November Issue

Current Listings, Recipes, Home Tips and More! Inside the November Issue

Issue 02

CURRENT LISTINGS, RECIPES, HOME TIPS AND MORE! INSIDE THE NOVEMBER ISSUE

The Payne Team RE Direct: (410) 936-0055 Office: (410) 543-4545 ThePayneTeamRE.com

Interested in having your ad here? Call us today (410) 936-0055 (410) 543-4545

WE SPECIALIZE IN Poultry Farms Single Family Homes Unimproved Land Commercial Properties & More!

The Payne Team understands that your real estate needs are among the largest financial decisions you will make in your life. We take that responsibility to heart going the extra mile to ensure a smooth transaction. The Payne Team prides themselves with providing top notch real estate representation for our clients. We are local real estate experts specializing in residential, commercial, farms, and unimproved land. Having come together as a team in 2021 it didn't take long for The Payne Team to have an impact on the local real estate community. We have been constantly a Top 20 Performer in the Mid-Atlantic region for Coldwell Banker. The Payne Team was also a finalist in Coastal Style magazine as the Best Real Estate Team in Wicomico County.

MEET THE TEAM

Rob Payne Team Lead- REALTOR

Angela Payne REALTOR

Rachael Fritts Marketing Mgr/Admin

Ryan Basch REALTOR

Aaron Bergeron REALTOR

Trey Shaw REALTOR

Coldwell Banker Realty 1131 S Salisbury Blvd Ste B Salisbury, MD 21801 Direct: (410) 936-0055 Office: (410) 543-4545

Behind the Scenes

Rachael Fritts DESIGNER AND EDITOR

Shawn Hunt LOAN OFFICER-THE HUNT TEAM

Rachael graduated from Regent University with a Degree in Business Marketing in 2021. She has been with The Payne Team as a Marketing Manager since 2019.

SVP, Area Manager NMLS ID# 1098459 M: (443) 783-0910

shunt@cmghomeloans.com www.HuntTeamMortgage.com CMG Home Loans | NMLS ID# 1820

Ryan Basch

REALTOR & MARKET ANALYST Ryan holds a degree in Mechanical Engineering from the University of Delaware. He transitioned to real estate in 2021 to join the family business after 17 years in various technical and business leadership roles with multinational companies.

About The Coldwell Banker Brand

Fulfilling the Dream of Home Since 1906 For over a century, home has been our purpose. It defines us and everyone in our network. Our mission will never waver to deliver the treasure of home ethically and honestly.

Coldwell Banker Realty - Salisbury 1131 S Salisbury Blvd Ste B Salisbury, MD 21801 Direct: (410) 936-0055 Office: (410) 543-4545

MARKET INSIGHT FEATURED LISTINGS HOW PAINT TRANSFORMS A ROOM CURRENT LISTINGS LOCAL BUSINESS SPOTLIGHT PUMPKIN PIE RICE CRISPY TREAT REVIEWS SHEET PAN ROASTED TURKEY

RECENTLY SOLD HOST THANKSGIVING LIKE A BOSS CMG HOME LOAN PECAN PIE BARS GET YOUR HOME READY FOR WINTER CALENDAR PUZZLES

Are you a First-Time Home Buyer? Scan the QR Code for our FREE First-Time Home Buyer guide ! Filled with everything you need to know about the home buying process & how to get pre-approved!

MARKET INSIGHTS APPLYING DATA SCIENCE TO BETTER UNDERSTAND OUR LOCAL MARKET The transition in the local market continues to build on the trends we reviewed last month. Interest rates continued their march upward through October and this has created an even greater chilling effect on the market. The transition is driving both buyers and sellers to adjust their strategies to optimize for this new season. Let’s take a closer look in this month’s Market Insights... A ll transaction data & data visualizations are based on information from Bright MLS for the period 1/1/2018 through 10/21/2022 Unless otherwise noted, data includes “Closed” transactions from Wicomico, Worcester, Somerset, Dorchester and Sussex Counties

PRICING

AVERAGE PRICE OF PROPERTIES SOLD BY COUNTY

Pricing has plateaued after the steep increases over the last three years. Reflexively, the expectation would be for prices to drop due to the increased inventory and shrinking pool of buyers, and it may with time, but at least for now, there is still sufficient demand to generally sustain the current pricing levels. Additional interest rate hikes would likely push the market to the tipping point and accelerate the turn downward in pricing. Two key metrics are highlighted below that further show how the market is evolving... SOLD PRICE VS. ASKING PRICE SELLER CONCESSIONS (% OF SALES PRICE)

In a hot market, sellers have more leverage and concessions are reduced to make offers as strong as possible. However, as another sign of a shift to a more balanced market, seller concessions are becoming more common and averaging higher amounts.

