September 2011
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  • Archive for September, 2011

    New Drywall Remediation Guidelines

    In December 2009, the Federal Trade Commission (FTC) released a Consumer Alert warning homeowners and builders of potential health problems associated with drywall imported from China. The FTC had received complaints of everything from itchy eyes and a rotten egg smell to early or accelerated corrosion of metal components in homes containing imported drywall. A study of the drywall was conducted, and the results supported complaints received by the FTC. In response, the Consumer Product Safety Commission (CPSC) released recommendations for dealing with the drywall. Earlier this year, however, the CPSC released updated recommendations that could save homeowners and property managers some money.

    Drawing Out Boundaries

    Land surveyors are a jack of all trades. They are people that take information gained through education and experience then use it to define the characteristics of spaces involved in land ownership. These professionals have the tools available to give the history of land and its changes through history. This is important because of all of the factors that will change the land over time that records are kept and details recorded as they happen.

    The Different Categories of Real Estate Loans

    There are four categories of real estate loans available today; Refinance, Private, HDB, and Commercial Real Estate Loans.

    Refinancing your home loan can save you many thousands of dollars on interest costs over the life of your loan. A 2% savings over a 3 year period on a 1m property can easily save you $20,000. Refinancing options are available for both private home loans as well as HDB loans. The criteria for refinancing these two types of loans can vary considerably, so be sure to check with your lender or financing specialist to determine what their requirements for your particular situation are, and if refinancing is a feasible and desirable option for you.