Terry Prescott Blog

Home Alone House

Posted by Jason Arnold on May 16, 2011 in No Category
 At the risk of sounding like a movie nerd, I watch a LOT of movies…probably more than I care to admit without otherwise writing under an assumed name. I’m not entirely sure how many theatres I’ve been to or how many bad made for TV movies with Hulk Hogan I’ve watched at home on my couch. In a culture that produces thousands of movies that generate billions in revenue, how many do you really remember? I mean…like really remember? There doesn’t seem to be a science to it b... read more
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Gallup and Purchase

Good Time
Posted by Terry Prescott on May 05, 2011 in  Buy
Daily Real Estate News     Gallup Poll: Americans Say Buy Now With dropping home values in many markets mixed with interest rates at historical lows, homes are more affordable now than they’ve been in the last 35 years, reports Zillow.com. The average buyer nowadays can expect to spend about 17 percent of her monthly gross income on a mortgage, which compares to a 25 percent average since 1975, Zillow reports. With affordability high, Americans seem to be getting the message a... read more
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Bailing

Read Before Bailing
Posted by Terry Prescott on May 02, 2011 in  Long term effect
Daily Real Estate News  |  May 2, 2011     Bailing on Mortgage Not a Good Idea An estimated 11 million home owners owe more on their mortgage than their property is currently worth. That’s made more home owners consider walking away from their mortgage and home ownership, even those who can still comfortably afford to make their payments (known as “strategic default”). Walking away from a mortgage usually results in either a short sale or forecl... read more
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Irelands Ghost estates and Londons 221M fixer upper

Posted by Jason Arnold on May 02, 2011 in No Category
  A three-story penthouse in London's Knightsbridge neighborhood has been sold for about $221 million -- and it's a fixer-upper. The new owner bought the unit with bare walls and no amenities and is expected to spend up to $100 million to finish it, according to the Telegraph newspaper. A government survey in Ireland estimates that more than 2,800 "ghost estates" haunted the country at the end of 2010. The Sunday Business Post reports that "ghost estates" are developments ... read more
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Bugs

Bugs or Not
Posted by Terry Prescott on May 01, 2011 in  Bugs and Stuff
Bugs Or Not By:  E. Lee Warren III With summer coming soon, we all know that the bugs are coming.  There are some things that you can do to help deter the pests and help your house at the same time.    Make sure all of your bushes and plants are at least 6 inches away from the house.  The vines going up the side of the house may look pretty, but they can cause plenty of havoc as they allow bugs to travel into your home.  Not to mention that they can easily grow into your atti... read more
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