On November 9th at 7 P.M. Al Davis, Professional Real Estate Broker will be holding a 1ST TIME HOME BUYER SEMINAR at the Keller Williams Real Estate Offices in Southlake, Texas. Information regarding everything you'll ever need about buying your first home will be presented. Representatives from Keller Williams Realty, Prospect Mortgage, Capital Title and Platinum Home Inspection Services will be available to answer all questions relating to their particular field of services. Each attendee will be given the book by Gary Keller, "Your First Home".
Right now there are true 100% financing options available to home buyers in many area of the DFW Metroplex. Many of these are perfect for the 1st time home buyer and often these can be purchased with little or no money out of pocket. WHY CONTINUE TO RENT? Most mortgage payments will be less than renting and renting does nothing to lessen your federal tax burden like owning a home does.
Come to our 1st Time Home Buyer's Seminar and let us explain all the benefits of home ownership this coming Tuesday evening, November 9th at 7 P.M. You will be glad you did. Imagine being in your own home for the holidays. No fees or obligation for attendees.
Thursday, November 4, 2010
Thursday, October 21, 2010
Simple Tips to Take the Stress Out of the Home-Buying Process - Focus on the Positives
By Paige Tepping
RISMEDIA, October 20, 2010--For many prospective buyers, the thought of going through the home-buying process is often filled with a lot of stress. From finding a qualified real estate agent, to narrowing down your choice of homes and then packing your belongings and moving across town can be an overwhelming process.
OpenSkyRealEstate.com offers the following tips to help you keep your cool as you begin the process of a buying a home.
-Buying a home is one of the biggest financial decisions you will make in your lifetime, and along with the finances come emotions. When you are choosing a real estate agent to work with, be patient and take the time you need to find an agent that you connect with. Finding a highly-skilled agent who fits with your personality is crucial.
-Every home buyer and seller is in a different situation, so it is important that you don’t compare your timeline and decisions to anyone else’s. As you make your way through the home buying process, remember that there is no right time to buy, just as there is no perfect time to sell. If you find a home that fits your needs, don’t let it slip out of your hands by waiting for interest rates to drop lower as you run the chance of losing out on the home of your dreams.
-It is natural to want to get opinions from those you trust before you make your final choice, but too much input will ultimately make the decision process much harder. Remember to focus on what your immediate wants and needs are so that everyone will be happy with the final decision.
-You probably aren’t going to find a home that is 100% perfect, so it is important to make a list that includes your top priorities that you can’t live without. Be sure to stick to the items on your list and let go of the minor things.
-Negotiation is an important part of the real estate buying process, but be sure you don’t take your negotiating too far. Trying to get an extra-low price or refusing to budge on your offer may cost you the home in the end. Successful negotiation depends on give and take, so make sure you are being fair in your requests.
-Don’t get too caught up in all the physical aspects of a home and forget about the more important issues. While the size of the rooms and the layout of the kitchen might not be exactly what you expected, be cognizant of issues such as noise level, location to amenities and other aspects that will have an impact on your day-to-day life.
-Getting approved for a mortgage should be taken care of well before you find a home and make an offer.
-Create a budget before you move into your new home and be sure to include maintenance and repair costs. Even if you buy a new home, there will be extra costs, so it is important to not come up short and let your new home deteriorate.
-After purchasing a home, a little buyer’s remorse is inevitable, but it will pass. Buying a home is a big financial commitment, but it also yields big benefits. If you are feeling remorseful after buying your home, remind yourself why you wanted to buy a home and what made you fall in love with your new property.
-When choosing a home, buy it because you love it. A home’s most important role is to serve as a comfortable, safe place to live, so don’t get bogged down with thinking about your home’s appreciation.
By Paige Tepping
RISMEDIA, October 20, 2010--For many prospective buyers, the thought of going through the home-buying process is often filled with a lot of stress. From finding a qualified real estate agent, to narrowing down your choice of homes and then packing your belongings and moving across town can be an overwhelming process.
OpenSkyRealEstate.com offers the following tips to help you keep your cool as you begin the process of a buying a home.
-Buying a home is one of the biggest financial decisions you will make in your lifetime, and along with the finances come emotions. When you are choosing a real estate agent to work with, be patient and take the time you need to find an agent that you connect with. Finding a highly-skilled agent who fits with your personality is crucial.
-Every home buyer and seller is in a different situation, so it is important that you don’t compare your timeline and decisions to anyone else’s. As you make your way through the home buying process, remember that there is no right time to buy, just as there is no perfect time to sell. If you find a home that fits your needs, don’t let it slip out of your hands by waiting for interest rates to drop lower as you run the chance of losing out on the home of your dreams.
-It is natural to want to get opinions from those you trust before you make your final choice, but too much input will ultimately make the decision process much harder. Remember to focus on what your immediate wants and needs are so that everyone will be happy with the final decision.
-You probably aren’t going to find a home that is 100% perfect, so it is important to make a list that includes your top priorities that you can’t live without. Be sure to stick to the items on your list and let go of the minor things.
-Negotiation is an important part of the real estate buying process, but be sure you don’t take your negotiating too far. Trying to get an extra-low price or refusing to budge on your offer may cost you the home in the end. Successful negotiation depends on give and take, so make sure you are being fair in your requests.
-Don’t get too caught up in all the physical aspects of a home and forget about the more important issues. While the size of the rooms and the layout of the kitchen might not be exactly what you expected, be cognizant of issues such as noise level, location to amenities and other aspects that will have an impact on your day-to-day life.
-Getting approved for a mortgage should be taken care of well before you find a home and make an offer.
-Create a budget before you move into your new home and be sure to include maintenance and repair costs. Even if you buy a new home, there will be extra costs, so it is important to not come up short and let your new home deteriorate.
-After purchasing a home, a little buyer’s remorse is inevitable, but it will pass. Buying a home is a big financial commitment, but it also yields big benefits. If you are feeling remorseful after buying your home, remind yourself why you wanted to buy a home and what made you fall in love with your new property.
-When choosing a home, buy it because you love it. A home’s most important role is to serve as a comfortable, safe place to live, so don’t get bogged down with thinking about your home’s appreciation.
Tuesday, August 17, 2010
IMPROVE YOUR HOME'S APPEAL
For Your Clients: 10 Low-Cost Tips to Improve Your Home's Appeal
By Paige Tepping
RISMEDIA, August 10, 2010--When selling your home, the goal is to sell it quickly for the highest price while investing as little as possible in renovations. With a limited budget and a little effort, you can greatly increase your home's appeal by focusing on what prospective buyers can see on their first visit. The experts offer the following recommendations for preparing a house for sale and staging it for showings.
Tip #1: Refresh the exterior
First impressions count when it comes to selling a home. Most buyers won’t even leave their car if they don’t find the exterior appealing. The best ways to improve your home’s exterior include:
-Repairing and/or replacing trims, shutters, gutters, shingles, mailboxes, window screens, walkways and the driveway.
-Painting siding, trim and shutters and lamp and mailbox posts.
-Pressure washing vinyl siding, roofs, walkways and the driveway.
-Washing windows.
Tip #2: Spruce up the lawn and landscape
Home buyers associate the condition of your lawn and landscaping with the condition of your home’s interior. By improving the outside, you affect buyers’ impression of the entire property. The best ways to enhance the yard include:
-Mowing and edging the lawn.
-Seeding, fertilizing and weeding the lawn.
-Keeping up with regular lawn maintenance by frequent watering.
-Trimming and/or removing overgrown trees, shrubs and hedges.
-Weeding and mulching plant beds.
-Planting colorful seasonal flowers in existing plant beds.
-Removing trash, especially along fences and underneath hedges.
