Monthly Archives: May 2019

Control Moisture and Humidity in Your Home!

DHREA 22/05/2019
Living Room.

 

Excess moisture in your home can lead to damage and encourage harmful mold and mildew growth. Learn how to reduce moisture and prevent the problems it causes.

Indoor Moisture and Humidity

Moisture condenses into water droplets when warm, humid air contacts a cool surface. Activities such as cooking, bathing, clothes drying and dish washing add moisture to the air. Some heating appliances, such as unvented natural gas or kerosene models, also increase the moisture inside your home. During the winter, windows, walls and doors that lack proper insulation are common cool surfaces. Uninsulated cold-water pipes are examples of cool surfaces in the summer. Droplets can accumulate on these surfaces and run down into the walls, windows and structural components, causing rot and peeling paint, and providing a good environment for mold and mildew growth.

Controlling Indoor Moisture

Bathroom Exhaust Fan.

 

 

When you see moisture accumulating, dry it promptly and deal with the source of the problem. Two basic elements of controlling moisture buildup are minimizing cool surfaces and reducing humidity.

Storm doors and windows minimize cool surfaces in the winter by separating the interior from cold, outside air. Double- and triple-pane windows also insulate interior glass from the cold. In addition to reducing moisture, adding these improvements will make your home more energy-efficient year-round. Pay attention to window treatments as well. Opening drapes and blinds in the winter allows warmth to reach the interior glass. Some condensation may occur, but the improved circulation makes it less likely to accumulate. Insulating cold-water pipes eliminates a common cool surface in warm weather. Straight and angled sleeves let you fit insulation to your pipes — just slide on the sleeves and seal the slits and joints with duct tape.

Your heating and cooling systems can also help control moisture in the home. Gas and electric furnaces reduce humidity with dry heat. Air conditioning lowers the moisture level in the air as it cools. Keep registers open and unblocked to allow good air flow, and have the systems inspected and serviced regularly to make sure they are functioning properly.

Caulking and weatherstripping improve energy efficiency and prevent humid air from entering a home, but they also reduce the air exchange that allows moisture to move out of the house. Bathroom exhaust fans, dryer exhaust and ducted kitchen exhaust hoods that vent to the outside remove moisture that activities such as showering, bathing, clothes drying, dish washing and cooking create. Keep the devices free of dust, lint, grease or anything that could keep them from working efficiently.

Other simple ways to reduce air moisture include:

  • Covering pots while cooking, when possible
  • Leaving room doors open to allow good air circulation
  • Storing firewood outside
  • Covering aquariums

If high humidity is a problem you can’t overcome by other methods, remove moisture from the air with a dehumidifier. They’re effective in laundry rooms, basements, bathrooms and any room that isn’t air-conditioned or has poor air circulation. Look for ENERGY STAR® qualified models, which consume less energy than conventional dehumidifiers.

Good to Know

Humid air leads to condensation problems, but air that’s too dry can be uncomfortable or unhealthy and can lead to static shocks. Keep the relative humidity in your home between 30 and 50 percent. You can purchase a weather station that measures indoor humidity levels.

Other Moisture Considerations

Gable Power Vent.

 

 

Moisture in the home is not always as obvious as water beading on a window. Knowing other places it can accumulate can help you prevent problems.

Poor ventilation in an attic can result in condensation, promoting mold growth in the framing elements of the house. This can affect your home’s structural integrity. Keep eave vents clear of insulation and make sure you have adequate air flow.

A sealed, unused fireplace creates an opportunity for moisture problems. If air doesn’t circulate in the fireplace, condensation can accumulate on the walls and soak into the masonry. Make sure some air can flow through the fireplace, but rain cannot enter it.

If you have a crawlspace, moisture from the soil can enter your home, increasing the level of humidity. A vapor barrier over the bare soil blocks the moisture, keeping it out of your living space.

Rain that seeps into your home’s foundation can lead to moisture problems. Make sure your gutters work properly and direct water away from your home’s foundation.

Caution!

Some moisture problems require more complex solutions, and sources of moisture may be hidden. Consult a professional if you have serious condensation or mold problems or if you suspect you may not have adequate ventilation.

Network with over 650 Real Estate Investors! Join Alex Deacon’s Real Estate Networking Group on MeetUp.com, and be one of the first to receive updates on upcoming events!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
673 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

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Join Alex Deacon’s fast-growing Pittsburgh Landlord Group on MeetUp.com! Connect with other Landlords for monthly seminars with Q & A! Click below!

