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  • Veterans Buying Wheelchair Friendly Homes

    We are thankful for our men and women of service and remember them continuously.  Veterans also hold a special observance and admiration for their service and valiant efforts.  Veterans in the state of Texas that are wheelchair enabled or with special needs can finance through the VA (Veterans Administration).  When considering looking at homes it is important to make sure the dwelling qualifies for any monies that the administration may provide for remodeling if the veteran is wheelchair enabled.  I will guide you through the VA rules for single family homes, condominium and townhouses that will assist in the future home purchase in Houston.

     

    RAMPS AND WALWAYS

     

    Most homes must have two ramps and/or walkways that are:

     

    Suitable for ingress and egress.

    Area at opposite ends of the home.

     

    At least one of the two ramps must:

     

    Be freewheeling needing no mechanical device to move the wheelchair between levels.

    Provide a direct means of emergency egress from the adaptive bedroom area.

    Be clear of potential fire hazards.

     

    Ramps and walkways must be:

     

    Permanently installed

    Covered with adequate overhang for protection against inclement weather.

    A minimum of 3 feet 6 inches wide for existing construction.

    A minimum of 4 feet for new construction.

     

    Slope of ramp, walkway and driveway

     

    The ramp, walkway and driveway must have a slope of 8% less.  The calculation for an 8% slope is: for every 1-inch of rise (height) there must be 12.05 inches of run (length).

     

    Lifts and elevators

     

    If a mechanical device is needed to move the wheelchair from one level to another, a battery or generator back-up unit must be installed.

     

    Treatment of walkways and ramps

     

    Non-slip finish will include, but is not limited to broomed finishes of concrete surfaces, built in electric coils (¼ inch spacing between decking boards), and metal grating.

     

    Ramp and Curb Guards

     

    The ramp or walkway must have curbs or guards if a handrail is installed.  The curbs must be on both sides of the ramp or walkway, a maximum height of 5 inches, and have weep holes for drainage.

     

    The guards must be a maximum of 5 inches, a minimum of 1 inch drainage space between the ramp/walkway deck and the bottom edge of the guard.

     

    Connecting walkways and ramps to garages and carports

     

    Walkways and ramps must be installed if the garage or carport is detached from the home and be covered to protect the veteran from exposure to inclement weather.

     

    Ramp and walkway handrails

     

    The ramp or walkway must have a handrail if a hazard is observed.  The handrail must:

     

    • Be installed on both sides of the ramp or walkway.
    • Be a height of 2 feet 6 inches to 2 feet 8 inches.
    • Have a Hand Grip of 1-1/2 inch to 2 inches in diameter.
    • Be a minimum of 1-1/2 inch to maximum of 2-inch clearance from any mounting surface.
    • Be smooth, continuous, and uninterrupted in the vertical or horizontal plane.
    • Be turned down or turned into the parallel wall to avoid dangerous projections.
    • Extend a minimum of 1 foot beyond the end of any stairway or ramp ending.

     

    Ramp and walkway platforms

     

    The ramp and walkway platforms must:

     

    • Be provided at all wheelchair entrances.
    • Be equal in height to the house floor level at wheelchair entrances.
    • Be a minimum of 5 foot by 5 foot in size.
    • Be constructed of non-slip materials.
    • Be provided every 30 feet of the ramp or walkway.
    • Be provided at any 90-degree turn in the ramp or walkway.
    • Be reasonably level with a maximum slope of 1/8 inch per foot for drainage.
    • Have a clear area of 1 foot 6 inches of width beside the door entrance opposite the hinge.
    • It must be unobstructed.

     

    DOORWAYS

     

    All doorways, including patio doors that are wheelchair ingress/egress passageways must be:

     

    ·         Be a minimum of 36 inches wide.

    ·         Must be easy to open.

    ·         Note: a patio door must be the minimum width of 7 feet wide to accommodate the 36 inch opening.

    ·         If there is a threshold installed, it must be beveled and have a maximum height of ½ inch.

    ·         If there is a mailbox and/or a door bell installed they must be mounted at the height not less than 3 feet and not more than 3 feet 9 inches.

    ·         A variation to the width of the doorway requirement is the minimum width of 32 inches allowable if it is not feasible to widen the doorway to 36 inches in width.

    ·         Ingress/egress doorways to wheelchair ramps or walkways must always be a minimum of 36 inches wide with no allowable variation.

     

    HALLWAYS

     

    • Hallways must have a minimum width of 48 inches.  If the minimum width is not feasible to obtain then a variation of width of 42 inches may be allowed with a waiver.

     

    • Turns from the hallway into any rooms, including bedrooms and/or bathrooms, must have sufficient space for safe unobstructed maneuvering of the wheelchair.

     

    BATHROOMS

     

    Important! At least one bathroom must be conveniently located near the veteran’s bedroom. 

     

    Bathroom flooring area must:

     

    • Have a minimum 5-foot turn radius to provide for wheelchair maneuverability.
    • Have a minimum 4-foot clear area in front of all fixtures.
    • Have flooring that is non-slip under both wet and dry conditions (More than 60% non slip surface).

     

    Bathroom toilets must have:

     

    • A 3 foot unobstructed access to the side of the toilet for ease and safe transfer from the wheelchair.
    • A 4 foot unobstructed area in front of the toilet for wheelchair access.
    • Must have armrests.
    • A suitable back support.

     

    Bathroom toilets must have grab bars that are installed at the side and rear and must:

     

    • Be a minimum of 1-1/2 inch diameter.
    • Support a minimum dead weight of 250 lbs.
    • At a minimum of 2 feet 9 inches high or at a height that is convenient to the veterans needs.
    • Be installed with a minimum of 1-1/2 inches to a maximum of 2 inches of clearance from the inside of the bar to the mounting surface.
    • Extend the total length of the toilet plus extend 12 inches past the front of the toilet on the side wall.

     

    Bathroom vanities and sinks

     

    Note: In most cases the sink is included as part of the vanity countertop.  Pedestal or wall hanging sinks are allowed provided there is a minimum of a 4-foot unobstructed access to the fixture.

     

    Vanities and sinks must:

     

    • Be a minimum height of 2 feet 3 inches and a maximum height of 2 feet 10 inches.
    • Be a minimum depth of 2 feet and a maximum depth of 2 feet 3 inches.
    • Have a 3 foot wide knee space under the vanity and sink for wheelchair access.
    • Have a 4 foot unobstructed area in front of the vanity and/or sink to allow the veteran easy wheelchair access for personal hygiene needs.
    • Have rounded corners on vanities.
    • Have plumbing wrapped or covered to prevent the veteran from abrasions or burns upon contact.
    • Have a GFI (ground fault interrupt) electrical outlet located for easy access to the veteran while seated in the wheelchair.

     

    Bathroom medicine cabinets

     

    Medicine cabinets must:

     

    • Be installed at a height and location to allow easy access to the veteran while seated in the wheelchair.
    • Have adequate drawers and storage space for the veteran’s personal hygiene equipment and supplies.

     

    Bathroom mirrors

     

    Bathroom mirrors must:

     

    • Be lowered or tilted to accommodate a veteran while in the seated position.
    • Be a maximum 3 foot height to the bottom edge of the mirror.

     

    Bathroom Passage Doorways

     

    Passage doorways to the bathroom must:

     

    • Have a minimum opening of 36 inches.
    • Be a pocket door or if a swinging door is installed it must swing out of the bathroom.
    • Not obstruct wheelchair maneuvering when open.

     

    Bathroom Roll-In Showers

     

    If a roll-in shower for new and existing construction is built on site it must have:

     

    • A floor drain with a 2 inch diameter.
    • The floor drain installed at the rear of the shower stall.

     

    Pre-manufactured roll-in shower stalls for new and existing construction must have:

     

    • A floor drain with a minimum of 1-1/2 inch diameter.
    • A 2 inch floor drain must be installed if it is possible to install and/or an option of the manufacturer.

     

    Roll-in showers for new and existing construction must:

     

    • Have non-slip flooring.
    • Cannot have a curb installed to separate the shower from the rest of the bathroom floor.

     

    Remember however…a built-in bench is a veteran’s option, it is not an MPR requirement.

     

    Bathroom Shower Head

     

    The shower head must be:

     

    • Hand held
    • On a sliding bar

     

    Water Control Lever

     

    The water controls must:

     

    • Be accessible from the wheelchair for the water temperature control.
    • Be single lever.
    • Have thermostatic or pressure-balance control to avoid sudden changes in water temperature.

     

    Shower Grab Bars

     

    Shower grab bars must:

     

    • Be installed on three walls of the shower.
    • Be a minimum of 1-1/2 inch diameter.
    • Be installed approximately 2 feet 9 inches high or at a height that is convenient to the veterans needs.
    • Support a minimum dead weight of 250 lbs.
    • Be installed with a minimum of 1-1/2 inches to a maximum of 2 inches of clearance from the inside of the bar to the mounting surface.

     

    Note: In some application the veteran may request that a bar is vertically installed.  This is an option of the veteran and is allowable if used in conjunction with the horizontal bar application.

     

    Bath Tubs

     

    There must be a 4 foot clear unobstructed area to the side of the tub.  The bath tub transfer platform must be:

     

    • The width of the tub and a minimum of 18 inches in length.
    • Installed at the rear of the tub.
    • Of a height that allows ease of transfer from the wheelchair.

     

    Bath Tub Faucets

     

    Bathtub faucets must be:

     

    • Accessible for water temperature control both, when in the wheelchair or immersed in the water.
    • Thermostatic or pressure-balance controlled to avoid sudden changes in water temperature.

