It's Your Move!

Should You Buy a Home?

2011-02-06T16:00:00.000-05:00

The Zillow Home Value Index fell 26% (national average) since its peak in June 2006. That’s a greater decline than seen in the Depression-era years of 1928 to 1933.

According to Zillow.com, "November marked the 53rd consecutive month of home value declines, with the Zillow Home Value Index (ZHVI) falling 0.8% from October to November, and falling 5.1% year-over-year.” Remember these are national figures, not Rochester-specific.

However, all signs point to an increase in consumer confidence and the economy getting better. Maybe. But, if you’ve been watching, waiting, and wondering, when to buy ... . Now’s the time to take note. While no one can predict what will happen with the housing market, some experts are reporting that an uptrend will occur later this year. They’re basing their beliefs on the job market (some predictions indicate it will improve half-way through this year), and "Homebuilder exchange traded funds are above their 200-day moving averages,” according to ETFTrends.com

Signs indicate you could possible buy low now, and sell high later.

A simple way to look at real estate is to understand your specific needs, wants, and long-term goals. Do you need a place to live? Are you planning to stay in your home for at least a couple of years? (Most buyers live in their home on average seven years). Does owning your home matter? Have you saved money for a downpayment?

Answering these questions will help point you in the right direction. Timing the market is like trying to win the lottery. There is no absolute way to know when it’s the bottom of the real estate market. That’s why you must know your specific needs, wants, and long-term goals.

If your needs include a home to live in for a lengthy period of time, then homeownership will likely rank higher on your priority list. If building credit, potential of appreciation–yes, there is still appreciation–especially when you buy a sensibly priced home in a good location. However, the appreciation may be slower and not shoot up into the double digits that we saw in some areas.

Consider this, with high inventory, sellers are motivated. You can scoop up a home at a perfect price and you can minimize your potential for low appreciation. If you choose a home that is in the lower-tier of prices (and still within your target price), your home will be less vulnerable in down markets and better situated in up markets because the higher-priced homes help elevate your home’s value.

Homeownership has many benefits including tax deductions, the opportunity to make your own creative changes to your home, and the potential for income if you later rent it out.

Study Says Marriage is Good for You

2011-01-30T18:30:00.000-05:00

Remember that old joke, "Take my wife... please."?

Well a new study suggests marriage is actually good for your health.

British researchers found that on average, married people live longer than their single peers. They say marriage appears to improve the mental health of women and the physical health of men.

But not all relationships are good for you. The study found single people have better mental health than those in troubled relationships and that divorce can have a devastating impact as well. Well, that's probably one of those things that you didn't need a study to figure out, either.

So, get in a good relationship and live longer... but you could still be hit by a bus tomorrow. Cheers!

Why Buyers are Buying...

2011-01-23T20:41:00.001-05:00

The Wall Street Journal is reporting that “affordability” is the top reason for home buying in 2010.

It is evident that affordability would be a top reason, especially in these unstable market conditions. Buyers, as always, are looking for a bargain but, more than ever, they’ve been enticed by low home prices and low interest rates, according to a survey by Weicher Realtors, Inc.

The survey gathered information from 1,261 of the company’s customers who bought homes between July 1 through December 31, 2010.

Another influencer was the desire for more living space. According to the Wall Street Journal the survey reported that 28% of the respondents said, “they bought a house because they wanted more living space or a larger property”. However, 11% of those surveyed said that “potential financial growth” motivated them to purchase a home. This response is similar to the answers received in the survey’s first year (2005) when respondents answered the question, “What motivated you to purchase your home at this time?”

Remember, selling your home is about creating value for buyers. That means how you live in your home may not be the way you show your home. You may have to put away a lot of the clutter such as trinkets, family photos, pet toys, electrical cords, kids’ toys, and anything else that is personal to you. By doing this you’ll create a greater chance of buyers viewing your home as theirs. And that's value.

Tips for Appraisals

2011-01-14T10:36:00.000-05:00

Appraisals allow homeowners and buyers to establish what is fair market value of a property. In addition, an appraisal allows a lender to know how much they can safely lend.

This process, however, can be trying and even frustrating. Sometimes an appraisal can even put the kaibash on a deal. To reduce your stress during this time, consider these simple tips:

•Understand the role of appraisals. It is neither in your interest nor the interest of your lender for you to purchase a property that is over-priced for its value.

•Make sure the lender hires a qualified appraiser. The lowest priced appraiser does not necessarily equate with the most qualified. This is a time to get the numbers right.

•Accompany the appraiser during the inspection of the property if possible. The more active participant you are in the process, the more you will understand it, and be able to catch any errors.

•Request a copy of the appraisal report from the lender. Federal law requires that you receive a copy of the appraisal within 30 days.

•Examine the appraisal report and ask questions. Be sure to examine the report for errors.

•Appeal the appraisal if appropriate. Market conditions do change, especially in these economic times. If you feel that new information may change the appraisal, be sure to contact them!

•Ask the lender to order a second appraisal by a qualified and designated appraiser.

•File legitimate complaints with appropriate state board or professional appraisal organizations.

For more information on appraisals, you may wish to visit The Appraisal Institute's website at www.appraisalinstitute.org.

Pending Home Sales Figures Inch Up

2011-01-10T18:55:00.000-05:00

While credit remains tight as we move forward into 2011, top economists expect that if the job market revives this year, and interest rates rise only moderately, the housing market could experience a boost.

Pending homes sales are already on the rise. The National Association of Realtors' Pending Home Sales Index reports that pending homes sales rose in November by 3.5 percent.

Across the nation, we see regionally diverse markets. The Northeast saw pending home sales rise by 1.8 percent, but this figure is still 6.2 percent below November 2009. The West also saw a stunning 18.2 percent jump. This jump leaves it within 0.4 percent of year ago levels.

Both the Midwest and South saw declines, though, in pending sales. The Midwest declined 4.2 percent and is still 7.7 percent below year ago levels. The South fell only 1.8 percent.

For now, the 30-year fixed rate mortgage remains in the low five percent range, which is near a historical low. The extension of Bush-era tax credits, as well as renewed hopes of job growth could very easily translate into more sales on the housing market horizon.

Winter Lawn Care

2011-01-04T20:59:00.000-05:00

Right now with no snow on the ground, Winter may have your lawn looking less than stellar. To keep your neighbors happy -- and potential buyers interested -- take a look at these lawn care tips.

By taking a few precautions during the Winter, you can ensure a healthy lawn come Springtime.

The first, and perhaps easiest, step is to pick up any leaves that cover your lawn. If left sitting over grass, they will create dead spots.

The same goes for clutter and debris, such as toys. You may think that grass is completely dormant during Winter months, however, grass still needs oxygen and sunlight to maintain life. If you have it covered, you have it smothered.

The next step, do not drive on the grass. Winter is a time for holiday parties and family get-togethers. Many people may be tempted to park on lawns. Resist the urge!

You can take lawn care two steps further, as well.

If your lawn has pH issues, now is the time to treat it with lime and other additives. Contact your local lawn specialist for more information.

Late Winter is also the time to aerate your lawn. Aerating is making small holes in the surface of your lawn, you allow for deeper root growth. You also allow nutrients to gain direct access to the grass roots. This should give you a fuller, thicker lawn.

Follow these simple steps and wake up to a beautiful Spring lawn!

Christmas Mailing Deadlines

2010-12-19T20:58:00.000-05:00

So, just in case you are one of those people that wait until the last minute for everyting, (unlike myself, ahem) it's not too late to get those presents out!

If you still haven't mailed out your Christmas gifts to Uncle Bob and Aunt Shirley, or your Christmas cards with the yearly family newsletter novella, you still have time for them to get there by Christmas!

For first-class cards and letters to be delivered by Christmas, you need to mail them by Monday, December 20th.

For priority mail, the deadline is Tuesday, December 21st and for express mail, it's Wednesday, December 23rd.

So, get out there and get going, but maybe next year to save some stress, plan ahead. Happy Holidays!

Mortgage Rates Inch Up Again, It's Time to Buy

2010-12-17T14:25:00.000-05:00

Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), which found that both fixed- and short-term mortgage rates continued to rise this week. This was the fifth week in a row where fixed-rate mortgage rates were up.

30-year fixed-rate mortgage (FRM) averaged 4.83 percent with an average 0.7 point for the week ending December 16, 2010, up from last week when it averaged 4.61 percent. Last year at this time, the 30-year FRM averaged 4.94 percent.

What does this mean to you, the buyer? It means rates are still low but inching up. Rates are still lower than last year. So, perhaps you should get while the gettin's good? It may be time to buy before rates go up much higher.

Homeownership Going Back to a Long Term Investment

2010-12-08T20:38:00.000-05:00

Is there value in owning a home? The recently released 2010 National Association of REALTORS® Profile of Home Buyers and Sellers brings some promising results. Today homeowners are living in their homes longer, and after several years of price declines, are seeing rises in home equity gains.

It was only earlier this decade that so many buyers jumped on the investment bandwagon. They bought and sold within incredibly short time frames, and walked away with profits. But as the booms busted, many sellers found they had bought at the top of the market and as prices corrected, they lost more than just dollars. Foreclosure rates skyrocketed. Historically, however, homeownership is a long term investment, and one that brings many rewards.

Current market and economic conditions have created a shift from the house flipping ways of the boom. The house flipping and quick gains which occurred during the boom period were abnormal, driven by risky, easy-money financing that should never have been allowed in the market.

American are still buying, however. And surveys have found there are particular reasons behind these purchases. These include the desire to own a home, the desire for a larger home, a change in family situation and taking advantage of the home buyer tax credit, a job-related move, and then the current supply of affordable homes.

And once they buy, homeowners are staying put longer. A typical seller has been in their home for 8 years, but the survey reveals first-time buyers are planning to stay for 10 years, and repeat buyers for 15 years.

Even with several years of price declines, the typical seller who purchased a home eight years ago experienced a median equity gain of $33,000, a 24 percent increase, while sellers who were in their homes for 11 to 15 years saw a median gain of 40 percent. So, once again buying for the long-term is steering its way back into value.

A Fun Christmas Tree Fact...

2010-12-05T20:13:00.000-05:00

There are few traditions more grand than the Christmas tree that adorns Rockefeller Center every year. But did you know that is not the tallest Christmas tree in America?

The tree at Rockefeller Center comes in at just number 9 this year at 74 feet high. The other top 10 are as follows:

10. Houston's City Hall, 70 ft.

8. Portland, OR, Pioneer Square, 75 ft.
7. Boston, MA, Fanueil Hall, 85 ft.
6. Toledo, OH, Toledo Zoo, 85 ft.
5. Kansas City, MO, Crown Center Square, 100 ft.
4. Los Angeles, CA, The Americana at Brand & the Grove at Farmers
Market, 100 ft.
3. Anthem, AZ, The Outlets, 110 ft.
2. Ferndale, CA, Victoria Village, 150 ft.

And topping the list...

Number 1, Coeur d'Alane Resort, IA, Coeur d'Alane Resort, 161 ft.

The number 1 tree is 87 feet taller than the Rockefeller Center Tree! Come on NY, we can't be outdone! Although, perhaps a tree that tall is a bit showy. Keep it classy NYC. *wink*

Sellers, Don't Let Your Emotions Get the Best of You

2010-12-01T20:32:00.000-05:00

It can be easy for the selling experience to become clouded by emotion. A homeowner may have years of memories stored within the walls of a home. They look at a room, and instead of resale potential, they see a baby's first steps and early Christmas mornings. When the time comes to sell, however, the time has also come to sever emotional ties with a house.

Emotions can cloud your reasoning. And they can misguide you during a very expensive and important business transaction. Sellers sometimes overvalue their homes, adding in sentimental value on top of property value. They refuse offers that, while reasonable, don't add up to the value of their memories. Or they turn down a potential buyer, because they don't garden and won't "leave the rose bushes," or aren't the "type" of person they'd like living in their home.

For a smooth transition, hire an experienced real estate agent. Once you've turned yourself over to their guidance, you can then turn your focus onto the new phase of your life. And agent can help you establish a fair, and unbiased, asking price. They find the sellers. They show the house. And they help you sign on the dotted line. The middle man is extremely beneficial in separating from your emotions.

Your emotions may surface as soon as you list the house for sale, since many agents will suggest you remove many of your personal items from the house for staging. This is neither a personal attack on your decorating nor your memories. Staging is a wonderful way for homeowners to see the house as their future home, instead of seeing your house and your home.

Don't fret over lost memories; take pictures of your home and make a scrapbook. Channel your emotions into the joy of moving. And have fun imagining the new memories you'll make in your new place. This is not a time for mourning, instead it's a time for celebrating!

Operation Home Relief

2010-11-29T20:50:00.000-05:00

The National Association of Realtors has extended its successful "Operation Home Relief" campaign, which is designed to give military service families a voice by contributing financial counseling and aid to help keep them in their homes. Though only launched last month, the NAR has already matched $20,000 in donations.

The NAR has used this Facebook campaign to promote USA Cares, an organization dedicated to providing aid to help post-9/11 veterans and active-duty military personnel avoid foreclosure.

Through the consumer website, HouseLogic.com, a free comprehensive website about homeownership for homeowners, Operation Home Relief aims to increase awareness, rally support and raise funding that provides foreclosure assistance in the form of financial counseling and grants to post-9/11 active duty U.S. military service personnel, veterans and their families."

Invite your friends (Operation Home Relief will donate $1 for every join until they reach their goal) by visiting apps.facebook.com.

Best Pizza In Rochester!

2010-11-22T14:01:00.000-05:00

Okay, so those of you who know me well, also know that I am a bit of a food snob, particularly when it comes to Italian. Growing up in an immigrant household, I ate traditional Italian meals all prepared from scratch. My passion for eating developed into a passion for cooking. Seems like I am mostly disappointed when I eat at a resturant because I know I can prepare the food better at home. All bets are off though when I eat at Tony D's Coal Fired Pizza in Corn Hill Landing. The pizza there is just like the pizza I've enjoyed in Italy and the rest of the menu is equally devestating to my girth! A few weeks ago I enjoyed the gnocci and lamb ragu... and, a pizza! The pasta was as light as clouds and the dish just melted in my mouth. Tony DiCesare has a hit! Visit often and enjoy!

An Alternative to the Office Secret Santa

2010-11-20T20:03:00.000-05:00

Are you tired of getting a scented candle from a co-worker that you barely know every year?

Trying something different this year. Instead of having a Secret Santa gift exchange amongst all your co-workers, call a local charity and sponsor a family in need. Have everyone in your office take the money they would have spent on specialty bath soaps, and Starbucks giftcards to exchange with co-workers and buy much needed items for a special family.

Several different charities provide lists to anyone who would like to sponsor a family. They will let you choose a family, and provide you with a wish list from that family. You will be surprised to see that how the wish lists often include very simple items that we take for granted such as mittens, gloves, coats, blankets, and books.

So won't you make a difference this holiday season? Re-think what it means to give and spread the joy, help out others in need.

Make the Most Out of Listing Your Home During the Holidays.

2010-11-17T20:30:00.000-05:00

If your house is on the market during the upcoming holidays, step up the action plan to draw attention to it. Don’t let the holiday blues make you feel like there’s no hope. Homes are sold and bought this time of year. But the ones that get snatched up are the ones that are enticing to buyers.

Because this is a very busy time of year with personal travel and holiday celebrations, many real estate experts note that if you have buyers dropping by your open house or making an appointment to view your home, there’s a good chance they’re serious buyers.

There are some things you can do to make your home more “showable”. It's often said in the real estate industry, “the way you live in a home is not the way you stage a home.”

So, while this time of year often brings out all the holiday decor, there is such a thing as too much holiday cheer. It’s just that not all buyers celebrate the same holidays.

