Power of Pets

Kitchen Remodeling Decisions You’ll Never Regret

We see lots of kitchen trends, so we know it’s easy to get swept along with what’s in vogue, only to get bummed out by your faddish design choices a few years later.

But chances are you’re only going to remodel your current kitchen once. 

After all, a complete kitchen renovation has a national median cost of $60,000, according to the “2015 Remodeling Impact Report” from the NATIONAL ASSOCIATION OF REALTORS®. 

With that much on the line, you want to make all the right moves. If you do, you could recover about 67% of your investment if you sell.

So we’re here to future-proof you from angst by naming the seven definitive kitchen features that will retain their beauty, marketability, and value — all while giving you lasting enjoyment.

#1: White is the Dominant Color
Bottom line: White is the most marketable color. You’ll always find it atop the National Kitchen and Bath Association’s annual survey of most popular kitchen colors. It simply doesn’t go out of style.

• Throughout history, it’s been associated with happiness, purity (think Snow White), and new
beginnings.
• It’s a bright color that reflects light and makes even small kitchens feel larger.
• It’s a neatnik’s dream — dirt has no place to hide.

Even better, it’s uber-tolerant of both your budget and taste: A standard color for any manufacturer, you’ll find white cabinets, tile, counters, faucets, sinks, and appliances at any price point.

And with a white backdrop, you can be as conservative or expressive as you want. After all, it’s about your enjoyment, not just dollars and cents. For example:

• Add your personal touch with colored glass knobs and pulls.
• Show off antique Fiesta ware on open shelves or in upper cabinets with glass fronts.
• Paint walls the color du jour — even off-white!

Heck, with a white palette, you can change your mind about paint color on a whim. Those all-white basics will make any hue you choose look fresh and contemporary.

#2: Hardwood for Flooring
It’s been our love for years. That’s especially true ever since hardwood flooring was mass-produced during the Industrial Revolution, making beautiful flooring readily available at a reasonable cost.

Today, more than half of home buyers who purchased a home without hardwood floors say they would have paid an extra $2,080 for them, according to the “2013 Home Features Survey” from the NATIONAL ASSOCIATION OF REALTORS®. And among buyers of any age, upwards of 80% say hardwood floors are “somewhat” or “very important.”

“It’s the one feature men and women agree on,” says Debe Robinson, NKBA treasurer and owner of Kitchen Expressions Inc. in Sheffield, Ala., who’s also worked in the flooring industry.

Why? The love of wood is in our genes. Our nesting instincts know that hardwood has warmth, personality, and makes our homes cozy and inviting. That’s why this clever chameleon pairs well with any kitchen style.

More reasons why wood flooring is the goof-proof option:

• Perfect for open floor plans. It flows beautifully from the kitchen into adjoining rooms.
• It’s tough. Hardwoods such as oak, ash, and maple will shrug off your kitchen’s high-traffic punishment for years. Solid hardwood flooring can be refinished 10 to 12 times during it’s typical 100-year lifespan.
• It’s eco-friendly. Hardwood is considered a green building material when it’s certified by the Forest Stewardship Council and comes from sustainably managed forests.

#3: Shaker Style for Cabinets
Thank heaven for the Shakers. While they were busy reducing life to its essentials, they made cabinets with clean, simple lines that will forever be in style.

Shaker cabinets are an enduring legacy of American style and, like wood flooring, have the knack for looking good in any setting. Their simple frame-and-panel design helps reduce the amount of busyness in a kitchen, making it a soothing, friendly place to be.

“In a kitchen with a timeless look, you want the cabinets to be part of the backdrop,” says Alan Zielinski, a former president of the National Kitchen and Bath Association. “You don’t want to be overpowered. You’re looking for plain, simple, clean lines.”

Those plain, simple, clean lines are a perfect fit for transitional style — a beautiful combo of traditional and contemporary styles. In fact, the National Kitchen and Bath Association says that after creeping up on traditional for years, transitional is now the most popular kitchen style.

As our families grow more diverse, transitional style will only get more popular. It lets us personalize and blend cultural influences — Latin, Asian, Mideastern — into our homes; it’s the perfect balance of old and new, just like Shaker-style cabinets.

#4: Carrara Marble for Countertops
Carrara marble is a timeless classic that’s been used in homes for thousands of years. (Michelangelo’s “David” was carved from Carrara.) It’ll look as good in the next millennium as it does now.

