<?xml version="1.0"?><rss version="2.0"><channel><title>Bismarck-Mandan North Dakota Real Estate Blog</title><link>http://www.terry4homes.com/blog</link><description>Bismarck Mandan North Dakota real estate market news provided by Terry Stevahn</description><lastBuildDate>Tue, 01 May 2012 02:00:00 GMT</lastBuildDate><item><title>How to carry out a successful walk-through before closing</title><description><![CDATA[<p>
	On closing day, most homebuyers are excited about&nbsp;the prospect of&nbsp;moving into their new home. However,&nbsp;one important final step must be accomplished&nbsp;before settlement: a walk-through. While plenty&nbsp;of buyers breeze through&nbsp;each room eager to unpack their&nbsp;boxes, real-estate experts suggest homebuyers are better served by a slow and careful walk-through.</p>
<p>
	<strong>Scheduling your house walk-through</strong></p>
<p>
	&quot;You should allow at least 30 minutes or longer&nbsp;for a walk-through,&quot; says&nbsp;Irene Gianos, a broker with Weichert&nbsp;Realtors in Clinton, N.J. &quot;You need&nbsp;to go through the house with&nbsp;a fine-tooth comb and be as detailed as a home inspector.&quot;</p>
<p>
	Gianos recommends doing&nbsp;the walk-through the day of the closing, perhaps two or three&nbsp;hours before the settlement appointment, but Kristy&nbsp;Petrillo, a real-estate&nbsp;agent and owner of Re/Max Town &amp; Country in Blue Ridge, Ga., suggests scheduling a walk-through the day before settlement, if possible, to allow time to handle any issues that may arise.</p>
<p>
	Brandon Green, principal broker with The Brandon Green Team at Keller Williams Capital Properties in Washington, D.C., recommends a house walk-through approximately&nbsp;24 hours in advance of the settlement and no more than 48 hours ahead.&nbsp;&quot;If&nbsp;a significant weather&nbsp;event has occurred between the last time you saw the house and settlement day,&nbsp;like a windstorm, heavy rain or snowfall, be sure to visit the home to check&nbsp;on the condition just&nbsp;before settlement,&quot; Green says. &quot;Once you have signed your settlement papers, the seller has no obligation to&nbsp;fix anything anymore.&quot;</p>
<p>
	<strong>A&nbsp;thorough walk-through</strong></p>
<p>
	Green suggests including your home&nbsp;inspector if you have concerns about the property&nbsp;condition. &quot;Don&#39;t be afraid to bring your home inspector&nbsp;back to your walk-through,&quot; Green says. &quot;The charge&nbsp;for a revisit is usually 25% to&nbsp;50% of the&nbsp;original fee, which&nbsp;could be worth it if you want to make sure everything has been repaired to your satisfaction.&quot;</p>
<p>
	Gianos says buyers should be ready for their walk-through with an information packet, including the seller&#39;s property&nbsp;condition disclosure form and the home&nbsp;inspector&#39;s report, to ensure all repairs have been made as&nbsp;negotiated.</p>
<p>
	&quot;If you choose not to bring in a home&nbsp;inspector, you&nbsp;should turn everything&nbsp;on and off such as&nbsp;appliances, lights, heating and&nbsp;air-conditioning&nbsp;systems,&quot; Green says. &quot;You can pick up&nbsp;an electrical tester at a hardware store for $1.25 and make sure all the electrical outlets are working.&quot;</p>
<p>
	Petrillo recommends requesting receipts from the&nbsp;sellers for any items that have been repaired, because this proves the work was done&nbsp;and gives&nbsp;you contact information for the contractors.</p>
<p>
	<strong>Problem solving</strong></p>
<p>
	If you walk-through reveals an issue that has not been discovered before, or one that hasn&#39;t been resolved satisfactorily, your action should depend on how serious&nbsp;the problem is. &quot;First, you should look at the big picture,&quot; Petrillo says. &quot;You are probably getting a&nbsp;great home that you want&nbsp;to by at a great price. Are you willing to jeopardize that for a&nbsp;$200 item?&quot;&nbsp;</p>
<p>
	If the problem is serious, Gianos recommends contacting your&nbsp;settlement attorney&nbsp;immediately. &quot;Your lawyer should contact the seller&#39;s lawyer to work out an agreement&nbsp;before you&nbsp;get to the settlement table,&quot; she says.&nbsp;</p>
<p>
	Petrillo stresses&nbsp;the importance&nbsp;of working&nbsp;things out amicably. &quot;If something wasn&#39;t done according to&nbsp;agreement, you can ask the attorney to escrow some amount of money, including what is needed&nbsp;for the repair, from the sales proceeds with an agreement in writing to release the funds as soon as the work&nbsp;is finished,&quot; Petrillo says.</p>
<p>
	Green says buyers&#39; only leverage&nbsp;is &quot;signing&nbsp;on the&nbsp;dotted line.&quot;&quot;You&nbsp;can ask for a credit from&nbsp;the seller, a side&nbsp;document to deal with the problem or an escrow of the sales proceeds, but if you and the seller cannot reach an agreement, then the last&nbsp;course of action would&nbsp;be refusing to&nbsp;close,&quot; Green&nbsp;says. &quot;It&#39;s important to think about how&nbsp;much it could cost you&nbsp;to delay moving or to&nbsp;delay the closing. You&nbsp;may be better off just taking care of the problem yourself, especially if it is under&nbsp;$1,000.&quot;</p>
<p>
	Buyers&nbsp;of a foreclosure, short sale or any property sold as is should also do&nbsp;a careful walk-through on closing day. The&nbsp;&quot;as is&quot; on these properties is as of a particular time such as the inspection&nbsp;date or&nbsp;the contract&nbsp;ratification&nbsp;date, Green&nbsp;says. If the property has deteriorated&nbsp;since that time or appliances&nbsp;are missing, the seller&nbsp;should be required&nbsp;to make amends.</p>]]></description><link>http://www.terry4homes.com/Blog/How-to-carry-out-a-successful-walk-through-before-closing</link><guid>http://www.terry4homes.com/Blog/How-to-carry-out-a-successful-walk-through-before-closing</guid><pubDate>Tue, 01 May 2012 02:00:00 GMT</pubDate></item><item><title>2011-12 Cost vs. Value: Big-Bang Remodeling Projects</title><description><![CDATA[<h2 class="node-title">
	2011-12 Cost vs. Value: Big-Bang Remodeling Projects</h2>
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		Find out which remodeling projects will provide the biggest bang for your buck this year, according to Remodeling magazine.</div>
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		<!--|-->March 2012 | By <a content="Erica Christoffer" href="http://realtormag.realtor.org/author/erica-christoffer" property="dc:creator" rel="foaf:publications" typeof="foaf:person">Erica Christoffer</a></div>
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			<img alt="" class="imagecache imagecache-400xY" height="188" src="http://realtormag.realtor.org/sites/realtormag.realtor.org/files/imagecache/400xY/mar12_F_HD_bigbang.jpg" style="width: 659px; height: 188px;" title="" width="400" />
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			<p>
				Optimizing the use of space in a home will not only attract buyers but also give sellers more bang for their buck, according to Remodeling&rsquo;s &ldquo;2011&ndash;12 Cost vs. Value Report,&rdquo; conducted in cooperation with REALTOR&reg; Magazine and NAR&rsquo;s HouseLogic.com.</p>
			<p>
				An attic bedroom addition costing $50,148 was expected to recoup 72.5 percent of the cost nationally&mdash;inching up 0.3 percent from the 2010&ndash;11 report. The minor kitchen remodel also fared well, returning an estimated 72.1 percent of the nearly $20,000 job cost.</p>
			<p>
				The report looks at the estimated cost and expected resale return of 35 midrange and upscale remodeling projects in 80 markets. The estimated costs and returns were derived from a survey of more than 3,000 REALTORS&reg; conducted last summer. As in past years, REALTORS&reg; picked exterior projects to recoup the most at resale. Among those, new fiber-cement siding was expected to provide the highest return, recouping an estimated 78 percent of the $13,461 cost.</p>
			<h4>
				Top 6 Returns</h4>
			<p>
				<strong>Siding Replacement (upscale) - fiber-cement </strong><br />
				Job Cost: $13,461<br />
				Resale Value: $10,493<br />
				Cost Recouped: 78%</p>
			<p>
				<strong>Entry Door Replacement - steel </strong><br />
				Job Cost: $1,238<br />
				Resale Value: $903<br />
				Cost Recouped: 73%</p>
			<p>
				<strong>Attic Bedroom Addition </strong><br />
				Job Cost: $50,148<br />
				Resale Value: $36,346<br />
				Cost Recouped: 72.5%</p>
			<p>
				<strong>Kitchen: Minor Remodel </strong><br />
				Job Cost: $19,588<br />
				Resale Value: $14,120<br />
				Cost Recouped: 72.1%</p>
			<p>
				<strong>Garage Door Replacement </strong><br />
				Job Cost: $1,512<br />
				Resale Value: $1,087<br />
				Cost Recouped: 71.9%</p>
			<p>
				<strong>Garage Door Replacement (upscale) </strong><br />
				Job Cost: $2,994<br />
				Resale Value: $2,129<br />
				Cost Recouped: 71.1%</p>
			<p>
				<em>Remodeling&rsquo;s </em>2011-12 Cost vs. Value Report &copy;2011 by Hanley Wood, LLC. Republication or redissemination of the Report is expressly prohibited without written permission of Hanley Wood, LLC.&ldquo;Cost vs. Value&rdquo; is a registered trademark of Hanley Wood, LLC.Visit <a href="http://www.costvsvalue.com/" target="_blank">www.costvsvalue.com</a> for information on all 35 projects. There,&nbsp;you can also download a free PDF providing information on average cost and resale value nationally, regionally, and in a specific market. Estimates for construction costs were compiled by HomeTech Publishing.</p>
			<p>
				Visit <a href="http://houselogic.com/" target="_blank">HouseLogic.com</a> for great remodeling and home maintenance advice.</p>
		</div>
	</div>
</div>
<p>
	&nbsp;</p>]]></description><link>http://www.terry4homes.com/Blog/2011-12-Cost-vs-Value-Big-Bang-Remodeling-Projects</link><guid>http://www.terry4homes.com/Blog/2011-12-Cost-vs-Value-Big-Bang-Remodeling-Projects</guid><pubDate>Fri, 13 Apr 2012 02:00:00 GMT</pubDate></item><item><title>Your Home's Spring Tuneup Essentials</title><description><![CDATA[<p itxtharvested="0" itxtnodeid="143">
	As the weather warms and flowers start blooming, some homeowners are prepping their spring-cleaning checklists. And even if you don&rsquo;t plan to scrub every nook and cranny in your home, there are some springtime tasks you shouldn&#39;t skip.</p>
<p itxtharvested="0" itxtnodeid="142" sizcache="35" sizset="77">
	&quot;Houses don&#39;t last when people don&#39;t take care of the obvious, and a small problem becomes a big problem,&quot; says David Lupberger, home-improvement expert for ServiceMagic and past president of the Master Builder Group, a design/build remodeling company.</p>
<p itxtharvested="0" itxtnodeid="141">
	There is always plenty of work to do, but you don&#39;t want to dedicate every beautiful spring weekend to working around the house. We&#39;ve put together a list of what home-maintenance experts deem the essentials for spring. It will only take a couple of hours to evaluate your home with this checklist and determine what you&#39;ll need to do. If maintenance is needed, dedicate a few hours each weekend and you&#39;ll be done in no time.</p>
<p itxtharvested="0" itxtnodeid="140">
	As Lupberger suggests, let&#39;s &quot;start high and work our way down.&quot;</p>
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	<strong itxtbad="1" itxtnodeid="151">Roof</strong><br itxtnodeid="150" />
	Your first stop is the roof. If you want to tackle this task yourself, make sure you know what you&#39;re doing and are comfortable using a ladder and walking on an often-steep incline. You&#39;ll want to check the shingles for any curling, warping or cupping, and for any granule loss or cracking, says Joan Crowe of the National Roofing Contractors Association. Also check the flashing, those metal pieces that serve as a transition from the roof to a vertical surface like a chimney.</p>
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	&quot;Do a visual inspection and see if anything is loose,&quot; Crowe says. &quot;Make sure everything is secure. Circle around the house and take a looksee.&quot;</p>
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	But Crowe strongly recommends that homeowners don&#39;t climb up there themselves.</p>
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	&quot;Hiring a professional is always the best way to go,&quot; she says.</p>
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	When hiring a contractor to inspect your roof or make repairs, make sure you check their credentials and references. Ask for proof of insurance and get information about the materials they&#39;ll be using and any warranty that comes with them. You can find more information on finding a reliable contractor on the consumer section of the&nbsp;NRCA site.</p>
