Nov 30, 2010

In the figure above, we see how the yearly payment for a constant dollar loan relates to the loan amount at different mortgage rates. Yearly payments are those that would pay off the loan in 30 years assuming a fixed interest rate. When mortgage rates are low, the yearly payment is a much smaller share of the loan. For example, at a 4.25 percent mortgage rate,...

Nov 29, 2010

When most people think of the Circle C area, they think: biking and walking paths, nice community pools, exemplary schools, and an HOA that makes everything look nice.  This house gets access to all those things at a fraction of what others are paying.  Check out the lest expensive home for sell in Circle C right now!  This is the Best deal in Circle C right...

Nov 21, 2010

Annual inspections keep flames burning right Creosote—combustible, tar-like droplets—is a natural byproduct of burning wood. The more wood you burn, the wetter or greener the wood, and the more often you restrict airflow by keeping your fireplace doors closed or your damper barely open, the more creosote is produced. Soot build-up, while not flammable, can...

Nov 21, 2010

Inspect light strings. Discard any that are damaged. Frayed or cracked electrical cords or broken sockets are leading fire hazards. Follow the manufacturer’s instructions for connecting multiple strings. The general limit is three strings. Light strings with stacked plugs can usually accommodate greater lengths than end-to-end connections. Replace...

Nov 21, 2010

To keep your household from becoming a holiday fire statistic, here are some safety tips to follow. Cooking Cooking is the top cause of holiday fires, according to the USFA. The most common culprit is food that’s left unattended. It’s easy to get distracted; take a pot holder with you when you leave the kitchen as a reminder that you have something...

Nov 21, 2010

According to the Multiple Listing Service (MLS) report released 11/18/2010 by the Austin Board of REALTORS®, the Austin real estate market continues to hold its value despite a slowdown in sales. What can we say that we haven’t said before? Newspapers warn of possible foreclosure moratoria, job growth is just barely in the black ink and the midterm...

Nov 17, 2010

* In the past 12 years, the net worth of the typical home owner has ranged between 31 and 46 times that of the net worth of the typical renter. * Home owner equity is a substantial component of home owner wealth. The Federal Reserve’s Survey of Consumer Finances, conducted once every three years, provides a snapshot of family income and net worth along...

We all have them, the friends who call you for help doing something. You know… “hey buddy can you help me…” I have no problem helping a friend move, or helping with a large project around the house. I would have no problem watching someone’s kids, or giving them a ride to the airport. We all do those things for one another. That...