Kimberly Daeger, Realtor's Blog

Charming Home For Sale, 619 Carlisle Ave, Dayton OH, $88,000

Kimberly Daeger, Realtor (Real Living Realty Services, Inc) — Sat, 07 Mar 2009 21:38:08 -0800

You will fall in love with this charming home with beautiful hardwood floors and door frames; full finished basement and finished attic (both with heating/air and basement with full bath; attic is spacious w/ great lighting, so perfect for an extra room); spacious kitchen with breakfast room; deck overlooking a nice sized yard with privacy fence; newer vinyl windows, furnace & AC, dual-range, dishwasher, fridge, automatic in-ground sump pump, whole house humidifier, and garbage disposal. A lot of charm and living space for the price, so don't miss this one! Go to http://619CarlisleAve.RealLiving.com for pictures and other helpful informations. Open House Mar 15, 1:00-4:00.

Single Family
Traditional
3 Bedrooms
2 Full Bathrooms
11 rooms
Garage: 1 car, detached, opener, storage
Cable TV
Deck

Fence
Porch
Heating: Forced Air, Gas Natural, Humidifier
Cooling: Central
Basement: Finished, Full
Construction: Aluminum
1550 Square Feet
Semi-Annual Taxes: $791
County: Montgomery

School District: Dayton City Sd
Built in: 1913
Garbage Disposal
Dishwasher
Refrigerator
Range

Kimberly Daeger, Realtor Service Excellence for Buyers and Sellers Real Living Realty Services, Inc. Cell: 937.545.6294 kimberly.daeger@realliving.com www.realliving.com/kimberly.daeger

Economic Stimuls Plan & Home Buyer Credit

Kimberly Daeger, Realtor (Real Living Realty Services, Inc) — Sat, 14 Feb 2009 14:43:33 -0800

As promised, here's an update on the economic stimulus plan as it relates to home purchases.

This package includes a tax credit of the lesser of $8,000 or 10% of the purchase price of a home for first-time homebuyers (first purchase ever or have not owned a primary residence in the three years prior). First of all, the credit has been raised to $8,000 and doesn't require a payback-classifying it as a true credit (requires pay back only if you sell the home within three years of purchase). This means it will be easier to sell your home with more buyers in the market and, if you're buying a home, you may be eligible for the tax credit too.

This tax credit is also refundable, which means if you subtract your tax liability from $8,000, you receive a credit. However this is assuming you purchase a home that's at least $80,000 (since $8,000 is 10% of the purchase price). For example: If you have a tax liability of $3,000, you will receive a $5,000 credit. If you have no tax liability, you receive an $8,000 credit. If you are due a tax refund of $1,000, you'll receive a $9,000 credit.

See the chart below for more details, including income limitations and a comparison with the 2008 package. Call me today to take advantage of this great offer.

Kimberly Daeger, Realtor Service Excellence for Buyers and Sellers Real Living Realty Services, Inc. Cell: 937.545.6294 kimberly.daeger@realliving.com www.realliving.com/kimberly.daeger

FIRST-TIME HOMEBUYER TAX CREDIT

As Modified in the American Recovery and Reinvestment Act

Major Modifications Bolded

February 2009

Feature	CREDIT AS CREATED JULY 2008 APPLIES TO ALL QUALIFIED PURCHASES ON OR AFTER APRIL 9, 2008	REVISED CREDIT - EFFECTIVE FOR PURCHASES ON OR AFTER JANUARY 1, 2009 AND BEFORE DECEMBER 1, 2009
Amount of Credit	Lesser of 10 percent of cost of home or $7500	Maximum credit amount increased to $8000
Eligible Property	Any single family residence (including condos, co-ops, townhouses) that will be used as a principal residence.	No change All principal residences eligible.
Refundable	Yes. Reduces (or can eliminate) income tax liability for the year of purchase. Any unused amount of tax credit refunded to purchaser.	No change Purchasers will continue to receive refund for unused amount when tax return is filed.
Income Limit	Yes. Full amount of credit available for individuals with adjusted gross income of no more than $75,000 ($150,000 on a joint return). Phases out above those caps ($95,000 and $170,000).	No change Same income limits continue to apply.
First-time Homebuyer Only	Yes. Purchaser (and purchaser's spouse) may not have owned a principal residence in 3 years previous to purchase.	No change Still available for first-time purchasers only. Three-year rule continues to apply.
Revenue Bond Financing	No credit allowed if home financed with state/local bond funding.	Purchasers who utilize revenue bond financing can use credit.
Repayment	Yes. Portion (6.67% of credit or $500) to be repaid each year for 15 years, starting with 2010 tax filing.	No repayment for purchases on or after January 1, 2009 and before December 1, 2009
Recapture	If home sold before 15-year repayment period ends, then outstanding balance of repayment amount recaptured on sale.	If home is sold within three years of purchase, entire amount of credit is recaptured on sale. Applies only to homes purchased in 2009.
Termination	July 1, 2009 (But note program changes for 2009)	December 1, 2009
Effective Date	Purchases on or after April 9, 2008 and before January 1, 2009. Repayment to begin for 2010 tax year.	All revisions are effective as of January 1, 2009

