Saturday, June 19, 2010

Father's Day Quotes

Happy Father's Day! Enjoy your day and enjoy your children!  My new favorite father's day quote "Call your Dad..because I wish I still could"  William "Red" Logue..the world's best Dad!


The greatest gift I ever had
Came from God; I call him Dad!
~Author Unknown

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Any man can be a father. It takes someone special to be a dad.
~ Anonymous

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A man's children and his garden both reflect the amount of weeding done during the growing season.
~ Anonymous

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A father is always making his baby into a little woman. And when she is a woman he turns her back again.
~ Enid Bagnold

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The father who does not teach his son his duties is equally guilty with the son who neglects them.
~ Confucius

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If the new American father feels bewildered and even defeated, let him take comfort from the fact that whatever he does in any fathering situation has a fifty percent chance of being right.
~ Bill Cosby

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You know, fathers just have a way of putting everything together.
~ Erika Cosby

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Be kind to thy father, for when thou wert young, who loved thee so fondly as he? He caught the first accents that fell from thy tongue, and joined in thy innocent glee.
~ Margaret Courtney

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How true Daddy's words were when he said: "All children must look after their own upbringing." Parents can only give good advice or put them on the right paths, but the final forming of a person's character lies in their own hands.
~ Anne Frank

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I cannot think of any need in childhood as strong as the need for a father's protection.
~ Sigmond Freud

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A man knows when he is growing old because he begins to look like his father.
~ Gabriel García Márquez

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It is a wise child that knows his own father.
~ Homer

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It is a wise father that knows his own child.
~ William Shakespeare

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It is much easier to become a father than to be one.
~ Kent Nerburn

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He who is taught to live upon little owes more to his father's wisdom than he who has a great deal left him does to his father's care.
~ William Penn

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None of you can ever be proud enough of being the child of such a Father who has not his equal in this world - so great, so good, so faultless. Try, all of you, to follow in his footsteps and don't be discouraged, for to be really in everything like him none of you, I am sure, will ever be. Try, therefore, to be like him in some points, and you will have acquired a great deal.
~ Queen Victoria of England

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It doesn't matter who my father was; it matters who I remember he was.
~ Anne Sexton

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That is the thankless position of the father in the family - the provider for all, and the enemy of all.
~ J. August Strindberg

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For thousands of years, father and son have stretched wistful hands across the canyon of time.
~ Alan Valentine

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The most important thing a father can do for his children is to love their mother.
~ Henry Ward Beecher

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Sherman made the terrible discovery that men make about their fathers sooner or later...that the man before him was not an aging father but a boy, a boy much like himself, a boy who grew up and had a child of his own and, as best he could, out of a sense of duty and, perhaps love, adopted a role called Being a Father so that his child would have something mythical and infinitely important: a Protector, who would keep a lid on all the chaotic and catastrophic possibilities of life.
~ Tom Wolfe, The Bonfire of the Vanities

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"By the time a man realizes that maybe his father was right, he usually has a son who thinks he's wrong."
~ Charles Wadsworth quotes

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"Becoming a father is easy enough, but being one can be very rough"
~ Wilhelm Busch

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"It is a wise child that knows its own father, and an unusual one that unreservedly approves of him"
~ Mark Twain

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"Other things may change us, but we start and end with family"
~ Anthony Brandt

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"To be a successful father there's one absolute rule: when you have a kid, don't look at it for the first two years"
~ Ernest Hemingway

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"Every parent is at some time the father of the unreturned prodigal, with nothing to do but keep his house open to hope"
~ John Ciardi

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"If the new American father feels bewildered and even defeated, let him take comfort from the fact that whatever he does in any fathering situation has a fifty percent chance of being right."
~ Bill Cosby

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"My father didn't tell me how to live; he lived, and let me watch him do it."
~ Clarence B. Kelland

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"A father is always making his baby into a little woman. And when she is a woman he turns her back again."
~ Enid Bagnold

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"One father is more than a hundred schoolmasters."
~ George Herbert

"My father used to play with my brother and me in the yard. Mother would come out and say, "You're tearing up the grass"; "We're not raising grass," Dad would reply. "We're raising boys";"
~ Harmon Killebrew

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"Blessed indeed is the man who hears many gentle voices call him father!"
~ Lydia M. Child

