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	<title>JimmyBooth.com weblog</title>
	<link>http://www.jimmybooth.com/weblog</link>
	<description>Just another WordPress weblog</description>
	<pubDate>Thu, 06 May 2010 03:26:17 +0000</pubDate>
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			<item>
		<title>TIME FOR SOME RESPECT</title>
		<link>http://www.jimmybooth.com/weblog/?p=120</link>
		<comments>http://www.jimmybooth.com/weblog/?p=120#comments</comments>
		<pubDate>Thu, 06 May 2010 03:19:05 +0000</pubDate>
		<dc:creator>jimmy</dc:creator>
		
	<category>Housing</category>
	<category>Green building</category>
	<category>Home Performance</category>
		<guid isPermaLink="false">http://www.jimmybooth.com/weblog/?p=120</guid>
		<description><![CDATA[By Carl Seville, GBA Advisor

I had a discussion several months ago with a designer I know regarding energy efficiency in a project she is working on. She recently took the initiative to become a licensed residential contractor and is now managing entire projects. I applaud her for making this transition and for working hard to [...]]]></description>
			<content:encoded><![CDATA[<div id="body_text"><em>By Carl Seville, GBA Advisor</em></div>
<div id="body_text"><img width="106" height="96" align="right" id="image118" alt="carl_seville_250.jpg" src="http://www.jimmybooth.com/weblog/wp-content/uploads/2009/11/carl_seville_250.thumbnail.jpg" /><br />
I had a discussion several months ago with a designer I know regarding energy efficiency in a project she is working on. She recently took the initiative to become a licensed residential contractor and is now managing entire projects. I applaud her for making this transition and for working hard to maintain her professionalism in an industry where there are a lot of fly-by-night operators. The homeowner is interested in making the house more efficient, and our conversations focused on those aspects of the project. I offered my services as a consultant to evaluate the house and make a set of recommendations for improvements to consider.Well, I ran into her recently and asked about the project, which is just underway. She asked me about coming in to do blower door and duct blaster tests when the project is finished, to see how it turned out. Since I donâ€™t find running test equipment that much fun, and I believe that my particular talents are better applied earlier in the job, I declined the invitation. During this discussion, it occurred to me that here was a residential designer with little, if any, training or experience in building performance making decisions on insulation, air sealing, HVAC systems, and other critical details. Any wrong choices in products or installation methods on this project would very likely create long-term problems that could be avoided with proper advice up front.</div>
<div id="body_text" />
<div id="body_text" />
<div id="body_text" />
<div id="body_text" />
<div align="center" id="body_text"><strong>Expertise worth paying for goes both ways</strong></div>
<div id="body_text" />
<div id="body_text">This designer is very professional, places a value on her expertise, and expects to be paid for it. She is very experienced in kitchens, baths, and interiors, and, in fact, I hired her to assist in the new house I was attempting to build. I trusted that she has the proper knowledge in her area of expertise and engaged her to take advantage of her abilities. It appears that she was not as respectful of my expertise, and assumed that she could make appropriate building performance decisions by herself, with assistance from the insulation, HVAC, and other trade contractors on the project, then bring me in to confirm her decisions after the fact.In my curmudgeonly style, I pointed out to her that if she thought that she was qualified to make those decisions, what would keep me from thinking I am qualified to design a kitchen or bath, without any training or experience? If she didnâ€™t use qualified professionals for their expertise, why should she expect anyone to use hers? This seemed to get her attention, and I expect that I may be hearing from her soon about some consulting work.</div>
<div align="center" id="body_text"><strong>The implications of insanity</strong></div>
<div id="body_text">What occurred to me through this interaction was that there is a general attitude in the marketplace that residential construction isnâ€™t very difficult, and pretty much anyone can do anything. Homeowners build and renovate their own homes. Trade contractors make decisions about products and methods without consideration of their impact on the entire project. Mechanical systems are installed without taking into account the overall building performance. This behavior perpetuates inferior buildings, and must change. Einsteinâ€™s definition of insanity is doing the same thing over and over again and expecting a different result. Unless we change the way we build and renovate, we are insane and will continue to get the same result: poorly performing buildings.</div>
<div id="body_text">
<div align="center">***</div>
</div>
<div id="body_text"><em>(Carl Seville, owner of Seville Consulting in the Metro Atlanta area, is a green builder, educator, and consultant on sustainability to the residential construction industry. After a 25-year career in the remodeling industry, he has dedicated himself to advancing residential green building and remodeling by consulting with, speaking to, writing for, and training industry professionals, and by certifying homes under the LEED, EarthCraft, NAHB, and Energy Star programs. Seville, a green remodeling consultant from Decatur, is among a group of 15 green building industry experts serving as advisors for www.GreenBuildingAdvisor.com, a new residential green building website launched by BuildingGreen, LLC. For more information about Seville, see www.sevilleconsulting.com.)</em></div>
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		<title>HOW MANY GREEN BUILDING PRINCIPLES ARE THERE?</title>
		<link>http://www.jimmybooth.com/weblog/?p=119</link>
		<comments>http://www.jimmybooth.com/weblog/?p=119#comments</comments>
		<pubDate>Mon, 16 Nov 2009 00:14:37 +0000</pubDate>
		<dc:creator>jimmy</dc:creator>
		
	<category>Housing</category>
	<category>Green building</category>
		<guid isPermaLink="false">http://www.jimmybooth.com/weblog/?p=119</guid>
		<description><![CDATA[By Carl Seville, GBA Advisor
(This column originally appeared at www.greenbuildingadvisor.com as an entry of Carl Seville&#8217;s blog, Green Building Curmudgeon. The link to this particular item is http://www.greenbuildingadvisor.com/blogs/dept/green-building-curmudgeon/how-many-green-building-principles-are-there.)