     

    Bath Tub Grab Bars

     

    Grab bars must be:

     

    • Be installed on the rear and side walls of the tub.
    • Be a minimum of 1-1/2 inch diameter.
    • Be installed at a height that is convenient to the veterans needs.
    • Support a minimum dead weight of 250 lbs.
    • Be installed with a minimum of 1-1/2 inches to a maximum of 2 inches of clearance from the inside of the bar to the mounting surface.

     

    Note: In some application the veteran may request that a bar is vertically installed.  This is an option of the veteran and is allowable if used in conjunction with the horizontal bar application.

     

    KITCHENS

     

    Ovens

     

    Ovens must:

    • Be installed at a level convenient for the individual veteran while seated in the wheelchair.
    • Include a built-in range with open space underneath for wheelchair access and controls towards the front.

     

    Free Standing Range

     

    A free standing range must:

     

    • Be located at the end of the row of cabinets.
    • Have controls towards the front.

     

    Note:  Each veteran has individual needs and the SAH Agent must research and be considerate of those needs.  Some variations of MPRs are allowable with the proper waiver request.

     

    Kitchen Sinks

     

    Kitchen sinks must:

     

    • Have a minimum of a 3 foot wide opening under the sink for wheelchair access.
    • Be a shallow depth so not to restrict the veteran’s access with a wheelchair.
    • Separate disposal sink offset so the disposal will not restrict the veteran’s access with a wheelchair.
    • Wrap or cover plumbing to protect the veteran from burns and abrasions.

     

    Facets must:

     

    • Be single-lever control.
    • Have a hose and sprayer.

     

    Kitchen Appliances

     

    Special appliances to aid the veteran must be included in the kitchen. (i.e. dishwashers, food warmers, microwaves, etc.)

     

    Refrigerators must be:

     

    • Double door, side-by-side refrigerator/freezer combination.
    • Located to allow for unobstructed access when the door of the refrigerator is open.

     

    ELECTRICAL REQUIREMENTS

     

    Electrical Outlets

     

    Electrical outlets must:

     

    • Be a minimum height of 18 inches.
    • Have an unobstructed access from the wheelchair.

     

    Wall Switches

     

    Wall switches must:

     

    • Be a maximum height of 48 inches.
    • Have an unobstructed access from the wheelchair.

     

    In an existing home, outlets, switches, and thermostats can remain at the existing location, as long as the veteran can access them from the wheelchair.  If the switches, outlets, and thermostats are moved for remodeling or a new addition, the relocated fixtures must be installed at the 18 inch and 48 inch height.

     

    Electrical Utility Boxes

     

    • In new homes the electrical utility boxes must be located so the veteran has unobstructed access from the wheel chair.  The maximum height of the top breaker is 48 inches.
    • In an existing home moving the electrical utility box is an option for the veteran and can remain at the existing location.

     

    Electrical outlets near water outlets such as bathroom vanity, bathroom tub, shower, kitchen sink, and/or laundry tub, must be GFI (Ground Fault Interrupter) type.

     

    Garage Door Openers

     

    Garage door openers must be automatic with direct control that is:

     

    • Remote control, and/or
    • Button control.

     

    WINDOWS

     

    Windows must:

     

    • Be operational while seated in the wheelchair.
    • Have a locking system that is operational while seated in the wheelchair.
    • Have a maximum sill height of 2 feet 9 inches.
    • Be located to allow the veteran maximum visibility to the exterior of the home.
    • Have maintenance-free frames (aluminum, vinyl, steel).

     

    FLOORING

     

    Flooring must:

     

    • Not impede wheelchair maneuverability.
    • Have a minimum of 5 foot by 5 foot non-slip flooring inside the home at the wheelchair ingress/egress doorways.
    •  

    Carpeting must be:

     

    • Closely knit.
    • Low pile.
    • Padded with a durable fiber type carpet pad.

     

    Note: Because of the repetition traffic pattern of the wheelchair, most rubber carpet pads break down under the constant stress, therefore fiber pad, either synthetic or natural is required.

     

    SECURITY AND EMERGENCY REQUIREMENTS

     

    Smoke Detectors

     

    Smoke detectors must:

     

    • Be installed according to local and Federal regulations.
    • Installed in the main portion of any living area in all levels of the home.
    • At entrance to each bedroom.
    • Meet ULS (Underwriters’ Laboratories Standard) No. 217 (hard-wired with a battery backup).

     

    Lighting

     

    All wheelchair exits from the home must be well lighted for security and safety.

     

    Existing Homes

     

    The following are acceptable for existing homes:

     

    • Security alarms.
    • Interior/exterior phone outlets.
    • Intercom system.
    • Carbon dioxide (CO2) unit.
    • Delayed door closures.

     

    OTHER HOUSING REQUIREMENTS

     

    Exterior of Proposed Construction

     

    Must be maintenance-free including:

     

    • Siding
    • Windows
    • Doors

     

    Exterior of Existing Home

     

    • If a new addition is added you may install maintenance free materials to the existing structure to match to new addition.
    • If a new addition is added it is not required to install maintenance free material if the veteran elects to match the materials of the existing home.

     

    Heating Installations

     

    Heating installations must:

     

    • Meet or exceed the local and federal energy standards.
    • Be adequate for healthful and comfortable living conditions.

     

    Note: It may be necessary for some veteran’s to add zoned heating or additional heating to some rooms of the home.

     

    Thermostats

     

    Thermostats must:

     

    • Be installed at a maximum height of 48 inches.
    • Have an unobstructed access from the wheelchair.

     

    Air Conditioning Systems

     

    Air-conditioning is not a required adaptation, however, a veteran’s disability may dictate the need for air-conditioning.  It is the veteran’s option to decide to install central or individual room air-conditioning units.

     

    CONDOMINIUM AND TOWNHOUSE REQUIREMENTS

     

    • At least one suitable means of access must be provided to furnish the veteran with level ingress and egress from the condominium or townhome.
    • If the structure does not provide one level means of access to the unit, ramps, ramp platforms, lifts, and elevators may be utilized to eliminate any elevation difference between interior and exterior floor levels.
    • If the unit is located above the first floor, a single SAH qualified exit may be acceptable.
    • The condominium or townhouse must be accessible to fire fighting and evacuation equipment from the exterior of the unit.  No unit can be located higher than the highest ground emergency evacuation ladder system.  The SAH agent must check with the fire department to confirm the height of the evacuation equipment.
    • The location of the veteran’s unit must be registered with the local fire authority and emergency rescue units.
    • If the veteran is bedridden, the interior emergency access of the condominium or townhouse must contain an externally mounted electrical device that when activated from the inside will aid fire or emergency rescue personnel to locate the veteran’s unit.
    • The bedroom window of the unit must be sufficient size to allow access by emergency personnel and have exterior markings to show the location of the bedroom.
    • Veterans are encouraged to purchase a unit with a balcony that is accessible to emergency personnel.

     

     

    Note: All other specially adapted features will be required under this variation, with the exception of the requirement for two emergency exits.

     

     

    Let me show you the way...

    I understand that finding your new home is just one of the tasks that face you when you're purchasing a new house. I can assist you in the home buying process which includes offer negotiations, assisting in the inspection and negotiations process after inspections. Beat other home buyers to the hottest new homes for sale in Houston with my New Listings Notifications. You'll receive updates via email to the properties that match your search criteria in the Greater Houston area. Considering selling down the road? Learn the market value of your home with no obligation. An estimate of your home's value will be sent to you by email. Receive a FREE Home Market Analysis via email with up to 4 properties that have sold in the last six months.

    Sincerely,

    Diego E. Jaramillo
    Realtor, ABR, e-Pro
    Keller Williams Houston Metropolitan
    Cell: 832-282-2069 
    Online at www.HoustonHeritage.com 

    Request a Free Market Snapshot!

    "Because my business is primarily based on referrals, I thank you in advance for your endorsement. If you or anyone you know are considering buying or selling a home, please think of me."

  • New Postage Change Today, May 11, 2009

    Just a short reminder that we have a 2-cent U.S. Postage Increase starting Today, May 11, 2009.  The governors of the U.S. Postal Service have approved new prices for mailing services, including a 2-cent increase in the price of a First-Class Mail stamp to 44 cents.  Prices for mailing services are reviewed annually and adjusted each May.  The new prices go into effect today!

    If you bought the Forever Stamps…they will save you money.  You can continue to mail letters at the previous lower prices if you purchased the Forever Stamps prior to May 11, 2009.  Forever Stamps were created to help people ease the transition during the price changes.  They do not have a denomination and will be honored whenever they are used with no need for additional postage for a 1-ounce letter mailing.  Starting today, the price of the Forever Stamp will be 44 cents.

    What will the increase cost the Average American Household?

    The first-Class mail stamp price change will represent an additional $3 for the average American household over the course of the year, according to the U.S. Postal Service.  When compared to annual increases in other household expenses, such as groceries, health care and utilities, the Postal Service continues to be an economical choice for shipping and mailing.

    Did you know…

    As an independent federal agency, the U.S. Postal Service is the only delivery service that visits every address in the nation – 146 million homes and businesses.  It has 37,000 retail locations and relies on the sale of postage, products and services to pay for operating expenses, not tax dollars.  The Postal Service has annual revenues of $75 billion and delivers near half the world’s mail.

    1998 – 2008 Stamp Prices – First-Class Rates & Percentage Increases

    Did you know that even with the new prices…we are still one of the most affordable postage in the world?  Rising operational costs make the price adjustments necessary; the increase tracks the 2008 rate of inflation.  “The Postal Service is not immune to rising costs, which are affecting home and businesses across America today,” said Postmaster General John Potter.  “Even with the increases, the Postal Service continues to offer some of the lowest postage prices in the world.”

    Read further for rates you use most at:

    1. www.usps.com/prices
    2. www.usps.com/communications/newsroom/2009/stampprices9808.pdf

     

    Let me show you the way...

