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Displaying blog entries 21-30 of 83

Celebrate Bluegrass at Rockome Gardens

by Rose Price

A weekend full of bluegrass music awaits you at the 18th Annual Bluegrass in the Gardens, taking place at Rockome Gardens in Arcola [map] Saturday and Sunday. Rockome Gardens is a twenty acre park devoted to Illinois Amish culture. The music starts a noon both days, and features The Roys, The Bankesters, Rigney Family, Sawtooth Bluegrass Band, Mississippi Sawyers (pictured), Pickin' Chicks, Bluetown, and High Cotton.

Tickets are $15 for adults, $8 for children, with those under 7 getting in for free.

Rose Price, CIPS, CRP
Prudential Landmark Real Estate
ChampaignRose.com

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This blog is maintained by Michael of Kim Hughes & Company.
Photo courtesy the Mississippi Sawyers/flickr.com

Managing the Little Fix-ups

by Rose Price

Before you put your house on the market, you have to address a variety of issues. Not the least of which is making the house look fantastic. So as you survey your home, you'll start to see little problems that have to be dealt with. For example, damage to drywall where you have hung artwork or secured tall furniture pieces.

And that's what I want to talk about with you. If you've got something larger than small holes, you'll probably need some professional help. It's pretty remarkable what a contractor can do to make repairs. But, if you've just got some small holes, you can save yourself some money by doing it yourself. It's not going to take long, but we need to get some tools. You’ll need to have spackle, a putty knife, a sanding block, primer, paint and a paint brush. I’ll wait while you go get them.

Fill – Okay, we’re going to use the spackling paste to fill the hole itself. Spackle is just a putty made of plaster and glue. Fill the hole and then use the putty knife to scrape off any spackle sticking up out of the hole.

Sand – A tiny hole won’t need much, if any, sanding. But, if you can You’re going to want to use a sanding block or even a dry wall sanding screen to make sure the result is perfectly flat. Just using sandpaper by hand won’t cut it.

Paint – Again, with a small enough hole, you don’t really need to prime, but it’s not a bad idea. Then you’re going to want to find the paint that was used to cover the wall you’re working on. Usually, when an interior is painted, the contractor will leave a can of the color they used in a storeroom or garage.

If you can’t find the right paint, you’re best bet is to repaint the entire wall: Any odd color patches are going to really stand out when the room is empty of furniture. And, if the hole is a bit bigger, you can find self-adhesive patching kits that include a metal mesh and come in a variety of sizes. You’ll still need to sand, prime and paint.

If your walls are bare, you can tackle this chore quickly. And a lot less expensively than a contractor will do it!

Rose Price, CIPS, CRP
Prudential Landmark Real Estate
ChampaignRose.com

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This blog is maintained by Michael of Kim Hughes & Company.
Photo courtesy mich_bsd/flickr.com

Cheeseburgers and Fun in Danville Saturday

by Rose Price

The Vermilion County Conservation District Foundation is once again holding it's 2012 Cheeseburger and Fun event on Satrurday. The party gets started at 7am at the Bunker Hill Historic Area at Kennekuk Cove County Park near Danville. 

In addition to the traditional Cheeseburger meal, which goes to fund the VCCD Foundation, there will be the Howl at the Moon run/walk, and the Bunker Hill Run Show with trucks, tractors, cars and motorcycles. Music will be provided by the Big Creek Guitar Band, Ryan Ideus and the Feudin' Hillbillys and Captain Rat and the Blind Rivets.

Admission is free, but donations to the VCCD Foundation will be accepted. For more details, call (217) 662-2142 or visit the website.

Rose Price, CIPS, CRP
Prudential Landmark Real Estate
ChampaignRose.com

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This blog is maintained by Michael of Kim Hughes & Company.
Photo courtesy L.Richarz/flickr.com

Planting a Good Investment

by Rose Price

Tree of HeavenLooking for a simple way to add beauty and value to your home? Plant a tree!  There are a wide variety of trees that thrive in central Illinois, but making the best choice takes a little work. Adding a healthy, beautiful tree is an excellent investment in your home’s value.

First of all, you’ll want to have a good assessment of the quality of the soil where you want to plant the tree. The pH balance of your soil, for example, can make the difference between a beautiful tree and a dead eyesore. Soil testers can be purchased at most lawn and garden centers.

The University of Illinois Extension has a wonderful website filled with information about trees you might want to consider. You can use the site to filter trees by size, tolerance to different conditions, exposure and use. It also contains useful warnings about pests specific to central Illinois.

You’ll also need to know how well-drained the planting area is before you put the tree in the ground. Too much water in the soil can cause problems for the roots. Adding bark mulch around the base of the tree will help add nitrogen to the soil.  And wrapping trees in the fall and winter will protect them against the cold and deer.

