Month: March 2009

Buy Cheap Homes At A Tax Foreclosure Auction

A tax foreclosure auction is probably the best place where a person can buy a home at a very low cost, though this fact is not so readily known to the general public at large. The fact is that if you expend a little effort and enquire about a tax foreclosure auction you will soon realize that there are foreclosed homes being auctioned in almost every US city and everyone can bid to own a home without in the process being forced into paying an arm and a leg for their efforts.

Property Taxes

Every home in the US is taxed though not every American homeowner can or will pay their property taxes. And, failure to pay property taxes can lead to the government repossessing the property and then putting up the property for sale at a tax foreclosure auction. So, if you know where and when a tax foreclosure auction is being held you can place a bid and if your bid is the highest then you can own that property.

Of course, every state in the US has their own laws that restrict and regulate sales of properties in each state and so you must, before heading off to a tax foreclosure auction, learn about the relevant rules and regulations relevant for the state in which the auction is being held. There are of course certain states that require that full purchase price be paid on the date that the auction is being held while other states have other requirements and allow you to pay within a specific timeframe. So, know which rule is being enforced before making your bid.

You need to also take into account the fact that many properties being put up at a tax foreclosure auction may already have been redeemed by their owners prior to the date of the auction and so some properties will not be auctioned on the date of the auction sale. What s more, you need to also factor in that the property owner may have certain rights to redeem the property even after the tax foreclosure auction is held. This factor too should be kept in mind before placing your bid.

Each state has the right to set out a particular minimum price for a property being sold at a tax foreclosure auction and if this minimum price is not reached then the property may be re-auctioned at a later date.

A real estate foreclosure auction is another good option when it comes to buying properties at lower than their market values. Properties that have been foreclosed due to the owner not being able to pay for the mortgage are usually put up for sale at such auctions and this is when a person with enough acumen and money can buy a cheap home without much fuss or bother.

Everything You Need to Know About a Solar Home Heating

Everything You Need to Know About a Solar Home Heating System

Perhaps you are indefinite on the fact that you want to have a solar home heating system installed in your house, or you have maybe just begun to get interested in the idea, either way there are a few things that you are going to want to be aware of first. Remember that the more that you know about a solar hot water heating system before having it installed in your home, the better off you are going to be.

What it is

A solar home heating system is a system used to heat the home that runs purely off of solar power. This is readily available energy that is given off by the sun, and which offers homeowners and the world in general, quite a few benefits.

Before you can have a solar home heating system installed, there are a few questions you will need to answer. One is what size of solar system you are going to need and this will all depend on the amount of energy that you are going to require.

For a typical family of four, 4 square meters of collector and a total tank storage of 80 gallons are normal. Just be aware that these are only variables and may be different depending on the amount of water and heat that you use in your own home.

Build or Have Built?

Are you thinking of building your own solar home heating system or do you prefer the idea of having a professional company come in and get the job done for you? Most homeowners prefer the latter because then they know that they are going to get the best results and will not have to worry about spending money in case they mess up if they choose to build it themselves.

There are some great professional companies out there who specialize in the field of solar power and who will be more than willing to come in and get the work done for you.

Reliability and Durability

Although there are many different benefits that are offered by a solar home heating system, two of the most vital are reliability and durability. Properly designed and installed solar heating systems will last a lifetime, and with very little care and maintenance required at that. Normal maintenance consists of checking pipe insulation, roof penetrations and collector mounting, all of which are quite simple to do.