A good rule of thumb, is to keep decor simple and subtle. If you celebrate Christmas, go ahead and put a tree up but don’t put one up in every room. Remember that buyers will be looking at your home and imagining their own holiday celebrations there. So, be sure to leave them room to envision their lives in the home.

This goes for the outside too. Holiday lights can be placed outside very tastefully but ditch the huge inflatable characters that make it look like your yard is an amusement park. Instead, opt for a nice holiday wreath and some subtle seasonal decor. Keep in mind that curb appeal is what gets buyers in the door. If your home isn’t appealing from the outside, buyers won’t bother to stop for a look inside.

Stash the gifts. If you usually put them under the tree or around the house, save them for the day of your celebration. There are two reasons: presents take up precious floor space and they are a distraction. It’s a good idea to keep as many personal belongings as possible in a safe, private place.

Especially in cold weather areas, cinnamon pine cones or some other mild potpourris can be a pleasant welcome. But don’t go overboard with different fragrances in every room.

Another nice touch is to spruce up the mantle. However, if you usually hang stockings with your family’s names on them, you might consider using less personal ones while showing your home. It’s the same reason, stagers will put away your personal photos—to create a space where buyers can imagine their photos and belongings in.

Listing your home for sale during the holidays doesn’t have to make you blue; in fact it can truly brighten your spirits by putting some green in your bank account. Just be sure to focus on making your home a buyer’s dream this holiday season.

Feng Shui Basics - Water.

2010-11-11T21:56:00.000-05:00

Feng Shui is an ancient Chinese ascetic which plays upon the idea of creating ideal energy flow within your home and life.

Its goal is to achieve proper flow of Qi, pronounced chee, or life energy. And through proper energy flow, you can help invite balance, harmony, and prosperity into your life.

The five elements commonly mentioned in Feng Shui, as well as other works of Chinese literature, are metal, earth, fire, water, and wood.

Let's focus on the basics of "water."

In this discipline, it is all about placement. You can start with the front door to your home. By placing a water feature on the left-side of the door's exterior (inside looking out), you can bring in good luck! There can be too much of a good thing, however. And that means water features on both sides of your front door can lead to unluckiness.

Where should you place water features? Ask yourself where you'd like to enhance learning? Try out an office or kid's study area.

Just avoid placing a water feature in a bedroom, bathroom, or kitchen.

If you are in the need of some "good luck" then consider placing a water feature in your "wealth spot."

In Feng Shui, this is located at the corner diagonally across from the living room entrance. Consider placing a fish tank in this great location! Even a small goldfish bowl can work it's feng shui magic.

Of course, you can always harness the true power of water by building or buying a house near an existing body of water! Wherever your home, keep water as a part of your balanced life.

It's Party Time... Etiquette!

2010-11-08T21:39:00.000-05:00

Hey kids, are now entering the holiday zone! And with that comes parties, gatherings, and family meals.

Are you unsure what proper etiquette is for these affairs? Have no fear! We have you covered.

1. RSVP: This is an abbreviation of the French term, "répondez, s'il vous plaît." It means to please reply to the host/hostess on whether or not you will be able to attend. Many guests feel these days that the RSVP is optional, but the rules of good etiquette, and thus a good guest, dictate that you reply. Among other things, it helps the host plan for the amounts of food and drink to prepare.

2. Dress Code: Invitations will generally clue you in to the proper attire. Formal, black tie, and dressy casual are common dress codes. If the event is especially important, don't hesitate to ask the host about the dress code. And always play it safe and age appropriate. It is much better to be slightly over-dressed than to show up to a formal affair in your jeans and t-shirt.

3. Bringing Guests: You may feel that one more won't make a difference at a big party, but always ask the host if you may bring a guest. Yes, that even applies to small gatherings at a friend's home.

4. Bringing Food: At large family gatherings or pot-luck meals it would be best to bring a dish of some sort with you. It need not be home-made, just thoughtful. If you ask the host what you may bring and they say everything is covered, be sure to bring a hostess gift.

5. Hostess Gift: Unless this is a work soiree or large charity event, bring the hostess a small token of your appreciation. A bottle of wine or a bouquet of flowers are time honored favorites.

6. When to Arrive: For formal gatherings the rule of thumb is to arrive within 10 to 15 minutes of the time noted on the invitation. For more informal gatherings you can arrive up to 30 minutes after the time noted. You don't, however, want to show up early. Your hostess may still be getting ready!

7. How Long to Stay: If the invitation doesn't outline when the party is set to end, it can sometimes be difficult to know when to call it a night. Watch the other guests for cues. When half of the guests have left, it's time to say good-bye. Also, look for clues that the host/hostess has had enough.

8. Don't Be a Party Pooper: It is your responsibility as a party guest to be respectful of the other guests and to have a good time. Sulking or pouting in the corner do nothing but lower the overall morale of the event. If you feel a night of party pooperish coming on, then summon your party persona or excuse yourself from the soiree!

8. Saying Hello and Good-bye: Never come to a party without saying hello to the hostess at some point. And never leave without saying good-bye. The only exception is during a large affair when the hostess is obviously busy or in the middle of a conversation.

9. Thank-you notes: Even your grandma deserves to know that the meal she slaved over for a day and a half was appreciated. Sending a heart-felt thank-you card is always appropriate.

Follow these tips this season and you and your host are sure to have a grand time!

Is a Foreclsure Right for You?

2010-11-04T20:50:00.000-04:00

Does buying a foreclosed property save you money?

If you are looking to make an investment, however, you need to consider the market in which you are buying a foreclosure. A weak and ailing market could mean values will continue to fall. Buyers may be scarce. This is not an ideal environment for an investment.

Other issues must be taken into consideration, as well. The process of buying a foreclosure can take weeks longer than traditional deals. This is simply the nature of the beast. A foreclosure is a legal process. A foreclosure also means you must buy title insurance. A title search will pick up errors before you sign the check and protect you if something was overlooked. In the unlikely event that a former owner returns to challenge the foreclosure, the insurance company will defend you.

Foreclosed houses also warrant very close home inspections. There have been horror stories of new owners finding cement poured down drains by the disgruntled evicted. Be sure to see the house for yourself before you sign on the dotted line. And have a licensed professional carefully examine the home.

Even if the property hasn't been purposefully vandalized, many foreclosures need extensive repairs. A home may simply have been neglected and older homes require updates and normal upkeep. Budget carefully as you assess how much work the property will require.

If you take all of these matters into consideration, a foreclosed property may be the ideal buy for you.

Happy Day of the Dead!

2010-11-01T19:26:00.000-04:00

Did you all have a fun Halloween? No, well you're in luck, you have a chance to make up for it with "Day of the Dead"!

Day of the Dead is a holiday celebrated by many in Mexico and by some Mexican Americans living in the United States and Canada. The holiday focuses on gatherings of family and friends to pray for and remember friends and family members who have died. The celebration occurs on November 2 in connection with the Catholic holidays of All Saints' Day (November 1) and All Souls' Day (November 2). Traditions connected with the holiday include building private altars honoring the deceased using sugar skulls, marigolds, and the favorite foods and beverages of the departed and visiting graves with these as gifts. Due to occurring shortly after Halloween, the Day of the Dead is sometimes thought to be a similar holiday, although the two actually have little in common. The Day of the Dead is a time of celebration, where partying is common.

Scholars trace the origins of the modern holiday to indigenous observances dating back thousands of years and to an Aztec festival dedicated to a goddess called Mictecacihuatl. In Brazil, Dia de Finados is a public holiday that many Brazilians celebrate by visiting cemeteries and churches. In Spain, there are festivals and parades, and, at the end of the day, people gather at cemeteries and pray for their dead loved ones. Similar observances occur elsewhere in Europe, and similarly themed celebrations appear in many Asian and African cultures.

So if you didn't have enough Halloween... get your Dead on! (This may or may not include Jerry Garcia)

Go Green and Be Warm with Heated Floors!

2010-10-27T08:45:00.000-04:00

It's that time of year again! We're feeling a chill in the air and the leaves are turning, you know it’s time to load up the fireplaces with wood, close up the windows, and turn on the floors.

Say what? Turn on the floors? Yes, radiant heating is as attractive to cold toes, it's better than wool socks!

These days radiant floors are becoming more popular especially for those interested in green design. There are several benefits for the environment and your pocketbook. As the floors get toasty warm, they help heat the rest of the room by warming it up and making it more comfortable on a cold night.

A lot of people rely on central heating systems and while these work, they often fill the upper part of the room with hot air--making it stuffy and not quite providing the warmth needed where people are actually present in the room. The even heat distribution helps lower the cost of the home’s heating bill.

But perhaps the two biggest advantages are silent and unseen heating. With no heat registers or radiators, you can place furniture how you like without being concerned about blocking a heating system. Of course, there will be no forced hot-air fan noise, making this an invisible heating design.

The concept isn’t new, heated floors date back centuries. The Romans used to channel hot air underneath their floors to warm their villas. Today, it’s the allure of going green that also adds to the interest of installing radiant floors.

How to Tighten Your Financial Belt

2010-10-18T22:01:00.000-04:00

Many Americans live on a margin, spending more than they earn, using credit to make up the difference, and saving at near invisible rates.

Living past their means, they use credit to buy houses, cars, and merchandise that many experts would suggest they really can't afford. This "good life" is great, until the person is no longer able to make their payments. And as unemployment rates hover over 9 percent (U.S. Bureau of Labor Statistics), more and more Americans are finding themselves in this predicament and subsequently facing bankruptcy, foreclosure, and even homelessness.

Are you one of the millions who need to put your debt on a diet? This financial restructuring just might help you save your home one day. Take a moment to look over these tips.

1. Credit Cards: Don't just pay the minimum payment each month, pay as much as you can. If you owe a credit card company $5000 at 18 percent interest and all you do is pay the minimum each month it will take you over 30 years to pay it off. Call your card companies and try to negotiate a better rate, as well. Pay off the cards with the higher interest rates first.

2. Emergency Fund: In today's economy it is important to be prepared for long stretches of unemployment. Each household should have an emergency fund equal to eight months worth of bills.

3. Wants Versus Needs: The best way to start saving more, is to start spending less. In this country we have created a tradition of expecting bigger and better. It may be time to examine your lifestyle and to be realistic about what you can really afford. And that doesn't mean what payment you can afford, but what you can actually afford to buy.

4. Increase Your Income: There may be extra ways for you to have cash coming in, including selling off unneeded items. If your debts are large, you may consider taking on a second or part-time job. If you are a stay at home parent, perhaps you have skills that will allow you to work part time from your house, such as design work or even baby-sitting.

5. Plan for the future. Many Americans have no retirement savings. Consider changing your priorities from "plenty now" to "enough for the future." Exchange the morning Starbucks for savings bonds and IRAs.

Overall, it's about restructuring how you approach life. The saying, "Money can't buy you happiness," couldn't be more true. You may be surprised that exchanging weekend shopping trips and dinner out for family game nights and home-cooked meals may be a welcome change in your family.

Some Home Buying Tips...

2010-10-12T18:16:00.000-04:00

As you hit the internet or paper or start calling your favorite real estate agent, such as myself... here are a few things you should consider:

• Study - Do your homework before you buy. Review the prices of comparable homes in the neighborhood, a real estate agent can provide the latest sales data.

• Cure your credit - Today's best mortgage rates require a credit score of more than 700. Learn how to boost your credit score before you apply for a mortgage. Not only will a low credit score cost you more in terms of the interest rate on your mortgage, it could also prevent you from obtaining a mortgage.

Go to AnnualCreditReport.com, the only federal government-sanctioned service for obtaining a truly free credit report from one or all three of the major credit bureaus. The report is free, but you will have to pay a nominal fee to get your credit score.

• Consider a 'Lucky 7' loan - Take advantage of the lower interest rates available with a 7/1 adjustable rate mortgage (ARM), when compared to a fixed-rate 30 year mortgage. The interest rate on a 7/1 ARM is fixed for seven years. In the eighth year the loan resets as an ARM. Just be sure you know what the margin, life cap and periodic caps will be beginning in the eighth year to avoid surprises. Use those seven years to reduce debit and increase your income in preparation for what is likely to be a much higher rate than your starting rate.

• Get pre-approved - Go beyond prequalifying for a mortgage, which only tells you what you can likely borrow. Get a pre-approved mortgage and you'll know your home price shopping parameters. You'll also present yourself to the seller as a serious buyer. Financing in hand will also help level the playing field with all-cash buyers and investors and it will help you negotiate a better purchase price. I CAN'T STRESS THIS ONE ENOUGH!

• Inspect everything - Get a home inspection for a new home, a resale home, a nearly new home or a very old home. Always. Just because it's new doesn't mean it's defect free. Hidden problems can torpedo the value of your home.

• Read the title report - Make sure that any new additions or construction to an existing home are fully permitted and recorded with the local municipality.

• Check the appraisal - Likewise check the appraisal report for any oversights, missed features or other errors that could cause the property to be undervalued.

• Negotiate - Don't be afraid to dicker. It's a buyers' market. Concessions are available from both new home builders and existing home sellers. Ask for help with the closing costs, repairs, even furnishings and other perks. Motivated sellers have much to offer.

• Don't skimp on the help - If you look for the least expensive attorney, real estate agent, inspector, etc., you will get what you pay for. Ask family, friends, co-workers, realty professionals and others you trust for referrals and then carefully vet them.

It's Gutter Time!

2010-10-10T19:58:00.000-04:00

As the leaves are starting to fall right now, it's time to think about cleaning the rain gutters.

Debris from pine needles and leaves that collect in the rain gutter can lead to a fire hazard as well as block the rain gutter’s function, causing water to back up and potentially weaken the gutters and the home’s eaves. It can also create standing water which can lead to rot, mold, and mosquitoes.

Trying to clean gutters yourself can be quite dangerous. There are several deaths a year that were caused by falls from roofs or ladders while cleaning gutters.

There are some systems on the market that claim to keep the gutters free of debris and leaves. However, experts caution that in heavy rain storms sometimes certain products may malfunction by causing the leaves to dam up on the rain and prevent rain from entering the gutter too.

The bottom line? Use experts to safely clean your gutters. And even if you have gutter guards, don’t rely solely on them--have your gutters checked regularly.

A Common Investing Mistake...

2010-10-07T19:57:00.000-04:00

Let's start with the first common investing mistake -- not understanding local market realities.

Not every property in every city is going to make money for you even if people are buying them for pennies on the dollar. Not every deal is a good deal. Pay attention to where the markets are going to continue to be better or continue to improve as opposed to continue to have problems.

When investing outside of your own local area, is it important to work with professionals you can trust to have your best interest at heart.

There is a difference between price and cost. The price can be right but the cost can be huge. There is a reason the price is right and it's because the property doesn't make any money.

If you can't find someone in another market who you can trust and you can rely on, then don't buy there unless you can go visit it for yourself. Know your market. Know where the good neighborhoods are. Drive through in the daytime and then drive through about ten o'clock at night. Take a look and see how it looks then. See what comes out from under the rocks and if you don't like the looks of what comes out, you don't want to buy there because it's going to be nothing but trouble. Know where the things are going to be improving, where they're going to build new shopping centers, freeway interchanges, new convention centers, hotels, etc. Find out the areas that are trending and capitalize on that.

Caution: Laptops May Result in Skin Burns...

2010-10-04T19:31:00.000-04:00

A medical report says people who work with computers on their laps for long periods could suffer from "toasted skin syndrome."

In one case, a 12-year-old boy developed a sponge-patterned skin discoloration on his left thigh after playing computer games a few hours every day for several months. Ew.

The danger has been highlighted by Swiss researchers in an article Monday in the journal Pediatrics.

The condition is generally harmless but can cause permanent skin darkening. In very rare cases, it can cause damage leading to skin cancers.

