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REAL
ESTATE NEWS
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GENERAL REAL ESTATE NEWS AND VIEWS
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FIRST IMPRESSIONS |
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When it comes to your home, first
impressions are everything. Buyers will
drive by and make an instant decision on
whether they want to step inside.
The exterior of your home, in conjunction
with the landscaping, has the ability to
make or break the first appearance. Just as
important as accessories are to completing
an outfit, the perfect front door can
instantly increase the curb appeal of your
home.
To gain the viewpoint of the potential
Buyer, walk across from the front of your
home and give it a critical look. Is there
something that is less than appealing? Does
it look neat, clean and most of all,
inviting? Take notes and decide where your
improvement dollars might be best spent.
Whether you replace your front door, or
spruce up the one you now have, the
improvement will be noticeable. You will get
your share of positive comments from friends
and neighbors about how handsome the house
looks.
Depending on your home's exterior finishing,
you might consider painting the door a color
that complements the color of the trim,
rather than matching it. Consult a color
wheel, and consider the colors located
adjacent to the trim color, or directly
opposite. Red, purple, or green front doors
are not uncommon today.
The door is a relatively small space,
considering the expanse of the front of most
homes, so you can choose an unconventional
color for the door and not have it overwhelm
the facade. And because of the small area of
the door, it can be easily repainted if you
change your mind. Some experts have reported
that a yellow door adds immediate impact and
clearly says, 'Welcome.'
If you have a solid wood door, consider
refinishing it. If the wood is particularly
beautiful or interesting, you can simply oil
or seal it to show off the grain. Talk to
someone at the paint store or the home
improvement store about the best way to
enhance the appearance of your wood door and
protect it against the elements.
You can also freshen up the entrance by
polishing or replacing the hardware on the
door. If the doorknob, lock, and kick plate
are shabby, buy new ones. Measure what you
have before you go shopping.
New doors range in price from about $100 for
a steel door off the rack at the home
improvement store to a custom designed wood
door, which can cost thousands. Because of
durability and affordability, steel doors
are very popular. Steel holds up to the
elements better than wood, which can expand
and crack after a few years' exposure to sun
and rain.
A steel door must be painted regularly to
prevent rust. If you are feeling artsy, you
can apply a gel coating to a steel door and
use a graining tool to create a faux wood
finish. Some steel doors include decorative
glass and cost a bit more but they add
unique style.
Fiberglass doors are popular for special
orders. Special order fiberglass doors cost
a little more than twice what you would
expect to pay for a steel door. Fiberglass
doors do not dent or chip, and are
impervious to the weather.
Steel and fiberglass top the list of popular
door choices, but wood doors continue to do
well. Wood surfaces must be refinished and
varnished every few years, depending on how
much they are exposed to the elements.
Mahogany is a popular choice, especially in
wet or humid climates, because it does not
expand or contract much. Oak is an excellent
wood for a front door but is very hard and
does not accept paint well. Keep this in
mind should you decide to paint it later
on.
Consider whether your home is stucco,
siding, or brick, and note the interesting
architectural details. Your front door
should enhance the existing elements, not
compete with them. Newer homes with cleaner
exterior lines can take on an elaborate
door, though the design should be in keeping
with the home's size and style. New stock
doors give you dozens of options, while a
custom door is often the focal point of the
property. Whether you paint, refinish, or
replace the door, freshening up the entrance
is sure to enhance your home's curb appeal.
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DEFINITION OF THE WEEK: TUDOR
REVIVAL
The high-style Tudor Revival house of the late 19th and
early 20th centuries was derived primarily from the English
Renaissance buildings of the 16th and early 17th centuries,
including those of the Elizabethan and Jacobean periods. The
architecture features steeply pitched roofs, one or more
intersecting gables, and decorative, rather than structural,
half-timbering, and long rows of casement windows.
Good Deductions
Homeownership
offers numerous tax benefits. Filers can
deduct the points they paid when they
purchased their residence or refinanced
their mortgage, and they do not have to pay
taxes on $250,000 to $500,000 of the sale
profits - depending on marital status - if
they lived in the home for two of the last
five years.
Homeowners can also deduct mortgage
interest; property taxes; prepayment
penalties; and interest paid on home-equity
loans if the money was used for renovations,
new construction, or home purchases.
Homeowners must understand, however, that
their interest deductions will be smaller if
they refinanced to a lower rate in the last
year.
To facilitate the filing process,
homeowners should keep their closing
statements, usually called the HUD-1
statement, in a safe and accessible place
for reference during the current and future
tax years. |
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Air It Out
While none of the
50 states requires home sellers to notify
prospective buyers that they smoked inside a
property that is now on the market, the
lingering odor and residue from tobacco use
are a dead giveaway for sensitive
house-hunters.
While it likely will still sell
eventually, real estate agents say that a
residence where smoking was habitual will
remain on the market longer than other
properties and may not fetch the best price.
In fact, some homebuyers will not consider
such properties at all - especially since it
can be expensive to rid a home of smoke odor
and residue.
The expenditure may well be worth the
cost, however, for sellers who want to
command top price for their home -
particularly if it is an newer property,
which is sealed tighter and thus allows the
smell of tobacco to cling.
To remediate a house affected by tobacco
use, the fee charged by professionals to
erase the smell - via repainting, shampooing
the carpets, deodorizing, and washing the
walls with an oxidizing solution, to name a
few techniques - can range from $1,500 for
smaller jobs to as much as $10,000 for
extensive cleanups. Even after they have
tackled the job, however, cleaners cannot
and do not offer any guarantee that all
harmful residues and pollutants are scrubbed
away even when the odor has been eliminated.
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100 best
places to live and launch

Population:
167,255
Pro: Strong tourism industry
Con: This region has been hit hard by the
subprime
lending fiasco
Fort Lauderdale has been trying for decades to convince the
public that it's not a hub for raucous co-eds on spring
break, but, rather, a nice place for families and for
business - and it's a valid point.
Sure, the real-estate downturn brought on by subprime
lending has taken its toll on the economy, but Fort
Lauderdale has felt less impact than the regions in and
around Miami. The hottest businesses here are a reflection
of the subtropical climate and locale. Pleasure-boat
construction and services are a major sector, while the
tourism industry, in general, stays strong, thanks in large
part to the Canadians and Europeans attracted to the weak
dollar. What's more, a 600,000-square-foot convention center
plays host to trade shows that bring a variety of industrial
leaders from all over the country in contact with local
businesses.
Besides the usual pleasures to be expected from a city by
the sea (sun, surf, sailing, and swimming), Fort Lauderdale
offers a lively downtown, with museums, galleries, live
music, theater and fine restaurants. And for sports-crazed
fans, there are no less than seven pro teams to root for in
the surrounding area. -Peter Galuszka
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