Houston Relocation

Jan Jackson Presents... Charity Golf Tournament Benefitting Blue Star Mothers!

2011-07-25T13:15:00.000-07:00

Jan Jackson & Associates, together with Jan Jackson, Skip Evans, and Kelley Jackson of Keller Williams Realty Northeast announce charity golf tournament.

The event will include 4 person scramble, long drive, closest to the pin contest and more! Dinner reception with awards following the golf tournament.

$125 Entry Fee or
$500 for a Team of Four
$100 for Active Military & Reserve Servicemen
(Free Beer!)

Entry Fee Includes: Breakfast, Dinner Reception & Awards, Four Person Scramble Tournament, Free Valet Parking for players, Free Replay Round & FREE BEER while playing!

A silent auction and prize drawings will also be held!

Monday, August 8th, 2001
Registration & Breakfast at 7am
Shotgun Start at 8:30am

To Be Held At:
Wildcat Golf Club
12000 Almeda Rd
Houston, TX 77045
713-413-3400
www.wildcatgolfclub.com

Benefiting Blue Star Mothers!

Blue Star Mothers is a nonprofit 501(c)3 service organization supporting each other and our children while promoting patriotism. The organization is open to Mothers & Fathers who have or have had children serving in the United States Armed Forces. We have an associated membership for any family member or for a friend of a military person also. Everyone is welcome!

All Proceeds From This Event Will Be Donated To Blue Star Mothers!

2103 SOUTHWOOD Dr

2011-07-20T15:21:00.000-07:00

2103 SOUTHWOOD Dr

What Is Your Secret Formula?

2011-07-20T14:38:00.000-07:00

What Is Your Secret Formula?

I was listening to This American Life a couple weeks ago and they did a story exploring the Original Recipe of Coca-Cola.

According to popular myth, the original recipe is locked in a vault in Atlanta. It’s highly guarded and supposedly impossible for anyone to recreate. Somehow, Ira Glass and the show’s producers came upon what appeared to be the Original Recipe for Coca-Cola. THE ORIGINAL RECIPE!!!! (Can you believe it?!)

In a funny chain of experiments and trials they attempted to make Coca-Cola. The ingredients were all there. They had expert chefs, expert soda makers, expert tasters. They had everything to make Coca-Cola. But, when it came down to it, the resulting soda did not taste like Coca-Cola. Something was missing. What was missing? No one could put their finger on it.
The remarkable thing is that the expert tasters noted that all the ingredients were correct. They adjusted quantities and sources. They got close in flavor, but nothing tasted like Coca-Cola. There was some magical ingredient missing. Was it an actual spice – or was it something intangible? Was it the lore, history, and the branding associate with Coca-Cola? Was it the ‘feeling’ of Coke that is ingrained into American culture? Was it the childhood memories that we associate with drinking Coca-Cola? What was missing?

What is the secret component in your business? In your service? In your product?
Creating a successful brand and business is not entirely about keeping your formula a secret. It is about having something that is impossible to recreate.

PS – if you wanna give the Coca-Cola recipe a try, the folks at This American Life have the formula here.

2011 Federal Tax Credits for Consumer Energy Efficiency

2011-07-18T15:13:00.000-07:00

NOTE: Tax credits that were 30% up to $1,500 EXPIRED on December 31, 2010. New tax credits were passed, but at lower levels.
Have the tax credits been extended for 2011?
On December 17, 2010, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. This law extends the tax credits for energy efficiency into 2011, BUT at lower levels. The levels revert back to those in effect in 2006 and 2007, which were 10% of the cost of the improvement, up to $500, with a $200 max for windows, and several other set maximums.
Highlights:

