Daily Archives: November 17, 2012

How to Make Sure ‘The One’ Doesn’t Get Away | Bedford NY Realtor

Do you ever pause and think about the one that got away? Maybe it was the charming craftsman that had everything you wanted, except the huge walk-in closet. Or perhaps you’re still smitten with the cute bungalow that you flirted with for weeks, only to make up your mind one day too late.

In your home search, you must be sure there are no regrets and that your perfect match doesn’t wind up in the hands of another buyer. You’ll be disappointed if you lose the property of your dreams because you got cold feet.

So what do you need to do in order to get your fairy tale ending?

Dollars and cents

Whether you’re paying cash or getting a mortgage, you must be prepared to show what you’ve got.

Proof of funds and pre-approval letters should be given to your real estate agent immediately so that the information is on file and can be submitted with your offer. Remember, getting your financials may take a day or two, and you certainly don’t want to miss out on securing a home due to lack of preparation.

Love or lust?

Is it true love or just a fling? Make sure the home fits your wants AND your needs. The upgraded granite countertops and hardwood floors may look great, but can your family of five really live comfortably in only 900 square feet?

You’ll likely have to compromise on some things, but keep in mind that with houses, just like people, you’ll know when there’s “marriage potential.” These properties meet nearly all of your long-term needs, and their flaws are minor irritants rather than deal breakers. No home is perfect, so if all the important features are there, you’ve got to go for it.

Seal the deal

If you think it’s a good catch, so will someone else.

Given the low inventory of properties in many markets across the nation, your dream home might be as popular as Prince Charming on ball night. This can lead to bidding wars among several buyers.

How will you compete? Know what you want, determine how much you’re able to spend and take a page from Cinderella — find yourself a fairy godmother (a real estate expert) to guide you through the purchase process.

Don’t let another buyer walk away with your beloved!

Empty Idaho Governor’s Mansion Riles Residents | South Salem Realtor

It’s a stunning, 7,100-square-foot mansion — ”visible for miles,” some have said — sitting on a grassy hilltop in Boise, ID with views over the scenic Boise Valley. The magnificent, Mediterranean-style structure commands 37 green acres and boasts a library, a boardroom, two kitchens and ample entertainment spaces. A dream home, it seems — so why is it so hard to get someone to take it?

You’d think people would be fighting to lay claim to Idaho’s majestic governor’s mansion, but nothing could be further from the truth. As a matter of fact, the state’s governor doesn’t even want it — and never did.

After being elected governor in 2006, Clement Leroy “Butch” Otter politely declined to occupy the State of Idaho’s Executive Residence. Instead, Otter chose to live on a much humbler riverside ranch in western Idaho. So the Idaho governor’s mansion, also known as the Governor’s House and the Idaho House, has remained empty, aside from the occasional state function.

But it sure does cost a lot to let a house like that sit vacant. Keeping up with the maintenance of the home continues to cost Idaho taxpayers at least $125,000 a year. And just this year, the maintenance price tag was even higher: $177,400.

Public outrage

Angry residents have demanded that the empty, 32-year-old home be returned to the Simplot family, the founders of a potato-farming empire who donated the hilltop mansion to the state in 2004 for the sole purpose of it being the governor’s residence — something that didn’t become official until 2009. Yet Gov. Otter, whose marriage to a Simplot ended in divorce in 1993, has never moved in.

“It’s inappropriate to continue funding this mansion on the hill,” Boise resident Barbara Kemp said during a public hearing held by the Governor’s Housing Committee on Oct. 2. Kemp told the committee that potato magnate J.R. Simplot himself, who is now dead, would have seen the mansion as a “waste of money” and financial drain on a state that’s already “tapped out.”

Kemp’s thoughts are echoed by former Boise legislator John Gannon, who said at the hearing that Idaho’s governor’s mansion program (which includes a maintenance fund that has plummeted from $1.5 million in 2005 to $900,000 in 2012) is both costly and outdated.

