Saturday, August 30, 2014

DON'T LET YOUR GOAL SLIP AWAY!~!

6 Things Homebuyers Should Avoid Once They are Preapproved for a Mortgage

By Barbara Mooers

You have done the hard part in the home-buying process and chosen a lender and a real estate agent to work with. You have also gone out and found the home of your dreams! Best of all, your team has done a great job of negotiating the best deal for you.

Now, as a buyer, all you have to do is sit back and wait for your loan to close … right? Wrong!!
Getting a home loan these days is a very interactive process. I am always amazed by how many clients I work with who come to me unaware of all the pitfalls they face during the loan process. To help avoid any surprises while waiting for final approval, I provide my clients with a short list of "do's and don'ts" to follow.
Let's start with the "do's" ...
1.     Do keep the process moving by responding to your loan officers' requests for documentation as soon as possible.
2.     Do make decisions as soon as is reasonably possible.
3.     Do convey questions or concerns you
4.     Do continue to make all of your rent or mortgage payments on time.
5.     Do stay current on all other existing accounts.
6.     Do continue to work your normal work schedule with no unplanned time off.
7.     Do continue to use your credit as normal.
8.     Do be prepared to explain any large deposits in your bank accounts.
9.     Do enjoy purchasing your home but remain objective throughout the process to help make decisions that are best for you.
After you have been pre-approved for your mortgage you will want to refrain from the following...
1.     Do not make any major purchases (car, boat, jewelry, furniture, appliances, etc.).
2.     Do not apply for any new credit (even if it says you are pre-approved or "xxx days same as cash").
3.     Do not pay off charges or collections (unless directed by your loan officer to do so).
4.     Do not make any changes to your credit profile.
5.     Do not change bank accounts.
6.     Do not make unusual deposits into your bank accounts or move money around from one account to another.
Follow these simple rules and you will help to make your loan closing as smooth and hassle-free as possible!

Good luck! 

Friday, August 29, 2014

HAPPY LABOR DAY!~!~!~!

                    *** Hello Folks, ***
      This is Our weekend … Dedicated to the hard working Americans.
        Our country is thanking the U.S. Work Force and with Honors .
           Enjoy YOUR weekend and our special day!  

    
 
        
      
 
       

Thursday, August 28, 2014

COMING ON THE MARKET SOON!


CJ's NEW LISTING IS COMING!~!DESIRABLE CHINO HILLS

Hi Folks ... Sorry for the lost post yesterday.... I have a new Listing in Chino Hills which is a 4 Bedroom; 3 Bath Home with over 2,100 sf of Living space & 13,500 sf lot in a very Desirable Chino Hills community. Sellers are getting the home ready to show & should be officially on the market within the next two weeks .... Stay Tuned for more details.

Tuesday, August 26, 2014

FRONT DOORS ARE VERY IMPORTANT!



Front Doors are one of the first things that greet a potential Buyer when a Seller has a home on the market. A contrasting color can make your home SNAP and welcome your Visitors. The Buyers will Want to see the interior of your home. These two simple and fairly inexpensive improvements are worth the effort.

Monday, August 25, 2014

Common Mistakes Home Buyers Make 

Buying a new home is an exciting and sometimes demanding process. The heightened emotions and the high stakes make it extra important to find a home that fits your family financially and “feels right.” Knowing some of the most common mistakes home buyers make will put you in a better position to make the best choice. Here are some things to avoid.

--Being too in love with a house.
Yes, you should love a house, but stay realistic. Don't get so smitten that you ignore your budget and overbid or refuse to accept major defects or problems with a house.

--Ignoring your instincts.
If a house doesn't feel right, it probably never will. Instead of wasting time wavering over a not-quite-right house, just move on.

--Failing to research beyond the house itself.
Don't forget to research the neighborhood, the quality of the local schools, and think about how commutes might work. Visit the house and neighborhood at different times of day, noting potential issues such as rundown houses, smells from local factories or businesses, and loud dogs.