· $500 lifetime limit. If you got over $500 in these tax credits from 2006 - 2010, you are not eligible for anything more.
· 10% up to $500 for insulation, roofs, and doors.
· Windows capped at $200, but qualification now ENERGY STAR
· Furnace and boilers capped at $150, and all furnaces and boilers must meet 95 AFUE
· $50 for advanced main air circulating fan
· $300 for air conditioners, air source heat pumps, water heaters, and biomass stoves
Can renters get the tax credit?
No, you can only get the tax credit if you own the home and you live in it.
You can not get the tax credit for rental properties either.
What is included in the Tax Credit?
Tax Credit:
10% of cost up to $500 or a specific amount from $50 - $300
Expires:
December 31, 2011
Details:
Must be an existing home & your principal residence. New construction and rentals do not qualify.
Biomass Stoves
Biomass stoves burn biomass fuel to heat a home or heat water. Biomass fuel includes agricultural crops and trees, wood and wood waste and residues (including wood pellets), plants (including aquatic plants), grasses, residues, and fibers.
Tax Credit Amount: $300
Requirements
Thermal efficiency rating of at least 75%
Air Source Heat Pumps
Heat pumps offer an energy-efficient alternative to furnaces and air conditioners in moderate climates. Like your refrigerator, heat pumps use electricity to move heat from a cool space into a warm, making the cool space cooler and the warm space warmer. During the heating season, heat pumps move heat from the cool outdoors into your warm house; during the cooling season, heat pumps move heat from your cool house into the warm outdoors. Because they move heat rather than generate heat, heat pumps can provide up to 4 times the amount of energy they consume.
Tax Credit Amount: $300
Requirements
Split Systems:HSPF ≥ 8.5EER ≥ 12.5SEER ≥ 15
Package systems:HSPF ≥ 8 EER ≥ 12 SEER ≥ 14
Central Air Conditioning (CAC)
The best way to find tax credit eligible CACs is to ask your HVAC Contractor (Heating Ventilation and Air Conditioning). To verify tax credit eligibility, ask your HVAC contractor to provide the Manufacturer Certification Statement for the equipment you plan to purchase. Or, search the Manufacturer's website.
Tax Credit Amount: $300
Requirements
Split Systems: SEER ≥ 16 EER ≥ 13
Package systems:SEER ≥ 14 EER ≥ 12
See definitions.
More Information
How to apply
Gas, Propane, or Oil Hot Water Boiler
These are heating units that use water circulated throughout the home in a system of baseboard heating units, radiators, and/or in-floor radiant tubing.
Tax Credit Amount: $150
Requirements
AFUE ≥ 95
Tax Credit includes installation costs.
See definitions.
More Information
How to apply
Natural Gas, Propane or Oil Furnace
A furnace uses the combustion of fuel and air to create heat.
Tax Credit Amount: $150
Requirements
AFUE ≥ 95
Insulation
Adding adequate insulation is one of the most cost-effective home improvements that you can do.
Tax Credit Amount: 10% of the cost, up to $500
Requirements
Typical bulk insulation products can qualify, such as batts, rolls, blow-in fibers, rigid boards, expanding spray, and pour-in-place.
Products that air seal (reduce air leaks) can also qualify, as long as they come with a Manufacturers Certification Statement, including:
Weather stripping
Spray foam in a can, designed to air seal
Caulk designed to air seal
House wrap
Tax Credit does NOT include installation costs. But, you can install the insulation/home sealing yourself and get the credit.
See definitions.
Roofs (Metal & Asphalt)
Qualified roof products reflect more of the sun's rays, which can lower roof surface temperature by up to 100F, decreasing the amount of heat transferred into your home.
Tax Credit Amount: 10% of the cost, up to $500
Requirements
"Metal roofs with appropriate pigmented coatings" and "asphalt roofs with appropriate cooling granules" that also meet ENERGY STAR requirements.
Tax Credit does NOT include installation costs.
Water Heaters (non-solar)
Gas, Oil, Propane Water Heater
Water heating can account for 14%–25% of the energy consumed in your home.
Tax Credit Amount: $300
Requirements
Energy Factor ≥ 0.82 OR a thermal efficiency of at least 90%.
See definitions.
More Information
How to apply
Electric Heat Pump Water Heater
Water heating can account for 14%–25% of the energy consumed in your home.
Tax Credit Amount: $300
Requirements
Energy Factor ≥ 2.0
Tax Credit:30% of cost with no upper limitExpires:December 31, 2016Details:Existing homes & new construction qualify. Both principal residences and second homes qualify. Rentals do not qualify.
Windows, Doors, Skylights
Energy efficient windows, doors and skylights can reduce energy bills.
Tax Credit Amount: 10% of the cost, up to $500, but windows are capped at $200.
Requirements
Must be ENERGY STAR qualified.
You do not have to replace all the windows/doors/skylights in your home to qualify. And it doesn't need to be a replacement either - installing a new window where there wasn't one previously (like in an addition) qualifies.
Tax Credit does NOT include installation costs.
Geothermal Heat Pumps
Geothermal heat pumps are similar to ordinary heat pumps, but use the ground instead of outside air to provide heating, air conditioning and, in most cases, hot water. Because they use the earth's natural heat, they are among the most efficient and comfortable heating and cooling technologies currently available.
Requirements
Closed Loop: EER ≥ 14.1 COP ≥ 3.3
Open Loop: EER ≥ 16.2 COP ≥ 3.6
Direct Expansion: EER ≥ 15 COP ≥ 3.5
Tax Credit includes installation costs.
See definitions.
Small Wind Turbines (Residential)
A wind turbine collects kinetic energy from the wind and converts it to electricity that is compatible with a home's electrical system.
Requirements
Must have a nameplate capacity of no more than 100 kilowatts.
Tax Credit includes installation costs.
Solar Energy Systems
Solar Water Heaters
Solar water heaters come in a wide variety of designs, all including a collector and storage tank, and all using the sun's thermal energy to heat water. Solar water heaters are typically described according to the type of collector and the circulation system.
Requirements
At least half of the energy generated by the "qualifying property" must come from the sun. The system must be certified by the Solar Rating and Certification Corporation (SRCC) or a comparable entity endorsed by the government of the state in which the property is installed.
Note: The credit is not available for expenses for swimming pools or hot tubs. The water must be used in the dwelling.
Photovoltaic systems must provide electricity for the residence, and must meet applicable fire and electrical code requirement.
Tax Credit includes installation costs.
More Information
How to apply
Solar Water Heater FAQ
All ENERGY STAR Qualified solar water heaters qualify for the tax credit.
Solar Panels (Photovoltaic Systems)
Solar Panels or Photovoltaic Systems are solar cells that capture light energy from the sun and convert it directly into electricity.
Requirements
Photovoltaic systems must provide electricity for the residence, and must meet applicable fire and electrical code requirement.
Tax Credit:Credit Details: 30% of the cost, up to $500 per .5 kW of power capacityExpires:December 31, 2016Details:Existing homes & new construction qualify. Must be your principal residence. Rentals and second homes do not qualify.
Fuel Cells (Residential Fuel Cell and Microturbine System)
Fuel cells are an important enabling technology for the hydrogen economy and have the potential to revolutionize the way we power our nation, offering cleaner, more-efficient alternatives to the combustion of gasoline and other fossil fuels.
Requirements
Efficiency of at least 30% and must have a capacity of at least 0.5 kW.
Tax Credit includes installation costs.

