Monday, March 30, 2009

Top 5 Reasons To Consider Selling Short


1. Avoid foreclosure and help save your credit

2. Ease financial sress and recapture a sense of happiness

3. Reduce debt and regain control of your finances

4. Make a fresh start and restore your confidence.

5. Move forward with the help of a short sale specialist

Hiring a Realtor who is experienced in selling “short” will greatly increase your chances of success. Contact The H Team Today for a free confidential review

Tuesday, March 24, 2009

Key Individual Provisions of 2009 American Recovery & Reinvestment Act of 2009

Tax Credit on Installing Energy Improvements To Your Home


What Is It?

A Tax Credit of up to $1500.00 for qualifying residential energy improvements including windows, doors, siding.

Who Gets It?
Taxpayers who invest in such energy improvements to their property.

When Do They Get It?
When taxpayers file their 2009 and 2010 tax returns.

What Does The Taxpayer Need To Do?
When 2009 and 2010 tax returns are completed make sure to claim the maximum benefit under this provision. Be sure to reduce your credit by any non business energy property credit claimed the previous year.

Consult your tax professional for additional information. Not intended as legal advice

Get Your Free Report of Tax Provisions For Individuals Here

Monday, March 23, 2009

Buy A Vehicle - Get Tax Credit

According to the American Recovery and Reinvestment Act of 2009 if you purchase a vehicle before 2010 you qualify for a tax credit.

Who Gets It?
Individuals who purchase new vehicles after 2/16/09 and before 2010. Benefit starts to phase out for individuals with MAGI or $125k/$250k

When Do You Get It?
When taxpayers file their 2009 tax return

What does the taxpayer need to do?
When you file your 2009 tax return, make sure you claim the maximum benefit under this provision. You may claim this deduction even if you don't itemize.

Contact your tax professional for complete details.Not meant as legal advice

Looking for additional details of the American Recovery and Investment Act of 2009? Contact The H Team for a free copy of the Key Individual Provisions

Sunday, March 22, 2009

DOGTOWN USA 3 BR 2.5 Baths Under $90K

Three bedroom, 2.5 bath ranch home has much to offer. Vinyl siding, hardwood floors in all 3 bedrooms, Livingroom and breakfast room, Master bedroom suite with updated half bath. Breakfastroom walks out to very large covered deck and privacy fenced yard. Lower level is partially finished with family room, rec room with large bar, full bath and additional room with closets that could be 4th bedroom. There is also a laundry room and stotage room. Covered carport and off street parking. Home needs a little updating but well worth the price for this home.

Contact The H Team for a tour or view the entire MLS with no sign-up required

Wednesday, March 18, 2009

A Few Upcoming Events in St Louis, Mo.

Upcoming Events
By The H Team

Eco Expo
Join us at the Saint Louis Science Center, April 18-19, at the region’s premier green event, featuring

» Product demonstrations
» Eco-friendly interactive exhibits
» Activities for kids
» Live music in the outdoor beer garden
» Plus much more!
Eco Expo

March Morpho Mania @ The Butterfly House

The Morphos are back! Witness more than 1,500 iridescent common blue morpho butterflies in free flight inside the Conservatory throughout the month.
Butterfly House

Easter Egg Hunt @ Shaws Garden

Saturday, April 4, 2009
The Garden is a gorgeous backdrop in Spring, and kids go crazy when meeting “Bunny” the Garden rabbit.
Shaws Garden

The Boat House @ Forest Park
The Boathouse in Forest Park has been a favorite spot for generations of St. Louisans
Bands will be returning in May
The Boat House

Tuesday, March 17, 2009

The Incentive for Greening American Homes

The Incentive for Greening American Homes
Written by Peter L. Mosca

Green is good, and the Obama Administration and Congress believe it should be an integral part of pulling America out of its economic doldrums. According to the National Association of Home Builders, expanded tax credits for energy-efficient home improvements in the new economic stimulus package puts more money in consumers' pockets by providing financial incentive for home owners to go green on their renovation projects in 2009 and 2010. While more efficient homes save on water and energy bills, these tax credits will make such home upgrades even more affordable.

The Internal Revenue Code section 25C tax credit for existing homes, which had expired at the end of 2007, was reinstated as part of the economic rescue package passed by the Bush Administration last fall. Homeowners could be rewarded for installing energy-efficient windows, doors, roofing and insulation as well as furnaces, air conditioners and heat pumps. But remodelers found that the terms of the 25C credit -- equal to only 10 percent of the cost of each product and with a lifetime cap of $500 -- weren't strong enough to push enough homeowners off the fence and into action.

Now, the credit rate and lifetime cap have been tripled – to 30 percent and $1,500, respectively – the list of eligible improvements expanded, and the deadline for applying has been extended through the end of 2010. Congressional estimates indicate that the new rules for the tax incentive will increase aggregate remodeling activity by more than $6 billion.

"The new tax credit also aligns with industry research indicating that even the most aggressive efficiency goals for new homes won't make a dent in overall energy consumption. Instead, remodeling and retrofitting the nation's older homes is by far the more efficient solution," said NAHB Remodelers Chairman Greg Miedema, CGR, CGB, CAPS, a remodeler from Tucson (AZ).

"These new tax credits are another way that home building industry can combat the potential effects of global climate change by encouraging home owners to make energy-efficient improvements to their homes," said Miedema.

A 2008 California study revealed that 70 percent of the greenhouse gas emissions related to single-family envelope energy consumption can be attributed to homes built before 1983.

The bottom line: Retrofitting existing homes with energy-efficient features is four to eight times more carbon, and cost-efficient than adding further energy-efficiency requirements to new housing, the study showed.

