Sandra's Blog

Remember to Seal Up Cracks and Gaps to Save On Energy Bills

Sandra Thomas (Coldwell Banker) — Tue, 01 Dec 2009 12:31:46 -0600

If you were to measure the total space of the cracks, gaps and holes around the perimeter of an average home, you would find a hole that is roughly three feet square. Imagine how much heat can escape, or moisture can enter, through a space that large. To prevent these problems, inspect the perimeter of your home and apply caulking or weather-stripping wherever necessary. Both caulking and weather stripping can reduce the flow of cold air in, warm air out, and ultimately cut energy costs.

How to Caulk: Clean surface by removing dirt, loose paint and old caulk, and thoroughly dry the surface. Determine which caulk to use based on the size of the crack or gap and the surrounding material. Cut the tip off of a tube of caulking at a 45° angle and load it into a caulking gun. The nozzle is tapered, so the amount you cut off determines whether you have a thin, medium or heavy bead of caulk. Cut near the narrow end for a narrow bead or further up for a wider bead. Use a long nail to break the inner seal and to plug the nozzle when finished. Apply caulk by laying a uniform bead of caulk that overlaps both sides, and completely fills, the crack. Remove excess caulking and allow it to dry. Weather-stripping: Apply weather-stripping at joints where two surfaces meet, such as around windows and doors, to provide an airtight seal. There are a few different types of weather stripping and each has its benefits and drawbacks. Once you choose the appropriate weather stripping, follow the instructions for proper application.

Tape - lasts only one year and should only be used on windows or doors that will not be opened. Tends to dry and loosen within one season
Felt - lasts one or two years and should be used on the top and/or sides of doors or window frames for sealing gaps of uniformly narrow width
Foam - This is known as “backer rod” and looks like a foam tube in a roll. It comes in different diameters and lasts one or two years. Use on the bottom of window sashes or around the frames of warped or loose-fitting doors and windows

Have you forgotten your savings bonds?

Sandra Thomas (Coldwell Banker) — Thu, 15 Oct 2009 19:46:03 -0500

Could you have a hidden savings account in old or lost savings bonds?

(NAPSA) A growing number of Americans are engaged in a treasure hunt and some in are in their own home. They're looking for U.S. Savings Bonds, the Series E in particular. The good news is that there's a new website designed to help them in their search.

Series E U.S. Savings Bonds that are at least 30 years old (that's nearly all E bonds) have stopped earning interest. That means bond holders can actually lose money to inflation by not cashing them, so it's in the interest of bond holders to find the bonds and get the cash.

Many of these bonds are worth at least four times their face value and sometimes much more. For example, a $100 Series E bond bought for $75 in 1960 is worth more than $700 today.

So why aren't people cashing their bonds? In many cases, they have simply been forgotten. A great number of baby boomers now in their 50s and 60s may have received the bonds when they
were children as graduation or birthday gifts, or bought them using savings stamps at school. Or they may have purchased them through the Payroll Savings Plan when they first started working.

While it's a smart idea to start your search for bonds in old family "hiding places," you can also visit
www.treasuryhunt.gov. The U.S. Department of the Treasury created the site to help people locate unredeemed mature bonds.

If the bonds were purchased in 1974 or later, you just have to enter the Social Security number of the owner or purchaser. The Treasury Hunt database will match the number against unredeemed bonds. There are also instructions on the site for finding bonds issued before 1974.

For the vast majority of owners, cashing bonds will not affect their tax rate, but may provide an after-tax windfall. Federal income taxes are only due on the interest earned, while bonds are completely free of state and local income taxes.

You can find out more about unredeemed savings bonds, including how to cash them at your local financial institution, by visiting www.treasuryhunt.gov. You'll also find a calculator there that tells you how much old bonds can be worth.

It's in the interest of those holding Series E Savings Bonds to cash them if the bonds have reached maturity. Otherwise, they may lose money due to inflation.

www.sandrathomassells.com

FTC issues ban on prerecorded sales calls

Sandra Thomas (Coldwell Banker) — Wed, 30 Sep 2009 20:08:38 -0500

The Federal Trade Commission's ("FTC") rules banning prerecorded sales calls made without a consumer's written consent took effect on Sept. 1, 2009. Additionally, the charge for accessing the federal "Do Not Call" registry will slightly increase on Oct. 1, 2009. Below is a brief summary of the changes.

First, the FTC amended its rules last year to prohibit telemarketing sales calls through prerecorded messages, whether the call is answered by a consumer or by an answering machine, unless the seller has previously obtained the recipient's signed, written agreement to receive such calls. The consumer's permission may be obtained electronically through a lawful e-signature. The rule does not prevent companies from making prerecorded messages that are informational in nature, such as calls that reconfirm appointments or reservations. All prerecorded sales calls must also contain an automated opt out mechanism that is provided at the beginning of a prerecorded message.

Second, the fee for accessing the Registry for specific area codes rises from $54 to $55 and the total cost for the whole Registry increases to $15,058. Last year, the law implementing the Registry linked the Consumer Price Increase index to the access fee cost, and so the access fees will increase as the CPI increases. The new access fees reflect the slight rise in the CPI over the past year.

www.sandrathomassells.com

Mosquitos and the West Nile Virus

Sandra Thomas (Coldwell Banker) — Fri, 17 Jul 2009 08:33:31 -0500

One of my housing inspectors while traveling to an inspection heard on the radio that West Nile virus was found here in Ohio, Franklin County to be more precise. This virus is transmitted via mosquitos which can be greatly reduced in number by a few simple steps. Mosquitoes lay up to 250 eggs at a time in still water, which will hatch in 7 to 10 days. If standing water is eliminated weekly, many mosquitoes will be kept from breeding in the first place, eliminating the need to use pesticides against adult mosquitoes.

