Sunday, May 26, 2013
Sunday, May 12, 2013
Tabby Village
I've posted a new listing!
RARE New Construction in the coveted Isle of Hope/Sand Fly area. Beautiful new home by Regal Builders, seamless design with striking entry way, Formal Dining, Kitchen w/island open to Keeping Room which walks out to porch overlooking back yard. Few opportunities remain in Tabby Village!
RARE New Construction in the coveted Isle of Hope/Sand Fly area. Beautiful new home by Regal Builders, seamless design with striking entry way, Formal Dining, Kitchen w/island open to Keeping Room which walks out to porch overlooking back yard. Few opportunities remain in Tabby Village!
Tuesday, May 7, 2013
Buyers Will Pay Extra for These Features
Daily Real Estate News | Monday, April 29, 2013
Some home shoppers say they are willing to spend thousands of dollars above the price of the home in order to have certain interior features.
The most coveted home features tend to center around the kitchen, such as stainless steel appliances and a kitchen island, says Errol Samuelson, president of realtor.com.
24/7 Wall St. used data from the National Association of REALTORS® to determine some of the most desired home features. Here are eight features that made the list and how much extra, on average, buyers say they’re willing to pay for having that feature in a home:
• Central air conditioning: $2,520
• New kitchen appliances: $1,840
• Walk-in closet in master bedroom: $1,350
• Granite countertops: $1,620
• Hardwood floors: $2,080
• Ensuite master bath: $2,030
• Kitchen island: $1,370
• Stainless steel appliances: $1,850
Source: “11 Home Features Will Pay Extra For,” 24/7 Wall St. (April 28, 2013)
Ever wonder what a keeping room really is? A room to keep the kids?
Ever wonder what a keeping room really is? A room to keep the kids?
Well, a keeping room is an area just off the kitchen. Keeping rooms date back to Colonial times when families would sleep in that area when the rest of the house was cold. Since that area could be heated by the kitchen stove, it often provided the only heated place in the house. Today, a keeping room is called by many different names, depending on geographical location, such also commonly referred to as the family room.
Sunday, May 5, 2013
Rebound
Waiting Periods
Prospective buyers who’ve experienced a foreclosure or bankruptcy can
expect the following waiting periods before they can seek loan approval.
Fannie Mae and Freddie Mac Dept. of Veterans Affairs Federal Housing Administration
Foreclosure
Seven years, but the lender will make exceptions at three years if extenuating circumstances are met such as job loss or death of a wage earner. Generally, not less than two years with foreclosures and bankruptcies filed under straight liquidation and discharge provisions. If the foreclosure was on a VA loan, the buyer must have paid the VA for its loss before qualifying for a new VA loan. Three years, but the FHA may grant an exception if the foreclosure was a result of serious illness or death of a wage earner and the borrower has reestablished good credit.
Chapter 7 or 11 Bankruptcy Four years (two years with extenuating circumstances). Under a Chapter 7, two years after the discharge with reestablished good credit or no incurred new credit obligations,
Chapter 13 Bankruptcy Two years from discharge date; four years from dismissal date. After making 12 months of payments to a court-appointed trustee and the trustee or the bankruptcy judge approves new credit. One year current on required payments to be considered
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