-Sweeping and weeding the street curb along your property.
Tip #3: Create an inviting entrance
The front door to your home should invite buyers to enter. The best ways to improve your entry include:
-Painting the front door in a glossy, cheerful color that complements the exterior.
-Cleaning, polishing and/or replacing the door knocker, locks and handles.
-Repairing and/or replacing the screen door, the doorbell, porch lights and house numbers.
-Placing a new welcome mat and a group of seasonal potted plants and flowers by the entry.
Tip #4: Reduce clutter and furniture
A buyer cannot envision living in your home without seeing it. A home filled with clutter or even too much furniture distracts buyers from seeing how they can utilize the space your home offers. If you have limited storage space, you may want to consider renting a temporary storage unit to place items you wish to keep. The best ways to declutter your home include:
-Holding a garage sale to prepare for your move, getting rid of unnecessary items.
-Removing clutter such as books, magazines, toys, tools, supplies and unused items from counter tops, open shelves, storage closets, the garage and basements.
-Storing out-of-season clothing and shoes out of sight to make bedroom closets seem roomier.
-Removing any visibly damaged furniture.
-Organizing bookshelves, closets, cabinets and pantries. Buyers will inspect everything.
-Putting away your personal photographs, unless they showcase the home. Let buyers see themselves in your home.
-De-personalize rooms as much as you can.
Tip #5: Clean, clean, clean
The cleanliness of your home also influences a buyer's perception of its condition. The appearance of the kitchen and bathrooms will play a considerable role in a buyer's decision process, so pay particular attention to these areas. The best ways to improve these areas include:
-Cleaning windows, fixtures, hardware, ceiling fans, vent covers and appliances.
-Cleaning carpets, area rugs and draperies.
-Cleaning inside the refrigerator, the stove and all cabinets.
-Removing stains from carpets, floors, counters, sinks, baths, tile, walls and grout.
-Eliminating house odors, especially if you have pets.
-Considering air fresheners or potpourri.
Tip #6: Make minor repairs
The small stuff does count, especially with first-time home buyers. Without dismissing the importance of repairing major items such as a leaky roof or plumbing, you do not need to spend money on replacing these items. Instead, focus on the minor repairs that will make your home visually appealing. The best ways to improve your home include:
-Repairing ceilings and wall cracks.
-Repairing faucets, banisters, handrails, cabinets, drawers, doors, floors and tile.
-Caulking and grouting tubs, showers, sinks and tile.
-Adding fresh paint to ceilings, walls, trim, doors and cabinets.
-Tightening door handles, drawer pulls, light switches and electrical plates.
-Lubricating door hinges and locks.
Tip #7: Showcase the kitchen
The heart of any home is the kitchen. If you are going to spend any money on renovations, this is the one area where you will see the greatest return. Even with a modest budget, focusing on a few key areas can make a great difference in getting the asking price for your property. The best ways to showcase the kitchen include:
-Replacing cabinet doors and hardware.
-Installing under-cabinet lighting.
-Replacing light fixtures.
-Replacing outdated shelving with pantry and cabinet organizers to maximize space.
-Baking cookies or cupcakes for a showing, to create a homey smell.
Tip #8: Stage furniture
Furniture placement can enhance the space of your home while giving buyers an idea of how to best utilize the space with their own belongings. Take some time to rethink how different areas in your house could be used. Some ideas to think about include:
-Moving couches and chairs away from walls in your sitting and family rooms to create cozy conversational groups.
-Creating a reading corner in the master bedroom.
-Clearing an empty room to set up a reading space.
-Turning an awkward space into a home office.
-Setting the dining room table with your best china.
-Set wine glasses in front of the fireplace or next to a Jacuzzi tub.
Tip #9: Light up the house
Create a sense of openness and cheerfulness in your home through its lighting. To improve the lighting try:
-Opening shades and drapes to let the sunshine warm and brighten rooms.
-Installing brighter light bulbs in rooms that tend to be dark.
-Adding additional lamps for ambient lighting.
-Turning on all the lights for a showing.
Tip #10: Add fresh touches
You can easily add color and style to your home by adding fresh touches throughout. Some ideas to consider include:
-Placing fresh floral arrangements in the entry and master bedroom.
-Placing bowls of bright-colored fruit in the family room and the kitchen.
-Filling an empty corner with a potted leafy plant.
-Setting new hand soap in the bathrooms.
-Displaying fresh towels near sinks.
By Paige Tepping
RISMEDIA, August 10, 2010--When selling your home, the goal is to sell it quickly for the highest price while investing as little as possible in renovations. With a limited budget and a little effort, you can greatly increase your home's appeal by focusing on what prospective buyers can see on their first visit. The experts offer the following recommendations for preparing a house for sale and staging it for showings.
Tip #1: Refresh the exterior
First impressions count when it comes to selling a home. Most buyers won’t even leave their car if they don’t find the exterior appealing. The best ways to improve your home’s exterior include:
-Repairing and/or replacing trims, shutters, gutters, shingles, mailboxes, window screens, walkways and the driveway.
-Painting siding, trim and shutters and lamp and mailbox posts.
-Pressure washing vinyl siding, roofs, walkways and the driveway.
-Washing windows.
Tip #2: Spruce up the lawn and landscape
Home buyers associate the condition of your lawn and landscaping with the condition of your home’s interior. By improving the outside, you affect buyers’ impression of the entire property. The best ways to enhance the yard include:
-Mowing and edging the lawn.
-Seeding, fertilizing and weeding the lawn.
-Keeping up with regular lawn maintenance by frequent watering.
-Trimming and/or removing overgrown trees, shrubs and hedges.
-Weeding and mulching plant beds.
-Planting colorful seasonal flowers in existing plant beds.
-Removing trash, especially along fences and underneath hedges.
-Sweeping and weeding the street curb along your property.
Tip #3: Create an inviting entrance
The front door to your home should invite buyers to enter. The best ways to improve your entry include:
-Painting the front door in a glossy, cheerful color that complements the exterior.
-Cleaning, polishing and/or replacing the door knocker, locks and handles.
-Repairing and/or replacing the screen door, the doorbell, porch lights and house numbers.
-Placing a new welcome mat and a group of seasonal potted plants and flowers by the entry.
Tip #4: Reduce clutter and furniture
A buyer cannot envision living in your home without seeing it. A home filled with clutter or even too much furniture distracts buyers from seeing how they can utilize the space your home offers. If you have limited storage space, you may want to consider renting a temporary storage unit to place items you wish to keep. The best ways to declutter your home include:
-Holding a garage sale to prepare for your move, getting rid of unnecessary items.
-Removing clutter such as books, magazines, toys, tools, supplies and unused items from counter tops, open shelves, storage closets, the garage and basements.
-Storing out-of-season clothing and shoes out of sight to make bedroom closets seem roomier.
-Removing any visibly damaged furniture.
-Organizing bookshelves, closets, cabinets and pantries. Buyers will inspect everything.
-Putting away your personal photographs, unless they showcase the home. Let buyers see themselves in your home.
-De-personalize rooms as much as you can.
Tip #5: Clean, clean, clean
The cleanliness of your home also influences a buyer's perception of its condition. The appearance of the kitchen and bathrooms will play a considerable role in a buyer's decision process, so pay particular attention to these areas. The best ways to improve these areas include:
-Cleaning windows, fixtures, hardware, ceiling fans, vent covers and appliances.
-Cleaning carpets, area rugs and draperies.
-Cleaning inside the refrigerator, the stove and all cabinets.
-Removing stains from carpets, floors, counters, sinks, baths, tile, walls and grout.
-Eliminating house odors, especially if you have pets.
