<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"> <channel> <title>All About Real Estate</title> <link>http://www.snowandwall.com/default.cfm/page/blog/blogid/ec919970-b2b7-60c3-22f71fc65bdd0d6b/categoryname/Buyers/title/All About Real Estate.htm</link> <description></description><item> <title>From the Front Porch Swing</title> <description><p style="text-align: center"><em><strong><img class="aligncenter size-medium wp-image-706" title="porch swing" alt="" src="http://cbbarnes.files.wordpress.com/2011/07/porch-swing.jpg?w=234&amp;h=300" width="234" height="300" /><br /></strong><span style="font-size: small"><strong>From the Front Porch Swing</strong></span></em></p><p style="text-align: center"><span style="font-size: small">Sipping my cup a tea, a luminous sunrise greets me<br />Song birds flock overhead with ease singing their lovely melodies<br />A squirrel, a chipmunk and a lizard or two, stop by for a quick hello and how do you do</span></p><p style="text-align: center"><span style="font-size: small"><em><strong>From the Front Porch Swing</strong></em></span></p><p style="text-align: center"><span style="font-size: small">Life can be so grand&hellip; sitting next to my love, holding his hand<br />A cuddle, a kiss, a wink&hellip; all go hand in hand with a nice cold drink<br />Conversations about the day &hellip; listening closely to everything he has to say</span></p><p style="text-align: center"><span style="font-size: small"><em><strong>From the Front Porch Swing</strong></em></span></p><p style="text-align: center"><span style="font-size: small">The view is absolutely amazing &hellip; the sun above with brilliant rays of light blazing<br />Listening to the rustle of the leaves as the wind blows through the Summer trees<br />With a heavy sigh and a soft smile .. I could sit here for a very long while</span></p><p style="text-align: center"><span style="font-size: small"><strong><em>From the Front Porch Swing</em></strong></span></p><p style="text-align: center"><span style="font-size: small">The days light slowly turns to night<br />The June bugs slow their hummm and lightening bugs come out for a bit of fun<br />The moon&rsquo;s light and twinkle from the stars above fill me with a warm, gentle kind of love</span></p><p style="text-align: center"><span style="font-size: small"><em><strong>From the Front Porch Swing</strong></em></span></p><p style="text-align: center"><span style="font-size: small">Problems and stress all fade away, now this is the way to spend your day!<br />Swinging to and fro&hellip; letting it all go.<br />Come have a seat next to me&hellip; You&rsquo;ll too see how great life can be.</span></p><p style="text-align: center"><span style="font-size: small"><em><strong>From the Front Porch Swing</strong></em></span></p><p style="text-align: center"><span style="font-size: small">By Raventalker</span></p><p style="text-align: center"><span style="font-size: small"><strong>LET US HELP YOU FIND THAT PERFECT PLACE FOR YOUR FRONT PORCH SWING!<br />Visit one of our offices today!<br /></strong></span></p></description> <link>http://www.snowandwall.com/default.cfm/page/blog/cat/entrydisplay/entryid/82163c37-905a-4f4c-a6c58568746bbbd7.htm</link> <pubDate>Tue, 13 Dec 2011 10:36:23 -0600</pubDate></item><item> <title>Comparing Properties</title> <description><h2><br /><p><span style="font-size: medium"><strong>Now you can now compare properties side by side with the new and improved Coldwell Banker Barnes, Snow &amp; Wall, Real Estate Now websites. </strong></span></p><p><span style="font-size: medium"><strong>Compare prices, acreage, number of bed and bathrooms, lot size, price per sq ft, and much more. </strong></span></p><p><span style="font-size: medium"><strong>Below is a QUICK TUTORIAL ON HOW TO SEARCH AND COMPARE:</strong></span></p><p><span style="font-size: medium">(click on each image to enlarge)</span></p><p><span style="font-size: medium"><span style="color: rgb(0,0,255)"><strong>Step 1:</strong> visit </span></span><span style="color: rgb(0,0,255)"><a href="http://www.coldwellbankerbarnes.com/" target="_blank"><span style="font-size: medium"><span style="color: rgb(0,0,255)">www.coldwellbankerbarnes.com</span></span></a><span style="font-size: medium"> (Nashville office), </span><a href="http://www.snowandwall.com/" target="_blank"><span style="font-size: medium"><span style="color: rgb(0,0,255)">www.snowandwall.com </span></span></a><span style="font-size: medium">(Murfreesboro Office) or </span><a href="http://www.renow.com/" target="_blank"><span style="font-size: medium"><span style="color: rgb(0,0,255)">www.realestatenow.com</span></span></a><span style="font-size: medium"> (Jackson Office) &ndash; enter your search criteria then click <strong>GO</strong></span></span></p><div id="attachment_739" class="wp-caption aligncenter" style="width: 460px"><a href="http://cbbarnes.files.wordpress.com/2011/07/compare-1.jpg"><img class="size-full wp-image-739" title="COMPARE 1" alt="" src="http://cbbarnes.files.wordpress.com/2011/07/compare-1.jpg?w=450&amp;h=337" width="450" height="337" /></a><p class="wp-caption-text">Click to enlarge</p></div><p><span style="font-size: medium"><span style="color: rgb(0,0,255)"><strong>Step 2:</strong> Check the box next to the properties that you would like to compare. <strong>TIP</strong>: you may want to narrow your search by checking the menu listed on the left.