Thursday, August 12, 2010

Caring for Your Plumbing System

Article From Houselogic.com

By: Joe Bousquin

Published: April 14, 2010

Care for your pipes so they'll last longer--and prevent a costly plumbing disaster later.

You probably don't think much about the network of water and sewer pipes inside your walls that deliver your hot and cold water-and eliminate your waste-on demand. But giving your plumbing a little regular attention can prolong its life, prevent leaks, and avoid costly repairs. Here's how to care for the pipes in your house.

AVOID CHEMICAL DRAIN-CLEARING PRODUCTS

Clogged drains are the most common home plumbing problem, and you can buy chemicals to clear them. But these products sometimes do more harm than good. They can actually erode cast-iron drainpipes.

And because they typically don't remove the entire clog, the problem is likely to recur, causing you use the chemicals repeatedly. "Each time, they'll eat away at the pipes a little more," says Passaic, N.J. plumber Joseph Gove. "Soon, you're going to get leaks."

Better to hire a plumber to snake the drain (usually $75 to $150) and completely remove the chunk of hair or grease that's plugging the line. Or you can pick up a snake of your own, for around $20 at the hardware store, and try clearing the drain yourself.

PREVENT FUTURE CLOGGING

Clogs aren't just nuisances. Backed-up water puts added pressure on your wastepipes, stressing them and shortening their lifespan(http://www.houselogic.com/articles/do-you-need-replace-your-plumbing/). So avoid plug-ups by watching what goes down your drains. That means keeping food scraps out of kitchen drains, hair out of bathroom drains, and anything but sewage and toilet paper out of toilets.

Install screens over drains in showers and tubs, and pull out what hair you can every few weeks to prevent buildups. Scrape food into the trash before doing dishes-even if you have a disposal-and never put liquid grease down the drain; pour it into a sealable container to put in the garbage after it cools.

"Grease is only liquid when it's hot," Gove says. "When you pour it down the drain, it cools and becomes solid. Do that enough, and just like a clogged artery, your drains won't work anymore."

REDUCE THE PRESSURE

As nice as high water pressure can be when you're taking a shower or filling a stockpot, it stresses your pipes, increasing the likelihood of a leak. "That drastically reduces the life of your plumbing," says Phoenix, Ariz., plumber Alex Sarandos. "It makes your pipe joints, faucets, and appliance valves work harder."

You can measure your water pressure with a hose bib gauge, available at the hardware store for under $10. Attach it to an outside spigot and open the line. Normal pressure will register between 40 and 85 psi. If it's above that range, consider hiring a plumber to install a pressure reducer (around $400).

By the way, adding a low-flow showerhead(http://www.houselogic.com/articles/low-flow-showerheads-how-to-choose/) won't affect pressure in the pipes. It only affects the amount of water coming out of the showerhead itself.

SOFTEN THE WATER

If your water has a high mineral content-known as hard water-it can shorten your plumbing's lifespan. Those naturally occurring minerals, usually magnesium or calcium, build up inside your pipes and restrict flow, increasing the pressure. Plus, they can corrode joints and fittings. Although hard water can occur anywhere, it's most common in the Southwest and parts of the Northeast.

A white buildup on showerheads and faucets is a telltale sign of hard water. Or, if your house receives municipal water service, you can easily find out how hard it is. By law, every municipality must file an annual water quality report with the Environmental Protection Agency(http://www.epa.gov/safewater/dwinfo/index.html). If you have a well, check your most recent water test report for hardness information. Anything over 140 parts per million is considered hard water.

The only way to effectively deal with hard water is by installing a water softener. Most use sodium to counteract the minerals in your water, but new electronic softeners use electromagnetic pulses to dissolve minerals, and have the advantage of not adding sodium to your water.

You'll need a plumber to install a traditional, sodium-based softener, for $500 to $1,000. Electronic units start below $200, and because the pipes don't have to be opened up, you can install one yourself. Keep in mind, though, that you'll need an outlet nearby to power the unit.

If you opt for a sodium-based softener, consider installing a whole-house pre-filter at the same time. Since the plumber will already be cutting into your pipes to install the softener, the pre-filter might add only $100 to the job. And not only will it give you cleaner drinking water by removing particulates and chlorine, you'll reduce stress on your pipes that can occur when those particles clog faucet filters.

KEEP YOUR SEWER LINES OR SEPTIC TANK CLEAR

If you have municipal sewers, hire a plumber to snake your main sewage cleanout every few years. This will cost $75 to $150, and will remove tree roots that inevitably work their way into these pipes-leading to messy sewage backups. If you have a septic system, get the tank pumped(http://www.houselogic.com/articles/caring-your-septic-system/) out every three to five years, for $200 to $500.

