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Posts Tagged ‘land’

Constructing an Outdoor Fireplace or Fire Pit in Your Backyard

January 5th, 2019 Comments off

The backyard is considered an extension of your home. It serves as a space for entertaining family and friends. An outdoor fireplace or fire pit creates an inviting gathering location for a relaxing evening. Many outdoor fireplaces can be included as part of a covered or screened porch, while fire pits work well for patios, swimming pools, or near a lake.

Planning is crucial to proper design of your new outdoor fireplace or fire pit. Ask yourself what you will be using the space for. Will you be entertaining friends and family or are you seeking a space to relax with your spouse?

Be sure that when designing your fire pit that you make it large enough so that all your guests can gather around without feeling cramped. Layout the area with the chairs to verify the size before you begin digging the footers.

If you are looking for a more intimate setting, try using over-sized outdoor couches and chairs that seat two. This type of setting is more fitting for an outdoor fireplace but works well with a fire pit as well.

Outdoor fireplaces are built much the same way indoor ones are, except the chimney does not need to be as tall. The chimney needs to be tall enough to provide a strong draw. If you are thinking of constructing an outdoor fireplace, especially in a covered or screened porch, it is probably best to hire a professional. If you do have some basic carpentry skills, there are kits available that can be assembled.

Fire pits can be above or below the ground depending on your needs and location. Fire pits have a fire rated brick veneer over concrete block with a poured concrete with reinforced steel footing and a fire rated brick floor. You can install a gas fuel line for igniting a fire and a plumbing drain line for easy cleanup as options if you choose.

You can always choose to purchase a portable fire pit made of metal. These should be placed on a non flammable area such as a brick paver or concrete patio and clear of any roof overhangs.

Closing Comments

No matter what you decide to do, installing an outdoor fire pit or fireplace will be a great addition to your backyard and will provide you and your family many enjoyable evenings.

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Transfer of Funds to Brazil for Property and Land Purchases

November 10th, 2017 Comments off

The Banco Central do Brasil is the Government body that oversees and regulates all international money transfers in and out of Brazil. The rules and legislation which must be followed with regard to international transfers are initially complex, but provide real security for investors and purchasers.

When sending funds to Brazil for the purchase of your property it is essential that the funds are sent directly from your own bank account to the sellers bank account.

Although technically you are sending directly to the sellers account, all international transfers are via the Banco Central do Brasil and the funds that you have sent will be held in a holding exchange account.

The seller must produce the sales contract that you have signed in order access the funds and exchange the money from the currency that you have sent to the Brazilian Real.

The exchange rate can only be confirmed when the seller produces the sales contract, and therefore your bank will not be able to quote a rate at the time you instruct the transfer.

This means that in many cases there will be a shortfall or overpayment due to the exchange rate, and is the reason that most well drafted Brazilian purchase contracts allow a margin of +/-10% with regard to the amount sent.

This transfer system provides several benefits to the international purchaser. Not only does it ensure the your funds are registered correctly, thereby proving your investment into Brazil. It also proves that the money was earned outside Brazil and is therefore not subject to Brazilian income tax. Likewise, when you come to sell and want to return your funds to your home country, the system allows for you to transfer back the original purchase amount free of tax. However capital gains may still be payable on any profit made from the propertys sale.

In general there are no limitations to returning your funds from Brazil provided they were originally registered with the ‘Banco Central do Brasil’ at the time of your investment.

There are other types of transfer to Brazil via companies such as Western Union and others. By Law, these transfers cannot exceed R$10,000 per wire transfer.

On balance, transferring funds to Brazil is a straightforward process as long as you follow the procedures and regulations laid down by the Banco Central do Brasil. As these measures provide a central registration of your transfer and since the vendor must provide a valid sales contract in order to release the funds, the system provides excellent security for any funds you send for your Brazilian property purchase.

Eduardo Collins is a land investment consultant to Urban Land Brazil, his article on transferring funds to Brazil gives key facts for investors transferring funds to Brazil. He recommends you to visit Urban Land Brazil for more detail about investment opportunities in Brazil.

Inspecting The Foundation Of A Home

November 3rd, 2017 Comments off

When you hire a home inspector to inspect a home you are buying one of the things he will be inspecting is the homes foundation. Here is an overview of what the inspector will be looking for.

Initially, the inspector will need to find out what type of foundation the home has. There are three different types of foundations – basement, crawl space, and concrete slab. The foundations are different and each are inspected differently.

When inspecting the basement, the inspector is limited in what can be inspected depending on if the basement has been finished. One of the main things the inspector is looking for is moisture intrusion from the ground. Evidence of moisture would be visible in the form of staining on the concrete or carpet and cupping or curling of the hardwood flooring.

There are other items the inspector will examine while in the basement. These items include any exposed wood framing, electrical components, plumbing pipes and fixtures, and any systems like the water heater or the heating and cooling system if present.

