Monday, February 27, 2017

Tommy Hilfiger Lists Colorful, Eye-Candy Estate for $27.5M

Tommy Hilfiger’s estate is exactly what you’d expect from the iconic fashion designer: unexpected, stylish and avant garde. While he didn’t design the home himself, Hilfiger and his wife, Dee, worked with interior designer Martyn Lawerence Bullard to create the whimsical, eclectic feel of their custom abode.

The Hilfigers bought the 14,079-square-foot, 7-bed, 8-bath spread for $17.25 million less than four years ago. They are now asking $27.5 million for the residence.

Photos courtesy of Zachary Balber.

Located in the exclusive Golden Beach neighborhood outside Miami, the home offers unobstructed ocean views and 100 feet of water frontage. The backyard also boasts a oceanfront infinity pool, nestled into the expansive palm-filled backyard.

The indoor views are equally impressive. The entryway welcomes visitors with crisp white walls, white glass tiles and the smooth, curved lines of a contrasting black marble staircase. The monochromatic theme continues in the kitchen with sleek white cabinetry and striped black-and-white floors.

The bedrooms, on the other hand, are colorful and patterned. One is reminiscent of a candy cane, with swirling red and white stripes encircling the walls; another is punctuated with yellow polka dots of varying sizes. The only room with somewhat expected decor is Tommy’s home office, which features the signature colors of the Hilfiger brand.

The listing agents are The Jills of Coldwell Banker.

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Get Ready to Grow: 6 Tips for Planning Your Spring Garden

Spring fever got you dreaming of lush gardens and sunshine? Despite what you might see on TV, beautiful landscapes don’t happen overnight. Weeds will invade your beds and need to be pulled. The mulch will break down and require replacing. And your attention span will no doubt move on to shinier things long enough for your garden to fall into disrepair.

Your spring fever may be temporary, but if you get to know your garden's unique conditions and choose the right plants, you'll ensure that both the garden - and your enthusiasm for it - will last for a lifetime.

Invest in your soil

To get the dirt on your dirt, perform a soil test with your local agricultural extension office. This will tell you everything you need to know about what will grow there and how to improve it.

In the meantime, amend your soil with as much organic matter as possible - either by starting a compost pile or by adding bags of composted manure. This will give it a better texture, a diverse population of beneficial organisms, and more fertility.

If your soil is poorly drained, either grow plants that tolerate wet feet, or install a dry creek bed or French drain to prevent standing water.

Ditch the trash trees

With any luck, the trees that you plant today will be there for a long, long time. Keeping that in mind, don't grow things that you'll regret one day - like a messy silver maple that drops seeds all over the lawn, or a cypress that will eventually dwarf your house.

When choosing a tree or shrub for your garden, consider the eventual size, form, and habit. Avoid planting anything that has weak limbs or is susceptible to pests and blights, because tree removal is a costly and unnecessary expense.

Understand your garden's sunlight

Those little “full sun” and “part shade” icons are on the plant tag for a reason - too much sunlight will burn the foliage and compromise the plant's health, while too little will make it lanky and weak.

Choose plants that thrive in your conditions. A spot that receives eight or more hours of direct sunlight is a perfect place to grow vegetables, fruit trees, and most flowers. Part to full shade is ideal for growing plants like perennials, ferns, and small trees that are naturally found in the forest's understory.

If you have a shady yard but can't live without roses and tomatoes, consider hiring a professional arborist to remove trees or large limbs to get more sunlight.

Purchase plants with confidence

If it seems like everything you grow dies sooner or later, stop buying unhealthy plants. Inspect the foliage at the garden center and slip the plant out of its pot to check for firm, white, and healthy roots. The best place to buy healthy plants is at a local garden center, but otherwise, purchase them shortly after they've arrived on a shipment.

If you can't find the plant you're looking for, order seeds, bulbs, and plants online from reputable sellers like Burpee Seeds and Plants, Brent and Becky's Bulbs, and Plant Delights Nursery.

Plant for all four seasons

It's tempting to do all your plant shopping in spring, but those pretty blooms will soon fade away. To avoid 11 months of boredom, choose a variety of plants that offer interest at different times of the year.

Grow summer-blooming plants like canna, coneflowers, and guara to keep the show going until fall, when colorful foliage and fall bloomers like mums and goldenrod take over.

For winter interest, look to trees with interesting branch patterns and bark, as well as unusual cultivars of evergreens - like heuchera and abelia - or even architectural, hardy palms and succulents.

Divide and conquer

Here's a huge money-saving trick: Choose a perennial, bulb, or ornamental grass that can be propagated by division - one that you'd love to see growing all over your garden in a few years.

Plant several copies of that plant in your garden. After a couple of years, divide the plants by digging them up and slicing through the middle with a sharp spade. For best results, do this in spring when the weather is cool and the plant is actively growing.

Plant the divisions in the ground again, cover the space between the plants with mulch, and water them thoroughly to help them establish. Repeat these steps every two years, and you'll have not only a ton of free plants, but also a garden that looks cohesive and established.

Spring is a season of boundless energy and renewal - make sure to channel that springtime energy while you have it and turn it into a garden you’ll enjoy all year long!