-Considering air fresheners or potpourri.
Tip #6: Make minor repairs
The small stuff does count, especially with first-time home buyers. Without dismissing the importance of repairing major items such as a leaky roof or plumbing, you do not need to spend money on replacing these items. Instead, focus on the minor repairs that will make your home visually appealing. The best ways to improve your home include:
-Repairing ceilings and wall cracks.
-Repairing faucets, banisters, handrails, cabinets, drawers, doors, floors and tile.
-Caulking and grouting tubs, showers, sinks and tile.
-Adding fresh paint to ceilings, walls, trim, doors and cabinets.
-Tightening door handles, drawer pulls, light switches and electrical plates.
-Lubricating door hinges and locks.
Tip #7: Showcase the kitchen
The heart of any home is the kitchen. If you are going to spend any money on renovations, this is the one area where you will see the greatest return. Even with a modest budget, focusing on a few key areas can make a great difference in getting the asking price for your property. The best ways to showcase the kitchen include:
-Replacing cabinet doors and hardware.
-Installing under-cabinet lighting.
-Replacing light fixtures.
-Replacing outdated shelving with pantry and cabinet organizers to maximize space.
-Baking cookies or cupcakes for a showing, to create a homey smell.
Tip #8: Stage furniture
Furniture placement can enhance the space of your home while giving buyers an idea of how to best utilize the space with their own belongings. Take some time to rethink how different areas in your house could be used. Some ideas to think about include:
-Moving couches and chairs away from walls in your sitting and family rooms to create cozy conversational groups.
-Creating a reading corner in the master bedroom.
-Clearing an empty room to set up a reading space.
-Turning an awkward space into a home office.
-Setting the dining room table with your best china.
-Set wine glasses in front of the fireplace or next to a Jacuzzi tub.
Tip #9: Light up the house
Create a sense of openness and cheerfulness in your home through its lighting. To improve the lighting try:
-Opening shades and drapes to let the sunshine warm and brighten rooms.
-Installing brighter light bulbs in rooms that tend to be dark.
-Adding additional lamps for ambient lighting.
-Turning on all the lights for a showing.
Tip #10: Add fresh touches
You can easily add color and style to your home by adding fresh touches throughout. Some ideas to consider include:
-Placing fresh floral arrangements in the entry and master bedroom.
-Placing bowls of bright-colored fruit in the family room and the kitchen.
-Filling an empty corner with a potted leafy plant.
-Setting new hand soap in the bathrooms.
-Displaying fresh towels near sinks.
Thursday, August 12, 2010
Housing Market STEADY in Northeast Tarrant County
Are Northeast Tarrant County Homes Selling? The overwhelming answer is YES!
According to the MLS Report for Northeast Tarrant County, homes are selling very well.
SOLD LISTINGS
BEDFORD 202 EULESS 229 HURST 210 COLLEYVILLE 134 GRAPEVINE 189 SOUTHLAKE 166 KELLER 252 NORTH RICHLAND HILLS 306 TROPHY CLUB / WESTLAKE 94
Also homes are selling at an average of 97% of Listed Price. The real shocker is that the homes that are selling, are on the market for an average of only 74.27 days
There is still a concern that more homes are being listed however than are selling. The good news is that as a buyer you will have alot to choose from. You can be extremely picky about the condition, price and location at this time.
If you are a seller at this time, you need to make sure your price is attractive and the condition of your home is incredible. A best practice for selling at this time is to get an off site storage unit and be radical in your decluttering. Ok condition just will not get it anymore in this market. Don't consider your price as taking less any more. Think of it as positioning yourself to take advantage of the really great buys that are out there right now.
It comes down to the supply and demand curve. There are more homes coming on the market than going off the market. To get a great buy right now, get in the market place and get right with your price and condition.
According to the MLS Report for Northeast Tarrant County, homes are selling very well.
SOLD LISTINGS
BEDFORD 202 EULESS 229 HURST 210 COLLEYVILLE 134 GRAPEVINE 189 SOUTHLAKE 166 KELLER 252 NORTH RICHLAND HILLS 306 TROPHY CLUB / WESTLAKE 94
Also homes are selling at an average of 97% of Listed Price. The real shocker is that the homes that are selling, are on the market for an average of only 74.27 days
There is still a concern that more homes are being listed however than are selling. The good news is that as a buyer you will have alot to choose from. You can be extremely picky about the condition, price and location at this time.
If you are a seller at this time, you need to make sure your price is attractive and the condition of your home is incredible. A best practice for selling at this time is to get an off site storage unit and be radical in your decluttering. Ok condition just will not get it anymore in this market. Don't consider your price as taking less any more. Think of it as positioning yourself to take advantage of the really great buys that are out there right now.
It comes down to the supply and demand curve. There are more homes coming on the market than going off the market. To get a great buy right now, get in the market place and get right with your price and condition.
Tuesday, August 10, 2010
For Your Clients: 10 Low-Cost Tips to Improve Your Home's Appeal
By Paige Tepping
RISMEDIA, August 10, 2010--When selling your home, the goal is to sell it quickly for the highest price while investing as little as possible in renovations. With a limited budget and a little effort, you can greatly increase your home's appeal by focusing on what prospective buyers can see on their first visit. The following are recommendations for preparing a house for sale and staging it for showings.
Tip #1: Refresh the exterior
First impressions count when it comes to selling a home. Most buyers won’t even leave their car if they don’t find the exterior appealing. The best ways to improve your home’s exterior include:
-Repairing and/or replacing trims, shutters, gutters, shingles, mailboxes, window screens, walkways and the driveway.
-Painting siding, trim and shutters and lamp and mailbox posts.
-Pressure washing vinyl siding, roofs, walkways and the driveway.
-Washing windows.
Tip #2: Spruce up the lawn and landscape
Home buyers associate the condition of your lawn and landscaping with the condition of your home’s interior. By improving the outside, you affect buyers’ impression of the entire property. The best ways to enhance the yard include:
-Mowing and edging the lawn.
-Seeding, fertilizing and weeding the lawn.
-Keeping up with regular lawn maintenance by frequent watering.
-Trimming and/or removing overgrown trees, shrubs and hedges.
-Weeding and mulching plant beds.
-Planting colorful seasonal flowers in existing plant beds.
-Removing trash, especially along fences and underneath hedges.
-Sweeping and weeding the street curb along your property.
Tip #3: Create an inviting entrance
The front door to your home should invite buyers to enter. The best ways to improve your entry include:
-Painting the front door in a glossy, cheerful color that complements the exterior.
-Cleaning, polishing and/or replacing the door knocker, locks and handles.
-Repairing and/or replacing the screen door, the doorbell, porch lights and house numbers.
-Placing a new welcome mat and a group of seasonal potted plants and flowers by the entry.
Tip #4: Reduce clutter and furniture
A buyer cannot envision living in your home without seeing it. A home filled with clutter or even too much furniture distracts buyers from seeing how they can utilize the space your home offers. If you have limited storage space, you may want to consider renting a temporary storage unit to place items you wish to keep. The best ways to declutter your home include:
-Holding a garage sale to prepare for your move, getting rid of unnecessary items.
-Removing clutter such as books, magazines, toys, tools, supplies and unused items from counter tops, open shelves, storage closets, the garage and basements.
-Storing out-of-season clothing and shoes out of sight to make bedroom closets seem roomier.
-Removing any visibly damaged furniture.
-Organizing bookshelves, closets, cabinets and pantries. Buyers will inspect everything.
-Putting away your personal photographs, unless they showcase the home. Let buyers see themselves in your home.
-De-personalize rooms as much as you can.