    I understand that finding your new home is just one of the tasks that face you when you're purchasing a new house. I can assist you in the home buying process which includes offer negotiations, assisting in the inspection and negotiations process after inspections. Beat other home buyers to the hottest new homes for sale in Houston with my New Listings Notifications. You'll receive updates via email to the properties that match your search criteria in the Greater Houston area. Considering selling down the road? Learn the market value of your home with no obligation. An estimate of your home's value will be sent to you by email. Receive a FREE Home Market Analysis via email with up to 4 properties that have sold in the last six months.

    Sincerely,

    Diego E. Jaramillo
    Realtor, ABR, e-Pro
    Keller Williams Houston Metropolitan
    Cell: 832-282-2069 
    Online at www.HoustonHeritage.com 

    Request a Free Market Snapshot!

    "Because my business is primarily based on referrals, I thank you in advance for your endorsement. If you or anyone you know are considering buying or selling a home, please think of me."

     

     

     

  • Appraisal Changes for Conv Loans Start May 1, 2009

     

    Buyers usually debate between conventional and FHA financing when purchasing a home.  Sellers are usually on pins and needles during the appraisal period waiting on a confirmation on their home valuation by an appraiser.  This Friday marks an important date for HVCC – Home Evaluation Code of Conduct.  The regulation is effective May 1, 2009 with possible delays (hopefully).  What is the HVCC you may ask yourselves?  In short, it establishes guidelines for appraisals made for conventional financing.  For those that qualify for FHA financing, this will be another incentive for going FHA.

    What is Important about May 1, 2009

    You may wonder, what is done now in comparison to what is to change on May 1st?  At present, a contract is executed and a due diligence period beings.  Several things should theoretically occur during the coined ‘Option Period’ including: inspections, survey, appraisal, negotiation for repairs and of course financing.  A lender will not lend money unless the property appraises for the selling price (at least).  It isn’t uncommon however for large institutions to have an appraisal from other locations due preliminary appraisals even though they have no working knowledge of the area.  I had a client once who we had to request for a different appraisal because the lender had hired an appraisal company out of San Antonio to do an appraisal in an up and coming neighborhood in Houston.  Well….times will be changing for conventional appraisals…

    The Skinny on HVCC – Home Valuation Code of Conduct

    • No one associated with the financing transaction (loan officer, processor, etc) can attempt to influence (or bribe) an appraiser to establish market value on a property.
    • Appraisers cannot establish preliminary appraisals or value information prior to the completion of the ENTIRE appraisal report.  Realtors, loan officers or lenders can no longer have an appraiser establish a particular value before a full appraisal report. This was usually done when sellers wanted to make sure that their homes would appraise just before selling their home.
    • An appraiser may be provided an executed purchase contract to establish contributions, concessions, and establish property deficiencies from Seller Disclosure Statements. However, they cannot be provided information from the lender or interested parties regarding borrower’s expected or anticipated loan amount, loan to value or estimated property value at the time the appraisal has been ordered.
    • An appraiser cannot be removed from an approved appraiser listing without the written notification to the appraiser which must include explanation of the illegal conduct in violation of the Uniform Standards of Professional Appraisal Practices (USPAP), substandard performance or unprofessional behavior.  This does not include of course if the appraiser is not familiar with your area and provides only the basic required comparable information to the lender.
    • Lenders (and buyers) are no longer permitted to obtain a 2nd appraisal – even if it is to assure their confidence.  The exception would be if there is reasonable basis to believe that the first appraisal is flawed, tainted or if being conducted for a pre-closing or post-funding review via a quality control process.
    • Borrowers must receive a copy of the appraisal report immediately upon its completion but not less than three days PRIOR to closing.  A buyer may waive this right (although you are always encouraged to have a copy of your appraisal report…after all…you’ve paid on average $350 for it).
    • The lender or their authorized party must select, retain and provide payment for all compensation paid to appraiser.  A lender cannot accept an appraisal if the appraiser is compensated by anyone other interested party to the transaction.  Simply put, you won’t be able to select your appraiser as a buyer – the lender must select and pay it.  You will however be charged as part of your closing fees.
    • Loan production staff (loan officers, originators, etc) cannot suggest, request, influence or communicate with the choice of appraiser used on any particular appraisal.
    • Lender is responsible for making sure the selection of an appraiser for a transaction is separated from loan production staff.  Lender employee assigned to select appraiser must be qualified in the area of real estate appraisals.
    • A lender cannot obtain appraisal reports to be used for underwriting from any appraiser who is employed or jointly owned by the lender, affiliate, entities owned in part or fully, settlement service providers with interest, appraisal management agency owned in part or fully by the lender.  However, it is ok if the lender owns less than 20% interest in the affiliates and affiliate is operated independently.  The lender cannot play a role in the appraiser selection process.
    • The lender must establish a hotline and email address monitored by General Counsel, Chief Compliance Officer or other officer to receive complaints from appraisers, individuals and other entities concerning improper influencing and violations.
    • Any appraiser selected from an appraiser list must be provided with a hotline number and email address as well as each borrower for which the lender requests and provides a copy of the appraisal.
    • Lender must respond to complaint requests within 72 hours, complete investigations within 60 days and notify the Independent Valuation Protection Institute of any relevant regulatory bodies of improper conduct or violations.
    • The lender is required to test, by quality control, 10% of the appraisals and valuations used to make underwriting decisions and must report findings to the Independent Valuation Protection Institute.
    • The lender is responsible for warranting and representing that any appraisal report used in underwriting decision was provided in manner that meets the requirements of the HVCC.

     

    Who is Exempt from HVCC?

    One thing to clarify for everyone is that the HVCC does NOT apply to FHA appraisals.  This only applies to Fannie Mae and Freddie Mac. The sale of the following mortgages is excluded from the representation and warranty: FHA/VA Mortgages, Section 184 Native American Mortgages, and Section 502 Guaranteed Rural Housing Mortgages.

     

    What should the Realtor and Seller do?

    I recommend having a complete list of improvements with copies of receipts for all improvements made to the property since you purchased it.  You can call it your “Appraisal Package”.  This will assist us in providing the appraiser with as much information regarding recent improvements for them to do cost analysis and depreciation analysis when doing the appraisal.  Knowledge of recently sold homes is also good if an appraiser is not completely aware of the area.  Make sure you are pricing your home properly and not overly priced for the neighborhood.  Although many appraisers may go outside the immediate area of there aren’t recent comparables, some will not.  There must be at least 3 sold comparable homes within proximity and at least 1 active or pending comparable to help your cause.

     

    Useful Download Links:

    Download the Home Valuation Code of Conduct fact sheet

    Download the Home Valuation Code of Conduct

    Frequently Asked Questions from Freddie Mac

     

    Information Provided By:

    National Association of Mortgage Processors
    Freddie Mac Website

     

    Let me show you the way...

    I understand that finding your new home is just one of the tasks that face you when you're purchasing a new house. I can assist you in the home buying process which includes offer negotiations, assisting in the inspection and negotiations process after inspections. Beat other home buyers to the hottest new homes for sale in Houston with my New Listings Notifications. You'll receive updates via email to the properties that match your search criteria in the Greater Houston area. Considering selling down the road? Learn the market value of your home with no obligation. An estimate of your home's value will be sent to you by email. Receive a FREE Home Market Analysis via email with up to 4 properties that have sold in the last six months.

    Sincerely,

    Diego E. Jaramillo
    Realtor, ABR, e-Pro
    Keller Williams Houston Metropolitan
    Cell: 832-282-2069 
    Online at www.HoustonHeritage.com 

    Request a Free Market Snapshot!

    "Because my business is primarily based on referrals, I thank you in advance for your endorsement. If you or anyone you know are considering buying or selling a home, please think of me."

     

     

     

  • Buying a Condo in Houston

    Have you been wanting to buy a condominium in Houston?  There are a few recent construction and foreclosure condos that have come up on the market in Houston.  However, financing has become more difficult for condominiums as lenders tighten their loan approval process. Condominiums tend to resemble apartments, consisting of several units in the same building or complex. Condos share common areas like courtyards and lobbies and some even provide special services like concierge, valet, dry cleaning and other services.  Some have gyms, while others have pools and saunas. Plenty of condo owners choose to buy a condo because they love the convenience of having these amenities right outside their doorways.  It is important to understand financing requirements for conventional and FHA loans.

     

    Conventional - Established Project

     

    • All unites, amenities, and common areas in the project are 100 completed and not subject to any additional phasing or additions.
    • The unit owners control the homeowners association.
    • At least 90 percent of the total units in the project have been conveyed (sold and closed) to unit purchasers other than the developer.
    • At least 51% of the units conveyed must be primary or secondary homes.
    • Real Estate Owned (REO) units that are for sale (not rented) may be considered as owner-occupied in the calculation of the project owner occupancy requirements.
    • No more than 15% of the total units in a project can be 30 days or more past due with the HOA dues in an established project.
    • Commercial space must not exceed 20% of the total square footage of the project.
    • A single entity cannot own more than 10% of the total units in the project.

     

    Conventional - New Project

     

    • All units, amenities and common areas in the project are not fully completed or subject to additional phasing or annexation.
    • Fewer than 90% of the total number of units in the project have been conveyed (sold and closed) to unit purchasers other than the developer.
    • The developer has not turned control of the homeowners association over to the unit owners.
    • At least 70% of the total units in the project must be sold to owner occupied purchasers (primary or second homes).  Units are closed and conveyed or under contract with bona fide purchaser (pre-sold) may be considered sold.
    • Commercial Space must not exceed 20% of the total square footage of the project.
    • A single entity cannot own more than 10% of the total units in the project.

