marybeth tiemeyer: Update on $15,000 tax credit
- 02/06/09 06:23 AM
National Association of REALTORS® update U.S. House passes stimulus package Last Wednesday, the United States House of Representatives passed on a largely partisan vote of 244-188, HR 1, the American Recovery and Reinvestment Act of 2009. The economic stimulus bill, as the legislation is more commonly known, contains a number of key provisions for REALTORS®:
* Restoration of the 2008 loan limits for FHA, Fannie Mae, and Freddie Mac to 125% of median home price up to a limit of $729,750 (still on the table) * Elimination of the repayment provision of the $7,500 first-time homebuyer tax credit (has … (3 comments)
marybeth tiemeyer: DOG FRIENDLY PLACES, EVENTS, & CLUBS FOR DALLAS FOLKS
- 01/28/09 07:16 AM
Many of our clients' are new to the area, and in general, many people have pets. Often times we get asked about dog friendly places so I've compiled a list of a few things that might help. I've included doggy events, parks, hotels, and even social groups. You will find a lot of interesting information at the web sites below. Hope this helps. http://www.meetup.com/NorthTexasDogLovers/ http://activedogs.meetup.com/cities/us/tx/richardson/ GARLAND BARK PARK http://activedogs.meetup.com/39/ SPCA STRUT YOUR MUTT EVENT MARCH 21 http://activedogs.meetup.com/39/calendar/9316946/ http://www.dallasobserver.com/events/category/critter-events-pet-friendly-458811/ YOUR PUP IS WELCOMED HERE http://www.dogfriendly.com/ FRIENDLY HOTELS & KENNELS IN DALLAShttp://www.dogfriendly.com/server/travel/uscities/guides/us/cities/usonlinecityTXDallas.shtml White Rock Lake Dog Park -8000 Mockingbird Lane Dallas Wiggly Field at … (0 comments)
marybeth tiemeyer: Need a Light?
- 01/15/09 05:01 AM
Oncor Energy, an electric company in Texas, has five energy efficiency programs following the "green" transition around the world. The company has launched a campaign for the state's residents in which a total of 8 electric companies educate consumers about the importance of compact fluorescent light bulbs. With this type of bulb alone individuals with a company such as Energy Star could save up to 75% on their energy bills. Additionally, the bulbs are a "better choice for the environment," and could potentially reduce cooling bills. These lights are a little more expensive, however, they last much longer. I'd advise you … (0 comments)
marybeth tiemeyer: Saving on the Heat Bill!
- 01/14/09 08:39 AM
1. THE CEILING FAN.If you're in a townhome or home with high ceilings, turning on the ceiling fan will actually keep some of the rising heat downstairs.2. ELECTRONIC THERMOSTATS - NOT THE OLD ONESSwitch to or try to get an electric thermostat. With all the energy saving talk these days electric thermostats can be set automatic so that energy is not wasted. They can adjust to room temperature settings during the night or when you're away. 3. BUY A HUMDIFIERBuying a humidifier for your home obviously will adjust the humidity level in your home. When the heat is on all the … (0 comments)
marybeth tiemeyer: ICE - In Case of Emergency...
- 01/08/09 03:15 AM
Apparently this is a standard procedure all paramedics follow at the scene of an accident when they come across your cell phone. ICE - 'In Case of Emergency'We all carry our mobile phones with names & numbers stored in its memory but nobody, other than ourselves, knows which of these numbers belong to our closest family or friends. If we were to be involved in an accident or were taken ill, the people attending us would have our mobile phone but wouldn't know who to call. Yes, there are hundreds of numbers stored but which one is the contact person in … (3 comments)
marybeth tiemeyer: The Latest on Listings...
- 01/06/09 04:37 AM
Good Morning and Happy New Year! Below our a few of our listings we'd like to share. Please let us know if we can assist you with anything.
This is a great location close to dining and shopping. Lake Park Estates gated community has a lot to offer with a pool, pond, and pleasant atmosphere. This 3-story condo has a 2-car garage with 2 bedrooms, 2 bathrooms, and a study. The home has: stainless appliances, a gas cooktop, marble countertops, carpet, and tile. Gently lived in; seller out of town a lot. 2/2/3 story/2Car+Study - 1,485 SQ FT was $218,900 … (0 comments)
marybeth tiemeyer: Great Price!
- 01/06/09 02:57 AM
RICHARDSON, TX $205,000 This home brings a sense of chic elegance with fresh paint and a feeling of openness. A new front door welcomes you. Large entry with split formals. The formal living area is perfect for a study. Great flow. Family room is open to kitchen with a wall of windows overlooking large backyard. Other features include a gaslog wood burning fireplace, gourmet kitchen (includes 42' cabinets), double ovens, electric cooktop (also plumbed for gas), an island, walk-in pantry, and a large eating area. Bedrooms are split. King size master includes a walk-in closet. Master bath has garden tub, … (0 comments)
marybeth tiemeyer: EXCELLENT SAFETY TIPS FOR HOMEOWNERS...
- 12/30/08 06:15 AM
I found this web site today and it's an excellent source for home buyers and sellers. The page has several checklists which individuals can not only learn from, but can refer to in any homeowning process. Additionally, there are many general topics that may be beneficial. EXAMPLES:Childproofing Your Home: http://www.checklists.com/children.html#childproofing House-buying:http://www.checklists.com/housebuying.html#residence%20buying Home Inspections:http://www.checklists.com/housebuying.html#home%20inspections Home Improvement:http://www.checklists.com/homeimprovement.html Very beneficial for those who are list-makers. At Your Service... TIEMEYER TEAM REALTORSKeller Williams2701 Arbor CourtRichardson, Tx. 75082Office: 972-470-0533www.tiemeyerteam.com … (0 comments)
marybeth tiemeyer: Lead-based Poisoning in Homes & Toys!
