Not since John Kennedy and Lyndon Johnson have we seen such a return of the political machine to national politics.
Say what you will about Dick Nixon, Jimmy Carter, Ronald Regan, Bill Clinton, George W. Bush, they were all outside of the backroom machine politics.
Now we have a president created by the same Chicago machine that delivered the White House to John Kennedy and brought you the 1968 Democratic Convention.
What about "Change"? The manager of free those who stole from small investors to pay for Clinton is labelled for Attorney General. The unions who forced their members to pay for Obama are to be rewarded with new highway, bridge and other infrastructure projects. Remember this is the same machine that gave "affirmative action" grants to white males.
What was worse than the depression in 1932? The depression of 1938 made worse by 5 years of protectionism and stifling of production by big government programs.
You heard it here. Watch for the machine to attack the secret ballot within the first year.
Tuesday, December 9, 2008
Barking up the Wrong Tree
Take a look at the headlines from Chicago.
Unions picketing Bank of America because B of A wouldn't give gredit to a failing company, thus causing the company to close.
Don't see the Unions offering to give a loan to the company from their pension funds. Also have to listen to the union paid congressional types complaining about the quality of the loans the banks have made in the past.
Didn't hear the unions offering to reduce the cost of the company producing its product.
If you want to complain about denying credit to lousy credit risks then don't complain about having to bail out the banks that have been forced to make the loans.
The Union memebers can probably get jobs under the Obama pay off of the unions who supported him. What pay off?
All of the money to "rebuild infrastructure" is required by federal law to go solely to union contractors. No help for the poor carpenter who used to build houses until he pays thousands to the union to get on their bench.
Unions picketing Bank of America because B of A wouldn't give gredit to a failing company, thus causing the company to close.
Don't see the Unions offering to give a loan to the company from their pension funds. Also have to listen to the union paid congressional types complaining about the quality of the loans the banks have made in the past.
Didn't hear the unions offering to reduce the cost of the company producing its product.
If you want to complain about denying credit to lousy credit risks then don't complain about having to bail out the banks that have been forced to make the loans.
The Union memebers can probably get jobs under the Obama pay off of the unions who supported him. What pay off?
All of the money to "rebuild infrastructure" is required by federal law to go solely to union contractors. No help for the poor carpenter who used to build houses until he pays thousands to the union to get on their bench.
Monday, December 8, 2008
Beware the Savior solution for foreclosures.
Now the numbers start to come in.
It's been long enough that those who received reworked mortgages to avoid foreclosure have a track record.
According to the Office of Comptroller of the Currency, reports from the 14 largest lenders, representing 60% of mortgage lending, of those with mortgages that had been modified for at least 6 months, 53% wer 30 days or more behind.
It's tough when suspicions are right. It was not the loan that was the problem. When the loan was modified more than half of these borrowers were behind again in 6 months.
This is not a mortgage crisis it's a borrower crisis. When borrowers just don't pay it is not a foreclosure crisis.
What happened. Remember the good old days of Ninja loans. No income, no job, no assets, no credit - no problem. A lot of people in homes they couldn't afford. Why worry about them any more than the person who bought the over priced SUV and didn't like putting $4.00 a gallon gas in it. Choices have consequences.
The consequence of not making your payment is foreclosure. Don't penalize the people who saved and tightened their belts and are still making their payment.
It's been long enough that those who received reworked mortgages to avoid foreclosure have a track record.
According to the Office of Comptroller of the Currency, reports from the 14 largest lenders, representing 60% of mortgage lending, of those with mortgages that had been modified for at least 6 months, 53% wer 30 days or more behind.
It's tough when suspicions are right. It was not the loan that was the problem. When the loan was modified more than half of these borrowers were behind again in 6 months.
This is not a mortgage crisis it's a borrower crisis. When borrowers just don't pay it is not a foreclosure crisis.
What happened. Remember the good old days of Ninja loans. No income, no job, no assets, no credit - no problem. A lot of people in homes they couldn't afford. Why worry about them any more than the person who bought the over priced SUV and didn't like putting $4.00 a gallon gas in it. Choices have consequences.
The consequence of not making your payment is foreclosure. Don't penalize the people who saved and tightened their belts and are still making their payment.
8 Ways to Save Energy and Money around the home
1. Plug air leaks with caulking, sealing, or weather stripping. Save 10 percent ($190 per year) or more on energy bills. Focus on windows, doors, outlets or switch plates on exterior walls.
2. Properly maintain the heating system. Heating accounts for half the average family's energy bill (approximately $950 per year). Make sure the furnace or heat pump receives professional maintenance each year. The small cost (about $75-100 for most service calls) will pay back in better performance all year long.
3. Install a programmable thermostat. Programming the thermostat from 72ºF to 65ºF for eight hours a day while no one is home, or everyone is tucked in bed, will cut the heating bill up to 10 percent ($90 per year), paying for a basic unit in less than a year.
4. Seal and insulate heating ducts. A system can lose up to 60 percent of its warmed air before it reaches the register (wasting $570 in warmed air per year) if ducts are not properly insulated in unheated areas such as attics and crawlspaces.
5. Insulate, insulate, insulate. Adequate insulation in the attic, ceilings, exterior and basement walls, floors, and crawlspaces can save up to 30 percent on home energy bills ($630 per year). Focus on the attic. (Heat rises.) Most homes should have between R-30 and R-49 insulation in the attic. Learn more at www.eere.energy.gov/consumer.
6. Close fireplace dampers when not in use. When in use, reduce heat loss by opening dampers in the bottom of the firebox (if provided) or open the nearest window about an inch, close doors to the room, and lower thermostat setting to 50-55ºF.
7. Let the sun shine in. Open curtains on south facing windows during the day to allow sunlight to naturally heat the home, and close them at night to reduce the chill from cold windows.
8. Stay out of hot water. Water heating accounts for 15 percent of household energy use. Reduce water heating costs by lowering the water heater’s thermostat setting. Each 10ºF reduction can save between 3-5 percent in energy costs. Also insulate the hot water heater and hot water pipes.
2. Properly maintain the heating system. Heating accounts for half the average family's energy bill (approximately $950 per year). Make sure the furnace or heat pump receives professional maintenance each year. The small cost (about $75-100 for most service calls) will pay back in better performance all year long.
3. Install a programmable thermostat. Programming the thermostat from 72ºF to 65ºF for eight hours a day while no one is home, or everyone is tucked in bed, will cut the heating bill up to 10 percent ($90 per year), paying for a basic unit in less than a year.
4. Seal and insulate heating ducts. A system can lose up to 60 percent of its warmed air before it reaches the register (wasting $570 in warmed air per year) if ducts are not properly insulated in unheated areas such as attics and crawlspaces.
5. Insulate, insulate, insulate. Adequate insulation in the attic, ceilings, exterior and basement walls, floors, and crawlspaces can save up to 30 percent on home energy bills ($630 per year). Focus on the attic. (Heat rises.) Most homes should have between R-30 and R-49 insulation in the attic. Learn more at www.eere.energy.gov/consumer.
6. Close fireplace dampers when not in use. When in use, reduce heat loss by opening dampers in the bottom of the firebox (if provided) or open the nearest window about an inch, close doors to the room, and lower thermostat setting to 50-55ºF.
7. Let the sun shine in. Open curtains on south facing windows during the day to allow sunlight to naturally heat the home, and close them at night to reduce the chill from cold windows.
8. Stay out of hot water. Water heating accounts for 15 percent of household energy use. Reduce water heating costs by lowering the water heater’s thermostat setting. Each 10ºF reduction can save between 3-5 percent in energy costs. Also insulate the hot water heater and hot water pipes.
Wednesday, November 26, 2008
Fed Move Lowers Rates Perception is Reality
The Federal Government's moves yesterday have produced a flurry of interest and the first positive mortgage press we've seen in months.
The rates dropped from mid 6's to mid 5's. That's about $70 on a $150,000 mortgage. So the reality isn't huge.
However, the publicity led to a positive perception and some lenders were reporting a 100% increase in call activity.
Interest rate have never been a problem throughout this entire "housing crisis". As opposed to prior housing crises when mortgage interest rates were in the 16-17% range.
Let's just hope that the lenders don't go back to what got us in trouble the "no credit, no money, no job - NO PROBLEM" underwriting that led to the defaults.