We saw in September that the sold price averaged just 97.4% of the asking price. This trend continued in October with this dropping to 96.8%, which is the lowest since mid-2020.

# OF HOMES SOLD

The number of homes sold through the first three weeks of October is significantly off the pace of the same period in October 2021 – down almost 40%. 2022 is staying on track to see 20 – 25% fewer homes sold this year compared to last year.

HOW IS THE INVENTORY CHANGING

MORE HOMES ARE FOR SALE

Close to 2,100 homes are currently listed for sale in the five-county region, which is up over 20% in the last four months. The majority of the inventory is in Sussex county and most of the increase in inventory has been from Sussex and Worcester.

PRICE DECREASES ARE MORE COMMON

October is at a 5-month high for the number of homes for sale that have had a price reduction. Of the 2,000+ active listings, there has been an average of 28 price reductions per day. This is a natural result of a thinning pool of buyers and decreased affordability due to the interest rate hikes.

HOMES ARE STAYING ON THE MARKET A LITTLE LONGER

Median days on market before going under contract has crept up to about 2 weeks in September/October. This is after 5 straight months of increase. This is still quite low compared to 2018, 2019 and the first half of 2020.

Have a question about the market? Ask me! Email questions to Ryan.Basch@thepayneteamre.com

A FEW WORDS ON MORTGAGE RATES...

As of 10/24, the 30-year Fixed Rate average is 7.32% (as posted by Mortgage News Daily). This is up almost a whole point from last month’s update (9/22), which was 6.4%. The dramatic increase since the beginning of the year is unquestionably the primary reason for most of the changes we are seeing in the market. Home affordability has dropped significantly for most buyers. This is driving lenders to offer creative options, such as temporary buydown products, to help ease the pain for buyers.

The expanded trend to the left shows the rates going back to 1971. Current interest rates are at the highest point since 2000.

Although the interest rates create new challenges, it is important to keep things in perspective. The data is not good or bad but allows us to understand reality and face it in a positive way. The market is ever-changing, and each new season requires different strategies for success. Contact us to discuss your real estate goals and develop a game plan on how to be successful in today’s market.

THE TYPICAL HOME SOLD IN 2022

The average # of BEDROOMS is 3.2

The average # of BATHROOMS is 2.4

% of homes with a GARAGE

67%

% of homes with a BASEMENT

19%

% of homes with a FIREPLACE

35%

The average home is 1,765 square feet

YARD SIZE

23%

.50-1.0 acres

37%

0-.25 acres

11%

19%

1-2.0 acres

.25-.50 acres

5+ acres

2-5.0 acres

Featured Listing

20669 NANTICOKE RD. NANTICOKE, MD 21840

MLS#: MDWC2004106 OFFERED AT $355,000

Tremendous Opportunity to own an established business in the Westside Community of Nanticoke. Wade's Repair has a proven record of profitability combining Repair Services with Petroleum availability. and limited grocery items. This property features new Fuel Storage Containers, Automotive lifts, Tire Mounter, Air Compressor, Welder, and all the hand tools ( replacement cost on hand tools estimated at over $160,000.00) located in the service center. Current Local clientele in this close knit community makes for an easier transition into the business as opposed to starting from scratch. Schedule your showing today.

ALL TOOLS SELL WITH THE PROPERTY!

Rob Payne Direct: (443) 783-0821 Email: Rob.Payne@cbmove.com Scan Me!

NEW

HOW PAINT CAN TRANSFORM A ROOM

Hands down, paint is the very best way to completely change the look of your home and is your most powerful weapon against a dated house. And, I’m not just talking about walls! Yes, you should paint the walls in your home to suit your style and taste and give it a fresh, clean look, but there are so many other things that can be transformed with paint:

Kitchen cabinets I’m sure you’ve all seen the amazing makeovers of people who painted their kitchen cabinets, right? No doubt about it…painting wood-tone cabinets a fresh new

color is a fantastic way to completely transform your kitchen.

