Here Comes The Sun


 Why you should apply for a loan on a sunny day. Fun Fact:

A new study reveals an unusual correlation between the weather and mortgage approvals. Cleveland Fed researchers scoured data from the National Oceanic and Atmospheric Administration from more than 2,000 U.S. counties from 1998 to 2010 for the study.

The study suggests a positive sentiment emerges in sunny weather, which leads to higher credit approvals. On the other hand, rainy days make lenders tighter with the credit.

The sun doesn’t appear to fire up applications much, but researchers say the percentages are noteworthy. “Sunny sentiment” was found to boost credit application approvals by 0.80 percent. On overcast days, however, approvals dropped by 1.41 percent, the study found.

Not sure if this is true but I would go your loan application on a sunny day! Like the song says: “It’s going to be a bright, bright, sunshiny day.”

Information courtesy of


What People Say About Your Home When You’re Not There


I have heard every one of these comments at one time or another:

If you’re putting your home on market, you’re probably dying to know what home buyers will have to say as they tour your property. While you hope there’ll be nothing but oohs and aahs, that’s not always the case.

Just so you know what potential buyers are really thinking when you’re not there, we asked Realtors® to reveal some of the most noteworthy—and cringeworthy—statements they’ve overheard as potential buyers inspect the goods. Wince, take note, and act accordingly.

‘What’s that smell?’

When Heather Witt Leikin, a real estate adviser at The Partners Trust, was asked about a home’s odor recently during a tour, she had what she thought was a logical answer: The smell was of carpet cleaner, because the owners had just cleaned the rugs for the showings. Sure they looked nice, but the smell was harsh, nasty even—so much so that the buyer said, “I could never live here” and scrammed. Odious odors, by far, top the list of things home buyers comment on. Here are some of their favorite things to say:

  • ‘Did someone die in here?’ “I have shown homes where the smell was so bad that the clients asked, ‘Did someone die in here and their body is in here decomposing?’” says Maryjo Shockley, a Realtor with Keller Williams.
  • Wow, this place smells like a dog, cat, hamster, ferret, etc.’ No, we’re not sure what ferrets smell like either. But do your best to keep pet odors in check by regularly grooming your critters, cleaning litter boxes, and making sure they don’t leave a scent trail of any kind.
  • A smoker lives here—let’s leave’ “If it smells of tobacco smoke, more and more people walk in, take a few whiffs, and then walk right back out,” says Cara Ameer, a Realtor with Coldwell Banker.

It goes without saying that a good cleaning and opening the windows will eliminate most funky smells, but if an odor won’t budge, consider lighting some scented candles. And since even cleaning products can have an off-putting scent, Witt Leiken suggests leaving some time between shampooing those carpets and putting your place on the market.

I don’t know where you’ll keep your clothes, honey’

Here’s a joke frequently heard by Wendy Flynn, a Realtor with Keller Williams in College Station, TX: A couple walks into a closet. One person turns to the other and says, “Well, this closet is great, but I don’t know where you’ll keep your clothes, honey!”

Joke or not (and we’re not entirely sure it is one) , there’s a huge grain of truth here: Every inch of storage space matters. Even if you have to store clothing and accessories elsewhere, it pays to make your closets look as spacious as possible. Remove stuff.

Wow, these people take a lot of meds’

You’ve been warned: “Buyers will open kitchen cupboards, medicine cabinets, and anything else they feel they need to see to make a decision on the home,” says Shockley. And that can come with some snide commentary on your stash of Zoloft, Viagra, or prescription laxatives. So do yourself a favor and hide your medicine some place safe, like inside your nightstand (even the most prying home buyer usually won’t go there).

Adults live here?’

This is one of Shockley’s personal favorites. The questions came as buyers toured a home that featured a Disney theme throughout. As much as you (or your kids) may love your “Frozen” shower curtain and Elsa and Anna salt and pepper shakers, try to stick with neutral decor, says Natalya Price, a home stager and Realtor with Coldwell Banker in Summit, NJ.

The house seems dark and depressing’

Even if your home is pristine, dark or dimly lit rooms are a mood killer, say Realtors. Luckily, this is a flaw that can easily be remedied, even if your home doesn’t get tons of natural light.

For starters, be sure to pull back the curtains, take them down completely, or switch them to a sheer material that lets in light but maintains your privacy. And if you need even more help, flip on every switch or get more lamps. Many buyers won’t care if they’re basking in sunlight or lamplight as long as it’s bright.

It’s awfully loud’

Since homes are supposed to be our place of refuge, noise—from traffic to rowdy neighbors—can be a huge turnoff. So if you live in a noisy area, do what you can to block it out by planting trees and shrubs between your home and the road, or between you and our neighbors’ yards. You can also get soundproof windows, which could be well worth the investment.

If these walls had a fresh coat of paint…’

Betsy Bingle, an associate broker with LintonBingle Associate Brokers, says she often hears buyers say, “If this had a fresh coat of paint it would make it so much nicer!” Talk about a missed opportunity.

“It’s true that a nice bright coat of paint goes a long way,” Bingle says. “It is an inexpensive way to brighten up any space.” And to get top dollar on your home, of course.

Courtesy of

Liz Alterman is writer who has covered a variety of subjects, from personal finance issues for to career advice for The Muse. Her hobbies include reading, baking, and failed attempts at gardening.