"relocating" Tag Archive

Below are the articles tagged with the term "relocating".


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When Checking Out a House, Leave Your Emotions at Home

It has been my experience that home buyers follow their hearts. They should, of course, because they are making a huge purchase for their family. It’s an important decision and not one you make every day. However, sometimes it is important to set aside emotions and make a clear thinking decision and make sure your dream home is not a money pit.
Always hire a professional inspector to inspect the home you choose before you complete the sale, even if it’s a foreclosure or short sale. There are five key areas to determine if the home has serious problems; roof, foundation, piping, flooding, and unapproved work.

1. Roof – A new roof can cost between $5,000-$15,000 depending on the type.
• A quick method to determine if the roof is leaking is to look in the attic. Warning – don’t climb into the attic yourself, unless you know how to simply open the attic access panel and look inside.
• With a flashlight check the rafters. They should not show water stains, which indicate leaking.
• With the flashlight off, look up at the roof
• Any pintpoints of light shining through indicate a worn roof.

2. Foundation – A cracked foundation is a serious matter. It can cost tens of thousands of dollars to fix it, and, in severe cases, may not be fixable. Keep an eye out for these potential warning signs:
• V-shaped cracks (larger at the top than at the bottom) around the perimeter of the house.
• Cracks in interior walls near corners of doors or windows. Look at all the corners of windows and doors, and at joints where walls meet walls, ceilings, or doors for signs that they are pulling away from each other.
• Doors that stick and squeak.
• Leaks and cracks in and around the fireplace.
• Obvious cracks in the brick and mortar.

3. Piping – Copper piping rarely corrodes and is the plumbing of choice these days, but many older homes have galvanized steel plumbing. After 30 years or so it tends to rust out and leak. Replacing it can cost $5,000 or more, so it’s something you’ll want to watch out for. Call a plumber if you have specific questions.

4. Flooding – If a house is poorly situated on its lot, flooding can occur under the house, which can seriously damage the home. In the basement, check for water stains on the foundation indicating flooding during rainly periods. If you find these, call in a soils engineer to confirm the problem and suggest solutions.

5. Unapproved work – All improvements to the property should have been done with permits from the local building department. Work done without permit may be substandard and , if discovered later, may beed to be ripped out. Go down to your local building department and request copies of permits for all work that was done at the property address. Compare these with any additions or replacements done by the seller. If work was not done by permit, you may ask the seller to obtain permits for the work and bring it up to building-code standards before you purchase.

Copyright 2004 by the Texas Association of Realtors, all rights reserved.

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7 Homeowner Insurance Tips for Texans

Here are seven ways to cut the cost of your home insurance from http://helpinsure.com , a Texas customer-friendly Internet site. These are tips to help you save on your homeowners insurance.
1. Shop around – and do it early! Check with several different home insurance companies to get rate quotes. (An independent insurance agent can provide rate quotes from a variety of companies.) And definitely do it well before your policy expires, just in case you run into any snags along the way.
2. Raise your deductible. The deductible is the amount of money you have to pay toward a loss before your insurance kicks in. Home insurance deductibles usually start around $250. However, if you increase your deductible to:
$500, you’ll save up to 12% on your premiums
$1,000 ? Save up to 24%
$2,500 ? Save up to 30%
$5,000 ? Save up to 37%
3. Buy your home and auto policies from the same company. Many companies will give what’s called a “multi-line” discount if you buy both home insurance and auto coverage from them.
4. Don’t skimp when buying a home. If you’re looking at buying a home, think about the cost of insuring the home. A newer home’s electrical, heating, and plumbing systems and overall structure are likely to be in better condition than those of an older home – and can lead to a discount on your premiums.
5. Insure your home, not the land. While your home and its contents are at risk from fire, theft, windstorms, and other perils, the land your home sits on is not. Don’t include the value of the land in deciding how much home insurance you need to buy.
6. Improve security and safety. Items such as dead-bolt locks, burglar alarms, and smoke detectors can usually bring discounts of 5% each. Your insurance company may also offer a significant discount of 15% or sometimes even 20% if you install a sophisticated home-security system.
7. Check your policy annually. Your policy should reflect the value of your home and belongings. If you review your policy every year, you can easily make the necessary adjustments. If, for example, you just sold a valuable painting, you won’t need the same amount of personal property coverage. But if you’ve added a garage or other addition, you’ll need to increase your dwelling coverage.