Remove standing water in ditches, clogged rain gutters, flower pots, plant saucers, puddles, buckets, jars and cans. Also check kid toys left outside for water. Clogged gutters or gutters with poor slopes are the source of standing water I see frequently. If you have this issue get the gutters cleared and correct the slope.

http://www.kingthompson.com/Property/propertyResults.aspx?SearchID=2408895&CallingPage=3&abrand=9824&agent=9824

First-Time Homebuyers Have Several Filing Options

Sandra Thomas (Coldwell Banker) — Fri, 17 Jul 2009 08:27:51 -0500

Per IR-2009-27, March 18, 2009 - For people who recently purchased a home or are considering buying in the next few months, there are several different ways that they can get this tax credit.

The filing options to consider are:

File an extension. Taxpayers who haven't yet filed their 2008 returns but are buying a home soon can request a six-month extension to October 15. This step would be faster than waiting until next year to claim it on the 2009 tax return. Even with an extension, taxpayers could still file electronically, receiving their refund in as few as 10 days with direct deposit.
File now, amend later. Taxpayers due a sizable refund for their 2008 tax return but who also are considering buying a house in the next few months can file their return now and claim the credit later. Taxpayers would file their 2008 tax forms as usual, then follow up with an amended return later this year to claim the homebuyer credit.
Amend the 2008 tax return. Taxpayers buying a home in the near future who have already filed their 2008 tax return can consider filing an amended tax return. The amended tax return will allow them to claim the homebuyer credit on the 2008 return without waiting until next year to claim it on the 2009 return.
Claim the credit in 2009 rather than 2008. For some taxpayers, it may make more financial sense to wait and claim the homebuyer credit next year when they file the 2009 tax return rather than claiming it now on the 2008 tax return. This could benefit taxpayers who might qualify for a higher credit on the 2009 tax return. This could include people who have less income in 2009 than 2008 because of factors such as a job loss or drop in investment income.

For more information: http://www.kingthompson.com/agentoffice/agentdetail.aspx?abrand=9824&agent=9824

Understanding the 2009 First Time Home Buyer Tax Credit

Sandra Thomas (Coldwell Banker) — Fri, 17 Jul 2009 08:23:54 -0500

Ever since the housing bubble burst and the current recession began in late 2007, the federal government has been seeking ways to reinvigorate the slumping housing market. Beginning in 2008, first time homebuyers became eligible for a $7,500 maximum tax credit to help in the purchase of their home. Unfortunately, this credit had to be repaid over the course of 15 years. In other words, someone could claim a $7500 tax credit on their tax return but then would have to add $500 to their tax liability in each of the next 15 years!

This has changed for the better under the terms of this year's economic stimulus package. According to the IRS, under the American Recovery and Reinvestment Act of 2009 qualified first-time homebuyers who purchase a home before December 1, 2009, are eligible to receive a tax credit of up to $8,000, and unlike the previous tax credit I talked about above, people can claim the credit either on their 2008 tax returns due April 15 or on their 2009 tax returns next year, and they do not have to repay the credit, provided the home remains their main home for 36 months after the purchase date.

Let's dig into the basics of this tax credit a little further with some basic FAQ's that will help you understand the full scope of how this credit works: (source: http://www.nahb.org/)

Who is eligible to claim the tax credit?
First-time homebuyers purchasing any kind of home-new or resale-are eligible for the tax credit. To qualify for the tax credit, a home purchase must occur on or after January 1, 2009 and before December 1, 2009. For the purposes of the tax credit, the purchase date is the date when closing occurs and the title to the property transfers to the homeowner.

What is the definition of a first-time homebuyer?
The law defines "first-time home buyer" as a buyer who has not owned a principal residence during the three-year period prior to the purchase. For married taxpayers, the law tests the homeownership history of both the homebuyer and his/her spouse.

For example, if you have not owned a home in the past three years but your spouse has owned a principal residence, neither you nor your spouse qualifies for the first-time homebuyer tax credit. However, unmarried joint purchasers may allocate the credit amount to any buyer who qualifies as a first-time buyer, such as may occur if a parent jointly purchases a home with a son or daughter. Ownership of a vacation home or rental property not used as a principal residence does not disqualify a buyer as a first-time homebuyer.

How does someone claim the tax credit? Participating in the tax credit program is easy. You claim the tax credit on your federal income tax return. Specifically, homebuyers should complete IRS Form 5405 to determine their tax credit amount, and then claim this amount on line 67 of the 1040 income tax form for 2009 returns (line 69 of the 1040 income tax form for 2008 returns). No other applications or forms are required, and no pre-approval is necessary. However, you will want to be sure that you qualify for the credit under the income limits and first-time homebuyer tests. Note that you cannot claim the credit on Form 5405 for an intended purchase for some future date; it must be a completed purchase.

How is the amount of the tax credit determined?
The tax credit is equal to 10 percent of the home's purchase price up to a maximum of $8,000.

Are there any income limits for claiming the tax credit?
Yes. The income limit for single taxpayers is $75,000; the limit is $150,000 for married taxpayers filing a joint return.

What types of homes will qualify for the tax credit?
Any home that will be used as a principal residence will qualify for the credit. This includes single-family detached homes, attached homes like townhouses and condominiums, manufactured homes (also known as mobile homes) and houseboats. The definition of principal residence is identical to the one used to determine whether you may qualify for the $250,000 / $500,000 capital gain tax exclusion for principal residences.

It is important to note that you cannot purchase a home from your ancestors (parents, grandparents, etc.), your lineal descendants (children, grandchildren, etc.) or your spouse. Please consult with your tax advisor for more information. Also see IRS Form 5405.

What is the $10,000 tax credit that I've heard about? Californians can take advantage of a state tax credit passed by the state legislature as part of the budget deal in February. This $10,000 credit applies to homebuyers who purchase a newly built home as their primary residence between March 1, 2009 and March 1, 2010. Unlike the $8,000 federal credit, the California credit is not limited to first-time homebuyers!

If I've already filed to receive the $7,500 tax credit on my 2008 tax returns for a home purchased in 2009, can I claim the new $8,000 tax credit instead?
Yes, homebuyers in this situation may file an amended 2008 tax return with a 1040X form. You should consult with a tax advisor to ensure you file this return properly.

I bought a home in 2008. Do I qualify for this credit?
No, but if you purchased your first home between April 9, 2008 and January 1, 2009, you may qualify for a different tax credit. Please consult with your tax advisor for more information.

