Wednesday, December 29, 2010
Tuesday, December 21, 2010
Forbes lists Sevierville in top ten 'Fastest Growing Small Towns'
Dolly Parton's hometown, Sevierville is the eighth oldest town in Tennessee--and one of its fastest growing. From 2006 to 2009, the population grew from 81,382 to 86,243, a rate of 6%.
The magazine Forbes lists it as the tenth fastest growing small cities in the United States.
Another Tennessee town, Columbia, made the list coming in at number seven.
#1: Fairbanks, Alaska
The population of Fairbanks grew nearly 14% since 2006 and now has 98,660 people.
#2: The Villages, Florida
The Villages in Florida is an active adult retirement community in central Florida which has saw its population grow 13% in three years. By the end of 2009, nearly 78,000 people lived at The Villages in Central Florida.
#3: Bozeman, Montana
Home to Montana State University, Bozeman's population grew 10.5% from 2006 (81,763) to 2009 (90,343).
#4: Palm Coast, Florida
Despite the crashing real estate market in Florida, the crashing waves of Palm Coast are still a draw. The Atlantic Ocean beach community (the closest beach from anywhere on Interstate 95) grew more than 10% from 2006 to 2009. Its population is now 91,622.
#5: Ames, Iowa
Home to Iowa State, the population of Ames, Iowa grew nearly 9% between 2006 and 2009 and is now approaching 90,000.
#6: Stillwater, Oklahoma
Another university town, Stillwater is home to Oklahoma State. The population of this city, located halfway between Tulsa and Oklahoma City has grown 85 since 2006.
#7: Columbia, Tennessee
Located less than an hour south of Nashville, Columbia is the Maury County seat. Its population at the end of 2009 was 84,302, up 7.7% from 2006.
#8: Moses Lake, Washington
Located in the middle of Washington State, Moses Lake dubs itself as "Washington's Great Escape." Plenty of people have discovered this haven for outdoor recreation, with the population growing 6.6% since 2006
#9: Grand Island, Nebraska
Sitting in the center of the state north of Interstate 80, Grand Island was the 9th fastest growing small city in America between 2006 and 2009. With a 6.3% growth rate during that time, the city is now home to 72,302 people.
#10 Sevierville, Tenneessee
Dolly Parton's hometown, Sevierville is the eighth oldest town in Tennessee--and one of its fastest growing. From 2006 to 2009, the population grew from 81,382 to 86,243, a rate of 6%.
See the full Forbes list of the fastest-growing small cities in America
Monday, December 20, 2010
MARKET TRENDS
Today's Market Trends for single-family homes
Average Listing Price: $169,107
-0.03%
Average Listing Price/Sq Ft: $91.14
Tuesday, November 23, 2010
Top 10 Tips for Selling Your Home During the Holidays
1.Deck the halls, but don't go overboard.
Homes often look their best during the holidays, but sellers should be careful not to overdo it on the decor. Adornments that are too large or too many can crowd your home and distract buyers. Also, avoid offending buyers by opting for general fall and winter decorations rather than items with religious themes.
2.Hire a reliable real estate agent.
That means someone who will work hard for you and won't disappear during Thanksgiving, Christmas or New Year's. Ask your friends and family if they can recommend a listing agent who will go above and beyond to get your home sold. This will ease your stress and give you more time to enjoy the season.
3.Seek out motivated buyers.
Anyone house hunting during the holidays must have a good reason for doing so. Work with your agent to target buyers on a deadline, including people relocating for jobs in your area, investors on tax deadlines, college students and staff, and military personnel, if you live near a military base.
4.Price it to sell.
No matter what time of year, a home that's priced low for the market will make buyers feel merry. Rather than gradually making small price reductions, many real estate agents advise sellers to slash their prices before putting a home on the market.
5.Make curb appeal a top priority.
When autumn rolls around and the trees start to lose their leaves, maintaining the exterior of your home becomes even more important. Bare trees equal a more exposed home, so touch up the paint, clean the gutters and spruce up the yard. Keep buyers' safety in mind as well by making sure stairs and walkways are free of snow, ice and leaves.
6.Take top-notch real estate photos.
