April 2010 Newsletter Here’s What’s Happening in Hearthstone

All of these are 4 bedroom, 2 1/2 bath unless stated otherwise
ACTIVE: 4870 Green Heather Ct. - an Aquetong , great back yard, mature trees, partially fin.bsmt. $432,500 for 24 days.
3853 W. Brandon Way - a Creamery, fireplace, finished basement, a SHORT SALE. Listed at $429,900 for 79 days.
3967 Liz Circle - extra 1/2 bath in full finished basement, granite, wet bar. Listed for $459,000. Reduced to $449,000 for 87 days.
4976 Melissa Ct - a Creamery, new water heater, fireplace, unfinished basement. Listed at $485,000 for 87 days.
3696 W Brandon Way - .83 Acres, finished basement, fireplace, deck, backs to woods. Listed at $549,900 for 94 days.
PENDING: 3683 Seneca Ct. - a completely re-done Creamery. New high-end kitchen, full stone front, granite, stainless, finished basement w/powder room and great bar, expensive deck and fabulous lot! Was asking $569,000—under agreement in 9 days.
SOLD: 5040 Jennifer - hardwoods, in-ground pool. Was Asking $499,900. Reduced to $484,900 and sold for in 130 days.
3955 Liz Circle - fireplace, granite, tile floor, hardwoods, new carpets, fin. bsmt, EP Henry patio. Pending at $474,500 for 19 days.

In Cold Spring Hunt:
ACTIVE: 4965 Grundy Way - a Glenfield, 4 bdrms, 2 1/2 baths. A Gutner Team Listing. Hardwoods, granite, back staircase, fireplace, screened sun room, in-ground pool asking $582,500.


5020 Mead Dr. - an Eaton in perfect condition! 2full, 2 half Baths, finished basement, granite, greenhouse. A Gutner Team Listing $519,900.


4814 Mead Dr. - a Belmont with finished walk-out basement and large, flat yard with lots of privacy, stainless kitchen, corian, shadow box moldings. A Gutner Team Listing. $534,900.



4010 Hunt Dr. - a Columbia w/upgraded culinary kitchen, hardwoods through first and second floor, 2 story family room and Jack-n-Jill bath. Asking $579,900.
PENDING: 4953 Mead Dr. - 4 bdrms, 3 1/2 baths, white cabinets, granite, fireplace, media room, finished basement asking $575,000. Rreduced to $524,900 for 81Days.


Once again, I am receiving letters at home from attorneys who would like to help me lower the assessment on my house, thus lowering our taxes. And they charge 50% of what they save you!!! As you know, we helped 288 people last year lower their assessments FOR FREE! WE will be helping people again this year and ask only that you send us AN EMAIL to jeri@gutner.com with your name, address, model and improvements. We will begin the process and get back to you with what you have to do. Many of your neighbors saved several thousand dollars so don’t hesitate to act!

Roof Repairs:
Take a good look around the ceilings of your second floors. Your homes are at an age when the neoprene collar around the vent stacks starts to go. It’s really only a little rubber O ring, but with the sun it cracks and breaks. Not a bad idea to have a roofer take a look at it if your house is 10+ years old. Call me if you need help!


BUILDER Magazine’s Top 10 Elements of Style for 2010
Let’s not call them “trends” because trends come and go. Builders try to design homes that will last for generations. Builders are paying attention to Consumers who now desire less maintenance and more free time. Here’s the top ten design areas that builders agree on this year.

1. Standard height of 9 feet on first floor and a shift away from the two story great room to more effective use of second-floor space.
2. Low-maintenance/no-maintenance materials, especially on exteriors. Ceramic tile and stone floors, brick exteriors, and metal trim instead of wood on the outside are just a few examples.
3. Larger laundry rooms and mud rooms.
4. Natural materials are important on the interior—hardwoods, granite. Classic is here to stay.
5. “Me” spaces. Quiet corners and cubby holes to escape everyone, a computer niche, a junk room, a chair with a bookshelf.
6. Decline of the living room and increase in “special” rooms, such as home offices and media rooms. As houses get smaller there just isn’t room for a place you only visit to dust. It will still exist in many builders homes but it will not be a “formal” room.
7. Technology advances. Builders agree that they need to offer pre-wiring for an abundance of amenities, like Ethernet, surround sound, stereo equipment. Keyless entries, computerized security systems, advanced lighting controls, etc.
8. Outdoors for entertaining. Builders are paying attention to the back yards. Covered areas with full kitchens, home theaters, sleeping porches and dining rooms are popular. Decks and patios are still strong, but a screened porch is more popular.
9. Mixed products on the same street. Smart-growth initiatives are promoting design plans for master neighborhoods that mix singles, townhouses and condo’s.
10. Rear-loaded homes. As lots get smaller, garages are going out back or across an alley, saving the front of the home for porches. Remember your parents home, drive up the driveway and the garage is hidden back there. It’s back!



