To maintain the value and stability of your house, it is important to protect the foundation from common problems.
Owning a home offers people security and pride in their investment, but foundation problems can destroy a house's structure and value. Cracks that lead to leaking and compromised structural integrity can cost homeowners thousands of dollars to repair. If you have a wet, musty basement or only see hairline cracks running along the foundation, you likely have significant foundation problems that need to be fixed. The following article will provide you with information on how to diagnose, correct, and prevent potentially costly foundation troubles.
Foundations are the support system for the entire house, responsible for keeping the structure steady against wind and rain. However, they are not immune to the damaging effects of the climate. Moisture is necessary for their soundness, but in the wrong proportions, it can cause serious hurt. For this reason, it is the responsibility of homeowners to carefully monitor the ground around their home, which in turn bears the foundation. Survey the moisture content of the soil after heavy rains to find areas where water collects. Areas with standing pools require better drainage. Add more soil in these spots to create a gentle slope down which rainwater can run. Otherwise, the water will collect around the foundation, eventually causing leaking.
Overly dry soil is equally problematic, as it can lead to a shifting foundation. If the base of the house moves too much, the entire structure can collapse under its own imbalanced weight. Movements caused by poor foundation support lead to cracking, which in turn allows for serious leaks after heavy rains or snow. Again, the best way to prevent the problem is to pay careful attention to the ground near the home. If you notice that the soil around your house is parched and cracking during hot weather, you will need to provide it with more water. Either manually spray the ground with a hose or install a sprinkler system. Do not over-saturate the ground; just add enough moisture so that the soil around the foundation is uniformly wet.
Beyond these preventative measures, much more can be done to maintain a foundation. Even sound structures can leak if they are not properly sealed because moisture from the soil can pass through the concrete. Make sure that the exterior walls of the foundation are waterproofed. Seal any cracks with a cement product, using a material that expands as it dries for larger fissures. Clean gutters regularly and install extended drainages spouts as needed to keep rainwater from emptying around the foundation. Likewise, window wells need drainage systems if they collect water after storms. Avoid placing woodpiles against the house, as they provide a home for moisture and mold. Trees and shrubs have large roots that can crack the foundation, so plant them well away from the house.
Having taken care of the exterior, homeowners should next concentrate on internal factors for foundation damage. The stale odors and mugginess in many basements are the result of trapped moisture, a problem that can be disastrous if unchecked. If there is a dirt floor in your basement, seal it and install a concrete floor to keep soil fumes and moisture from escaping into the space. Insulate any fixtures or piping that feel cold to the touch or collect condensation. The moist exhaust from dryers should be diverted outside of the house and wet clothes should not be hung in the basement. Avoid storing items in the basement unless air can circulate around them on shelves, as boxes accumulate moisture. Use a dehumidifier to draw excess moisture from the air, being sure to dispose of any items that are damp or mildewed. If the basement floods on occasion, install a drain so that water cannot stand on the floors. It is a good idea to circulate the air with fans, but do not try to air out the basement on warm, humid days. This will make the problem worse by introducing more moisture into the room.
By following these suggestions, you are likely to catch foundation issues before they become serious problems. In the event that a large repair needs to be done, it is always wise to consult a foundation expert. For instance, cracks that are numerous or keep growing are probably beyond the scope of most homeowners to remedy. Likewise, a sagging foundation is difficult and potentially dangerous to repair. Have the problem looked at as soon as possible by a professional to avoid further damage to the house’s stability. With that said, controlling the moisture around your home will likely spare you any major or expensive hassles. Prevent any potential troubles by maintaining your foundation and your house can remain as steady as the day it was built.
http://www.essortment.com/career/avoidingfoundat_symm.htm
Monday, June 25, 2007
Real estate: condominium vs apartment
This article will give readers an enticing view of what home ownership is compared to renting.
Many people may wonder if they are cut out for home ownership. It’s not a given or requirement in this life to own real estate, but most people do eventually choose to. Once you start thinking about this option, you need to evaluate if you truly do want to give up the conveniences of renting for full on home ownership.
Depending on where you live and your lifestyle, it may or may not make sense to own real estate. For example, if you live in a city where you can’t afford the real estate, or you would be house poor if you did buy a house, it doesn’t make much sense to buy a house (think New York City).
You may be thinking that you want to still have some of the conveniences of home ownership without all of the headaches that usually coming with owning a home. Usually for this sort of person, it then becomes a competition between a condo and an apartment. Again, you need to look at all of the variables, and there usually are a lot.
For example, if you do live in a big city, it might just make more sense to live in the apartment for financial reasons. A lot of times the only difference between home ownership and an apartment is that you build up equity when you own a condo, and you might be “throwing your money down the drain” with an apartment. However, the apartment has its own advantages. You will never have to take care of the lawn in an apartment. As silly as it may sound, a lot of people just do not want to spend their valuable time taking care of a lawn. Also, if something breaks when you live in an apartment, you can just call maintenance, and they will come fix it for you for free. Apartments in big cities usually have a lot of amenities that you will not get when you live in a home that you have bought. For example, a lot of them might have fantastic views of the city, maid services, cable that comes with your rent, concierges, free DVD rentals, a free gym membership (on site) with your rent, and more. It depends on where the apartment is located. An apartment’s location is also very important. If you want to be in a certain place in the city or town, that apartment might be the perfect place for you. Renting also gives you a lot more freedom- you only need to stay until your lease is out (and even that can sometimes be gotten out for a fee), and they can move around as you wish.
Just like there are advantages to an apartment, there are also certain advantages to a condo. It really just depends on what you are looking for, what is important to you, and what your priorities are at the point in your life when you are looking for somewhere to live. If you are looking to settle down some, and have plans to be in the same location for several years, buying a condo makes sense. Also, you will be paying yourself equity every month, and once you do go to sell the condo, you will most likely have made money on your investment, and be able to buy a nicer and probably bigger place.
You may be a person that enjoys gardening, but doesn’t like the hassle of mowing the lawn and shoveling. Usually condos have association fees where they will take care of all of those annoyances for you. Home ownership is good for you if you are looking for something to call your own. In a condo, you can paint your walls (usually), put up borders, and put pictures up (nails in the wall). With an apartment, you usually can’t do this, since you don’t own the property.
As you can see, there are many variables when trying to decide whether to rent an apartment or buy a condo. It all depends on what is important to you at this point in your life.
http://www.essortment.com/home/realestatecond_sujc.htm
Many people may wonder if they are cut out for home ownership. It’s not a given or requirement in this life to own real estate, but most people do eventually choose to. Once you start thinking about this option, you need to evaluate if you truly do want to give up the conveniences of renting for full on home ownership.
Depending on where you live and your lifestyle, it may or may not make sense to own real estate. For example, if you live in a city where you can’t afford the real estate, or you would be house poor if you did buy a house, it doesn’t make much sense to buy a house (think New York City).
You may be thinking that you want to still have some of the conveniences of home ownership without all of the headaches that usually coming with owning a home. Usually for this sort of person, it then becomes a competition between a condo and an apartment. Again, you need to look at all of the variables, and there usually are a lot.
For example, if you do live in a big city, it might just make more sense to live in the apartment for financial reasons. A lot of times the only difference between home ownership and an apartment is that you build up equity when you own a condo, and you might be “throwing your money down the drain” with an apartment. However, the apartment has its own advantages. You will never have to take care of the lawn in an apartment. As silly as it may sound, a lot of people just do not want to spend their valuable time taking care of a lawn. Also, if something breaks when you live in an apartment, you can just call maintenance, and they will come fix it for you for free. Apartments in big cities usually have a lot of amenities that you will not get when you live in a home that you have bought. For example, a lot of them might have fantastic views of the city, maid services, cable that comes with your rent, concierges, free DVD rentals, a free gym membership (on site) with your rent, and more. It depends on where the apartment is located. An apartment’s location is also very important. If you want to be in a certain place in the city or town, that apartment might be the perfect place for you. Renting also gives you a lot more freedom- you only need to stay until your lease is out (and even that can sometimes be gotten out for a fee), and they can move around as you wish.
Just like there are advantages to an apartment, there are also certain advantages to a condo. It really just depends on what you are looking for, what is important to you, and what your priorities are at the point in your life when you are looking for somewhere to live. If you are looking to settle down some, and have plans to be in the same location for several years, buying a condo makes sense. Also, you will be paying yourself equity every month, and once you do go to sell the condo, you will most likely have made money on your investment, and be able to buy a nicer and probably bigger place.