<p itxtharvested="0" itxtnodeid="132">
	<strong itxtbad="1" itxtnodeid="157">Attic</strong><br itxtnodeid="156" />
	You often can find a problem with your roof by hunting around in the attic for leaks and moisture. If there is a moisture problem, Lupberger says you&#39;ll typically be able to smell it. Keep an eye out for any black mold or green algae, which can be killed using a mild solution of bleach and water. Crowe recommends hiring someone to handle this task, since full eradication can be difficult.</p>
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	While you&#39;re up in your attic, look around for potential animal nests. Sometimes there are small openings that critters can creep through.</p>
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	Another attic task: Check your insulation. Make sure it&#39;s not covering intake vents, Crowe says. And be sure you have enough. Lupberger says the recommendation for homes is R-38, which is 12 inches of blown-in insulation; if you have any less than that, your home isn&#39;t running efficiently. Unless a homeowner is experienced in installing insulation, Lupberger would recommend hiring a pro to handle any augmentation.</p>
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	&quot;As you move into summer, it&#39;ll keep your home cooler and you&#39;ll use less electricity for your air conditioner,&quot; Lupberger says.</p>
<p itxtharvested="0" itxtnodeid="127">
	<strong itxtbad="1" itxtnodeid="159">Gutters</strong><br itxtnodeid="158" />
	You may have dutifully cleaned your gutters in the fall, but a spring check is even more important. Many homeowners would be surprised to learn that more water damage happens to gutters in the spring.</p>
<p itxtharvested="0" itxtnodeid="125">
	The freeze-and-thaw cycles of winter, and the snow loads, may shorten the life of your gutters and downspouts,&quot; rendering them inadequate to handle heavy spring rains, , says Tony Cobb, president of the National Rain Gutter Contractors Association.</p>
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	As you&#39;re clearing debris from the gutters, be sure to check a few other things:</p>
<ul itxtharvested="0" itxtnodeid="122">
	<li itxtharvested="0" itxtnodeid="192">
		Make sure the back of the gutter is secured and that no water is leaking behind the gutter.<br itxtnodeid="193" />
		&nbsp;</li>
	<li itxtharvested="0" itxtnodeid="191">
		Make sure your downspouts are secured to your home and that there is no blockage. You can check for blockage with a leaf blower (listen for the sound of resistance inside) or by tapping on the downspout and listening for a hollow sound.<br itxtnodeid="194" />
		&nbsp;</li>
	<li itxtharvested="0" itxtnodeid="190">
		Make sure water is diverting at least 3 feet away from your home&#39;s foundation. Check for any low spots next to the foundation. Keeping water away from your foundation is the most important job of gutters and downspouts.</li>
</ul>
<p itxtharvested="0" itxtnodeid="121" sizcache="35" sizset="87">
	Cobb reminds homeowners that cleaning the gutters is a dangerous job that kills and seriously injures hundreds of people every year. Hiring a seasoned professional who is comfortable climbing a ladder is the best way to ensure safety. The organization has a contractor locator on its site at nrgca.org.</p>
<p itxtharvested="0" itxtnodeid="149">
	<strong itxtbad="1" itxtnodeid="151">Air conditioning</strong><br itxtnodeid="150" />
	After a chilly winter, you may not be thinking about the hot summer ahead. But acting early to service your air conditioner may get you a discount on service costs and will ensure that you have a cool place to go during that first heat wave while your neighbors are scrambling.</p>
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	Donald Prather with the Air Conditioning Contractors of America recommends getting an air-conditioning system checked twice a year: before winter and before summer</p>
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	&quot;That way you know entering seasonal changes that the equipment has been serviced for the specific season you are entering,&quot; he says.</p>
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	Regular maintenance by homeowners and professionals can save money by lowering energy bills and repair costs, Prather says.</p>
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	Homeowners&nbsp;should change air filters as needed and keep vegetation and debris well away from the outdoor unit of the system. Any blockage to air flow forces the system to work harder to produce the same level of comfort.</p>
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	&quot;You&#39;ll spend more now, and in a few years when the equipment fails,&quot; Prather says.</p>
<p itxtharvested="0" itxtnodeid="141">
	Another simple way to save money is to keep your thermostat at the highest comfortable level in the summer and the lowest in winter. A one-degree change in temperature changes energy consumption by about 4%.</p>
<p itxtharvested="0" itxtnodeid="140" sizcache="35" sizset="76">
	You can find tips and checklists, as well as help finding a reliable contractor, on the&nbsp;ACCA Web site.</p>
<p itxtharvested="0" itxtnodeid="138">
	<strong itxtbad="1" itxtnodeid="157">Take a walk outside</strong><br itxtnodeid="156" />
	Do a complete circle of your house&#39;s exterior, checking for peeling paint or siding. Re-caulk as needed and touch up any paint.</p>
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	&quot;The only purpose of paint is to seal wood surfaces and protect the wood from the elements,&quot; Lupberger says.</p>
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	He says touch-ups can extend the life of your home&#39;s paint job by two or three years, which translates into huge savings.</p>
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	&quot;Fix it now and you&#39;re not repainting next year,&quot; he says.</p>
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	If you have a deck, check for loose boards and see if you need to do any resealing. You should also get your deck cleaned thoroughly at least every other year with a pressure washer. Homeowners can do this themselves, but only if they are experienced in the proper use of a pressure washer, Lupberger says.</p>
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	&quot;With several hundred pounds of water pressure, you don&#39;t want to spray yourself or any other living thing by accident,&quot; he says.</p>
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	And, because the force of the water takes everything off the deck, the power-washing should be followed up with application of a deck sealant. This washing and sealing process will extend the life of the deck.</p>
<p itxtharvested="0" itxtnodeid="130">
	Do some general cleanup in your yard, too. Trim any bushes and trees so they&#39;re several feet away from your home. If you have a sprinkler system, you can get it checked by a professional, who will make sure there aren&#39;t any leaks before you turn it on for the season. Rake up any excess leaves, which can suffocate your lawn and keep it from growing.</p>
<p itxtharvested="0" itxtnodeid="129">
	<strong itxtbad="1" itxtnodeid="162">Start small</strong><br itxtnodeid="161" />
	Pick an easy task to start. Checking one thing off your list will give you a sense of accomplishment &ndash; and the momentum you need to keep going.</p>
<p itxtharvested="0" itxtnodeid="128">
	&quot;Your house lets you know when something is wrong,&quot; Lupberger says. &quot;If you handle these things regularly, it doesn&rsquo;t turn into a huge project; it&rsquo;s just a variety of small ones.&quot;</p>]]></description><link>http://www.terry4homes.com/Blog/Your-Homes-Spring-Tuneup-Essentials</link><guid>http://www.terry4homes.com/Blog/Your-Homes-Spring-Tuneup-Essentials</guid><pubDate>Fri, 23 Mar 2012 02:00:00 GMT</pubDate></item><item><title>12 Mortgage tips for 2012 Homebuyers!</title><description><![CDATA[<p>
	Getting a mortgage loan has become&nbsp;challenging in recent years. Don&#39;t expect that to change anytime soon.</p>
<p>
	Lending standards will remain tight in 2012, but that doesn&#39;t mean you won&#39;t be able to snag a mortgage with an attractive rate. Savvy borrowers who understand the rules and prepare will improve their&nbsp;chances of success.</p>
<p>
	These tips will help you stay on top&nbsp;of your game as you try to secure&nbsp;a mortgage in 2012.</p>
<p>
	<u><strong>1. Study your credit.</strong></u></p>
<p>
	Good credit is the&nbsp;key to snagging a mortgage in this tight lending environment. Get copies of your credit scores and credit&nbsp;history from the three&nbsp;main credit-reporting bureaus. Study the reports carefully to make sure there are no errors or issues to resolve&nbsp;before applying.</p>
<p>
	Most lenders require a minimum credit score&nbsp;of 680&nbsp;to comply with Fannie Mae and Freddie&nbsp;Mac&#39;s guidelines. Federal&nbsp;Housing Administration&nbsp;loans-- which are guaranteed by the FHA-- allow&nbsp;for lower scores, but most lenders want to stay&nbsp;away from scores lower than 620.</p>
<p>
	<strong><u>2.&nbsp;Prepare before you start.</u></strong></p>
<p>
	Every lender requests certain basic documents&nbsp;when you apply for a mortgage.&nbsp;Don&#39;t wait for them to ask.</p>
<p>
	Have these documents ready when you walk into a lender&#39;s office: your last two pay stubs, W-2s, income-tax returns and bank statements.</p>
<p>
	Save these documents&nbsp;and any additional ones the lender requests in an electronic&nbsp;format, so you can&nbsp;easily resend them&nbsp;if anything gets lost.</p>
<p>
	<strong><u>3. Know how&nbsp;much you can afford.</u></strong></p>
<p>
	Don&#39;t rely on your lender to tell you&nbsp;how much mortgage&nbsp;you qualify for and then borrow the&nbsp;maximum amount. Plan your budget, and&nbsp;leave room for unexpected&nbsp;expenses. That&#39;s especially the&nbsp;case when you are buying a house.</p>
<p>
	Bankrate&nbsp;calculators can help you determine how much house you can afford and estimate your monthly mortgage payments.</p>
<p>
	<strong><u>4. Shop around.</u></strong></p>
<p>
	Shopping around&nbsp;for a mortgage should go beyond comparing interest rates. Rates are&nbsp;important, but would&nbsp;be borrowers must consider points, closing costs and different&nbsp;types of loans. Get estimates from three banks and&nbsp;three mortgage&nbsp;brokers before you decide&nbsp;which combination works for you.</p>
<p>
	<strong><u>5. Time is of the essence.</u></strong></p>
<p>
	Once you submit your mortgage&nbsp;application to the lender, the&nbsp;clock starts ticking.&nbsp;Make sure you&nbsp;quickly send in any&nbsp;documents requested during the&nbsp;approval process.&nbsp;</p>
<p>
	For buyers, a&nbsp;delay in closing the loan could kill the purchase and cost them their deposits. When refinancing, a delay could mean losing the interest rate the&nbsp;borrower originally locked in.&nbsp;Ask for an expected closing date, and follow up with the lender periodically until the loan&nbsp;closes. Keep in mind, some lenders close more quickly&nbsp;than others.</p>
<p>
	<u><strong>6. Mortgage approved? Your credit must stay put until closing.</strong></u></p>
<p>
	After the lender&nbsp;pulls your credit and says you&#39;ve been approved, don&#39;t assume you&#39;ve won the battle. Most lenders will&nbsp;pull your credit&nbsp;again before&nbsp;the loan closes.</p>
<p>
	It&#39;s wise to avoid&nbsp;any moves that may affect your credit. Don&#39;t apply for new credit cards or credit&nbsp;lines. Pay your bills on time. Don&#39;t close any accounts. Don&#39;t finance a new&nbsp;car. Stay&nbsp;put until closing.</p>
<p>
	<strong><u>7. Consider refinancing with no closing&nbsp;costs.</u></strong></p>
<p>
	You don&#39;t&nbsp;always have to spend money to save money&nbsp;when refinancing. Many lenders offer mortgages with no closing costs. No, it&#39;s not a&nbsp;free ride. Lenders usually make up for those costs by charging the borrower a&nbsp;slightly higher&nbsp;interest rate. Sometimes the slight&nbsp;increase translates&nbsp;into a few extra&nbsp;dollars in the monthly payment, and the borrower can save thousands in closing costs.</p>
<p>
	<strong><u>8. Consider&nbsp;a shorter-term loan.</u></strong></p>
<p>
	Because&nbsp;interest rates have been at or&nbsp;near rock bottom,&nbsp;short-term&nbsp;loans have become more affordable for many borrowers.</p>
<p>
	Those who have&nbsp;a 30-year mortgage&nbsp;with an interest&nbsp;rate of 6% or higher may be able&nbsp;to refinance into a&nbsp;20-year&nbsp;or 15-year&nbsp;loan while keeping their&nbsp;monthly&nbsp;mortgage payments close to&nbsp;what they pay now. Consider this option&nbsp;even when&nbsp;the short-term&nbsp;loan means slightly higher monthly payments.&nbsp;This is your chance to pay off your mortgage more quickly.</p>
