Tuesday, November 27, 2012

Increased Home Inspections After Hurricane Sandy

Picture
There have been some aftershocks of Hurricane Sandy in the real estate market that have been noted in the aftermath of the storm. For example, homes that had already been inspected have been reinspected - just in case there were any fresh damages caused by the storm. A press release from the Business Journals site describes the situations:

"Many home sales as well as contracts that are in progress will be put on hold until homes can be inspected or re-inspected for damages caused by the hurricane.  If you're selling your home, don't be surprised if a buyer interested in your property wants a second inspection of your home.  And if your home is under contract, be aware that properties in areas impacted by the hurricane may require another appraisal by the mortgage lender. Estimates at property damage range from $60 billion to as much as $90 billion to date on homes in seven states."

Sunday, November 11, 2012

How to Winterize Your House: It's Not Too Late

According to CBS News, about 150,000 homes on Long Island, New York still do not have power. The storm was on the 29th of October. Today is November 11th. That's about two weeks without electricity. I'm quite certain that most of those 150, 000 homeowners who still have no power have considered every possible manner of winterizing their houses for maximum warmth. And, even if you have have no break in your electricity, it's never too late to winterize your home.

There are a number of websites that offer good advice on why and how to winterize various aspects of your house. Rather than reinvent the wheel, I've outlined what some of the top-rated articles have to offer and then added my additional two cents worth in the summary.