Is there any way for a homebuyer to access the money allocable to the credit sooner than waiting to file their 2009 tax return?
Yes. Prospective homebuyers who believe they qualify for the tax credit are permitted to reduce their income tax withholding. Reducing tax withholding (up to the amount of the credit) will enable the buyer to accumulate cash by raising his/her take home pay. This money can then be applied to the down payment.

Buyers should adjust their withholding amount on their W-4 via their employer or through their quarterly estimated tax payment. IRS Publication 919 contains rules and guidelines for income tax withholding. Prospective homebuyers should note that if income tax withholding is reduced and the tax credit qualified purchase does not occur, then the individual would be liable for repayment to the IRS of income tax and possible interest charges and penalties.

In addition, rule changes made as part of the economic stimulus legislation allow homebuyers to claim the tax credit and participate in a program financed by tax-exempt bonds. As a result, some state housing finance agencies have introduced programs that provide short-term second mortgage loans that may be used to fund a down payment. Prospective homebuyers should check with their state housing finance agency to see if such a program is available in their community.

The Secretary of Housing and Urban Development has announced that HUD will allow "monetization" of the tax credit. What does that mean?
It means that HUD will allow buyers using FHA-insured mortgages to apply their anticipated tax credit toward their home purchase immediately rather than waiting until they file their 2009 income taxes to receive a refund. These funds may be used for certain down payment and closing cost expenses.

Under the guidelines announced by HUD, non-profits and FHA-approved lenders will be allowed to give homebuyers short-term loans of up to $8,000.

The guidelines also allow government agencies, such as state housing finance agencies, to facilitate home sales by providing longer-term loans secured by second mortgages.

Housing finance agencies and other government entities may also issue tax credit loans, which home buyers may use to satisfy the FHA 3.5 percent down payment requirement.

In addition, approved FHA lenders will also be able to purchase a homebuyer's anticipated tax credit to pay closing costs and down payment costs above the 3.5 percent down payment that is required for FHA-insured homes.

Reclaimed and Salvaged Wood and Building Material

Sandra Thomas (Coldwell Banker) — Sat, 11 Jul 2009 19:08:27 -0500

Reclaimed Wood

You can't buy old growth wood at your local building supply,
but it was the standard material a century or so ago. Thanks
to a renewed appreciation for the quality of old wood and the
eco-conscious desire to reuse it, you can buy reclaimed wood
from de-constructed homes, barns and old factories. Reclaimed
wood is centuries old and rich with resin and the patina that
only comes from age. This wood was center-cut from trees that
grew slowly in dense forests, producing tight inner rings that
yield strength and beauty that current fast-growth trees can
never rival. The reclamation process of removing nails, sawing
and re-milling old wood is usually more expensive.

Reclaimed wood is a worthy investment for any home, but if
your budget will not allow for it, you might obtain it by good
old initiative and sweat equity. Ask friends, put an ad in the
paper or online like Craigslist, and take frequent drives in
the country looking for falling-down structures. Ask the owner
of such a structure if he will allow you to take the wood in
exchange for cleaning up the site.

Be forewarned that deconstruction is a huge and sometimes
dangerous undertaking, and it helps if you know what you are
doing. Wear safety gear and gather several friends who will
share the proceeds for their help and contribution of
equipment needed, like a tractor, trucks, pry bars and claw
hammers. Make sure that you make safety your number one
priority.

Salvaged Building Material Suppliers

Baseboard, crown molding, fireplace mantels and solid wood
doors are available at a salvaged building materials supplier.
Search online for a local salvaged materials supplier. Similar
options exist through the following websites:

www.PlanetReuse.com - A nation-wide free source for anyone in
the construction business, both professional and layperson.
You can advertise or browse listed materials, then click on an
ad to let Planet Reuse set up an interface between you and the
seller.

www.Freecycle.org - Available in most major cities, the great
thing about Freecycle is that everything is free, even
membership. You can make requests or offer unwanted items.
Freecycle sends daily emails, so be prepared for an overloaded
inbox. Be ready to respond quickly if you see what you want.

Finding inexpensive sources of wood is a great bargain,
especially for someone who loves to work with it!

http://www.kingthompson.com/Property/propertyResults.aspx?SearchID=2408895&CallingPage=3&abrand=9824&agent=9824

When is it Time to Replace Your Car instead of Repair????

Sandra Thomas (Coldwell Banker) — Sat, 11 Jul 2009 18:59:42 -0500

Is It Best to Repair or Replace Your Car?
When is it time to buy a new set of wheels?

(NAPSA) - A growing number of people are finding that the
economy has them debating whether it's best to buy a new car
or repair the one they have. If you are trying to decide
between buying and repairing, here are some tips that may
help:

Comparing Costs

It is typically less expensive in the long run to repair the
vehicle you already own rather than purchasing a newer one.
Financing even a $2,000 repair typically means lower payments
(or similar payments for a shorter time) than those incurred
when purchasing a newer vehicle.

The 50-Percent Rule

After receiving the estimate of a major repair, consider the
"50-percent rule." When the cost of a needed repair approaches
50 percent of the vehicle's value, it is time to seriously
consider replacing it.

Reliability and Maintenance History

The best way to know a vehicle's condition is by maintaining
it on a regular basis and using the same repair shop. If a
repair shop knows the service history of a vehicle, consumers
can look to its technicians for guidance on when their vehicle
likely will need major repairs.

"Following the vehicle manufacturer's maintenance
recommendations can greatly increase the life span of
vehicle," said John Nielsen, director of AAA Approved Auto
Repair and Auto Buying.

Cosmetics

The cosmetic condition of a vehicle can greatly affect its
value and a motorist's desire to hold on to it. Motorists
should take a critical look at their vehicle for signs of wear
and tear and evaluate how important their vehicle's cosmetics
are to them.

Lifestyle

Changes in lifestyle can be a large factor in changing
vehicles. Family size, commute length, recreational usage and
business needs are all legitimate reasons to consider
purchasing a newer vehicle that is better suited to a
consumer's driving routine.