The rates dropped from mid 6's to mid 5's. That's about $70 on a $150,000 mortgage. So the reality isn't huge.
However, the publicity led to a positive perception and some lenders were reporting a 100% increase in call activity.
Interest rate have never been a problem throughout this entire "housing crisis". As opposed to prior housing crises when mortgage interest rates were in the 16-17% range.
Let's just hope that the lenders don't go back to what got us in trouble the "no credit, no money, no job - NO PROBLEM" underwriting that led to the defaults.
Wednesday, November 19, 2008
Calling Central PA Scots
Last night was the St. Andrews Day dinner. Good fun as usual.
If you want to celebrate your Scots heritage or just enjoy things Scottish, consider the Scottish Society of Central Pennsylvania. The Burns dinner, our big formal event of the year is coming in January.
For info contact me or go to their website http://www.pennscots.org/index.htm
If you want to celebrate your Scots heritage or just enjoy things Scottish, consider the Scottish Society of Central Pennsylvania. The Burns dinner, our big formal event of the year is coming in January.
For info contact me or go to their website http://www.pennscots.org/index.htm
Tough Economy - Save By -
Gas is cheaper than it was but you can still save some dollars .
Remember that small savings add up.
Pump up your tires. Tires lose about a pound a month. As the temperature cools the air you put in shrinks. IF you drive with tires that are just 3 pounds underinflated, your vehicles fuel economy drops by 1 percent.
Clean your car. No, I'm not talking about polishing the outside to reduce wind resistance. But take a look at what you are hauling around in your car. Is there a bunch of stuff that belongs somewhere else and just never made it. If you're hauling around 100 extra pounds, for example you may be lowering your fuel efficiency by up to 2%.
Neither one of these will make your SUV into a Prius but they will put more money in your pocket.
Remember that small savings add up.
Pump up your tires. Tires lose about a pound a month. As the temperature cools the air you put in shrinks. IF you drive with tires that are just 3 pounds underinflated, your vehicles fuel economy drops by 1 percent.
Clean your car. No, I'm not talking about polishing the outside to reduce wind resistance. But take a look at what you are hauling around in your car. Is there a bunch of stuff that belongs somewhere else and just never made it. If you're hauling around 100 extra pounds, for example you may be lowering your fuel efficiency by up to 2%.
Neither one of these will make your SUV into a Prius but they will put more money in your pocket.
Tuesday, November 18, 2008
Remember Breakfast Rides in whe Winter Too
All summer long we ride to Lawn and Ephrata etc.
In winter there are still Fire Departments that need our support.
On the west shore, Citizens Fire in Mechanicsburg is having a breakfast on 23 Nov. New Kingstown had one last weekend.
They are still out there. The need our support. We need to eat regardless of the weather and hey if we hit a good weather day - get out and ride.
Good weather? In the winter for me 38 and no ice on the roads.
In winter there are still Fire Departments that need our support.
On the west shore, Citizens Fire in Mechanicsburg is having a breakfast on 23 Nov. New Kingstown had one last weekend.
They are still out there. The need our support. We need to eat regardless of the weather and hey if we hit a good weather day - get out and ride.
Good weather? In the winter for me 38 and no ice on the roads.
Real Estate Myths Continued
MYTH: Only home sellers - not buyers - need a real estate agent
TRUTH: I'm surprised this one is still out there. Do you want to rely on a Seller's agent whose DUTY is to get the best deal for the SELLER? It's not a matter of honesty, it's a matter of who works for whom. Lots of dollars at stake in a complex transaction - is it worth the risk to not have someone representing YOUR interest? Find an agent you can trust and have rapport with. with.
TRUTH: I'm surprised this one is still out there. Do you want to rely on a Seller's agent whose DUTY is to get the best deal for the SELLER? It's not a matter of honesty, it's a matter of who works for whom. Lots of dollars at stake in a complex transaction - is it worth the risk to not have someone representing YOUR interest? Find an agent you can trust and have rapport with. with.
Thursday, November 13, 2008
Real Estate Myths
As the real estate market has moved away from the go-go times when everything sold regardless of price and Congress encouraged lenders to lend to any buyer who could fog a mirror, it is time to focus again on the basics.
It has been so long that most consumers (and some agents) have forgotten the basics that are hidden by myths which came in when times were crazy.
So I'll post from time to time some of what I consider to be myths.
Myth - Buyers should wait until they find the home they want before getting loan approved.
Reality: Especially in today's mortgage market, where standards are changing weekly if not daily, loan approval needs to be a first step. Just because you could get it 3 months ago doesn't mean anything today. You don't want to fall in love with a house, then find out you can't get it or at the payment you were expecting. You're going to need a lender you can work with anyway, so why not get that relationship started before you absolutely need them the next day.
Take the time to find the lender with the service to keep you up to date on how the changing world of real estate lending impacts you. Now more than ever, you need a real person you can work with NOT an electronic phantom.
When you find the home you've been dreaming of you'll know you can get it and you'll be in a much stronger position to close the deal.
It has been so long that most consumers (and some agents) have forgotten the basics that are hidden by myths which came in when times were crazy.
So I'll post from time to time some of what I consider to be myths.
Myth - Buyers should wait until they find the home they want before getting loan approved.
Reality: Especially in today's mortgage market, where standards are changing weekly if not daily, loan approval needs to be a first step. Just because you could get it 3 months ago doesn't mean anything today. You don't want to fall in love with a house, then find out you can't get it or at the payment you were expecting. You're going to need a lender you can work with anyway, so why not get that relationship started before you absolutely need them the next day.
Take the time to find the lender with the service to keep you up to date on how the changing world of real estate lending impacts you. Now more than ever, you need a real person you can work with NOT an electronic phantom.
When you find the home you've been dreaming of you'll know you can get it and you'll be in a much stronger position to close the deal.
He's Back
Back from the elections - so no need for election politics.
Back from vacation. Black Hills were wonderful in the "off "season.
Back to the buying and selling of homes which is still occurring despite the tough economic times.
Back from vacation. Black Hills were wonderful in the "off "season.
Back to the buying and selling of homes which is still occurring despite the tough economic times.
Thursday, August 28, 2008
It's Ride for Kids Time
Ride either one on September 21
Columbia, Maryland - the one I've been riding since 1994
Won't be able to make the ride but still want to help the kids? Go to my secure donation site
http://www.firstgiving.com/allengordon
On behalf of the kids - THANKS
Columbia, Maryland - the one I've been riding since 1994
or
Philadlphia - newer but if it's closer to you - DO IT
It's all for a great cause - helping kids with Pediatric Brain Tumors. Started and still run by a motorcycle rid and racer.
Last year's ride in Columbia raised over $200,000.
For more information the ride's website is:
http://www.ride4kids.com/Won't be able to make the ride but still want to help the kids? Go to my secure donation site
http://www.firstgiving.com/allengordon
On behalf of the kids - THANKS
Long Way Down - Great Read
Looking for a great read - travel from Scotland to South Africa on motorcycle with Ewan McGregor and Charlie Boorman. These two movie folks are able to get close to the people since they aren't isolated in a rolling cage
Thursday, August 21, 2008
FEED THE PIG
What a great site for creating awareness of what it actually takes to turn today's debt burdened consumer into someone who is taking steps, big and small, to be able to be financially secure.
Great for young and old and in between.
http://www.feedthepig.org/
Great for young and old and in between.
http://www.feedthepig.org/
Prudential Real Estate Ranked Highest
More to come but Prudential Real Estate ranked "Highest in Overall Satisfaction for Home Sellers among National Full Service Real Estate Firms" in J.D. Power and Associates' 2008 Home Buyer/Seller Study.
Thursday, July 31, 2008
Tax Credit for First Time Buyers
Hopefully it will help first time buyers which will help power the market back up. It will definitely help the overall economy since it provides the money in the form of an interest free loan only after the home has been purchased.
The link below provides a good set of answers on how the program works.
http://www.federalhousingtaxcredit.com/
As with all tax issues, if you have a question, consult your tax professional
The link below provides a good set of answers on how the program works.
http://www.federalhousingtaxcredit.com/
As with all tax issues, if you have a question, consult your tax professional
Tuesday, July 29, 2008
I 83 - The York split
Typical whining this morning in the Patriot. Wanting to wait for the rebuild of 83 at the York split.