</span></span></p><div id="attachment_740" class="wp-caption aligncenter" style="width: 460px"><a href="http://cbbarnes.files.wordpress.com/2011/07/compare-2.jpg"><img class="size-full wp-image-740" title="COMPARE 2" alt="" src="http://cbbarnes.files.wordpress.com/2011/07/compare-2.jpg?w=450&amp;h=337" width="450" height="337" /></a><p class="wp-caption-text">click to enlarge</p></div><p><span style="font-size: medium"><strong>Step 3:</strong> Click <strong>Compare Selected</strong> at the bottom of the search page</span></p><div id="attachment_741" class="wp-caption aligncenter" style="width: 460px"><a href="http://cbbarnes.files.wordpress.com/2011/07/compare-3.jpg"><img class="size-full wp-image-741" title="COMPARE 3" alt="" src="http://cbbarnes.files.wordpress.com/2011/07/compare-3.jpg?w=450&amp;h=337" width="450" height="337" /></a><p class="wp-caption-text">click to enlarge</p></div><p>&nbsp;</p><p><span style="font-size: medium"><strong>Step 4:</strong> <strong>DONE!</strong> You can now view your selected properties on a side by side comparison screen. When done comparing &ndash; click the &ldquo;<strong>X</strong>&rdquo; in the top right corner of the comparison view window to go back to your search.</span></p><div id="attachment_742" class="wp-caption aligncenter" style="width: 460px"><a href="http://cbbarnes.files.wordpress.com/2011/07/compare-4.jpg"><img class="size-full wp-image-742" title="COMPARE 4" alt="" src="http://cbbarnes.files.wordpress.com/2011/07/compare-4.jpg?w=450&amp;h=337" width="450" height="337" /></a><p class="wp-caption-text">click to enlarge</p></div></h2></description> <link>http://www.snowandwall.com/default.cfm/page/blog/cat/entrydisplay/entryid/dbd1aa78-7e18-4380-a759f28d437d3169.htm</link> <pubDate>Tue, 13 Dec 2011 10:32:58 -0600</pubDate></item><item> <title>From a House to a Home</title> <description><h2 style="text-align: center;"><a title="Permanent Link to From a House to a&nbsp;Home" rel="bookmark" href="http://cbbarnes.wordpress.com/2011/08/18/from-a-house-to-a-home/">From a House to a&nbsp;Home</a></h2><br /><p style="text-align:center;"><img width="300" height="209" alt="" src="http://cbbarnes.files.wordpress.com/2011/08/welcome-home-house-image.jpg?w=300&amp;h=209" title="welcome home house image" class="aligncenter size-medium wp-image-845" /><br />Once upon a time in a land not so far away .. there was a house who always dreamed of becoming a home.</p><p style="text-align:center;">It sat there centered perfectly on its lot, landscaping strategically placed so it wouldn&rsquo;t look so bare&hellip;<br />It had hopes that someone would notice, that someone would care.</p><p style="text-align:center;">There was a driveway, paved all in stone<br />A walk lined with a floral flare that led to a mat at the door with a greeting&hellip; &ldquo;Welcome Home&rdquo;</p><p style="text-align:center;">The entry wasn&rsquo;t too small nor too grand<br />It simply left a statement that whispered softly, &ldquo;Welcome home my friend&rdquo;</p><p style="text-align:center;">Granite counter tops and appliances all done in steel<br />Gave the kitchen a really nice look and feel</p><p style="text-align:center;">A fireplace each, warmed the living room, den and master suite<br />Freshly laid carpet made the floors soft and comfy beneath your feet</p><p style="text-align:center;">Walk-in closets and storage galore<br />This house had everything you could think of and a little bit more</p><p style="text-align:center;">There was but one thing missing to make this dream a reality<br />So it got itself listed by by a top notch realty</p><p style="text-align:center;">A family was in need to make this place a home&hellip; not just a house<br />Come take a look, its easy you see..&nbsp; by a simple click of the mouse!<br /><br /><br />_______________________________________</p><p style="text-align:center;"><strong>Ready to find a place to call home?</strong>&nbsp;&nbsp; <strong>Visit one of our offices today!<br /></strong></p><p style="text-align:center;"><strong>We have 7 offices located in the Jackson, Nashville and the <strong>Middle Tennessee</strong> areas, fully staffed with the most knowledgeable and caring agents the industry can provide.