<p>
	<strong><u>9. Receive a gift? Be ready to explain it.</u></strong></p>
<p>
	Did you parents or in-laws give your a few thousand dollars as a gift to help out with the down&nbsp;payment?&nbsp;If so, congratulations-- but make sure you can document and explain where you go the money.</p>
<p>
	FHA loans allow&nbsp;borrowers to receive their&nbsp;down payment as a gift from a relative. For conventional loans,&nbsp;borrowers may receive gifts, but at&nbsp;least a 5% percent down payment must&nbsp;come from their own funds.</p>
<p>
	Borrowers receiving a gift&nbsp;are required to present a gift&nbsp;letter signed by the donor, and they will need a paper trail of the money transfer. Be ready to present statements&nbsp;to show where the money came&nbsp;from when it was deposited into&nbsp;your account.</p>
<p>
	Unless&nbsp;the money&nbsp;is being used for the down payment, avoid receiving large cash deposits in your bank account until your mortgage closes. Any large&nbsp;deposits other than&nbsp;your paycheck will have to be explained&nbsp;to comply with federal regulations.</p>
<p>
	<strong><u>10. Be persistant.</u></strong></p>
<p>
	If one lender rejects your mortgage application, that doesn&#39;t&nbsp;mean all lenders will.&nbsp;Most lenders allow Fannie Mae and Freddie Mac guidelines. In addition, they have their&nbsp;own internal underwriting guidelines, and some are stricter than&nbsp;others.&nbsp;</p>
<p>
	Ask why your mortgage&nbsp;was denied. Depending on the reason, you may be able&nbsp;to take some quick steps to improve your credit,&nbsp;or you might just need to try a different lender.</p>
<p>
	<strong><u>11. Appraisal isn&#39;t enough? Try again.</u></strong></p>
<p>
	If the home appraisal your lender received isn&#39;t enough to back the mortgage loan and you think the appraiser is mistaken, try&nbsp;another lender,</p>
<p>
	You can&#39;t order&nbsp;a second appraisal&nbsp;or pick which appraiser the lender hires, but&nbsp;you can dispute the first appraisal or apply with a different lender.</p>
<p>
	In a perfect world, the appraised&nbsp;value of a home&nbsp;shouldn&#39;t vary drastically from one appraiser to another. But you may find that&nbsp;it does. If you believe&nbsp;the first appraiser&nbsp;is wrong, try a different lender and hope that&nbsp;lender&#39;s appraiser does a better job.</p>
<p>
	<strong><u>12. Seek Help.</u></strong></p>
<p>
	If you are behind on your mortgage or are struggling&nbsp;to keep&nbsp;up with your mortgage payments, seek counseling.&nbsp;</p>
<p>
	The Department of Housing and Urban Development has counseling&nbsp;agencies throughout the country. Homeowners can receive free foreclosure-prevention&nbsp;counseling from HUD-approved counselors. To find a housing counseling agency near you call 800-569-4287 or&nbsp;visit the HUD website.</p>]]></description><link>http://www.terry4homes.com/Blog/12-Mortgage-tips-for-2012-Homebuyers</link><guid>http://www.terry4homes.com/Blog/12-Mortgage-tips-for-2012-Homebuyers</guid><pubDate>Mon, 20 Feb 2012 02:00:00 GMT</pubDate></item><item><title>Happy Valentine's Day!</title><description><![CDATA[<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">There&nbsp;are a lot of ways to&nbsp;show someone that you care&nbsp;about them without having to spend&nbsp;all of the money that is associated with Valentine&#39;s Day, one of the most expensive holidays in the United&nbsp;States next to&nbsp;Christmas. But shhh!!!&nbsp;They do not&nbsp;have to know you saved on their gift!</span></address>
<address style="text-align: center">
	&nbsp;</address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">First let&#39;s talk about flowers!</span></address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">1. Make sure when you are picking out flowers you are looking for tight buds! In other words, look for flowers that don&#39;t look good at that&nbsp;moment-- because they will blossom in a few hours and will stay that&nbsp;way for many days.&nbsp;If those buds are already open, they&#39;ll only last another day or two.</span></address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">2. Do buy from grocery and even warehouse&nbsp;stores. Ask if&nbsp;those stores keep their flowers refrigerated. If so, then they can be&nbsp;just as long-lasting&nbsp;as those at a florist.</span></address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">3. Use the food! If your flowers don&#39;t come with a tiny packet of flower food,&nbsp;ask for it! And use it! That packet isn&#39;t a gimmick-- it really does help.</span></address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">4. If you want, get a live&nbsp;plant!&nbsp;Instead of buying&nbsp;a bunch of roses&nbsp;that will die in a week or two, consider getting someone a live plant. Not only does that person get to enjoy that plant all year&nbsp;round, they could even pick roses from their own garden next year!&nbsp;</span></address>
<address style="text-align: center">
	&nbsp;</address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">Next let&#39;s&nbsp;look at dinner! The cheapest and most&nbsp;romantic meal is homemade.</span></address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">1. Eat elsewhere.&nbsp;Romance means special, and eating in the kitchen doesn&#39;t cut it. Make a move from the table to a cozy spot in your home. If you have a fireplace spread a blanket in front of it and dine &quot;picnic style&quot;. </span></address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">2. Burn&nbsp;for your love. Get&nbsp;a fire lit, whether it&#39;s a fireplace or candles!</span></address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">3. Put the petal to the metal. Make one red rose work for you! Take the petals off the&nbsp;rose and sprinkle them all throughout&nbsp;the area. It really adds a luxurious look and feel to&nbsp;your celebration!</span></address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">4.&nbsp;Flirt with dessert. The&nbsp;last thing you want on a&nbsp;romantic evening is a heavy dessert to weigh down&nbsp;the romance. The best solution is also&nbsp;a cheap one: sorbet. It&#39;s inexpensive&nbsp;and refreshing! If neither of you like sorbet, do a little baking ahead of time and have some heart-shaped cookies!</span></address>
<address style="text-align: center">
	&nbsp;</address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">Lastly, Jewelry!</span></address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">1. There&#39;s more&nbsp;in the store.&nbsp;Many online diamond&nbsp;dealers tout that their stones are certified, so you don&#39;t need to see them. But if you&#39;re spending a lot of money, comparing&nbsp;stones in person and under magnification is important. Use the internet as a pricing guide, but if you can get similar prices from&nbsp;a local jeweler, you&#39;re better off buying locally.</span></address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">2. Certify before you buy.&nbsp;Speaking of certificates,&nbsp;once you like the look, go by the&nbsp;book. Most people&nbsp;know diamonds come&nbsp;with certificates that attest to their &quot;Four C&#39;s&quot;-- cut, carat, color, and clarity.</span></address>
<address style="text-align: center">
	&nbsp;</address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">If you can&#39;t&nbsp;afford jewelry, period, here&#39;s an idea. Along with a nice card,&nbsp;give a handwritten&nbsp;promise to provide some kind of&nbsp;service to your loved one. Pick some chores you normally&nbsp;avoid, and take&nbsp;them on without complaint. Or how about a scrapbook? Prints are cheap, and you don&#39;t even have to do all the work-- assembling a collection of your favorite memories together can be a romantic event in itself!</span></address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">Valentine&#39;s Day does not have to be&nbsp;an expensive&nbsp;holiday for you or&nbsp;anyone else, but that&nbsp;does not mean it&nbsp;has to be skimped on. Take some of these ideas and expand on them any way you&nbsp;wish to fit your situation. Also make&nbsp;it a habit to express your love everyday of the year,</span></address>
<address style="text-align: center">
	<span style="font-family: times new roman,times,serif">not just on February 14th.&nbsp;</span></address>]]></description><link>http://www.terry4homes.com/Blog/Happy-Valentines-Day</link><guid>http://www.terry4homes.com/Blog/Happy-Valentines-Day</guid><pubDate>Tue, 14 Feb 2012 02:00:00 GMT</pubDate></item><item><title>Paying Off Your Mortgage?</title><description><![CDATA[<p>According to CNN, the average mortgage debt in the U.S. is $173,876. Is there any way to pay off the debt faster on your way to financial freedom? Stacy Johnson offers three ways to reach that goal and also what not to do.</p>
<p><strong>Refinance to a shorter loan. </strong>Replacing a 30-year mortgage with a 15-year can save big bucks. For example, if you have a $200,000 mortgage at 5%, paying it over 30 years will result in a total interest tab of $186,511. But shortening the term to 15 years means total interest of just $84,685, for a savings of more than $100,000. Added benefit? The rates on 15-year&nbsp;mortgages are typically lower than those on 30-year loans.</p>
<p>Of course, that 15-year loan also comes with higher monthly payments. The 15-year loan payment in our eample above is nearly $1,600 a month, while the 30-year is less than $1,100.</p>
<p>So, whether this strategy is sound for you comes down to what you can pay per month and how much the switch will cost.</p>
<p>As a rule, housing expenses shouldn't be more than a third of your take-home pay. And because the fees to refinance a mortgage can add up to thousands of dollars, just recouping those cost can take months or even years. So be sure to explore all closing costs and fees. And it always pays to shop around for the best rates.</p>
<p><strong>Make extra payments. </strong>Maybe you've gotten an offer to skip a loan payment (on the mortgage, car, whatever) and wondered why the lender was being so nice. The answer, of course, is that they weren't: You're still going to pay it, probably with extra fees and interest on top. The best thing you can do with any loan is the exact opposite. Pay extra.</p>
<p>A program often offered by mortgage lenders would have you make your payments biweekly rather than monthly. Because there are 26 two-week periods in a year, paying every two weeks equals making 13 monthly payments. That alone would shorten a typical 30-year mortgage to 22 years, and potentially save tens of thousands of dollars in interest.</p>
<p>The problem with mortgage company biweekly plans, however, is that they often come with an upfront fee attached. You can avoid it. Provided there's no prepayment penalty, you can always pay extra on your mortgage without a fee. If you want to mimic the results of a biweekly payment plan, simply add one-twelfth of a payment to your monthly checks. Just make sure the extra money is applied to principle only, rather than prepayment of future payments.</p>
<p><strong>Round Up. </strong>If money is too tight to accelerate your payment schedule or squeeze out an extra payment every year, that's OK. You can still get ahead by doing something you learned in grade school: rounding to the nearest whole figure. Say your payment is $954 a month. When you're thinking of your monthly obligation, do you think of it as "about a grand"? Commit that mental fuge to paper and you'll thank yourself later.</p>
<p>Not to be repetitive, but make sure that extra money reduces to principal. Your bank might not automatically do it.</p>
<p><strong>What Not To Do.</strong> Another option you may have heard is money merge accounts, or MMAs. The basics: You get a home equity line of credit, or HELOC, by borrowing against the value of your house. This line of credit then essentially becomes the bank account you use to pay your bills (including your mortgage) and it's where you deposit your income. Because interest is calculated differently on a HELOC than a standard mortgage-- daily, instead of monthly-- the people who pitch this product make it sound like this will aid in paying off your mortgage in record time.</p>
<p>Of course, using this technique often requires expensive software to watch your MMA transactions and tell you how to time payments.</p>