When the weather outside is frightful, homebuyers are likely to start their house hunt from the comfort of their homes by browsing listings on the Internet. Make a good first impression by offering lots of flattering, high-quality photos of your home. If possible, have a summer or spring photo of your home available so buyers can see how it looks year-round.
7.Create a video tour for the Web.
You'll get less foot traffic during the holidays, thanks to inclement weather and vacation plans. But shooting a video tour and posting it on the Web may attract house hunters who don't have time to physically see your home or would rather not drive in a snowstorm.
8.Give house hunters a place to escape from the cold.
Make your home feel cozy and inviting during showings by cranking up the heat, playing soft classical music and offering homemade holiday treats. When you encourage buyers to spend more time in your home, you also give them more time to admire its best features.
Attract buyers with an inviting atmosphere
9.Offer holiday cheer in the form of financing.
Bah, humbug! Lenders are scrooges these days, but if you've got the means, then why not offer a home loan to a serious buyer? You could get a good rate of return on your money.
10.Relax -- the new year is just around the corner.
The holidays are stressful enough, with gifts to buy, dinners to prepare and relatives to entertain. Take a moment to remind yourself that if you don't sell now, there's always next year, which luckily is only a few days away.
By FrontDoor.com
Published: 11/07/2008
Friday, November 19, 2010
Work Wonders With Paint
Here are some suggestions from the service providers on Angie’s List for anyone contemplating a paint job:
· If the home was built before 1978, hire a qualified lead specialist to examine the property for lead before you start the job.
· The contract should include a thorough description of the job and the products to be used, including the type and amount of surface preparation, priming and number of coats of paint. It also should specify the primer, the brand of paint, and the colors.
· Expect extra charges for crown molding, decorative woodwork, and walls and ceilings taller than 8 feet.
· Make certain whose responsibility it is to move furniture and whether there will be additional charges.
Source: The Plain Dealer (Cleveland, Ohio)), Roxanne Washington (11/11/2010)
Tuesday, November 16, 2010
Harrogate Market Trends
Harrogate Summary provided by Trulia
The median sales price for homes in Harrogate TN for Aug 10 to Oct 10 was $115,000. This represents an increase of 9.5%, or $10,000, compared to the prior quarter and an increase of 30.7% compared to the prior year. Sales prices have appreciated 43.8% over the last 5 years in Harrogate. The average listing price for Harrogate homes for sale on Trulia was $176,829 for the week ending Nov 10, which represents an increase of 1.5%, or $2,592, compared to the prior week and an increase of 0.4%, or $666, compared to the week ending Oct 20. Average price per square foot for Harrogate TN was $78, an increase of 34.5% compared to the same period last year.
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Monday, November 15, 2010
NORRIS LAKE VIEW HOME!
Message from EMILY LEE
LOCATION, LOCATION, LOCATION!!! GREAT VIEWS AND LOTS OF SPACE. CALL ME TODAY FOR MORE INFO. OR TO SET UP A SHOWING. 606-499-7836
THIS HOME IS A MUST SEE!!!! PRICED TO SELL. ACROSS FROM NORRIS LAKE. BEAUTIFUL LAKE VIEW'S, MOUNTAIN VIEWS, IN-BETWEEN FREE BOAT LAUNCH AND CEDAR GROVE MARINA.GREAT LOCATION!!! 10 MINUTES TO TAZEWELL 10 MINUTES TO MAYNARDVILLE, 25 MIN. TO KNOXVILLE 3 BD/3 BA FINISHED BASEMENT AND HUGE GARAGE. CALL TO SET UP A PRIVATE SHOWING! 606-499-7836
Beds 3 beds Baths 3 baths
House Size 2124 sq ft Lot Size
Price $176,900 Price/sqft $83
Property Type Single Family Home Year Built 2006
Stories 2 Garage 2
Property Features •Status: Active
•Area: Claiborne County
•3 total full bath(s)
•2 stories
•Hill/mountain view
•Lake view
•Type: A-Frame
•Approximate lot is 100X235
•2 car garage(s)
•Hardwood floors
Interior Features Finished Basement, Plumbed Basement, Walk-Out Basement, Hardwood Floor, Tile Floor, Basement Rec Room, Cathedral Ceiling, Great Room, Smoke Detector, Split Bedrooms, Whirlpool/Tub
Saturday, October 16, 2010
POWELL VALLEY SHORES 3bd/3ba only $107, 900!!!!