Make a Difference: Vote "Yes" to the Economic Stimulus Plan

Kimberly Daeger, Realtor (Real Living Realty Services, Inc) — Tue, 10 Feb 2009 18:58:14 -0800

As I wrote the other day, the Senate has passed its version of the Economic Stimulus Plan, which includes a tax credit of up to $15,000 for all home purchases. The House and Senate will now begin negotiations on a Conference report that both Chambers will need to approve for passage.

YOU can make an impact on the outcome by making an important phone call to your U.S. Representative TODAY. Please call and urge your Representative to speak to Chairman Charles Rangle, Chairman of the House Ways and Means Committee, and urge him to retain the Senate tax credit language in the final stimulus bill. You can reach your Representative's office easily by calling the Capitol Hill Switchboard at: 202-224-3121. If your Representative is not able to take your call personally, ask to speak with the staff person responsible for the stimulus plan. If you're not sure who your representative is, you can go to http://www.house.gov/ and enter your zip code in the upper left corner.

Time is of the essence. The House and Senate will immediately begin work to finalize the Economic Stimulus plan and send on to the President for his signature as quickly as possible.

This is truly what makes our country the greatest - the ability for all of us to make a difference in the political process! But it does require you to participate!

Kimberly Daeger, Realtor Service Excellence for Buyers and Sellers Real Living Realty Services, Inc. Cell: 937.545.6294 kimberly.daeger@realliving.com www.realliving.com/kimberly.daeger

Senate Approves $15,000 Tax Credit to ANYONE buying a house in 2009

Kimberly Daeger, Realtor (Real Living Realty Services, Inc) — Thu, 05 Feb 2009 20:16:59 -0800

As everyone has probably heard, Congress is working on ways to stimulate the housing market. We're hearing great news already! Just yesterday, the Senate passed a $15,000 tax credit (10% of purchase price or $15,000, whichever is less) for ANYONE buying a house in the next year. If it goes all the way through, anyone can qualify (not just first time home buyers as in the 2008 package), the credit would NOT have to repaid (unlike the 2008 package which must be repaid in 15 yrs), and it can be claimed on your 2008 tax return. This is something you want to watch. The stimulus package has not been fully approved so things can change. I'll be keeping an eye on it!

Check out the link to the press release congress issued last night.

http://isakson.senate.gov/press/2009/020409housing.htm

If you're in the market to buy a home, now's the time. Feel free to contact me to help you find that perfect home and to help you through the entire process. Also feel free to search for a home on my web site and request a showing. I can also help sell your current home, so give me a call today.

Kimberly Daeger, Realtor Service Excellence for Buyers and Sellers Real Living Realty Services, Inc. Cell: 937.545.6294 kimberly.daeger@realliving.com www.realliving.com/kimberly.daeger

Investment Opportunity

Kimberly Daeger, Realtor (Real Living Realty Services, Inc) — Mon, 17 Nov 2008 21:20:06 -0800

Check out my newest listing, at 1929-1931 S. Zimmerman Rd in Fairborn, OH. This unique, side-by-side offers a great opportunity as investment property or owner occupied in one unit and income potential with the second unit (or other use as owner desires--many options available!). Units currently used for investment, 100% occupancy, $435/mo rent each. Positive cash flow! Within minutes of Wright State University, the Air Force Base, and lots of shopping. Owner has made many upgrades to property since 2004, so not much for a new owner to do! Land contract will be considered. Go to http://www.realliving.com/Kimberly.Daeger/MyListings.asp for more pictures or contact me for more information or to see this property. Listed in Dayton MLS as 424393 (also 424633 as a single-family with income potential).