Outside Factors

Several outside factors may impact the decision between
repairing and replacing a vehicle, such as reduced pricing and
special offers from manufacturers. A vehicle that could become
a valuable classic might be worthy of extraordinary repairs
and maintenance.

www.sandrathomassells.com

Wow!!! Home Inspection Surprises!!!

Sandra Thomas (Coldwell Banker) — Tue, 09 Jun 2009 14:06:34 -0500

One of my home inspectors, Jim Troth, had a very interesting event happen in one of our houses. I thought I should share this story.

Encouraging your clients to have a home inspection is a great way to show that you care about their well being. Making extra efforts is another way.

The other day at a home inspection while traversing an attic, Jim squeezed through an opening to get to the other section of the attic. While there he saw what is imaged. It is charred roof sheathing. It is charred because the gas water heater vent is disconnected and the exhaust is not being directed safely outside, slowing buring the wood.

If Jim's extra efforts of actually climbing through a hot dirty attic was not made then who knows what would have happened eventually. I am certain that the clients are very happy he saw this.

http://www.kingthompson.com/Property/propertyResults.aspx?SearchID=2408895&CallingPage=3&abrand=9824&agent=9824

Realtor Care Day 2009

Sandra Thomas (Coldwell Banker) — Sun, 31 May 2009 20:36:36 -0500

REALTORS® give back to their communities year-round through personal investment of time and funds.

REALTOR® Care Day is an opportunity for members to work collectively to improve housing in our communities. From cleaning up a main corridor or local park to making repairs/improvements for a rental community or deserving homeowner, this effort improves the living conditions, increases the value of homeownership and enhances the community for all.

The fifth annual REALTOR® Care Day is set for Wednesday, June 10, 9 a.m. to 4 p.m. in conjunction with National Homeownership Month (June).

CBR Main Project - North of Broad (NoBo)
This year, the CBR Main Project for REALTOR® Care Day will again focus on CHP's North of Broad community - referred to as NoBo - located in the King Lincoln District, specifically North 21st Street between East Long Street. and Mt. Vernon Avenue. We have eight different site projects including: creating a community green space garden and vegetable garden; fence removal/relocation; and beatifying various houses in the area.

Sign up Now!
Morning Shift -- 9 a.m. - Noon
Afternoon Shift -- 1 - 4 p.m.

For questions, contact our Volunteer Coordinator, Janet Thiede at (614) 507-4313.

Several Projects to choose from!
A description of CBR's Main Project is above. In addition, there are several Area Realty Associations participating with projects all over central Ohio. If you would like to get involved in any of these projects, please contact the Association name listed below.

REALTOR® Care Day Contact List

Association	Name	Phone	Project Locations
Columbus Board of REALTORS®	Janet Thiede	(614) 507-4313	North of Broad area; several different job sites to choose from.
Bexley-Eastmoor-Berwick	Michael Jones David Powers	(614) 206-5191 (614) 361-2729	Cleaning up Bexley/Eastmoor/Berwick neighborhoods, including the intersection of Cassady and Alum Creek. Meet at the Rusty Bucket, 2158 East Main St. for assignments.
CCIIR	Christina Bell	(614) 464-1000 ext. 240	Volunteering at the Heinzerling Foundation.
Delaware County Board of REALTORS®	Beth Fisher	(614) 554-3020	Delaware city bike trail/Mingo Park clean up.
Delaware-Knox-Licking-Morrow Suburban Realty Association	Tom Nippert	(614) 776-2152	Landscaping/repairs at a Sunbury-area home.
Gahanna Area Northeast/Westerville Area	Phil Anderson Frank Hance	(614) 418-7325 (614) 523-1000	Cleaning/landscaping at a home on Schrock Road.
Greater Dublin Realty Association	Gayle Scrase	(614) 432-4423	Maintenance/Landscaping at four Dublin area homes.
Madison County Area Realty Association	Phil Gilliam	(614) 738-6102	Volunteering at the Help House in London, Ohio.
Midtown Area Realty Association	Misty Linn	(614) 286-5171	Working at the Ronald McDonald House on E. Livingston Ave. in Columbus.
New Albany Realty Association	Sherri Resnick	(614) 431-1494	Landscaping/clean up at the home of a New Albany family who lost their father/husband.
North Area Real Estate Association	Sue Hanson	(614) 431-1240	Painting the gazebo and bleachers at the Whetstone Park of Roses; landscaping at the Whetstone Library.
Northeast Suburban Realty Association	Jean Wright	(740) 973-4939	Helping three area widows with landscaping/maintenance.
Northwest Area Realty Association	Doug Ryan	(614) 582-3378	Landscaping/maintenance at the home of an ill veteran.
Southeast Area Suburban Realty Association	Pam Mutchler	(614) 208-9111	Volunteering at David's Way Senior Center in Canal Winchester.
Southern Delaware County Realty Association	Larry Coolidge	(614) 436-2000	Landscaping/clean up/repairs at the Powell-Liberty Historical Society and at a nearby cemetery.
Tri-County East Area	Dani Patterson	(614) 406-9068	Working on the CHP's Pheasant Run apartment community.
West/Southwest Area Realty Association	Rick Brunton	(614)323-5938	Working at the Evans Senior Center in Grove City.

Area Realty Assn Project Application

Eco-Friendly Way to Dispose of Home Construction Materials

Sandra Thomas (Coldwell Banker) — Thu, 28 May 2009 07:12:13 -0500

1. Check local classifieds for repairmen who want old electronics and appliances. Sell working appliances, or give
to a friend in need. Take remaining appliances to the landfill and pay a small fee.

2. Gather scrap metal and salvaged electrical wire and store until prices for copper and steel rise again. When prices are
no longer rock bottom, sell scrap metal to a salvage yard.

3. Reuse untreated wood (studs, shelving) removed during demolition in future remodeling and carpentry projects. Do not
reuse wood with mold, rot, or lead-based paint.

4. Save sawdust and wood shavings (from untreated new wood) for mulch. Save old carpeting for a weed barrier in the
garden.

5. Have leftover paint from former owners? If it's still good even though the lid is rusty, save for use in out-of-the-way
places and the future doghouse.