Doors Changing out your front door can be expensive, so painting your exterior door is a great way to save money and give your exterior a more modern appearance. Painting the inside of your front door is also a great way to add a little drama to your entry. I happen to be a big fan of painting interior doors, as well, to add a bold pop of color and some character into your home.

Bath vanities Just like with kitchen cabinets, paint can bring new life to your outdated bathroom vanity. Take a look at this pretty little bathroom makeover – the vanity looks amazing!

BONUS Change out old light fixtures, faucets, and door handles for an inexpensive and easy upgrade!

Baseboards and Trim There has been a long-standing debate about whether or not you should paint stained-wood baseboards and trim. Many people adore the classic look of wood trim and would never consider hiding its natural beauty by painting over it. Others prefer the fresh, clean look of bright white trim

throughout their homes. There is no right answer, because it’s your home and you should do what you like to create a place that reflects your style.

I will say, however, that painting your wood trim white will completely change the look of the space. So, if transformation is what you’re after, painting the trim might be the right thing for you. Take a look at this next before and after pic to see how dramatic the change can be and then make the decision that feels right for you.

Fireplaces If you have an older home, chances are you have a brick fireplace. If your brick fireplace is making the entire room feel dark and heavy, then go ahead and paint it to brighten up the space! Tons of people paint over their brick fireplaces and it’s very easy to do. Another option? Consider whitewashing or limewashing the brick to brighten it up while still keeping some of its character. For coastal and farmhouse style spaces, I happen to prefer the look of whitewashed/limewashed brick over straight-up paint, because I like to see the color variation of the brick shine through. The best paint for limewashing (hands down) is Romabio, which you can buy from Home Depot. Here’s an example of a limewashed fireplace.

Built-Ins I’m a huge fan of built-ins and they can be a beautiful feature in a room. But, there are plenty of built-ins out there that are contributing to the overall dated look of a home. Your first instinct might be to just rip them out, but before you go down that path consider painting them! If you have high-quality, sturdy built-ins with a nice, clean design, a fresh coat of paint might be all that’s needed to bring those built-ins back to life and update the entire look of the space.

20669 Nanticoke Rd. Nanticoke, MD 21840 OFFERED AT $355,000

20549 Nanticoke Rd. Nanticoke, MD 21840 4 BD - 2 BA - 2,304 SF OFFERED AT $229,000

28947 Ponderosa Ave #44340. Laurel, DE 19956 3 BD - 2 BA - 1,129 SF OFFERED AT $65,000

THE PAYNE TEAM REAL ESTATE THE

(410) 936-0055 (410) 543-4545

31262 Morris Leonard Rd. Parsonsburg, MD 21849 3 BD - 2 BA - 2,304 SF 16.5 Acres OFFERED AT $625,000

1 Hammock Point. Crisfield, MD 21817 OFFERED AT $68,000

0 Rockawalkin Ridge Rd. Salisbury, MD 21801 OFFERED AT $61,900

Want to see your home here? Call us today for a FREE Market Analysis on your home!

Office: (410) 543-4545

Direct: (410) 936-0055

LOCAL BUSINESS SPOTLIGHT

Vienna: 115 Old Ocean Gateway, Vienna MD Berlin: 15 Williams Street, Berlin MD Beautiful Pies for Beautiful people made from scratch, with love, using organically grown and local ingredients CHECK OUT THE 5K

Mandala Pies

SAT, NOV 5TH @9:30

Pumpkin Pie Rice Crispy Treat

"THE CRUST”

"THE FILLING”

1 ½ bags mini marshmallows 5 tbsp butter 6 cups rice krispies

½ bag mini marshmallows 3 tbsp butter 1 tsp pumpkin pie spice 3 cups rice krispies orange gel food coloring

THE “CRUST”

Butter or spray a regular-sized muffin pan with non-stick cooking spray. Set aside. Melt butter and marshmallows in a large pot over low heat. Stir occasionally until melted and well-blended. Remove from the heat and immediately add the rice krispies. Mix until everything is well-coated. Using a large cookie scoop, scoop rice krispies into each muffin cup. Use a 1/4 measuring cup sprayed with non-stick cooking spray on the outside to make an indentation in the middle of each muffin cup. This is where the “pumpkin filling” will go. Don’t be afraid to push firmly to get a nice indentation.