Pittsburgh Landlord Group

Carnegie, PA
145 Members

This is a great venue for Real estate investors, real estate agents and property managers to expand your knowledge and to help others in the field of being a landlord. We will…

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

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Alex Deacon’s Property Management Series (Podcast): Property Management & LLC Liability

DHREA 21/05/2019

In this episode of Alex Deacon’s Property Management Series, “The Deacon of Real Estate” discusses the importance of protecting your property management company with an LLC!

LLC’s ultimately protect you and your personal assets, and Alex delivers some of the more unusual situations he’s experienced as a property manager. Don’t miss this episode, where you’ll learn to be ready to protect yourself against absolutely anything!

Network with over 650 Real Estate Investors! Join Alex Deacon’s Real Estate Networking Group on MeetUp.com, and be one of the first to receive updates on upcoming events!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
675 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Join Alex Deacon’s fast-growing Pittsburgh Landlord Group on MeetUp.com! Connect with other Landlords for monthly seminars with Q & A! Click below!

Pittsburgh Landlord Group

Carnegie, PA
147 Members

This is a great venue for Real estate investors, real estate agents and property managers to expand your knowledge and to help others in the field of being a landlord. We will…

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

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Tara Mortgage Services Featured Blog: Mistakes to Avoid as a First-Time Homeowner

DHREA 15/05/2019
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(Each week we feature a blog from one of our fantastic affiliates, Tara Mortgage Services!)

Buying your first home is a thrill. Browsing homes online, daydreaming when driving through neighborhoods, and creating a Pinterest board to save remodeling ideas is great fun. But don’t let the excitement of buying your first home cause you to make silly mistakes.

Here are the most common and avoidable missteps for first-time homebuyers.

1. Falling in love with a home before applying for a home loan

Many first-time buyers start by looking for a home before applying for a mortgage. What happens if you actually find a home you want to buy? Without pre-approval, you have no way to make an offer on your dream home. Instead, start by applying for a home loan. That way you’ll know how much you can afford as well as have a letter of approval showing that you are a qualified buyer. 

2. Going over on your budget

A little bit here and there may not cause too much harm. But going over your homebuying budget can eventually cost you your home if you’re unable to make payments. In other words, just because you were approved for a $300k home loan may not mean that you can afford the monthly payment.

Instead, consider the required monthly payment as well as how much you qualify for. Make sure that you can comfortably make the monthly mortgage payment and avoid the temptation of buying more than you can afford.

3. Rushing to move

Buying a home in 2019 is much faster than it was two years ago thanks to digital convenience, but the actual process of moving still takes time. Rushing to move could cause cost you –and the last thing you want to do is charge up your credit card or tap into your savings to cover a rushed relocation.

Instead, plan well ahead of time to save up for your downpayment, extra for buying appliances and furniture, packing supplies, a moving company or truck rental, and other “surprise” expenses for moving.

4. Being casual with credit use

One of the first things we do when you apply for a home loan is pull your credit. However, many first time homebuyers don’t realize that it’ll get pulled out again just before closing to make sure that nothing has changed. If significant changes are found, then your approval status could also change!

Instead, attempt to keep your credit the same or, if possible, improve it. Try to keep existing balances down to about 30 percent of the credit limit and make your payments on time. You also want to avoid opening new credit cards and keep your credit rotating on the ones you currently have.

5. False believe a 20 percent down payment is necessary

You don’t NEED a 20 percent down payment to buy a home. You can buy a home with 0-3 percent down. The advantage of having a 20 percent down payment is that you can avoid the cost of private mortgage insurance (a requirement if you put less than 20 percent). However, many home loan programs allow for little down, so there is no need to spend years saving for a large downpayment.

Instead, consider an FHA loan. It requires only 3.5 percent down or sometimes even zero down. If you’re a veteran or qualify for a USDA loan, there are even more perks! VA loans are for active-duty and veteran military service members as well as for their spouses. They don’t require a down payment, but a funding fee is sometimes necessary. USDA loans are meant for moderate- to low-income borrowers that want to buy homes in rural areas. There are specific eligibility requirements and some qualify for zero down.