Tip #5: Clean, clean, clean
The cleanliness of your home also influences a buyer's perception of its condition. The appearance of the kitchen and bathrooms will play a considerable role in a buyer's decision process, so pay particular attention to these areas. The best ways to improve these areas include:
-Cleaning windows, fixtures, hardware, ceiling fans, vent covers and appliances.
-Cleaning carpets, area rugs and draperies.
-Cleaning inside the refrigerator, the stove and all cabinets.
-Removing stains from carpets, floors, counters, sinks, baths, tile, walls and grout.
-Eliminating house odors, especially if you have pets.
-Considering air fresheners or potpourri.
Tip #6: Make minor repairs
The small stuff does count, especially with first-time home buyers. Without dismissing the importance of repairing major items such as a leaky roof or plumbing, you do not need to spend money on replacing these items. Instead, focus on the minor repairs that will make your home visually appealing. The best ways to improve your home include:
-Repairing ceilings and wall cracks.
-Repairing faucets, banisters, handrails, cabinets, drawers, doors, floors and tile.
-Caulking and grouting tubs, showers, sinks and tile.
-Adding fresh paint to ceilings, walls, trim, doors and cabinets.
-Tightening door handles, drawer pulls, light switches and electrical plates.
-Lubricating door hinges and locks.
Tip #7: Showcase the kitchen
The heart of any home is the kitchen. If you are going to spend any money on renovations, this is the one area where you will see the greatest return. Even with a modest budget, focusing on a few key areas can make a great difference in getting the asking price for your property. The best ways to showcase the kitchen include:
-Replacing cabinet doors and hardware.
-Installing under-cabinet lighting.
-Replacing light fixtures.
-Replacing outdated shelving with pantry and cabinet organizers to maximize space.
-Baking cookies or cupcakes for a showing, to create a homey smell.
Tip #8: Stage furniture
Furniture placement can enhance the space of your home while giving buyers an idea of how to best utilize the space with their own belongings. Take some time to rethink how different areas in your house could be used. Some ideas to think about include:
-Moving couches and chairs away from walls in your sitting and family rooms to create cozy conversational groups.
-Creating a reading corner in the master bedroom.
-Clearing an empty room to set up a reading space.
-Turning an awkward space into a home office.
-Setting the dining room table with your best china.
-Set wine glasses in front of the fireplace or next to a Jacuzzi tub.
Tip #9: Light up the house
Create a sense of openness and cheerfulness in your home through its lighting. To improve the lighting try:
-Opening shades and drapes to let the sunshine warm and brighten rooms.
-Installing brighter light bulbs in rooms that tend to be dark.
-Adding additional lamps for ambient lighting.
-Turning on all the lights for a showing.
Tip #10: Add fresh touches
You can easily add color and style to your home by adding fresh touches throughout. Some ideas to consider include:
-Placing fresh floral arrangements in the entry and master bedroom.
-Placing bowls of bright-colored fruit in the family room and the kitchen.
-Filling an empty corner with a potted leafy plant.
-Setting new hand soap in the bathrooms.
-Displaying fresh towels near sinks.
By Paige Tepping
RISMEDIA, August 10, 2010--When selling your home, the goal is to sell it quickly for the highest price while investing as little as possible in renovations. With a limited budget and a little effort, you can greatly increase your home's appeal by focusing on what prospective buyers can see on their first visit. The following are recommendations for preparing a house for sale and staging it for showings.
Tip #1: Refresh the exterior
First impressions count when it comes to selling a home. Most buyers won’t even leave their car if they don’t find the exterior appealing. The best ways to improve your home’s exterior include:
-Repairing and/or replacing trims, shutters, gutters, shingles, mailboxes, window screens, walkways and the driveway.
-Painting siding, trim and shutters and lamp and mailbox posts.
-Pressure washing vinyl siding, roofs, walkways and the driveway.
-Washing windows.
Tip #2: Spruce up the lawn and landscape
Home buyers associate the condition of your lawn and landscaping with the condition of your home’s interior. By improving the outside, you affect buyers’ impression of the entire property. The best ways to enhance the yard include:
-Mowing and edging the lawn.
-Seeding, fertilizing and weeding the lawn.
-Keeping up with regular lawn maintenance by frequent watering.
-Trimming and/or removing overgrown trees, shrubs and hedges.
-Weeding and mulching plant beds.
-Planting colorful seasonal flowers in existing plant beds.
-Removing trash, especially along fences and underneath hedges.
-Sweeping and weeding the street curb along your property.
Tip #3: Create an inviting entrance
The front door to your home should invite buyers to enter. The best ways to improve your entry include:
-Painting the front door in a glossy, cheerful color that complements the exterior.
-Cleaning, polishing and/or replacing the door knocker, locks and handles.
-Repairing and/or replacing the screen door, the doorbell, porch lights and house numbers.
-Placing a new welcome mat and a group of seasonal potted plants and flowers by the entry.
Tip #4: Reduce clutter and furniture
A buyer cannot envision living in your home without seeing it. A home filled with clutter or even too much furniture distracts buyers from seeing how they can utilize the space your home offers. If you have limited storage space, you may want to consider renting a temporary storage unit to place items you wish to keep. The best ways to declutter your home include:
-Holding a garage sale to prepare for your move, getting rid of unnecessary items.
-Removing clutter such as books, magazines, toys, tools, supplies and unused items from counter tops, open shelves, storage closets, the garage and basements.
-Storing out-of-season clothing and shoes out of sight to make bedroom closets seem roomier.
-Removing any visibly damaged furniture.
-Organizing bookshelves, closets, cabinets and pantries. Buyers will inspect everything.
-Putting away your personal photographs, unless they showcase the home. Let buyers see themselves in your home.
-De-personalize rooms as much as you can.
Tip #5: Clean, clean, clean
The cleanliness of your home also influences a buyer's perception of its condition. The appearance of the kitchen and bathrooms will play a considerable role in a buyer's decision process, so pay particular attention to these areas. The best ways to improve these areas include:
-Cleaning windows, fixtures, hardware, ceiling fans, vent covers and appliances.
-Cleaning carpets, area rugs and draperies.
-Cleaning inside the refrigerator, the stove and all cabinets.
-Removing stains from carpets, floors, counters, sinks, baths, tile, walls and grout.
-Eliminating house odors, especially if you have pets.
-Considering air fresheners or potpourri.
Tip #6: Make minor repairs
The small stuff does count, especially with first-time home buyers. Without dismissing the importance of repairing major items such as a leaky roof or plumbing, you do not need to spend money on replacing these items. Instead, focus on the minor repairs that will make your home visually appealing. The best ways to improve your home include:
-Repairing ceilings and wall cracks.
-Repairing faucets, banisters, handrails, cabinets, drawers, doors, floors and tile.
-Caulking and grouting tubs, showers, sinks and tile.
-Adding fresh paint to ceilings, walls, trim, doors and cabinets.
-Tightening door handles, drawer pulls, light switches and electrical plates.
-Lubricating door hinges and locks.
Tip #7: Showcase the kitchen
The heart of any home is the kitchen. If you are going to spend any money on renovations, this is the one area where you will see the greatest return. Even with a modest budget, focusing on a few key areas can make a great difference in getting the asking price for your property. The best ways to showcase the kitchen include:
-Replacing cabinet doors and hardware.
-Installing under-cabinet lighting.
-Replacing light fixtures.
-Replacing outdated shelving with pantry and cabinet organizers to maximize space.
-Baking cookies or cupcakes for a showing, to create a homey smell.
Tip #8: Stage furniture
Furniture placement can enhance the space of your home while giving buyers an idea of how to best utilize the space with their own belongings. Take some time to rethink how different areas in your house could be used. Some ideas to think about include:
-Moving couches and chairs away from walls in your sitting and family rooms to create cozy conversational groups.