“There is nostalgia for a governor’s mansion, probably based upon the beautiful century-old homes that many other states have. But I think many Idahoans are frustrated that the idea just hasn’t worked in Idaho,” Gannon told AOL Real Estate. “After 25 years, many expensive plans, and a costly, empty mansion for six years, the governor’s mansion program has failed.”

Despite pressure from Boise residents to hand the keys back to the Simplot family, the heirs to the Simplot estate have said that they have no intention of taking it back.

“It’s a special piece of property that the Simplot family intended to be used for a special purpose, and being utilized as the official residence of the governor would fulfill that intent,” Simplot spokesman David Cuoio said in a statement to AOL Real Estate. “We are satisfied with the agreement we made with the state.”

A proposal was made in February to sell the mansion in order to save Idaho’s drowning state parks system, but it was rejected by lawmakers.

An ‘outdated’ program?

According to Gannon, the very idea of having a governor’s mansion is becoming “obsolete.” The traditional, hierarchical ideal of having a governor “watching over” his or her people and the necessity of designated housing for the chief executive (conventionally meant to symbolize the “grandeur of government”) is backward and does not cater to a “modern-day” governor with his own family, tastes and preferences.

“This is fundamentally why the modern Simplot mansion has been empty,” Gannon told AOL Real Estate. “No person should live in a home chosen by others.”

And it’s not just Idaho’s Gov. Otter who thinks so.

Governors from several other states have also declined to move into official residences or only occupy them part-time, including Colorado’s John Hickenlooper, Michigan‘s Rick Snyder, Indiana‘s Mitch Daniels, New Jersey‘s Chris Christie, New Hampshire‘s John Lynch, New York‘s Andrew Cuomo and Ohio’s John R. Kasich. In some cases, governor’s mansions have been transformed into museums or wedding mills just “to make ends meet.”

The future of the Idaho House is now being questioned in a series of public hearings taking a look at how to fend off some of the state’s fiscal problems. Though there is a case to be made for preserving historic structures and landmarks, “I can’t believe we would let this symbol of Idaho go to some developer,” Boise resident Michael Costanecki said at one public hearing.

But the costs involved in maintaining a governor’s mansion is hard to justify and “not worth the expense,” according to governors from Arizona, Massachusetts, Rhode Island and Vermont, which don’t have governor’s mansions, as well as California — where the governor’s mansion long ago was turned into a state park.

“A governor has the right to choose a residence and receive a housing allowance as part of the compensation package,” Gannon told AOL Real Estate. “In Idaho, it’s time to end a program that has failed.”

.

Report: Tampa Home of Socialite in Petraeus Scandal Facing Foreclosure | Katonah Realtor

Scott and Jill Kelley’s Tampa home. Source: Google Maps

Jill Kelley, right, with her husband, Scott Kelley, and Holly Petraeus, wife of David Petraeus. Source: Zuma Press

As if it wasn’t enough to have sparked an FBI investigation that has exploded into an international scandal and brought down the head of the CIA, one of the women at the crux of the Petraeus scandal must now also endure intense media scrutiny about her imploding financial crisis.

Jill Kelley, the Tampa socialite and military booster who alerted the FBI about the threatening emails that led to the resignation of CIA chief David Petraeus, is facing foreclosure on her home.

Purchased in 2004 for $1.5 million after Jill and her physician husband Scott Kelley moved to Tampa, the 6-bedroom, 4.5-bathroom house is at least one asset that creditors are seeking to reclaim from the Kelleys.

According to the Tampa Bay Times, the couple’s financial spiral was under way by the time Jill Kelley first invited Petraeus and his wife, Holly, to their home in 2008, soon after the former general was stationed at MacDill Air Force Base.

