(2018-02-18)
Follow these seven strategies to get the most financial gain on your kitchen remodel.
Homeowners spend more money on kitchen remodeling than on any other home improvement project. And with good reason: Kitchens are the hub of home life and a source of pride.
A significant portion of kitchen remodeling costs may be recovered by the value the project brings to your home. A complete kitchen renovation with a national median cost of $65,000 recovers about 62% of the initial project cost at the home’s resale, according to the "Remodeling Impact Report" from the National Association of REALTORS®.
The project gets a big thumbs-up from homeowners, too. Those polled in the "Report" gave their new kitchen a Joy Score of 10 (out of 10!), a rating based on those who said they were happy or satisfied with their remodeling, with 10 being the highest rating and 1 the lowest.
To help ensure you get a good return on your kitchen remodel, follow these seven tips:
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(2018-02-07)
Your career is on track, your family is on board, and you know you value owning over renting. Now is the time to start the process of buying a home, right?
Maybe — but not before you ensure you’ve thought through this big decision from various angles and perspectives.
Purchasing a home is a complex process and represents a major investment. You need to consider much more than just your ability to buy before you leap into house-hunting.
Plus, you’ll have even more decisions to make once you actually start the home-buying process. The more information you have before you start, the better your decisions will be — which means you need to think through this stuff now, before buying a home.
Below, we’ll explain 5 factors that will help you evaluate your goals, review your finances, and assess the market. With this information in hand, you will be able to decide whether owning a home is the right choice right now for you.
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(2018-02-02)
There are many fantastic homes for sale in the greater Tucson, AZ area. The georgeous Sonoran desert offers many recreational activities which make it a fantastic place to live or own a second home/investment property. Check out the current inventory of homes for sale on this my website, and/or give me a call at 520-248-1239 or shoot me an email at grichman@RichmanTucsonHomes.com to answer any questions you may have. What many folks don't know is that there are many financing options which make buying a Tuscon-area home easier. 100% mortgage financing is available as are down payment assistance programs.
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(2018-01-30)
This is a guest post from Sue Malin of H&R Block. With the recent changes to tax law in 2018, there have been many news articles describing the impact to homeowners – but not all have been accurate. To help you sift through the noise and understand how the tax changes will affect you, we’re bringing you this advice from one of the leading experts on taxes.
As the homeownership rate has declined slowly since peaking in 2006 at almost 70 percent, the tax benefits of owning a home have also declined. In 2006, more than 40 million homeowners deducted $433 Billion in mortgage interest. But in 2014, 33 million homeowners deducted just $287 Billion in mortgage interest and almost $6B in mortgage insurance premiums.
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(2018-01-17)
Blenman Elm is a fantastic, centrally located neighborhood in Tucson, AZ, and it has homes for sale. Blenman Elm Neighborhood is the ¾ square mile bounded by: Speedway, Campbell to Elm west of Tucson Blvd., to Grant east of Tucson Blvd. and Country Club Road. This Central part of Tucson is gentrifying, charming, close to the city center, The University of Arizona, University Medical Facility, and many, many amenities.
Blenman Elm is a historic distric, that exudes tons of charm. Tax rates are lower too!
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(2018-01-12)
There is free money available in Southern Arizona. Unreal! I'm serious. Free money! Down payment assistance programs are readily avilable for those who qualify. Buying a home in the Tucson, AZ area has never been easier. Rates are low! Money is cheap! Get money from the goverment to buy a home.
Home ownership is the foundation of building wealth. Home ownership builds pride in oneself and one's neighborood. It builds stability. It builds wealth. And, it gives you a place to live that's truly your own.
Here's a brief synopsis of the home ownership programs called Down Payment Assistance Programs (D.P.A.) offered through the State of Arizona and Pima County (where greater-Tucson is located).
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(2018-01-11)
Here's Tucson, AZ's home sales statistics for the month of Dec, 2017. Statistics are a good thing to keep an eye on as they can be enlightening and help one make better, informed decisions.
H.G. Wells wrote that, “statistical thinking will one day be as necessary for efficient citizenship as the ability to read and write.” Florence Nightingale, who pioneered nursing as we know it today, took that sentiment further:
“Statistics…is the most important science in the whole world: for upon it depends the practical application of every other science and of every art; the one science essential to all political and social administration, all education, all organization based upon experience, for it only gives the results of our experience.”
Data is everywhere. If you want to navigate the world properly, you need to have a handle on statistics.
Please don't hesitate to call or email to discuss the implications of these statistics. It's part of my job to provide a property buyer and/or seller with all they information they need and want.
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(2018-01-10)
Buying a house isn’t just finding a space to live—it’s also a really important investment opportunity. To ensure that you’re making a good investment on your real estate transaction, there are certain things to look for before you purchase a home. What kinds of things should you be looking for when you are getting ready to invest in real estate? Whether you’re just perusing the local real estate market or you’re seriously considering buying a property, here are ways to know if your new home will have good resale potential.
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(2018-01-07)
Qualifying for the $200 to $500 federal tax credit on new windows and doors depends on two measurements, U-factor and Solar Heat Gain Coefficient.
Just because windows or doors are Energy Star-labeled doesn't mean they're eligible for a federal tax credit. And with costs running about $500 to $1,000 per window including labor, it's wise to know something about the scientific lingo and numbers on the product labels you're likely to encounter.
Here's your pro-level label-decoding guide so you can be sure you're buying qualified products.