They do not cite any skin cancer cases linked to laptop use, but suggest placing a carrying case or other heat shield under the computer. Or perhaps you can just wear some kevlar pants...

What You Need to Be Your Own Handyman...

2010-10-02T09:57:00.000-04:00

Now that you have moved into your new home, it's time to put on a new hat, that of "handyman." For the big jobs, like roofing and rewiring, you'll more than likely still rely on a professional. And unless you are truly versed in those specialties, that is what we'd recommend!

But there will be many small jobs that come up which you will be able to fix on your own. To complete those jobs, you'll need tools.

So, what tools will you need as a new homeowner? Here is a list of suggestions:

1. A toolbox. Keep everything together and you'll never waste time hunting for the right tool.

2. Hammer. It seems basic enough, and it is. If for nothing else, you'll need it to hang all your artwork and pictures.

3. Level. From hanging pictures to framing a garage, a level is a must for any handyman.

4. Screw Driver. You'll need more than one! Be sure you have multiple sizes of both phillips-head and flat-blades.

5. Plyers. Have you ever tried to disconnect a fitting on a pipe? You need plyers.

6. Hand Saw. Many handymen prefer power tools, but for those remote spots with no electrical access, you can always count on a hand saw.

7. Tape Measure. How long does that new counter-top need to be? Do we have room for the couch to fit through the front door? Exactly. Use a tape measure... measure twice, cut once!

8. Wire cutters. For what else? To cut wires!

9. Cordless, Reversible Drill and Bits. Uh... for drilling and taking out screws.

10. Utility Knife. This is great for cutting exact edges.

11. Vice/clamps. Connect a vice to your workbench and use it to stabilize items you are cutting.

This is just a starter kit. There is a tool for practically every need, so over time, your tool box will grow considerably!

Becoming your own handyman is a learning process, so don't be too hard on yourself. There will be a lot of trial and error. That's half the fun. Enjoy your new home!

Boring Street Signs Don't Get Stolen...

2010-09-27T21:32:00.000-04:00

A rural Georgia county is losing about 550 street signs a years to thieves and a commissioner says he has a solution: Make the names boring.

McIntosh County Commissioner Mark Douglas serves a rural county about 60 miles south of Savannah. He says signs marking Green Acres, Boone's Farm and Mary Jane Lane are frequently stolen.

He suspects the thieves are targeting those signs because they share names with a popular TV series, a low-cost wine or, in the third case, a slang term for marijuana. Uh... ya' think?

It's become a costly problem. County Manager Luther Smart says the area is paying $17,000 a year to replace the signs.

Hey, here's a thought... whatever happened to old school names like, "Main St.", "Maple Ave.", "Locust St."? Boring yes, but you'll keep your signs and won't have to give the spelling every time you give out your address.

Some Tips to Avoiding Foreclosure...

2010-09-25T17:35:00.000-04:00

In a country with a growing foreclosure rate, new default notices being sent every day, and an unemployment rate over 9 percent, the chances of foreclosure affecting you or someone you know is on the rise.

If you find yourself struggling to make your payments, here are some ways to avoid foreclosure.

First, be realistic about your situation. Answer phone calls from your lender and open your mail. This is the time to face your problem head on. Could a foreclosure be on the horizon?

If you are having trouble making monthly payments on other bills, now is the time to pay attention. Your mortgage could be the next bill that becomes too much. In order to curb missed payments, prioritize your spending.

Establish a budget and cut out any unnecessary spending (e.g. movies, cable, eating out, shopping) until you are in a more stable financial state. Apart from healthcare, there is nothing more important than your home. If you have assets to sell off, then do so! The cash may be better spent in helping you save your home.

Next, call your lender to explain your situation and to see what options are available. In these tough economic times, many lenders have programs that may help you stay in your home. Foreclosures do more than run ruin on your credit score, they also affect a lender's bottom line. If working out an agreement with you can help them save that bottom line, the changes of them helping you are high.

Some options you may discuss with your lender include refinancing, reinstatement (where your lender allows you to pay the money you are behind in one lump sum and by a certain date), forbearance (a temporary reduction or cessation of your mortgage payment), a new repayment plan, and loan modification (a permanent change to some of the terms of your existing mortgage).

Beware of scammers during this process. Help and counsel from your lender should be free of charge. If you come across someone requesting a fee in order to facilitate help, chances are it is a scam.

The sooner you contact your lender, the better. Don't wait until you are days away from being foreclosed. The process of working out an arrangement with your lender could take multiple phone calls and weeks of time.

The History of Penfield

2010-09-21T21:51:00.004-04:00

http://www.democratandchronicle.com/article/20100921/NEWS0211/9220305/1003/NEWS01/Penfield-began-as-prosperous-mill-town

Here is a link to a great article with a little bit of history on the town of Penfield. Learn how Penfield was founded and read about it's start as a prosperous mill town.

Use Coffee Grounds to Clean? Say What?!

2010-09-19T21:21:00.000-04:00

Hate to clean? Yea, I hear ya'. So, here are some quick fixes with items you already have in your house...

Try coffee grounds to keep your refrigerator smelling nice and fresh, just as you do with an open box of baking soda. Place them, new or used, in a bowl and remember to replace them every month or two.

Use ice to cleanse the blades in your garbage disposal and break up the grease that collects on the rotors. Every few weeks, toss in a handful of cubes, turn on the disposal and run cold water. Add some orange, lemon or lime peels to ward off odors.

Get baked-on foods off pots and pans with a dryer sheet. Just place one in a pot, fill with water and let sit overnight, then sponge off the next morning. The antistatic agent weakens the bond between the stuck-on food and the surface of the pan, while the fabric softener works its loosening magic.

Cover the bottom of your trash can with old newspapers. It's an easy way to keep clean and soaks up leaks and odors.

I'll see you all later, I'm off to find some coffee grounds, ice, dryer sheets, and newspapers. Happy cleaning!

What's Eating You? Maybe it's Termites...

2010-09-15T22:03:00.000-04:00

Don't let termites prevent the sale of your home.

There are a few signs that may indicate there might be an infestation. Termites tend to be most active in states with warmer climates, but can be found nearly anywhere and the varieties of the insects differ depending on the area and climate.

Many homeowners don't think about the possibility of having termites until they're getting ready to sell their home. Unfortunately, a history of termite issues can eat away at the sales price. Being prepared and understanding what to expect from an inspection is not only helpful but could help ensure a better price and smoother home sale.

Here's what you should know about termites.

If my neighbor's home is infested; will mine be attacked next? TermiteInstitute.com says not necessarily. However, the risk is, of course, high. Preventive treatment is recommended.

How are homes treated for termites? The methods vary depending on the severity and the professional company that you choose but a couple different methods include, termite bait systems (requires termites to eat poisonous food) and, liquid termite treatment (poisonous liquid applied throughout the structure and surrounding soil).

Will my homeowners' insurance pay for treatment? It's not likely. Although, in some areas of Louisiana some insurance companies have covered termite treatments for those structures that suffered hurricane damage.

While termites are annoying and can certainly eat away at your sale price. They can cause severe structural damage, but they are not harmful to humans. It's best to know right away whether you have an infestation and what your options are to resolve the problem. It could save you money and frustration when it comes time to close the sale on your house.

How to Prepare for Open Houses

2010-09-12T21:51:00.000-04:00

Many sellers love houses, but having to clean and get their home organized to possibly snag a buyer.

But preparing for an open house doesn't have to be difficult. If you're living in your home and trying to show it, here are a few quick tips to get you organized.

- Coil it up! This might not come to mind right away but, until everything is wireless, we have to deal with those unsightly long cords. Using devices, such as the Cableyoyo or even twist-ties, will clean up the clutter and leave your electronic areas looking much better. When you have electrical cords in a jumble behind your entertainment center (but still in view) it creates a feeling of chaos and clutter--not to mention, the cables collect dust and then can create an impression in the buyer's mind that the home is dirty.

- Off the table into the portable bin. Get a portable file cabinet--small but one that can hold about a week's worth of papers. Leave it in the living room and instruct family members to place their papers in their labeled folder when they're finished reading them.

Homework, newspapers, documents that need signing should all be placed in the family member's folder and not stuffed in between couch cushions, entertainment center shelves, or left on the coffee table. Just before the open house, you can easily and quickly do a sweep of the rooms, picking up papers and storing them in the appropriate folder in the portable file cabinet.

- You don't want Guns 'n Roses singing "Welcome to the Jungle". Go green selectively. We're talking house plants in this next tip. The folks at HGTV recommend that your house plants be placed on a cute stand or in several decorative pots. While plants are usually seen as a welcome addition, creating a jungle with too many big, sprawling plants in your living room won't go over well.

- Put all your personal care products out of site in the bathroom. Clutter is not attractive and no one wants to see your anti-fungal foot spray.

Implementing these quick tips can help you be prepared in a moment's notice, saving you hours of searching for items that would have otherwise been swept up and crammed into any hidden place.

But What About The Floors?!

2010-09-09T19:31:00.000-04:00

Ah the age-old question... with at should I cover my floors? Carpet? Hardwoods? Throw rugs? Linoleum? Burlap? Well maybe not burlap, but I did show an eclectic city condo where the floors were covered with bamboo mats, wall to wall.

There is no "right" answer, it's all a matter of taste. Well, sometimes it is a matter of affordability as well.

For price, low and medium grade carpet may cost less up-front, but the average lifespan of carpet is only 10 to 15 years, so you will be looking to replace the carpet several times over your own lifetime. And you must figure into that cost the yearly cleanings that are a necessity to keep healthy and attractive carpets.

Hardwoods range widely in price, depending on their popularity, but there are affordable options for most any project. In addition, hardwoods can last a lifetime with proper care, even if they may need to be sanded and refinished down the road.

Hardwoods are low on the maintenance scale, with "proper maintenance" being key to a beautiful, long life for your hardwoods.

Additionally, the American College of Allergy, Asthma, and Immunology recommends that house dust allergy sufferers "remove wall-to-wall carpets from the bedroom if possible." Have a child with asthma? Ninety percent of asthma sufferers are allergic to dust mites. And dust mites love carpet.

Carpet installation itself also rears another ugly head. There are chemicals used in most modern carpets that emit fumes for months and years to come. These fumes can cause headaches and runny eyes and nose. There are, however, natural options available for more eco-friendly carpets. These options, though, will more than likely add to your overall cost.

The choice is entirely up to you on which flooring option is right for you. Be sure to do your due diligence with research and price comparisons before making any final decisions!

John Lennon's Killer Denied Parole Again

2010-09-07T20:55:00.000-04:00

I know this maybe a bit of a different topic than usual, but I thought it was interesting...

John Lennon's killer has again been denied parole, nearly 30 years after gunning down the ex-Beatle and iconic musician outside the singer's Manhattan apartment building.

A parole board today denied Mark David Chapman his freedom after an interview at Attica Correctional Facility in upstate New York.

It was Chapman's sixth appearance before the parole board since becoming eligible for release in 2000. He's eligible again in 2012. Chapman had been scheduled to appear last month, but the hearing was postponed by parole officials. They said at the time they were awaiting additional information. It's not known what that information was.

Chapman was sentenced to 20 years to life in prison for shooting Lennon four times in December 1980. Four times, as if he were an assassin. He was an assassin.

So, what do you think? Has he served enough time? Or is he hopelessly mentally ill and dangerous? I wonder what the experts say.

How to Prevent Your Entryway from Being Declared a Disaster Area...

2010-09-02T21:28:00.000-04:00

They say first impressions are everything. So what area should a homebuyer make sure is inviting and well kept (after the outside, of course)? The entryway.

The goal of homeowners everywhere should be to have not only functional, but beautiful entryways. The reasoning is simple. For most families, entryways see a lot of traffic. And it can easily become a dumping ground. They house shoes, coats, purses, and keys, as well as often used toys and tools.

And for every home, the entryway is the very spot where guests and buyers will form their first impression. This means disorganized is out and clean is in. Here are a few simple design and organization tips that can take your entryway from disastrous to fabulous.

The key to a clutter-free entry is storage. Option one would be built-in cabinetry. Pick materials and colors that follow the design ascetic of your home. Hang and fold your items and then shut away the clutter.

If you don't have room for built-ins, then consider a free-standing shelving unit with cubbies. Baskets are an attractive way to keep everything from mittens and hats to ball gloves and racquets organized.

Have even less space? Even simple hooks can have a great organizing effect.

The next tip is to have some sort of seating. Make an inviting spot for children to sit while removing winter boots. Bench seating with storage underneath can be a perfect combination of functionality and looks, and you can add a pop of color with a colorful cushion.

Pay careful attention to flooring choices in your entryway. You want something that is durable and hides dirt easily. A popular trend in today's home is slate tile, with its dark hues doing wonders for masking dirt.

If your entryway is more formal and you choose not to have any cabinets, then be sure to hide away coats and clutter in the nearest closet. A simple console table with drawers can be used to hold keys and phones. Consider installing a docking station in the drawers of the table to hide chargers and cables for iPods and phones.

These simple tips can make a big difference in keeping your entry organized.

Back to School Shopping in Your Desk Drawers!

2010-08-30T22:03:00.000-04:00

Here is a very important back to school tip... lock your doors after they have left for school.

No! Just kidding... we all love our kids. Here is a bit of advice for back to school shopping... go shopping at home first. Yes, take that all important school supply list and look through the items left over from last year before you head to the local big box store.

Often times, kids have 3 ring binders from the year before that they still have some life left in and can use again. Same thing with spiral notebooks, frequently parents will buy notebooks with a couple hundred pages and maybe 20 pages will be used, especially in the lower grades. So, rip out those used pages, and use them again! Other reusable items: glue, rulers, pens, crayons, paper clips, and calculators. No need to buy yet another 10 pack of brand new notebooks, when you have 14 barely used ones already at home.

If a teacher insists on having brand new items, suggest to them that it's more responsible to "reuse and recycle". Not only does reusing items from past years save the parents money, but it conserves valuable resources too.

Have a safe and successful school year!

The Latest Kitchen Design Trends...

2010-08-27T17:20:00.000-04:00

The kitchen is often one of the most important rooms in the house that people consider when shopping for a home. Most likely because we spend so much time there.

The National Kitchen and Bath Association (NKBA), founded in 1963 as The American Institute of Kitchen Dealers, has nearly 40,000 members. Earlier this year it released its top trends for kitchens and bathrooms for 2010.

Here is a look at some of the top trends from NKBA:

Concealed Kitchens. This means the kitchen area blends with other areas of the home. Items such as commonly used appliances may be concealed, refrigerators and dishwashers may have facades to blend in with the cupboards. Ultimately, the harmonious blending of color, design, and functionality make kitchens aesthetically pleasing and useful.

Thirst-Quenching Stations. Beverage stations are becomming quite popular, complete with under-counter refrigerators that hold beverages and wine. Many of these beverage stations include a coffee station due to our great love of "joe" in this country. The design typically includes space for stemware, beverage mugs and glasses, and condiments. This setup allows people to gather to quench their thirst while being out of the way of the chefs.

Rounding Out the Edges. Countertops, islands, archways, and even light fixtures, are being designed with soft, round edges.

Varied Heights. No more monotony. Kitchen countertops, islands, and even walls are being designed for specific purposes and that means their heights are varied.

Asian influence. The impact of Japanese design is showing up in subtle ways such as "clean lines, open spaces, and neutral color palettes with bold splashes of color in select areas," according to NKBA. The association says oftentimes there will be "one strong anchor piece of Japanese origin" that designs are built around.

Whether you're shopping for a new home or thinking of remodeling your current home, remember that trends do change. However, those that tend to stick are the ones that combine pleasing looks with highly functional features. But in contrast, you can never go wrong with the classics. Most importantly, make your home comfortable for you.

