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Displaying blog entries 1-10 of 13

How to Buy a HUD Home

by David Tyler Mills

Here at McNaughton Real Estate, we are asked everyday on how to buy a HUD home.  Rightfully so, HUD homes are the hot topic in terms of getting the most value out of your investment.  Believe it or not, it is surprisingly easy to buy your own.

  1. Get a Pre-Approved letter.
  2. View the Property with a McNaughton Realtor®.
  3. Submit your Bid.
  4. Submit your Contract Package to Asset Manager.

Not only is it that easy, we’ll do steps 3 and 4 for you!  Don’t let the buying process keep you from a great investment.  Check out all the HUD homes in Northwest Arkansas at www.allNWAhomes.com and give us a call!

RD Loans

by David Tyler Mills

Luckily for Northwest Arkansas, banks offer a financial loan option known as Rural Development Loans (RD).  In many areas, this loan allows you to have 100% financing (meaning NO MONEY DOWN), and sometimes it allows you to finance your closing costs.  Give Kelly Franks a phone call at 479-387-4387 to find out if you qualify for this product.  It only takes 15 minutes!


Home Inspections

by David Tyler Mills

When purchasing a home, one of the most important steps you should take is having a home inspection.  Most home inspections cost about $275, and it well worth the money considering that buying a home is one of the biggest investments most people will make.  Many homeowners that failed to have their home inspected find that their repair bills in the thousands.  If you would like a referral to a home inspector, give us a call!

Homes are selling fast!

by David Tyler Mills

It's a buyer's market!  Homes are selling fast here in Northwest Arkansas.  Give us a call to help you find some amazing deals on any home ranging from HUD homes to short sales to quality homes to much more!


Available Rental Properties (2/21/2012)

by David Tyler Mills

The following are our available rental properties.  Give us a call at any time to schedule a showing.  Check out our website for a current list of our rentals.

1297 Deerfield, Fayetteville

rent: $895

Deposit: $700

  • 3 Bedrooms
  • 2 Bathrooms
  • 2 Car Garage
  • Pets: Negotiable
  • Split Floor Plan
  • Covered Back Patio

Directions: Head south on N College Ave toward E Masonic Dr.  Turn left onto E Township Rd.  Turn right onto N Crossover Rd.  Turn left onto E Huntsville Rd.  Turn left onto Deerfield Way (Destination on the left.)

424 Malinda, Fayetteville

rent: $800

Deposit: $650

  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Car Garage
  • Pets: Negotiable
  • Fireplace
  • Back Porch

Directions:  Head south on N College Ave toward E Masonic Dr.  Turn right onto E Appleby Rd.  Take the 1st right onto N Wayne Dr.  Turn left onto E Village Dr.  Take the 2nd right onto E Malinda Dr (Destination on the left.)

747 Richland, Elkins

rent: $825

Deposit: $650

  • 3 Bedrooms
  • 2 Bathrooms
  • 2 Car Garage
  • Pets: Negotiable
  • Fenced Backyard

Directions: Head south on N College Ave, turn left on E. Township, turn right on N. Crossover, turn left onto AR-16/E. Huntsville Rd, turn right onto Oakwoods Drive, take the 1st left onto White River, take 1st right onto Richland Creek Road (Destination on the left.)

2245 Brookview, Elkins

rent: $800

Deposit: $650

  • 3 Bedrooms
  • 2 Bathrooms
  • 2 Car Garage
  • Pets: Negotiable
  • Split Bedroom Plan
  • Large Kitchen
  • New Paint

Directions: Head south on N College Ave toward E Masonic Dr.  Turn left onto E Township Rd.  Turn left onto AR-16 E/AR-16 Scenic E/E Hunstville Rd.  Continue to follow AR-16 E/AR-16 Scenic E.  Turn right onto Meadowbrook Dr.  Take the 1st right onto Scenic Oaks Ave.  Turn right onto Brookview St (Destination on the left.)

103 Alberta, Farmington

rent: $675

Deposit: $550

  • 3 Bedrooms
  • 1 Bathroom
  • 1 Car Garage
  • Pets: Negotiable
  • New Paint
  • Fenced Backyard

Directions: Head north on N College toward Millsap Rd.  Make a U-turn at Joyce Blvd.  Slight right onto US-71 BUS S.  Keep left at the fork and merge onto I-540.  Take exit 62 to merge onto US-62 W/S Shiloh Dr toward AR-180 E/Farmington/Univ. of Ark.  Turn right onto Martin Luther King Jr Blvd.  Continue onto E Main St.  Turn right onto N Broyles St (Destination on the right.)