Some say there are five key green building concepts, others say four, six, seven, eight, or even nine. When will we reach a consensus?
Lately I have been struggling [...]]]></description>
			<content:encoded><![CDATA[<p><em>By Carl Seville, GBA Advisor</em></p>
<p>(This column originally appeared at www.greenbuildingadvisor.com as an entry o<img width="106" height="96" align="right" alt="carl_seville_250.jpg" id="image118" src="http://www.jimmybooth.com/weblog/wp-content/uploads/2009/11/carl_seville_250.thumbnail.jpg" />f Carl Seville&#8217;s blog, Green Building Curmudgeon. The link to this particular item is http://www.greenbuildingadvisor.com/blogs/dept/green-building-curmudgeon/how-many-green-building-principles-are-there.)</p>
<p>Some say there are five key green building concepts, others say four, six, seven, eight, or even nine. When will we reach a consensus?</p>
<p>Lately I have been struggling with identifying the core concepts of green building and remodeling. For years I was comfortable with a list of four items: energy efficiency, durability, indoor environmental quality, and resource efficiency. Then I got an earful from my little unibrowed buddy, Michael Anschel, who pinpoints five core concepts: energy efficiency, water efficiency, resource efficiency, indoor environmental quality, and site and community impact. We had a spirited discussion about it, recorded for posterity, where I convinced him that he needed to include durability, based on my argument that too many professionals still have a long way to go toward making buildings durable.</p>
<p>Then Martin Holladay comes up with his &#8220;Green Homes Donâ€™t Need to Be Durable&#8221; blog post, which he wonâ€™t let go of. Now I am really starting to question my own sanity and that of everyone else in the green building industry.<br />
<strong><br />
Let&#8217;s Try to Come Up with a Number</strong></p>
<p>After a quick review of green building programs that I am familiar with, LEED for Homes has seven sections; the National Green Building Standard has six; Minnesota Green Star has five; and EarthCraft House has nine. Okay, now I am totally confused.</p>
<p>On top of this, I am currently working on a green building textbook with Abe Kruger, and we have come up with eight principles: energy efficiency, resource efficiency, durability, water efficiency, indoor environmental quality, community impact, homeowner education and maintenance, and sustainable site development. I realize that in the end, everyone is heading in the same direction via slightly different routes. Demand is rising, both in the industry and among consumers, for a single green standard that everyone can follow. While I can see that happening eventually, I expect that it will take a long time for all the existing programs to distill themselves down to a single, consistent standard. In the meantime, we will have to work with what we have.</p>
<div align="center">***</div>
<p><em>(Carl Seville, owner of Seville Consulting in the Metro Atlanta area, is a green builder, educator, and consultant on sustainability to the residential construction industry. After a 25-year career in the remodeling industry, he has dedicated himself to advancing residential green building and remodeling by consulting with, speaking to, writing for, and training industry professionals, and by certifying homes under the LEED, EarthCraft, NAHB, and Energy Star programs. Seville, a green remodeling consultant from Decatur, is among a group of 15 green building industry experts serving as advisors for www.GreenBuildingAdvisor.com, a new residential green building website launched by BuildingGreen, LLC. For more information about Seville, see www.sevilleconsulting.com.)</em>
</p>
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		<item>
		<title>VANISHING FLOORS</title>
		<link>http://www.jimmybooth.com/weblog/?p=113</link>
		<comments>http://www.jimmybooth.com/weblog/?p=113#comments</comments>
		<pubDate>Sun, 14 Dec 2008 02:53:14 +0000</pubDate>
		<dc:creator>jimmy</dc:creator>
		
	<category>Financial</category>
	<category>Home Improvement</category>
	<category>Hardwood floors</category>
		<guid isPermaLink="false">http://www.jimmybooth.com/weblog/?p=113</guid>
		<description><![CDATA[By Michael Purser
