facebooktwittergoogle plus google plusReal Estate Blog YouTube My Escrow(800) 336-3629

HomeContact UsCommunity InfoNews & EventsEn Espanol

Category Archives: palmdale short sale

Fireplace Maintenance Checklist

As days get shorter and weather gets colder, we retreat indoors to the warmth of our homes and hearths. If you have a fireplace, fall is a great time to make sure the chimney and flue are in good working order. If your assessment uncovers any issues that gives you pause, call in a chimney professional to diagnose the problem before it gets big, expensive, and potentially dangerous.

 

Exterior
Visually assess the chimney from the outside. Is it leaning? Are there any chipped bricks or masonry joints? Do you see any cracks or holes? If your chimney is factory-built metal, look for any corrosion, stains, or loose sections. If your chimney is exposed to your attic, make sure to check there, as well. Look for any signs indicating that repairs are necessary.

Fireplace Maintenance Tips - Chimney Cap

Photo: Bat Guys

Chimney Cap
A good cap can reduce damage caused to a chimney by water and wildlife. Rain and snow can enter an uncapped chimney and subsequently freeze and thaw, causing expansion damage. Small wildlife can nest in chimneys, clogging them and potentially introducing fleas, ticks, worms and other disease-causing pests into the home. A chimney cap with screen mesh will keep animals out, while shielding your roof from embers and sparks.

Leaks and Stains
Inside the house, check the area around your chimney for any stains or dampness. These could be caused by faulty flashing around the chimney at the roof line, or by a damaged flue liner. If you see signs of water around your chimney, call a chimney professional right away.

Flue
Open the clean-out door from the base of the flue, located either in your basement or outside the house. Using a small mirror and flashlight to see up the flue, look for buildup of soot and also any cracks, holes, or separations. If in doubt, give your chimney professional a call for a good checkup and cleaning.

Fireplace Maintenance Tips - Wood burning fireplace

Photo: Fireplace Stop

Fireplace
Check the brickwork in your fireplace for wear. Check the damper, as well—it should open and close easily. Look into the smoke chamber above the damper to see if it has a buildup of soot. Again, call your chimney professional for service if you see any of those telltale signs.

Chimney safety should be a high priority for every homeowner. With regular maintenance, your fireplace and chimney can give you years of wonderful service. A chimney professional can spot things that even a diligent homeowner could miss. Call on a pro to do regular cleanings and safety checks as a part of your home maintenance routine. Then throw another log on the fire, sit back, and enjoy.

 

Article Credit: http://www.bobvila.com/blogs/fireplace-maintenance-checklist/

For more on fireplaces, consider:

Gas Fireplaces 101
12 “Different” Ways to Store Firewood
Quick Tip: Make Your Fireplace More Efficient

NEWS FLASH Call Your Member Of Congress Today To Protect The Mortgage Interest Deduction

NEWS FLASH

Call your member of congress today to protect the mortgage interest deduction
Congress, as part of negotiations on avoiding the “Fiscal Cliff,” has made direct references to
“closing loopholes” and “limiting deductions” as a way to raise revenues. Clearly, the mortgage
interest deduction is high on this list of revenue raisers.

Losing the mortgage interest deduction will disproportionately affect the middle class because a
larger proportion of the middle class takes the deduction. In California 89% of those who took
the mortgage interest deduction earned less than $200,000. Losing the deduction would cost
the average California taxpayer over $3,900.

What you can do to help:

Call Congress. First and foremost, we are urging the public to get involved by calling Congress
to ask that the mortgage interest deduction be preserved. The public may reach Congress by
calling 202-224-3121. The Capitol switchboard operator will help callers identify their member of
Congress and connect them.

The public can reach Congress by calling (202) 224-3121.

Monday-Friday from 9 a.m. – 6 p.m., Eastern Time.

Get the word out. Many people seem to be blissfully unaware that their mortgage interest
deduction is in danger. Please do the following to make sure that the message spreads.

