Pause for Paws

With millions of dogs and cats as members of American families, there’s a good chance that you've got pets sharing the home you're trying to sell. Since not everyone enjoys the company of animals, there are some measures you should consider taking before prospective buyers come over for a showing.

Pet odors are the biggest problem sellers face, but they can be easily minimized with thorough cleaning and vacuuming, and vigilant duty with the litter boxes. Black lights are available that help you to pinpoint the origin of any mysterious smells. It also makes a good impression if you pick up and store toys, bedding, and food and water bowls while your home is being shown to buyers.

If at all possible, take your dog(s) out with you when an agent brings visitors, or ask a friend or family member to keep your pet during the initial listing period. This will help reduce the stress on your pet at a time when showings are usually more frequent.

Another way to put buyers more at ease with their purchase is to offer a cleaning credit or allowance. Even if you're certain you'll remove all evidence of your beloved pets before vacating your home, the buyers may not share your confidence.

Why not offer these gestures of good will, thereby encouraging a better offer from the buyers?

CBTR Gives Back to the Community Through SAFE Shelter

Savannah, GA—The time between Thanksgiving and Christmas is when most people are on the hunt trying to find the best toy or the hottest gaming system. However for others in our community, this time of the year can cause stress and worry. The agents at Cora Bett Thomas Realty wanted to help those in need and contacted the Safe Shelter to adopt a family of four.

Even though the real estate market has been hit hard by the economic recession, the agents and staff at the luxury real estate firm continued a more than ten-year tradition. They put on their elf hats to fulfill the items on the family’s Christmas list by donating gifts, time, and money. The office celebrated the abundance of giving by hosting a wrapping party on Tuesday, December 16.

“We love being able to bring a smile to the faces of a family in need during the holiday season,” said Meg Albertson, Vice President of Marketing. “It’s so rewarding to give back to our neighbors in Savannah. We hope our gifts will help make this family’s Christmas even brighter.”

Cora Bett Thomas Realty has supported SAFE Shelter’s Adopt-A-Family program, which assists families affected by domestic violence by providing gifts and gift certificates during the holiday season. It is a wonderful tradition that the company looks forward to year after year.

CLICK here to see the video about the SAFE Shelter family.

Keep the Horse Before the Cart

While many buyers are aware that a mortgage pre-approval letter increases their buying confidence and power, most may not understand exactly why pre-approval is so important. Why should you jump through the application hoops before even beginning your home search?

First, you'll know exactly how much loan you can afford, making your initial home search much easier. Why waste your time looking at homes either out of your reach or well below your financial grasp?

Second, pre-approved buyers stand on solid negotiating ground with sellers. Sellers working with well-qualified buyers are more likely to accept the offer and less likely to stall on terms and conditions.

Notice that the topic of this column is "pre-approval," and not "pre-qualification." What's the difference? Pre-qualification is easy - you provide basic information to a lender, and in a few short minutes, you have an answer. Pre-approval requires strict verification of documentation relating to your employment, credit history, sources of income, etc. It takes more time, but is more accurate and carries more weight.

Understand that pre-approval is not binding, and is still subject to a satisfactory appraisal on the prospective purchase. If your financial situation changes, interest rates rise or fall, or the deadline passes, a recalculation will be necessary; but a little legwork now will pay off handsomely as you approach the finish line on your contract.

The Move of a Lifetime

If you're in your fifties, sixties or beyond, you may be facing your first move in decades. The process may seem overwhelming, and you may be anxious about the future and the big changes coming up. However, a trusted real estate agent can help with all the steps along the way, especially with selling your home quickly in a competitive market.

If you've occupied your home for ten, twenty or more years, you'll want to enlist family members to get your home market-ready, and prepare for your move. Beyond the cooperation of friends and family, you might also consider a professional "move manager" to help you settle in to your new home.

These experts are well versed in the complexities associated with moving from a "lifetime home" - the preparation involved in staging your home for showings as well as the organization needed to get you moved with a minimum of hassle and confusion. You are in complete control, while they unclutter the house, pack and organize boxes, make the home sparkle, and arrange for moving, shipping, or donating belongings as you direct.

By showing your home in the best possible light, buyers will be able to picture their own families there. Combined with the real estate agent's marketing tools, this formula can provide a quick and profitable sale while you settle into your new residence!

Flex Your Buying Muscle

Regardless of the causes, most areas around the country are experiencing what is commonly referred to as a "buyer's market." That term might make sellers squirm, but for those purchasing a home, lower prices are just the starting point for negotiation these days.

During the recent "boom" years, buyers often accepted a property "as is," and asked for few concessions, even forgoing inspections and appraisals in an attempt to avoid being dumped for the next qualified buyer in the queue. Now, however, buyers are in the drivers seat and they know it, insisting on a variety of terms in their offers.

The most popular demand now seems to be the "home warranty," whereby the seller purchases a one-year service contract to cover any unexpected system and/or appliance repairs. Of course, this is on top of insisting that sellers pay for all needed repairs exposed by an inspection before closing, or at least an allowance paid to the buyers to cover the expenses.

Just one inspector doesn't seem to be enough, either. Now buyers are looking more closely at lead and radon levels, roofs and foundations, and looking into inspectors who specialize in these areas. Sellers find they need to be more flexible, or the buyers will simply move on to the next seller in the queue. Now is the time to boost your purchase power.

A North American FIRST... Right Here in Savannah!

Savannah is unveiling North America’s first hybrid streetcar - a fully restored, green-powered 1930’s era streetcar as a matter of fact - in operation in celebration of Local Climate Action Week, which begins on December 8th and runs through the 12th.

Pretty cool stuff Savannah!

To read more check out The Creative Coast Alliance - click here!

Appoint An Equity Guardian

Planning to sell your home soon? Do you know how much equity you have? When preparing to sell, determine the amount of equity received from the sale - before marketing your home.

Equity is calculated by deducting the amount you currently owe from the present value of the property. The first step is to make a determination of present value. This can be done in two ways.

Ask your real estate agent to perform a "Comparative Market Analysis," showing the recent sale prices of other homes similar to yours. The purpose is to help you arrive at a reasonable selling price for your property. Another way to establish the current value of your home is to order a certified appraisal, an unbiased evaluation of the "fair market value" of your home.

Now, subtract your current loan balance from the present value. What remains is called “equity,” the part you get to keep upon the sale of your home. It should be carefully guarded from low offers and bargain-hunters.

Your best protection against loss of equity is the representative that you choose. It is the agent's responsibility to attract qualified buyers, and negotiate the highest possible sale price. As your representative, the agent has a fiduciary obligation to represent your best interests. The benefit to you is the enjoyment of the highest possible amount of equity.

Savannah Recycles!

2009 is going to start off with a decidedly "green" foot... YAHOO!!

After many years of negotiation, curbside recycling collection will begin Savannah the week of Jan. 5, 2009. Recyclables will be collected twice monthly on the same day as your regular household waste collection.

Of course, there are a few "rules" that need to be followed to make this project a success but they are the typical do's and don't's of all recycling collections so have no fear!