How many times can a wood floor be sanded? There seems to be universal agreement that the magic number is three and that could spell problems for any house built before the 1950s. After the original sanding when the house was built, many homes got their second sanding during the &#8217;70s and &#8217;80s [...]]]></description>
			<content:encoded><![CDATA[<p><em>By Michael Purser</em><br />
<img height="96" align="left" width="66" alt="Michael P2 copy.jpg" id="image117" src="http://www.jimmybooth.com/weblog/wp-content/uploads/2008/12/Michael%20P2%20copy.thumbnail.jpg" />How many times can a wood floor be sanded? There seems to be universal agreement that the magic number is three and that could spell problems for any house built before the 1950s. After the original sanding when the house was built, many homes got their second sanding during the &#8217;70s and &#8217;80s when wall to wall carpet fell out of favor with homeowners. This means that any more sanding from that point on can be the final one with few options to consider. For the last 35 years, most of my work has been on old floors and I think I can provide you some insight.<a id="more-113"></a><span id="mce_editor_0_parent" /></p>
<p><strong>What do you look for?</strong></p>
<div align="left">These tw<img height="84" align="left" width="128" id="image114" alt="purser1.jpg" src="http://www.jimmybooth.com/weblog/wp-content/uploads/2008/12/purser1.thumbnail.jpg" />o pictures help explain some warning signs. Most floors are tongue and groove and fit together like a puzzle and are secured to the subfloor with hidden nails. After repeated sanding, you will begin to see the nail heads as in the photo at left. The shiny objects above t<img height="84" align="right" width="128" id="image115" alt="purser2.jpg" src="http://www.jimmybooth.com/weblog/wp-content/uploads/2008/12/purser2.thumbnail.jpg" />he pencil are nail heads. Continued loss of wood will eventually lead to splitting as in the photo at right. Needless to say, this is what I call a high risk floor.</div>
<p><strong><br />
What are your alternatives?</strong></p>
<p>An excellent option to avoid sanding wood floors refinished within the last 25-30 years is recoating. Recoating is basically a cosmetic procedure that involves a thorough cleaning and prep before applying finish to the surface. As long as the floor has never been waxed with paste or acrylic waxes, it should be a candidate. Many contractors offer a &#8220;screen and recoat&#8221; as an option but this has a higher risk than using safe and environmentally responsible cleaners to prep the floor prior to applying new finish. I recommend this approach along with two applications of waterborne polyurethane for the best results.</p>
<p>If sanding is the only option on an old floor, homeowners better check out their flooring contractor carefully. You want to make sure the contractor has extensive experience working on older, at risk floors. Turning a crew loose in an old house that is accustomed to sanding new wood floors can be an expensive and heartbreaking lesson. Experienced flooring contractors avoid excessively coarse sanding, which removes more wood than old finish, and often have secondary sanders for the fine sanding. They understand the risk of removing too much wood and know how to avoid this costly mistake. This approach will usually require more time, patience and is more costly. But compared to replacing a ruined floor, it is a bargain.</p>
<p>As any real estate agent will tell you, a wood floor is a very valuable asset to an old home. You want to enjoy it and benefit from its enhancing the beauty and value of your home. Treat it like the investment that it is and you avoid a lot of problems.</p>
<div align="center">***</div>
<p><em>(Michael Purser is owner of the Rosebud Co. and has been a wood flooring contractor in the older neighborhoods of Atlanta since 1973. For more information about Rosebud Co., visit www.rosebudfloors.com.) </em>
</p>
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		<title>GREEN OR WRONG</title>
		<link>http://www.jimmybooth.com/weblog/?p=109</link>
		<comments>http://www.jimmybooth.com/weblog/?p=109#comments</comments>
		<pubDate>Sun, 16 Nov 2008 03:07:53 +0000</pubDate>
		<dc:creator>jimmy</dc:creator>
		
	<category>Financial</category>
	<category>Green building</category>
	<category>Innovations</category>
		<guid isPermaLink="false">http://www.jimmybooth.com/weblog/?p=109</guid>
		<description><![CDATA[By Carl Seville
Build it green or build it wrong.

