The Biggest Credit Mistake You Can Make

                          

The biggest credit mistake you can make is probably something you'd never expect would have a negative consequence.  So, although it will feel great when you can finally pay off your balance and  tear up that card, there are many reasons to resist the temptation that would remove credit history that can benefit your credit.  Should you still feel you must, there are ways to do it that will minimize the damage in this MSN Money article.

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Getting a Mortgage After Foreclosure - MSN Real Estate

Getting a mortgage after you have gone through a short sale, bankruptcy or foreclosure will be challenging, but it's not impossible.

Getting a mortgage after foreclosure - MSN Real Estate

 

 

The Versatile Home Cleaner You Keep in Your Pantry

We're all aware that aside from its use as a baking ingredient, baking soda can also be used as a non-toxic natural cleanser. But I bet you'll be surprised to find out just how versatile a produce it really is.  After reading this article, it will be pretty clear that banking soda can out-shine many of the more expensive cleansers on the market today.  It's all natural, and it's probably in your pantry right now.

Baking Soda: The Amazing All-Natural Cleanser You Already Own

Kitchen ideas, bathroom ideas, and more ∨

Hire an decorator to find that just-right sofa couch and cocktail table for your living room.
Work with a home decorator when choosing area rugs or hanging new window blinds in your home.

 

I Can Help You Price Your Home Correctly

 

Kayaking the Shallotte River

      In January, my husband and I rented a house in the Florida Keys right on the Gulf of Mexico for a week.  The home was a big splurge for us, but well deserved since I had not been on vacation for 2 years.  The home came with two kayaks for guests, and Hank and I very much enjoyed tooling around in the calm, beautiful waters outside the home. I think it was right then and there that my husband decided he had to have a kayak.  Hank is a man who likes to enjoy life...and he has the toys to prove it!        
     Once back home in Shallotte, NC, everyday Hank was on the computer, researching the different types, specifications and prices.  Let's say, when he wants something, he just doesn't stop until he gets it and for three months there was not a day that went by that Hank did not mention the word kayak!  That's what he does, he wears me down.  Sound familiar???
  "Kayaking would be something we could do together", he said - that's always important.   It would also be a form of exercise that we would actually enjoy doing because we'd be doing it on the water - something we love.  Another big plus, as far as I was concerned, was that kayaks don't have motors so they can't break down, they do not require a registration or insurance, or gas for that matter -  all good things,  I agreed to the purchase!  
     As mentioned, Hank had spent the last 3 months researching the subject (he's retired and has too much time on his hands) and was ready to go as soon as I said the word. We made the purchase which was a bit hefty for my taste, but I must say, I am loving it.  We got the kayaks in May and have gone for rides in the Intracoastal Waterway a couple of times.  While that was a lot of fun, dealing with the tide and currents, and the wakes from boats and jet skis speeding by, was a little challenging but I didn't mind that too much - it was a good workout.

Hank on the Shallotte River

      What I really enjoy, though, is kayaking the Shallotte River.  There is something about being able to navigate the small river streams where only fish can go that is so exciting, yet so relaxing.  We fished the river and although we had no luck, we had a spectacular time.  In the kayak, everything is at your fingertips - it has to be.  So when I wanted to fish in a spot for awhile, I just reached for my little anchor and dropped it in; cast my fishing pole and hoped for a bite.  I saw fish jumping around me, egrets and herons in the marsh grass and I know I want to go back and really try to get proficient at it...and maybe even catch some fish!

Effects of the Increase in Mortgage Rates

Mortgage interest rates are on the rise, says Lawrence Yun, chief economist of the National Association of REALTORS, who expects them to near 5 percent by mid-2014 and higher in 2015.  The increase in  interest rates will neutralize the number of home buyers with sufficient annual income able to purchase a home.  But in our economy, when one avenue closes, usually another one opens.

Mr.Yun says that one factor that can mitigate the negative effects of rising rates is a return to more normal underwriting standards which would increase the number of mortgage applicants that qualify for a loan. In fact, he says, in the last few months there is some evidence that mortgage lenders have eased up a bit resulting in 15-20% more households  that qualify for financing.  Where previously a 760-770 credit score was mandatory for conventional loans, 720 credit scores are now acceptable.  And FHA loan credit score requirements are down to 660 from previous 680-700.  As a real estate agent, it seemed to me that the super high credit scores were a little unrealistic, especially when you witnessed how minor events would significantly impact applicants' scores. While I understand the reason for it, I would be happy to see an easing to a more realistic number.

Sustained job growth in the country is another factor that will empower households and strengthen the housing market.  In addition, as Fannie Mae and Freddie Mac's performance continues to improve, it should enable them to satisfy their obligation to repay taxpayer bail-out funds and begin to reduce the loan fees put in place to help them recover their previous losses.

Yes, I Am Living My Dream!

Yes, I am living my dream!  I moved to Brunswick County, NC - Shallotte to be exact - in 2004 from Orange County, NY in the Hudson Valley.  I never thought I would leave upstate NY because, well, the state seemed to have everything to me. But when the company I was working for announced they were packing up and moving to California and offering early retirement for those 50 years or older, my plans for retirement were suddenly pushed up. 

Coincidentally, my husband and I had been to Coastal Brunswick County the week before I got the news my company was moving.  We were looking for a home that we could retire to in about 5 years or so, as the tax situation in NY would make it financially impossible to stay there.  We had checked out the area previously when we visited some friends who had already moved to Shallotte.  The area seemed similar to Orange County, but had the extra added bonus of the ocean and the beach.  I had always dreamed of living near the beach and now, it seemed, my dreams were coming true.



This tidal marsh is part of the Shallotte River and is in my backyard along with all the amazingly beautiful wildlife that goes with it.



My husband and I found a home in a quiet subdivision where each house was different from the next.  My house sat on a curve in the road,  and the back yard was on a tidal marsh on the Shallotte River.  We were sold on the way the small home sat majestically on the hill and the beautiful view in the back yard and put an offer on it.  The offer was accepted about the same time I learned I would no longer have a job, so the timing seemed right to make the move.

Since our decision to retire to Brunswick County in Coastal North Carolina, my life has been very different.  For one, I got the smile back on my face!  I have great neighbors who are there when you need them and who always look out for one another.  We have neighborhood parties for every holiday.  In someone's yard, we make a bonfire, everyone brings food and drink, we dance and sing and have just so much fun.  When the men catch fish, we have a fish fry to enjoy the fresh catch.  On weekends, we kayak or jet ski and all hang out on an island across the Waterway from the mainland, and enjoy the sights, the sand. the sun and each other. We appreciate our wonderful way of life and if it sounds like I am living my dream, I would have to say an emphatic Yes I Am!   And you should do the same.

Weekends with the neighbors on Monk Island on the Intracoastal Waterway