Network with over 650 Real Estate Investors! Join Alex Deacon’s Real Estate Networking Group on MeetUp.com, and be one of the first to receive updates on upcoming events!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
670 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Join Alex Deacon’s fast-growing Pittsburgh Landlord Group on MeetUp.com! Connect with other Landlords for monthly seminars with Q & A! Click below!

Pittsburgh Landlord Group

Carnegie, PA
144 Members

This is a great venue for Real estate investors, real estate agents and property managers to expand your knowledge and to help others in the field of being a landlord. We will…

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

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Realtor Nation Podcast (Ep16): Jesse Wig, Owner of Lifespace and Atlas Estates (and self-proclaimed “Bearded Bowtie Guy!”)

DHREA 08/05/2019

In this episode of The Realtor Nation Podcast, Ian Hoover sits down with Jesse Wig, Owner of Lifespace and Atlas Estates. Jesse’s big personality and positive mindset really set the tone for a fantastic conversation between two highly motivated and successful entrepreneurs.

Jesse also adopted the moniker of “Bearded Bowtie Guy”, and we can’t say we disagree. Jesse’s beard is a thing of beauty! In fact, Jesse filmed a TV pilot for HGTV in part of his amazingly positive personality and branding!

Ian and Jesse’s bold personalities make for a fun and must-listen episode! Listen below!

Network with over 650 Real Estate Investors! Join Alex Deacon’s Real Estate Networking Group on MeetUp.com, and be one of the first to receive updates on upcoming events!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
687 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Join Alex Deacon’s fast-growing Pittsburgh Landlord Group on MeetUp.com! Connect with other Landlords for monthly seminars with Q & A! Click below!

Pittsburgh Landlord Group

Carnegie, PA
157 Members

This is a great venue for Real estate investors, real estate agents and property managers to expand your knowledge and to help others in the field of being a landlord. We will…

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

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Tara Mortgage Services Tuesday Blog: Housing Market Cools Making it Sizzling Time to Buy

DHREA 07/05/2019
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(Each week we feature a blog from one of our fantastic affiliates, Tara Mortgage Services!)

If you’ve been on the fence about buying a home, we have some excellent news for you! Recent changes in the market have made it an ideal time to purchase a home. So what changes have occurred that make us so confident?

Bidding wars have gone down significantly, even in the most competitive areas! Read on to find out more and if you haven’t already applied for a home loan application, click on over to our homepage to get started today!

It’s Going to Be a Sizzling Summer for Home Shoppers

Since early this Spring, we’ve seen a downward trend in bidding wars. This drop was likely triggered mortgage rates that crept up higher starting late last year. Though mortgage rates are still on the low end of the spectrum when looking at trends over the past ten years, the slightly higher rates were enough to put investors on ice and make some homebuyers hesitant.

The result is a much less competitive housing market! There’s been an overall 61 percent drop in “bidding wars” across the country…and that’s not all.

This Spring, houses are staying on the market two days longer than they did during the winter months. This change may not seem like much, but we haven’t seen an increase like this since January of 2015!

With houses on the market longer than they have been in years past, housing supply is up, further contributing to a less competitive market. Even areas that are notorious for bidding wars, such as San Francisco and Boston, have seen a dramatic decrease in receiving multiple offers per home.

Hot Housing News Gets Even Hotter!

Rates have also gone down. So despite home prices remaining on the higher end, home shoppers can still get a great deal.

To Recap on Our Current Less Competitive Housing Market:

What this overall drop means that you have more options and negotiating power in buying the home you want, in the area you want, and at a monthly payment you can afford.

Just like the weather, home sales heat up during the summer. We recommend you apply NOW, lock in the rate, and start your home shopping before summer is in full swing. It’s easy to get started and can be completed online.

Yes! Applying for a home loan really is that simple. Contact Tara Mortgage Services today!

Network with over 650 Real Estate Investors! Join Alex Deacon’s Real Estate Networking Group on MeetUp.com, and be one of the first to receive updates on upcoming events!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
670 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Join Alex Deacon’s fast-growing Pittsburgh Landlord Group on MeetUp.com! Connect with other Landlords for monthly seminars with Q & A! Click below!

Pittsburgh Landlord Group

Carnegie, PA
141 Members

This is a great venue for Real estate investors, real estate agents and property managers to expand your knowledge and to help others in the field of being a landlord. We will…

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More
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