- 12/26/08 07:30 AM
Lead-inspection is a big issue in real estate and disclosure is a MUST when it comes to selling a home. In real estate, it's only natural that an agent whose listing is older than 1978 come with a lead-based paint addendum to all buyers. While lead poisoning has been an issue since the early 1900s, just last year recognized brand names like Fisher Price and Mattel were recalled because of this. There is now a credible web site which provides those of you with family's information on your child's toy products. Visit: http://www.leadinspector.com/?gclid=CPn8ofGTgZACFRs5sgodxk7ouAThough something like lead-based paint poisoning would seem almost … (0 comments)
marybeth tiemeyer: Did You Know This About Your Home?
- 12/26/08 04:41 AM
Purchasing a home becomes a big responsibility. There are many things that need to be done on a seasonal basis to adequately take care of your home. You should exercise great caution when doing things yourself although we recommend hiring a qualified professional to take care of any work that needs to be done. I have composed a few maintenance and safety tips in addition to money saving ideas that often times homeowners tend to forget about:1. Run all gas-powered lawn equipment until the fuel tank is empty.By doing this, you are removing flammable liquid storage from your garage. At the … (6 comments)
marybeth tiemeyer: Buying Homes with Self-Directed 401Ks
- 11/25/08 08:22 AM
In a self-directed IRA, an individual owner is able to make his/her own investment decisions. The Internal Revenue Service requires a trustee or a custodian hold self-directed assets for an IRA owner. A traditional IRA has an investment strategy allocating to stocks, bonds, mortgages, et cetera. Additionally, individuals have the flexibility to make whatever decisions they want to make in an investment. It is very common for individuals to invest in residential real estate with a self-directed 401k. In contrast, a traditional IRA typically invests in commercial real estate. Though more uncommon, there are some residential real estate investments with the … (1 comments)
marybeth tiemeyer: Update on Tax-Credit for First-Time Home Buyers
- 11/19/08 03:16 AM
In last months post, we introduced some information in regards to the first-time home owner tax credit. Below is updated information in regards to the credit: The credit can really be looked at as a interest free loan. In repaying the tax credit, those individuals that are eligible will claim the credit on the new IRS Form "5045." This form will be included with the 2008 forms. Upon repayment, individuals will have to recover $500 per year for the next 15 years. This will need to begin on the 2010 tax returns. If at anytime a home needs to be sold … (0 comments)
marybeth tiemeyer: Texas Economy Splendid
- 11/17/08 03:48 AM
1). Eight percent of all Texas homes are financed with subprime loans. 2). The average interest rates for a 30-year fixed mortgage are about what they were five years ago. August 8, 2003, 6.34% was the rate for a 30-year fixed mortgage and on the same date five years later, that rate was 6.52%. January 1, 1995, this rate was at an approximate 9.22%. 3). In 2007, homes priced at $500,000 and above represented a higher percentage than the total homes sold in Texas than any previous year. 4). Eleven out of forty-four Texas markets had a lower median sales price … (0 comments)
marybeth tiemeyer: A Healthy Home
- 11/07/08 08:50 AM
It's important to keep your home maintained to avoid any potential disastrous problems that can be avoided by a minor repair. Your home should be checked at least twice a year so don't forget about the... AIR CONDIITIONERS: For colder states, remove window-units or cover them.ATTIC: Keep gable vents open all year to ensure proper ventilation unless there is a ridge vent.FAUCETS: Check for leaky faucets in the kitchen and bathrooms, above and below. Washers often need to be replaced.FILTERS: These should be replaced ONCE A MONTH, or not too long after. Don't forget to check your dryer vents, air conditioner … (0 comments)
marybeth tiemeyer: Texas Foreclosures down 18% YTD 2008
- 10/31/08 06:32 AM
According to Texas A&M University's Real Estate Center, foreclosures in the Texas real estate market have continued to steadily decrease despite turmoil in other U.S. markets. Interesting Notes:1). Only 2.5 percent of all mortgage loans in the U.S. are in foreclosure.2). Texas' subprime mortgage loans are 5.9 percent compared to a national 11.8 percent.3). An approximate 1.9 (36%) million Texas home owners have no debt.4). An approximate 3.4 (64%) million have a mortgage. Eighty-nine percent have a first loan. Eleven percent have a second loan.5). Texas is one of the states still posting home price increases! Overall,"The Texas housing market continues … (0 comments)
marybeth tiemeyer: Tax Credit for First-Time HomeBuyers!
- 10/24/08 08:56 AM
April 9, 2008 through July 1, 2009 - First-time home buyers can recieve as much as $7,500 as a credited tax. This claim is made on the federal income tax return. However, there are income limits and qualifications per individual. A tax credit is a dollar-for-dollar reduction in what the taxpayer owes. That means that a taxpayer who owes $7,500 in income taxes and who receives a $7,500 tax credit would owe nothing to the IRS. A FEW NOTES:1. The home must be the primary residence. This includes all types of homes. 2. The modified adjusted gross income is the annual … (0 comments)
National Association of REALTORS® update U.S. House passes stimulus package Last Wednesday, the United States House of Representatives passed on a largely partisan vote of 244-188, HR 1, the American Recovery and Reinvestment Act of 2009. The economic stimulus bill, as the legislation is more commonly known, contains a number of key provisions for REALTORS®: ;)
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