Friday, October 8, 2010
Lake View for only $135,900!!!!!! On Old Hwy 33
The Realty Group II
Cell Phone: (606)499-7836
Home Office Phone: (423)869-2442
Main Office Phone: (423)869-5111 (Ask for Emily)
Email: Emily@harrogatetnhomes.com
Email: EmilyLeeRealty@yahoo.com
Website: http://www.HarrogateTnHomes.com
Website: http://www.EmilyLeeRealty.com
Tuesday, September 21, 2010
White Can Be the Key to a Dramatic Room
Interior designer Vicente Wolf’s new book, Lifting the Curtain on Design, says simply, "White can do everything. Painting a room white simplifies the environment. It brings it to its essence."
Wolf, who has spent most of his career trying to expand small places in New York City, relies on white strategically throughout an apartment. His approach could work in properties elsewhere.
"I almost always use different shades, different finishes. That's what gives it depth. Even if you were to use the same color, it would read differently in different light," Wolf says.
The color white emphasizes the furniture and the art in a room. "Let's say you have 81/2-foot ceilings, flat walls and no detail at all," Wolf says. "You put an 18th century chest in the room, and suddenly you have a different sense of architecture."
Source: Orlando Sentinel, Shaila Wunderlich (09/18/2010)
Emily Lee
The Realty Group II
Cell Phone: (606)499-7836
Home Office Phone: (423)869-2442
Main Office Phone: (423)869-5111 (Ask for Emily)
Email: Emily@harrogatetnhomes.com
Email: EmilyLeeRealty@yahoo.com
Website: http://www.HarrogateTnHomes.com
Website: http://www.EmilyLeeRealty.com
Friday, July 9, 2010
Extention
Washington, July 01, 2010
The National Association of Realtors® today commended Congress for timely passage of two bills to extend the home buyer tax credit closing deadline and reauthorize the National Flood Insurance Program. Both bills, strongly supported by NAR, had cleared the House earlier and were passed by the Senate last night. They now head to the president for his signature.
The tax credit closing deadline and the NFIP reauthorization were extended to September 30. NAR worked closely with congressional leaders on both sides of the aisle to enact these important pieces of legislation. Extending the tax credit closing and flood insurance deadlines will help provide additional stability to real estate markets across the nation, NAR said.
“What a great way to begin celebrating our nation’s most patriotic holiday by opening the door to the American dream of homeownership to thousands of home buyers who would have been shut out of the homes of their dreams through no fault of their own,” said NAR President Vicki Cox Golder, owner of Vicki L. Cox Real Estate in Tucson, Ariz.
“We know that up to 180,000 home buyers eligible for the tax credit are rejoicing this morning. And we all thank both houses of Congress for their work to ensure passage of both bills,” Golder said. She singled out Senate Majority Leader Harry Reid (D-Nev.), Senate Minority Leader Mitch McConnell (R-Ky.), Senate Banking Committee Chairman Christopher J. Dodd (D-Conn.), Senator Johnny Isakson (R-Ga.), House Majority Leader Steny Hoyer (D-Md.), Congresswoman Shelley Berkley (D-Nev.) and Congressman Joe Courtney (D-Conn.) for their efforts to extend the tax credit closing deadline.
The passage of H.R. 5623, the Homebuyer Assistance and Improvement Act, applies the homebuyer tax credit closing deadline extension only to homebuyers who have ratified contracts in place as of April 30, 2010, but could not close before June 30. The legislation is designed to create a seamless extension of the new closing deadline for eligible transactions to September 30. There will be no gap between June 30 and the date the president signs the bill into law.
For more information on the extension, visit www.realtor.org/government_affairs.
Senate passage of the National Flood Insurance Program Extension Act of 2010 (H.R. 5569), reauthorizes extension the NFIP until September 30, allowing currently stalled transactions to move forward. The bill is retroactive and covers the lapsed period from June 1, 2010, to the date of enactment of the extension. Any new policy applications or renewals that were signed and submitted during the lapsed period will be effective from the date of application. In the case of waiting periods, the waiting period will start from the date of application.