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"A king, realizing his incompetence, can either delegate or abdicate his duties. A father can do neither. If only sons could see the paradox, they would understand the dilemma."
~ Marlene Dietrich

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"I cannot think of any need in childhood as strong as the need for a father's protection."
~ Sigmund Freud

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"It doesn't matter who my father was; it matters who I remember he was."
~ Anne Sexton

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"Sometimes the poorest man leaves his children the richest inheritance."
~ Ruth E. Renkel

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"When a father gives to his son, both laugh; when a son gives to his father, both cry."
~ William Shakespeare

"That is the thankless position of the father in the family-the provider for all, and the enemy of all."
~ August Strindberg

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"When one has not had a good father, one must create one."
~ Aziza Friedrich Nietzsche

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"He who is taught to live upon little owes more to his father's wisdom than he who has a great deal left him does to his father's care."
~ William Penn

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"When I was a boy of 14, my father was so ignorant I could hardly stand to have the old man around. But when I got to be 21, I was astonished at how much the old man had learned in seven years."
~ Mark Twain

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He didn't tell me how to live; he lived, and let me watch him do it.
~ Clarence Budington Kelland

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My father used to play with my brother and me in the yard. Mother would come out and say, "You're tearing up the grass." "We're not raising grass," Dad would reply. "We're raising boys."
~ Harmon Killebrew

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One father is more than a hundred schoolmasters.
~ George Herbert, Outlandish Proverbs, 1640

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Fatherhood is pretending the present you love most is soap-on-a-rope.
~ Bill Cosby

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Father! - to God himself we cannot give a holier name.
~ William Wordsworth

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Henry James once defined life as that predicament which precedes death, and certainly nobody owes you a debt of honor or gratitude for getting him into that predicament. But a child does owe his father a debt, if Dad, having gotten him into this peck of trouble, takes off his coat and buckles down to the job of showing his son how best to crash through it.
~ Clarence Budington Kelland

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A father is always making his baby into a little woman. And when she is a woman he turns her back again.
~ Enid Bagnold

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Blessed indeed is the man who hears many gentle voices call him father!
~ Lydia M. Child, Philothea: A Romance, 1836

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It is not flesh and blood but the heart which makes us fathers and sons.
 
~Johann Schiller

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When I was a boy of fourteen, my father was so ignorant I could hardly stand to have the old man around. But when I got to be twenty-one, I was astonished at how much he had learned in seven years.
~ Mark Twain, "Old Times on the Mississippi" Atlantic Monthly, 1874

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Dad, you're someone to look up to no matter how tall I've grown.
~ Author Unknown

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There's something like a line of gold thread running through a man's words when he talks to his daughter, and gradually over the years it gets to be long enough for you to pick up in your hands and weave into a cloth that feels like love itself.
~ John Gregory Brown (Decorations in a Ruined Cemetery), 1994

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Happy Father's Day!





Cheers!

Monday, June 14, 2010

Jennifer Michaels Hair Studio..making news



Barrington’s local salon, Jennifer Michaels Hair Studio  has been creating quite the “Buzz” lately..and no I don’t mean that as in hair terms you know like “Buzzcut”!! The salon recently participated downtown Chicago in a live hair and photo shoot with GlamLive, a high fashion production company. The theme of the show was “Rockabilly”. The girls were “rocking” out hairstyles all night long! Models came in although-out the evening to get styled up and then were photographed. Check out the photo’s! Become a fan of Jennifer Michaels Hair Studio or go to their website www.Jennifer-Michaels.com 

And I don't know about you..but I am really thinking about cutting my hair short!!!
Remember to tell them Judy sent you!

Friday, June 4, 2010

4 Tips to Determine How Much Mortgage You Can Afford

Article From BuyAndSell.HouseLogic.comBy: G. M. Filisko This is a great article..please share it with anyone you know that is thinking about purchasing a home! Remember..I am here to help!


"By knowing how much mortgage you can handle, you can ensure that home ownership will fit in your budget.

Homeownership should make you feel safe and secure, and that includes financially. Be sure you can afford your home by calculating how much of a mortgage you can safely fit into your budget. Instead of just taking out the biggest mortgage a lender qualifies you to borrow, consider how much you want to pay each month for housing based on your financial and personal goals. Think ahead to major life events and consider how those might influence your budget. Do you want to return to school for an advanced degree? Will a new child add day care to your monthly expenses? Does a relative plan to eventually live with you and contribute to the mortgage? Still not sure how much you can afford? You can use the same formulas that most lenders use, or try another of these traditional methods for estimating the amount of mortgage you can afford.

