Is it time for a bigger House?

Have you asked yourself lately, is now the time to move? It’s when you realize your home  no longer fits your needs anymore.  Your children  have moved out and  now the house is too big.    There™s a baby on the way and  the house is  too small.   Now is the  time to find something that™s just right. With so may choices on the market today, you will have a great time house hunting. There are many life changes that can put you  in  this dilemma.  The decision you have to make now is whether to move or remodel you home.   First, find out the zoning laws on your property to determine whether you can remodel and to what extent. You are probably wondering if you should go up  1 story or  just add more rooms or simply up-date the kitchen, baths, etc..  If you can remodel, get at least three  detailed cost estimates from licensed contractors – and check their references! Then give me a call and let’s work together to determine how much value the remodel will add to your home and if  it’s reasonable for your neighborhood. Having the most expensive home on the block is not a good financial move. You need to know that you can get  some or all of that  investment back if you want to sell someday. When you work with me, I can give you great advise on the best bang for your renovation bucks and how to maximize your return on these improvements. Because remember, not all home renovations add value and many do not give you the investment returns you would think. That’s were I come in and give you time tested professional advise on what renovations work and which ones don’t! While remodeling is expensive, moving is expensive too. And, unlike a remodel which is  a definitely  an investment for you, moving has a lot of expenses that are simply expenses. Keep in mind, you may also have to spend money on repairs and renovations to sell your new home.   However, the decision to move or remodel is not just about cost, far from it. It is ultimately an emotional decision. If you love your home, your neighborhood, your yard, the way the sun warms the family room in the afternoon then that™s where you belong. But, if your home just doesn™t make you happy every time you walk in the door, then it™s time to call SoldbyBev.com.

Foreclosures: Good and Bad News

For many of my clients, especially Buyers, there is some confusion about whether the current foreclosure properties coming onto the market are a good thing or a really bad thing? I think it is a little of both.

To understand the good, the bad and the ugly about foreclosures, you need a little history. The past Recession we are presently still working through was in part caused by the collapse of the so-called ‘sub-prime’ market; that is real estate loans made to people would less than perfect credit and were steered into home and mortgage that they could not afford. Too much cheap money available and a misperception that the real estate market would rise forever. Well, it didn’t!

Next, the Recession hits with a vengence and those people with the expensive sub-prime loans start defaulting on their home mortgages. The result- Foreclosures.

Now, as the Recession deepened, people started losing their jobs and their ability to pay their mortgage. More Foreclosures.

Finally, as we start to bottom out in the Recession, people with prime mortages, or good credit, are now losing their jobs and even more foreclosures hit the market.

Called the ‘Shadow Inventory’, foreclosures are a drag on the existing inventory or homes and their prices. In Florida, as many as 1 in 4 homes is either late or past due on their payments or in foreclosure.

Some experts believe that as many as 6 million additional homes in the next three years will go into foreclosure and hit the market.

What does this all mean?

For some hardship and losing their home. For others, continued falling of their home values. But for some, an opportunity!

If you are willing to be patient, maybe make a few repairs and look at alot of homes, you can get a real bargain by purchasing a foreclosed property or even a short sale (where the Bank agrees to sell the Home for less than the balance owed).

But dealing with foreclosed or ‘short-sale’ opportunities requires expert assistance from someone like me, Beverley. So if you think a foreclosure maybe the ticket for you, give me a call and I will show you how I can make the whole process an easy, no worry deal…..because, you know, with Bev, its Sold!  

SoldbyBev.com

Tax Credits

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  Tax Credits for Replacing Heating and Cooling Systems

  Upgrading to an energy-efficient heating and cooling system can save hundreds on your utility bills and earn you a tax credit worth as much as $1,500. Read

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  Tax Credits for Replacing Your Roof

  Replacing your roof with a qualifying energy-efficient metal or asphalt roof can cut your cooling bill and earn you a $1,500 tax credit. Read

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  Tax Credits for Replacing Windows, Doors, and Skylights

  If money seems to be escaping through drafty windows, doors, and skylights, this federal tax credit might make energy-efficient replacements more affordable. Read

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