1. Forward this message to your family, friends, and clients.

2. Post this information on your personal and office websites and blogs.

3. Share this information on Facebook and urge others to share it as well.

4. Tweet about it on Twitter and urge others to retweet. Use the hashtag: #keepthemid.

5. Link to the following web page: www.KeepTheMID.com. This site has information about
contacting Congress, more information on the MID, and links to articles.

6. As you see new information and articles, share these on all your social networking sites.
Watch a video about preserving the MID at http://bcove.me/vfsh7hh4

 

 

It Will Be Easier To Sell Homes In Short Sales Under New Guidelines Now In Effect.

It will be easier to sell homes in short sales under new guidelines now in effect.

In a short sale, a home is sold for less than the mortgage amount owed, with the lender’s permission. Short sales have been notoriously slow and complex. The new rules are designed to simplify the process and speed up short sales for loans owned or guaranteed by Fannie Mae and Freddie Mac.

Sellers Won’t Have to be Delinquent

A borrower who can prove a hardship that requires a home sale may qualify for a short sale, even if current on the house payments. These hardships include:

  • The death of an owner.
  • Divorce.
  • Disability.
  • The need to relocate more than 50 miles for a job transfer or a new job.

“I think the biggest impact of these new rules is that people won’t have to miss payments in order to be eligible for a short sale,” says Lisa Miclot, a real estate agent with Long & Foster Real Estate Inc. in Gainesville, Va. “A short sale will always cause your credit score to drop, but it’s much worse if you have several missed mortgage payments in addition to the short sale.”

Travis Hamel Olsen, co-president of the Loan Resolution Corp. in Scottsdale, Ariz., says the devil is in the details, though, because he wonders how hard it will be for some homeowners to prove they are in imminent danger of defaulting if they are current on payments.

Eliminating deficiency judgments

Miclot says that, under some conditions, Fannie Mae and Freddie Mac will waive the right to go after borrowers for the “deficiency” — the portion of the loan that goes unpaid after the home sale. To qualify for a waiver, the borrower will have to pay part of the deficiency or sign a contract promising to pay some of it.

“The idea is that if the borrowers have some money, such as $10,000, but not as much as the $100,000 gap between their home value and their mortgage, they can avoid future judgments by paying what they can now,” Miclot says.

Olsen says the idea behind the guidelines is just to make sure that homeowners have some “skin in the game” when it comes to a short sale.


Read more: http://www.foxbusiness.com/personal-finance/2012/11/01/fannie-freddie-rules-hasten-short-sales/#ixzz2DdG3QvfQ

Short Sale: Investor Opportunity

Hear how investors have found value in today’s real estate market. Experienced RE/MAX agents can help investors find short sale and distressed properties and identify ideal investment opportunities.

On The Street With RE/MAX

We let home buyers and sellers speak for themselves. Watch our On-the-Street man, RE/MAX ProfessionalsBroker/Owner Brad Whitehouse, poll downtown Denver to find out who is top of mind when it comes to real estate

.

Happy Thanksgiving From The RE/MAX All-Pro Family!

Tips for Successfully Marketing Your Home

Today more than ever homeowners need to focus on creating a comprehensive plan for marketing their property. Use this video to learn why RE/MAX agents are uniquely qualified to help you successfully market your home in today’s real estate market.

Short Sale: The Basics

Millions of homeowners are “under water” on their home loan and facing foreclosure. However, there are foreclosure alternatives. Learn more about the fastest growing alternative – Short Sales – and why this option is more attractive to both the homeowner AND the lender. Your qualified RE/MAX agent can guide you through the process.

 

RE/MAX Chairman Dave Liniger explains housing can help the overall economy

RE/MAX Chairman and Co-founder Dave Liniger, asks the presidential candidates to let housing help the economy (http://bit.ly/R2inNG) on Fox Business’s Markets Now – November 2, 2012.

 

Short Sale: Avoid Foreclosure

There may be another option to save you and your home from foreclosure. Short sales allow you to avoid foreclosure and salvage your credit. Contact a knowledgeable RE/MAX agent to find out more.