Need Help With “Stuff” around the House?
People I can’t live without:
My Painter, HVAC guy,
My Second Husband (our handyman)
My Decorator
My Tree Guy
My Plumber and My Roofer
Need a referral? Call Us!
If you are planning to put your home on the market in the next 6 to 8 months,
it’s not too early to start talking to us!


Attic Ventilation

Attic areas can hold substantial amounts of moist air. In the summer it is very hot and humid in the attic, however, in the winter it can be more humid causing a fair amount of problems.
1. The roof is roughly 1/2” away from blistering shingles.
2. As heat in the house rises, it gets trapped in the attic acting as a hat for the entire home.
By having good ventilation the hot air would be removed drawing in relatively cooler air. Insufficient air movement in the attic doesn’t allow the heat from the second floor to go anywhere. Hi temps and humidity will delaminate the roof sheathing, excessively dry out the roof framing and cause an earlier need to replace.

There are many ways to vent an attic; fans, ridge vents, gable end vents. The important thing is that it IS ventilated which will save you repairs and heating/cooling bills.

How to Save on Homeowners Insurance

1. Don’t shop on the internet. It is impossible to compare apples to apples.
2. Raise your deductible. A $1,000 deductible can save you as much as 25%.
3. Ask whomever is quoting how they figure the cost of the land into house coverage. Land doesn’t burn or blow away.
4. Buy your home and auto policies from the same company.
5. Ask what you can do to lower your costs by reducing risk.
6. Improve your home security w/alarms w/monitoring station.
7. If you’re at least 55 years old and retired or work from home, insurance companies love homebodies. They maintain their homes and are quick to spot problems.
8. Maintain good credit. It’s the first thing they look at.
9. Stay with the same insurer and if you ASK your loyalty will be rewarded with a discount.
10. Review your coverage and policy and coverage every year.

AND MOST IMPORTANTLY -
BE SURE YOU HAVE SUMP PUMP COVERAGE!!!
Remember!!! We work with ALL national Relocation Companies and while they may tell you that you have to work with their selections, that is NOT the case!

March 2010 Newsletter Here’s What’s Happening in Hearthstone
All of these are 4 bedroom, 2 1/2 bath unless stated otherwise

ACTIVE: Last month there were no actives and we told you it was a great month to list with no competition. This month there are 6 active listings.
3853 W. Brandon Way: A Creamery ,fireplace, finished basement, a possible SHORT SALE Listed at $429,900 for 28 days
3967 Liz Circle: extra 1/2 bath in full finished basement, granite, wet bar, Listed for $459,000. Reduced to $449,000 for 36 days.
3955 Liz Circle : Fireplace, Granite, tile floor, hardwoods, new carpets, Fin Bsmt, Ep Henry patio. Listed at $474,500 for 3 days
4976 Melissa Ct: a Creamery, new water heater, fireplace, unfinished basement. Listed at $485,000 for 36 days.
3696 W Brandon Way: .83 Acres, Finished basement, fireplace, Deck, backs to woods. Listed at $549,900 for 4 days
PENDING: : 5040 Jennifer, hardwoods, in-ground pool. Was Asking $499,900 Reduced to $484,900 for 130 days.
SOLD: 5046 Rosewood, A Creamery, first floor study, 2 story family room, finished basement. Listed at $499,900 sold for $480,000 after 102 days.
Are we at the “bottom” yet?
Hmmm. Probably not. Let’s take a home in a development in Buckingham and analyze that.
In 1994 it was purchased new from the builder for $222,000. With “typical” appreciation of 4% per year that house should have been worth $303,822 in 2002. Nice appreciation, right? But it sold for $420,000!
Today, with “typical” appreciation of 4% per year that house should be worth $415,801 but that house would sell today somewhere around $490,000. At 4% appreciation, it won’t be at $490,000 until 2014 which tells us that our prices will be stagnant for some time. So? Are we at the bottom? It depends on how many short sales and foreclosures come our way.
We’ve been pretty lucky so far, however I know of several homes that are empty, not on the market yet, and owned by a bank. But savvy buyers know that this is the time to buy and homes ARE selling. Interest rates are GREAT and prices are GREAT! This is an unusual time where prices are low and interest rates are low. Something is going to break and our guess is that interest rates will start their climb. Inventory is already lower than last year where some neighborhoods had 10 to 15 homes for sale. We’re very optimistic about this spring! If, however, you are in trouble . . . We are working with a Short Sale Expert and would be happy to hook you up with him. Don’t go into foreclosure! It ruins you for years and years.


Computer and Electronics Recycling Day:
Drop off all your old computer & electronic equipment & help save our Earth! Proceeds to Benefit: A Family of God Lutheran Church, 4770 Route 202, Buckingham, 413 So. To Left on 202, Left into Church parking lot.
Sunday, April 11th, 9AM to 1PM. Items accepted include: Laptop Computers; Printers & Fax Machines; Televisions ($20.00 fee); Batteries (lead acid); Computer parts; Air Conditioners ($20.00 fee); Desktop Computers; DVD Players, VCR’s; Computer Monitors ($5.00 fee); Stereos and Speakers; Cables/Cords; Small Appliances; Dehumidifiers ($10.00 fee); Electronic Toys. All proceeds go to sending kids to camp for week where they will repair homes for the less fortunate. The amounts listed above are not mandatory, but suggested.


