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John Mayer Call 321-799-8334 / Cell 321-213-4831
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Avoiding Foreclosure Scams 6 Backyard Improvement Ideas to Add More Value to Your Home
A Must Read Homeownership offers immediate benefits and long-term value. Homeowners accumulate wealth for the future while enjoying the benefits of a shelter that they can use, improve and sell. Their home is a safe haven for investment.
Buying a home should be approached as a good long-term investment, providing both equity accumulation and tax benefits over time.
Homeownership is how many American families begin to accumulate wealth. According to data from the Federal Reserve Board, a homeowner’s net worth is 46 times that of a renter’s.
Homeownership provides shelter and security to families, and fosters involvement in community life as well as participation in democratic institutions. Homeownership also provides important social and economic benefits. It is the cornerstone of a healthy community and the basis for positive community involvement.
Homeowners are motivated to stay abreast of local issues to protect their investment. Research reported in the NAR study, Social Benefits of Homeownership and Stable Housing, shows that homeowners are more likely to vote and that they volunteer time for political and charitable causes more frequently than renters. According to data from the U.S. Census Bureau, owners do not move as frequently as renters, providing more neighborhood stability. In turn, involvement in community quality-of-life issues helps prevent crime, improve childhood education and support neighborhood upkeep.
Despite recent slowdowns in some markets, housing remains a good long-term investment, and demographic demand favors housing over the long term.
Local housing markets may experience temporary price declines as well as rapid price increases in the short term, but over a typical six-year period of homeownership, home values usually rise at a normal, gradual pace. Exceptions to this general trend almost always result from prolonged localized economic downturns, often driven by job and population losses. The children of the baby boomer generation, often called echo boomers, are the second largest generation in U.S. history, comprising about 75 million people born from 1982 to 1995. The oldest of these echo boomers are now entering the years in which people typically buy a first home, while the country’s 78 million baby boomers remain in peak earning years. Immigration continues to rise. According to the Joint Center for Housing Studies at Harvard University, net U.S. immigration has averaged about 1.2 million annually since 2000, and the foreign-born represented more than 40 percent of net household formations in the first half of this decade, up from less than 30 percent in the 1990s and about 15 percent in the 1980s. Minorities’ share of household growth has also been expanding. The Joint Center for Housing Studies at Harvard University estimates that minorities will comprise 68 percent of the projected household growth between 2005 and 2015.
Dollar for dollar, the rate of return on an individual’s cash down payment on a house is substantial. Buyers typically use their own money to cover only a small portion of the purchase price, but the home appreciation they realize is based on the total value of the property.
Homeowners benefit from the power of leverage. Over 10 years, a $10,000 investment in the stock market at a normal 10 percent market rate of return would yield $23,600. The same investment as a down payment on a $200,000 home at a normal appreciation rate of 5 percent would return nearly 5 times the stock market return, at $110,300.
Housing is not a quick-in, quick-out investment. When purchased for the long term, housing is one of the safest investments consumers can make. In addition to the savings accumulated through a buildup of equity and tax advantages, a home provides shelter. No paper investment provides this benefit.
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Tips For Preparing Your Home For Sale Tidy up the grounds, porches and garage. Keep the lawn trimmed and edged. Make sure that your yard is clean. First impressions count!
Look at your home objectively. Pretend you are seeing it for the first time, through a buyer’s eyes. Call or email me for recommendations on how to stage the property for presentation to prospective buyers. That is part of my expertise. I will be happy to walk through your home with you and help you “set the stage.” Remember, my goal is to help you sell your home for the most amount of money, in the shortest period of time, with the least amount of inconvenience to you. We only have one chance to make that good first impression!
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http://www.pytharealty.com/index.cfm/Sellers_Info
Topics Include
10 Steps To Sell Buyer Turn-Offs Curb Appeal Improvements Preparation
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Backyard Improvement Ideas to Add More Value to Your Home If you're like most homeowners, there is never a shortage of options when it comes to projects around the house. But studies have shown that some of the highest return on household improvements can come from those on the outside, not the inside. A primary reason is that outside investments can produce curb appeal, which is especially important if you are planning to sell your home. Those same improvements can enhance the enjoyment factor if you and your family plan to stay in your home. For example, one national industry resource-the National Association of Realtors, reported recently their experience shows a new wood deck produces the second highest return on home improvement investment of any common addition, remodel or replacement project. However projects don't have to be big to add value or enjoyment. The following popular outside improvement projects will increase the curb appeal or value of a home: Adirondack chairs - Uniquely-American classic outdoor furniture is made entirely of wood and has a straight back and seat, which are set at a slant to sit comfortably on a hillside or mountain incline, but still be comfortable at any angle. Gazebo - A gazebo can be freestanding or attached to a garden wall, roofed and open on all sizes to provide shade or shelter. Planters and window boxes - Planters have become popular because they are both functional and ornamental. Additionally, some can be moved frequently to account for seasonal weather or just to create a change in scenery. Picnic table - Picnic tables go well on a patio or a deck, but equally as well on the grass or under a tree in the yard. A traditional picnic table is all in one piece so that it wears well without a lot of maintenance. Trellis - A trellis can function as a unique sun screen or it can be the framework for an outdoor hanging garden. Building it with pressure treated lumber can add life by minimizing rotting and other threats. Trash can corral or compost bin - While many outdoor projects tend to be cosmetic in nature, here are two ideas that are both practical and pretty. With a trash can corral, you can hide unsightly trash cans and with a compost bin, you can reduce your own carbon footprint in a way that doesn't take away from the visual appeal of the place.
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Click Here http://www.pytharealty.com/index.cfm/Realty_News_and_Info
The Critical Role of a Realtor |
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