April 2015
Vol. 3 Issue 4
April is
National
“Poetry”
Is the Remodel Worth it?
Month!
Upscale projects have some of the most-disappointing payoffs according to Remodeling Magazine’s survey on the subject. This doesn’t mean don’t do it, it means think before you
do. Remodeling is consumption spending, meaning the investment price drops quickly and the return is not what
you’ve spent; think of a new car. Your project’s return on
investment might be better or worse than the national averages below. ROI depends a lot on where you live. Here is the
average cost and return for 6 of the worst home improvement
payoffs in 2015:
FACTS ABOUT POETRY
- The shortest poem is 3 words:
“Fleas” - Adam Had ‘em.
- There are 10 different genres of poetry: Narrative, Epic,
-
Dramatic, Satirical, Light, Lyric, Elegy, Verse fable,
Prose, Speculative. There are 7 forms: Sonnet, Shi, Villanelle, Tanka, Haiku, Ode, and Ghazal.
Poems don’t have to rhyme.
A Refractory rhyme is a word with no perfect rhyme.
ie: fifth; depth; amongst; wolf, and worlds.
Many people believe the words orange, purple, circle
and month are refractory rhymes; however, they, like
many others, have obscure rhyming words.
The 5 most famous poets in the world include: William
Shakespeare, Edgar Allen Poe, William Wadsworth,
Robert Frost, and Emily Dickenson.
Agents: are you ready for 8/1/15 ?????
The HUD as you know it is going away. There are
new mortgage disclosure forms and they will change
most every transaction you work on after August,
2015. Please read THREE things agents should
know before August 1.
1) Be familiar with the new Loan Estimate and
Closing Disclosure.
2) Timing of closings are impacted by disclosure
delivery rules.
3) Line numbers have been removed and there are
now 7 fee areas.
Please drop us an email at [email protected]
if you have any questions or would like to receive
additional information on the upcoming changes.
Escrow Options Branch Offices
Brea Office 3040 Saturn Street Suite 101A, 92821
714- 256-6740
Irvine Office 9901 Irvine Center Dr., 92618
949-365-1889
Upland Office 450 N. Mountain Ave. Suite B, 91786
909-946-9800
1. Sunroom Addition • ROI: 48.5% • Cost: $75,726
• Resale value: $36,704
2. Home Office Remodel • ROI: 48.7% • Cost: $29,066
• Resale value: $14,155
3. (Upscale) Master Suite Addition • ROI: 53.7%
• Cost: $236,363 • Resale value: $126,860
4. (Midrange) Bathroom Addition
• ROI: 57.8% • Cost: $39,578
• Resale value: $22,875
5. New (Upscale) Composite Deck
• ROI: 58.9%
• Cost: $36,385
• Resale value: $21,437
6. (Upscale) Major Kitchen Remodel
• ROI: 59%
• Cost: $113,097
• Resale value: $66,747
Lisa Acuna to our Brea Office
&
Cindy Scott to our Irvine office
Your Escrow staff: Brea- [email protected],
[email protected], Susan Cruz, Lisa Acuna
Irvine- [email protected],
[email protected],
[email protected],
[email protected], Leanne Gallardo,
Melanie Ott, Brittany Varkel, Cindy Scott.
Upland- [email protected], Miriam Diaz.