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Saturday, March 30, 2013

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Does Your House Have Good Feng Shui?

Lisa Loper of the Scott Loper Team looks at an ancient Chinese art.

Feng Shui (fǝn shwā) noun: Literally translated means wind water - It is the ancient Chinese practice of positioning objects, such as buildings and furniture, based on a belief that the patterns of yin and yang and the flow of chi (energy) will have positive and negative effects on your life. To create positive Feng Shui in your home, you must allow for a free flow of chi (the energy which permeates the environment - when energy is in disarray, misfortunes rule the day) and have the yin and yang in a perfect cosmic balance.  The yin and yang energies “dance” together continually striving for the balance that brings harmony.  That harmony will result in a happier life, love, success and wealth. Yin is stillness - cool, dark, lifeless.  Yang…

Wednesday, January 23, 2013

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What Pre-Foreclosure Means

Lisa Loper of the Scott Loper Team explains a frequently misunderstood term in the real estate market.

We frequently have buyers asking us about pre-foreclosure homes that they found on the internet.  There are many sites that will give consumers this type of information.  Most of these homes are not listed for sale, but some buyers want to know if they can still see the property with the possibility of buying it. Pre-foreclosure simply means that a homeowner has fallen behind on their mortgage payments.  And while a foreclosure may eventually happen, at the current time, the home is still rightfully owned by the mortgagor (i.e. homeowner).  It does NOT mean that the home is available for sale.  In fact, that home may never be available for sale. In most cases, a homeowner does NOT want to sell OR lose their home to a foreclosure.  The …

Wednesday, January 9, 2013

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Sellers Beware

Lisa Loper of the Scott Loper Team shares an example why sellers need to be careful and not be drawn in by something that sounds too good to be true

There are many ways to sell a house: listing it with a REALTOR©, for sale by owner, the “We Buy Houses” quick sale businesses, real estate auctions, find a friend or relative willing to buy it ... When it comes to selling, there is no magic pill.  Time and again, no one is going to pay more than market value for your home but you can be sure, many people will gladly take a home off your hands if they can get it for well below market value. As a seller, it is critical to know the true market value for your home so 1) you don’t end up sitting on it forever waiting for it to sell at an unrealistic price and 2) so you don’t “give it away” by selling it for significantly less than it is worth.  Buyers need to be equally as careful so they do …

Wednesday, January 2, 2013

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What’s Popular in Home Decor in 2013

Lisa Loper of the Scott Loper Team discusses trends in home decorating that are popular now and will appeal to home buyers

Everything changes with time and history has a way of repeating itself, the smaller affordable homes of the last few years are giving way to the return of bigger and fancier as homebuyers are feeling more secure with their financial situation and simply worn down from frugal fatigue.  “Green” homes are still hugely popular as plastic and other artificial man-made products are taking a back seat to the more luxurious (and expensive) natural woods and stone.   The world didn’t end in 2012 but there were certainly enough headlines of human tragedies and natural disasters.  A general feel of “life is short” has moved homeowners to really start making a home uniquely theirs and add artwork, statues and fabrics that represent them and their …

Beth

1:21 pm on Monday, January 14, 2013

I love the new metal prints from www.freshsquared.com. They're modern and trendy and really easy to hang ( no framing required). Thanks, Beth   more ›

Wednesday, December 19, 2012

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With the Looming Fiscal Cliff, Do No Harm to Housing

Lisa Loper of the Scott Loper Team talks about a possible casualty of the Fiscal Cliff negotiations, the average American homeowner and their mortgage interest deduction.

As the Fiscal Cliff approaches, many reports speculate that reducing or eliminating the home mortgage interest deduction could be part of the deal brokered by Congress.  This would affect millions of homeowners who currently deduct their mortgage interest payments from their income taxes.  The National Association of REALTORS® opposes any change that would harm the housing market.  The mortgage interest deduction is vital to the stability of the American housing market and economy.  Ben Stein discussed this proposal recently on CBS Sunday Morning and referred to the “wisdom” of eliminating mortgage deduction as "foolish”: “If we could get housing roaring back, that would go a long way towards full recovery for our economy.  Obviously, …

Wednesday, October 31, 2012

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Would You Want to Live in a Haunted House?