Whatever your choice is, you’ll probably want to consult with a local garden center or tree farm to confirm you’re making a good decision.  Do you have a favorite tree? Send me a picture! Plant a tree, invest in your home’s value, and make Illinois just a little more beautiful.

Rose Price, CIPS, CRP
Prudential Landmark Real Estate
ChampaignRose.com

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This blog is maintained by Michael of Kim Hughes & Company.
Photo courtesy ReallyBoring/flickr.com

Show Your Support for a Hero's Parents

by Rose Price

A lot of people have been enjoying the London Olympics on television this week. But, one local athlete is still looking forward to her chance to compete in London. Nichole Millage, a 1995 graduate of Champaign Centennial High School, is a member of the 2012 USA Sitting Volleyball Team that will be participating in this year's Paralympics. A fundraiser Saturday hosted by Po'Boys restaurant hopes to raise enough money to send her parents, Dave and Philomena Schnepper to watch their daughter compete. You can get a 2012 London Paralympics Sitting Volleyball and T-Shirt at the fundraiser, and register to win an autographed team volleyball and jersey! The event beings at 4pm on Saturday at Po'Boys at 202 East University in Urbana [map]. Let's all get out and support Nichole!

This blog is maintained by Michael of Kim Hughes & Company.
Photo courtesy usavolleyball.org

Flying History and Saturday Musicals

by Rose Price

For those of you who are looking for something unique and interesting this weekend...

Texas Raiders Overhead

Folks who love vintage airplanes are going to flip over this event.  Texas Raiders is a B-17 bomber from World War Two, one of the eleven that still fly after all these years. And you'll be able to fly aboard it throughout the weekend. It's flying into the Chanute Air Museum Friday. Flights and walk-throughs are available until Tuesday. For information on the rides , please contact B17Rides@gulfcoastwing.org or call 817-304-0393.

Willy Wonka Kids and Seussical, Junior

Something for the whole family to enjoy, the ACT Theater Company is presenting this musical double feature at the Gibson City North Park pavilion (at the corner of 13th and Church) at 7pm on Saturday. More than a hundred kids ranging in age from six to eighteen will be performing! Admission is four dollars.

I hope you have a fun weekend.  Check back next week for more event ideas!

Rose Price, CIPS, CRP
Prudential Landmark Real Estate
ChampaignRose.com

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This blog is maintained by Michael of Kim Hughes & Company. Video courtesy Commemorative Air Force

 

What Life Stage Is Your House?

by Rose Price

Family Portrait

I’m not asking how old your house is or what era of construction it is. Instead, I want to know, who is the ideal family to live in your house? Think about the family structure you can picture making a life in your home. 

First-time Home Buyers

First-timers want lower maintenance to ease into homeowner responsibilities. So, a newer home that doesn’t require much work, or a townhouse with some of the exterior maintenance included would be perfect. First-timers often don’t need much space, and a quick-turnover neighborhood works well as the family starts to grow out of the starter house.

Young Family

Let’s face it. Small children take over every square inch that isn’t dedicated space for something else. That’s why playroom space is nice to have to contain toys and games. Young families like yard space for kids to run, lots of storage space, and easy childproofing ability.

Mature Family 

Families with older children gravitate toward homes with plenty of room for teens to have their own space. Many families need garage space for multiple drivers, and a place for teens to have friends over that won’t disturb Mom and Dad.  

Empty Nester

Functionality is key for the retiring family. Empty nesters like a single floor, main-floor laundry, a low-maintenance yard, a quiet neighborhood, minimal upkeep and an atmosphere of relaxation.

Investor

A real estate investor, or “flipper,” buys up houses in good markets that are priced low and need some simple upgrades. As we would expect, they want to turn a profit.

If you’re not sure what life stage your house is, I can help you figure that out. I’ve heard lots of feedback from lots of buyers and I know what people are looking for. We should talk about why you bought the house in the first place. What was your family situation? What features really worked for you? Just email me some of the key features of your house, and I can let you know who to target!

Rose Price, CIPS, CRP
Prudential Landmark Real Estate
ChampaignRose.com

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What is Your Home Worth?

by Rose Price

Homes in Champaign Il, like the rest of the country, has seen home prices bounce around the last several years. The same question is always being asked, "How much is my home really worth?"

Being informed and know what your home will sell for today will should be the first step in preparing to sell your Champaign, IL home.  A home is worth what someone will pay for it. Everything else is an estimate of value. To determine a property's value, most people turn to either an appraisal or a comparative market analysis.

An appraisal is a certified appraiser's estimate amenities, energy efficiency, the quality of the of the value of a home at a given point in time. To make their determination, appraisers consider square footage, construction quality, design, floor plan, neighborhood and availability of transportation, shopping and schools. Appraisers also take lot size, topography, view and landscaping into account.

