Wednesday, September 15, 2010

New and Better...

You know the story of the older guy that lived "in the country" had come to town with his son... and saw his first elevator.  It was an amazing thing for him to view.  He watched in Awe as someone went into that double door contraption and the door closed... then opening a few minutes later and WOW!  After many minutes, the older guy turns to his young son and says, "Watch that contraption over there..."   and just as he spoke it, an elderly woman stepped into the elevator... in a couple minutes the doors opened and out came a young beautiful blonde...  The older guy turns to his son and says..."We got to go home and get your ma... she's got to go through that contraption!"

Is technology not just the greatest of things?!  When they work properly at least!  I have gotten some things that actually "WOWED" me about innovative ideas for technology over the last few weeks...  One thing is my website.  It has always been available... but now it is available for mobile technology as well...  A customer can drive up to the home, or read about the home in an ad, and put the home's individual URL in his mobile device... presto... chango... the details will appear...

Even better yet... Now with ScanLife technology... a person download a free app for his or her phone and scan any of the printed materials available at a listing.  Again... presto... chango... it opens a web page with full details about the listing! 

Check it our for your self!  My website is www.WilliamPittman.com.  Try it out on your mobile phone.  Or just as good or better... download the free app to your phone and scan your computer screen on one of these bar codes... and see how EZ it actually is!

This technology is available to everyone, but very few want to go the extra mile to make it available for their clients!  Let "Pitt" make you a satisfied customer!  Give me a call if I can assist you in any way! 

Thanks



Pitt

Friday, September 10, 2010

Living in LA

LA (that is Lower Alabama for those of you who are not from around here...) is unique in almost every way!  Our greatest fault/asset, which ever it may be, is that we love our College Football.  I guess part of the excitement is that it marks the end of the HOT and HUMID months of July and August... and finally a break with cooler fall temperatures, the beauty of all the leaves beginning to turn, the ability to go outside and enjoy outdoors... and the opportunity to do some heavy duty tailgating.

Not everyone gets to the game to start the tailgating.  It begins with simple and tried recipes off the grill and indoors.  It's not unusual for all the stores to be out of our favorite tailgate items on a Saturday afternoon, and just behooves us to plan ahead.  And finally its almost game time... the streets, stores, and community will be barren of people... Everyone is either at the game or in front of the HD TV and ready to see and participate in the excitement of the game.

Rivals will talk the talk all week, bragging rights are considered almost holy, and anticipation will loom over everyone.  Regardless of how good or how bad our team plays, it is justified by the circumstances... and the bragging continues!  Life with your team is almost a religion... the colors are worn proudly, and game times can get a bit zealous.  It is a historical fact that emotions run high... and so do tempers!  There are several noted times that family members have gone to blows over the game... and even further than that when someone goes for the weapons!   How sad!

What ever is important to us, we want to protect... and we want to think that our "whatever" is better than the next guys "whatever."  That said, I would love to be on your team or have you on my team in the Real Estate world.  My motto is... "If you want to be a Satisfied Customer... Call Pitt!"  I believe that in order to stay in business, you must give premium customer service.  I assure you that you would not be dis-satisfied with my services.  For more information, please visit my website... www.WilliamPittman.com or email me... Pitt@WilliamPittman.com or text/call me...205 229-3013! 

Thanks for reading my blog...

Pitt

Wednesday, September 8, 2010

Changing of the times...

Talking with a friend today... about changing times.  Dating myself would be the understatement, and with age, it's more fun to think about the old days that it is the present... it seemed much more fun at the time; but alas, as I continue to ponder those "good times" there was always anticipation about the future... Ironic isn't it. 

From life without indoor plumbing all the way to the present age has really brought lots of changes.  Cooking dinner was to go out to the chicken coop and catch the chicken... get the veggies from the barn where we kept all the "canned" good that were in "jars."  The figs were there too... which became dessert with a pile of figs on top of one of those "cat head" biscuits... UMMMMMMM!

We lived in the heat, but didn't know it was hot... the only time it was cool was fall and winter... In the summer, we lived outside ... till the mosquitos were so bad we couldn't stand it... and then we went inside. Life was sweet with sweat I guess...