Here’s why:

• Carrara’s lacy graining and subtle white colors look terrific in a white kitchen (or any kitchen, for that matter).
• It has a whiteness you won’t find in other natural stones.
• It’s readily available, making it less expensive than other high-end choices, such as quartz.
• It’ll last for generations.

If you Google it, you’ll find a lot of debate about it (and marble in general) because it stains easily. But if you want something truly timeless, Carrara is the answer. And with today’s sealants, the problem of staining is almost moot if you reseal once or twice a year.

Still not sold? Or don’t have the budget? Laminate countertops are relatively inexpensive and can be upgraded to stone when you do have the budget.

#5: Subway Tile for the Backsplash
Subway tile goes back to the early 1900s, when it was used to line New York’s first subway tunnels. Classic subway tiles are white, 3-inch-by-6-inch rectangles — a look that became popular in American kitchens and baths, and has stuck around ever since. Now it’s an iconic part of the American design vernacular, destined never to go out of style.

In the kitchen, ceramic tile excels as a backsplash, where it guards against moisture, is a snap to clean, lasts forever, and always looks classy.

Sure, a backsplash can be an opportunity for a blast of color and pattern, but neutrals will always be current and blend with any look. Plus, a subway tile backsplash and a marble countertop make a dashing couple that will stand the test of time.

To make it even more enduring, keep it achromatic and camouflage dirt with gray or beige grout.

#6: Ergonomic Design
Adaptability and universal design features mean easy living at any age. A recent survey on kitchens from the American Institute of Architects points to the growing popularity of smart ergonomic design, a sign that kitchen adaptability will stay in vogue.

Smart ergonomics simply mean convenience — for young or old, party people or homebodies — a key factor when remodeling a kitchen that will function well, retain its value, and always feel right.

No matter you or your buyer’s current or future needs, everyone wins with these approaches:

• Create different countertop heights. Standard height is 36 inches, but you can raise or lower sections of cabinets by altering the height of the base. Add color-match shim strips to the bases of countertops that don’t include sinks or appliances. You (or a new owner) can easily remove them or add to them to adjust the height.
• Swap a standard range for a wall oven and a cooktop. Ranges have fixed heights. There’s no getting around the fact you have to bend to access the oven. But a wall oven conveniently installs about waist-high.
• Add pull-out shelves to base cabinets. Lower cabinets with doors mean having to twist like a pretzel to see what’s inside. Pull-out shelves put everything at your fingertips.
• Keep wide clearances. Kitchens attract people, and with open floor plans, you’re apt to have folks hunting for snacks, helping you cook, or just hanging out while you prep meals. Keep traffic flowing with a minimum of 42 inches between counters and islands.

Today’s families store about 47% of their kitchen stuff outside the kitchen — in laundry rooms, basements, even sheds — according to data released at the 2013 Kitchen and Bath Industry Show.

We blame it on the fact that kitchens have evolved from a tucked-away place at the back of the house into a multiple-chef, multi-tasking space that’s the hub of family life. Plus, our love of open kitchens and stocking up at warehouse stores means less wall space and more stuff, kitchen design expert Robinson says.

The solution: smart storage. Cabinet manufacturers have you covered with nearly unlimited storage options — shelves and compartments that unfold, turn, extend, and slide.

But it’s not just about having storage, it’s about designing it smartly. Follow these guidelines to make your storage timeless:

Create a primary storage zone. This is an area 30 to 60 inches high and within two feet on either side of your body. Store your most-used items here — your favorite work knives, measuring cups, salt and pepper for cooking, your trusty pots and pans. With one easy motion, you can grab what you use all the time.

Plan for the unknown. A truly timeless kitchen anticipates and adapts to future needs, such as:

• A space that can easily convert to an office, wine storage, or a closet.
• Lower cabinet spaces that can accommodate a wine cooler, under-counter refrigerator, a second dishwasher, or new must-have kitchen appliances on the horizon. (Remember when microwaves didn’t exist?)
• An open space that fits a freestanding desk or favorite antique that can personalize the kitchen — no matter who owns the home.

Financial Fitness

Steer Clear: 7 Living Room Design Looks That Buyers Hate

Home decor is all about reflecting your own personal style. It’s an opportunity to use your home as a blank canvas and paint a masterpiece that is decidedly you. 

And that style is never more apparent than in your living room—the spot where your guests gather and your personality is most on display.

We’ll never tell you to betray your decor desires in this room (or the rest of your home). But if you’ve gone nuts painting your living room in wild colors or spent thousands laying down Moroccan tile, bear in mind how potential buyers might perceive your choices.

