Jan
20

WHAT HAPPENED RECENTLY IN OUR AREA?

The official opening of Delicious Day Luncheonette came Tuesday, a few weeks after co-owner and caterer Jeanne Giguere had planned. That’s the nature of small business. But now that the doors unlocked, she’s ready to make the diner a household name and favorite destination. The small restaurant, tucked into the corner of the small shopping center at 7020 S. Church St., had a soft opening before Christmas. The plan was to reopen right after the first year, but Jeanne’s mom had a medical emergency out of state and she didn’t want Delicious Day to open without her. Thank goodness everything’s back on track in New Jersey and Brentwood. Those who stopped by to sample the homemade lasagna in December have been anxiously awaiting the opportunity to try it again.

A tasty afternoon: Sampling Friends & Fashion menu It is an honor to be a part of this amazing event raising money and awareness for Monroe Carell Jr. Children’s Hospital at Vanderbilt. It’s a long-standing tradition for many Brentwood women to dress to the nines on a Monday in April to see a top-notch fashion show right off the runways of New York.

And in his new Ankle High in Deep Water, Jeff Wilson shares the story of an obscure religious holiday, and how it’s applicable today. Lessons from St. Peter’s ‘good confession: As I write this, it is January 18. For most folk, Christians included, the 18th of January holds no special meaning. But, in the more orthodox traditions of the Christian church, today is the Festival of St. Peter’s Confession. It is the day that we celebrate the “good confession” made by Peter, a disciple of Christ, to Jesus in response to Jesus’ question, “But what about you? Who do you say that I am?” Peter’s eventual answer, “You are the Christ, the Son of the Living God.”

More local things:

  • In Outside the Brentwood Bubble, you can read about some fun weekend action.  A scenic drive is involved but the music lovers will find the trip worth it.  Best of all, it benefits Second Harvest Food Bank’s winter restocking.
  • In What I Know, columnist Bob McKinney shares that we are fortunate here in our little ‘burbs” when it comes to controversy and conflict. Why? Because we don’t have a lot of it and when we do, we tend to work things out without too much ill will.

Need a book? Stop by the Friends of the Brentwood Library’s Quarterly Book Sale this week. It opens today and runs through Saturday. You’ll find details in our Community section.

Jan
18

LIVING GREEN

The items that homeowners use the most are energy and cleaning products. We are spending so much time on how to survive and fix the economy that we tend to forget about other important things. We have a responsibility in doing our share to make the earth a healthier place. Here are some great tips on how to contribute:

  • We use a lot of cleaning products. You can buy earth-friendly cleaning products. You can also use baking soda, vinegar and lemon to clean tiles and other surfaces;
  • Do not leave lights on if not necessary. You can help to save energy;
  • Do not let the water run for longer as what is necessary. Preserve water;
  • Save money by insulating you home. It keeps hot air in when cold and the cold air in when hot;
  • Make sure there are no cracks and openings by the window frames and doors’
  • A laptop uses less energy than a desktop and it also saves you space;
  • Some paints are toxic. Zero-voc paints are safe and cost a little bit more than the traditional paints;
  • If you are not using an appliance then leave it unplugged;
  • Use free and clear laundry detergent;
  • Energy Star rated appliances meet a strict standard of energy usage;
  • Use CFL light bulbs. They last longer and cost a little bit more initially, but can save money on the long run.
  • Wash in cold water and save energy;
  • Most cities have recycling centers and bins. Here you can dump metal, glass, and paper, cardboard and plastic. Do your recycling and save the environment.

 

With a little extra trouble we can all contribute in order to keep the world safe and clean. Every bit helps.

