Tuesday, March 16, 2010

Anticipated Moulding Price Jump due to Chile Earthquake

I have just read a notice from one of our building material suppliers regarding the unstable price of moulding during the upcoming building season. I had no idea that 45% of the fingerjointed wood moulding in the United States came from Chile- most produced within a 100 mile radius of the recent earthquake epicenter! Pro Build sent the office of Grand Bay Building and Remodeling a very informative letter so that we could take both the shortage and price increase possibilities into account as we estimate and bid projects.

I remember hurricanes causing plywood, shingle and drywall shortages but never considered that the recent earthquake would directly impact our business.

Let's hope that the many people affected in Chile aand Haiti find the strength and resources to rebuild their lives and keep their families sheltered during the approaching rainy season. Nancy at Grand Bay Building and Remodeling ph 231 995 9057

Friday, March 5, 2010

A Successful Home Expo Weekend



Grand Bay Building and Remodeling participated in the successful weekend event as close to 2,000 people attended the Traverse City Home Builder Expo this past weekend. Victor and I enjoyed meeting and greeting everyone as they stopped by
our newly designed display. It was great to hear so many people excited about upcoming projects for their homes.

This is the perfect time of year to begin discussing your ideas and plans with us. By the time the snow is gone, we can have your plan and specs done and ready to go. There's nothing like glorious sunshine to get those creative ideas flowing.

The winning playhouse ticket was pulled and the house was delivered to the winner here in Traverse City- what a lucky lady!! Home Depot also donated a Martha Stewart patio furniture table and chair set which was delivered to another lucky winner.

We were very happy to be a part of the Home Expo energy and look forward to being there in 2011- Nancy from Grand Bay Building and Remodeling ph 231 995 9057

Thursday, March 4, 2010

Home Buyer Tax Credit Ends on April 30th 2010

Grand Bay Building and Remodeling wants you to take note: The first time home buyer and repeat buyer tax credits are nearing their expiration date. We know that time flies by and things get put on the back burner until it's too late. Don't let that happen to you if you are interested in buying your first home. Along with the $8,000 first time credit is an amzing $6,500 credit for repeat buyers. This is great news if you are considering purchasing another home.

As mentioned in the following statement from the National Assocaition of Home Builders, The contract needs to be signed by April 30th but the actual sale of the home needs to be closed by June 30, 2010. So there is still time... don't miss this opportunity.

NAHB REMINDS HOME BUYERS: TAX CREDIT EXPIRING SOON
WASHINGTON, March 4 - The National Association of Home Builders (NAHB) wants potential home buyers to be aware that they still have the opportunity to take advantage of the $8,000 first-time home buyer or $6,500 repeat buyer tax credits, as long as they act quickly--the credits expire on April 30, 2010.

"It's not too late to take advantage of the home buyer tax credit," said NAHB Chairman Bob Jones, a builder and developer in Bloomfield Hills, Mich. "There are plenty of existing homes on the market, and even though the move-in ready newly constructed homes inventory has dwindled, builders may still be able finish a home in time."

The IRS provides an additional two months beyond the deadline to close the deal. Buyers who sign a sales contract by the April 30 deadline are still eligible if they close the sale of the home by June 30, 2010.

More people than ever before are eligible for a home buyer tax credit, NAHB estimates that close to 70 percent of all potential buyers should qualify for some form of a credit.

"First-time" buyers don't have to be buying their first home ever; they are defined by the IRS as those who have not owned a principal residence in the past three years. Repeat buyers may be eligible for a new $6,500 credit, as long as they have owned and lived in their current home at least five consecutive out of the past eight years.

The current credits also increase the income limits, enabling single taxpayers with incomes up to $125,000 and married couples earning up to $225,000 to potentially qualify for a full credit.

NAHB's Web site at www.federalhousingtaxcredit.com, which has received more than 6.5 million visitors since the site launched, provides basic information about the credits, detailed question and answer sections, and links to additional home-buying resources for consumers.

"If you've been considering buying a home for any reason, the home buyer tax credit, in addition to historically low interest rates and competitive home prices, make it an ideal time to buy," said Jones.


Our weather this week in Traverse City continues to be beautiful - blue skies and sunshine. It's perfect to check out local available real estate.

Remember- after you find that perfect home, Contact Nancy at Grand Bay Building and Remodeling ph. 231 995 9057 to put the final touches on your purchase to really make it your own.