For more information on the program, visit the City’s website. And keep an eye out for a black and yellow recycling bin, coming to a curbside near you.

It's No Mystery

You don't need a crystal ball to try to predict the future of the real estate market. Every time there is a downturn, an upward trend always follows. The best course of action is to look at the causes, and make decisions based on unbiased facts and incontestable history.

As the choice of loan options grew these last few years, consumers could buy a home more easily. Wall Street took notice of all the hot action in real estate, and investment firms were able to shift the ownership of mortgages to their managers and clients.

Then about three years ago, the market began cooling, as incomes did not increase at the frantic pace that home prices did. Investors had created an atmosphere of unrealistically high appreciation. The perfect storm was brewing.

This cycle of up and then down seems more drastic now, because we enjoyed a longer than usual boom of activity, a full decade of it between 1995 and 2005. But demand still remains high, and although rising slightly, our historically low interest rates also help to fuel property purchases.

While there is no such thing as a national real estate market, we should be seeing improvement across the board as 2009 draws to a close. If you can, it's wise to buy now - before the ball lands back in the sellers' court.

Raise the Curtains

If you're selling in anything other than a hot market, you might find "staging" your home can help generate more interest and offers. You needn't spend thousands of dollars on improvements or professional consultants, however. There are several things you can take into your own hands to improve your home's appeal.

Begin by removing scatter rugs and knickknacks, which can clutter a room. In the kitchen, remove all appliances from the counters except the coffee maker and microwave. Set your dining table in a welcoming fashion, with plates, flatware and napkins.

You might be tempted to throw everything into the closets, but buyers will look there, too, so box everything up and place into storage. Focus on the "feature rooms" - the dining and living areas and master bedroom - keeping additional rooms as sparsely furnished as possible. Do your spring cleaning now, scrubbing the walls and floors and shining up those windows.

It has been estimated that one out of four homes listed are "staged," and "The Complete Idiot's Guide to Staging Your Home to Sell" states that you could gain up to $9,000 on a $200,000 house if it's properly presented. You might spend up to $100 per room in time and money, but that's a pretty small investment for that kind of return. Your real estate representative will have even more suggestions.

Time to Make Lemonade

When one hears the word "foreclosure," images are conjured of families unable to meet their loan commitments, and forced to consider unpleasant options. However, it's not only homeowners that suffer from a foreclosure. Renters can be "out on the street" if their landlord defaults on mortgage payments.

A report from the Mortgage Bankers Association states that nearly 20% of recent foreclosures have been against investors who did not live in the property, and even tenants in good standing face having to vacate the premises if they're renting one of these properties.

Why mention this gloom and doom scenario? Because home values have declined, and buyers are seeing the best deals in many years. While unpleasant for sellers, price declines increase affordability for buyers, so if you've been renting, now is a fantastic time to turn that monthly payment into equity.

Interest rates have inched up, but still-historically low rates combined with very affordable housing yield a formula that should put you in a home that you own for the same amount you are now paying for rent. Not to mention that at a lower purchase price, you'll enjoy some great appreciation over the coming years.

Just because you're renting now, you’re not necessarily safe from suffering the consequences of a foreclosure. Take matters into your own hands and buy yourself some peace of mind.

And Now, The Good News

Consumer Reports recently published a survey, and the results indicate that there is, in fact, some good news in the real estate industry! While foreclosures and other economic factors still exert some negative impact, those buyers and sellers who have worked with real estate professionals expressed a high degree of satisfaction, both with their representatives and with their bottom line.

Nearly 10,000 consumers were surveyed, and nearly three-quarters of those buyers and sellers reported that they were very or completely satisfied with their agent. More good news: 86 percent of sellers who listed with a professional made the sale! (Many of the remaining percentage still had their homes on the market at the time of the survey.)

Other results showed what all agents already know, because over four-fifths of consumers who listed through a broker netted an average of only $5,000 less than their asking price. On the flip side, two-thirds of buyers who used a representative paid about $5,000 less than their purchase's original listing price. (The remaining third, who negotiated on their own, ended up paying very close to the asking price.)

So what do all these statistics mean to you? Regardless of your market’s conditions, when you face the need to buy or sell your home, you'll get the best results when you seek the representation of a qualified real estate professional!

There is a Difference

Ever wondered about the meaning of the term real estate "agent?" Many believe the term "agent" and "salesperson" are synonymous, but as the terms relate to real estate, their difference is quite important.

The dictionary defines "agent" as "a person empowered to act for another." A salesperson is defined as "a person employed to sell goods." Although real estate agents are actively involved in sales work, their responsibilities as an "agent" go much further.

Under the "law of agency," an individual may be employed or "empowered" to act on behalf of another. For example, homeowners may employ a real estate company as their "agent" to represent their interests in locating a buyer. Then the "agent" is obligated to faithfully represent the owners' interests by locating a purchaser at the highest possible price, and on favorable terms.

When the agent represents the sellers, only one obligation - honesty - is owed to the other parties to the transaction. In short, when representing the sellers, the agent acts on their behalf, while treating the buyers with complete integrity.

Does that mean buyers should be wary of agents who represent sellers? Not at all. They should, however, be informed about whom the agent is representing.

Can buyers also be represented by an agent? Of course, but any such arrangement should be formalized in writing, including an agreement regarding compensation.

Whether buying or selling a home, it is wise to know who is represented by whom. If in doubt, ask.

Bring It On Home

Buyers and sellers develop a natural sense of excitement as a transaction's closing date nears. While most aspects should run smoothly, it's wise to be prepared for unexpected delays. Anticipating potential problems before they develop could save untold time and stress.

One pitfall might be the title search. The title is simply legal proof of a property's ownership, but issues such as death, divorce, and liens can cloud the final result. Meet with an attorney to determine and resolve any problems.

Financing can also present snags. If the buyers can't qualify for a loan, the deal falls through. Buyers should begin their mortgage education well in advance of their home search, and sellers should ask a price in line with the home's appraised value. If the appraisal is much lower than the contract price, the lender will likely reject the loan application.

The best situation for buyers (and sellers) is to have a loan pre-approval in hand. It starts with the loan officer performing a review of the buyer's credit, income, and asset v. liability status. A letter of pre-approval should indicate exactly how much home a buyer can afford, and should put sellers more at ease with pre-qualified buyers.

There are myriad aspects to closing the deal, so go over each item thoroughly with your real estate representative and develop your plan of action!

Heads or Tails?

They say that no coin is so thin that it doesn't have two sides, and home prices are not so different. Many who invested like mad in real estate the last few years felt the giddiness of buying low and selling high. Investors are feeling the pinch now, but what about the regular folks who buy and sell their homes not for profit, but simply because they want security for themselves and their families?

Sellers want rising home values, but buyers need affordable housing. Unfortunately, these two concepts are often mutually exclusive. Sellers may not feel as positively about the markets right now, but as long as your house is your "home," you shouldn't be feeling as much pressure as someone who bought a property simply to "flip" it for profit.

