Diane Minguez
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RE/MAX 440   Diane Minguez
1110 North Broad Street  Lansdale, PA  19446
Office Phone: 215-362-2260    Phone: 267-575-6818  Fax: 267-354-6882  Cell: 267-575-6818

My Blog

Screening the Options for a New HDTV

November 29, 2012 2:46 am

(Family Features) If a shiny, new high-definition TV is at the top of your loved one’s wish list this holiday season, you may be realizing that shopping for a television is much more complicated than it used to be. Today’s models boast a wide range of features and options that can make selecting just the right model an overwhelming proposition. Follow these shopping tips and before you know it, the only challenge left will be how to wrap that oversized box and fit it under the tree.

Size it Up…or Not. Many buyers are tempted to upgrade not only functions and features, but also size when they’re in the market for a new HDTV. But purchasing a model that overwhelms a small room can be an unnecessarily costly mistake. On the flip side, too small a TV in a big space will leave viewers wishing for more.

Understand the Options. Whether you need a plasma, LED or LCD unit depends entirely on your viewing habits and environment. Plasma TVs are best for low-light viewing, offer the widest viewing angles and are ideal for high-action viewing such as sporting events. With greater energy efficiency and a sleeker look, LEDs also are appropriate for diverse lighting situations. A broad selection of sizes makes LCD TVs a good option, particularly for well-lit spaces.

Make the Smart Choice. Similar to smart phones, smart TVs integrate the Internet with familiar technology to create a richer media experience. Although they can be used to watch regular programming, smart TVs are generally geared toward viewers who want a highly interactive experience with entertainment features such as streaming video or music and other online content.

Accessorize. Though most newer model HDTVs come with plenty of bells and whistles, remember that some attractive options may come in the form of add-on accessories. For example, a reliable DVR will help capture hours of programming to watch on that new TV. Some models let you record up to five shows at a time, with plenty of memory capacity that serves up to eight TVs throughout the house.

Define Your Needs. You’ve seen HDTVs advertised as 720p or 1080p — but what does that mean exactly? These numbers refer to the unit’s vertical resolution, or number of visible lines, which impacts overall picture quality. Generally, the greater the resolution, the better the picture. But 720p HDTVs can be a more cost-effective choice, and the majority of broadcast programming is not yet available in 1080p.

Consider these factors while shopping for a new HDTV. It just might be the best holiday gift you give this season.

Source: DirecTV

Published with permission from RISMedia.


The Top 5 Mistakes Buyers Make

November 29, 2012 2:46 am

So you're ready to meet the challenge of buying a new home? With some common-sense planning, you can avoid these five common buyer mistakes and steer yourself towards success:

1. Impulse buying. In order to skip this mistake, do some serious research on your specific needs. For example, how do the local schools rate? Are there parks or recreation facilities that fit your needs? Can you tolerate the traffic? Is there sufficient shopping? In other words, rate areas in terms of what is important to you personally. You might find your "dream house" only to discover that resales are terrible, the schools are abysmal, traffic is a nightmare, or that aircraft patterns go right over the front yard. Bottom line – make your dream home earn its stripes. Before you commit to a long term relationship, make certain you are compatible.

2. Not setting any limits. Don't make the classic mistake of buying into more than you can afford. Needless to say, your first responsibility is to pay for your mortgage, taxes, and insurance. If you're set on upgrades or remodeling, can you fit them into your budget? What about furnishings? Can you afford the extra furniture for those extra bedrooms or for that huge new living room? And what about utilities? Those cathedral ceilings are breathtaking, but have you considered the additional energy costs?

3. Not getting pre-approved for a mortgage. Speaking of monthly payments, most experts consider it crucial for buyers to seek pre-approval from a lender before even looking to purchase. While pre-approval does not necessarily mean you are approved for a loan, at the very least it establishes precisely what you can afford. Once you're armed with that information, you can avoid the heartbreak of finding the perfect home only to discover that it's beyond your reach. In addition, pre-approval substantially improves your status as a buyer in the eyes of a seller.