1. The general rule of mortgage affordability

As a rule of thumb, you can typically afford a home priced two to three times your gross income. If you earn $100,000, you can typically afford a home between $200,000 and $300,000. To understand how that rule applies to your particular financial situation, prepare a family budget and list all the costs of homeownership, like property taxes, insurance, maintenance, utilities, and community association fees, if applicable, as well as costs specific to your family, such as day care costs.

2. Factor in your down payment

How much money do you have for a down payment? The higher your down payment, the lower your monthly payments will be. If you put down at least 20% of the home's cost, you may not have to get private mortgage insurance, which costs hundreds each month. That leaves more money for your mortgage payment.
The lower your down payment, the higher the loan amount you'll need to qualify for and the higher your monthly mortgage payment.

3. Consider your overall debt

Lenders generally follow the 28/41 rule. Your monthly mortgage payments covering your home loan principal, interest, taxes, and insurance shouldn't total more than 28% of your gross annual income. Your overall monthly payments for your mortgage plus all your other bills, like car loans, utilities, and credit cards, shouldn't exceed 41% of your gross annual income. Here's how that works. If your gross annual income is $100,000, multiply by 28% and then divide by 12 months to arrive at a monthly mortgage payment of $2,333 or less. Next, check the total of all your monthly bills including your potential mortgage and make sure they don't top 41%, or $3,416 in our example.

4. Use your rent as a mortgage guide

The tax benefits of homeownership generally allow you to afford a mortgage payment-including taxes and insurance-of about one-third more than your current rent payment without changing your lifestyle. So you can multiply your current rent by 1.33 to arrive at a rough estimate of a mortgage payment. Here's an example. If you currently pay $1,500 per month in rent, you should be able to comfortably afford a $2,000 monthly mortgage payment after factoring in the tax benefits of homeownership. However, if you're struggling to keep up with your rent, consider what amount would be comfortable and use that for the calcuation instead. Also consider whether or not you'll itemize your deductions. If you take the standard deduction, you can't also deduct mortgage interest payments. Talking to a tax adviser, or using a tax software program to do a "what if" tax return, can help you see your tax situation more clearly.

More from HouseLogic

More on the mortgage interest deduction (http://www.houselogic.com/articles/mortgage-interest-deduction-vital-housing-market/) More on the tax advantages of homeownership (http://www.houselogic.com/articles/tax-tips-homeowners-preparing-2009-returns/)

 Other web resources

A worksheet on home affordability (http://www.ginniemae.gov/2_prequal/intro_questions.asp?Section=YPTH) Freddie Mac information on home affordability (http://www.freddiemac.com/corporate/buyown/english/preparing/right_for_you/afford.html)"
Any questions you may have..just give me a call! Or email...JudyGibbons@remax.net
or send me a message on www.facebook.com/judygibbons

Friday, May 14, 2010

Short Sale Myths..from Certified Distressed Property Expert


Short Sale Myths                                                                   


"A short sale can be an excellent solution for homeowners who must sell and owe more on their homes than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand the reality of this process should you find it meets your current needs.

Myth #1 – The Bank Would Rather Foreclose than Bother with a Short Sale

This is one of the most common misconceptions. The reality is that banks do not want to foreclose on your property because the foreclosure process is incredibly costly. Banks, investors, and even the federal government have all publicly stated that if a person is qualified for a short sale, the deal needs to be considered. Overwhelmingly, banks receive more on their investment through a short sale than a foreclosure.
The qualifications for a short sale include:

1. Financial Hardship – There is a situation causing you to have trouble affording your mortgage.

2. Monthly Income Shortfall – “You have more month than money.” A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage.

3. Insolvency – The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.

Myth #2 – You Must Be Behind on Your Mortgage to Negotiate a Short Sale

While this may have previously been the case, today lenders are looking for verifiable hardship, monthly cash flow shortfall, or pending shortfall and insolvency.

If you meet these three requirements and believe that you soon may be unable to afford your mortgage, act immediately. Any delay could limit your options. Do not wait until the countdown clock to foreclosure has started and you have even less time left.