“Lawsuits show the Kelleys were treading water by then, when Scott Kelley was making just the minimum payment on a Visa Signature card that had accumulated a balance over $70,000 and was taking on hundreds of dollars in interest each month,” the newspaper reported. “According to a lawsuit filed this year, Kelley defaulted on that card in 2010, the same year Regions Bank sued him and his wife over a debt in excess of $250,000. Chase sued for more than $25,000, and Regions Bank filed to foreclose on their Bayshore home. The bank said it was owed more than $1.7 million, and that it had not gotten any payments since Sept. 2009.”

Jill Kelley continues to be heavily scrutinized after it was revealed this week that she was the woman who reported threatening emails she had received to the FBI. The emails led the FBI to Petraeus biographer Paula Broadwell, who had an affair with Petraeus while he was serving as the military commander of U.S. operations in Afghanistan.

A second commander, U.S. Gen. John Allen, who currently oversees U.S. and NATO forces in Afghanistan, has also been implicated in the scandal. The Pentagon announced Tuesday that it is investigating “potentially inappropriate” correspondence between Allen and Kelley.

Reporters outside the Kelley home. Source: AP

While FBI investigators took materials from Broadwell’s home in Charlotte, NC on Monday, the media circus has set up shop outside Kelley’s home on Bayshore Boulevard in the Tampa neighborhood of North Hyde Park. The waterfront home was where Kelley hosted many parties for military personnel and other high-profile guests over the years. By many accounts, Kelley worked fast and furiously to ensconce her family in Tampa’s society circles.

“Determined to make her footprint, Jill Kelley knocked on doors up and down Bayshore Boulevard, asking homeowners if their house was for sale. She wanted the prestigious address, and she got it. In June 2004, the couple paid $1.5 million for a 4,800-square-foot brick mansion with stately white pillars and a view of Hillsborough Bay, just six miles from MacDill Air Force Base,” wrote Ben Montgomery and Amy Scherzer of the Tampa Bay Times.

Apartment Where New Bobby Flay Show Filmed for Sale | Cross River Real Estate

Source: FoodNetwork.com

Searching for a place with some good cooking vibes? Look no further than this Brooklyn townhouse, which was deemed perfect for filming a new cooking show, “America’s Best Home Cook,” hosted by chef Bobby Flay. The show pits “home cooks” in weekly competitions to determine the best in America.

The Bedford-Stuyvesant home, located at 44 Monroe St, Brooklyn, NY 11238, is all exposed brick and stone walls with an open floor plan that centers, of course, around a spacious kitchen.

The building was constructed in 1899 and was recently restored, adding another three stories to the original dwelling. The listing notes the home’s capacity for entertaining — which is likely why producers of Flay’s new show picked the property. According to Prudential Douglas Elliman director of PR Ashley Murphy, the home is being rented by the Food Network until the end of November.

After that, the townhouse is up for grabs for $1.65 million.

Besides a chef-worthy kitchen, the home has herringbone wood floors, exposed beams with walnut molding and a dining room closed off to the kitchen by glass French doors. Measuring 2,400 square feet, the home has 4 bedrooms, 2 baths and a generous terrace.

The listing is held by Jerry Minsky of Prudential Douglas Elliman.

According to Zillow’s home affordability calculator, a monthly payment on the home would be $5,751, assuming a 20 percent down payment on a 30-year mortgage.

Kitchens of Cooking Celebrities | North Salem NY Real Estate

They sing, they act and some of them even cook. While many celebrities are usually spotted dining out or confess to having private chefs, a small number of them say they love to play chef.

But who would blame them when their cooking space features high-end appliances, a deep farmhouse sink and extended counter space? We’re taking a tour through some gorgeous kitchens owned by celebs who actually use them.

Source: People.com

Justin Timberlake and Jessica Biel

Who’s the cook in Justin Timberlake and Jessica Biel’s relationship?

The newlyweds actually share the kitchen duties, Timberlake told Jay Leno recently.

“She likes to cook. I like to bake … so dinner and dessert,” Timberlake said.