If your income remains level, and home prices are falling, it actually makes you richer. How so? Because now you can buy more home for the money.

Ultimately, lower home prices will benefit buyers and the economy. Imagine what your children or grandchildren would be facing if home prices had continued their meteoric rise of a few years ago.

It's easy to see that affordable housing is more important than wild appreciation (which must correct itself eventually). Widespread homeownership results in economic growth, so try to understand and not to fear lower home prices.

Million Dollar Price Reduction!

New Price: $2,500,000
The Landings at Skidaway Island
6 bedrooms / 8.5 bathrooms

Stunning appointments adorn this magnificent six-bedroom, eight and one half bath brick home that epitomizes fine Southern Living. Set in a prestigious gated community, this home has ample living space where Brazilian cherrywood floors extend throughout.The master suite is the crowning jewel with his and her dressing rooms, a private porch, and a lavish marble bath with heated floors and a double shower. Superbly designed for entertaining, the prized residence boasts a beautiful solarium, an award-winning gourmet kitchen enhanced by a glass chandelier and butler's pantry, a pavillion with a wet bar, and a billiards room offering a full bath. A balcony-lined library, a living room featuring a fireplace and an antique mantel, and a grand dining room with a marble fireplace are among other fine interior areas.

Click to view full listing!

Sheltering You and Your Income

It's easy to be swayed by all the negativity swirling around in the real estate industry. However, home ownership offers benefits you just can't get from other forms of investment, regardless of market conditions. In particular, the US tax code makes buying and owning a home a great deal.

First, you can deduct from your income the interest paid on your mortgage. That applies to second homes, too. You may even be able to deduct your loan's insurance premiums. If you've taken out a home equity loan, that interest is also deductible, regardless of how you've used the money.

If you've sold or plan to sell your home, profits up to $250,000 (or $500,000 for married couples) are free from taxation. While some restrictions apply, you won't get that kind of bargain on the sale of stocks, bonds, or other investments.

Now to get back to that mortgage interest deduction: it's almost guaranteed that if you hold a home loan, the interest deduction will help you reach the threshold for claiming all sorts of other itemized deductions above and beyond the standard amount allowed.

So just simply owning a home puts you in the happy position of being able to claim myriad other deductions from your taxable income. Real estate agents are not tax advisers, but they recognize a good deal when they see one!

Looking Good in the Neighborhood

When you look your best, you attract attention. A recent survey of five hundred REALTORS® proves that it's no different when it comes to marketing your home.

82 percent of those polled reported that buyers unimpressed by a home's "curb appeal" won’t be interested in a closer look. Additionally, 90 percent of the agents explained that a sale depends greatly on first impressions walking through the front door.

That same number also reported that the appearance of a home's exterior is equally important as the interior features and condition. When buyers see your home from the street and the front walk, they feel that what they see is what they get.

When you're ready to list, work hard on your curb appeal and make sure the interior displays the same pride of ownership. Then have professional photographs accompany your listing on the Internet, as well as in brochures, newspaper ads, and other marketing tools.

These photos may be the buyers’ first "first impression" to look closer. The more pictures you offer, the better your chance for a quick sale. Listings with one photo sold for 91 percent of the listing price, while those with six or more pictures sold for 95 percent of the asking price. When you do the math, you’ll see that an attractive home plus attractive marketing is the formula for success!

An Empowering Relationship!

Sports agent. Talent agent. Insurance agent. Real estate agent. What significance does the label "agent" hold, and why is it important when buying or selling a home?

Webster's dictionary defines an agent as "a person, firm, etc. empowered to act for another." For an "agency" relationship to exist, there must be a "principal" and an "agent." The principal is the person who empowers another to act as his representative, while the agent is the person empowered to act.

In real estate, an agency relationship is created when a seller signs a "listing agreement." The seller gives the broker authority to act on his behalf to locate a purchaser. The agent must be loyal to his principal, exercise competence, and when negotiating a sale, the agent must protect the principal's financial interests. The agent must also treat all third parties honestly and fairly.

It is also possible for an agency relationship to exist between a buyer and a broker. When this occurs, the broker's fiduciary loyalty is to the buyer, and all sellers must be treated honestly and fairly. In that case, the agent attempts to secure the lowest price and most favorable terms for the buyer, his principal.

Whether buying or selling, it is critical to understand which parties make up the agency relationships. If in doubt, ask the real estate agent for a clarification.

No "Chicken Little"

If you're a homeowner, what do falling prices mean to you? You might assume that it's a bad time to sell. But guess what? It could mean it’s the perfect time to buy the home of your dreams!

Do the math, and you see that market downturns can actually work in your favor. Homes are listing at prices that are truly affordable. If you’ve already built equity in your current home, you could parlay that into the purchase of a terrific property.

When prices do rise again, and you know they will, you will have made an excellent investment for the future. If the home you really want was previously offered at $500,000 but the price has fallen - let's say 20% to $400,000 – that’s a sweet deal, even if your own home has lost some value.

In any home purchase, there are usually some concessions: location, style of architecture, or any number of features. If you made some concessions when you bought your current property, and you can replace the negatives with the positive features you’ve found in another home, now is the time to make your move!

Once the market turns around - and again, you know it will - you'll find your appreciation will be greater in the new, larger home. It's an upgrade at an opportune time that makes good investment sense.

The Long and Short of It

You've been reading negative stories about the housing market, and while some are experiencing a slowdown, it's still no reason to keep you from pursuing the American Dream.

Anyone who's watched the industry for the last thirty years will tell you that it's a natural cycle, much like the adjustments the stock market experiences. All's well that ends well after a period of time passes.

Remember that housing is a long-term investment. Some people tried to create high yields over the short term, and that’s part of the reason so many markets are experiencing readjustments now.

Regardless of whether housing is up or down, individuals and families will always have a need to buy or sell. Home sales last year actually surpassed those of five years ago, which was another record year. Interest rates and prices are at historical lows, creating an excellent atmosphere for qualified buyers.

When reading the gloom and doom about foreclosures, it's important to keep the reports in perspective. Most defaults are associated with sub-prime loans, which account for less than 10% of all mortgages. Of those, only 0.6% are currently in foreclosure.

Now is the time to turn to the advice and guidance of a trusted local real estate professional, whether you're buying or selling. Keep a level head and take advantage of positive forces in the current housing market.

CBTR Student Design Center

SCAD Students & Parents are welcomed to stop by the cbtr student design center located at 616 Barnard Street

Friday, Sept. 12th - Sunday, Sept. 14th from 10am - 4pm

Beaufort, SC Best Place to Retire by the Water

CNNMoney.com announced that Beaufort, SC is one of the top six places to retire by the water!! To read the full article click here.

