Thursday, July 22, 2010
Wednesday, July 21, 2010
Tuesday, July 6, 2010
How I Won a $50,000 Jackpot by Re-Financing My Home (And how you can too if you have a 5-7 year old mortgage)
15 year mortgage rates are at 4% today.
I was shocked at how low they were and decided to do a little investigating “just to see” if I could manage converting my 30 year loan to a 15 year one. If you’ve been in your loan for 5-7 years, and are at an interest rate of 6-7% you should run your numbers and see if a 15 year mortgage can save you a boatload of interest and knock significant years off your loan. Bet you it can!
Check out the tables below:
For a loan amount of $250,000
|Years||Rate||Monthly Payment||Interest over Life of Loan|
Now, lets take a look at these numbers if you’ve had your mortgage for 5 years…
By remortgaging the remaining balance, you’ll have a monthly payment of $1720, save $134,000 in interest, and pay off the original loan in 20 years as opposed to 30 years.
I seriously expected you to follow all that?
Let’s do it again for a loan amount of $150,000:
|Years||Rate||Monthly Payment||Interest over Life of Loan|
If you’ve had your mortgage for 5 years…
By remortgaging the remaining balance, you’ll have a monthly payment of $1035, saving $73,000 in interest, and pay off the original loan in 20 years as opposed to 30 years.
If you really study these numbers, the difference in the monthly payment really isn’t too enormous when compared to the amount of interest you’ll be saving, as well as the years you’ll knock off your loan.
Our in-house Mortgage Rep, Tom Fullen, hooked me up today, and always does a great job. I used Tom even before I started to work for Prudential and he always gets me a great rate, and gets the loans done.
Tuesday, June 15, 2010
Although I haven't been as active on Trulia, Zillow, or even ActiveRain as I have been in the past (Baseball season is a killer when you have two boys!) I do keep an eye on them every day. I may not be participating, but I'm watching. Something I see pop up all the time is "How do I buy a foreclosure in Bucks County?" or "How do I buy a short sale in Bucks County?"
- Run a search of homes that have been on the market 120 days or longer
- Look at homes that may be estate properties (typically outdated, but not trashed)
- Look at homes that have relocation addendums posted to the MLS
- Look at homes that have "motivated seller" in the comments
Saturday, June 12, 2010
- Nestled at the end of a dead end street
- Close to shopping and major roadways
- Almost completely remodeled
- Lighted horseshoe pits (whoot! whoot!)
- Large family room
- Beautifully remodeled eat-in kitchen
- Full finished basement
Monday, June 7, 2010
Thursday, April 8, 2010
Join me for a fabulous open house in Bucks County, Warrington Township, Central Bucks School District on this Sunday from 1-3 pm. Actually, this Sunday is National Open House Weekend, so there are going to be a lot of open houses in Bucks County on April 11th. However, the most rocking open house is definitely going to be at my 4 bedroom/3 FULL bath listing in Warrington:
What’s so rocking about this home?
The yard, definitely.
The location, certainly.
The spaciousness and condition of the home itself, ABSOLUTELY.
For more information about National Open House Weekend, Warrington, or Bucks County, shoot me an email. I hope to see you at the open house!
In the meantime, check out the virtual tour by clicking here.
Tuesday, March 9, 2010
Please join me at my open house and tour this gorgeous 4 bedroom, 3 bath home in Warrington Township / Central Bucks School District:
Monday, March 1, 2010
I'm going to try to do some monthly updates for all of you analytical types out there who need DATA and CHARTS to understand the real estate market in Bucks County and Council Rock School District. Here's a little secret - I can give you these stats for ANY area, school district, township, even zip code. Want to know about the real estate market in Pennsbury School District? Email me and I'll send it right out. Want to know about the real estate market in Doylestown? Email me and I'll send it right out. I've got your numbers, baby, you just need to let me know what numbers you want!
As a Realtor, I know all anyone really cares about is price, and Bucks County Median and Average prices are up from last year. YAY! Good news regarding Bucks County real estate prices! Looking at the chart below (click for a larger view), Bucks County median price is up 4% and the average home price in Bucks County is up 3% from last year.
Council Rock School District also saw an increase in the median home sale price... a considerable increase of 10%. The average sold home price in Council Rock decreased by 1%. I think this is due to a softening in the high end price point, which more greatly affects the the averages.
So, heartening news for home prices in Bucks County and Council Rock School District. I'm anxious to see how the early Spring selling season we've been enjoying will impact these numbers.
Remember, if you want to see how your little corner of the world is doing, just ask!
Tuesday, February 23, 2010
The other day, I met a few friends from grade school for lunch in Newtown. (By the way, how magical is Facebook for re-connecting? You can find me on there right here). We went back and forth about where to meet, but when one mentioned that she may want to have an...ahem..."adult" beverage, there was only one place to go.
18 South State Street
I got there a little early and sat at the bar to hang out until my girls came. Everyone is super-friendly and I got to talking with the bartender, Tim Gannon. We figured out that we used to work together in high school, so if you're local, you might know him. Tim is wicked-smart about beer, and was able to figure out what I would like, even though I have no idea of what kind of beer I drink (blinks vacantly). I heard Tim have a whole discussion with another customer about hops, wheat, something-else-that-I-have-no-idea-about. Smart dude. He works M-F starting at 11:30.