Such is the life of Real Estate... Contracts came from a single page transaction to now upwards of over 50 pages plus addendums and exhibits.  Simple handshakes to seal the deal became multi million dollar law suits over the 50 plus page contract discreprencies.  From the simple to the extreme... from the trust... to the dis-trust.  Now a contract means less than the handshake of old.

If your thinking of selling or buying a home, it behooves you to get an agent that knows what is going on...  An agent can help protect your interests and can advise you in things that are crucial in negotiating a contract and protecting you.

That said... please don't hesitate to call on me at any time for all your real estate needs...  Go by my website at http://www.williampittman.com/ and check out all the helps that are there about schools, neighborhoods, etc...  I look forward to hearing from you soon!  "Want to be a Satisfied Customer... Call Pitt  205 229-3013"  Call, text, or email me today!

Thanks

Pitt

Tuesday, September 7, 2010

Finding a Real Estate Agent...

Finding a Real Estate Agent should not be a difficult thing... though most folks don't really know what the agent is really all about... nor why they need an agent. Most think that their agent is there to get paid... well, that is partly true; but not all true. What is the agent there for?




Agency was actually created to protect the consumer and not the real estate agent... while agents don't normally get paid unless they sell something, their primary function is to protect their customer... which should actually be their "client." The agent is required by law to act in a fiduciary capacity for their client. Thus, they can not do something that will not be good for their client and good for themselves. Make sure that your agent it working for you...



If you want to know more, or have a question about agency... "Call Pitt... 229-3013"
My website is www.WilliamPittman.com... where you can find all the homes for sale in the greater Birmingham Area... or check the prices of homes in your neighborhood! 

Thanks

Pitt

Tuesday, August 17, 2010

New Laws Affecting Mortgages... "The Problem and the Fix"

As we look at the future for whats going on in our economy... the mortgage programs that are available have changed drastically and continue to do so... There are still many options, but for most, the newer laws bring a real imposition!

To compensate for the former problems, most mortgage programs made drastic changes that really hurt the average Joe from being able to get a conventional mortgage. Fannie Mae and Freddie Mac, the major players in setting rules and regulations for mortgages, went overboard. As usual, the way to offset the problem is to create a different problem!

I am sure that you have seen the air conditioning thermostat move dramatically when it is hot or cold... When the temperature is 78 and the thermostat is set on 80... the average person will move it to 60 because you know that it gets colder quicker when its set lower... If you are waiting on the elevator, you can press the button several times to hurry it to your position. It almost always works...

Those mortgage programs for over 100% LTV (loan to value) are basically a thing of the past. With the economy as it is, the housing prices dropping, and the job market declining... it was probably a good thing. The American Dream can wait a few months till a little savings can be saved for down payment or closing costs.

A conventional 100% LTV is another thing that has gone by the wayside... The same arguments can be made here as the prior. Non Conventional mortgage are still available in some situations and areas for 100%.

Conventional 97% loans are extremely rare as well. Even when one can get this program, their rate and their PMI (Private Mortgage Insurance) will be above the cloud level... probably out of our present atmosphere. FHA does have a program in co-ordination with the State of Alabama, to get a 99.5% loan... and a 97.5% on just FHA alone.

Conventional 95% mortgages are available if your credit score is high enough, but again, the PMI and interest rate is going to be a bit higher... 90% and below conventional mortgages are still available but interest rates and PMI are based on credit scores not solely on the down payment.

The next edition will talk about short sales and foreclosures... stay tuned

Thursday, February 11, 2010

Get the Bread and Milk... There is Snow Coming!

Over the years, I have changed hats or at least worn many different hats. Although, the majority of my life I have been in sales, I have often pilfered around in other things as well. A large portion of my adult life was set in working as a Paramedic and worked mostly as a volunteer for a small “rescue squad” in my home town and county. For about 15 years I was on call and ready to go at an impulse to jump into an ambulance and go anywhere at anytime and for as long as it seemed to take. It was toll taking at times, but exceedingly rewarding!

