|T&B Trending January 2015 Vol 1-2015|
|Top StoryNovember 2014 Job Growth – 7th Best Month in 10 Years Source: Dr. Ted C. Jones
Job growth continues to accelerate into the fall and winter as November 2014 saw 321,000 net new jobs (preliminary) added on a seasonally-adjusted annualized rate. That was the seventh best month of job growth in the past 10-years. Read more >>
In The News
Forecast: Full Steam Ahead for Housing
The housing market will continue its gradual recovery and gain momentum in 2015 after a disappointing 2014.
Home Sales, Housing Starts Expected to See Significant Growth in 2015
Improvements in economic fundamentals, notably employment growth among millennials, will fuel significant increases in home sales and housing starts and a modest rise in home prices in 2015. Read more >>
In Our Neighborhood
First-time homebuyers given more options to buy a home by FannieMae and FreddieMac:
Source: Topkins & Bevans Blog
Earlier this week new lending guidelines for first-time homebuyers were released in a statement by the FHFA Director Melvin L. Watt . Watt wrote “The new lending guidelines released today by Fannie Mae and Freddie Mac will enable creditworthy borrowers who can afford a mortgage, but lack the resources to pay a substantial down payment plus closing costs, to get a mortgage with 3 percent down. Read more >>
We all know how many mortgages are currently “under water” By “under water”, I mean than once the property is sold and selling expenses and comissions paid, there is no money left over for a downpayment on the “next”home. The mortgage and property taxes are current; the property just has no equity.
Here is a solution I recently developed which worked out well for a client of mine. The client’s parents had excellent credit and had saved up some money. I caused them to purchase, in their names, the property which their daughter had identified as more suitable for her growing family. The daughter entered into a lease with her parents, with market rental rates. She has an option to buyer the bigger home from her parents at a formula price. There is a provision in the lease that every rental payment has a “rent-to-own” coefficient, so the daughter is building up equity in the home she now lives in every time she makes a monthly rental payment United States.
The “under water” residence is now being rented to third parties. Evenutally, when the real estate market comes back, the daughter can sell this home and come out whole. In the meantime, she is receiving income to defray her mortgage and tax expense, whicile she is paying Mom and Dad for the new, more spacious home.
Everybody wins as long as the numbers work out, which in this case, they do. I am not saying that this approach is the “be-all” or the “end-all”. It is, however, a creative solution which has given my clients’ parents a chance to help their daughter without a huge financial sacrifice. There are variations to this theme; perhaps, you can suggest some you have used.
We are not done with this “down” real estate market whatever some of you suggest. There are pockets of progress; there are pockets of stagnation. Creative thinking can many time save the day. We all need to practice it.
When I first started practicing law, it was accepted practice to bill matters by the hour. After all, the only thing I was selling was my time, and if I spent more time on a matter than I expected, why shouldn’t the client compensate me for that effort? While these axioms remain true, the marketplace has changed, and consumers are now aware that “shopping” for an attorney is no different than shopping for any other service or commodity. Because of these trends, and because I want everyone I represent to believe they have been well served and fairly charged for services, my firm now uses a “fixed fee” approach to almost all real estate transactions. My practice is to enter into an initial discussion with the client to determine the level of complexity of the transaction, and then to agree upon a fee, which will not change even if the transaction goes viral, and I spend more time on the matter than anticipated.
Accordingly, if you work with Topkins & Bevans for the purchase or sale of your home, you will know, up front, what the matter will cost you, and you can factor that expense into your budgeting process.
There are several inherent advantages to this approach:
- You and our firm establish a relationship of TRUST, our most important product.
If you believe that you are working with honorable professionals, you will feel comfortable telling your friends and family about us, and that helps Topkins & Bevans to expand our client base. You may also feel comfortable using our firm for other legal matters which may arise, including helping you develop an Estate Plan for your family.
- You are not hesitant to email or call when you have a question.
Many people worry about calling when the meter is “on”. They have concerns, but they do not want to expand the amount of their legal fee. Fixed fee billing eliminates that factor from the equation. When the pressure is off, people communicate better. On the other hand, the situations are few and far between where a client takes unfair advantage of the fixed fee approach.
