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How To Use Color Psychology To Prepare Your Home For A Top-Dollar Sale During Cool Weather
You've decided to prepare your home for sale. Whether you sell by owner or hire a real estate agent, you want to get as much money as possible without spending your profits. The real estate market normally slows down and most homes take longer to...
Real Estate: Mark Twain's Case For Investing In The Bay Area & Other "Bubble" Markets
[Teaser/Summary]
Mark Twain took a long-term and somewhat philosophical look not only at life but real estate. Looking through Mark Twain's eyes, there's a strong case for continuing to invest in tight real estate markets such as Bay Area real...
Renting Out Your Basement
Some homeowners consider their basement a wasted space. It's used for storage, they say, and maybe during tornado watches, but for the most part, it can be a vast unused area just dying for some renovation. With property values on the rise, many...
Visions of Sugar Plums and Holiday Safety
Ho, Ho, Ho, Holiday greetings to you!
Every year at this time I can't help but notice the beautiful holiday lighting and adornment. It's great to see that even homes with a "For Sale" sign on the front lawn have been bedazzled with lights! But...
Where Are The Really Good Real Estate Investment Deals?
In writing my last article about the neighborhoods where I find the most profitable rehab real estate investment deals, something occurred to me.
In that article I described investing from what I've found is typical in doing this business. I...
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Buying A House – Checking Exterior Wood
You need to be very careful before committing to the purchase of a house. If the house has wood and brick on the exterior, you need to consider the following issues.
Wood Issues
Wood is a beautiful material, particularly when it is used on the exterior of a home. Compared to stucco and other materials, it is a wonder wood isn’t used more often. The reason, of course, is wood simply doesn’t hold up as well as man made materials. If you are looking at a home with a heavy emphasis on exterior wood siding, trim and so on, here are some things to watch out for when evaluating the opportunity.
1. The first thing to realize is the appearance of wood has almost no relevance to the condition. A perfectly good looking piece of wood trim may be infested with termites or rotting and you will never know by just glancing at it. When inspecting wood exteriors, never trust your eyes.
2. One of the biggest issues with wood is degradation. When looking at particular areas, make absolutely sure you physically touch the wood. In fact, you are probably best off giving it a fairly good poke with a finger. In doing so, you should be looking for soft areas. Soft areas are indicative of rot in one form or another. Finding rot in one area should make you very concerned about finding rot throughout the structure. Put another way, you may
want to start looking at other homes on your list.
3. Finding soft spots in wood can be troubling, but there is something worse. If you poke or squeeze a piece of wood and dust or bits fall off, run for the care. This type of degradation is often a sign of termite problems. Termite problems should be a huge red flag for any prospective home. If you buy the house, you are going to have to tent it to kill the bugs and pay to inspect and repair the damage done by the evil little bugs. In short, you are buying a minor, but expensive, nightmare.
Make no mistake, wood can be very attractive on the exterior of a home. Just make sure you don’t rely solely on a visual inspection of it when deciding on the merits of the house.
About the Author: Raynor James is with the FSBO site - http://www.fsboamerica.org - FSBO homes for sale by owner. Visit our home buying page - http://www.fsboamerica.org/buyer.cfm - to view and buy homes, houses, condos, land and real estate.
Source: www.isnare.com
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