176 Plover Cove, Farmington

rent: $550

Deposit: $500

  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Car Garage
  • Pets: Negotiable

Directions: Head north on N College Ave toward Millsap Rd.  Make a U-turn at Joyce Blvd.  Slight right onto US-71 BUS S.  Take exit 62 to merge onto US-62 W/S Shiloh Dr toward AR-180 E/Farmington/Univ. of Ark.  Turn right onto Martin Luther King Jr Blvd.  Continue onto E Main St.  Turn left onto AR-170 W/S Hunter St.  Turn right onto W Rainsong St.  Take the 1st right onto Killdeep Dr.  Turn left onto Plover Cove (Destination on the right.)

131 Briarmeadow, Farmington

rent: $550

Deposit: $500

  • 2 Bedrooms
  • 1 Bathroom
  • Pets: Negotiable
  • Fireplace

Directions: Head north on N College Ave toward Millsap Rd.  Make a U-turn at Joyce Blvd.  Slight right onto US-71 BUS S.  Keep left at the fork and merge onto I-540 S.  Take exit 62 to merge onto US-62 W/S Shiloh Dr towardAR-180 E/Farmington/Univ. of Ark.  Turn right onto Martin Luther King Jr Blvd.  Continue onto E Main St.  Turn left onto S Hunter St.  Turn the 3rd right onto Briarmeadow St (Destination on the left.)

129 Killdeer, Farmington

rent: $625

Deposit: $550

  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Car Garage
  • Pets: Negotiable
  • Fireplace

Directions: Head north on N College Ave toward Millsap Rd.  Make a U-turn at Joyce Blvd.  Slight right onto US-71 BUS S.  Keep left at the fork and merge onto I-540 S.  Take exit 62 to merge onto US-62 W/S Shiloh Dr toward AR-180 E/Farmington/Univ. of Ark.  Turn right onto Martin Luther King Jr Blvd.  Continue onto E Main St.  Turn left onto Southwinds Rd.  Take the 2nd left onto Killdeer Dr (Destination on the right.)

3838 Lilac, Fayetteville

rent: $795

Deposit: $650

  • 3 Bedrooms
  • 2 Bathrooms
  • 2 Car Garage
  • Pets: Negotiable
  • Fenced Backyard

Directions: Head north on N College Ave toward Millsap Rd.  Make a U-turn at Joyce Blvd.  Slight right onto US-71 BUS S.  Take exit 62 to merge onto US-62 W/S Shiloh Dr toward AR-180 E/Farmington/Univ. of Ark.  Turn right onto Martin Luther King Jr Blvd.  Turn right onto S Camillia Ln.  Turn right onto W Lilac Dr (Destination on the left.)

3092 Essex, Fayetteville

rent: $750

Deposit: $650

  • 2 Bedrooms
  • 2 Bathrooms
  • 2 Car Garage
  • Pets: Negotialbe
  • All Appliances
  • Wood Floors

Directions: Head north on N College Ave toward Millsap Rd.  Make a U-turn at Joyce Blvd.  Slight right onto US-71 BUS S.  Keep left at the fork and merge onto I-540 S.  Take exit 64 for Wedington Dr toward AR-16 W/AR-112 E.  Turn right onto AR-16 W/W Wedington Dr.  Take the 1st right onto N Shiloh Dr.  Take the 1st right onto Giles Rd.  Take the 1st right onto W Wildflower St.  Take the 1st right onto N Pine Cone.  Take the 1st left onto Essex Dr (Destination on the right.)

2833 Peg, Fayetteville

rent: $795

Deposit: $650

  • 3 Bedrooms
  • 2 Bathrooms
  • 2 Car Garage
  • Pets: Negotiable
  • New Paint
  • Fenced Backyard

Directions: Head south on N College Ave toward E Masonic Dr.  Turn right onto E Appleby Rd.  Turn left onto N Peg Ln (Destination on the right.)

1655 Timbercrest, Fayetteville

rent: $750

Deposit: $650

  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Car Garage
  • Pets: Negotiable
  • Real Hardwood Floors

Directions: Head north on N College Ave toward Millsap Rd.  Make a U-turn at Joyce Blvd.  Slight right onto US-71 BUS S.  Keep left at the fork and merge onto I-540 S.  Take exit 64 for Wedington Dr toward AR-16 W/AR-112 E.  Turn right onto AR-16 W/W Wedington Dr.  Take the 1st right onto N Shiloh DrN Shiloh Dr turns slightly left and becomes W Dorothy Jeanne StW Dorothy Jeanne St turns right and becomes N Florene St.  Turn left onto W Anne St.  Take the 1st right onto Timbercrest Ave (Destination on the left.)

