October is a busy month in Real Estate - many people try to get a home sold or purchased before the end of the year. If you know someone thinking of buying or selling a home, please call us! We'd like to treat you to coffee as a way of saying "Thanks!"
Take a look at our featured homes this month, or our articles below:
Update on FHA Loans
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We look forward to hearing from you!
Twila C. Glenn, Realtor
Sunada Roberts, SRES, AHWD, Realtor
Update on FHA Loans
Thinking about an FHA loan? After October 4th, expect changes to new FHA loans. If the "Loan-to-Value (LTV)" of your new loan is less than 95%, the monthly premium will be 0.85% (prior to October 4, it was 0.5%). If your loan is greater than 95% LTV, the monthly premium will be 0.90% (it was 0.55%).However, the upfront premium has been lowered to 1% (it was 2.25%).
These arenít the only changes that FHA is undergoing. Upcoming changes may include maximum seller concessions being reduced from 6% of
the sales price to 3%.
Concerned on how these changes might affect your buying
Contact us for a list of local lenders to see how these changes
Halloween Safety - There's No Trick to It
The observance of Halloween, which dates back to Celtic rituals thousands of
years ago, has long been associated with images of witches, ghosts, devils and
goblins. Over the years, Halloween customs and rituals have changed
dramatically. Today, many of the young and young-at-heart take a more
light-spirited approach. Glowing skeletons and lighted Jack O' Lanterns decorate
homes, while children dressed in all kinds of costumes begin flocking out onto
neighborhood streets in search of treats. Make this year's holiday extra safe by
following these safety tips on costumes, treats, decorations and more!
purchasing costumes, masks, beards and wigs, look for flame-resistant fabrics
such as nylon or polyester, or look for the label "Flame Resistant."
Flame-resistant fabrics will resist burning and should extinguish quickly. To
minimize the risk of contact with candles and other fire sources, avoid costumes
made with flimsy materials and outfits with big, baggy sleeves or billowing
or make costumes that are light, bright and clearly visible to
greater visibility during dusk and darkness, decorate or trim costumes with
reflective tape that will glow in the beam of a car's headlights. Bags or sacks
also should be light colored or decorated with reflective tape. Reflective tape
is usually available in hardware, bicycle and sporting goods
should carry flashlights to see and be seen.
should fit well and not drag on the ground to guard against trips and
should wear well-fitting, sturdy shoes. Oversized high heels are not a good
hats and scarves securely to prevent them from slipping over children's eyes and
knives and similar costume accessories should be made of soft, flexible
a natural mask of cosmetics rather than have a child wear a loose-fitting mask
that might restrict breathing or obscure vision. If a mask is used, however,
make sure it fits securely and has eyeholes large enough to allow full
Tips for Parents about Treats
should not snack while they're out trick-or-treating. They should wait until
they get home and parents have had a chance to inspect the handouts. To help
prevent children from munching, give them a snack or light meal before they
go-don't send them out on an empty stomach.
children not to accept-and, especially, not to eat-anything that isn't
children bring their treats home, discard any homemade candy or baked goods.
Parents of young children should also remove any choking hazards such as gum,
peanuts, hard candies or small toys.
commercially wrapped treats for signs of tampering, such as an unusual
appearance or discoloration, tiny pinholes, or tears in wrappers. Throw away
anything that looks suspicious.
juice or cider is served to children at Halloween parties, make sure it is
pasteurized or otherwise treated to destroy harmful bacteria. Juice or cider
that has not been treated will say so on the label.
candles and Jack O' Lanterns away from landings and doorsteps where costumes
could brush against the flame.
obstacles from lawns, steps and porches when expecting trick-or-treaters.
Indoors, keep candles and Jack O' Lanterns away from curtains, decorations and
other combustibles that could catch fire. Do not leave burning candles
or outside, use only lights that have been tested for safety by a recognized
testing laboratory. Check each set of lights, new or old, for broken or cracked
sockets, frayed or bare wires, or loose connections. Discard damaged
overload extension cords.
leaves should be swept from sidewalks and steps.
pets so they do not inadvertently jump on or bite a trick-or-treater. Small
children should never carve pumpkins. Children can draw a face with markers.
Then parents can do the cutting.
candles are safest for candle-lit pumpkins.
children should always be accompanied by an adult or an older, responsible
should go only to homes where the residents are known and have outside lights on
as a sign of welcome.
should not enter homes unless they are accompanied by an adult.
children should WALK, not run from house to house and use the sidewalk if
available, rather than walk in the street.
should be cautioned against running out from between parked cars, or across
lawns and yards where ornaments or furniture present dangers.
flashlights with fresh batteries for all children and their
to children the difference between tricks and vandalism. Throwing eggs at a
house may seem like fun but they need to know the other side as well-clean up
and damages can ruin Halloween. If they are caught vandalizing, make them clean
up the mess they've made.
children how to call 9-1-1 (or their local emergency number) if they have an
emergency or become lost.
sure you set a time that they should be home. Make sure they know how important
it is for them to be home on time.
In 1991, a home-buyer sued his realtor for selling him a haunted house! The
New York appellate court declared that the house was indeed haunted, and made
the realtor reverse the sale because she failed to disclose that the house she
was selling was inhabited by ghosts.
If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed.