Sposen Homes Blog

     

At Sposen Homes, we understand that buying a home is one of the biggest financial decisions you’ll ever make. That’s why we want to help you make informed decisions about financing your new home. In this blog post, we’ll explain how buy down rates can help you afford your dream home and maximize your budget.

What is a Buy Down Rate?

A buy down rate is a mortgage financing option that allows you to pay an upfront fee to lower your interest rate and monthly mortgage payments for the first few years of your loan. This upfront fee can be paid by you, the seller, or even a third party. Continue reading ..

As the temperatures rise and the flowers bloom, spring is the perfect time to give your house some much-needed TLC. Here are 10 ways to care for your house this spring:

1. Clean Gutters and Downspouts: Your gutters and downspouts may have accumulated leaves, twigs, and other debris that can block the flow of water. This can lead to water damage, so it’s important to clean them out in the spring. Use a ladder to access the gutters and scoop out any debris by hand or with a gutter scoop. Then, use a garden hose to flush out any remaining debris, and check that the downspouts are flowing freely.

2. Check the Roof: Winter weather can take a toll on your roof, so it’s important to check for any damage in the spring. Look for loose or missing shingles and check for any signs of leaks or water damage. If you notice any problems, contact a professional roofer to address them before they become more serious.

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Culverts are a type of drainage structure commonly used in home construction to manage the flow of water around and beneath a property. They are typically installed in areas where water tends to accumulate, most commonly along the edges of driveways or roads.

The Role of Culverts in Home Construction

Culverts play a crucial role in managing the flow of water around and beneath homes. They are installed in areas prone to water accumulation, such as along driveways and roads. Culverts come in various shapes and sizes, and they’re constructed using durable materials like concrete to channel water from one area to another without causing soil erosion or damage to surrounding properties.

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Lighting can have a big impact on the design of your home. It can give a room a warm and inviting feel or create a dramatic atmosphere. Proper lighting can also make a room look larger or smaller than it is, depending on how you use it. When planning your home’s design, consider the type of lighting that will bring out the best features of the room. You can use task lighting for activities such as reading, accent lighting to highlight artwork or other special features, and general lighting to provide overall illumination. By carefully placing lights in strategic spots, you can create a powerful design statement that really brings out the beauty of your home.

kitchen and dining room with transitional lighting

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Forbes just released an article on the best places to live in Florida. Cape Coral ranked higher than both Orlando and Miami. Florida has been a popular destination for retirees due to its warm weather and beautiful beaches. In recent years, more working families have started moving into the state because of no state income taxes and the low cost of living. To determine the best places to live in Florida, Forbes analyzed data from the median home price, unemployment rate, crime rate, and personal income.   Continue reading ..

When you purchase property it’s important to know key terminology you will hear when a survey is obtained showing boundaries of the land. Here are some common terms you will most likely hear.  

What is A Right of Way? 

Right of way is the legal right to pass through the grounds or property someone else owns and the right to build or operate a road on the land. These can be public or private and are common if your property cannot be accessed without going through someone else’s. They grant the holder of the right of way the right to travel over another’s property. Right of way easements are the most common type of easement.  Continue reading ..

When looking for a new home, there are plenty of benefits to buying or building a new construction home. These homes ensure that the building codes are up to date, and everything is new.

Buying a Move-in Ready New Construction Home 

If you decide to purchase a move-in ready home, there is no hassle of waiting months for your home to be finished and ready for you to move in. This saves you time and energy while still giving you the newly built home of your dreams. They also include popular features most people look for in a new home. Like open concept layouts, updated bathroom styles, stainless steel appliances and upgraded flooring and countertops.  These are great options if you don’t want to wait until the whole building process is complete to move in.  
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“Nearly 25% of U.S. homebuyers are looking to move out of their current metro areas, with many people turning their attention to cities in Florida as their next place to call home, according to a new study.”  – Fox Business

Historically speaking, Florida’s real estate market has been resilient after a hurricane. People are rebuilding in areas hit the hardest by Hurricane Ian. Homeowners know what their land is worth and reinvesting in their property.   Continue reading ..

Beginning January 1, 2023, new efficiency standards for A/C units will take effect. The new regulations will focus on the energy efficiency of air conditioning systems. The new rating for the South will be 15 SEER. 

What is a SEER rating? 

The seasonal energy efficiency ratio (SEER) measures the energy efficiency of an A/C unit. It is a maximum efficiency rating, so the higher the SEER number… Continue reading ..

Builder’s risk insurance helps protect buildings under construction. For a home builder, it minimizes the risk that they take for potential property damage that could occur during the construction on a property. A construction project is protected from property damage from fire, lightning, hail, explosions, theft, vandalism, and natural disasters. 

Who needs it? 

Builder’s risk insurance is needed by anyone that has a financial interest in the construction project. This includes the property owner, builder, general contractor, subcontractors, and any lender providing financial investment in the project. It is always a good idea to make sure you are covered so that you are not personally liable in case something happens. Continue reading ..