You may be a person that enjoys gardening, but doesn’t like the hassle of mowing the lawn and shoveling. Usually condos have association fees where they will take care of all of those annoyances for you. Home ownership is good for you if you are looking for something to call your own. In a condo, you can paint your walls (usually), put up borders, and put pictures up (nails in the wall). With an apartment, you usually can’t do this, since you don’t own the property.
As you can see, there are many variables when trying to decide whether to rent an apartment or buy a condo. It all depends on what is important to you at this point in your life.
http://www.essortment.com/home/realestatecond_sujc.htm
Home buyers guide: a definition of colonial style houses
Colonial style houses orignated in the early 1800s and have remained a popular home that offers both simplicity and efficiency.
Colonial style houses tend to be a popular style of housing with floor plans that are both attractive and functional. The rectangular style house offers a center door and may include majestic columns that flank the entryway. Houses built in the colonial style usually have two full floors.
Because this house is symmetrical in design, usually there are two windows on either side of the door that are framed with matching shutters. Generally the living space on both floors is equal in this type of house. The second floor houses all of the bedrooms with the first floor reserved for family room, living room, kitchen and formal dining room. Floor plans for these types of homes are usually designed with both simplicity and efficiency in mind.
The history of the colonial house dates back to the early 18th century when the style of the house was developed. In the early 1700s New England houses usually were built two stories high and one room deep with a chimney in the center. Over time more space was added to these houses and the style evolved into the house it is today, offering two full sized floors and usually an equal amount of living space on each level.
The main entry of this house opens into a center hall with a stairway. Once inside you will usually find a living room to one side of the stairway and a dining room on the opposite side. To the back of the house there will be a kitchen and another room adjacent to the kitchen, such as a den or family room. Sometimes the more modern colonials are built with porches or large decks and may include an attached garage.
Although there have been some stylistic changes to the house since its development in the early days of the colonies, the main theme of the home remains the same. The house is symmetrical in nature and is functional as well as practical.
If you are building a new home, there are many different colonial house plans to choose from. You may decide to build a house that is true to traditional colonial structure or pick a plan that expands on the theme. If you prefer to shop for houses that are already built, there are a variety of colonials on the market, from newer models to vintage homes. And, depending on the size of the house, you can expect to find any number of bedroom and bathroom combinations.
Something else that you may find when shopping for a colonial style house is the home that has been expanded or altered, which can sometimes prove to be an interesting change to the somewhat boxy nature of the house. For instance, in some colonials you may find additions that have been added to either side of the house, such as a sun porch. Or you may see a colonial house that has a third floor with dormers, elaborate decking or a front porch addition.
Colonial houses have remained popular for many reasons. It seems the colonists knew what they were doing when they made this house their mainstay. It is both pleasing to the eye as well as a good place for family living. One aspect of the house that makes it so attractive to families is the fact that the bedrooms are neatly tucked away upstairs. After a long day of child rearing or working at the office, this home leaves ample space for parents to relax and unwind.
http://www.essortment.com/home/realestatecond_sujc.htm
Colonial style houses tend to be a popular style of housing with floor plans that are both attractive and functional. The rectangular style house offers a center door and may include majestic columns that flank the entryway. Houses built in the colonial style usually have two full floors.
Because this house is symmetrical in design, usually there are two windows on either side of the door that are framed with matching shutters. Generally the living space on both floors is equal in this type of house. The second floor houses all of the bedrooms with the first floor reserved for family room, living room, kitchen and formal dining room. Floor plans for these types of homes are usually designed with both simplicity and efficiency in mind.
The history of the colonial house dates back to the early 18th century when the style of the house was developed. In the early 1700s New England houses usually were built two stories high and one room deep with a chimney in the center. Over time more space was added to these houses and the style evolved into the house it is today, offering two full sized floors and usually an equal amount of living space on each level.
The main entry of this house opens into a center hall with a stairway. Once inside you will usually find a living room to one side of the stairway and a dining room on the opposite side. To the back of the house there will be a kitchen and another room adjacent to the kitchen, such as a den or family room. Sometimes the more modern colonials are built with porches or large decks and may include an attached garage.
Although there have been some stylistic changes to the house since its development in the early days of the colonies, the main theme of the home remains the same. The house is symmetrical in nature and is functional as well as practical.
If you are building a new home, there are many different colonial house plans to choose from. You may decide to build a house that is true to traditional colonial structure or pick a plan that expands on the theme. If you prefer to shop for houses that are already built, there are a variety of colonials on the market, from newer models to vintage homes. And, depending on the size of the house, you can expect to find any number of bedroom and bathroom combinations.
Something else that you may find when shopping for a colonial style house is the home that has been expanded or altered, which can sometimes prove to be an interesting change to the somewhat boxy nature of the house. For instance, in some colonials you may find additions that have been added to either side of the house, such as a sun porch. Or you may see a colonial house that has a third floor with dormers, elaborate decking or a front porch addition.
Colonial houses have remained popular for many reasons. It seems the colonists knew what they were doing when they made this house their mainstay. It is both pleasing to the eye as well as a good place for family living. One aspect of the house that makes it so attractive to families is the fact that the bedrooms are neatly tucked away upstairs. After a long day of child rearing or working at the office, this home leaves ample space for parents to relax and unwind.
http://www.essortment.com/home/realestatecond_sujc.htm
Safety issues when buying a home
Make a list of your most important safety issues before shopping for a new home. Ask the realtor about various hazards before signing a contract.
If you are not currently in the market for a new home, chances are you will be in the not too distant future. Most people change homes several times during their lives, so you might as well plan on getting the best and safest home for your money.
A home that is for sale may have several possible problems that you need to know about. Make a list of all safety concerns you may have and take it with you when you visit a home.
1. Structural problems. Ask about the foundation, walls, chimney, and roof. Make sure they are all sound and problem-free. You don't want the walls to crack or buckle and perhaps cave in after you are living there. Nor should the fireplace smoke or emit carbon dioxide after a fire has been built.
2. Water, air, and earth issues. Find out if there is or was a toxic waste dump located within five miles of your property. If so, you should have the well water (unless you have city water) tested for toxins. If that comes back positive, consider having your air and soil checked as well. Sometimes chemical waste can drift, float, or otherwise travel several miles to infiltrate personal property. Chemical fertilizers and other substances must be ruled out for your peace of mind.
3. Ask about internal toxicity. Lead paint, radon, and carbon monoxide can cause problems for any member of the family or even a pet. That is why you need to inquire about these problems or arrange to test for them in the home. Sometimes the home's seller will pay for these tests, or they may be willing to split the cost. Occasionally you may have to pay for them yourself, but knowing about problems, if any, will be worth it.
4. Check passageways and entries as well as windows. Doors, screens, locks, windows, crawl spaces, and other access areas should be checked for burglar-resistant capacity. You might have to change the locks or add dead bolts to make your dwelling more secure. Make sure all windows close and lock, especially second floor windows, to keep children from falling out. Examine steps, thresholds, and floorboards to repair any loose or broken areas.
5. Inquire about rodent infestation. Insect nests that are built into the walls or vents of the home are hazardous to the home's residents. Rats, mice, and other creatures can expose your children to rabies or bites. Other types of bugs or spiders carry venom and possibly germs that are potentially harmful to children. Find out what type of living things occupy the home or live near it so you can be fully prepared.
Most of us pick out homes based on convenience, comfort, and beauty. Don't forget to check for safety features that can help you save money now and possibly protect lives as well. Take along your list and check it twice before making a decision on a new home. You will be glad you brought a written list of items that can help you ensure that nothing of importance is overlooked or forgotten.
http://www.essortment.com/career/safetyissuesbu_turk.htm
If you are not currently in the market for a new home, chances are you will be in the not too distant future. Most people change homes several times during their lives, so you might as well plan on getting the best and safest home for your money.
A home that is for sale may have several possible problems that you need to know about. Make a list of all safety concerns you may have and take it with you when you visit a home.
1. Structural problems. Ask about the foundation, walls, chimney, and roof. Make sure they are all sound and problem-free. You don't want the walls to crack or buckle and perhaps cave in after you are living there. Nor should the fireplace smoke or emit carbon dioxide after a fire has been built.
2. Water, air, and earth issues. Find out if there is or was a toxic waste dump located within five miles of your property. If so, you should have the well water (unless you have city water) tested for toxins. If that comes back positive, consider having your air and soil checked as well. Sometimes chemical waste can drift, float, or otherwise travel several miles to infiltrate personal property. Chemical fertilizers and other substances must be ruled out for your peace of mind.