--Waiting too long for the perfect deal or being too cautious.
Failure to make a move or procrastinating, especially in a rising market, results in missed opportunities and possibly paying more. Prices rise and fall, but the general trend is upward and waiting for a perfect deal will keep you out of the game.

--Not putting in a strong enough initial offer.
Make a strong initial offer to avoid losing out to other bidders or being rejected immediately by the seller.

--Not researching mortgages.
Know what kind of mortgage you can qualify for and get pre-approved before starting to seriously house hunt. Make sure you understand the various terms available and shop around to get the deal that's best for you.

--Not knowing your FICO score.
If it's low, make a concerted effort to raise it before seeking financing. A lower score can cost thousands of dollars in upfront fees and/or higher interest rates.

--Stretching the budget at the last minute
Some buyers get attached to a house and change their budget to make the deal happen. Decide on a budget beforehand and stick to it. If a major, unexpected problem shows up, it may be best to walk away.

--Choosing the cheapest home inspector.
The small initial money savings can result in missed problems and costly surprise repairs.

--Failing to add a contingency clause to contracts or accepting one that's too limited.
Make sure there is language in the contract so can get your deposit or “earnest money” back in case of deal breaker-type problems, like major repairs being needed, financing falling through, or your current home not selling in a timely manner.

--Not budgeting for initial costs
Not matter how “turnkey” as house looks, there are going to be additional expenses for things like furnishings, window treatments, and utility deposits. Factor in moving expenses too. Don't forget to add in other service fees for notaries, escrow, and loan applications. Many homes will also need extra insurance, such as earthquake or flood coverage.

--Not budgeting for predictable (and unpredictable) costs of homeownership.
First time home buyers often forget to factor in estimates of future major repairs and routine maintenance costs. There also may be higher utility bills, and monthly costs for things like lawn services or homeowner association dues.

--Failing to plan for the future.
Think about where you plan to be in a decade. Will you need more space for children, pets, or elderly relatives? Will the loan still be affordable for you in 10 years?

--Trying to save money by not hiring professionals.
Hiring experts during the process can save money by helping uncover or avoid problems. A buyer's agent, for example, can help you navigate the process with their expertise about neighborhoods, pricing, contracts and listings. An agent's connections can also help you in finding the best lenders and inspectors and other professionals, like contractors.  

Jill Hamilton 

Sunday, August 24, 2014

Plants are one of my passions :)



Hi Folks ... Well been working on reports all day today. I had to take a break and wanted to share my Plumerias that are blooming & blooming & blooming.  Last year they took the year off & I did not have one flower. This year I have 3 different ones that have been making up for the prior lack of production.

Saturday, August 23, 2014

Curb Appeal Matters ~ (Even When You're Not Selling)


Curb Appeal Matters ~ (Even When You're Not Selling) 

First impressions aren’t just important in the business world; they’re also crucial in the real estate world. Consequently, curb appeal is a detail that shouldn’t fall to the wayside, whether you’re currently selling your home or not. While it goes without saying that attention to curb appeal can make all the difference in getting a prospective buyer to part with thousands of dollars more when a sale occurs, there are plenty of reasons to boost your home’s curb appeal now (even if a “For Sale” sign isn’t posted on your front lawn).

If you really pay attention to the way your home looks from the street, your mind won’t necessarily be drawn immediately to home sales. After all, pride in your home’s appearance maintains the value of your investment and curb appeal also attracts good neighbors. If another home is for sale on your street, strong curb appeal keeps a neighborhood’s values intact. New neighbors also will be committed to home upkeep if other homes set a positive example.

Here are a few tips to improve your home’s curb appeal:

Clean up
If you have kids, a messy array of toys sprawled across your front lawn isn’t the most appealing look. Keep your front lawn as tidy as possible and your garage clean enough so that you can park your vehicle inside, as both actions add to your home’s curb appeal. And if you have any lingering weeds or dead plants, then it doesn’t take much time to remove them.