     

    FHA Spot Approval

     

    • The condominium project must be complete.  There should be no ongoing or anticipated addition of any units, common elements and/or facilities.
    • Control of the common areas of the project must have been turned over to the unit owners association for at least a year.
    • At least 90% of the units in the project must have been sold.
    • At least 51% of the units in the project must be owner-occupied.
    • No single entity may own more than 10% of the units in a project. “Entity” includes an individual partnership, corporation, limited liability company, limited liability partnership, joint venture, investor group or other natural or legal person qualified to hold an interest in real property.  The 10% restriction does not apply when the ownership of less than three units would disqualify an otherwise eligible project.

     

     

    A special thanks to:

     

    Roger Ryman
    Certifed Mortgage Planner
    Prime Lending
    550 Post Oak Blvd Ste. 350
    Houston, TX  77027
    713-446-9666 Cell
    rryman@primelending.com

    Let me show you the way...

    I understand that finding your new home is just one of the tasks that face you when you're purchasing a new house. I can assist you in the home buying process which includes offer negotiations, assisting in the inspection and negotiations process after inspections. Beat other home buyers to the hottest new homes for sale in Houston with my New Listings Notifications. You'll receive updates via email to the properties that match your search criteria in the Greater Houston area. Considering selling down the road? Learn the market value of your home with no obligation. An estimate of your home's value will be sent to you by email. Receive a FREE Home Market Analysis via email with up to 4 properties that have sold in the last six months.

    Sincerely,

    Diego E. Jaramillo
    Realtor, ABR, e-Pro
    Keller Williams Houston Metropolitan
    Cell: 832-282-2069 
    Online at www.HoustonHeritage.com 

    Request a Free Market Snapshot!

    "Because my business is primarily based on referrals, I thank you in advance for your endorsement. If you or anyone you know are considering buying or selling a home, please think of me."

     

     

     

  • Houston Relocation Checklist

    Relocating can become a nightmare if you aren't prepared.  Houston boasts a large number of relocations due to its many energy and medical companies.  Knowing what to expect and being prepared for it is the best solution.  Create a list of items that you need to attend to prior to your move and stick to the plan.  This list will give you a head's up of what you should expect before relocating to Houston, TX.  Welcome to your New Home! Soon enough you'll be speaking the local lingo and having pecan pie with us on a sunny day and strolling through the many Houston attractions.

     

    8 WEEKS BEFORE YOUR MOVE  

     * Documents:  If renting your new home, try to obtain a current credit report to give to potential landlords. If purchasing a home, be sure to check on your credit report to make sure there are no errors!   Developing a relationship with a loan officer is key prior to your relocation.  Make sure to have all your documents in order before talking to a loan officer (pay stubs, contract or job letters, 2-3 years of tax returns...etc).

    * Moving:  Look into getting moving and/or storage insurance to cover your items during the move.   Plan ahead when searching for a mover in Houston.  Make sure your mover is a member of the Better Business Bureau and see how many complaints people have against them.

    * Using a Mover:  First use AT&T Yellow Pages for Houston Movers, then use Yahoo and Google to get estimates from moving companies. Try to shop around as much as possible to get the best rate.    Remember however, you usually get what you pay for.  Make sure the mover is insured.

    * Self Move:  Use the yellow pages or search engines to choose a rental truck to use. Uhaul is in most general locations around Houston and tend to be the most popular. Be sure to reserve it well in advance since reservations fill up quickly at certain times of the year.  

    * Pets:  Check on possible quarantine and/or vaccination requirements for your pet, especially if you are moving out of state or overseas.   Look up veterinarians through yellow pages and through posting questions on Facebook, Google groups or Yahoo groups from other pet owners.

    * Kids:  If you have small children, be sure to research child care options in your new area.   Please make sure the child care facility is well researched.  Asses the quality of school districts in your new area. Use my website to compare schools - Click Here.  

    * Overseas:  Make sure your passport is current and valid. If you don't have one, be sure to get one well in advance.  Contact the consulate for the country you are moving to to insure that you have all proper paperwork prepared and available.  Obtain a visa if you will need one. You can talk to a consulate about the steps necessary to obtain one.  

     

     7 WEEKS BEFORE YOUR MOVE  

     

    * Moving:  Make a Moving File to store receipts, records, and important papers related to your move.  A proper folder with pockets and or zipper pockets works best to store information.  It's best to be organized, especially if you are receiving a relocation allowance.

    * Using a Mover:  Get in touch with a moving company and set a date for the move. Fill out any necessary paperwork, and be sure to get moving insurance if you need it.  Make sure you are able to contact your mover via phone and email.  In this day in age, the mover should have a verifiable website as well for you to research their information.  Read over any fine print before you get into contract with any mover.

    * Packing:  Begin removing unwanted or unneeded items from your attic, garage, basement, or storage. Plan to donate these or sell them on Craigslist, Backpage, Livedeal or Yahoo! Classifieds.  Contact your local Purple Heart or Goodwill for tax deductible donation items. Check to make sure you have returned all borrowed items including video rentals and library books. Gather important documents (birth certificates, immunization records, insurance documents, etc...) and place them in a briefcase, strongbox, or other secure place to insure that they do not get misplaced during the move.

    * Overseas:  Research the customs and laws of the country you are moving to. If you haven't been there, try to visit before you move.

     

    6 WEEKS BEFORE YOUR MOVE  

     

    * Documents:  Update your car registration and driver's license with your state's motor vehicle department. You may also need to notify your auto insurance.  Houston is a very commuter city so your auto insurance rate will more likely be impacted.  Also, let your insurance agent know if you will have a garage or not as that may impact your policy.  If you are purchasing, you may speak to your insurance agent about the different types of home or dwelling policies (if investment) and discuss flood insurance options.  Make sure they run a CLUE report on the property to see any previous insurance claims on the property.

    * Packing:  Make item donations. Remember to collect receipts for tax purposes.  Sell your old and unwanted stuff on Craigslist, Backpage, Livedeal or Yahoo! Classifieds. Even better, hold a garage sale before you pack and post in on Craigslist, Backpage, Livedeal and your local newspaper to promote it.  Have lots of directional signs (purchase or do it yourself) available.

    * Services:  Notify your dentist and doctor of your move and ask for referrals. Be sure your insurance covers the doctor/dentist in your new area.  Forward or cancel any monthly services, subscriptions or memberships.   If you have special services through certain providers, they may be transferred to your new address.

    * Pets:  Make sure you have transportation arrangements for your pet. Buy a carrier on Yahoo! Shopping.  Notify your veterinarian of your move. Obtain any records for your pet, and ask for a referral.

    * Kids:  Select a school for your children and arrange to transfer immunization records and transcripts. Try to visit the school before deciding if this is possible.   Drive around the neighborhoods on weekdays or weekends to have a good feel of what the neighborhood offers for your kids.

    * Overseas:  Research the financial situation your new country. Open a new bank account and change your currency if necessary.   If you come with a social security number, open a small line of credit or credit card to start building credit in the United States.

     

    5 WEEKS BEFORE YOUR MOVE  

     

    * Moving:  Make reservations for a room at a local hotel or motel for the night before moving day. This is the best way to make sure you can get a good night's rest and a shower while all your things are packed up. Use online travel websites to make reservations online and get a favorable rate!

    * Documents:  Contact utilities to cancel or transfer accounts.

    * Overseas:  Research driving laws in your new country. You may need to apply for a foreign driving permit. Make sure you have current vaccination records. Make sure you receive recommended vaccinations for the country you will be moving to.  Research insurance options in your new country. Your US insurance may or may not be valid after you move and you may need to buy new insurance in your new country.

     

    4 WEEKS BEFORE YOUR MOVE                                

     

    * Documents:  Fill out an official change of address with the USPS.  You can also do this online through the USPS website.  Notify all important business and personal contacts of your new address. Fill out changes of address for creditors and magazine subscriptions. Leave a forwarding address with the next tenants of your home if possible.

    * Self Move:  Buy boxes and packing materials.   Your local Wallmart and Target are good choices for affordable packing materials.  Contact churches and non profits organizations to see if they have a box donation facility for you to get free boxes.  Contact local businesses to see if you can get their box surplus.

     

    3 WEEKS BEFORE YOUR MOVE  

     

    * Packing:  Start packing. Begin with rooms of the house you don't use as much and finish with the kitchen. Choose a room of the house to serve as a temporary storage area for packed boxes. Check out our How to Pack section for tips on how to pack like a professional!  Check into storage options for those items you cannot move immediately and may need to store temporarily.  Make an inventory of important and/or expensive items in your home as you pack. Try to take photographs of these items if possible. You may need this inventory for insurance purposes in case items get lost or damaged in the move.

    * Kids:  Start involving your kids in the move. Make it exciting by having your kids pack some of their own things, and letting them figure out new layouts for their rooms.  If you have young children, arrange for a babysitter on moving day. You can concentrate on the move knowing your kids are watched and safely out of the way.

     

    2 WEEKS BEFORE YOUR MOVE  

     

    * Moving:  If you live in a high-rise apartment or condo, be sure to reserve an elevator for the day of your move.

    * Services:  Close any local bank accounts and open new ones in your new location. Try to get checks printed with your new address as soon as possible.

    * Packing:  Drain gas from any gas powered equipment before you pack it up. Try to make disposal arrangements for any oil, gas, or other hazardous substances you will not be able to move, use, or throw away.

     

    1 WEEK BEFORE YOUR MOVE  

     

    * Services:  Service your car, especially if you're traveling to your new place by car. Search online forums for tools, services, and advice. Make sure your utitlies are on so you aren't panicking on your move date.

    * Packing:  Make backup copies of important files on your computer before packing it up.  Have a party to use up perishable food items, beverages, and alcohol. Donate food items you don't consume to a shelter or food bank.