Find your dream home in Beaufort, SC http://www.corabettthomas.com/beaufort.html

Fall Festivals of Fun… Savannah Style

27th Annual Savannah Jazz Festival - September 20 – 28
19th Annual Savannah Folk Music Festival - October 10 – 12
Oktoberfest - October 3 – 5
Tybee Island Pirate Festival - October 10 – 11
57th Annual Greek Festival - October 16 – 18
12th Annual Festival of the Arts (Tybee) - October 18 – 19
Shalom Y’all Jewish Food Festival - October 26
11th Annual Savannah Film Festival - October 25 – November 11
27th Annual Seafood Festival - October 31 – November 2

Buy More Home Now!

While the pundits determine whether the real estate market is plunging or recovering, buyers are in the unique position of looking at a glass that is half full, not half empty. When sales are slow, that's actually a good thing for qualified buyers, and there has not been a better time to consider finally purchasing that vacation home.

Your second home is not a short-term investment, like those that have been "flipped" in recent years. Your vacation home is meant to be a long-term investment that pays big dividends not only in appreciation, but also in recreation and great family memories.

Today's market allows you to take more time to do your research and make your decision. Start by connecting with a real estate agent in the area you're interested in, and have them watch that market like a hawk to alert you to possible buying opportunities.

Don't focus on what the market is doing now... look ahead and consider the value of your purchase several years from now. Because real estate nearly always appreciates, you can buy more home now than you could further down the line.

Property is still a terrific long-term investment, regardless of current market conditions. Knowing that you can always rent your second home might just prove to be a great strategy for making second home ownership a real possibility!

2008 Savannah Film Festival

2008 Savannah Film Festival
October 25 - November 1, 2008

Tickets on sale now -- http://www.scad.edu/filmfest/

This week's OPEN HOUSES

Sunday, August 24

2-4 PM
50 Wylly Avenue
$399,900
Isle of Hope

615 East 48th Street
$310,000
Ardsley Park

3-5 PM
2902 River Dr., Unit 101A
$479,000
Thunderbolt Harbour

Don't Compare...Compete!

As you prepare to list your home, you'll need to determine how to set your asking price. You may come across the term Comparative Market Analysis, which is used as a tool for gauging the perceived value of your home. However, as a seller, you should think of that informal appraisal more as a COMPETITIVE Market Analysis.

Why? Because comparisons can be very subjective, and while buyers may "compare" several homes, sellers must "compete" against other properties. No matter how unique you believe your home to be, it doesn't really matter how it compares to others until you have priced it to compete successfully against them.

In today's real estate market, past sales may not necessarily reflect the present reality. Similar listings compete by asking the lowest price for the perceived value, with price and value representing different sides of the same coin.

When you speak with a real estate agent, he or she will explain how your home must challenge the competition with savvy marketing, spotless presentation, and aggressive pricing. That is how to attract the interest of other agents and buyers.

Remember, it is the prospective buyers who will be making the comparisons. It's your responsibility as a seller to compete for their best offer in a challenging marketplace. Ask your representative today for a Competitive Market Analysis to get the ball rolling.

Bi-lingual Agent Joins Cora Bett Thomas Realty

Real estate professional Sonja Bannon recently joined Cora Bett Thomas Realty & Associates as an associate broker. In her new position, Bannon represents clients in buying and selling distinctive property throughout the greater Savannah area.

We warmly welcome Sonja to our team of accomplished sales professionals,” said Cora Bett Thomas, founder and CEO of Cora Bett Thomas Realty & Associates. “Her diverse background in residential sales and multi-unit investment real estate in the Savannah area will be advantageous to both our business and clients.”

Bannon is also bi-lingual in French and English. This is an amazing trait for an agent in the market at this time with European investors looking for property in the United States. Prior to joining Cora Bett Thomas Realty, Bannon worked as an agent with Judge Realty and Seabolt Brokers in Savannah.

For view Sonja's bio and see her listings please click here!

An Ocean of Options

As a buyer, you may find yourself drifting on an ocean of financing options. As lenders tighten their requirements, there are a few aspects of the loan application of which you should be aware before applying for a mortgage.

First, determine whether you are seeking "pre-qualification" or "pre-approval." What's the difference? Generally speaking, when you are pre-qualified, the lender reviews your information and hazards a "best guess" as to the size of loan for which you would qualify.

In the pre-approval process, however, the lender verifies everything on your application, and offers to approve a certain amount at a certain interest rate. Either way, the final loan is only cleared upon receipt of an acceptable appraisal, title check, last-minute credit check, and other verifications. Usually, a pre-approval puts you on stronger buying ground.

A critical aspect of your application is your credit score. Excessive credit, like car loans and credit cards, can sometimes prove as unattractive to lenders as bad or no credit, so make sure that you have plenty of credit available before applying, and put off major purchases until after you've bought your home.

Finally, investigate all of your loan options, compare worst-case scenarios, and do your math. If you need guidance, seek it from a local mortgage specialist or real estate agent who is well versed in current market and lending conditions.

Cora Bett Thomas Realty Agents Recognized for Internet Marketing Excellence

Nationally renowned real estate marketing and technology speaker and REALTOR.com® Vice President, Max Pigman, recently presented Marjorie Maddox and Peter Nelsen of Cora Bett Thomas Realty the “Real Estate Online Marketing Award of Excellence.” The Award of Excellence recognizes top agents who consistently provide great marketing services on behalf of their buyers and sellers.

“There are always some real estate agents who distinguish themselves from other agents by doing a little more for their sellers.” says Max Pigman, Vice President of REALTOR.com®. Cora Bett Thomas Realty provides it agents with enhanced features for every listing on REALTOR.com. The enhanced features provided to all agents are additional photos, customized headlines, video tours, and showcase status for each listing.

“Our agents and clients appreciate that we help bring more attention to the unique selling attributes of their home and ultimately help attract more qualified buyers. Buyers are also appreciative of a well presented home that has a better description and more ways to learn about the property before arranging an appointment,” said Cora Bett Thomas, president and CEO of Cora Bett Thomas Realty.

The excellence award was presented to Maddox and Nelsen and other agents at a recent real estate marketing and technology seminar that demonstrated cutting edge techniques for leveraging the Internet and technology in real estate marketing. “Videos have become an essential tool for marketing a home. I add videos to my listings because buyers today want the whole story. Pictures can hide defects or undesirable features, but with video everything is there. There are no surprises that could waste the time of a buyer,” said Nelsen. The agents at Cora Bett Thomas Realty have received positive responses from buyers and sellers alike.

Three Possible Choices

There are many factors that affect how you'll price your home when you're ready to sell. In spite of market conditions, interest rates, and so on, every transaction is unique. So you should seek the assistance of an agent and prepare yourself and your home well in advance of placing the For Sale sign out front.

Sometimes a home will have three different possible prices: the price the sellers want to net, the price the buyers would like to offer, and the final sales price agreed upon by both parties. Your home's ultimate value is determined by other local sale prices, which are often a product of supply and demand.

The asking price or the offered price are not the whole story, however. While an offer of $200,000 doesn't seem to appear as good as an offer of $210,000, pay close attention to the terms attached to that higher offer. If the buyers also want you to offset closing costs and deduct for a decorating allowance, the "clean" offer of $200,000 might actually put more money in your pocket.