What’s Hot?
Well, according to the National Association of Home Builders decking out the kitchen makes the whole home more saleable. Kitchen designs, they say, translates to dollars.
1. “Blue is the new green”. Soft blues are catching on with consumers looking at home as a refuge. It’s calming and clean. Gray is an increasingly popular and pumpkin-orange is great for younger buyers!
2. Now that you’ve stripped all that wallpaper, it’s bAAAck! But large-scale prints and only on an accent wall.
3. Cabinets have gone through oak and maple phases: Now they’re showing up in painted white finishes.
4. The average newly built single home shrank from 2.520 square feet to 2,480 but priorities changed to price, energy and organization. Very high on the list was a kitchen big enough for the whole family to dine—-67% surveyed said they wanted space for a table, as opposed to chairs at a counter. 62% wanted a kitchen that functioned as a family gathering place. Walk-in pantries are highly desirable and a “family foyer” gets top marks—not at the front of the house but by the garage—space for backpacks, coats, boots, etc.
5. And granite . . . “it’s almost a starter-home feature” says a kitchen designer. While it has moved off of the list of “musts” and been replaced by various energy-saving features, buyers expect it.

Need Help With “Stuff” around the House?
People I can’t live without:
My Painter, HVAC guy,
My Second Husband (our handyman)
My Decorator
My Tree Guy
My Plumber and My Roofer
Need a referral? Call Us!
If you are planning to put your home on the market in the next 6 to 8 months,
it’s not too early to start talking to us!

Top Budget Friendly Improvements:
1. Conquer Clutter—Whenever we have sellers get rid of their clutter, they think the house doesn’t look like their home. DUH! That’s the idea. We want people looking at space as theirs, not yours
2. Top Energy Efficient Project: Add Insulation
3. Top Outdoor Structures Project: Add a fence
4. Top Big Ticket Project: Finish the basement
5. Top Home Exterior Project: Repair Gutters
6. Top Outdoor Living Project: Add Outdoor Lighting
7. Top Landscaping Project: Make it look neat, tidy and easy to care for.
8. Top Storage and Organization Project: Maximize and Organize Storage Space
9. Top Bathroom Project: Refresh Fixtures
10. Top Kitchen Project: Upgrade Appliances.


10 Things EVERY Remodeling Contract Should Include:
1. The Contractor’s name, address, phone number, and license #
2. DETAILS on what the contractor will and WILL NOT do
3. A list of materials. Size, color, model, brand name and product
4. All required plans. Assure accuracy. Insist that you approve them and that they are identified in your written contract before any work begins.
5. Written notice of right to, without penalty, cancel within 3 days of signing. It’s the law.
6. The approximate start date and completion date.
7. Financial terms, spelled out—Total price, payment schedule, and any cancellation or “change” fees.
8. A binding arbitration clause, which you’ll need in the event of any disagreements. Arbitration may enable you to resolve disputes without costly litigation.
9. Everything you’ve requested. Make sure all items you’ve requested are included. If you do not see a specific item in the contract, consider it not included. NEVER sign an incomplete contract.
10. A warranty covering materials and workmanship for a minimum of one year and should be identified as full or limited. The name and address of the party who will honor the warranty (contractor, distributor, or manufacturer must be identified. Make sure the time period for the warranty is specified.

Should you Make Bi-Weekly Payments on Your Mortgage?
With biweekly payments, you pay half of the monthly mortgage payment every 2 weeks, rather than the full balance once a month. This is comparable to 13 monthly payments a year, which can result in faster payoff and lower overall interest costs. For example, the biweekly mortgage payment process can pay off a $200,000 30 year fixed loan at 7% in approximately 24 years (75 months sooner than a standard payment plan), with a total of $68,925 in interest savings.
Your lender might offer several biweekly payment options, where you make a payment that equals half of your normal monthly payment every two weeks. There is a considerable difference between different payment plans, so you should check with the lender to find out how they will treat your biweekly payments, exactly.
What most borrowers get when they convert their loan from monthly to biweekly payments is a pseudo biweekly (or standard biweekly) payment plan. On the pseudo biweekly, the biweekly payments are credited to an account managed by your lender. Once a month, as with standard payments, the monthly payments are made out of that account. The excess amount accumulated in the account by the end of each year is equal to a full monthly payment. At this point your lender makes a double payment.
In order to set up a true biweekly (or simple interest biweekly) payment schedule, you must have a lender that will immediately credit each 1/2 monthly payment upon receipt. The lender must calculate interest for two-week intervals and apply the biweekly payments less the interest to reduce principal every two weeks. Check with your mortgage holder—This is GREAT!