About Monroe County, NY

When you've been in the real estate business a while, you get used to the issues that come up in home inspections. There are about a handful of problems I've heard mentioned over and over again. I've gotten so that I can predict them before the inspector even opens his or her mouth.

If you're planning to put your home on the market, knowing about common inspection issues can be a huge advantage. If you fix them before listing your home, it makes the home inspection process go more smoothly and lessens the probability that the buyer will get nervous and try to back out. It also sets you apart from other sellers who haven't done their homework and prepared in advance.

Here are six easy-to-fix potential problems:

Lack of GFCI outlets in the kitchen and baths. You know those outlets that have the reset button? Those are GFCIs, or Ground Fault Circuit Interrupters. They're designed to trip if the current flowing through the circuit differs by a small amount from the current that's returning. GFCIs are inexpensive devices that can prevent electrical shock. Inspectors expect to see functioning GFCI outlets in places where there is running water, such as a kitchen, bathroom, or laundry room.

Missing or non-functional gutters and downspouts. Many people see a damp basements and panic, but they can often be fixed with some simple changes. First, make sure your home has gutters that are in good working order and free of debris. Second, make sure the downspouts from those gutters are directed far enough away from your home that the water isn't just flowing right back toward the foundation!

Negative grading. Another simple fix to keep your basement dry is to make sure the soil is graded away from your foundation rather than toward it. It's known as a positive rather than negative grade. If the ground slopes downward toward your house, that's not good; that means water is flowing that way, too. Simply adding more soil so that it slopes upward toward your home will go a long way. Just make sure the soil isn't so high that it's touching the siding.

Touchy-feely shrubs. Don't let your bushes and shrubs sit against your home. They retain water and hold it right against your foundation. Keeping shrubbery at least 18 inches away is best. And anyway, out-of-control bushes just aren't appealing to buyers.

No handrails! This one seems simple, but I see a surprisingly large number of homes that have stairs without handrails, both inside and out. They're often leading to the basement or a deck. Adding them is an easy fix that can save you and your future buyer from liability issues. Safety first!

Bathroom fan that's not vented to the outside. If you have a fan that vents into your attic, all that moisture is building up there with nowhere to go. And, as we know, moisture leads to mold. Some may say this setup is worse than not having a fan at all! Having your fan vented up through the roof can save you from future moisture problems.

Keeping an eye on these simple issues can save you from inspection woes. Obviously, these are just explained in my layman's terms. If you have any questions, always consult a professional!

Now, let's get that home...

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I am proud to help buyers and sellers in the Greater Rochester, New York area find the homes of their dreams. If you are considering purchasing or selling a home in the Rochester area, don't hesitate to contact me. I pride myself in providing the best possible service for my clients!

When you work with me...

Visit my website at www.YourNYDreamHome.com to learn more about the services I offer!

• Sellers: Find out how much your home is worth by requesting a FREE Home Evaluation!
• Buyers: Become a savvy consumer by requesting FREE Home Buying Tips!

Contact:
Kristen Wahl
Realtor Associate
(585) 455-5524
KWahl@RealtyUSA.com

November 2009

After a two week delay, President Obama signed a bill which will extend the $8000 tax credit for qualifying first-time home buyers through June 2010. First time home buyers will receive the $8,000 Federal tax credit if they:

1. Sign a contract by April 30, 2010
2. Close on the home by June 30, 2010.

The new bill will also provide a $6,500 credit for move up buyers who purchase a new primary residence, and have lived in their current home for at least five of the previous 8 years.

The bill has a few provisions including:

1. Single tax filers who earn up to $125,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, single filers who earn $145,000 and above are ineligible.

2. Joint tax filers who earn up to $225,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, joint filers who earn $245,000 and above are ineligible.

The credit will not be giving for investment properties or vacation homes. You will receive this credit when you file your taxes. If you have been considering selling or buying a home, now is a good time to take advantage of this credit. It is best to contact your tax advisor for more specific information to see if you qualify.

Did you vote yesterday? I hope so. When I showed up at the polls at 8:40 last night, we had less than a 20 percent turnout. And then we complain about not liking what's going on around here.

