K.M. Minemier & Associates is a certified Woman Owned Small Business (WOSB) engaged in full service real estate asset management and marketing.

Articles

Lots Are Costing Buyers More

September 08, 2018

September 7, 2018Lots may be getting smaller, but they’re also getting more expensive, according to analyzed data taken from the U.S. Census Bureau’s Survey of Construction. Single-family lot prices reached a new record high in 2017—half of the lots were priced at or above $47,400. © Michael H - DigitalVision/Getty Images  While ...

Read The Full Article


Time to add mums to your landscape!

September 07, 2018

It’s that time of the year where pops of orange, yellow and burgundy start showing up everywhere you go.  Pumpkins and mums are the go-to outdoor décor for the fall, and perfect for creating a showy front porch (which is great if your house is on the market during this time).  They are a great ...

Read The Full Article


The Tiny House That Love Built

September 07, 2018

https://www.zillow.com/blog/tiny-house-love-built-228400/...

Read The Full Article


FHA Loan Down Payment Sources: Retirement Funds

September 07, 2018

We’ve been discussing FHA home loan down payment sources and the rules that govern them. FHA mortgage loan rules in HUD 4000.1 have strict requirements when it comes to the sourcing of down payments; since most FHA forward mortgages require a down payment, the rules in this area are very important to know ahead of your loan ...

Read The Full Article


Home Selling Checklist

September 06, 2018

of 7                     Automatic Zoom                     Actual Size                     Page Fit                    ...

Read The Full Article


FHA Appraiser Inspection Guidelines

September 05, 2018

 FHA Appraiser Inspection Guidelines Appraisal request  Prior to starting the assignment, the appraiser’s must have: The FHA case #             A signed copy of the sales contract and all counter offers and addendums.         Exterior items requiring repairs or inspections:Exposed ...

Read The Full Article


Home Renovations: Budgeting 101

September 05, 2018

 Ready to remodel your dated bathroom or Kitchen? Looking to add a home office or space for your growing family? The easiest part is knowing your end goal. Before you start picking out flooring and paint, know your budget and have resources to call on in times of trouble are just as important as your vision in this ...

Read The Full Article


Will publishing sold data open the door to real estate disrupters?

September 05, 2018

Star Business Journal-Real EstateBy Tess Kalinowski Real Estate ReporterWed., Sept. 5, 2018 Last month, the Supreme Court dismissed TREB’s application to appeal a Competition Tribunal decision that ruled that web-based brokerages — known in the industry as virtual office websites (VOWs) — should be allowed to publish sold data on their websites. All consumers should need in order ...

Read The Full Article


Rents Are on The Rise: Don't Get Caught in The Rental Trap!

September 04, 2018

There are many benefits to homeownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage.Don’t Become Trapped A recent article by Apartment List addressed rising rents by stating:“Our national rent index is up 0.1 percent month-over-month, marking the sixth straight ...

Read The Full Article


Alabama - diverse housing options

September 03, 2018

Living in Alabama like all places has its ups and downs. The cost of living is affordable but it depends on what area you're going to live in. Right now there is a revitalization movement sweeping the downtown in the metropolitan areas. This is allowing for the renovation of many historical buildings into houses or apartment building. The ...

Read The Full Article


Maximum Loan-to-Value (LTV) Ratio for the FHA Mortgage Program

September 02, 2018

If you plan to use an FHA loan to buy a house, you’ll be limited to a certain loan-to-value ratio, or LTV. The maximum loan-to-value for the FHA mortgage insurance program is 96.5%, according to official HUD guidelines. This means eligible borrowers can make a down payment as low as 3.5% of the home’s value ...

Read The Full Article


What is an FHA Loan?

September 02, 2018

An FHA loan is a mortgage that’s insured by the Federal Housing Administration (FHA). They are popular especially among first time home buyers because they allow down payments of 3.5% for credit scores of 580+. However, borrowers must pay mortgage insurance premiums, which protects the lender if a borrower defaults.Borrowers can qualify for an FHA ...

Read The Full Article


Reasons To Get A Home Inspection | Nancy Braun on Charlotte Today

August 29, 2018

Post by: Nancy Braun, Showcase Realty  In the latest episode of Charlotte Today, Nancy Braun talks about why a buyer should never skip a home inspection.It’s easy to get caught up in the excitement of buying a new home that some buyers tend to forget to make the important decision of having a home inspection ...