3. Ask about internal toxicity. Lead paint, radon, and carbon monoxide can cause problems for any member of the family or even a pet. That is why you need to inquire about these problems or arrange to test for them in the home. Sometimes the home's seller will pay for these tests, or they may be willing to split the cost. Occasionally you may have to pay for them yourself, but knowing about problems, if any, will be worth it.
4. Check passageways and entries as well as windows. Doors, screens, locks, windows, crawl spaces, and other access areas should be checked for burglar-resistant capacity. You might have to change the locks or add dead bolts to make your dwelling more secure. Make sure all windows close and lock, especially second floor windows, to keep children from falling out. Examine steps, thresholds, and floorboards to repair any loose or broken areas.
5. Inquire about rodent infestation. Insect nests that are built into the walls or vents of the home are hazardous to the home's residents. Rats, mice, and other creatures can expose your children to rabies or bites. Other types of bugs or spiders carry venom and possibly germs that are potentially harmful to children. Find out what type of living things occupy the home or live near it so you can be fully prepared.
Most of us pick out homes based on convenience, comfort, and beauty. Don't forget to check for safety features that can help you save money now and possibly protect lives as well. Take along your list and check it twice before making a decision on a new home. You will be glad you brought a written list of items that can help you ensure that nothing of importance is overlooked or forgotten.
http://www.essortment.com/career/safetyissuesbu_turk.htm
How to get government grants and loans to repair your home
If your home is falling apart and you simply don't have the money to fix it you may qualify for government help.
When you purchased your home you may not have known that in the future the house would become needy of repairs that you simply could not afford. Instead of watching the continuing decline of your home’s health there could be some help available. If you’re a homeowner who needs repair work done but can’t afford it you may qualify for help from the government. Federal loan and grant programs are available to those with low incomes, moderate incomes and the elderly. Disabled homeowners also qualify for certain assistance. The assistance can even include getting help to purchase the home.
For very low-income families who have homes in disrepair the government will often help with repairs that make the home safer or more sanitary. This would include backed-up plumbing, weak floors or handicap ramps. It would also cover having a furnace put in rather than using a wood stove or for repairing a leaking roof. Homeowners over the age of 62 may be eligible for home improvement grants of up to $7500. Loans of up to $20,000 can be paid back at a meager 1% interest from our government. A reasonable credit history is required for large loans, though, so check your credit rating before applying. Grants are not based on credit but on need and qualifications. With grants there’s only so much money which has been allotted so the sooner you apply the better your chances are of receiving help.
If you’ve been a victim of a hurricane or severe storm and you aren’t a high-income resident you probably qualify for help in having damages repaired. The grants include money for roofs, tree removal, lawn re-grooming, window replacements and more. In some cases you can be reimbursed the money that you’ve already paid for reparations. Contact your USDA office for more information about this type of assistance. You can also go online and do a search for low-income home assistance to find numbers of area government offices that may be of more assistance.
There are assorted loan and grant programs but certain ones will pay for things that others won’t. For instance, rural residents in populations of 10,000 or less can qualify for a loan that homeowners in larger cities can’t. People who own a home in a downtown historic district can receive loans and grants that rural homeowners aren’t eligible to receive.
Some stipulations apply when attempting to get a grant or a loan and there’s quite a bit of paperwork involved in requesting the assistance. It’s also an undertaking that will take a little time to complete. Also, the loans can be requested even if you have another loan against the house, in some cases. Maximum repayment periods usually run between 20 and 30 years. The applicant is responsible for paying the credit report fee for loans, real estate appraisals and any loan closing costs. In most cases any bankruptcies that you’ve had must be at least 3 years old. Collateral on loans is usually a mortgage on the real estate in question.
http://nvnv.essortment.com/getgovernmentg_tvqd.htm
When you purchased your home you may not have known that in the future the house would become needy of repairs that you simply could not afford. Instead of watching the continuing decline of your home’s health there could be some help available. If you’re a homeowner who needs repair work done but can’t afford it you may qualify for help from the government. Federal loan and grant programs are available to those with low incomes, moderate incomes and the elderly. Disabled homeowners also qualify for certain assistance. The assistance can even include getting help to purchase the home.
For very low-income families who have homes in disrepair the government will often help with repairs that make the home safer or more sanitary. This would include backed-up plumbing, weak floors or handicap ramps. It would also cover having a furnace put in rather than using a wood stove or for repairing a leaking roof. Homeowners over the age of 62 may be eligible for home improvement grants of up to $7500. Loans of up to $20,000 can be paid back at a meager 1% interest from our government. A reasonable credit history is required for large loans, though, so check your credit rating before applying. Grants are not based on credit but on need and qualifications. With grants there’s only so much money which has been allotted so the sooner you apply the better your chances are of receiving help.
If you’ve been a victim of a hurricane or severe storm and you aren’t a high-income resident you probably qualify for help in having damages repaired. The grants include money for roofs, tree removal, lawn re-grooming, window replacements and more. In some cases you can be reimbursed the money that you’ve already paid for reparations. Contact your USDA office for more information about this type of assistance. You can also go online and do a search for low-income home assistance to find numbers of area government offices that may be of more assistance.
There are assorted loan and grant programs but certain ones will pay for things that others won’t. For instance, rural residents in populations of 10,000 or less can qualify for a loan that homeowners in larger cities can’t. People who own a home in a downtown historic district can receive loans and grants that rural homeowners aren’t eligible to receive.
Some stipulations apply when attempting to get a grant or a loan and there’s quite a bit of paperwork involved in requesting the assistance. It’s also an undertaking that will take a little time to complete. Also, the loans can be requested even if you have another loan against the house, in some cases. Maximum repayment periods usually run between 20 and 30 years. The applicant is responsible for paying the credit report fee for loans, real estate appraisals and any loan closing costs. In most cases any bankruptcies that you’ve had must be at least 3 years old. Collateral on loans is usually a mortgage on the real estate in question.
http://nvnv.essortment.com/getgovernmentg_tvqd.htm
How to reduce your property tax
There are a number of things that can be done to reduce your property taxes and help keep the cost of owning a home down.
Buying a home is a major investment in time and money. One of the many annual costs of owning a home is property tax. The taxes collected on your property help fund local schools, government, and a number of other local and federal programs. However, you do not have to overpay to be honoring your civic duty by paying taxes. There are a number of things that can be done to lower your taxes and help keep the cost of owning a home down.
The most important thing you can do is get an accurate assessment of the value of your home. Each year a Tax Assessor will come to your house and evaluate the value of your home. The purpose of this evaluation is to see what changes have taken place on your property (such as home improvements, new construction, deterioration or restoration of the home, etc.), and surrounding properties. The Assessor will also take into consideration the "Fair Market Value" of any homes recently sold in your area, the estimated cost to replace your property, and how much income value your property would have if leased or sold. The purpose of the assessment isn't necessarily to raise your taxes, but to help determine the true value of your property as compared to those in the surrounding area. Once a value is determined, your annual property taxes will be a percentage of that value. The Tax Assessor cannot determine the rate of taxation, just the value of your house. Town, county, schools, and special districts determine your annual property tax rate. You cannot contest the rate of taxation with the assessor.
Because so much personal discretion is used by each individual Tax Assessor, there have been many avenues set up for home owners to contest the assessed value of their homes and seek a lower value, which then results in lower taxes. The simplest way to contest your Tax Assessment is to speak with the person who did the assessment. You can argue that your home was over-valued and request that the estimated value be reduced. If you do not achieve the desired results from talking with your Tax Assessor, then you can request information on administrative or judicial review procedures. These will vary from state to state and from each county within a state. Be prepared to back up your reasons for wanting your assessment lowered with factual information.
In keeping with getting an accurate assessment of your home, it's very important to be up to date on the market value of properties in the surrounding area. Talk to your neighbors. Find out what their homes are valued at, and how much they are paying in taxes each year. Talk to people who have just bought or sold a house in your neighborhood to determine the true market value of the area. You can also speak with local realtors to see what homes area really selling for. If you just bought a home, the estimate may be slightly inflated. Most sellers want a higher estimate before they sell in an effort to get more money for the house. If you've been in your home for a number of years, you may be unaware of the rise or fall in property value in your area. If your neighbor's house is similar to your own, and valued at much lower cost you would have very good grounds to contest the value of your home and reduce the cost of its taxable value.
Other important avenues to explore are any tax exemptions you may be eligible for. For example, homeowners who own and live in their primary dwelling can use The Homestead Act to literally take thousands of dollars off their estimated property value thereby saving hundreds in taxes. Contact your local Tax Assessment office for exemptions available in your area.