A better idea: Enforce the aggressive driver and tailgating laws. About once a week someone will go 83 via the shoulder. Never a ticket.
Every day drivers going 581 east to 83 south without a thought of yielding - have never seen a ticket for this in over 10 years of daily use. Even got rear ended once on the ramp trooper sitting on northbound side didn't even bother to drive around.
Every day on 83 from before the York Split to the 81, there is always someone who insists on driving less than a car length behind at 55. Usually there is someone weaving in and out of traffic. What is the enforcement? Sitting on the side of the road playing with speed guns.
Wake up people it's not the absolute speed that is causing the problems. It's drivers following so close that they have no prayer of stopping if something happens in front of them.
Maybe there needs to be a publicized crack down like the publicized speeding crack down.
A better idea: Enforce the aggressive driver and tailgating laws. About once a week someone will go 83 via the shoulder. Never a ticket.
Every day drivers going 581 east to 83 south without a thought of yielding - have never seen a ticket for this in over 10 years of daily use. Even got rear ended once on the ramp trooper sitting on northbound side didn't even bother to drive around.
Every day on 83 from before the York Split to the 81, there is always someone who insists on driving less than a car length behind at 55. Usually there is someone weaving in and out of traffic. What is the enforcement? Sitting on the side of the road playing with speed guns.
Wake up people it's not the absolute speed that is causing the problems. It's drivers following so close that they have no prayer of stopping if something happens in front of them.
Maybe there needs to be a publicized crack down like the publicized speeding crack down.
Monday, July 28, 2008
Quick Maintenance Tips
A couple of quick maintenance ideas from my friends at Housemaster
Washing Machine Hoses. Although a burst washing machine hose can cause thousands of dollars worth of damage, most homeowners do not routinely perform a simple function that would prevent such damage - shut the water supply off to the washer between uses. For this reason, reinforced lines are recommended for the washing machine supply lines. “No-burst lines”, as they are sometimes referred to, are essentially the same as the standard rubber hose normally used, except that the rubber is sleeved in a metal mesh that prevents weak spots in the rubber from developing into leaks.
Air filters. If you have been using inexpensive fiberglass air filters in your central heater or air conditioner, try upgrading to pleated filters. Pleated filters cost more, but are much more efficient at filtering out dust, pollen and other indoor-air contaminants. Many better-grade filters can also be used effectively for longer periods of time than fiberglass filters, reducing the over-all cost. Whatever filter you use, change or clean it when it accumulates a significant amount of dirt. Very dirty filters will reduce the air flow through ducts, wasting energy and possibly damaging the unit.
Remember, these tips are only general guidelines. Since each situation is different, contact a professional if you have questions about a specific issue. More home safety and maintenance information is available online at www.housemaster.com.
Washing Machine Hoses. Although a burst washing machine hose can cause thousands of dollars worth of damage, most homeowners do not routinely perform a simple function that would prevent such damage - shut the water supply off to the washer between uses. For this reason, reinforced lines are recommended for the washing machine supply lines. “No-burst lines”, as they are sometimes referred to, are essentially the same as the standard rubber hose normally used, except that the rubber is sleeved in a metal mesh that prevents weak spots in the rubber from developing into leaks.
Air filters. If you have been using inexpensive fiberglass air filters in your central heater or air conditioner, try upgrading to pleated filters. Pleated filters cost more, but are much more efficient at filtering out dust, pollen and other indoor-air contaminants. Many better-grade filters can also be used effectively for longer periods of time than fiberglass filters, reducing the over-all cost. Whatever filter you use, change or clean it when it accumulates a significant amount of dirt. Very dirty filters will reduce the air flow through ducts, wasting energy and possibly damaging the unit.
Remember, these tips are only general guidelines. Since each situation is different, contact a professional if you have questions about a specific issue. More home safety and maintenance information is available online at www.housemaster.com.
Tuesday, July 15, 2008
Harrisburg, PA house prices advance.
There are areas of the country where home prices are falling.
Fortunately for those of us in Central Pennsylvania, the numbers just released by our local multi-list show an increase in both median and average price over the second quarter of 2007.
Homes are taking longer to sell but the values are holding.
Fortunately for those of us in Central Pennsylvania, the numbers just released by our local multi-list show an increase in both median and average price over the second quarter of 2007.
Homes are taking longer to sell but the values are holding.
July 16 is Ride to Work Day
Show your support for this program to increase commuting fuel economy
Motorcycle and scooter riders' 17th annual commuting day is Wednesday, July 16th. Participation in the yearly demonstration is estimated to triple the number of riders on the road. Motorcycle and scooter groups and organizations actively encourage riders to commute by cycle on this day. On Ride to Work Day, motorcycle and scooter commuters seek improved employer recognition and support for this form of transportation and increased public and government awareness of the positive value of riding.
Adding more motorcycles and scooters to everyone's daily commute makes urban parking easier and traffic flow better, according to Ride to Work, a non-profit advocacy organization. Studies have also shown that across the same distances, motorcyclists reach their destinations faster than those using automobiles. Many motorcycles and scooters also consume lessenergy resources per mile than automobiles. "Riding to work on this day is fun and shows the positive value of motorcycling. For many people, riding is a socially responsible form of mobility that saves energy, helps the environment and provides a broad range of other public benefits," stated Andy Goldfine, this year's event organizer.The Ride To Work website has been expanded with new features
Motorcycle and scooter riders' 17th annual commuting day is Wednesday, July 16th. Participation in the yearly demonstration is estimated to triple the number of riders on the road. Motorcycle and scooter groups and organizations actively encourage riders to commute by cycle on this day. On Ride to Work Day, motorcycle and scooter commuters seek improved employer recognition and support for this form of transportation and increased public and government awareness of the positive value of riding.
Adding more motorcycles and scooters to everyone's daily commute makes urban parking easier and traffic flow better, according to Ride to Work, a non-profit advocacy organization. Studies have also shown that across the same distances, motorcyclists reach their destinations faster than those using automobiles. Many motorcycles and scooters also consume lessenergy resources per mile than automobiles. "Riding to work on this day is fun and shows the positive value of motorcycling. For many people, riding is a socially responsible form of mobility that saves energy, helps the environment and provides a broad range of other public benefits," stated Andy Goldfine, this year's event organizer.The Ride To Work website has been expanded with new features
Wednesday, July 9, 2008
The Sky Is Falling Energy Answers
A recent local editorial on energy prices was typical of the moaning that the quick fixes won't work.
Wake up. We didn't get into this situation overnight and won't get out of it overnight.
We have made incremental choices to get here and will have to make incremental choices to get out. Today our politicos are throwing out ideas because they won't provide instant solutions.
Let's look at the behaviors in the last 20 years that have led us here and are easy to reverse to head us back in the right direction. THESE ARE IN NO PARTICULAR ORDER.
The basic point is that the fewer gallons we consume at $4.00 the longer to get to $5.oo.
Look in your parking lot. See all those all wheel drive SUV's?? This is Central Pennsylvania people. There have been maybe 4 days in the last 10 years when the roads weren't passable to a front wheel drive automobile. And guess what? Most of those SUV drivers stayed home more days than that because the roads were too bad. I spent 4 winters in Fairbanks, Alaska and didn't need 4 wheel drive in town. If you need the room of an SUV, I understand but why not buy it in 2 wheel drive?
Speaking of SUV's take a look at our local government lots and the SUV's provided to non-critical personnel who get to stay home when it snows.
Governmental parking lots that deny parking to 2 wheeed motor vehicles. Nothing like active discouragement for vehicles that get 2 to 3 times the mileage.
Active hostility to mass transit from local government. The rail system would be almost ready to go from Cumberland to Lancaster. But no. Too many layers with their own rice bowls to fill.
Speaking of too many layers, the recent articles on Rte 39 upgrades were instructional. It's a state road. The state knew what it needed to do to improve it. But they had to wait to satisfy about a half a dozen little rice bowls. In the meantime the price of asphalt went where?
How many gallons are going into the tanks for a State Legislature that keeps coming to Harrisburg all year. It's at most a 90 day a year job. But again from more local governments than any other state in the nation you get more people determined to fill their rice bowl at the public trough.
Increase gasoline production? That would mean building a new refinery. We haven't allowed one to be built since 1979.