<p>If using your home as collateral to pay for your home sounds convoluted and risky, that's because it is. You could just as easily come out behind as ahead with bad timing or spending more than you bring in. Whitout discipline and careful planning, you could ultimately lose your home by failing to repay or refinance the loan in time. And it's not clear that this method will save you much money, as Stacy explained in "Should I buy a mortgage acceleration program?"</p>]]></description><link>http://www.terry4homes.com/Blog/Paying-Off-Your-Mortgage</link><guid>http://www.terry4homes.com/Blog/Paying-Off-Your-Mortgage</guid><pubDate>Wed, 01 Feb 2012 11:18:00 GMT</pubDate></item><item><title>America's Top States for Business</title><description><![CDATA[<p><a href="http://www.cnbc.com/id/41665883/">http://www.cnbc.com/id/41665883/</a></p>
<p>Here is one more article about the best states for business!</p>]]></description><link>http://www.terry4homes.com/Blog/Americas-Top-States-for-Business</link><guid>http://www.terry4homes.com/Blog/Americas-Top-States-for-Business</guid><pubDate>Wed, 14 Dec 2011 13:54:00 GMT</pubDate></item><item><title>Top 10 States for Business</title><description><![CDATA[<p><a href="http://money.msn.com/investing/top-10-states-for-business">http://money.msn.com/investing/top-10-states-for-business</a></p>
<p>Here is an article about the "Top 10 States for Business" and North Dakota ranks Number 4!</p>]]></description><link>http://www.terry4homes.com/Blog/Top-10-States-for-Business</link><guid>http://www.terry4homes.com/Blog/Top-10-States-for-Business</guid><pubDate>Wed, 14 Dec 2011 13:52:00 GMT</pubDate></item><item><title>Overcoming the Mortgage Obstacle</title><description><![CDATA[<p>Overcoming the Mortgage Obstacle</p>
<p>Despite historically low home prices and rock-bottom mortgage rates, tight lending standards continue to keep would-be buyers on the sidelines. Higher credit-score requirements and more extensive income documentation requirements have also played a role in discouraging consumers from becoming homeowners.</p>
<p>"The mortgage climate has become a bit more challenging," says Erin Lantz, director of Zillow Mortgage Marketplace. "The lending community is fairly conservative right now."</p>
<p>But while mortgage financing is certainly no easier to come by these days, it's no harder, either. "Borrowers have a little bit of a misconception that you can't get mortgage financing," says Keith Gumbinger, vice president of mortgage information web site HSH.com. "The mentality of 'It's going to be too hard for me to get financing, so I'm not going to bother even looking,' is persistent."</p>
<p>Credit standards stopped tightening about a year ago, Gumbinger says, and the most recent Senior Loan Officer Opinion Survey released by the Federal Reserve indicated that the residential mortgage market has essentially plateaued, meaning the lending climate hasn't become any tighter, but it's not getting any looser. "On net, standards on prime closed-end residential real estate loans and home equity lines of credit were about unchanged during the first quarter of 2011," the Fed press release said.</p>
<p>The prominence of government-sponsored enterprises (GSEs) such as Fannie Mae and Freddie Mac in the mortgage market has further complicated the picture. Gumbinger estimates that 90 percent of home loans are backed by Fannie, Freddie, or the Federal Housing Administration (FHA). There is virtually no private loan market to speak of. "Because Fannie and Freddie so dominate the marketplace, until they make a move or make a change to loosen, nothing is really going to change," Gumbinger says.</p>
<p>Mortgage financing may be the No. 1 worry on would-be home buyers' minds this spring, but there are steps house hunters can take to smooth the way. <em>U.S. News</em> talked to the experts to find out how borrowers can best navigate the tumultuous mortgage market:</p>
<p><strong>Get your paperwork in order.</strong> In the wake of one of the worst recessions in U.S. history, one of the trickiest elements in securing a mortgage this season can be proving assets and continuity of income. Spooked by the foreclosure crisis still shaking out in the housing market, lenders are much more stringent when it comes to determining if a potential borrower can support the weight of a mortgage. "A couple of years ago, you could walk into any place and if you could breathe, you could get a mortgage," Gumbinger says. "Buyers have to align themselves much better with the new lending reality in lending standards. You have to be able to document your income and your assets fully&mdash;not all borrowers can do that, especially self-employed borrowers."</p>
<p>Self-employed individuals are allowed to write off certain amounts of income and business losses, which can create some issues when it comes to applying for a loan. "For self-employed borrowers, in their mind what they make versus what's supported by tax returns&mdash;especially when it comes to business expenses or losses&mdash;we see a lot of problems with that," says Chad Smith, senior vice president of mortgage services at<span style="color: #000000;"> </span><span style="color: #000000;">LendingTree</span>. "The beauty of being self-employed is that you are allowed to write off a lot of your income. However, that can seriously inhibit you from getting a mortgage." To avoid potential hiccups in the process, Smith recommends submitting two years of complete tax returns and asking the lender for pre-qualification as far in advance as possible.</p>
<p>But if your employment history over the past few years is spotty and you've had some financial difficulties, not all hope is lost. While there's not a lot of flexibility in the mortgage market these days, disclosing the details of your financial situation can work to your advantage. "That type of situation makes it more difficult to get a mortgage now than it would have a few years ago," Lantz says, but there are loan programs that have less restrictive guidelines. "Reach out to the lender and explain your particular financial situation and see what the lender can do," she adds.</p>
<p><strong>Credit score is key.</strong> To get the best mortgage rates, you'll need a fairly high credit score, a FICO 740 or above. But even if you don't have the best of credit scores, you still have options. "A higher credit score can reduce the interest rate of a loan, but a lower score doesn't preclude you access to credit," Lantz says.</p>
<p>The FHA still offers an avenue for would-be home buyers with less-than-perfect credit, according to Lantz and other experts. Those who qualify for FHA loans have as little as a 3.5 percent down-payment requirement as opposed to upwards of 20 percent with conforming and nontraditional loans. But a break on the down payment doesn't come free; in addition to annual fees to participate in the program, FHA also has more stringent property quality requirements, a major consideration in a housing market bloated with foreclosed properties.</p>
<p>"We always see buyers run after what they think is a great deal, but they forget that the lender has standards they need to meet for that collateral," Smith says. "Buyers need to be prepared that if they're out buying a distressed property, which are a lot of the sales right now, and there are problems with the property, they may need to come in with a larger down payment."</p>
<p>It might seem like a no-brainer, but borrowers should know their credit score and make sure their credit report is accurate. Along with employment history and income documentation, credit reports are being scrutinized more than ever. Challenged or disputed accounts can throw a wrench into the qualification process. "If you have any disputed accounts, right, wrong, or indifferent, it's going to affect your ability to get financing," Smith says. "Even the smallest detail can derail something."</p>
<p><strong>Be prepared to act.</strong> In today's market climate, things change fast. Mortgage rates can fluctuate by the day or even by the hour, says Lantz, which means when rates dip, consumers need to be ready to lock the rate in. "Most folks think mortgage rates are set once a day at 9 a.m., when in fact, they change throughout the day just like the stock market," Lantz says. Even a small dip in rates can have a meaningful impact over the life of the loan, she stresses. Whether you're looking to refinance or qualify for a new loan, preparation and education is essential. That means being ready with your financing, which in turn can help your credibility as a potential buyer.</p>
<p>"I would encourage consumers to start saving now," Lantz says. "It's not going to help the consumer that's interested in buying tomorrow, but the housing market is in a place where we can expect affordability for a while to come. It's a great time for prospective home buyers to start getting educated now about what type of mortgage they would like, what type of mortgage they qualify for, and what other obstacles they may need to overcome."</p>]]></description><link>http://www.terry4homes.com/Blog/Overcoming-the-Mortgage-Obstacle</link><guid>http://www.terry4homes.com/Blog/Overcoming-the-Mortgage-Obstacle</guid><pubDate>Tue, 20 Sep 2011 13:15:00 GMT</pubDate></item><item><title>LABOR DAY</title><description><![CDATA[<h1 class="articleHeadline">The First Celebration of Labor</h1>
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<p>Of all the holidays on the American calendar, Labor Day is the only one whose origins have what might be called a socially didactic quality. The parades, the speeches, the day of rest, were all initially aimed at sending messages about the class struggle. The grand marshal of the first Labor Day celebration, held in New York City in 1882, has been quoted as saying, ''Let us offer monopolists and their tools of both political parties such a sight as will make them think more profoundly than they have ever thought before.''</p>
<p>According to Ellen M. Litwicki, author of ''America's Public Holidays,'' that first Labor Day was an utterly different kind of holiday than the one we know now, which has little to do with profound thinking of any kind by monopolists, their political tools, or even ordinary workers. Following a mammoth parade, New Yorkers in 1882 crowded into a park where, after much speech-making, they ''ate their lunches, drank beer, listened to German singing societies and Irish fiddlers, danced to union bands, and viewed fireworks displays in the evening.'' It sounds like the Fourth of July, with a touch of St. Patrick's Day and May Day thrown in.</p>
<p>Most of us have trouble hearing the ''labor'' in Labor Day any longer -- the use of the word, that is, that distinguishes labor from management or worker from capitalist. The very radicalism of devoting a day to the honoring of labor's role in the creation of national wealth has been lost to the waning of both union power and a proud sense of class distinction. Laborers have been redefined as ''consumers,'' a category that somehow muddies everything.</p>
<p>But in its time the idea behind Labor Day was genuinely radical, as radical in its own way as the origin of Independence Day. As Ms. Litwicki observes, one of the critical steps in the evolution of Labor Day was balancing the class defiance, even the potential violence, of some forms of trade unionism with the patriotism and the conciliatory spirit of others. What resulted, when it became a legal holiday in 1894, was a version of Labor Day that managed to celebrate business and industry as well as the unions. It also made room at the front of the parade for politicians, who had been excluded from the original Labor Days. It became a holiday that honored sociability more than solidarity.</p>
<p>Now, of course, Labor Day is the starting bell for the steeplechase of autumn. The labor we hear in the name of the day is our own labor, whether we are union or not, worker or management. Many of the things that the members of the parade in 1882 were seeking have been gained by their successors.</p>
<p>What the rest of us have achieved since 1882 is a certain pride in being overworked, a feeling that we live in a whirlwind of effort from which there really is no virtue in ceasing. It is impossible to parade in celebration of that. It is only possible to take the day off, all the way off, and to remember why it was worth honoring labor in the first place.</p>
<p>Have a great Labor Day! <img title="Smile" src="http://www.terry4homes.com/admin/javascript/tiny_mce/plugins/emotions/img/smiley-smile.gif" border="0" alt="Smile" /></p>
