- Melissa Kellerman
Buying or selling a home can be a stressful experience without the security of a trusted REALTOR in your corner.
Choose me to be your trusted REALTOR.
I will guide you through every step of this rewarding process with professionalism and dedication. My attention to detail, strong communication and 100% effort will deliver the results you deserve. It is my mission to build lasting relationships and earn repeat referrals. The key to this is providing my clients with personalized service before, during and after every transaction. I am here to help you with all of your real estate needs.
Feel free to call or email me anytime!
Monday, February 28, 2011
Eighty-eight percent of homeowners who sold their homes using a REALTOR said they would use a REALTOR again.
Seventy-one percent of FSBOs who managed to sell their homes on their own said they would try and sell their home on their own again.
It is especially striking that homeowners fare significantly better in selling their homes using a REALTOR than selling on their own, said Louis Cammarosano, General Manager of HomeGain. Due to that relative success, the level of satisfaction in the home selling process is also higher for home sellers utilizing the services of a REALTOR than those who try to sell their homes on their own.
The survey also pointed out that 24% of FSBOs eventually enlisted the aid of a REALTOR to help sell their homes.
For more information, visit http://www.homegain.com/.
This doesn't suprise me at all. How about you?
Monday, February 21, 2011
Check out the link above for more info and maps
A gem of south-central Colorado nestled at the base of the Rocky Mountains, few vacation destinations provide such an extraordinary range of tourism opportunities in a single location. The nearby mountains contain a vast array of recreational opportunities, as well as breathtaking geological wonders at places like Garden of the Gods Park, Cave of the Winds and the Paint Mines Interpretive Park.
Home to Colorado College and the University of Colorado at Colorado Springs, the town has a thriving arts and cultural scene--including the Colorado Springs Pioneers Museum, which interprets the early history of the area. Architecture buffs will not want to miss the stunning Cadet Chapel at the Air Force Academy, which is considered a masterpiece of Modernist architecture.
After a day of walking, shopping or hiking, visitors looking to spend the night in the area have several top-notch options available, from the historic Broadmoor Hotel to the Cliff House at nearby Pike’s Peak which has hosted such luminaries as Clark Gable, Theodore Roosevelt and Buffalo Bill Cody.
You have a lot more responsibility than you think you do. The first thing you're going to do is call the insurance company, who is going to ask for a detailed list and description of everything you lost and need to replace. All you need to do is provide the make, model and serial number of your electronics and appliances and substantial proof that your clothes were from Talbot's, your sheets were 600-count and your mower was a high-end John Deere. But most people can't even remember where they bought many of their belongings, never mind the model and serial number. Receipts and appraisals lost in a fire? It's not unheard of to find people digging around in the soggy ashes of their once-home desperately looking for evidence to show insurance adjusters. If you are more proactive now and prepare your home and belongings for the worst, you can arrange to have all of the necessary information that the insurance company will ask for before something terrible happens.
You won't remember as much as you think. How big are your grandmother's heirloom pearls? How many are on the string? How long is the strand? What about that pocket watch your great-grandfather brought here when he emigrated from Europe? Can you describe it in detail? When is the last time you really looked at it? If they were stolen, could you describe them to the police? Do you have any pictures? A comprehensive home inventory can help ensure that you have the right amount of insurance coverage, provide proof of ownership to your insurance company, maximize your insurance recovery payments, and improve your chances of recovering irreplaceable treasures if they're stolen.
A home inventory can document and catalog all your possessions. Home inventory services can also be purchased and tailored to suit your needs and budget. Whether you conduct the inventory yourself or hire an outside company, having a proper inventory done will be invaluable if disaster strikes. You'll sleep better knowing you're ready to maintain your family's quality of life in a worst-case scenario.
Saturday, February 19, 2011
Consider the following when searching for the right area for your family:
Move-up Neighborhoods - Areas outside of cities are often desirable and well-established neighborhoods to buy in, though many experts would advise against moving to an area with lots of foreclosures. Try to avoid areas with a lot of foreclosures because it may take longer for those homes to regain their value. Areas with a lot of first-time buyers were hard-hit because they did not have a lot of equity in their home and were faster to default. If you can afford it, buy into a 'move-up' area, which doesn't necessarily have to be a super-expensive neighborhood. Buyers should conduct research and find areas where many long-term residents live. Areas that have owners of 15 years or more tend to be more stable and experience fewer foreclosures.
