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Pending Home Sales on the Rise

by Vicki Graham, #1 Properties, Vicki@GrahamHouse.com

Wyoming is a Non Disclosure State

by Vicki Graham, #1 Properties, Vicki@GrahamHouse.com

Have you ever wondered why home price values are different from the list price when looking up a property on line; it's because Wyoming is a Non-disclosure state. 

What does that mean?  

Whether you're buying or selling, finding an accurate property value is key. It helps if you can find out what the property last sold for, but some states (Alaska, Idaho, Kansas, Louisiana, Mississippi, some counties in Missouri, Montana, New Mexico, North Dakota, Texas, Utah and Wyoming) according to the National Association of Realtors are non disclosure states which means that the final sales price is not reported. Despite that, you can use other sources to figure out the value of a house.

For the most accurate valuation, call me.

Four Productivity Enhancing Tips

by Vicki Graham, #1 Properties, Vicki@GrahamHouse.com

Can Granite Film Really Fool the Eye

by Vicki Graham, #1 Properties, Vicki@GrahamHouse.com

Copyright 2012 NATIONAL ASSOCIATION OF REALTORS®

 

1000 Words Can Make You Immortal

by Vicki Graham, #1 Properties, Vicki@GrahamHouse.com

1000 Words Can Make You Immortal
Like this graphic? Get more content marketing tips from . About the Author: Brian Clark is founder of Copyblogger, CEO of Copyblogger Media, and Editor-in-Chief of Entreproducer. Get more from Brian on Google+.

How To Restore Your Yard after a Mild Winter

by Vicki Graham, #1 Properties, Vicki@GrahamHouse.com

How-To: Restore Your Yard after a Mild Winter

With a relatively small amount of snow accumulation around the country, the winter of 2012 stood in sharp contrast to the record-breaking winter of 2011. Without this snow cover or "white fertilizer" to act as insulation, lawns were left exposed to strong winter winds resulting in desiccation, or extreme drying. Add to this a spring with unusually mild temperatures arriving ahead of schedule and it means that homeowners could face a unique set of challenges this spring.

The following tips, compiled by SavATree, can homeowners counteract some of the common issues that come with an "open winter" and recover a lush, green landscape this spring:

Turn On the Water - Returning moisture to the crowns of your grass is essential. As soon as possible, begin watering your lawn to restore nutrients and combat the damage done by high winds. Irrigate long and infrequently rather than daily for short intervals. It is best to water each zone for 30+ minutes every other day than watering 15 minutes each day. By longer, infrequent watering the moisture will actually penetrate deeper into the ground resulting in the roots going down deeper for the water; a benefit now and during the stresses of summer heat.

Mow Early and Often - When it comes to mowing, it's better to be too early than too late. As grass grows and pushes last year's desiccated tissue to the top, sharp blades will take it off cleanly and make room for new, healthy grass. Mow often as grass grows quickly in the spring, but try to set your blades at 3" or higher so as not to remove more than 1/3 of leaf blade. Leaving clippings on your lawn, rather than bagging, will help speed the return of nutrients to the soil.

Aerate - Aerating your lawn will help improve water, air and nutrient movement in the soil and also reduce compaction and break down thatch. Compaction and thatch make growing grass more difficult, because they impede air and water movement to the soil and work to weaken your lawn's root system. Desiccation is also less of an issue for well-aerated soil since water is able to move more freely through it, making the grass above much more resistant to drought.

Control Pests - Milder temperatures typically allow greater numbers of insects to survive the winter and an early spring can mean a longer growing season and more generations of certain insects. Specifically, residents of New England might encounter an unusually high volume of deer ticks and the woolly adelgid—an insect that attacks hemlock trees—this season. The best way to keep these pests in check is to contact a certified arborist to evaluate your property and recommend a safe and effective solution.