If you have the time and want to put in the effort you can protest the rate of local taxes at their source: the people and organizations who create tax rates. Go to school board meetings, county meetings, and other committee meetings created to determine the tax rate in your county. By participating in these events, and voicing your concerns as a citizen you will be helping determine the route your county will take in determining the next years tax rate.
Last but not least, if you have a FHA mortgage loan be sure your lender is not overcharging you when they collect for yearly taxes. With a conventional loan this isn't an issue because the homeowner is personally responsible for the payment of taxes. With an FHA loan, the lender estimates the yearly taxes due and breaks that amount down into 12 payments included as part of your monthly mortgage payment. If this estimate is off, you could be paying more than you need to each year. If you feel that your mortgage company over charged you, file a complaint with them and you will receive reimbursement for any money owed to you.
http://oror.essortment.com/reduceyourprop_rlyk.htm
Buying a home is a major investment in time and money. One of the many annual costs of owning a home is property tax. The taxes collected on your property help fund local schools, government, and a number of other local and federal programs. However, you do not have to overpay to be honoring your civic duty by paying taxes. There are a number of things that can be done to lower your taxes and help keep the cost of owning a home down.
The most important thing you can do is get an accurate assessment of the value of your home. Each year a Tax Assessor will come to your house and evaluate the value of your home. The purpose of this evaluation is to see what changes have taken place on your property (such as home improvements, new construction, deterioration or restoration of the home, etc.), and surrounding properties. The Assessor will also take into consideration the "Fair Market Value" of any homes recently sold in your area, the estimated cost to replace your property, and how much income value your property would have if leased or sold. The purpose of the assessment isn't necessarily to raise your taxes, but to help determine the true value of your property as compared to those in the surrounding area. Once a value is determined, your annual property taxes will be a percentage of that value. The Tax Assessor cannot determine the rate of taxation, just the value of your house. Town, county, schools, and special districts determine your annual property tax rate. You cannot contest the rate of taxation with the assessor.
Because so much personal discretion is used by each individual Tax Assessor, there have been many avenues set up for home owners to contest the assessed value of their homes and seek a lower value, which then results in lower taxes. The simplest way to contest your Tax Assessment is to speak with the person who did the assessment. You can argue that your home was over-valued and request that the estimated value be reduced. If you do not achieve the desired results from talking with your Tax Assessor, then you can request information on administrative or judicial review procedures. These will vary from state to state and from each county within a state. Be prepared to back up your reasons for wanting your assessment lowered with factual information.
In keeping with getting an accurate assessment of your home, it's very important to be up to date on the market value of properties in the surrounding area. Talk to your neighbors. Find out what their homes are valued at, and how much they are paying in taxes each year. Talk to people who have just bought or sold a house in your neighborhood to determine the true market value of the area. You can also speak with local realtors to see what homes area really selling for. If you just bought a home, the estimate may be slightly inflated. Most sellers want a higher estimate before they sell in an effort to get more money for the house. If you've been in your home for a number of years, you may be unaware of the rise or fall in property value in your area. If your neighbor's house is similar to your own, and valued at much lower cost you would have very good grounds to contest the value of your home and reduce the cost of its taxable value.
Other important avenues to explore are any tax exemptions you may be eligible for. For example, homeowners who own and live in their primary dwelling can use The Homestead Act to literally take thousands of dollars off their estimated property value thereby saving hundreds in taxes. Contact your local Tax Assessment office for exemptions available in your area.
If you have the time and want to put in the effort you can protest the rate of local taxes at their source: the people and organizations who create tax rates. Go to school board meetings, county meetings, and other committee meetings created to determine the tax rate in your county. By participating in these events, and voicing your concerns as a citizen you will be helping determine the route your county will take in determining the next years tax rate.
Last but not least, if you have a FHA mortgage loan be sure your lender is not overcharging you when they collect for yearly taxes. With a conventional loan this isn't an issue because the homeowner is personally responsible for the payment of taxes. With an FHA loan, the lender estimates the yearly taxes due and breaks that amount down into 12 payments included as part of your monthly mortgage payment. If this estimate is off, you could be paying more than you need to each year. If you feel that your mortgage company over charged you, file a complaint with them and you will receive reimbursement for any money owed to you.
http://oror.essortment.com/reduceyourprop_rlyk.htm
Buying property in France
Everything you need to know about buying property in la belle France.
With the dollar remaining strong against the franc, now is a good time to contemplate buying a house in France. Bargains are few in Paris and Provence, but in much of the rest of the country a solid, well-built, picturesque home can be bought for anywhere from US$50,000 to US$500,000, depending on the region and how much renovation you are prepared to handle.
I bought my own home in the Dordogne, in the southwest of the country, eight years ago, when the dollar was also stronger than average. I chose the Dordogne because it was dear to my heart, but other factors entered into the decision as well: houses were not expensive there, for the most part, and the region sees a good number of tourists in the summer months. Because I planned to rent the house by the week when we weren't using it, I needed to know it was in an area with plenty of attractions. Every buyer has different requirements. And every buyer needs a plan. The tips below are designed to help would-be owners of French property to formulate and carry out such a plan.
Getting Prepared
Although people do do it, it's certainly not advisable to buy property without knowing a good deal about the region in which you are buying. Visit often, and get to know what life would be like there for a few weeks or for an extended time. Where would you (or your guests or renters) shop, buy gas, get a car fixed? Where are the nearest train stations and airports? Who would be your neighbors? What is there to do in winter when the tourists have gone home? Are plumbers and carpenters and masons and electricians nearby? Living in a house in France, even as a short-term renter requires adaptations: make sure you are confident you could conduct your daily life in the region without undue frustration before you buy.
People also buy houses in France without speaking French. I don't recommend it. I once wrote a check to a local merchant for a new refrigerator and he looked astonished and told me that most of his British customers hand the check to him and let him fill it out because they don't know how to write a French check. If you don't speak French, you may be able to get by, but it will be a struggle, and your chances of getting ripped off will be high. You needn't be fluent - few of us truly are - but my rule of thumb is, if you're not prepared to have a telephone conversation with a workman, you're not ready yet.
You can visit properties for sale with one or more real estate agencies (agences immobilier), on your own using published listings, or both. English-speaking real estate agencies do exist, and many agencies will have at least one agent who speaks English. For each property you inspect, find out who has owned the house in recent history and how it has been used (as a year-round residence, as a rental home, or as a holiday home). Inquire about utility bills (electricity, e.g., is a good deal more expensive in France than in the USA) and property and local taxes (they vary by département and municipality). Inquire as to who the neighbors are and what they do - I found the French loved to divulge information about the people who lived nearby, and in some cases learned useful information in making a decision (I did not buy the house down the lane from the guy who raised boar).
When I met with the owner of the house I eventually bought, I drew up a list of about 100 questions the night before the meeting. The poor man was shocked when I pulled out the list, but I received a good education on French property from going through this exercise. I asked about every system in the house (heat, electrical, water, gas) and every appliance. I had him show me how to turn everything on and off. I ran him around the entire property, asking where the septic system was, what the property boundaries were, how the pool controls worked - and I made maps of the property so I would remember everything. I also measured the house and made floor plans. I got the names and addresses of people who lived nearby who might care for the property when I wasn't there. I asked him for recommendations for workmen who might already be familiar with the house and who were reliable. I asked him about wild animals, about insects, about bushes and trees and how to care for them. I got information about doctors and dentists, clinics and pharmacies. I asked about the age of the roof (and climbed all over it to inspect it), what repairs had been made and when anywhere on the property, when additions had been put on, and who had lived in the house and how it had been used. I asked everything I could think to ask.
How the System Works
When I was satisfied I wanted to buy the house, the negotiations began. Keep in mind that the listed price is most often not the actual price, unless the listing indicates frais compris, or fees included. Assume that you can negotiate with the seller, just as you do here, and shave something off the price. Then, to that negotiated price, you must add an additional 10 percent, called a dépôt de garantie, which you put up when you sign the promesse d'achat, or promse to buy. This amount goes into an escrow account, earning no interest, until the purchase is completed (two to three months, on average). It covers the cost of the mortgage application, notary and legal fees, and real estate commissions.
At the same time that you sign the promesse d'achat, the seller signs a promesse de vente, or promise to sell. You have now entered into a mutual agreement. You can get out of this agreement, but not without forfeiting the 10 percent you have put down, so be sure you have found the house of your dreams before you sign on the dotted line. Also be sure that the promesse d'achat contains a clause suspensive de prêt, which will render the promesse invalid if you are unable to obtain a mortgage.