Think about each little step and we'll eventually get there. Pay attention to the hysteria and progress will be further stifled. If the person suggesting the solution arrived in part of the problem they probably don't have the solution.
Wake up. We didn't get into this situation overnight and won't get out of it overnight.
We have made incremental choices to get here and will have to make incremental choices to get out. Today our politicos are throwing out ideas because they won't provide instant solutions.
Let's look at the behaviors in the last 20 years that have led us here and are easy to reverse to head us back in the right direction. THESE ARE IN NO PARTICULAR ORDER.
The basic point is that the fewer gallons we consume at $4.00 the longer to get to $5.oo.
Look in your parking lot. See all those all wheel drive SUV's?? This is Central Pennsylvania people. There have been maybe 4 days in the last 10 years when the roads weren't passable to a front wheel drive automobile. And guess what? Most of those SUV drivers stayed home more days than that because the roads were too bad. I spent 4 winters in Fairbanks, Alaska and didn't need 4 wheel drive in town. If you need the room of an SUV, I understand but why not buy it in 2 wheel drive?
Speaking of SUV's take a look at our local government lots and the SUV's provided to non-critical personnel who get to stay home when it snows.
Governmental parking lots that deny parking to 2 wheeed motor vehicles. Nothing like active discouragement for vehicles that get 2 to 3 times the mileage.
Active hostility to mass transit from local government. The rail system would be almost ready to go from Cumberland to Lancaster. But no. Too many layers with their own rice bowls to fill.
Speaking of too many layers, the recent articles on Rte 39 upgrades were instructional. It's a state road. The state knew what it needed to do to improve it. But they had to wait to satisfy about a half a dozen little rice bowls. In the meantime the price of asphalt went where?
How many gallons are going into the tanks for a State Legislature that keeps coming to Harrisburg all year. It's at most a 90 day a year job. But again from more local governments than any other state in the nation you get more people determined to fill their rice bowl at the public trough.
Increase gasoline production? That would mean building a new refinery. We haven't allowed one to be built since 1979.
Think about each little step and we'll eventually get there. Pay attention to the hysteria and progress will be further stifled. If the person suggesting the solution arrived in part of the problem they probably don't have the solution.
Wednesday, July 2, 2008
Congratulations on Shipping Production to China
First the Democrat controlled Congess shipped our oil production out of the country. Now they have mandated that we can only use compact flourescent lamps that are only made in China.
Of course they didn't know they were taking contributions from a Chinese felon.
Of course they didn't know they were taking contributions from a Chinese felon.
MSN Selects Harriburg as one of 9 best
Recent article in MSN's real estate section selected the Harrisburg market as one of the 9 best houing markets when you look at the low cost of homes as compared to income and factor in the amenities we have in the area.
This is one of the reasons our market has not followed the collapse of some of the major markets which keep grabbing the headlines.
This is one of the reasons our market has not followed the collapse of some of the major markets which keep grabbing the headlines.
Tuesday, July 1, 2008
All of You Riders it's Sunday Breakfast Ride Season
Some of my favorites:
First Sunday -Ephrata - the largest geographical pull, so lots of different bikes & riders http://ephratamotorcycle.com/newsGen.php
First Sunday -Ephrata - the largest geographical pull, so lots of different bikes & riders http://ephratamotorcycle.com/newsGen.php
Second Sunday - Fatt Boys Steakhouse & Tavern, South Lebanaon - this is a newcomer but once folks get a taste of the food it should grow. Give them a try. http://www.fattboyssteakhouseandtavern.com/breakfast_ride.htm
Third Sunday - Lawn Fire & EMS - For a great cause, lots of food. A word to the wise - go early - by 9:00 you'll be standing in line for 30 minutes to get in. - http://www.lawnfire.com/events.php
For the other Sundays or anytime try Dunlap's bakery in Gettysburg or the Cozy in Thurmont, Maryland.
Other suggestions welcome.
For the other Sundays or anytime try Dunlap's bakery in Gettysburg or the Cozy in Thurmont, Maryland.
Other suggestions welcome.
Friday, April 4, 2008
Recently regarding Coldwell Banker
From forbes.com regarding Realogy, the owner of Coldwell Banker:
/28/08, 12:51 AM ET
Realogy’s outlook cut to negative; ratings affirmed – S&P
(Thomson Financial) – Standard & Poor’s Ratings Service said it has revised Realogy Corp’s outlook to negative from stable, citing a significantly lower expectation for EBITDA generation in 2008 than S&P had previously expected, and the resultant narrowing of the EBITDA cushion in the company’s senior secured credit facilities leverage covenant.
S&P affirmed the real estate franchisor’s ratings, including the ‘B’ corporate credit rating.
The rating reflects Realogy’s highly leveraged capital structure, thin expected EBITDA coverage of interest expense, and reduced cash flow generating ability due to the residential real estate downturn and the close of its $9 billion leveraged buyout by Apollo Management LP in April 2007, S&P said.
/28/08, 12:51 AM ET
Realogy’s outlook cut to negative; ratings affirmed – S&P
(Thomson Financial) – Standard & Poor’s Ratings Service said it has revised Realogy Corp’s outlook to negative from stable, citing a significantly lower expectation for EBITDA generation in 2008 than S&P had previously expected, and the resultant narrowing of the EBITDA cushion in the company’s senior secured credit facilities leverage covenant.
S&P affirmed the real estate franchisor’s ratings, including the ‘B’ corporate credit rating.
The rating reflects Realogy’s highly leveraged capital structure, thin expected EBITDA coverage of interest expense, and reduced cash flow generating ability due to the residential real estate downturn and the close of its $9 billion leveraged buyout by Apollo Management LP in April 2007, S&P said.
Wednesday, April 2, 2008
When It's time for a change
By now many of you may be aware of the change of the Homesale Services Group from Coldwell Banker to Prudential.
I can assure everyone that the Directors of Homesale did not take this action lightly. They had a long relationship with Coldwell Banker.
The question is who really left whom. Coldwell Banker had ceased to be a purely supportive franchisor of a brand name. It had first been purchased by NRT which also owned the ERA and Century 21 names and many others. NRT became Realogy. Realogy was purchased by Apollo Management LP. During this time under the NRT and subsequent names it was involved in setting up and purchasing its own "stores" to compete with its franchisees. In the Harrisburg market it purchased Jack Gaughen labeled it ERA and began competing directly with its own franchisees.
This led to the strange situation of franchisees such as Homesale Services Group paying fees to the parent of Coldwell Banker which were being used in part to fund direct competitors owned by the parent. The good news was Homesale Services continued to grow and take market share even from the "company stores."
Then Apollo bought Realogy. Just before the California market drop. They bought lots of assets in markets that were shrinking.
This led to thinner and thinner earnings to support franchisees. The Coldwell Banker piece of Realogy has laid off hundreds of employees. The national business press started to worry about the debt Apollo took on to finance their purchase of Realogy.
During all this, Homesale Services was trying to work out an extension of the franchise agreement. Lots of starts and stops. Unable to pin Realogy down to a long term commitment, Homesale Services had to start exploring its options.
Lots of study, and the answer is Prudential. No fighting company stores, they don't own any. Just a pure part of the Rock.
Name recognition, live support people, and some of the neatest cutting edge web tools. Everything Coldwell should have been and more.
I can assure everyone that the Directors of Homesale did not take this action lightly. They had a long relationship with Coldwell Banker.
The question is who really left whom. Coldwell Banker had ceased to be a purely supportive franchisor of a brand name. It had first been purchased by NRT which also owned the ERA and Century 21 names and many others. NRT became Realogy. Realogy was purchased by Apollo Management LP. During this time under the NRT and subsequent names it was involved in setting up and purchasing its own "stores" to compete with its franchisees. In the Harrisburg market it purchased Jack Gaughen labeled it ERA and began competing directly with its own franchisees.
This led to the strange situation of franchisees such as Homesale Services Group paying fees to the parent of Coldwell Banker which were being used in part to fund direct competitors owned by the parent. The good news was Homesale Services continued to grow and take market share even from the "company stores."
Then Apollo bought Realogy. Just before the California market drop. They bought lots of assets in markets that were shrinking.
This led to thinner and thinner earnings to support franchisees. The Coldwell Banker piece of Realogy has laid off hundreds of employees. The national business press started to worry about the debt Apollo took on to finance their purchase of Realogy.