OTHER WAYS TO AVOID TROUBLE

* Learn where your home's main water shut off valve is-so if there's ever a leak, you can go straight there and quickly turn off the water to the entire house.
* Remove hoses from outdoor spigots in winter to prevent frozen water from cracking the pipes and causing a flood.
* Add pipe insulation to the plumbing in cold parts of your house-such as garages, basements, and crawl spaces-to avoid frozen pipes (and to shorten the wait for hot water).
* Never use an exposed pipe as a hanger rod for laundry. Doing so can loosen joints and fasteners.
* Fix problems quickly. Even small leaks can make pipes corrode more quickly, and cause significant water damage or mold.
A former staff writer for the Wall Street Journal, Joe Bousquin writes about housing, construction and home improvement. The galvanized steel water pipes in his 1930 home in Sacramento, Calif., have all been replaced with copper.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).
Copyright 2010. All rights reserved.

Tuesday, August 10, 2010

Understanding Real Estate Representation

Article From Houselogic.com

By: G. M. Filisko

Published: March 29, 2010

Whether you're buying or selling, it's important to choose representation that meets your needs in the transaction.

You have choices when selecting representation in a real estate transaction. Here are five tips for understanding which type of legal relationship with a real estate professional, called an agency relationship, will best protect you when you buy or sell a home.

1. BUYER'S AGENCY

When you're buying a home, you can hire an agent who represents only you, called an exclusive buyer's representative or agent. A buyer's agent works in your best interest and owes you a fiduciary duty. You can pay your buyer's agent yourself, or ask the seller, or the seller's agent, to pay your agent a share of their sales commission.
If you're selling your home and hiring an agent to list it exclusively, you've hired a selling representative--an agent who owes fiduciary duties to you. Typically, you pay a selling agent a commission at closing. Selling agents usually offer or agree to pay a portion of their sales commission to the buyer's agent. If your seller's agent brings in a buyer, your agent keeps the entire commission.

2. SUBAGENCY

When you purchase a home, the agent you can opt to work with may not be your agent at all, but instead may be a subagent of the seller. In general, a subagent represents and acts in the best interest of the sellers and sellers' agent.
If your agent is acting as a subagent, you can expect to be treated honestly, but the subagent owes loyalty to the sellers and their agent and can't put your interests above those of the sellers. In a few states, agents aren't permitted to act as subagents.

Never tell a subagent anything you don't want the sellers to know. Maybe you offered $150,000 for a home but are willing to go up to $160,000. That's the type of information subagents would be required to pass on to their clients, the sellers.

3. DISCLOSED DUAL AGENCY

In many states, agents and companies can represent both parties in a home sale as long as that relationship is fully disclosed. It's called disclosed dual agency. Because dual agents represent both parties, they can't be protective of and loyal to only you. Dual agents don't owe all the traditional fiduciary duties to clients. Instead, they owe limited fiduciary duties to each party.

Why would you agree to dual agency? Suppose you want to buy a house that's listed for sale by the same real estate brokerage where your buyer's agent works. In that case, the real estate brokerage would be representing both you and the seller and you'd both have to agree to that.

Because there's a potential for conflicts of interest with dual agency, all parties must give their informed consent. In many states, that consent must be in writing.

4. DESIGNATED AGENCY

A form of disclosed dual agency, "designated agency" allows two different agents within a single firm to represent the buyer and seller in the same transaction. To avoid conflicts that can arise with dual agency, some managing brokers designate or appoint agents in their company to represent only sellers, or only buyers. But that isn't required for designated agency. A designated, or appointed, agent will give you full representation and represent your best interests.

5. NONAGENCY RELATIONSHIP

In some states, you can choose not to be represented by an agent. That's referred to as nonagency or working with a transaction broker or facilitator. In general, in nonagency representation, the real estate professional you work with owes you fewer duties than a traditional agency relationship. And those duties vary from state to state. Ask the person you're working with to explain what he or she will and won't do for you.

OTHER WEB RESOURCES

More on hiring a real estate agent(http://www.nolo.com/legal-encyclopedia/article-30016.html)
More on real estate agents' roles(http://www.dllr.state.md.us/license/mrec/mrecrep.shtml)
G.M. Filisko is an attorney and award-winning writer who zealously protected her clients' interests as a lawyer. A frequent contributor to many national publications, including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).
Copyright 2010. All rights reserved.