The best, or least complicated, way to buy a house is by yourself or with your spouse. Other arrangements, even joint purchases with relatives and friends, should be avoided unless you are willing either to pay more (as in the case of a group of people who band together into a kind of business group to buy) or to invest some serious time in researching France's notoriously complex inheritance laws. Many agents and notaries will discourage or even prohibit joint purchases. If you insist on joint ownership, you may apply for recognition as a société civile immobilière, which is essentially a jointly owned company in which purchasers receive shares according to the amount they contribute to the purchase. The initial cost to establish such a société is about FF35,000, with about FF10,000 payable yearly thereafter.
Acting on what seemed like good advice from my French agent, I first tried to obtain a mortgage from my own bank in America. They had never heard of such a thing and wouldn't contemplate it. They sent me to the Banque Nationale de Paris in New York, where a loan officer kept asking me "You want to buy a house in France where?" a grammatical oddity that had me befuddled for some time before I realized she thought I meant a town called France somewhere in the USA. When I said "France, Europe" there was an endless pause, then a definite "No. No. We don't do that." After many such conversations with U.S. banks, I gave up and went back to my agent. "No problem," she said, "we arrange mortgages for clients all the time." So, though I had to relinquish the control of researching and selecting the right company, the matter was taken care of expeditiously and at no extra cost to me. Getting a mortgage for clients is one thing you are paying the 10 percent fee for, though your agent may not volunteer that information.
One month's worth of pay stubs, personal income tax returns, three years of corporate returns because we owned a business, and a statement from an accountant as to past and projected earnings were the only things required to satisfy the loan officers. Our real estate agent opened an account for us at a local bank (required to obtain a mortgage) with a draft in French francs that we mailed to her. The loan was approved in three weeks. Following the agent's advice, we chose an ARM loan (and as interest rates have dropped dramatically since our purchase, are glad we did).
Our agent told us that unless we resided in Europe full-time, the most the mortgage company would give us was 70 percent of the price of the house. I don't know if that's French law, or just our mortgage company, but most Americans I know who have bought houses in France have put down between 30 and 50 percent. We put down 30 percent, in addition to the 10 percent we had already paid into the dépôt de garantie, for a total of 40 percent. The longest term mortgage offered is 15 years.
Finalizing the deal involves signing a document called the procuration, the final commitment paper. You can travel to France and sign this or you can sign and have it witnessed at the French embassy or a consulate. The cost for us was FF600. When all documentation is signed, your notary will hold a meeting at which the buyer and seller normally appear. If you cannot, or choose not to (as we did) attend that meeting, it is essential that your signed procuration, bearing the seal of the French embassy, be in the hands of your notary at this meeting. At some point, your notary will mail or deliver the deed to your house. Mine arrived one afternoon five months after our purchase, carried by a lady with a market basket. My deed was wedged between the carrots and lettuce.
http://lala.essortment.com/buyingproperty_rvpk.htm
With the dollar remaining strong against the franc, now is a good time to contemplate buying a house in France. Bargains are few in Paris and Provence, but in much of the rest of the country a solid, well-built, picturesque home can be bought for anywhere from US$50,000 to US$500,000, depending on the region and how much renovation you are prepared to handle.
I bought my own home in the Dordogne, in the southwest of the country, eight years ago, when the dollar was also stronger than average. I chose the Dordogne because it was dear to my heart, but other factors entered into the decision as well: houses were not expensive there, for the most part, and the region sees a good number of tourists in the summer months. Because I planned to rent the house by the week when we weren't using it, I needed to know it was in an area with plenty of attractions. Every buyer has different requirements. And every buyer needs a plan. The tips below are designed to help would-be owners of French property to formulate and carry out such a plan.
Getting Prepared
Although people do do it, it's certainly not advisable to buy property without knowing a good deal about the region in which you are buying. Visit often, and get to know what life would be like there for a few weeks or for an extended time. Where would you (or your guests or renters) shop, buy gas, get a car fixed? Where are the nearest train stations and airports? Who would be your neighbors? What is there to do in winter when the tourists have gone home? Are plumbers and carpenters and masons and electricians nearby? Living in a house in France, even as a short-term renter requires adaptations: make sure you are confident you could conduct your daily life in the region without undue frustration before you buy.
People also buy houses in France without speaking French. I don't recommend it. I once wrote a check to a local merchant for a new refrigerator and he looked astonished and told me that most of his British customers hand the check to him and let him fill it out because they don't know how to write a French check. If you don't speak French, you may be able to get by, but it will be a struggle, and your chances of getting ripped off will be high. You needn't be fluent - few of us truly are - but my rule of thumb is, if you're not prepared to have a telephone conversation with a workman, you're not ready yet.
You can visit properties for sale with one or more real estate agencies (agences immobilier), on your own using published listings, or both. English-speaking real estate agencies do exist, and many agencies will have at least one agent who speaks English. For each property you inspect, find out who has owned the house in recent history and how it has been used (as a year-round residence, as a rental home, or as a holiday home). Inquire about utility bills (electricity, e.g., is a good deal more expensive in France than in the USA) and property and local taxes (they vary by département and municipality). Inquire as to who the neighbors are and what they do - I found the French loved to divulge information about the people who lived nearby, and in some cases learned useful information in making a decision (I did not buy the house down the lane from the guy who raised boar).
When I met with the owner of the house I eventually bought, I drew up a list of about 100 questions the night before the meeting. The poor man was shocked when I pulled out the list, but I received a good education on French property from going through this exercise. I asked about every system in the house (heat, electrical, water, gas) and every appliance. I had him show me how to turn everything on and off. I ran him around the entire property, asking where the septic system was, what the property boundaries were, how the pool controls worked - and I made maps of the property so I would remember everything. I also measured the house and made floor plans. I got the names and addresses of people who lived nearby who might care for the property when I wasn't there. I asked him for recommendations for workmen who might already be familiar with the house and who were reliable. I asked him about wild animals, about insects, about bushes and trees and how to care for them. I got information about doctors and dentists, clinics and pharmacies. I asked about the age of the roof (and climbed all over it to inspect it), what repairs had been made and when anywhere on the property, when additions had been put on, and who had lived in the house and how it had been used. I asked everything I could think to ask.
How the System Works
When I was satisfied I wanted to buy the house, the negotiations began. Keep in mind that the listed price is most often not the actual price, unless the listing indicates frais compris, or fees included. Assume that you can negotiate with the seller, just as you do here, and shave something off the price. Then, to that negotiated price, you must add an additional 10 percent, called a dépôt de garantie, which you put up when you sign the promesse d'achat, or promse to buy. This amount goes into an escrow account, earning no interest, until the purchase is completed (two to three months, on average). It covers the cost of the mortgage application, notary and legal fees, and real estate commissions.
At the same time that you sign the promesse d'achat, the seller signs a promesse de vente, or promise to sell. You have now entered into a mutual agreement. You can get out of this agreement, but not without forfeiting the 10 percent you have put down, so be sure you have found the house of your dreams before you sign on the dotted line. Also be sure that the promesse d'achat contains a clause suspensive de prêt, which will render the promesse invalid if you are unable to obtain a mortgage.
The best, or least complicated, way to buy a house is by yourself or with your spouse. Other arrangements, even joint purchases with relatives and friends, should be avoided unless you are willing either to pay more (as in the case of a group of people who band together into a kind of business group to buy) or to invest some serious time in researching France's notoriously complex inheritance laws. Many agents and notaries will discourage or even prohibit joint purchases. If you insist on joint ownership, you may apply for recognition as a société civile immobilière, which is essentially a jointly owned company in which purchasers receive shares according to the amount they contribute to the purchase. The initial cost to establish such a société is about FF35,000, with about FF10,000 payable yearly thereafter.
Acting on what seemed like good advice from my French agent, I first tried to obtain a mortgage from my own bank in America. They had never heard of such a thing and wouldn't contemplate it. They sent me to the Banque Nationale de Paris in New York, where a loan officer kept asking me "You want to buy a house in France where?" a grammatical oddity that had me befuddled for some time before I realized she thought I meant a town called France somewhere in the USA. When I said "France, Europe" there was an endless pause, then a definite "No. No. We don't do that." After many such conversations with U.S. banks, I gave up and went back to my agent. "No problem," she said, "we arrange mortgages for clients all the time." So, though I had to relinquish the control of researching and selecting the right company, the matter was taken care of expeditiously and at no extra cost to me. Getting a mortgage for clients is one thing you are paying the 10 percent fee for, though your agent may not volunteer that information.