Anyway, speaking of politics, this seems like an excellent time to endorse the efforts to extend (and possibly expand) the tax credit for first time homebuyers that is scheduled to expire on November 30, 2009. It is obvious why I want this to be extended since my business is directly impacted by the ebb and flow of the real estate market. But even if I didn't work in real estate, I would be pushing for this extension.

I didn't know this but each time there is a transfer of title of a property in America, it contributes, on average, $62,000 to the gross national product! That's huge! I'm guessing the average is slightly lower in the Rochester area just because our property values are very economical, but the impact is huge. When a house is bought or sold, a ton of people earn a paycheck, including inspectors, mortgage loan officers, surveyors, lawyers, movers, appraisers and Realtors. And as soon as the transaction closes, the new homeowners buy paint, curtains, furniture and lots of other goodies to make the house a home. So, a strong real estate market is good for the local economy.

If you believe this as strongly as I do, I hope you will call or e-mail your Congressman and urge them to get this extension through the House ASAP.

Luxury Ranch Home with Stone Front, 30 Yr. Architectural Roof, Great Room, Nine ft & tray ceilings throughout, Granite Kitchen Countertops, Energy Star Home, 12x15 Rear Covered Porch, Gas Fireplace, Deluxe Trim Package, Extensive Recess Lighting, Lawn and Driveway included. To directly access this property, use this shortcut: http://www.fizber.com/new-york-buy-new-construction-home-11648435.html

I consider myself a life-longer learner. I love taking classes at my local real estate association, and I'm even a member of the Professional Development Committee. I subscribe to a variety of online publications and read them each and every day. I've always believed it's tremendously important to be on top of what's going on with the real estate market, both in the Rochester area and nationally.

The other day, I was reminded just how important it is to be up on the latest real estate news. I was in the bank doing one of my favorite things, cashing a commission check. The teller was a woman I went to high school with, and we were chatting about life and how business was going. You know, the usual. Then, she said, "I heard the first-time buyer tax credit was extended."

My response was an excited but clueless, "It was??" She responded that she had just seen it on the t.v. screen at the back of the bank.

It turns out she wasn't 100% correct. The extension of the tax credit was passed by the Senate, but still needs to be approved by the House of Representatives and receive President Obama's signature.

Still, the fact that she knew more about it than I did at that point was a reminder of just how connected the typical layperson is these days. Between the internet and stations like CNN and MSNBC, they know information about the real estate market almost immediately, often before we agents do! That's the reason it's so important for all of us to stay at the top of our games.

When pondering the changes in society, it's easy to think, "If they're so connected, what do our clients need us for?" As agents, we've built our reputations on being the experts, the ones to go to for advice on the market. Will today's information age cause us to become obsolete??

Absolutely not. As you may have noticed in the example above, even though my friend knew about the tax credit, the information she had received from the t.v. wasn't clear to her. Later, on Facebook, I clarified the issue by sharing an article and a quick synopsis of where things stand.

People around the nation may have access to 24 hour information about the real estate market, but they also have lives and jobs that don't revolve around real estate. It's easy for them to become overwhelmed and confused by the sheer amount of real estate data available to them. That's why it's our job to keep track of what's really going on in our local markets. There's almost too much information out there, and our clients need us to make sense of it all for them.

Let them know...

• Which articles they read are most up-to-date
• How much of the news they hear relates to your local market
• What statistics show about the trends in your area

There's still a plethora of knowledge we can share with our clients and friends. We are trained, knowledgeable professionals. We can still be their real estate experts.

I am proud to help buyers and sellers in the Greater Rochester, New York area find the homes of their dreams. If you are considering purchasing or selling a home in the Rochester area, don't hesitate to contact me. I pride myself in providing the best possible service for my clients!

When you work with me...

Visit my website at www.YourNYDreamHome.com to learn more about the services I offer!

• Sellers: Find out how much your home is worth by requesting a FREE Home Evaluation!
• Buyers: Become a savvy consumer by requesting FREE Home Buying Tips!

Contact:
Kristen Wahl
Realtor Associate
(585) 455-5524
KWahl@RealtyUSA.com