Saturday, November 27, 2010

"Real Estate Deals" during the Holiday Season!


Everyone loves a great deal, which is why an estimated 138 million shoppers could be hunting for bargains during the Black Friday weekend. While deals on iPads, smart phones and big screens are sure to be had, there is another category waiting for the right buyers: real estate.

As we approach the holiday season, there are traditionally less buyers in the market, which could mean more opportunity for you. And, closing costs, inspection repairs, mortgage points, etc. are great negotiating tools for a motivated seller who wants to head into the New Year with an “under contract” or “sold” status.


So, if you’re in the market for a home, don’t let the Black Friday madness put you in the red. This holiday may be the once-in-a-year opportunity you’ve been waiting for, especially if you’re a first time buyer. But make sure you’re camped out in front of the line.

•Have you met with a loan officer to get pre-approved, not just pre-qualified?
•Do you know the details of the foreclosure/short sale process vs. a traditional sale?
•Have you set the budget that you’re comfortable with, not what the bank says you can afford?
•Do you understand the market value of the communities you desire so you can make a fair offer?
•Have you committed yourself to homeownership even if it means giving up some Black Friday bargains?

*Please feel free to email me at mgoslee@cbpref.com with any questions you may have regarding buying and/or selling real estate*

Article by: Marsha Webster, Real Estate Groupie

Friday, November 19, 2010

10 Ways To Winterize Your Home


You'll get a season's worth of savings and peace of mind by taking a few steps to get your home ready for cold weather. You'll be a lot less comfortable in the coming months if you haven't girded Home Sweet Home for Old Man Winter.

1. Clean those gutters
Once the leaves fall, remove them and other debris from your home's gutters -- by hand, by scraper or spatula, and finally by a good hose rinse -- so that winter's rain and melting snow can drain.

2. Block those leaks
One of the best ways to winterize your home is to simply block obvious leaks around your house, both inside and out, experts say. The average American home has leaks that amount to a nine-square-foot hole in the wall, according to EarthWorks Group.

3. Insulate yourself
"Another thing that does cost a little money -- but boy, you do get the money back quick -- is adding insulation to the existing insulation in the attic," says Lipford. "Regardless of the climate conditions you live in, in the (U.S.) you need a minimum of 12 inches of insulation in your attic."

4. Check the furnace
First, turn your furnace on now, to make sure it's even working, before the coldest weather descends. A strong, odd, short-lasting smell is natural when firing up the furnace in the autumn; simply open windows to dissipate it. But if the smell lasts a long time, shut down the furnace and call a professional.

5. Get your ducts in a row
According to the U.S. Department of Energy, a home with central heating can lose up to 60% of its heated air before that air reaches the vents if ductwork is not well-connected and insulated, or if it must travel through unheated spaces. That's a huge amount of wasted money, not to mention a chilly house.

6. Face your windows
Now, of course, is the time to take down the window screens and put up storm windows, which provide an extra layer of protection and warmth for the home. Storm windows are particularly helpful if you have old, single-pane glass windows. But if you don't have storm windows, and your windows are leaky or drafty, "They need to be updated to a more efficient window," says Lipford.

7. Don't forget the chimney
Ideally, spring is the time to think about your chimney, because "chimney sweeps are going crazy right now, as you might have guessed," says Ashley Eldridge, director of education for the Chimney Safety Institute of America. A chimney should at least be inspected before use each year. "I've seen tennis balls and ducks in chimneys," he says.

8. Reverse that fan
"Reversing your ceiling fan is a small tip that people don't often think of," says Lipford. By reversing its direction from the summer operation, the fan will push warm air downward and force it to recirculate, keeping you more comfortable. (Here's how you know the fan is ready for winter: As you look up, the blades should be turning clockwise, says Lipford.)

9. Wrap those pipes
A burst pipe caused by a winter freeze is a nightmare. Prevent it before Jack Frost sets his grip: Before freezing nights hit, make certain that the water to your hose bibs is shut off inside your house (via a turnoff valve), and that the lines are drained, says Broili. In climes such as Portland, Ore., or Seattle, where freezing nights aren't commonplace, you can install Styrofoam cups with a screw attachment to help insulate spigots, says Broili.

10. Finally, check those alarms
This is a great time to check the operation -- and change the batteries -- on your home's smoke detectors. Detectors should be replaced every 10 years, fire officials say. Test them -- older ones in particular -- with a small bit of actual smoke, and not just by pressing the "test" button. Check to see that your fire extinguisher is still where it should be, and still works. Also, invest in a carbon-monoxide detector; every home should have at least one.

Article By Christopher Solomon of MSN Real Estate