Perhaps the two share duties in his modern Manhattan penthouse. The sleek and minimal space has deep counter space and stainless steel appliances.

Justin Timberlake’s sleek penthouse kitchen

Source: WikiCommons

Emma Stone

For Emma Stone, cooking is both therapy and passion. She confessed recently that baking was one way she could manage her anxiety growing up. Stone’s boyfriend, actor Andrew Garfield, told Vanity Fair that the actress is also serious about some day opening a bakery of her own.

Might as well get some practice in! Her galley-style kitchen in her new Beverly Hills home has white tiled countertops, stainless steel appliances and a large sink with built-in drainboard.

Emma Stone bought her home in May 2012.

Source: US Weekly

Gwyneth Paltrow

In between acting and raising a family with Coldplay rocker Chris Martin, Gwyneth Paltrow runs the website goop.com, which is devoted to healthy living. The actress also recently published a cookbook entitled “My Father’s Daughter.”

The amateur chef likely needs a large space for preparing her meals, which is why her new home in Los Angeles is perfect. The spacious and modern kitchen has high-end appliances and a large island perfect for meal prep.

Paltrow’s kitchen would be a great setting for her next cookbook.

Source: IMDb

Matthew McConaughey

Texas-born actor Matthew McConaughey has long professed his love for Texas-style barbecue, stopping by Guy Fieri’s food show as well as sharing recipes with Rachael Ray.

Even now as he prepares for a role requiring a strict diet, McConaughey told US Weekly he’s been preparing a lot of rib-eye steak for his wife, Camila Alves.

The couple share a home in Austin with their two children. Not only does McConaughey’s home include a large kitchen, but it also has a back patio with great barbecuing space.

McConaughey’s Austin home has great indoor and outdoor cooking spaces.

Source: IMDb

Taylor Swift

Taylor Swift has confessed that she loves to bake with her friends Selena Gomez and Emma Stone. She has plenty of kitchens spread across her homes in Nashville, and most recently Cape Cod, but we can imagine her spending time playing chef in her Beverly Hills home.

Her new California kitchen is a charming light-filled space with butcher block countertops and plenty of cabinet space.

Swift’s cheery cooking space is perfect for the singer.

How Much House Can You Get for $725,000? | Mt Kisco Real Estate

Each week we take a look at how much house you can expect to get at a specific price point. This week, we’re looking at homes priced around $725,000.

San Jose, CA

434 S 15th St, San Jose CA
For sale: $724,950

Craftsman charm abounds in this 1910-built home in San Jose. The 2-bed, 1-bath home includes a home office and formal dining room with built-in storage.

Baltimore, MD

1108 Vineyard Hill Rd, Baltimore MD
For sale: $725,000

A $25,000 price chop puts this Baltimore home in our price bucket. The brick colonial has open floor plan highlights, including vaulted ceilings and a two-story foyer. Measuring 3,448 square feet, the home has 4 bedrooms and 3.5 baths.

Fairfield, CT

1502 Round Hill Rd, Fairfield CT
For sale: $725,000

Another colonial, this time in Connecticut, sits on a sprawling landscaped lot. Built in 1950, the Fairfield home makes exceptional use of 1,847 square feet with 3 bedrooms and 2.5 baths. The newer kitchen has granite countertops, stainless steel appliances and a new pantry.

Phoenix, AZ

3714 E Coolidge St, Phoenix AZ
For sale: $725,000

This 4-bed, 4-bath Phoenix home includes a bonus room that could fit a variety of needs, including nursery, home office or home gym. Sitting on a quarter-acre lot in a desirable neighborhood, the house also includes a lush backyard with patio.

Barrington, RI

93 Rumstick Rd, Barrington RI
For sale: $729,000

This renovated barn-like home in Barrington has spacious and sunny rooms laid out in a 3,081-square-foot floor plan. The 4-bed, 3-bath home is in a convenient location within walking distance to local shops and restaurants.