Read The Full Article


Fall Home Checklist

August 29, 2018

September☐ Inspect, and possibly change out HVAC filters☐ Clean kitchen sink disposal☐ Clean range hood filters☐ Inspect your fire extinguisher(s)October☐ Inspect, and possibly change out HVAC filters☐ Clean kitchen sink disposal☐ Clean range hood filters☐ Inspect your fire extinguisher(s)November☐ Inspect, and possibly change out HVAC filters☐ Clean kitchen sink disposal☐ Clean range hood filters☐ Inspect your fire extinguisher(s)Quarterly☐ Test ...

Read The Full Article


HUD Enhanced Buyer Opportunites

August 28, 2018

HUD VOLUMES Secretary of Housing and Urban Development REO volumes have declined significantly over the previous few years.  Many potential buyers look for these properties for an opportunity to build sweat equity as a step into homeownership.  The opportunities are fewer and further between, yet, HUD has continues to enhance their program for the opportunities that do ...

Read The Full Article


Traffic...Great traffic = a Great place to live

August 25, 2018

With its long and rich history, Southern hospitality and beautiful coastlines you won't wonder Alabama is a desirable place to live in. If you’re thinking in moving to Alabama get ready for beautiful shorelines, affordable housings and some of the nicest neighbors you’ll ever meet.  Commutes will be a breeze in Alabama if you’re ...

Read The Full Article


What Does the Recent Rash of Price Reductions Mean to the Real Estate Market?

August 24, 2018

Last week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report:There are more price cuts now than a year ago in over two-thirds of the nation’s largest metrosAbout 14% of all listings had a price cut in JuneSince the beginning of the ...

Read The Full Article


CONDO FINANCING

August 22, 2018

Did you know that if a condominium complex has been FHA approved in the past then there is a chance you can purchase a HUD foreclosure still on an FHA loan even if the complex has lost their FHA approval? Yes this is possible. HUD foreclosures are a result of FHA backed loans that have gone delinquent. This means ...

Read The Full Article


Your credit score may have recently gone up—here's why

August 21, 2018

Last year, major credit reporting companies announced a plan to overhaul how negative information is handled on credit reports. Now, for many consumers, credit scores are going up, in some cases by more than 40 points, according to a report released this week by the New York Federal Reserve.Your credit score is a measure of how trustworthy you ...

Read The Full Article


Presenting the Best Offer in A seller's Market

August 21, 2018

In seller’s market, buyers are often faced with multiple offers on every home they write an offer.  After multiple losing offers they become discourage and just ask “how does my offer get chosen?”  Many times they think it is all about the dollar and of course this is a big part but there other ...

Read The Full Article


Supply & Demand Will Determine Future Home Values

August 20, 2018

Will home values continue to appreciate throughout 2018? The answer is simple: YES! – as long as there are more purchasers in the market than there are available homes for them to buy. This is known as the theory of “supply and demand,” which is defined as:“The amount of a commodity, product, or service available and ...

Read The Full Article


Affordable Housing

August 17, 2018

Affordable HousingPosted on August 15, 2018 in UncategorizedMany people make the words affordable housing synonymous with “Low Income”.   As our economy changes, the faces of those in need of affordable housing are changing too.  We’d like to share some suggestions on ways we can individually all create more affordable housing for hard working Americans ...

Read The Full Article


Should I buy at the top of my budget?

August 16, 2018

Should I buy at the top of my budget? Five facts seasoned Realtors ask clients to consider? "I talk to my buyers to get to know what their financial comfort level is," says Benefield. "I tell them upfront that it doesn’t matter what you’re approved for, but what you’re comfortable paying monthly..." ...

Read The Full Article


6 Back To School Tips for Parents

August 16, 2018

Here are 6 back to school tips for parents and kids.1. Practice self-sufficiencyWorried about a younger child? The best remedy is to teach your child how to be self-sufficient. Kids need to figure out how to do things for themselves.Begin by taking a step back.  Start practicing simple tasks prior to returning to school. The more ...

Read The Full Article


Teamwork Enhances a Successful Closing

August 15, 2018

They say no man/woman is an island. The list agent can not get a property closed without the assistance of others. A good team has various components to include list agent, sell agent, buyer(s), lender for financed transactions, title company…and most significant paperwork and constant communication. The paperwork begins with the HUD Disclosures located in the drop-down section ...

Read The Full Article





top