Personalization
No one wants to buy a home that looks like all other homes and therefore you probably don’t want to live in a home that doesn’t reflect your tastes and uniqueness. Curb appeal also can be a means of self-expression, such as whether you love brilliant colors or prefer a more subdued palate. A strong landscape design can really make your home stand out from the crowd.

Doors and Windows
If your doors and windows are showing significant wear-and-tear, then you may want to consider upgrading or cleaning them because they are some of the first items that people notice. Chipped paint on the front door or dirty windows detract from your home’s look and can be easily fixed with a fresh coat of paint or window washing.

Porch
People may be more likely to camp out in front of a television rather than on a front porch, but a porch significantly adds not only to the selling value of a home but its curb appeal as well. If your home has a porch, ensure that it is free of dirt and that there is inviting outdoor furniture—all of which makes for a home that looks welcoming.

Outdoor Lighting
From a visual standpoint, portable outdoor lamps, solar garden lights, or other means of outdoor lighting can really bring out your home’s exterior features and keep your home looking sharp during the evening hours.

It’s clear that whatever you do, curb appeal is an important part of your home and it comes down to planning and execution.

Author:  Jeannette Brown 

Friday, August 22, 2014

Do you like what you see?? Want to take a closer look? Give me a call at 909.910.2481

DESIRABLE CHINO HILLS SINGLE STORY HOME


You found it! SINGLE STORY, CHINO HILLS POOL HOME!!! 3 Bedroom 2 Bath home in great condition with a very open & warm floor plan. This is truly an entertainers delight with gourmet kitchen, breakfast counter, and family room that leads out to covered patio, pool and Spa. RV parking! Nicely decorated with neutral colors. This home has lots of extras that ad value for you as a home owner. Kitchen has newer cabinets, large pantry, and garden window. Tiled flooring and carpet is almost new. Roof is only 2 years new. Newer upgraded dual pane windows. Nice brick fireplace. All situated on a nice size corner lot (9,120 sf), an extra large driveway and RV Parking. Great curb appeal! This home shows Pride of Ownership. It will not last!! 

Wednesday, August 20, 2014

New Trends for Pool Lovers. Thinking of adding one to your house?



The Latest Trends in Pools

This is the time of year when people who don't have pools suddenly realize the advantages of having one. Whether you are considering putting one in in time for next summer, or just want to fantasize about your dream pool during these last long days of summer, here's a look at some of the top trends in pools.

Tanning ledges

The tanning ledge (known by many names, including Baja shelf, sun shelf, and wet deck) is a large shallow shelf about 6-18 inches deep. Tanning ledges were originally designed for younger kids to splash around in, but found another big fan base among adults who discovered they also make great lounging spots. Today's tanning ledges can come equipped with bubblers, fountains, built-in umbrella holders and specially-made wet deck chaise lounges.

Beach entry

A beach entry is a slope from the edge of the pool that gradually gets deeper, mimicking the gentle slope of a sandy beach. It's good for small children and toddlers who aren't yet strong swimmers because it gives them a place for supervised play without the sudden drop-off of a tanning ledge. Beach entries also offer easy access for people with physical limitations and can accommodate wheelchair users.

Fire features

As pools become just one part of an integrated outdoor environment, homeowners are incorporating fire features into the pool design. Waterfalls topped with fiery torches, fire bowls surrounded by moats and other mash-ups of the primal elements of fire and water create a dramatic look. Built-in fire pits and fireplaces echoing the pool design make the outside space more functional and feel more cohesive.

Lighting design

No longer is it just enough to have the one old-school light in the deep end, today's newest pools use LED lighting effects to create "aquatic atmospheres." Colored LED lights can turn the pool a vivid fuchsia for a teen sleepover, a cool blue for evening cocktails or a blood red for Halloween. Computerized light settings can take the pool through an array of looks throughout the night or turn water jets into a colorful water show. Other lighting ideas include: up-lighting around the pool to emphasize plants or interesting architectural features, lining the edge of the pool with fiber optic lighting to highlight the pool's shape and lining paths with subtle lights for safety and a resort-like feel. The newest lighting is energy-efficient and can be controlled remotely via mobile device.

