Gregory Murphy - WEICHERT, REALTORS® - Briarwood Real Estate



Posted by Gregory Murphy on 9/12/2019

Plastic bags serve various purposes within and outside the home and made from polyethylene. It’s no news most items made from plastic end up in the sea - polluting marine life, causing death to the animals in the sea and polluting the ecosystem. 

Scientist says that before the year 2020, we should take caution to reduce the rate at which plastic items like straws, bags, and cups end up at sea to avoid animals in the sea perishing from suffocation and chemical ingestion. 

Going green and taking control of your environment is a great way to preserve the ecosystem. Certain types of plastics are not reusable without the risk of a health hazard. Recyclable plastics should be reused even after the first use. The plastic bag is a recyclable item, consider reusing a used plastic bag for the following function.

For Lining Garbage Bins

A great way to recycle a plastic bag at home is to use them to line your trash can. Because of its ability to hold water, it’s perfect for this purpose. Cut the plastic bag open and arrange it at the bottom of your bin to keep trash and moist from leaking into your container. It can also serve as garbage bins around your home or in your car. 

Grocery Bags

Plastic bags are reusable as grocery bags so long they are still firm and hole free. Keep them in your car or take one from home when you go grocery shopping–as it saves you money if you have to buy another and also reduce littering your home with too much plastic bags. 

For Wraps

Plastic bags come in handy as wraps for delicate items. For packing or wrapping up of fragile items like heirlooms or glass figurines. Before storing away, consider using the plastic bag as it offers protection. The plastic bag is also an excellent choice for packing valuables when you are moving as it provides extra padding. 

Filling Up Your Pillowcase

Your plastic bag can replace your pillow stuffing. In place of pillow stuffing, ball up plastic bags and fill your pillowcase with it. It’s also a great choice in making your dog bed.

For Surface Protection

Using plastic bags to cover surfaces to avoid them getting dirty is a great way to keep the home neat and keep stains from permanently defacing a surface. Plastic bags would protect your countertop during craftwork and your kitchen counter while cooking. 

You can use any of these tips to reduce the amount of plastic bags you throw out into the trash.




Tags: recycle   kitchen   family health  
Categories: Uncategorized  


Posted by Gregory Murphy on 9/11/2019

Prime Commercial Space For Lease; Building Has Many Updates & Plenty of Parking For Whatever Your Desired Use! Open Floor Plan Allows For Entire Use Of The Property Or Subdivide It Into 2 Units (Front & Back); Can Be Mixed Use (Commercial & Residential Use)/Ample Parking For Both, 22+ Spaces! 2 Heating Systems, Newer Septic System; Handicap Accessible; Loading Dock For Easy Access & Deliveries; 2 - Separate 1/2 Baths; 2 Carpeted Offices; Kitchenette in Rear of Building; Full Storage In The Full Basement, Newer Vinyl Windows; Ideal Location Takes Only Minutes to RT 24, RT 123 & RT 138; Most Recently A Private Preschool, This Property Has Been A Music Instruction Studio, Ceramic Studio, General Store/Post Office & Component Assembly Company; It Would Be A Great Attorney/Real Estate Office, Mortgage Company, Printing/Architect Business, Retail or Office Space; Call Listing Agent For Additional Information!

More Info on this Property | New Listing Alerts




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Posted by Gregory Murphy on 9/5/2019

You’ve been paying off your mortgage for 10 years, building equity while making careful financial decisions to ensure that you’re on track to pay off your mortgage. So, all of those payments are essentially money in the bank for you, right?

Not quite. The equity you’ve built toward is home isn’t really accessible until you either fully pay off the home, sell your home and use your equity toward a down payment, or use it to take out a second mortgage.

In today’s article, we’re going to be talking about second mortgages--what they are, when to use them, and when you should seek out other options. Hopefully, by the end, you’ll be able to make a more informed decision.

What is a second mortgage?

A second mortgage is somewhat deceptively named. The process of taking out a second mortgage revolves around using your equity as collateral toward a second loan. That loan amount doesn’t have to be used toward a home, however. It can be spent pretty much at the discretion of the homeowner, as long as you stay within the spending limits of the loan terms.

Why take out a second mortgage?

Homeowners typically take out a second mortgage when an expense is tossed their way, whether foreseen or unforeseen. It could be a costly house or vehicle repair, a child’s education, or any other large expense that you might not have been aptly prepared for.

Types of second mortgages

There are two main types of second mortgages that homeowners qualify for. First is a standard home equity loan. You receive a fixed-rate loan that usually paid off over a loan term of 15 or 30 years.

