Archive for March, 2007

Need Extra Space? Try Storage

Thursday, March 22nd, 2007

sung photo 

If lack of space for your belongings is an issue for you, off-site storage may be the right solution. You don’t have to be a pack rat to find yourself needing extra space. You could be renovating a room and need somewhere to house the contents. Perhaps you need to move into smaller quarters temporarily while you’re waiting to move into a new home. Or you may need to create a spacious look for your home while it is on the market.

Renting storage space is a pretty simple process, especially when you plan ahead. Here are helpful tips for choosing a facility and protecting your property:

Shop around to find the facility that best meets your needs such as storage size, price, accessibility and security. 

When shopping for a storage facility, you will need to know what size unit is required to hold your possessions. Typically you can choose a space from as small as 5’x5’, which is the size of a small closet and holds between 10-15 boxes, to 10’ x 25’, which is about the size of a single-car garage. The facility’s representative can help decide what is the best size for you.

You also want to make sure that your items will be secure. Ask questions such as: Is there a guard on duty? Video surveillance? Alarms?  Do you need to provide your own lock? Is the area well lit?

In addition, don’t assume that the facility, or your homeowner’s or renters insurance, covers your belongings in case of theft or damage. Most storage centers assume no responsibility for your items, so talk with your insurance provider.

You also want to have reasonable access to your belongings. Find out the facility’s hours of operation and the name of a contact person.

Before signing any agreement, inspect the facility and your storage unit for cleanliness and signs of proper maintenance. Is the area well protected from rain, snow or humidity?

Make certain that you understand the rental agreement and get a copy of the contract. Are you renting on a month-to-month or a six-month basis? Is there a deposit? Does termination of the agreement need to be in writing? How much advance notice do you have to give?

Before moving your possessions to the storage unit, take actions to protect them from damage or theft. While packing, label boxes on each side by numbers rather than content. Make a master inventory list so that you know what is in each box, as well as furniture and other unpacked items. Don’t use newspaper as packing paper because it may smudge off on your items.

Prepare your unit by placing plastic on the floor. If you will be moving in large furniture, lay down blankets or sheets as well. Then store your most valuable possession first, toward the back.  Store frequently used items at the front. Make sure that you leave a walkway so you can access your belongings. In addition, leave a small space between the objects and the storage unit’s walls.

No matter what the reason, using an off-site storage unit is a good solution for your short-term space challenge. Just make sure that you understand the terms of your agreement and that your belongings are secure.

Making Sense Out of Real Estate Lingo

Thursday, March 22nd, 2007

sung photo
As with all industries, real estate professionals have developed a lingo and acronyms to help them communicate with each other more easily. For the first-time homebuyer (and even some veterans), making sense of property listings can sometimes leave you feeling like you’re deciphering the DaVinci Code.

Let’s take a look at a sample real estate listing:

2,500 sf on a c-d-s, 2BR, 2.5BA, CA, spac grt rm w/ wbfp, grmet kit, det gar

Looks a lot like alphabet soup. However, using this type of abbreviated property description saves valuable advertising space. Some abbreviations you’ll probably encounters are:

·        AC or A/C: air conditioning

·        BA: bathroom

·        BR: bedroom

·        CA: central air

·        C-D-S: cul de sac

·        DET: detached

·        DK: deck

·        EIK: eat-in kitchen

·        F/FIN BSMT: finished basement

·        FDR: formal dining room

·        FP, frplc: fireplace

·        GAR: garage

·        GRMT KIT: gourmet kitchen

·        GRT RM: great room

·        HDW, HWF, Hdwd:  hardwood floors

·        HOA: home owners association

·        LR: living room

·        KIT: kitchen

·        OFC: office

·        PVT: private

·        SF: square feet

·        SPAC: spacious

·        VW, VU: view

·        WBFP: wood-burning fireplace

In addition to the abbreviations in property listings, here are a few other common terms you should become familiar with.

FSBO—For Sale By Owner.  This term refers to a property which the homeowner is trying to sell independent of a real estate professional.

MLS—Multiple Listing Service.  MLSs are comprised of a group of real estate brokers who have agreed to share their property listings. This listing is then provided to the group through a database or directory.  If you are buying your home, this is the service that your sales professional will use to search for potential homes for you to purchase. If you are selling your property, your real estate professional can list your home through the MLS. For-Sale-By-Owner (FSBO) properties are typically not listed through the MLS.

CMAComparative Marketing Analysis.  This analysis is an informal assessment of a property’s market value. This is one of the tools your real estate professional can use to help you determine a reasonable listing price. Usually, the CMA compares your property with similar properties that have sold in your area within a certain time frame. Besides purchase price, some of the information typically listed is the number of bedrooms and baths, approximate square footage, size of major rooms, amenities such as fireplaces and pools, age of the home, and property taxes.

During the real estate process, you’ll more than likely come across more acronyms and lingo. Make sure you ask your real estate professional to explain any terms you are unfamiliar with so that you are not in for any surprises.

By the way, the listing above was a 2,500 square-feet home on a cul-de-sac, with two bedrooms and two and a half baths, central air, a spacious great room with a wood-burning fireplace, and a gourmet kitchen and detached garage.

U-Haul Top 50 U.S. Destination Cities* January - December 2006

Saturday, March 24th, 2007

U-Haul Top 50 U.S. Destination Cities*
January - December 2006

1. LOS ANGELES, Calif.
2. HOUSTON, Texas
3. ATLANTA, Ga.
4. CHICAGO, Ill.
5. SACRAMENTO, Calif.
6. ORLANDO, Fla.
7. PHOENIX, Ariz.
8. DALLAS, Texas
9. BALTIMORE, Md.
10. TAMPA, Fla.
11. DENVER, Colo.
12. JACKSONVILLE, Fla.
13. DETROIT, Mich.
14. PHILADELPHIA, Pa.
15. LAS VEGAS, Nev. .
16. SEATTLE, Wash.
17. MIAMI, Fla.
18. SAN DIEGO, Calif.
19. PORTLAND, Ore.
20. SAN JOSE, Calif.
21. FALLS CHURCH, Va. .
22. FORT WORTH, Texas
23. AUSTIN, Texas
24. CHARLOTTE, N.C.
25. RICHMOND, Va.
26. WASHINGTON, D.C.
27. ANAHEIM, Calif.
28. KANSAS CITY, Mo.
29. SAN ANTONIO, Texas
30. NASHVILLE, Tenn.
31. COLUMBUS, Ohio
32. FORT LAUDERDALE, Fla.
33. INDIANAPOLIS, Ind.
34. NEW ORLEANS, La.
35. BOSTON, Mass.
36. SAN FRANCISCO, Calif.
37. PITTSBURGH, Pa.
38. RALEIGH, N.C.
39. BROOKLYN, N.Y.
40. OKLAHOMA CITY, Okla
41. MANHATTAN, N.Y.
42. CINCINNATI, Ohio
43. FAYETTEVILLE, Ark.
44. TUCSON, Ariz.
45. RIVERSIDE, Calif.
46. FREDERICKSBURG, Va
47. VAN NUYS, Calif.
48. MEMPHIS, Tenn.
49. NORFOLK, Va.
50. SAINT LOUIS, Mo.

source: http://www.primenewswire.com/newsroom/news.html?d=115501