- We get all the information from you that we need to give you appropriate representation.
Our firm has real estate experience at almost every level. We have completed condominium conversions. We have prepared subdivisions. We are familiar with current lending practices. None of this expertise will help you unless we know all the facts of your situation. When you are not worried about the added cost, you can open up and give us good information. That usually translates to our being able to give you effective representation.
If you are considering buying or selling a home, we would love to hear from you. We will work with you on a fixed fee basis and even defer payment of some, or all, of your fee until the closing. There is nothing better in our line of work than a satisfied client, and that is what we aim for, each and every time.
Home-ownership is often complicated, and never exactly what you expect. Nothing you have done previously in your life can prepare you totally for owning a home. Don’t get me wrong: there is not a greater believer in home ownership than I. All I am saying is that there are some definite steps you should be taking, and moves you should be making, and the sooner you get things organized properly, the easier you will find the home ownership experience. Here is my list of “do’s” and “don’ts”, in no particular order of importance:
- DO file for a Homestead. I do deal with Homesteads each and every day. There is no downside to recording the Homestead Declaration, unless you think a $100 dollar investment to protect $500,000 is not a good deal. How you will employ your Homestead when it is necessary is not something you can predict. Just understand that you only need to file a Homestead once, and it will endure through countless refinancing transactions. A Declaration of Homestead is truly “the gift that keeps on giving”.
- DON’T be a careless record keeper. The current tax laws are extremely favorable to middle-class America. If you have lived in your home for at least 2 of the last 5 years, you can sell your home and not pay any capital gains tax to a maximum exclusion of $250,000 for a single person and $500,000 for a married couple. Especially these days, that exclusion covers most of us, and we can make one, two or more transactions without any concern for paying the tax man. Well, there is no guarantee that our law makers will continue this tax benefit forever. What if fiscal needs require the termination of this program? Are you ready to recreate your tax basis in your home? Do you have records of improvements and additions which can be added to your tax basis? The time to determine whether you do is NOW, not when you are staring down the barrel of a tax audit.
- DO be a believer in preventive maintenance. Letting needed repairs slide is not a good idea, even in a recession. If your roof is not sound, or you need new windows, get the work done before greater woes befall you. You may find that the payback with new windows on energy costs justifies the expense. Ditto with needed insulation. Attend to these items as they are needed. You will receive the benefit.
- DON’T wait too long to consider Elder Care transactions with regarding your home. If you are fortunate, and have children you can trust, you may want to consider getting your home out of your name and into a Grantor Trust. These Trusts can be helpful later on, but there are waiting periods in place to prevent abuses and every time they change, they seem to get longer. Don’t let this go so that when you decide you want to make a move, you too close to need attendant care to insulate your assets. Again, each circumstance is different, but certainly 60 years of age is not too early to start planning.
Luxottica Acquiring Israeli Sunglass Chain
Gone are the days when sunglasses were only used to protect the eye from sunrays. Ray Ban Aviators have remained in style for decades but this company also moved with the times in terms ray ban rb4057 size of its other models. Ray ban sunglasses were more accepted because it can make you look fashionable and it can also be definite to desire a brace of sunglasses. Before you determine to buy ray ban rb 3025 sunglasses online, here are interested in some tips.
This season, I would suggest one classic and simple pair, one pair of Ray Ban imitation, one pair gafas ray ban png of aviators, and maybe one that’s a little over the top like the bright green ones or large statement making sunnies.
From Oakley to Prada, Ray Ban to different renowned brands like Christian Dior, Gucci and Adidas, daily, weekly and monthly lenses and lens care products from trusted brands as Optix Aqua, Biomedics, Acuvue, Air, Focus Dailies, Freshlook, SofLens and Proclear you will discover all the most recent designs and styles in oculos ray ban rb3320 shades on this site.