</div>]]></description><link>http://www.terry4homes.com/Blog/LABOR-DAY</link><guid>http://www.terry4homes.com/Blog/LABOR-DAY</guid><pubDate>Fri, 02 Sep 2011 14:08:00 GMT</pubDate></item><item><title>How to Organize a Block Party!</title><description><![CDATA[<p style="text-align: center;"><strong><span style="font-family: book antiqua,palatino;">How to Organize a Block Party!</span></strong></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">Neighborhood block parties are a great way to meet your neighbors, enhance community spirit and build neighborhood unity. Although putting a block party together doesn't need to be difficult, it will definitely be more successful with a little careful planning, a lot of neighborhood support and the sharing of organizational responsibilities. </span></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">1.<span style="text-decoration: underline;">Plan the Event.</span></span></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">Your block party will be much more successful if you involve others in&nbsp; planning the event. Host a small planning party and invite a wide variety of your neighbors- including those you don't know- to form a block party committee. Delegate tasks according to each person's strengths.</span></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">The planning committee's first task should be to pick a location, date and time for the event. Typically, block parties are held on a street or cul-de-sac but you might also choose to use a centrally located park or school yard, if you can obtain permission. Schedule the event approximately 4 to 6 weeks in advance. Limiting your event to a 3 to 4 hours time span insures that you will have a more concentrated group of attendees. Plan events for midday in the spring and fall, but wait until evening in the hotter summer months.</span></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">Decide how you will fund the event, and assign a member of your committee to act as Treasurer. Regardless of how you fund the party, make certain the treasurer keeps good track of what money is put into the fund and what it is spent on. Left over funds can be saved for next year's block party! Your group may decide to take up a collection for funds from among neighbors, or to take contributions in the form of donated food, services, equipment, etc. You may also solicit local businesses to contribute food, drinks, and supplies. </span></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">When the balloons are brought down and the barbecues are restored to their back yards, sit down with the planning committee and evaluate the event so that next time you'll remember what not to do and what to be sure to do again.</span></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">2.<span style="text-decoration: underline;">Making it Legal</span></span></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">Making the event a pleasant experience for participants, as well as those who chose not to attend, will not only make your event a success, but may encourage more folks to participate the next time. Be courteous to all of your neighbors by not blocking driveways and by turning down music and lights after 9:00pm. Make certain that your committee assigns a clean up crew to pick up all remnants of the fun day- you might even make a game out of picking up by giving rewards to children who bring in the most trash.</span></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">3.<span style="text-decoration: underline;">Getting People There</span></span></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">Assign members of your planning committee to design and distribute invitations 3 to 4 weeks in advance of the event. Going door-to-door with the invitations adds a personal touch that will help you get more people interested in volunteering for and attending the event. Keep the invitation simple, and remember to include contact names and phone numbers for R.S.V.P.'s and for signing up to bring food or coordinate activities. Let people know if they need to bring their own cooler of beverages, or their own chairs and beach towels.</span></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">You may want to place a short reminder notice on doorknobs one week before the block party, or, if you want to get notice out earlier than when invitions are ready, use your neighborhood newsletter or dues mailing to ask people to "Save the Date".</span></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">4.<span style="text-decoration: underline;">Save the Date</span></span></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">Food is an absolute "MUST" for any large gathering of people. The planning committee should decide how to organize the party food. You may decide to ask people to bring picnic baskets to share with other families; organize a Pot Luck and have people bring foods from different categories (remember that plates, utensils, napkins and drinks should all be categories); plan a "community menu" and assign households to bring specific dishes or beverages; or look into catering the meal. Other creative options include holding a chili or barbeque cook-off, and having kids award prizes to their favorites. Whatever you do, keep track of how many people will be coming to the event, and stay organized by keeping a list of who's bringing what to the party.</span></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">5.<span style="text-decoration: underline;">Keeping People There- Planning Activites</span></span></p>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">Again, a little advanced planning goes a long way, especially when coordinating activities for your participants. Whatever you plan, the following pointers will guarantee fun for everyone:</span></p>
<ul>
<li>
<div style="text-align: left;"><span style="font-family: book antiqua,palatino;">Plan activities that will get a wide range of neighbors involved- kids, adults, men and women alike.</span></div>
</li>
<li>
<div style="text-align: left;"><span style="font-family: book antiqua,palatino;">Encourage older kids to help organize games for younger children.</span></div>
</li>
<li>
<div style="text-align: left;"><span style="font-family: book antiqua,palatino;">Choose games that involve teams and/or groups of people such as sack races, the orange pass, tug of war, relays, water balloon tosses, or watermelon eating contests.</span></div>
</li>
<li>
<div style="text-align: left;"><span style="font-family: book antiqua,palatino;">Don't over-plan. Use games to get people involved in the early stages of the block party and during down times to encourage people to stay. Give folks the opportunity to relax and talk as well.</span></div>
</li>
<li>
<div style="text-align: left;"><span style="font-family: book antiqua,palatino;">Organize on-going activities to keep younger children busy, such as chalk drawing on the sidewalks, finger painting, kite flying, etc.</span></div>
</li>
</ul>
<p style="text-align: left;"><span style="font-family: book antiqua,palatino;">Regardless of what you plan for your block party, getting a wide variety of people involved in the planning, staying organized, and keeping an open mind will help make the event successful. Remember, it doesn't take a hundred people or even fifty to have a successful event. If your neighbors meet a few new families and get to know each other a little better, you're already beginning to enhance your community. Make the event a positive experience for the entire neighborhood, and you'll be sure to attract even more folks the next time around!</span></p>]]></description><link>http://www.terry4homes.com/Blog/How-to-Organize-a-Block-Party</link><guid>http://www.terry4homes.com/Blog/How-to-Organize-a-Block-Party</guid><pubDate>Wed, 24 Aug 2011 15:41:00 GMT</pubDate></item><item><title>Getting Back to School</title><description><![CDATA[<p>Summer&rsquo;s been a blast, but it&rsquo;s time to put away the beach towels and get ready for a new school year. Whether you are excited for school to resume or wish summer would never end, the transition will be smoother with a little planning and a positive attitude.</p>
<p>Here are some ways to get ready and motivated for a great year.</p>
<p><strong>Getting Geared Up</strong></p>
<p>For many families, buying new stuff is a fun way to get into the back-to-school groove. But if you&rsquo;re not careful, shopping can be a budget buster. Choose new items wisely but don&rsquo;t overbuy.</p>
<p><strong>School clothes:</strong> Work with your kids to decide what types of clothes they want and need. Look at circulars and magazines to see what styles appeal to them. When you see basics such as socks and jeans on sale, stock up. Get your fashion-conscious children excited for the new school year with a new outfit purchased early in the back-to-school season.</p>
<p><strong>School supplies:</strong> Start looking early on for items you know your kids will need. Designate a box for supplies so you can stay organized as items accumulate. Let your kids select their own backpacks and other items. Give older kids a budget and let them shop for their supplies.</p>
<p><strong>Technology:</strong> Tech tools can be expensive. Figure out what your kids will need and prioritize. Some tools&mdash;like graphing calculators&mdash;are mandatory. Others are optional. Check with the teacher to find out what types of assignments your child will be doing and what kind of computer programs and gadgets make sense.</p>
<p><strong>Getting Kids&rsquo; Minds Ready</strong></p>
<p>Kids learn during the summer, even if they don&rsquo;t know it. If they&rsquo;re on the swim team, they learned about decimals by tracking their times. If they visited an amusement park, they probably read a map to figure out how to squeeze in the most roller coasters. As you gear up to go back to school, you might want to encourage more direct learning.</p>
<p><strong>Academics:</strong> Teachers have different opinions on whether kids should review academics before starting a new school year. Some say enriching activities such as zoo and museum visits are more important than workbooks and rote review. But most agree that if your child has been struggling in school, it&rsquo;s useful to take time to review last year&rsquo;s curriculum. You want to keep those hard-won skills from eroding. Some kids, especially young ones, enjoy math and reading worksheets. Indulge them!</p>
<p><strong>Books:</strong> The most important thing your child can do over the summer to keep her mind sharp is read. As you get ready for a new school year, make sure she has completed any required reading. If she&rsquo;s having trouble with motivation, try playing an audio book or reading the book aloud together. If your child&rsquo;s school does not require students to read specific books over the summer, look for enjoyable books that tie into the social studies curriculum for the next year. Parents are often reluctant to encourage breezy reading, but many librarians say children who love to read series books and other lighter fare grow into voracious readers as adults.</p>
<p><strong>Study skills:</strong> If your child struggles to meet your expectations on report cards, he might not know how to study. Each year, the schoolwork gets harder and your child will be expected to do more independent learning. Spending some time on study skills before a new school year could be a wise investment. Your child&rsquo;s former or future teacher can offer suggestions based on your child&rsquo;s learning style.</p>
<p><strong>Getting Kids&rsquo; Bodies Ready</strong></p>
<p>For most kids, their daily lives are much less structured during the summer. The shift back to the school year can be hard. Take into account your kids&rsquo; personalities and habits to determine how soon you need to start easing back into the school routine.</p>
<p><strong>Bedtimes:</strong> Sleeping late is a sublime summer pleasure. But it can wreak havoc on kids&rsquo; bodies if they have to suddenly start waking up early. Consider a step-down approach, gradually getting your kids to go to bed and wake up earlier.</p>
<p><strong>Eating routine:</strong> During the summer, many kids get into the habit of grazing, snacking all day long and eating meals at irregular times. Just like you gradually adjust bedtimes, you might want to gradually get back into structured eating habits. For example, consider closing the kitchen during off hours, such as after breakfast and before the mid-morning snack, between snack and lunchtime, between lunchtime and 3 p.m., and then before dinner. Use a cord to block off entries and hang a sign that says &ldquo;Kitchen Is Closed.&rdquo;</p>
<p><strong>Immunizations:</strong> Ouch! No one likes shots, but you need to make sure your kids&rsquo; vaccinations are up to date. Schedule appointments early. If you have done your research and want to decline certain vaccines, check the policies at your child&rsquo;s school and see which forms you need to sign to get an exemption.</p>