Details on qualifying improvements are available at the IRS Web site at It is expected that homeowners will need to complete Form 5695 (Residential Energy Credits) and submit as part of their 2009 income tax returns to claim the credit. Further, homeowners should retain for their own records information that includes:

Name and address of the manufacturer

Identification of the component

Make, model or other appropriate identifiers

Statement that the component meets the 25C standards

Climate zones for which the criteria are satisfied

Additional information for storm windows, if applicable

A declaration that the certification statement is true.
Due to the efforts of nonprofits like NAHB, the National Association of REALTORS and its affiliate organizations like the CCIM Institute, more and more businesses and individuals alike understand that 'green' is good for our economy, for our health and for the sustainability of our nation's communities

Thursday, March 12, 2009

Why You Should Buy A Home Now


You’re renting a home and beginning to wonder if you should maybe buy a home, consider what author, David Bach, tells us, "Most average homeowner’s are worth up to 35 times more than the average renter."
His advice is for renters to take action immediately and start saving part of their paycheck every month to help accumulate a down payment. He also encourages renters to borrow 10-20 percent less than what the bank is willing to lend; that way you’re only buying as much home as you can afford.
The longer you rent, the longer it may take you to eventually get into homeownership. If the market conditions have scared you, perhaps you're not looking at the other side of the coin. Owning a home becomes part of your investment portfolio, provides tax benefits, allows you to build equity (it still exists), and, if you buy now, you may get an excellent deal.
According to Market Watch , buying a home now can provide some real negotiating power to request improvements, price reductions, help with closing costs, and more. People can get almost everything they need and most of what they want today.
While poor market conditions have created a tough situation for homeowners across the country , the downturn has made the buying market ripe for buyers.. The affordability of homes is better than ever. The National Association of Realtors' housing affordability index concluded that homes in December of 2008 were more affordable than at any other point since 1970 (the start of the index). And with numerous foreclosures on the market and prices dropping in many areas, now is a good time to buy. But in order to make your purchase profitable, here are some things you should consider.
How long will you be in the home? Some experts advise that if you are planning to move within a year, buying may not be the best option because of the expenses associated with moving. However, if you're searching for a place to live for, at least, five years, buying now could be a good choice for you.
How much you can afford. Don't let tighter lending regulations scare you off from making a purchase. Instead, understand what you truly can afford. Don't get caught up in buying too much home. In fact, these days, the trend is moving toward smaller homes.
Mortgage rates have dropped to historical lows. How much home you can afford is affected by mortgage interest rates that, right now, are very attractive. Good credit, documenting your income, and a substantial down payment will make you a better candidate for better rates.
Freedom to choose. Now, unlike several years ago, the market has a large inventory in many areas. The market time to sell a home has increased which creates a large inventory of homes, everything including new, existing, and foreclosures properties. Buyers can search he market and have the freedom to select the home they really want. If you're interest is in a new home, know that many developers are getting more competitive with their pricing because they also have taken a hit by the ailing economy, and some offer special rates the first year or are offering closing cost assistance.
Quality of life. Buying a home can create a higher quality of life, giving you pride of homeownership, and something to enjoy over the years.
Tax credit benefit. The American Recovery and Reinvestment Act of 2009 provides for a $8,000 tax credit that would be available to first-time home buyers for the purchase of a principal residence on or after January 1, 2009 and before December 1, 2009. The credit does not require repayment. Most of the mechanics of the credit will be the same as under the 2008 rules: the credit will be claimed on a tax return to reduce the purchaser's income tax liability. If any credit amount remains unused, then the unused amount will be refunded as a check to the purchaser.

Wondering What Your Home Is Worth? Let Us Show You

Monday, March 02, 2009

Webster Groves Victorian Home High On A Hill For Sale

Amazing architectural detailing throughout. Spacious rooms with 10 foot ceilings. Lovely refinished hardwoods, stain glass windows with 2 bay windows and original moulding throughout. Kitchen offers 42 inch wood cabinets and opens to family room. Even offers a main floor laundry. Master offers a 8x10 sitting room with cedar lined walk in closet. Zoned HVAC and updated plumbing. Welcome your friends and family to the large 25 x 19 front porch. This foreclosure only needs very little to be move in ready. contact The H Team today for your tour.

Readying Your Home For Spring

Getting Your Home Ready For Spring
The H Team

Get your timers and clocks set ahead one hour. Daylight saving time is just around the corner and you’ll need to adjust any timers on household gadgets, indoor and outdoor lights, and those regulating the thermostats on your heating system.

Plant kitchen herbs inside and transplant in May when all signs of frost disappear. Basil, chives, dill, parsley, and fennel can be started from seeds. Oregano, rosemary, sage, savory, and tarragon do better if you start them from small plants or cuttings.

Change the batteries in your smoke detectors. In addition to testing batteries regularly, you should change these twice a year without fail.

Wash your windows. Clean the residue left behind by winter storms by tackling the job while the weather is still cool to prevent streaking. Start indoors before installing your screens, then finish the job outside on a dry day.


Clean the deck to remove grime, pollen, fungus, and mildew. Scrub the surface with a deck cleanser or this homemade cleaning formula: Add one cup of powdered laundry detergent to a gallon of hot water, and add 1/2 cup of chlorine bleach to kill moss or mildew.

Check shrubs and trees for winter damage and prune accordingly. Remove deadwood or broken branches. Replant any shrubs that have heaved out of the soil during a freeze-thaw cycle, before the roots dry out.

Bring your garden hose out of storage. Check for cracks and leaks and replace the rubber or plastic washers at the connectors as well.

Service Lawn Mowers & Equipment Now is the time to inspect mowers and trimmers. Change the oil, replace spark plugs and sharpen the blades. If a unit needs repair getting it to the repair shop early will insure an early return
Spread Fertilizer and Weed Preventer Apply before the spring showers hit. Read manufacturers suggestions on application and warnings.