<br /></strong></p><p style="text-align:center;"><strong><strong><br /></strong>Stop by, give us a call, friend us on Facebook or follow us on Twitter..<br />When it comes to your real estates needs&hellip; We&rsquo;re here for YOU!</strong></p></description> <link>http://www.snowandwall.com/default.cfm/page/blog/cat/entrydisplay/entryid/99dc8698-19c6-4662-9aac41ec5549d7bc.htm</link> <pubDate>Thu, 08 Dec 2011 04:18:19 -0600</pubDate></item><item> <title>10 Easy Tips to Winterize Your Home</title> <description><h2><a title="Permanent Link to 10 Easy Tips to Winterize Your&nbsp;Home" rel="bookmark" href="http://cbbarnes.wordpress.com/2011/09/20/10-easy-tips-to-winterize-your-home/">10 Easy Tips to Winterize Your&nbsp;Home</a></h2><a href="http://www.coldwellbankerbarnes.com/"><img width="156" height="208" alt="" src="http://cbbarnes.files.wordpress.com/2011/09/house-4572.jpg?w=156&amp;h=208" title="winterizing your home" class="alignleft size-medium wp-image-914" /></a>from realestate.msn.com<p>So you&rsquo;ve pulled your sweaters out of mothballs and found your mittens at the bottom of the coat closet. But what about your house &mdash; is it prepared for the cold months ahead?</p><p>You&rsquo;ll be a lot less comfortable in the coming months if you haven&rsquo;t girded Home Sweet Home for Old Man Winter.</p><p>With the help of several experts, we&rsquo;ve boiled down your autumn to-do list to 10 easy tips:</p><p><strong>1. Clean those gutters &nbsp;</strong><br />Once the leaves fall, remove them and other debris from your home&rsquo;s gutters &mdash; by hand, by scraper or spatula, and finally by a good hose rinse &mdash; so that winter&rsquo;s rain and melting snow can drain. Clogged drains can form ice dams, in which water backs up, freezes and causes water to seep into the house, the Insurance Information Institute says.&nbsp;<br />As you&rsquo;re hosing out your gutters, look for leaks and misaligned pipes. Also, make sure the downspouts are carrying water away from the house&rsquo;s foundation, where it could cause flooding or other water damage.</p><p>&ldquo;The rule of thumb is that water should be at least 10 feet away from the house,&rdquo; says Michael Broili, the director of the Well Home Program for the <a href="http://www.phinneycenter.org/">Phinney Neighborhood Association</a>, a nationally recognized neighborhood group in Seattle.</p><p><strong>2. Block those leaks</strong><br />One of the best ways to winterize your home is to simply block obvious leaks around your house, both inside and out, experts say. The average American home has leaks that amount to a nine-square-foot hole in the wall, according to EarthWorks Group.</p><div><p align="center" style="text-align:left;">First, find the leaks: On a breezy day, walk around inside holding a lit incense stick to the most common drafty areas: recessed lighting, window and door frames, electrical outlets.</p></div><p>Then, buy door sweeps to close spaces under exterior doors, and caulk or apply tacky rope caulk to those drafty spots, says <a href="http://www.dannylipford.com/">Danny Lipford</a>, host of the nationally syndicated TV show &ldquo;Today&rsquo;s Homeowner.&rdquo; Outlet gaskets can easily be installed in electrical outlets that share a home&rsquo;s outer walls, where cold air often enters.</p><p>Outside, seal leaks with weather-resistant caulk. For brick areas, use masonry sealer, which will better stand up to freezing and thawing. &ldquo;Even if it&rsquo;s a small crack, it&rsquo;s worth sealing up,&rdquo; Lipford says. &ldquo;It also discourages any insects from entering your home.&rdquo;</p><p><strong>3. Insulate yourself</strong><br />&ldquo;Another thing that does cost a little money &mdash; but boy, you do get the money back quick &mdash; is adding insulation to the existing insulation in the attic,&rdquo; says Lipford. &ldquo;Regardless of the climate conditions you live in, in the (U.S.) you need a minimum of 12 inches of insulation in your attic.&rdquo;</p><p>Don&rsquo;t clutter your brain with R-values or measuring tape, though. Here&rsquo;s Lipford&rsquo;s rule of thumb on whether you need to add insulation: &ldquo;If you go into the attic and you can see the ceiling joists you know you don&rsquo;t have enough, because a ceiling joist is at most 10 or 11 inches.&rdquo;</p><p>A related tip: If you&rsquo;re layering insulation atop other insulation, don&rsquo;t use the kind that has &ldquo;kraft face&rdquo; finish (i.e., a paper backing). It acts as a vapor barrier, Lipford explains, and therefore can cause moisture problems in the insulation.</p><p><strong>4. Check the furnace</strong><br />First, turn your furnace on now, to make sure it&rsquo;s even working, before the coldest weather descends. A strong, odd, short-lasting smell is natural when firing up the furnace in the autumn; simply open windows to dissipate it. But if the smell lasts a long time, shut down the furnace and call a professional.