Negative edge pools.

Negative edge pools (aka wet edge, knife edge, or perimeter overflow pools) are an offshoot of infinity pools but carry the "infinity" look around the perimeter of the pool. In negative edge pools, the waterline is even with the surface around the pool, creating a sleek and modern look.

Water features

Water features can add fun, drama or a more natural look to a pool. Homeowners who want a pool that blends in with the landscape choose pools designed to look like ponds or can add a series of small creek-like pools, spilling over into the main pool. For a dramatic look, there are waterfalls, bubblers, water jets, fountains and rain curtains. Small built-in water slides can turn a pool into a mini-water park for kids.

Fitness pools

Home owners are also installing pools specifically designed for exercising. Lap pools, the long narrow pools the width of a lap lane, are not only good for convenient workouts, but work well in a small space and give a yard the refreshing cerulean glow of a pool. Exercise pools—small pools with a built-in resistance jet at one end of the pool that allow swimmers to swim against a current—are also a good bet for fitness fans with a small space.

Natural pools and salt water pools

Natural pools are a good choice for eco-friendly outdoor living. They are generally designed to fit in visually with the natural environment, are heated by the sun and use a natural filtering system to clean the water. The filtering is done with a connected regeneration pond filled with special vegetation that acts as a biological filter, eliminating the need for added chemicals. Salt water pools use salt to purify the water instead of chlorine. Salt water pools need less maintenance than chlorine pools and are gentler on skin, eyes, and hair.

Smart systems and energy-efficient equipment

Homeowners can choose from a host of new apps to control their pools remotely. Everything from lighting design to security cameras, pool and spa temperatures, and cleaning tools can be set, adjusted, and monitored with a mobile device. Homeowners also have more choices in energy-efficient equipment, including more efficient variable speed pumps, solar heating systems, pool covers and cleaning equipment.  
Jill Hamilton
 

Tuesday, August 19, 2014

.Are There Dangers In Your Home??? Helpful Hints!





Finding and Fixing Hidden Dangers in Your Home

News reports feed us a steady stream of stories on scary, invisible hazards lurking in our homes, presumably ready strike us down at any second, but how much of it is really cause for alarm? Which hidden dangers are serious and which aren't? And what should you do to protect yourself and your family?

Here's a look at some of the most well-known hazards and what you should do (or not do) about them:

Lead paint

Lead paint, when ingested, can cause lead poisoning, a condition which can severely affect mental and physical development. High doses can be fatal. Children under 6 are especially vulnerable. The danger is that tiny bits of chipping or peeling paint – or even paint dust – can get onto a child's hand, and eventually their mouth. Lead paint was banned in 1978, but in older houses, it may still be lurking. And the older your home is, the higher the chance it has lead paint in it.

The paint doesn't pose much of a danger if it's in good condition and undisturbed. The danger is with paint that's chipping, cracked, damp or peeling, or paint that's in high-use spots like window sills, doors or stairs and railings. There can also be lead paint on old furniture or toys.

If you suspect you have lead paint in your house, hire a professional to come to the house to assess the hazard level. If a danger is found or if you plan on remodeling, you will need to hire someone to remove the paint. Check the Environment Protection Agency's (EPA) website (http://www.epa.gov) to find an accredited professional.

If you have lead paint that's intact and not an immediate danger, you can reduce your risk by keeping paint well-maintained and undisturbed. Keep dust at bay wiping window sills and other surfaces with a damp paper towel, then throwing the towel away. Wash floors with soft, disposable clothes. Avoid using abrasives or chemicals on painted surfaces. Check surfaces regularly for signs of deterioration.

Asbestos

Asbestos can be found in a variety of places including floor tiles, pipe insulation, insulation (especially in houses built between 1930 and 1950), shingles, textured paint (like “cottage cheese” ceilings), and siding. In the 1970s, its use was curtailed when it was discovered that long-term exposure to asbestos can cause lung problems, including cancer.