“We know that thousands of property owners seeking flood insurance policies will now be able to close transactions. NAR appreciates the extraordinary efforts in both houses of Congress to end the lapse in flood insurance,” Golder said. She singled out Senate Majority Leader Reid, Senate Minority Leader McConnell, Senate Banking Committee Chairman Dodd, Senator David Vitter (R-La.), House Financial Services Committee Chairman Barney Frank (D-Mass.) and Congresswoman Maxine Waters (D-Calif.) for their efforts on NFIP reauthorization.
Monday, April 19, 2010
Friday, April 16, 2010
Tuesday, April 13, 2010
Signs a Home Has Potential
The best deals on homes these days are often on properties that aren’t perfect.
Home shoppers looking for a great deal should keep these factors in mind when they are looking for a place with potential:
· Location, location, location. It’s still true that you get a better deal when you buy the worst house in a great neighborhood than you do when you buy a fancy house in a not-so terrific neighborhood.
· Less than 50 years old. Properties older than a half decade are likely to have more fundamental problems — like aging wiring, inadequate plumbing and sagging foundations.
· Livable floor plan. Buyers should select a home with a basic design they can live with. Once they start moving walls, they’re into big money.
· Light. Houses with the most potential have plenty of natural light.
· Good storage. Adding storage isn’t cheap, so it’s smart to choose a property that already has it.
Source: MSN.com, Marilyn Lewis (04/12/2010)
Friday, April 9, 2010
Thursday, April 8, 2010
Pending Home Sales Show Healthy Gain
Pending home sales rose in February, potentially signaling a second surge of home sales in response to the home buyer tax credit, according to the National Association of REALTORS®.
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in February, rose 8.2 percent to 97.6 from a downwardly revised 90.2 in January, and remains 17.3 percent above February 2009 when it was 83.2. The data reflects contracts and not closings, which usually occur with a lag time of one or two months.
Lawrence Yun, NAR chief economist, says the improvement is another hopeful sign. “The rise in buyer contact activity may signal the early stages of a second surge of home sales this spring. The healthy gain hints home prices are continuing to flatten,” he says. “We need a second surge to meaningfully draw down inventory and definitively stabilize home values.”
Pending home sales by region:
Northeast: the index rose 9.0 percent to 77.7 in February and is 18.9 percent higher than February 2009.
Midwest: jumped 21.8 percent to 97.9 and is 18.7 percent above a year ago.
South: increased 9.2 percent to an index of 107.0, and the index is 17.5 percent higher than February 2009.
West: the index fell 4.8 percent to 98.0 but is 14.6 percent above a year ago.
Source: NAR
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Tuesday, April 6, 2010
TAX CREDIT!!!!!!
call me with any of your real estate needs!
EMILY LEE
606-499-7836
http://www.harrogatetnhomes.com/
http://www.emilyleerealty.com/
REALTY GROUP II
423-869-5111
Tuesday, March 30, 2010
MLS Group Seeks Top-Level .MLS Domain
The group hopes that at least 175 of the country’s 900 MLSs will join by the fourth quarter of this year. At that point, it plans to apply to the Internet Corp. for Assigned Names and Numbers (ICANN) for the right to obtain and manage the .MLS top-level domain.
Applying for and developing a .MLS domain is expected to cost about $185,000. One challenge will be persuading ICANN that this group speaks for the industry. "If the industry doesn't support it, it won't happen," says Brian Larson, an attorney and consultant advising the company.
Source: Inman News, Matt Carter (03/29/2010)
A Good Time to Buy a High-End Home
Some of the best housing deals are on high-end homes, many over $1 million. Some of them need TLC or they aren’t in the most-coveted locations. But there are plenty of desirable properties and lots of sellers who are getting impatient.
Buyers with cash have the best opportunities. Buyers who need a mortgage should move especially quickly. With the Federal Reserve ending its purchases of mortgage securities this month, the mortgage market is likely to rise from its current low level. Even if prices fall further, the rising cost of borrowing could eliminate any savings.
As Kenneth Rosen, chairman of the Fisher Center for Real Estate and Urban Economics at the University of California, says, this is a "very good time to be a buyer at the high end."