</p><p>It&rsquo;s a good idea to have furnaces cleaned and tuned annually. Costs will often run about $100-$125. An inspector should do the following, among other things:&nbsp;</p><p>Throughout the winter you should change the furnace filters regularly (check them monthly). A dirty filter impedes air flow, reduces efficiency and could even cause a fire in an extreme case. Toss out the dirty fiberglass filters; reusable electrostatic or electronic filters can be washed.</p><p><strong>5. Get your ducts in a row</strong><br />According to the U.S. Department of Energy, a home with central heating can lose up to 60% of its heated air before that air reaches the vents if ductwork is not well-connected and insulated, or if it must travel through unheated spaces. That&rsquo;s a huge amount of wasted money, not to mention a chilly house. (Check out this <a href="http://hes.lbl.gov/hes">audit tool</a> for other ideas on how to save on your energy bills this winter.)</p><div><p align="center">Bottom of Form</p></div><p>Ducts aren&rsquo;t always easy to see, but you can often find them exposed in the attic, the basement and&nbsp;crawlspaces. Repair places where pipes are pinched, which impedes flow of heated air to the house, and fix gaps with a metal-backed tape (duct tape actually doesn&rsquo;t stand up to the job over time).</p><p>Ducts also should be vacuumed once every few years, to clean out the abundant dust, animal hair and other gunk that can gather in them and cause respiratory problems.</p><p><strong>6. Face your windows</strong><br />Now, of course, is the time to take down the window screens and put up storm windows, which provide an extra layer of protection and warmth for the home. Storm windows are particularly helpful if you have old, single-pane glass windows. But if you don&rsquo;t have storm windows, and your windows are leaky or drafty, &ldquo;They need to be updated to a more efficient window,&rdquo; says Lipford.</p><p>Of course, windows are pricey. Budget to replace them a few at a time, and in the meantime, buy a window insulator kit, Lipford and Broili recommend. Basically, the kit is plastic sheeting that&rsquo;s affixed to a window&rsquo;s interior with double-stick tape. A hair dryer is then used to shrink-wrap the sheeting onto the window. (It can be removed in the spring.) &ldquo;It&rsquo;s temporary and it&rsquo;s not pretty, but it&rsquo;s inexpensive (about $4 a window) and it&rsquo;s extremely effective,&rdquo; says Lipford.</p><p><strong>7. Don&rsquo;t forget the chimney</strong><br />Ideally, spring is the time to think about your chimney, because &ldquo;chimney sweeps are going crazy right now, as you might have guessed,&rdquo; says Ashley Eldridge, director of education for the Chimney Safety Institute of America.</p><p>That said, don&rsquo;t put off your chimney needs before using your fireplace, Eldridge advises. &ldquo;A common myth is that a chimney needs to be swept every year,&rdquo; says Eldridge. Not true. But a chimney should at least be inspected before use each year, he adds. &ldquo;I&rsquo;ve seen tennis balls and ducks in chimneys,&rdquo; he says.</p><p>Ask for a Level 1 inspection, in which the professional examines the readily accessible portions of the chimney, Eldridge says. &ldquo;Most certified chimney sweeps include a Level 1 service with a sweep,&rdquo; he adds.</p><p>Woodstoves are a different beast, however, cautions Eldridge. They should be swept more than once a year. A general rule of thumb is that a cleaning should be performed for every &frac14; inch of creosote, &ldquo;anywhere that it&rsquo;s found.&rdquo; Why? &ldquo;If it&rsquo;s ash, then it&rsquo;s primarily lye &mdash; the same stuff that was once used to make soap, and it&rsquo;s very acidic.&rdquo; It can cause mortar and the metal damper to rot, Eldridge says.</p><p>Another tip: Buy a protective cap for your chimney, with a screen, advises Eldridge. &ldquo;It&rsquo;s probably the single easiest protection&rdquo; because it keeps out foreign objects (birds, tennis balls) as well as rain that can mix with the ash and eat away at the fireplace&rsquo;s walls. He advises buying based on durability, not&nbsp;appearance.</p><p>One other reminder: To keep out cold air, fireplace owners should keep their chimney&rsquo;s damper closed when the fireplace isn&rsquo;t in use. And for the same reason, woodstove owners should have glass doors on their stoves, and keep them closed when the stove isn&rsquo;t in use.</p><p>Check out <a href="http://www.csia.org/">CSIA&rsquo;S Web site</a> for a list of certified chimney sweeps in your area.