-Creating a reading corner in the master bedroom.
-Clearing an empty room to set up a reading space.
-Turning an awkward space into a home office.
-Setting the dining room table with your best china.
-Set wine glasses in front of the fireplace or next to a Jacuzzi tub.
Tip #9: Light up the house
Create a sense of openness and cheerfulness in your home through its lighting. To improve the lighting try:
-Opening shades and drapes to let the sunshine warm and brighten rooms.
-Installing brighter light bulbs in rooms that tend to be dark.
-Adding additional lamps for ambient lighting.
-Turning on all the lights for a showing.
Tip #10: Add fresh touches
You can easily add color and style to your home by adding fresh touches throughout. Some ideas to consider include:
-Placing fresh floral arrangements in the entry and master bedroom.
-Placing bowls of bright-colored fruit in the family room and the kitchen.
-Filling an empty corner with a potted leafy plant.
-Setting new hand soap in the bathrooms.
-Displaying fresh towels near sinks.
Friday, August 6, 2010
Refinancing??? IT'S A BAD DEAL!
With very, and I mean very few exceptions refinancing is a very poor financial decision. I know all the arguments, I've heard all the reasons why it's suppose to make sense. The only problem....It's not factual. It's conclusion is based on flawed thinking. I'm sorry to burst bubbles out there but it is a fact. Let me explain.
It is generally agreed that you must at least be dropping your current interest rate 2% or more for the numbers to make sense. It's been some time now since we saw 6.5 to 7.5% interest rates. However let's just say that it has only been three years. By refinancing you could look at saving approximately $ 300.00 per month on your monthly house payment. Man that sounds really great, until you really look at what it's costing you.
When you refinance your home you get to pay for a new Owner's Title Policy.
On a $ 200,000 home that's approximately $ 1,500. You pay the loan officer at least a 1% origination fee and thats another $ 2000.00. There will be closing cost fees, underwriting fees, appraisal fees, processing fees, etc. Let's say that amount comes to another $ 1,500 dollars. So to refinance your home you get to shell out approximately $ 5,000. Now they will tell you it won't cost you a dime out of your pocket and that is true. They just roll all the cost into your new loan. Thats called giving back all your equity in one day. But hey you're going to save $ 300. per month. However that means it will take you almost 17 months before you break even, but you've financed it back in an still owe it.
But that's not the worst part. Since you purchased your home, say 3 years ago, you've given the mortgage company approximately $ 50,000 and now you're starting all over from the beginning. You may be saving $ 300. per month but it's cost you approximately $ 55,000 to do it!
Since most families still move around 7 years to a new home, you just may have given up so much money that you can't move at all. Why?, because you've given up so much of your equity.
The way to take advantage of the current low interest rate is to buy another home. You may find the sellers very negotiable, willing to pay your closing costs and more. You also may find a brand new home with far more energy efficient appliances, ac units and radiant barrier construction in the attics.
It may not be the time for you to move right now, but I'm just saying before you refinance your home stop and really give it some thought.
Blessings
Al Davis
It is generally agreed that you must at least be dropping your current interest rate 2% or more for the numbers to make sense. It's been some time now since we saw 6.5 to 7.5% interest rates. However let's just say that it has only been three years. By refinancing you could look at saving approximately $ 300.00 per month on your monthly house payment. Man that sounds really great, until you really look at what it's costing you.
When you refinance your home you get to pay for a new Owner's Title Policy.
On a $ 200,000 home that's approximately $ 1,500. You pay the loan officer at least a 1% origination fee and thats another $ 2000.00. There will be closing cost fees, underwriting fees, appraisal fees, processing fees, etc. Let's say that amount comes to another $ 1,500 dollars. So to refinance your home you get to shell out approximately $ 5,000. Now they will tell you it won't cost you a dime out of your pocket and that is true. They just roll all the cost into your new loan. Thats called giving back all your equity in one day. But hey you're going to save $ 300. per month. However that means it will take you almost 17 months before you break even, but you've financed it back in an still owe it.
But that's not the worst part. Since you purchased your home, say 3 years ago, you've given the mortgage company approximately $ 50,000 and now you're starting all over from the beginning. You may be saving $ 300. per month but it's cost you approximately $ 55,000 to do it!
Since most families still move around 7 years to a new home, you just may have given up so much money that you can't move at all. Why?, because you've given up so much of your equity.
The way to take advantage of the current low interest rate is to buy another home. You may find the sellers very negotiable, willing to pay your closing costs and more. You also may find a brand new home with far more energy efficient appliances, ac units and radiant barrier construction in the attics.
It may not be the time for you to move right now, but I'm just saying before you refinance your home stop and really give it some thought.
Blessings
Al Davis
Pass this along to any First-Time Home Buyers that you know.
RISMEDIA, August 6, 2010--In spite of all the frenzy over selling to first-time buyers this past year, many are still hesitating. While some first-timers aren’t ready to own a home, others would be wise to invest now.
Many first-time buyers want to own a home and can afford to own a home, but they're worried that the market is going to continue to decline and the home won't be worth what they paid for it. However, short-term future value should not matter if the other circumstances are right.
Here are some points from Marte Cliff, a copywriter who specializes in writing for real estate and related industries.
First-time buyers aren't investors. They're buying to own a home for themselves to live in and enjoy. If the home falls in market value a little, so what? They aren't planning to sell.
-Money paid for rent buys a house for someone else to own.
-Rents do rise with supply and demand.
-Homes in most areas are now so inexpensive that first-time buyers may be able to make their payments and set aside a few dollars for maintenance for less than their current rent.
-Interest rates are still low, making inexpensive homes even more affordable.
-With interest rates so low, a few extra dollars per month on a 30-year mortgage could mean a first-time buyer could own the house free and clear within 15-20 years.
-Hesitation could cost big dollars. Just a 1% rise in interest rates will add several hundred dollars per year to even a moderately-priced home. And interest rates are expected to rise.
-This tide will turn, and homes will begin appreciating in value. That trend has already begun in some markets and will begin in others as the foreclosures and short sales are sold.
-Over time, first-time buyers will be earning more while their house payment will remain stable.
Once a first-time buyer has determined that they are ready to take on the responsibility of homeownership, their primary concerns should be:
-Their desire to remain in the home for several years.
-Their ability to make the payments and take care of maintenance without having to give up everything else they now enjoy.
Many first-time buyers want to own a home and can afford to own a home, but they're worried that the market is going to continue to decline and the home won't be worth what they paid for it. However, short-term future value should not matter if the other circumstances are right.
Here are some points from Marte Cliff, a copywriter who specializes in writing for real estate and related industries.
First-time buyers aren't investors. They're buying to own a home for themselves to live in and enjoy. If the home falls in market value a little, so what? They aren't planning to sell.
-Money paid for rent buys a house for someone else to own.
-Rents do rise with supply and demand.
-Homes in most areas are now so inexpensive that first-time buyers may be able to make their payments and set aside a few dollars for maintenance for less than their current rent.
-Interest rates are still low, making inexpensive homes even more affordable.
-With interest rates so low, a few extra dollars per month on a 30-year mortgage could mean a first-time buyer could own the house free and clear within 15-20 years.
-Hesitation could cost big dollars. Just a 1% rise in interest rates will add several hundred dollars per year to even a moderately-priced home. And interest rates are expected to rise.
-This tide will turn, and homes will begin appreciating in value. That trend has already begun in some markets and will begin in others as the foreclosures and short sales are sold.
-Over time, first-time buyers will be earning more while their house payment will remain stable.
