June 2008
Listing Your Home? Get The Smells Out With Deep-Fried Apples
June 30, 2008 by MikeRosen · Leave a Comment
Neutralizing home odors is an important part of preparing a home for sale but it’s not always so easy. Every home has a unique odor that’s ground into carpets, walls, fabrics. Cooking at home plays a big role, too.
But just because a home is listed for sale doesn’t mean that the kitchen is off-limits. [...]
What To Do When The Bank Reduces Your HELOC
June 27, 2008 by MikeRosen · Leave a Comment
A Home Equity Line of Credit is bank product that grants homeowners access to the equity in their home at anytime, usually using checks.
Often called a HELOC, these equity-based credit lines function very much like credit cards:
The rate is adjustable, tied to Prime Rate
There is a minimum monthly payment
There is a pre-set spending/credit limit
But different [...]
Simple Real Estate Definitions : PITI
June 24, 2008 by MikeRosen · Leave a Comment
Most homeowners make four housing-related payments each month:
Principal on a mortgage
Interest on a mortgage
Taxes on the real estate owned
Insurance for the real estate owned
Collectively, these payments are known by the acronym PITI but don’t let it fool you — a homeowner’s monthly expenses are still called PITI even if one or more of the elements [...]
The Surprising Truth About How Buyers View Your Linen Closets
June 23, 2008 by MikeRosen · Leave a Comment
In this 4-minute video, real estate maven Barbara Corcoran reminds us that homes are bought and sold within 8 seconds.
And, although the clip features a suburban home in New York, the Lessons of Good Presentation apply to every home looking for a buyer.
Some of the video’s key take-aways include:
Let your home’s natural light shine [...]
Why Home Values May Rise When Home Building Falls To A 17-Year Low
June 18, 2008 by MikeRosen · Leave a Comment
A “Housing Start” is a new home on which construction has commenced and in May, Housing Starts fell to a 17-year low nationally.
At first glance, this may seem like a negative for the already-battered U.S. housing market.
It’s not.
Falling Housing Starts reflects the broader real estate market and shows us that builders are working hard to [...]
Do-It-Yourself : Garbage Disposal Repair
June 17, 2008 by MikeRosen · Leave a Comment
A jammed garbage disposal is one of the most common household plumbing issues and, despite its mechanical simplicity, fixing one can cost up to $300 in labor and parts.
Try saving some money next time by doing it yourself.
Courtesy of Expert Village, this short, 2-minute video walks you through the steps in troubleshooting your own in-sink [...]
Guess Which 4 States Accounted For More Than 50 Percent Of May 2008 Foreclosures
June 13, 2008 by MikeRosen · Leave a Comment
RealtyTrac released its most recent foreclosure statistics and if you only read the headlines, you think the entire country was on the verge of losing its homes.
The underlying data tells a different story, however.
More than half of the country’s foreclosure activity in May 2008 was tied to just 4 states in the union:
California (28 percent)
Florida [...]
Fairfax Real Estate Market Statistics
June 12, 2008 by MikeRosen · Leave a Comment
As expected the average days on market is continuing its seasonal decline into the month of June with the increased activity during the summer months. What is interesting to see here is that the average price for houses that have sold has been stable since January of this year. I’m not going to [...]
Loudoun Real Estate Market Statistics
June 12, 2008 by MikeRosen · Leave a Comment
Arlington Real Estate Market Statistics
June 12, 2008 by MikeRosen · Leave a Comment