This makes Ray Ban Club master sunglasses a fit and lively wear for both men and women; although there are some which are specifically for men, women sunglasses ray ban 3387 or kids. Naturally, they have ochelari ray ban youtube clearer lenses than most of the other Ray Ban sunglasses, and other models as well, and they do ray ban prescription caravan not distort visuals, neither do they form deviations on images. Once you buy a pair of these magnificent sunglasses, you will be given a wiping cloth to wipe dust and remove finger prints, along with a Ray Ban flip-over case. Usually black or brown, Ray Ban wayfarers can also come in a calico or turtle-shell print.
Fashionable Minds Need To Meet Alex Hitz
It ray ban polarized rb4147 seems like just yesterday we were just putting away all the holiday decorations and paying off those Christmas credit card bills, but here it is again! There is a saying that if you can only buy one sunglass all of your life, Ray Ban sunglass is the best choice. So it deserves your time and careful attention to get the real Ray Ban sunglasses so as to make your life colorful and fashionable. When watching a lacrosse or football game, or biking down the familiar roads of Ohio, an Ohio State student should make an effort to put on these sports Ray Ban Sale sunglasses. Fit over Ray Ban 3025 sunglasses buy ray ban tech are created from hardy, durable materials that happen to be suited for many outdoor activities. Yes, you have got the idea—people with Ray Ban Wayfarers that can protect him from being harmed by sun-rays.
Though the ray ban p 3364 presence of glasses online has reduced the prices of the designer glasses, it is still wise to choose a pair of designer glasses after giving it some thought. However, this does not mean that there are no cheap glasses which offer great quality and elegant designs. Ray Ban polarized sunglasses are sunglasses that are especially designed to reduce the glare of the sun from particular surfaces, such as glass, water, and snow. One of the other downsides to ray ban wayfarer rb2140 tortoise permanently wearing glasses is ray ban tortoise uk that you are ray ban philippines online store not able to just pop into a shop and buy yourself a new pair of sunnies. For example, Ray Ban RB5027 series are some of the most popular articles in the market. You can use dark glasses to cover up any oddities on your face or around your eyes.
While Ray Bans now have been adopted by the next generation of Hollywood style setters, and are being worn by many types of celebrates, from actors, to sports icons, to you name it… President Barack Obama has been seen sporting a pair of Ray-Ban sunglasses around Washington DC. It appears he has made the Ray-Ban brand his personal choice when it comes to sunglasses.
Ray Ban Knows How To Make Outstanding Sunglasses
No pair of sunglasses has grown more popular in recent years than pilot shades which were created by ray ban germany Ray Ban in the 1930’s. And the earliest ray ban repair jacksonville people who use some glasses that can protect them from sun-rays are aviators. As time goes on, many people have deemed that Ray Ban Wayfarers should not be only for aviators, but also for common people.
Sports sunglasses are appropriate young athletes, ray ban cockpit femme particularly in spacious areas like universities since they are at and the higher chances of ultraviolet (UV) ray overexposure. Anti-fog properties in Ray Ban 3025 sunglasses will possibly not simply make the riding experience more enjoyable, this may also just save your valuable life! There are basically two kinds of Rayban glasses frames that have a big name and these are the Ray Ban Aviators and Ray Ban Wayfarer.
These sunglasses had become the next big thing especially after Lieutenant John MacCready had commented about the Ray ban aviator sunglasses are that you covet, seek online for a cheaper value. A good optical retail store will let you Take tension of your glasses, and they will make your grip and grasp your sunglasses, take unusual bother of them. If you are looking for a fashionable brace of ray ban india price list in bangalore sunglasses that will safeguard your eyes, try the Ray ban 3025 When you make you fortunate for the Ray ban Wayfarer sunglasses. ray ban wayfarer price in delhi This 3217 ray ban sunglasses has a very smooth rounded ray ban sunglasses vision direct edge and low-key black plastic nose frame, so this low-key and light sunglasses is suitable for many occasions.
Google Glass In Singapore
Provided they are made of good quality glass with vision-friendly color and well fitting frames, sunglasses are considered good for eyes. It is because ray ban junior retailers of fashion why celebrities love Ray Ban Sunglasses (more about Ray Ban here ). The qualities of the brand are in its highest quality to the frame, lenses and rims that they use in the product.
