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Bonnie Fagoh
November 2006
Buyin' or Sellin'....Call Bonnie Helen! (Fagoh)(813) 390-7606
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Seller's Home Appeal for Today's Market After years of hearing from successful sellers that they didn't have to do a thing to sell, they now need to understand how they can stand out from their competition. Here is a handy list to help sellers determine if some features in their home might need some attention. Test all door and cabinet knobs. Replace mismatched or inexpensive hardware for a quick update. Buyers rarely can get beyond a knob that comes off in their hand as they attempt to use a door. Take the time to paint walls, trim and ceilings. Keep adjoining rooms in one
Mortgage Rates U.S. averages as of October 26, 2006:30 yr. fixed: 6.40%15 yr. fixed: 6.10%1 yr. adj: 5.60%30 yr. jumbo: 6.98%-->
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color palette, which will make your home appear larger. Clean up spills from messy painters. Hire professionals to paint mullions on windows and staircase spindles. Slipcover mismatched furniture in a
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Wondering What Your Home Is Worth?Let me show you.
Buying To ExpandCan Be Tricky It may be better to buy the square footage you need in a neighborhood of larger homes rather than buying into a neighborhood of smaller homes with plans to build up or out. At the very least, if you decide to shop for a home you want to expand, also shop for zoning laws that will allow it. The purchase money you save up front on a smaller home may not be worth the headache that could come later from building restrictions and market conditions that leave you with a home that doesn't fit. Shifting cash into major home improvements can have a triple payoff -- the work will likely increase the value of your home, boost your net worth and improve your quality of life, especially if you need room for an expanding family. But if you've got a case of palace envy and plan to tear down walls or pop off the roof to create an expansive estate, make sure you don't move into a community where zoning laws won't let
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Keeping Your Credit Clean Many homebuyers frequently wonder, "If I am shopping for a home loan will my credit be affected each time a credit report inquiry is made?" It's a logical and intelligent question to ask; the answer is: not significantly, if the credit checks are done in a short period of time. When a credit check is made by a potential lender it is called a hard inquiry. When a hard inquiry occurs it does have an impact on your credit score. However, when you're shopping for a mortgage or a car loan, credit bureaus typically cluster the hard inquiries together because the credit reporting bureaus understand that the consumer is shopping for the best loan. "So for example, if you're shopping for a new mortgage and three potential lenders pull your credit score within three weeks, that is looked at as one inquiry for that purpose," says Steven Katz a spokesperson for TransUnion's TrueCredit.com. Keeping your credit clean is critical. Katz offers the following advice to help ensure healthy credit. One card you should not carry: Leave your Social Security card at home. "There is basically no reason that you need to carry that with you," says Katz. Most people have their Social
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Document Value Of Donated Household Goods If you regularly count on Goodwill, the Salvation Army and others to find homes for what won't fit in your attic, garage or spare room -- all while getting a charitable tax deduction -- do your spring purging now. That's especially true if you commonly fudge the value of donated items. In 2007, the Internal Revenue Service will hold you accountable for accurately documenting the value of donated goods under a new tax edict tucked away in the Pension Protection Act of 2006, signed by President Bush this summer. The broader act is aimed at curing the ailing defined-benefit pension system but it includes a host of unrelated provisions, including one that governs required, accurate documentation when you claim tax breaks for gifts, including household goods trucked off to charitable
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Daily News and Advice -->Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.
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Bonnie Fagoh E-mail: bonniefagoh@century21beggins.com Web: http://www.tampacoastalhomes.com Cell: 813-390-7606
Century 21 Beggins Enterprises 813-390-7606 6542 U. S. Hwy. 41 N.Apollo Beach, FL 33572
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