6. Contact Habitat for Humanity to see if they are interested in any of the carefully-salvaged items (cabinets and bathroom
vanity) or leftover new materials.

7. Sell anything of value that will not be used in the renovation or future projects: light fixtures, vintage hardware, antique furniture, mantelpiece, mirrors, intricate door trim or molding. Contact salvage companies who specialize in vintage materials, or sell through Internet auctions (eBay) or classifieds (craigslist.com).

8. Have a yard sale for the rest. Carefully removed ceramic tile, leftover plumbing materials, electric switch plates and
outlet covers, miscellaneous screws, nuts and bolts, etc. Advertise in local papers with a special alert to handymen and
contractors.

9. Recycle glass, paper, and plastic when possible. www.Earth911.com is a helpful resource to locate recycling
plants in your area.

Some landfills will not accept construction waste from anyone but a contractor, so do-it-yourselfers should always find out
what permits they will need. If they cannot obtain a permit, they can hire a construction waste removal company, some of
whom bend over backwards to ensure the good leftovers will be reused or recycled, and not just automatically sent to a
landfill.

http://www.kingthompson.com/agentoffice/agentdetail.aspx?abrand=9824&agent=9824

Wood Destroying Organisms -- Termites!

Sandra Thomas (Coldwell Banker) — Tue, 05 May 2009 07:49:06 -0500

Wood-destroying organisms (termites) cause North American homeowners over two billion dollars in damages each year. These destructive pests primarily feed on wood, but also damage paper, books, insulation, and even swimming pool liners and filtration systems. Wood destroying organisms are often referred to as the silent destroyer because they may be causing damage to your home without you knowing it. A trained inspector is usually required to identify the problem, and will be necessary if you do have an infestation. Read on to learn more about how to protect your home from these common pests.

When should I suspect I have a problem?
Homeowners rarely see termites; they are sneaky insects that hide themselves deep in wood and soil. Finding signs of termite activity in your yard is pretty common, but if you see winged termites indoors it almost always indicates an infestation warranting treatment.

What will a professional look for to determine the extent of the problem?
Inspection and treatment require special skills and technology. A professional pest controller can help. Professionals will look for telltale "mud tubes" or shelter tubes, which are solid evidence of termite activity. They will also look for thin, "bubbled" or distorted areas of paint on wooden surfaces, especially if these feel cool to the touch. Finally, professional inspectors will check any wooden building parts (especially if they are important support structures) that may be beginning to "sag" unexpectedly.

What are my treatment options?
Treatment options vary considerably with the species of termite, extent, and degree of infestation. Chemical treatment, in-ground baiting systems, and fumigation are the most common treatment types. Federal and State statues strictly regulate pesticide use and guarantee the safety of chemicals for termite control when used by qualified professionals. Regardless of which method or product is selected, it is important to have an experienced, licensed technician treat the problem.

http://www.kingthompson.com/Property/propertyResults.aspx?SearchID=2408895&CallingPage=3&abrand=9824&agent=9824

Colors Make a Fashion Statement

Sandra Thomas (Coldwell Banker) — Tue, 28 Apr 2009 10:47:06 -0500

Women are generally drawn to the colors that flatter their
figure and complexion. Your favorite color doesn't always
appear in your wardrobe if it doesn't do a thing for you. If
you're the majority, the color you most often choose to wear
is the image you want to reflect, and the color that makes
you look and feel good.

Lets have fun! Find out what fashion statement you're making
with the colors you wear on an everyday basis -- and what
the color of your clothing says about your personality.

What the Color of Your Clothing Says about You

Black - Conservative yet sexy, you know that black is
versatile. Wearing black clothing makes you appear thinner,
giving your self-esteem a turbo-boost.

Pink - Traditional and charming, pink is feminine all the
way. A pink and black combo is a trendy twosome for women
who like to add mystery to their otherwise girly image.

Red - Bold and vibrant, you like to be the center of
attention. Red portrays the adventurous side of you that's
undeniable.

Blue - Fun-loving and free, blue clothing attracts independent
women who are comfortable with their inner-selves and
achievements.

Orange - Extroverted and gutsy, orange means you like to
stand out in a crowd. Never taking life for granted, you enjoy
new challenges and have a tendency to come out on top.

Yellow - Always the optimist, you're athletic and outdoorsy.
Yellow reflects a vibrant personality and great intuition.

White - Those who favor white prefer "safe" colors for a
perfect match. White can be a great accent for a deep, dark
tan, adding sex-appeal to the "colorless" color.

Green - If you're hot on green, you're a down-to-earth,
natural beauty. While somewhat stubborn, you're still "the
girl next door" who likes to have fun.

http://www.kingthompson.com/Property/propertyResults.aspx?SearchID=2408895&CallingPage=3&abrand=9824&agent=9824