One month's worth of pay stubs, personal income tax returns, three years of corporate returns because we owned a business, and a statement from an accountant as to past and projected earnings were the only things required to satisfy the loan officers. Our real estate agent opened an account for us at a local bank (required to obtain a mortgage) with a draft in French francs that we mailed to her. The loan was approved in three weeks. Following the agent's advice, we chose an ARM loan (and as interest rates have dropped dramatically since our purchase, are glad we did).
Our agent told us that unless we resided in Europe full-time, the most the mortgage company would give us was 70 percent of the price of the house. I don't know if that's French law, or just our mortgage company, but most Americans I know who have bought houses in France have put down between 30 and 50 percent. We put down 30 percent, in addition to the 10 percent we had already paid into the dépôt de garantie, for a total of 40 percent. The longest term mortgage offered is 15 years.
Finalizing the deal involves signing a document called the procuration, the final commitment paper. You can travel to France and sign this or you can sign and have it witnessed at the French embassy or a consulate. The cost for us was FF600. When all documentation is signed, your notary will hold a meeting at which the buyer and seller normally appear. If you cannot, or choose not to (as we did) attend that meeting, it is essential that your signed procuration, bearing the seal of the French embassy, be in the hands of your notary at this meeting. At some point, your notary will mail or deliver the deed to your house. Mine arrived one afternoon five months after our purchase, carried by a lady with a market basket. My deed was wedged between the carrots and lettuce.
http://lala.essortment.com/buyingproperty_rvpk.htm
Pros and cons: To rent or to buy a home?
Deciding whether to rent or buy a home is a decision take very seriously for you and your family. Look at the pros and cons and be well-informed.
Making the decision to rent or buy a house is a huge one. Each choice comes with its own set of pros and cons and which works depends on your individual circumstances.
Renting a house has the obvious advantage of being easier to depart from. There is usually only one month or the duration of a lease to complete and you can be well on your way. A house of your own can take much longer to sell leaving you stranded where you are unless you decide to rent your home and move on.
The obvious drawback, or so it appears, of renting a house is that the money you pay for rent each month goes to the owner and leaves you with nothing gained other than a place to live. The owner of the property has the benefit of the investment which is earning more value every year, while you merely pay money and gain no extra potential earnings.
However, though there is an advantage in the investment part of home ownership there is the disadvantage of needing to have the funds available to make sometimes very costly repairs and maintenance. So that investment is coming with a price tag all its own.
If you have pets to consider then renting becomes a real difficulty. Many landlords are unwilling to budge on their no-pet policy and you may spend months more looking for housing than you would if you were purchasing.
Purchasing a house requires a large amount of money in most cases, compared with the average of $2000 to obtain a rental. Buying a house requires money for a down payment as well as closing costs which can easily near $5000 or more.
If your family is expanding, then purchasing a house now for your current needs and income may be pointless if you will need to move in a few short years. Once children play into the picture the previous carefree days of moving are gone. Though still a thrill for some people, it is usually a real pain for the children, especially if relocating takes them far from familiarity and friends.
Finding a rental may be quicker in some cases if you don't have a lot of requirements like pets or location. Some rentals can be available the day you are looking while buying a house usually takes at least thirty days to move into.
However you decide to make your decision, you are ultimately considering finances, family size, available funds and desired stability. With those in mind you can choose which option is best for you.
http://scsc.essortment.com/homebuyrent_rugs.htm
Making the decision to rent or buy a house is a huge one. Each choice comes with its own set of pros and cons and which works depends on your individual circumstances.
Renting a house has the obvious advantage of being easier to depart from. There is usually only one month or the duration of a lease to complete and you can be well on your way. A house of your own can take much longer to sell leaving you stranded where you are unless you decide to rent your home and move on.
The obvious drawback, or so it appears, of renting a house is that the money you pay for rent each month goes to the owner and leaves you with nothing gained other than a place to live. The owner of the property has the benefit of the investment which is earning more value every year, while you merely pay money and gain no extra potential earnings.
However, though there is an advantage in the investment part of home ownership there is the disadvantage of needing to have the funds available to make sometimes very costly repairs and maintenance. So that investment is coming with a price tag all its own.
If you have pets to consider then renting becomes a real difficulty. Many landlords are unwilling to budge on their no-pet policy and you may spend months more looking for housing than you would if you were purchasing.
Purchasing a house requires a large amount of money in most cases, compared with the average of $2000 to obtain a rental. Buying a house requires money for a down payment as well as closing costs which can easily near $5000 or more.
If your family is expanding, then purchasing a house now for your current needs and income may be pointless if you will need to move in a few short years. Once children play into the picture the previous carefree days of moving are gone. Though still a thrill for some people, it is usually a real pain for the children, especially if relocating takes them far from familiarity and friends.
Finding a rental may be quicker in some cases if you don't have a lot of requirements like pets or location. Some rentals can be available the day you are looking while buying a house usually takes at least thirty days to move into.
However you decide to make your decision, you are ultimately considering finances, family size, available funds and desired stability. With those in mind you can choose which option is best for you.
http://scsc.essortment.com/homebuyrent_rugs.htm
Lower your home heating cost
There are lots of ways to lower your home heating cost no matter where you live.
Do you have high heating bills, perhaps you can cut those costs even a little, let's try. Let's discuss ways to help. I realize as the years go by the costs are rising, its a fact of our lives, certainly we wish prices would remain the same but that doesn't seem to happen. Hopefully the
consumers will have more choices in the future
but we are in the present and we have to to our best to conserve those heating costs.
Naturally if you live in an area with very cold winters it will cost you more than others living in a warmer area. A thought would be to turn down the thermostat at night, have lots of warm cover and then turn it up in the morning to warm the house while you are all getting ready for your
day to school, work, etc. Perhaps you are all gone from the home during the day then you need to turn the thermostate down to keep the house warm but not as warm as would be necessary when you are home, but warm enough for your house pets.
You can install an automatic thermostate on your indicator and it will adjust as you have set it. This really will help with heating costs.
Be sure to make sure you have proper weatherstripping on your windows and doors and in climates of very cold temperatures install storm windows to insult the windows even more from the outside temperature. Be sure to see that your heating vents on the floor or walls are not constricted by furniture or any other objects that could not let the heat enter the home as it normally should. Adjust the vents in each room as necessary to let the proper amount of wanted heat to enter, if you have a spare room, you'll need to either cut off that vent or adjust it
to not allow the same amount of heat into the room as in the other rooms that are frequently used.
Consider a ceiling fan or circulating fan to evenly distribute the heat in rooms to avoid having to turn up the thermostat.
If you have fuel choices when building or having a home built or even in purchasing a home, you need to look at the fuel costs needed for the equipment you'll install or in the homes with the heating systems already in place. You may
want to add a wood stove or even the newer pellet stoves as an additional heat source to lower the thermostate, but be sure to factor in the cost of buying the wood or the pellets in your area to justify the additional expense of adding the desired equipment to the home.
Be sure to close the damper in your fireplace if you are not using it, if it is an open fireplace consider purchasing a cover or whatever is necessary as your heat can go up into the air outside when the fireplace is not in use and also cold air can be brought into the home.
If you will be a careful and cost conscious consumer you should be able to pick the best heating for your home and the most efficient system plus doing the above suggestions will certainly help: now just be sure to stay warm and be happy.
http://inin.essortment.com/homeheatingc_rucm.htm
Do you have high heating bills, perhaps you can cut those costs even a little, let's try. Let's discuss ways to help. I realize as the years go by the costs are rising, its a fact of our lives, certainly we wish prices would remain the same but that doesn't seem to happen. Hopefully the
consumers will have more choices in the future
but we are in the present and we have to to our best to conserve those heating costs.
Naturally if you live in an area with very cold winters it will cost you more than others living in a warmer area. A thought would be to turn down the thermostat at night, have lots of warm cover and then turn it up in the morning to warm the house while you are all getting ready for your
day to school, work, etc. Perhaps you are all gone from the home during the day then you need to turn the thermostate down to keep the house warm but not as warm as would be necessary when you are home, but warm enough for your house pets.
You can install an automatic thermostate on your indicator and it will adjust as you have set it. This really will help with heating costs.
Be sure to make sure you have proper weatherstripping on your windows and doors and in climates of very cold temperatures install storm windows to insult the windows even more from the outside temperature. Be sure to see that your heating vents on the floor or walls are not constricted by furniture or any other objects that could not let the heat enter the home as it normally should. Adjust the vents in each room as necessary to let the proper amount of wanted heat to enter, if you have a spare room, you'll need to either cut off that vent or adjust it
to not allow the same amount of heat into the room as in the other rooms that are frequently used.
