HOW LONG WILL IT LAST!! - In your Home

Schedule of Normal Life
"The Old House Web'

Where did my value you......

Appliances

Life Estimate in Years
Dishwashers
5 to 12 years
Disposals
5 to 12 years
Washers and dryers
8 to 12 Years
Water heaters
8 to 12 Years
Refrigerators
15 to 20 Years
Stoves
15 to 20 Years

Gutters and Downspouts
Copper
Life Estimate in Years
Galvanized
15 to 20 Years

Life of home if well-maintained
Heating and Air Conditioning
Life Estimate in Years

Warm air furnace
8 to 12 years
Heat pumps
8 to 12 years
Air conditioning compressors
8 to 15 years
Gas chillers
8 to 15 years
Hot water boilers
30 to 50 years

Plumbing

Life Estimate in Years
Gas hot water heater
8 to 12 years
Electric hot water heater
10-15 years
Private disposal systems (septic)
15 to 25 years
Galvanized water pipes
30 to 50 years

Roofs

Life Estimate in Years
Selvage or asphalt roll
12 to 20 years
Wood shake and shingle
15 to 20 years
Asphalt
15 to 20 years
Fiberglass
15 to 20 years
Asbestos shingle
30-50 years
Slate
40-75 years

The 8 Healthiest Housing Markets | Realtor Magazine - Salt Lake Made the list

Many of the housing markets projected to have the biggest gains into 2012 tend to be the home to major universities, strong private sector employment, or have nearby military bases, according to a list of the healthiest housing markets by Builder Magazine. Builder teamed with Hanley Wood Market Intelligence to compile its annual list of the healthiest housing markets in the country, factoring in housing projections from Moody’s Economy.com. The list was based on projected price appreciation, population growth, income growth, and improving employment picture. 

The following are the eight cities that topped Builder’s list, including projected housing permits in 2011 and 2012. 

1. Minneapolis-St. Paul-Bloomington Minn.-Wis.

2011 Building Permit Forecast: 4,511

2012 Building Permit Forecast: 10,118

Home prices here are expected to rise 8 percent next year, the highest growth projected in the 100 cities analyzed. As a hub for medical technology and headquarters for several large companies, employment is expected to grow 2.5 percent in 2012. 

2. Fort Collins-Loveland, Colo.

2011 Building Permit Forecast: 1,004

2012 Building Permit Forecast: 1,650

With Colorado State University the major employer here and often ranked as one of the best cities to live in the country, households are expected to grow by 2.7 percent in 2012 and employment is expected to grow 2.6 percent. Housing permits are expected to rise 50 percent as well, according to Moody projections. 

3. Salt Lake City, Utah

2011 Building Permit Forecast: 1,294

2012 Building Permit Forecast: 1,181

With lots of high-tech businesses, Salt Lake City is poised to have some grains in employment and income in the coming year. After a drop in home prices, prices are expected to rebound and increase 4.7 percent next year. 

4. Jacksonville, Fla. 

2011 Building Permit Forecast: 2,284

2012 Building Permit Forecast: 4,363

Jacksonville has a strengthening employment picture, with a military presence and a growing financial services sector. Employment is expected to increase 3.2 percent in 2012. With stabilizing home prices already, prices are expected to rise 5 percent next year and housing permits are expected to double. 

5. Miami-Fort Lauderdale-Pompano Beach, Fla. 

2011 Building Permit Forecast: 2,708

2012 Building Permit Forecast: 7,522

This metro area is expected to reverse course with jobs forecasted to grow by 2.7 percent, home prices stabilizing, and housing permits expected to double. The rebound is expected to be mostly driven by two major projects, the CitiCentre and Resorts World Miami, are expected to add tens of thousands of jobs in coming years.

6. Charlottesville, Va. 

2011 Building Permit Forecast: 634

2012 Building Permit Forecast: 798

The city is home to the University of Virginia and also continues to attract a surge in second-home buyers from the Washington, D.C., area. Home prices are expected to rise 1 percent in 2012 and median income is forecasted to grow by 3.7 percent.

7. Colorado Springs, Colo. 

2011 Building Permit Forecast: 2,099

2012 Building Permit Forecast: 3,639

The biggest employers in Colorado Springs are military bases and the Air Force Academy, which are expected to see big growth when the troops from Afghanistan return. Home prices are expected to rise 2.6 percent, employment to grow by 1.4 percent, and households to increase by 1.8 percent in 2012. 

8. Oklahoma City, Okla. 

2011 Building Permit Forecast: 3,417

2012 Building Permit Forecast: 5,284

At 6.1 percent, Oklahoma City has one of the lowest unemployment rates in the country. Furthermore, the job market is expected to continue to rise there, and incomes are projected to increase 3 percent next year. While the area has a seen a drop in home prices recently, housing prices are projected to rebound and increase 2.6 percent as Oklahoma City’s low cost of living continues to attract businesses and new households. 