In later years I moved to the Birmingham Area and went to work with an ambulance company there as a paid provider. It was not nearly as much “fun” or as meaningful, but we were able to help lots of people for several years just the same.

One year, we had the typical central Alabama weather forecast that said we were “gonna get snow.” Since I was from south Alabama, I could only remember one time that we got “real snow.” That was in 1971 and late in February. I remember the first night of the blizzard, we decided to move our cars away from near the roadway so that we would not have to worry about people sliding around on the road and hitting our cars. We promptly moved them to the back yard.

My parents owned a small 7 unit motel out in the middle of nowhere… and we were booked full in no time at all. The “No Vacancy” sign did still work, although it had been used very few times over the years. And we had guests from all over. We even invited a few to come in to our living quarters to make room for people who were stranded or feared being stranded. On morning, we had no water, but had over a foot of snow on the ground and drifts that covered all the cars in the drive and parking area. I went out back to see the snow, and saw that there was a solid sheet of white with big mounds of white where our cars were.

A friendly guy in room 8 came down and asked about the water. We told him that we had a deep well (about 360 feet deep) and that the water was frozen. He proceeded to explain to us how we could remedy that problem, and with a 100 watt bulb and a tarp, we had water in just a few minutes. It was a winter to remember forever. (I just wish I could remember other things so well).

So in Birmingham, in the late 1990s, we had a grave forecast of snow! Everyone went to the grocery to get their stock pile of bread and milk. That seems to be the Alabama way of dealing with unusual weather. And low and behold the snow began to come down.

I went to work at 6 AM that morning and three days later, I was given the OK to go home. We worked around the clock mostly, and were given times to get a couple hours sleeping before we were put back on our trucks and off again. The first night of the storm, we were ordered to go to a downtown hotel and to take 4 hours for sleep and then to get back out. It was about 2 or 3 in the morning, and things were quieting down a bit.

We arrived at the hotel, given our room with one double bed, and told to be back ready by 6. When we arrived, there was limited power in the building, so our first quest was to make our way up the icy stairs to the second floor to our room. Our small bed (I am not a small fellow by the way) was there in the middle of the room and was very inviting. (Sarcasm) Luckily we had our “Mag Light” flashlights and made it to the restroom, and had a gift pack with soap, shampoo, a toothbrush, and toothpaste. The room was almost as cold inside as it was outside. The huge window in the room was leaking in the cold at a good pace.

Our next thing was to get a quick “Hot” shower and get some “shut-eye.” Guess what… no hot water. And of course, no heat! There were two blankets in the room, and several in our Ambulance. So again, down the icy steps and back up with our blankets from the ambulance. A really fun night, a quick nap, and then back on the street.

In Birmingham, ice and snow is a total show stopper, as well as a city stopper. Our average call was probably about five to six miles to get to the patient. It would take sometimes an hour to get there, another hour to get to the patient and get them in the ambulance, and then as much as two hours trip to the hospital, depending on which one we needed use. We had lots of rock salt, and a few of the units had chains… but mainly it was slow going. Another great thing about Birmingham is the hills or mountains I guess may be a better word. Thus, many of the homes were either in valley, or on a hillside. By the time the Ambulance would get as close as we could to the scene, we would then take all our equipment and place it on the stretcher and push it sometimes blocks in order to get to the residence or scene. Many times we would have a fire truck on the scene with five or six fire fighters to assist us to carry everything in and out and then try to roll the cot with a patient on board down driveways and streets that were iced and snowed over.

So, what happened? We got the forecast… and we got the snow… and everyone knew what was happening, but something happened! The answer… “People!”

Ok, here is an illustration of what really happened, and this had nothing to do with the 1% or 2% of the calls that were normal medical emergencies such as heart attacks, strokes, and the like. Why we were so busy all day for three days is because of pure ignorance.

Case in point… a sixty year old gentleman decides to go outside on the snow and ice and take a look around. He puts on his “slippers” and walks outside his back door and does what… slips! Then tries again if he is fortunate enough to do so, and what happens, he slips again! Most of these unfortunate events really caused problems. The snow is soft, but the ice is hard. There were many concussions, and fractures and a few people actually broke their necks and died because of their desire to “get out in it.”