THE “PUMPKIN PIE FILLING”

Melt butter, marshmallows and pumpkin pie spice in a medium pot over low heat. Stir occasionally until melted and well-blended. Remove from the heat and add orange gel food coloring – adding enough until you get your desired color. Mix until combined. Add the rice krispies and mix until everything is well-coated. Using a cookie scoop, scoop “pumpkin pie filling” into each “crust”. Use your fingers to press the filling into the crust. Allow the rice krispies to cool before removing them from the muffin pan. Top each pie with a dollop of cool whip before serving.

what our clients are saying

Rob was Terrific to work with! Responded quickly to my messages. Great Communication throughout the whole process. From scheduling showings & appraisals to settlement date. The appraisal showed I had a few things that needed to be repaired. Rob suggested a good Contractor to use! Affordable and quick to schedule!

This was my first time selling a house. Aaron was very professional and very helpful with all my questions. He went out of his way to help me get the house ready to sell. He made sure I was comfortable with every decision that was made. I would highly recommend Aaron.

Ryan Basch was phenomenal! His patience, followup and follow through made the difference in us being able to close on our home. He was very knowledgeable about waterfront homes and walked us through every step. He ensured that critical timelines and milestones were met and helped us work through questions from our lender. I highly recommend Ryan to support you with your home purchase!

INGREDIENTS

5 cups French bread cubes 5 tablespoons unsalted butter, at room temperature 3 cloves garlic, minced 1 onion, diced 2 celery ribs, diced 1/3 cup dry white wine 1/4 cup dried sweetened cranberries 1/4 cup chopped fresh parsley leaves 1 tablespoon chopped fresh sage leaves 2 teaspoons chopped fresh thyme leaves 2 1/2 cups seasoned cornbread stuffing mix 1/2 cup pecans, chopped 1 1/2 cups chicken stock Kosher salt and freshly ground black pepper

FOR THE TURKEY

2 tablespoons unsalted butter, at room temperature 1 clove garlic, minced 1 teaspoon chopped fresh thyme leaves 1 teaspoon lemon zest 1 (2-pound) boneless, skin-on turkey breast Kosher salt and freshly ground black pepper

SHEET PAN HERB ROASTED TURKEY

Instructions

Preheat oven to 400 degrees F. Lightly oil a 9 x 13 baking dish or coat with nonstick spray. Spread bread cubes in a single layer on a baking sheet. Place into oven and bake until crisp and golden, about 10-12 minutes; set aside. Melt butter in a large Dutch oven over medium-high heat. Add garlic, onion and celery. Cook, stirring occasionally, until tender, about 3-4 minutes. Stir in wine and cook, stirring occasionally, until just reduced, about 2 minutes. Stir in cranberries, parsley, sage and thyme. Remove from heat and let stand to soften cranberries, about 5 minutes. Stir in bread, cornbread stuffing mix and pecans; season with salt and pepper, to taste. Stir in chicken stock until absorbed and well combined.* Spread bread mixture into the prepared baking dish. In a small bowl, combine butter, garlic, thyme and lemon zest. Using your fingers, carefully loosen the skin from the breast meat, spreading the butter mixture under the skin. Secure skin over the butter with wooden picks; season with salt and pepper, to taste. Place turkey on top of the bread mixture. Place into oven and bake until the turkey is completely cooked through, reaching an internal temperature of 165 degrees F, about 40-45 minutes. Serve immediately.

Join us virtually on November 17-24th for our Annual "7 Days of Thankfulness"

Event is held on our Facebook Page @ThePayneTeamRE Be sure to follow us so you don't miss out on all the Giveaways, Activites and More!

Check out last year's "7 Days of Thankfulness"

Scan the QR to go to visit our Facebook Page!