Buyers need to picture themselves living and loving that space: throwing parties, entertaining guests, enjoying a lazy Saturday with a book. If your favorite living room design looks are dated or divisive, buyers might give your home a pass. 

So ditch these seven polarizing decor choices while you still can—before they sink your chance of a sale.

1. TV looming over the fireplace

No matter which side you fall on in the great TV-over-the-fireplace debate, none of that matters when it comes time to sell. Find somewhere else for your flat-screen TV—at least temporarily.

“Today’s buyers are interested in beautiful, serene rooms with seating revolved around a focal point of beauty,” says Chicago interior designer and stager Kara O’Connor. A personality-free black box is neither serene nor beautiful.

Heads up: If you’ve already mounted your television on a wall or over the fireplace, you may have to remove the evidence after you take it down. No buyer wants to see unpatched holes in your walls.

2. Dead things

Obviously you’re not leaving dead mice lying around your living room (we hope!). Perhaps you should get rid of the enormous steer head hanging over your fireplace, too.

“We totally get it. Cowhides and taxidermy are super kitschy and trendy,” says Justin M. Riordan, a Portland designer with Spade and Archer Design Agency. “The combination of creepy and beautiful is all the rage. Unfortunately, for many, the creepy is far more powerful than the beautiful.”

Real or not, you don’t have to say goodbye to your animal skulls. Just tuck them away until the home is sold. Far away.

3. Blond wood

Don’t stain your hardwood just because you’re listing your home, but if you’re thinking about doing it anyway, O’Connor has some advice: Go dark.

“Dark, wide-plank floors are ‘in,’ and blond wood is ‘out,'” she says. “If the floors are dated, I encourage refinishing. The impact is huge.”

Alongside new baseboards and neutral paint, deep chocolate floors will give your home the modern edge that could attract on-the-fence buyers.

4. Saturated walls

Yes, your deep teal walls look rad alongside your dark wood credenza and velvet chaise. But all potential buyers see are dollar signs.

“More likely than not, your home’s next owner has some very distinct taste in furniture, which they recently spent quite a bit of money on,” Riordan says. “They are not going to buy new furniture to match your saturated wall colors.”

Many buyers do repaint before moving in, but painting over saturated tones requires more coats, more time, and, naturally, more money. And some buyers don’t want to deal with any of that.

To get the highest selling price—and the most interested buyers—paint the entire place in simple neutrals.

5. Outdated furniture

Buyers bring their own furniture. But picturing their gorgeous modern furniture in your space can be daunting if everything you own is outdated and overwhelming.

“If the furniture distracts the buyer from the square footage, a focal point, or hardwood floors, then it should be carefully edited out,” says Jill Hosking-Cartland, an interior designer in Windham, NH.

Not only might they struggle to see themselves in your place, they might also worry about the quality of your home.

“Old furniture can leave a buyer with the impression that there is a lack of attention to routine maintenance and updating,” Hosking-Cartland says.

Work with your Realtor® to stage your property using updated, on-trend furniture.

6. Narrow baseboards

New baseboards and crown molding can take a room from blah to bangin’ with an afternoon’s worth of work. But make sure the sizes and designs you choose look modern.

“Crisp, white baseboards that are a minimum of 5 inches high are preferable to the dated, 2- or 3-inch baseboards from the ’90s and early 2000s,” O’Connor says.

Teeny-tiny baseboards might not be a deal breaker, but they can make a room feel kind of off. Beware of going too big—though it is possible to overwhelm a room with your molding. Find the right size trim for your space before you embark on that weekend project.

7. Faux finishes

You might hate ordinary paint, but funking up your living space with a faux finish can be a sticking point. Even if your DIY job looks amazing, buyers see only another thing they need to change. Paint over your fake Venetian plaster, reclaimed wood, or “textured” walls before the first showing.

“Asking a buyer to adopt your specific design style is risky,” Hosking-Cartland says. “Most buyers see these polarizing design elements as work they will have to do and spend money on to make the home a reflection of their own personal style.”

Closing Chaos

Final walkthrough a buyer's best friend

Imagine this. You move into your new home for the first time after closing and, although you transferred the utilities into your name, the lights don't turn on. There isn't a single light bulb left in the house, the yard is overgrown, and the leaky faucets the sellers were to have fixed still leak. Most homebuyers aren't faced with such an unpleasant surprise. 

You can gain some degree of control over the situation by completing a walkthrough inspection of the property within five days of closing. Your purchase contract should include a clause that grants the buyers permission to do a final walkthrough inspection sometime close to the closing date. A final walkthrough provides the buyers an opportunity to verify that the property is in substantially the same condition it was when the sellers accepted their offer. The walkthrough is not a contingency of the contract that gives the buyers the right of approval or disapproval. 

