Title /blog/posts/2011/02/?format=rss A blog feed. en-US Sun, 13 Feb 2011 20:05:00 -0500 New Mass Homestead Law-$500,000 Creditor Protection - Signed Into Law https://www.wandamooney.com/blog/posts/2011/02/13/new-mass-homestead-law-500-000-creditor-protection-signed-into-law/ <div class="separator" style="clear: both;text-align: center"> <a href="https://s3.amazonaws.com/files.usmre.com/5577/blog/misc/Homestead.bmp" style="clear: left;float: left;margin-bottom: 1em;margin-right: 1em"> <img border="0" src= "https://s3.amazonaws.com/files.usmre.com/5577/blog/misc/Homestead.bmp" /></a></div> <p>Gov. Patric signed into law the New Mass Homestead with<br /> $500,000 in creditor protection. &nbsp;You will need to record a<br /> Declaration of Homestead with your county Registry of<br /> Deeds. &nbsp;Contact your attorney for more details and read<br /> highlights here! &nbsp;&nbsp;<a href= "http://bit.ly/fdTzxL">http://bit.ly/fdTzxL</a></p> Uncategorized Sun, 13 Feb 2011 20:05:00 -0500 Winners and Losers in the Proposed Housing Plan https://www.wandamooney.com/blog/posts/2011/02/12/winners-and-losers-in-the-proposed-housing-plan/ <p>What does it mean if the government eliminates Freddic Mac and Fannie Mae? &nbsp;It will cost Buyers more money to borrow money with higher interest rates and larger down payments which are all part of what could happen. &nbsp; There is no doubt drastic changes are on the horizon. &nbsp;Over the next several months we need to pay attention to what is being proposed and how that will effect you as a homeowner and future home buyer.</p> <p>Read on about the winners and losers of the new housing plan -&nbsp;<a href= "http://reut.rs/gdaupD">http://reut.rs/gdaupD</a></p> Uncategorized Sat, 12 Feb 2011 13:11:00 -0500 Every Home Sale touches 80 Occupations - Home Ownership Matters https://www.wandamooney.com/blog/posts/2011/02/11/every-home-sale-touches-80-occupations-home-ownership-matters/ <p>Homeownership has a significant impact on net worth, educational achievement, civic participation, health and overall quality of life. &nbsp;Read on:&nbsp;<a href= "http://bit.ly/fCPnHU">http://bit.ly/fCPnHU</a></p> <div class="separator" style="clear: both;text-align: center"> </div> <div class="separator" style="clear: both;text-align: center"> <a href= "http://2.bp.blogspot.com/-0so6GyN_5dc/TVW1lrabhCI/AAAAAAAAAHE/23fOBjK8e_g/s1600/009_9.JPG" style="margin-left: 1em;margin-right: 1em"><img border="0" height= "150" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/misc/009_9.JPG" width= "200" /></a></div> Uncategorized Fri, 11 Feb 2011 22:19:00 -0500 Listen before you Paint! https://www.wandamooney.com/blog/posts/2011/02/08/listen-before-you-paint/ <p>[youtube=http://www.youtube.com/watch?v=TgdH0wov2yY]</p> Uncategorized Tue, 08 Feb 2011 12:34:00 -0500 Whats Happening in February https://www.wandamooney.com/blog/posts/2011/02/04/whats-happening-in-february/ <p>Take a look at February's Calendar of Events and make some plans! &nbsp;Greenfield winter carnival is this weekend, plan a nice evening with your honey for Valentine's Day or join us in Shelburne Falls for the Art Walk - there is so much to do in Franklin County. &nbsp;Have a great month.</p> <div><a href="http://bit.ly/g3OLQC">http://bit.ly/g3OLQC</a></div> <div class="separator" style="clear: both;text-align: center"> <a href= "https://s3.amazonaws.com/files.usmre.com/5577/Vintage+Ice+Skating.jpg" style= "clear: left;float: left;margin-bottom: 1em;margin-right: 1em"><img border="0" height="160" src= "https://s3.amazonaws.com/files.usmre.com/5577/blog/misc/Vintage+Ice+Skating.jpg" width="200" /></a></div> Uncategorized Fri, 04 Feb 2011 17:00:00 -0500 Real Estate Market Update https://www.wandamooney.com/blog/posts/2011/02/04/real-estate-market-update/ <p>Listen to National Association of REALTORS Chief Economist Lawrence Yun regarding his thoughts on the real estate market.</p> Uncategorized Fri, 04 Feb 2011 12:25:00 -0500 Massachusetts Profile of Home Buyers and Sellers https://www.wandamooney.com/blog/posts/2011/02/03/massachusetts-profile-of-home-buyers-and-sellers/ <div class="MsoNormal"><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">Every year the National Association of REALTORS<span style="line-height: 115%">&reg;</span> puts together a comprehensive report on the Profile of Home Buyers and Sellers. &nbsp;&nbsp;&nbsp;I selected some statistics from the Massachusetts portion of the report that I thought you would find interesting.&nbsp;&nbsp;&nbsp;</span></div> <div class="MsoListParagraphCxSpFirst" style="text-indent: -.25in"> </div> <ul> <li style="text-align: left"><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">&middot;<span style= 'font: 7.0pt "Times New Roman"'><span class="Apple-style-span" style= "color: red">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span>&nbsp;&nbsp;</span> 55% of recent home buyers were first-time buyers, compared to 50% nationwide.</span></li> <li style="text-align: left"><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">&middot;<span style= 'font: 7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> New Home purchases were at the lowest level in 9 years nationwide - down to 15% of all recent home purchases.