RECENTLY SOLD

SOLD at $410,000

SOLD at $250,000

SOLD at $345,000

SOLD at $99,000

SOLD at $70,000

SOLD at $155,000

Your home could be here! Give us a call! Direct: (410) 936-0055 Office: (410) 543-4545

1. Prepare, prepare, prepare Avoid last-minute stress on the day by setting yourself up beforehand. Make sure your oven is clean and working well. Plan your menu and write your shopping list well in advance. Begin preparing your food a day or two before. Write up a time plan for all cooking remaining on the day of the dinner, making sure you consider your available fridge and oven space. You can even take the time to practice any new recipes in the weeks beforehand. Consider everything, and set yourself up for success from the start. 2. Don’t be intimidated by the Thanksgiving turkey As the center point of every Thanksgiving dinner, this can be the number one stress point for beginner Thanksgiving hosts. But it doesn’t need to be. Begin with a clear idea of how you want to prepare your turkey at least a week in advance. If you haven’t been handed an old favorite family Thanksgiving turkey recipe, find one online with lots of comments and reviews, so you know it’s been tried and tested. Then let Google help with the specifics. If your turkey is frozen, consult Google on how long it needs to defrost in the fridge for. Check the weight of your turkey and work out its recommended cook time – remembering to account for stuffing if needed. Yes, stuffing really does make a significant difference to the cooking time! On the big day, prepare the turkey before you prepare anything else, and set it in its roasting tray in the fridge so that you know it’s ready to lift straight into the (pre-heated!) oven at just the right time. And remember that once it’s in there, the most you have to worry about is a little basting every now and then. Even turkey first-timers can have a perfect result with a calm and measured approach, so don’t stress! I do highly recommend picking up a cheap meat thermometer so you can be 100% sure that your bird is cooked through before carving it.

3. Incorporate some Thanksgiving decorations You don’t need to go all-out with a floor-to-ceiling Pinterest-worthy Thanksgiving decor plan (though feel free if that’s your thing!). But a few well-chosen details will go a long way. String up some fairy lights or plop some little pumpkins on the table as centrepieces. Head to your craft store and grab some burlap for a makeshift table runner. Collect fall leaves and incorporate them into your place settings. 4. Open your house up early Avoid having people arrive just as the turkey’s due to hit the table, as it creates a bit of a rushed mood. Instead, have them come an hour or two early. Have light snacks and drinks available, the game on the TV, and games/activities set up for any kids. Though it sounds stressful to have people around when you’re in the peak busy-period in the kitchen, it may help to keep the evening relaxed. It means you won’t feel pressure to have Thanksgiving dinner on the table right as people are arriving. It allows your guests to soak in the smells and the little decor details in your home. And it offers an opportunity for people to lend a hand in the kitchen!

6. Set a neat Thanksgiving Dinner table If “buy good china” has been sitting on your to-do list right under “pay rent” and “put food on the table” your entire adult life, don’t stress. You don’t need a full set of matchy-matchy crockery to create a good impression with your tableware. Your everyday-use plates and cutlery will work just fine. Just ensure you set the table before your guests arrive, and include all the necessities – a dinner plate, appetizer plate, wine glass, water glass and a set of cutlery at each place setting. Place a nice napkin at each setting and voila – Thanksgiving table is set. For the items you don’t have on- hand/enough of, just go disposable. People will be too grateful to have warm food in their bellies to worry about what they’re eating off. You can get some pretty snazzy plastic plate sets (including cutlery) on Amazon these days, as well as festive plastic cups and even paper place mats. 7. Let people help There’s something wonderfully communal about throwing a Thanksgiving dinner. The more people involved in the process, the better. If someone offers to bring a dish or a bottle of wine, graciously accept. If extra hands are offered in the kitchen, take them! People love to get involved and feel like they’ve contributed to an amazing meal (and alleviated some of your stress levels too!). 5. Cater to the kids If there are going to be any kids at your Thanksgiving dinner, make sure they feel looked after. Have some kid-friendly drinks and snacks. Set their own table with paper plates, brightly coloured straws and some kind of novelty item (games or toys) that will help keep them entertained while the adults chat and enjoy the meal. If you’re feeling really industrious, you could even set up a craft space with some simple crafts like clothespin turkeys, fork-painted paper plate turkeys or fun paper pumpkin pies. Just be sure to delegate an adult to watch over the crafts if there will be very young children.