Check out their on-tap beer list (which is constantly changing):
(You can't see it, but the top right hand beer is Heavy Sea's Holy Sheet Belgian Ale. Hysterical.)
On top of the beer and mixed drinks, Isaac Newton's has amazing food, and their french fries with what I call "that delicious dipping sauce" are a must. My husband and I come here with the kids sometimes for dinner, and they do a really nice job with families - huge booths upstairs, fast service so the kids don't lose it, and great kid's meals.
So, with good food, a great beer selection, and knowledgeable staff, you can imagine Isaac Newton's is a pretty popular place. If you're in Newtown for the day, or looking for a place to meet up after work or for a casual date, it's a definite "must-try." I'm not the only one who thinks so...Isaac Newton's was just named the 9th best beer bar nationwide by www.ratebeer.com.
If Tim's there when you go, tell him I said "Hi," and make sure you get the fries!
Thursday, January 28, 2010
512-C Taylor Ave.
Open House Sunday 1/31 from 1-3 pm
This home is so special...at least I think so because its location very similar to my own home. It's tucked at the end of a small dead-end street and the location.....sigh. I live at the end of a dead-end street, and there is really nothing like it. Traffic? Uh, not unless you've invited them! The home has a yard made for enjoyment, with a 30' x 14' deck, above ground pool, and lighted horseshoe pits.
What is really wonderful is that all this privacy, and you are only minutes away from some seriously good shopping and restaurants. It's the perfect spot: privacy without isolation. You're going to love it...
And then you'll get to tour this great home and enjoy the equally show-stopping interior. This home underwent a major renovation around 4 years ago, so it feels very much like newer construction. Roof, siding, heater, Pella windows and doors...everything's been updated. Large rooms, and an open floorplan really fit today's Buyers. All this, and Central Bucks Schools.
I hope you'll visit me at the open house this weekend...I'll be holding one of the best in Bucks County :) You can find a listing of other open houses in Bucks County by going to Prudential Fox & Roach and clicking on the red "Open House" flag.
Take a look at the photos for 512-C Taylor Ave, and I'm sure you'll be impressed. See you at the open house!
Wednesday, January 6, 2010
"How can I find a good Agent?"
Agents, I guess, have a bit of a reputation for being dirtbags...who knew?
I've answered the "How do I find a good agent?" question several times on Trulia: most recently here, got into it a bit with another REALTOR here, and answered it circuitously here.
To break it down to the one critical question you should ask yourself about a real estate agent:
There are a lot of ways for people to be "good agents" and I believe there are many "good agents" here in Bucks County. Some agents think it's being a bulldog during negotiations. Some agents think it's knowing all the numbers. Some agents think it's having good professional practices. While I agree that most of these are necessary (except for the bulldog one - I think that's the absolutely WRONG way to do right by your client...but that's a different post) the bottom line for me is that I want my clients to trust me.
If I don't have that level of trust, then I'm not the right woman for the job. Now, trust is earned, and I earn that trust by doing things like: knowing what I'm talking about, actually putting my clients' best interest at heart, telling them the truth, etc.
So, when you're looking for an real estate agent in Bucks County, ask yourself the very fundamental question:
1. Proximity! Located just an hour away from Center City Philadelphia, or an hour and a half from New York, you won't waste your time travelling to your weekend home, you'll spend it enjoying it.
2. Scenic Location! This home is located on one of the most famous, scenic roads in Bucks County, but more than that, it's unique hilltop location is the perfect setting in which to spend your downtime in your weekend getaway. Far from the McMansions the pervade our suburbs, this historic cottage offers you something different.
3. Things to Do! In a short drive, you can enjoy shopping, dining and nightclubs in New Hope, taste local wines, tube on the Delaware, or explore Ringing Rocks Park. Head into Lumberville, and eat at the fabulous Black Bass Hotel, or explore Frenchtown, NJ. While there is much to do just a short distance away, this home is located outside the hustle and bustle of town; a perfect combination of solitude without isolation.
4. Low-Maintenance and Low-Carrying Costs! The gorgeous, naturalistic property offers plenty of outdoor living and entertaining space with absolutely no lawn to maintain. Inside, the kitchen and bath have both recently been renovated with energy efficient fixtures and appliances. The home is being sold fully furnished with wonderful, heirloom, eclectic pieces. In the winter there is a fireplace for warmth, and in the summer there is a wooded lot for cooling, making energy bills extremely reasonable. Taxes are only around $185/month!
5. Because of the charm! Honestly, it's the intangible that is the biggest draw to this home. It is so utterly charming and unique: the home, the location, the area itself...I recently took a walk along the canal, and there is just a different feeling to River Living in Bucks County. It truly is a local "vacation." You must visit it to truly appreciate how special this home is.
Oh, and the Seller is offering two new Simmons Natural Care by Danny Seo mattresses, so you'll never have to worry about "Who's been sleeping in my bed?" JACKPOT!