<p><strong>Getting the Family Ready</strong></p>
<p><strong>Family command center:</strong> Wall calendars can get crowded if you try to fit all your scheduling information on them. Instead, consider a command center that includes a wall calendar as well as separate charts for responsibilities and behavior. Include a shopping list that everyone can contribute to and pockets or folders to hold school papers and birthday party invitations.</p>
<p><strong>Family meeting:</strong> Gather the brood together for a fun, motivating planning session. Talk about school lunch. Will your kids bring their lunch or buy it at school? If they want to bring lunch every day, are they willing to take responsibility for packing it? Talk about homework routines, wake-up times, breakfast, and all the other little details that make for smooth mornings and relaxing evenings.</p>
<p><strong>Schedule activities:</strong> Decide which activities each child will participate in. Start filling out forms and writing checks. Work out transportation, especially if your kids have overlapping commitments.</p>
<p><strong>School information:</strong> If any of your kids will be starting new schools, schedule a tour and a meeting with the principal. Find out if there is an orientation session as well as the usual curriculum night and other back-to-school activities. Find out when your kids will learn their classroom assignment. Don&rsquo;t forget to touch base with the parent organization to make sure you don&rsquo;t miss the first meeting.</p>
<p><strong>Kid responsibilities:</strong> If your kids have enjoyed a summer free of obligations, you might want to assign some chores, just to get them back in the habit of being responsible. Look for age-appropriate chores and activities your kids might even embrace. For unpleasant tasks like scrubbing the tub, consider a rotation.</p>
<p>Getting ready for back-to-school doesn&rsquo;t have to be a drag. Emphasize the new school year as a fresh start and a chance to get off on the right foot and avoid bad habits like procrastination. Keep an upbeat attitude, and your kids will feel positive and energetic, too. <img title="Smile" src="http://www.terry4homes.com/admin/javascript/tiny_mce/plugins/emotions/img/smiley-smile.gif" border="0" alt="Smile" /></p>
<p>&nbsp;</p>]]></description><link>http://www.terry4homes.com/Blog/Getting-Back-to-School</link><guid>http://www.terry4homes.com/Blog/Getting-Back-to-School</guid><pubDate>Fri, 05 Aug 2011 09:34:00 GMT</pubDate></item><item><title>6 Tips for a Hot Summer Day!</title><description><![CDATA[<p>I love the sun as much as any other person, especially since we endure long dreary winters in North Dakota.</p>
<p>All this sun and heat is so great when you&rsquo;re sitting out on a sun deck somewhere with a cool drink and a good book! Since we live in North Dakota where it&rsquo;s cold 7 of the 12 months in a year, we need to be prepared for a hot summer. Sunshine is scientifically proven to make people happy and I know it always brightens my day. So I came up with a few tips that can help you stay cool on a hot summer day!</p>
<p><strong>1. Drink water</strong></p>
<p>Not soda, not juice, not fancy sports drinks. Iced water, maybe with a few lemon slices, is heaven on a hot day. Drink cool water because freezing cold water can give you stomach cramps.</p>
<p><strong>2. Try doing most activities in the morning or evening</strong></p>
<p>It&rsquo;s always cooler in the morning or evening hours when the sun is just coming up or setting.</p>
<p><strong>3. Wear loose clothing</strong></p>
<p>Needless to say, when there&rsquo;s sweat streaming out your pores on every inch of your body, you don&rsquo;t want it trapped under a tight t-shirt.</p>
<p><strong>4. Frozen grapes</strong></p>
<p>Ice-cream has sugar which can leave you feeling thirsty but frozen fruits are perfect. Technically you can freeze anything but grapes are easy to grab and go.</p>
<p><strong>5. Have wet wipes on hand</strong></p>
<p>Pretty self-explanatory, these are good to keep around when you&rsquo;re feeling extra sweaty and grimy.</p>
<p><strong>6. Escape!</strong></p>
<p>If all else fails, head to the nearest mall for a few hours of free air-conditioning. It&rsquo;s what anyone would do for some nice cool air!</p>
<p>If you remember these tips I&rsquo;m sure that you will be able to enjoy the summer a little bit better and be able to appreciate more things in the heat!</p>
<p>&nbsp;</p>]]></description><link>http://www.terry4homes.com/Blog/6-Tips-for-a-Hot-Summer-Day</link><guid>http://www.terry4homes.com/Blog/6-Tips-for-a-Hot-Summer-Day</guid><pubDate>Fri, 22 Jul 2011 14:18:00 GMT</pubDate></item><item><title>Fireworks Safety</title><description><![CDATA[<p>With warm weather and family events, the Fourth of July can be a fun time with great memories. But before your family celebrates, make sure everyone knows about fireworks safety.</p>
<p>If not handled properly, fireworks can cause burn and eye injuries in kids and adults. In 2010, three deaths were linked to fireworks and hospital emergency departments treated 8,600 fireworks injuries.</p>
<p>Lighting fireworks at home isn't even legal in many areas, so if you still want to use them, be sure to check with your local police department first. If they're legal where you live, keep these safety tips in mind:</p>
<p>1. Kids should never play with fireworks. Things like firecrackers, rockets, and sparklers are just too dangerous. If you give kids sparklers, make sure they keep them outside and away from the face, clothing, and hair. Sparklers can reach 1,800 degrees Fahrenheit- hot enough to melt gold.</p>
<p>2. Buy only legal fireworks, and store them in a cool, dry place. Illegal fireworks usually go by the names M-80, M100, blockbuster, or quarterpounder. These explosives were banned in 1966, but still account for many fireworks injuries.</p>
<p>3. Never try to make your own fireworks.</p>
<p>4. Always use fireworks outside and have a bucket of water and a hose nearby in case of accidents.</p>
<p>5. Steer clear of others- fireworks have been known to backfire or shoot off in the wrong direction. Never throw or point fireworks at someone, even in jest.</p>
<p>6. Don't hold fireworks in your hand or have any part of your body over them while lighting. Wear some sort of eye protection, and avoid carrying fireworks in your pocket- the friction could set them off.</p>
<p>7. Point fireworks away from homes, and keep away from brush and leaves and flammable substances. The National Fire Protection Associaton estimates that local fire departments respond to more than 50,000 fires caused by fireworks each year.</p>
<p>8. Light one firework at a time (not in glass or metal conatiners), and never relight a dud.</p>
<p>9. Don't allow kids to pick up pieces of fireworks after and event. Some may still be ignited and can explode at any time.</p>
<p>10. Soak all fireworks in a bucket of water before throwing them in the trash can.</p>
<p>Fireworks are meant to be enjoyed, but you'll enjoy them much more knowing your family is safe! Take extra precautions this Fourth of July and your holiday will be a blast!!!</p>]]></description><link>http://www.terry4homes.com/Blog/Fireworks-Safety</link><guid>http://www.terry4homes.com/Blog/Fireworks-Safety</guid><pubDate>Fri, 01 Jul 2011 10:51:00 GMT</pubDate></item><item><title>10 Tips for Saving Money in the Garden</title><description><![CDATA[<p class="FirstPar">Carefully plan and plot your garden to add value to your home and make the most of your time and money.</p>
<p>&nbsp;</p>
<p>A garden without a plan is like a journey without a destination: You waste a lot of time and money and end up nowhere. High-quality landscaping, however, adds to the value of your home (http://ezinearticles.com/?How-Does-Landscaping-Effect-Your-Homes-Value?&amp;id=873923): The return on investment is 100% to 200%, according to a study conducted by the American Society of Landscape Architects and Money Magazine.</p>
<p>So don't impulsively drive to your garden center. Walk your land, consult an almanac, test the soil, and make a budget. You'll save your back, your budget, and your home's curb appeal.</p>
<p>Tip #1: Get to know your land</p>
<p>Before shelling out money for new plants, consider what's thrived and died in past gardens. Ask, "Is this plant doing its job? Adding beauty? Providing shade? Creating borders?" Give a pink slip to landscaping that's not pulling its weight.<br /> <br /> If you're a newcomer to gardening or to the area, scout the neighborhood to see which plants look happy and which wither on the vine.<br /> <br /> Keep in mind that even plants appropriate for your growing zone (http://www.usna.usda.gov/Hardzone/ushzmap.html) might not work in your personal patch. Your particular soil conditions, sunlight patterns, pest populations, and available water will determine what will grow. Your local cooperative extension service (http://www.csrees.usda.gov/Extension/) can analyze your soil and recommend amendments and suitable plantings.</p>
<p>Tip #2: Become sun savvy</p>
<p>Even experienced gardeners make mistakes. They plant shade-loving plants in full sun or sun-loving plants in partial shade. Before planting anything in your garden, compare the amount of sunlight your landscaping needs for the amount you have.</p>
<p>Evaluating garden sunlight is tricky because daylight is a moving target: Seasons change and plants mature and cast different shadows.</p>
<p>So before plotting plant beds and tree locations, study the movement of the sun throughout the day and, if you have time, throughout the year. Calculate how many hours of sun each garden section receives. Then check planting directions to make sure your greenery will get what it needs.</p>
<p>Tip #3: Become water wise</p>
<p>Over-watering plants can kill your landscaping and budget. To avoid death by water, know how much and when your greens need to drink: Sales tags should have watering directions.<br /> <br /> Drip hoses are thrifty ways to water plants, because the water goes directly to roots, drop by drop. Wind drip hoses around tree bases and bottoms of shrubs. Put hoses on automatic timers to avoid over-watering.<br /> <br /> If you have an in-ground sprinkler system, (http://www.houselogic.com/articles/water-saving-irrigation-strategies/) install an ET (evapotranspiraton) controller. These systems, which use real-time weather data sent by satellite to control when sprinklers turn on and off, can cut water use by as much as 30%. The controller costs between $300 and $400, depending on system size, but many municipal water agencies offer rebates, particularly in the arid Southwest.</p>
<p>Tip # 4: Mulch much</p>
<p>Spreading a few inches of mulch in landscaping beds protects your plants and shrubs from drying out, and makes beds look tidy and uniform. Mulch also keeps down weeds and moderates soil temperature.<br /> <br /> Organic mulches--grass clippings, wood chips, pine needles--eventually decompose and add vital nutrients to your soil and landscaping. Organics also encourage worm growth, nature's own soil tillers and fertilizers.<br /> <br /> Shredded bark mulch from the garden center provides a rich look for your beds, adding curb appeal. It also prevents dirt from splashing on leaves.</p>
<p>Tip #5: Color your garden</p>
<p>Stick to a simple color scheme for flowers and blooming shrubs in your garden. Your landscaping will look more cohesive and professional.<br /> <br /> Massing plants of coordinated colors creates a sense of luxury and order. If you like pinks, add lavenders and blue-hued plants. If hot red is your color, mix with yellows and oranges.<br /> <br /> Keeping to a single color family in your garden also narrows your focus when roaming plant center aisles. If you are a gardening newbie and can't tell a tea rose from a trumpet vine, ask the store's plant expert for help. Most will be glad to exchange their knowledge for a sale.<br /> <br /> Also, gardening catalogs (http://www.bhg.com/gardening/plans/) and websites often group complementary colors together. Some even provide a complete landscape plan, which you can faithfully recreate.</p>
<p>Tip #6: Avoid invaders</p>
<p>Ivies, grasses, and vines will fill in your garden quickly, and just as quickly take over your landscaping. Once these "invasives" take root, unearthing them is difficult, and in some cases, impossible.<br /> <br /> Your garden center doesn't call these spreaders "invasives." They are billed as "fast growers" or "aggressives," but often that's code for non-native plants that take over the landscape and crowd out locals by stealing nutrients, light, and water.<br /> <br /> The U.S. Department of Agriculture maintains a list of invasives (http://plants.usda.gov/java/noxiousDriver) that includes various ivies, grasses, weeds, vines, self-seeding varieties of bushes and shrubs, and even seemingly innocuous herbs, like mint. Your county extension service can steer you toward the species best suited to your garden. Warning: If you love growing mint, grow it in a pot on your deck or patio.</p>