Even if you have asbestos in your house, don't worry--the mere presence of asbestos is not hazardous according to the United States Consumer Product Safety Commission. If the asbestos-containing material is in good shape, experts recommend that you should just leave it alone. The danger comes when the asbestos is disturbed and fibers are released into the air.

The best way to deal with asbestos-containing materials is to inspect them regularly. Don't touch or disturb, but look for breaks, cracks and other signs of wear and deterioration. Make sure nothing is rubbing against the material. Don't scrub, vacuum, or cut into anything containing asbestos. Don't pry up floor tiles yourself and don't sand or strip flooring unless you know that the material is asbestos-free.

If you are worried, have an asbestos professional assess your risk and make recommendations. If you have a hazard or plan on doing a remodel that may disturb existing asbestos, you will need to hire qualified experts to remove and dispose of the asbestos safely. An asbestos professional may also recommend that instead of removing it, you cover and seal it to prevent fibers from being released into the air. Asbestos workers do not need to be licensed, so to find an accredited professional, check with state and local agencies. (Check EPA's website for a list of contacts for your state.)

Radon

Radon is a naturally occurring radioactive gas that can't be seen or smelled. Radon is formed by a breakdown of uranium in the soil and gets into houses via cracks in foundations, gaps around pipes and open spaces inside walls. Radon exposure is the second-largest cause of lung cancer and, alarmingly, one out of 15 homes is estimated to have elevated exposure, according to the Environmental Protection Agency.

To check your home, get a “short-term” test kit, available online or at hardware or home improvement stores (tests cost about $20). If you get a reading of 4 picocuries per liter of air, or "pCi/L,” follow up with a long-term test kit or another short-term kit to confirm the result.

If the level remains above 4 pCi/L, you should take steps to lower the radon level. The method that will work best for your home depends on several factors, including what type of house and foundation you have. The most common methods are venting and fan systems, crawl space ventilation and sub-slab suction which draws out radon and vents it away from the house. Sealing foundation cracks, covering exposed ground and opening windows offer another level of protection.

After making adjustments, re-check radon levels to make sure the new system(s) are working, and re-check annually.

Carbon Monoxide

Carbon Monoxide is an odorless, colorless and deadly gas. In concentrated doses, it can kill in minutes. The most common ways carbon monoxide can get into your home include: blocked chimneys, gas engines on cars, lawnmowers or generators operating without ventilation, and malfunctioning heaters or ovens.

To prevent carbon monoxide poisoning, try these steps:
--Install a carbon monoxide detector in the hallway near every sleeping area. A battery-operated model will keep working during a power outage. The detector should be installed close to the ground.
--Don't use outdoor grills inside or try to heat the house with an appliance like an oven.
--Don't use gas-powered devices or tools inside.
--Don't leave cars running in the garage, even with the door open.
--Have a professional check your heating system and fireplace annually and make any needed repairs. Open the chimney flue before lighting a fire.
--Keep gas appliances and wood stoves in good working order and properly vented.

If you suspect a carbon monoxide leaks or someone is exhibiting signs of carbon monoxide poisoning (symptom include headache, dizziness, nausea, confusion, and coordination problems.), call 911.

Monday, August 18, 2014

The American Dream IS Still Alive ~ Do you want to find out how to get ready or if you are already there? Folks it's a simple call at 909.910.2481




Hi Folks ... Walk down Memory Lane tonight .... This is Jake .... Liver & white Dalmatian that we rescued and was a joy in our home for years ... Boy he could run!!!  And a Super great dog! :)

Oh My ... Interested ??? call 909.910.2481 for more information !