</p><p><strong>8. Reverse that fan</strong><br />&ldquo;Reversing your ceiling fan is a small tip that people don&rsquo;t often think of,&rdquo; says Lipford. By reversing its direction from the summer operation, the fan will push warm air downward and force it to recirculate, keeping you more comfortable. (Here&rsquo;s how you know the fan is ready for winter: As you look up, the blades should be turning clockwise, says Lipford.)</p><p><strong>9. Wrap those pipes</strong><br />A burst pipe caused by a winter freeze is a nightmare. Prevent it before Jack Frost sets his grip: Before freezing nights hit, make certain that the water to your hose bibs is shut off inside your house (via a turnoff valve), and that the lines are drained, says Broili. In climes such as Portland, Ore.,&nbsp;or Seattle, where freezing nights aren&rsquo;t commonplace, you can install Styrofoam cups with a screw attachment&nbsp;to help insulate&nbsp;spigots, says Broili.&nbsp;</p><p>Next, go looking for other pipes that aren&rsquo;t insulated, or that pass through unheated spaces &mdash; pipes that run through crawlspaces,&nbsp;basements or garages. Wrap them with pre-molded foam rubber sleeves or fiberglass insulation, available at hardware stores. If you&rsquo;re really worried about a pipe freezing, you can first wrap it with heating tape, which is basically an electrical cord that emits heat.</p><p><strong>10. Finally, check those alarms</strong><br />This is a great time to check the operation &mdash; and change the batteries &mdash; on your home&rsquo;s smoke detectors. Detectors should be replaced every 10 years,&nbsp;fire officials say. Test them &mdash; older ones in particular &mdash; with a small bit of actual smoke, and not just by pressing the &ldquo;test&rdquo; button. Check to see that your fire extinguisher is still where it should be, and still works.</p><p>Also, invest in a carbon-monoxide detector; every home should have at least one.</p></description> <link>http://www.snowandwall.com/default.cfm/page/blog/cat/entrydisplay/entryid/66a535fa-c8aa-4151-bf90ef2017987b19.htm</link> <pubDate>Thu, 08 Dec 2011 04:14:06 -0600</pubDate></item><item> <title>Real-Estate Myths</title> <description><h2><a title="Permanent Link to Real-Estate&nbsp;Myths" rel="bookmark" href="http://cbbarnes.wordpress.com/2011/10/04/real-estate-myths/">Real-Estate&nbsp;Myths</a></h2><img width="196" height="130" alt="" src="http://cbbarnes.files.wordpress.com/2011/10/house-sale-with-people-in-front.jpg?w=196&amp;h=130" title="house sale with people in front" class="alignleft size-medium wp-image-941" />This is a great article featured on MSN&rsquo;s real estate section this morning&hellip;.<h3>Don&rsquo;t fall for real-estate myths in this market</h3><p>It&rsquo;s easy to think that because we&rsquo;re in a buyers market, buyers can call all the shots: Wait weeks before deciding whether to make an offer on a particular house, find grateful acceptance of lowball offers or scoop up homes for 50% of the asking price.</p><strong> </strong><p><strong>Your worst real-estate enemy? You</strong></p><p>Good luck with that. Clinging to those and other popular myths may keep you from getting the house you want.</p><p>I&rsquo;m always amused to see how unrealistic some of the would-be buyers are on the TV house-hunting shows. But when I was 25, I knew everything, too &mdash; even if I didn&rsquo;t realize my life would never be complete without granite countertops and stainless-steel appliances.</p><p>Syndicated columnist Lew Sichelman had a <a href="http://www.latimes.com/business/la-fi-lew-20110724,0,2464756.story" title="http://www.latimes.com/business/la-fi-lew-20110724,0,2464756.story">column in last weekend&rsquo;s Los Angeles Times about some of the real-estate myths</a> that can keep buyers from getting the homes they want.</p><p>&ldquo;&hellip; many people believe they can make any bid they want, no matter how ridiculous, because it&rsquo;s a buyers market. False,&rdquo; he wrote. &ldquo;Even foreclosures and short sales are never priced at half their value &lsquo;or anything even close to that type of fire-sale discount,&rsquo; says Christina Rordam of Exit Real Estate Results in&nbsp;Longwood, Fla.&rdquo;</p><strong> </strong><p><strong>Is the buyers market a mirage?</strong></p><p>No one can predict how a particular seller will respond to an offer, whether the seller is an individual or a bank. If the seller doesn&rsquo;t like you, you run the risk that he will refuse to deal with you.</p><p><strong>Here are some other myths that could doom your purchase:</strong></p><ul> <li> <div>If the house has been on the market a long time, the seller will take a low offer. Wrong. The house could be on the market a long time because the seller not only won&rsquo;t take a low offer but also won&rsquo;t take a reasonable offer.</div> </li> <li> <div>A distressed property is always cheaper. Maybe it is and maybe it isn&rsquo;t. Lenders aren&rsquo;t always logical in their negotiations, so you may get as good a deal or better from a realistic homeowner.