Preparing Your Home for Photographs

2011-07-14T13:48:00.000-07:00

Preparing Your Home for Photographs
It is very important that the photographs of your home are of the highest quality. Since most potential home buyers start their search online, the online photographs of your home are often your first chance to make a great impression!

The following checklist will help you maximize your home’s online curb appeal

General:
- Remove seasonal decorations that might date the photos
- Move garbage cans, other trash from view
- Remove all pet-related items (i.e. fish bowls, litter boxes, cages, beds)
- Clean, Clean, Clean!

Outside:
- Move cars, boats, trailers, etc. from driveway
- Close garage doors
- Remove any patio furniture, grills, etc. in disrepair
- Uncover any outdoor kitchen items that will be photographed
- Make sure cushions in chairs are arranged neatly
- Remove any unattractive potted plants / hanging baskets
- Store hoses out of sight or roll-up neatly
- Turn on any pool water features, lights, etc.
- Remove all pool floats, toys, etc.
- Trim bushes and trees to maximize view of home
- Remove yard signs (i.e. campaign signs, school signs, sports signs)
- If patio umbrellas block nice view, they should be closed

Inside:
- Ensure all light fixtures and lamps are turned on and all light bulbs are working
- Turn ceiling fans off
- Open all curtains / blinds to allow light into house
- As much as possible, minimize electrical cords in view
- Organize or hide all mail, bills, paperwork, etc.
- Turn TV’s and computer screens off
- Close TV / stero cabinets

Bathrooms:
- Put toilet seats down
- Clean mirrors
- Minimize items on countertops
- Unless decorative, remove all towels, bathmats, rugs, etc. from view
- Remove shampoo / conditioner bottles, wash rags, etc. from showers and baths
- Remove robes, slippers, etc. from view

Kitchen:
- Minimize items on countertops
- Empty sink
- Take all magnets, notes, artwork, etc. off the refrigerator
- Unless decorative, remove all towels from view
- Remove sponges, cleaners, garbage cans, etc. from view
- Remove all food items from view

Bedrooms:
- Make sure beds are made and all pillows are arranged neatly
- Make certain that items stored under beds do not show
- Minimize items on bedside tables
- Store all clothing out of view

Living Areas:
- Make sure pillows are arranged neatly on sofas & chairs
- Arrange books and magazines neatly on tables

Personal Items:
- Certificates, diplomas, awards, photographs, decorative names in children’s room, etc. may show up in photos. If desired, remove before pictures are taken.

*** Remember, curb appeal starts on the internet, so it is very important to make the pictures of your home attractive. If the internet picture doesn’t sell your home, you might not ever get the buyers to actually do a physical drive-by and schedule an appointment to see inside your home.***

Energy Saving Tips for Your Home

2008-04-25T16:20:00.000-07:00

- Air Conditioning -
Turn down the thermostat. Turning down your thermostat by 1°C can reduce your heating bills by up to 10%.

- Lighting -
Always turn off lights when you leave a room. Use energy efficient light bulbs. These can be up to 80% more efficient than standard light bulbs for the same amount of illumination. They can also last up to 12 times longer than standard bulbs. Placing lamps in the corners of your room will reflect more light so you will need less lamps.

- Appliances -
Don't leave appliances on stand-by. Leaving items on standby uses 85% of the total power. Also remember not to charge up appliances for longer than necessary

- Washer / Dryer / Dishwashers -
Use the half-load or economy programmer. If you're not filling up the washing machine, tumble dryer or dishwasher to full capacity, don’t forget to use the half-load programmer. Clean at low temperatures. Dishwashers and washing machines that heat their own water should be kept to low temperature settings. All modern detergents are designed to clean successfully at 40°C and some at 30°C. Only boil as much water as you need. Kettles use a lot of power so only boil as much as water as you really need. Also make sure the elements in your kettle are clean and free of lime scale. And while you are at it, check the elements of your washing machine too – white vinegar works a treat on removing limescale. Don't tumble dry - Whenever and wherever possible hang your clothes out to dry.