Your purchase contract should require the sellers to maintain the property in its present condition until closing. So, if a window breaks before closing, the sellers would be responsible for fixing it, depending on the verbiage in the contract. During the walkthrough, the buyers can also confirm the completion of any work the seller agreed to do before closing. 

Ask the sellers to provide you copies of invoices for work done before closing. Keep these documents in your house file for future reference. If sellers made repairs themselves, they should provide an itemization of work completed that describes what they did. HOUSE HUNTING TIP: It's a good idea to have your REALTOR® accompany you on the final walkthrough and take notes as necessary. If the property isn't in the same condition it was when you agreed to buy it, put this in writing and have your REALTOR® contact the sellers' agent to inform them of the items remaining to be done before closing. 

Your purchase contract should include a provision for the sellers to deliver the property to the buyers free of personal property and debris, unless otherwise agreed to in writing. For example, the sellers might have agreed to leave the washer, dryer, and refrigerator with the house, and the buyers accepted the offer. These items are usually considered personal property, unless they're built in. If the sellers moved these items out or the movers did by mistake, they would need to be returned by closing unless you make other arrangements with the sellers.

 It can be very helpful if the sellers agree to do a walkthrough with the buyers to show them things about the home that the buyers would have difficulty figuring out on their own, like the location of obscure light switches or how to operate retractable skylights. If something is disclosed about the property that should have been disclosed earlier, put it in writing. If it's something significant, talk to your real estate agent or attorney about how best to resolve the issue. 

Keep in mind that most real estate agents are not licensed to practice law. Also, seller disclosure laws vary by state. Doing a final walkthrough to verify the condition of your new home can be complicated if it's tenant-occupied. If you are buying a tenant-occupied property to live in, your contract should provide for the property to be vacant several days before closing. THE CLOSING: That way you can walk through the property free of tenants' belongings before you close the deal.

Positively Perfect

Don't skimp on title insurance

Most people are trying to cut costs these days. Some even wonder if it's necessary to pay for title insurance when they buy or sell a home. 

Skimping here could end up costing plenty if you discover a title defect after you own the property. Title insurance is paid for once at closing and covers the property for as long as you own it. 

It protects the purchaser from financial loss deriving from defects in the title to the property. The premium cost varies depending on the title insurance company, and is usually based on the purchase price. Who pays the title insurance premium often depends on local custom and can vary from one county to the next. For instance, if you were to sell a home in Los Angeles County, where the seller usually pays for title insurance, and buy in Alameda County, where the buyers usually pay, you'll pay for title insurance twice during one move. Buyers typically pay the premium to cover their lender's interest in the property. 

The payment of title insurance is not set by law and can be negotiated between the buyer and seller, although local custom usually prevails. Whatever is agreed to in the purchase agreement will dictate who pays the premium. A buyer who was an attorney thought title insurance was expensive and a waste of money. Given his legal expertise, he decided he'd search the title record himself to avoid paying the title premium. In the end, his agent talked him out of the do-it-yourself approach based on the risks involved. Title insurance companies search the title to a property to make sure that there aren't any defects in the chain of title. 

They also look for liens and easements recorded against the property, as well as establish who has marketable title to the property. In one case, the title company discovered when searching the chain of title that when the property sold to the current owner, an heir to the estate had not signed the deed transferring title. This meant that person still had rights to the property. Fortunately, the title company located the heir, who was reputable. She relinquished any interest she had in the property. If the heir hadn't been cooperative, the current owner could have made a claim against the title insurance company that issued title insurance to him when he bought the property. 

Title companies usually issue a preliminary title report, which is an offer to provide title insurance on the property. It is not the insurance policy, but it shows the results of the title search. You and your real estate agent or real estate attorney should examine the preliminary report carefully to make sure the person who has marketable title to the property is the person who signed the purchase agreement. Also check for liens secured against the property. Easements grant the right to use the property to someone other than the owner. Common easements are for utilities, sewer, and drainage. Ask the title company to provide written copies of any easement and CC&Rs (covenants, conditions and restrictions), and to locate the easements in color on a copy of the parcel map. 

You can't build over an easement. Both CC&Rs, typically found in condominiums and planned-use developments, and easements restrict your use of the property. Make sure you understand how these will affect your ownership interests before you complete a purchase. If you find defects in the title, make it a condition of the purchase that the seller cures the defects before closing. Make sure that your purchase agreement includes a clause that gives you that right. THE CLOSING: Ask your title officer, REALTOR® or attorney for answers to any title-related questions. 