Source: The Wall Street Journal, Nick Timiraos and James R. Hagerty (03/27/2010)
Saturday, March 27, 2010
REALTOR® Magazine-Daily News-30-Year Rates Just Shy of 5 Percent
30-Year Rates Just Shy of 5 Percent
Freddie Mac reports slightly higher mortgage rates this week, with the average interest on a 30-year fixed loan topping off at 4.99 percent from the previous week's 4.96 percent and from 4.85 percent a year ago.
Here’s a look at how other rates fared:
• 15-year fixed loans bumped up to 4.34 percent from 4.33 percent a week earlier but remained down from 4.58 percent a year ago.
• Five-year adjustable-rate mortgages averaged 4.14 percent, climbing from 4.09 percent a week earlier but declining from 4.98 percent a year earlier.
• One-year ARMs were 4.20 percent versus 4.12 percent and 4.85 percent, respectively.
Source: Wall Street Journal, Nathan Becker (03/26/10)
© Copyright 2010 Information Inc.
Friday, March 26, 2010
Transportation Costs Hurt Housing Affordability
A new study contends that only 39 percent of U.S. communities are affordable for typical households when the cost of transportation is included in the calculation of housing costs.
The Center for Neighborhood Technology analyzed the Housing + Transportation Affordability Index, which examined 161,000 neighborhoods housing 80 percent of the U.S. population, and concluded that for most families, transportation is the second-largest household expense.
It is also a fairly unmanageable one, the study concluded, because it is difficult for families to estimate the full cost of a location before they move there. Gas prices and employment demands aren’t very predictable for many.
Factors that can help people control transportation costs include walkable neighborhood streets, access to public transit, and nearby retail.
Source: Center for Neighborhood Technology (03/23/2010)
Wednesday, March 24, 2010
Spring for a Bathroom Makeover
Potential buyers may walk away if bathrooms are outdated and unappealing. Here are some low-cost ways to give the facilities a facelift:
• Scrub-a-dub-dub. Give everything, including drawers and cabinets, a deep cleaning.
• Paint the walls. Remove aging wallpaper and paint the space with a bright semi-gloss shade made for use in the bathroom.
• Replace aging fixtures. Put a tub liner over the old tub and update sinks, toilets, and faucets.
• Accessorize. Buy fresh, new linens, rugs, and shower curtains.
Source: News Mark Inc., Jenna Shields (03/22/2010
Sunday, March 14, 2010
FHA
Now is not the time to raise the downpayment requirement on a Federal Housing Administration loan, warns FHA Commissioner David Stevens.
Stevens, testifying before a committee of the U.S. House, said his agency would probably insure 300,000 fewer home loans per year if the mandatory down payment was raised from 3.5 percent to 5 percent — a 40 percent increase.
Congress has been considering various ways to put FHA on a sounder financial footing. Besides increasing the downpayment requirement, another suggestion under discussion is raising the upfront mortgage insurance premium to 2.25 percent of the loan amount, up from 1.75 percent currently.
The National Association of REALTORS® also opposes the proposal to raise the mandatory down payment for an FHA loan. The FHA remains financially strong because it has taken steps to ensure solid underwriting standards and responsible lending practices, said Charles McMillan, NAR immediate past president, in testimony before the House Subcommittee on Housing and Community Opportunity.
“As the leading advocate for housing issues, NAR believes that one of the best ways Congress can help strengthen FHA is to quickly consider and pass legislation that would make current loan limits permanent,” McMillan said. “It’s important to note that higher balance FHA loans perform better than lower balance ones. While some argue that higher balance loans put taxpayers at risk, such loans actually strengthen the program and reduce risk to the fund.”
Explaining that FHA has played an important role in the recent housing and economic crisis by filing the gap left by private lenders, McMillan said FHA insured almost 30 percent of single-family mortgages in 2009 and more than 50 percent of first-time buyer loans. “Historically, FHA’s market share has hovered between 10 and 15 percent of all loans. And when the private market is strong enough to return, we welcome a reduced FHA market share,” he said.
McMillan said NAR was also concerned that FHA wanted to decrease seller concessions to 3 percent. Reducing seller concessions could put homeownership out of reach for many buyers, he said, because it could require buyers to pay more at closing.
Source: Associated Press, Alan Zibel, and NAR (03/11/2010)
EMILY LEE with THE REALTY GROUP II
Friday, March 5, 2010
New Site Specializes in Sub-Subprime
Here’s another possible way to cash in on the foreclosure action.