- Invest in ‘A’ or ‘A+’ rated appliances -
An old fridge freezer may cost you two and a half times more to power than a modern ‘A’ rated one. Also when buying a computer chose a laptop over a desktop as they use far less electricity to operate. You’ll also save space

- Insulate -
Insulating your house offers lots of opportunities to reduce your consumption. 50% of the total heat lost from our homes comes as a direct result of poor insulation, 25% goes through our roofs and a further 33% is lost through our walls. If building a new home or retro fitting your existing home, invest heavily in good insulation. Also go for the most energy efficient windows that are within your budget. Insulating your hot water tank can reduce costs, paying for itself after one year.

Back To School - Transition

2007-09-12T10:27:00.000-07:00

Across the nation it’s time to go “back to school.” Some parents are waving to their 5 year old as she navigates, for the first time, the bus steps that are almost as tall as she is. Other parents are unloading the SUV into a 12 x 12 foot college dorm room which their son will be sharing with one or two strangers. Regardless of what stage in life you’re at, “back to school” probably evokes emotions and unique memories. It’s an American tradition! Because “back to school” is such a significant time for so many people, most prefer to make their moves during the summer so that they will be settled in their new homes before the academic school year begins. However, regardless of when a move takes place, most parents readily admit that the ease of transition for their children is utmost in their minds. Here are some ways to make a move easier for your child:Arrange to visit the new school before the move. If possible, ask for a tour from a student guide. Knowing something about the new school will help in the transition. Make sure they have an opportunity to say goodbye to their friends. Host a party or arrange for treats at school. Give your child pre-printed address cards for them to hand out to their friends and encourage them to keep in touch. The internet has made it easier than ever to stay in contact. Research extracurricular activities before you arrive at your new home. Moving during the school year often allows children to immediately become involved in extracurricular activities and to meet new friends. If you move during the summer see if there are town camps or library programs in which your child can participate. Involve your child in decision making and research concerning the new community. Just as planning for a vacation can be as exciting as taking one…preparing for and dreaming about a new home can be an adventure. Make sure your child is a part of the process and that his or her opinion matters. Consider having your child stay with friends or relatives while your household goods are being packed. Seeing your belongings put into boxes is stressful even for adults! Encourage your child to ask questions and express his or her feelings about the move.Children pick up on the feelings and emotions of their parents. If you are excited about your move your child will be, too! If you are stressed and worried, your child will probably mirror those feelings.

Houston Gives You More Bang for Your Bucks

2007-04-27T10:54:00.000-07:00

The fourth-largest city in the country is also one of the best bargains when it comes to cost of living.
Houston housing costs are 47 percent below the average for 23 metropolitan areas with populations of more than 2 million, according to the ACCRA Cost of Living Index for the fourth quarter of 2005. And Houston’s overall costs are 24 percent below the average for these large metros. In the broader context of nearly 300 urban areas in that survey, Houston's housing costs are 23 percent below the average, and its overall living costs are 12 percent below the average. This means that your dollar has a much higher buying power than in virtually any other city in the country.

Consider:
The average price for a new single-family detached home of 2,400 square-feet (four bedrooms, two baths, living room, dining and family rooms and attached two-car garage) was $201,679 in the fourth quarter of 2005. The U.S, Bureau of Economic Analysis puts Houston pre-tax, per capital income in 2003 at $34,578, 9.9% above the national average. In the last quarter of 2005, Houston’s average apartment rent was $.828 per square foot per month. With all you’ll save on living costs in Houston, you’ll have plenty to left over for shopping in the region’s world-class venues.

Houston Relocation: Consumer Market Report

2007-03-05T18:05:00.000-08:00

Houston Relocation: Consumer Market Report

Tips on Buying a Home

2007-03-05T16:56:00.000-08:00

1. How do I buy a house?Be an informed consumer; buying a house is one of the most complicated and expensive purchases you will ever make. As with most other things, you get what you pay for. Look at and compare many houses in different areas. Once you have seen something you like, assess its location. How far will you have to commute? What is the traffic like? How does the neighborhood look? What services are available? How good are the local schools? Will you be able to get your children into them? What is the crime rate in the area, and what types of crimes have occurred in the past couple of years? Visit the home on multiple occasions and at different times of the day. Remember: location, location, location. It's one of the biggest factors in setting the price of the home. Before you make a written offer, know exactly what you are buying and what the costs will be after you own it. For example, in addition to the monthly principal and interest payments that you will have to finance the purchase of your home, you will need to budget for utility bills, property taxes, insurance and maintenance costs. If you buy a home that has a homeowner's association, you will also have to pay association fees. Some homes have special assessments in addition to the regular property taxes. Make sure that you ask the seller for copies of the past years" bills for these services, and that you inquire as to whether there are any assessments scheduled to be placed on the property in the future. Also, check the condition of the house and any appliances, window coverings and other items that you want included in the sale. Consider purchasing a home warranty. For a minimum fee, the home warranty company will insure that the house and the appliances are in working condition. Many companies will provide coverage for washers, dryers, pools and pool equipment, air conditioning, and some roof repairs. ShopDreamHouse.com or escrow holder can provide you with information on these policies.