 

Jan
12

SPRUCE UP THE BACKYARD

Front yard landscaping is created to make your home more appealing with a garden area. It is very seldom that one will find the barbeque area, patio or swimming pool in the front yard. Homes, without the luxury of swimming pools and barbeque areas, can easily develop a neglected backyard or become a dumping site. Here are some ideas for the backyard:

  • Get rid of all unwanted items that are lying around in the backyard. Plan a small, easy to maintain, herb garden. Most herbs thrive in just about any location that gives them plenty of light. Good air circulation and drainage are also important to the success of your herb garden. Many herbs overlap in category. Border a cooking herb garden with some cultivars that have ornamental, aromatic and gastronomic qualities. The main purpose of a culinary herb garden is for use in your kitchen.
  • Invest in a lemon tree or some other fruit trees. A fruit tree can be an attractive and useful addition to the backyard landscape. Planting and Early Care of Fruit Trees will help you to establish new fruit trees that will provide you with beauty and fruit.
  • Plan and invest in a relaxation deckwhere you can kick of your shoes after a hard days work. There are many ideas on the internet as to how to design and make a deck if you are a DIY person. This will unquestionably add to your home’s value if you plan on selling in the future. In the mean time you get to enjoy the relaxation.
    • Lately, people have become increasingly interested in building barbecues of their own. This is an investment that will provide wonderful family quality time which is much needed in today’s busy lives.

Sprucing up the backyard will add to the value of your property, as well as make it more enjoyable to you and your family.

Jan
10

A HOME OFFERS MUCH MORE THAN A ROOF

The National Housing Survey and the Myers Research and Strategic Services Survey founding’s stated that people are buying homes for reasons that do not include money.  However, when you find yourself in a conversation about Real Estate, people talk about the money involved in property. The topics will vary from interest rates to the current home prices. It seems that the reason for the majority of people to buy a house is to provide a better lifestyle for themselves and for the family. A home offers much more than a roof!

The reasons given for buying a home according to the National Housing Survey are: providing a stable home to raise children and let them enjoy a good education; providing a safe environment with a place you can call home; sufficient room for the family; changes and renovations can be decided and planned by you; the money that you pay every month to your landlord when renting, now goes towards your investment.

The reasons given for buying a home according to the Myers Research and Strategic Services Survey are: a family can enjoy a safe environment; instead of paying the monthly rent, you are now investing your money into property; you can be a proud homeowner with no mortgage to pay by the time you go on pension or retire; you have the prospect of living in an area of your choice; you can renovate and decorate your home to your own liking.

Taking the above reasons into account, it is obvious that a home offers much more than just a structure with a roof. This is the place where a family can create wonderful memories. This is all the more reason why a potential buyer should be motivated and encouraged to obtain professional advice and assistance from a Real Estate Agent. Your agent can find you the home that suits your specific needs and where you can create memories.

Jan
04

WHICH IS BETTER: THE NEW OR THE OLD?

Potential buyers have a general perception newly built houses are in good condition. But what if the builder used substandard material and practices? So, this statement is not necessarily true. There are houses that have been tested by years and years of use and negligence. Houses built years ago and that stood the test of time. An inspection to determine the quality and condition of the house is recommended in both cases.

  • Take a good view at the house from a distance to see if the walls are smooth and flat. If you see cracks discuss it with a professional. It might mean nothing, but it is wise not to ignore it;
  • The roof should be properly applied and appear neat;
  • Check to see if there is any water damage proof. The excess water must be carried away from the house by the drainage pipes and downspouts;
  • Doors must be inspected for open spaces between the door and frame;
  • Make sure there is sufficient water pressure. You can turn on the faucets and flush the toilet;
  • Are the air conditioners, furnace and heater in good condition and proper working order;
  • Make sure the pipes between the fixtures and the heater is copper manufactured;
  • The bath fixtures and kitchen fixtures should be in proper working order and of good quality;
  • Make sure the main circuit breaker indicates a minimum of 100 amps;
  • Quality workmanship should be reflected by the tile work and paint;
  • Inspect the stairway. A tilted stairway indicates movement in the foundation.
  • Look in the attic to ensure the insulation has been done to the correct standard. In moderate climates the recommendation is R-19 (6 inches of fiberglass).

The above list can provide enough information to avoid the costs of a house inspector. If there are any concerns about the home you are about to buy, discuss this with a professional home inspector.