Yep, I said it. Green is right. If you donâ€™t build green, you are doing at least some of your work wrong. Not all of it, but certainly some of it. If you are building everything the right way, then you are probably building green, or very [...]]]></description>
			<content:encoded><![CDATA[<p><em>By Carl Seville</em><br />
Build it green or build it wrong.</p>
<div align="left"><img height="96" align="left" width="54" id="image108" alt="Carl.jpg" src="http://www.jimmybooth.com/weblog/wp-content/uploads/2008/11/Carl.thumbnail.jpg" /></div>
<p>Yep, I said it. Green is right. If you donâ€™t build green, you are doing at least some of your work wrong. Not all of it, but certainly some of it. If you are building everything the right way, then you are probably building green, or very close. I am totally over the nay-sayers who donâ€™t believe that you can seal a crawlspace or build a house very tight.</p>
<p>I gave a presentation on Green Building last year in Michigan and there were two old-school builders who consistently argued with me, insisting that they could never do the things I was suggesting &#8212; all of which were fairly standard high performance building techniques. During this exchange, another builder stood up and asked the group if their business was slow. Almost the entire room raised their hands, agreeing that business was off. The builder said that he built green, did most of the things I was talking about, and he had a one year backlog of work. After hearing that, the two old codgers left the room and let me get back to my presentation. Unfortunately for them, they could not deal with the idea of so much change and had to move to the denial stage.<a id="more-109"></a></p>
<p>My sincere hope is that they are the minority in the industry. Practicing building professionals need to make the transition to green building sooner rather than later. If they don&#8217;t, they need consider getting out of the business. Maybe look at selling used cars.</p>
<p align="center">***</p>
<p align="left"><em /></p>
<p><em> </em></p>
<div align="left"><em><em><em><em>(</em></em>Carl Seville of Seville Consulting is an educator, writer, and consultant on sustainability, and inveterate crank to the residential construction industry. He is the recipient of numerous industry awards including four NAHB Green Building Awards, five Excellence in Design Awards from Environmental Design and Construction magazine, the Southface Energy Institute Award of Excellence, and the 2006 EarthCraft House Leadership award. His primary joy in life is complaining about things from the sidelines<em><em>. Carl can be contacted by email at carl@sevilleconsulting, and the website address for Seville Consulting is www.sevilleconsulting.com. The above column appeared originally on Carl&#8217;s internet blog located at </em></em><cite>www.greenbuildingcurmudgeon.com.</cite><em><em>)</em></em></em></em></div>
<p><em> </em></p>
<p align="left"><em>Â </em></p>
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		<title>UNDERSTANDING HOW TO NAVIGATE THE FORECLOSURE PROCESS AVOIDS COSTLY MISTAKES</title>
		<link>http://www.jimmybooth.com/weblog/?p=106</link>
		<comments>http://www.jimmybooth.com/weblog/?p=106#comments</comments>
		<pubDate>Thu, 03 Jul 2008 01:44:41 +0000</pubDate>
		<dc:creator>jimmy</dc:creator>
		
	<category>Financial</category>
	<category>Real Estate</category>
	<category>Foreclosures</category>
		<guid isPermaLink="false">http://www.jimmybooth.com/weblog/?p=106</guid>
		<description><![CDATA[By Rick Schlosser
Foreclosure rates are approaching an all-time high and as a result, the market appears to be dominated by foreclosed or bank-owned property. Conventional wisdom seems to be that buyers can purchase a foreclosed property from a bank for a substantial discount, in some cases as much as 40 percent of the original asking [...]]]></description>
			<content:encoded><![CDATA[<p><em>By Rick Schlosser</em></p>
<p>Fore<img height="96" align="left" width="58" alt="r_schlosser2.jpg" id="image107" src="http://www.jimmybooth.com/weblog/wp-content/uploads/2008/07/r_schlosser2.thumbnail.jpg" />closure rates are approaching an all-time high and as a result, the market appears to be dominated by foreclosed or bank-owned property. Conventional wisdom seems to be that buyers can purchase a foreclosed property from a bank for a substantial discount, in some cases as much as 40 percent of the original asking price. Then logically, it seems to follow that the smart buyers who made this great deal with the bank will be the proud owners of a $500,000 house that they purchased for only $300,000. They can live in this house and when it is time to sell, they will make a huge profit or in the case of investors, they can do some modest cosmetic repairs and â€œflipâ€? the house for $500,000.<a id="more-106"></a></p>
<p>Sound too good to be true? Sure does, and by analyzing the conventional wisdom espoused by sellers of foreclosed property, one can easily conclude that buying a foreclosure is not the best path for everyone.</p>
<p><strong>Background</strong><br />
The rise in home prices &#8212; both new and resale from 2002 through early 2007 &#8212; was unprecedented and largely artificial. Those increases were a direct result of buyers accessing easy and overly-generous credit to purchase homes of a size and price that were two or three steps up from what they should have been buying.</p>