2004 Copyright Texas Association of Realtors. All rights reserved.

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Senior Living Cranks Up

HOUSTON (Houston Business Journal) – Multiple new senior-living projects are in the works in the Houston area. Among them:
• Wallace Bajjali and Outer Marker Properties LLC expect construction on Hampton Pointe Manor, a 78-unit assisted-living facility with 20 memory care units, to begin within 30 days. It will be at 3505 Murphy Rd.
• LaSalle Group Inc. of Dallas is developing a 46-bed facility, slated to be completed within a year, at 20313 South University Blvd. in the Riverstone master-planned community.
• LaSalle also acquired 2.8 acres in Spring for another 46-bed development known as Autumn Leaves of Cypresswood, which will break ground within a few weeks.
• San Antonio-based Galaxy Builders Ltd. and VDC Greenhouse Ltd. expect construction to begin this month on Greenhouse Place, a 160-unit apartment complex with rents ranging from $236 to $609 for one-bedroom units and $314 to $727 for two-bedroom units. An additional 110-unit complex in Alvin on 7.3 acres is also in the works.
• LDG Development LLC broke ground last month on the $16 million Melbourne Senior at 3075 Mustang Rd.
• Del Webb announced earlier this month that it will resume developing the 1,500-home project on hold in Fort Bend County. The neighborhood is planned for 500 acres at SH 59 and Thompsons Rd.

How Comprehensive Is Your Home Warranty?

Check your home warranty policy to see which of the following items are covered. Also check to see if the policy covers the full replacement cost of an item.

• Plumbing
• Electrical Systems
• Water Heater
• Furnace
• Heating Ducts
• Water Pump
• Dishwasher
• Stove/Cooktop/Ovens
• Microwave
• Refrigerator
• Washer/Dryer
• Swimming Pool (optional)

Reprinted from REALTOR Magazine Online by permission of the National Association of Realtors, Copyriht 2005, All rights reserved.

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What do you want and need in a home?

Finding a new home can be exciting. But deciding what you truly want and need-and can afford-can be challenging. Making these decisions begins with setting priorities among many different preferences. Most homebuyers invariably face trade-offs. As your buyer’s representative, I can play a key role in helping you sort out your options. My team can also offer important insights specific to our local market. Here are many of the considerations you’ll want to discuss with me or my team members:

Basic Home Features

• Do you prefer a single-family detached home, townhome, condominium, or other type of property?
• Desired number of bedrooms and baths
• Preferences regarding kitchen, dining, family rooms, etc. and preferred home layout
• High-priority home features, such as kitchen appliances, fireplace, etc.
• Other types of rooms needed (e.g., a home office or a hobby space)
• Storage spaces (closets, basement, and outdoor shed, etc.)
• Need for a garage or parking space, and if so, for how many cars?

Other Home Preferences

• Ranch, two story, split level, etc.
• Age and style of home (Victorian, bungalow, modern, etc.)
• How important is energy efficiency or other green home features?

Neighborhoods/Location

• Commuting considerations (to work, shopping, etc.)
• Proximity to desirable features (such as a community center, exercise facility, school, hospital, etc.)
• Views – how important is to find your ideal view (overlooking a park, for example) or avoiding a bad one (busy highway)?

Lot Characteristics

• Size and Shape of yards
• Landscaping Considerations – need for privacy, play areas, decking, etc.
• Home orientation – is it important for your home to face a particular direction?

Life at Home

• If you’ll be sharing your home with kids, pets, or others, how does this impact your housing preferences?
• Proximity to neighbors

Related Costs

• HOA or Homeowner Association Fees
• Property Taxes

Trade-Offs

• How much do you want to invest in a home beyond the purchase price, either financially or in terms of sweat equity, if you can’t find exactly what you want?
• Are you willing to consider other neighborhoods that provide better affordability?
Resale
• How long do you plan to live in this home? How does this impact the type of home you will buy, how much you’ll spend, and your choice of location?

This information is reprinted from a www.REBAC.net publication.

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