Posts

Showing posts from August, 2014

Which Filter to Use?

Image
A dirty air filter decreases the effectiveness of your HVAC system because it inhibits airflow and allows dirt, dust, pollen and other materials to blow through the system.The challenge is how often it should be changed to keep the system working efficiently and extend the equipment life. Too often and you’re wasting money and not often enough and your increasing the operating and maintenance costs. Fiberglass panel filters are inexpensive and easy to find but they’re not very efficient and they allow most dust to pass through. They were popular years ago but there are much better products available currently. Pleated air filters are available in MERV ratings from 5 to 12. As these filters collect dirt and other particles, they become less efficient to the point of impacting air flow. Allergy sufferers can benefit from this type of filter. These should be changed every two to three months based on local conditions. HEPA filters stand for High Efficiency Particulate Arrestance. …

How's Your Memory?

Image
How old is your bedroom furniture and what did you pay for it?  Don’t know?  That’s okay, let’s try an easier question.  When did you buy the TV in your family room and is it a plasma, LCD or a LED?Whether you are the victim of a burglary, a fire or a tornado, most people are comforted they have insurance to cover the losses.  However, unless you’ve filed a claim, you may not be familiar with the procedures. The adjustor will want to know the date and how the loss occurred.  Assuming you have contents coverage, the claim for personal belongings is separate from damage to the home. You’ll be asked to provide proof of purchase, like receipts or cancelled checks, or a current inventory.  If they’re not available, you can reconstruct an inventory from memory.  The challenge is trying to remember things you may not have used for years and may not miss for years more. Relying on memory can be a very expensive alternative.  A prudent homeowner will create a home inventory with pictur…

Reverse Mortgage

Image
With all of the encouragement from celebrity spokespersons like Fred Thompson, Robert Wagner and Henry Winkler, there is a growing awareness of reverse mortgages.  The fact is that our population is getting older and more than 25 million homeowners meet the age requirement. A reverse mortgage will allow homeowners age 62 or older currently living in their home to tap into their equity. The amount available is determined by the borrower’s age, the home’s current value and current interest rates.  The loan proceeds can be received in a single, lump-sum or periodic payments.  The closing costs can be paid in cash or rolled into the loan amount.  There are no payments on a reverse mortgage but the homeowner is still responsible for property taxes, insurance, maintenance and other home costs.  When the borrower dies, moves or fails to fulfill the terms of the loan, the lender is paid from the sale of the home.  The borrower or their estate is not responsible for more than the pr…

HURRICANES ISELLE AND JULIO REACH HAWAII

Aloha All- FYI, the latest info from Mayor Caldwell and Honolulu City and County Officials:


ALL City and State offices/services will be closed tomorrow, 8/8, and Saturday, 8/9 or until the National Weather Service gives the all clear (previously reported that DMV and Satellite City Halls would be open).Included in the above, you MUST remove all bulky trash items and trash bins from the street and return them to your property for safety reasons.10 emergency evacuation shelters, 5 of which do NOT accept pets, under any circumstance. This is due to shortages of Humane Society volunteer help. You WILL be asked to leave your pets outside should you show up at shelters that cannot accept pets.Iselle is scheduled to hit OAHU at 6am Friday morning and last through 4pm Friday.SUSTAINED WINDS of 45-60 mph are expected to last between 10am and 2pm Friday.Julio is expected to hit OAHU 4pm Saturday.City is urging folks to close, latch and BOARD all windows; old suggestion of keeping windows open h…

How Was It Measured?

Image
In an attempt to compare homes, one of the common denominators has been price per square foot.  It seems like a fairly, straight forward method but there are differences in the way homes are measured.The first assumption that has to be made is that the comparable homes are similar in size, location, condition and amenities.  Obviously, a variance in any of these things affects the price per square foot which will not give you a fair comparison. The second critical area is that the square footage is correct.  The three most common sources for the square footage are from the builder or original plans, an appraisal or the tax assessor.  The problem is that none of sources are infallible and errors can always be made. Still another issue that causes confusion is what is included in measuring square footage.  It is commonly accepted to measure the outside of the dwelling but then, do you include porches and patios?  Do you give any value for the garage, storage or other areas that a…