Lisa Loper of the Scott Loper Team talks about the most famous “haunted house” in America

Most people would NOT want to live in a haunted house but one of the most influential people in the world does exactly that – the President of the United States. We thought it would be fun to share some of the stories about the most famous house in America – The White House and some of the ghosts who reportedly live there. For years, it has been rumored that the White House is haunted. Former presidents, residents, staff members, and visiting heads of state have reported sightings, eerie presences, and unexplained thumps, noises, and chills.  A house which holds so much history and powerful figures, the White House would be a likely place to find a few ghosts rattling around.  Here are the most commonly reported “ghostly inhabitants.” …

Thursday, October 18, 2012

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Are Zillow’s 'Zestimates' Accurate?

Lisa Loper of the Scott Loper Team discusses the advantages and disadvantages of Zillow’s Zestimates.

Zillow is a great tool for consumers to gauge home prices in their area or for an area that they are considering moving to.  Zillow tracks all the pertinent real estate information regarding listings and sales in the area.  They have complex mathematical models that provide an estimated home value for every single house, known as the Zestimate. However, while Zillow is able to access tax record information (such as age, lot size, square footage, number of bedrooms, bathrooms, size of basement, garage, etc), it has no mathematical way of assessing the condition of a home.  So a 20 year old 4BR/2.1 bath 3,000 sq ft colonial on one acre of land in Montgomeryville will have the same Zestimate even if one home has all new kitchen, baths, HVAC, …

hongfeng

8:58 pm on Sunday, January 13, 2013

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Wednesday, October 3, 2012

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Call to Action: Stop Unfair Mechanics’ Liens

Lisa Loper of the Scott Loper Team discusses a bill currently under consideration by the PA State Senate which affects all homeowners throughout the Commonwealth.

We urge you to contact your state senators and representatives to VOTE YES TO PENNSYLVANIA STATE SB 1495 which is an amendment to the Mechanics’ Lien Law of 1963.  This amendment protects homeowners from having liens placed on their property by subcontractors who have not been paid by the general contractor IF the homeowner has in fact paid the general contractor in full. Introduced by 14 members of the PA State Senate May 31st of this year with bi-partisan support, the Senate referred it to Labor and Industry but now it is back before the Senate for consideration. If it passes the Senate, it must also pass the House and then go to the Governor for final approval. Unsuspecting homeowners have mechanics' liens placed on their homes by …

Thursday, September 20, 2012

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New Construction Homes: Going At It Alone or With Representation?

Gina Wherry of RE/MAX Realty Group in Harleysville offers advice to potential and current homeowners in our area

Maybe you’ve noticed some newly constructed homes sprouting out of the ground in the Lansdale area over the last year and a half and more to be built are on the horizon.  One wonders if this is a sign of the real estate market making a full recovery?  Well, according to the National Association of Home Builders, the number of metropolitan areas experiencing signs of real estate improvement in September rose from 80 to 99 metro areas. The association feels that this is a slow but steady path of positive growth.   Our community is starting to see home builders increase their supply which may peak your interest in buying a newhome.  New construction is attractive, but certainly not for everyone, and can be confusing when it comes to making an…

Thursday, September 13, 2012

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Are Home Warranties a Good Investment?

Lisa Loper of the Scott Loper Team discusses home warranties.

A home warranty is similar to other warranties that you can purchase on something you buy.  However, a home warranty covers a variety of potential issues in a home.  Most home warranties are good for 1-year and include some deductible ($50-$75) for a service call.  If the serviceman can’t fix the problem, then the warranty will cover replacement of that item.  Policies can be renewed every year if desired. Coverage varies depending upon what level of coverage you purchase.  A basic home warranty will likely include repair or replacement of: › HVAC systems › Ductwork › Plumbing › Whirlpool, motor and pump › Plumbing stoppages › Water heaters › Electrical › Exhaust/Vent/Attic fans › Built-in microwave ovens › Dishwashers › Ranges/Ovens/…

linda spreeman

8:35 pm on Friday, September 14, 2012

The problem with home warranties is that some of these companies call in the "pre-existing condition" clause and then refuse to pay. Also, good luck getting someone out on a holiday and pray your heater doesn't decide to stop working on Christmas Eve. We were looking into various options when my daughter recently made a house purchase and the reviews of the main home warranty companies were not …   more ›

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