Commute Times and Public Transportation - The distance to and from public transportation can also make or break a neighborhood in terms of market value. Some suburban neighborhoods may suffer if they are located too far away from cities or lack easy access to city-bound transportation. Compare prices of neighborhoods in the area and see which fare better. Areas close to a train or metro line, whether you are in the suburbs or in the city, will keep its value. Also, look for communities that are convenient to major employment centers because there will always be a large amount of buyers looking in that area.
Investigate Amenities- What's around the neighborhood in question? Areas that have many shops, parks and libraries typically have a stronger value than areas where you have to drive 20 minutes to get to anything. The more amenities you can find in one place, the better off you'll be purchasing near there.
Local School System - Even if you aren't planning on children, home buyers should most definitely look into neighborhoods with a good school district. Buyers always look for areas with good schools and when it comes time to sell, this factor could help you out. Although real estate agents cannot discuss whether schools are good or bad (due to Fair Housing laws), buyers can find test scores or other stats on district websites and also search for school reviews on the Web.
The Local Crime Rate- Crime rates are a large influence on values. Look at police district websites or call local police and inquire about crime stats. Obviously, you don't want to purchase in an area with rising crime. Understand the stigma involved with a high crime rate and be aware that the stigma alone can hurt property values for a long time.
Buyers should think outside the box to ask questions that are important to their potential home's value. By carefully assessing the local area and neighborhood, buyers can find a location that not only suits them personally, but also suits them financially.
Wednesday, February 16, 2011
If an individual does fall due to ice in front of a home and decides to sue, whether it is covered by the policy of the property owner also depends upon the local snow removal statues. Some require by law that the maintenance of the sidewalk in front of a house is the responsibility of the owner. In this case, the homeowners insurance policy will then be in effect.
If a homeowners insurance claim needs to be made, the owner should take pictures before any clean up or repairs. A home inventory should be made before a claim. This is a detailed list of the personal property in and around the home. In addition to a list, owners should keep receipts for big ticket items, and make a photo log or a video recording of all the items in the home. A copy of this record should be kept in a safe place outside of the home.
Tuesday, February 15, 2011
1. Last two years federal tax returns and/or W-2 statements financial institutions typically use your past tax returns as verification of your employment and earnings.
2. Pay stubs: Most financial institutions will ask to see your most recent pay stubs, usually covering the past month. Your pay stub must have your name, your social security number, your employers address, and your year-to-date earnings. These help them to gauge whether you will be able to handle your monthly mortgage payments.
3. Employment history: While your pay stubs provide your financial earnings, your employment history gives the financial institution an idea of the nature of your employment. Generally, a record of steady employment is going to work in your favor.
4. Credit History: Credit report, including current creditors and account information. A credit report, including a list of your current creditors and the corresponding account information is useful to a financial institution because it allows them to see how you have dealt with your past loans. This list should include the details (i.e. minimum monthly payment and balances) of all student loans, auto loans, credit cards, and child support payments.
By establishing a solid credit history, you can avoid having to pay higher interest rates that frequently accompany subprime mortgages.
Expenses and Payments
5. Bank statements: In order to verify your banking assets, financial institutions will most likely want to see up to three months of your most recent bank statements.
6. Complete record of assets: Additional assets that should be reported upon applying for a mortgage loan should include mutual funds, retirement accounts, real estate titles, and stock certificates. These not only promote your qualifications as a worthy risk for the financial institution, but they can also help you secure a lower interest rate.
7. Canceled rent checks: If you are currently renting, canceled checks that were used to pay rent can be proof that you are punctual with your payments. Some financial constitutions may ask for the name and address of your landlord instead of the canceled checks.
8. Information about desired property or property type. Providing the financial institution with a description of either the property you want to finance or at least a description of the property helps the financial institution decide if any of the loan programs would be right for you.
Having these documents gathered and ready to go when you are in the process of shopping for a new home will help your mortgage application process go smoothly.
Monday, February 7, 2011
Friday, February 4, 2011
Show Your Job Stability If you have been working in the same industry for a lengthy period of time, or if youve been at the same company for a long time, make sure you bring attention to that. Regular pay raises and performance-based raises to your income should also be highlighted. A climbing pay history will definitely help you when you apply for a loan, as lenders will know youre able to pay the smaller fees such as utility payments, taxes or other financial emergencies.
Staying Power Prove to the lender that you are going to stay in your new home for a lengthy period of time. By showing that you are committed to the house, neighborhood and community, your lender will not think you are a flight risk who is going to up and move again in a short time period.
By proving eligible and worthy, borrowers are more likely to get approved for a loan for a new home. Flaunt any asset you have and really sell yourself to your lender. If your lender views you as a low-risk applicant, you could be moving in to your brand new home sooner than you thought.
Source: AOL Real Estate/HousingWatch