Coming Soon!

3720 Huntsville, Fayetteville

rent: $650

Deposit: $550

  • 3 Bedrooms
  • 1 Bathroom
  • Pets: Negotiable
  • New Carpet
  • New Paint
  • Must Schedule Showing
  • Available March 1st

Directions: Head south on N College Ave toward E Masonic Dr.  Turn left onto E Township Rd.  Turn right onto N Crossover Rd.  Turn left onto E Huntsville Rd (Destination on the left.)

3738 Lilac, Fayetteville

rent: $795

Deposit: $650

  • 3 Bedrooms
  • 2 Bathrooms
  • 2 Car Garage
  • Pets: Negotiable
  • Fenced Backyard
  • Must Schedule Showing
  • Available March 1st

Directions: Head north on N College Ave toward Millsap Rd.  Make a U-turn at Joyce Blvd.  Slight right onto US-71 BUS S.  Keep left at the fork and merge onto I-540 S.  Take exit 62 to merge onto US-62 W/S Shiloh Dr toward AR-180 E/Farmington/Univ. of Ark.  Turn right onto Martin Luther King Jr Blvd.  Turn right onto S Dinsmore Trail.  Turn left onto Crape Myrtle Pl.  Turn right onto Chinaberry Ln

 

How's your Home Search Going?

by David Tyler Mills

If you see a home that interests you, let us know!  We will be more than happy to show it to you!  Happy President's Day!

Thinking about Leasing your property?

by Shonnie Gilbreath

Housing Crisis to End in 2012 as Banks Loosen Credit Standards

by David Tyler Mills

Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit.

The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one year ago.

Additionally, a Fed Senior Loan Officer Survey found credit requirements in the fourth quarter were consistent with the past three quarters.

However, other market indicators point not just to a stabilization of mortgage lending standards, but also a loosening of credit availability.

Banks are now lending amounts up to 3.5 times borrower earnings. This is up from a low during the crisis of 3.2 times borrower earnings.

Banks are also loosening loan-to-value ratios (LTV), which Capital Economics denotes “the clearest sign yet of an improvement in mortgage credit conditions.”

In contrast to a low of 74 percent reached in mid-2010, banks are now lending at 82 percent LTV.

While credit conditions may have loosened slightly, some potential homebuyers are still struggling with credit requirements. In fact, Capital Economics points out that in November 8 percent of contract cancellations were the result of a potential buyer not qualifying for a loan.

Additionally, Capital Economics says “any improvement in credit conditions won’t be significant enough to generation actual house price gains,” and potential ramifications from the euro-zone pose a threat to future credit availability.

Source: Krista Franks, dsnews.com, 1/24/2012

Luxury Treehouses

by David Tyler Mills

I bet you wish you had these when you were a kid...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9 Cool Home Upgrades

by David Tyler Mills

Fewer people are buying new homes these days, opting instead to do home renovations - you know, just to spice things up a little.

Maybe you turn your bathroom into a high-tech spa or get some smart appliances in the kitchen. Maybe you do some green upgrades or maybe you do something purely for luxury.

So, what's the new rain showerhead, the new infinity pool?

We talked to contractors, designers and developers all over the country and here are the 10 Coolest Home Upgrades. 

Hidden, Wall-mounted TV

 

Wall mounted TV

Photo: Electronichouse.com

It's go big or go home with televisions these days - but when you bring one of these drive-in movie-sized screens home, it can often wreck the design of the room. When a guest walks in, they won't say, "Wow, what a nice house," but rather, "Wow, what a big TV you have!"

Well now, you can have it all - a big screen and big style. Designers are increasingly choosing to hide gigantic televisions in the wall and cover them with a mirror or artwork so when they're not in use, you don't even know they're there!

When it's above the fireplace, it can be a framed mirror or piece of art. In the photo at left, this Samsung 37-inch LCD is mounted in the closet behind the mirror, hidden by a removable panel in the closet.

You probably want a pro to do this - TVs require proper ventilation.

Water Feature With Fire

 

Water Feature With Fire

Photo: MerchantCircle.com

Fountains aren't new and fire pits aren't new but put them together - maybe even add some LED lighting - and shazam! Welcome to the future.

A water feature with fire shooting out of the middle can instantly remind you of that Hawaiian vacation (maybe pump some hula music into the outdoor speakers) or just ensure that you not only keep up with the Joneses but knock their socks off when they come over for a barbeque.