WONDERFUL CHINO HILLS HOME
3373 Marble Ridge,Chino Hills Ca 91709
 LISTED AT $654,900.00 
TH IS A  4 Bd./3 BATH HOME WITH 2,237 sf. AND A LOT OF 5,400 sf.;***  DESIRABLE 1 BEDROOM AND BATH DOWNSTAIRS. KITCHEN BOASTS UPGRADED MAN MADE CESAR COUNTERTOPS AND NEW CABINETS WITH SOFT CLOSERS. NEW INTERIOR PAINT. NEW LAMINATE WOOD FLOORING DOWNSTAIRS. PERGO AND CARPETING UPSTAIRS. NEIGHBORHOOD HAS IT'S OWN PARK BUT NO ASSOCIATION. NICE BRICK LINED FRONT WALKWAY. INDOOR LAUNDRY. FIREPLACE IN FAMILY ROOM. TILE ENTRY. WOOD SHUTTERS ON ALL WINDOWS EXCEPT KITCHEN NOOK AREA. ALL LIGHT SWITCHES HAVE DIMMERS. ORANGE AND POMEGRANATE TREES IN BACK.

Sunday, August 17, 2014

THIS IS MAX !! :)


This is Max ... My son & daughter-in-law's cat. He did not like the squeaky pig toy I sent home ... as you can tell by his reaction.

Saturday, August 16, 2014

Great Home For First Time Buyers!!


Desirable Creekside Community Home
2743 Moose Creek Dr. Ontario Ca. 
Listed at only $325,000 

This is a 3 Bedroom / 2 Bath home with 970 sf of living space & a lot of 4,950 sf., includes Laminate Flooring; New air filtration system with new ducting and insulation,2 Sliders that takes you to 2 patios which is great for entertaining. ...Close to the Associations Amenities.

Thursday, August 14, 2014

Does this sound like a fit? Want to see it for yourself? = 909.910.2481


Chateau Condo 
117 E Rosewood Ontario, Ca 91761
LISTED AT $259,900.00 
This is a Tri-Levels Condo w/ 2 Master Bd. on the 3rd Floor & 2 Full Baths along with 2 half Baths; 1,798 sf of Living Space ...  WOW!  A Fireplace in Living Rm. with a Custom built Mantle. Remote Control Blinds in Living Rm. Tile on the 1st level, Hardwood Floors on 2nd level, & Carpet on the 3rd. Home with many upgrades like Central Vacuum, Duel Pane Windows, Custom Garage Cabinets, just to name a few. Located in the Historic District !~!~! 
    ENTERTAINERS DELIGHT!
17626 Wildflower, Chino Hills,Ca 91709
LISTED AT $539,888.00   
MARBLE ENTRY ACCENTS PRIDE OF OWNERSHIP! SEPARATE LAUNDRY ROOM, BLT-IN OAK ENTERTAINMENT CENTER IN FAMILY RM, 4TH BEDROOM CONVERTED TO OFFICE WITH CUSTOM CHERRYWOOD BUILT-IN"s. LARGE VIEWING BALCONY OFF MASTER BEDROOM … SO MUCH MORE!!  

**When is it the right time to make the Jump? Buyers-Sellers or Re-Financing**

RIGHT TIME??? WHEN???

Is it the right time to buy a house? Is it the right time to sell? How do you know when to jump into the real estate market? The answer is....it depends. There's no single answer that applies to everyone. A host of factors come into play, including the economy in general, whether home prices are rising or falling, the inventory of available homes, and the state of your own financial outlook. If you're thinking about buying or selling a home, here are some factors to consider.

For buyers:

Improving Economy, Rising Prices, and Eager Buyers:

The rebound in the economy means more competition for homes because people who have been renting or staying put in their homes are now jumping into the housing market. This translates into quick turnover on home sales, multiple bids, and sometimes, buyers bidding over the asking price. The boost in housing prices is also fueling competition from buyers who want to get into the market before prices get too high. Even though prices are rising, many still consider some homes underpriced since prices had dipped so low. And buyers are looking to make a move while houses are still relatively a good deal.