8. Allot some relaxation time After the last bite of pie has been swallowed and the last sip of coffee downed, don’t be too quick to send your guests on their way. Move into the living room to watch a movie or listen to music and chat.Make a point of spending time enjoying everyone’s company. 9. Send them home with Thanksgiving leftovers Consider sending your guests home with Thanksgiving leftovers. For an added touch look into Thankgiving leftover boxes. These containers are perfect for hot leftovers or for cramming in pieces of leftover pie. your guests will be touched and impressed that you're organized enough to send them home with their own little piece of thanksgiving dinner in a perfect little box

10. Take photos Thanksgiving memories are precious, and the photos you take at each gathering will be treasured by everyone for many years to come.

Just remember that no Thanksgiving dinner is EVER perfect. Seriously. Something will be burnt on the stove or forgotten in the fridge. There are any number of things that can go wrong, but they won’t be the things that set the tone for the day. Friends, family and a decent slice of pie are the things that will get your toe over the line. So relax, enjoy, and nail Thanksgiving dinner this year. You’ve so got this!

LOWER YOUR MORTGAGE PAYMENT FOR UP TO 3 YEARS

How it Works: 1.

The home buyers decide how many years they want a lower mortgage rate (1,2, or 3) - this is the buydown period. A cost of the prepaid interest is paid at closing. Payment will be based on a mortgage rate up to 3% lower. 1. 2. 3.

Monthly payments will be based off the rate rising by 1% each year. After the buydown period is over, the mortgage will return to its original level and continue as a fixed rate.

Interest Rates Buydown Benefits

Builders, Sellers, or Other Interested Parties - Anyone looking to incentivize a buyer can cover the cost of the prepaid interest, which will greatly increase the buyer's savings from this program. Renters Transitioning to Buying - Ready to buy but not ready for a higher interest rate? As interest rates continue to rise this loan becomes especially important for those looking to lock in a lower payment now. Buyers Expecting a Raise - This program could be especially beneficial for recent medical school or other post - graduate program graduates who expect to see an income increase soon. Buyers with Temporary Income Decrease - If you or your partner is out of the workforce for a period of time, this program can provide the necessary financial air until they are able to earn an income again.

Our Mortgage Payment Buydown comes in a 1-0, 2-1, or 3-2-1 option. Learn more when you contact us today.

Shawn Hunt Loan Officer – The Hunt Team

SVP, Area Manager NMLS ID# 1098459 M: (443) 783-0910 www.HuntTeamMortgage.com CMG Home Loans | NMLS ID# 1820

MORTGAGE DO'S AND DON'TS

Stay current on all payments on existing accounts.

Keep track of when your earnest & upgrade monies clear your bank account.

Call your Lender if you receive anything from a creditor or collection agency that might affect your scores.

Research & obtain a company for homeowners insurance as soon as possible to avoid delays.

Notify us immediately if you find out about any upcoming changes (i.e. marital status change or change in family size).

Do pay for your appraisal with a debit card only, so it can count toward the down payment required.

Don't

Apply for new credit of any kind unless we instruct you to!

Change employment or your residence prior to closing!

Use cash, borrowed funds (to include credit card advances) for earnest or closing monies!

Co-sign for anyone else's loan!

Switch banks, deposit cash or move money around!

SVP, Area Manager NMLS ID# 1098459 M: (443) 783-0910 www.HuntTeamMortgage.com CMG Home Loans | NMLS ID# 1820

Shawn Hunt Loan Officer – The Hunt Team

Due to inflation we are seeing a rise in rates, but they're still relatively low compared to rate trends throughout history.

30-Year Fixed Rate Mortgage Average in the United States

Until about 20 years ago, rates generally remained about 7.5% and home buyers still purchased homes at record rates.

National Home Sales In the United States

Rates are still comparatively low.

