A growing number of homeowners are now hiring Suffolk County NY lawn services to help make their lawn look good. But guess what? Not all Suffolk County NY lawn services are legit, and not all of them really know what they're doing and could end up harming your lawn instead of making it look better.
Homeowners should drill potential Suffolk County NY lawn services about certifications, whether from a national industry group or state and local programs. Even though that doesn't guarantee quality, it does show some education in the field. You should also make sure that any of the Suffolk County NY lawn services you're thinking about using actually has a business license and is insured, so you won't be liable for injuries or damages.
What Some Suffolk County NY Lawn Services Don't Want You to Know
Many Suffolk County NY lawn services tend to mow too frequently and they tend to keep grass on the short side. That's bad for several reasons: It lets sun reach weeds, helping them grow; it can stress and kill your lawn; the grass grows unevenly; and it can make the lawn grow faster, adding to the number of mowings that you end up paying for.
Whether you do it yourself or rely on one of the Suffolk County NY lawn services, never cut more than a third of the length of the grass. Your yard is not a golf course green, and should not be cut short like a putting surface.
Get your soil tested at least every 3 to 5 years. Many Suffolk County NY lawn services don't do this, so you may need to contact someone at your local or state extension service to have this done. This will tell you whether your land is alkaline or acidic and what nutrients are lacking in the soil. Some Suffolk County NY lawn services just apply the same thing to everyone's lawn, regardless of what the soil may actually need. It's well worth the $20 to $40 a soil test may cost to pinpoint any potential problems that may be starting
Many Suffolk County NY lawn services tend to over-fertilize. Industry critics say four or five times a year is too much, and most professionals say there shouldn't be more than 2 feedings each year. Just know that if you hire one of the Suffolk County NY lawn services, they're probably going to put down as much as possible.
Consider the free fertilizer you can get by leaving cut lawn clippings in the grass as opposed to bagging them. Clippings will supply half the food your lawn needs a year. The perfect food for an American lawn is 10% nitrogen. Your lawn clippings are 10% nitrogen. There is no more perfect food for the lawn than the lawn itself.
Most Suffolk County NY lawn services also spray preventative fungicide treatments and other special herbicides, as well as add lime to counter an overly acidic soil. Too much of this stuff on your lawn can actually harm the lawn in the long run. Check around. Some Suffolk County NY lawn services offer an organic service that uses far less chemicals and pesticides.
One recommended treatment that may cut down on the amount of chemicals you need to put on your lawn and fight weeds the more natural way is aeration. Aerating the soil with a core aerator pulls out short plugs of soil that are left on the ground to break down, and creates space for grass to spread out on the lawn. Most legitimate Suffolk County NY lawn services will offer aeration, usually as an added cost.
These are just a few of the things that many Suffolk County NY lawn services won't bother to tell you. We hope you have gained a little more knowledge about your lawn, and more importantly, about your Suffolk County NY lawn service company practices and policies.
For more home improvement tips, visit our Suffolk County NY Home Improvements section of articles and information to your right under Suffolk County NY Real Estate Categories.
There is still confusion today over the difference between Suffolk County NY short sales and foreclosures, so we wanted to hit the highlights of each in this short real estate minute video.
Both Suffolk County NY short sales and Suffolk County NY foreclosures will negatively impact your credit and ability to buy another home, but going the short sale route may give you a better chance of buying another home in a shorter period of time as opposed to allowing your lender to foreclose on your home.
We have other articles and tips pertaining to Suffolk County NY short sales and foreclosures by clicking on the Suffolk County NY Mortgage Info link to your right under Suffolk County NY Real Estate Categories.
A Suffolk County NY cash out refi may soon be a thing of the past, and has in fact, already tumbled from a peak of $320 billion in 2006 to just $32 billion in 2013.
During the housing boom of the mid-2000's, a Suffolk County NY cash out refi became a popular outlet for homeowners. Homeowners were encouraged to think of their homes as ATM's they could easily withdraw cash from, in the form of a cash out refinance.
Decrease in Suffolk County NY cash out refi popularity is due to three reasons:
1. A Suffolk County NY cash out refi is closely tied to an increase in home prices.
Despite jumping 11.5% year-over-year nationally in 2013, inflation adjusted housing prices are still down about 30% from the bubble peak.
In addition, analysts don't expect home prices to continually rise as they did in the bubble years, which could make borrowers less likely to withdraw equity from their homes. Home prices are projected to increase by 4% in 2014 and 2% in 2015 followed by a 2% increase on average in the long term. As a result, many borrowers would still be unable to use a Suffolk County NY cash out refi due to the lack of home equity.
2. A shift in borrower mentality from using their homes as an ATM.
Homebuyers are making more of a concerted effort to pay down or pay off their debts instead of expanding or upgrading. As lending standards tightened after the crash, borrowers' credit quality has improved.
