RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Why Your Attic Could Be Draining Your Wallet

January 21, 2015 12:45 am

(BPT) - While homeowners may not immediately think of their attic as a major source of energy loss, the fact is, it is responsible for as much as 25 percent of the energy lost in the average American home. Air leakage, caused particularly by the attic, can place a strain on your wallet every month.

The good news is, the Environmental Protection Agency (EPA) says the attic is one of the easiest places within the home to address energy loss. There are several smart home renovation investments that homeowners can make to reduce excessive energy loss through the attic.

One of the most effective methods to eliminate air leakage (and live greener!) is insulating your attic with a high-performance solution. Traditional insulation is prone to sagging, which can leave gaps and absorb moisture, causing a significant loss of energy. Replace your home's insulation with a spray foam insulation to both insulate and air seal the entire attic space. According to insulation experts at Icynene, quality spray foam insulation can noticeably reduce heating and cooling costs – by up to 50 percent, in some cases!

And, a growing number of building professionals are recommending spray foam insulation as a valuable, cost-effective solution. Suitable for any climate, spray foam insulation helps retain conditioned air, allowing the heating and cooling equipment to work more efficiently rather than compensating for energy losses through the attic space.

Other solutions to energy loss are to have your home professionally caulked and sealed and to have whole house fans installed. These fans help by pulling air through the house and are particularly effective during warmer months.

You may also want to check if your home is outfitted with a polyolefin plastic house wrap, which is designed to minimize air leakage This type of wrap is commonly installed during the construction process as part of an integrated system.

Published with permission from RISMedia.


What Every First-Time Renter Should Do

January 21, 2015 12:45 am

There’s no question that renting presents a financial challenge for some millennials. If you’re considering making the leap to renting for the first time, weigh your options carefully by taking these steps. Preparing in advance will make you a happier renter – and lead to long-term savings.

Know your credit rating.
A landlord can and will consult your credit score before approving your lease. Before touring apartments, ensure your credit is good standing. Any discrepancies in your credit history can cost you your dream digs.

Have some money in the bank. If you’re serious about renting, save up at least three months worth of living expenses before moving in. Depending on your landlord’s policy, this will cover a security deposit or first and last’s month’s rent, as well as any unforeseen expenditures.

Shop within your budget. Stick to rentals that your budget can reasonably accommodate. Financial experts recommend spending no more than 30 percent of your monthly income on rent, but that’s not always a realistic number, especially in big cities. If you live in a high rent area, bump up your percentage to no more than 50 percent.

Factor in household items. Many first-time renters forget that everything in the apartment must be financed by their income, including small items such as toilet paper and garbage bags. Budget for household necessities, and while you’re at it, factor in renters insurance, too.

Stick to basic big ticket furniture. When you first start renting, avoid the temptation to furnish every square inch of your apartment. You only really need three things: a place to sleep, a place to sit and a place to eat. Other furnishings can come later, after you’ve established a workable monthly budget.

Learn to grocery shop. Instead of going out for meals or ordering takeout, spend some time in your local grocery store learning sales schedules. And get yourself a cookbook – preparing your meals on your own will save you hundreds in food costs each year.

Source: Bankrate

Published with permission from RISMedia.