See which other cities made Builder’s top 20 list. 

Source: “Healthiest Housing Markets: Mid-2011 Update,” Builder Magazine (2011)

Read More

10 Cities Where Home Prices Are Rising the Most

10 Cities Where Home Prices Have Fallen the Most

via realtormag.realtor.org

DO YOU SEE THE PROBLEM....Notice before you buy your new home!!

Have you ever notice the little things when purchasing a home. It the little things that get you... the paper work...did you notice the toilet paper holder in the photos above

A home is a place of residence or refuge and comfort. It is usually a place where an individual or usually a family can rest and relax, communicate, share, feast and be able to collect and store their personal properties. Therefore it is important that when you consider a place to call your home, it must be a safe and pleasant place to be in.

ONLY IN THE MOVIES....is about all I can say when I saw this homes fanastic bathroom....and no there is not a mirror and yes that is 2 I say 2 toilets seating side by side of the tub ..Notice the differences....now that is privacy at its finest!!!

Buying a house is more often than not, the single largest investment most people ever make; yet all too often it's a decision made in rush without adequate thought and preparation. In this article we will explore some of the house-buying mistakes to watch out for in your property hunt.

Love at First Site: Buying a home should be a business decision, but sometime your emotions get in the way. Make a list just like shopping for Groesry make sure you have all the things your famiy needs such as schools, parks and most of all how you taught about sex offenders and crime in the neighborhood.

Pre-qualified and Pre-approved Financing Being pre-qualified gives you a general idea of how much you can afford to borrow and keeps you from finding the prefect home out of your price ranges. Also it always you to present a stronger offer to the seller

Over-Buying You may qualify to borrow more, but you have to ask yourself again whether you can afford it or not and still enjoy life. My son came to me and told me he could qualify for 200,000 I told him I would help him with 125,000. He found that hard to believe until I should him the payments between the two.. He purchased a home for 125,000

Resale You should avoid buying a home that costs much more than neighboring homes and think before buying the most expensive house in the area. As a first time home buyer this will not be your last home look at your purchase as any other buyer would...What bothers you will bother other buyers. Buy your home thinking that someday you may need to sale it. 

House Inspection It is well worth your money engaging a House Inspector to check out the house to make sure you are not purchasing a money pit. It will also help you understand the workings of the home when your inspector explain the home good or bad. 

Buyer’s Remorse No place is perfect. There will always be surprises. Don’t let a few initial blips spoil the whole ride. And don’t miss a great house waiting for the perfect one! Failing to jump on an opportunity with interest rate being at a 50 year low what are you waiting for. To much shopping around can backfire. When you have done your homework and when you see something  that matches your needs and like, GO FOR IT!!! 

Now is a great time for buying

The foreclosure next door: saving your neighborhood | Deseret News

It is easy to spot.

The grass is crispy brown. Backyard weeds peek over the top of a 6-foot-tall fence. The trees are dead and swarming with insects. Fading notices are duct taped to the broken garage door and to the front door. Old newspapers and a sack of phonebooks sit on the sagging porch. It is the foreclosure next door — a symbol of pain and sadness and a harbinger of property values dropping.

See all 10 photos | Click to enlarge

Laura Seitz, Deseret News

Gaynell Instefjord is a real estate agent working in foreclosures. Instefjord shows how the kitchen cupboards were stripped from a foreclosed home by the previous owner of a home in Midvale.

Story graphics

Graphic

Graphic

Gaynell Instefjord has seen it all. For more than a dozen years the associate broker at Coldwell Banker Residential Brokerage in Sandy, Utah has worked selling foreclosed houses for several bank clients. In the best of circumstances, she says, it is a long process.

But it isn’t the best of circumstances right now. In Utah, where Instefjord works, foreclosures totaled 6,567 during the third quarter, ranking the state in 6th place for the most filings. Foreclosures fell 39 percent from the previous year. Nationwide, foreclosure filings fell 38 percent to 214,855 in September.

This means that few people don't have a foreclosed or abandoned home in their neighborhood. There are things that neighbors can do, however, to preserve property values and maybe even get the home sold.

The Process

The process to foreclose takes time. The bank has to wait for three consecutive missed payments before it can issue a notice of default. Then another three months go by to give the homeowner a chance to fix the problem. The bank then files a notice of trustee sale. About 30 days later the trustee sale occurs and the foreclosure is complete. In all, it's a seven-month process. "That's the quickest it can happen," Instefjord says. "The process is dictated by the trust deed and note the borrower signed when purchasing the property."

But it doesn't have to go that fast.

Some banks, particularly with the high number of defaults these days, may wait for more than 12 months of missed payments before starting the process.