    * Moving:  Confirm any travel plans or reservations you may have made for moving day (flights, hotel, rental cars, etc).

    * Using a Mover:  Confirm arrangements with your moving company.

    * Pets:  Pack a travel case for your pet or make proper arrangements to transport them. 

     

    MOVING WEEK!!!!

     

    * Moving:  Be sure to have some cash on hand for the day of the move. You may need it to tip movers, buy snacks, etc... If you are moving out-of-state, keep in mind that many businesses do not take out-of-state checks.  Most ATM machines charge between 2.50 to 3.50 for transaction fees here in Houston so cash is always best.  If you do make it to a Walgreens or CVS, you can make a purchase and debit cash using your debit card.

    * Moving:  Begin cleaning your house. Make sure you defrost your refrigerator and freezer.  Do a final walk-through of your old residence, checking closets, drawers, etc. Turn off all lights, lock all doors and windows, and leave keys with your old property manager if applicable.

    * Self Move:  Pick up your rental truck and any moving equipment you may need (dollies, carts, furniture pads, etc...).

    * Pets:  Keep your pet confined on the day of the move. Make sure they are in a safe place away from the hubbub of the move with plenty of food and water. Consider taking a dog or cat to the kennel for the day. Introduce your pet to your new home slowly. Be sure they won't be able to run back to the old house for the first few day.

    * Final Walkthrough: Please make sure you do a final walkthrough of your new home.  Make sure to take digital pictures and store them in a safe place in the event you need to reference to them at a later time.

    Source: Courtesy of Yahoo.com

     

    LET ME SHOW YOU THE WAY...

    I understand that finding your new home is just one of the tasks that face you when you're purchasing a new house. I can assist you in the home buying process which includes offer negotiations, assisting in the inspection and negotiations process after inspections. Beat other home buyers to the hottest new homes for sale in Houston with my New Listings Notifications. You'll receive updates via email to the properties that match your search criteria in the Greater Houston area. Considering selling down the road? Learn the market value of your home with no obligation. An estimate of your home's value will be sent to you by email. Receive a FREE Home Market Analysis via email with up to 4 properties that have sold in the last six months.

    Sincerely,

    Diego E. Jaramillo
    Realtor, ABR, e-Pro
    Keller Williams Houston Metropolitan
    Cell: 832-282-2069 
    Online at www.HoustonHeritage.com 

    Request a Free Market Snapshot!

    "Because my business is primarily based on referrals, I thank you in advance for your endorsement. If you or anyone you know are considering buying or selling a home, please think of me."

     

     

     

  • Join Us For Our KW Metropolitan Charity Golf Outing - June 8, 2009

    Please Join Us on Monday, June 8th for our Annual Keller Williams Metropolitan Charity Golf Outing at the Hermann Park Golf Course.   This year's Golf Outing will support Houston's SEARCH Homeless Services.

    SCHEDULE OF EVENTS

    11:45 - 1:00 pm    Arrival & Range Use

    1:00 pm                Shotgun Start

                                - Scramble Format

    5:00 - 7:00 pm       Reception & Barbeque Dinner

                                  Silent Auction

    * Donations Appreciated for Silent Auction

    EVENT LOCATION

    Hermann Park Golf Course
    2155 N. MacGregor
    Houston, TX 77030
    www.HermannParkGC.com

     

    SPONSORSHIPS AVAILABLE

     

    Title Sponsors - $5,000

     

    • Only 3 Sponsorships Available

    • Listing on Promotional Materials as “Title Sponsor”

    • Promotional Table and Dinner

    • Full Page Program Advertisement - Sponsor to supply logo & text

    • Tee Box Sign & Banner

    • Four Golfers with Dinner

    • Ability to Place Items in the Giveaway Bag at Check-in

     

    Platinum Sponsor - $2,500

     

    • Promotional Table at Dinner

    • Program Advertisement - Sponsor to supply logo and text

    • Tee Box Sign & Banner - Sponsor to provide banner

    • Four Golfers with Dinner

    • Ability to Place Items in Giveaway Bag at Check-in

     

    Diamond Dinner Sponsor - $1,500

     

    • Sponsor Event Dinner

    • Promotional Table at Dinner and Banner

    • Program Advertisement - Sponsor to supply logo and text

    • Tee Box Sign & Banner - Sponsor to provide banner

    • Four Golfers with Dinner

    • Ability to Place Items in Giveaway Bag at Check-in

     

    Gold Sponsor—$475

     

    • Four Golfers with Dinner

    • Tee Box Sign

    • Program Advertisement - Sponsor to supply logo and text

     

    Silver Sponsor—$295

     

    • Two Golfers with Dinner

    • Tee Box Sign

    • Mention in Program Advertisement as Sponsor

     

    Bronze Hole Sponsor—$150

     

    • Tee Box Sign

    • Mention in Program Advertisement as Sponsor

     

    Special Sponsorships Available: (1 each)

     

    Prize Sponsor—$750

    Golf Cart Sponsor—$500

     

    Available on a first come/first serve basis. Includes:

     

    • Four Dinner Package

    • Appropriate Signage per Sponsorship

    • Program Advertisement

    - Sponsor to supply logo and text

     

    Golf Package - $100

     

    Dinner Only - $20

     

    ABOUT KELLER WILLIAMS METROPOLITAN

     

    I hope you can join us or become a Sponsor for this great event.  Keller Williams Realty -

    The Metropolitan is a Houston Market Center that maintains a level of excellence in the real estate community. We believe in Win-Win or No Deal and uphold our company culture. We are conveniently located in the Post Oak/Galleria/Uptown corridor and have Residential, Luxury and Commercial Divisions for our clients. Our Market Center serves the Greater Houston and Inner Loop residential and commercial real estate markets.  We are proud to announce the recent Heights Business Center opening to better serve our clients in the Houston Historic Heights and surrounding areas. 

     

    WHAT IS KW CARES?

     

    KW Cares is a public charity that raises money through Keller Williams offices nationwide, in order to provide emergency financial assistance to any member of the KW family during times of extreme hardship. In addition, we raise money through KW

    Cares to benefit charities in the community where our associates live, work and play.

     

    ABOUT SEARCH HOMELESS SERVICES

     

    SEARCH originally focused on responding to the overwhelming need for critical emergency and support services for the homeless population since 1989.  Today, SEARCH programs, supported through an aggressive case management methodology, address the multiple complexities homeless clients face, emphasizing long-term solutions versus a "quick fix." These programs have been strategically developed over the years to respond to the needs identified by the homeless clients.  More importantly, SEARCH fills gaps where services are absent or insufficient in the community.

     

    We thank you for your support,

    and hope you can join us on the golf course in June!

     

    LET ME SHOW YOU THE WAY...

    I understand that finding your new home is just one of the tasks that face you when you're purchasing a new house. I can assist you in the home buying process which includes offer negotiations, assisting in the inspection and negotiations process after inspections. Beat other home buyers to the hottest new homes for sale in Houston with my New Listings Notifications. You'll receive updates via email to the properties that match your search criteria in the Greater Houston area. Considering selling down the road? Learn the market value of your home with no obligation. An estimate of your home's value will be sent to you by email. Receive a FREE Home Market Analysis via email with up to 4 properties that have sold in the last six months.

    Sincerely,

    Diego E. Jaramillo
    Realtor, ABR, e-Pro
    Keller Williams Houston Metropolitan
    Cell: 832-282-2069 
    Online at www.HoustonHeritage.com 

    Request a Free Market Snapshot!

    "Because my business is primarily based on referrals, I thank you in advance for your endorsement. If you or anyone you know are considering buying or selling a home, please think of me."

     

     

     

  • Understanding & Increasing Your Credit Score

    Understanding credit is one of the most important concepts when purchasing real estate.  Buyers fail to maintain a better understanding of their individual credit scores and settle for higher interest rates when purchasing.  Knowing what to look for and how to care for credit is your first step to future purchase.

     

    Credit Score Defined

     

    §         A Statistical model that evaluates and compares credit data from millions of consumers which in turn applies complex mathematical formulas to determine whether a consumer will default on their loan obligation in the future. 

     

    §         There are multiple Scoring Models for each Bureau.

     

    §         The Models are applied to a consumers credit data within the particular bureau to try to determine whether a consumer will be a good payer or a bad payer.

     

    Top Things To Consider About Credit

     

    §         Each score is specific for each Bureau.

     

    §         Score predicts chances of default.

     

    §         Scores range from 300 to 850 for Classic FICO, 150-950 for NextGen.  Your score will become your grade in the future and turn to an A, B, C, D or F system.

     

    §         The higher the score the less the odds of default.

     

    §         The score is generated by analyzing the information contained in the consumer’s credit report at THAT point in time.

     

    §         Credit-scoring software has no memory.

     

    What The Score Means

     

    Odds of a Consumer becoming 90 days late or more on a loan:

     

    Score                          Odds

    Above 800                   1292 to 1

    760 to 799                   597 to 1

    720 to 759                   323 to 1

    700 to 719                   123 to 1

    680 to 699                   55 to 1

    660 to 679                   38 to 1

    620 to 659                   26 to 1

    500 to 600                   8 to 1

    Below 500                   Live with Mom!

     

    How Do People Score?

     

    Above 780                   4%

    740-780                       13%

    690-740                       26%

    620-690                       30%

    Below 620                   27%

     

    Did you know Texas has the lowest overall credit score average of all states at 668.

     

     

    What Factors Determine A Credit Score?

     

    ·         Past delinquency.

    ·         The way credit has been used.

    ·         The age of the credit file.

    ·         The number of times a person asks for credit.

    ·         A customer's mix of credit.

     

    Identifying Credit Score Codes:

     

    ·         Reason Codes ranked in order of importance.

    ·         Reason codes show where consumer lacks in scoring categories.