Myth #3 – There is Not Enough Time to Negotiate a Short Sale Before My Foreclosure

This is a myth that probably hurts homeowners the most. Many do not realize that foreclosure is a process, and that there is time to make decisions that may result in better outcomes.

The foreclosing party—in most cases a lender—can stall a foreclosure up to the final day of the process. Today, many lenders will stall a foreclosure with as little as a phone call from you explaining that you are trying to sell, and almost all lenders will stall a foreclosure with a legitimate contract. For real estate professionals who understand foreclosures and short sales, there is time available until the foreclosure process is complete.

Myth #4 – Listing My Home as a Short Sale is an Embarrassment

It is understandable to have reservations about letting the world know that you owe more on your home than it is worth. However, according to recent estimates, more than one out of eight homeowners in the U.S. is in the same situation. You are to be congratulated for admitting you need help, taking action, and finding a professional who can work with you toward a solution.

With recent estimates showing 40-60% of U.S. sales will be short sales or foreclosures, you are not alone.

Myth #5 – Short Sales are Impossible and Never Get Approved

This is a complete falsehood. Are short sales more difficult to execute? Yes. Do you, as a homeowner, need to learn about a new process? Yes. Are they impossible? Absolutely not.

For example, agents with the Certified Distressed Property Expert® (CDPE) Designation receive thousands of short sale approvals on a monthly basis. These professionals have undergone extensive training in methods to help homeowners in distress and process short sales. While there are no guarantees in any transaction, more and more short sales are being approved regularly. This is far from an impossible process.

Myth #6 – Banks are Waiting on a Bailout and Not Accepting Short Sales

You may have heard this, but the reality is that banks (and the U.S. government) are trying to do anything they can, within reason, to avoid foreclosing on properties. It is preposterous to believe they would deny a short sale in hopes that some future legislation would pass and pay them for losses.
Today, more banks are aggressively pursuing short sales and working with agents who understand how to process them. Freddie Mac recently hosted a national training Webinar for real estate agents where they expressly stated the organizational goal of “eliminating distressed assets through modification or short sale.”

Myth #7 – Buyers are Not Interested in Short Sale Properties

This is a myth that potential sellers hear all the time. Thankfully, this is just not true. In fact, many agents are getting calls from buyers who say they only want to look at foreclosure and short sales.

For buyers, short sales and foreclosures have become synonymous with “good deals.” More specifically, international buyers are targeting these properties. Listing with an experienced agent who is educated in the short sale process will provide you with a great chance of quickly seeing a contract on your property.

In conclusion, Agents with the CDPE Designation have been trained in all aspects of the short sale process, and know how to deal with the parties involved in foreclosures. Finding a CDPE can explain what options you have, and get you on the path to recovery."
 
That's me! I can help you! I am a CDPE and a SFR.
Remember, anything we discuss is confindential!

Thursday, April 29, 2010

Home Sale information for Barrington...WOW! Look at these numbers!


MLS Stats as of March 30, 2010
Mar-09
Mar-10
Total MLS Active Residential Listings
64,710
60,557
Down
-6.42%
Average Market Time of Pending Listings
214
168
Down
-21.50%
Average Market Time of Active Listings
350
192
Down
-45.14%
Number of Solds for Month
3,153
4,371
Up
27.87%
Median Sales Price (for December)
$180,000
$180,000
EVEN
0.00%
Number of Properties Under Contract (Dec)
4,227
6,796
Up
37.80%
Months Supply
12.7
7.0
Down
-44.88%
Percent Under Contract
6.50
11.20
Up
41.96%
Barrington Sold Homes YTD (Thru April 25)
56
84
Up
33.33%
Number of Solds Total Year
7,636
10,127
Up
24.60%

PEOPLE....NOW is the time to sell your home!
Call me if you have any questions!
Cheers!

Thursday, April 22, 2010

Happy Earth Day! Great Article from Houselogic

Here is a lot of great info you can use to save money and help our world be a little greener!
Happy Earth Day!
Here is a picture of me..before we  walked from St. Anne's School in Barrington to the center of town carrying signs for the 1st ever Earth Day! Wow..that was a long time ago...and we as a community have so much farther to go!
Visit houselogic.com for more articles like this.
Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®