Bamboo It Up!

6 Things Homebuyers Should Avoid Once They are Preapproved for a Mortgage

You have done the hard part in the home-buying process and chosen a lender and a real estate agent to work with. You have also gone out and found the home of your dreams! Best of all, your team has done a great job of negotiating the best deal for you.

Now, as a buyer, all you have to do is sit back and wait for your loan to close … right? Wrong!!

Getting a home loan these days is a very interactive process. I am always amazed by how many clients I work with who come to me unaware of all the pitfalls they face during the loan process. To help avoid any surprises while waiting for final approval, I provide my clients with a short list of "do's and don'ts" to follow.

Let's start with the "do's" ...

1. Do keep the process moving by responding to your loan officers' requests for documentation as soon as possible.
2. Do make decisions as soon as is reasonably possible.
3. Do convey questions or concerns you
4. Do continue to make all of your rent or mortgage payments on time.
5. Do stay current on all other existing accounts.
6. Do continue to work your normal work schedule with no unplanned time off.
7. Do continue to use your credit as normal.
8. Do be prepared to explain any large deposits in your bank accounts.
9. Do enjoy purchasing your home but remain objective throughout the process to help make decisions that are best for you.

After you have been preapproved for your mortgage you will want to refrain from the following...

1. Do not make any major purchases (car, boat, jewelry, furniture, appliances, etc.).
2. Do not apply for any new credit (even if it says you are preapproved or "xxx days same as cash").
3. Do not pay off charges or collections (unless directed by your loan officer to do so).
4. Do not make any changes to your credit profile.
5. Do not change bank accounts.
6. Do not make unusual deposits into your bank accounts or move money around from one account to another.

Follow these simple rules and you will help to make your loan closing as smooth and hassle-free as possible! Good luck!

Who's Buying Homes?

The 9 Hottest Interior Design and Decor Trends You'll See in 2018

When it comes to home design and decor, we'll be the first to tell you to stick with what you love, no matter what the pros say. But if you can't escape that sinking feeling each time you walk through your front door that your decor is looking a little tired, well, don't despair. We've got you covered! We've already talked about the design trends you should ditch in the coming year. Now let's take a look at some of the hot new designs you might want to use for 2018 to give your home a fresh lease on life.

From splashy color palettes to bright yellow sofas and mixed metal everything, our stable of designers and tastemakers have given us the ultimate insiders' scoop on what'll be hot in 2018. And trust us: It'll be a gorgeous year. Here's what to watch:

1. Bold colors
Designers haven't yet had their fill of spaces decked out in deep, bold shades; this decor trend is appearing on our hot list for the second year in a row.

“As much as I love an all-white interior, rich jewel tones are making their way onto our walls and moldings in a big way—think ‘English library,’ but with peacock teal, black, or rich burnt orange colors,” says Oregon-based interior designer Arlene Lord.

The proof is in the paint: Sherwin-Williams' 2018 Color of the Year (Oceanside SW 6496) is an intense shade of blue-green, while Pantone recently announced the rich and regal Ultra Violet will reign supreme in the coming year.

Lord recommends pairing these jewel tones with bold, dustier shades to create a lush, layered look. (We like PPG’s Black Flame, an indigo-hued black that’s great for modern interiors; Glidden’s Deep Onyx, a classic no-fuss shade; and Olympic’s Black Magic.)

"Dipping a room in a dramatic shade like midnight navy, eggplant, or charcoal is a fun way to embrace a deep, rich color, and the result is deliciously inviting,” says Elissa Morgante, co-principal of Morgante Wilson Architects in Illinois.

Ready to really commit? Go all-in on this trend with dark or black trim.

“Outlining the room or windows in dark trim helps punctuate and call attention to unique features,” she says.

2. Mixed metallic
A few years back, mixing metals was a total no-no. But experts now agree that today’s homeowners want more than simple one or two copper or brass fixtures—they like seeing the stuff throughout a room or house.

“Buyers really love to see modern, eclectic choices such as a hammered copper light fixture above the kitchen island paired with sleek chrome faucets and cabinet hardware,” says Ken Fixler of Barnett Homes in Chicago.

To warm up the industrial feel of some metals, pair them with a natural stone like marble or limestone, and look for unexpected finishes like matte black, satin brass, black nickel, and unlacquered brass. Amp up the visual interest another notch by layering your metals across a variety of locations, from faucets to hardware to lighting and furniture.