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5 Questions to Ask Potential Mortgage Lenders

Buying a home is the largest purchase many consumers will ever make, and many will turn to a lender for financing. But finding a lender you click with can be a challenge, especially if you wait until the last minute.

Li-Ning Huang, a research manager on Fannie Mae's economic and strategic research team, says buyers should start talking to lenders early in the process - before you fall in love with a home - and compare several quotes. "Otherwise, you could end up choosing a lender based on convenience," she says.

Avoid buyer's remorse

Twenty-one percent of home buyers reported buyer's remorse over their lender, according to a recent J.D. Power study.

Among first-time home buyers, that rose to 27 percent. Dissatisfied respondents cited a lack of communication, unmet promises, and feeling pressured to select a specific mortgage product.

“If you're not getting a call back, or don't understand what's going on, look elsewhere,” advises Angie Hicks, founder of Angie's List. Last year, about 9 percent of the real estate pros received C, D, or F grades from Angie's List members.

"People happy with their mortgage pros cited quick, friendly, clear responses and fair pricing," says Hicks. "There are plenty of qualified, trustworthy lenders out there."

Find the right lender

It's important to find a lender or broker who communicates well with you, and in a manner you're comfortable with. This applies whether you're meeting face-to-face with a lender, or working online and over the phone. Does the lender explain things well? Are they willing to spend the time? Or do they seem rushed and irritated?

To test the waters, Hicks suggests asking these five open-ended questions:

  1. Is this the right time for me to buy?
    The lender's answer will depend on your circumstances - such as your debt-to-income ratio, how much you plan to put down, and other factors. What's important is that they explain your situation in a way you understand.
  2. What personal debts - like credit cards - should I pay down before closing? And how soon do I need to do that to qualify for a good rate?
    Lenders should explain what they're looking for in your credit history and how you might improve your credit score. According to credit reporting agency Experian, on a scale ranging from 300-850, a credit score of 700 or above is generally considered good. A score of 800 or above is considered excellent. If you aren't sure what to expect, you can order your free credit report online.
  3. Should I pay points to lower my interest rate?
    Your interest rate may be paired with mortgage discount points. One discount point typically amounts to 1 percent of the loan amount. So one point on a $250,000 mortgage would equal $2,500. A lender should explain the options. "The longer you plan on living in your home, the more sense it may make to pay points," advises the Consumer Financial Protection Bureau.
  4. How much will I need to pay at closing? Do I pay by check, wire transfer, or bank check?
    Make sure you really understand how the money will be transferred when the deal closes. There's been an uptick in scammers swiping the buyer's closing funds during electronic transfers, according to the Federal Trade Commission.
  5. Who will service my loan?
    A servicer is the company that collects your mortgage payments and deals with late or missed payments. Some lenders service their own mortgages or outsource servicing. Others might sell the mortgage. While you have no say on who services your loan, this question gives lenders the opportunity to talk about the scope of their business and commitment to you.

Buying a home is an exciting time - finding a lender shouldn’t ruin the experience for you. Take it slow, ask the right questions, and you’re sure to find a great fit.

For more tips and resources, check out our Mortgage Learning Center.

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Friday, February 24, 2017

Night at the Museum Gala 2017 - Date: March 4, 2017 7:00 PM

Location: Fort Myers - Take a step back in time at the Night at the Museum Gala 2017 on Saturday, March 4, and you might discover you’re standing next to giant pre-historic ground sloth. A Night at the Museum is the theme of the gala from 7 to 10 p.m. at the Imaginarium Science Center and Southwest Florida Museum of History – under the same roof at last – at 2000 Cranford Avenue in Fort Myers.

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House of the Week: A 233-Year-Old Home With a Vintage Facelift

Before Bob Stamps bought this 18th-century home in New Hampshire, it had an outdated kitchen and a mourning room. They both had to go.

Although the home was mostly preserved to match its colonial vintage, its kitchen was from the disco era. Stamps decided to “take what looked like the 1970s and turn it into the 1770s.”

He updated the room’s bones and overlayed that structure with period-looking pieces. For example, the oven is ensconced in an island that appears to be an antique cabinet, and the Sub-Zero refrigerator is similarly camouflaged.

The mourning room, which Stamps said was originally used for people who were either sick or who died in the winter and could not be buried until the ground thawed, was “not very useful.” So he bashed out one of its walls to expand the adjoining tiny bathroom.

Photos courtesy of Ruedig Realty

The result of that renovation, which included replacing grungy old wallpaper with new wall coverings that suit the home’s vintage, is a luxury estate with 5 bedrooms, 6 fireplaces, and more than 140 acres. It’s on the market for $1 million with Barbara Ruedig of Ruedig Realty.

New Hampshire judge and legislator Robert Wallace, who built the 4,240-square-foot home in 1784, would be proud. He was the son of a local legend, “Ocean-Born Mary,” who received her name when pirates who had boarded a ship carrying immigrants from Scotland heard a baby crying below decks.

The pirate captain agreed not to loot and sink the ship if the parents named the baby after his own mother, Mary. The ship continued on to New England, and Mary was credited with having saved it. Robert named his house the “Ocean-Born Mary House” after her.

The home’s beautifully preserved tavern room, ample closets and beehive ovens would surely make her proud.

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