Designer sunglasses are a hot accessory and all the designers included them in their fashion line. However, although the world of try on ray ban frames online designer sunglasses puts at our disposal a variety of choices, Gucci Sunglasses and Rayban sunglasses are definetely among the leaders when it ray ban online winkel comes to sunglasses. Rayban ray ban wayfarer sizing information sunglasses have been popular for a couple of years now and they are still in the top of the preferences, due to their unique style and functionality. If we come to think of it, there’s no other brand of sunglasses as popular ray ban mirror sunglasses india as Rayban.
The lenses provide 100% UV Protection and shield the eyes from the harmful glare of the sun. The list of actors who have worn classic Ray Ban Wayfarers or Aviators in movie roles ray ban rb3386 polarized 002 9a is practically endless.
In Today’s Changing World
Breitling introduced the Speedmaster Professional X-33 in 1998, designed in conjunction with aviators and astronauts alike to meet their exacting demands. With each passing year, there are often new designs and models ray ban sunglasses malaysia price of sunglasses that get released from popular brands such as Ray Ban and Oakley. The ordinary sunglasses do not have the strength, that is, the diopter is 0. So you should try the eyeglasses to make sure there are no dizzinessand headache feeling when selecting sunglasses. When you are attending formal ceremonise, you’d better not hang your optical eyeglasses on your neckline, because that is rather casual. Maybe due to ray ban sale ‘ unique charming of stylish elements, perhaps due to an alternative style of their own, wherever they go, they are shining.
In this case, oversized ray ban sunglasses are out ray ban 4105 calibro 54 of your selection, but aviators in addition to rounded wayfarers would both suit very well. Fortunately if you have a narrow-shaped or long face shape, it may be very easy to select designer ray ban sunglasses on the other hand. In fact, it ray ban rb4165 justin 853 5d would not be wrong to say that Ray Ban sunglasses are the most celebrated and well known around the world just by looking at the sheer amount of publicity that they receive. From movie celebs to the average person on ray ban frames buy online the street, Ray Ban sunglasses are the true favorite of everyone. Especially if you have spent a while saving for Ray Ban wayfarer sunglasses with polarized lens.
Therefore, people are willing to spend huge sums of money on branded accessories like eyeglasses which give a charismatic look to even the most jaded faces. Ordinary prescription eyeglasses just serve the purpose of vision correction; you can’t expect to make an haute statement with them. A common phenomenon is that most eyeglass users buy their first pair of eyeglasses from their eye doctors. Just like designer eyeglasses you are provided with designer frames that can be fitted to your existing lens.
All thanks to the power of the internet; prospective clients can just zero in on to a myriad variety of eyeglasses by just sitting ray ban 2132 history at home. Leveraging the prowess of online technology, they can now select the very best from a ray ban polarized tour highly distinguished yet competitively priced range of eyeglasses.
Get Cheap Designer Sunglasses At Almost Wholesale Prices.
Ray-Ban is the brand name of sunglasses as well as eyeglasses established in 1937 through an American corporation Bausch & Lomb. Keep some of these trends in mind – Ray ray ban price list in usa Ban Wayfarers (or the thousands of knock-offs), Round and Retro, or Aviators. These polarized ray ban folding wayfarer 54 black glasses are not only unique in design and shape but in their materials; all Shwood molds are handcrafted in Portland and offer up polarized lenses.
At present, there are two types of polarized sunglasses: ray ban erika 4171 one is coated with a protective substance and the other has a filter enclosed within it. Both of the two can resist ray ban carbon frame sunglasses unwanted portion of sunlight.
A number of musicians are already photographed wearing Ray Ban sunglasses, such as American musician and actor Adrian Grenier, hip ray ban p3 hop vocalist Fergie, who likes Ray Ban Wayfarer folding sunglasses, and Ashlee Simpson, which has been photographed wearing Ray Ban Outsiders ray ban sunglasses made in Original Wayfarer sunglasses.
The Ray Ban Aviator became a well-known style of sunglasses when General Douglas MacArthur landed on the beach in the Philippines in World War II and photographers snapped several pictures of him wearing them