Tuesday, June 22, 2010

Your Entry Door Makes a Difference


Replacing your front door can pay for itself or even turn a profit by increasing your home’s value, according to Remodeling Magazine’s annual Cost vs. Value Report.

What’s more, if you choose an energy-efficient exterior door, you may qualify for a tax credit that can offset 30% of the purchase price as well as trim up to 10% off your energy bills. With utility bills averaging $2,200 annually, that’s a savings of as much as $220.

But how do you know which door is right for you? Make your decision by comparing the three main materials available for exterior doors: steel, fiberglass, and wood.

Steel
If you’re looking to save money, a steel door may be a good choice, particularly if you have the skills to hang it yourself. A simple, unadorned steel door can sell for as little as $150 (not including hardware, lock set, paint, or labor) and typically runs as much as $400 at big-box retailers. Steel offers the strongest barrier against intruders, although its advantage over fiberglass and wood in this area is slight.

Even better, replacing your entry door with a steel model actually reaps a profit in added home value. Remodeling Magazine estimates the total project cost of installing a 20-gauge steel door at about $1,200—and the project, on average, returns about 129% of cost or $1,400.

Still, the attractive cost of a steel door comes with an important caveat: Its typical life span under duress is shorter than either fiberglass or wood. A steel door exposed to salt air or heavy rains may last only five to seven years, according to Bob Bossard, general manager of 84 Lumber in Clarksville, Del. Despite steel’s reputation for toughness, it actually didn’t perform well in Consumer Reports testing against wood and fiberglass for normal wear and tear.

With heavy use, it may dent, and the damage can be difficult and expensive to repair. If your door will be heavily exposed to traffic or the elements, you may be better off choosing a different material.

Fiberglass
Fiberglass doors come in an immense variety of styles, many of which accurately mimic the look of real wood. And if limited upkeep is your ideal, fiberglass may be your best bet. “Nothing is maintenance-free,” Bossard says, “but fiberglass is pretty close. And it lasts twice as long as wood or steel.”

Fiberglass doesn’t expand or contract appreciably as the weather changes. Therefore, in a reasonably protected location, a fiberglass entry door can go for years without needing a paint or stain touch-up and can last 15 to 20 years overall. Although it feels light to the touch, fiberglass has a very stout coating that’s difficult for an intruder to breach; and its foam core offers considerable insulation.

Fiberglass generally falls between steel and wood in price; models sold at big-box stores range from about $150 to $600. Remodeling Magazine lists the cost of a fiberglass entry-door replacement project at around $3,500. Although a fiberglass door doesn’t generate as high a return as a steel door, it recoups about 65% in home value.

Wood
Wood is considered the go-to choice for high-end projects; its luxe look and substantial weight can’t be flawlessly duplicated by fiberglass or steel, though high-end fiberglass products are getting close. If your home calls for a stunning entry statement with a handcrafted touch, wood may be the best material for you.

Wood is usually the most expensive choice of the three—roughly $500 to $2,000, excluding custom jobs—and requires the most maintenance, although it’s easier to repair scratches on a wood door than dents in steel or fiberglass. Wood doors should be repainted or refinished every year or two to prevent splitting and warping. (Remodeling Magazine’s 2009-2010 Cost vs. Value Report doesn’t include a wood entry-door replacement project.)

If you’re concerned about the environmental impact of your door as well as its energy efficiency, you can purchase a solid wood door certified by the Forest Stewardship Council, which assures you that the wood was sustainably grown and harvested.

Tracing the environmental impact of a particular door—from manufacturing process to shipping distance to how much recycled/recyclable content it contains—is quite complicated and probably beyond the ken of the average homeowner, notes LEED-certified green designer Victoria Schomer. But FSC-certified wood and an Energy Star rating are an excellent start.

A final note on choosing a door based on energy efficiency: Because efficiency depends on a number of factors besides the material a door is made of—including its framework and whether it has windows—look for the Energy Star label to help you compare doors. To qualify for the federal tax credit, look for solar heat gain coefficient and U-factor values less than 0.3.

Finally, please feel free to copy or share this home improvement piece with your family and friends and, to see all the homes in Johns Creek...with some of the best front doors in town...click on http://www.anzianorealestate.com/

Thursday, June 17, 2010

All Brick "Best Home" in Johns Creek


A group of real estate professionals in Johns Creek, Georgia (just north of Atlanta) recently rated this all brick home as a 'best value' based on several criteria:

Construction. The home is solidly built of all brick vaneer construction, has a recently replaced roof with new warranty, has raised ceilings and hardwood flooring on most of the main level.

Maintenance. The owners shared that even though the home is occupied by just two adults and no children, the home is professionally maintained and is in spotless condition.

Size and value. Fulton County tax records show the house with 4,379 square feet of living space with an additional 2+ car garage. The house has 4 bedrooms, 3 full baths and 2 half baths.

Location. Prestwick subdivision across the street from the Atlanta Athletic Club and less than two minutes from the Chattahoochee river boat launch. And, Prestwick Homeowners Association fees are some of the lowest in Johns Creek at just $414 (annually!).