2. What information must the seller provide me?In most cases, when you are preparing to buy a home, the seller must provide you with a Real Estate Transfer Disclosure Statement. This is a pre-printed form that lists many features or conditions about the home, the land, and the area where the home is located. The seller must list on this form any possible problems he or she is aware of that might affect your willingness to purchase the home. This includes, for example, easements, rights of others to control how you use the property, environmental problems, nonfunctioning equipment, zoning and building violations, and special assessments. The seller's agent must visually inspect the home and report all facts that he or she feels might affect your decision to buy this property. If you want information that is not covered in the Real Estate Disclosure Statement or additional information that is disclosed, put your questions in writing and ask the seller to respond in writing. You should review the Disclosure Statement immediately and carefully. In most instances, you will have a limited period of time to decide whether you wish to proceed with the purchase despite the stated disclosures. Depending upon your purchase agreement, some sellers will require a written acceptance of the conditions contained in the statement. Other sellers will consider your silence as acceptance of all of the conditions contained in the Disclosure Statement. If you buy a condominium, the seller must give you copies of the homeowners association's rules and bylaws, and financial statements, and must inform you if there are any unpaid assessments. You should also ask to see the past minutes of the association board meetings. You might find that there are pending or future lawsuits or defects in the construction of the complex being discussed in these meetings. All of which would affect the value of what you are buying.

3. Should the house be inspected?Before buying any property, it is advisable to have it inspected by trained specialists. The kinds of inspections you need depend on the location and condition of the property. For example, in a hillside area, you might want a soil stability inspection. If you are buying a home built before 1978, you should seriously consider an inspection for lead-based paint. At a minimum, you should have the home inspected to determine if it is structurally sound, a pest control inspection to see if the house has been infected by termites or dry rot, and a natural hazards inspection to see if the home is located in an area subject to fire, earthquakes or flooding. Shopdreamhouse could advise you about additional inspections that might be warranted under the circumstances. Keep in mind that while the seller has to tell you about anything he is aware of that is wrong with the house, he is not insuring the quality of the house; for this reason, an inspection is a good idea.

4. How do I make an offer on a house?Once you have found the home of your choice at ShopDreamHouse.com and have determined how much you are willing to pay, you need to make a deposit (called earnest money) to show the seller that you are serious about buying the house. The deposit is considered a down payment on the price of the home. In some instances you may have to increase your deposit or increase your offer, especially if there are multiple offers on the home. The deposit is usually deposited in escrow upon the acceptance of your offer. You submit a written offer on a form known as the Residential Purchase Agreement and Receipt for Deposit. This form sets out the terms upon which you are willing to purchase the property. The price you offer on a home will, in most cases, be less than the amount you will need to purchase the home. There will be expenses incurred in purchasing the home that will have to be paid by either the buyer or the seller. These include, for example, title reports, document preparation, recording fees, local taxes, fees for inspections, escrow fees, homeowner's insurance, and notary fees. Ask ShopDreamhouse.com or escrow officer to provide you with an estimated closing statement. This will give you an idea of some of the additional costs you will incur in purchasing your home. You do not want any surprises.

5. What is a Residential Purchase Agreement and Receipt for Deposit? This agreement is an offer which, upon acceptance by the seller, results in a binding contract. It should cover all of the important terms of the sale. For example, it should include a complete description of the property and of any personal property that will be sold with the house, such as window coverings, kitchen appliances, washers and dryers. It should state the exact purchase price, including the amount of your initial deposit, any increases in that deposit, the amount you will pay in cash, check or wire transfer, and the amount you will need to finance to complete the purchase price. This agreement should also list any conditions that may allow you to back out of the contract. You will want a condition that allows you to cancel the contract if you cannot obtain a loan on favorable terms or if the inspections reveal substantial defects or problems with the home. You may also need a condition that allows you to cancel the sale if you cannot sell your current home. Please understand, however, the more conditions you have, the less likely the seller is to accept your offer. This agreement should also set forth what will happen to your deposit if you cancel the sale, what will happen if you and the seller have a disagreement over the terms of the sale, and how the brokers will be paid. The agreement should also indicate whether you are purchasing the property in "as is condition" or the seller is warranting the condition of the property. Take the time to go over each and every term of the agreement with your agent before you sign the agreement.