They can be rectangular trough-like structures with broken glass in the middle where the fire shoots out, or circular like this one in the picture at left. They can be freestanding, attached to a pool or create a big ridge of fire in a stoned wall. Have a seat because you can control it all by remote control!

OK, who wants toasted marshmallows?

Home Golf Simulator

Home Golf Simulator 

Photo: Truegolf.com

Golfers have been practicing their swing at home for years but not quite like this - a floor-to-ceiling golf simulator with a massive screen to let you "play" on some of the coolest courses in the world from Hawaii to England.

A golf simulator like the one from Trugolf is the ultimate addition to your game room next to the pool table and pinball machine.

Not only do you really feel like you're on the course but it helps you with your game, with sonic ball-tracking sensors and a program that gives you valuable feedback on your swing. They run from $20,000 to $60,000 or more.

She winds up the swing, good form and... Four!

Exotic Landscape Lighting

 

Exotic Landscape Lighting

Photo: Robert Davie

So you've got spotlights and those little solar path lights but this is taking your backyard to the next level and doing exotic landscape lighting.

Maybe it's uplighting on the palm trees, Cotton explained, or in the waterfall that spills over into the pool.

The cool thing is, Cotton said, you can even use solar lights - so it won't cost you an arm and a leg in electricity! Take a solar light, put it in a spotlight and turn it upside down shooting up into your landscaping or water feature like a fountain or koi pond.

"Landscape lighting in the water is fairly easy to do," Cotton said. "You get that constant reflection - It's very romantic mood light. It produces a romantic and flickering light - just like a fire does."

Outdoor Shower

 

Outdoor Shower

Photo: Karmasamui.com

No, we're not talking about the kind you put next to the pool so the kids can wash off the sand, dirt or chlorine.

These are luxurious showers, usually off of the master bath, made of high-end stone and other natural materials, with lush foliage that create your own personal Eden.

You'll already find this type of outdoor shower in resorts in Bali, Fiji and the Caribbean, but now, homeowners are bringing the resort home.

"It's a very sexy thing," said Walid Wahab, president of Wahab Construction in south Florida. "It's your private shower -- you can get completely naked and take a shower outside in your private garden."

Wahab said the construction is getting very creative - things like a shower head coming out of a tree.

Master Control for Energy Consumption

 

Master Control for Energy Consumption

Photo: Control4.com

You know you can control your entire house now from a laptop, iPhone or iPad. Everything from the lights and thermostat to the stereo - and even the pool. Here's taking it to the next level - a master control for energy consumption.

"This is very, very new - people are just experimenting with it," said Ron Rimawi, who co-owns Digital Interiors in Atlanta. "It helps make you more aware and more conscious of your energy usage, so you don't waste energy."

Basically, they're small digital panels that connect with the utilities and track various appliances and systems in your home. They can tell you everything from your usage to the temperature and how much it's all costing you!

"We have long held the belief that the promise of the Smart Grid can only be realized if the consumer is front-and-center in the design of demand-response systems," said Control4, which makes the master control for energy consumption pictured at left.

Pop-up Ventilation for the Kitchen

 

Pop-up Ventilation for the Kitchen

Photo: Dacor.com

No one wants the lingering smell of smoke and cooking fumes in the kitchen - particularly with how hot the open-concept kitchen-living area is right now. But hoods, no matter what high-end materials you use, can be clunky, not to mention they get greasy and dirty.

Enter the pop-up hood vent - You can sink it into an island or other countertop (of course, with an underground vent to the outside) and then at the press of a button, it comes up, sucks all the smoke and fumes out and then press the button again and - poof! - it vanishes again.

This is not only great for kitchen design, but also to lure other members of the family into the kitchen to help.

Make it high-tech - and they will come!

Cooling Drawer

 

Cooling Drawer

Photo: Electronichouse.com

Let's face it - kitchens are getting cool. From sleek granite to smart appliances, this isn't your grandma's kitchen.

One of the places where the most innovation is taking place is in the refrigerator. Maybe they have double French doors or are hidden by paneling that makes them blend in with the cabinets.

One of the coolest things - literally - is a cooling drawer, like the one shown left from Fisher Paykel. These are drawers with several different temperature settings, so you can store soda, wine, snacks for the kids - even ice cream.

They're individual drawers, so you can have any number of them scattered around the house.

Scource: Cindy Perman, CNBC.com; taken from Yahoo! Real Estate Blog.

Displaying blog entries 1-10 of 13

Contact Information

Photo of Don McNaughton Real Estate
Don McNaughton
McNaughton Real Estate
4299 W. Persimmon
Fayetteville AR 72704
479-442-9099
Fax: 479-442-0948
       

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