</div> </li> <li> <div>If you look long enough, you&rsquo;ll find your perfect house. Afraid not. The perfect house doesn&rsquo;t exist, at least not in your price range. And that&rsquo;s true no matter what your price range.</div> </li> <li> <div>Your family and friends will give you good advice about real estate. They&rsquo;ll give you advice, all right. But it is unlikely to be as good as the advice you&rsquo;ll get from a professional.</div> </li></ul><p>We&rsquo;ll offer one more piece of advice: All real estate is local. Very local.</p><strong> </strong><p><strong>Don&rsquo;t fall victim to a lying seller</strong></p><p>That means that while it may be a buyers market nationwide, or even in your city, it could easily be a sellers market in your first-choice neighborhood. Do your homework.</p><p><strong>Look at houses for sale in your desired neighborhood</strong></p><ul> <li> <div>If you&rsquo;re thinking of buying a home, we suggest you dig into the articles in in the <a href="http://realestate.msn.com/BuyAndSell/buy.aspx" title="http://realestate.msn.com/BuyAndSell/buy.aspx">homebuyer&rsquo;s section of MSN Real Estate</a>. That should save you from a few misconceptions and a lot of wasted time.</div> </li></ul><br /></description> <link>http://www.snowandwall.com/default.cfm/page/blog/cat/entrydisplay/entryid/c5af3807-5dfe-4ade-ba0a501d9eb5f118.htm</link> <pubDate>Thu, 08 Dec 2011 04:13:01 -0600</pubDate></item><item> <title>25 Things NOT to do in Real Estate</title> <description><h2><img style="width: 124px; height: 112px" alt="" src="http://c2.linktu.us/iq_cb_barnes/Images/Custom/6156867863/image/ooops.jpg" />25 Things NOT to do in Real&nbsp;Estate</h2><div class="entry"><p>I found this article at HGTV.com today and boy have they hit the nail on the head with these real estate mistakes.&nbsp; Having been in real estate in one form or another for more than 11 years, I have seen most of these time and time again. Check out these BIG MISTAKES and make sure that when you are ready to buy or sell&hellip; you don&rsquo;t make the same&nbsp;mistakes!</p><p>&nbsp;</p><p><strong>25. Buying a House for Its Decor</strong></p><p>Remember that you are buying the house, not the things inside it, so make sure you see beyond the decorations and look at the bones of the home. Focus on the floor plan and the square footage. You also might want to measure the dimensions and graph out how that&rsquo;s going to work with your belongings.</p><p><strong>24. Not Providing Easy Access for Showings</strong></p><p>Make your house easily accessible to potential buyers. If there&rsquo;s nowhere to park or it&rsquo;s difficult to get into, buyers may just skip it and look at someone else&rsquo;s property.</p><p><strong>23. Not Researching the Neighborhood</strong></p><p>It&rsquo;s absolutely critical that you research the neighborhood before you buy. Check out the area, amenities and the school system to be sure that your address corresponds with the correct school district. Also attend a community meeting, if possible. You&rsquo;re not just buying a house, you&rsquo;re buying a piece of that real estate and the land around it.</p><p><strong>22. Losing Money With Auctions</strong></p><p>While the starting bidding price for a house on auction might be a good deal, it doesn&rsquo;t mean the final price will be. Make sure that you are very strict with your budget when you are bidding; do not go over your final price because you got wrapped up in the excitement of a bidding war. Another thing to keep in mind is that when you buy a property at auction, you aren&rsquo;t able to get any of the warrantees or guarantees, and you are not able to do a home inspection. Find out if the auctioneer is going to add those charges on top of the sale price as well as if there are any liens on the property. You could be responsible for paying the property taxes on that house you just bought, which could make what looks like a good deal into a really bad deal.</p><p><strong>21. Trying to Make the &ldquo;Hard Sell&rdquo; While Showing</strong></p><p>If you are selling your house, you really shouldn&rsquo;t be around at the open house. You might want to try to sell the place on all the reasons you think the house is great, but that might not translate to the buyer. If you leave, you allow the buyers to give unbiased objective feedback to the agent, which is only going to help you in the end.</p><p><strong>20. Waiting Until Spring to Sell Your House</strong></p><p>Spring is the busiest real estate activity period, but that does not mean that people don&rsquo;t buy houses 365 days of the year. That doesn&rsquo;t mean you can&rsquo;t emphasize your home&rsquo;s seasonal amenities.