Schools. Served by Johns Creek high school, Autry Mill middle school and Medlock Bridge elementary school...plus Weslyan, Perimeter, Mount Pisgah and Woodward private schools.

For complete information visit: www.AnzianoRealEstate.com/4006243/

And, please feel free to share this blog with any of your friends and family; our goal is to make your house search as easy and as much fun as possible.

Wednesday, June 16, 2010

Tips on Preparing to Buy a Home



Most potential homebuyers are a smidge daunted by the fact that they’re about to agree to a hefty mortgage that they’ll be paying for the next few decades. The best way to relieve that anxiety is to be confident you’re purchasing the best home at a price you can afford with the most favorable financing. These seven steps will help you make smart decisions about your biggest purchase.

1. Decide how much home you can afford
Generally, you can afford a home priced 2 to 3 times your gross income. Remember to consider costs every homeowner must cover: property taxes, insurance, maintenance, utilities, and community association fees, if applicable, as well as costs specific to your family, such as day care if you plan to have children.

2. Develop your home wish list
Be honest about which features you must have and which you’d like to have. Handicap accessibility for an aging parent or special needs child is a must. Granite countertops and stainless steel appliances are in the bonus category. Come up with your top-five must-haves and top-five wants to help you focus your search and make a logical, rather than emotional, choice when home shopping.

3. Select where you want to live
Make a list of your top-five community priorities, such as commute time, schools, and recreational facilities. Ask your REALTOR® to help you identify three to four target neighborhoods based on your priorities.

4. Start saving
Have you saved enough money to qualify for a mortgage and cover your downpayment? Ideally, you should have 20% of the purchase price set aside for a downpayment, but some lenders allow as little as 5% down. A small downpayment preserves your savings for emergencies.

However, the lower your downpayment, the higher the loan amount you’ll need to qualify for, and if you still qualify, the higher your monthly payment. Your downpayment size can also influence your interest rate and the type of loan you can get.

Finally, if your downpayment is less than 20%, you’ll be required to purchase private mortgage insurance. Depending on the size of your loan, PMI can add hundreds to your monthly payment. Check with your state and local government for mortgage and downpayment assistance programs for first-time buyers.

5. Ask about all the costs before you sign
A downpayment is just one homebuying cost. Your REALTOR® can tell you what other costs buyers commonly pay in your area—including home inspections, attorneys’ fees, and transfer fees of 2% to 7% of the home price. Tally up the extras you’ll also want to buy after you move-in, such as window coverings and patio furniture for your new yard.

6. Get your credit in order
A credit report details your borrowing history, including any late payments and bad debts, and typically includes a credit score. Lenders lean heavily on your credit report and credit score in determining whether, how much, and at what interest rate to lend for a home. Most require a minimum credit score of 620 for a home mortgage.

You’re entitled to free copies of your credit reports annually from the major credit bureaus: Equifax, Experian, and TransUnion. Order and then pore over them to ensure the information is accurate, and try to correct any errors before you buy. If your credit score isn’t up to snuff, the easiest ways to improve it are to pay every bill on time and pay down high credit card debt.

7. Get prequalified
Meet with a lender to get a prequalification letter that says how much house you’re qualified to buy. Start gathering the paperwork your lender says it needs. Most want to see W-2 forms verifying your employment and income, copies of pay stubs, and two to four months of banking statements.

If you’re self-employed, you’ll need your current profit and loss statement, a current balance sheet, and personal and business income tax returns for the previous two years.

Consider your financing options. The longer the loan, the smaller your monthly payment. Fixed-rate mortgages offer payment certainty; an adjustable-rate mortgage offers a lower monthly payment. However, an adjustable-rate mortgage may adjust dramatically. Be sure to calculate your affordability at both the lowest and highest possible ARM rate

Finally...
Look at some Atlanta area homes now, on line; just click on www.AnzianoRealEstate.com pick the area and features you want and you're on your way. This is one of the easiest, least intrusive search sites in the city.

And, PS; please feel free to copy or share this blog with your friends. Thanks for visiting.

Thursday, June 10, 2010

Some Ideas on how much credit is right for you.

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Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®

Tuesday, June 8, 2010

Here's how to improve your Credit Score

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Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®

Monday, June 7, 2010

Great Home Buying Tips

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Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®

Wednesday, June 2, 2010

Johns Creek on the Grow


Though just an infant in terms of the age of a city, at three years young Johns Creek is a vibrant and energized city that now scores as sixth largest city in Georgia.

At a recent gathering Mayor Mike Bodker gave his State of the City address to bring us up to the mnute information about our new city, it's fire and police protection services, parks and recreation facilities, public words and some thoughts about plans for our city.

Here's the text of Mayor Bodker's speech: http://bit.ly/StateoftheCityText ...

and here's the photos to go along with the dialog: http://bit.ly/JohnsCreekUpdate

We've a right to be proud of the city, it's a wonderful place to call home for your family and for your business.

To see all the homes available in Johns Creek click here: http://bit.ly/HomesJohnsCreek