Consider a ceiling fan or circulating fan to evenly distribute the heat in rooms to avoid having to turn up the thermostat.
If you have fuel choices when building or having a home built or even in purchasing a home, you need to look at the fuel costs needed for the equipment you'll install or in the homes with the heating systems already in place. You may
want to add a wood stove or even the newer pellet stoves as an additional heat source to lower the thermostate, but be sure to factor in the cost of buying the wood or the pellets in your area to justify the additional expense of adding the desired equipment to the home.
Be sure to close the damper in your fireplace if you are not using it, if it is an open fireplace consider purchasing a cover or whatever is necessary as your heat can go up into the air outside when the fireplace is not in use and also cold air can be brought into the home.
If you will be a careful and cost conscious consumer you should be able to pick the best heating for your home and the most efficient system plus doing the above suggestions will certainly help: now just be sure to stay warm and be happy.
http://inin.essortment.com/homeheatingc_rucm.htm
Renting an apartment or a house
If you plan to rent either a house or an apartment, I can help.
Are you having to move and are thinking of renting either a house or an apartment?
Where ever you decide to rent, city, suburbs,country, house or apartment- finding just the right place to live is an exciiting business and will reap rewards if you find just the perfect place.
Remember one detail: it takes about ninety percent concentration and hard work, it is not just luck to find what you're after. Let's plot the attack at the first plan to be successful in finding the perfect rental.
Register with rental agencies in your area and tell them exactly what you are looking for, space, location and price monthly.
Study those for rent ads in the newspaper and also ride around looking for signs from individuals or from real estate agengies advertising houses or apartments for rent.
Try putting your own advertisment in the paper
requesting that perfect house or apartment to rent with your desires for space, availability and price per month.
Tell your friends, even neighborhood stores that
you are looking for an apartment or a house to rent, this can bring excellent results at times.
Now you'll need to look for other things besides,
location, space and price, these pointers may help.
Check out the plumbing when you look at the house or apartment, make sure the toilets are flushing, the pipes are running hot and cold water, is the shower working.
Now check out the heating system, will it be cost economical to operate or expensive? In colder climates this is as important as is the cooling system.
Are there laundry facilities in the apartment complex if not in the apartment, are there hookups for laundry appliances in the apartment or the house?
Check out the closets, the electrical outlets,
sound from the walls of the apartments on the other side.
Will you have to do any painting, wall papering,
etc. upon moving in? If so will the owner furnish the materials or perhaps have it done before you move in the house or apartment?
If renting either the house or apartment check to see if appliances in the kitchen area are included or will you have to supply them or perhaps purchase them.
Ask about the lease on either the house or apartment, the security deposit: do they allow children, pets? Lots of questions will bring about the right answers.
http://sdsd.essortment.com/apartmentrentin_rxem.htm
Are you having to move and are thinking of renting either a house or an apartment?
Where ever you decide to rent, city, suburbs,country, house or apartment- finding just the right place to live is an exciiting business and will reap rewards if you find just the perfect place.
Remember one detail: it takes about ninety percent concentration and hard work, it is not just luck to find what you're after. Let's plot the attack at the first plan to be successful in finding the perfect rental.
Register with rental agencies in your area and tell them exactly what you are looking for, space, location and price monthly.
Study those for rent ads in the newspaper and also ride around looking for signs from individuals or from real estate agengies advertising houses or apartments for rent.
Try putting your own advertisment in the paper
requesting that perfect house or apartment to rent with your desires for space, availability and price per month.
Tell your friends, even neighborhood stores that
you are looking for an apartment or a house to rent, this can bring excellent results at times.
Now you'll need to look for other things besides,
location, space and price, these pointers may help.
Check out the plumbing when you look at the house or apartment, make sure the toilets are flushing, the pipes are running hot and cold water, is the shower working.
Now check out the heating system, will it be cost economical to operate or expensive? In colder climates this is as important as is the cooling system.
Are there laundry facilities in the apartment complex if not in the apartment, are there hookups for laundry appliances in the apartment or the house?
Check out the closets, the electrical outlets,
sound from the walls of the apartments on the other side.
Will you have to do any painting, wall papering,
etc. upon moving in? If so will the owner furnish the materials or perhaps have it done before you move in the house or apartment?
If renting either the house or apartment check to see if appliances in the kitchen area are included or will you have to supply them or perhaps purchase them.
Ask about the lease on either the house or apartment, the security deposit: do they allow children, pets? Lots of questions will bring about the right answers.
http://sdsd.essortment.com/apartmentrentin_rxem.htm
How to pick a realtor
Ther are often numerous realtors to choose from when selling your home. Here are ides on how to pick a realtor that will do their best work for you.
With every city having numerous realtors to choose from to sell your home, it’s often difficult to decide which realtor can do the best job of selling quickly at the price you want. Here are a few ways to find the best realtor for
the job:
The first thing to do is to look through your local paper and see which company seems to do the best (or most) advertising. You don’t necessarily need the biggest company, or the one with the most listings. Look at the ads
and see how descriptive they are (do they paint a good picture of what the house is like?). Do they advertise often? Do their ads somehow catch your attention? Do they advertise in more than just the local paper, such as on the internet or in out-of-town homebuyers guides? Once you’ve found a good company, then you need to find a
specific realtor.
The realtor with the most listings isn’t necessarily the best, but it does say something for their work ethic. If one realtor has two listings and another has ten, it could mean that the realtor with more works harder or has a better
reputation. It could also mean that the one with less is only a part-time agent, as many agents are. Pick out the top five or six agents and schedule them for interviews.
When you interview an agent, focus on the agent’s personality. How friendly is the person? How confident does he or she seem to be? Personality means a lot in this business. The friendlier and more confident the agent is, the more comfortable a buyer will be in dealing with your agent.
Ask a lot of questions. How long has the agent been in business? Does the agent have any references? How long (average days) do houses that that particular agent lists stay on the market? How familiar is he or she with your
neighborhood? Has the agent ever been sued by a client or disciplined by the state’s real estate commission? And, of course, how much is the commission?
You will find that with the top agents, there will be very few differences between them as far as their experience, statistics, knowledge, and commission. That is why their personality is so important.
Remember, what you are selling is probably the most expensive thing you will ever sell. And what the buyers are buying is the most expensive thing they will ever buy. That is why taking the time to find a realtor who can do a good, professional job is so important.
http://flfl.essortment.com/howtopickare_phs.htm
With every city having numerous realtors to choose from to sell your home, it’s often difficult to decide which realtor can do the best job of selling quickly at the price you want. Here are a few ways to find the best realtor for
the job:
The first thing to do is to look through your local paper and see which company seems to do the best (or most) advertising. You don’t necessarily need the biggest company, or the one with the most listings. Look at the ads
and see how descriptive they are (do they paint a good picture of what the house is like?). Do they advertise often? Do their ads somehow catch your attention? Do they advertise in more than just the local paper, such as on the internet or in out-of-town homebuyers guides? Once you’ve found a good company, then you need to find a
specific realtor.
The realtor with the most listings isn’t necessarily the best, but it does say something for their work ethic. If one realtor has two listings and another has ten, it could mean that the realtor with more works harder or has a better
reputation. It could also mean that the one with less is only a part-time agent, as many agents are. Pick out the top five or six agents and schedule them for interviews.
When you interview an agent, focus on the agent’s personality. How friendly is the person? How confident does he or she seem to be? Personality means a lot in this business. The friendlier and more confident the agent is, the more comfortable a buyer will be in dealing with your agent.
Ask a lot of questions. How long has the agent been in business? Does the agent have any references? How long (average days) do houses that that particular agent lists stay on the market? How familiar is he or she with your
neighborhood? Has the agent ever been sued by a client or disciplined by the state’s real estate commission? And, of course, how much is the commission?
You will find that with the top agents, there will be very few differences between them as far as their experience, statistics, knowledge, and commission. That is why their personality is so important.
Remember, what you are selling is probably the most expensive thing you will ever sell. And what the buyers are buying is the most expensive thing they will ever buy. That is why taking the time to find a realtor who can do a good, professional job is so important.
http://flfl.essortment.com/howtopickare_phs.htm
Alternative types of homes: bargain home purchases
Bargain home purchases. Own your home, don't let your home own you. Discover ways to maximize your home purchase and minimize your payments.
A home purchase is probably the largest debt one incurs over a lifetime. In today's environment with spiraling home costs, it often seems an impossible dream for those wishing to purchase a first home. The clapboard bungalow with white picket fence has been updated to a modern Victorian on large lot with amenities such as sauna, double garage, in-ground pool, etc. There are alternatives in this fast-paced let's-have-it-now-and-pay-later society that will not overburden us with debt. Often overlooked, these choices provide viable ways to buy homes without sinking under the weight of sizable mortgage payments.