6. Can I change my mind?You should not make an offer to purchase a house unless you are serious about buying it. You can, however, revoke your offer before it is accepted by the seller. This revocation should be in writing. If your offer has already been accepted by the seller, you may be able to terminate or revise your offer if you are unhappy with what your inspections reveal or if other conditions of the offer are not met.The Residential Purchase Agreement and Receipt for Deposit contains several provisions that discuss what will happen in the event the sale does not go through. There is a mediation provision, an arbitration provision and a liquidated damages provision. The liquidated damages provision can result in you losing most if not all of your deposit (up to 3 percent of the contract price) in the event you elect not to complete the purchase price, and your election is without good cause. There is no provision in the standard contract for liquidated damages in favor of the buyer in the event the seller wrongfully refuses to go through with the sale. You do not have to agree to this provision. Carefully discuss the pros and cons of initialing this provision with your agent or attorney.

7. How can I get a loan?Most home loans are made by financial institutions such as banks, savings and loan associations, and credit unions. Other sources of loans are insurance companies, mortgage bankers, finance lenders, mortgage loan brokers, pension funds and investment trusts. Lenders charge different fees and offer different interest rates so it pays to shop around. Your agent will be able to recommend lenders in your area.When you apply for a home loan, the lender will check your credit rating and review your past employment, income history, and credit and debt obligations. It will also obtain information about the property that will be security for the loan. This will include an appraisal or estimate of the fair market value of the home, a review of the preliminary report prepared by the title insurance company to determine what liens, easements and other conditions will be superior to its loan, and a review of any taxes, assessments and zoning regulations that affect the property. Some lenders will charge you a loan application fee, document preparation fee, appraisal fee and other fees to consider or close the sale. You should discuss these fees with your lender before you submit your application.

8. What types of home loans are available?In exchange for cash from the lender, you agree to pay interest and to make payments over a period of time. In most instances, the property you purchase will be security for repayment of the loan.Sometimes a seller will offer a seller-financed or carry back deed of trust. This financing method is often used when a seller wants to receive income over a period of time or when lenders are stringent in their loan requirements. The terms of these loans should be discussed with your agent or attorney. He or she is best qualified to determine if the loan documents and agreement meet all legal requirements. Occasionally, you can "assume"a loan or take over a loan that the seller has been paying off. You should be careful in assuming any loan. Most loans have an acceleration or due on sale clause. This means that the lender can demand that the seller's loan be paid in full when the property is sold. If you wish to assume a loan, you should have your agent or attorney review all of the seller's loan documents and make approval by the lender a condition to your offer. Most home loans that are available to Californians offer one of two interest rate structures. A fixed rate loan offers a set interest rate, so that your monthly payment never changes. Some fixed rate loans are federally insured or guaranteed, such as a Veteran's loan or an FHA loan. These loans usually have a lower interest rate and require smaller down payments. For more information on these loans, get in touch with a local office of the California Department of Veterans Affairs, the U.S. Veterans Administration or the U.S. Department of Housing and Urban Development (HUD). Another type of loan that is available is an adjustable rate mortgage loan, sometimes called an ARM. An ARM is a mortgage loan which provides for adjustment of its interest rate as market rate interest rates change. The ARM's interest rate is tied to an index that reflects changes in the market rates of interest. Some indexes used are the Cost-of-Funds Index published by the Office of Thrift Supervision, and the Federal Reserve Discount Rate. These loans usually have interest rates that are lower than the fixed rate loan interest. ARMs can be complicated. Make sure that you understand all of the terms of these loans before you agree to accept one. Occasionally, new mortgage plans become available that are intended to meet specific needs of a community. These include loans for first-time homebuyers, and loans for teachers. Check with your local consumer affairs office and housing departments for up-to-date information on these types of loans.

9. What occurs when I "close" on a home? For the protection of the seller and the buyer, a person or company that has no connection with you or the seller holds the money and papers involved in the purchase. This procedure is called escrow. The escrow holder's job is to make sure that all of the terms and conditions of the agreement are met. He or she will also coordinate all of the activities of the broker, the lender and the title insurance company. The escrow holder will deliver the deed to the county for recording when it can pay the seller the money. Escrow services can be provided by title companies, banks, savings and loan associations, independent escrow companies, realtors or lawyers. The escrow holder does not act as a mediator, a lawyer or an advisor. The escrow holder is required by law to remain neutral. Its only job is to carry out the terms of the escrow instructions. In most States, escrow instructions are signed when the escrow is opened. They are modified throughout the course of the escrow as the agreement between the buyer and seller change. In some States, escrow instructions are executed just prior to the close of escrow. These instructions should be clear and certain as to the intentions of the parties and the duties of the escrow holder. Make sure your Purchase Agreement does not conflict with your escrow instructions. If they do conflict, the escrow instructions may be considered your final agreement as to the terms of the purchase. If you are uncertain as to what the instructions say, discuss them with your agent, your lawyer, and the escrow holder.
After the close of escrow, the escrow holder will provide you with a Settlement Statement. This document will show you, as the buyer, all of the costs incurred by you in purchasing the property. You should review this document carefully and save this statement for later. Many of these costs may be deductible from either your state or federal taxes. If you have any questions or concerns about the charges you incurred, contact the escrow holder immediately and ask for an explanation.