Sunday, August 8, 2010

How to Use Comparables to Price Your Home

 

Article From BuyAndSell.HouseLogic.com

By: Carl Vogel
Published: August 05, 2010

Before you put your home up for sale, use the right comparable sales to find the perfect price.

How much can you sell your home for? Probably about as much as the neighbors got, as long as the neighbors sold their house in recent memory and their home was just like your home.

Knowing how much homes similar to yours, called comparable sales (or in real estate lingo, comps), sold for gives you the best idea of the current estimated value of your home. The trick is finding sales that closely match yours.

What makes a good comparable sale?

Your best comparable sale is the same model as your house in the same subdivision-and it closed escrow last week. If you can't find that, here are other factors that count:
Location: The closer to your house the better, but don't just use any comparable sale within a mile radius. A good comparable sale is a house in your neighborhood, your subdivision, on the same type of street as your house, and in your school district.
Home type: Try to find comparable sales that are like your home in style, construction material, square footage, number of bedrooms and baths, basement (having one and whether it's finished), finishes, and yard size.
Amenities and upgrades: Is the kitchen new? Does the comparable sale house have full A/C? Is there crown molding, a deck, or a pool? Does your community have the same amenities (pool, workout room, walking trails, etc.) and homeowners association fees?
Date of sale: You may want to use a comparable sale from two years ago when the market was high, but that won't fly. Most buyers use government-guaranteed mortgages, and those lending programs say comparable sales can be no older than 90 days.
Sales sweeteners: Did the comparable-sale sellers give the buyers downpayment assistance, closing costs, or a free television? You have to reduce the value of any comparable sale to account for any deal sweeteners.

Agents can help adjust price based on insider insights

Even if you live in a subdivision, your home will always be different from your neighbors'. Evaluating those differences-like the fact that your home has one more bedroom than the comparables or a basement office-is one of the ways real estate agents add value.
An active agent has been inside a lot of homes in your neighborhood and knows all sorts of details about comparable sales. She has read the comments the selling agent put into the MLS, seen the ugly wallpaper, and heard what other REALTORS®, lenders, closing agents, and appraisers said about the comparable sale.

More ways to pick a home listing price

If you're still having trouble picking out a listing price for your home, look at the current competition. Ask your real estate agent to be honest about your home and the other homes on the market (and then listen to her without taking the criticism personally).
Next, put your comparable sales into two piles: more expensive and less expensive. What makes your home more valuable than the cheaper comparable sales and less valuable than the pricier comparable sales?

Are foreclosures and short sales comparables?

If one or more of your comparable sales was a foreclosed home or a short sale (a home that sold for less money than the owners owed on the mortgage), ask your real estate agent how to treat those comps.

A foreclosed home is usually in poor condition because owners who can't pay their mortgage can't afford to pay for upkeep. Your home is in great shape, so the foreclosure should be priced lower than your home.
Short sales are typically in good condition, although they are still distressed sales. The owners usually have to sell because they're divorcing, or their employer is moving them to Kansas.

How much short sales are discounted from their market value varies among local markets. The average short-sale home in Omaha in recent years was discounted by 8.5%, according to a University of Nebraska at Omaha study. In suburban Washington, D.C., sellers typically discount short-sale homes by 3% to 5% to get them quickly sold, real estate agents report. In other markets, sellers price short sales the same as other homes in the neighborhood.
So you have to rely on your REALTOR's® knowledge of the local market to use a short sale as a comparable sale.

More from HouseLogic

What You Must Know About Home Appraisals (http://buyandsell.houselogic.com/articles/what-you-must-know-home-appraisals/)
6 Reasons to Reduce Your Home Price (http://buyandsell.houselogic.com/articles/6-Reasons-To-Reduce-Your-Home-Price/)

Other web resources

New York State: "How Estimates of Market Value are Determined for Residential Properties" (http://www.orps.state.ny.us/pamphlet/mv_estimates.htm)
What's the Value of a View? Research from Texas Christian University (http://www.sbuweb.tcu.edu/mrodriguez/research/viewppr.pdf)

Carl Vogel, a freelance writer and former editor of The Neighborhood Works magazine, lives in a home in Chicago that is not typical of those nearby, so he appreciates a savvy comp.Buyer_1

