Bev Schow..Your Springs Agent

5 Remodeling Tips for Busy Homeowners

Between family, friends and work, life is hectic. If you—like many Americans—are trying to relocate or remodel your current home, the added stress is enough to make anyone throw in the towel. The following tips, provided by the American Homeowners Foundation and the American Homeowners Grassroots Alliance will help you plan and execute your home renovation with ease. Tip 1. Compare the Cost Of Moving to Remodeling. Moving is expensive, typically involving a 6 percent commission on the sale of your current home, plus another 2-4 percent for closing, moving, and other costs. If you like the present neighborhood then look into what improvements you could make with 8-10 percent of your home’s current value before you decide to move. Tip 2. Design...

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10 Tips for Homebuyers

Making the decision to buy a new home is a life-altering event…in a good way. But the process can be daunting. Take the following advice from CNNMoney into consideration before heading out on your home-buying journey. Don’t buy if you can’t stay put. Given today’s challenging marketplace, don’t buy a home unless you can commit to staying there for at least a few years. The days of flipping for profit are long gone and you stand to lose money if you sell too soon after buying. Shore up your credit. Securing a mortgage in today’s market requires excellent credit so take the time to clean up your credit report well before you begin looking for a home. Be honest about what you can really afford. The rule of thumb is that you can buy housing...

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A Fresh Assessment

By Keith Loria Let’s say you just purchased a new home that has a large property tax commitment. You may be able to do something about it. In today’s housing market, having the property reassessed is very in vogue. “A tax assessment is an estimate on the value of your property solely for the purpose of determining how much you owe in property taxes,” says Peter Hoegen, an attorney with Hoegen & Associates, PC in Pennsylvania who specializes in tax assessments. It’s a good bet that you may have bought the house for a price lower than the property value, so sometimes taxes can be lowered if the value has changed. Not that it’s only about the taxes. Another reason for a reassessment is for insurance purposes, to make sure the home has an appropriate...

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