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HomeRun Homes is a centralized marketplace which helps people Find or Sell a Rent to Own Home, both Nationwide and Globally to the thriving Rent to Own Market. http://www.lease2buy.com
Showing posts with label washington. Show all posts
Showing posts with label washington. Show all posts

July 26, 2011

Prices and Sales were Virtually "Boring"

Hi Folks,

   Welcome back.

   The figures just rolled out for the S-P/Case-Shiller Home Prices, which showed "a second consecutive month of increase in prices for the 10- and 20-City Composites" through May, and on an annual basis, the release stated that "Washington DC was the only MSA with a positive rate of change, up 1.3%.", and that "Minneapolis fared the worst posting a double-digit decline of 11.7%".

   Additionally, the New Residential Sales figures for June were released, and these pegged the market at 1% below May, but 1.6% above June 2010.

   Overall, the numbers didn't express anything more than perhaps a seasonal increase in the numbers and pricing. The Pending Home Sales will be released this Thursday, so hopefully, they will be a little more exciting than these figures.

Stay Tuned !


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Have a Great Week, and Happy Rent-to-Owning !
Regards,
Rob Eisenstein
HomeRun Homes Blog: http://blogging.lease2buy.com
HomeRun Homes Websites: http://www.lease2buy.com and http://www.homerunhomes.com

TAGS: #homeprices #residentialsales #Washington #Minneapolis

July 26, 2010

Homeowners who Built their Own Home, Part 3 of 3

Good Morning,


   Welcome back. Hope your weekend went well. Aside from some painfully stifling humidity here in the Northeast and some massive storms, it was nice to get together with some family (and to take shelter when the storms hit !)

   Today, we will be completing the final installment on our series on the Home-building process, and we will be hearing from some people who have gone through the process of building their own home. This will provide some valuable insight and tips from people who have already gone through the process, from start to finish.

   We spoke with a couple of homeowners who built their own home. One of the people that we spoke with and who built her own home in Washington State is K.S.Brooks, who is also an author, and we also spoke with Richard Keycon, who built his own home in East Central Alabama.

   Brooks suggests getting to know all of the "local building permit requirements before you buy your parcel and start your project.", as counties usually have different requirements, and that it is important to know the Building Department Inspectors and Coordinators.

   Keycon adds that once you identify the area, you need to find a land agent, and drive around to see every part of the property. They were looking for a very specific parcel, with about "20-30 acres, not many neighbors, a creek, maybe a pond or pond site, and a good building site." Once they settled on the property and purchased it, they asked their land agent and some locals to recommend a builder. Once they selected the builder, they agreed on the building fee, and moved forward from that point.

   The entire process involves a lot of work, as Brooks states, and she says that you should, "Be prepared to be at the house every day either working on or managing the project." and to "take responsibility" for it. She also said to never use the response, "whatever you think is best" when the builder ask you to make choices.

   Both Brooks and Keycon both agree that you need to do your research and comparison shop well in advance, since some items require lead-time for delivery, i.e appliances, counter tops, plumbing fixtures, lighting fixtures, windows, doors, etc.

   As far as environmental impact, Brooks summarizes it as, "Lean towards green, but don't be over-zealous.", and gives us this specific example, "We explored installing a Geo-thermal heating/cooling system for our SIP (structural insulated panel) home. Because SIPs are air tight and incredibly efficient, and with the low cost of hydro-powered electricity in Eastern Washington, it would have taken us 20 years to reap a return-on-investment for Geo-thermal. Instead, we went with a high-efficiency wood burning fireplace, with standard HVAC as a back-up. The result: our 1700 square foot 100% electrically-run house is generating electric bills under $60 per month."

   In closing, Brooks states that it is vital to make lists for everything (parcel, vendors, materials, etc.), and Keycon agrees and says that planning is key and that when searching for a builder, to remember that, "All builders are not created equal".

   We definitely hope that this series has been helpful to you in one or many ways. Remember that there are many builders who build homes and will then Rent them with an Option to Buy (Rent to Own Homes), so it requires a little bit of homework on your end to find these builders.

   If you have any question, we area always available to respond to them. We will be back to our regular Blog posts on Wednesday, since we have a lot of interesting information and topics to cover.

Have a Great Week, and Happy Rent-to-Owning !

June 18, 2010

Tax Credit Extensions and a Cool Contest...


Hello and Welcome to Friday !

A lot of emphasis is placed on looking at the National stage and spotlight for the latest housing trends and news, but I think that it is also important to look at your local area and see what news is being generated. That being said, it might be that your local market is an exception to the rule vs being an actual microcosm of the true market.

With that statement out of the way, we have a great local paper that I review quite often, called the Long Island Business News (thus, my sermon about checking out your local markets). They just ran an article, titled, "Senate passes tax credit extension", and this was about the extension of the closing date for those purchasing homes under the tax credit. The date was changed from June 30th to September 30th, which gives lenders what they referred to as, "breathing room". One of the attorneys that they interviewed for this article mentioned that he has all of his deals ready to close by the 30th. This is the the case with most of the attorneys we have been speaking with, some of which are listed in our Home Services Section.

Well, the wind up here is this: Thank you, Washington ! Nothing like going down to the wire. But breathing room is good.


CONTEST TIME:
OK, we will be providing a Free Copy of our E-Book, "Secrets of Rent to Own", to the first 5 people who answer the following question:

What city did we begin investing in when we first started our business?
Hint: The answer is very, very easy to find on our website.


We will give everyone the answer on Monday. So quick - dig up that answer on www.Lease2Buy.com and then E-mail me at homebuyer@lease2buy.com with the subject, "CONTEST ANSWER".


Good Luck to Everyone !

Have a Great Weekend, and Happy Rent-to-Owning !