January 5, 2009

Appliances: When to Repair - When to Replace

Appliances: When to Repair - When to Replace

The hot water is no more, or the furnace makes you pull out the blankets. Perhaps your washing machine just spun it's final load.

The question becomes, Fix it, or junk it?

If an electronic device cost less than $200, junk it without further thought. Repairing a relatively inexpensive item like a cordless phone or countertop microwave is not cost-effective.

The repair-or-replace question is directly tied to how much longer you can expect the product to last. You can get data on the life expectancy of all sorts of home components, from faucets to refrigerators, at the National Association of Home Builders website (nahb.org). Your results may vary, depending on the quality of your model and how religious you've been about routine maintenance.

In a few cases, there may be new bells and whistles that render your old appliance obsolete — or simply unwanted. For example, most professional advice will tell you it's never worth making major repairs to a top-loading clothes washer. In addition, clothes dryers haven't improved much in basic function over the years.

If you have any questions about whether to repair or replace an appliance or component in your home, do some research. Try posting your dilemma at Applianceguru.com, or post your question or comment here… someone may just answer you with the advice you need.

Filed under Home Improvements, Most Recent Post by Exclusive Buyers Realty, Inc.

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January 4, 2009

Real Estate Auctions: Be Careful

Real Estate Auctions: Be Careful

When you go to an auction and THINK you're bidding on a property, remember one VERY IMPORTANT thing: The highest bid doesn't necessarily mean you've won…Stacy Johnson explains in this video (runs 1:18)

Have you had a situation like this? Bid on a home or property at an auction and think you'd won the bid, only to find out later, you don't get the property? We'd love to hear your experience. Just use the comment link below and tell us about your auction experiences with real estate. Your email address will NEVER be published at this site.

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January 3, 2009

Mortgage Help: Talk is Cheap

Mortgage Help: Talk is Cheap

With foreclosures and bankruptcies soaring nationwide, both government and private industry have been promising help to homeowners. But is that help materializing? Money Editor Stacy Johnson explains in this short (1:39) video…

If you have questions about Hope Now, or other help that may be available to you, please leave us a comment below, we'll either answer your question here, or get back to you directly with an answer if your situation requires additional information before we can answer your question properly.

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January 2, 2009

Real Estate News - January 2009

Real Estate News - January 2009

Our January 2009 Newsletter is now up…

From the right Nav Menu, Find "PAGES AND NEWSLETTERS" and Select "December 2009 below "Our Monthly Newsletters".

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January 1, 2009

Happy New Year!

Happy New Year!

Thanks for visiting our blog and website in 2008… we look forward to helping you with all of your real estate and mortgage related questions in 2009!

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