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The Tacoma Fall Home Show is this weekend.

Friday, October 7th, 2011

The Tacoma Fall Home Show and the Fall RV Show are being held together this weekend October 7th – 9th.

Always a great source of home improvement ideas the Tacoma Home Show allows you to take a look at some of the new and exciting ideas in home renovations, upgrades, and furnishing. If you’re thinking about staying in your home longer because the market has gone south the Tacoma Fall Home Show might just give you some great ideas on how to make your home just a bit more enjoyable. If you’re thinking of doing some upgrades in advance of selling your home. You will find ideas that will help you get the best return on your remodeling dollar.

Remember parking is free in the Tacoma Dome lot. Tickets are $12.00 for adults and free to children under 16. You can download a discount coupon by following this link to the producers website.

Show hours are 10am to 8pm Friday and Saturday and 10am to 5pm on Sunday.

How you can weatherize your Classic Home.

Thursday, August 25th, 2011

The following article was written by Phillip Reed on behalf of Redstone College. I know you will find the article to have a number of tips that will help you improve the weatherization of your classic home without ruining the character of your home.

Weatherizing the Classics

–Philip J Reed, on behalf of Redstone College

 

There is something extremely attractive about classic older homes.  There is a charm in them that can rarely, if ever, be met by newer constructions. With that charm though, come a few potential heating and cooling issues that you have to deal with in order to keep your classic home comfortable, and properly weatherized, all year long.  We will look at five of them below.

  1. Windows

Older single pane windows are one of the biggest culprits when it comes to loss of hot or cool air, and you can often have them replaced with much more efficient double pane windows without sacrificing the charm and personality of your home. There are many styles available, so do your research and be sure that you are choosing a style in keeping with your home’s character.  An experienced decorator, or somebody who has restored classic homes in the past, may be able to guide you on this.  Ultimately, though, the decision comes down to you!

  1. Doors

Ask anyone who has any experience weatherizing homes, classic or not, and they will tell you that after windows, a poorly fitting door is next on the list of culprits for leaking air. Luckily though, it’s an easy fix that won’t detract at all from the look of your home. Installing weather stripping around all of your exterior doors can and will save you a lot of money when it comes to your heating and cooling bills, and it will make a world difference in your family’s comfort level during those inclement months.

  1. HVAC

Calling in the pros when it comes to your HVAC needs will ensure that you get the right climate control system for your home. Do your research and be sure you are hiring someone with an HVAC degree.  They can evaluate your home and find the most efficient way to make it comfortable, and they can also work with you to find a system that won’t detract from the visual personality of your home.  If you choose a technician you are comfortable with, they can easily be your biggest ally in your quest for proper (and stylistically appropriate) weatherization options.

  1. Plumbing

Since it’s not hot or cold air that you’re losing through your pipes, people often forget about them when weatherizing their homes.  This is not a good thing to forget, however!  Freezing pipes can (and often will) burst, and that can result in pricey repairs, or even in damages that can’t be satisfactorily repaired at all.  (Basements tend to suffer from this most of all.)  So don’t disrespect your plumbing!  Give it the attention it deserves and needs.  Make sure your plumbing is both properly installed and properly insulated, or expect a costly and inconvenient winter!

  1. Top floor

Many older homes have attics, and if yours hasn’t been renovated into a useable space it’s all too easy to forget it even exists as anything other than storage space.  But a great way to cut down on your heating and cooling costs is to make sure that your attic is properly sealed and insulted, including those decorative attic windows that you may not even realize are broken!

 

Classic homes come with their own set of issues and challenges, but for those who love their charm it’s more than worth the effort. Just remember that owning an older home doesn’t have to mean that you break the bank with your utility bills. By paying a little more attention to just a few basic aspects of your home, you can have the best of both worlds.

ValueAppeal provides simple, guarantied Property Tax Valuation Appeals in Pierce County

Friday, August 13th, 2010

For all of you lucky Pierce County residents, a Seattle software company provides a web based service that checks whether your property valuation is too high for free and then helps you appeal your valuation and generates an appeal report. ValueAppeal claims 40% of property owners overpay their property taxes.  They guaranty success or you get your $99 fee refunded.  The company is getting some accolades for innovation in the Seattle business community.

Appealing your property valuation can be a painful process, to find the information, understand it and organize it in a way to make your appeal successful. That also assumes that you have enough information to know that your property is over valued in the first place.

ValueAppeal seeks to take the uncertainty and pain out of the process. From their web site, you can enter your address and get an evaluation of whether your valuation is too high in seconds for free. Then, for $99 they walk you through a 10 minute online process to generate a property valuation appeal report that you can use to appeal your property valuation.  If you don’t win your appeal, they refund your fee.

Their report provides data on other comparable sales that support reducing your valuation as well as unequal assessment information. It also has an area where you can put in unique aspects of your property, such as something like fire damage, that the assessor may not have taken into account.