Prevent Disease - When buds begin to swell and break open earlier in the season, diseases such as dogwood anthracnose, apple scab and leaf spots are able to gain an early foothold. The best approach to protecting against these diseases is preventive. By addressing and treating for these diseases ahead of time, you can lessen the chance of damage to your trees and shrubs during an early spring.

Source: www.savatree.com

Warren Buffet Touts Homes over Stocks

by Vicki Graham, #1 Properties, Vicki@GrahamHouse.com

 

Visit houselogic.com for more articles like this.

Copyright 2012 NATIONAL ASSOCIATION OF REALTORS®

 

 

Renting vs. Buying: It's All about Finances

by Vicki Graham, #1 Properties, Vicki@GrahamHouse.com

 

 

By Paul Owers

(MCT)—Renters often hear jeers that they’re paying somebody else’s mortgage.

They feel pressure to escape rent increases and take advantage of low home prices last seen a decade ago.

But a home still may be a stretch financially. And prices may decline further, embittering new owners who see their prized asset lose value.

For most, the decision boils down to whether their jobs are stable, how much savings they would have after buying, and how long they intend to stay in the area.

Housing industry experts weighed in on the rent vs. buy debate in three hypothetical case studies:
Scenario One: A police officer making $60,000 a year, newly married, currently renting a two-bedroom apartment for $1,500, never owned a home before.

Jim Flood, regional manager for Supreme Lending in Boca Raton, Fla., says he’d work with the officer to determine his cash position.

A new homeowner still should have at least two to four months’ of cash in savings after buying, Flood says. Assuming he has the appropriate savings and his job is safe, the officer is a good candidate to own, Flood says.

If he put down 3.5 percent on a $150,000 home and had an interest rate of about 4 percent, his total monthly payment (principal, interest, taxes and insurance) would be roughly $1,100—a savings of $400 from what he pays in rent.

Bottom line: Easy call. Buy.

Scenario Two: Recent college graduate, living with her parents, monthly payments of $300 for a car and $400 for student loans, has minimal savings and a $40,000-a-year job, but is willing to relocate for another.

The car and student loan debts are the biggest obstacles to buying, Flood says. She’d have to buy a small home or condominium, but she’s likely better off staying a renter.

“If it was my daughter, I’d tell her to pay off the car or student loans and save more money for a rainy day,” Flood says.

Randy Bianchi, co-owner of Paradise Properties of Florida in West Palm Beach, Fla., agrees, adding that the uncertainty over how long she’ll be in the area is another concern. Plan to live in a home you buy for at least five years, experts say.

“Homes are cheap right now, but owning will tie you down,” Bianchi says.

Bottom line: Stay with parents or rent cheaply.

Scenario Three: Retired couple in their mid-60s, small pension, just sold their house for a $15,000 profit, looking to stay in the area and downsize.

The major factor here is the modest profit on the home sale. It’s not enough to buy another home or condo outright or to significantly pay down a mortgage on a new place, said Michael Citron, a real estate agent in Broward County, Fla.

The couple likely would spend $1,200 to $1,500 a month on a mortgage and association dues, but probably only about half that amount if they moved into a 55-and-over rental community, Citron says.
“That’s much more manageable for them,” he says. “The lawn is taken care of and they can call maintenance if anything needs to be fixed. They just don’t have enough money to buy a home.”

Bottom line: Rent.
 


©2012 the Sun Sentinel (Fort Lauderdale, Fla.)
Distributed by MCT Information Services 

3 Hot Trends for Kitchen Remodeling in 2012

by Vicki Graham, #1 Properties, Vicki@GrahamHouse.com

 

Visit houselogic.com for more articles like this.

Copyright 2012 NATIONAL ASSOCIATION OF REALTORS®

 

 

Displaying blog entries 1-9 of 9

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Photo of Vicki Graham, Broker Associate Real Estate
Vicki Graham, Broker Associate
#1 Properties
6106 Yellowstone Rd.
Cheyenne WY 82009
(307) 631-6884
307-773-8454