&nbsp; Massachusetts - only 8% of homes were new.</span></li> <li style="text-align: left"><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">&middot;<span style= 'font: 7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> The typical home purchased was 1500 sqft in size, was built in 1963, and had 3 bedrooms and 1 full bathroom.</span></li> <li style="text-align: left"><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">&middot;<span style= 'font: 7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> When considering the purchase of a home, commuting costs were considered very or somewhat important by 79% of buyers.</span></li> <li style="text-align: left"><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">&middot;<span style= 'font: 7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> Typical buyer financed 88% of their home purchase.</span></li> <li style="text-align: left"><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">&middot;<span style= 'font: 7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> 36% of home buyers reported they have made some sacrifices such as reducing spending on luxury items, entertainment or clothing.</span></li> <li style="text-align: left"><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">&middot;<span style= 'font: 7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> 95% of home buyers used the internet to search for homes.</span></li> <li style="text-align: left"><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">&middot;<span style= 'font: 7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> 90% of buyers purchased their home through a real estate agent or broker.</span></li> <li style="text-align: left"><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">&middot;<span style= 'font: 7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> 94% of sellers were assisted by a real estate agent when selling their home.&nbsp;</span></li> <li style="text-align: left"><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">&middot;<span style= 'font: 7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> Among recent sellers who use an agent, 87% reported they would use that real estate agent again.</span></li> <li style="text-align: left"><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">&middot;<span style= 'font: 7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> The share of home sellers who sold their home without the assistance of a real estate was 4%.</span></li> <li style="text-align: left"><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">&middot;<span style= 'font: 7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> The primary reason that sellers choose to sell their home without a real estate agent is that the buyer contacted the seller directly.</span></li> </ul> <div><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">&nbsp;&nbsp; &nbsp; &nbsp;If you would like a copy of the complete Massachusetts or National report, email me at</span></div> <div><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif">&nbsp;</span><span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif">&nbsp;&nbsp; &nbsp; &nbsp;wanda@wandamooney.com and I would be happy to send you a copy.</span></div> <div><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div><span class="Apple-style-span" style= "font-family: Arial, Helvetica, sans-serif;font-size: x-small"><br /> </span></div> <p><!--[if !supportLists]--></p> Uncategorized Thu, 03 Feb 2011 00:30:00 -0500 Are your House Upgrades Really Worth It - Read On https://www.wandamooney.com/blog/posts/2011/02/01/are-your-house-upgrades-really-worth-it-read-on/ <div style="text-align: justify">Homeowners invest a tremendous amount of money and time in renovating their homes and I am one of them.&nbsp; I have no plans of selling so the renovations I do on my home will be mine to enjoy for many years to come.&nbsp; But if you are thinking of making some upgrades and do&nbsp;plan on selling in a couple of years, you need to keep in mind that you won't get the majority of your money back when it comes time to sell.&nbsp;&nbsp;</div> <div style="text-align: justify"></div> <div style="text-align: justify"><strong><u>Here is an example of some renovations with estimated cost and resale value:</u></strong></div> <div style="text-align: justify"></div> <p><strong>Siding Replacement</strong>: Cost $11,653 - Resale Value $9,173&nbsp;<br /> <strong>Roofing</strong>: Cost&nbsp;$23,232&nbsp; Resale Value -&nbsp;$14,689<br /> <strong>Finished Basement</strong>: Cost $68,253 - Resale Value $41,918<br /> <strong>Kitchen:</strong> Cost $22,267 - Resale Value $16,802<br /> <strong>Bathroom</strong>: Cost $17,620 - Resale Value $10,773</p> <p>These estimates are averages taken from the 2010-11 Cost vs. Value Report for the New England Region.&nbsp; This will give you a sense of the type of&nbsp;return you can expect based on the renovations you make on your home.&nbsp; For a more in depth report and explanations as to how they arrive at these figures, visit the web site at <a href= "http://www.costvsvalue.com/">http://www.costvsvalue.com/</a>.</p> Uncategorized Tue, 01 Feb 2011 01:33:00 -0500