During all this, Homesale Services was trying to work out an extension of the franchise agreement. Lots of starts and stops. Unable to pin Realogy down to a long term commitment, Homesale Services had to start exploring its options.
Lots of study, and the answer is Prudential. No fighting company stores, they don't own any. Just a pure part of the Rock.
Name recognition, live support people, and some of the neatest cutting edge web tools. Everything Coldwell should have been and more.
Monday, March 31, 2008
Spring Cleaning
Spring arrived March 20th and as most homeowners keep to the age-old Spring tradition of deep cleaning, this ritual is even more important as homeowners gear up for the Spring selling season. According to a recent poll, nearly 80% of Angie’s List members said they keep up with routine maintenance, either doing it themselves or by hiring help. The vast majority of these homeowners say their diligence helps them save money and avoid more costly repairs down the road.
“In today’s market, it’s imperative to have your home in the best shape and condition possible in order to get it sold and attract buyers,” says Cecilia Sherrard , a buyer, seller and relocation specialist for Realty One Real Living. “Starting from the curb, make sure your home is one you’d want to see inside.”
“Making a list of items to check around the home this season - and then actually following through with the tasks - can help reduce home maintenance and utility costs,” says Angie Hicks, founder of Angie’s List.
The 20% who don’t keep up say they just don’t know what to check and when, they forget about doing it or they just don’t have time for it. Angie’s List, a provider of ratings and reviews of local service companies, went to the experts to develop a list to help the veteran maintainers, as well as those still in the dark, keep up with the house this season.
Spring Cleaning
The first step to Spring cleaning is making a list of which areas of your home need to be freshened up.
- Experts recommend a professional carpet cleaning every 12 to 18 months. Schedule an appointment with carpet cleaners now to cut down on your wait time.- Check your gutters. Professionals recommend gutter cleaning in the spring and the fall. Clogged gutters can lead to water damage.- Use a garden hose to remove the film left by dirty snow and rain from your siding and deck. Attach a soft-bristled, long-handled car brush to the hose for some extra help. Use a mild cleanser to get those tough-to-clean spots.- Remove wet leaves and debris from your deck, front porch and around your house on a regular basis. Allowing the debris to accumulate can trap water, lead to staining or mold build-up, as well as create an ideal environment for termites.
Home Maintenance
Snow, ice and wind can wreak havoc on your home, so be sure to go over the structures in early spring. Finding damage early will increase your chances of getting an early repair, as many home improvement companies begin their busy seasons this time of year.
- Scrutinize your crawl space for water accumulation or excessive moisture, and keep an eye out for water damage on the sub-floor and joists beneath the kitchen, bathroom and laundry areas.- Give your roof a “once-over” for damage inflicted during the winter. Depending on the style and pitch of your roof, you may want to use a ladder and a pair of binoculars to look for missing or broken shingles and other damage. If you don’t feel comfortable on a ladder, call a professional before the busy season begins.- Check the weather stripping around doors and windows. The winter season may have caused some damage. Also remove any storm windows and replace with screens.- Check the valve where water enters your house, outdoor faucets and valves to toilets, bathroom and kitchen sinks. Turn each off and on several times to identify any leaks.
Outdoor Maintenance
By preparing for outdoor projects early, homeowners can get a jump on things like landscaping - but don’t forget about your driveway! Water that seeps into your driveway can freeze, causing cracks and other damage.
- Talk with your landscaper or local garden center about the best way to enrich your soil for the types of plants in your yard. Proper fertilization can keep your soil and your plants in great shape throughout the year.- If you’ve postponed tool care, now is a good time to get in the garage and take a closer look at your garden equipment. Does the mower need serviced? It’s a good idea to call now. Garden service companies will get busy in the next couple of months. Don’t forget to clean and sharpen other garden tools as well.- Spring is a good time to examine your asphalt driveway’s surface for damage. Regular resealing is the best way to protect the surface and keep it in good shape. If you’re planning to hire a professional to seal the driveway, summer is peak time of year - so call now to get on their schedule.
“Start with the entry door,” says Sherrard. “Paint or replace and take notice of missing screens or old storm doors. Add a new mailbox, lighting fixture, or address to add a new feel. Clean up the garage and landscaping.”
Appliance Maintenance
Regular maintenance on major home appliances can help to ensure their efficiency and lifespan.
- Get your air conditioner serviced. Technicians can test your air conditioner as long as the temperature is above 60 degrees. Call now to get on their schedule before the first warm days of spring.- Clean and lubricate hinges, rollers and tracks on garage doors with a light household oil - don’t use petroleum-based lubricants. You can call a professional to take care of this, as well as service the opener mechanism itself. Don’t attempt to service the opener mechanism yourself. Your garage door opener can be one of the most dangerous appliances around your house.- Get your water heater serviced. Maintained properly, water heaters will last for years and deliver gallon after gallon of hot water. Left alone, they’ll quickly lose efficiency, sucking dollars out of your wallet with every degree of heat.- Spring rains are just around the corner, so be sure your sump pump works properly. To test, fill the sump pit with water and go outside to make sure the pump is actually discharging water. You can also eliminate any build-up in the system by pouring white vinegar through the unit.
Home Projects
You may have already received your tax return. A recent poll found that 25% of Angie’s List members plan on using their tax checks to invest in home repairs. Some investments will have a better return than others, so choose your projects wisely.
“Clean out closets and cabinets providing as much empty space as possible,” says Sherrard. When preparing to sell, “Pack away all personal items including photos. The emptier your home, the larger it appears. Buy a new bed in a bag for your bedrooms. Dust everything including the basement.”
What’s more, says Sherrard, buyers look at mechanicals and corners.
“Freshen the home by airing it out thoroughly and sanitizing baseboards, woodwork, floors and lighting fixtures,” she says.
- The roof, furnace and water heater, won’t garner great returns, but are expected to be in good shape. Proper home maintenance saves you money on a daily basis and positions you well for a sale.- Kitchen and bath renovations are expensive but great investments if you are going to be in your house at least five more years. They’re also the rooms buyers pay the most attention to and can make or break your sale.- Turning attics and basements into livable space, or adding decks, can bring a better return than adding square footage, and the upfront costs aren’t nearly as exorbitant. Finishing touches matter, though. Wall-to-wall carpeting and drywall in a basement will bring a lot more than cheap paneling and a drop-in ceiling.“A clean home is desired as it reflects the owner’s level of activity when it comes to maintenance and keeping up with the property,” says Sherrard. A lot of these tips are cheap and some even free. When done properly, Sherrard reminds that “your home should now give you the feeling of checking into a hotel; decorated, yet depersonalized and clean!”
“In today’s market, it’s imperative to have your home in the best shape and condition possible in order to get it sold and attract buyers,” says Cecilia Sherrard , a buyer, seller and relocation specialist for Realty One Real Living. “Starting from the curb, make sure your home is one you’d want to see inside.”
“Making a list of items to check around the home this season - and then actually following through with the tasks - can help reduce home maintenance and utility costs,” says Angie Hicks, founder of Angie’s List.
The 20% who don’t keep up say they just don’t know what to check and when, they forget about doing it or they just don’t have time for it. Angie’s List, a provider of ratings and reviews of local service companies, went to the experts to develop a list to help the veteran maintainers, as well as those still in the dark, keep up with the house this season.
Spring Cleaning
The first step to Spring cleaning is making a list of which areas of your home need to be freshened up.
- Experts recommend a professional carpet cleaning every 12 to 18 months. Schedule an appointment with carpet cleaners now to cut down on your wait time.- Check your gutters. Professionals recommend gutter cleaning in the spring and the fall. Clogged gutters can lead to water damage.- Use a garden hose to remove the film left by dirty snow and rain from your siding and deck. Attach a soft-bristled, long-handled car brush to the hose for some extra help. Use a mild cleanser to get those tough-to-clean spots.- Remove wet leaves and debris from your deck, front porch and around your house on a regular basis. Allowing the debris to accumulate can trap water, lead to staining or mold build-up, as well as create an ideal environment for termites.
Home Maintenance
Snow, ice and wind can wreak havoc on your home, so be sure to go over the structures in early spring. Finding damage early will increase your chances of getting an early repair, as many home improvement companies begin their busy seasons this time of year.