"Amanda's Law", carbon monoxis detectors now mandatory...

2010-08-25T21:08:00.000-04:00

"Amanda's Law" became effective February 22, 2010, it requires carbon monoxide detectors in every one and two family property and apartments in a multiple dwelling, as well as all condominium and cooperative apartmetns only where the dwelling unit has appliances, devices or systems that may emit carbon monoxide or has an attached garage. Your real estate professional must make you aware of this new law and advise you of your options.

The law is named for Amanda Hansen, 16, of West Seneca, who was found unconscious at a friend's house in January 2009. Officials later determined she had been exposed to lethal levels of carbon monoxide in the home's basement, where she and her friend were having a sleepover. She later died at South Buffalo Mercy Hospital.

The symptoms of carbon monoxide poisoning are often mistaken for the flu and can include dizziness, fatigue, weakness, throbbing headache, nausea, vomiting, irregular breathing, sleepiness and confusion. By the time people realize there is a problem, they are often too sick or too disoriented to get out of the house and get help.

New York State Fire Administrator Floyd A. Madison, states that carbon monoxide poisoning is the number one cause of poisoning deaths in the United States. “More than 2,100 people die from carbon monoxide poisoning every year and over 10,000 people are injured, including, on average, 100 New Yorkers.”

If you don't already have one, please get yourself a carbon monoxide detector, it could save the lives of you and your family.

Summer Bucket List

2010-08-23T21:25:00.000-04:00

Quick... with 2 weeks left (unofficially) to the summer, what would you like to do that you haven't done all summer? Something you have been meaning to do, but haven't had the time? Something you want to do, but haven't had the motivation to plan? Let's here your Summer Bucket List...

Mine, is of course to spend more time with my family, but I managed to get a few adventures in... Do tell.

30 and 15-Year Fixed-Rate Mortgages Continue to Inch Downward

2010-08-22T09:41:00.001-04:00

Freddie Mac this week released the results of its Primary Mortgage Market Survey , and for yet another week, the fixed-rate mortgages reached another low, while the 5-year adjustable rate remained tied at its low for this survey.

30-year fixed-rate mortgage averaged 4.42 percent with an average 0.7 point for the week ending August 19, 2010, down from last week when it averaged 4.44 percent. Last year at this time, the 30-year FRM averaged 5.12 percent.

15-year FRM this week averaged a record low of 3.90 percent with an average 0.6 point, down from last week when it averaged 3.92 percent. A year ago at this time, the 15-year FRM averaged 4.56 percent.
This week marks the ninth straight week in the Primary Mortgage Market Survey that 30-year-fixed mortgage rates have met or set a new record low.

The Consumer Price Index indicates that current inflation is very low. The last time price growth was this low was the year ending January 1966. But this is also a sign that the economy is trying to right itself.

And what this all means to you… it’s a great time to buy a home.

"Taste of Rochester" This Weekend!

2010-08-19T20:56:00.000-04:00

Taste of Rochester kicks off this weekend! Some of Rochester's favorite restaurants will be on hand downtown for everyone to sample their wares. Taste of Rochester is a chance to check out the best dishes and drinks from hundreds of local restaurants all in one place.

For those of you needing to get downtown for other reasons, just be aware East Main Street between Saint Paul and State Streets will be closed starting at 9 a.m. Thursday morning. The actual event starts Friday at 12 p.m. and runs through the weekend. Admission is free before 6:30pm, and $5 after. You must buy tickets for food and beverage tastings, different items are worth different numbers of tickets. Ticket prices are $5 for 4 tickets, $10 for 8, $20 for 16.

For more information visit www.tasteofrochester.net. Mangia!

What to do About Neighborly Disputes...

2010-08-17T21:08:00.000-04:00

It may be difficult to reach amicable decisions when it comes to neighborly disputes, and that can lead to an uncomfortable or even hostile living environment.

When you share a property line with another individual, there may come a time when you will be involved in joint decisions. Should your fence be replaced? Who is responsible for the cracking sidewalk? And can you cut down that overgrown vegetation obstructing your view?

Here are some of the most common causes of neighbor disputes, and how to handle them in a "neighborly" way.
1. Trees: In general terms, you are allowed to trim branches that overhang onto your property line, but no more. The actual tree owner is whoever's property contains the trunk of the tree. If you damage or destroy a tree that is not your own, you are liable for damages that may well exceed the value of the tree. If there is danger of a tree falling on a structure on your property, then you may have recourse through local and city ordinances.

2. Fences: An ugly fence is an eye-sore to be sure, but as a homeowner you have no recourse against ugly (unless your HOA has specific fencing specifications).

A fence that is in disrepair, however, is the responsibility of both you and your neighbor. According to legal experts at nolo.com, "Unless the property owners agree otherwise, fences on a boundary line belong to both owners when both are using the fence. Both owners are responsible for keeping the fence in good repair, and neither may remove it without the other's permission. ."

3. Noise Disturbances: Nearly every town has a noise ordinance, which generally outlines the reasonable times and decibel levels at which a resident may make "noise." If you are having a recurrent issue with a neighbor, it may be best to allow local authorities to enforce their own ordinance.

When an issue arises, take it upon yourself to talk to your neighbor one on one. Approach the situation gingerly. Be conscious that for every viewpoint of your own, there are 10 other, and equally valid, points.
Try not to broach a subject when you are angry or emotional. Matters of property are not ones to discuss while heated. Listen carefully to your neighbors opinion on the issue. And then express yours as calmly and clearly as possible. Be willing to make a compromise, as well as to offer concessions to a neighbor.

If a calm and direct approach does not work, then you will need to hand off this issue to the appropriate authorities. Your first stop is your local Homeowners Association. If no HOA is over your jurisdiction, then local city officials may be able to help, depending on the issue.

Your final course of action is legal. This may, of course, break an already stressed relationship, so you must be prepared for a strained environment if you do so. If a legal decision is rendered that is not in your favor, be sure to accept it and to move on. There is no need for harassment or childish behavior.

Join Our New Facebook Page for Penfield Rd!

2010-08-13T12:29:00.001-04:00

Do you live along the Penfield Rd./Route 441 corridor? Or do you have any interest in re-locating to that area? If so, join our new fan page on Facebook, “I Live on Penfield Rd./Route 441”.

This page was designed as a way for neighbors to get to know each other and to share information and concerns about the area. Those who are looking to move into the area to garner more information can also use it.

We hope that people will maybe share information about favorite restaurants or stores in the area. Maybe you can even share with us your favorite evening walk route! We also hope to plan some events such as a neighborhood garage sale, or Christmas decoration competition.

So, please join us if you live in the area of Penfield Rd./Rte. 441 or have any interest in the area!

http://www.facebook.com/home.php?#!/pages/I-Live-On-Penfield-RoadRt-441/145009575517494?ref=ts

Moving the Family Pet

2010-08-11T21:32:00.000-04:00

In all the things that we do to prepare for a move, the one thing we sometimes overlook is how it will effect the family pet.

Our pets thrive on our love, but they also thrive on routine. A move can be a hectic time, where daily walks, feedings, and sleep schedules may be interrupted.

Here are five tips to make your move more pet-friendly.

1. Veterinary Visit. Your veterinarian is a wonderful source of information and resources about your upcoming move. Be sure to ask them about sedation options for air or car travel, vaccination boosters, and even micro-chipping. Your dog or cat may be disoriented by the move, and using micro-chipping and updated tags can be helpful in recovering a lost pet.

If moving to a new area, be sure to scope out a local vet's office if needed, as well as an emergency vet clinic, for those accidents that always seem to happen when we're least expecting.

2. Car Travel. It is best to hold food from your dog 4 hours prior to travel, especially if they are not used to car trips. Even dogs get car sick! Take frequent bathroom breaks along the way, and be sure to offer water during stops.

3. Familiar items. Part of a healthy transition is to surround your dog with familiar pieces, such as bedding and toys. If your dog is used to sleeping in a bedroom, consider setting up their space first thing during the move. This can help them to feel secure, even in the chaos of a move.

4. Food. Sensitive digestive tract or not, a move is not a time to change the type of food you feed your pup. So be sure to stock up on their preferred variety before the move to ensure you don't run out. Also, be sure to feed at your normal time in order to keep up your daily routine.

5. Dedicated Playtime. Exercise is extremely important for the physical and emotional health of your dog. A move can be a stressful time, making exercise even more important. Be sure to take your dog on daily walks, and to spend a good amount of time on stimulating play.

Use these simple steps to help your pet transition smoothly into his new home

Buying land, is it a sound investment?

2010-08-09T20:30:00.000-04:00

People are living longer healthier lives so there are longer retirement years. Also people want to be able to travel, possibly have a second home, and generally have money in order to enjoy their retirement years. There are many ways of saving money and planning for the future. A great solution is land investment.

Purchasing land can be done with two missions in mind, either anticipating building a second home or newer/retirement home on it or re-selling it for a profit one day. You may find you might even change that mission as you go along. Having the knack of knowing what area maybe in demand someday that a developer would pay millions for is a big bonus when picking a plot of land, but we can't all be so lucky. But make a decent some is perfectly reasonable.

Land investment is a solid way to turn a profit in a fairly short period of time, especially if the land is located in a growing area. There will never be more land created, so it is a closed market. The taxes on undeveloped land are very reasonable so the investment is cost effective. There is no maintenance involved and land prices are usually not affected by the stock market. This makes for a sure, sound investment if you are looking to expand your portfolio.

Saturday’s Great Gastronomic Adventure

2010-08-08T08:24:00.000-04:00

After reading the recent issue of Edible Finger Lakes, I decided to plan an outing with my family that included several stops at places I had read about.

The journey began at 8:30AM. We piled into the car and headed to Bruegger’s (not mentioned in the magazine BTW) for bagels, coffee and chocolate milk for Jack. And then on to King Ferry and our first stop.

At 10AM we arrived at the McGarr Farm and Dairy for a visit with Keeley McGarr, cheese maker extraordinaire! http://www.keeleyscheeseco.com/ We sampled her two semi-soft creations both made from raw milk and one washed with Chardonnay from the King Ferry Winery. One of them reminded me of one of my Italian favorites, Taleggio. We bought a chunk of each and made our way to the next stop.

At 10:30AM we pulled into the King Ferry Winery, http://www.treleavenwines.com/, the first unplanned but necessary stop. Someone had too much coffee! Feeling obliged we bellied up to the counter for a tasting. Admittedly, New York State wines are not a favorite but two which we sampled were palatable enough to buy. We left with a bottle of the estate Pinot Noir and the barrel fermented Reserve Chardonnay. An expensive pit stop!

After the tasting we dashed back to route 34B and south along the sunny shores of Cayuga Lake, through Ithaca, and north, now on the Lakes east side, on route 89. Next stop lunch!

At Noon we arrived at The Copper Oven at Cayuga Ridge Estate Winery in Ovid. http://www.slowfoodonthego.com/ Our repast, two mouth-watering wood fired pizzas made with local ingredients. Delightful and sated now a stroll through the vines and short repose on the winery’s rolling hills before the last leg of our trip.

On our way north we made the second unplanned stop. The Normal Bread Company in Geneva. http://www.normalbread.com/ A round of Sourdough, 7 Grain, Cheddar and of course cookies for Jack and we were back on the road to our last stop in Lima.

At 3PM we arrived at the Seven Bridges Farm to pick-up some hormone free, pasture raised beef. http://www.sevenbridgesfarm.com/ Along with the beef we bought a couple of chickens and a few heads of site grown garlic for the pantry. On the way home we busted out a bag of their beef jerky. Succulent, smoky and sweet.

Finally back home we prepare our dinner. Pondhopper cheese from Keeley McGarr and 7 Grain bread. Pinot from the King Ferry Winery. Porterhouse steak on the BBQ. Next time join us for a caravan excursion!

Is Your Home Redy to Show?

2010-08-05T19:35:00.000-04:00

So you put your house on the market, you're ready to get that thing sold! You just sit back and wait for the hoardes of buyers to come through and one will buy, just like that? No.

A good test is to get a friend to come over, one who doesn't come over often, and give you their opinion. Would they buy your home? Doesn't it look appealing? Clean? Inviting? And then ACT on their advice.

One of the most common complaints is that homes have too much clutter. Most buyers don't have the ability to see past the "stuff" and just look at the house. So, you, the home owner must present your home in the best possible light. You need to get rid of the "stuff". Less is more.

The best way to get rid of the clutter is to throw out, give away, or sell what you don't need. If that is not possible, get a temporary storage unit and put as much as you can in there, just keeping minimal furniture and personal items in the house. What personal items you do keep in the house (i.e. jewelry, toiletries, figurines) should be kept in cabinets, drawers, closets, etc.

And most importantly, keep your home clean.

Credit Score Myth Busters!

2010-08-02T21:48:00.001-04:00

There are many misconceptions about what effects a credit score. Here are a few myths about what effects your credit score:

1. Bouncing a check. A returned check for insufficient funds in your checking account will not reduce your credit score. Information from your bank accounts is not reported to any of the credit bureaus, thus it has no effect on your credit score.

2. Checking your credit report. Checking your credit report at AnnualCreditReport.com once a year from each of the three credit bureaus will not only not effect your credit score, but it is a wise idea. This credit check will not be a ding on your credit and it will help you keep an eye on what is on your report and what shape your credit is in. Do not buy into any of the scams that make you sign up for a service and spend money. AnnualCreditReport.com is all you need to know.

3. You need to get rid of all of your debt. Wrong! You need to show that you have some ongoing, current credit. It is wise to have at least one credit card and use it once a month and pay it off or make on time payments each month, to show that you have active credit.

4. Pay off your mortgage. Again… wrong. It’s good to have a mortgage; it shows you have assets and equity. It provides a lot of leverage in the credit world.

There are many more myths and tips. It is wise to speak with a credit specialist such as a banker or mortgage broker if you have concerns or questions on your credit. Your best offense is to find out your credit score and consult a financial expert with questions.

Digital Devices May Cause Eye Strain

2010-07-31T20:26:00.000-04:00

Eye pain, fatigue and headaches are common indicators that your digital devices may be causing you discomfort. These devices include computer monitors, TVs, Smart Phones, video games, anything with a lighted screen.

According to recent research with VSP Vision Care eye doctors, 33 percent reported that nearly one third or more of their patients suffer from symptoms of Computer Vision Syndrome or digital device-related vision problems. The most common symptoms of patients suffering from Computer Vision Syndrome include eye strain, dry or irritated eyes, fatigue and headaches. Yet, two in three eye doctors report 20 percent or fewer of their patients even know what Computer Vision Syndrome is, showing a low level of understanding of the condition.

It is important for everyone who uses these devices often to get an annual eye exam and discuss their digital usage with their eye doctor. VSP Vision Care recommends the following tips to help lessen the symptoms of computer-related eye strain:

1. Blink often. This will help keep your eyes moist and prevent dry eye.

2. The 20/20/20 Rule: When spending long periods in front of a digital device, every 20 minutes, spend 20 seconds looking at something 20 feet away to allow your eyes to rest.

3. Ensure Proper Lighting: Poor lighting often causes eye strain. To help ease the strain on your eyes, keep bright lighting overhead to a minimum and position your desk lamp to shine on your desk, and not at you. Position your computer screen in a way that reduces reflections and glare from windows or overhead lights.

Pay attention to how you are feeling when you are using these devices, and take these steps to ease eye discomfort. A little prevention goes a long way.

Tips for Your Final Walk-Through

2010-07-28T20:39:00.002-04:00

As part of a real estate deal, a final walk-through is always offered. Do not pass it up! Within a week before you close take the time to visit the home you are buying again. Take the time to inspect the items that you may have negotiated to be repaired or changed. Make sure nothing has changed significantly since you were last in the home. It’s helpful to bring your purchase contract with you to check off the items that were supposed to have been taken care of.