3. Gen Z yellow
As usual, Beyoncé was way ahead of the curve on this one, smashing car windows and security cameras in an unforgettable yellow Cavalli dress in her epic video for "Lemonade." And as designers, fashionistas, and millennials will all tell you, the hue that's being dubbed "Gen Z yellow" is the one to watch.

Karen Wolf, of Karen B Wolf Interiors, calls it "positive, confident, vibrant, and enthusiastic."

"We have not seen this color emerge for quite some time," Wolf adds. "It feels fresh, happy, and young."

Designer Sarah Hullinger agrees, predicting the color will continue to be huge well into 2018.

“It’ll certainly make an impression, whether a bright ‘minion’ color or a burnt shade resembling curry or turmeric,” she says.

If you can't quite warm up to the idea of, say, a bright yellow sectional, test the waters with an accent chair or painted side table.

4. Quartz
In the kitchen, sleek quartz is taking the place of the ubiquitous granite and hard-to-clean marble.

“Quartz products are appealing to the ease of living that we all crave, and the surfaces are much more modern, clean, and versatile,” Lord says.

5. Light, textured wood floors
“Red-toned woods are fading in popularity, along with tropical exotic species” like Brazilian cherry or walnut, says Armstrong Flooring design manager Sara Babinski.

Instead, flooring trends are moving toward lighter color palettes in domestic American woods such as maple, pine, or hickory, she says.

Why? Light-hued woods—including natural tones and blond and whitewashed woods—brighten interior spaces and hide imperfections more easily, making them a great choice for families and households with pets. For extra credit, choose a distressed or wire-brushed wood, which offers vintage appeal with a less aggressive look than a scraped floor, and choose 5-inch-wide planks, which create a sense of openness and interior space.

If you decide to stick with dark flooring, designers recommend that you pair it with light walls and white trim for contrast.

6. Natural materials
“In interior design we're seeing a strong push toward eco-consciousness—looking toward items that are made of sustainable materials and have a natural feel to them,” says Ana Zuravliova, an interior designer at Roman Blinds Direct. “People care about the production, the history, and the story of their furniture more than they ever have before.”

While the sustainability element is a plus, the visual airiness of the materials is indicative of a move toward more minimalist interiors, says designer Erin Powell, virtual staging coordinator at 3-D rendering company roOmy.

"The less-is-more approach will continue—[think] lacy hammocks and daybeds and wicker and rattan furniture with a more modern edge," she says.

7. Concrete in unexpected places
Tired of basic granite in your kitchen and bath? Ditch it in favor of cool concrete—and then take your design up a notch by extending the material elsewhere in your house.

“From fireplaces to bath tubs, concrete is no longer the countertop alternative,” says designer Ana Cummings. “I’m seeing entire walls in concrete panels that look fantastic juxtaposed next to antiques or contemporary furnishings.”

8. Black fixtures Black fixtures will take the place of brass as the new hot home hardware, predicts Ryan Brown of Brown Design Group in Southern California. The first reason is easy: Black pretty much goes with everything. The second? Black fixtures—especially in matte finishes—are much easier to clean (and don't need to be cleaned as often) than lighter, polished metals.

“They look great in modern applications as well as transitional homes,” Brown says. “And the best part is, no water spots to clean off.”

9. Larger tiles
For years, white subway tile has been the go-to choice in many a modern (or renovated) bathroom and kitchen. But designer Karen Asprea of Whitehall Interiors notes a recent shift toward larger-format tile (and even slab-size sheets of porcelain).

"This shift is not only aesthetic but one of function, as larger tile has less grout and is both easier to install and maintain," Asprea says.

But if you're not on board with big, don't fret—designers agree the subway tile trend has life left in it.

“Clients want a really clean look for their homes and that doesn’t appear to be a trend that’s going away,” says Katie Jaydan, senior designer with White Crane Construction, a residential remodeling company in Minneapolis.

To mix things up a little and add visual interest, consider swapping out tired old cabinetry hardware with mixed metals (oh, hi, Tip No. 2) for a look that's oh-so-2018. (In a good way.)

Resale ROI - Return On Investment

What Happens If I Skip a Mortgage Payment?

"What happens if I skip a mortgage payment?" is one of those questions we hope you never have to ask, but life is unpredictable: Sometimes no matter how carefully you plan, you may find yourself short on the funds you need to pay this crucial monthly bill. So what happens if you skip a mortgage payment for just one month?

