It's Teh 239 BayBeeee

Now you know me, you should follow me. Looking for something?

When Should You Sell Your Home?

Whether this is a home that you have been living in for many years or an investment you made on a whim a few years back, you may now find yourself wondering whether or not it is a good time to sell your home. If the housing market looks as though it is crashing, many people start to panic. They don’t want to lose all of their money but yet they don’t want things to get worse before they have to sell.

The thing to remember though is that there will always be a buyer out there for your property. This means that you will be able to find someone to buy your home and if not, you can always use short term housing. Now, as far as for what price, that will vary depending on several factors. However, one thing is for certain with the housing market and that is that it changes all of the time. Even if things are not looking good for the moment, things can and will change and be back up to good standing before you know it.

Of course, if you are facing a lot of financial problems that could put in some deep trouble, you might want to think of trying to sell your real estate now. You can always purchasing something again in order to reinvest and in doing that, you might just find yourself with a better deal. In the end, every situation is different and you really have to make sure that you are weighing the pros and cons in order to do what is best for you.

Breitenstein: Residence Dems advise new taxes to supercommittee


House Democratic Caucus Chair Rep. John Larson, D-Conn., second from left, with from left; House Minority Leader Nancy Pelosi of Calif.; Rep. Nydia Velazquez, D-N.Y., and House Minority Whip Steny Hoyer, of Md. gestures during a news conference on Capitol Hill Thursday.

Dwelling Democrats made available a sweeping deal of suggestions for the “super-committee” on deficit reduction, reinforcing the party’s place that $1.five trillion can’t be trimmed devoid of new tax income.

Rep. Nancy Pelosi (D-Calif.), the minority leader, unveiled the inch-thick…

Falgun: Anti-Wall Road protesters say the wealthy are receiving richer although ordinary Americans undergo, however the group...

Staging Your Home?

In order to sell your home in today’s market, it is important that you make it stand out from the others on the market. By simply staging your home you can add instant value, maximize the amount of money you make and get your home sold sooner. Follow a few basic tips for staging your home and you will almost definitely see a return. Creating furnished homes is very, very important to the sales process.

Interior Paint 

If you painted your walls any extreme colors or stenciled in bedrooms or kids’ rooms, now is the time to grab a bucket of regular, neutral color and give your rooms a little freshening up. Though you may have loved your bright orange accent wall, it may just be an eye sore for potential buyers who may not be able to see past it. Though they could just as easily change it, most buyers don’t want to come into a home and immediately see something that would absolutely have to go. Instead, make them feel as though your home is a clean slate that they can customize for their unique tastes.  

Clean up the Clutter 

Remove everything from rooms that doesn’t need to be there. If you have kids and there are toys in the family room, remove them and place them in a closet or storage. Excess piles of paper or random items should be cleared away as well. By leaving lots of things out you are giving the impression that your home is smaller than it actually is.  

Curbside Appeal 

Make a great first impression by cleaning up the front of your house. Apply a new coat of paint to the shutters if necessary and add some colorful plants. Clean off your porch and lay down a welcome mat. Make your house feel like a home from the minute a prospective buyer pulls into the driveway. 

There are many ways to stage your home but these basic steps will ensure that people see their potential home rather than feel out of place in someone else’s house. 

Buying Real Estate With Credit Unions, Federal Agencies and Temporary Housing Investors

Buying Real Estate With Credit Unions, Federal Agencies and Temporary Housing Investors

Credit unions are good places to obtain a mortgage loan for home.  These are very competitive with their terms because they are organized by certain groups of people like employees of a certain company, a labor union or any type of a religious group.  Credit unions offer savings, loans and many other financial services.  Their goal is to serve the financial needs of its members.

Federal agencies have helped many to become home owners.  The Veterans Administration is one such agency that will lend directly to people who have served in the military.  Normally their rates and terms are better than conventional lending institutions.  They generally offer loans in areas that have housing credit shortages such as rural towns and smaller cities.  GI loans are generally not available in larger metropolitan areas where there are more private lending institutions to choose from.

Another source of acquiring a home mortgage loan are called individual investors.  Similar to temporary housing, but they don’t outright own the property.  They help the home buyer to have the leverage of finances so they can go ahead and buy the home.  These are people that will put up the money for home loans, normally on a short term basis.  They also require a hefty down payment, like one-third of the total asking price.  Many developers may obtain these loans and also a second mortgage to cover the large down payment, especially in cases where it is impossible for the want to be home owner to come up with that kind of down payment up front.

Follow the movement!

Old Blog Post I found on my hard drive, don’t know what else to do with it so I am going to drop it here lol

Rural land pricing will never look this good again to buyers, expect huge sales
January 18th, 2007 · 1 Comment - Denver Furnished Apartments

Get in now or expect to be kicking yourself down the road. Some of you may wonder what on earth I am talking about – “Of course pricing will go up!”, you may say.  But I believe we are not in for a steady incline, but rather a boom in pricing, and here is why.

