Interest in solar energy is growing as more and more homeowners, as well as businesses, are taking long, serious looks at this alternative source of power. As with any new technology, however, there are potential problems. For example, the sun’s rays must reach the solar collectors in order to produce energy from either active or passive systems. If the sun were always directly overhead there would be no problem. It is not, of course, and this brings up the question of solar access — the availability of sunlight to reach a building’s solar collectors. Resolution of this problem often involves access across adjacent properties, which, in turn, involves a neighbor’s air space.
Please contact The Lynch Group OC Real Estate with any questions at 949-494-3600
Purchasing a home is a huge purchase, most likely the largest you will make during your lifetime. Avoid self-sabotaging and ensure your journey to home ownership goes smoothly every step of the way.
Here are three things you’ll want to avoid:
For Sale by Owner
Trying to sell your home by yourself is sheer madness. Your real estate agent will have your best interest in mind, gearing you in the right direction. This professional will guide you through the process including the piles of paperwork that can seem extremely overwhelming. Please contact GreenTree Properties and we will represent you all the way home.
New Lines of Credit
Your credit score can be a game changer. During contract you do not want to do anything that will impact your credit score. That includes buying a car, boat, or any other large purchase that has to be financed.
Along the same lines, your credit score needs to remain stable during the closing process. Opening new lines of credit can make your FICO score drop and send up a red flag to your lender. Avoid doing this at all costs!
Saying too much—and undercutting your negotiating power
Be careful what you say when you’re viewing a property at an open house or home showing. For instance, if the listing agent hears you say to your spouse, “I love this house, and it’s way under our budget,” the seller might try to play hardball when you try to negotiate on price. Keep private conversations private.
📲 Buying or selling a home?
Give your Winning Team, The Lynch Group a call at (949) 842-5340 or GET IN TOUCH WITH US ONLINE
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It just may be time to upgrade your home to a more energy efficient flow. As we head into 2017, you are in luck as it might just have become less expensive to do so.
For years California has seen an increase in energy efficient upgrades as homeowners have tied them to property tax bills. Fannie Mae’s has recently started a HomeStyle Energy program which is a mortgage option that will “allows borrowers to finance clean energy upgrades equal to up to 15 percent of the as-completed appraised value of the home” (Green Tech Media). Essentially, in turn for making energy upgrades to your home you will be able to lower your mortgage and save money on energy bills. What’s not to love?
There are a few important details to remember though. The upgrade to your home must be completed within 180 days after you have been issued a mortgage note. In addition, you must provide an energy report which indicates how much the borrower is saving monthly. If you’re willing to file all the paperwork and make your house energy efficient then you can expect to see your monthly costs drop dramatically!
What do you think of this program? Do you think it will encourage more people to make their homes energy efficient? Questions? Please contact The Lynch Group at (949) 842-5340.