- Scrutinize your crawl space for water accumulation or excessive moisture, and keep an eye out for water damage on the sub-floor and joists beneath the kitchen, bathroom and laundry areas.- Give your roof a “once-over” for damage inflicted during the winter. Depending on the style and pitch of your roof, you may want to use a ladder and a pair of binoculars to look for missing or broken shingles and other damage. If you don’t feel comfortable on a ladder, call a professional before the busy season begins.- Check the weather stripping around doors and windows. The winter season may have caused some damage. Also remove any storm windows and replace with screens.- Check the valve where water enters your house, outdoor faucets and valves to toilets, bathroom and kitchen sinks. Turn each off and on several times to identify any leaks.
Outdoor Maintenance
By preparing for outdoor projects early, homeowners can get a jump on things like landscaping - but don’t forget about your driveway! Water that seeps into your driveway can freeze, causing cracks and other damage.
- Talk with your landscaper or local garden center about the best way to enrich your soil for the types of plants in your yard. Proper fertilization can keep your soil and your plants in great shape throughout the year.- If you’ve postponed tool care, now is a good time to get in the garage and take a closer look at your garden equipment. Does the mower need serviced? It’s a good idea to call now. Garden service companies will get busy in the next couple of months. Don’t forget to clean and sharpen other garden tools as well.- Spring is a good time to examine your asphalt driveway’s surface for damage. Regular resealing is the best way to protect the surface and keep it in good shape. If you’re planning to hire a professional to seal the driveway, summer is peak time of year - so call now to get on their schedule.
“Start with the entry door,” says Sherrard. “Paint or replace and take notice of missing screens or old storm doors. Add a new mailbox, lighting fixture, or address to add a new feel. Clean up the garage and landscaping.”
Appliance Maintenance
Regular maintenance on major home appliances can help to ensure their efficiency and lifespan.
- Get your air conditioner serviced. Technicians can test your air conditioner as long as the temperature is above 60 degrees. Call now to get on their schedule before the first warm days of spring.- Clean and lubricate hinges, rollers and tracks on garage doors with a light household oil - don’t use petroleum-based lubricants. You can call a professional to take care of this, as well as service the opener mechanism itself. Don’t attempt to service the opener mechanism yourself. Your garage door opener can be one of the most dangerous appliances around your house.- Get your water heater serviced. Maintained properly, water heaters will last for years and deliver gallon after gallon of hot water. Left alone, they’ll quickly lose efficiency, sucking dollars out of your wallet with every degree of heat.- Spring rains are just around the corner, so be sure your sump pump works properly. To test, fill the sump pit with water and go outside to make sure the pump is actually discharging water. You can also eliminate any build-up in the system by pouring white vinegar through the unit.
Home Projects
You may have already received your tax return. A recent poll found that 25% of Angie’s List members plan on using their tax checks to invest in home repairs. Some investments will have a better return than others, so choose your projects wisely.
“Clean out closets and cabinets providing as much empty space as possible,” says Sherrard. When preparing to sell, “Pack away all personal items including photos. The emptier your home, the larger it appears. Buy a new bed in a bag for your bedrooms. Dust everything including the basement.”
What’s more, says Sherrard, buyers look at mechanicals and corners.
“Freshen the home by airing it out thoroughly and sanitizing baseboards, woodwork, floors and lighting fixtures,” she says.
- The roof, furnace and water heater, won’t garner great returns, but are expected to be in good shape. Proper home maintenance saves you money on a daily basis and positions you well for a sale.- Kitchen and bath renovations are expensive but great investments if you are going to be in your house at least five more years. They’re also the rooms buyers pay the most attention to and can make or break your sale.- Turning attics and basements into livable space, or adding decks, can bring a better return than adding square footage, and the upfront costs aren’t nearly as exorbitant. Finishing touches matter, though. Wall-to-wall carpeting and drywall in a basement will bring a lot more than cheap paneling and a drop-in ceiling.“A clean home is desired as it reflects the owner’s level of activity when it comes to maintenance and keeping up with the property,” says Sherrard. A lot of these tips are cheap and some even free. When done properly, Sherrard reminds that “your home should now give you the feeling of checking into a hotel; decorated, yet depersonalized and clean!”
Thanks for Honest Politicians
It is rare, but being here in the center of the Democratic presidential primary, I have to give credit to both candidates for their honesty in setting forth their energy programs.
They have both stated that their plan to reduce our dependence on foreign oil is simply to raise the price of gasoline and diesel fuel. It will probably work. Just imagine if Bush had put forth this same plan.
They have both stated that their plan to reduce our dependence on foreign oil is simply to raise the price of gasoline and diesel fuel. It will probably work. Just imagine if Bush had put forth this same plan.
Thursday, February 21, 2008
It's a Matter of Perspective
The news keeps talking about a mortgage induced housing crisis.
Some of us have been around long enough to remember a much tougher mortgage market. In the early 80's the street rate for a mortgage was 17%. That's right boys and girls, 17%.
Granted today if you have poor credit or poor income, you can't get a mortgage at 6 or 6.5%. But crisis - NO. How many people with good credit and good jobs couldn't qualify at 17%.
As the evidence mounts, it seems that today's crisis was caused by 2 things. People who bought homes assuming that the market value of their house could only go up even in the short term and lenders who made the same assumption. With a little dose of reality this "irrational exuberance" has come back to haunt.
Makes me glad to be in Central Pennsylvania where we didn't enjoy the "benefit" of flipping house contracts 3 times before the house was built but we're not seeing the get rich quick home pricing collapse either.
Some of us have been around long enough to remember a much tougher mortgage market. In the early 80's the street rate for a mortgage was 17%. That's right boys and girls, 17%.
Granted today if you have poor credit or poor income, you can't get a mortgage at 6 or 6.5%. But crisis - NO. How many people with good credit and good jobs couldn't qualify at 17%.
As the evidence mounts, it seems that today's crisis was caused by 2 things. People who bought homes assuming that the market value of their house could only go up even in the short term and lenders who made the same assumption. With a little dose of reality this "irrational exuberance" has come back to haunt.
Makes me glad to be in Central Pennsylvania where we didn't enjoy the "benefit" of flipping house contracts 3 times before the house was built but we're not seeing the get rich quick home pricing collapse either.
Tuesday, February 19, 2008
More Tax Relief From Gov. Rendell
Recently, while we wait for property tax relief, the Rendell administration put forth an additional tax of 7 dollars on everyone's homeowner's insurance. For flood prevention work.
Why not just call it an expenditure, from already bloated state budget.
Oh that's right we got tax relief from casino gambling. We did get the reduction? Right? The governor said he got us tax relief.
Can't imagine who the beneficiaries of this new program voted for.
Why not just call it an expenditure, from already bloated state budget.
Oh that's right we got tax relief from casino gambling. We did get the reduction? Right? The governor said he got us tax relief.
Can't imagine who the beneficiaries of this new program voted for.
Wednesday, February 13, 2008
Disturbing Mortgage Trend
From several sources reports of homeowners walking away from their mortgage obligations simply because the value of their home has gone down.
We're not talking about those who due to economic or other hardship can't pay, we're talking about borrowers just deciding not to pay.
We're not talking about those who due to economic or other hardship can't pay, we're talking about borrowers just deciding not to pay.
Monday, February 11, 2008
Home Buyers and Sellers Should Remeber Maintenance Costs
Consumers should remember that maintenance costs need to be considered when purchasing a home. All homes require constant care. General estimates indicate that every home will require between 1 percent and 3 percent of the home’s value in annual maintenance costs, and this figure does not necessarily include major or emergency repairs.
Prevention Saves Time and Money
The ongoing maintenance of a home is a significant contributor to holding or increasing its value. According to Kathleen Kuhn, president and CEO of HouseMaster, “Homeowners should plan a solid preventive maintenance schedule, so problems can be fixed before they become more costly and damaging. Quite often when we inspect homes, many of the damages we find would have been preventable with some routine monitoring and smaller repairs. But left unchecked, minor concerns grew into more significant defects.”
There are many other benefits for current and potential homeowners when they incorporate preventive maintenance into their annual planning. Preventive maintenance:
Avoids expensive emergency repairs: Contractor fees rise in proportion to the urgency and the hour of the service call.