Multi-Family
Built in: 1949
Garage: 2 car, attached, detached, storage
Gross Income: $10,440
Net Operating Income: $7,247
Cable TV

Fence
Porch
Storage Shed
Occupancy Rate: Tenant
Lot Dimensions: 73X101X64X112
Heating: Forced Air, Gas Natural

A/C: Central
Consruction: Block, Brick, Frame, Vinyl
Number of Units: 2
Semi-Annual Taxes: $770
Distance from Pub Trns: -

Kimberly Daeger, Realtor Service Excellence for Buyers and Sellers Real Living Realty Services, Inc. Cell: 937.545.6294 kimberly.daeger@realliving.com www.realliving.com/kimberly.daeger

Loan Pre-Qualification vs Loan Pre-Approval

Kimberly Daeger, Realtor (Real Living Realty Services, Inc) — Wed, 05 Nov 2008 16:03:44 -0800

Do you know the difference between being pre-qualified and pre-approved for a home loan? There's a very important distinction, which can make or break a home deal for a buyer or seller. This means your loan application has actually been through an underwriter, and all they're waiting on is the exact property...so when you do find that perfect home, financing piece should be a snap (unless, of course, something negative has happened with your finances in between). As a home buyer, you need to be pre-APPROVED for a loan; as a seller, you need to make sure your buyer is pre-approved. To find out more about loans, contact my Real Living Mortgage consultant at http://www.realliving.com/Kimberly.Daeger/LoanPre-Approval.asp. While there, feel free to search for your next home, request the value of your home, and much more.

Kimberly Daeger, Realtor Service Excellence for Buyers and Sellers Real Living Realty Services, Inc. Cell: 937.545.6294 kimberly.daeger@realliving.com www.realliving.com/kimberly.daeger

Your Home's Value

Kimberly Daeger, Realtor (Real Living Realty Services, Inc) — Fri, 31 Oct 2008 01:00:37 -0700

So what exactly is the value of your home? Well, it depends. If you're asking how much you think you could get for your home if you put it on the market, then the answer would be that the value is what today's buyer is willing to pay for it. I emphasize "today's" because the same house might sell for much less now than it would in the next few years (when the market is back up). Also note that it's the buyers (i.e., the market) that determine the value of a home-not you, the owner, and not me as a Realtor (i.e., my personal opinion). As a Realtor, my job is to give you an honest assessment, through a Comparative Market Analysis (CMA), of what I think your home is worth in today's market. If you'd like to know the value of your home, go to http://www.realliving.com/Kimberly.Daeger/RequestCMA.asp. If you're considering selling your home, pricing it right is of the utmost importance, and I can help you do just that.

Kimberly Daeger, Realtor

Service Excellence for Buyers and Sellers

Real Living Realty Services, Inc.

Cell: 937.545.6294

kimberly.daeger@realliving.com

www.realliving.com/kimberly.daeger

Renovation Loans

Kimberly Daeger, Realtor (Real Living Realty Services, Inc) — Fri, 31 Oct 2008 00:39:54 -0700

Did you know that homeowners now have loan choices developed specifically to help them finance a home improvement project, whether it be repairs, updates, or improvements (including making a home more energy efficient due to rising energy costs)? In the past, financing options were limited, especially if the owner didn't have sufficient equity. Renovation loans give owners options when it comes to fixing a house that isn't perfect.

The Federal Housing Administration's (FHA) Streamlined (k) Limited Repair Program is one of the more popular renovation loans. It is generally used to update or improve a house or condominium needing essential repairs such as new wiring, plumbing and roof repair or replacement. The program is intended for uncomplicated rehabilitation or improvements to a home for which plans, consultants, and architects are not required. Homeowners can borrow up to $35,000. Other renovation loan programs offer higher loan limits, allowing owners to obtain more financing toward the refinancing and improvement of property. In addition to essential repairs, these loan programs sometimes can allow financing for luxury items such as swimming pools, hot tubs and sun rooms.

Contact me today to find out more.

Kimberly Daeger, Realtor

Service Excellence for Buyers and Sellers

Real Living Realty Services, Inc.

Cell: 937.545.6294

kimberly.daeger@realliving.com

www.realliving.com/kimberly.daeger

Conserve Energy and Save Money

Kimberly Daeger, Realtor (Real Living Realty Services, Inc) — Thu, 30 Oct 2008 11:52:21 -0700

Just a friendly reminder to close your storm windows now that it's getting cold. I'd been running my heat for about a week before I relaized I hadn't done this (started to wonder why my house wasn't staying warm). Stay warm!

Kimberly Daeger, Realtor

Service Excellence for Buyers and Sellers

Real Living Realty Services, Inc.