This means the bank is not the owner of the abandoned home until it is foreclosed. It can't keep weeds down and secure the property against vandalism. It can't board up broken windows and tarp a leaky roof to protect the house against further damage.

"Neighbors get upset that the house sits and looks bad and they wonder why somebody doesn't do anything about it," Instefjord says. "The reality is as long as the consumer owns the property, the bank can't do anything to it at all."

Behind Foreclosed Doors

Kitchen cabinets are torn down. Sinks and bathtubs are taken out. The baseboards are ripped out. Heating elements are removed from water heaters. Bleach is poured on carpets. Some people are not happy about losing their home.

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via deseretnews.com

Homebuyers: Are you utilizing social media? | HSH Financial News Blog

October 28th, 2011

Homebuyers: Are you utilizing social media?

by Tim Manni

 

The number of adult Americans using social media is staggering. The growing number of homebuyers utilizing social media to inform their homebuying decisions is equally impressive.

The National Association of Realtors reports that a real estate agent is still the number one source of information to homebuyers. That said, social media is a great tool to help you select an agent and find a community.

 

In her latest article, “Savvy ways social media can help you find a home,” HSH.com contributing writer Michele Lerner explains to readers how they can utilize social media not only to find and learn more about real estate agents, but how it can help them research the communities in which they are looking for homes.

Finding a Realtor

Social media provides a level of transparency to homebuyers. It allows them to get a sense of a Realtor’s personality and level of service to see if they’re a good fit.

“A big benefit of social media is transparency,” says James Nellis, a Realtor with The Nellis Group at Re/Max Allegiance in Alexandria, Va. “People know what they are getting into before they get there. We’ve become something of a voyeuristic society and social media helps us get to see someone’s personality before we meet. But I think it is just as important to find and read consumer reviews.”

Finding the right community

Once homebuyers feel comfortable with the Realtor they hire, the next big decision is where they are going to buy. Choosing the right community is equally as important as choosing the right home.

“Your experience in a community is the most important part of buying a home, even more important than the home itself,” says Susan Hilton, a Realtor and vice president of sales at the Century 21 office in College Station.

One of the best ways to learn about a community is to stop residents on the street and ask questions about what they like or dislike about the neighborhood, writes Lerner. But if you’re shy–or if you live miles away from a neighborhood you’re considering–social media gives you another way to find out the answers you’re looking for.

“You can get a fresh perspective on a neighborhood without physically talking to the residents by searching for Facebook groups associated with a particular community,” Nellis says.

To learn more about how social media can help you find the right home, be sure to read Savvy ways social media can help you find a home” in its entirety.

• « Banks, lenders coming after borrowers years after foreclosures

 

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Tags: Homebuyers, social media

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THIS IS FALSE !!! I just talked to my Advisor... If you sell your house after 2012 you will pay a 3.8% sales tax on it?

The National Association of REALTORS is all over this and working to 
get it repealed, before it takes effect. But, I am very pleased we
aren't the only ones who know about this ploy to steal billions from
unsuspecting homeowners.

 

How many REALTORS do you think will vote Democratic in 2012?

Did you know that if you sell your house after 2012 you will pay a
3.8% sales tax on it? That's $3,800 on a $100,000 home, etc. When didthis happen? It's in the health care bill and goes into effect in
2013.

Why 2013? Could it be to come to light AFTER the 2012 elections? So,
this is "change you can believe in"?

Under the new health care bill all real estate transactions will be subject to a 3.8% Sales Tax.If you sell a $400,000 home, there will be a $15,200 tax.

 

This bill is set to screw the retiring  generation who often downsize
their homes.  Does this make your November and 2012 vote more
important?

Oh, you weren't aware this was in the Obamacare bill? Guess what, you aren't alone. There are more than a few members of Congress that
aren't aware of it either!

http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home>

 
VOTERS NEED TO KNOW YOUR VOTE COUNTS.

Safety facts about GPS Systems - good or bad?

Have you ever wondered just what does GPS stand for? Global Positioning System never be lost again...... Do we relay to much on these systems?

I know I use mine all the time when showing properties. I can input up to 8 homes and spend more time getting to know my clients as we travel. Which makes it great for me and my business, problem is  I have found  that many subdivision or street are not on the GPS system if you are not willing to update the product. It can be costly but worth it to me.

But have you ever thought like a criminal? Me neither when I was opening and unwraping the new device. One of the instructions when you set up your system is to program your homes address so it is easy to hit one button to take you home.

Do you see where I am going with this? Let say you go out to dinner a movie or even just to visit a friend. You have attached the device to the windshield of your car plugged in the address of the place you are going so excited to try out the product.

As you are enjoying your evening someone breaks into your car takes your GPS system and with one hit of the button they know right where you live and that you are not home. They just left your car so they know they have time.