FHA Fee Changes:

Loans through the Federal Housing Administration (FHA) were historically the best bet for people with low to moderate incomes and not much money to put toward a down payment. Generally, private lenders require a 5% down payment, while FHA only requires 3.5%. However, with several changes to loan terms, FHA may no longer be the smartest option.


FHA loans require mortgage insurance, a fee tacked onto the loan that provides the lender some protection in case the borrower defaults on the loan. In the past, the borrower only needed to carry the insurance until the loan reached 78% of the original loan amount. Under the new rules, the borrower is required to carry the insurance for the life of the loan.


The cost of mortgage insurance on FHA loans has also been on the rise, almost tripling since 2008. In 2013, the fee rose to 1.35% of the balance of the loan. Additionally, FHA loans require borrowers to pay an upfront fee of 1.75% when getting the loan. Between the upfront fee and the required mortgage insurance, saving up more for a down payment and getting a private mortgage may make more financial sense.


Beyond FHA:

Buyers with a low down payment have other options to consider. Fannie Mae HomePath loans, available only on Fannie Mae-owned properties, offer low down payments and no mortgage insurance requirement. Periodically, Fannie Mae also offers special deals in which they cover the buyer's closing costs. There also loans available to people in various special circumstances. Veterans, for example, can get VA Mortgages, which offer good terms, low down payments, and easier qualification requirements. The USDA offers attractive mortgage terms to moderate-income families buying property in rural or semi-rural areas.


Check Other Affordability Programs:

The Good Neighbor Next Door program offers discounts of homes in “revitalization” areas of up to 50% for qualified fire fighters, law enforcement officers, EMTs, and teachers. Check with state and local housing agencies to see what programs are available in your area. Check www.usa.gov for links and other home buying help and information.


Mind Your Debt:

Having a large amount of debt in relation to your income will lower your chances of getting a loan with favorable terms, or even getting a loan at all. Private lenders generally have more stringent rules for debt-to-income ratio (DTI). There are two kinds of DTI--how much personal debt you can carry in relation to your income (e.g. car loans, student loans, child care expenses) and income versus the amount you will be spending on housing debt (e.g. mortgage payments, property taxes, insurance and so forth.) Lenders take both into consideration. Would-be borrowers who want private financing generally need to have less than 45% of their income going towards personal debts, while FHA will finance borrowers who have up to about 56% of their income allocated for debt payment. Borrowers can qualify for an FHA loan with up to 47% of their income slated for housing costs, while conventional lenders generally allow only up to 38-40%.


For Sellers:

Rising Home Prices:

House prices are rebounding from the downturn, and 2014 is shaping up to be a seller’s market. Rising home prices are a boon to sellers who can expect faster sales, multiple full-price offers and even offers above their asking price.


Starter Homes in Demand:

If you have a starter home and are looking to upsize, the market is especially in your favor. Starter homes are in short supply because during the economic downturn, people were buying and selling less frequently. Now that the economy is improving, there's a lot of pent-up demand, especially for people looking for inexpensive housing or a starter home.


Fewer Underwater Mortgages, More Equity:

The nationwide trend of rising home prices means other good news for sellers. The boost in prices is finally lifting many homeowners from their underwater mortgages and giving others more equity in their homes. More equity means more owners will have the money for a down payment and closing costs if they'd like to move up to something pricier.


Time to Refinance?:

Rising prices will also raise the appraised value of many homes, meaning it may be a good time for homeowners to refinance. Higher appraisals may help you get more favorable terms on a first mortgage or refinance the rolling of a second mortgage into one stable, fixed-rate mortgage.

 Jill Hamilton

Tuesday, August 5, 2014

10 Tips for Saving Water in the Garden


10 Tips for Saving Water in the Garden



Saving water in your garden and yard trims your water bill and saves an increasingly scarce natural resource.
A water-efficient landscape can:


  • Reduce outdoor water use by 20% to 50%
  • Save up to 10,000 gallons a year
  • Shave $30 to $70 off the average annual household water bill.