Friday, July 16, 2010

94-1498 HEKAU ST

3-9-4-20-14  MLS# 218163  Residential

Detached  Fee Simple   Full Ownership

$465,000

Beds:3  Baths:2.00  Living Area:1,390  Land Area:14,614 sqft

Built:2006  Frontage:Golf Course  Design:1Story

Car Storage:Garage – Attached Internet Acc:DSL, Satellite

Phone Acc:Cell, Land Line  TV Access:Satellite, Cable

Power:Electricity  Sewer:Cesspool Connected  Water:County

Roads:County, Paved  View:Mountain, Ocean

Listed with Royal Palm Properties, Inc. 808-939-7377

94-5806 KOMO HALE PL

3-9-4-20-22  MLS# 233931  Residential

Attached  Fee Simple  Full Ownership

$450,000

Beds:2  Baths:2.00  Living Area:1,642  Land Area:13,690 sqft

Built:2007  Frontage:Golf Course  Design:1Story, Double Wall

Lot Desc:Cul de sac  Car Storage:Driveway

Power:Electricity  Sewer:Cesspool Connected

Water:County  Roads:County, Paved

View:Mountain, Ocean, Sunrise

Listed with The Land Office, LLC 808-939-7227

94-5878 KALAI WAA PL

3-9-4-21-14  MLS# 233580  Residential

Detached  Fee Simple   Full Ownership

$444,000

Beds:3  Baths:2.00  Living Area:1,936  Land Area:16,214 sqft

Built:2006  Frontage:Golf Course  Design:1Story, Double Wall

Car Storage:Driveway, Garage – Attached  TV Access:Cable

Power:Electricity  Sewer:Cesspool Connected

Water:County  Roads:County, Paved  View:Mountain, Ocean

Listed with Royal Palm Properties, Inc. 808-939-7377

94-5765 AWA PAE LP

3-9-4-18-43  MLS# 220508  Residential

Detached  Fee Simple   Full Ownership  $429,000

Beds:4  Baths:2.0  Living Area:2,040  Land Area:14,675 sqft

Built:2004  Frontage:Golf Course  Design:1Story, Double Wall

Car Storage:Garage – Attached  TV Access:Cable

Power:Electricity  Sewer:Cesspool  Water:County

Roads:County  View:Mountain, Ocean

Listed with Clark Realty Corporation - Keauhou 808-331-1300

94-1733 WAKEA AVE

3-9-4-23-63  MLS# 233847  Residential

Fee Simple   Full Ownership  $399,000

Beds:3  Baths:2.00  Living Area:2,213  Land Area:14,000 sqft

Built:2005  Design:1Story, Double Wall

Car Storage:Garage – Attached  Phone Acc:Yes

TV Access:Cable  Power:Electricity  Sewer:Cesspool

Water:County  Roads:County, Paved  View:Mountain,Ocean

Listed with Hawaii Brokers, Inc. 808-885-7434

94-1432 HIKI-KU ST

3-9-4-22-22  MLS# 232145  Residential

Fee Simple  Full Ownership  $395,000

Beds:4  Baths:3.00  Living Area:1,960  Land Area:13,913 sqft

Built:2005  Design:2Story, Double Wall, Wood Frame

Car Storage:Garage – Attached  Phone Acc:Yes

TV Access:Cable  Power:Electricity  Sewer:Cesspool

Water:County  Roads:Paved  View:Mountain, Ocean

Schools:Naalehu Elem & Middle, Pahala High

Listed with Nathalie Mullinix Realty Universal, Inc. 808-261-0350

94-1566 HAEHAE ST

3-9-4-18-35  MLS# 235060  Residential

Detached  Fee Simple   Full Ownership

$395,000

Beds:3  Baths:2.00  Living Area:1,976  Land Area:14,000 sqft

Built:2007  Frontage:Golf Course  Design:Double Wall

Car Storage:Garage – Attached  Internet Acc:Cable, Satellite

Phone Acc:Cable, Cell, Land Line  TV Access:Satellite, Cable

Power:Electricity  Sewer:Cesspool  Water:County

Roads:County, Paved  View:Coastline, Golf Course, Mountain, Ocean, Sunrise

Listed with Ka'u Realty LLC 808-929-9999

94-1799 WAKEA AVE

3-9-4-24-9  MLS# 228160  Residential

Detached  Fee Simple   Full Ownership

$385,000

Beds:2  Baths:4.00  Living Area:2,176  Land Area:14,000 sqft

Built:1999  Design:1Story, Double Wall  Car Storage:Garage - Attached

TV Access:Cable  Power:Electricity  Sewer:Cesspool

Water:County  Roads:County, Paved

 

