in new listings, there were less than 700,000 homes for sale in Redfin markets nationwide, the lowest amount the real estate brokerage has seen during the past five years.

That might explain why the median listing price was $308,000 for the week ending April 24th, up 1% compared to the same period last year.

Home buyer demand has also begun to climb back after taking a hit in March, a sign potential buyers are unfazed and ready to move forward.

A Home Price Projection from Zillow

Zillow scenarios

  • Company sees home prices falling just 2-3% by the end of 2020
  • With a recovery in home prices throughout 2021
  • Their pessimistic model sees a 3-4% decline in prices and no recovery in 2021
  • Home sales are expected to fall 50-60% in all their models before rebounding at varying speeds

Now let’s take a look at a projection from Zillow, the creator of the Zestimate that should know a thing or two about home prices.

They have forecast a mere 2-3% drop in home prices through the end of 2020, which will be followed by a recovery in prices throughout 2021.

That means a small drop this year that is recovered next year could mean no material change for home prices due to COVID-19.

So they appear to be on the “this is temporary” wagon. Prior to the coronavirus outbreak, home prices were expected to rise 3.3% on average in 2020, and 2.7% in 2021, per the Zillow Home Price Expectations Survey, which includes a panel of more than 100 economists and experts.

But again, their “proprietary macroeconomic and housing data” might not be well-equipped to take into account a pandemic.

They have three different scenarios for home prices, including an optimistic, medium, and pessimistic outlook.

At best, they drop only 1-2% this year, at worse they fall 3-4% and “remain depressed through 2021.”

In all cases, home sales are expected to take a big hit of 50-60%, though when they recover varies.

That might hurt real estate agents and mortgage lenders if mortgage refinance volume begins to waver.

The good news, despite all the horrible news, is that homeowners are a lot better off today than they were in 2006, which means more of them should be able to get through this crisis without losing their home.

And that should bode well for home prices.

Source: thetruthaboutmortgage.com

Eagles Exodus Continues: QB Carson Wentz Selling NJ Home

Following a trade to the Indianapolis Colts, former Philadelphia Eagles quarterback Carson Wentz is letting go of his New Jersey nest.

The Woodstown, NJ, spread on 11 acres is now available for $1.7 million.

Wentz’s exit follows on the heels of Doug Pederson‘s departure. The fired head coach recently placed his Moorestown, NJ, home on the market for $2.7 million.

The quarterback purchased his place for $950,000, shortly after being picked second overall in the 2016 NFL Draft. He’s clearly hoping to net profit on his investment for his stint in South Jersey. The property is marketed as “totally remodeled”—which is probably what justifies the sharp uptick in price.

The listing notes there’s a 23-acre farm adjacent to the property that’s also up for grabs, if a buyer wants to shell out an additional $299,000. The available acreage explains the vast amounts of land surrounding the home, with nary a neighbor in sight.

Wentz’s modern mountain-style abode features beamed ceilings, walls of glass, wide-plank flooring, and sliding barn doors.

With 7,408 square feet of living space, the layout includes five bedrooms and 4.5 bathrooms.

The open, airy living and dining space features a large entryway, as well as a staircase with custom banisters. It leads to the living area with built-ins, and a large kitchen, with stainless-steel appliances, a copper farmhouse sink, and a big granite island with seating.

A dining area adjoins the kitchen and features a stylish overhead light fixture. A large family room includes a floor-to-ceiling stone-surround fireplace, with access outside.

The owner’s suite opens to a deck, and comes with an attached, spalike bathroom, with a separate rain shower-head and soaking tub. Four more bedrooms offer private bathrooms and closet space.

The layout also includes an office, with built-in shelves and a fireplace.

On the lower level, the space has been tricked out with a custom bar, a lounge area with TV, and billiards area. Also on this level is a gym and a deluxe home theater that seats 10.

An additional garage space has been converted into another fitness area, with an indoor pool, a game room loft, work center, and a bonus hunting room with walk-in safe. If hunting isn’t your passion, this area could be turned back into garage space. In addition, there’s a three-car garage.

The lower level walks out to a terrace, outdoor kitchen, heated pool, and views of the pond.

The energy-efficient space includes geothermal heating, zoned AC, and a southern exposure, which all add up to low utility costs, according to the listing.

For those who commute to the city, the location is 30 minutes to Philadelphia sports centers.

Wentz, 28, had an up-and-down, five-season run in Philly. He was injured late in the season in 2017, which led to the backup Nick Foles taking the reins, and leading the team to an improbable Super Bowl victory over the New England Patriots.

After a disastrous 2020 season, Wentz seems to be hoping to revive his career with the Colts.

Val Nunnenkamp with Keller Williams Realty-Marlton holds the listing.

Source: realtor.com

What is a Clubhouse?

You’re paying for the amenities, so you might as well take advantage of them.

A clubhouse is most commonly known as a central building used for club activities. Depending on the type of apartment complex or neighborhood that you live in, the amenities offered by the association may be different.

For example, one of the most common amenities that a complex’s clubhouse offers is a gym. A gym is a great amenity to take advantage of, especially if it’s going to save you time and money by freeing you from a monthly gym membership payment.

[embedded content]

Other clubhouse activities

Other common amenities offered by an association’s clubhouse include locker rooms, conference rooms and event spaces. Some clubhouses even have game rooms and babysitting centers.

Nearby your association’s clubhouse is often the association’s pool and possibly tennis court and basketball courts, among other things.

Pros of a clubhouse

  • An easy way to gather with other community members
  • Great way to enjoy playing different sports or throwing parties for events
  • A central hub to socialize
  • Included in your rent

Cons of a clubhouse

  • You may not want to participate in any of the clubhouse activities
  • A portion of your rent is used to pay for upkeep
  • Not all apartments offer the same clubhouse features

The overall consensus

Use your clubhouse if you have one! It’s a great way to gather with friends and family, and it’s all yours to use.

