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Zac Bissonnette writes about real estate and remodeling hype:
The most common type of residential property, a single family dwelling, does not produce a positive cash flow. In areas of transient population, par employment conditions and moderate to low population growth projections, this is particularly true over the long term.
The intangible benefits of owning a home are significant. However home ownership equation should include job stability and security, employment opportunities for self and family members, hospitable weather, recreational opportunities, personal lifestyle factors and Plan B.
Don’t fix something that is not broken. Make do with what you have. Keeping up with the joneses ain’t smart despite the debatable notion that we live in a image based society, its not parallel with American values.
Folks should look into having a real estate attorney represent them in the most expensive purchase of their lives. Good real estate agents are hard to find, they are not as easy as finding a needle in a haystack!. Finding a good real estate agent that will represent the principal’s interests well is harder. I don’t think the current real estate system is designed to totally protect the consumers, in some cases, it does just the opposite. Consumers have to be responsible.
Traffic Signal WarrantsTraffic Signal in City of SolonThe April 16th, 2009 hard copy issue of The Solon Times (Volume 32, Number 32) published an article titled Finally, city sheds light on ‘funneling‘ by Sue Reid. The article reported that City of Solon is in the process of potentially considering and approving installation of traffic signals at SOM Center Road/Lisa Lane intersection and SOM Center Road/Blue Heron Drive intersection at a cost of approximately $170,000. SOM Center Road is a four lane arterial street through City of Solon and City of Twinsburg. SOM Center Road narrows to two lanes in City of Twinsburg. South bound traffic: The decrease in the number of lanes (from 4 to 2) of SOM Center Road necessitates merging of traffic and this merging is referred to as the funneling effect, I think. North bound traffic: North bound traffic on SOM Center Road, from City of Twinsburg towards City of Solon encounters the increase in lanes (from 2 to 4). These wider and additional lanes provide an incentive to the motorists to speed above the posted speed limit of 35 mph. Traffic experiences delays when making turns from local side streets, Lisa Lane and Blue Heron Drive, to arterial SOM Center Road. Click on the aerial picture to enlarge it. Check out the proximity between Lisa Lane/SOM Center Road intersection and Blue Heron Drive/SOM Center Road intersection near the city limit. Some City of Solon residents in Oakview Estates subdivision and Summerset subdivision on the south side of City of Solon understandably felt unsafe, at certain times, while making turns onto SOM Center Road. A couple of important lessons for urban planners and traffic engineers here, I think. Location Location LocationIf you are home buyer, one additional consideration should be safe entrance into and exit through the subdivision. A signalized exit and entrance provides for the safest traffic conditions. I reckon Summerset subdivision and Oakview Estates subdivision residents in City of Solon should be mighty pleased with this, not sure what traffic on SOM Center Road would think about it. Do you need a real estate agent?Summerset subdivision in Solon has one of the best designed homes that I have ever seen. This Solon real estate property owned by a self described fussy owner. I was impressed with the design but what impressed me about the owners of this home was that they were not using a realtor to sell this home. “We want to be producers, to be an overall good to the community and to the nation and not be dependent upon the nation for our livelihood or for the federal or state governments to give us our livelihood,” – David Kline, an Amish minister from Mount Hope, Ohio. Source: Money or tradition: Indiana Amish face uneasy dilemma by Tom Coyne, Associated Press Writer, May 10, 2009 City of Solon’s Earth Day celebration at the Solon Community Park was a home run. Folks were lining up for mulch and the paper shredder. Perfect weather, free food, bad day for Debbie Downer. The picture is that of City of Solon’s sewer camera truck, I think. I think the City of Solon has allocated significant resources and has made significant progress in mitigating stormwater flooding and sewer backup issues since the June 2006 flood. If you are considering buying a home in an area that is prone to basement flooding, it may be worth it to find out if the property has an existing backwater valve or needs a backwater valve. The better backwater valves are not inexpensive. One would think that real estate agents would be obligated under their fiduciary responsibility to give potential home buyers hints about significant and publicized events like the major flood events. Further, some homeowners insurance policy may require that the property must have a backwater valve to be covered against flooding due to sewer backups. Related Post: Backwater Valve |
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