1 Way of 24 Ways to Save Energy Now

#16 of the series

Select better bulbs – Your lighting bill represents 10% of your home’s total electricity used and you can save about $50 annually by getting rid of incandescent bulbs .  Energy Star qualified halogen bulbs last 3 times longer, and LEDs last 25 times longer.

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What is Illegal Flipping?

Flip (from the Dictionary of Real Estate Terms): purchase and immediate resale of property (within hours or days) at a quick profit.

Consider what often happens with illegal flipping.

A home is purchased by a group of illegal flippers. An appraiser is part of the group. Magically, the property gets a new appraisal on the basis of a suddenly higher valuation, and the property is sold to an innocent buyer.

The key to the process is the faked appraisal.

This is where a reputable appraiser comes in. We either are called upon by the lender to do a review of the appraisal or the buyer may hire an appraiser to find out all there is about the property. Some contractors buy and do quick updating and the property looks nice but is it permitted? Non-permitted work may affect future mortgages or home owners insurance. Contact the appraisers at www.socalappraisalserv.com to advise you on properties that you may be considering purchasing.

To read more about illegal flipping go to: http://www.appraisalscoop.com/

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Luxury Living in a Dumpster – All the Comfort of Home

Californian artist Gregory Kloehn has taken the idea of saving useable materials that normally end up in the bin to extremes: he aims to save the bins themselves.

He has installed all the basics of a comfy and functional home inside the ubiquitous American “dumpster”.

Read more about it at: http://smh.domain.com.au/real-estate-news/living-the-high-life-in-a-rubbish-bin-20110909-1k1hk.html

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