It's wise to seek representation and assistance with pricing, marketing, negotiation and closing. Put a real estate agent with local experience to work for you. Once armed with the facts relating to terms and conditions of local sales, you can move forward with confidence in your listing.

Bricks Beat Paper!

Yes, there's been trouble in real estate paradise, and no matter the causes, the dramatic results have been experienced across the country. Before assuming that housing is a risky investment, please understand that owning a home offers countless advantages over stocks and other securities.

First, home ownership lets you put in a little money and get the whole house. Money in stocks only buys a very small piece of the company.

You also benefit because the government "bribes" you into buying a home by offering scores of tax write-offs, like mortgage interest, property taxes, depreciation - you may even avoid capital gains taxes.

As homeowner, you’re also the sole shareholder! YOU control what to buy and what to pay. YOU choose how to increase value through improvements. Try to exercise that kind of power at a company shareholders meeting of thousands!

Stocks incur risk because they may become worthless. That’s extremely unlikely with your home. Even in the worst periods, homes retain most of their value. Fluctuations over a couple years eventually balance. What you haven't heard widely reported is that housing lost value in only ONE year out of the last thirty-five.

But the undeniable advantage of a home over a stock certificate? Quite simply, you can't live, dream, raise a family, and feel secure with only a piece of paper over your heads!

Open House

Sunday - August 3, 2008

2:00 - 4:00 PM
Southside
5 Dalry Lane
$449,000


3:00 - 5:00 PM
Historic District
429 East York
$495,000

Southbridge
109 Baymeadow Pt.
$697,300

Seeing Green?

With global climate change and rising fuel prices, more people are growing interested in boosting energy efficiency, and homebuyers are among them. What improvements might you consider in order to make your home more marketable in the Environmental Age?

Believe it or not, simply caulking and weather-stripping your windows and doors are two of the quickest (and cheapest) ways to show off your home's efficiency. If you're ready to take the next step, upgrade your appliances to Energy Star standards to make a big impression. (You can research your current models at http://www.energystar.gov/.)

Along those lines, you can ask your utility company to visit your home and perform an energy audit. It costs around $100 and takes only about an hour. Doing this in advance of your listing can be a powerful marketing tool, especially if you receive a good report or you make improvements based on its findings.

For instance, in an older home, you might go ahead and insulate your attic, helping your home retain heat and reducing your electric or fuel bills. Buyers who are made aware of this feature and the savings will likely move your home up their list of choices.

With all the other preparations involved in selling your home, it's easy to overlook the benefits of energy efficiency, but buyers are looking for them, so start seeing green!

Keep the Cart Behind the Horse

It's probably no surprise that nearly all buyers require financing for their home purchase. The real challenge is not so much in getting the loan as it is in finding the loan that's right for you.

The time to start your loan search is before you begin looking at homes. After you've reviewed your loan options, you'll have a better idea of just how much home you can afford.

Starting early also gives you an edge when you offer to purchase a property, because most contracts will specify that you have to apply for financing within a certain amount of time, usually seven to ten days. Meeting with a lender in advance prevents your having to rush into a loan decision.

You'll also have an advantage with sellers, because an offer to purchase from a pre-approved buyer is more attractive to sellers who won't have to worry about whether you'll qualify for financing. It demonstrates to both you and the sellers that you have the financial strength to complete the purchase on schedule.

Many real estate agents have experience and relationships with local lenders, and can suggest one or more lenders who offer a variety of loans with competitive terms and quality service. Your mortgage is as individual as you are, so take the time early on to match a loan to your particular needs.

Ready To Open Up?

There's been discussion among professionals in the real estate business for years now regarding the value of holding open houses. The National Association of REALTORS® conducted a survey last year that revealed 80 percent of buyers used the Internet for property searches, but only 42 percent visited open houses. What gives, and are open houses a waste of everyone's time?

The answer varies according to whom you ask, and there are good arguments on both sides. Some agents feel that truly serious buyers do their searching well in advance, and choose to make appointments to see the homes that really excite them.

Other agents have learned that buyers enjoy the freedom of seeing properties without an appointment and without the company of a representative when they visit. Sellers, on the other hand, sometimes expect agents to host open houses to show that they're working hard for their compensation.

Real estate agents often begin developing relationships with buyers through open houses. By learning the needs of particular buyers at an open house, the agent may be able to direct those buyers to another home that's better suited to their needs – perhaps yours!

In a nutshell, both sides can be equally argued, but the sale of your home is as unique as you are. Discuss the potential benefits and deterrents of an open house with your agent.

'Forrest Gump' swims from Tybee to Hilton Head Island

Swimming has been a part of Nash McIntosh's life since he was a youngster growing up at Isle of Hope. He swam competitively in college and while serving in the U.S. Navy, and most every day takes the plunge at Tybee Island.

So friends weren't too surprised when they heard that Nash, who is an associate for Cora Bett Thomas Realty and a character in his own right, decided to swim from Tybee Island to Hilton Head Island. He attempted the feat three times before but gave out while en route.

"I'm pretty good at failures, but I'm like Forrest Gump," Nash said, referring to the quirky movie character of the same name who was enthusiastic about everything he attempted. "I just keep on swimming."

When Nash turned 70 in May, he decided to try the Tybee/Hilton Head swim once again in recognition of reaching such a milestone in his life. This time he studied the tide, the currents and the shipping schedules before his sea adventure.

Click here for full story.

Contact Polly at 912-352-8670, e-mail pollparrot54@bellsouth.net or write to her c/o 5 Majestic Oaks Circle, Savannah, GA 31406.

Hello, FICO!

You'd have to be living on another planet if you haven’t heard reports of subprime mortgages and their effect on the real estate industry. If you're planning to buy a home, it's apparent that loan qualification these days is more challenging. Sellers also feel the effect from fewer qualified buyers who can make a confident, full price offer.

In preparing a loan application, the most critical factor is usually your FICO score (developed by the Fair Isaac Corporation). You may be aware that your score can range from 300 to 850 points, and that your score affects your terms and interest rate. However, there are some details you may find interesting.

You don't have simply one score, you have three - one from each credit reporting bureau (Equifax, Experian and TransUnion), and each score may differ by as many as 100 points. Your score is formulated from percentages of five different factors: your payment history (35%), your debt (30%), length of your credit history (15%), your credit types (10%), and any newly issued credit (10%).

In order to qualify for a "prime" loan, you'll need a FICO score of at least 620, but you'll get the best terms and interest rate if your score is above 720. Your best bet is to check your scores and reported history well in advance of a planned purchase.

Certify That Pre-Owned Home!

If you're looking for a competitive edge in the sale of your home, your real estate agent may have an unexpected suggestion. Although many sellers assume that it is the responsibility of the buyers to pay for an inspection, having one performed before you even list your home can go a long way towards attracting a full price offer from confident buyers.

Think about it. If you're aware of flaws and needed repairs before you begin marketing your home, you can correct potential problems before the buyers even have a chance to think about negotiating a lower price for repairs. Sellers can expect an offer that is two dollars less for every dollar in needed improvements, so why would you give away that money when you can save it by simply investing in a pre-listing inspection?