Once a first-time buyer has determined that they are ready to take on the responsibility of homeownership, their primary concerns should be:
-Their desire to remain in the home for several years.
-Their ability to make the payments and take care of maintenance without having to give up everything else they now enjoy.
Friday, July 30, 2010
WHY It's a Great Time to Buy a Home
Five Smart Reasons to Buy a Home Now
The economy is stabilizing. Home prices are holding. It's not just as good a time as ever to buy a house. It's one of the best times ever.
Al Davis with Keller Williams DFW presents five overlooked reasons why now is a great time to buy a house.
1. Low mortgage rates serve as an equity shock absorber. When buyers borrow at today's record-low rates, they start building equity as soon as they close. That means they have a little give to absorb a few ups and downs as the still-recovering housing market gains traction.
2. Houses are in move-in condition. Homeowners have continued to spend on maintenance and repair, according to the Harvard Joint Center on Housing. Homeowners who have been holding back kept their houses in good shape while they waited. As those houses enter the market, they are in marked contrast to tattered foreclosures.
3. Terrific houses are coming on the market. Foreclosures are finally starting to clear the system – and this is just the opportunity that owners of many desirable properties have been waiting for.
4. Appraisal regulations are finally aligned with market realities. Fannie Mae has adjusted its appraisal guidelines...again. Now that appraisers have more flexibility to set values that reflect the current market, today's deals will make it over the finish line.
5. Plenty of programs. Homes are more affordable than they have been for years, but communities have stuck by "workforce housing" programs that encourage middle-class families to buy houses. Buyers who qualify can get a big boost by combining one of these programs with today's low mortgage rates.
The economy is stabilizing. Home prices are holding. It's not just as good a time as ever to buy a house. It's one of the best times ever.
Al Davis with Keller Williams DFW presents five overlooked reasons why now is a great time to buy a house.
1. Low mortgage rates serve as an equity shock absorber. When buyers borrow at today's record-low rates, they start building equity as soon as they close. That means they have a little give to absorb a few ups and downs as the still-recovering housing market gains traction.
2. Houses are in move-in condition. Homeowners have continued to spend on maintenance and repair, according to the Harvard Joint Center on Housing. Homeowners who have been holding back kept their houses in good shape while they waited. As those houses enter the market, they are in marked contrast to tattered foreclosures.
3. Terrific houses are coming on the market. Foreclosures are finally starting to clear the system – and this is just the opportunity that owners of many desirable properties have been waiting for.
4. Appraisal regulations are finally aligned with market realities. Fannie Mae has adjusted its appraisal guidelines...again. Now that appraisers have more flexibility to set values that reflect the current market, today's deals will make it over the finish line.
5. Plenty of programs. Homes are more affordable than they have been for years, but communities have stuck by "workforce housing" programs that encourage middle-class families to buy houses. Buyers who qualify can get a big boost by combining one of these programs with today's low mortgage rates.
Thursday, July 29, 2010
LUXURY HOME SALES
Customers ask me what it’s like to sell luxury real estate. As you read below, you’ll discover what it takes to succeed in the luxury real estate market. If you are a consumer you must factor this information in when hiring an agent.
Here’s what you’ll discover when you enter the luxury real estate market:
1. Luxury agents must protect your privacy – The homes they show are appropriate only for a handful of buyers. They may go unlisted to protect a high-profile seller’s privacy. What’s more, they’re often found through personal connections rather than public open houses.
2. Each property requires its own marketing plan – this is because a luxury home will likely be bought by an out-of-state buyer.
3. A good agent will bring the seller only qualified buyers - this may require asking buyers to show asset statements. Qualifying these prospects is different from mortgage prequalification or preapproval, which show that a buyer can borrow to buy. Many luxury-home buyers will use cash or convert other assets to cash. These buyers are asked to demonstrate which assets will go toward the purchase.
4. Working around buyers’ busy schedules is critical!
When you hire me to help you buy or sell your luxury home, you will find an agent who protects your privacy, develops a unique marketing plan, finds only qualified buyers, and is available to service a buyer with a crazy schedule.
If you’re in the market to buy or sell your luxury home then you should call my office today…especially if you want to guarantee you get the privacy and attention you deserve! Call 817-975-6607 or visit www.whenlifemovesyou.com
Here’s what you’ll discover when you enter the luxury real estate market:
1. Luxury agents must protect your privacy – The homes they show are appropriate only for a handful of buyers. They may go unlisted to protect a high-profile seller’s privacy. What’s more, they’re often found through personal connections rather than public open houses.
2. Each property requires its own marketing plan – this is because a luxury home will likely be bought by an out-of-state buyer.
3. A good agent will bring the seller only qualified buyers - this may require asking buyers to show asset statements. Qualifying these prospects is different from mortgage prequalification or preapproval, which show that a buyer can borrow to buy. Many luxury-home buyers will use cash or convert other assets to cash. These buyers are asked to demonstrate which assets will go toward the purchase.
4. Working around buyers’ busy schedules is critical!
When you hire me to help you buy or sell your luxury home, you will find an agent who protects your privacy, develops a unique marketing plan, finds only qualified buyers, and is available to service a buyer with a crazy schedule.
If you’re in the market to buy or sell your luxury home then you should call my office today…especially if you want to guarantee you get the privacy and attention you deserve! Call 817-975-6607 or visit www.whenlifemovesyou.com
Are You Self Sabotaging Your Own Success?
Great Article on Success
Are You Sabotaging Your Own Success?
By Maya Bailey, Ph.D.
RISMEDIA, July 29, 2010--Have you ever felt like you had reached a plateau and could go no higher? If so, you're not alone, many people sabotage their own success. This article teaches you how to reverse self sabotage. In my work as a real estate business coach for the past 14+ years, I have had many people present a similar question, "Why can't I be more successful? Why do I stop myself? I feel like I am my own worst enemy."
If you've ever felt this way, you're probably suffering from a pattern of self sabotage in which you get in your own way. While on the one hand, your conscious mind is saying," I want to be more successful," your subconscious mind is caught in a "Fear of Success syndrome".
There are several things that cause people to be afraid of success:
1. They associate success with stress:
It's a prevailing idea in our society that if you want to be successful, you have to work hard, struggle and strive. Many of my clients have done that and reached a place of "burnout". Then they are faced with the dilemma of wanting to move forward, but having a very unpleasant memory of what it was like before.
They need to work hard at reprogramming the self limiting belief, "To be successful you have to work very very hard," and replace it with an Empowered Belief, such as "I am committed to working smarter not harder."
2. The next self limiting belief that stops people from success is "I'm not worthy or I do not deserve."
Usually we are not scripted to be successful when we were growing up. Rather we were told to fit in and not bring too much attention to ourselves.
We often incurred criticism when we felt too good about ourselves and heard things like, "Who do you think you are?" Being boastful was considered conceited and a definite "no no". Many of us over generalized and made the mistake of thinking that we shouldn't think too highly of ourselves, and if we did someone would shoot us down.
The truth is that a healthy level of self-confidence is necessary to be successful. In addition, happiness is feeling good about you. If you've been carrying any of the old beliefs that make you feel unworthy, I urge you to replace them with empowered beliefs, such as:
* I am more than worthy of prosperity
* I am highly deserving of an abundance of good
* It is now okay for me to feel good about myself
* I give myself permission to feel pride in the work that I do
* As I share my expertise I am worthy of being amply rewarded
Say these Empowered Beliefs to yourself frequently to raise your level of self-confidence.
3. The "gung ho" vs. "comfort zone" conflict
Let's face it; in order to be successful you do have to take a leap of faith and leave your comfort zone. Moving forward always involves some risk.