<p>Tip #7: Beware of neighbors bearing green gifts</p>
<p>&nbsp;</p>
<p>&nbsp;You should love thy neighbor, but don't ever take cuttings from their gardens unless you know exactly what they are and how they grow. Self-seeding perennials, such as Black-Eyed Susans and coneflowers, will quickly fill bare spots with splashes of color. If you tire of them, just grab a spade and dig them out.<br /> <br /> But if a neighbor extends a slender stalk of Rose of Sharon, or other invasive tree species, run away screaming. These trees will spread throughout your yard and grow roots so deep that only a professional--or the better part of your weekend--can dig and pull them out.</p>
<p>&nbsp;</p>
<p>&nbsp;Tip #8: Plant shade trees for natural A/C</p>
<p>Shade trees planted on the south and west sides of a house reduce cooling bills--up to 25%--and lower net carbon emissions. So include shade trees in your landscaping plan.<br /> <br /> Choose shade trees (http://srmi.biz/Tips.Low_Cost_Cooling.Choosing_shade_trees.htm) according to their size at maturity, which could be 20 years away. Dense deciduous trees (http://www.ext.colostate.edu/pubs/garden/07419.html) --maples, poplars, cottonwoods--are good selections because their leaves cool your house in summer, and their bare branches let light in during winter. Plant them close enough to shade your house, but not so close that they will overwhelm the space.<br /> <br /> If you want a faster growing shade tree, about 2 feet per year, select a northern red oak, Freeman maple, or tulip tree.</p>
<p>Tip #9: Power down your lawn mower</p>
<p>The Environmental Protection Agency (http://www.peoplepoweredmachines.com/faq-environment.htm) says gas-powered lawn mowers contribute as much as 5% of the nation's air pollution. Switching to new generation electric and push-reel mowers-which are lighter, quieter, and kinder to your lawn than power mowers-reduces emissions and cuts fuel consumption.</p>
<p>To mow three-quarters of an acre of grass with a power mower requires 1 gallon of gas. As gas prices head to $4 per gallon, you could save $100 a year by switching to a muscle-powered or electric machine. An electric or good push-reel mower (http://www.peoplepoweredmachines.com/reel_mower_landing.htm?gclid=CLWYvbHPyZwCFRHxDAodWDHGJQ) costs $150 to $250, so it will quickly pay for itself.</p>
<p>Tip #10: Grade your landscaping</p>
<p>Once a year, walk your property, cast a hard eye on your garden beds and ask, "Is that plant doing its job? Is it growing into its space, or wandering wherever it likes? Are leaves healthy or spotted with mold and pests? Are these greens improving curb appeal or just making my house look overrun?"</p>
<p>If a plant or shrub isn't working out, it's compost. If shrubs are growing too close to your foundation--1 foot away is good--transplant or prune them.</p>
<p>Make sure trees are growing no closer to your house than the width of their mature canopies. Otherwise roots can burrow into foundations, and overhanging branches can trap moisture against the roof or siding, leading to rot and insect damage.<br /> <br /> Check your flowering plants and shrubs to see if they are indeed flowering. Too few or dull blossoms should rally after a dose of fertilizer or layer of compost. An inexpensive alterative to commercial fertilizers is manure tea. Fill the foot of old pantyhose with a clump of cow or horse dung, tie the hose to the watering can handle, and let the manure steep in water. You can get weeks of nutrition from a little bit of dung.</p>
<p>Jeanne Huber is the author of 10 books about home improvement and writes a weekly column about home care for the Washington Post</p>]]></description><link>http://www.terry4homes.com/Blog/10-Tips-for-Saving-Money-in-the-Garden</link><guid>http://www.terry4homes.com/Blog/10-Tips-for-Saving-Money-in-the-Garden</guid><pubDate>Mon, 07 Mar 2011 02:00:00 GMT</pubDate></item><item><title>Improve Credit Score with These Home Finance Tips</title><description><![CDATA[<p class="Small">By: Gwen Moran<br /> Published: October 22, 2010<br /> <br /></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>How you manage your home ownership finances affects your credit score--and your ability to refinance later. Your credit score affects how much you'll pay for a mortgage or refinance-or even if you can get one at all. Master the six ways to manage home-related spending to keep your credit score braggingly high.</p>
<h2>1. Postpone that refinance until your credit is squeaky clean</h2>
<p>Even a small blemish on a credit report can cost you at closing. Money expert Denise Winston found that out firsthand: Her husband hadn't paid a $40 pager charge. The unpaid bill was turned over to a collection agency and ended up damaging his credit score.<br /> <br /> Because of that one small unpaid bill, the interest rate on the couple's mortgage was 0.25% higher than if he'd had a clean score. Put another way, that's $13,000 over the life of the loan.<br /> <br /> The lesson? Even small items can damage your financial position. Get your credit report beforehand to see if there's anything damaging.</p>
<h2>2. Pay your mortgage-now</h2>
<p>Not all late payments are created equal: Almost nothing hits your credit score harder than a late mortgage payment. Payment history generally accounts for 35% of your credit score, which is bad enough, but credit score agencies consider late home payments graver than late credit card or car loan payments.<br /> <br /> In fact, credit score agency VantageScore will knock off more than 100 points beyond what it would do for delinquent auto loans or credit cards.<br /> <br /> But if you think you can improve your credit score with early payments, think again. Geoff Williams, co-author of<em> Living Well with Bad Credit,</em> says it may make a slightly positive impression on today's risk-averse lender, but it won't make a big difference in getting future credit.</p>
<h2>3. Cool it on second mortgages and HELOCs</h2>
<p>Drawing down a second mortgage or HELOC can have a negative impact on your credit score because 30% of your credit score is based on how much you owe to creditors. However, if you pay the loan on time, it will have less of an impact, says Winston.<br /> <br /> Also, you can mitigate the credit score damage of a HELOC by staying within 30% of the limit.</p>
<h2>4. Protect your mortgage to protect your insurance rates</h2>
<p>Late payments on your mortgage may also affect your home owners and automobile insurance rates, potentially costing you hundreds of dollars a year, says Williams. Insurers may assume that if you're strapped for cash and pay your bills late, you're more likely to file a claim because you need the money.</p>
<h2>5. Pay your utility bills and property taxes on time</h2>
<p>If you're late on your utility bills and your account is assigned to a collection agency, that agency may report it, causing a drop in your credit score, says Winston. The good news is that utility companies often don't bother to report late bills to credit bureaus until your delinquency becomes serious.<br /> <br /> Interestingly, late payment of property taxes won't affect your credit score unless you find yourself with a lien on your property. Since liens are public records, they may appear on your credit report and might cause a drop in your credit score.</p>
<h2>6. Refinancing? Beware of taking out equity, too</h2>
<p>Refinancing your home generally won't have an impact on your credit score as long as you continue to pay your loan on time, says Williams. However, if you extract equity in the deal, you could marginally affect your credit score because the amount you owe will increase.<br /> <br /> Gwen Moran is a freelance business and finance writer from the Jersey shore. She's the co-author of The Complete Idiot's Guide to Business Plans and writes frequently about real estate.</p>]]></description><link>http://www.terry4homes.com/Blog/Improve-Credit-Score-with-These-Home-Finance-Tips</link><guid>http://www.terry4homes.com/Blog/Improve-Credit-Score-with-These-Home-Finance-Tips</guid><pubDate>Thu, 03 Mar 2011 02:00:00 GMT</pubDate></item><item><title>7 Tips for Improving Your Credit</title><description><![CDATA[<p class="Small">By: G. M. Filisko<br /> Published: February 25, 2010</p>
<p>Here's how to clean up your credit so you get the least-expensive home loan possible. Getting the loan that suits your situation at the best possible price and terms makes homebuying easier and more affordable. Here are seven ways to boost your credit score so you can do just that.</p>
<h2>1. Know your credit score</h2>
<p>Credit scores range from 300 to 850, and the higher, the better. They're based on whether you've paid personal loans, car loans, credit cards, and other debt in full and on time in the past. You'll need a score of at least 620 to qualify for a home loan and 740 to get the best interest rates and terms.</p>
<h2>2. Correct errors on your credit report</h2>
<p>If you find mistakes on your credit report, write a letter to the credit-reporting agency explaining why you believe there's an error. Send documents that support your case, and ask that the error be corrected or removed. Also write to the company, or debt collector, that reported the incorrect information to dispute the information, and ask to be copied on any materials sent to credit-reporting agencies.</p>
<h2>3. Pay every bill on time</h2>
<p>You may be surprised at the damage even a few late payments will have on your credit score. The easiest way to make a big difference in your credit score without altering your spending habits is to diligently pay all your bills on time. You'll also save money because you'll keep the money you've been spending on late fees. Credit card or mortgage companies probably won't report minor late payments, those less than 30 days overdue, but you'll still have to pay late fees.</p>
<h2>4. Use credit carefully</h2>
<p>Another good way to boost your credit score is to pay your credit card bills in full every month. If you can't do that, pay as much over your required minimum payment as possible to begin whittling away the debt. Stop using your credit cards to keep your balances from increasing, and transfer balances from high-interest credit cards to lower-interest cards.</p>
<h2>5. Take care with the length of your credit</h2>
<p>Credit rating agencies also consider the length of your credit history. If you've had a credit card for a long time and managed it responsibly, that works in your favor. However, opening several new credit cards at once can lower the average age of your accounts, which pushes down your score. Likewise, closing credit card accounts lowers your available credit, so keep credit cards open even if you're not using them.</p>
<h2>6. Don't use all the credit you're offered</h2>
<p>Credit scores are also based on how much credit you use compared with how much you're offered. Using $1,000 of available credit will give you a lower score than having $1,000 of available credit and using $100 of it. Occasionally opening new lines of credit can boost your available credit, which also affects your score positively.</p>
<h2>7. Be patient</h2>
<p>It can take time for your credit score to climb once you've begun working to improve it. Keep at it because the more distance you put between your spotty payment history and your current good payment record, the less damage you'll do to your credit score.</p>
<h2>Other web resources</h2>
<p>How FICO scores are calculated (http://www.myfico.com/CreditEducation/WhatsInYourScore.aspx)<br /> <br /> Answers to frequently asked credit report questions (https://www.annualcreditreport.com/cra/helpfaq)</p>
<p>G.M. Filisko is an attorney and award-winning writer who keeps a close eye on her credit scores. A frequent contributor to many national publications including Bankrate.com, REALTOR Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.</p>]]></description><link>http://www.terry4homes.com/Blog/7-Tips-for-Improving-Your-Credit</link><guid>http://www.terry4homes.com/Blog/7-Tips-for-Improving-Your-Credit</guid><pubDate>Thu, 24 Feb 2011 02:00:00 GMT</pubDate></item><item><title>Valentine's Day</title><description><![CDATA[Every February we celebrate Valentine's Day by giving flowers, candy and cards to those we love. We do this in honor of Saint Valentine. You may be wondering, "Who is St. Valentine"? Time to brush up on your Valentine's history!