    ·         Identify items in report and try to remedy.

    ·         Don’t only focus on late payments when trying to increase the score.

    ·         Codes are a number or a letter followed by a brief description.

     

    Breaking Down Past Delinquencies

     

    ·         The more recent the delinquency, the more of a negative effect.

    ·         Date of last activity determines score effect.

    ·         Pay-off collections in escrow, not before.

    ·         Past Dues destroy a score.  Bring current immediately.

    ·         30 day late last month worse than 60 day late 5 months ago or a 90 day 3 years ago.

    ·         Paying a charge-off or a lien won’t help or hurt unless it occurred  within the past 24 months.

    ·         Negative information is not considered in the score during the investigation.

     

    Using Credit Wisely

     

    ·         Make sure that the credit limit is being reported on the bureau report.

    ·         Do not close credit cards except in certain circumstances.

    ·         Share outstanding debt among many cards. Below 35% of credit limit on all cards.

    ·         Get Sign & Travel/Flex Pay on Amex cards so it gets reported as a revolving credit account.

    ·         Keep Credit separate from Spouse. . .

    o        One maxed, both maxed.

    o        One delinquent, both delinquent.

     

    Scores are weighted as follows:

     

    1.      35% Payment history, collections, public records.

     

    ·         More recent, more negative effect

    ·         More derogatory, more negative effect.

    ·         Weight given pertaining to derogatory info:  Serious delinquency, charge-off, repossession, foreclosure and bankruptcy.

    ·         Missing low payments is better than missing high payments.

     

     

    2.      30% Outstanding balances being carried on accounts.

     

    ·         Ideally should be below 35%

    ·         Better to be spread over a few cards rather than on one.

    ·         Get letters from creditor faxed stating balance.

    ·         Don’t pay-off while 30 days late, may not update.

    ·         Score does not distinguish between business and personal cards.

    ·         An authorized user is treated as if it’s a joint account.

    ·         Equifax Credit Watch.

    - Protection from identity theft.

    - Score simulator is great.

    - ID theft insurance of $2500.

     

    3.      15% Length of credit history.

     

    • Hold onto old credit cards, even if the rate is not great.
    • The longer the history the better.
    • Piggyback off Mom.

     

    4.      10% Types of credit.

     

    • Mixture is best.
    • 3 to 5 revolving credit cards is optimal.
    • A mortgage account raises the score.
    • New credit temporarily decreases the score for a month until unrated status goes away.
    • Equity lines of credit are treated as credit cards when the amount is low.

     

    5.      10% Inquiries

     

    ·         Multiple Auto and mortgage inquiries are treated as one inquiry if within 14 days of each other.

    ·         Inquiries affect the score for one year

    ·         Score is only reduced for the first ten inquiries.

    ·         Personal, promotional and account review inquiries don’t count.

    ·         Inquiries can cost between 2 and 50 points on the score.

    ·         30-day buffer period before mortgage and auto inquiries count.

    ·         Insurance inquiries don’t count.

      

    A special thanks to:


    Roger Ryman
    Certifed Mortgage Planner
    Prime Lending
    550 Post Oak Blvd Ste. 350
    Houston, TX  77027
    713-446-9666 Cell
    rryman@primelending.com

     

    Let me show you the way...

     

    I understand that finding your new home is just one of the tasks that face you when you're purchasing a new house. I can assist you in the home buying process which includes offer negotiations, assisting in the inspection and negotiations process after inspections. Beat other home buyers to the hottest new homes for sale in Houston with my New Listings Notifications. You'll receive updates via email to the properties that match your search criteria in the Greater Houston area. Considering selling down the road? Learn the market value of your home with no obligation. An estimate of your home's value will be sent to you by email. Receive a FREE Home Market Analysis via email with up to 4 properties that have sold in the last six months.

    Sincerely,

    Diego E. Jaramillo
    Realtor, ABR, e-Pro
    Keller Williams Houston Metropolitan
    Cell: 832-282-2069 
    Online at www.HoustonHeritage.com 

    Request a Free Market Snapshot!

    "Because my business is primarily based on referrals, I thank you in advance for your endorsement. If you or anyone you know are considering buying or selling a home, please think of me."

     

     

  • The State of Our Market

    Everyone is flustered about our present slowing economy. Maybe because we had seen such a long period of prosperity, the current economic recession is causing inordinate panic.  The media is helping this panic with headlines such as “Economy shrinks at fastest pace in 26 years”, “Over One-Third of Americans Believe Nation in a Depression,” and “Wall Street tumbles to 1997 levels on bank, recession fears.”

     

    It is important to read beyond the headlines and remember that recessions are actually a normal part of the business cycle.  Recessions do have a valuable purpose in that they clear away weak companies and force people to spend less and save more.  While this recession appears to be lasting longer than a normal recession, history has shown we will eventually emerge to a new period of economic growth and the stock markets will eventually recover their losses and hit new highs.

     

    It is easy to forget that we have had 7 recessions since 1967.  While this recession may seem “different” for various reasons, it is important to remember that recessions usually have “different” causes or related events new to our history.  Let’s take a look at a few for example:

     

    1973-1974 Stock Market Crash and 1973 Oil Crisis (1973-1975) lasting 2 years

     

    • In the 694 days between January 11, 1973 and December 6, 1974, the Dow Jones Industrial Average benchmark lost over 45% of its value. 
    • The unemployment rate jumped from the 5% level to nearly the 9% in about a year and a half.
    • The Arab members of OPEC declared they would no longer ship oil to the United Sates and other countries if they supported Israel.  
    • In 1972 the price of crude oil was about $.3.00 per barrel and by the end of 1974 the price of oil had quadrupled to over $12.00.  
    • In the United States, the retail price of a gallon of leaded regular gasoline rose from a national average of 39 cents in 1973 to 53 cents in 1974.  
    • The New York Stock Exchange shares lost $97 billion in value in six weeks.  
    • Inflation jumped from 3.4% in 1972 to 12.3% in 1974.

     

    Early 1980’s recession (1980-1982) lasting 2 years

     

    • The unemployment rate reached 10.8%
    • Bank failures reached a high of 42, and in the first half of 1983 an additional 27 banks failed.
    • In 1984, the Continental Illinois National Bank and the Trust Company, the nation’s seventh-largest bank failed.  Members of Congress felt Continental  Illinois was “too big to fail.” In May 1984, federal banking regulators were forced to offer a $4.5 billion rescue package to Continental Illinois.
    • Up to 415 savings and loans associations in the US failed
    • In 1979 inflation reached 13.3% and the Prime lending rate jumped to 21.5% by December 1980.

     

    Early 1990’s recession (1990-1991) lasting 1 year

     

    • By 1989, over half of the Savings and Loans banks had failed, along with the FSLIC fund that was created to insure their deposits.

     

    Earl 2000’s recession (2001-2003) lasting 2 years

     

    • By the end of 2001 the S&P 500 average price-to-earnings ratio was 46.50, well above the historical average of 15, and it was thought that “earnings didn’t matter” in the valuation of stocks.
    • The NASDAQ lost 78% of its value following the collapse of the Dot-com bubble.
    • From March 2000 to October 2002 technology companies lost $5 trillion in market value.
    • After the September 11, 2001 terrorist attack and the Dow Jones Industrial Average suffered its worst one-day point loss and the biggest one-week losses in history up to that point.
    • Unprecedented accounting scandals at companies such as Enron and Worldcom.

     

    While no one knows for sure when this current recession will end, we do know that typically the stock markets recover before the technical end of a recession and that on average, the stock market earns 38.6% in the 12 months following the trough, or bottom, of the market.

     

    Of course, no two recessionary periods are exactly alike.  Some were driven by equity market bubbles, significant corporate earnings deterioration or to oil price shocks.  And since the beginning and end of a recession cannot be accurately called until well after they occur, it is all the more difficult to predict how the markets will perform before, during and after any subsequent recession.  Unless we find an unusually accurate method, it is important to maintain a broad asset allocation in your plan to survive through a recession and post-recessionary market.

     

    A special thanks to:

     

    Jeffrey Chen, CRPC

    Advanced Financial Advisor
    Ameriprise Financial
    Office: 713-260-1350

     

    Now is a great time to buy a real estate investment in Houston.  Houston is presently at the forefront of the housing market and didn’t’ really see a “market bubble”.  Our affordability enables you to invest in Houston at prices lower than other comparable metropolitan markets throughout the United States.  We work with relocations and referral business from a large network within our real estate network.

     

    Let me show you the way...

    I understand that finding your new home is just one of the tasks that face you when you're purchasing a new house. I can assist you in the home buying process which includes offer negotiations, assisting in the inspection and negotiations process after inspections. Beat other home buyers to the hottest new homes for sale in Houston with my New Listings Notifications. You'll receive updates via email to the properties that match your search criteria in the Greater Houston area. Considering selling down the road? Learn the market value of your home with no obligation. An estimate of your home's value will be sent to you by email. Receive a FREE Home Market Analysis via email with up to 4 properties that have sold in the last six months.

    Sincerely,

    Diego E. Jaramillo
    Realtor, ABR, e-Pro
    Keller Williams Houston Metropolitan
    Cell: 832-282-2069 
    Online at www.HoustonHeritage.com 

    Request a Free Market Snapshot!

    "Because my business is primarily based on referrals, I thank you in advance for your endorsement. If you or anyone you know are considering buying or selling a home, please think of me."

     

     

     

  • Open House in Barker Place on Sunday

    April 2009
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    Barker Place, Houston  -  We invite everyone to visit our open house at 21-15600 BARKERS LANDING RD on April 5 from 2:00 PM to 4:00 PM.