</p><p><strong>19. Treating Real Estate Like the Stock Market</strong></p><p>When the real estate market is really hot and is appreciating really fast, people tend to look at it like it&rsquo;s the stock market. But playing real estate is nothing like the stock market; when you invest in real estate, you really need to take a long-term approach.</p><p><strong>18. Failing to Market Your Home in Different Ways</strong></p><p>Don&rsquo;t market your home with just a &ldquo;for sale&rdquo; sign. Explore other marketing tools as well. Talk to your real estate agent about the marketing that he or she will do. It&rsquo;s something that should be set up from the initial signing of a contract with an agent. Some homes have virtual tours and photographs online. If you choose to go that route, don&rsquo;t forget to include the floor plans. That way, people can see the layout of your home and know if it&rsquo;s right for them.</p><p><strong>17. Not Thinking About Resale</strong></p><p>When you are decorating and renovating your home, you need to think about what is going to appeal to a broad section of buyers when it comes time to sell it. Buying houses and being in the real estate market is like chess: You always want to look two or three steps ahead in the game.</p><p><strong>16. Buying Without Actually Seeing the Property</strong></p><p>It&rsquo;s really easy to buy a house without seeing it because of the Internet and virtual tours, but virtual tours can be deceiving. Plus, it&rsquo;s really hard to actually get a sense and feel of a home by only looking at it online. You need to actually walk through the place yourself. If that&rsquo;s just not possible, hire an inspector to go look at the property and provide you with an assessment.</p><p><strong>15. Trusting Everything a Real Estate Advertisement Says</strong></p><p>Don&rsquo;t assume every ad is fact. Learn to decipher real estate lingo. For example, &ldquo;cozy&rdquo; means small, and &ldquo;as is&rdquo; means it&rsquo;s a fixer-upper. If there are a lot of exclamation points in an ad, it&rsquo;s because there is so little to say about the place. Follow the old adage: If it sounds too good to be true, it probably is.</p><p><strong>14. Picking the Wrong Agent</strong></p><p>Treat meetings with agents like a job interview because that&rsquo;s really how it works. Keep in mind that the person is going to be working for you. Talk to your friends who&rsquo;ve sold houses and had good experiences with their particular agent, and go to open houses and observe how that agent interacts with other people. It&rsquo;s also a good idea to meet with the agent in their office. It allows you to see how organized he or she is, what kind of environment they work in and whether that&rsquo;s conducive to being able to do a good job for you.</p><p><strong>13. Not Hiring an Agent</strong></p><p>There&rsquo;s a lot more to selling a house than just putting a sign on the front lawn. If you don&rsquo;t have an agent, you will not get on the multiple-listing service (MLS). That means that other agents are not going to know that your property is for sale. Another thing to consider is if you are willing to show the house each time someone wants to come by and look at it. If you do plan to sell your house on your own, be sure to have a lawyer present at the closing. It&rsquo;s really important to have someone on your side who understands all the complexities.</p><p><strong>12. Buying the Most Expensive Home on the Block</strong></p><p>The most expensive house will only depreciate in value over time, rather than appreciate, which is what you want. Also, those houses are often not the first house to sell because they are usually overbuilt to the neighborhood. It&rsquo;s absolutely critical that you research the neighborhood before you buy to find out what the price point should be.</p><p><strong>11. Not Setting a Realistic Budget</strong></p><p>Just because the bank prequalifies you for a loan amount of $400,000 doesn&rsquo;t mean you can afford to make that payment every month. Before hitting the streets for a house hunt, you should sit down and make a monthly budget of what you spend every month. Come up with a number that you are comfortable spending on your mortgage payment, aside from those other expenditures. An easy way to do this is to take a third of your gross income and have that figure be the number you spend on the house. It is also a good idea to have six to nine months of mortgage payments in the bank, plus a little extra if you have any repairs that you might need to do.</p><p><strong>10. Visiting the House Only Once</strong></p><p>It&rsquo;s important to visit a house more than once because the neighborhood itself may be very different, depending on the day of the week and the time of day. It&rsquo;s also a good idea to go home and think about it, even sleep on it, before you go back again.