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Marie Otis

Spring showers bring Spring Home Buyers

02-21-09
Marie Otis

I was recently reading an article at a website called Realty Times that spoke about buying now before the spring rush. Many of these tips will apply to Omaha home buyers but the most important tip is don't wait. With low interest rates, many homes for sale and the $8000 Tax Credit for first time homebuyers, the time to act is now. To learn more about other home buying tips in this article visit http://budurl.com/qaef.

And now, the rest of the story...

01-18-09
Marie Otis

I know I speak for many when I say, "I just can't take any more bad news". I've even stopped reading the paper and stopped watching the news. I have asked my husband (a news junkie) to let me know if there is something newsworthy that I should know about.

To listen to the news media, one would think that homeowners are in big trouble and the majority of them are headed toward foreclosure. And now, the rest of the story... I am a member of the Buffini and Company coaching program and Brian Buffini shared some statistics with us on a conference call this month that you won't hear on the news. There are 52 million households with a mortgage in the United States. 97.2% of those homeowners are NOT in foreclosure and 93.8% are current on their mortgage. Another interesting stat is 40% of all foreclosures are non-owner occupied.

I understand that real estate is local and I am blessed to be in a market area that hasn't been hit as hard as some other areas of the country. As my manager has said "We were not invited to the party, so we don't have the hangover". In Omaha, NE our market in 2008 was down just 16% in the number of closed units and down 19% in closed volume. Our average sales price dropped just 4%.

I believe the more a REALTOR knows about their local statistics, the better he/she can inform their clients, showing them that you are their trusted adviser when it comes to the local real estate market. There has never been a better time to buy since I became a REALTOR in 2002 and I believe with my whole being that 2009 will be a great year for real estate!

Here's An Important Checklist!

11-06-08
Marie Otis

It's a gorgeous fall weekend here in Omaha and many of us are out working to make certain our homes are winterized. It's so important to protect what may be our greatest asset so I thought I'd give you a short checklist of items need to get set for winter blasts.

First, get your furnace inspected by a HVAC professional. It's definitely worth of the money to ensure you family's comfort. Also make certain you stock up on furnace filters and change them every month. You might consider switching out your thermostat for a programmable thermostat. Every penny saved will be important during these difficult economic times.

Check out that fireplace. Perhaps you should arrange to have it cleaned of soot and creosote build-up. We've all read the dangers of carbon-monoxide. Also, check the mortar between bricks. It may have to be repaired or replaced. While you're at it makes certain the damper works properly.

Caulk all windows and install weather-stripping on outside doors. You need to keep out cold drafts to keep down the heating bills. Make certain your gutters and downspouts are clean and free-flowing. If your able, check out the roof to see if any shingles or tiles need to be replaced.

Check your foundation for cracks and holes. Get them filled up. Be certain that dirt is piled up against the foundation and all nearby edible vegetation is removed. You don't want to encourage pests. Speaking of pests, it's a good time to check for termite damage and dry rot as well.

Finally, service your equipment. Drain the gas from your lawnmower. Get your show blower tuned up. Make certain your snow shovel is in good shape and stock up on some bags of ice-melt.

If you need the names and numbers of any reputable vendors to help you with any of these tasks, please contact me at 402-97-4251 or email me at marie.otis@cbshome.com. Please visit my website www.MarieOtis.com The sun is shining so get out there and batten down the hatches!