Also make sure any items that were promised in the contract are still in the home, such as appliances, window screens, storm doors, remotes, ceiling fans, window treatments, landscaping and fixtures. Make sure that the major systems are properly working such as heating, cooling, plumbing, and hot water heater. Be on the lookout for any damage that wasn’t there before that could have been created in the move, such as holes in the wall or scratches on the floor, and outside damage as well. You are also entitled to a “broom swept” home; you don’t have to accept it’s condition if it is filthy.

You have the right to buy the home in the condition you thought it was in the last time you saw it. Exercise your right to inspect the home and make sure everything is in order, because after the sale has closed, it is not the seller’s responsibility anymore, and nothing can be done about it. Make sure you get what you paid for!

Know Your Budget Before You Buy

2010-07-26T22:13:00.000-04:00

There are many things you need to consider before buying a house, however there is one that should take precedence… your budget.

Most people don’t take a good hard look at their budget and crunch numbers before buying a home. It really is the smartest thing you can do to prepare for acquiring a new home. First, add up all of your income, if you are a couple, add together all sources of income, AFTER taxes. Then add up all of your monthly expenses, this includes everything from utility bills, to credit cards, car loans, food, entertainment, dry cleaning, hair cuts, etc. You must take everything into account to see how much you can comfortably spend on a mortgage payment each month.

However, you must also leave enough room in your budget for the expenses of being a homeowner – repairs, appliances, decorating, etc. This will give you a nice buffer when you come across unexpected expenses and it will help you in deciding on whether you can afford the repairs on the “fixer-upper” you thought would be a great deal or go with the one in better shape.

Thoroughly planning a budget will ensure a much more enjoyable homeownership experience.

Know Thy FHA Changes...

2010-07-23T15:05:00.000-04:00

An FHA loan is a very valuable tool with it’s low down payment requirements, lower credit score requirements and the allowance of non-occupying co-borrowers. In the recent slow economy FHA loans have been in big demand, but unfortunately, dealing with that high capacity has lead the government to make some changes. Some changes are already in the works, inevitably more will follow.

One such change that has already been made is An increase in FHA Up Front Mortgage Insurance Premium. This change became effective April 1, 2010. UFMIP went up from 1.75% of the loan amount to 2.25% of the loan amount.

Impact to consumers--Higher up front and/or monthly expense if fee is financed.

Two changes that are in the works and will likely take effect:

1. An increase of FHA Monthly Mortgage Insurance. If enacted it will be an increased monthly expense to consumers.

Impact to consumers--Buyers with tight debt ratios will qualify for lower loan amounts.

2. A decrease in maximum seller contribution from 6% to 3% of contract price. If this does come to pass, it may negatively affect sales in some markets.

Impact to consumers--Those who lack cash for closing costs or downpayment assistance and rely on seller contributions for such, will no longer be in a position to purchase.

These are somethings to be aware of when considering an FHA loan. Don’t necessarily leave everything up to your mortgage professional, feel free to do some reading up yourself and ask questions. An educated consumer is always a better consumer!

The Price is Right!

2010-07-19T23:12:00.002-04:00

Some 24 percent of listings currently on the market in the United States as of July 1, 2010, experienced at least one price reduction, according to Trulia.com.

What does that mean to you, the buyer? It means there are deals to be had. It's still a buyer's market. Your negotiating power is stronger than ever. There is still a slight imbalance sometimes between what sellers think they should get and what the market will actually bare. So it is to the buyer's advantage to have an astute real estate agent research other comparable sales in the area and negotiate with the seller.

What does that mean to you, the seller? It means you need to choose a real estate professional who will price your house right. You need to have an agent who will research recent sales in the area and find out what your home is really worth and price it accordingly. This will lend itself to getting your home sold quickly without any price reductions that just prolong the sale. An agent such as myself, will price it right the first time!

Despite some painting a gloomy economic picture right now, it is really a great time to move real estate!

2010-07-04T05:50:00.000-04:00

What an awesome day yesterday. The unexpected unfolded and it made for a really terrific 4th of July celebration. Great friends Marisa, Phil, Natalie and Philip, Bruna and Rocky joined us for the Town of Penfield Parade. Panini and a beer afterwards for lunch and Mesquite smoked ribs and fixens for dinner. Such a treat to be able to spend some time with family and friends and to cook an amazing meal.

Market Ambles Towards a Solid Recovery

2010-06-26T06:48:00.000-04:00

Wow, what a June! Figures all of the pre incentive deadline transactions had to close sometime, eh?

In my real estate practice I noticed a significant drop in activity in May. Expected I guess but kind of scary in light of the unpredictability of the market and where its been the past 24 months! Fortunately both buyers and sellers seem to be back in play. The market quiets down in July and August. I'm always bullish so I think 2010 will break the quiet trend during these months.

Discover the featured listings at http://www.realestateonthemove.biz/. New listings added everyday.

2010-06-03T15:18:00.001-04:00

The market is the market, sometimes dynamic and sometimes not. Sometimes worse than others and sometimes better. But statistics don't lie!

I've been watching Monroe County home sales for the past few months and see something of note in the numbers. Weekly median sale prices show an uptick over the median year-to-date and the prior year-to-date. This seems to be the experience both in the suburbs, collectively, and in the City of Rochester. During the comparative periods the sales volume has been relatively the same.

Why is this significant? What does it mean? This means that sales price continues to rise here but a look at the magnitude of the numbers says that the upward move is cautious. The trend is positive though and something to be pleased with in light of the news reports we hear from other communities. Lets see what the numbers say at the end of the summer. Hopefully the trend continues. I am bullish on the trend! How about you?

Visit http://www.realestateonthemove.biz/ and see our featured listings! Search FREE for your dream home.

First Impressions

2010-05-28T06:59:00.003-04:00

The summer real estate season is almost upon us and its time to get your house ready to sell. And as the saying goes, you only get one chance to make the first impression and this is so true when preparing your house for sale. So, sellers, make your to do list! (Here are some tips to help you get moving…)

Get control of clutter. A cluttered home often looks cramped and small. The key here is to declutter by removing all those knick-nacks and personal items, file your paperwork and eliminate items that will divert buyers.

Kitchen and bathrooms should be spotless. Concentrate on your kitchen and bathrooms. De-clutter here too by eliminating personal items from your refrigerator door and packing your countertop appliances, canisters, etc. This will save you time packing later! Spend some extra time in your bathroom making sure this is spotless. The potential buyers looking at your home will appreciate it.

Time to refinish hardwood floors. Your hardwoods are a major selling point. Show them off by refinishing or at the bare minimum give a good cleaning. Sparkly hardwoods will make your home seem comfy and cozy and it will give your house an advantage in the market.

Paint, Paint, Paint. Painting is some of the least expensive and quick changes you can make. Neutral colors are best for marketing your home for sale. Choose a warm white or beige; your potential buyers will see a blank canvas to decorate their home.

Rent, buy or even borrow! Listen, it’s time to get rid of the old sofa you have in the family room. Why not borrow from a neighbor or think about buying a new piece for your new home? Even though potential buyers are not purchasing your furniture, you don’t want to give the impression you live in tattered home. They may think, if they let the couch get that bad, what else did they not take care of??

So, when making your to-do list, think about these important items to get your house ready to sell. Remember, you never get a second chance to make a first impression. Make your impression count, and you will get your house sold!

Focus on The Towns: Brighton, NY

2010-05-26T07:04:00.000-04:00

This week’s focus is on Brighton, NY. Located within the Rochester metropolitan area, Brighton has a population of over 36,000 residents. It boasts some of the finest schools and parks in New York and is filled with historical charm!

According to Citytowninfo.com, Brighton was first settled in 1790 but not formally established until 1814. The town was named after Brighton, England and became a brick making and farm community in the 20^th century.

Although it may not be a farming community now, it has one of the city’s most popular farmers markets! And since opening day of the Brighton Farmer’s Market is Sunday, May 30^th, I thought it might be fun to talk about. The market was established in 2008 as part of the Town’s Color Brighton Green initiative, encouraging residents and businesses to partake in environmental sustainability.

The Brighton Farmers Market tells us more about what sustainability means: “The market aims to support farmers who use sustainable growing methods and to encourage farmers to move toward greater sustainability. Some of our farmers are certified organic, which means they submit to a rigorous, government-regulated certification process. Others have chosen not to be certified, but nevertheless raise their crops following the same methods, using no synthetic chemical fertilizers, pesticides, or herbicides. “ A sustainable food system is something the whole community can benefit from!

In addition to opening day, the market is hosting a Color Energy Green Fair where local companies will offer information on energy related topics. The fair is June 13.

The Brighton Farmers Market is one of the city’s finest gems and I encourage you to check it out!

Focus on The Towns: Penfield, NY

2010-05-18T09:45:00.000-04:00

I thought I would change things up a bit and focus on Rochester, NY's fabulous suburbs. And what better way to start? Penfield, NY. Of course, this is where I grew up and I have a long history in this town serving on its boards and just trying to make it a better community!

And Congratulations are in order because 2010 marks Penfield's Bicentennial! In the past, Penfield was known for it's rich milling and agricultural community and now, even though the mills are gone, it has grown to over 35,000 residents!

Want to help celebrate Penfield's Bicentennial? Or maybe just take the family for a night out? Here are some June Events you might enjoy:
June
4 - Taste of Penfield - 5:00 pm @ Penfield Amphitheater
5 - Music Fest Weekend - Penfield Amphitheater
6 - Music Fest Weekend - Penfield Amphitheater
13 - Penfield Bicentennial Interfaith Prayer Service & Crop Walk
21 - Bicentennial Golf Tournament - Shadow Lake Golf Course

Of course, you can always visit the website at http://www.penfield2010.org/Home_Page.php for additional information.

I've Been Workin' on The Railroad (Jack tells all...)

2010-05-11T10:33:00.002-04:00

I was so excited…Dad got us tickets to Thomas the Train! With eager anticipation I waited, and waited and waited. With all the trees in bloom and warm weather we were having, this was sure to be the best day of my life! Come on! I get to see all my island of Sodor friends! ( and there are hardly any girl trains…which I am glad about because I am not fond of girls…except Mommy and Nonna…and Aunt Holly…never mind, I take that back)

So, I am not sure because I am still a kid, but this was the coldest and nastiest day (weather wise) ever! But hail, wind and rain were not going to stop me and my pops from going to see Thomas. I was going to take that 25 minute ride if my life depended on it! And that was exactly what I did….it was so fun…I think even Dad enjoyed himself. And I got to meet Sir Topham Hat, to boot. There were times when we were talking, that I thought the wind would blow over Sir Topham Hat and Dad…but they stayed strong. I want to be just like that when I grow up!

I am the coolest kid ever…I got to be a junior engineer for the day. I got a cool hat and a special certificate stating how I have completed all of junior engineer requirements: riding the train, shaking hands with all the right people, doing the maze and playing in the “Engine Shed”. My life is good….

I wonder what Daddy has planned for me next???

Carmen helps the Senior Citizens

2010-05-04T11:32:00.001-04:00

I just want to thank everyone for your kind words and recommendations. It is indeed a pleasure to serve you and I thank you for joining Rochester's future leader in sales and service. I wanted to share with you a recent recommendation from a senior citizen couple I am working with:

"Carmen Lonardo has helped us tremendously. As senior citizens, with lots of questions, Carmen is patient and insightful. We feel that Carmen always strives to deliver better than expected results, as he has connected us with third-party resources to deliver advice, guidance and a new kitchen! Carmen is a trustworthy, personable, and diligent realtor. His strong work ethic coupled with his attention to detail will sell our home quickly and for a great price. Thank you, Carmen for taking us under your wing and making this a very smooth process." Ray and Beverly P.

With this recommendation in mind, I recently posted an article on Facebook regarding Seniors Looking to Downsize . I thought it would be appropriate to say a few words on this subject.

Ray and Bev are in their 80's but are still very active and social. The apartment they will be going to will have activities, outings and lots of people! Phoebe Chongchua says in her article,"Specific items that tend to appeal to this group are buildings with doormen and onsite maintenance staff, alternate transportation such as a senior shuttle or bus stop nearby."
These types of amenities will allow them to keep their freedom and still be able to be safe.

Even though Bev and Ray are excited about downsizing, it is also a trying time. So, when looking for senior housing for your family or friends, do your research. A great article to start with is Cutting Your Stuff. Not only is selling your home a large financial decision, it can be a huge sense of loss.

I would be happy to answer any additional questions regarding selling your senior citizen's home. And provide additional references if needed!

Thank you again!

Sorry that is not covered....

2010-04-28T20:01:00.002-04:00

Whether you like it or not, you will have to get homeowners insurance if you are getting a mortgage. What if something happened to your new home? Well, if you have insurance, you get money to repair or rebuild depending on the nature of the misfortune. Without insurance, you are out of luck… The mortgage company requires that you have insurance to protect their investment in your home. They want to be able to get their money back if the home burns down too. After all, it is their investment.

Here are some things you should know about a homeowners insurance policy. For instance, what does it cover? In general, your policy will cover the repair costs to fix or rebuild your home (and even structures on your property like a shed or detached garage) in the case of some catastrophe, or peril. Some perils covered are a fire in your home, water damage from a broken water pipe in a bath or kitchen, damage due to a fallen tree, or even wind damage.

Be careful, though…many homeowners policies do not cover losses due to flooding, especially if you live in a flood plain. Many natural disasters or catastrophes are only covered with additional policies. If this is your first mortgage policy, the mortgage company should tell you what type they need.

Here’s a bonus- your policy will cover most of the personal items in your home ( not including cash, jewelry, furs, personal papers). Ask your insurance carrier exactly what is covered. While you are at it, ask about Personal Injury coverage too.

What is personal injury coverage? It protects you against any personal injury claims like if someone slips and falls on your property. And , in the case of liability, members of your household can be covered even if they are away from your home.

Most importantly- ask your insurance carrier lots of questions, because you do not want to hear them say, “Sorry that is not covered” after something happens to your home, or personal items, etc. Here’s a tip- You should also touch base with your insurance company at least annually to review your policy coverage to make sure you are fully covered. In this case, surprises are not good.

$$ to Renovate Your New Home

2010-04-14T19:01:00.002-04:00

Have you heard about The FHA 203k Program?

The FHA 203k program was designed to deal with the vicious circle that exists for buyers who need to "fix up" or renovate their property in order to make it habitable. The FHA 203k allows you to purchase or refinance a property plus include in the loan the cost of making the repairs and improvements. The loan is provided through approved mortgage lenders nationwide.

The FHA 203k program is available to people wanting to occupy the home not necessarily investors but owner- occupiers.

So what are the requirements?
• downpayment requirement for an owner-occupant is approximately 3% of the acquisition and repair costs of the property.
• show a steady income sufficient to cover the repayments on the full mortgage amount.
• you need to be at least two years out of bankruptcy and three years past any foreclosure or deed-in-lieu

How do I Secure A 203k Loan?
• Contact an approved FHA 203k program lender and supply a detailed proposal.
• The FHA 203k program lender will appraise the future value of the property.
• The FHA 203k program lender will approve the loan (assuming the borrower qualifies).

For more information, visit FHA Loan Requirements

Celebrate Earth Day and Recycle

2010-04-08T07:15:00.000-04:00

Electronics like telephones, radios, TVs, computers and cell phones are items we rely on daily. With an ample supply of newer, faster electronic products on the market, Americans continually replace older models. And this trend shows no signs of decelerating. As a result, electronics have become one of the fastest growing “waste streams” or portions of our trash. This section of waste is referred to as electronic waste, or e-waste.