<p>Homebuilders who recognized this phenomenon early in the growth cycle created showy â€œDream Housesâ€? or â€œMcMansionsâ€? now for a market of buyers who should have waited 10 years to acquire such a house. The homebuilders were creating their current sales by â€œborrowingâ€? from their future sales. They were actually stealing future sales, since there was to be no paying back. In fact, the depth of that problem has not been fully explored, but the sad fact is that all of the homeowners who lost their houses through foreclosure will not be in the market to buy for between three and seven years, depending upon the individual circumstances.</p>
<p>The five-year growth cycle did run prices of new homes up in most areas and as is usually the case, resales increased in price as well. The easy credit and low interest rates provided homebuilders, buyers, sellers and lenders with a false sense of security and a completely illogical belief that 2002-2007 was a normal market. Naturally when earnings and profits increase every year, complacency sets in. More about that later.</p>
<p>The cycle we are in now is a classic market correction where artificially inflated values decrease back to a level that would have been supported by a normal market increase during the pervious growth cycle. Another way of stating this is that prices rose 12 percent per year for five years and should have only risen by about seven percent. We are paying back that extra five percent per year &#8212; 25 percent total, and it is happening all at once instead of being spread over several years.</p>
<p><strong>The discount</strong><br />
Using the example stated above of a $500,000 house being sold for $300,000, it would appear that a 40 percent discount has been given by the seller. Not so. While the subject property may have been priced at $500,000 at one point, that does not tell the whole story. It is always a good idea to note that there is a reason that this property is in foreclosure. Most of the reasons center around the uncomfortable fact that the previous owners were not able to sell it for $500,000 for one reason or another. It is true that there may have been a tragic human-interest story behind the foreclosure &#8212; such as the loss of a job or an escalating payment on a sub-prime loan, but that is not the central issue upon which a buyer needs to focus. If the previous owner of the house made any effort to sell at $500,000 and failed, that proves the house was not worth $500,000 at that time and probably not now.</p>
<p>The most important thing is how much is this property worth now? If the market correction figure of 25 percent is used, then that $500,000 house is now worth 25 percent less or $375,000. So, if that house can be purchased from the bank for $300,000, is that a good deal? It depends on many other things.</p>
<p><strong>The process</strong><br />
The bank that owns the foreclosed property is only interested in minimizing its loss and selling the property. As you proceed through the process of buying a foreclosure, you will wonder why banks act the way they do or even if the preceding sentence is true. Local banks who are not part of a huge national or regional organization are by far the most reasonable and motivated sellers of foreclosed properties. A local bank recognizes its place in the community and understands the value of a good positive image. Some local banks will make an effort to make repairs to the house before it is sold and may even offer permanent financing for the buyers. That&#8217;s the good news. The bad news is that there are very few local banks left, and the odds are that you will be dealing with a large national lender or their asset managers or loss prevention consultants, usually a third-party who adds one extra step in the buying and communication process.</p>
<p>Buying a foreclosure from a bank is just like buying a vacant house in the same neighborhood, albeit with no answers to your questions about the house and neighborhood. There will also be no assurances (or even clues) about the future condition or value of the house, no historical repair data about the house or even information about who used to live there. Even if you do find the previous owners, they likely will not be forthcoming or even friendly. The process is just like driving down a mountain road in a heavy fog and it takes place in extreme slow-motion, and 60 to 90 days just to get a signed contract is not unusual.</p>
<p><strong>What the buyer does not receive</strong><br />
There is no actual person who is the seller able to answer questions about the house. After all, it is highly unlikely that the individuals working for the lender to sell this house have ever seen the property or are even in the same part of the country as the house. Therefore, there will not be any of the following offered by the lender:<br />
* A Seller&#8217;s Disclosure on the property showing if the seller had any knowledge of previous repairs, defects or termite damage<br />
* A warranty that provides for the repair of all major structural defects and some minor defects<br />
* Pass-through warranties on major systems such as heating and air conditioning, plumbing, electrical and appliances<br />
* A general warranty deed that enables the buyer to obtain a legitimate title insurance policy to protect against future defects that may be discovered relative to the chain of title</p>
