| Monthly Quote |
“Spring is when you feel like whistling even with a shoe full of slush.”
-Doug Larson, (1902 – 1981), English racer |
| Tip of the Month |
With foreclosures on a steady increase, many homebuyers are keeping a keen eye out for bargains. “It’s not unusual for buyers to save up to 20% with a foreclosed home,” explains David Webb of the foreclosure-auction firm Hudson & Marshall.
If you are interested in buying a foreclosure, there are a few things you should know. First, unlike regular homes for sale, “many foreclosures are sold in as-is condition, with no inspections,” says Webb. The burden is therefore on the buyer to make sure they know what they are getting into, or at least what they are risking. Webb adds that before making an offer on a foreclosed home, you should check to see whether there are any liens against the property or back taxes owed; both of these will add to your total cost. Finally, most foreclosures require quick closings, so be prepared to pay in cash or get immediate financing.
Source: Parade
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Volume 5, Number
4
April, 2008
Welcome to the April 2008 issue of “At Home with HouseHunt,” HouseHunt’s monthly consumer newsletter. Spring is just about here, which means that many are getting ready to implement some do-it-yourself ideas on their home. Before you run off and get in over your head, make sure you read our feature story that covers five projects that could be considered “DIY Don’ts.” As the debate over global warming continues, it’s important to get all the facts you can. In terms of solar paneling, we’ve provided a piece this month on what you specifically need to know before you make the move to go solar. To combat the slumping market, many homeowners are making the choice to make some money by renting their property. Is playing landlord as easy as it seems? We take a look at the issue this month in our feature, “Playing Landlord: Not as Easy as It Looks.” When selling your home, your yard can either help you or harm you. We take a look at what you can do to make your yard become a premier selling point in “Let Your Yard Help Your Home Sale, Not Kill It.” When you’re buying a home, make sure that you’re not falling into money trap when it comes to your new yard. Looking at yards from the buyer’s perspective is the focus of our final story, “Buyers: Beware of the Nightmare Yard.” Our Tip of the Month for April examines what you should know if you’re interested in buying a foreclosure, and look for our seasonal suggestion on what you can plant to maximize your garden for bird watching!
The HouseHunt Team - Information
you need for all your real estate needs
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Survey Question
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Seasonal
Suggestion
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Spring is steadily approaching, and many gardeners are considering what to plant this year. If you enjoy bird watching as well as gardening, consider planting bird-friendly plants or trees. Many plant species are visually appealing as well as attractive to birds. Some of the more popular bird-friendly plants include: more>>
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DIY Don’ts: Top 5 Projects
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Inexperienced DIYers can often run up against trouble, especially in these five common projects. more>>
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What You Need to Know to Go Solar
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As attention on global warming and energy consumption continues to increase, American homeowners are becoming more interested in doing their part. If you are interested in making your home solar-powered, here are a few things to know.
more>>
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Playing Landlord: Not as Easy as It Looks
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With the increase in foreclosures and tightening lending standards, rental-vacancy rates across the country are dipping and first-time investors are becoming first-time landlords. A recent Denver Post article shows that renting is more than just collecting a check every month. more>>
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Let Your Yard Help Your Home Sale, Not Kill It
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When selling your home, your yard can either help you or harm you. We’ll walk you through some do’s and don’ts when it comes to landscaping and successfully selling your home. more>>
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Buyers: Beware of the Nightmare Yard
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Among the many things buyers should scrutinize when shopping for homes is landscaping. Buyers can avoid trouble down the road if they spot landscape hazards now. more>>
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