You shouldn't be Afraid of the big bad Wood Foundation?

Comfortable Living with Permanent Wood Foundations

Bloomington, Indiana and surrounding Monroe County have many communities that were built with wood foundations. Some of those communities include; Woodhaven Estates, Paddington Park, Country Club Hills, Southern Pines and select homes in Van Buren Park. (if you are unsure if the property you are interest in purchasing our currently own has a wood foundation please ask your trusted REALTOR®)

Watch the video to Educate yourself on the value wood brings to the home maintenance and building process.

Answers found in this video:

• How is a wood foundation different than concrete block? 0:55
• How is the foundation wood different than other wood building materials used in construction? 4:49
• How does this wood resist wood eating insects and rodents? 4:56
• How does this type of foundation keep water from seeping into the basement? 5:13
• How does this compare to poured concrete and concrete block basements? 5:59
• What's the durability of the wood?  6:49
• How much does this cost? 8:00

 ** If you can get over the 1980's production of this video, you'll find that it has valuable information about wood foundations.

Get Rich and Car Payment Free

My Lovely Sister- in- Law sent me this video. I found it so compelling I had to share.

Of course my brain started thinking couldn't we apply this thought to home ownership and health care as a way to get wealthier?

If you don't think now is the time to buy you're crazy!

(Okay not crazy just very, very, conservative with your money.....
                                              or bracing yourself for the 2012 Mayan Apocalypse)

Let's Look at the Data

Historic Interest Rates

Feb 1972---   7.33%

Feb 1982--- 17.60%

Feb 1992---   8.76%

Feb 2002---   6.89%

Feb 2012---   3.92%

If you were a Historical Hypothetical Buyer and wanted to keep a monthly mortgage payment around $710...

In
1972 You could only buy a home Valued at $103,000
1982 You could only buy a home Valued at $ 48,000
1992 You could only buy a home Valued at $ 90,000
2002 You could only buy a home Valued at $107,800

Today a $709 monthly payment is worth a home price of $150,000 Talk about Buying Power!

Couple the low cost to borrow money with the fallen prices (which have hit record low's) the cost of home ownership has never been more affordable!

Call me for a personal tour of Bloomington's affordable properties (before the prices creep up again).


And if the Apocalypse happens hopefully I end up like these guys...

For more information on Historical Interest Rates Check out the Federal Reserve Bank Website.

It's a great time to be buying!!