Newly introduced ReBuildUS.com charges $99 a month for access to rundown houses that banks want to unload. Foreclosure investor James Odell Barnes, who pays rock bottom for homes in poor neighborhoods, purchased the properties for RebuildUS.
Investors must purchase a minimum of five homes. The site includes links to companies that will manage the properties and handle selling them on an installment basis to buyers who can’t otherwise get bank loans – the sub-subprime market.
“It’s not an overnight get-rich scheme,” warns Benjamin Kim, founder and majority owner of RebuildUS.
Source: The Wall Street Journal, James R. Hagerty (03/02/2010)
Emily Lee
606-499-7836
Realty Group II
423-869-5111
Monday, February 22, 2010
NEW LISTING
Call Emily Lee for your private showing 606-499-7836
Friday, February 19, 2010
Current Home Owners: Check Out HouseLogic
The NATIONAL ASSOCIATION of REALTORS® this week launched HouseLogic, a new, comprehensive consumer Web site designed to help home owners make smart decisions to maintain, protect, and increase the value of their homes. HouseLogic will help consumers take responsible actions pertaining to what is likely the largest investment of their lives.
“Backed by the resources and industry insights of NAR and its REALTOR® members, HouseLogic will engage and involve consumers throughout the lifecycle of homeownership,” said NAR President Vicki Cox Golder. “It makes sense that, as the first, best source for real estate information, NAR should collaborate with today’s consumers to help them make the most out of owning a home. HouseLogic will help us do that.”
The free Web site helps home owners plan and organize their home projects and provides timely articles and news; home improvement advice and how-to’s; and information about taxes, home finances and insurance.
“Unlike other homeownership Web sites, HouseLogic helps consumers view their home through a financial lens and make smart, informed home improvement investment decisions,” said Golder. “Families can set goals for saving money on their home or increasing its value, and easily track the progress they are making on those goals.”
Registered users can save relevant information, create to-do lists, and set project reminders. The Web site can also be customized for individual owners depending on how handy or ambitious they are regarding home projects; how much money they want to spend or save; where they live; and their priorities, such as increasing the value of their home or improving their neighborhood.
HouseLogic also empowers home owners who want to get more actively engaged in shaping community life, advocating on neighborhood and homeownership issues that matter most to them. The site provides users with the tools and know-how to effect change, such as establishing a neighborhood watch program, building a community playground, or participating in city or county planning efforts.
“For more than 100 years REALTORS® have been bringing America home,” said Golder. “HouseLogic takes owning a home to the next level, partnering with consumers to truly help people build their futures through homeownership.”
Visit HouseLogic at www.houselogic.com
— NAR
Wednesday, February 17, 2010
15 Top Retirement Cities
The top places listed by AARP and explored on the show are:
1. Loveland/Fort Collins, Colo.
2. Las Cruces, N.M
3. Rehoboth Beach, Del.
4. Portland, Ore.
5. Greenville, S.C.
6. Sarasota, Fla.
7. Ann Arbor, Mich.
8. Tucson, Ariz.
9. Montpelier, Vt.
10. Honolulu
11. Santa Fe, N.M
12. Atlanta
13. Charleston, S.C
14. Northampton, Mass.
15. San Diego, Calif.
Source: CNBC, Paul Toscano (02/05/2010)
Monday, February 15, 2010
Friday, February 12, 2010
Romantic Valentine's Day at Home
Romantic Valentine's Day at Home
•A Fireside Picnic Have the sofa pulled up in front of a roaring fire, with some champagne on ice. For an added touch, serve strawberries to bring out the champagne's flavor, or drop pomegranate seeds into the glass to tinge the bubbly pink. If you're the cooking type, make a homecooked Valentine's Day meal. If not, order out from your favorite place, but be sure to ditch the containers and replate the meal elegantly on nice plates. Don't forget great music playing on the stereo!
•Spa Night. When your sweetie gets home, draw a hot bath filled with rose petals. (Since roses are so expensive around Valentines Day, you can ask your florist for a package of plain rose petals, short stemmed roses, or for "seconds" -- ones that are slightly bruised since you won't be giving them in a traditional way.) Have a glass of wine and some chocolates to nibble on by the side of the bathtub.
