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| July 2010
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Volume
21 No. 7 |
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| Advice for first time home sellers Selling your home can seem daunting, but here are some tips to help you get you started.
1. Learn about the market in your area. Real estate markets are local,
so national or state level comments about the market being up or down are not
helpful. You need to know what is going on in your neighborhood. Do some research
and find out what similar homes have sold for in your area, the more recent the
information the better. Knowing the local market and sold prices for similar homes
is going to help you identify a realistic price range. Setting the sale price
appropriately from the start is going to make the difference between a house that
sells and one that lingers on the market.
2. Sparkle and Shine. Imagine going to a supermarket and seeing dusty fruit
or aisles filled with old shelving and cans. It doesn't happen because the grocery
store knows how to present its goods. Sellers must do the same. Get rid of things
you don't want to move, organize closets and storage areas, and clean everywhere.
3. Mechanics count. Buyers expect everything to work. Home inspections
are now entirely common and what buyers miss home inspectors will catch. Fix
and paint things now and they won't be an issue in the future.
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| Try a tankless water heater for energy efficiency Looking for another way to increase energy efficiency in your home?
Tankless water heaters, also called instantaneous or demand water heaters,
provide hot water only as it is needed. Traditional storage water heaters
produce standby energy losses that cost you money. We do not leave our homes
heated while vacationing. We only heat our homes when there is a demand for heat.
In the same way, a tankless water heater is used only when there is a demand for
hot water.
Tankless water heaters heat water directly without the use of a storage tank. Therefore,
they avoid the standby heat losses associated with storage water heaters. When a hot water
tap is turned on, cold water travels through a pipe into the unit. In an electric tankless
water heater an electric element heats the water. In a gas-fired tankless water heater a gas
burner heats the water. As a result, tankless water heaters deliver a constant supply of hot
water. You don't need to wait for a storage tank to fill up with enough hot water.
For homes that use 41 gallons or less of hot water daily, tankless water heaters can be
24% - 34% more energy efficient than conventional storage tank water heaters. They can be
8% - 14% more energy efficient for homes that use a lot of hot water, around 86 gallons
per day. You can achieve an even greater energy savings of 27% - 50% if you install a tankless
water heater at each hot water outlet.
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Equal Housing Opportunity
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