Dec
29

HAPPY NEW YEAR!

To all my clients, friends and family: I wish you a happy and prosperous 2012!

You can afford to transform the rooms and bathroom:

Ceramic tiles are expensive. If your bathroom needs care and you do not have the funds to do it now, here is an affordable option: you can paint the tiles and give it a fresh look.

 Cautions before you paint the tiles:

  • Paint on the floor can wear off. Concentrate on the wall areas;
  • Do not paint the bathtub or shower;
  • Cracked grout can be repaired at least 48 hours before you start painting;
  • Make sure the surfaces where you want to apply the paint are clean and dry.

How to paint the tiles:

  • A semi-gloss primer and paint that is a 100% acrylic should be used;
  • Choose the color that matches the other elements in your bathroom;
  • The primer and the paint should be slightly thin. Apply several layer rather than one thick layer;
  • A low-nap roller can be used. Apply one thin layer of primer and wait for the primer to dry. This can take a couple of hours. The first layer of paint should be applied with a brush and several hours later the second layer with a roller;
  • Use a small artist brush to paint the grout lines. Have patience, this will take time.
  • To finish the newly painted surface paint one layer of urethane.

There are the most amazing tips on the Internet on how to decorate your home. Read from the basics of setting up a room to finishing touches to make the space a reflection of your personality and good taste. Formal or casual, everyone finally gathers in the living room or family room. Read techniques to use to create a comfortable, personal space. Find information about bedding, furniture, luxury products, and lighting to help create a personal space in your bedroom. Whether your kitchen is the family gathering place or a place to “refuel,” you’ll find loads of information here for a workable and beautiful space.

Dec
27

BUYING A SHORT SALE – Brentwood and Franklin Tennessee

High cost of living, being over indebted or losses of income can worsen the default on mortgage payments. A short sale deals with the lender when the mortgagor can no longer keep up with the payments and the outstanding mortgage is higher than the property market value of the specific area. A short sale must be well explained for the benefit of the seller and the buyer. This process takes longer and is not the same as buying a marketable home.

 

When investing in a short sale thorough market analyzes and calculations are recommended. The property can be in a condition where renovations and reconstructions are required or hidden defects that will impact the repair budget. A contractor is usually of great help to estimate costs. These costs, together with the cost of maintaining the property, are an expense one should spread over a reasonable period. Maintenance, renovations and reconstruction is used to generate sales and can be seen as an expense. Over capitalizing happens when what one indebted costs more than the original value of the home.

 

Each short sale is different and has its own merits. A lot depends on the lender and on the listing agent. This is a time consuming process. Banks request a broker price opinion which takes a while. To convince the bank to accept your offer, the comparable sales have to support the sales price. The market value is determined by comparable sales of the same area similar to the home in question and with a similar floor plan.

 

The expertise of a real estate agent is essential when buying a short sale property. This is not a process that you would undertake without being educated, having sufficient knowledge about. For the best professional assistance we encourage you to contact us.

Dec
21

THERE HAS NEVER BEEN A BETTER TIME TO BUY

We should live every day like it is a holiday, being thankful and spending time with family, and looking hopefully to the future. Hoping you will be surrounded by love and warmth this holiday season. From Brentwood and Franklin Tennessee I wish you a Merry Christmas.

Investing into property makes perfect sense, providing you do plan on living in or keeping the home for at least five years. Most of the monthly payments of the first five years get absorbed by interest. After at least five years you will start reducing the principal debt. The majority of us are not great monthly money savers. Dr. Eli Beracha of East Carolina University, who co-authored the paper with Ken H. Johnson of Florida International University, said according to recent research that buying a home is better than renting one, because the mortgage became a forced savings account. He added that people renting should invest their savings. The research found that most of the people who do save money, do not invest. Therefore, buying a home now is a better option, especially with the low interest rates and low home prices.

