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Leverage is the fancy Wall Street word for debt. — Warren Buffett

Engineering

Oil and Natural Gas Wells-Ohio Residential Property Disclosure Form

Marcellus and Davonian Shale in Appalachian Basin

For new residents of Northeast Ohio, one of the lesser known facts about the region might be its association with its oil and natural gas wells. The State of Ohio has about 274,733 wells yielding 1.126 billion barrels of crude oil and more than 8.35 trillion cubic feet of natural gas. Research completed by Ohio Department of Natural Resources’s Divisions of

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Engineering

Backwater Valve

Lower basement drains may need a backwater valve to prevent basement flooding. Source: Unknown

Basement fixtures below red line may need backwater valve to prevent basement flooding-Source: City of Worcester

Click on the backwater valve graphics to enlarge them.

What is a Backwater Valve?

Backwater valves are installed to prevent or reduce the frequency of sanitary and storm water backing up on the mainline through the lateral and flooding a basement.  This

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Real Estate

How to neutralize home staging tricks

1. Home Staging Trick: Some home stagers may try to make small rooms look larger by renting small couches, tables and chairs.  Furniture from the kids’ section may be placed to highlight size.  Part of the furniture (for example side tables, coffee table), the television and large pictures may be removed from a small room to make it appear larger.

How to Neutralize this Home Staging Trick: Ask your real estate

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Real Estate

Sarah Susanka Defines a Beautiful House

Sarah Susanka Photo: Cheryl Muhr

In an article titled, Remodeling on a Not So Big Scale, published online at Washington Post website; architect, author and breast cancer survivor, Sarah Susanka notes that,

“We’re re-embracing a value from the 1950s and earlier where people weren’t constantly thinking of moving up.  In many ways, I hope this book will remind people that it’s okay to settle, to stay in a house and

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Event Review

Cleveland Foreclosure Auction

Cleveland Area Foreclosed Property Auction

Curiosity took me to a real estate auction for properties in foreclosure in Cleveland and Northeast Ohio.  It was held on November 8, 2008 at the Holiday Inn in Strongsville.  I had received an email from Joseph Kutina about this auction.  Joseph Kutina is with Reo Property Consultants in Strongsville, Ohio.

Each property that came up for bid was put up on the

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