Franklin County, Ohio Events for Week of April 14, 2009

Sandra Thomas (Coldwell Banker) — Thu, 16 Apr 2009 12:41:03 -0500

Franklin County, Ohio Events

Arts / Theatre / Music
4/14/2009	JCC Maccabi ArtsFest Teens	Columbus JCC
4/15/2009	The Clean House April1-26	CATCO
4/16/2009	Vaud-Villities	Vaud-Villities
4/16/2009	Godspell	CAPA
4/16/2009	The Clean House April1-26	CATCO
4/17/2009	Godspell	CAPA
4/17/2009	Annie	CAPA
4/17/2009	The Clean House April1-26	CATCO
4/17/2009	Godspell	CAPA
4/17/2009	Vaud-Villities	Vaud-Villities
4/18/2009	Godspell	CAPA
4/18/2009	Annie	CAPA
4/18/2009	Vaud-Villities	Vaud-Villities
4/18/2009	Handel, Haydn & Mendelssohn	ProMusica Chamber Orchestra
4/18/2009	Annie	CAPA
4/18/2009	The Clean House April1-26	CATCO
4/18/2009	Godspell	CAPA
4/18/2009	Vaud-Villities	Vaud-Villities
4/19/2009	Annie	CAPA
4/19/2009	The Clean House April1-26	CATCO
4/19/2009	Music in Bloom	ProMusica Chamber Orchestra
4/19/2009	Godspell	CAPA
4/19/2009	Annie	CAPA
Business Events
4/14/2009	Wealth Builder Opportunity	Home Base Business
Children Activities
4/16/2009	Calligraphy Class	Groveport Cultural Arts Center
4/18/2009	Earth Day is Every Day!	Groveport Log House
4/19/2009	A"Taste" of Camp at the JCC	Jewish Community Center of Greater Columbus
Education
4/16/2009	"Voice of a Child" tour	Court Appointed Special Advocates (CASA) of Franklin County
4/16/2009	Healthy Living	The Wellness Community Greater Columbus
4/16/2009	North Linden Area Commission	New Harvest Community Development
Environment & Recycling
4/16/2009	Waste Not Center open	Waste Not Center
4/18/2009	Plantings- Academy&Wolfe Parks	Friends of Alum Creek & Tributaries (FACT)
4/18/2009	CleanUp-Boyer Preserve Westrvl	Friends of Alum Creek & Tributaries (FACT)
Fundraiser / Benefit
4/20/2009	A Toast To Tinseltown	Ronald McDonald House Charities of Central Ohio
Lecture / Workshop
4/15/2009	Green Design Lecture	American Institute of Architects, Columbus Chapter
Sports & Recreation
4/18/2009	SPOT Bike Tour	Columbus Outdoor Pursuits

http://www.sandrathomassells.com

Air Conditioning Service Tips

Sandra Thomas (Coldwell Banker) — Mon, 13 Apr 2009 19:04:49 -0500

Air conditioner usage will be here soon.

It is recommended that air conditioners get serviced every year. The service helps to maintain the effeciency of the unit and extends the useful life of it also.

The service check should include cleaning the condensing unit coils, checking the amp draw of the compressor, oiling the fan motors, checking that belts are well adjusted, and checking the system operating pressures and temperatures against the manufacturers specifications. One of the most important items to check is the coolant level (commonly know as Freon) in the air conditioner. A system that is only 10% low on coolant will cost about 20% more to operate! The cost of the service can be recovered by maintained/increased effeciency.

1078 Exeter Court, London Ohio Listing

Sandra Thomas (Coldwell Banker) — Tue, 03 Mar 2009 13:47:41 -0600

Details:

Address: 1078 Exeter Court

Type: Residential

Style: 5 Level Split

Bedrooms: 3

Bathrooms: 2 "2 - Half Baths"

Garage: Double, Attached Opener

Basement: Yes, Full

Size: 1,896 sq. ft.

Lot Type: Rectangular

Lot Size: 0.214 Acres

Year Built: 2005

Taxes: $2,640.00 (2007)

http://www.sandrathomassells.com/London/Ohio/Homes/Amherst_Meadows/Agent/Listing_2208306.html

Description:

This immaculate 5 level split, is ready for you to move right in. It has 3 bedrooms, 2 full baths and 2 half baths. Spacious kitchen has hard wood floors, eating space and lots of storage space. Kitchen opens up to Living room with vaulted ceiling and new carpet. Large Family Room with half bath, new carpet and freshly painted walls! Private Master bedroom and master bath with garden tub! Full unfinished basement just waiting for the right buyer! This beautiful home is located on a corner lot on a cul-de-sac!

To see more information: http://www.sandrathomassells.com/London/Ohio/Homes/Amherst_Meadows/Agent/Listing_2208306.html

Highlights:

Interior Features: Alarm System Vaulted Ceiling Ceiling Fan Hardwood Floors	Exterior Finish: Vinyl	Heating/Cooling: Forced Air Central Air Natural Gas	Appliances: Dishwasher Oven Range Refrigerator Microwave
Lot Features: Corner Cul-de-Sac Front Porch	Extra Features: Garage Door Opener
www.sandrathomassells.com

Mortgage Interest Deduction

Sandra Thomas (Coldwell Banker) — Tue, 03 Mar 2009 12:49:26 -0600

The National Association of REALTORS® is opposing a budget proposal that would reduce the mortgage interest deduction for thousands of families.

In a letter sent Feb. 26 to President Obama, NAR President Charles McMillan said, "There is never a good time to propose something that undermines the basic foundation of homeownership, but given our current housing crisis, this has to be the worst possible time."
Any changes to the current mortgage deduction would have repercussions far beyond the homeowners directly impacted. "The tax deduction of interest paid on mortgages is both a powerful incentive for homeownership and one of the simplest provisions in the tax code. It should not be targeted for change," McMillan said.

According to NAR's analysis, changing the mortgage interest deduction will not only negatively impact the 2 percent of families who own homes targeted by the proposal, but also will impact home prices and values across the board.

The middle class would see their home values reduced even further by such action, and NAR cautioned the Obama administration that any further pressure on home prices will hamper the economic recovery, raise foreclosures and hurt banks' abilities to lend.

To read the complete press release, more on the action NAR is taking and how you can help, visit http://www.realtor.org and http://www.realtor.org/government_affairs/mortgage_interest_deduction/mid_obama_budget_proposal?lid=ronav0019.

www.sandrathomassells.com

Child Care Costs Savings

Sandra Thomas (Coldwell Banker) — Thu, 22 Jan 2009 10:26:01 -0600

Four Tips for Saving on Child Care Costs

According to the National Association of Child Care Resource and Referral Agencies, full–time child care can reach up to $14,000 a year for a single infant. And while child care is the last thing you want to be cheap about, there are a few proven and practical ways to limit your costs, which can really help in today's tough economy.

Let Uncle Sam Chip In – Working parents can claim up to $3,000 for one child and up to $6,000 for two or more children on their 2008 income taxes for qualified child care expenses. Ask your tax professional about the Child and Dependent Care Credit to see if you qualify for this valuable credit.

It's important to note that this credit can be reduced if you have a dependent–care flexible spending account (FSA) through your employer. These special accounts allow employees to set aside pretax dollars up to $5,000 for qualified expenses. Find out if your employer offers this program and discuss the benefits of each option with your tax preparer. If you need a referral to a qualified tax professional you can trust, don't hesitate to give us a call.