However, what many people fail to realize is that staying stuck in your comfort zone also involves risk. What risk? It's the risk of not fulfilling your potential, the risk of staying at a low financial level, the risk of never reaching your dreams.
In all of us there is an inner struggle between the part of us that wants us to dream big, and the part of us that wants us to settle for what we have. Usually some inner "conflict resolution" will help you to realize that you can have a win-win between both parts of you.
The "gung ho" part needs to realize that you need a balanced life with plenty of time for self-care and self maintenance. The "comfort zone" part needs to realize that the comfort zone is not safe, and that sensations that are labeled fear can just as easily be labeled excitement as you find the growing edge of your comfort zone and move beyond it.
To reinforce the balance of these two parts of us, I recommend these empowered beliefs:
* It is now safe for me to grow and expand
* I'm committed to creating success in a balanced way
Here's one of my favorites, "In an easy and relaxed manner, in a healthy and positive way, I create total financial success, for the highest good of all".
Let this be your mantra and allow yourself to grow into your full potential with ease and grace.
Dr. Maya Bailey, author of Law of Attraction for Real Estate Professionals, integrates 20 years of experience as a psychologist and 14 years as a business coach with her expertise in the Law of
Attraction. Her powerful work creates a Success formula for professionals ready to double and triple their incomes. Get Dr. Maya's free report, 7 Simple Strategies For More Clients in 90 Days,
by visiting 90daystomoreclients.com.
Are You Sabotaging Your Own Success?
By Maya Bailey, Ph.D.
RISMEDIA, July 29, 2010--Have you ever felt like you had reached a plateau and could go no higher? If so, you're not alone, many people sabotage their own success. This article teaches you how to reverse self sabotage. In my work as a real estate business coach for the past 14+ years, I have had many people present a similar question, "Why can't I be more successful? Why do I stop myself? I feel like I am my own worst enemy."
If you've ever felt this way, you're probably suffering from a pattern of self sabotage in which you get in your own way. While on the one hand, your conscious mind is saying," I want to be more successful," your subconscious mind is caught in a "Fear of Success syndrome".
There are several things that cause people to be afraid of success:
1. They associate success with stress:
It's a prevailing idea in our society that if you want to be successful, you have to work hard, struggle and strive. Many of my clients have done that and reached a place of "burnout". Then they are faced with the dilemma of wanting to move forward, but having a very unpleasant memory of what it was like before.
They need to work hard at reprogramming the self limiting belief, "To be successful you have to work very very hard," and replace it with an Empowered Belief, such as "I am committed to working smarter not harder."
2. The next self limiting belief that stops people from success is "I'm not worthy or I do not deserve."
Usually we are not scripted to be successful when we were growing up. Rather we were told to fit in and not bring too much attention to ourselves.
We often incurred criticism when we felt too good about ourselves and heard things like, "Who do you think you are?" Being boastful was considered conceited and a definite "no no". Many of us over generalized and made the mistake of thinking that we shouldn't think too highly of ourselves, and if we did someone would shoot us down.
The truth is that a healthy level of self-confidence is necessary to be successful. In addition, happiness is feeling good about you. If you've been carrying any of the old beliefs that make you feel unworthy, I urge you to replace them with empowered beliefs, such as:
* I am more than worthy of prosperity
* I am highly deserving of an abundance of good
* It is now okay for me to feel good about myself
* I give myself permission to feel pride in the work that I do
* As I share my expertise I am worthy of being amply rewarded
Say these Empowered Beliefs to yourself frequently to raise your level of self-confidence.
3. The "gung ho" vs. "comfort zone" conflict
Let's face it; in order to be successful you do have to take a leap of faith and leave your comfort zone. Moving forward always involves some risk.
However, what many people fail to realize is that staying stuck in your comfort zone also involves risk. What risk? It's the risk of not fulfilling your potential, the risk of staying at a low financial level, the risk of never reaching your dreams.
In all of us there is an inner struggle between the part of us that wants us to dream big, and the part of us that wants us to settle for what we have. Usually some inner "conflict resolution" will help you to realize that you can have a win-win between both parts of you.
The "gung ho" part needs to realize that you need a balanced life with plenty of time for self-care and self maintenance. The "comfort zone" part needs to realize that the comfort zone is not safe, and that sensations that are labeled fear can just as easily be labeled excitement as you find the growing edge of your comfort zone and move beyond it.
To reinforce the balance of these two parts of us, I recommend these empowered beliefs:
* It is now safe for me to grow and expand
* I'm committed to creating success in a balanced way
Here's one of my favorites, "In an easy and relaxed manner, in a healthy and positive way, I create total financial success, for the highest good of all".
Let this be your mantra and allow yourself to grow into your full potential with ease and grace.
Dr. Maya Bailey, author of Law of Attraction for Real Estate Professionals, integrates 20 years of experience as a psychologist and 14 years as a business coach with her expertise in the Law of
Attraction. Her powerful work creates a Success formula for professionals ready to double and triple their incomes. Get Dr. Maya's free report, 7 Simple Strategies For More Clients in 90 Days,
by visiting 90daystomoreclients.com.
Saturday, July 3, 2010
Timely Article that you might find helpful
Tricks to Keep Your House Cool this Summer
By Paige Tepping
RISMEDIA, July 3, 2010--As the temperatures continue to rise this summer, so does the cost of keeping your home cool. While homeowners across the country come to depend on air conditioners to keep the temperature down during the warm summer months, there are other options that will keep you cool while keeping your energy bill low.
Fans and ceiling fans
-If you’re looking for ways to beat the heat, a ceiling fan can be a great investment for your home. This one appliance can make a room feel 6 or 7 degrees cooler, and even the most power-hungry fan costs less than $10 a month to use if you keep it on for 12 hours a day. Good fans make it possible for you to raise your thermostat setting and save on air-conditioning costs. Fans don’t use much energy, but when air is circulating, it feels much cooler. Ceiling fans are best, but a good portable fan can be very effective as well.
-You should remember that even mild air movement of 1 mph can make you feel three or four degrees cooler. Also, make sure your ceiling fan is turned for summer – you should feel the air blown downward.
Shades, drapes or blinds
-Install white window shades, drapes or blinds to reflect heat away from the house. Close blinds, shades and draperies facing the sun (east-facing windows in the morning and west-facing windows in the afternoon) to keep the sun’s heat out and help fans or air conditioners cool more efficiently. Always remember that the best way to keep your home cool is to keep the heat out.
Internal Heat
-The most common sources of internal heat gain are; appliances, electronic devices and lighting. Be aware of devices in your home that are generating heat and if you have air conditioning, use it wisely.
Don’t put lamps, televisions or other heat-generating appliances next to your air-conditioning thermostat, because the heat from these appliances will cause the air conditioner to run longer. The heat they produce will make the thermostat think your house is warmer than it really is, and your system will run harder than it needs to.
-Unless you absolutely need them, turn off incandescent lights and heat-generating appliances. Replace incandescent bulbs with compact fluorescents; they produce the same light but use a fifth the energy and heat.
-You should also try to avoid heat-generating activities such as cooking on hot days or during the hottest part of the day. If you are cooking, use your range fan to vent the hot air out of your house. By reducing the amount of heat in your home, you will use less energy to cool it.
Plants
-Plant trees or shrubs to shade air conditioning units, but not block the airflow. A unit operating in the shade uses less electricity. Deciduous trees planted on the south and west sides will keep your house cool in the summer and allow the sunlight to warm the house during the winter.
Other things to remember
-Humidity makes room air feel warmer, so reduce indoor humidity. Minimize mid-day washing and drying clothes, showering and cooking. When you must do these things, turn on ventilating fans to help extract warm, moist air.
