Friday, March 27, 2020

Are you wanting to find a home in Mesa with 4 bed, 3 bath, 3 car garage, RV pool and workshop?

Take a tour of this Mesa Gem- 4 bed, 3 bath, 3 car garage, RV gate, pool and a workshop. This home is 2448 sq ft with the popular Athena floor plan, it has a comfortable floor plan with formal living/dining and an eat in kitchen, granite countertops & lots of cabinets, and pantry. Gas fireplace in the living room and split master suite. The master bathroom has double sinks, separate tub and shower, large walk in closet with plenty of storage. The laundry has a sink and more cabinets for storage. The other side of the home is appointed well, with a jack and jill bathroom adjacent to 2 bedrooms. You will be pleased with the 3rd full bathroom in the hall and the last bedroom that is being used as an office, now. We are just getting started- heading outside, the patio will always be shady, and the play pool is perfect for the Arizona summers, the shed/ workshop is HOA approved, and is perfect for the hobby of your choice-- In addition, newer paint outside and The RV gate is positioned to be very usable, and the 2 AC units were just replaced 2 years ago with seer 16 very efficient units. Hurry and make your appointment to see this one!  

Tuesday, February 25, 2020

Popcorn ceilings what are they & how to get rid them safely.

Popcorn is great for lots of stuff. You can enjoy a big bucket with family and friends while at the movies, string it on a thread to give Christmas that old-fashioned touch and even turn it into questionable “treats” for Halloween. One place that it’s a lot less welcome is on the ceiling.
Unfortunately, too many homes still have popcorn ceilings. They often create a lot more questions than they answer.

What Is a Popcorn Ceiling?

Back in the day, someone had a brilliant idea. What would happen if there was a cheaper alternative to meticulously applied plaster ceiling coating and decoration for homes? This person asked themselves. Well, that would be just lovely! In addition to it looking “different” it also has acoustic properties in a room.

And now that person wasn’t wrong in concept. It was a practice that turned out to really be the killer.
Popcorn ceilings, the solution to the problem, are still around, largely haunting homes built between the 1930s and 1990s. The ceiling texture that oddly resembles cottage cheese far more than it does popcorn, was popular for its ease of application and, at the time, low maintenance requirement.

Popcorn Ceilings: The Kicker

Even if you don’t object to the generally dated appearance of a popcorn ceiling (hey, maybe retro’s your thing, we’re not judging), think twice before going all in because that house you’re looking at has one that’s still intact.
So many popcorn ceilings contain some amount of friable asbestos that they are generally not a great idea to keep around. Even though popcorn ceiling mixtures containing asbestos were banned under the Clean Air Act in 1979, the remaining mixes that hadn’t been purchased were still allowed to be sold. In some areas, this means that new installations of potentially hazardous popcorn ceilings lingered well into the 1980s.
If the asbestos wasn’t enough, many popcorn ceilings have been painted since they were installed, or were installed using paint as part of the initial mix. Lead-based paint was the norm until it was banned in 1978. It’s kind of a double-whammy.

There are two kinds of asbestos: friable and non-friable. Friable asbestos is the most dangerous kind, since any amount of disturbance can result in particles floating around in the air and being inhaled. This is not good news. Risks of free-floating asbestos can range from lung scarring to mesothelioma, an insidious and heartbreaking form of cancer. This is the kind in popcorn ceilings.
While non-friable asbestos isn’t a picnic, it’s a lot safer because the asbestos is encapsulated within another material. For example, older homes often have siding made of cement fiber-board tiles. These often contain asbestos, but unless you’re cutting the tiles, it’s safely contained.

There are very specific laws about dealing with both types of asbestos, but those surrounding friable asbestos are as much about protecting humans around the material as the environment. In most areas, homeowners are legally allowed to remove popcorn ceilings from their own homes, but it’s still a really good idea to at least have a test for asbestos before you try it.

Before You Even Think About Scraping That Ceiling
There are few things easier than removing a popcorn ceiling. A scraper and a lot of time will do the job, but the hazard to someone who goes in blindly cannot be understated. So, before you even think about scraping that ceiling, take some samples. Carefully.
Send one to a lab for testing for asbestos. Send another for testing for lead based paint (or use a high-quality at-home test kit). Wait until you have results to move forward.
If you test positive for either or both, consider calling in a pro. They have all the right equipment to ensure that asbestos doesn’t get loose in your home, where you, your family and your pets will be at risk of exposure. If you DIY this one, do not skimp on ventilators and other filters to keep any friable asbestos contained.

This is Definitely One for a trained professional--

Usually, easy jobs are a slam dunk for DIY, but when it comes to one that can create such a significant risk to health and home, it’s really best to call on a home pro with the right kind of equipment to keep everyone safe.

Thinking about taking on this project in your home— Be safe and contact me and I can get you in touch with the right folks!

Wednesday, January 1, 2020

The history of interest rates have been up and down.

I am writing this as a "food for thought article" Please take it as that...

The history of interest rates have been up and down-- that is their nature. As the economy changes so does the interest rate. It is not a natural thing for either to be up for too long or down too long... it must change with the times. 

I think that has been forgotten. in the past 10 years or so-- as a healthy economy needs to grow so does the views about it.  When the stock exchange continues to see new records broke though month after month-- I question the validity. 

The American dream has always been (as long as I can remember) to own your own home- to be the person who reaps the benefits of ownership. To control one's life by knowing what your mortgage will be for a lifetime. God Bless America to allow that right of ownership- to allow each citizen the right to have a piece of the american dream.  

Below is a chart showing the past interest rate and some comments about what the nation was going through at the time... thanks to Chris Butterworth for the chart.

    We can see that, while the entire decade had extremely low interest rates, the rates started ticking upward in 2018 before falling again in 2019 (thank you, Fed.) We’ll have to see where rates go in the 2020’s, but it does seem like they would have to skyrocket before we could really consider them “high”. As an average of 6-8% is the average. 

A look back in time:

1970s - Real estate was relatively flat (as was every part of the economy), with rates averaging about 9% before spiking up to 18% in 1982.

1980s - Real estate was a go-go, with the market growing fast and furiously while rates trended downward but averaged about 12% for the decade.

1990s - Another big-time growth decade, with rates averaging about 8% on a somewhat downward trend. The decade started with a slight downturn in 1991, and ended with a stock market bubble amid Y2K concerns of a world-wide computer meltdown.

2000s - The biggest boom and bust in our country’s history, caused by greed throughout the system (from top-level bank executives all the way down to regular home buyers) and aided by “liar loans” and subprime lending. Rates dropped significantly over the 10-year span, but averaged about 6%.

2010s - Housing growth rebounded nicely, both in new construction and existing home sales. This was helped by rates hovering near 4% for most of the decade; the lowest interest rates in history.

Overall - we’ve had 50 years of exciting news, crises, boom and bust cycles, international concerns, technological breakthroughs, etc., but through it all real estate has continued to increase in value, making the cost of a loan negligible. 

My wish for us going into the next decade is to have that realization- to have that dream come true for more people... and I will fight hard to make it a reality!  So, if your dream is to own a home-- no matter what your credit rate, or your savings account-- I want to hear from you, so we can get you on the right path to home ownership!  Elaine Beery 480-570-1912