E-Cycle St. Louis gives us some reasons why we should recycle our e-waste no matter where we live:

Conserves natural resources - Valuable material can be recovered from old electronics, and these materials can be used to make new products. For example, precious metals are used in computer circuit boards and other electronic components, and of course glass and plastics are used for TV and computer monitors. Recycling these products reduces the need to mine the earth for new raw materials.

Supports the community- Donating your old electronics supports schools, low-income families, and non-profit agencies by providing them with refurbished computers, cell phones, and other electronics. Individuals are helped by being able to access technology that they could not otherwise afford. Check with these groups first to make sure your equipment meets their needs.

Creates jobs locally – As demand for electronics recycling grows, new businesses will be forming and existing companies will be looking to hire more people to staff their facilities to recover recyclable materials (more than 90% of electronic equipment is recyclable!).

Protect Public Health and the Environment

Most electronics contain hazardous or toxic materials which can cause an environmental problem if discarded in the trash. Safely recycling and reusing electronics helps keep substances like lead and mercury from harming people or the environment.

Lucky for us, on Saturday April 24, 2010, at 1:00PM, Sunnking has teamed up with Flower City Habitat for Humanity Rochester for an America Recycles Day. Sunnking welcomes and encourages all Monroe county residents to recycle your old and unwanted electronics in recognition of Earth Day as well as supporting Habitat for Humanity. There are two locations:

Imagine It Recycling

565 Blossom Rd, Suite D

Rochester, NY 14610

Penfield DPW garage

1607 jackson Rd.

Penfield NY 14526

But for more information check out http://sunnking.com/index.php?id=44. Come on, Rochester! Do your part to recycle e-waste and celebrate Earth day while your at it!

Jack Tells All Part I

2010-04-07T07:57:00.000-04:00

My dad, Carmen, thinks I’m a funny kid. Well, I am a funny kid…I get it from him! Please allow me to introduce myself. My name is Jack and I run the Lonardo household in Penfield, no matter what Mommy and Daddy think. I am smart, I am cute and I am two years old…Yeahhhh…

The other day, Dad and I were cruising around doing the guy thing. Actually, we went out to buy Chocolate Easter Eggs. This was Saturday. (Isn’t it a little late, Dad?) As we drove by McDonald’s, I called out, “French Fries! French Fries” . I think old Pops was a little suspicious because he asked me how I knew about McDonalds. He never took me there…OK! OK! So I went there with Mom a couple times…big whiff! I like the Happy Meal toys…but seriously Dad, I mostly know about McDonald’s from TV. I’m lovin it.

They don’t give me enough credit. As I mentioned before, I am a smart kid…The other day, Dad told me we were helping out the poor Easter bunny. Now, Mom and Dad don’t know it, but the jig is up here, folks! Here is what I can tell you about the Easter Bunny: I have never seen him personally but I am sure that I would like him. And I am certain that he is taller than Dad. He drives a yellow HumVee and hands out baskets of goodies to all the kids. I saw the tire tracks on the front lawn, honest I did!

Mom and Dad, don’t put anything past me! I know a lot…like McDonalds, the Easter Bunny and how to drive you crazy by shutting the locked bathroom door at night….The life of a two year old….Yeahhhhhh

My RGE bill just came...

2010-03-24T19:30:00.003-04:00

As head of household and someone that to pay bills each month, I am learning the importance of energy conservation. I can tell you honestly that my bills have been increasing and I imagine yours are too. And with everything I have going on, conserving energy is not always top of mind… until the bill comes…I think there is a disconnect here?

There is a solution! But you need to be proactive. There are several ways to conserve energy and you may find that you can actually save money here. Energy costs continue to rise and they are not likely to come down. So, if you want to cut your bill down, then, you must use less energy.

Here Are Some Ideas and Tips from our friends at Park 37 Staging and Design to help with your energy savings and recycling:

1. Use energy saving bulbs.

2. Use low-flow faucet aerators for sinks and shower heads. This will save a considerable amount of water and money from your water bills.

3. Ceiling fans can help save on the cost of air conditioning by circulating the air quicker and more efficiently.

4. Reduce the temperature of your water heater. A high temperature is using more electricity.

5. Trees can help block out too much of the sun's heat if planted in the right places.

6. Make sure your home has enough or the proper insulation. This can save on your yearly energy costs.

7. Recycle when building or renovating: You don't have to always use new products when renovating.

8. When doing laundry you should avoid doing a bunch of small loads and wait (if possible) to do one larger one to cut back on water and electric usage.

9. Use low-flow toilets and save money on your water bill.

10. Weather strip windows instead of replacing them.

11. Use green cleaners and low-VOC paints.

12. Save rain water in a barrel for watering your potted plants of if you have a small garden.

13. Donate: Give your old kitchen cabinets or bathroom vanity to charity to be used again instead of adding to the trash piles.

14. Plant drought-tolerant plants instead of high water consuming grass to make your outdoors a different shade of green.

15. Compost. Use home recycling bins for kitchen food waste.

16. Use larger windows on the south side of a building for greater heat gain in the winter.

17. Use cellulose insulation because manufacturers add borate or borax to fire proof, insect proof and mold proof your home.

18. Engineered flooring is 1/4-inch thick hardwood laminated with plywood to create a stable floor that stretches our hardwood resources.

19. Don't add that worn tub to the trash piles...have it re-glazed.

20. Buy locally if possible because products travel fewer miles and result in less vehicle air and global pollution.

See? There are lots of ways we can cut down on the amount of energy that we use. Make a game of it with your family and reward them for conserving energy! See if you can save just $5 this month on your electric bill. Not only will you be helping your wallet, but you will be saving the earth too! A win-win for all….

Springtime in Rochester

2010-03-19T13:27:00.003-04:00

The weather has been so wonderful here in Rochester, NY. Hard to believe that it is in fact, Rochester. And with tomorrow being the first day of spring, there is so much to be excited about! All of the great festivals, concerts by the shore, picnics, boating, hiking, kayaking, strolling and camp fires... this is the fun part of spring and summer in Rochester. But there are lots of things that you have to do, especially if you are a home owner, that maybe aren’t so fun. Like spring cleaning, lawn care service and spring deck prep.

I have a friend who loves to clean; says it relaxes her. I love to cook and that relaxes me, so I understand where she is coming from. But cleaning? She must love spring time! You can attack spring cleaning in chunks with one room at a time but for my family it consists of getting rid of clutter you don’t need. How do you do this? Force yourself to survey every room and jot down all of the problem areas and then tackle one problem at a time! Are the shoes piling up at the front door? Think about how you want to organize them, put your plan in action, and stick to it. Remind family members monthly of your new organization and 2011’s spring cleaning will be a snap!

Are you one of those people that has a lawn care service that takes care of mowing and fertilizing? Then, this paragraph is not for you because I want to talk about your lawn mower! One of the first things you need to do before you start your spring lawn care is to service your lawn mower. A good idea is to start doing this in the fall before you put it away for the winter. Then in the spring all that is needed is oil, gasoline. But if you didn't take care of all the details last fall, do it now, before your mowing season gets serious. Balance your blades by putting a screwdriver in the center and seeing if they wobble. If so, find the imbalanced side and fix it. You may have to file down a side a bit to get the blades to balance. Replace them. Put in gas and oil and get mowing! (Especially if Rochester weather cooperates the way has been.)

And finally, my favorite part! Moving the patio furniture out of the garage and onto the deck! Before we do this, make sure you clean, restore and protect your deck so you can get the most out of it during the spring and summer months ahead. Wolman Wood Care Products suggests cleaning the deck thoroughly to remove embedded dirt, fungus stains and gray surface wood Deck with a formulated deck cleaner like Wolman & Fence Brightener. The weathered gray wood left behind from last year’s sun exposure, black or green stains from mildew, moss and algae, or brown-black tannin bleed common on new Cedar can ruin the look of your deck. Do you have a new deck? Even newly built decks can require cleaning to remove invisible surface barriers like mill glaze on new Cedar or excess wax on pressure-treated wood.

Spring is here so get out and take care of your chores so you can enjoy spring and summer in Rochester!

A Great Team = Great Properties

2010-02-22T22:55:00.003-05:00

Hi there!

Let me start by thanking Carmen Lonardo (Remax Realty Group) for inviting me to his blog. He and I have been working together for some time, and in that time Ive come to see the drive and dedication he and his colleagues have for their profession. They value professionalism and customer service above all. It didn't take me long to realize that they only surround themselves with great people and companies to work with. I'm proud to be apart of their business infrastructure.

My name is Josh Zamiara, I own and operate Artisan Techniques, INC. We provide residential and commercial customers, in the Rochester area, with exceptional remodeling and renovations. Customer service and quality are the TOP priorities.

Artisan Tech engages in great deal of real estate projects, both on the purchasing and selling side. Much of this originates from Mark Siwiec (Remax Realty Group)and his team. When I say "real estate projects" it generally means customers getting their property in top condition to list and/or making the new house they purchased become their home.

Each of these aspects are exciting and rewarding. Both involve the obvious constraints of time and money, yet both allow for the collaboration of client, realtor, designer, contractors and vendors. Each using their talents to make a house more marketable or desirable to live in. Its amazing what THIS team can accomplish on literally any budget!

Credit Cards Impact Your Credit Score?

2010-01-30T06:28:00.000-05:00

I am always asked questions about credit scores and what factors are important in establishing and maintaining good credit scores. Credit cards impact our credit scores but its not always bad. RISmedia's magazine, Real Estate, featured a very helpful article in its January 2010 issue. Read it here How Many Credit Cards in Too Many?

Bullish on the Rochester Real Estate Market

2010-01-09T06:27:00.014-05:00

It really is beginning to look like the local real estate market is about to experience another shift. A positive one this time! The basis for the 2010 real estate market shift is pent-up demand, fueled by government stimuli and low interest rates.

There is no question that the 2009 federal tax credit for first time homebuyers helped stimulate real estate sales. Many new buyers, however, remained on the fence at the end of the year. Some were cautious but many others were just joining the market in the fall and did not have a selection of new listings to choose from. These holdovers, along with new market entries enticed by the extension and expansion of the tax credits for both first time and move-up homebuyers, both groups poised to take advantage of continuing low interest rates, present a motivated pool of home buyers.

In spite of increased market activity last year, sales of homes in the upper price points languished. Home buyers were active at the $200,000 price point and below. Sales of homes listed above this threshold were slower and virtually non-existent higher up the market. There seemed to be no compelling reason to buy at the $300,000 and up price point. As a result, and unless personal circumstances trumped otherwise, there was no compelling reason to sell at this level either.

Is there pent up buyer demand at the higher price point? Are sellers at the higher price point confident enough to finally join the market? Whether this ready pool of buyers will help sales at the upper end of the market remains to be seen but I am quite bullish on the market

There is significant evidence that we are in the midst of an economic recovery. Sellers at the upper market level who have been patiently waiting for a recovery smell the opportunity. I am expecting to see a large influx of new listings at the higher price points this year. Entry level buyers will re-create the market activity of 2009 at the affordable end which will cause move-up buyers to take advantage of the stimuli expansion and lower rates and help create a market at the middle and upper ends of the market.

Call me overly bullish but I see the potential for this market shift firsthand. I am blessed to be part of the Mark Siwiec Team within the RE/MAX Realty Group organization. Our team alone will be putting approximately $8 million of listings on the market within the next several weeks. We are ready for the market to take-off. Are you? Check out our new listings at www.realestateonthemove.biz

Generation Yers, A Different Kind of Consumer

2009-12-30T07:00:00.004-05:00

Generation Y, the up and coming age cohort that will have significant impact on the world economy, is made up of a different kind of consumer. This article has some thoughtful insight for real estate and any industry. Gen Y – Leading the Charge into the Future | RISMedia

Questions to Consider Before Purchasing a home

2009-12-19T07:17:00.001-05:00

RISMEDIA, December 15, 2009—(MCT)—Interest rates on the benchmark 30-year, fixed-rate mortgage dipped to a 38-year low recently, giving consumers another reason to consider purchasing a home or refinancing their current one.

Freddie Mac recently stated the average rate on a 30-year loan was 4.71% with an average 0.7 point, the lowest rate since the agency began its weekly tracking of long-term interest rates in 1971. A point is equal to 1% of the loan amount, payable as a lump sum at closing. While the decline wasn’t overly dramatic, the dip is likely to get people wondering whether it’s time to sign on the dotted line.

The 5 following questions may help you decide if now is the time to go ahead and purchase a home or refinance your current home.

Q: Why are rates so low?
A: Since early January, the Federal Reserve has been purchasing mortgage-backed securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae in an effort to stabilize the housing market by making homes more affordable for consumers. The Federal Reserve Bank of New York, which is managing the program, plans on purchasing $1.25 trillion of securities.

Read more: 5 Questions to Consider Before Purchasing a Home | RISMedia

Fire Place Safety

2009-12-05T05:55:00.002-05:00

You can help to ensure that you enjoy years of warmth and comfort from your gas or wood-burning fireplace by performing regular maintenance and safety practices. Before lighting your fireplace, keep these safety tips in mind:

Have your chimney inspected annually and professionally cleaned as needed.
Install a guard on top of your chimney to prevent animals or debris from getting in and blocking it.
Keep the area around the fireplace clear of any flammable objects and use a fireplace grate or screen.
Keep children and pets away from the fireplace and never leave unattended.
Never use gasoline or any liquid accelerant to help start your fire.
Install both a carbon monoxide detector and a smoke alarm in your home. Check the batteries regularly.
Have a fire extinguisher readily available.
Make sure the fire is completely out before going to bed or leaving the house.

Rochester Housing Prices Rise

2009-09-23T09:50:00.003-04:00

A recent report released by the Brookings Institution says that our area ranks as one of the best performing metro areas in the nation. Housing prices, in particular, among other criteria analyzed in the report, not only rose 3.1 percent in the second quarter of 2009 but also rank us 9th in the nation. I honestly believe that this is positive proof that our local economy is on the upswing and that perhaps in 2010 the real estate market will begin to experience some level of normalcy.

Lawrence Yun at National Association of Realtors Speaks About Disappearing Buyer Hesitation

2009-09-07T08:29:00.001-04:00

After four years of declines, home sales on a national basis finally appear to be turning around. Closed sales, which have risen three straight months, and pending contracts, up for five straight months, are at levels above normal spring and summer increases.

First-time buyers in particular have stepped up to take advantage of deeply discounted prices, low mortgage rates, and the buyer tax credit. In a few markets, the rebound has been quite heated, with sales doubling from year-ago levels. In some cases there's even multiple bidding—though mostly over foreclosed and other distressed properties. Nonetheless, it's clear that buyers are returning.

What's more, home prices and mortgage payments in relation to income are comfortably below historical levels, at least in many markets. That suggests home prices have overcorrected downward.

Some markets, as a result, could experience a snap back in home prices, with price gains in the high single digits or low double digits, compared with historical average annual price appreciation of 4 percent. Houston, Denver, and San Diego are among the markets on track to have better-than-average price gains in the next two years.

Still, the housing market is far from being out of the doldrums.

The economic rebound will be one of the most tepid we've ever seen. Consumers are being extra cautious, saving more to pump up their depleted retirement accounts. The unemployment rate in 2010 is expected to be at around 10 percent. The federal budget deficit will force up mortgage rates next year, though not alarmingly.

But because consumers' view of home values is fundamentally changing, the momentum of rising home sales will likely continue in 2010. Buyers are no longer hesitant about home purchases on the fear of further price declines. And that sets the stage for a steady release of pent-up housing demand.

Rochester Real Estate Prices on the Rise!

2009-06-26T15:52:00.005-04:00

According to the Local Market Monitor (Click the title of this post for the article), Rochester, NY is one market where real estate prices are expected to rise. Many buyers have been motivated to enter the local market by the $8000 tax credit. The news that prices are on the rise should motivate more buyers who are still on the fence. The is great news!