-Avoid landscaping with lots of unshaded rock, cement, or asphalt on the south or west sides of your home because it increases the temperature around the house and radiates heat to the house after the sun has set.
-If the attic isn’t already insulated or is under-insulated, insulate it now. Upgrading from 3 inches to 12 inches can cut cooling costs by 10%.
Tricks to Keep Your House Cool this Summer
By Paige Tepping
RISMEDIA, July 3, 2010--As the temperatures continue to rise this summer, so does the cost of keeping your home cool. While homeowners across the country come to depend on air conditioners to keep the temperature down during the warm summer months, there are other options that will keep you cool while keeping your energy bill low.
Fans and ceiling fans
-If you’re looking for ways to beat the heat, a ceiling fan can be a great investment for your home. This one appliance can make a room feel 6 or 7 degrees cooler, and even the most power-hungry fan costs less than $10 a month to use if you keep it on for 12 hours a day. Good fans make it possible for you to raise your thermostat setting and save on air-conditioning costs. Fans don’t use much energy, but when air is circulating, it feels much cooler. Ceiling fans are best, but a good portable fan can be very effective as well.
-You should remember that even mild air movement of 1 mph can make you feel three or four degrees cooler. Also, make sure your ceiling fan is turned for summer – you should feel the air blown downward.
Shades, drapes or blinds
-Install white window shades, drapes or blinds to reflect heat away from the house. Close blinds, shades and draperies facing the sun (east-facing windows in the morning and west-facing windows in the afternoon) to keep the sun’s heat out and help fans or air conditioners cool more efficiently. Always remember that the best way to keep your home cool is to keep the heat out.
Internal Heat
-The most common sources of internal heat gain are; appliances, electronic devices and lighting. Be aware of devices in your home that are generating heat and if you have air conditioning, use it wisely.
Don’t put lamps, televisions or other heat-generating appliances next to your air-conditioning thermostat, because the heat from these appliances will cause the air conditioner to run longer. The heat they produce will make the thermostat think your house is warmer than it really is, and your system will run harder than it needs to.
-Unless you absolutely need them, turn off incandescent lights and heat-generating appliances. Replace incandescent bulbs with compact fluorescents; they produce the same light but use a fifth the energy and heat.
-You should also try to avoid heat-generating activities such as cooking on hot days or during the hottest part of the day. If you are cooking, use your range fan to vent the hot air out of your house. By reducing the amount of heat in your home, you will use less energy to cool it.
Plants
-Plant trees or shrubs to shade air conditioning units, but not block the airflow. A unit operating in the shade uses less electricity. Deciduous trees planted on the south and west sides will keep your house cool in the summer and allow the sunlight to warm the house during the winter.
Other things to remember
-Humidity makes room air feel warmer, so reduce indoor humidity. Minimize mid-day washing and drying clothes, showering and cooking. When you must do these things, turn on ventilating fans to help extract warm, moist air.
-Avoid landscaping with lots of unshaded rock, cement, or asphalt on the south or west sides of your home because it increases the temperature around the house and radiates heat to the house after the sun has set.
-If the attic isn’t already insulated or is under-insulated, insulate it now. Upgrading from 3 inches to 12 inches can cut cooling costs by 10%.
Tuesday, June 29, 2010
Mortgage Rates Hit Record Low
Mortgage Rates Drop to Record Low: 30 year fixed mortgage rates dropped to their lowest levels in 39 years according to a new survey released by Freddie Mac, the second largest mortgage finance company.Interest rates on 15 year fixed rates and hybrid adjustable rate mortgage rates reached fresh lows as well. While record low rates and high housing affordability helped the housing market gain ground over the last year, the sector is struggling since the popular home buyer tax credit expired on April 30th.According to a Freddie Mac survey, the average 30 year fixed rate for conventional (non-FHA and VA) mortgages averaged 4.69 percent for the week ended June 24th and is the lowest since Freddie Mac started the survey in April 1971. Still, Freddie Mac's data is at least a week old before they publish it and it has been another week since then. 15 year rates are below 4%. Rates do vary depending on credit, debt ratios, down payment, area of the country, property type, points paid and many more factors.
Friday, June 25, 2010
This absolute Dream Home in North Central Keller has recently been listed for sale by Al Davis of Keller Williams Realty DFW. This incredible home features one of the most spectacular home sites anywhere in the Northeast Tarrant County area. Loaded with mature oaks and native grasses, the home is landscaped to perfection both front and back. Offering approximately 1 acre of pristine land which includes a full coverage sprinkler system, In-Ground Salt Water Pool with Spa, Stone Fireplace, Mosquito Repellant System and Peaceful relaxation garden.
Inside you're welcomed by the dramatic Foyer with massive staircase and Hand Scraped Wood Flooring. To the left a Formal Dining Room suitable for your favorite Formal Dining Occassions. Right of the Foyer a Formal Living Rooms awaits. Just perfect for those times you just want to relax with a good book and enjoy the quiet solitude of the day. The Kitchen is adorned with granite counter tops, tile floors, an island and gas cooking appliances. Upgraded to the max with Sub-Zero Refrigerator, Spacious and Plentiful cabinets, a breakfast bar and open to breakfast area and family room.
This is a 5 bedroom, 5.5 bath home with three living areas, media room and private study.
Tour this home on line at http://vu.realbiz360.com/listing-400235.html
Thanks for stopping by DFW Rea Estate Today
Thursday, May 6, 2010
The Market is BACK !!!!
There is just no way around it, last year was a challenge regarding our property values. However, be of good cheer, the turn around is here! Virtually every city in the metroplex is up substantially over this time last year. According to our local board of realtors statistics, the number of home sales are up an average of 15.6%. Some areas of note are: Southlake...up 61.9%, Colleyville....up 24% and Trophy Club up a wopping 90%.
The other side of the good news is this. Homes in our area are bringing over 95% of their listed price!
Why? The driving factor seems to be the availability of extremely low interest rates. One of my buyers went VA and locked in below 4.5%.
If you're thinking about buying or selling but want to do a little on line research for yourself, go to my web site at http://www.homesbyal.com/. Click on Search the MLS button on the left. Registration NOT required.
Then call me anytime for additional assistance.
Blessings
Al Davis
Monday, April 19, 2010
Free Market Analysis Web Site Launched
A very simple WEB site for finding out the value of your home has recently been launched. I like this site because of it's no frills, simple one page format. Just answer a few short questions and receive a personalized evaluation of your home on line. The impressive report gives you everything you need to know to make informed decisions regarding your families real estate planning. Check it out at: www.freemarketanalysis.net.
Have a Blessed Day
Al Davis
Have a Blessed Day
Al Davis
Welcome to DFW Real Estate Today
In the coming days you will find regular post on the State of DFW real estate. From Hot Properties to the latest in how to finance them. Coming attraction listings, new listings, area open houses, interest rates etc.. Find all the latest information about what's happening in the county, city and neighborhood you live in. You can post questions and get answers on just about anything that is on your mind regarding real estate. Obtain the value of your current home or the value of the home you're considering purchasing. There will be tips on just about every from A to Z regarding home maintenance as well as remodeling tips.
Our Spotlight on area neighborhoods will be informative as well as entertaining. Neighborhoods that are in demand and those that could use a little boost will be discussed and how to help your neighborhood maintain it's value.
Please stop by often and comment honestly on what you need to know.
Have a Blessed Day
Al Davis
Our Spotlight on area neighborhoods will be informative as well as entertaining. Neighborhoods that are in demand and those that could use a little boost will be discussed and how to help your neighborhood maintain it's value.
Please stop by often and comment honestly on what you need to know.
Have a Blessed Day
Al Davis
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