How Cold is Cold?


It is Friday, January 21, 2011. If you are living in the Minnesota area, you know that the freezer door has definitely been opened on our state. It is 10 am and our current temp here is -15 and with the windchill they are saying it is about -35. How’s that for cold?

How does this cold affect your home? This type of cold can do a lot of damage to your home if you are not paying attention. With just a couple easy steps, you can elevate a lot of pain.

PIPES~ Most people think that the pipes are on the inside of the home and the home is heated so they should be fine. But do you know that the pipes that are located on exterior was and in cabinets will get cold. So if you can, leave the cabinet doors open so the heat from your home can get directly to the pipes. You can also put towels or by the pipe heating blankets.

WINDOWS~ Unless you build your home and put high quality windows in, the chances of having some sort of draft from your windows is very likely. Most of your box stores now sell plastic that can be placed on the trim work and keep these drafts out. This will also save you dollars as your heater won’t have to work so hard to keep heating the air.

DOORS~ Not only does our family & friends come and go from these area, but so do your dollars in the winter seasons. Invest a few dollars and put the foam around the doors to keep the cold drafts out. You may also want to invest in draft preventers that go at the bottom of the doors.

So with the economy straining our pocketbooks, why not take a few moments of your time and put some of those dollars back into your wallet? Invest a little time into your home and keep it warm.

THE SPIRITS TO MOVE hope you & your home stay warm!

Your Minnesota Real Estate agent providing quality service whether buying, selling or relocating. Experienced in short sale & foreclosures. Learn more at http://www.VickieGylling.com.

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Short Sale or Foreclosure, What Should “I” Do?


TV, newspaper, internet wherever you turn you are hearing about this topic everywhere.  Those facing a short sale or foreclosure know it can be very stressful and often wonder where to turn.  I am here to tell you that “YES” it can be stressful, but once you have spoken with a qualified person that can give you direction, answer your questions and help you to make those first steps, this stressful feeling will subside and you will wonder why you waited so long to ask the question.  What most people don’t know right now, if you were to start asking around, you would be surprised at how many people are in the same situation you are in.  Why are we so afraid to talk with each other about our difficulties…remember when the teacher always said to us, the only stupid question is the one that was not asked?  Shouldn’t that apply in this situation also?

The worst thing you could have to tell your spouse or partner is that you may be on the verge of loosing your home.  Now what, how long will the process take, where do we go from here & most impotantly…where will we live & how long with this affect our credit scores.  These are more than just scary thought.  Depending on the action you have to take; short sale vs. foreclosure both will impact your credit scores but in two very different ways.

Short Sale: May stay on your record for 3-4 years.  How it affects your credit score is based on each situation individually as each of our credit scores are different to begin with.  After the appropriate number of years, you may see this come off your credit report.  If you have a second mortgage, this lender has up to 7 years to come after you for the deficient amount owed on that loan even once the home is sold.

Foreclosure: This will stay on your credit report FOREVER! It may affect the terms of any loan or credit card you try to obtain in the future. 

Neither of these procedures should be taken lightly, however, working with a qualified real estate agent will help guide you through the process and be able to direct you to the correct persons that you may need to speak with in order to make the correct decision for you.  When speaking with a Real Estate agent about how you should proceed, it is important to know that this person can not ethically give you any legal or financial advise on the decision you might need to make.  It is always in your best interest to speak with the appropriate persons for direction in these matters.  Your Real Estate agent should also not pressure you to make any impulse decisions on what you want to do.  Since this decision is going to affect you for many years if not a lifetime, take the time to make the decisions that feel best for you, your spouse and most definitely your family.

The other thing to remember is each situation is different and how the bank works with your agent will be different in each case.  So if you see an agent promoting themselves as an experienced or expert in either of these situations, remember that these designations are self-proclaimed and there is NO government or agency that gives these titles to an agent.

THE SPIRITS TO MOVE are here to assist you in all your real estate needs & questions.  Leave us a question if you have one and we will get back with a private response to you.  We are here to help move you in a professional & confidential manner.