Don’t worry—there's no need to panic quite yet. But there are consequences to missing a mortgage payment, so you'll want to know what's in store.

What if you're late on your mortgage payment? 
Every home loan agreement offers borrowers a grace period for late payments. (Most mortgage payments are due the first day of the month but policies can vary, says Guy Cecala, chief executive and publisher of Inside Mortgage Finance.) Typically, there’s a 15-day grace period, in which case you would have 14 days after your payment is due to pay your bill without incurring a late fee. However, “I’ve seen some late fees kick in after seven days,” Cecala says, who recommends checking your policy carefully to see how long your grace period is.

Late fees are based on your mortgage agreement, loan type, and state regulations, but generally the average is 4% to 5% of the overdue payment. So, for a $1,000 monthly mortgage with a 5% late penalty, the fee would be $50. That might seem like a drop in the bucket, but “late fees are a good source of income for mortgage lenders,” Cecala points out.

How a missed mortgage payment affects your credit
Mortgage lenders typically report late payments to credit bureaus after they become 60 days past due—meaning you usually have two months to make up for a missed payment. After the 60-day mark though, your credit score (a reflection of how you've managed past debts) might take a big hit.

According to data from credit analysis firm FICO, someone with an excellent credit score—780 or above—could see it drop 90 to 110 points if the person has never missed a payment on any credit account. In comparison, someone with a 680 credit score and two pre-existing late payments on his credit report may see a 60- to 80-point drop for a mortgage payment delinquency.

Will my bank start foreclosure proceedings if I miss one payment?
The short answer is no.

“The foreclosure process takes a lot longer these days because of the foreclosure crisis [of 2008],” Cecala says. “Mortgage lenders don’t want to foreclose on your home because it results in a loss or a cost to them."

Nonetheless, your mortgage is technically in default if you’re more than 90 days late on your mortgage payments—even just one. At that point, you’ll receive a letter from your mortgage servicer notifying you that you’ve defaulted on your loan; you then typically have 90 days to pay off your most recent bill before your mortgage lender can begin foreclosure proceedings.

I don't think I can make next month’s payment. What are my options?
Your first step is to contact your mortgage servicer and explain your financial situation. “People often feel like they don’t want to turn themselves in, but you don’t know what your options are until you talk to your lender,” Cecala says. Plus, mortgage lenders tend be more accommodating if you notify them in advance that you can’t make an upcoming payment.

You might qualify for a special forbearance, a process where your servicer gives you a temporary break from your mortgage payments.

“It’s essentially an extended grace period,” says Cecala. Alternatively, you may be able to work out a repayment plan with your lender where you agree to pay down past-due amounts on your mortgage over a set period of time.

If you can’t afford to make your mortgage payments (say, due to a layoff or emergency medical expenses), Cecala also recommends looking at the federal government’s Home Affordable Modification Program.

“Through HAMP, homeowners who are not unemployed but struggling to make their monthly mortgage payments may lower their monthly payments and make them more affordable and sustainable for the long-term,” says the Federal Housing Finance Agency’s website. You’ll have to meet certain requirements to qualify. For example, you must have obtained your mortgage before Jan. 2, 2009, and “in general you can’t qualify if you have a jumbo loan,” Cecala says. (Call 1-888-995-4673 for free to speak with a HUD-approved housing counselor to see if you can take advantage of the program.)

How can I avoid a missed payment in the future?
The best way to ensure you won’t miss a mortgage payment, says Cecala, is to set up automatic bill pay so that the money is automatically withdrawn from your bank account each month. (You can do this easily through your bank either online or by phone.) You may even want to set up a dedicated checking account for your mortgage payments, and make arrangements with your employer to have a percentage of your income automatically deposited into the account each month.

Cecala offers one more tip: “If you run into problems making your mortgage payments, you probably want to avoid debt consolidation services. There are costs attached to them,” he says. “You’re generally always better off working with your loan servicer or a nonprofit that offers counseling and mortgage relief services.”

Outdated & Unwanted

Deed vs. Title: What's the Difference? Terms Home Buyers Need to Know

Deed vs. title: 

What's the difference? Most people use the terms interchangeably, but there's a significant difference between the two— a distinction that's important to understand when you're ready to purchase a home. So let's look at what distinguishes deed from title.

Deed vs. title: The difference between these 2 real estate terms
"A deed is a legal document used to confirm or convey the ownership rights to a property," explains Anne Rizzo of Title Source Title Clearance. "It must be a physical document signed by both the buyer and the seller."