4. Not working with professionals. So, you've found a lender. Now you need to complete your professional support team. Too many buyers believe they can do this on their own, and they disregard professional input. Avoid a nightmare later by assembling a group of professionals who will suit your needs, represent you, and whose expertise you respect. Begin your search with a buyer's agent. Resist the urge to call the number on the For Sale sign. The seller's agent works for the seller. You need an agent who will work on your behalf and negotiate with your interests in mind. Will you need a real estate attorney? It's a good idea to find a suitable lawyer as your search begins, rather than in the midst of it. To say that real estate documents are confusing is an understatement. A real estate attorney is best suited to protect you from unexpected terms or surprises when it's time to sign on the dotted line. And what about a home inspector? Which brings us to the next mistake…

5. Cutting corners on the home inspection. Lenders require a home inspection before they will approve a loan, but the bank generally pays for only standard home inspections that cover structural components such as walls, support, electrical and piping. Buyers are wise to pay for more thorough inspections to include roof integrity, sewage or leaks. A minor investment with your own inspector is a small price to pay in exchange for enormous deficiencies later.

Ultimately, with smart planning and a realistic approach to home buying, you really can enjoy the dream of owning your perfect home.

Source: RealtyPin

Published with permission from RISMedia.


Get More Value out of Your Game Day Party

November 28, 2012 2:44 am

(Family Features) No matter what your favorite sport is, when you host the watch party you need to be on your A-game. But, like many people, you don’t want to break the bank on food to entertain. In fact, 90 percent of people look for deals to get more value when making food purchases.

Here are a few tips for hosting a winning game day party on a budget:

Go Big – Grab some savings when you buy in bulk. Look for party-sized packages of your favorite chips, dips, pretzels and nuts. You can stock up on bulk beverages and desserts, too, saving you time and money.

Count on Teamwork – Have each of your guests bring a favorite snack or dish to share with everyone. To make sure you don’t have too many of the same dishes, assign different categories to people – one to bring chili, another to bring chips and dip, etc. For those that don’t cook, let them bring drinks, ice or paper goods.

Keep it Simple – Pizza is always a game-time favorite – but ordering carry-out or delivery pizza can get pricey and time-consuming. According to the same national survey, nearly two-thirds of consumers (65 percent) prefer the convenience and quick-preparedness of frozen foods versus ordering out or having food delivered. You can often get more pizza for your money.

DIY to Save – Deli and veggie trays from the grocery store can be expensive. You can make your own and save more money. Choose a variety of items you know your guests will eat. You can wash and cut produce a day or two before the party and just store them in the fridge until party time.

Don’t Trash It – When you skip disposable plates, utensils and cups, you not only save money, but you also cut down on the amount of trash you have to deal with when the party’s over. Use the dishes you have, even if they don’t match. If you’re having a large party and don’t have enough dishes, borrow some from friends.

It’s easier than you think to host a game-day party that doesn’t cost a fortune. A little planning and some smart shopping means you can enjoy the big game and all the delicious fun that goes with it.

Source: DiGiorno

Published with permission from RISMedia.


Holiday Travel and Home Plumbing Tips to Avoid Costly Problems

November 28, 2012 2:44 am

When pipes freeze, water pressure builds causing cracks, whether the pipe is made of plastic, copper or steel. Even a tiny crack can unleash 250 gallons of water in a single day. Cracked pipes are one thing, but the real problem comes when the pipes begin to unfreeze. If you're planning on traveling for the holiday season, take the proper steps to ensure your home's plumbing system will survive the cold and your house is protected from disaster.

• Make sure your furnace is set no lower than 55 degrees while you're away and throughout the winter to prevent pipes from freezing.
• Turn up the water heater slightly to retain hot water. Do not exceed 125°F.
• Insulate pipes in unheated areas. Apply heat tape or thermostat-controlled heat cables around exposed pipes.
• You can shut off the washing machine water valve supply to save on your bill.
• There are several places you can check for leaks that will save water and in some cases prevent potential messes while away including a running toilet and appliance hoses.
• Install a flood detection device that works like a smoke detector setting off an alarm to warn your house-sitter of a potential flood or leak caused by bursting pipes.