    Property information

  • Flood Insurance in the Greater Houston Area

    It is common knowledge that portions of the Houston area and the Texas Gulf Coast is prone to hurricanes and storms that may cause flooding.  There are certain areas classified as flood zones depending on their proximity to waterways and their location in relation to the updated flood maps.  I always recommend my clients to purchase flood insurance regardless of their location in Houston just to be on the safe side.

    Interesting Flood Facts

    Flood is ALWAYS excluded on a standard HO policy. Flood is a general and temporary condition of partial or complete inundation of two or more acres of normally dry land area or two or more properties…

    - Zone AE-High Risk-100 year flood zone:

       • Flood insurance required by mortgage company

       • 1% chance of flood any given year

       • 26% Chance home will flood during 30-year mortgage

    - Zone X-Moderate/Low risk-500+ year flood zone

       • Flood insurance NOT required by mortgage company

       • 0.2% chance of flood any given year

       • 6% chance home will flood during 30-year mortgage

       • 25% of claims nationwide come from this zone

       • 65% of flooded properties during T.S. Allison were in Zone X


    Did you know the following about Home Insurance?


    • Only a 4% Chance that a home will have a fire claim during 30-year Mortgage
    • No coverage for Antiques
    • No coverage for other structures that have bathrooms
    • No coverage for contents in a basement – Sunken living room/den=basement
    • 30-day wait for no loan activity. Soon to be 15-day wait
    • Maximum of $250K on dwelling and $100K in contents (residential)
    • Only Primary Homes have replacement cost


    When should I buy Flood Insurance?


    – You should always buy flood insurance in the Houston area
    – Always recommend to your clients that you get flood insurance
    – The number 1 reason that people don’t buy flood insurance...their realtor “advised against it”

     

    Do Flood Claims show up on CLUE


    • Not always!
    • Flood claims will typically show up as Water Claims with $0 paid if and only if the homeowner filed a claim on their homeowners insurance policy
    • Best way to find out if the home has flooded is asking the neighbors

     

    Flood Claims Letter?


    FEMA Headquarters
    Attn: Freedom of Information Act
    500 C Street S.W.
    Washington DC 20024

     

    What’s Happened on June 18th, 2007?


    • Harris County Flood Maps changed

    • New flood maps posted interactively at TSARP website.

     

    Post June 18th…Situations & Scenarios


    • No Change (Zone X to X or Zone AE to AE)

    • Zone AE to X

    – Flood insurance no longer required by lenders
    – Flood insurance rates are no higher than $317 annually

    • Zone X to AE

    – Flood Insurance now required by lenders
    – Able to grandfather via buying flood insurance prior to June 18th or securing historic flood maps
    – Rate increase. YES!
    – Homes build after late 1970s require elevation certificates to purchase flood insurance


    Post June 18th…After the dust settled:


    • Lenders were much more lenient than expected
    • Grandfathering exercises proved to be fruitless in most cases
    • Elevation certificates saved the most money most of the time
    • Floodway issues fateful but still unresolved in court
    – Cannot build on empty lot in floodway
    – Cannot expand footprint of existing structure
    – Cannot improve structures that add more than 50% of value to existing structure
    – Can still purchase flood insurance on structures in a floodway


    Post June 18th…What should you do if you are buying or selling in Zone AE?


    • Verify that it is in Zone AE
    • If it is, ask seller to provide a copy of their current flood insurance policy declarations page
    • Ask seller to provide the elevation certificate if available
    • Provide both to your insurance agent for review
    • If current insurance is cheaper than new quote, have sellers insurance agent assign sellers policy to buyer
    • If elevation certificate is not available, consider investing in an elevation certificate if the home has never flooded***
    • Have insurance agent compare new rates with current declarations
    • Ask insurance agent if grandfathering would be beneficial
    • If flood zone changed from X to AE and elevation certificate shows the structure to be under BFE, then grandfathering is beneficial***


    Need a good Insurance Agent for your team during your purchase?

    Leash Yu
    Nationwide Financial Network
    Tel: 713-688-8881


    Let me show you the way...

    I understand that selling your home is just one of the tasks that face you when you're selling a house. I will help you decide which specific projects will maximize your home's sale price.  I can assist you in the home selling process which includes offer negotiations, assisting in the inspection and proactive marketing.  Buying? Beat other home buyers to the hottest new homes for sale in Houston with my New Listings Notifications. You'll receive updates via email to the properties that match your search criteria in the Greater Houston area. Considering selling down the road? Learn the market value of your home with no obligation. An estimate of your home's value will be sent to you by email. Receive a FREE Home Market Analysis via email with up to 4 properties that have sold in the last six months.

    Sincerely,

    Diego E. Jaramillo
    Realtor, ABR, e-Pro
    Keller Williams Houston Metropolitan
    Cell: 832-282-2069 
    Online at www.HoustonHeritage.com 

    Request a Free Market Snapshot!

    "Because my business is primarily based on referrals, I thank you in advance for your endorsement. If you or anyone you know are considering buying or selling a home, please think of me."

  • Open House in Barker Place on Sunday

    March 2009
    SuMoTuWeThFrSa
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    891011121314
    15161718192021
    22232425262728
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    Barker Place, Houston  -  We invite everyone to visit our open house at 21-15600 BARKERS LANDING RD on March 22 from 2:00 PM to 4:00 PM.

    Property information

  • Storm Chaser Builders in Texas Gulf Coast?

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    Everyone is content during the calm before the storm with mixed emotions and anxiety.  Yet, the aftermath is when predatory practices surface as minions of fly by night builders come to the “supposed” rescue.  Recently, there has been advertising (maybe you’ve heard on the radio or seen it on TV) regarding Storm Chasers.  This reference however, isn’t for the adventurous who risk their lives studying storms and their impacts.  The reference here is for builders, usually from out of state or small mom and pop companies, in Texas that surfaced in the aftermath of Hurricane Ike this last year.  If you have been in this situation, you know how painful it is to work with a builder who “disappears” after the construction is finished and no warranty is in place to protect you.

    Who is the Texas Residential Construction Commission

    The Texas Residential Construction Commission urges consumers to thoroughly review a builder or remodeler’s record with the commission and check references before signing any work contract or agreement.  As a licensed Realtor® in Texas, I will often encourage my clients to research their prospective builders on the TRCC web site at Texas Residential Construction Commission.  The Commission provides a toll-free number for buyers to call and check if a recently constructed home was properly registered.

    Since 2004, state law mandates that ALL builders/contractor operating in Texas be registered with the TRCC and that they register EVERY single home or they build or remodel with a cost greater than $20K.  The Commission was put into place to give both consumers and builders the ability to obtain dispute resolution and sets minimum warranty obligations upon builders.  Some rogue builders go to great lengths to avoid the costly registration and operate outside this law (often because they have something to hide).  I highly discourage clients from choosing builders who do not register their companies or their homes with the TRCC.

    Also, if I are thinking about purchasing a home that was built since 2002 (when voluntary registration began), Please select this link to the TRCC informational pamphlet.

    Know your Facts:


    Searching For New Construction?

    If you are on the look-out for new construction, feel free to select through the available inventory in the Greater Houston Area.  Click here to preview New Construction homes and Communities in Greater Houston.


    Let me show you the way...

    I understand that finding your new home is just one of the tasks that face you when you're purchasing a new house. I can assist you in the home buying process which includes offer negotiations, assisting in the inspection and negotiations process after inspections. Beat other home buyers to the hottest new homes for sale in Houston with my New Listings Notifications. You'll receive updates via email to the properties that match your search criteria in the Greater Houston area. Considering selling down the road? Learn the market value of your home with no obligation. An estimate of your home's value will be sent to you by email. Receive a FREE Home Market Analysis via email with up to 4 properties that have sold in the last six months.

    Sincerely,

    Diego E. Jaramillo
    Realtor, ABR, e-Pro
    Keller Williams Houston Metropolitan
    Cell: 832-282-2069 
    Online at www.HoustonHeritage.com 

    Request a Free Market Snapshot!

    "Because my business is primarily based on referrals, I thank you in advance for your endorsement. If you or anyone you know are considering buying or selling a home, please think of me."

     

     

     

  • Lot Value - 4505 Willowbend Blvd in heart Willowbend - 9375 sq. ft. lot!

    Willowbend, Houston (77035)  -  Announcing a lot value pricing on 4505 WILLOWBEND BLVD, a 2,022 sq. ft., 2 bath, 3 bdrm single story "Traditional". Now MLS® $150,000 USD - Great Low Price!. Large new construction two doors down!  Just minutes to Galleria & shopping (Meyer Park & Meyerland Plaza).

    Property information

  • What should I know about Investment Properties in Houston?

     

    I am constantly approached by individuals who are looking to purchase their first investment past their primary home.  If you have the money and are able to invest in real estate, most financial analysts would say it would be a good addition to your diversified portfolio. Investment properties are common in Houston and attract investors from other cities and countries because of our low median prices. Common questions that people ask are:

    1. What areas should I consider?
    Answer = Areas vary in Houston considering your budget and of course calculating hard and silent costs. Be careful not to over extend yourself when buying something as lending practices have become more strict with debt to income ratios.  Consider areas that have good potential that are just under the radar or that are in transition if you want a longer term investment.

    2. What type of property should I buy?
    Answer = Some properties demand more attention or a property management company while others are less demanding.  Consider your devotion and expense budget when considering property types for residential/condo/commercial/multi-family, etc.  Sometimes the best investment is not as self-managing as one hoped for.  Consider hiring someone to maintain the property if you don't have the time or energy.  Also, some properties have monthly or yearly maintenance fees that must also be considered when buying.

    3. Should I know the Areas?
    Answer = Familiarize yourself with the areas of interest!  One good rule of thumb is to drive through the areas and have a feel for them at different times in the week and weekends.  This will give you good insight as to items such as demographics, garage sales, trains, busy intersections, etc.  If you have a family member or friend who lives in the area they can give you the insight as to the areas of interest.  We take pictures and email them to clients on the investment properties that are of interest.