10. How should title to the home be held? Prior to the close of escrow, the escrow holder will ask you how you wish to hold title to your new home. How someone holds title will affect what will happen to the property in the event of the death of one of the owners. It also will affect whether certain taxes will be incurred or whether a probate of the estate will be necessary. You should discuss your options with a tax specialist and your agent before you make your selection.
You can hold title to the home by yourself, as separate property, with your spouse, as community property, or with your spouse or a third party, as joint tenants or tenants in common.

11. Do I need title insurance?Title insurance is necessary for your protection when you buy a home. It is, however, not a guarantee that problems will not arise after the close of escrow. When you make an offer to buy a home, you, as the buyer, have the right to choose the title company. This decision should be based on the local office's expertise, and the company's record for fairly handling claims under its policies. You should discuss these issues with your agent.
Once you have chosen a company, you should make one of the conditions of the close of escrow clear title to the property. "Clear title" means that when the sale to you is completed, the title to the property will be free from liens, judgments and other claims that you have not agreed to accept. You should also discuss with your agent the need for a survey of the property and title insurance coverage for boundary line disputes. In many instances, especially in rural areas, boundary lines are not where they should be. A survey and survey coverage can help eliminate future disputes with your new neighbors. Before a title company issues an insurance policy, it will make an investigation to find out if anyone besides the seller claims to own the property. It will also search the public records for claims against the property. The title company will provide you with a report, called a preliminary report. You should carefully review this report to determine if it describes all of the property you are interested in buying. You should also review this report and determine what items you are willing to accept when you purchase the property and what items you wish removed or taken care of as a condition of the close of escrow. If you are uncertain as to what the report says, you should discuss the matter with the escrow holder and/or your attorney. There are different kinds of title insurance available. Often the difference in cost for the better policies is nominal. "Basic" or "Standard" coverage is, in most instances, not the best policy available. For an additional one-time cost or no charge at all, you can obtain protection for losses resulting from illegal construction, zoning violations, unrecorded liens, prescriptive easement claims, and post policy forgeries. Be aware that different companies charge different rates. Discuss with the escrow holder what policies are available in your area and the differences in prices on each of the policies.

12. Congratulations! Whether you are purchasing a home for the first time or for the fourth time, the day of closing should be a cause for celebration. And since a portion of your purchase price is paying for the agents and the escrow holder's expertise, utilize their services throughout the process leading up to the day of closing. Ask questions; ask for an explanation of any item you do not understand. Request copies of any documents you do not understand; keep copies of all documents relating to the purchase of your home. And, if necessary, seek advice from a qualified real estate attorney or tax advisor. Asking questions during the purchase of your home will help insure that you and your family will enjoy your new home for many years to come.
The purpose of this pamphlet is to provide you with general information. Please understand that the law and custom and practice in the industry are subject to change, and vary depending upon where you live. Please consult a qualified real estate lawyer if you have any questions and concerns.

Top 7 Tips to Get the Most Out of Your Home Appraisal

2007-03-04T15:54:00.000-08:00

Home sellers and owners refinancing their mortgages often have to endure a unique ordeal: the home appraisal. If you’re selling, you want the highest appraisal value possible to make sure the sale goes through. If you’re refinancing you’re probably cashing out equity. Either way, each dollar of appraised value is potentially a dollar in your pocket. It’s never a good idea to try and fool the appraiser – most of them have seen every trick in the book – but there are simple things you can do to squeeze some extra value or equity out of your home.

1. Make the place presentable.
You don’t have to be able to eat off the floors – the house doesn’t even have to be as spotless as it would be for an open house. But impressions matter. Strewn laundry, dirty dishes, full wastebaskets, all can contribute to the wrong kind of impression.

2. Fix or replace broken windows, railings, steps, and other hazards.
Your chances of being able to avoid this, even if the buyer doesn’t care, are slim to none now that the mortgage lender wants an appraisal. (And zero if your buyer is going through the FHA.) So take care of it beforehand. And any appliances that are staying with the house, if you’re selling? Those have to work, too.

3. Have your real estate agent present during the inspection.
You can’t usually fool an appraiser – and your agent can’t either. But your agent is trained better to think on his feet at times like these, and is more likely to address nagging concerns of the appraiser’s than you are. Sellers, your agent works for you – put him to work during the appraisal.

4. Love what you’ve done with the place?
Hardwood floors four years ago? Bathroom remodeled two and a half years ago? Lawn re-sodded last summer? Bring these to the appraiser’s attention. Don’t expect your appraised value to go up by the amount you invested, but don’t be shy about pointing out what you’ve done.

5. Control your pets and kids.
The less stressful the appraiser’s inspection, the better off you’ll both be. An appraiser worried about being attacked or who is constantly distracted isn’t as likely to come through with the highest value.