3. A Suffolk County NY cash out refi is not always cheap when compared to alternatives like home equity loans.
While the interest rates on a Suffolk County NY cash out refi are usually lower than those on a home equity loan, they can become expensive once additional loan level pricing adjustments are factored into the equation.
Depending on the FICO/LTV combination, a borrower could pay up to 3% of their mortgage balance upfront or 0.75% additional annual interest rate for a cash out refi. Additionally, cash-outs are not available to high LTV borrowers. Guidelines stipulate that a Suffolk County NY cash out refi is not permitted for borrowers with LTV greater than 85. Finally, closing costs are required for cash-out refinances, but they are not needed for home equity loans.
Given these 3 factors, it would seem unlikely for the Suffolk County NY cash out refi to make a comeback or return to pre-crash levels.
For more mortgage tips and information, check out the link to our Suffolk County NY Mortgage Info under Suffolk County NY Real Estate Categories to your right.
The cost of Suffolk County NY homeownership continues to rise, and is now partly to blame for the recent housing woes.
It had been thought that home sales had slowed due to unusual winter weather in many parts of the country, but buyers seem to be contradicting that theory now that spring has arrived.
According to an analysis by RealtyTrac, the average monthly payment for a three-bedroom home purchased in the fourth quarter of 2013 shot up by 21 percent in the past year. The calculation includes the estimated cost of a mortgage, homeowners insurance, property taxes and maintenance and subtracts the estimated income tax benefit.
Average Cost of Suffolk County NY Homeownership Still Cheaper Than Renting
The average monthly house payment for a three-bedroom home in the 325 counties included in the analysis was $865 in the fourth quarter of 2013, based on a 30-year fixed rate mortgage with an interest rate of 4.46 percent and a 20-percent down payment. That's up from $714 for the same size home in the fourth quarter of 2012, using an interest rate of 3.35 percent.
The rise is due to median home price increases of 10 percent in the 325 counties, along with that increase in the average 30-year fixed mortgage rate, as reported by Freddie Mac.
The danger in the affordability statistics is that median monthly incomes (the minimum income needed to qualify for a median-priced home) are not keeping pace with the rising cost of homes. Even with the increase in the cost of Suffolk County NY homeownership with a mortgage, it's still cheaper to own here and in 91 percent of the counties analyzed than it is to rent a three-bedroom home.
Check out our other articles and news affecting Suffolk County NY homeownership and the Suffolk County NY real estate market in general by clicking on the Suffolk County NY Real Estate News link to your right under Suffolk County NY Real Estate Categories.
Suffolk County NY home sales are beginning to look like the start of a perfect storm for real estate. A combination of frustrated buyers from a lack of inventory, and sellers starting to put their homes on the market may mean the spring selling season could poised for a surge… one for the record books.
Typically, the spring selling season (March through June) is when more than half of all homes in the U.S. are sold. The market is getting a later start than usual this spring due to the bad weather all over the country.
Suffolk County NY home sales declined in February to the lowest level since mid-2012, with the number of contracts signed with the intention of buying falling to the lowest level since 2011.
Applications for mortgages to purchase homes dropped in February to the lowest since 1995, according to an index from the Mortgage Bankers Association that is seasonally adjusted. By mid-March, the gauge regained about 12 percent from that low, while remaining about 17 percent below the level it was during the same week in 2013.
Nationwide, U.S. home prices rose 12.2 percent in February compared to February 2013, up slightly from January's year-over-year pace of 12 percent. The number of available homes remains below the level typical of a healthy market.
Suffolk County NY Home Sales May See Exaggerated Bounce
Fannie Mae and the Mortgage Bankers Association are predicting 2014 Suffolk County NY home sales to see a bit of an exaggerated seasonal bounce due to so many eager buyers wanting to purchase homes.
Lenders expect Suffolk County NY home sales to pick up because so many potential home buyers want to lock in a mortgage ahead of any possible uptick in mortgage rates.
Borrowing costs have risen as the Federal Reserve continues tapering stimulus efforts that have kept interest rates low. Policy makers cut monthly bond purchases to $55 billion this month, from $85 billion last year. Fed Chair Janet Yellen said the program could end this fall and that the benchmark interest rate, which has been close to zero since 2008, may rise six months after that.
Nationally, the supply of homes for sale is bigger than last year, according to the National Association of Realtors. At the current sales pace, it would take 5.2 months to sell the properties on the market in February, compared with 4.6 months a year earlier.
Suffolk County NY home sales are expected to pick up momentum as we head into the second half of April and into May and June. Watch for the housing market, like the rest of the economy, come to live in the next couple of months.
For more on Suffolk County NY home sales, including other news relating to Suffolk County NY real estate, visit our Suffolk County NY Real Estate News section of articles under our Suffolk County NY Real Estate Categories to the right.