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Archive for April, 2009

Washington D.C. homeowners utilizing eco-friendly materials instead of Asbestos

April 15th, 2009, posted by Brandon

April is National Asbestos Awareness month.  From time to time we get questions about asbestos in houses and so we thought this article might be helpful to everyone.  Most home inspectors are trained to identify potential asbestos problems that may need further investigation.

Washington D.C. Homeowners Utilizing Eco-friendly Materials instead of Asbestos

In the Washington D.C. real estate industry, there are many things to consider when purchasing or remodeling a home. Located in the Northeastern part of the United States, the city is known for being the nation’s capitol, hosting the presidential White House and the U.S. congress. Aside from politics, Washington D.C. is known for being the largest metropolitan city in the country and its rich history.

Living in the 21st century, many cities are adapting to the new green paradigm, updating old homes and buildings to suit the needs of a healthier environment and home. Utilized in homes as a form of piping and insulation throughout the 20th century, asbestos manufacterers were aware of the corrosive effects of the substance, but continued manufacturing it anyways.  This obsolete building material can easily be replaced with green methods of insulation that can even reduce annual energy costs!

Potential Washington D.C. homeowners should know that homes built before 1980 have the chance of containing asbestos. This should not make you too worries because asbestos exposure can be prevented by taking easy and simple precautions.

If you believe asbestos is located in your home, sometimes the best action is no action at all. Experts will advise to leave it un-disturbed, as this can cause its fibers to be broken down and released into the air. If you are embarking on a remodeling project, a general contractor will usually be responsible for providing materials, equipment and labor for a remodeling project. Prior to the renovation, they should be aware if any hazardous materials are present.

Prolonged exposure to asbestos can sometimes lead to the development of mesothelioma, a rare but severe lung ailment. Mesothelioma causes are as a result of inhaling asbestos fibers that become ingested in the inner linings of your lung. Due to the fact many mesothelioma symptoms are similar to less serious ailments, Diagnosis of mesothelioma is one of the more difficult tasks physicians encounter.

If asbestos removal is necessary, it can be costly but the worth the price of obtaining a healthy and safe home. The removal of asbestos from homes, buildings and public facilities should be performed by a licensed abatement contractor, who is trained and licensed in handling hazardous materials.

Recently, President Barack Obama signed the American Recovery and Reinvestment Act into law. Included in this act were extensions to the tax incentives placed for energy efficiency in 2005, as well as new credits for homeowners who remodel or build using eco-sustainable methods. Some of the measures that are eligible for tax credits include added insulation to walls, ceilings, or other part of the building envelope that meets the 2009 IECC specifications, sealing cracks in the building shell and ducts to reduce heat loss. Storm doors paired with U-factored rated wood doors are also eligible.

As education and technology of green sustainable practices increase, the numbers will continue to rise. Alternatives to asbestos include cotton fiber, which can reduce energy consumption up to 25 percent, and cellulose. In the 21st century, there is no need to put yourselves and your families at risk at the hands of asbestos. These new alternatives will allow real estate men, women and potential homeowners to be free and clear of any health damaging substances.

Real estate market sees a bump…

April 14th, 2009, posted by Brandon

We all agree in my office the real estate market has seen a noticeable bump in activity and a slight bump in price in the last 45 days.  Perhaps it is spring, or perhaps it is low interest rates, but who cares – we’ll take it!  Not all segments of the market are moving unfortunately.  It seems the “hot” activity is concentrated in the lower price point of each market category.  There are multiple mini markets in every market and all the buyers are on the trail of only a handful of very well priced homes.  Buyers would be wise to make offers on homes – even if they don’t feel they are well priced – before the seller drops the price and the buyer has to then compete with three other buyers.

Multiple offers are common place for foreclosures and short sales throughout the area.  A recent client of ours bid on a short sale with twelve other buyers in Centreville, VA (we won) – and another had a similar experience in DC.

It is too soon to call the end of the real estate recession, yet I suspect we will soon look back and determine the lowest point in the DC Metro market was October and November of 2008.

Columbia Heights quarterly market report

April 13th, 2009, posted by Ken

Click below to see a my report of the real estate market in Columbia Heights.  I hope you find this information helpful.  Please don’t hesitate to contact me if you have any questions: ken@brandongreen.com

columbia-heights-1st-quarter-2009.pdf

Got a question about something?

April 8th, 2009, posted by Brandon

Feel free to send Brandon a text message using the tool below and he’ll get right back to you!

Get this Widget

Maybe you can relate?

April 6th, 2009, posted by Amber

Brandon Green was featured in the article “The Bank of Mom & Dad” on WashingtonPost.com.  Check it out!

ATTENTION FIRST TIME HOME BUYERS!

April 3rd, 2009, posted by Ken

Building wealth through real estate

April 2nd, 2009, posted by Amber

Join us for our next FREE class - Building Wealth Through Real Estate - It’s easier than you think! 

Please join us for an hour-long seminar on how to build a real estate portfolio to provide an ongoing stream of cash flow.  We will touch on market conditions, distressed properties, property management, tax benefits, the financing of investment properties, and building your real estate team.  Sign up now to guarantee a seat – this seminar is filling up fast!  Email amber@brandongreen.com if you’d like to reserve a seat.

 Where and When:
2410 17th St NW Suite 200
Washington, DC  20009
Wednesday, April 22nd
6:30PM

Existing home sales up nationwide

April 1st, 2009, posted by Amber

Check out the article our very own Veronica Seva was quoted in about real estate sales in the Washington DC area: Existing Home Sales Up Nationwide

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