Meanwhile, prepare the bedroom. Line the bed with towels fresh out of the dryer so that they're warm. Get a basin full of warm water near the bed, several washcloths and some great spa products. Start off with an exfoliating rub like the Bliss Hot Salt Scrub. Wash that away, then massage in a great moisturizer like Panhandle Girl's Bettie Spice. You might also want to throw in a foot rub for extra brownie points. (Many people have creams and exfoliating rubs at home already; you don't have to spend extra money on this step.) Afterwards the two of you can enjoy takeout in bed while you watch a romantic movie.
Thursday, February 11, 2010
Decorate for Valentine's Day!!
- First of all, clean up your home thoroughly. Remove unnecessary clutter and make it look inviting.
- Buy aroma candles of all shapes and sizes and just before your partner is about to comer home, light every one of them, throughout the house.
- Now is the turn to buy some balloons, heart shaped ones, that to in red color. Write a small message on each of them and spread them in different rooms of your home.
- Flower decorations are an all time favorite and continue to be so, even today. But the flowers should be of your partner's liking and need not be red roses only.
- Make a carpet of red rose petals for your partner, leading from the door to the place in your home, you wish to take him/her first.
- Set a table for just the two of you and keep a lighted candle in the middle, along with a bottle of wine.
- Have soft romantic music playing in the background.
Wednesday, February 10, 2010
5 Feng Shui Concepts to Help a Home Sell
1. Pay special attention to the front door, which is considered the “mouth of chi” (chi is the “life force” of all things) and one of the most powerful aspects of the entire property. Abundance, blessings, opportunities, and good fortune enter through the front door. It’s also the first impression buyers have of how well the sellers have taken care of the rest of the property. Make sure the area around the front door is swept clean, free of cobwebs and clutter. Make sure all lighting is straight and properly hung. Better yet, light the path leading up to the front door to create an inviting atmosphere.
2. Chi energy can be flushed away wherever there are drains in the home. To keep the good forces of a home in, always keep the toilet seats down and close the doors to bathrooms.
3. The master bed should be in a place of honor, power, and protection, which is farthest from and facing toward the entryway of the room. It’s even better if you can place the bed diagonally in the farthest corner. Paint the room in colors that promote serenity, relaxation, and romance, such as soft tones of green, blue, and lavender.
4. The dining room symbolizes the energy and power of family togetherness. Make sure the table is clear and uncluttered during showings. Use an attractive tablecloth to enhance the look of the table while also softening sharp corners.
5. The windows are considered to be the eyes of the home. Getting the windows professionally cleaned will make the home sparkle and ensure that the view will be optimally displayed.
Source: Sell Your Home Faster With Feng Shuiby Holly Ziegler (Dragon Chi Publications, 2001)
Tuesday, February 9, 2010
4 Reasons to Sell Now
Sell low and buy low.
Because all property values are down, the loss on the property a home owner sells is really only a paper loss because the next property he buys also will be a bargain. If he buys smartly, when prices come back up in a few years, he’ll be in better shape.
Down-payment help is widely available.
While nothing-down loans have disappeared, it is easy to find down-payment assistance for lower-income and first-time home buyers. Programs vary all over the country, but one good way to find them is to search online for “down-payment assistance programs” and the name of your region.
Your uncle has money to share.
Besides the $8,000 first-time home buyer tax credit and the $6,500 move-up credit, there are an array of energy tax credits that can make home improvements pay off in cash.
Good help is available.
Really talented real estate practitioners, contractors, and designers are available and eager for business.
Source: McClatchy Tribune, Kate Forgach (02/07/2010)
Friday, February 5, 2010
Current Home Owners! Info on Tax Credit
•• First-time home buyers who purchase homes between November 7, 2009 and April 30, 2010.
•• Current home owners purchasing a home between November 7, 2009 and April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight.
To qualify as a “first-time home buyer” the purchaser or his/her spouse may not have owned a residence during the three years prior to the purchase.
Which Properties Are Eligible?
The Extended Home Buyer Tax Credit may be applied to primary residences, including: single-family homes, condos, townhomes, and co-ops.
How Much Is Available?
The maximum allowable credit for first-time home buyers is $8,000.
The maximum allowable credit for current homeowners is $6,500.