Planting drought-tolerant landscaping is one way to turn off the spigot in your garden. Here’s how to practice garden water conservation and still have a gorgeous yard.

1. Choose native plants.

Native plants have had eons to adjust to the area’s normal rainfall, soil, and climate. Once established, they require little or no watering. Start your research on native plants at your local cooperative extension or botanical garden.
Websites such as eNature.com or H2ouse.org can help you find the best species for your location. You could also use a handy database of nurseries nationwide that specialize in native plants.

2. Don’t supersize plants.

The bigger the plant, the more water it might require. So don’t plant shrubs genetically programmed to grow bigger than you need.


Before you buy, research at the library or online how tall and wide mature shrubs will grow. A Leyland Cypress, for instance, could grow to 20 feet in a few years, overkill if you only need a 5-foot hedge.


Also, don’t overcrowd plants: Follow label planting instructions. Fewer plants require less water. And flora that looks sparse at first will fill the area in a few seasons.

3. Pile on the mulch.

Mulching around plants is a great way to reduce water loss. Mulch also cuts down on water-stealing weeds.


Natural mulches include compost, bark chips, and pine needles. Save money by spreading your grass clippings and ground-up leaves on flower and vegetable gardens. These organic mulches gradually break down and add nutrients to the soil.


Inorganic material, such as landscaping paper, rocks, and pebbles, are a more permanent option, although they can heat up too much in some climates.

4. Make paths porous.

Garden paths made of porous material allow rainwater to seep into the ground and nourish plant roots, not run off into the street.


Use gravel, pebbles, non-mortared concrete pavers, or spaced bricks. Beware, however, that weeds will grow between paving materials. To keep down weeds, line the walk with landscaping paper (or even newspaper) before you pile on the porous material.

5. Lose the lawn.

A green lawn is a suburban ideal that drinks more than 20,000 gallons of water each year.


You can keep those cool blades under your feet and save water by planting drought-resistant varieties. Bermuda and buffalo grass, for instance, require 20% less water than fescue or bluegrass, according to the University of California Cooperative Extension.
Keep grass long to shade roots and retard evaporation. Mow less often; and when you do, raise the height of your mower blade to 3 inches.

6. Put thirsty plants together.

To save water, group plants into watering zones.


  • Place the thirstiest plants near the house where they can drink roof runoff.
  • Farther out, make a transition zone for plants that need supplemental drip irrigation.
  • Farther still is a natural zone for native plants that can survive on rainfall alone.


7. Plant and water when it's cool.

New plants and transplants need far less water if you put them in the ground in early fall or early spring when it’s cooler. By summer, they’ll have established a deep, healthy root system that needs less watering.


Water in the cool of the morning, when you’ll lose less water to evaporation than in the heat of the day. Resist watering at dusk; wet foliage during the night encourages fungus and mildew growth.

8. Build a berm.

Trees and shrubs need extra water during their first couple of years to help roots take hold. An efficient way to keep roots moist is to mound several inches of soil into a donut-shaped berm. Make the berm the width of the tree — including branches.
Use a hose or bucket to fill the donut dam to the top. Water will absorb slowly instead of running off.


Another option: Attach a $25 to $30 drip irrigator bag to the tree. It looks like a plastic flotation tube and releases water slowly over several hours.

9. Follow the sun.

Before you plant, get to know how — and how long — the sun bathes your garden. Determine patterns of shade and sun.


Use dry-soil plants in sunny areas, and use plants that require more water in shady areas where evaporation is slower.

10. Create the illusion of water.

A good way to conserve water in the garden is to capture rain water from your roof in a rain barrel. During a moderate rainfall, a 25-by-40-foot roof can shed 600 gallons per hour.


All you’ll need is a capture system (roof gutters and downspouts), a storage system (large-capacity barrels) and delivery system (garden hose).


Also, use rainwater to fill water features, which calm your nerves and attract birds and butterflies. Use a recirculating pump to keep the water flowing; replace evaporation with your rain barrel supply.

Laura Fisher Kaiser