</p><p><strong>9. Not Being Pro-Active at Closing</strong></p><p>The best thing to do when going into a closing is to get all the paperwork ahead of time. All that information should come from a mortgage broker or banker. They have what they call a HUD (Housing and Urban Development) One form that lists all the charges, and you can legally get it in your hands 24 hours before closing. Schedule the closing for in the morning, so you have a fresh mind and plenty of time to go over everything and to ask questions. The final walk-through is another imperative part of the process. You may want to have a home inspector accompany you.</p><p><strong>8. Doing Major Renovations/Remodeling Before Selling</strong></p><p>Minor upgrades usually have a higher return on your money than tackling major renovations before placing a home on the market. The main reason? Huge construction projects always cost more than you think they will, and they also take longer than you expect. The best place to spend money is outside. Research shows that increasing the curb appeal often returns the most value on your money. It&rsquo;s what gets buyers inside the house.</p><p><strong>7. Skipping the Loan Pre-Approval Step</strong></p><p>When you are pre-approved, the bank is saying, &ldquo;we will give you a mortgage of up to this amount, so now all you have to do is find your home.&rdquo; Some sellers only allow real estate agents to show their house if someone has a pre-approved letter. That indicates that the shopper really is serious about buying a home.</p><p><strong>6. Falling in Love With the First Property You See</strong></p><p>Many homebuyers, particularly first-time homebuyers, fall into the trap of falling in love with the very first house that they see. You need to at least look at three more houses in the area to get an idea of what the comparables are in that price range. You want your real estate agent to show you homes comparable to what you saw. At the end of the day, re-evaluate.</p><p><strong>5. Buying a Home Without a Professional Inspection</strong></p><p>There are a lot of things a home inspection can reveal about a property that are not visible to the naked eye. Be sure to hire someone who comes with a good referral basis, who&rsquo;s been in the business a while and knows what to look for. Look up the American Society of Home Inspectors and get a list of qualified home inspectors in your area. Once you find an inspector, insist that they compile a written report, complete with photos. Photographs are important because there are areas a home inspector will go that you might not look at.</p><p><strong>4. Overlooking the Extra and Hidden Costs</strong></p><p>Buying a home is not just about the money that you spend upfront; it&rsquo;s about all the rest of the money you have to spend beyond that. Find out what the property taxes are, what your water bill might be and what a standard electric bill is in that home, especially if you have electric heat instead of gas heat. You also need to factor in furnishings you may need to purchase before you can move in.</p><p><strong>3. Buying What You Want, Not What You Need</strong></p><p>Look at the space that you are already living in. It will help you to realize what you have been missing and what you need in your next home. Make a list of those needs and then ask your agent to start shopping based on those needs. On average, Americans live in a house for about nine years. Remember, you can always trade up a few times before you find the ultimate home.</p><p><strong>2. Setting Too High of a Sale Price</strong></p><p>As a seller, it&rsquo;s really important to do your research. To come up with your sale price, look up what comparable homes in your neighborhood have sold for. Figure out what the going price is and try to put yours right in the middle of that, unless you have something extra-special to offer. It&rsquo;s always better to price a home that way than to start too high and have to reduce. Once you reduce, it always looks like something is wrong with the home.</p><p><strong>1. Failing to Showcase Your Home and Making Small Cosmetic Changes</strong></p><p>When you are selling your house, you have to really look at it objectively and think about it from the viewpoint of the house hunter. Make minor enhancements to the house and maybe hire a professional stager to come and arrange your furniture. Staging is about decorating your house for the buyers&rsquo; taste, not yours. A great place to start is with the front of the home and the main entryway. Home staging is designed to increase the potential selling price and reduce the amount of time the house stays on the market.</p></div></description> <link>http://www.snowandwall.com/default.cfm/page/blog/cat/entrydisplay/entryid/3154a34c-d4ab-41b6-0cce66bb8956684c.htm</link> <pubDate>Thu, 07 Apr 2011 01:58:41 -0600</pubDate></item> </channel></rss>