 HERE IS MY TIP: Enjoy the freedom and confidence of using a GPS system but out smart the Criminals, program a convenient store or shopping center close to your home if you ever need to use the home button which I have multiple times when I am trying to find the freeway enterance or to just get point into the right director of home. Once you get headed into the right director and thing start to look familiar you will be able to make it home. And the criminal will end up shopping or confused that you live in the local 7 11

21 Days to Halloween In Utah - Carve your pumpkin online - virtual Jack-o-Lantern from Theoworlds.com !

Every one love to carve a pumpkin but no one like to clean up the mess. Here is a chance to carve your Digital pumpkin over and over again. Give it a try you will love it

via theoworlds.com

 

24 Days to Halloween in Utah - The World Famous Provo Halloween Half Marathon | PROVO Utah

The ORIGINAL
EXTREME HALLOWEEN RUN!

Now this is a crazy event one full of fun the only time you can dress in costume for the main event. One day only... Saturday October 29th

via halloweenhalf.com

Welcome to the World Famous PROVO HALLOWEEN HALF MARATHON, the most fun you can have in Provo without being arrested! In 2010, the Provo Halloween Half Marathon was the 3rd largest half marathon in Utah and the largest half marathon in Utah County! Party with us in 2011!

With cooler temperatures, we encourage you to bring your friends and wear your costumes. Please view the great photos from previous races! The Costume Contest Awards!

The fast scenic course boasts an elevation loss of over 2,000 ft! Get ready for your Personal Record!

via halloweenhalf.com

 

October sales - How to Sell a Haunted House : HGTV FrontDoor Real Estate

via frontdoor.com

Some houses give off a weird vibe. Scott Fladhammer, a real estate agent in Fort Wayne, Ind., was asked by a snowbird to sell her furnished but otherwise empty house. That in itself wasn't odd, but the neighbors' reaction to the home was. Everyone warned him that it was haunted. Seemingly sane people insisted that they had looked through the windows and saw mysterious objects moving throughout the house.

Upon opening the front door, Fladhammer thought that they might have a point as wall-to-wall black mold greeted him. But it wasn't long after that he learned the plumbing had burst, and the basement had flooded. Furniture had indeed been moving; it was floating in the water.

But other times, it's harder to explain away a house's behavior. Jonathan D. Nicholas, the national president for the Council of Real Estate Brokerage Managers and based in the Dallas-Fort Worth area, recalls showing a woman a house and coming to a room, where she suddenly said, 'I have to get out of here, I have to walk outside,' and she did. Nicholas followed her and on the front lawn she tried to explain her behavior. "I just kept seeing red," she said, "and all I wanted to do was kill myself."

Nicholas later asked the seller, who said that a murder had taken place in the house.

It may be a problem that one only thinks about during the Halloween season, but if you're trying to sell a haunted house, it's a dilemma every day of the year. Fortunately, if you have a house that the community believes -- or that you believe -- is haunted, there are some steps you can take:

Step 1: Don't get spooked by the law >>
Step 2: Give eerie rumors the ax >>
Step 3: Call in the ghostbusters >>
Step 4: Rest in peace after last-resort tactics >>

Start off my 31Days of Trick-or-Treat - Sweepstakes : HGTV FrontDoor Real Estate

• Sweeps Main
• Entry Form
• Rules

       

Spooky Sweepstakes

Enter once per day for your chance to win $3,000 in cash to "trick" out part of your home or to "treat" yourself to a down payment on your next home.

Enter Daily Through Nov. 1, 2011, at 5 p.m. ET

via frontdoor.com

Interest Rates for Utah House under 4% WHAT---SHUT THE FRONT DOOR

Today‘s 1^st Mortgage Rate

3.990%

Utah Housing Corporation

*More Rates

-->

via utahhousingcorp.org

There is never a better time then now to purchase your new first home.or if you have not owned a home in the past 3 year you could qualify for this great program. Call me today for all the details Lori Fleming Century 21 Golden Spike 801-940-9560

Interest Rates for Utah House under 4% WHAT---SHUT THE FRONT DOOR

Today‘s 1^st Mortgage Rate

3.990%

Utah Housing Corporation

*More Rates

-->

via utahhousingcorp.org

There is never a better time then now to purchase your new first home.or if you have not owned a home in the past 3 year you could qualify for this great program. Call me today for all the details Lori Fleming Century 21 Golden Spike 801-940-9560

Interest Rates for Utah House under 4% WHAT---SHUT THE FRONT DOOR

Today‘s 1^st Mortgage Rate

3.990%

Utah Housing Corporation

*More Rates

-->

via utahhousingcorp.org

There is never a better time then now to purchase your new first home.or if you have not owned a home in the past 3 year you could qualify for this great program. Call me today for all the details Lori Fleming Century 21 Golden Spike 801-940-9560