Other brilliant people had to get out and drive around to see the sights! People who had seen very little snow and even less ice on streets and bridges were out playing tag with their cars on the street. Our ambulance came down one hill out in the county and actually twirled around three times before we reached the bottom of the hill… and yes it was lots of fun!

So what about the forecast. My wife is looking forward to having a possible day off from having to go to work. My daughter is thinking that she won’t have to go to school even though she will probably have to make up the day later. And I am worried about how to meet people for appointments! What will we all do?

The Answer… Hopefully we will NOT do something stupid that will interrupt our lives for more than a day. Take the forecast… take the weather… enjoy the change of seasons, but don’t do anything really dumb. You don’t want to find yourself on the “America’s Funniest Home Videos” television show. Nor do you want to want to be on the “Cops” show with all of America laughing at you! Enjoy! Relax! Have Fun!!!

Sunday, February 7, 2010

How Much Should I Do???

Many of my clients have asked me over the years… “Should I do this?” or “Will I get my money back if I do this?” Or maybe they will tell me… “I am going to do this… it should raise the value of my home by thousands.”

What is the answer to those great ideas? Is there really and answer? To be honest with you, I don’t know if anyone knows the real answer here. But a few stories from personal examples may bring some light into it.

In 1976, I bought an old home that had been built in 1899. It was a mixture of Victorian and Colonial style… and was absolutely beautiful; or at least it was to me. We had another home to live in, and so I began the long and enduring challenge of “fixing it up.” It had 16 foot ceilings; the windows were about 12 feet tall, a wrap around front porch with huge columns. The supports (I guess it could be called a foundation) were in pretty good condition, but the inside needed a major overhaul. It was not a project to make money so much as to move in and live there “for the rest of my life… ha ha)!

Weekends and nights were the hours of operation, and soon, it began taking shape. I had the Living Room and Dining Room completed… and was about to start on the kitchen… a major undertaking! Along this time, my wife decided that we just HAD to move into it. After much delay, I finally succumbed to her pressure and decided that after the kitchen was finished, we would move in.

It was a disaster. We got moved in and then the work stopped… Each evening, I would have to move everything to work, then put it back… and finally decided to cosmetically cover the rest of the home and sell it. It was too much… and I now hated the home!

The emphasis that I have not made is that of the work itself. When we started the work, we uncovered more work. Each project brought on even more projects. A few bucks here and there became a major undertaking of expensive trials. When all said and done, it was definitely not worth the expense to “Fix up and Sell!”

A friend of mine in Iowa is remodeling his home. He has found major work when trying to remodel or remedy small problems that he has found. Not that this is a bad thing, but it seems to be a never ending problem of details. Almost daily we chat and he has new and better stories to tell me each day.

I have read publications that indicate that if you spend money on your home, you can expect to get about 10% of your expense back on your home. If it is Kitchen remodel or adding a bath, the estimates go up a good deal. But painting, hardwoods, tile, and other amenities that make the home a lot nicer, usually have very little impact on the sales price of your home… although it will definitely make it more sellable.

Most “do it yourselfers” often get stared in a project and don’t have the skills or knowledge to finish it, especially when you find things or uncover things that need to be corrected as you go. Thus brings about an even greater challenge of paying someone to finish or sometimes “Fix” what you have done.

Major repairs such as electrical and or plumbing on older homes can become expensive because they need to be brought up to meet the current code rather than just “fix” them. Again, these items can get really expensive.

My answer? I still don’t have one. If you want to make changes in your home that you know you can do… and want to do them for your own enjoyment, and then do so! If you want to do them to make the home more sellable, then do so! But if you’re trying to raise the value of your home… find out what the market conditions for your neighborhood. See how your home’s “worth” stacks up with the rest of the neighborhood. Then do the research and find out how much it will cost do the things you want to do. If you can justify them, then by all means do so. It’s been my experience over the years though, if your thinking of selling do the least amount of “expense” work that is possible to make it look as good as you can and move it out.

Give me a call if I can help you with your real estate needs... I am only a phone call away... 205 229-3013