Hang out by the pool, grill some food, or take advantage of the gym. If you have a clubhouse, you might as well take advantage of it.

Additional resources

Comments

comments

How To Save For A House

September 2, 2018 Posted By: growth-rapidly Tag: Buying a house

How to save for a house! For many people, saving to buy a house can be hard. This is because they don’t know how to save money or they’re not willing to limit their spending. This article will provide you with tips for saving for a house.



Determine how much money you need.

Before you decide to save for a house, you need to determine first how much money you’ll need to get started.

Typically, you need to come up with 20 percent of the property’s purchase price as a down payment and borrow the 80 percent from lenders.

In some cases, especially if you’re a first time home buyer, you can come up with way less money down as low as 3.5% thanks through FHA loans, but your interest rate might be higher. And you might be required to pay private mortgage insurance.

If you are interested in comparing the best mortgage rates through LendingTree click here. It’s completely free.

Related:

In addition to the down payment, closing costs and fees are also factors to consider in determining how much money you need to save for a house.

For example, let’s say you’re looking to buy a house for $250,000. You will need to come up with 20 percent of that price, i.e. $50,000, as the down payment. And 5 percent for closing costs, i.e., $12,500.

So in order to buy a house for $250,000, you will need to come up with $62,000.

To learn how much house you can afford, use LendingTree for the best mortgage loan rates and quotes for free. Here are some tips on how to save for a house:

Click here to compare mortgage rates through LendingTree. It’s completely FREE.

1. Increase your income.

If your monthly paycheck is not enough to save money because of monthly bills, debts, and personal expenses, then the best way to save for $62,000 is to boost your income. There are several ways to boost your income.

One is to work more by working over time at work. Another way is to have a side hustle to make extra cash on the side. A third way to boost your income is to take a part-time job.

Tip: If you want to make extra cash, I suggest that you take surveys online. I recommend, Pinecone Research (earn minimum $3 per survey), Swagbucks ($5 sign up bonus + get paid to take surveys), InboxDollars ($5 sign up bonus + get paid to take surveys), Ebates (earn up to $40 cash back), YouGov US Males ($2 bonus + $8 – $10 per hour), MySurvey ($2 sign up bonus + 5 per survey). See this blog post for a complete list. 

2. Reduce your spending.

One of the best ways to save money fast for a house is to reduce your spending. You can substantially increase your savings by living below your means.

To do so, figure out how much you spend a month on food, clothing, grooming, transportation and entertainment. See where you can cut back a little. See if there is a much cheaper alternative. Can you eat out less? Can you take public transportation rather driving your car?

Are there things that you pay for on a monthly basis that you can cut? For example, cable TV, magazine subscriptions, a gym membership that you barely use. Indeed, there are several ways to reduce your spending.

3. Pay off your debt. 

Paying off debt, such as credit card debts, is another way to save for a house. Credit card debts are high interest debts. Once you get rid of these debts, you will have more money left to save. Also, paying down your credit card debts helps your credit score.

In conclusion, if you’re in the market to buy a house, you need to come up with the down payment including the closing fee. This can be a big chunk of money that you may not have. So it’s important to follow the above tips to save money for your dream home.

Get pre-approved for with a mortgage lender to figure out how much house you can afford.

Related:

Working With The Right Financial Advisor.

You can talk to a financial advisor who can review your finances and help you reach your goals (whether it is paying off debt, investing, buying a house, planning for retirement, saving, etc). Find one who meets your needs with SmartAsset’s free financial advisor matching service. You answer a few questions and they match you with up to three financial advisors in your area. So, if you want help developing a plan to reach your financial goals, get started now.

Source: growthrapidly.com

What is a Fitness Center?

An easy way to work on that New Year’s resolution.

A fitness center is an exercise facility that may feature several different amenities, including weights, workout machines like treadmills or stationary bikes, yoga or pilates equipment and other specialized machines.

Fitness centers that are offered as part of an apartment or condominium’s amenities can vary in size and features. For smaller apartment complexes, the center may only offer a few machines and sets of dumbbells or just a space to workout.

Larger apartments or condominiums might offer larger, more comprehensive centers outfitted with advanced machines, locker rooms and other features like saunas or steam rooms. While some fitness centers may be open only during certain hours of the day, many are open 24-hours to accommodate people with all kinds of schedules.

Benefits of in-apartment fitness centers

apartment fitness centerapartment fitness center

Fitness centers are an attractive amenity to many apartment- or condominium-dwelling tenants. Because the cost of having and maintaining a fitness center is usually included in rent prices or home owners’ association fees, they can reduce the need for costly gym memberships. They also help save time spent traveling to and from gyms or workout classes for people who workout regularly.

Some condominiums or apartments even offer free fitness classes like yoga, pilates or high intensity interval training (HIIT). These can be great options for people who find working out with weights monotonous.

Pros of having a fitness center

  • Reduces the need for costly gym memberships
  • Saves gym-goers time traveling to other gyms or workout classes

Cons of having a fitness center

  • Renters or condo owners don’t have the option to opt-out if they don’t use the facility
  • Center may not be comprehensive to include everyone’s equipment preferences

Is having a fitness center right for you?

If you workout often and spend a lot of money on gym memberships or fitness classes, looking to live in a complex with a fitness center will likely be very convenient for you. If you rarely work out or have very specific workout preferences, it might not be worth it to seek out a complex where the fitness center that you don’t use is funded by required fees.

Additional resources

Comments

comments