Consider a two-family house-—rent out a half and live in the other. Depending on the availability of suitable rentals in the area, rent might go farther than providing a positive cash flow on half a house. Rent received over the amount of the required expenses should be set aside for future repairs or improvements; if the amount becomes significant, it’s often possible to prepay principal on the mortgage.
These houses are not always socially fashionable but consider your ultimate goal, not today's trends. Always have a written rental or lease agreement, a security deposit of no less than one month's rent, plus written rules on what is or is not allowed. One caution: do not rent to family or close friends. If you feel you must, handle it as "strictly business" with written agreement, deposit and rules in place.
A lesser bargain, but still one with great financial potential, is a house that includes a rental unit. Often advertised as a "mother-in-law apartment," the rental income from a small unit may be sufficient to offset other monetary restrictions. Again, have everything in writing.
Another choice for a less expensive home is a house that can be expanded as needs and family size increase. One or two-bedrooms or one-bath houses are low in resale value and often available at bargain prices. Look at the structure's potential for adding bedrooms, baths, a family room. Consider a basement or attic that might be finished into living quarters, or a house whose roof could be raised for additional space. Check local building codes to be certain expansion is allowed. Look at the neighborhood and determine if increasing the size and value of a smaller home will make the house overpriced for the area should you need to sell. If these considerations don't present major obstacles, go for it and obtain cash when expansion is needed by refinancing. Monthly payments will increase but income should be escalating along the same lines.
Another bargain option is a fix-up house. These houses will sell for much less than their potential value, and wise improvements can quickly raise the resale value. There are couples who make a business of buying, improving and selling homes; many are very successful in the endeavor.
There are two types of fix-up homes: those that need updating improvements (modern fixtures, better storm windows, floors refinished or carpeted) and those still structurally sound but in need of major renovations (new roofs, new plumbing, rewiring). Enter into the purchase of a fix-up house only after careful consideration and research. If you are not a handyperson, forget it unless the price of needed improvements is less than the potential value. If you have limited skills (painting, papering, decorating, landscaping), consider your time and cost plus outside expenses, compared to the ultimate value of the property. Should you be semiskilled (rudimentary plumbing, electrical, structural work), consider more seriously but still with your eye firmly on the cost vs. eventual value.
Skilled handypersons are better able to undertake a fix-up home but still need to consider the constraints on time; a home improvement project may be more time-consuming than is manageable. In making the assessment on whether to buy a house needing improvements, do not rely on friends or relatives to assist with repairs. Volunteer helpers have a habit of disappearing when the job is scheduled. Make all decisions based on your ability to do the work yourself or hire it out. If you don't see this as a possibility, forget the entire scheme.
A final consideration for a low-cost purchase is a modular or factory built home. These are often better built than ones constructed on-site and called “stick-built” in the trade. There is usually a saving, even after costs of land, foundation, utilities and site improvement. Manufactured homes can fulfill the dream of a brand new home, with a choice of floor plans, interiors, appliances, etc. Most are sold as turnkey homes but some can be purchased with less than final finish, decreasing initial investment. Check local ordinances carefully because many localities have regulations prohibiting "mobile" or "manufactured" homes. The factory built homes are not mobile but laws governing home construction can be worded in such a way they may be viewed as such and some areas have banned manufactured and factory-built structures as well.
These alternative home purchase possibilities are not routinely featured in real estate advertisements. You’ll need to do much of the legwork and research on the purchase yourself, but the result can be rewarding if you are not strapped into a mortgage with unwieldy payments.
The greatest interest in these bargain purchases might be from first-time homebuyers but others needing or wanting to relocate might also consider the alternatives. Look at the statistics on median home prices in the area of your choice. By definition, remember that of all the houses in the equation, half were sold at less than the median price, the other half were sold at more. Is it what you can comfortably afford or should you consider an alternative?
Unfortunately, there are many families in our country today who do not own their homes; their homes own them. Try not to be one of the unfortunates.
http://nj.essortment.com/bargainhomepur_rrmc.htm
A home purchase is probably the largest debt one incurs over a lifetime. In today's environment with spiraling home costs, it often seems an impossible dream for those wishing to purchase a first home. The clapboard bungalow with white picket fence has been updated to a modern Victorian on large lot with amenities such as sauna, double garage, in-ground pool, etc. There are alternatives in this fast-paced let's-have-it-now-and-pay-later society that will not overburden us with debt. Often overlooked, these choices provide viable ways to buy homes without sinking under the weight of sizable mortgage payments.
Consider a two-family house-—rent out a half and live in the other. Depending on the availability of suitable rentals in the area, rent might go farther than providing a positive cash flow on half a house. Rent received over the amount of the required expenses should be set aside for future repairs or improvements; if the amount becomes significant, it’s often possible to prepay principal on the mortgage.
These houses are not always socially fashionable but consider your ultimate goal, not today's trends. Always have a written rental or lease agreement, a security deposit of no less than one month's rent, plus written rules on what is or is not allowed. One caution: do not rent to family or close friends. If you feel you must, handle it as "strictly business" with written agreement, deposit and rules in place.
A lesser bargain, but still one with great financial potential, is a house that includes a rental unit. Often advertised as a "mother-in-law apartment," the rental income from a small unit may be sufficient to offset other monetary restrictions. Again, have everything in writing.
Another choice for a less expensive home is a house that can be expanded as needs and family size increase. One or two-bedrooms or one-bath houses are low in resale value and often available at bargain prices. Look at the structure's potential for adding bedrooms, baths, a family room. Consider a basement or attic that might be finished into living quarters, or a house whose roof could be raised for additional space. Check local building codes to be certain expansion is allowed. Look at the neighborhood and determine if increasing the size and value of a smaller home will make the house overpriced for the area should you need to sell. If these considerations don't present major obstacles, go for it and obtain cash when expansion is needed by refinancing. Monthly payments will increase but income should be escalating along the same lines.
Another bargain option is a fix-up house. These houses will sell for much less than their potential value, and wise improvements can quickly raise the resale value. There are couples who make a business of buying, improving and selling homes; many are very successful in the endeavor.
There are two types of fix-up homes: those that need updating improvements (modern fixtures, better storm windows, floors refinished or carpeted) and those still structurally sound but in need of major renovations (new roofs, new plumbing, rewiring). Enter into the purchase of a fix-up house only after careful consideration and research. If you are not a handyperson, forget it unless the price of needed improvements is less than the potential value. If you have limited skills (painting, papering, decorating, landscaping), consider your time and cost plus outside expenses, compared to the ultimate value of the property. Should you be semiskilled (rudimentary plumbing, electrical, structural work), consider more seriously but still with your eye firmly on the cost vs. eventual value.
Skilled handypersons are better able to undertake a fix-up home but still need to consider the constraints on time; a home improvement project may be more time-consuming than is manageable. In making the assessment on whether to buy a house needing improvements, do not rely on friends or relatives to assist with repairs. Volunteer helpers have a habit of disappearing when the job is scheduled. Make all decisions based on your ability to do the work yourself or hire it out. If you don't see this as a possibility, forget the entire scheme.
A final consideration for a low-cost purchase is a modular or factory built home. These are often better built than ones constructed on-site and called “stick-built” in the trade. There is usually a saving, even after costs of land, foundation, utilities and site improvement. Manufactured homes can fulfill the dream of a brand new home, with a choice of floor plans, interiors, appliances, etc. Most are sold as turnkey homes but some can be purchased with less than final finish, decreasing initial investment. Check local ordinances carefully because many localities have regulations prohibiting "mobile" or "manufactured" homes. The factory built homes are not mobile but laws governing home construction can be worded in such a way they may be viewed as such and some areas have banned manufactured and factory-built structures as well.
These alternative home purchase possibilities are not routinely featured in real estate advertisements. You’ll need to do much of the legwork and research on the purchase yourself, but the result can be rewarding if you are not strapped into a mortgage with unwieldy payments.
The greatest interest in these bargain purchases might be from first-time homebuyers but others needing or wanting to relocate might also consider the alternatives. Look at the statistics on median home prices in the area of your choice. By definition, remember that of all the houses in the equation, half were sold at less than the median price, the other half were sold at more. Is it what you can comfortably afford or should you consider an alternative?
Unfortunately, there are many families in our country today who do not own their homes; their homes own them. Try not to be one of the unfortunates.
http://nj.essortment.com/bargainhomepur_rrmc.htm
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