Its Memorial Day Weekend

2009-05-23T06:49:00.002-04:00

Another Summer about to begin! Hooray!! I tilled my vegetable garden so that’s ready. I bought annuals for the pots and beds. My seedling veggies are begging to be planted … I’m ready to go and it looks like its going to be a gorgeous weekend to get the gardening chores done.

But wait, Memorial Day weekend wouldn’t be complete without the inaugural igniting of the grill. I’m planning Italian sausage, Zwiegle’s white hots, hamburgers, potato salad and an ice cold beer – just one! And lots of fun with family and friends.

One additional thought as we get ready to start our Summer … lets not forget our Freedom (capitalization intentional). On this Memorial Day, and on all of those yet to come, please take a minute to quietly reflect on the lives given for this invaluable privilege. Too often we take it for granted and ample evidence suggests we shouldn’t.

Have a safe and wonderful holiday weekend!

Carmen Joins ReMax Realty Group

2009-05-03T14:20:00.002-04:00

On Friday, May 1st, I joined the Mark Siwiec team at ReMax Realty Group in Pittsford. I am looking forward to being a resourceful agent to both my clients and colleagues at ReMax.

WOW! Market Activity Picks-Up!

2009-04-21T16:13:00.001-04:00

I don’t know where the local media gets its information from but anecdotal evidence from my colleagues at other brokerages and my own experience suggests that local market activity is on a huge upswing.

The spring market is usually busy but I think what we are seeing is that protracted buyer fence-sitting is over. There is finally the realization that the bottom was reached months ago and this pent-up demand is being unleashed all at once. Also, information about the $8,000 first-time homebuyer tax credit has begun to saturate the marketplace.

So, buyer demand, economic stimuli, continued low mortgage interest rates, and bottom of the market retail pricing is causing a major improvement in the Rochester real estate market. How long will this last? That remains to be seen but for now it’s feast, not famine!

Has The Internet Replaced Your Realtor - Part 2

2009-03-23T13:51:00.001-04:00

The internet allows us the ability to reach a staggering audience and is an appeal to owners who want to sell their home. “If I can advertize my home on the internet and if nearly 90% of buyers start their search there why do I need a Realtor?” Well, because selling real estate involves much more than advertizing! Selling a home is not easy. The process can be expensive and real estate transactions can be complex, often requiring disclosures, inspections, mortgage documents, insurance policies, deeds, and multipage settlement statements. A knowledgeable expert is necessary to help prepare the best deal, and avoid delays or costly mistakes. A Realtor provides many value added services that the internet cannot which result in a greater selling price and less time on the market.

When it comes down to the nitty-gritty, “for sale by owner” real estate is on the market because the seller (51% according to the National Association of Realtors) wants to avoid paying the brokerage fee. Also, according to NAR, however, using a Realtor to sell is likely to yield a third more in sale price.

A Realtor has the skills required to properly price real estate for a sale. Sure, the seller has knowledge about the community and may even have information about comparable sales but a Realtor is best suited to assess the current market conditions and price the property accordingly.

When a property is marketed with the help of a Realtor, the seller can be assured that prospects are pre-qualified for affordability and to ensure that the home will meet their needs. Prospects are usually shown the property by the Realtor or a colleague and the seller can be reasonably sure that unscrupulous people are not going through their home.

Once an interested buyer is identified, there are many negotiating factors that a Realtor is skilled to navigate. These factors can include selling price, financing, terms, date of possession, and inclusion or exclusion of repairs, furnishings or fixtures.

One’s home is a place where they live and a place to which they have an emotional attachment. Selling that home can be a very emotional process. A Realtor can help by being an objective voice to keep the seller focused and on task. Let’s face it, you might sell a couple of homes in your lifetime. A Realtor will be involved in hundreds and maybe thousands of transactions during their career. Having this kind of expertise on your side is essential and something the internet cannot provide.

Has The Internet Replaced Your Realtor?

2009-02-11T14:29:00.000-05:00

We cannot dispute that the internet has changed the way all of us do business today and even how we shop for personal items. Even if we do not actually buy from a web site, most of us turn to the internet for our “window shopping” and research before we go to the store. This is the same with real estate. Almost 90% of home buyers begin their home search and pre-purchase education by turning to the internet. This isn’t necessarily bad. However, the internet cannot and should not replace your Realtor.

Usnews.com recently published an article by Matthew Bandyk about the pitfalls of online real estate searching. Bandyk lists five common mistakes consumers make when “buying” real estate online without the help of a real estate professional. To me, the most critical of these common mistakes is “assuming you can do it all yourself”. Bandyk lists this as one of the mistakes but I think it is the common thread among all of the blunders. The consumer cannot possibly review all of the information that is online nor, for that matter, decipher which of it is accurate, current and applicable. We are always better consumers when we take the initiative to educate ourselves. But, in a real estate transaction, a Realtor will make sure that the purchase contract protects the parties interests by making sure all the elements are complete and subject to attorney approval. The Realtor will have knowledge of valuations in the area and assist you in paying a fair price for the property.

Is This The Best-Kept Secret or What??

2009-01-08T12:30:00.004-05:00

First-time homebuyers can get an income-tax credit of 10% of the purchase price, up to $7500, if they purchase a principal residence through July 1, 2009. And get this, if you have not owned a home during the past three years ... you are considered a first-time homebuyer!!But, thanks to the IRS, there are some additional rules and income limits. Singles with an adjusted gross income up to $75,000 and couples with $150,000 qualify for full credit. Singles with income up to $95,000 and couples $170,000 will get a smaller credit. If the amount of tax a homebuyer owes is less than the amount of the credit, they get to keep the difference as a refund.The homebuyer begins repaying the credit in two years in increments of about $500 a year over 15 years and if they sell the home before the credit is repaid, the balance is paid off with any profits. If the home is sold at a loss, they own nothing further than what they have already paid back.Let me know if you want more information on how this program works!

Mortgage Rates Continue Downward Spiral!!!

2008-12-24T06:24:00.001-05:00

What does that mean to you? If you have been thinking about purchasing, remodeling, a family vacation, or even paying for college tuition, now could be a great time to refi. Even if you don't have big plans, a refi to a lower interest rate will put more money in your pocket each and every month by lowering your monthly mortgage payments. Now may be the best time to buy that new home you have been thinking about!Don't miss out give Centerpointe Mortgage a call today at 241-3080 to get pre-approved. Mention Carmen Lonardo at Canal Walk Realtors and get a FREE list of homes for sale in your price range and a FREE Home Buyer consultation when your mortgage is pre-approved.

Rates are Down ... Time to Buy?

2008-12-08T13:52:00.002-05:00

Great news! Mortgage rates took a plunge last week! But, lending criteria are still tight. If you are ready to buy a new home now is the time to jump in the market. Rates are low and list prices remain very affordable. But, line up your financing first because there is nothing worse than falling in love with that perfect home then finding out you cannot get it financed!

Need help with the financing? Give me a call at 585-233-4119 or email me at carmenlonardo@canalwalkrealtors.com and I will be glad to recommend a few lending resources my clients have used successfully over the past few months.

Lease-to-Own

2008-11-06T12:02:00.000-05:00

Lease – to – Buy, better known as “Rent to Own”, is gaining in popularity these days among both buyers and sellers of real estate. A Lease – to – Buy contract allows a renter to lease a property and at the end of the lease gives them the option to buy it. Typically, a nonrefundable option fee is paid when the contract is signed which may be applied to the purchase price when the option is exercised. And, a portion of the monthly rent may also be applied to the purchase price or towards the buyer’s down payment. In today’s tight lending environment a potential buyer with some credit issues may benefit from this type of arrangement while he takes steps to remedy his creditworthiness. A seller benefits by being able to get immediate cash flow on their property and a contract to sell at a later date.

There are other benefits for both buyers and sellers and, as with almost anything, several issues to watch out for. Never sign any contract without a review and consultation with your attorney.

Is Rent to Own a viable option for you? Give me a call and let’s find out!

How To Use Seller Financing to Your Advantage

2008-10-22T14:10:00.001-04:00

Seller financing is preferable to conventional financing because it allows you and the seller to negotiate the terms.
With this type of financing you don't have to be bound to strict underwriting guidelines and regulations as you commonly are with traditional loans originated through a bank or mortgage company.
You will generally still be required to give the seller a down payment, make monthly installments on the loan and have to pay interest; but it can be a good way to avoid conventional guidelines, especially if you have credit problems.
It can also save you a few bucks because you won't be required to pay a loan origination fee and you won't be subject to an appraisal and inspection as you would with conventional financing.
Seller financing can work a couple of different ways. With both strategies you're going to negotiate a final sales price with the homeowner and then agree upon a monthly payment for a specified time frame.
The difference is really in how the first mortgage is handled if there is one. If there isn't, you simply make the payments to the homeowner and if you default they take back the property.
When there is a first mortgage in existence, one option is to purchase the property through a second mortgage. In this situation you agree to pay a specified monthly amount to the homeowner in addition to making the payments on the first mortgage as well.
Should you default on either one of the payments, the home will be taken by the entity you failed to pay.
Another way to handle seller financing is with a wrap around or deed of trust. The only difference with this scenario is that instead of you making the payments on the first mortgage, the seller will continue to make the payments out of the funds you give him or her each month for your payment.
The problem that can occur with a wrap around mortgage, however; is it the homeowner fails to make the payments on the first mortgage. If that should happen the lender will take back the property and both you and the homeowner will be out of luck. It won't matter that you've made every one of your payments to the homeowner on time because the first mortgage took priority over the wraparound mortgage.
In order to avoid taking this risk, you can request a clause in the wraparound mortgage stating that should the homeowner default on the first mortgage; you reserve the right to make payments and thereby avoid foreclosure.
==================================Sal Vannutini is the author of Fixer-Upper Fortunes: How to make big profits from fixer upper properties. New real estate home study manual reveals how you can safely make a fortune fixing up old homes and quit your job forever.Click here now: http://www.fastfixerupperprofits.com
Sal is also the creator of "Foreclosure Wizard". He has created the ultimate foreclosure investment tool. It provides a unique step-by-step process that will help you quickly and easily determine which deals have profit potential and which ones are a waste of your time.Click here now: http://www.foreclosurewizard.com

Who Should We Believe?

2008-10-01T16:12:00.000-04:00

It has been a frustrating week with all of the meddling going on with the financial markets. I keep hearing and reading that the "fix" is needed or we will be in even worse shape soon. I also keep hearing and reading that all of this could have been avoided - some claiming that the mistakes happened way back when our country was mending itself out of the "Great Depression". What I see is a lot of finger pointing and the stark reality that whatever gets done or doesn't get done to address whatever problem we are having or not having ... You, your neighbor and I will get stuck with the bill, one way or another. Not sure why I'm paying for a mess I didn't create?

On a positive note, there has been some positive activity in the local real estate market over the past couple of months. I have two listings pending and soon to close and lots of interest on the 6 family in Palmyra and the mixed-use building on Culver Road in the City. I think its going to be a very productive fourth quarter!

Green Homes Attractive to Buyers

2008-09-17T11:04:00.000-04:00

(ARA) - Home buyers of all income levels are looking for environmentally friendly properties, according to a study taken by the U.S. Green Building Council and McGraw-Hill Construction. And in the difficult housing market of today, sellers are looking for new ways to attract buyers. Making a home greener with cleaner air quality may just be the answer to getting bids. Homeowners can use the following tips to make their house more environmentally friendly: * Buy appliances that use less water and electricity. Many companies sell appliances like washing machines and dishwashers which use 10 to 15 percent less energy and water than standard models. Not only are the appliances using less, but they save money when it comes to the electric and water bills. * Use environmentally friendly flooring. A wood floor produced without VOCs (volatile organic compounds) keeps the air clean in the house. Globus Cork offers cork flooring in 37 different colors which not only helps to maintain a constant air temperature in the room thanks to its natural thermal insulation properties, but also is a renewable resource. This is because only the cork bark is trimmed from the tree and the cork oak trees continue living. In addition, cork has a waxy substance called suberin, which repels bugs, mold, mites and even termites, keeping allergens at bay. Go to www.CorkFloor.com to learn more about the product. * Change heavily used lights with energy-efficient models. According to the U.S. Department of Energy ENERGY STAR program, if every American home replaced its five most frequently-used light fixtures – such as the kitchen ceiling lamps, outdoor post lamp or the living room table lamps – with fixtures that have earned the ENERGY STAR, almost $8 billion would be saved each year in energy costs and greenhouse gasses reduced at the rate of almost 10 million cars. * Keep inside air from escaping. Seals around windows and doors can break or be damaged over time and need to be replaced. Homebuyers shopping for a new property tend to check the house’s summer and winter energy bills, and a properly sealed home can change those bill amounts significantly to make a house more attractive. According to the Green Building Council study, 70 percent of home buyers are more inclined to purchase a green home than a conventional home during a down housing market, and half of the homes renovated between 2005 and 2007 used products chosen for their green qualities. With just a few changes or upgrades, a house that has been sitting on the market for some time can become a quick sell thanks to its environmentally friendly features. Courtesy of ARAcontent

Add A WOW Effect to Sell Your House!

2008-08-28T15:13:00.000-04:00

(ARA) - Whether you're selling your home or planning to live there for years to come, you can add interest and value using architectural elements. Customizing your kitchen, bath or master bedroom using architectural elements is a simple way to set your home apart and increase the "wow factor" of those rooms that real estate agents say sell houses. Kitchens * Add decorative corbels (an architectural support bracket), panel and crown mouldings to stock cabinets to create a high-end, customized appearance. * Add a ceiling medallion above the breakfast bar or table to enhance a light fixture and create a focal point. Baths * Switch out the simple wood trim around doors for elegant casings and add a chair rail at mid-wall height. * Add a decorative shelf or mantel for display of art, plants or your favorite fragrance bottles. Master Bedrooms * Trimming the bedroom with crown moulding shows attention to detail and complements rooms of any style. * Add a niche to your wall for dramatic display space. Highlight special photos, keepsakes or a piece of art. Adding architectural elements to customize the spaces in your home doesn't have to be difficult or expensive. Companies such as Focal Point use a light-weight, closed-cell polyurethane that won't rot or mildew to create detailed mouldings and decorations. The pieces look like plaster and wood, but offer a cost-effective and time-saving alternative to traditional materials. For more information or design inspiration, visit www.FocalPointProducts.com or call (800) 662-5550 to find a dealer near you.

First Time Homebuyer Tax Credit

2008-08-20T11:46:00.000-04:00

Congress and President Bush recently passed the Homebuyer Tax Credit which allows first time homebuyers a credit on their income tax return of up to $7500 towards the purchase of a home. This could be a significant benefit for first time buyers because it would reduce their tax liability this year by up to $7500 - if they owed tax on $10,000 the credit would reduce their tax liability to $2500. Hopefully we can help buyers take advantage of this new opportunity!

Fed Cuts Do Not Mean Mortgage Rates Will Also Drop

2008-08-06T14:12:00.001-04:00

The Fed cut rates several times this year but it doesn't seem like mortgage rates experienced the same drop. This is a source of confusion for many of us but the answer is simple. The Fed cut the funds rate and the discount rate which are the rates charged when banks borrow short term money from other "banks". These are not mortgage rates. Mortgage rates are based on mortgage backed securities - essentially the investment market performance of bonds issued by Freddie Mac and Fannie Mae. If we are buying bonds as an investment for the long term we do not want inflation to degrade the fixed rate of return they provide. So, in an inflationary period, bonds will be less desireable and therefore carry a higher rate which will translate into higher mortgage rates.

Of course, sometimes mortgage rates are based on other indexes but generally speaking the vast majority of mortgage rates are based on Freddie and Fannie bonds.

