Michael Petruccelli asks; Is Generation Y bigger than boomer, but full of financial woe? (5)

Michael Petruccelli says; Credit card debit is high, with 43% carring too much debt on their cards. The average Gen Y holds three credit cards, with 20% of them carring a balance of more than $10,000. They are the least likely of any generation to own their own homes.

Michael Petruccelli asks; Is Generation Y bigger than boomer, but full of financial woe? (4)

Michael Petruccelli says;   Nearly 70% of GenY is not building up a cash cusion, and 56% of those who work admit they have not done anything to build retirement or financial security.

Michael Petruccelli asks; Is Generation Y bigger than boomer, but full of financial woe? (3)

Michael Petruccelli says; Only 56 % of those who work say they're covered by some form of health plan. Just 58% pay their monthly bills on time.

Michael Petruccelli asks; Is Generation Y bigger than boomer, but full of financial woe? (2)

Michael Petruccelli says; Unemployment is rampent amoung these young workers. Thirty-seven percent of 18- 29 year olds are currently unemployed or out of the work force. That is the highest share among this age group in more than 30 years. And they are not faring so well financially.

Michael Petruccelli asks; Is Generation Y bigger than boomers, but full of financial woe? (1)

Michael Petruccelli says; In just 2 years, nearly half of the employees in the world will belong to the Gen-y outnumbering baby boomers and all the other groups of employees at work in 2014. Tecnologically savvy, these workers grew up with computers at home and school. They've spent the majority of their education working in groups, so the their friends and peers so they're adept at communicating and sharing information and ideas with their friends and peers.

Michael Petruccelli asks; What Is Generation Y?

Michael Petruccelli says; They are our youngest generation of employees - those typically born in 1980 or later. This demographic understand bills, and they understand debt. They don't have as many experiences of their own to draw from so they draw from their peer groups experiences and knowlage gained from them almost as their own. The importance of keeping it real is also a priority for most of them.

Michael Petruccelli asks; How do you prepare for an Open House? (9b)

Michael Petruccelli says;  When there are children - Reduce clutter if possible. Children and babies come with a lot of gear. Try to limit what you have out to only what you absolutely need for that day. Try to organize the child/baby gear & toys to a minimum this will help reduce the clutter so the potential buyer can see the house unencumbered. This way they can visualize there belongings in the home. Instead of being overwhelmed by your personal items.

Michael Petruccelli asks; How do you prepare for an Open House? (9)

Michael Petruccelli says;  When there are children - Consider propping baby gates open so the walk through the home is easy and flows. Keep in mind when it comes to the home inspection, the inspector will need easy access to the entire home.

Michael Petruccelli asks; How do you prepare for an Open House? (8b)

Michael Petruccelli says;  When there are pets - Repair pet damage. Scratched or urine soaked wood floor, wood trim, walls or carpet should be repaired or replaced.

Michael Petruccelli asks; How do you prepare for an Open House? (8)

Michael Petruccelli says;  When there are pets - It is best that pets are removed from the premises when possible. Also keep in mind that buyers and inspectors on inspection day need access to the entire home, so the garage and the backyard are not a great idea.

Michael Petruccelli asks; How do you prepare for an Open House? (7e)

Michael Petruccelli says;  Consider having the fireplace & chimney cleaned.

Michael Petruccelli asks; How do you prepare for an Open House? (7d)

Michael Petruccelli says;  Install a clean heating A/C filter. Consider having the A/C unit cleaned & serviced especially if it's been a while.

Michael Petruccelli asks; How do you prepare for an Open House? (7c)

Michael Petruccelli says; Complete a few chores -Dryer vents should be cleaned & cleared of lint. Remove all "creative wiring" such as extension cords used in the attic, basement, on the exterior & the interior of the home.

Michael Petruccelli asks; How do you prepare for an Open House? (7b)

Michael Petruccelli says; Complete a few chores - Clear debris and vacuum under the refrigerator. Remove and clean all debris from the tub, shower & sink drains.

Michael Petruccelli asks; How do you prepare for an Open House? (7)

Michael Petruccelli says; Complete a few chores - Remove debris from gutters & downspouts. Trim shrubs away from the foundation & A/C condenser unit. Remove wood, debris or stored items away from foundation. The inspector will need a clear view of the homes foundation for the inspection.

Michael Petruccelli asks; How do you prepare for an Open House? (6d)

Michael Petruccelli says;  Make some necessary repairs - If you have any water penetration issues, in the basement for example, it's better to address it now, rather than later.

Michael Petruccelli asks; How do you prepare for an Open House? (6c)

Michael Petruccelli says;  Make some necessary repairs - Eliminate anything that wiggles, shakes or teeters. While a homeowner may know where to grab the basement hand rail so it doesn't wobble, buyers won't and inspectors will be sure to list the item in their report.

Michael Petruccelli asks; How do you prepare for an Open House? (6b)

Michael Petruccelli says;  Make some necessary repairs - Make sure all light switches operate properly, eliminating any "mystery switches" that could give buyers doubts about the quality of the electrical system.

Michael Petruccelli asks; How do you prepare for an Open House? (6)

Michael Petruccelli says;  Make some necessary repairs - Repair leaks, drips or water stains. If there is any water anywhere it shouldn't be, it's time to take care of it and repair the damage left behind.

Michael Petruccelli asks; How do you prepare for an Open House? (5d)

Michael Petruccelli says;  - Make sure it works - Replace any burned out light bulbs. You don't want to leave any questions about the integrity of the electrical system. A bright & welcoming environment always shows better.

Michael Petruccelli asks; How do you prepare for an Open House? (5c)

Michael Petruccelli says;  - Make sure it works - Make sure appliances are working; refrigerator, dishwasher, oven, microwave, garbage disposal, also washer & dryer if included in the sale of the home. If you have pets pulling the appliance away from the wall and cleaning any pet hair from behind & under the appliance. This also helps the performance & life of your appliances if done on a regular basis.

Michael Petruccelli asks; How do you prepare for an Open House? (5b)

Michael Petruccelli says;  - Make sure it works - Make sure all smoke detectors are working and have fresh batteries. Make sure CO detectors are installed & also have fresh batteries.

Michael Petruccelli asks; How do you prepare for an Open House? (5)

Michael Petruccelli says;  - Make sure it works - All door locks should be operable. Doors should open & close properly, and with ease.

Michael Petruccelli asks; How do you prepare for an Open House? (4)

Michael Petruccelli says;   Make sure it is on - Make sure the sprinkler system is turned on. The A/C system is on as seasonally applicable. All utilities should be on (electric, gas,water and all pilot lights).