Listed with Coldwell Banker Day-Lum Properties 808-935-0399

94-5802 AOULI PL

3-9-4-19-70  MLS# 232748  Residential

Fee Simple  Full Ownership

$385,000

Beds:3  Baths:2  Living Area:1,698  Land Area:12,800 sqft

Built:1994  Frontage:Golf Course, Road  Design:1Story, Double Wall

Car Storage:Driveway, Garage – Attached  Phone Acc:Cell, Land Line

TV Access:Cable  Power:Electricity  Sewer:Cesspool Connected

Water:County  Roads:County, Paved

View:Mountain, Ocean, Sunrise

Listed with The Land Office, LLC 808-939-7227

94-5780 KAHIKI ST

3-9-4-20-4  MLS# 232883  Residential

Detached  Fee Simple  Full Ownership

$359,000

Beds:2  Baths:2.00  Living Area:1,400  Land Area:14,080 sqft

Built:2003  Frontage:Golf Course  Design:1Story, Double Wall, Wood Frame

Car Storage:Garage – Attached  TV Access:Cable

Power:Electricity  Sewer:Cesspool  Water:County

Roads:County, Paved  Schools:Naalehu/Pahala

Listed with Flat List RE 877-270-3726

94-5766 AU MOKU PL

3-9-4-19-36  MLS# 232947  Residential

Detached  Fee Simple   Full Ownership

$344,000

Beds:2  Baths:2  Living Area:1,384  Land Area:15,429 sqft

Built:2005  Frontage:Golf Course  Design:1Story, Double Wall

Car Storage:Garage – Attached  TV Access:Cable

Power:Electricity  Sewer:Cesspool Connected

Water:County  Roads:County, Paved  View:Mountain, Ocean

Listed with Royal Palm Properties, Inc. 808-939-7377

94-5755 AWA PAE LP

3-9-4-18-46  MLS# 228383  Residential

Fee Simple   Full Ownership

$310,000

Beds:2  Baths:2  Living Area:1,193  Land Area:15,451 sqft

Built:1983  Frontage:Golf Course

Design:1Story, Double Wall, Wood Frame

Phone Acc:Yes  Power:Electricity  Sewer:Cesspool

Water:County  Roads:County, Paved

View:Mountain, Ocean

Listed with Royal Palm Properties, Inc. 808-939-7377

94-1654 LEWA NUU ST

3-9-4-16-89  MLS# 227049  Residential

Fee Simple  Full Ownership  $298,000

Beds:3  Baths:2.00  Living Area:1,215  Land Area:13,755 sqft

Built:2006  Design:1Story, Double Wall

Car Storage:Garage - Attached, Driveway  TV Access:Cable

Power:Electricity  Sewer:Cesspool  Sewer Type:Connected

Water:County  Roads:County, Paved

View:Mountain, Ocean

Listed with Ka'u Realty LLC 808-929-9999

94-1668 LEWA NUU ST

3-9-4-16-86  MLS# 235288 Residential

Detached  Fee Simple  Full Ownership

$290,000

Beds:3  Baths:2.00  Living Area:1,325  Land Area:14,000 sqft

Built:2009  Car Storage:Driveway  Internet Acc:DSL, None

Phone Acc:Cell  TV Access:Satellite  Power:Electricity

Sewer:Cesspool  Water:County  Roads:County, Paved

View:Ocean

Listed with The Land Office, LLC 808-939-7227

94-1397 KAULUA CIR

3-9-4-21-107  MLS# 234392  Residential

Detached  Fee Simple   Full Ownership

$280,000

Beds:3  Baths:2.00  Living Area:1,792  Land Area:14,000 sqft

Built:1991  Design:Double Wall  Car Storage:Carport

Phone Acc:Cell, Land Line  TV Access:Satellite

Power:Electricity  Sewer:Cesspool  Water:County
View:Mountain, Ocean

Schools:Naalehu School,Ka'u High

Listed withLivingston Realty 808-324-7001

94-1712 HAEHAE LP

3-9-4-17-49  MLS# 236255  Residential

Detached  Fee Simple   Full Ownership

$214,000

Beds:3  Baths:2.00  Living Area:1,215  Land Area:13,587 sqft

Built: 2006

Design:1Story, Double Wall  Car Storage:Garage - Attached

Internet Acc:Satellite  Phone Acc:Cable

TV Access:Cable  Power:Electricity  Sewer:Cesspool

Water:County  Roads:County

View:Mountain

Listed with The Land Office, LLC 808-939-7227

94-1627 HAEHAE ST

3-9-4-17-30  MLS# 230542  Residential

Detached  Fee Simple   Full Ownership

$199,000

Beds:3  Baths:2.00  Living Area:1,215  Land Area:13,300 sqft

Built:2006  Design:1Story, Double Wall

Car Storage:Garage – Attached  TV Access:Cable

Power:Electricity  Sewer:Septic

Water:County  Roads:County

Listed with Reba-Mae Silva REALTOR 808-326-4756