If you have a house sitter, leave them instructions for turning off the main water supply to your home, should a problem arise.

Source: Roto-Rooter

Published with permission from RISMedia.


Holiday Decorating 2012: Tips For Hanging Holiday Outdoor Lights

November 28, 2012 2:44 am

The holiday season is fast approaching and if you're hanging up holiday lights, now is the time. With a little pre-planning and helpful advice, what starts as a festive holiday activity should end as a festive holiday activity.

According to the U.S. Consumer Product Safety Commission (CPSC), hospital emergency rooms treat about 12,500 people for injuries from falls, cuts and shocks – all related to holiday lights, decorations and Christmas trees. Thinking about lining the walkway with candles to stay safe? Think again, as the CPSC warns that candles start about 11,600 fires annually resulting in 150 deaths, 1,200 injuries and $173 million in property loss.

To transform an outdoor area into a holiday wonderland as safely and efficiently as possible, try the following:

• Develop a plan. Sketch out a drawing, take before and after pictures and file them away for next year's decor. Having a plan is not only a time saver, but it also eliminates the amount of time spent on the roof or on ladders – a safety hazard for both pros and homeowners, alike.

• Make time. Plan on at least three hours for roof hanging. If it's the first time you're executing a plan, keep it simple. It's easier to add more lights on another day, but get the basic outline complete first.

• Test and retest. Test each strand of lights early and before attempting to hang. Don't test on the fly.

• Use the right stuff. Only use exterior extension cords, and use more than one. A common DIY mistake homeowners make is connecting all of the lighting through the same line and outlet. Doing so can blow fuses and lights.

• Tape it up. Tape up connections so that outdoor elements don't affect the circuitry. For example, exposed extension cords are trip hazards for both homeowners and visitors.

• Use clips. When hanging lights and decorations, use clips, not nails. Clips hold better and don't destroy the home's exterior.

• Never go solo. When mounting roof lights, work in pairs. Have one partner hold the ladder (on hard ground in an area free of small rocks, divets or holes) so that it stays secure. This reduces accidents and gets the job done quicker. And when in doubt, call in the experts. Professional lighting installers can install lights on high peaks and places that typical home ladders can't reach. They can also develop a plan to be implemented season after season.

Oftentimes, less is more. Use an elegant and simple holiday lighting scheme and don't go to extremes. Using too many colors or fixtures can look overbearing and take away from what you are trying to accomplish.

Source: Outdoor Living Perspectives

Published with permission from RISMedia.


Is It Possible to Retire Without a Mortgage to Worry About?

November 27, 2012 2:40 am

It's one thing to commit to a 15- or 30-year mortgage when you're in your 20s or 30s and have a (relatively) stable income. But what about when you're in your 50s and 60s and thinking about retiring? Suddenly, those once-manageable monthly mortgage payments can seem like a massive hurdle. Is it even possible to retire without a mortgage in today's day and age? Before the recession, Baby Boomers were sitting pretty on homes that were just about paid off – and skyrocketing in value. As a result, many of those Baby Boomers used all of that value to their advantage – like taking out second mortgages to help the kids pay for college, or getting home equity loans to pay for brand new gourmet kitchens and spa-like master bathrooms. Unfortunately, the housing bubble burst before many of them got a chance to make up for the cost. In fact, the average American lost 40 percent of his or her net worth during the recession, and those Baby Boomers were no different. As a result, many of them will be unable to have that carefree, mortgage-free retirement they dreamed of.

But what about younger Americans? Even though they have more time to plan, the investment options are slimmer than they were a few years ago – meaning there's not as many opportunities to "close the gaps" on mortgages as there were before. For example, back in the mid-2000s, flipping houses was all the rage. If you had enough for the initial investment, you could make massive sums of money, and relatively quickly, to boot! Today, flipping has started to rise from the ashes, but it's not nearly as popular as it once was. And, until the housing market gets back on its feet, it won't be the quick source of money that it once was.

So, what are your options in today's economy if you want to enjoy your golden years without a mortgage hanging over your head?

