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5 Reasons To Build A Real Estate Property Portfolio
I think you’ll agree with me that real estate investment deserves a closer look when I tell you that according to many sources 90% of the world’s richest people made their fortunes from property!
So here are just five quick reasons why I think...
Descriptive Terms In Real Estate Ads – Yet More Definitions
If you are buying or selling a home, the chances are good you struggle with the meaning of descriptive real estate terms. Here are explanations and definitions for more terms.
"Plantation Shutters"
Refers to interior shutters with large,...
Good Credit Scores = ROI Profits For Real Estate Investors
Strong credit saves real estate investors money on mortgage finance costs. A good credit score, along with other credit and mortgage qualifications, means that investors can pay lower fees for financing, such as points and interest charges. Also,...
Home Loans – Would You Buy A Home Without An Inspection?
The housing market has exploded, with home prices rising beyond all reason in some markets. Home prices have doubled or tripled during the last five years, and in some cities, the asking prices for homes are considered only to be suggested opening...
Wake Up And Smell The Smoke
Saturday morning I woke up alone. Slowly before opening my eyes I began to stretch. Taking inventory as I moved one limb at a time, yes, all the usual aches and pains were still there. I don’t know whether I felt or heard it, but there was a major...
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Should I Buy This Home – Heating Issues
When considering whether you should buy a home, heating issues are something you should take a close look at. This is particularly true with rising energy costs.
Heating Issues
As you inspect potential homes, heating issues should be foremost in your mind. While obvious issues will be apparent, there are less obvious things that need to be considered.
1. Layout – The layout of a home can have a major impact on both heating issues and energy bills. While high ceilings are beautiful architectural aspects, they can be a huge heating issue. Heat rises, which means you are going to need more of it to warm a home with high ceilings. Always remember that high ceilings equate to high energy bills.
A second layout issue concerns the number of stories in the residence. While a tri-level home or townhouse may seem enticing, how are you going to heat the lower floors? Tri-level homes often have a problem with something I call the zone effect. The rooms on the bottom of the tri-level are always cool, while the top floor may be close to a sauna. Unless you have a very sophisticated heating system, tri-level residences are going to drive your heating bill through the roof.
2. Control Areas – One way to reduce the heating requirements for high ceiling and tri-level homes is a controllable heating system. Many
modern heating systems allow you to isolate particular sections of the home you wish to heat. These can be a godsend for larger homes where certain rooms are not used often.
3. Vents – A more mundane, but important issue, are vent locations. In some homes, the vent layout appears to have been undertaken by a drunken sailor. If you find vents located under windows, you can expect the heating bills to be outrageous. Also look for very large rooms with one or no vents as these rooms will take a long time to heat up.
With new homes, one can expect to find heating issues addressed competently. With older homes, you may need to consider how the heating issue is going to sap your cash flow during the winter months.
About the Author: Raynor James is with the FSBO site - http://www.fsboamerica.org - FSBO homes for sale by owner. Visit our home buying page - http://www.fsboamerica.org/buyer.cfm - to view and buy homes, houses, condos, land and real estate.
Source: www.isnare.com
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