Don't Discount Your Employer – Be sure to ask your employer about any other child care programs it might offer. It's not uncommon for companies to negotiate discounts in your area that can offset expenses and travel time. Also, find out if your employer offers flex time or telecommuting, even on a short–term or part–time basis.

Schedule for Success and Savings – For many couples, a simple change in schedule can cut down on the amount of child care you need each week. While having one spouse work the day shift and the other work the night shift might eliminate child care altogether, this could be very stressful on your relationship. But what if you just altered your schedules slightly? For example, if one spouse works from 7 am to 3 pm and the other works 10 am to 6 pm, this would cut down on child care and might not affect your time together as much. For couples who work together or even close together, working the same schedule could be more beneficial to child care costs and your marriage.

The right school program combined with the right work schedule can significantly reduce your child care needs. Some public schools offer pre–kindergarten programs, often for free, and many schools also offer before– and after–school care for older children at much lower rates than child care professionals.

Share with Friends And Family – While finding a relative to help out would be ideal, hiring a nanny with a few relatives or a few good friends is also a great option. This will allow you to share the cost of child care and pay less individually for each child.

http://www.kingthompson.com/Property/propertyResults.aspx?SearchID=2408895&CallingPage=3&abrand=9824&agent=9824

What an Obama Administration Means to Your Mortgage

Sandra Thomas (Coldwell Banker) — Thu, 22 Jan 2009 10:15:06 -0600

What an Obama Administration Means to Your Mortgage

The debates are done, the election is over, and on January 20, 2009, Barack Obama will be inaugurated as President of the United States . No matter where you fall in the political spectrum, no one knows for sure exactly what this will mean to the future of our country. With this in mind, let's put all politics aside, and take a closer look at Obama's plan for our future. And since a home is still the biggest, most important investment you'll ever make, we'll focus the limited space of this short article on Obama's basic housing measures.

More Economic Stimulus – Since trouble in the economy won't wait until January 20th, plans for another economic stimulus package are already in the works, so we might even see this happen, in one form or another, before Obama takes office.

Obama has also discussed a housing stimulus as well, to stem the tide of foreclosures, including a temporary 90–day freeze on foreclosures, as well as measures to address the demand side of the housing issue. This package includes $25 billion in state fiscal relief, which Mortgage Law Central says will help avoid "painful property tax increases."

Obama also wants to "aggressively and comprehensively" implement the recently–passed rescue plan and the Hope for Homeowners Act. This means the Treasury, HUD, Fannie Mae and Freddie Mac, and all of the banks and loan servicers who benefit from the rescue bill will continue to coordinate broad mortgage restructurings and loan modifications for struggling homeowners. No one knows for sure exactly how this will be implemented or what it even looks like yet, but we'll keep you updated as the details are released.

Reformed Bankruptcy Laws – Obama has promised to repeal the 2005 bankruptcy bill. A controversial measure, this will allow judges to alter mortgage terms during a bankruptcy, providing more protection for struggling homeowners.

New Mortgage Interest Tax Credit – Obama is expected to create a 10% universal mortgage interest credit for those who don't currently itemize. This means about $500 in savings for 10 million American homeowners.

Protection Against Mortgage Fraud and Predatory Lending – During the campaign, Obama blamed the financial crisis on lax government regulations, so look for tougher regulations, new criminal penalties for mortgage fraud violators, more funding for enforcement programs, more detailed loan disclosure laws, new counseling programs and other consumer protections, including a new Home Obligation Made Explicit (HOME) score (kind of like a new APR calculation) to help borrowers better understand and compare mortgage costs during the mortgage process.

This will go a long way in protecting new home buyers from the opportunists that have given good mortgage professionals like us a bad name in the last few years. And since so much of our business depends on referrals from satisfied clients, the good news is a lot of these people are now out of business. We hope that any new measures introduced by the Obama administration will help keep a new breed of copycats from invading our industry as the real estate market begins to change for the better in 2009 and beyond. From now until the end of the year, you can expect volatility to continue in the financial and credit markets. This means mortgage rates, too, so if you or anyone you know is looking to buy or refinance a home, give us a call. We monitor the performance of mortgage–backed securities on a daily basis, which allows our clients to capitalize on changes that will help lock in the best rate for their individual goals and needs. Also, if you'd like to discuss any of these or other changes that could affect your mortgage, don't hesitate to give me a call.

http://www.kingthompson.com/agentoffice/agentdetail.aspx?abrand=9824&agent=9824

Difference between http and https

Sandra Thomas (Coldwell Banker) — Thu, 22 Jan 2009 10:07:16 -0600

What is the difference between "http" and "https"?
It's all about keeping you secure.

HTTP stands for Hyper Text Transport Protocol, which is just a fancy way of saying it's a protocol (a language, in a manner of speaking) for information to be passed back and forth between web servers and clients. The

important thing is the letter S which makes the difference between HTTP and HTTPS.

The S (big surprise) stands for "Secure". If you visit a website or webpage, and look at the address in the web browser, it will likely begin with the following: http://.

This means that the website is talking to your browser using the regular 'unsecure' language. In other words, it is possible for someone to "eavesdrop" on your computer's conversation with the website. If you fill out a form on the website, someone might see the information you send to that site. This is why you never ever enter your credit card number in an http website!

But if the web address begins with https://, ; that basically means your computer is talking to the website in a secure code that no one can eavesdrop on.

You understand why this is so important, right?

If a website ever asks you to enter your credit card information, you should automatically look to see if the web address begins with https://.
If it doesn't, there's no way you're going to enter sensitive information like a credit card number.

