Good To know Wednesdays’

MOVING

CHECKLIST

for the little ones!

 

1.     As you travel on the plane or in the car, bring your favorite stuffed animal to keep you company.

2.  Remember a night light or a flashlight for the hotel room.

3.  Make sure you pack your bedtime stories.

4.    Bring a small bag of toys, games, coloring books and crayons, maybe even a puzzle to keep you busy while Mom and Dad help the packers unload the van at your new house.

5.    When the movers pack your belongings, have them label the boxes with your name so you'll know where your special things are.

6.    Have Mom or Dad take pictures of your best friends and take these photos with you to your new home. This will help you from being lonely until you make new friends in your neighborhood.

7.    Give your pets some hugs and take good care of them during the move. Reassure them that they'll like your new house!

8. Tell your friends you are moving and get their addresses and their phone numbers so you can write to them or call them.

9.    Don't forget to say goodbye to your teachers. Let them know you learned a lot from them.

10. Remember moving is an adventure! Put on a happy face - everyone wants you to love your new home and neighborhood!

If you have anything to add to this checklist please leave a comment at the bottom of the page.

Mark Key

RealtyUSA

mkey@realtyusa.com

716-603-8649

Good To know Wednesdays’

Good To know Wednesdays’

Wells Fargo Refunds $10 Million to Vets

Wells Fargo & Co. has agreed to refund up to $10 million in fees to eligible military veterans who refinanced their mortgage with the bank, in settling a lawsuit that alleges the bank harmed veterans by charging improperly high fees on mortgages.
The lawsuit filed in the State Court of Troup County, Ga., claimed the bank failed to use "reasonable care" in assessing attorney fees when complying with the Veterans Administration's Interest Rate Reduction Refinancing Loan rules.
Veterans who refinanced with Wells Fargo between Jan. 20, 2004, and Oct. 7, 2010, are eligible for the refunds from the settlement.
"Since the lawsuit allegation was raised, we have diligently worked with our veteran customers who inquired about their fees and we refunded them if there was an error in the third-party charges that were assessed," says Cara Heiden, co-president of Wells Fargo Home Mortgage. "We hope that by settling this matter, we can demonstrate to veterans our steadfast commitment to doing right by them."
Banks have been fighting off a number of allegations in recent weeks that they’ve mishandled many mortgages for military families and vets.
J.P. Morgan Chase & Co. recently has apologized for overcharging at least 4,500 active service members and wrongly foreclosing on 18 military families.
Laws are in place for veterans and active duty military members to limit their interest rates and fees with mortgages and protect them from foreclosure.

Source: “Wells Fargo Settles Veteran-Related Suit for About $10 Million,

Good To know Wednesdays’

Good To know Wednesdays’

PMI Remains Tax Deductible for 2011

Great News! Congress has once again extended legislation that makes mortgage insurance (MI) tax deductible for many Americans. The New legislation ensures the tax deductibility of mortgage insurance on both purchase and finance on both purchase and refinance loans for qualified borrowers through 2011.

Why is this important?

·         Tax relief is much needed in a time of struggling economic recovery, and continue to help protect the dream of homeownership for many.

·         Mortgage insurance is not only safe and predictable, but it’s also cancelable and some offer other features borrowers want today, including job loss protection, Homeowner Assistance Program and homebuyer education discounts.

Will all borrowers with mortgage insurance qualify for the MI tax deduction?

This MI tax-deductibility legislation only applies to eligible borrowers with adjusted gross incomes of $109,000 or less who purchase or refinance a home in 2007-2011, and pay mortgage insurance premiums. It will be fully deductible for eligible taxpayers who are married. Single or head-of-household and who earn up to $100,000. The amount of the deduction incrementally phase out for those who have adjusted gross incomes between $100,000 and &109,000 annually.

How much can typical homeowner expect to save with MI deduction?

Individual savings will vary depending on the size of the loan and a borrowers adjusted gross income and tax bracket. According to an analysis by Bank rate, a homeowner with an $180,000 mortgage could save about $351 in taxes a year.

        Contact your 1st Priority Mortgage Consultant for additional information 

If you should have any questions regarding this topic or any other real estate topic from this blog please feel free to send Mark Key a question from the Q&A Ask a Question BOX at the top of the page I promise to get back to you as soon as possible or call 716-603-8649

Mark Key

RealtyUSA.com

Cheektowaga New York 14225

716-603-8649

And Remember Every Home Needs A Key

Good To know Wednesdays’

Good To know Wednesdays’

Showing Support for our WNY Schools!

Cleveland Hill Central School District

On Saturday February 19, 2011 the Cleveland Hill School Softball Program is pleased to host its 2^nd annual one of a kind fund-raising event. This event has been Very successful in the districts across WNY over the last 3+years and they now have the opportunity to run their Second Mattress Fundraiser sale at Cleveland Hill!

The Cleveland Hill softball program had great success with this fundraiser last year! The customers were thrilled at the savings and high quality of each mattress! The proceeds to their team allowed them to offset cost that would have otherwise been shouldered by the parents.

If anyone might be in need of a mattress (or mattress set). Or if you know of any friends or family that might be in need. Please keep Saturday, February 19,2011open.

The sale will again be at the Cleveland Hill Elementary School from 10am-5pm

There will be 15-20 sets on display to try out and a team of experts to answer any questions you may have. No pressure. Just savings to our community from 30-60% below retail!

It is a pleasure for the Cleveland Hill school district to be able to find a way to help there students and their families while providing cost savings to their community.

Cleveland Hill would very much appreciate your all of our support of their fundraiser. We hope that you would be able to spread the word to neighbors, families and friends.

Cleveland Hill is located at 105 Mapleview Road Cheektowaga, NY

If you should have any questions regarding this topic or any other real estate topic from this blog please feel free to send Mark Key a question from the Q&A BOX at the top of the page I promise to get back to you as soon as possible.

Good To know Wednesdays’