1. Increase your monthly payments now.
By paying a little more now, you can get your home loan paid off sooner. If you don't think you have extra money to pay now, think again. Remember, mortgage rates are at all-time lows. Take the money you're saving on interest, and put it towards higher monthly payments. That way, you won't necessarily need to spend more money than you had originally budgeted.

2. Cool it with additional debt.
Just because banks are starting to write more second mortgages and home equity loans again doesn't mean you have to take advantage of them. Instead, find ways to pay for things without taking out a loan. Even if it means cutting back on "fun" spending now, you'll thank yourself later!

3. Don't forget about your retirement savings.
Even if it feels like retirement is still a long way away, it's not. If you don't put money towards your retirement savings now, you're going to regret it later. In fact, make your retirement fund part of your monthly budget – just like your car payment or your grocery bills. That way, it will get the attention it deserves.

As long as you learn to work with the current economic landscape (and adjust your finances accordingly), you may not have to be tied to mortgage payments all throughout your retirement!

Source: RealtyPin

Published with permission from RISMedia.


Holiday Overspending Can Have Long-Term Consequences

November 27, 2012 2:40 am

Millions of consumers have begun their holiday shopping, snagging sale items either in-person or online, and therefore, considering themselves savvy shoppers. At the same time, many lost sight of the fact that regardless of the price, a bargain isn’t a smart purchase if it compromises a person’s overall financial health.

“If there’s one time of the year when people shop with their heart, not their head, it’s the holiday season,” said Gail Cunningham, spokesperson for the National Foundation for Credit Counseling (NFCC). “Emotional spending during the holidays is often the tipping point that pushes people over the edge financially, as common sense can take a backseat during this time of the year.”

To help consumers remain financially responsible during the holidays, the NFCC offers the following five reminders of the long-term consequences of over-spending, some of which can last far after the lights are taken down and the tinsel is packed away.

• Paying additional interest - Adding new debt to an existing debt load, one which cannot be paid in full when the bill arrives, equals paying a larger dollar amount of interest due to the higher outstanding balance. Even worse, when a balance is carried over from month-to-month on an account, interest is paid on the previous months’ interest. People often boast of buying an item on sale, then pay for it over time, thus wiping out any savings.

• Diminished future borrowing power – An increased level of debt could cause lenders to decline applications for new lines of credit or loans. Since no one knows what the future holds, not being in a position to tap into new credit is something to guard against.

• Diminished future buying power – Buying on credit is a contractual agreement to pay the debt later, often with money that has yet to be earned. Using tomorrow’s money for today’s expenses compromises future spending.

• Lower credit score – Excessive debt often leads to paying late, skipping payments, and utilizing too high a percentage of open credit, all of which could lower the all-important credit score. Further, applying for new lines of credit simply to save money on today’s purchase will not only increase the temptation to spend, but will show as an inquiry on the credit report, potentially lowering the score.

• Debt interferes with life - Debt is a 24/7 problem, distracts people from their job and home-life, interrupts sleep and potentially causes marital strife.

“With the economy still on shaky ground and job security not something to be counted on, it makes no sense to self-inflict financial damage this holiday season,” continued Cunningham.

Source: www.DebtAdvice.org

Published with permission from RISMedia.


Five Tips to Rodent-Proof Your Home

November 27, 2012 2:40 am

As the cool temperatures start to settle in for the next few months, homeowners are advised to pest-proof their homes, garages and sheds now, because fall is when most insect and rodent pests seek shelter for the winter months.

With temperatures recently dropping, rodents and other pests tend to move inside structures this time of year to find a warm place to overwinter and breed. A pregnant female mouse can produce an average of eight pups in a litter, and a rat, seven pups on average, and there are typically four to five litters per year. Their gestation period is about a month, so before you know it, one mouse can turn into a major problem for homeowners.

Mice can fit through an opening the size of a dime, so it is important to fix any cracks in and under siding, doors and windows. In addition to warmth, rodents enter homes looking for food and water. They prefer cereals and grains, but will eat just about anything.

