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Water, Water Everywhere on the Waterfront
Waterfront living is among the most desirable of locations in our area (Florida). The views and vistas are fantastic, not to mention the ability to walk out one's door to drop a line to fish or untie a line to enjoy boating. However, all this joy is not without some special concerns. The most common fear heard from waterfront homebuyers is their concern that the river may rise and roll into their home. While it is not an impossible scenario, it is truly rare. More often than not, the water that posses the greatest risk to the waterfront home is not from the river, but rather from the water flowing overland toward the river. Always remember that the river is the place that all water flows to. How a particular home is oriented to or obstructs the flow of water moving toward the river determines how dry the house remains. And for many homes in is not just how dry it is in the home, but also under the home. The majority of water that affects the home is the surface water flowing toward the river. The volume of water can be in the thousands of gallons per hour during a heavy shower. If the grade of the lot is not proper, this can mean thousands of gallons of water in or under the home. So, when looking at waterfront property, enjoy the view over the water, but be sure to look inland to be sure that your experience with water front living won't be with water in the living room! But what should you do after you've experienced a flooded home? There is hope! Your home and its contents may look damaged beyond repair, but many items can be restored. There is a high probability that by acting quickly, your flooded home can be cleaned up, dried out, rebuilt, and reoccupied sooner than you think. After your home has been flooded, play it safe. Always seek professional help. And while in the midst of cleaning and repairing, consider your preparation for the future. The American Red Cross and the Federal Emergency Management Agency (FEMA) suggests the following steps if your home has been flooded:
For more information on repairing your home after a flood, please visit www.redcross.org. Many people highly prize waterfront living, and find it a deeply fulfilling experience. Knowing what to look for when choosing waterfront property will make your life on the water easier and more rewarding. Choose and plan wisely - it's about knowing! Wally Conway is President of Florida HomePro Inspections, and has been featured regularly on HGTV's "House Detective". Wally has recently written a book entitled "Secrets of the Happy Home Inspector", available at GoHomePro.com or Amazon.com. As a speaker, writer, instructor, and host of The Happy Home Inspector radio show every Saturday at 3 PM on WOKV 690, Wally blends the right amount of up-to-date information with just the right amount of humor, insight, motivation, and real-world application. Visit WallyConway.com for more information!
MORE RESOURCES: The talk show host pays $12 million for the 4,088-square-foot house with four bedrooms and four bathrooms. The ocean-view home sits on 1.26 bluff-top acres with beach access. In one of the more talked-about transactions in town, actors Brad Pitt and Angelina Jolie have sold their Malibu beach house to daytime host and comedian Ellen De Generes for $12 million. The four-bedroom, five-bathroom house built in 1920 for industrialist James Wigmore lists for $2,875,000. A decorative cast stone entrance opens to this restored Spanish Colonial Revival-style house in Pasadena's South Orange Grove area. Built in 1920 for industrialist James Wigmore, the house retains such original details as coffered wood ceilings and arched doorways. They don't believe they can sell their property for what it's worth, so they're spending money on making their homes more comfortable. Do you fit any of these descriptions? A biennial research report by the National Assn. of Realtors indicates that a handful of real estate agents and brokers and their clients either don't know the law or don't care to follow it. When it comes to lawsuits, real estate agents and brokers tangle mostly among themselves. The president aims to help about 3.5 million people with good credit who are unable to refinance at historically low rates because their homes are worth less than their mortgages. Â The White House hopes to help millions of homeowners lower their monthly mortgage bill with a $5 billion to $10 billion plan to set up a streamlined refinancing program for people who are current on their payments.
The Standard & Poor's/Case-Shiller index of 20 large U.S. cities fell 1.3% in November from October as foreclosures continue to drag down the housing market. Three straight months of home-price declines in the biggest U.S. cities showed that foreclosures remain a significant drag on a housing market that is entering its fifth year of deterioration. L.A. Clipper Chris Paul may be quick down the court, but he moves pretty fast when it comes to buying multimillion-dollar real estate too.
Karen Mena managed to get a foreclosure on her San Bernardino home rescinded. But she continues to negotiate with Bank of America over loan terms and could still lose the house. Foreclosure commonly represents the end of a struggle. A borrower can't pay a mortgage, loses a home and moves on. A.F. Leicht designed quirky Spanish Revival houses in Los Angeles as well as evangelist Aimee Semple McPherson's landmark Angelus Temple. His interiors often had irregular-shaped or curved walls, rooms or hallways. This Los Feliz villa, with rounded rooms, fancifully shaped living room French doors and elliptical master bathroom, captures his signature style.
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