Once you found the most suitable home you want to buy, you can make an offer. Your Real Estate Agent can assist you with the offer. Consider the following: The price should be in line with comparable prices; the condition of the home (will it cost you a substantial amount of money to refurbish); how long has the home been on the market (the seller may be eager to sell at a lower price); make sure your offer is an affordable one. Take all your living expenses into account and make sure you can afford the installment.  The price you are offering should meet the comparable prices of the area, meaning houses sold recently in the same neighborhood with the same square footage and similar floor plan. Offers do get rejected. The seller is more likely to accept a fair market value related price. The real estate agent will negotiate on your behalf.

Trustworthy and educated sources of information such as: Forbes Magazine (The Next Mortgage Crisis); Wall Street Journal (It’s time to buy that house); Market Watch.com (Now might be the best time ever to buy a home) and JP Morgan Market Insights (Housing: a time to buy) suggest that there has never been a better time to buy a home.

To invest in a home now will be a wise decision. As a trustworthy, well established, reliable and friendly Real Estate, in Brentwood and Franklin Tennessee, we are keen to offer our services to you.

Dec
16

Brentwood and Franklin Tennessee Home Expert

Whether you are buying or selling a home, a Real Estate Agent will negotiate his/her commission with you. It is the same as hiring an attorney or accountant. They can save you money. A professional agent can guide you through the pitfalls of the home market. There are two ways one can sell a home. You can try and sell the home as a “For Sale by Owner” or hire the services of a Real Estate Agent. In the unpredictable Real Estate market it is highly recommended to obtain the services of a professional. Not only will an experienced Real Estate Agent save you a lot of money, he/she can see that the deal closes successfully.

When selling a home you compete against many foreclosures and short sales available on the market. To find a buyer that is willing to pay the fair market value for your home can be easier said than done. The services of a professional Real Estate Agent are needed in today’s volatile market.

When buying a home you need a true expert that can negotiate on your behalf. First you have to make an offer and after the home inspection you may have to re-negotiate. The lender wants to protect the investment by making sure the mortgagor can repay the money. The lender also wants to make sure the property has sufficient value. The lender will request an appraisal. Deals often get cancelled after appraisal. According to the National Association of Realtors 11% of deals are cancelled from an appraisal coming in below the price negotiated between buyer and seller. 14% of successful deals are renegotiated to a lower sales price. You need an expert to keep the deal together until it closes.

Hire a Real Estate Agent and negotiate the commission. In this maze of Real Estate complexities your agent will be worth it.

Dec
13

REAL ESTATE REVIEW

A recent real estate review report by RealtyTrac stated: “An estimated 1 million foreclosure-related notices for defaults, auctions, and home repossessions that should be filed by lenders this year will be pushed back until next year.” Sellers can expect prices to remain deflated for another three to four years, optimistically. It remains to be seen for how long. In order to get out of the recession, interest rates will rise. “Overall, the number of homes repossessed by lenders in the first half of this year dropped 30 percent compared to the same period in 2010,” the article continued. USA Today recently announced that foreclosure notices have fallen to their lowest level since 2006. They also reported that 1.2 million homes received a foreclosure notice. USA Today went on to say that “banks have almost 900,000 properties already on their books, so if the ones on the market aren’t selling, there’s little incentive for them to take back more homes that will end up sitting vacant.”

Prices are predicted to decrease through the first two quarters of 2012. Decreased prices will force more homeowners into a position of negative equity. Being underwater is one of the reasons that cause people to strategically default on their mortgage payments. If this continues, there will be an increase in the number of foreclosures and cause a setback in consumer confidence.

According to the NAR’s chief economist, Lawrence Yun, the housing market is slowly recovering with a predicted 4% increase in sales for 2012. Celia Chen of Moody’s Analytics projected sales to increase over 20% in 2012. The next six months will reflect if the rumors about the possibility of a loss of consumer confidence hold water. Consumer confidence, as measured by the University of Michigan, has seen modest improvement in the last few months after taking a dip over the previous months. A hit in consumer confidence can have an impact on the Real Estate rebound.

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