Wednesday, September 14, 2011

September Newsletter

Here’s What’s Happening in Oakleigh Farms
ACTIVE:  3795 S. Mallard Ln— 4 bedrooms, 2 1/2 baths, 2 acre wooded, cul-de-sac lot. Now $630,000, 111 days.
4700 Twinbrook Cir—5 bedrooms, 3.5 baths, finished basement, 2 acres. Reduced to $729,000. On the market for 70 days.
PENDING: None.
SETTLED: 4670 Twinbrook Cir— a Coventry floorplan, 4 bedrooms, 4 full baths, sunroom addition, pool, finished basement. Listed for $799,900. Sold for $750,000 in 217 days.
4680 Twinbrook Cir. The Gutner Team found the buyers for this home! A St. Andrews model, 6 bdrms, 4 1/2 baths, back stairs leading to in-law suite, 1st floor bedroom w/full bath, Sunroom. Reduced to $799,000. Sold for $770,000 in 68 days.

Buckingham Woods and Oaks
PENDING:  4710 Frost Ln— A Cornell model, 4 bedrooms, 2 1/2 baths, tons of upgrades, full daylight walkout basement, fully plumbed but not finished. Start price $765,000, pending at $749,000 72 days.
3580 Byron Dr—4 bedrooms, 3 full baths, 2 half baths, upgraded and remodeled, gourmet kitchen, covered patio, inground pool with spa. Listed at $914,900. Now pending after 30 days.
SETTLED:  3672 Hancock Ln— 7 bedrooms, 5 1/2 baths, Elite Addition, Morning Room, Finished basement w/in-law w/kitchenette, 1.5 acres. Start price $899,900. Sold for $810,000 in 41 days.


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I’m often asked why one house sells so high and a seemingly same house sells for less.  The reasons are many.  There’s the obvious difference:  A perfect picture: Price, location, condition.  But the not- so -obvious plays a huge role too.  For example, we’ve had sellers who were buying up and got a fantastic deal on the other end and just didn’t care about the extra 10, 20 or $30,000.00.  Then there’s the homeowner who has bought something else and now needs to get their house sold as carrying two homes is killing them—or the couple who’s living with their mother-in-law in Kansas, waiting for the house here to sell and they’re ready to shoot themselves.  In some cases, those with great equity just decide that they want to be the next one sold . . .  so they complete our to-do list and price it below the competition.
      The problem in today’s Real Estate market is that those who can afford to shear off a couple of thousand for the sake of “getting it done now” become the new base-line for the next sale.  Buyers can’t get into the last sales so they look strictly at square footage, rooms and finishes.  The same for the appraiser who will tell the bank how much they should lend.  The last price of a sold is the “new” price of a neighborhood.  Foreclosures and short sales abound in every neighborhood of Buckingham and Plumstead.  It’s a fantastic time to buy and it may be the best time for many years to come to sell.  Keep paying off your home and increasing your equity and you’ll be in a better place when your time comes. 

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10th Annual Keller Williams Food Drive

For the past 9 years Keller Williams Agents have been loading up the shelves at the New Britain Food Larder which serves more LOCAL people than you can imagine!

Date:  Saturday, October 1st

Bring your donations to the New Britain Food Larder
Located right on 202, after the 7-11 at the next light
Anytime before 12:00 Noon
Come enjoy some delicious Chili as it is also our
Annual Chili contest (I won last year)!

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 The scoop on light bulbs
By 2012 many types of incandescent bulbs will no longer be sold in the U.S.  By 2014 all will be discontinued.  Traditional 100 watt light bulbs are going to be phased out come this December 31.  By Jan. 1, 2014 the only incandescents will be the three-way bulbs.  BUT, don’t fret!  LED bulbs are LONG LASTING and last up to 10 times as long as compact fluorescent and FAR longer than typical incandescent.  They are more DURABLE because they don’t have a filament and can be jarred and bumped.  They are COOL because they do not cause heat build-up, producing 3.4 btu’s/hour compared to 85 for the one’s we use now.  Should cut down on air-conditioning! MORE EFFICIENT using only 2—10 watts of electricity (1/30th of incandescent).  These bulbs last for years and save 80% in electricity! LED bulbs costs more but the longevity and cost savings of usage are fantastic!  And the next time you see a really bright traffic light, you’ll know they’re using LED’s!

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What Projects are Worth It?
If you’re thinking of doing some improvements stick to the most used areas of your home and those that will pay you back when it’s time to sell. 

According to Remodeling Magazine’s “Cost Versus Value Report” last year, the following projects give the highest paybacks upon sale nationwide:
*Adding an attic bedroom (which none of us can do because of our truss systems)  83.1%
*Adding a wooden deck, 80.6%
*Minor Kitchen remodel, 78.3% 
*Basement remodel, 75.4%
*Major kitchen remodel, 72.1%
*Bathroom remodel, 71%
Some remodels, according to the Magazine, let you recoup the entire cost—and then some.  Replacing your front door with a new steel unit is estimated to return 128%. Other replacement projects give great returns because they not only are re-9investments in the home, but provide great curb appeal as well.  Buyers are enticed to view a home when greeted with bright new doors, clean easy-care replacement windows, smooth new driveways and no over-grown vegetation.