How is a Buyer's Credit Amount Determined?
Each home buyer’s tax credit is determined by two additional factors:
1.The price of the home.
2.The buyer's income.
Price
Under the Extended Home Buyer Tax Credit, credit may only be awarded on homes purchased for $800,000 or less.
Buyer Income
Under the Extended Home Buyer Tax Credit, which is effective on November 7, 2009, single buyers with incomes up to $125,000 and married couples with incomes up to $225,000—may receive the maximum tax credit.
These income limits have changed from the 2009 First-Time Home Buyer Tax Credit limits. If you or your client purchased a home between January 1, 2009 and November 6, 2009, please see 2009 First-Time Home Buyer Tax Credit.
If the Buyer(s)’ Income Exceeds These Limits, Can He/She Still Get a Credit?
Yes, some buyers may still be eligible for the credit.
The credit decreases for buyers who earn between $125,000 and $145,000 for single buyers and between $225,000 and $245,000 for home buyers filing jointly. The amount of the tax credit decreases as his/her income approaches the maximum limit. Home buyers earning more than the maximum qualifying income—over $145,000 for singles and over $245,000 for couples are not eligible for the credit.
Can a Buyer Still Qualify If He/She Closes After April 30, 2010?
Under the Extended Home Buyer Tax Credit, as long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close.
Will the Tax Credit Need to Be Repaid?
No. The buyer does not need to repay the tax credit, if he/she occupies the home for three years or more. However, if the property is sold during this three-year period, the full amount credit will be recouped on the sale.
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Source Realtor.com
Thursday, February 4, 2010
Cost vs. Value Report
Cost vs. Value Report
Monday, February 1, 2010
Living Smaller: House and Home Special Issue: Home & Design: REALTOR® Magazine
If you feel your living space is too small then you need to check out this article with lots of great tips on how to get the most out of what you have!!!
Thursday, January 28, 2010
Make Under $30,000 a yr.?
Call or E-mail Me Today for More Information and How to Get Started!!!
EMILY LEE 606-499-7836
www.EmilyLeeRealty.com
Wednesday, January 27, 2010
Ten Inexpensive Ways to Wow Buyers
1.Improve first impressions. Touch up the paint on the front door and other areas that buyers see first.
2.Clean up the landscaping. Trim the hedges and trees and plant some annuals in the flowerbeds.
3.Paint the interior. A coat of light yellow or cream with contrasting white woodwork looks fresh and clean.
4.Refurbish the floors. Buff the hardwoods. Install new carpets – or at least get them professionally cleaned.
5.Take care of the big problems. If the house needs a roof or the front stoop is crumbling, get them fixed.
6.Buy warranties. Putting appliances under warranty gives home buyers a secure feeling.
8.Replace light fixtures. Updated fixtures, especially at the entrance way and in the foyer, create a good first impression.
Tuesday, January 26, 2010
5 Things to do Before Putting Your Home on the Market
1.Have a pre-sale home inspection. Be proactive by arranging for a pre-sale home inspection. An inspector will be able to give you a good indication of the trouble areas that will stand out to potential buyers, and you’ll be able to make repairs before open houses begin.
2. Organize and clean. Pare down clutter and pack up your least-used items, such as large blenders and other kitchen tools, out-of-season clothes, toys, and exercise equipment. Store items off-site or in boxes neatly arranged in the garage or basement. Clean the windows, carpets, walls, lighting fixtures, and baseboards to make the house shine.
3. Get replacement estimates. Do you have big-ticket items that are worn our or will need to be replaced soon, such your roof or carpeting? Get estimates on how much it would cost to replace them, even if you don’t plan to do it yourself. The figures will help buyers determine if they can afford the home, and will be handy when negotiations begin.
4. Find your warranties. Gather up the warranties, guarantees, and user manuals for the furnace, washer and dryer, dishwasher, and any other items that will remain with the house.
5. Spruce up the curb appeal. Pretend you’re a buyer and stand outside of your home. As you approach the front door, what is your impression of the property? Do the lawn and bushes look neatly manicured? Is the address clearly visible? Are pretty flowers or plants framing the entrance? Is the walkway free from cracks and impediments?
Provided by Realtor.com
Thursday, January 21, 2010
Mark Your Calendar
mankind.