Saves money and aggravation: Repairs planned for completion during off-peak times are less expensive and stressful.
Minimizes homeowner insurance premiums: Correcting deficiencies before they represent an insurance claim will keep premiums reasonable.
Eliminates costly consequential damage: When major home components, like a roof, fail, the damage to home interiors and furnishings can be substantial.
Homes in good condition sell at higher prices than neglected counterparts.
Create a Maintenance Checklist
Every house is different, but there are some common elements every homeowner can include on a regular maintenance list:
Check the grading and drainage around the foundation
Seal driveway and walkway cracks
Check fencing and gates
Check and trim trees near the house
Check for deteriorating/damaged siding
Check for loose, damaged, or missing roofing and flashings
Clean all gutters and leaders
Check weather-stripping and seals on all windows and doors
Insulate water lines that are subject to freezing
Check condition of the water heater
Check ventilation openings for nests, blockage
While this list is not comprehensive, it’s a good start to identifying some potential trouble spots in any home.
Do Your Own Research
In order to personalize your home maintenance checklist, it’s important to learn as much about your particular home’s operations. Many Web sites and newsletters contain valuable information and tips, and housemaster.com® contains a wide array of resources for homeowners, homebuyers, and home sellers such as a Home Defect Survey, A Preventive Maintenance Checklist, Common Home Concerns Overview, and Home Inspector selection guidelines.
Even if you are not comfortable making repairs on your own, simply learning more about spotting potential problems can help reduce the extent and cost of contractor repairs. Kuhn adds, “More and more homeowners are calling us to inspect the homes they currently own to help them identify potential problems and develop a plan of action for home maintenance. A home is a major investment. We tend to monitor our financial and investment portfolios quite closely, and it’s equally important to monitor the status of our homes.”
Remember, these tips are only general guidelines. Since each situation is different, contact a professional if you have questions about a specific issue. More home safety and maintenance information is available online at "http://www.housemaster.com"
This information is provided for general guidance purposes only. Neither HMA Franchise Systems, Inc. nor the local HouseMaster® franchise warrants its accuracy and assumes no liability related to its use. Contact the local franchise office and/or qualified specialists for advice pertinent to your specific house or circumstances.
© Copyright 2008 HMA. Each HouseMaster franchise is an independently owned and operated business. HouseMaster is a registered trademark of HMA Franchise Systems, Inc.
Prevention Saves Time and Money
The ongoing maintenance of a home is a significant contributor to holding or increasing its value. According to Kathleen Kuhn, president and CEO of HouseMaster, “Homeowners should plan a solid preventive maintenance schedule, so problems can be fixed before they become more costly and damaging. Quite often when we inspect homes, many of the damages we find would have been preventable with some routine monitoring and smaller repairs. But left unchecked, minor concerns grew into more significant defects.”
There are many other benefits for current and potential homeowners when they incorporate preventive maintenance into their annual planning. Preventive maintenance:
Avoids expensive emergency repairs: Contractor fees rise in proportion to the urgency and the hour of the service call.
Saves money and aggravation: Repairs planned for completion during off-peak times are less expensive and stressful.
Minimizes homeowner insurance premiums: Correcting deficiencies before they represent an insurance claim will keep premiums reasonable.
Eliminates costly consequential damage: When major home components, like a roof, fail, the damage to home interiors and furnishings can be substantial.
Homes in good condition sell at higher prices than neglected counterparts.
Create a Maintenance Checklist
Every house is different, but there are some common elements every homeowner can include on a regular maintenance list:
Check the grading and drainage around the foundation
Seal driveway and walkway cracks
Check fencing and gates
Check and trim trees near the house
Check for deteriorating/damaged siding
Check for loose, damaged, or missing roofing and flashings
Clean all gutters and leaders
Check weather-stripping and seals on all windows and doors
Insulate water lines that are subject to freezing
Check condition of the water heater
Check ventilation openings for nests, blockage
While this list is not comprehensive, it’s a good start to identifying some potential trouble spots in any home.
Do Your Own Research
In order to personalize your home maintenance checklist, it’s important to learn as much about your particular home’s operations. Many Web sites and newsletters contain valuable information and tips, and housemaster.com® contains a wide array of resources for homeowners, homebuyers, and home sellers such as a Home Defect Survey, A Preventive Maintenance Checklist, Common Home Concerns Overview, and Home Inspector selection guidelines.
Even if you are not comfortable making repairs on your own, simply learning more about spotting potential problems can help reduce the extent and cost of contractor repairs. Kuhn adds, “More and more homeowners are calling us to inspect the homes they currently own to help them identify potential problems and develop a plan of action for home maintenance. A home is a major investment. We tend to monitor our financial and investment portfolios quite closely, and it’s equally important to monitor the status of our homes.”
Remember, these tips are only general guidelines. Since each situation is different, contact a professional if you have questions about a specific issue. More home safety and maintenance information is available online at "http://www.housemaster.com"
This information is provided for general guidance purposes only. Neither HMA Franchise Systems, Inc. nor the local HouseMaster® franchise warrants its accuracy and assumes no liability related to its use. Contact the local franchise office and/or qualified specialists for advice pertinent to your specific house or circumstances.
© Copyright 2008 HMA. Each HouseMaster franchise is an independently owned and operated business. HouseMaster is a registered trademark of HMA Franchise Systems, Inc.
Chavez wants to up the stakes
He takes over the oil structure that Exxon created. He tries not to pay what they can agree to (which he calls negotiation).
So Exxon demands arbitration and freezes PDVSA assets in the free world pending the outcome. I wonder why they don't trust someone who said when he was elected that he was not a socialist and that Cuba was a dictatorship.
Now he says he'll cut off oil shipments to all of the U. S. Can't seem to get his head around the idea that Exxon is not the U. S. and the U. S. is not Exxon. We haven't followed his lead to declare that everything belongs to the government.
Now we will see how long he can actually survive without a major portion of his only revenue source since most of the refineries outside of Venezuela, capable of refining Venezuelan crude are in the U. S.
So Exxon demands arbitration and freezes PDVSA assets in the free world pending the outcome. I wonder why they don't trust someone who said when he was elected that he was not a socialist and that Cuba was a dictatorship.
Now he says he'll cut off oil shipments to all of the U. S. Can't seem to get his head around the idea that Exxon is not the U. S. and the U. S. is not Exxon. We haven't followed his lead to declare that everything belongs to the government.
Now we will see how long he can actually survive without a major portion of his only revenue source since most of the refineries outside of Venezuela, capable of refining Venezuelan crude are in the U. S.
Now We Wait for the Benefits
Now that the stimulus package has passed let's hope I was wrong and that we will actually see the benefits to offset this give away program that we have no way to pay for.
Thursday, February 7, 2008
While Congress dithers ....
Maybe Washington gridlock is a good thing?
While our representatives and senators try to see how many ornaments they can Christmas Tree on to a housing/economic recovery bill, the HOPE NOW Alliance has been able to help 2 out of 3 delinquent borrowers.
Let's all remember that no lender ever wants to have to foreclose. They don't want to own homes, they don't want to sell homes.
Once again the private sector is solving the problem while the politicians talk about the problem.
While our representatives and senators try to see how many ornaments they can Christmas Tree on to a housing/economic recovery bill, the HOPE NOW Alliance has been able to help 2 out of 3 delinquent borrowers.
Let's all remember that no lender ever wants to have to foreclose. They don't want to own homes, they don't want to sell homes.
Once again the private sector is solving the problem while the politicians talk about the problem.
Thanks to WHP Television
For once a local television outlet took the time and effort to ask local real estate experts about what is happening in the Harrisburg Real Estate Market, instead of just mirroring the gloom and doom sky is falling national media.
Of the top 100 default and foreclosure markets none are anywhere in Pennsylvania.
Again Kudos to channel 21
Of the top 100 default and foreclosure markets none are anywhere in Pennsylvania.
Again Kudos to channel 21
Let's Get Real About Economic Stimulus
As the Washington politicians run around trying to gain votes with an "economic stimulus" plan, some real reflection on what would stimulate the economy is needed.
The current idea is to just give everyone in the country some dollars to spend. This is great for that small portion of the economy that gains from the import of cheap imported goods. Great also for the Chinese economy and Chinese workers. Great also for those who agreed to pay for a mortgage they later decided they couldn't afford. Now they can celebrate living in a house for free for a year or so and shafting the pension funds and others who lent them the money.