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(2018-01-03)
Tucson, AZ offers many types of homes for sale in many neighborhoods and adjoining communites. We're a "small" town of over 1M people. Dunbar Springs Neighborhood is a historic Tucson neighborhood centrally located. Located just North of downtown Tucson and The University of Arizona, the neighborhood has come together over the last 15-20 years with a common goal of making it a better place to live. Now sought after, Dunbar Springs offers super-cool, older homes with easy access to parks, downtown Tucson, the Univestity of Arizona and and Universiity Medical. Currently, 2 homes are for sale. But, more come on the market all the time.
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(2017-12-23)
Smart Strategies for Building a Master Closet
Unless your house is fairly new or has been recently renovated, your closets are probably tiny alcoves with little more than a shelf and a pole or two for organizing.
Whether you’re adding a master suite, remodeling your bedroom, or just outfitting a large existing closet, you have an opportunity to upgrade to a modern walk-in closet that neatly stores all of your clothes gently and accessibly.
Expect to pay $3,000 to $10,000 or more for a large, well-outfitted walk-in closet, assuming you hire a pro to build the room as part of your master suite addition, says Castle Rock, Colo., contractor Dean Bennett.
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(2017-12-21)
https://www.nar.realtor/infographics/the-benefits-of-homeownership#.WjxDWrTBh0M.email
What kind of benefits do owning a home and stable housing offer?
Please call or email me at 520-248-1239 / grichman@RichmanTucsonHomes.com for more information on Tucson-area housing, the home buying/selling process, or to get answers to any real estate realated questions. I would love to work with you. I offer a free Market Anyalsis & Home Valuation report to any home owners who may be interested in knowing the value of their home in today's market, neighborhood statistics. aad information about the Tucson-area real estate market.
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(2017-12-20)
How to Make A Winning Offer On a Home
Double Your Down Payment
With an improving economy and a relatively benign interest rate environment, home sellers in many real estate markets are enjoying multiple offers and frequently selling their home for more than the listing price. For buyers, such an environment can be very stressful and disheartening as you see home after home get sold to other buyers. Not only is your future home riding on the outcome, but there are so many variables that determine whether your offer is the winner. So how can you make your offer stand out against the others and improve your chances?
In this article, we will explain how to increase the odds of your offer being accepted so you can win the bidding war and get the home you really want.
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(2017-12-16)
The Chiricahua National Monument Park is a truly incredible wonderland right outside of Tucson, AZ. They are one of the many fun things to do in the Tucson, AZ area. Owning a home in the Tucson, AZ area has many benefits. Of course, our year-round fantastic weather, the relatively low cost of housing and low real estate taxes, the stability of our housing market and the odds of appreciation are all good reasons to buy a property in Tucson or to sell your current home and upgrade into one that better suits your needs and wants. But, the recreational options in the Tucson area are numerous and truly add something special to the Tucson area.
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(2017-12-12)
Tucson-area, Here's AZ's monthly housing statistics for your review. The importance of accurate data in making an informed decision can not be underestimated. Yes, we all love what we love and want the housing that best suits our needs and wants. Data can simply enhance your decision making abilities and help you and I negotiate the very best deal for YOU.
November Tucson Area Housing Sales Statistics
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(2017-12-08)
12 Delightful Ways to Make Your House Brighter in Winter
Meet you under the skylight, on the white sofa, with a cream cheese brownie.
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(2017-12-04)
Being familiar with real estate statistics in a specific area can be quite enligtening and help one make better, informed decisions.
The housing inventory helps one discern whether it's a buyers or a sellers market. Less than 3 months of inventory indicates a seller's market while over 3 months of inventory indicates a buyer's market. One should compare, or ask their Realtor, what the current inventory is and how it compares to previous months.
Average days on market is calculated based on sold listings. The sold price/list price differntial is something that a real estate buyer or seller should be aware of. The higher this ratio, the more potential buyers there are for that property.
For sale v. sold identify the price range the majority of properties in a given area.
The average price per square foot is also important in a given area. It helps one determine competitive pricing strategies and/or a competitive buy strategy.
Many statistics are available online or simply email/call me for more information. I'd be glad to provide you with all the information you'd like.
grichman@RichmanTucsonHomes.com/520-248-1239.
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(2017-11-26)
The holidays are upon us, and I want to wish you and your family a happy holiday season and a healthy, propesperous new year. Tucson, AZ is celebrating with comfortable day temperatures in the 80s and nighttime lows in the 50s. Wow! Perhaps we'll have georgeous, snow-capped mountains by christmas. What a great place to live and/or own a second/investment property. There are properties available for any budget. Simply give me a call, text or email to discuss Tucson real estate. It would be my pleasure to help.
How to Throw the Ultimate New Year’s Eve Party in Your Own Home
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(2017-10-20)
Putting Green features on your property will not only save one money, but will increase the value of one's property. Here's some ideas for raising the value of your home and saving money by implementing green features into one's property.
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(2017-10-15)
Multiple Listing Service of Southern Arizona Monthly Statistics September 2017
Statistics can be very useful by helping us make better, informed decisions. Take a look at the statistics for Tucson, AZ residential real estate last month. The average sales price and the median sale price have both increased. Tucson, AZ is a great place to invest in your future by purchasing a home. It's also an excellent place for investors and 2nd home purchasers. If you already own property in Tucson, call for a FREE valuation of your property as well as a market analysis. Perhaps it's a good time for an upgrade or downgrade?
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