PASS IT ON (You may save someone a lot of grief).

http://www.kingthompson.com/agentoffice/agentdetail.aspx?abrand=9824&agent=9824

Thomas Lane House in Madison County, Ohio

Sandra Thomas (Coldwell Banker) — Sun, 28 Dec 2008 17:02:08 -0600

Details:

Address: 338 Thomas Lane

Type: Residential

Style: Single Story

Bedrooms: 4 Large

Bathrooms: 2 1/2

Garage: Double

Basement: Yes, Full Poured

Size: 2,239 sq. ft. Open Floor Plan

Lot Type: Rectangular

Lot Size: 75' x 135' Open Field Behind Home

Year Built: 2005 "Like New"

Taxes: $3,132.00 (2007)

MLS®: 28431040

Description:

This home is priced well below new builds and other homes in the same neighborhood. Seller is motivated!!! Price is $219.899.00

Upgrades includes: 36 ft. paver patio, upgraded landscaping, designer cabinet pulls and towel bars, ceiling fans in every bedroom, fully finished and insulated garage wit heat/satellite tv/stereo wiring, build in storage shelving in basement and garage.

Must see to appreciate all the upgrades in this home and the mint condition the owners have kept it in!

To see more information: http://www.sandrathomassells.com/London/Ohio/Homes/Columbus/Brooksedge/Agent/Listing_2020842

Highlights:

Interior Features: Carpeted Floors Cathedral Ceiling Ceiling Fan Fireplace Hardwood Floors Laundry Room Window Covers	Exterior Finish: Brick Vinyl Wood	Heating/Cooling: Forced Air Central Air Natural Gas	Appliances: Dishwasher Garbage Disposal Refrigerator Stove Oven Range Washer/Dryer Hookup Microwave	Lot Features: Front Porch Garden Area Landscaped Lawn Patio Trees/Shrubs	Extra Features: Garage Door Opener High Speed Internet Available Cable Available
www.sandrathomassells.com

Save Pipes From Freezing

Sandra Thomas (Coldwell Banker) — Tue, 16 Dec 2008 11:10:16 -0600

This happened to one of my clients and the insurance didn't cover it.

Most homes are okay in the winter as long as they are occupied, but if you are going away from home during winter such as during the Christmas Holidays, you might want to take precautions to prevent your plumbing system from freezing. The simplest way is to leave the furnace on low and open the cabinet doors under sinks, especially if on an exterior wall. However, if there is a power outage or your furnace fails, your pipes could still freeze. A better way to winterize your home is to drain the system by having a professional do it.

You might also want to check your home owners policy to see what is covered on your home in case of freezing pipes, etc. This could be an expensive repair or lesson.

For more information: www.sandrathomassells.com

http://www.kingthompson.com/agentoffice/agentdetail.aspx?abrand=9824&agent=9824

Derogatory Credit Requirements

Sandra Thomas (Coldwell Banker) — Thu, 27 Nov 2008 10:40:31 -0600

Comparison of Conventional & FHA Derogatory Credit Requirements

COLDWELL BANKER HOME LOANS

Borrower may apply for Conventional loan:

Chapter 13: 2 years from discharge date or 4 years from dismissal date

Chapter 7 & 11: 4 years from either the discharge or dismissal date

Foreclosure: 5 years from the completion date for a primary residence with 10% down payment and a minimum 680 credit score

Deed-in-Lieu of Foreclosure: 4 years from completion date for a primary residence or 2^nd home with a minimum of 10% down

Short Sale: 2 years required to re-establish credit

Based on pre-foreclosure action and if the “short sale” shows on the credit report as a comment to the reporting of delinquency and is typically reflected as

“Paid in Full Less than Full Balance” or "Deficient Payoff/Settlement”

Borrower may apply for FHA mortgage:

Chapter 13: 1 year from discharge with one full year of timely payments made to creditors

Borrowers seeking Consumer Credit Counseling Services (CCCS) are generally considered comparable to a Chapter 13.

Chapter 7 & 11: 2 years from discharge

Borrower must have re-established good credit

Foreclosures & Deed in Lieu of Foreclosure: 3 years from release

Short sale: 3 years required if showing on the credit report as a pre-foreclosure or as a mortgage settled for less than full amount

http://www.kingthompson.com/Property/propertyResults.aspx?SearchID=2408895&CallingPage=3&abrand=9824&agent=9824

FHA Down Payment Changing

Sandra Thomas (Coldwell Banker) — Tue, 11 Nov 2008 14:24:53 -0600

Did you know that the FHA down payment is changing in January 2009?

Currently borrowers are required to have 3% into the purchase of a home. If borrower is paying their own closing costs, then the down payment is 2.25%, as they would have contributed 3% through the 2.25% down payment plus their closing costs. If they are not paying their own closing costs, then down payment required is 3%. In January, the required buyer contribution will be increased to 3.5%. So if you have some buyers on the fence, this just might push them off!

Did you know that there are still some 100% loan programs available? Yes there are - VA loans do not require a down payment and require no monthly mortgage insurance. There is a funding fee that is determined by service and whether or not the veteran has used eligibility before, and this can be financed into the loan.

Also available are Rural Housing Loans at 100% financing. There are income restrictions and the property must qualify for a Rural Housing loan (mostly outside 270), so be sure to get your buyers pre-approved before moving forward. There is a 2% guarantee fee that can be financed into the loan.

The website for Rural Housing (to check property eligibility and income limits) is:

http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?NavKey=home@1

And don't forget that HUD foreclosure properties are eligible for the $100 down payment program, which is pretty close to 100% financing.

http://www.kingthompson.com/agentoffice/agentdetail.aspx?abrand=9824&agent=9824

Questions to Ask Your Builder

Sandra Thomas (Coldwell Banker) — Mon, 10 Nov 2008 07:06:27 -0600

Questions to ask your builder:

So, Mr. "Green Builder", do you:

1. Specify CFL bulbs wherever possible?

2. Do you have a programmable whole home fresh air ventilation system?

3. Do you have a dehumidifer in the basement?

4. Do you have a garage ventilation system?

5. What are you doing to retard the growth of mold?

6. Are all your carpets "green seal"?

7. Do you have argon gas in all your low-e windows?

9. Is a passive radon reduction system standard?

10. Are your furnace filters MERV-11?

...and finally, the key to it all.....

Is every home independently tested for energy efficiency and does every home rate below 70 (HERS rating) and therefore qualify for a $2000 federal tax credit?

If you don't like the answers you receive to these questions, visit us...you will like our answers.

http://www.kingthompson.com/agentoffice/agentdetail.aspx?abrand=9824&agent=9824