Legend has it that Valentine was a priest who served during third century Rome. There was an Emperor at that time by the name of Claudius II. Emperor Claudius II decided that single men made better soldiers than those that were married. With this thought in mind he outlawed marriage for young men in hopes of building a stronger military base. Supposedly, Valentine, decided this decree just wasn't fair and chose to marry young couples secretly. When Emperor Claudius II found out about Valentine's actions he had him put to death.

Another legend has it that Valentine was an imprisoned man who fell in love with his jailer's daughter. Before he was put to death he sent the first 'valentine' himself when he wrote her a letter and signed it 'Your Valentine', words still used on cards today.

Perhaps we'll never know the true identity and story behind the man named St. Valentine, but this much is for sure...February has been the month to celebrate love for a long time, dating clear back to the Middle Ages. In fact, Valentines ranks second only to Christmas in number of greeting cards sent.

Another valentine gentleman you may be wondering about is Cupid (Latin cupido, "desire"). In Roman mythology Cupid is the son of Venus, goddess of love. His counterpart in Greek mythology is Eros, god of love. Cupid is often said to be a mischievous boy who goes around wounding both gods and humans with his arrows, causing them to fall in love. 

http://holidays.kaboose.com/valentines-day/history/val-history.html]]></description><link>http://www.terry4homes.com/Blog/Valentines-Day</link><guid>http://www.terry4homes.com/Blog/Valentines-Day</guid><pubDate>Mon, 14 Feb 2011 02:00:00 GMT</pubDate></item><item><title>Deep Cleaning Tips</title><description><![CDATA[<h1>Cleaning House: Secrets of a Truly Deep Clean</h1>
<p class="Small">Article From HouseLogic.com</p>
<p class="Small">By: Jane Hoback<br /> Published: January 14, 2011</p>
<p class="FirstPar">Deep clean your house and you'll brighten rooms and maintain your home's value.</p>
<p>Deep cleaning your house is that top-to-bottom, take-no-dust-bunny-prisoners, mother-in-law-quality cleaning that truly maintains the value of your home.</p>
<p>Here are frequently overlooked areas that a little spit and polish wouldn't hurt.</p>
<h2>De-bug the light fixtures</h2>
<p>See that bug burial ground within your overhead fixtures? Turn off the lights and carefully remove fixture covers, dump out flies and wash with hot soapy water. While you're up there, dust bulbs. Dry everything thoroughly before replacing the cover.</p>
<h2>Vacuum heat vents and registers</h2>
<p>Dirt and dust build up in heat vents and along register blades. Vents also are great receptacles for coins and missing buttons. Unscrew vent covers from walls or pluck them from floors, remove foreign objects, and vacuum inside the vent. Clean grates with a damp cloth and screw back tightly.</p>
<h2>Polish hardware</h2>
<p>To deep clean brass door hinges, handles, and cabinet knobs thoroughly wipe with a damp microfiber cloth, then polish with Wright's or Weiman brass cleaner&nbsp; ($4). Dish soap shines up glass or stainless steel knobs. Use a Q-tip to detail the ornamental filigree on knobs and handles.</p>
<h2>Replace grungy switch plates</h2>
<p>Any amateur can wipe a few fingerprints off cover plates that hide light switches, electric outlets, phone jacks, and cable outlets. But only deep cleaners happily remove plates to vacuum and swipe the gunk behind. (OK, we're a little OCD when it comes to dirt!) Make sure cover plates are straight when you replace them. And pitch plates that are beyond the help of even deep cleaning. New ones cost less than $2 each.</p>
<h2>Neaten weather stripping</h2>
<p>Peeling, drooping weather stripping on doors and windows makes rooms look old. If the strip still has some life, nail or glue it back. If it's hopeless, cut out and replace sections, or just pull the whole thing off and start new. A 10-ft. roll of foam weather stripping costs $8; 16-ft. vinyl costs about $15.</p>
<h2>Replace stove drip pans</h2>
<p>Some drip pans are beyond the scrub brush. Replacing them costs about $3 each and instantly freshens your stove.<br /> <br /> Jane Hoback is a veteran business writer who has written for the Rocky Mountain News, Natural Foods Merchandiser magazine, and ColoradoBIZ Magazine.</p>]]></description><link>http://www.terry4homes.com/Blog/Deep-Cleaning-Tips</link><guid>http://www.terry4homes.com/Blog/Deep-Cleaning-Tips</guid><pubDate>Mon, 07 Feb 2011 02:00:00 GMT</pubDate></item><item><title>Don't Overlook a Home's Potential</title><description><![CDATA[<p><span id="_SE_FLD">&nbsp;</span></p>
<div class="SubHeading"><span id="_SE_FLD"><span class="byline">
<p class="body_articlesub">By Michele Dawson<a href="http://www.move.com/home-finance/real-estate/buyers/home-buying-tips-for-first-time-buyers.aspx"></a></p>
<p class="body_articlesub"><a href="http://www.move.com/home-finance/real-estate/buyers/home-buying-tips-for-first-time-buyers.aspx">http://www.move.com/home-finance/real-estate/buyers/home-buying-tips-for-first-time-buyers.aspx</a></p>
<p class="body_articlesub">&nbsp;</p>
</span></span></div>
<div id="_SE_FLD" class="CMS_Para1">
<div class="article_img" style="width: 175px; float: left; position: relative; left: 0px;"><img src="http://www.move.com/home-finance/Images/HFBuyOverlook1_tcm25-8335.jpg" border="0" alt="Man on ladder painting house" width="175" height="125" /></div>
<div id="_SE_FLD" class="CMS_Para1"><span class="body_article">Home  shopping for first-time homebuyers it's an exciting, albeit  nerve-wracking, experience. If you're like others in the market for  their first home, you probably have in mind exactly how your soon-to-be  home will look.</span></div>
<div class="CMS_Para1"><span class="body_article"><br /></span></div>
<div class="art_text" style="clear: none;">But  it's important not to fall into the bad decorating, dingy walls and  dirt-bare back yard equals bad-home trap. If you don't see past the  hideous wallpaper, funky light fixtures and avocado green carpeting, you  may miss out on a home with great potential.</div>
<div class="art_text" style="clear: none;">And, if you're looking for a  home in a seller's market where homes are being snatched up as soon as  they go on the market, you'll come to realize you can't be choosy if you  want to make a competitive offer.</div>
<div class="art_text" style="clear: none;">One of the first things to do  is to get pre-approved for a loan and determine the maximum you can  afford to offer for a house. Don't look at homes that are asking for  more than 5 percent above your maximum, otherwise you'll be setting  yourself up for disappointment if you find the perfect&mdash;but outside your  budget&mdash;home.</div>
<div class="art_text" style="clear: none;">So what to do?</div>
<div class="art_text" style="clear: none;">The floor plan of the home is  extremely important. If a floor plan isn't quite to your liking,  consider rearranging it or adding on. If you're looking at an existing  home and will need to remodel or expand to suit your needs, the  estimated cost of renovation needs to be considered when&nbsp;making an  offer.</div>
</div>
<div id="_SE_FLD" class="CMS_Para2">
<div class="art_text" style="clear: none;">Also, consider the features of a home:</div>
<ul>
<li>Walls. While&nbsp;these are&nbsp;among the easiest to remedy, they also make a  huge first impression. If the walls need to be painted, are covered in  wallpaper or are painted a color you find distasteful, picture them  crisp and clean in the color of your choice&mdash;that's how they could look  after you paint them.</li>
<li>Floors. Like walls, carpet or floor surfaces that are old or  outdated can be easily replaced. You could even ask for a carpet  allowance in your bid, especially if you're in a buyer's market.</li>
<li>View. Things like old, ugly&mdash;even dirty&mdash;windows and window treatments  can make a view appear less desirable. Those things can be improved, so  unless the only view you have is of your neighbor's clunker on the side  of the house, don't get hung up on what is surely a fixable view.</li>
<li>Landscaping. Your best bet is a moderately landscaped yard because  you can always improve landscaping without spending too much. Worst  case, even if you're looking at dirt, landscaping is one of the easier  projects to tackle. Plus you get to design it however you'd like if  you're starting from scratch.</li>
<li>Closets and garages. You can never have too much storage space,  which is why so many newer homes have three-car garages. But if you  encounter a converted garage that is now a bedroom or storage room,  don't give up. Converted garages can almost always go back to their  original purpose without much cost or labor.</li>
<li>Kitchen. The most popular room in the house, many homeowners want  their kitchen to be large and have modern appliances. Don't let outdated  color schemes deter you because there's nothing like a fresh coat (or  two) of paint to make a kitchen your own. Plus, if you like the rest of  the house enough to make an offer, you can give the kitchen a minor  spruce-up with some new appliances or a major overhaul complete with new  countertops, cabinets, and flooring.</li>
<li>The exterior. If the home doesn't have good curb appeal, try to  picture it with a fresh coat of paint and revitalized landscaping.</li>
<li>Pools. If you want a pool, buy a home with a pool already built in.  Pools are expensive and you will not get a full return on the cost when  you go to sell. Let someone else lose the return. The cost of repairing a  pool is less than putting one in, so if you're looking at a home with  an old pool that looks like it's in bad shape, it's still a better bet  than putting one in later.</li>
</ul>
<div class="art_text" style="clear: none;">When making an offer,  consider&nbsp;what&nbsp;you can't live without, as well as your budget. Also, be  sure you hire a professional home inspector to inspect the house. If the  home's systems are in good working order and the house has everything  you want except a minor item or two, make an offer accordingly.</div>
<div class="art_text" style="clear: none;">Most importantly, keep in  mind that unless you're building your dream home from scratch, you'll  probably never find the perfect home. But seeing past a previous owner's  bad decorating choices to the core of the home and its potential for  livability will yield you the home you've always wanted. It may take  some work, but hey&mdash;it's yours.</div>
</div>]]></description><link>http://www.terry4homes.com/Blog/Dont-Overlook-a-Homes-Potential</link><guid>http://www.terry4homes.com/Blog/Dont-Overlook-a-Homes-Potential</guid><pubDate>Mon, 31 Jan 2011 02:00:00 GMT</pubDate></item></channel></rss>