As you prepare your home for winter, keep the five following tips in mind:

• Make sure all holes, gaps and cracks larger than 1/4 of an inch are sealed.
• Replace door sweeps and make sure doors and windows close tightly.
• Clean out gutters and install gutter guards to prevent leaves and debris from accumulating.
• Store firewood as far from the home as possible.
• Trim branches, plants and bushes that hang over the home.

Source: Orkin

Published with permission from RISMedia.


Tips for Keeping Homes Safe During The Holiday Season

November 26, 2012 2:40 am

Plumbing and appliance emergencies are the most frequent service requests during the holiday season. Kitchen appliances, chimneys, furnaces and garbage disposals are especially prone to malfunction during the hectic holiday season. HomeAdvisor's Home Improvement Expert and DIY Network host Amy Matthews offers useful tips to help homeowners prepare their homes for the winter season.

"The holidays can be as stressful as they are joyous, especially if an unexpected home repair emergency occurs," said Matthews.

Kitchen Appliances
According to HomeAdvisor, the most frequent home emergency repair in 2012 has been for appliance repairs. Avoid having an emergency situation during a big family feast by thoroughly cleaning your oven and grill and keeping kitchen appliances in tip-top shape. If the oven isn't cleaned properly, homeowners risk the chance of filling their house with smoke and ruining their meal. A professional can inspect top trouble areas and provide insights on repairs or replacements.

Garbage Disposals

Matthews advises that homeowners avoid garbage disposal repairs by never placing coffee grounds, grease, eggshells, bones or potato skins in the disposal. It is also important that homeowners do not overfill their garbage disposal or use chemical drain cleaners to unclog it. It is unlikely that chemical cleaners will work completely and they leave the sink full of toxic liquids.

Chimney and Fireplace
A crackling fire is charming during the holidays, but dirty chimneys can be extremely dangerous and can cause a fire in the home. A professional should inspect the fireplace to ensure the chimney is clean before lighting the first fire of the season. A money saving tip is to install a glass enclosure or glass doors on the opening of the fireplace to reduce the amount of hot air that escapes from the house.

Keeping a clean filter in the furnace through the winter is essential to maximizing its efficiency. Dirty filters make the furnace work harder and may even damage it. It is also best to hire a professional on an annual basis to install proper filters, vacuum the unit, and recommend appropriate upgrades. Annual maintenance on a furnace can increase its life expectancy by up to four years.

Dead and dying tree branches can be a danger to people and power lines. Keep your home safe and prevent power outages this season by hiring a professional to prune branches and limbs close to your home.

Source: HomeAdvisor

Published with permission from RISMedia.


Multifamily Market to Remain Strong through 2015 With 1.7 Million New Renters

November 26, 2012 2:40 am

The Freddie Mac Multifamily Research Group released its multifamily real estate market demand forecast for the next several years. The paper forecasts a base case that entails slow economic growth with an additional 1.7 million new multifamily renter households between now and 2015. In addition, the paper forecasts that the multifamily market and demand for rental housing will remain solid and healthy during the same period of time.

The forecast analyzes demographic trends, housing supply and economic data. The scenario-based approach explores rental market conditions under different economic environments: slow growth, no growth and accelerated growth.

Forecast Highlights:
• Recent declines in homeownership related to economic stress and high foreclosures in the single-family housing market have benefited the multifamily market.
• The homeownership rate will drop 1 to 2 percentage points if the current slow recovery continues.
• The single-family rental market, a growing and distinct market from multifamily, has expanded 16 percent (about 3 million units) since 2007.
• Multifamily market demand is expected to be strong through 2015 primarily due to demographic trends and a decreasing national homeownership rate.
• Rental demand will continue to grow faster than historical averages.
• Multifamily demand is likely to be 1.7 million new renter households between now and 2015. If the economic recovery accelerates, demand will be in the 1 million new renter range; and if no recovery, then in the 1.6 million range for new renters.

"The research supports the optimism that currently pervades the multifamily market. It confirms that multifamily is a bright spot in the real estate market and the economy more broadly, and it will likely continue to shine for quite some time," says David Brickman, senior vice president of Freddie Mac Multifamily.

Source: Freddie Mac

Published with permission from RISMedia.