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Q&A: Plumbing Problems Demystified - 02/21/09 09:23 PM
This month's focus is on some common issues related to a home's plumbing system. Q: Our recent water bills have been much higher than in the past, but we haven't been using any more water than normal and haven't noticed any leaks from pipes or fixtures. What else could contribute to a high water bill? One possibility is a leaking toilet tank. First check the water level inside the tank to make sure that water is not constantly overflowing into the overflow pipe. This is the pipe in the middle or to one side of the tank with a small rubber (1 comments)
Avoiding Fires in the Home this Winter - 02/21/09 09:18 PM
HEATING EQUIPMENT IS A LEADING CAUSE OF FIRES According to the National Fire Protection Association (NFPA) heating equipment is a leading cause of home fires during the months of December through February, and trails only cooking equipment in home fires year-round. The use of space heaters popped up often as a cause of fires. Some facts from past NFPA surveys: Fireplaces or chimneys rank first in the number of fires among types of heating equipment. Most of these were caused by creosote build-up. Portable and fixed space heaters, including wood stoves, caused a disproportionate share of the home heating fire deaths. (0 comments)
HomeOwner's Tips: Home Maintenance is Easier Than You Think! - 02/21/09 09:16 PM
AN OUNCE OF PREVENTION ... Proper home maintenance can alleviate the need for major and costly repairs. Generally, homeowners do not think about home maintenance as much during the winter months as they do in the spring and fall; however, there are some basic maintenance tasks that can be performed indoors. The following maintenance tasks can usually be performed by a homeowner for less than $25 each, but can help save far more than that amount down the road. Caulk and regrout the bathroom/bathtub tile. Keeping the tiled surfaces well sealed prevents water seepage to the underlying surface, which can result (0 comments)
Tips for Reducing Your Energy Costs This Winter - 02/21/09 09:11 PM
SEAL IT UP Just like the zipper on a coat, all the gaps in your house envelope need to be sealed for optimum efficiency and comfort. Most homeowners know of some areas around their home where there is air leakage or infiltration to or from the outdoors that affects comfort and energy costs. But these small gaps can add up when a more extensive evaluation is done of the whole house. Commonly known areas of leakage include entry doors and old windows. But there are many other less conspicuous points that can allow even more leakage than might ever be imaged. (1 comments)
Advice For Buying Bank Owned Properties (Foreclosures) - 02/13/09 11:31 PM
Foreclosures are no longer just contractors specials. Banks do not want to hold onto these homes so many are 'priced to sell'. This kind of value is attracting a fair share of First Time Homebuyers to this market. Venturing into the purchase of a Bank Owned property can be like swimming in the deep end for many as Foreclosures sell "As Is". This means that you are entitled to conduct an inspection but you will not be able to address inspection issues with the Seller. For those looking to purchase their first home this can be cause for concern but with the right approach (2 comments)
Via Glen Fisher (National Property Inspections of Southern New Jersey, LLC): With the generous number of foreclosure homes and short sale homes on the real estate market today, they are often found without heat due to one or more disconnected utilities. This is a serious concern in the colder parts of the country. While everything may appear fine, freezing conditions may have caused major damage. Often a property will have notices posted that it has been winterized. However, I have seen many a home that was not properly winterized or winterized only after cold weather has set in. Plumbing and hot water (3 comments)
Are You Eligible for a Short Sale on Your CT Home? - 02/10/09 11:27 AM
What is a Short Sale? While a short sale may be a last resort for many homeowners facing foreclosure, it also represents a great opportunity for potential home buyers and real estate investors. This article is designed to help answer a few basic questions about the substantial risk and reward involved in this complex process. A short sale is a legally-binding agreement to allow a home to be sold for less than the amount that is owed. And, while short sales are not by any means common or easy, because of increasing inventory levels and foreclosures in some parts of the country, (0 comments)
Buyer's Are Buying- Something to do with Mortgage Rates Heading to 4.5%? - 02/09/09 04:34 PM
"I haven't seen offers coming in this fast since the market downturn" says Pete Testa, Real Estate Professional in Fairfield County, CT; "All-time low Mortgage rates are driving a new wave of cost-conscience consumers cashing in on the trend toward lower interest rates". Government action to shore up the economy and improve the housing climate probably will send mortgage rates to 4.5 percent, Bill Gross, co-CEO at the Pimco bond fund, said Monday. In addition to driving down mortgage rates and stimulating home-buying, the government ' s efforts also could include a move to cap Treasuries rates to encourage investors to take more risk, Gross (0 comments)
Via Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty): If you are like me then you probably spend quite a bit of time online. Whether it is working on your website, spending time blogging, or possibly doing some social networking at Twitter, Facebook, or Linkedin. I don't know about you but I am not a patient person. When my computer starts to get bogged down I want to SCREAM!!! I am sure there are other out there like me so I am going to offer you a few tips on how to keep your machine running smoothly. There are many (2 comments)
Via Adriana West (Keller Williams): I respect the companies who negotiate Short Sale transactions for agents, but in my personal opinion, I prefer to handle my own negotiations. Let me illustrate why. A few months ago, one of my clients thought that it would be easier for me if he hired an attorney to negotiate his Short Sale with both lenders. After three months of frustration, with my client paying ridiculous fees to this attorney, here is the settlement that he reached: - My client was going to have a deficiency note from the second lender in the amount of $160,000 - My commission (0 comments)
Via Indiana's Home Inspector For All Your Inspection Needs-William Troutman (Certainty Home Inspections): Seven Tips for First-time Homebuyers
(ARA) - If you've ever thought about owning a home, now may be the time to take action. Lower interest rates combined with a large inventory of homes in most markets across the U.S. may translate into a good opportunity for buyers in negotiating the terms of a sale with a seller. The home buying process may seem daunting to someone who has never purchased a home before. But, through home buying educational seminars offered in your community, and with the assistance of (1 comments)
Via Tere Rottink (Wainwright Real Estate): Much has been said about pricing your home right. It is in all of the real estate information, and all of the seminars on how to sell your home. The news that prices continue to drop are in all the newspapers. But sellers are not listening. In all the listing appointments that I have been in the last month, the expectations of the seller where so unrealistic, that I had a hard time communicating with them. I am talking $60,000 on a $200,000 home and a $90,000 difference on $300.000. I have a couple other examples, (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.