The other type of second mortgage is a home equity line of credit (HELOC, for short). A HELOC is similar to a credit card in that you are approved for a certain amount but don’t need to spend the full amount.

Risks of home equity lines of credit

This type of loan is ideal for expenses that you maybe don’t know the full cost of. However, there is an inherent risk in taking on an expense that might go over the credit limit of your HELOC.

Just like with credit cards, interest rates vary. However, the interest rate is linked to something called a “benchmark rate.” When interest rates for the benchmark increase, so do your HELOC rates.

Aside from the variable interest rates, HELOCs can also prove to be difficult to manage for people who are already in credit card debt. So, it’s only recommended that you take out a HELOC if you are sure that you can stay on top of your monthly payments and are in good standing with other credit lenders.

Risks of home equity loans

Standard home equity loans aren’t without their own risks. For one, you’re putting your house on the line when you take out a second mortgage. So, before taking out a home equity loan on a new expense, be sure that you can manage that expense or you could risk losing your home.

Having a second mortgage can also make it difficult to refinance your home loan, which could cost you in the long run if it would otherwise pay off to refinance.

Benefits of second mortgages

Second mortgages do have their time and place. Home equity loans, for example, can help you achieve a lower interest rate than a typical loan if you have a great deal of equity built in your home. This could make the most financial sense over the long term.

Similarly, a HELOC might be a better option than a credit card for homeowners who don’t have a credit score high enough to land them a good interest rate.




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Posted by Gregory Murphy on 8/31/2019

Beautiful 6 Year Young Ranch Home In Over Exclusive 55 Park! Meticulously Maintained By Owners & Boasts Pride Of Ownership Throughout! Hardwood Floors In Living Room/ Dining Room & Bedrooms; Stainless Steel Appliances & Gas Cooking; 2 Good Size Bedrooms (1 With Walk-In Closet); Farmer's Porch Out Front, Deck Out Back w/Firepit In The Backyard & Storage Shed; Full Basement Makes For Great Additional Storage: Low Monthly Fee Makes This One Very Attractive! Call Today For A Private Showing!

More Info on this Property | New Listing Alerts





Posted by Gregory Murphy on 8/29/2019

If you plan to buy a house, you'll want to apply for a mortgage before you launch your house search. That way, you'll have your finances in order and can narrow your home search accordingly.

Ultimately, there are several steps that you should take prior to applying for a mortgage, and these are:

1. Check Your Credit Score

A bank or credit union likely will analyze your credit score as it reviews your mortgage application. However, you can find out your credit score free of charge before you kick off the mortgage application process.

You are eligible to receive a free copy of your credit report annually from each of the three credit reporting bureaus (Equifax, Experian and TransUnion). Submit a request for your credit report today, and you can receive comprehensive insights into your credit history.

2. Examine Your Earnings and Debt

How much you currently earn and your outstanding debt could play pivotal roles in your ability to acquire a favorable mortgage. Thus, you'll want to examine these factors closely so that you can better understand how lenders will view your mortgage application.

Also, if you have lots of outstanding debt, there is no need to worry. If you allocate the necessary time and resources to learn about your debt and pay it off, you can increase the likelihood of obtaining a favorable mortgage.

3. Establish a Budget

Although a mortgage may prove to be essential to buy a house, it is important to consider various homebuying expenses as well.

For example, you may need to pay closing costs, home inspection fees and other expenses throughout the homebuying process. If you're worried about having the necessary finances to cover these costs, you may want to start saving money for them as soon as possible.

It often helps to account for the costs associated with cable, electricity, internet and other home must-haves too. The aforementioned homeownership expenses can add up quickly, but those who plan ahead can ensure they have sufficient funds available to cover these costs.

As you prepare to search for a house, it usually is a great idea to hire a real estate agent. This housing market can help you prepare for each stage of the homebuying cycle and ensure you can achieve your homebuying goals.

Typically, a real estate agent will meet with you and find out what you want in a dream house. This housing market professional then can keep you up to date about residences that match or exceed your expectations.

Perhaps best of all, a real estate agent understands that no one should be forced to overspend to acquire their ideal residence. As such, this housing market professional will make it simple for you to discover a terrific house at a budget-friendly price.

Lastly, don't hesitate to reach out to a real estate agent for guidance before you apply for a mortgage. With a real estate agent at your side, you can learn about lenders in your area and find one that can provide you with the financing that you need to purchase your dream house.




Tags: Buying a home   mortgage  
Categories: Uncategorized