6. Control the urge to do the appraiser’s job for him.
You will often hear that you should suggest homes sold in the area recently the appraiser can compare yours to. In truth, the appraiser considers that his job, and is more likely to resent it than be grateful. And he may have a point. You – and your agent – are interested in getting the highest value possible. The appraiser knows that, and may actually discount a comparable sale you come up with. That being said, information and suggestions offered will often be graciously received. Just don’t overdo it. Understand where the appraiser is coming from – he understands where you’re coming from.

7. Cooperate.
A lot of people don’t like a stranger wandering around their home sizing it up. But it’s for your own good. And a friendly, cooperative owner makes a much more favorable impression than a contentious one. When it’s time to order your appraisal, it’s normal to feel a bit worried or intimidated. However, if you’ve done your homework as to the value of your home, you should rest easy. Follow these simple suggestions, and when the appraisal is in, you will surely be happy!

Putting Zeal In Your Curb Appeal

2007-03-02T09:18:00.000-08:00

Curb appeal, the first impression your home conveys to prospective buyers, should create an emotional desire to own the home and enjoy the lifestyle and status it represents.
Putting the best face on your home also should give a lasting impression that motivates buyers to cross the threshold and take that first step toward closing the deal. Experts advise, more like a home improvement or exterior staging job than a cosmetic makeover, curb appeal that sings is particularly crucial now that more and more buyers are calling the shots. Give your house model home level curb appeal for that "new" look and feel and buyers will beat a path to your door. That's because there's nothing like moving into a home that's ready to go, free of the need for initial touch ups and free of the ghosts of owners past. So how do you put a new face on your old home? With lots of attention to detail, in not one, but all the components that make your home stand out on the block. New paint. There's nothing like a fresh coat of paint to begin to give your home that "newly built" look, provided you don't rush the job. Choose a contemporary color scheme that doesn't clash with the neighborhood, but sets your home apart. Don't just slather on a new coat over the old. Remove built up layers of paint before applying a new one. If you don't need to remove existing paint, you do need to prepare the surface. Exterior surfaces attract dirt and grime from dust and pollutants in the air and that will prevent new layers from adhering properly and cause peeling. New landscaping. Well-manicured landscaping is the frame for your home's curb appeal. The approach should be tidy, simple, healthy landscaping that's proportional to your home. Know how your landscaping will appear once it's matured. From a practical sense, the plants and trees provide shade and passive cooling as they control erosion and pollution. They also provide privacy, especially if it's a single-level home adjacent to two-story houses. New roof. Some real estate agents advise against adding a new roof when sales are brisk, but topping off a complete curb appeal remodeling job, mandates a new roof, gutters and downspouts. Today's roofs can add contrasting color and textures to your home's look. Affordability comes with multi-dimensional composition asphalt shingles in decorator colors. For something cheaper than the real thing, but just as unique, try simulated slate shingles to turn a bland tract home into a more appealing abode. New paving. New sidewalks, driveways and other non-landscaped surfaces help pave the way to curb appeal. The choices are endless and inexpensive -- concrete stamped with the impressions of cobblestones, interlocking concrete paving bricks, and more. New doors, windows. Purposeful portals should make visitors feel welcome. New double doors, new energy-efficient windows framed with shutters, sectional garage doors with half moon or other interesting windows, all add the final curb appeal touches.

Consumer Market Report

2007-03-01T19:07:00.000-08:00

C o n s u m e r M a r k e t R e p o r t

H MLS Monthly Press Release
H Selecting a Realtor
H Why Do I Need a Realtor?
H Getting More Information

Why Do I Need a Realtor? For most people, buying or selling a home is one of the most important transactions of your life. You can find a great deal of information online to help you with that process. However, when it comes to understanding legal requirements, market values, marketing strategies, comparable sales, strategic negotiations and the closing process, you will want to have a licensed, experienced Realtor who can save your valuable time and money. To learn what your Realtor will do for you, click here.

Selecting a Realtor
Buying a home is a major decision in your life. Before you begin, find a professional you can trust. Your Realtor will be an important advisor during one of the most personal and exciting experiences of your life. It is OK to be very careful about choosing someone you feel comfortable with. To learn what to look for, click here. To find a professional in your area, click here.

Getting More Information
At www.har.com, you will be able to find a great deal of information about the kinds of homes available in the Houston market. However, for a detailed presentation on how to sell your home, or what available properties are most appropriate for you and your specific needs, contact a local Realtor. Your Realtor will be able to tell you more about individual Houston neighborhoods, their appreciation values, amenities, and schools. When you are ready to buy or sell, that Realtor will help you make the best choice, in the most cost-effective and time-efficient manner possible.

Jan Jackson
Jan Jackson & Associates
20665 W. Lake Houston Parkway
Kingwood, Texas 77346
281-812-8235

"Oh By the way, I'm never too busy to accept a referral from you"!