A pre-listing inspection also reduces time and stress before closing, because there's no rushing around trying to get requested repairs done on the buyer's schedule. You're also establishing good will right off the bat, creating an atmosphere of trust and honesty up front.

All of these aspects greatly increase the chances that the buyers will offer full price and follow through to closing without any doubts, delays or picky negotiations. Like a quality used car, giving your home the "Certified Pre-Owned" label will encourage the buyer's seal of approval!

Turning Rent Into Equity!

Larger home inventories coupled with tougher financing requirements have made it difficult for both sellers and buyers to achieve their respective goals. In the search for creative solutions, one has recently begun catching on - Rent To Own.

The advantage for buyers is that a portion of your rent payment is put into an escrow account to be used eventually for downpayment on a traditional loan. You can begin building equity before you've even applied for financing! If your credit is less than perfect or you simply haven't the funds available for a significant downpayment, this could be a great opportunity.

Sellers also benefit from receiving income from the tenants and the likelihood that they will eventually purchase the home outright. However, caution must be exercised, and you can protect yourself by seeking the advice and services of a real estate agent. Many agents can even manage the property for you.

Consider who will maintain the property and what percentage of the rent will go towards the downpayment. What will happen if one party wants to back out of the deal or if the renters don't eventually qualify for financing?

These are just a handful of the questions and concerns associated with this otherwise mutually beneficial arrangement. If you're facing challenges as a buyer or seller, consult with an agent today to discuss the possibilities.

OPEN HOUSE | Saturday & Sunday | June 14 & 15

OPEN HOUSE Saturday, June 14

105 Coach House Square 1 - 3 PM
Pooler Morgan Pines
$199,5000


OPEN HOUSE Sunday, June 15

411 East Huntingdon Street 2 - 4 PM
Historic District
$439,000

424 East 31st Street 3 - 5 PM
Historic District
$349,000

404 East 51st Street 2-4 PM
Ardsley Park
$269,000

Before It's Too Late!

Foreclosure is forcing the sale of many homes, putting homeowners in a very stressful and challenging position. While most people think of real estate agents as mediators between buyers and sellers, realty professionals also work with lenders, who are likewise facing challenges.

Financial giant Freddie Mac commissioned a survey, finding that 58 percent of homeowners who are delinquent in their payments didn't know that lenders offer many ways to help. They also didn't realize that free counseling is available for those facing default.

For instance, did you know that a missed payment could be added to your loan balance? Or that you can extend the term of your mortgage? It will take longer to pay off, but it keeps you in your home.

That's another frequently misunderstood point. Banks really don't want to take your home back - they want YOU to keep it and pay for its maintenance and property taxes and so on. Banks are in the business of lending (and making) money, not in maintaining real estate.

While help offered by lenders and assistance organizations can save four out of five homes from foreclosure, the sad fact is that most homeowners simply don't find that help until it's too late.

Please, protect your investment and your community's property values by availing yourself of the assistance that's freely available. Don't wait another moment.

Cora Bett Thomas Keynote Speaker at the Savannah Downtown Business Association

Cora Bett Thomas recently spoke at the Savannah Downtown Business Association’s Leadership Luncheon Series at the First City Club on May 14, 2008.Thomas spoke to the group about the growth and vision of real estate in, “Downtown Savannah: Looking Forward…Forward Looking.” She also spoke about her success and personal experiences she has had starting a small business in Savannah.Attendance at the leadership luncheon was near an all time high to hear Thomas speak. The group was particularly interested because Thomas represents everything that is the Savannah Downtown Business Association. Cora Bett Thomas built her company to promote quality and it has prospered in the unique environment that is Downtown Savannah.

Savannah named in "Top 100 Places to Live"

RelocateAmerica.com has named Savannah one of America's "Top 100 Places to Live"

Plenty of Fish in the Sea!

While many areas around the country are experiencing a "buyer's market," you need to exercise caution when offering to purchase at below asking price. Bargaining is indeed an art, and the last thing you want to do is to insult the sellers.

An unreasonably low offer risks angering the sellers to the point where they won't even make a counter-offer. In general, an offer more than 10% below asking price is not customary and faces possible rejection, but there are ways to proceed with respect when you feel that a lower offer is substantiated.

Sit down with your representative and make a list of reasons to share with the seller about why your offer is less than asking price; or, strongly consider negotiating other terms of the purchase, such as closing costs or repairs. A reduction on those aspects can still yield great savings.

Whenever you are in the presence of the sellers, kindly exhibit proper etiquette and respect. Consult with your representative before any meeting to make sure you're both on the same page.

Ultimately, the best way to make your offer with confidence is to realize that there are many attractive homes for sale in your price range. If a seller rejects your offer outright, avail yourself of the other suitable properties on the well-prepared list of possibilities provided by your representative.

Hot Sales in Cool Markets!

While some real estate markets are experiencing increasing listing times and decreasing sales, others are still doing well or even booming. Regardless of which applies, how do you position yourself for a quick, full-price sale? Even in slow markets, some houses sell quite quickly, and it's for the very same reasons that they would in a hot market.

The best performers these days are older homes with three bedrooms and two baths. In addition to those features, they are priced a few thousand dollars below the area's average asking price.

You won’t consider competitive pricing a concession when offers come in more quickly and with less negotiation. Peace of mind and a quick sale are more than worth the difference between your asking price and that of your competition.

The second common denominator among successful sales in slow markets is the fact that the properties show like model homes. Sure, location is critical, but it's condition, condition, condition that helps to set your offering apart from other homes on the market at the same price.

The final factor these sales share? Aggressive marketing by a real estate agent. A professional who shows your home to an already qualified and motivated group of buyers is worth his or her weight in gold at the closing table. Combine price, condition, and marketing for a satisfying sales result!

Timing Isn't Everything

In light of declining sales and tougher loan requirements, many potential buyers are asking if they should buy now, or wait several months before moving forward with a decision. The thing is, you can't time the real estate market any more than you can time the stock market. Simply put, the best time to buy is simply when you need to do so.

Start searching now, targeting your preferred locations and getting a sense of the local trends. Speak with local realty professionals to gauge listing times, list-to-sale ratios, and contract terms. There’s no such thing as a “national” market, and every area is going through its own adjustments, up or down.

Now is a good time to begin your loan search as well, to determine how much home you can afford, and to start assembling the required paperwork. If you're not pressured to move right now, securing loan pre-approval will give you the chance to immediately take advantage if an excellent purchase opportunity appears.

Owners who are pressured to sell for reasons like foreclosure or job relocation may be more willing to negotiate, but if you really love a particular home, don't lose it by haggling over a few thousand dollars. A home is not a stock certificate. In a buyers market, take your time, do your homework, and make the most of it.

Truth or Consequences!

It's more difficult than ever to realistically and successfully price your home for sale. Many economic factors affect your pricing decision. Agents present you with the facts, but the final determination of asking price is yours and yours alone. So contact a representative and familiarize yourself with the following criteria.