Why not try to create jobs for American citizens by reducing what is the second highest tax rate in the developed world on the companies that could create real jobs?
The current idea is to just give everyone in the country some dollars to spend. This is great for that small portion of the economy that gains from the import of cheap imported goods. Great also for the Chinese economy and Chinese workers. Great also for those who agreed to pay for a mortgage they later decided they couldn't afford. Now they can celebrate living in a house for free for a year or so and shafting the pension funds and others who lent them the money.
Why not try to create jobs for American citizens by reducing what is the second highest tax rate in the developed world on the companies that could create real jobs?
Thursday, January 31, 2008
Pennsylvania Legislature Does It Again
Well they've done it again.
The latest effort to enact property tax reform has gone down to defeat.
Is anybody surprised?
This is a legislature that claims to have a full time job legislating which only takes neighboring state 90 to 120 days. No property tax reform, no tort reform(which even supposedly liberal California has), no real requirement for automobile liability insurance. No wonder they have to meet all year, they have a large pile to dig through.
Did anybody expect them to improve a system with more local jusridictions than any other state in the country?
The latest effort to enact property tax reform has gone down to defeat.
Is anybody surprised?
This is a legislature that claims to have a full time job legislating which only takes neighboring state 90 to 120 days. No property tax reform, no tort reform(which even supposedly liberal California has), no real requirement for automobile liability insurance. No wonder they have to meet all year, they have a large pile to dig through.
Did anybody expect them to improve a system with more local jusridictions than any other state in the country?
Tuesday, January 29, 2008
Making a Small Room Look Larger
Color:
– Light hues will open up the space, and painting the walls white will definitely maximize that effect.– Go monochromatic. If all white doesn’t work for your lifestyle, try painting the walls, trim and detailing in different shades of one color. Pick from off-white, beige, any pastel or neutral color.– Match the color of the furniture with the color of the walls. Stay away from contrasting colors, especially in big pieces such as the sofa.
Decoration:
– Medium-size furniture pieces work better than a big, prominent one. Avoid having many small pieces scattered all over the room, and arrange furniture at an angle to add visual interest to the place.– Track or recessed lighting works best for small spaces. Use a torchiere lamp to bounce light off the ceiling, and get rid of heavy drapery. Let the natural light come in as much as possible.– Mirrors are also a great way to make a room feel and look bigger. A big wall mirror right in front of a window will reflect light and color; so will a collection of smaller ones, distributed along one wall.
Organization:
– Any small space — even a tiny closet — will look bigger if it’s clutter-free. Get rid of little furniture dispersed all over, and move around pieces that block the view and walkway space.– Designers recommend getting pieces of furniture with open arms and legs, as well as small glass-top tables, so the light can filter through.– Make the most out of the space with multifunctional furniture. Invest in good quality pieces such as drop-leaf or removable-leaf tables and ottomans for storage and sitting purposes, among others
– Light hues will open up the space, and painting the walls white will definitely maximize that effect.– Go monochromatic. If all white doesn’t work for your lifestyle, try painting the walls, trim and detailing in different shades of one color. Pick from off-white, beige, any pastel or neutral color.– Match the color of the furniture with the color of the walls. Stay away from contrasting colors, especially in big pieces such as the sofa.
Decoration:
– Medium-size furniture pieces work better than a big, prominent one. Avoid having many small pieces scattered all over the room, and arrange furniture at an angle to add visual interest to the place.– Track or recessed lighting works best for small spaces. Use a torchiere lamp to bounce light off the ceiling, and get rid of heavy drapery. Let the natural light come in as much as possible.– Mirrors are also a great way to make a room feel and look bigger. A big wall mirror right in front of a window will reflect light and color; so will a collection of smaller ones, distributed along one wall.
Organization:
– Any small space — even a tiny closet — will look bigger if it’s clutter-free. Get rid of little furniture dispersed all over, and move around pieces that block the view and walkway space.– Designers recommend getting pieces of furniture with open arms and legs, as well as small glass-top tables, so the light can filter through.– Make the most out of the space with multifunctional furniture. Invest in good quality pieces such as drop-leaf or removable-leaf tables and ottomans for storage and sitting purposes, among others
Window of Opportunity Open
Mortgage rates down.
Home selection up.
Window of opportunity open.
With mortgage rates at historic lows and plenty of homes for sale, things can’t get much better for buyers. Plus, South Central PA is a wonderful place to live.
Locally, we have enjoyed relative stability in the market compared with many areas in the U.S.
Yes, this is truly a GREAT time to buy a home!
Please contact me to take advantage of the opportunities available in this market.
Home selection up.
Window of opportunity open.
With mortgage rates at historic lows and plenty of homes for sale, things can’t get much better for buyers. Plus, South Central PA is a wonderful place to live.
Locally, we have enjoyed relative stability in the market compared with many areas in the U.S.
Yes, this is truly a GREAT time to buy a home!
Please contact me to take advantage of the opportunities available in this market.
Monday, January 28, 2008
Finally Some Good National Housing News
Recent word from National Association of Realtors that the inventory of homes is down. This is sure to include some that will come back on the market but it is good news so let's hope the national media gives this as much exposure as their chicken little reporting of those who had no credit not being able to repay their loans.
Friday, January 11, 2008
Now You and I Get to Pay for the Dummies Again
So Hillary finally does it.
A bunch of consumers bought homes they couldn't afford.
Her solution is to penalize every union pension fund, retiree, and average investor who has actually invested in these loans.
Once again let's penalize those who make a contribution to the nation to bail out those who chose not to make a contribution.
What's next subsidizing fuel purchases for those who bought Hummers and Escalades?
A bunch of consumers bought homes they couldn't afford.
Her solution is to penalize every union pension fund, retiree, and average investor who has actually invested in these loans.
Once again let's penalize those who make a contribution to the nation to bail out those who chose not to make a contribution.
What's next subsidizing fuel purchases for those who bought Hummers and Escalades?
Thursday, January 10, 2008
New in Lower Paxton from $300,000
It's been a long while coming but as the market shakes out, their are now brand new 2000 square foot single family homes in Lower Paxton Twp. for $300,000.
Well respected local builder has taken over subdivision from regional builder who didn't succeed in Harrisburg.
Well respected local builder has taken over subdivision from regional builder who didn't succeed in Harrisburg.
A Wish For Pennsylvania - Auto Insurance
A simple wish that the Pennsylvania legislature will pass a requirement that car insurance be mandatory beyond just the day when you apply for your tags.
Currently once you get your tags, you can cancel your insurance and drive merrily on. Of course this means that anyone you hit is out of luck.
When I questionaed the legislature, I was told the insurance industry was opposed.
Currently once you get your tags, you can cancel your insurance and drive merrily on. Of course this means that anyone you hit is out of luck.
When I questionaed the legislature, I was told the insurance industry was opposed.
Wednesday, January 9, 2008
Now the race gets interesting
After New Hampshire
The Democrats have to decide if the want the same old "no, no,no" or at least a package that looks new. Of course they have to decide what is politically correct not voting for the woman or not voting for the black man.
And on the Republican side so far the religious right has one and the patriot who wants to reward border criminals has one.
Maybe the nest one will bring a candidate who believes that government doesn't need to spy on our boardrooms or bedrooms and that the laws we have should be enforced before we pass another pile.
The Democrats have to decide if the want the same old "no, no,no" or at least a package that looks new. Of course they have to decide what is politically correct not voting for the woman or not voting for the black man.
And on the Republican side so far the religious right has one and the patriot who wants to reward border criminals has one.
Maybe the nest one will bring a candidate who believes that government doesn't need to spy on our boardrooms or bedrooms and that the laws we have should be enforced before we pass another pile.
Monday, January 7, 2008
Harrisburg Bucks National Real Estate News
Average home sale prices in the Harrisburg area continured to go up in 2007.
According to Central Penn Multi-List, the average price was up 2.2 per cent from 2006.
Homes are taking longer to sell and there are more on the market, but there is no collapse here as the national media would have you believe.
According to Central Penn Multi-List, the average price was up 2.2 per cent from 2006.
Homes are taking longer to sell and there are more on the market, but there is no collapse here as the national media would have you believe.
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