In order for prices to boom, there needs to be a driving force.  In this case, it isn’t a what, but rather a who.  Who is going to be a big part of driving these prices up? Baby Boomers, of course.  Don’t they get blame and credit for everything these days?  The first batch of Baby Boomers are turning 60 this year - over one quarter of the 78 million Baby Boomers are of the ages of 55-60. Now that’s a lot of collective influence!  Retirement is just around the corner for many of them, with thousands more turning that corner each day.

Am I assuming they will all want to live in rural areas? Not exactly.   But, I do know that a great many of them will retire to rural areas – either small rural towns, or large pieces of undeveloped country land.  But even if a Boomer doesn’t make the move to the country, many plan to buy property either as a second residence or as an investment.

A survey sample of 2,000 baby boomers conducted for NAR by Harris Interactive® showed that, ten percent of boomers indicate they plan to buy some form of real estate within the next year, which corresponds with U.S. Census Bureau data that shows 3.5 million boomer households moved during the last year. Two-thirds are considering a primary residence, but the rest are thinking about land, second homes or commercial property.”

“Half of boomers who live in an urban area would like to retire in a small town or rural area,” the survey showed.

According to, a website that lists rural properties for sale, 40% of Baby Boomers plan to retire in rural areas. Additionally, rural areas grew by 3 million people in the 1990s and two thirds of those moved from urban areas. This trend continues today.

United Country claims that the Baby Boomers who are already buying retirement homes in these rural areas are key factors to the continued success of their business.  Since boomers are just beginning to hit retirement age, they expect it to continue for another 20 years.

You may be wondering if Baby Boomers alone are enough to drive the rural real estate pricing boom that I believe is coming on fast.  My prediction is actually based on much more than that.

not just Baby Boomers who are poised to take the rural real estate plunge.  With the practice of working from home becoming more and more accepted by traditional companies, the lure of living in the city and making a 1 hour commute at 10 MPH to go 15 miles is wearing thin.  While some people love the city and compact living, many others are letting their preferences be known by making the move to rural real estate because of work from home opportunities presented to them by their employer.  In most major cities, $500,000 would buy you a aging home in a downtrodden area, but you can have a 5 bedroom, 3 bath home on 20 acres (or more) in many rural areas for that price. The fact is that more and more companies are relaxing the reigns on their employees to work from home. With the Internet and todays collaborative technology, it’s very easy to be just as effective in the home office as in the corporate office.

“Water-cooler time costs money,” said Mark Mehler, co-founder of CareerXroads, a New Jersey recruiting and consulting firm. “If you can do one, two days a week from your home office, you’re a lot more productive.”  The executives that they surveyed recognize those advantages: 78% reported that their telecommuting workers were more productive than or as productive as office-bound colleagues.

But we must consider this technological barrier before the boom occurs: what do many rural areas lack that makes it nearly impossible to have the option to move out of the city and work form home? You guessed it, broadband Internet. This is practically mandatory in most professions.  Being on a phone call while in a voice chat conference and logged into multiple accounts and websites is just not going to work on a dial up 56K phone line. Expect to see some major improvement in availability of brandband Internet in rural areas very soon!  How is this going to happen and who is behind it? It’s already happening and many groups are behind it, including our state and federal governments.

One supporter is a company called Fairpoint out of Portland Maine. The company’s plan begins with buying Verizon’s holdings in Maine, New Hampshire, and Vermont and then they plan to drop $200 million into their infrastructure. This, they say, will greatly increase broadband availability to rural regions in these states. Gov. Jim Douglas of Vermont is assisting with his own efforts to get broadband out with his program called the “E-State” initiative.  Gov. John Baldacci of Maine has a program as well, called “ConnectME”.

President Bush has said:

“This country needs a national goal for…the spread of broadband technology. We ought to have…universal, affordable access for broadband technology by the year 2007, and then we ought to make sure as soon as possible thereafter, consumers have got plenty of choices when it comes to [their] broadband carrier.”

There are multiple bills in various stages of development that will pour more government money to assist this goal.  It will soon be a thing of the past to be tethered to a city in order to have a high paying career.

So I say it again: Rural land will grow in value more than most people expect and this trend will continue for many years to come.   This is because:

- 78 Million Baby Boomers are nearing retirement age and many surveyed say they plan to buy land and retire in a rural area.

- More and more companies are allowing employees to work from home due to the increased productivity that home workers experience, and the wider availability of broadband in rural areas.  High salaried professional are no longer required to live within the confines of a city to have a city job.

- Broadband companies, state, and federal governments are working to immediately provide rural areas with access to broadband Internet, which will further increase the exodus from cities to rural real estate.

What are you doing to be sure that you are ready to be a part of the boom?