Bugs Around The House

2008-07-31T10:41:00.000-04:00

As bug infestations tend to peak this time of year in most areas, now is a good time to familiarize yourself with some of the critters that can cause damage to you and/or your home. Hopefully, you will have no more than a casual encounter with a few of these pests. While most homeowners understand that termites can cause serious structural damage, here is a brief primer on some other common insects found around homes. Homeowners can deal with some of these insects, however, the HouseMaster Technical Staff recommends contacting a professional exterminating company in the case of a termite infestation or a serious infestation by any other insects.

CARPENTER BEES
Characteristics: Broad head; metallic blue/black with yellow or white hairs; ¾” – 1” (18-25 mm) in length. Location: Dry wood on the outside of homes, barns, fences; twigs or tree limbs.Diet: Plant nectar.Damage: Cuts ¼” – ½” tunnel at a 90° angle to the entry hole; usually in exterior trim pieces; can cause extensive damage if recurring.Comments: Prefers to nest in unpainted/untreated soft wood, such as pine, cedar and redwood.
CAVE CRICKETS
Characteristics: Straw-color with 3 dark bands on the head; ¾” body length (18 mm). Location: In warm, dark places in homes, trash dumps in warm weather. Diet: Plants and other organic matter, including cloth. Damage: They can make an annoying noise; presence usually indicates moisture concerns. Comments: Infestations can include a large number of insects, particularly in suburban areas. BROWN RECLUSE SPIDER
Characteristics: Brown with violin shaped marking on back; 3/8” (10 mm). Leg span 1 to 1½” (25-35 mm). Has three eyes. Location: Lives in cracks and crevices and other dark areas; spins fine cotton-like webs near its shelter. Diet: Insects. Damage: Poisonous; can cause skin damage around bite and serious secondary infections. Comments: If a brown recluse bite is suspected, or any reactions occur from a bite by an unknown insect, see a doctor immediately.
CARPENTER ANTS
Characteristics: Variable but typically black or reddish/black; ¼” – ½” (6-12 mm) in length. Location: Trees, stumps, logs, houses. Diet: Insects, meat, sweets, fruit, eggs. Damage: Can cause structural damage. Excavations in wood; tends to be localized but can be extensive if untreated. Comments: Needs moisture, migratory; will drop onto houses from overhanging trees.
SCORPIONS
Characteristics: Brown, gray, black or yellow; ½” – 2½” (12-60 mm). Location: Under rocks, trash, crawl spaces, attics. Diet: Soft-bodied insects. Damage: Will sting humans if provoked; can be very poisonous. Comments: All stings should be treated by a doctor immediately. Generally found across the southern United States.
BLACK WIDOW SPIDER
Characteristics: Black with red hourglass on underside of abdomen or back; ½” body length (12 mm). Location: Seldom found in homes; more common in wood piles, porches, outhouses. Diet: Insects. Damage: May bite humans; can be very dangerous. Comments: If bitten, see a doctor immediately.
Remember, these tips are only general guidelines. Since each situation is different, contact a professional if you have questions about a specific issue. More home safety and maintenance information is available online at www.housemaster.com.

Copyright © HMA Franchise Systems, Inc.

Reprinted from the Housemaster eNewsletter July 2008

How Much of a Mortgage Can I Afford?

2008-07-23T10:06:00.000-04:00

Not only does owning a home give you a haven for yourself and your family, it also makes great financial sense because of the tax benefits — which you can’t take advantage of when paying rent.The following calculation assumes a 28 percent income tax bracket. If your bracket is higher, your savings will be, too. Based on your current rent, use this calculation to figure out how much mortgage you can afford.

Rent: _________________________
Multiplier: x 1.32
Mortgage payment: _________________________

Because of tax deductions, you can make a mortgage payment — including taxes and insurance — that is approximately one-third larger than your current rent payment and end up with the same amount of income.For more help, use Fannie Mae’s online mortgage calculators.

Reprinted From Realtor Magazine Online July 2008 with permission from the National Association of Realtors. Copyright 2008. All Rights Reserved.

Do You Know Someone Who Rents?

2008-07-09T12:52:00.000-04:00

Here are some facts they won’t get from their landlord:

It’s a Buyer’s Market
Homes are Priced Competitively
Mortgage Rates are Affordable
Their Rent Pays the Landlord’s Mortgage

That last one is a biggie! Paying rent is like throwing away money because there is no residual economic benefit from the expense. Instead, the same renter, affording their own home, would be making an investment in their long term net worth.
The economic benefits of homeownership are tremendous! Tell your renter friends and relatives to contact me today to learn how to unlock their door to personal wealth through homeownership!

Real Estate as a Retirement Tool

2008-04-27T06:31:00.000-04:00

4 Ways to Make Money on Real Estate Investments Many real estate professionals use their experience in buying and selling properties to finance a comfortable retirement. "As real estate professionals, we're uniquely qualified to implement various investment strategies and to see opportunities that many people are never exposed to. Those who don't participate are missing a golden opportunity," says Dan Bohlke of Bell-Key Properties Inc. in Hampton, Va. Consider these real estate investment strategies.1. Buy and hold for rental income. For the last 14 years, Bohlke and his business partner-wife, Karen, have been systematically buying well-located single-family homes at or slightly below the current median sale price for their area—from $80,000 to $120,000. Most are acquired by assuming existing mortgages of former owners or through owner financing. Once the properties are paid off, they generate about a 7.5 percent to 8 percent annual rate of return. That means a $100,000 house that is paid for should produce about $7,500 to $8,000 a year in spendable cash flow after paying real estate taxes, insurance, maintenance, management, and other fees. "You need just $1 million in paid-for real estate—or 10 homes costing $100,000 each—to produce a real retirement income of $75,000 to $80,000 per year," Bohlke explains. "It self-adjusts upward with inflation, so you won’t be living on a fixed income. And as the properties increase in value, so does your net worth.”TIP: Buy properties near each other; it’ll make management easier.TIP: Using a professional property management company to manage your investments creates a liability barrier between you and your clients because the property manager handles all day-to-day operations and assumes a portion of the risks from issues such as lead-paint disclosure and fair housing practices. —Daniel Bohlke, Bell-Key Properties Inc., Hampton, Va.2. Buy, hold, and eventually sell. Another strategy used by Dan Bohlke is what he calls “the real estate garden concept." Periodic, sequential investing involves acquiring properties at the rate of one or two per year and then systematically reselling them after 12 to 15 years. "The soil is your local real estate market, the seeds are the properties you acquire, and the fruit is rental and sale proceeds," he explains. "When your crop matures after 12 to 15 years, you can start selling the properties each year in the order of their purchase, using a portion of the proceeds of each sale to reseed your garden (acquire more properties) and using the remainder to live on in retirement." With this approach, two properties acquired per year and sold after 15 years should produce a perpetual income stream of more than $100,000 a year, even after setting aside enough money to continue acquiring two properties per year. Another choice is to sell off half the properties you've acquired over the years and use the sale proceeds to pay off the other half. This would create a cash flow from the remaining paid-for properties as in the buy-and-hold strategy above.3. Buy and resell. Real estate professionals often have the advantage of recognizing changing markets or houses with untapped potential and are able to capitalize by buying low and selling high. Eric Goosen, Goosen Realty Services, St. Clair Shores, Mich., buys two-to-four-unit rental buildings. Because he lives at each property, Goosen’s often able to put only 10 percent down, as opposed to 40 percent or more for investment property. Often he holds the property for two years, so he can take advantage of the $250,000 capital gains exemption on the sale of a personal residence to avoid a portion of the taxes on the sale. Goosen also renovates the properties to increase their value. TIP: Institute a guaranteed sales program to buy the homes that don't sell by the end of the listing period at your company; it can create a ready made pipeline for new real estate investments. —Bill Watson, Watson Realty Corp., Jacksonville, Fla. TIP: Don’t take advantage of a buyer’s plight and buy a home at an unfair price. It will damage your business reputation in the community. 4. Build and sell. Developing properties isn’t for everyone, but your market knowledge often helps you identify up-and-coming areas where in-fill development is justified. In New Orleans, Bill and GiGi Burk of Burk Realty use a computer-based analysis program he developed to determine the highest cost-per-square-foot price the market will bear. He then compares that cost to the actual estimates for buying land and completing construction and determines if he can sell the property for a high enough return (15 percent to 25 percent or more) to justify the risk. Equally tough is paperwork and patience needed to obtain permits and local zoning approvals. Downtimes in the market are a great time to execute a develop-and-sell strategy, says Bill Burk. “We’ll be ready when the market comes back.”TIP: You can use pre-tax retirement dollars to investment in real estate through a “self-directed” IRA. All income and expenses from the property are paid for by the IRA, but you can make buy and sell decisions with the approval of the account’s custodian.

Reprinted from Realtor Magazine Online (April 2008) with permission of the National Association of Realtors. Copyright 2008. All rights reserved.

Did You Know it's a Buyer's Market Out There?

2008-04-09T17:42:00.001-04:00

Unfortunately we keep getting inundated with negative news about the housing market. There is no question that in some areas of the country the market is bad. Home loans made to borrower’s who could not afford them in the long run coupled by depreciation in value are fueling the vast majority of the problems. But not in our area! The Rochester area has been fairly insulated from this mess.
In Rochester, I think, our housing market problems continue to be a result of the media reports which have made both buyers and potential sellers extremely skittish. But, out of this adversity comes an incredible opportunity, first for buyer’s and then for sellers.
What I have been noticing lately is the affordability of the existing inventory and the value that can be found in every corner of the community. When a buyer joins this affordability with low mortgage interest rates, opportunity abounds!
The Rochester real estate market provides buying opportunities for both owner-occupants and investors. If you are thinking about buying a first home or a new home, NOW is the time to buy! If you want to increase your investment holdings, NOW is the time to buy!
Contact me today so that I can help you take advantage of the Rochester Buyer’s Market Today!

Wealth Effects of Homeownership

2008-02-04T15:40:00.000-05:00

A recent survey showed three out of four homeowners said their home represents a large portion of wealth, and many use the value of their homes when making important financial decisions.

The buildup of home equity provides Americans with both financial resources and security. Homeowners use their home equity to get cash for emergencies as well as the purchase of big-ticket items. In addition, the capital gains people realize from the sale of their home are a significant source of downpayment funds for most repeat buyers, but are used for other purposes as well.

For owners who clearly understand the value of the wealth in their homes as opposed to the value of their stocks, bonds and pension plans, the survey found that three out of four home owners say their house wealth is greater than their stock wealth. Given the stable growth in home values over time, especially when compared with other kinds of investments, it gives people the confidence to use that equity for various needs.

Given the increasing volatility in the stock market over the last few years, this underscores the importance of homeownership as the primary nest egg for most Americans.

Nearly two out of five repeat home buyers chose a more expensive home to further improve their standard of living and increase their potential for building even greater household wealth in the future.

30-Year Mortgage Rates Fall to 4-Year Low

2008-01-25T16:51:00.000-05:00

Daily Real Estate News January 25, 2008
Housing industry observers are hopeful that the recent decline in mortgage rates will lead to a recovery in the market. Freddie Mac reports that interest on 30-year, fixed loans fell for the fourth straight week, landing at their lowest level in nearly four years. Economists say mortgage rates averaged 5.48 percent for the week ended Jan. 24 -- down from 5.69 percent a week ago -- because of the latest reports about the economy and because the Federal Reserve made its biggest cut in 20 years to a key interest rate. Freddie Mac also reports that rates on 15-year mortgages declined to 4.95 percent from 5.21 percent, rates on five-year adjustable-rate mortgages dropped to 5.13 percent from 5.4 percent, and rates on one-year ARMs slipped to 4.99 percent from 5.26 percent. Source: Baltimore Sun (01/25/08) © Copyright 2008 Information Inc.

Reprinted from Realtor Magazine Online, The Weekly Real Estate News, December 2007, with permission of the NATIONAL ASSOCIATION OF REALTORS. All rights reserved. http://www.realtor.org/realtormag

Sanity-Saving Tips for New Landlords

2008-01-13T18:37:00.000-05:00

Daily Real Estate News October 26, 2007 Thinking of becoming a landlord? It's not as easy as you might think, experts say. Here are six rules that will help you find good tenants and make money. Rule 1: Don’t be deluded about the market. Joseph Cooper, vice president of Massachusetts-based Monument Mortgage, cites "underestimating the cost in time and the cost in money of actually owning property" as the biggest mistake investors make. To overcome that weakness, he and others suggest studying local vacancy rates, getting a good appraisal and gathering information about any construction in the area that could change the status quo.Rule 2: Get out your calculator. To get a good estimate of the initial rate of return: Take the first-year revenue minus estimated first-year expenses (including some value placed on your time) divided by the full cost of the property when purchased (essentially price plus transaction costs minus mortgage). To calculate the rate of return in later years, divide by estimated equity in the property (what you could sell it for after deducting transaction costs and the remaining mortgage), taking into account price appreciation or depreciation. It’s also wise to consult an accountant on how much of a tax and cash-flow benefit depreciation will provide.Rule 3: Choose tenants carefully. Prospective tenants who respond promptly and conscientiously to calls or e-mails and who show up on time to see units likely will be responsible when it comes to paying rent and taking care of the property. And be careful to observe discrimination laws. Landlords can choose among prospective tenants for economic reasons that arise after credit, employment, and reference checks. Set financial standards for prospective tenants that make you comfortable that they can cover the monthly rent.Rule 4: Avoid getting sued. An aspect of the landlord-tenant relationship that can lead to litigation include mishandling of security deposits. If a tenant pays a security deposit, in many states several conditions must be satisfied, including placement of the money in an interest-bearing account and inspection of the property. Other issues include lead paint levels and failure to provide a minimum standard of habitability.Rule 5: Get Expert Help. Keep an electrician on speed-dial — as well as a plumber and handyman. It also helps for landlords to know a good lawyer, financial adviser, mortgage broker, and real estate professional.Rule 6: Forget about flipping. "Anybody who buys something and says to you, 'I'm going to make a ton of money in two years and sell this thing' isn't being realistic," says mortgage banker Joseph Cooper. "That does happen, but it's extremely rare. You should be buying real estate with the idea that you're going to hold it for five to 10 years. That will take you through a cycle of up and down." Source: Boston Globe, Shira Springer (10/21/07)

Reprinted from Realtor Magazine Online, The Weekly Real Estate News, December 2007, with permission of the NATIONAL ASSOCIATION OF REALTORS. All rights reserved. http://www.realtor.org/realtormag

5 Simple Ways To Increase a Home's Value

2008-01-07T10:15:00.000-05:00

Daily Real Estate News December 31, 2007 5 Simple Ways to Increase a Home's Value Good home maintenance is key to creating and preserving a home’s value. Not to mention, it also impresses potential buyers. Here are five basic steps that every home owner ought to take — before spending money on dream bathrooms or gourmet kitchens.1. Safety. Make sure smoke detectors and carbon monoxide detectors are installed and in good working order. Check fuel-burning appliances to make sure they are properly vented and no gas connections leak. Make sure the electrical system is adequate. Flickering lights and popping breakers are the sign of a problem. Anchor handrails and grab bars adequately.2. Preventive maintenance. Repair any leaks in the roof, seal gaps in the siding, paint bare wood, replace damaged decking, patch cracks in concrete, and caulk around tubs and showers.3. Conserve energy. Install a programmable thermostat, weatherstrip doors and windows, fix leaking faucets, upgrade insulation, and replace leaky windows. 4. Go green. Consider environmentally friendly materials for windows, doors, siding, decking, fencing, roofing, flooring, and insulation. 5. Improve comfort. Get rid of clutter, open up spaces, update window treatments to allow in more light, and organize closets and storage.Source: The Associated Press, James and Morris Carey (12/29/07)

Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS® Copyright 2005. All rights reserved. www.REALTOR.org/realtormag