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Garbage Disposal Care and Maintenance:
So . . . Who knows the rules of taking care of your disposal?  Here’s some help:
Put food in slowly.  If you shove it in it can cause a clog an will shorten the life of your system.
Grind up those chicken bones and small fruit pits!  They actually help clean the walls of the disposal.
Use only cold water and run if for 15 to 20 seconds.  This solidifies the grease so it can get ground up.
Keep it smelling nice—grind citrus fruit peels or add a few drops of dish soap and let it run for a few minutes.
Sharpen the blades by filling it with ice cubes every month or so.
DON’T:  Use hot water as it makes grease liquefy and clog the drain.  DON’T grind celery stalks and onion skins as they will tangle up and clog it the same as pasta and rice which swells with water and clogs it up.  DON’T turn off the motor too quickly.  Make sure everything is ground up and then run the water for 15 seconds to flush it out.  DON’T put your coffee grounds in because the disposal can handle it but your pipes will clog.  And finally, DON’T forget to use it because it’ll get rusty and can lead to premature replacement. 

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Kids Away At College?
Ask your insurance company for “casual driver” rates on your car insurance.  AND, lots of policies only cover $500.00 (not even the cost of that new lap-top)!  Estimate all your student has in their apartment or dorm room and be sure it’s covered.  And did you know???  College kids are targeted for 35% of identity theft.  They are very casual about giving out their social security numbers and personal info.

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Can’t say it enough!!  Be sure you add the sump pump rider to your insurance policy.  If they don’t have it . . . Change insurance companies!

Thursday, June 23, 2011

Here's What's Happening in Oakleigh Farms

ACTIVE:  4600 Twinbrook Circle—An Augusta. 4 bedrooms, 3 1/2 baths, New Kitchen. Listed at $650,000 for 105 days.
3795 S. Mallard Ln— 4 bedrooms, 2 1/2 baths, 2 acre wooded, cul-de-sac lot. Listed at $659,900 for 48 days.
4630 Twinbrook Cir— 5 bedrooms, 4 full baths, finished basement.  Asking $749,900 for 592 days.
4680 Twinbrook Cir. a St. Andrews model, 6 bdrms, 4 1/2 baths, back stars leading to in-law suite, first floor bedroom with full bath, Sunroom.  Listed at $824,900, reduced to $799,000. On the market for 81 days. (+ 230 days last year)

PENDING: 4670 Twinbrook Cir— a Coventry floorplan, 4 bedrooms, 4 full baths, sunroom addition, pool, finished basement. Asking $799,900 for 217 days.

SETTLED: 4625 Twinbrook Cir. - Foxhall model, 4 bdrms, 3 1/2 baths, finished basement w/full bath, 3 seasons porch and pool. Originally listed at $679,900, reduced to $649,900. Sold for $615,000 in 202 days.

In Landisville Hunt
SETTLED:  4277 Arbor Lane   A Harvard Federal model, 4 bedrooms, 4 full baths, 1 half bath, dual staircases, two-story family room. Listed at $725,000. Sold for $681,500 in 9 days.

In Buckingham Woods and The Oaks (off of Hansel Road)
ACTIVE: 4721 Dickinson Way — 5 bedrooms, 2 1/2 baths, In-ground heated pool with patio, remodeled kitchen and master bath. Listed for $749,000. Reduced to $719,000. On the market for 355 days.

PENDING:  4710 Frost Ln— A Cornell model, 4 bedrooms, 2 1/2 baths, tons of upgrades, full daylight walkout basement, fully plumbed but not finished. Listed at $765,000, reduced to $749,000. Now pending after 72 days.
3672 Hancock Ln— 7 bedrooms, 5 1/2 baths, Elite Addition, Morning Room, Finished basement w/in-law w/kitchenette, 1.5 acres. Listed at $899,900. Reduced to $874,900 and pending after 41 days.

SETTLED:  4753 Frost Ln— A Madison, 5 bedrooms, 4 1/2 baths, granite kitchen, pool, waterfall, & patio on premium lot. Listed at $895,000. Sold for $815,000 in 205 days.
3707 Hancock Ln— An  Elkins, 4 bdrms, 4 1/2 baths. Listed at $799,999. Sold for $770,000 in 81 days.



And some little known facts from the National Association of Realtors:
· For every home that someone buys there is up to $60,000 brought back into the local economy with furniture, updates and related items.
· Every home sale affects 80 different occupations!
· Home sales are responsible for 2.5 million private-sector jobs each year.
· Housing accounts for 15% of America’s Gross Domestic Product and is a key driver in our economic recovery.
· Out of the last eight recessions, housing brought us out of six of them.  So . . . go buy a house!!!!

