Tuesday, October 25, 2011

Things You Can Inspect & Do to Your Home before Winter Hits


Here are some tips before winter hits

As a homeowner, you probably know that there are a handful of maintenance tasks you need to complete as you prepare for the harsh, winter conditions. But you may not have a carefully crafted and comprehensive list of tasks. Whether you're making your list or want to compare your own against ours, here's what we consider the essential must do's for the home before winter hits.
Conduct a Roof Inspection
A professional roof inspection can identify roof damage while it still costs hundreds, instead of thousands, of dollars to fix. This inspection should also tell you the condition of your attic ventilation, key in preventing the formation of destructive ice dams. If you simply can't come up with the $100 fee, at the very least conduct your own visual inspection to look for signs of wear-and-tear.
Make it Green: The most energy-efficient roof really depends on your location. Metal roofing works best for warmer climates, but an upgrade to roof insulation is universally green and a great idea before winter hits.
Clean Your Gutters
Probably the most common and least neglected task of the bunch; don't take your gutter cleaning for granted. Proper cleaning involves more than just throwing easy-to-reach leaves out of the channel. Flush your downspouts and keep an eye out for any signs of gutter deterioration.
Make it Green: Retrofit your gutters to collect rainwater and snowmelt next spring and summer to aid your lawn irrigation.
Insulate and Seal Windows
If you don't already have double-pane windows, it's time to jump on the bandwagon. With heating costs, few home improvements pay for themselves as quickly as replacement windows. And regardless of the number of panes, take a look at your window frame. It may need new sealant.
Make it Green: Truly green windows are more than just double-paned. Different glazes will allow you to use day lighting techniques, and window treatments will allow you to block the heat gain of next summer's mid-afternoon sun.
Seal and Inspect Doors
Some homeowners pay so much attention to their windows that they forget their doors. Take a look at your entry door for air leaks and use weather stripping to help seal the joints. Take a look at your garage door, too, for both insulation and home security value.
Make it Green: A new wood door for the entry, garage, or both will increase your home's curb appeal and it's insulating R-value simultaneously.
Evaluate the Furnace/Heating System
This one has a ton of upside. Catching problems with your heating system before winter hits almost always saves a bunch of money and will give you some time to plan for a replacement system, if necessary. If nothing else, at least change the filter, no matter the age or condition of your heating system.
Make it Green: For replacement systems, start with the big ideas first. Get an estimate for geothermal heating and cooling. If that doesn't pan out, take a look at split-system heat pumps or furnaces with an Energy Star label.
Winterize Your Landscaping
Just because you'll be spending most of the winter indoors doesn't mean all your maintenance is on the home itself. Properly close your swimming pool, winterize your sprinkler system, and prepare your garden for next year's planting.
Make it Green: Take the winter to grade your personal landscaping conservation practices. Is it time to start composting? How much water would you save with a fully-automated sprinkler system? Is there a good spot to plant a new tree in the spring?
Miscellaneous and Emergency Preparation
For most homes, winter means the looming possibility of snow and/or ice storms. A back-up generator is a great idea, but still no substitute for an emergency kit, complete with food and water, a reliable radio, and first-aid kit. Investing in a snow blower isn't a bad idea, either.

Wednesday, October 19, 2011

Open House Sunday

We're hosting an open house at the Khoury home at 501 E College in Fayette. The open house is from 2-4 pm on Sunday Oct. 23.
What the Khourys did to this home is amazing. They bought the old 1 1/2 story - 2 bedroom home in 2009. They completely gutted the home, all new wiring and plumbing, all new stud walls, drywall and insulation, added a 20 foot addition; then added a whole new second story. The home is about 2900 sq ft. The first floor has a beautiful kitchen, dining and living room and a 1/2 bath. Upstairs are master bedroom suite, 2 more bedrooms and another bathroom and laundry room.
More details on my website.

Tuesday, October 4, 2011

Tackling the Down Payment

The many dimensions of buyer readiness all boil down to two major factors: motivation and cash on hand. A recently released American Dream Home Survey showed that there are plenty of renters that hope to one-day own a home. Our stats showed just fewer than 60 percent of those surveyed intend on purchasing a home. That means motivation isn’t the primary issue.
So what’s intimidating your future homebuyers? The down payment.
When it came down to home buying obstacles, the down payment was the single largest hurdle ownership hopefuls said they are facing. In an era of a fluctuating stock market, high-consumer debt levels, and rising costs to rent, it’s hard for tomorrow’s homeowners to put pennies aside to reach their dream
1) Know your financing
Every buyer’s circumstances, credit history, and resources are different. It pays to know the government programs and local lenders who provide down-payment assistance. While special financing programs won’t help in every scenario, checking into your local and federal options will help you know how much work stands between you and the homeownership dream.
2) Be straightforward
Home ownership is a rosy thought for many.  You have to be willing to tell your buyers the truth. And if home ownership is not within reach right now, be willing to say so and use the opportunity to advise and help your clients over the savings and down payment hurdles.
3) Encourage some good ole fashioned savings
When it comes to ownership, nothing beats preparation. When assistance programs fail, encourage your buyers to do things the old fashioned way. That means first figuring out what they can actually afford (check out this post for tips on figuring out affordability) and two encouraging your clients to come up with a savings plan.
The down payment hurdle is a serious obstacle for buyers and agents, but lets not let that put a stop to the dream of home ownership.