Title, however, is the legal way of saying you have ownership of the property. The title is not a document, but a concept that says you have the rights to use that property.

So when you buy a property, you will receive the deed, a document that proves you own it. That deed is an official document that says you have title to the real estate.

How to get the deed and take title of a property
To get the deed and "take title," or legally own the property, your lender will perform a title search. This ensures that the seller has the legal right to transfer ownership of the property to you, and that there are no liens against it. If everything is clear, then at closing the seller will transfer the title to you, and you become the legal possessor of the property.

The title or escrow company will then ensure the deed is recorded with the county assessor's office or courthouse, depending on where you live. You'll generally get a notification a few weeks after closing that your deed has been recorded. If you don't, check with the professional who did your closing and ensure that the paperwork has been filed. At that point, you have the deed and title to the real estate and the property is all yours.

What is title insurance?
Even with all of the due diligence a title company does before closing, there are rare instances when title problems can pop up later (e.g., missed liens and other legal issues that can be very costly to resolve). To protect against any financial loss, two types of title insurance exist: owner's title insurance and lender's title insurance.

"Unlike other types of insurance that protect the policyholder from events that may happen in the future, an owner’s title policy protects the buyer from events that have happened in the past," says Rizzo. "That may jeopardize their financial interest, such as title defects from fraud or paperwork errors, unpaid liens against the property, or claims that someone else is the real, legal property owner."

On the other hand, when you secure a mortgage, your lender or bank will require that you purchase lender's title insurance to protect the lender's investment in case any title problems arise. Lender's title insurance essentially protects the lender's interest in your property, which is typically until your mortgage is paid off.

Tax Reform: Is California A Winner Or Loser?

Failure to Disclose: Should Buyers Sue Sellers for Not Revealing Problems

Can a buyer sue a seller for failure to disclose information about the house? 

As a buyer, you deserve to know about every problem with the house, from the leaky roof to the small colony of black mold hiding in the cabinet in the laundry room. 

If the seller fails to disclose a problem to you during the property transfer process, should you start calling lawyers, or can you settle this issue yourself outside of a courtroom? It all depends on the real estate disclosure laws in your state and how far along in the purchase process you are.

Real estate disclosure laws
Real estate disclosure laws differ from state to state, but in most places in the U.S., sellers are required to disclose info to a prospective buyer that could affect the property value. That could be anything from a termite infestation to a property line dispute with a neighbor. If your house was built before 1978 and has lead paint, federal law requires this to be disclosed as well.

Sellers must volunteer information about their property to the buyer; it's not enough to just wait for a buyer to ask a question and answer honestly, according to California real estate attorney Bryan Zuetel of Irvine, CA. In many states, that information is shared through a disclosure form, where a homeowner outlines details about the house. That form will include negative information as well as basic facts such as the square footage.

Sellers do not have to disclose something that they don't know about. But if it can be proven that something was known and omitted, a seller can get in big trouble.

"A seller may be liable to the buyer for the nondisclosure of material facts, negligent misrepresentation of facts, intentional misrepresentation of facts, or suppression or concealment of facts," Zuetel explains.

Should you sue a seller for failure to disclose before the sale?
If the seller fails to disclose information about the house but you haven't yet signed on the dotted line, you may be able to cancel the purchase. Canceling the purchase could be a lot less costly and time-consuming than suing the seller.

Laws in most states guarantee a buyer the right to cancel a transaction due to discovery of certain facts during the transaction. In California, for example, Zuetel says a buyer may terminate a transaction within a certain number of days after receiving a disclosure regarding natural hazard zones around the property.

Most real estate attorneys recommend including contingencies in the residential purchase agreement that will give buyers an out, and require any money held in escrow be returned to them (pending a review of the disclosures and the property). If your contract has this contingency in place, you should be able to cancel the transaction and walk away without losing anything but your time.

Should you sue a seller for failure to disclose after the sale?
Things get more complicated if you buy the property. That's when you may land in a courtroom, but a lawsuit could still be avoided, says Zuetel.

"The dissatisfied buyer can contact the seller to determine whether the parties can work out an agreement or settlement of the issues," he notes.

In fact, some purchase contracts will contain a provision that the buyer and seller must try mediation before the filing of a lawsuit, while other purchase contracts will require that disputes between the buyer and seller must be arbitrated, rather than litigated in court.

If you do end up suing the seller, you could seek monetary damages for the seller's failure to disclose information or misrepresentation of the property. The amount you sue for can include damages for the difference between the amount that the buyer paid and the fair market value of the property at the time of the sale, Zuetel says.