The company is working on expanding the county coverage area, with an announcement slated for later this month. However, it currently offers service in King, Pierce and Snohomish counties of Washington state, as well as most of California.  So you Tacoma residents are already in luck.

The company also compiles detailed information on property tax information in the areas that it covers. For example, earlier this year ValueAppeal issued a report which said that West Seattle’s Fauntleroy neighborhood was most over assessed neighborhood in Seattle.

Classic Homes Northwest Welcomes Rosemary Kendall!

Thursday, March 4th, 2010

We are happy to have another author here in our little part of cyberspace. Rosemary Kendall is a Home Mortgage Consultant with Wells Fargo Bank. She is so excited to post here that she has already contributed her first post before we were able to publish her bio!

Rosemary Kendall is a Tacoma native.  She attended Lakes High School and Pacific Lutheran University.  She has been in the financial industry for over 20 years, a successful Mortgage Loan Officer for the past eight.  Rosemary’s professional passion is helping the first time homebuyer navigate the financing process with confidence that comes from knowledge and having a trusted professional at their side along the way.  Rosemary is experienced with FHA and VA loans, FHA 203(k), Washington State Bond “Housekeys” as well as local down payment assistance programs.

Rosemary enjoys living in this region for the natural and cultural beauty that surrounds us!

We are looking forward to reading more about the various home loan programs available for buyers who are looking to buy their first home in 2010!

Welcome Rosemary! we are happy to have you on board.

FHA 203(k) Streamline

Thursday, March 4th, 2010

In the real estate market today there are a number of bank owned properties available for purchase at great prices, in “as is” condition. “As is” can mean the house is an ugly duckling or it can mean that it has been stripped to the studs and raccoons have taken up residence. As a potential buyer, purchasing a bank owned home can be a great opportunity to invest in a fixer and earn sweat equity. The problem is, in order to get a mortgage to buy the house it can’t have any ‘health or safety’ deficiencies. Some typical health & safety issues would be: missing carpet, holes in walls, missing plumbing or electrical fixtures, broken windows, water leaks, mold, doors that won’t lock; raccoons or other pests etc. Beauty is in the eye of the beholder, but adequate heat, plumbing, electrical, roof are absolutely required for financing.

I’ve had a number of buyers tell me that they would be willing to do the work on the house prior to closing on the loan. Unfortunately, I have yet to encounter a selling bank that will allow it. There is a willing buyer, a willing seller but no financing…catch 22.

The FHA 203(k) Streamline loan is ideal for this situation in that it allows borrower to close on the home before the improvements are made. Repairs and improvements up to $35,000 are financed into the loan. Borrower is required to make a 3.5% down payment based on the price of the house plus repair costs. Funds from the loan are disbursed by the bank to the contractor based on FHA guidelines as the work is completed after closing.
I won’t tell you this is a quick and easy loan, but if you follow your Loan Officer’s instructions and do exactly as they advise you along the way it will be worth the extra effort to get the house you want.

A few things you should keep in mind:
*Generally self help is not allowed (can’t do the work yourself)
*House must be for owner occupancy (not for rentals or house flips)
*NOT only for first time buyers!
*NOT just for purchase, you can use this for refinance too which I’ll talk about another time
*not just for required repairs…you can do this for cosmetic upgrades only: new appliances, remodel a bathroom or kitchen, paint, etc.

My comments are intended to give you an idea of how a FHA 203(k) Streamline may be used. A Loan Officer who is experienced in FHA 203(k) financing will be a great resource to give you more specific product guidelines.

Good luck!!!

www.rosemarykendall.com

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Classic Homes Northwest Welcomes Ryan Christensen!

Thursday, February 25th, 2010

Today we have signed up another author Ryan Christensen of Sumner Home Mortgage. Another lender you may ask? Well Sure! Ryan was a real estate agent with me a couple of years ago at Rainier Real Estate in Puyallup. Now that he is working on the lending side of the transaction we think it is a great fit to have Ryan contribute here. His passion and energy will a great addition here at Classic Homes Northwest.

Ryan is the Social Media & Marketing Coordinator for Sumner Home Mortgage. He likes to use video to help convey the message that he is sharing. Currently Ryan is working on helping people learn to utilize the Tacoma Down Payment Assistance Program, Pierce County Down Payment Assistance Program, and other programs to help buy their first homes in Tacoma and Pierce County. If you would like more information on how Sumner Home Mortgage is helping first time home buyers you can visit their websites here and here.

We are happy to add another voice to the conversation here at Classic Homes Northwest. Buying or selling a home in Tacoma can and should be an enjoyable process. One of the best things you can do as a prospective home buyer or home seller is to educate yourself. We are happy to provide as much information as we can on the home buying or home selling process. If you have any questions we are always just an email or a phone call away.

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