There are more homes for sale now than in the past. Larger inventories exist mainly due to the fact that many sellers waited to list, trying to catch the top of the market. Now they're trying to sell before it bottoms out.

While still historically low, mortgage rates are creeping up. Every rate increase disqualifies a segment of buyers for financing, negatively impacting your selling ability.

Besides higher interest rates, buyers are subject to stricter loan application requirements. Again, the higher downpayments and credit scores needed for financing eliminate many applicants from your pool of prospective buyers.

Are there homes in your neighborhood that investors couldn't "flip"? Then they are either vacant or listed below market value by owners who would rather take the loss than become landlords. Either way, these homes and foreclosed properties adversely affect property values of others in your community.

This is reality. Expect your agent to be completely honest with you about it, and learn that trust, reason and determination will create a sale, even in a down market.

Stepping Up to Down Markets

Remember the ancient curse, "May you live in interesting times?" While many are indeed cursing the current real estate climate, others see opportunities. In a "soft" market, the short-term options dwindle, but seasoned investors in for the long haul are positioned to take advantage.

In the words of billionaire J. Paul Getty, "Buy when everyone else is selling and hold until everyone else is buying." Just like the stock market, more money is often made in a down cycle than in an up market.

Slower times encourage sellers to be more open to negotiation. Combine acceptance of lower prices with currently low interest rates, and you've got the perfect recipe for bargains. Real estate is continually cycling, and it's guaranteed that prices will rise again. The time to get in is now, before that begins to happen.

A "buy and hold" strategy works in this market, while your property appreciates. While you wait, consider leasing it. The property can pay for itself with rent collected, and an investor that can pay off a small mortgage is in an excellent position indeed.

Learn from your real estate agent and tax advisor how a "1031 Exchange" can greatly reduce your tax liability when it does come time to sell your investment. Now is the time to get in, but be sure to know how you'll get out, too!

OPEN HOUSE | May 10 & 11 | 2-4 PM

SATURDAY, MAY 10

Lofts on Broughton

LIVE MODERN

Condominums from $249,900 and up

This is the first offering of finished space by the Lofts on Broughton

OPEN HOUSE

Saturday, May 10 - 2-4 PM

310 West Broughton Street

SUNDAY, May 11

Cobblestone Row

New Construction in Historic Savannah

From $299,900 and up

Opportunity knocks, stroll over to see great new townhomes with

garages and carriage house apartments

OPEN HOUSE

Sunday, May 11 - 2-4 PM

308 East 31 Street

Michael Jewett Joins Cora Bett Thomas Realty & Associates

SAVANNAH, Ga. – D. Michael Jewett, a real estate professional who specializes in the listing and sale of luxury residential property, recently joined Cora Bett Thomas Realty & Associates as a sales associate. In his new position, Michael represents clients in buying and selling distinctive property throughout the South Carolina Lowcountry area.

An exclusive affiliate of Christie’s Great Estates, Cora Bett Thomas Realty & Associates is considered by many to be the pre-eminent real estate marketing firm serving coastal Georgia and South Carolina. The firm was recently the recipient of a Leading Real Estate Companies of the World® Member Achievement Award as well as two first place awards in the Leading Real Estate Companies of the World® Marketing Contest with a 1st Place - Company Brand Advertising category and another 1st Place - Property Advertising category.

“We warmly welcome Michael to our team of accomplished sales professionals,” said Cora Bett Thomas, founder and CEO of Cora Bett Thomas Realty & Associates. “Our firm and our clients will truly benefit from his extensive experience and knowledge.”

Click here for more on Michael Jewett

In Your Own Backyard!

Are you aware that over two million people in the United States have real estate licenses? With that many practitioners, the seed quickly separates from the chaff, with a small percentage rising to the top in quality service to buyers and sellers.

As you consider the mountains of documentation, financing, negotiating, marketing, inspections and the like, where would you begin to locate the agent best suited to your needs? It makes sense to start at home, with those individuals who participate in neighborhood organizations, local government, charities, etc.

It makes sense to work with someone who is active within and knowledgeable about the local community. More information for your choice of representative can be found through open houses, advertising, and referrals and recommendations from other agents, neighbors, and local business leaders.

Once you've interviewed and selected a real estate agent, make sure your relationship is clearly defined and documented. Some agents represent sellers, while others exclusively represent buyers. Make sure your representative explains how he or she works with all parties to the transaction, and provides a complete "agency disclosure" to document your relationship.

Then your agent will begin discussion of local market conditions and how they come to bear upon your listing or your purchase. A carefully selected representative from your community will provide all the information you need to move forward with confidence.

OPEN HOUSE WEEKEND - May 3-4

SATURDAY, MAY 3rd

Lofts on Broughton - 301 West Broughton St
$149,000 - $449,900
Historic District
Open House 2-4 pm

201 East York St
$475,000 - $720,000
Historic District

Open House 1-4 pm

SUNDAY, MAY 4th

113 East 53rd St
$279,900
Ardsley Park
Open House 2-5 pm

Cobblestone Row - 308 East 31st St.
$299,900 and up
Thomas Square / Victorian District
OPEN HOUSE 2-4 pm

6 Wilton Lane
$349,000
Olde Town – Wilmington Island

Open House 3-5 pm

610 Habersham St
$535,000
Historic District

Open House 2-4 pm

109 Baymeadow Pt
$697,300
Southbridge
Open House 3-5 pm

AVOID THE RED TAG!

Have you ever noticed clothing sales that advertise “seconds” at greatly reduced prices? The “second” quality merchandise may exhibit flaws like uneven seams and pulled stitches, and capitalizes on the slightly lower quality in exchange for a lower price.

Much like those “mark downs,” a home being offered for sale with obvious flaws also invites a lower price. Homebuyers, like other savvy shoppers, quickly become aware of needed repairs, and then begin scrutinizing the home for other defects.

If you plan to sell your home and expect to receive full price, be certain that all needed repairs are completed before the “For Sale” sign appears out front. If you don't, expect to receive about $2 less for each $1 in needed repairs.

Protect your investment by asking an agent for advice. They will walk through your home as a buyer would, making notes of all apparent defects that attract attention. This could range from a cracked windowpane to carpet in need of replacement. No matter what the flaw may be, if it attracts attention, it also becomes a point on which the buyer may negotiate a lower sale price.

Your real estate agent can guide you further by providing marketing tips to make your home more attractive to buyers. Remember that by offering a “first quality" home, you may expect to receive the best price.

Welcome SCAD Parents

Why RENT When You Can BUY?

While you are enjoying the SCAD Parents Weekend

and the Sidewalk Arts Festival please feel free to also stop in our office at 24 East Oglethorpe Avenue

and take a look at the amazing properties that are perfect for your SCAD student.