Shawn Hunt Loan Officer – The Hunt Team

SVP, Area Manager NMLS ID# 1098459 M: (443) 783-0910 www.HuntTeamMortgage.com CMG Home Loans | NMLS ID# 1820

HOMEOWNERSHIP TAX BENEFITS

Tax Deductions:

Mortgage Interest- Deduct up to $750,000 in interest payments. Real Estate Taxes- You can deduct state and local property taxes every year, up to $10,000/yr. Discount Points- If you paid for discount points when your loan closed, you can deduct them that same year. Mortgage Insurance- Private mortgage insurance, mortgage insurance premiums, VA & USDA funding fees are all deductible (unless your income is above the limit). Self-Employment Home Office- If you just work from home, you cant cloam this deduction. The deduction only applies to small business ones and self-employed workers who use part of their home regularly and exclusively as their primary place of business. Medically Necessary Home Improvements- Examples of these improvements include widening doors, installing ramps or lifts, lowering cabinets, and adding railings. Military Moving Expenses- If you're a part of the armed forces, have to more, and hace to pay out-of- pocket for expenses like transportation and storage of household and personal items, and travel and lodging from you old home to your new home, you can deduct these expenses

1. 2. 3.

Tax Credits:

Energy Efficient Improvements- Examples include solar electric property, solar water heaters, geothermal heat pumps, small wind turbines, and fuel cell property. Mortgage Credit Certificates- Low-to-moderate-income buyers and first-time buyers may be eligible for mortgage credit certificates, which can give you credits on your interest for your tax return.

Other Benefits: Home Sale- The capital gains tax exclusion allows you to avoid paying taxes on the first $250,000 in profits from selling your home if you're single, or $500,000 if you're married. 10.

For professional tax advice, please contact a tax professional

Shawn Hunt Loan Officer – The Hunt Team

SVP, Area Manager NMLS ID# 1098459 M: (443) 783-0910 www.HuntTeamMortgage.com CMG Home Loans | NMLS ID# 1820

FOR THE SHORTBREAD CRUST:

4 sticks butter, softened 1 c. confectioners’ sugar ½ t. salt 2 ½ c. all-purpose flour

FOR THE FILLING:

1 stick butter, melted and cooled 2/3 c. light corn syrup 1 c. packed light brown sugar 4 t. vanilla 1 t. salt 2 eggs 2 c. chopped pecans

Pecan Pie Bars

INSTRUCTIONS

Preheat oven to 350 degrees F. Spray a 9 x 13-inch baking dish with cooking spray and set aside.

FOR THE CRUST:

In a large bowl, cream the butter, sugar and salt until fluffy. Gradually beat in flour. Spread into a greased 13-in x 9-in baking pan. Bake for 16 to 20 minutes or until lightly browned. Remove the hot crust from the oven and set aside.

FOR THE FILLING:

Whisk melted butter, brown sugar, corn syrup, vanilla and salt in a large bowl until the sugar dissolves. Whisk in the eggs. Spread the filling evenly over the warm crust and sprinkle with pecans. Bake for 25-30 minutes or until set. Cool completely in the pan on a wire rack. Cut into bars.

NOTES:

How can you tell when pecan pie bars are done? The bars are done and the pecan pie filling is ready to come out of the oven at the first signs of solidity in the center of the bars. The center might jiggle a little bit, but it should not slosh around. For a fancier, sit-down dessert, try topping the bars with vanilla ice cream and caramel sauce or whipped cream. The combination can't be beat!

Winter

Replace the Air Filter Do a Test Run on your Heater Replace old Thermostat Check your propane or oil fuel Clear heating vents so air can flow freely Check for Carbon Monoxide leaks Chimney prep Prep Your Heating System:

Plumbing Prep:

Insulate Exposed Pipes Turn off exterior hoses off and drain them

Watering System Shutdown Insulate your Water Heater

Other Misc. Interior Prepwork:

Proper insulation Switch ceiling fans to clockwise position Seal leaks in attics, basements and crawl spaces Get together Emergency supplies

Other Exterior Maintenance:

Check the roof for damage Cover vents to prevent insects and rodents from getting inside Fix leaks in doors and windows Trim overgrown branches and trees Check outdoor lighting for long dark nights Check handrails are secure

Let's get

Social

@ThePayneTeamRE

November 2022

Mandala Pie's Race Through Vienna 5K

Client Appreciation

7 Days of Thankfulness

Want a mailed monthly magazine? Subscribe by going to our website www.ThePayneTeamRE.com

WE'D LOVE TO HEAR FROM YOU! Give us a call! Direct: (410) 936-0055 Office: (410) 543-4545

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