    4. Must I Know Comps? 
    Answer = Absolutely! Ask your Agent! Comparables will provide a snapshot of past sold properties in comparison of 6 month and 1 year snapshots for your review.  We cannot predict the future but recent past trends do show healthy markets that usually have good resale for both residential and commercial.

    5. Can I use any agent?
    Answer = Know your agent!  Why not use someone who has a fiduciary duty to you?  Trust is important in a residential and commercial real estate transaction.  Sometimes buyers feel upset when a property is out bid because they chose to low ball and come in at a fair market price.  Your agent should be able to provide information regarding demographics, comps, general flood mapping, neighborhood statistics, median improvement and lot sizes, etc to help you be informed in your transaction.  As agents, our job is to provide information to our clients.

    6. What should I now about financing?
    Answer = Know your loan officer!  Financing changes daily...rates are crazy one day and amazing the next.  Some lenders are expecting 20-35% down payment for investment properties so be up front with your loan officer.

    7. Should I have an inspection even if I know it's sold "As Is"?
    Answer = This is entirely up to you, however...I see it this way...if for $500 (the cost of a good residential inspection under 3000 sq. ft.) you could find out that your calculated repair costs were exceeded, wouldn't that be good enough to walk away from the deal instead of owning a money pit?  I always recommend my clients have inspections on their homes, new construction (especially), investments and commercial properties (and phase inspections). A good inspection will serve to have as a checklist for items that need attention...remember you will need to disclose to next buyer if you sell within the next 4 years in Texas.

    8. What about insurance?
    Answer = A good insurance agent is always great to have on your team, especially if you plan to buy multiple investment properties.  Insurance companies are very volatile in Texas so make sure you choose a good agent to help you.  Remember that dwelling insurance is different from other types if you plan to lease out residential properties.  Also, take into consideration where the property is located for the sake of flood insurance.

    9. Representations?
    Answer = Please be aware that if you don't plan to have a buyer agent represent you (through a signed Buyer Representation Agreement), that agent in Texas automatically represents the Seller through Sub-Agency.  Please make sure you see a copy of the promulgated form: "Information About Brokerage Services" for representations in Texas.  Most properties listed on MLS have procured the buyer agent commissions so your representation is paid by seller.  Be aware of the properties you are buying to cover your agent's commission or you as the buyer may need to cover the commission portion.  This is more common with commercial investments than residential. The seller is usually always represented by a listing agent through a signed Listing Agreement.

    10. OK to just scout the areas?
    Answer = If you aren't sure which areas are of interest, have your agent email you listings for multiple areas so you can see the market trends in different areas prior to purchase.  Periodic comps can also help you become a more informed investor.

    11. What about tax sales?
    Answer = Beware get rich schemes and TV commercials.  As they say...some things are too good to be true.  Think more aggressively and business savvy...make sure you are being CLEAR TITLE to your investment or you will later need an attorney and several thousand dollars in settlement costs to satisfy shady tax foreclosures from first or second lien positions.  I had an investor who purchased one on their own, repaired it and wanted to sell and he was unable to sell for 2 yrs to suffice the right of redemption period and several title companies didn't want to insure title because of the logistics of the foreclosure.

    12. Will I need an attorney?
    Answer = I usually recommend my client retain an attorney for larger investments and commercial investments.  Sometimes commercial leases are drafted by attorneys even though the Realtors are negotiating the logistics of the leases. If is never a bad thing to have a real estate attorney look over an investment purchase.  If you take it to an attorney that doesn't specialize in real estate...well...it's like going to chiropractor for acute angina or heart palpitations...you get the picture.

    Let me show you the way...

    I understand that finding your new home is just one of the tasks that face you when you're purchasing a new house. I can assist you in the home buying process which includes offer negotiations, assisting in the inspection and negotiations process after inspections. Beat other home buyers to the hottest new homes for sale in Houston with my New Listings Notifications. You'll receive updates via email to the properties that match your search criteria in the Greater Houston area. Considering selling down the road? Learn the market value of your home with no obligation. An estimate of your home's value will be sent to you by email. Receive a FREE Home Market Analysis via email with up to 4 properties that have sold in the last six months.

    Sincerely,

    Diego E. Jaramillo
    Realtor, ABR, e-Pro
    Keller Williams Houston Metropolitan
    Cell: 832-282-2069 
    Online at www.HoustonHeritage.com 

    Request a Free Market Snapshot!

    "Because my business is primarily based on referrals, I thank you in advance for your endorsement. If you or anyone you know are considering buying or selling a home, please think of me."

  • Household Products - Water Displacement #40

    We sometimes accumulate products at home that we use for specific jobs and forget that they may have other uses.  One such product is Water Displacement #40 which we have so accustomed to call it WD 40!  It's many uses are quite interesting so feel free to read about this fantastic product.  I don't tend to endorse products but do enjoy seeing multi uses for products I already have at home without having to search for the next miracle product for each home use.

    Water Displacement #40 began from a search for a rust preventative solvent and de greaser to protect Missile parts. WD-40 was created in 1953 by three Technicians at the San Diego Rocket Chemical Company. Its name comes from the project that was to find a "water displacement" compound.  They were successful with the fortieth formulation, thus WD-40. The Corvair Company bought it in bulk to protect their atlas missile parts. 
         
    Ken East (one of the original founders) says there is nothing in WD-40 that would hurt you...' IT IS MADE FROM FISH OIL' . When you read the 'shower door' part, try it. It's the first thing that has ever cleaned that spotty shower door.  If yours is plastic, it works just as well as glass. It is a miracle! Then try it on your stovetop... It is now shinier than it has ever been before. 
     

    Here are a few uses around the house for WD-40:

    1) Protects silver from tarnishing.
    2) Removes road tar and grime from cars.
    3) Cleans and lubricates guitar strings.
    4) Gives floors that `just-waxed` sheen without making it slippery..
    5) Keeps flies off cows.
    6) Restores and cleans chalkboards.
    7) Removes lipstick stains.
    8) Loosens stubborn zippers.
    9) Untangles jewelry chains.
    10) Removes stains from stainless steel sinks.
    11) Removes dirt and grime from the barbecue grill.
    12) Keeps ceramic/terra cotta garden pots from oxidizing.
    13) Removes tomato stains from clothing.
    14) Keeps glass shower doors free of water spots.
    15) Camouflages scratches in ceramic and marble floors.
    16) Keeps scissors working smoothly
    17) Lubricates noisy door hinges on vehicles and doors in homes
    18) Removes black scuff marks from the kitchen floor! 
    1
    9) Bug guts will eat away the finish on your car. 
    20) Gives a children's play gym slide a shine for a super fast slide.
    21) Lubricates gear shift on lawn mowers.
    22) Rids kids rocking chairs and swings of squeaky noises.
    23) Lubricates tracks in sticking home windows and makes them easier to open.
    24) Spraying an umbrella stem makes it easier to open and close.
    25) Restores and cleans padded leather dashboards in vehicles, well as vinyl bumpers.
    26) Restores and cleans roof racks on vehicles.
    27) Lubricates and stops squeaks in electric fans.
    28) Lubricates wheel sprockets on tricycles, wagons, and bicycles for easy handling.
    29) Lubricates fan belts on washers and dryers and keeps them running smoothly.
    30) Keeps rust from forming on saws and saw blades, and other tools.
    31) Removes splattered grease on stove.
    32) Keeps bathroom mirror from fogging.
    33) Lubricates prosthetic limbs.
    34) Keeps pigeons off the balcony (they hate the smell).
    35) Removes all traces of duct tape.
    36) Folks even spray it on their arms, hands, and knees to relieve arthritis pain
    37) Cleans and removes love bugs from grills and bumpers.
    38) Protects the Statue of Liberty from the elements.
    39) WD-40 attracts fish. Spray a LITTLE on live bait or lures and you will be catching the big one.
    40) Ant bites. It takes the sting away immediately and stops the itch.
    41) WD-40 is great for removing crayon from walls. Spray on the mark and wipe with a clean rag.
    42) If you've washed and dried a tube of lipstick with a load of laundry, saturate the lipstick spots with WD-40 and Presto!  Lipstick is gone!
    43) If you spray WD-40 on the distributor cap, it will displace the moisture and allow the car to start. 
    44) It is good for oven burns or any other type of Burn.  It takes the burned feeling away and heals with NO scarring. 

    Keep a can of WD-40 in your kitchen cabinet. Remember, the basic ingredient is FISH OIL.

    Author - Anonymous

    Content provided by our loan officer partner:

    Ann Bennett
    Nations Bankers Mortgage
    ann@homeloansbyann.com
    Tel: 832-594-0479

    Let me show you the way...

    I understand that finding your new home is just one of the tasks that face you when you're purchasing a new house. I can assist you in the home buying process which includes offer negotiations, assisting in the inspection and negotiations process after inspections. Beat other home buyers to the hottest new homes for sale in Houston with my New Listings Notifications. You'll receive updates via email to the properties that match your search criteria in the Greater Houston area. Considering selling down the road? Learn the market value of your home with no obligation. An estimate of your home's value will be sent to you by email. Receive a FREE Home Market Analysis via email with up to 4 properties that have sold in the last six months.

    Sincerely,

    Diego E. Jaramillo
    Realtor, ABR, e-Pro
    Keller Williams Houston Metropolitan
    Cell: 832-282-2069 
    Online at www.HoustonHeritage.com 

    Request a Free Market Snapshot!

    "Because my business is primarily based on referrals, I thank you in advance for your endorsement. If you or anyone you know are considering buying or selling a home, please think of me."

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