111 West 57th St
Near Montgomery Hall
$99,900

31 West 52nd St
Near Montgomery Hall
$99,900

The Commons - 401 North Cromwell A-2
Wilmington Island
$112,000

The Merritt - 1517 Whitemarsh Way
Whitemarsh Island

$119,990 – $203,000

110 Brown Pelican Dr
Southside
$149,900

3602 Montgomery St
Midtown
$165,000

137 West 51st St
Near Montgomery Hall
$180,000

Herty Lofts, Unit 209 - 1835 Skidaway Rd
East Side / Near Gordonston
$186,500

120 Brady St
Thomas Square / Victorian District

$195,000

216 East State St
Historic District
$199,500

208 East Jones St
Historic District
$199,900

2514 Abercorn St
Victorian District
$210,000 - $295,000

101 East Gaston St, Unit 3B
Historic District
$215,000

523 East Anderson St
Victorian District
$228,000

24 East Macon, Unit 3
Historic District
$239,000

Newwalk Arwood - 805 Whitaker St
Historic District
$249,900

545 East Gordon St
Historic District
$289,000

116 West Liberty St
Historic District
$295,000

411 West Congress St
Historic District
$295,000 - $299,000

103 West 31st St
Thomas Square / Victorian District
$300,000

557 East Jones St
Historic District
$309,000

412 Price St
Historic District
$315,000

15 East Jones St
Historic District
$315,000

527 East Waldburg St
Victorian District
$339,000

317 Lorch St
Victorian District
$349,000

308 East 31st St
Thomas Square / Victorian District
$359,900

The Lafayette - 321 Abercorn St, Unit 408
Historic District
$365,000

318 West Jones St
Historic District
$383,000

322 West Jones St
Gardens District
$399,900

317 East Huntingdon St
Historic District
$465,000

501 East Park Ave
Victorian District
$475,000

610 Habersham St
Historic District
$535,000

OPEN HOUSES | Saturday & Sunday | April 26 & 27

NOW is the time to buy! Come view our OPEN HOUSES!

Saturday, April 26, 2008

2514 Abercorn St.
Victorian District
$210,000 - $295,000
OPEN HOUSE 1-4 pm

Lofts on Broughton - 310-322 West Broughton St.
$249,900 and up

Historic District
OPEN HOUSE 2-4 pm

Newwalk Arwood - 805 Whitaker St.

$249,000 - $279,000

Historic District

OPEN HOUSE 1-4 pm

Cobblestone Row - 308-316 East 31st St.
$299,000 and up

Thomas Square District
OPEN HOUSE 1-5 pm

107 Whitaker St.
$699,000
Commercial Space
Historic District
OPEN HOUSE 2-4 pm

Sunday, April 27, 2008

Cobblestone Row - 308-316 East 31st St.
$299,000 and up
OPEN HOUSE 1-5 pm

557 East Jones St.
$309,000
Historic District
OPEN HOUSE 3-5 pm

412 Price St.
$315,000
Historic Downtown
OPEN HOUSE 2-4 pm

15 East Jones St, Unit 2B

$315,000

Historic District

OPEN HOUSE 1-4 pm

333 Whitaker St.

$439,900

Historic District

OPEN HOUSE 3-5 pm

702 East 44th St.
$598,500
Ardsley Park

OPEN HOUSE 3-5 pm

Cora Bett Thomas Realty & Associates Brings Home First Place (Again) in International Marketing Contest

Cora Bett Thomas, founder and CEO of Cora Bett Thomas Realty & Associates and Judy Nease, Broker-In-Charge, recently attended the 2008 Leading Real Estate Companies of the World® and Luxury Portfolio conferences at the Boca Raton Resort & Club in Boca Raton, FL. About 800 real estate brokers, managers, relocation professionals, sponsors and guests from the U.S. and 11 countries around the world participated in the annual event.

Cora Bett Thomas is proud to announce that Cora Bett Thomas Realty & Associates’ is the recipient of a Leading Real Estate Companies of the World® Member Achievement Award as well as two first place awards in the Leading Real Estate Companies of the World® Marketing Contest held in conjunction with the conferences.

Leading Real Estate Solutions™ Award
Cora Bett Thomas Realty & Associates received the Leading Real Estate Solutions™ Award for their active participation with Leading Real Estate Solutions™ programs. Leading Real Estate Solutions is devoted to supporting the competitiveness of LeadingRE affiliates through the development of strategic alliances with top providers of real estate products and services.

First Place International Marketing Awards
Two award-winning advertising campaigns received top honors with a 1st Place - Company Brand Advertising category and another 1st Place - Property Advertising category. The ad campaigns were chosen based on creativity, incorporation of Leading Real Estate Companies of the World® material and/or graphics and overall presentation and effectiveness. Cora Bett Thomas Realty & Associates was presented with the two first place awards at the annual conference..

“The Marketing Contest showcases some of the finest marketing in the industry and is a tremendous opportunity for our affiliates to share strategies for branding, advertising and company promotion,” said Robin LaSure, LeadingRE vice president of communications. “We commend Cora Bett Thomas Realty & Associates for earning this prestigious distinction.”

“I am so proud of our talented marketing team for this outstanding achievement,” said Cora Bett Thomas, founder and CEO of Cora Bett Thomas Realty & Associates. “This is the second year in a row we have brought home the gold and our marketing team’s creativity and hard work has truly paid off. Since our company’s inception, marketing has been a critical key to our success. We look forward to continuing to create even more ambitious, state-of-the-art marketing initiatives in 2008 and beyond.”

With listings for the area’s finest residential and commercial properties, Cora Bett Thomas Realty & Associates’ affiliations also include Christie’s Great Estates, Who’s Who in Luxury Real Estate, and The Board of Regents. The firm dominates the luxury real estate market along the Georgia and South Carolina coast.

As a member of LeadingRE, Cora Bett Thomas Realty & Associates can assist individuals relocating to virtually any community in the U.S. or abroad and can meet corporate relocation needs through the network’s sister relocation company, RELO Direct®. Participation in the network’s home listing website, RELOHomeSearch.com, and luxury home marketing program, Luxury Portfolio Fine Property Collection™ bring world wide exposure to Cora Bett Thomas Realty & Associates’ home listings.

Jump-Start Your Home's Heart!

As a seller in the current real estate climate (or any market, for that matter), you know that your home's features must stand out against those of the competition. First you need to understand what buyers are looking for, and then you must decide how much money and elbow grease to invest to make those wishes come true.

History shows that the kitchen is the best place to make your impression, and it can be done for less than a king's ransom. Got old linoleum, vinyl or chipped tiles on your kitchen floor? You can install laminate that looks like new tile, stone or wood for just $1 to $5 per square foot!

You can show off your flooring with updated light fixtures. Under-cabinet lighting is easily installed, and a gorgeous overhead light will brighten things up for less than $100.

A coat of fresh paint and some new hardware are very reasonable ways to go if you want your old cabinets to impress new homeowners, and chipped appliances can be re-enameled to their original luster. It may cost just a few hundred dollars, but you'd be well advised to hire a professional for this kind of refinishing.

For more budget-wise suggestions, ask a real estate agent to do a "walk through" of your home before the first potential buyers come through that front door!