Is Home Buying a Safe 2013 Investment?

No one knows the future, but it appears to even the most negative advisers that housing has bottomed and is headed toward better days. The last statistics show that homes are now appreciating. Of course Real Estate is local, but we see that here also. The bottom line is that housing markets depend on Jobs and other economic factors.  

If you compare buying with renting, buying is winning out in almost every calculation now. It is hard to beat low prices with low interest rates. 

And guess what?

We can help you make that purchase. Just email me at George.Margrave@migonline.com or call (615) 777-4663!

Chill Out with Ceiling Fans

In 24 hours, a standard central air conditioning unit can burn through a great deal of electricity. In the same amount of time a ceiling fan’s electric expense is less than a dime. Running a ceiling fan at medium speed for three hours costs just a penny! In fact, most ceiling fans only use about as much power as a 100W light bulb.


Air conditioning accounts for more than 15 percent of the energy use of the average home. Using ceiling fans—especially during hot summer months—can conserve energy and save money.


The spin on savings.  Fans work like wind chill: they help your body stay more comfortable in higher temperatures. Using fans to stay cool in the summer allows you to set your home thermostat higher without sacrificing comfort, allowing you to save up to 40% on cooling costs.



Installing and maintaining.  Ceiling fans are relatively inexpensive (some models sell for less than $50). Many homeowners find fan installation an easy DIY project, especially if an electric ceiling box is already present. For maximum energy savings, be sure to keep your fans in good working order by cleaning the blades regularly. You can also eliminate wobbling and squeaking by keeping your fan well oiled and balanced. Then, sit back and enjoy the breeze!


Fan smarts.

• Ceiling fans will only cool you, not the room, so don’t leave fans running in empty rooms.

• In the summer, make sure fan blades are turning counterclockwise, which will circulate cool air downward.

• Fans will only save you money if you set your thermostat higher as a result of fan use. Running ceiling fans and the air conditioner at full blast will only increase your energy bills.


Want even more information on how your ceiling fan can save you money? ENERGY STAR has great advice that can help you with just that.



From American Home Shield.  If you would like to get more information about buying a home, please contact me at 615-777-4663 or contact me via email at george.margrave@migonline.com

HUD $100 Down Homes

HUD is offering their foreclosed homes for $100 down until October 2012:

 

• Here is the deal
• It is only for HUD foreclosed properties
• You must use a HUD registered real estate broker or agent (If you need a referral we can help)
• You must qualify for and use FHA financing 
• You must be an “owner occupant”
• The $100 down payment program must be on the executed contract (specifically requested)
• HUD will pay up to 3% for closing costs
• 203K loans are eligible
• The homes are sold in “as is” condition

Please contact us if you have more questions George or Stephanie at 777-4663 (HOME) or email at George.Margrave@migonline.com or Stephanie.Holland@migonline.com .