If there is at least 18 inches of headroom, the inspector will evaluate the crawl space. If for some reason, such as height restrictions, the inspector can not access all or part of the crawl space it will be noted in the inspection report.

The home inspector will be looking at several things while under the house. The main thing the inspector is trying to determine is if there is moisture present and is there any damage to the support system and floor structure. Some of the items the inspector will look at include: the piers, floor joists, outside sill plate, foundation wall, and any other items present like the plumbing, ductwork, and insulation.

If the home has a concrete slab the inspector will be limited in what can be inspected if the flooring has been installed. But there are still some signs that problems may exist. Much like the basement is staining visible on the concrete or carpeting or is the hardwood cupping or curling at the seams. On the outside, the inspector will look to see if the slab is cracked and is the ground graded away from the foundation.

In Closing

Homes are built based on the grade of the land. It is not uncommon for homes to have two and sometimes all 3 foundation types as part of the construction. When you hire your inspector, give them as much information as possible about the foundation.

Hubert Miles is the founder of Waterfront Houses USA, an online marketing service that provides Lake Real Estate in the US and Canada.

Ten Items You Should Repair Before Selling

October 19th, 2017 Comments off

Thinking of selling your home but don’t know if you should make repairs first? Of course so! Any repairs you make will only impress the buyer and will help you get most, if not all, of your asking price no matter what the market is doing. Here are a list of ten items every homeowner should repair.

1. Paint – A fresh coat of paint on the inside and out will do wonders for your home. Make sure that before you paint you make any repairs to the drywall or exterior wood. Take the opportunity the repair any damage before painting the home.

2. Floors – Clean the carpet or replace it if needed. Repair any problems with loose floor boards or replace any tiles that may be damaged. Polish or repair any scratches to the hardwood flooring.

3. Windows – Make sure all the windows are operational and have screens. If there is any broken glass have a local glass company replace it. If the windows will not open, the home inspector will write it up as a safety hazard.

4. Make sure all the appliances are clean and in working order. Make sure the dryer vent pipe extends to the exterior of the home and does not discharge into the crawl space.

5. Clean and remove clutter from the garage and basement. Throw out any unneeded magazines, old newspapers or sales papers, and move any boxes of seasonal decorations to a storage facility or shed.

6. Check the attic to make sure the vent stacks, roof vents, chimneys and flashing are not leaking. These areas are the most likely places that roof leaks happen. Repair the areas if any leaks are present.

7. Make sure the kitchen and bathroom fans are vented to the outside of the home. Exhaust fans should vent to the exterior and typically do so through the roof or the exterior wall.

8. Run the water and verify the sinks, pipes, and faucets are not leaking. Check to make sure are counter tops are secure and caulked at the wall.

9. Make sure none of the light bulbs are blown and that the rooms have plenty of light in them. Before buyers arrive, go around and open all the curtains and blinds to allow daylight into the room.

10. Be sure the fireplace is clean and the flue works properly. If you have a gas fireplace, have it on when the buyers are there to show them it is in working order.

Hubert Miles is the founder of Waterfront Houses USA, an online marketing service that provides Beach House in the US and Canada. Find Massachusetts Beach House.

Six Ways You Can Protect Yourself In Seller Financing Your Home For Sale

March 6th, 2014 Comments off

Are you considering selling your home with owner financing? Generally when you are offering owner financing as a means of purchase for your home, you can commend top dollar and a great interest rate. Here are six techniques you can use to lower your risk.

1. Collect a 10% cash down payment as part of the owner financing agreement.

2. Ask for other security. If you are comfortable with the buyer, but the buyer does not have the down payment requirement, ask for additional security like a car title that can be used for additional collateral.

3. Check the buyers credit. Don’t take the buyers word for it; get a copy of their credit report. Get the buyer to provide you with a copy of their credit report. They can get one on the internet from Equifax or one of the other major national providers.

4. Trust your instincts. It has been proven time and time again that your first impression is usually the correct one. If you have a funny feeling about the situation, it may be best to walk away and find another buyer.

5. Analyze the situation. Let’s say the buyer presents you with an offer. The bank has agreed to loan him 90% of the homes appraised value. The catch is the buyer only has 5% in cash. Are you going to let 95% of the homes value just walk away? Why not take a second mortgage back for the remaining 5% down to be paid over 5 years. Worst case scenario, you end up foreclosing on a home house that the buyer paid you 95% of the value for.

6. Talk to an attorney. Determine what the foreclosure period is in your state. Each state sets different periods for foreclosure through the courts. Knowing these things can help you sell in the safest way.

Providing seller financing allows you to get the most money possible for your home. Be smart about it and this can be a winning transaction for you and the buyer.

Waterfront Houses USA is a real estate listing service that provides Waterfront Homes and Waterfront Homes For Sale in the US and Canada.