The list price is the price tag put on a house in a real estate listing; it usually is only an estimate of what the seller would like to get for the property. The sales price is the amount a property actually sells for. It may be the same as the listing price, or higher or lower, depending on how accurately the property was originally priced and on market conditions.

A seller may need to adjust the listing price if there have been no offers within the first few months of the property's listing period.

The appraisal value is a certified appraiser's estimate of the worth of a property, and is based on comparable sales, the condition of the property and numerous other factors. Lenders require appraisals as part of the loan application process; fees range from $200 to $300. Appraisers use several factors when estimating value including historical records, property performance, condition of the home and indices that forecast future value.

Market value is what price the house will bring at a given point in time. A comparative market analysis is an informal estimate of market value, based on sales of comparable properties, performed by a real estate agent or broker. Because brokers and agents are not state-certified appraisers, they may not perform appraisals in most states. Instead, they estimate the value of a property using a CMA.

You can do your own cost comparison by looking up recent sales of comparable properties in public records. These records are available at local recorder's or assessor's offices, through private companies or on the Internet. Neither of these services produce official appraisals. They also don't factor in market nuances or other issues a certified appraiser or real estate professional might in assessing the value of your home.

 

Rose Price, CIPS, CRP

Prudential Landmark Real Estate
Champaignrose.com

 

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Garden Clubs of Illinois Flower Show

by Rose Price

Looking for something FREE to do in Champaign, Illinois?

An advanced standard flower show of the Garden Clubs of Illinois, Inc. will be free and open to the public Saturday, June 9, from 7 a.m. to 4 p.m. at Lincoln Square Mall in Urbana.  Exhibits include floral design,  horticulture and educational.

It's more fun sharing your gardening expertise and learning from others. Garden clubs offer opportunities to make new friends and acquire new skills. No wonder their membership is growing.

For more information you can call 630-617-9269  or email  gardenclubsill@aol.com

Thanks .news-gazette.com for the info on this great Champaign, Illinois event!

Rose Price, CIPS, CRP

Prudential Landmark Real Estate
Champaignrose.com

 

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Dealing with Credit Score

by Rose Price

If you've been searching for a new Champaign, Illinois home then I'm sure you've heard the words "credit score" quite a few times. With the Illinois lenders tightening their requirements it is more important than ever.

You credit score is commonly referred to as a FICO score, and is a proprietary tool created by the Fair Isaac Corporation. This is not the only way to get a credit score, but the FICO score is the measure that is most commonly used by lenders to determine the risk involved in a particular loan.

Due to the proprietary nature of the FICO score, the Fair Isaac company does not reveal the exact formula it uses to compute this number. However, what is known is that the calculation is broken into five major categories with varying levels of importance. These categories, with weigh in brackets, are payment history (35%), amount owed (30%), length of credit history (15%), new credit (10%) and type of credit used (10%). All of these categories are taken into account in your overall score - no one area or incident determines your score.

The payment history category reviews how well you have met your prior obligations on various account types. It also looks for previous problems in your payment history such as bankruptcy, collections and delinquency. It takes into consideration the size of these problems, the time it took to resolve them, and how long it has been since the problems appeared. The more problems you have in your credit history, the weaker your credit score will be.

One of the largest components that is reviewed is the amount that you currently owe to lenders. While this category focuses on your current amount of debt, it also looks at the number of different accounts and the specific types of accounts that you hold. This area is focused on your present financial situation, and a large amount of debt from many sources will have an adverse effect on your score.

The other categories (length of credit history, new credit and type of credit used) are fairly straightforward. The longer you have a good credit history, the better. Of course, common sense dictates that someone who has never been late with payment over twenty years is a much safer bet than someone who has been only made on time payments for a few years. Also, people who apply for credit a lot probably already have financial pressures causing them to do so, so each time you apply for credit, your score gets dinged a little. Finally, a person with only one credit card is less risky than a person with 10, so the more types of credit accounts you have, the lower your score will be.

It is important to understand that your credit score only looks at the information contained on your credit report and does not reflect additional information that your lender may consider in its appraisal. For example, your credit report does not include such things as current income, debt to income ration, and length of employment. However, because your credit score is a key tool used by lending agencies, it is important that you maintain and improve it periodically.

Your credit score is a major factor when purchasing a home, especially in this tight lending environment. Contact me today if you have any questions about your credit score.

Rose Price, CIPS, CRP

Prudential Landmark Real Estate
Champaignrose.com

 

    Search for Homes in the Champaign Area 

    Featured Champaign Properties 

    Champaign Condominiums 

    Selling Your Champaign Home

    Champaign Real Estate Market Information 


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Displaying blog entries 21-30 of 83

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Rose Price
Landmark Real Estate
One East Main Street, Suite 200
Champaign IL 61820
217-202-8843
217-352-1933
Fax: 217-378-1281