TAX ASSESSMENT APPEAL RIP OFFS !
             We recently received a solicitation from “Value Appeal” to reduce our Real Estate Taxes for our residence in Cold Spring Hunt.  They claim that we are over-assessed by $2300 and that they can help us reduce our taxes by $2300.  
They are wrong in the calculation of our  assessment as we appealed our taxes two years ago and our assessment is right in line with value but "Value Appeal" charges you the $100.00 just to get a report!!!  They are obviously inflating their number to get you to use their services.  
The appeal is a simple process that will cost you $25.00 to the Board of Appeals.  IF YOU QUALIFY and that's a big IF.  Email us today to see what the county values your property at for tax purposes.  95% of you will not qualify for an appeal as the state/county has played with the assessment numbers. We would be happy to tell you if you qualify and give you the comps you need if you do qualify.  We have done hundreds of them in the past two years, and we will help you do yours before the deadline on August 1st for free. If you have any questions please email (only) us at jeri@gutner.com and we will gladly help you.


And now . . . The numbers:
If a buyer is looking for a 1 to 20 year old home, their route is usually Buckingham, Doylestown and Plumstead. 
Here’s what’s available to them:


Watch us Re-Do our Master Bath!
Well . . . Unfortunately, real estate got in the way of my bathroom renovation so no new pictures to show.  I did get as far as fixtures—and trying to find fixtures that match each other is no easy chore!  Stay tuned to our blog for updates.  Go to www.gutner.com and click on BLOG.  


MOST AND LEAST AFFORDABLE CITIES!  A New Jersey surprise!
Looking for the most affordable metro area with populations of less than 1/2 a million?  Check out the 10 most affordable cities: Kokomo, Indiana; Monroe, Michigan; Cumberland, Md.; Elhart-Goshen, Indiana: Springfield, Ohio; Sandusky, Ohio; Bay City, Michigan; Rockford, Ill.; Fairbanks, Arkansas; and Flint, Michigan.  If you want to move to the 10 least affordable areas head out to California although Ocean City, NJ ranks #4 least affordable!
The 10 most affordable with populations of 500,000 or more were Syracuse; Youngstown; Indianapolis; Warren-Troy, Michigan; Toledo, Lakeland-Winter Haven, Fla; Harrisburg-Carlisle, Akron, Dayton, Detroit. Median sale price of $80,000.  Of course the least affordable were NY; San Fran; L.A.; Honolulu; Santa Ana-Anaheim; San Jose; Bridgeport-Stamford, Ct; Nassau-Suffolk; SanDiego and El Paso.  Median sale price of $425,000.

10 Easy to-do Upgrades that add Style and Value
Sometimes, it’s the little things that make the biggest difference in the value and appeal of your home. Whether you’re trying to sell your home or just spruce up the place, here are 10 easy ways to get started.
1. Update hardware on cabinets and drawers
2. Replace towels and rugs in the bathroom(s)
3. Add overhead lighting or wall sconces to brighten rooms
4. Declutter small spaces and closets with DIY storage kits
5. Wash or power wash the exterior of your home (especially windows)
6. Add area rugs to throw in a hint of color
7. Hang a mirror in small rooms to give the illusion of more space
8. A fresh coat of paint on walls and trim brighten any room
9. Try a fresh new color on your front door for character
10. Mow and mulch your lawn even in the cooler months
Make a plan. Set a budget. Get started!
 

Local Hazardous Waste and Old Computer Collection
Hazardous Waste and Old Computer Collection Program for Middle Bucks is being held from 9:00 to 3:00 on Saturday, July 23rd, at CB South High School, 1100 Folly Rd., Warrington.  You can bring as many 3 computers and 25 gallons of Hazardous products including: pesticides; flammables such as gas, oil, spot removers and paint thinner; caustics such as lye, oven cleaner, drain and metal cleaner; toxics such as rust/paint remover, antifreeze, weed killer, fluorescent lamps; household batteries and Lead-Acid Batteries including car, marine, motorcycle and truck batteries.



A friend of ours from whom we have been getting our prescription eye wear  for years has opened in Rice’s Market in the new barn.  Save 40% to 60% on your next purchase and mention Jeri and Henri for an added 10% off! 

Thursday, June 9, 2011

June 2011: Here's What's Happening in Oakleigh Farms

ACTIVE:  4600 Twinbrook Circle, An Augusta. 4 bedrooms, 3 1/2 baths, New Kitchen. Listed at $650,000 for 30 days.
4680 Twinbrook Cir.  -  a St. Andrews model, 6 bdrms, 4 1/2 baths, back stars leading to in-law suite, first floor bedroom with full bath, Sunroom.  Listed at $824,900 for 22 days. (+ 230 days last year)
4670 Twinbrook, Coventry floorplan, 4 bedrooms, 4 full baths, sunroom addition, pool, finished basement. Asking $799,900 for 205 days.
4630 Twinbrook, 5 bedrooms, 4 full baths, finished basement.  Asking $749,900 for 535 days.
PENDING: 4625 Twinbrook Cir. - Foxhall model, 4 bdrms, 3 1/2 baths, finished basement w/full bath, 3 seasons porch and pool. Originally listed at $679,900. Pending at $649,900 after 202 days.   
SETTLED: None.