Cell: 937.545.6294

kimberly.daeger@realliving.com

www.realliving.com/kimberly.daeger

Home Prices Going Down

Kimberly Daeger, Realtor (Real Living Realty Services, Inc) — Thu, 30 Oct 2008 11:44:57 -0700

Just today, the price of 120 homes in the Dayton, OH area was reduced due to the competition. That's great news for buyers! Want to know what's available? Go to http://www.realliving.com/Kimberly.Daeger/LocalHomes.asp to search for your next home. The other great news is that you can have a professional on your side throughout the home buying process; someone who will look out for your best interests. Contact me today, and I'll help you streamline your home search, research "comparable" properties to determine a fair price and terms (this is extremly important, especially in today market), negotiate for the price, terms and conditions that are agreeable to you, prepare your Purchase Agreement and accompanying legal documents, and follow up with your mortgage lender, the title company, the seller's agent and others until the house is yours (and yes, we have in-house mortgage and title available to you for convenient, one stop shopping). Happy home buying!

Kimberly Daeger, Realtor

Service Excellence for Buyers and Sellers

Real Living Realty Services, Inc.

Cell: 937.545.6294

kimberly.daeger@realliving.com

www.realliving.com/kimberly.daeger

Tumbling Gas Prices

Kimberly Daeger, Realtor (Real Living Realty Services, Inc) — Mon, 27 Oct 2008 14:50:56 -0700

Isn't it a relief to see gas prices going down...and down? I know I'm relieved, especially being in a business that involves a lot of driving. Going over $50 for a tank of gas was downright frightening (and I can only imagine how much SUV owners were paying). Current prices are the lowest they've been since early 2006 according to DaytonGasPrices.com. If you plan well (i.e., don't wait until you're below "E" to fill up--like I do many times), you can make it to a gas station that may have a better price than others (or if you're traveling, plan your trip--because we all that just crossing a State line can make a big difference). Look up gas prices at GasBuddy.com (Dayton gas prices, go directly to DaytonGasPrices.com). Be safe out there.

Kimberly Daeger, Realtor

Service Excellence for Buyers and Sellers

Real Living Realty Services, Inc.

Cell: 937.545.6294

kimberly.daeger@realliving.com

www.realliving.com/kimberly.daeger

Take a Moment to Recognize Deserving Individuals

Kimberly Daeger, Realtor (Real Living Realty Services, Inc) — Mon, 27 Oct 2008 10:26:30 -0700

We're all familiar with the great sense of pride owning your own home instills in all of us. It's one of those "rights of passage" we all know and love. We also know that being able to accomplish this is harder for some than others, but the importance of this is just the same. Because of this, a partnership of real estate associations created the Hope Award (Home Ownership Participation for Everyone) in 2001 to recognize those individuals or organizations who have made outstanding contributions to increasing minority homeownership, revitalizing communities and expanding affordable housing opportunities. If you know someone who's deserving of this award, now's the time to submit him or her for a HOPE Award. Individuals, nonprofit and for-profit organizations, and state and local agencies are eligible. Self-nominations are encouraged. Applications will be accepted until December 5, 2008. For all the details, go to http://www.hopeawards.org/hope/submission_categories.htm Let's take the time to recognize those who make a difference!

Kimberly Daeger, Realtor

Service Excellence for Buyers and Sellers

Real Living Realty Services, Inc.

Cell: 937.545.6294

kimberly.daeger@realliving.com

www.realliving.com/kimberly.daeger

Check Your Credit Report

Kimberly Daeger, Realtor (Real Living Realty Services, Inc) — Sat, 25 Oct 2008 23:13:09 -0700

Fellow Consumers,

I wanted to take a moment to emphasize the importance of checking your credit report at least once a year because you never know what might be there. Just in the last couple weeks I have been considering buying a home, and I started talking with our in-house mortgage consultant. I told her I had a great credit and that I didn't have any adverse information. Well, guess what! Four (yes, four) recent, derogatory (yet erroneous) entries were on my report that prevented her from getting me approved for a loan. I was stunned to say the least. Luckily, I've been able to fairly quickly resolve these issues. Please stay on top of your credit report so that when the time comes to make a purchase, financing won't be an issue. Happy financing!

Looking to Buy a Home?

Kimberly Daeger, Realtor (Real Living Realty Services, Inc) — Fri, 24 Oct 2008 17:10:57 -0700

Would you like to own a home? This is a great time to make a home purchase. We're in a buyer's market, which is good news for you! A buyer's market means a good inventory of homes, lower prices, and good interest rates. In addition, if you're a first time homebuyer (have never owned a home or not in the last three years), you could qualify for up to $7,500 in tax credit (an interest free loan that you have 15 years to pay off). Owning your own home comes with a lot of benefits, along with that great sense of pride. Don't miss this opportunity! Kimberly Daeger, Realtor, Real Living Realty Services. (937) 545-6294, kimberly.daeger@realliving.com, www.realliving.com/kimberly.daeger