<p><strong>What the buyer might receive</strong><br />
Most foreclosed property is advertised to be in â€œas isâ€? condition and this means that you are buying the house as it is on the day you see it. You usually have the right to inspect the house and see what you are buying or what may be missing or need replacing. Some buyers will hire a professional home inspector to help evaluate the condition of the house and determine the buyer&#8217;s anticipated repair costs.</p>
<p>Other buyers may choose to purchase foreclosures without an inspection or to do their own inspection and be secure in the knowledge that they can personally handle any repair or renovation themselves. This is workable for the one in five homeowners who can actually use the tools available for major projects. The other four in five will need to hire a professional to handle the repairs and be satisfied with the professional&#8217;s competence, licensing, insurance and hourly rate.</p>
<p>Water and termite damage are two things that can be severe and well-hidden at the same time. In some cases, it can be years before the extent of the damage is known. Most banks do not continue termite treatment or clean out the rain gutters or do much of anything else during the period they own the house and sometimes that can lead to other problems. Polybutlelane (or blue) pipe installed during the 1980&#8217;s and early 1990&#8217;s will eventually fail, and it is important to know if that is part of what you are buying when you buy an older foreclosure.</p>
<p>Recently, thieves have begun to harvest copper from vacant homes because the relatively high resale value of copper. This means that you may discover the copper pipes have been removed or the copper in the security system wiring or in the HVAC unit has been removed. Will the bank replace those items? What happens if those items are stolen after your inspection but before you move in? Does the bank have an insurance policy that covers theft? It takes about 30 minutes for a two-man crew with tools to remove every bit of copper in a vacant house.</p>
<p><strong>The neighborhood</strong><br />
One huge variable in buying a foreclosed property is the neighborhood in which it is located. Some foreclosures are an aberration in an otherwise stable neighborhood of well-kept homes with 100 percent owner-occupants and no real issues relative to future value or appreciation. If that is the case, one can feel comfortable buying in that neighborhood.</p>
<p>On the other hand, some neighborhoods are poised right on the brink of almost certain devaluation. Some devaluation scenarios are offered below. The warning signals should be obvious to the attentive observer, but sadly some buyers will overlook the obvious because they are focused upon the huge â€œdiscountâ€? they are getting on the purchase.<br />
* There are many vacant lots in the subdivision. The lots are owned by the bank or will be soon. If the bank is willing to sell a foreclosed house in this subdivision for a 40 percent discount, then that same banker (or another) will be willing to sell the lots at a 40 percent discount as well. When building lots are discounted 40 percent, most builders who are able to obtain construction loans will be encouraged by their banker, RealtorÂ® and market conditions to build at the lowest possible price. One can easily imagine a large-volume production builder buying all the lots from the bank (discount is now well over 50 percent because the builder bought all the lots) and undercutting the prices by $50,000 or even $100,000. That means that foreclosure you bought in there for $350,000 is now worth $275,000.<br />
* The foreclosure you are about to buy is one of 14 in the subdivision. In fact the only houses on the market are foreclosures. Homeowners who want to sell their houses can&#8217;t compete with the foreclosures because their loan balances are too high, so they simply abandon their house and let the bank have it. This is a case where each sale occurs at a slightly lower price than the one before it and there are so many of that type sale that the new lower prices become the standard for the subdivision. Eventually the prices reach the point where it makes sense for some homeowners to rent their property instead of selling it.<br />
* The foreclosure you buy is in a swim/tennis subdivision with a homeowner&#8217;s association and annual dues of $450 per year and an annual property tax bill of $4,000. The previous homeowner and later the bank have not paid these dues for two years. Oddly enough, the law in some states actually allow the bank to not be responsible for past due tax or association fee payments and in some cases the bank thinks this applies to the period during which they own the house as well. After moving in, you discover a tax lien has been placed on your house and the homeowner&#8217;s association has filed a lien against you for two years&#8217; dues. You may avoid paying either of these liens and your attorney might get them removed after six months of legal wrangling. The bank you bought from does not help you with your legal fees.<br />
* A variation of the homeowner&#8217;s association scenario is the Helpful Neighbor who has cut, fertilized and watered the grass, removed the trash, trimmed the shrubs and other routine maintenance &#8212; all to preserve the appearance of the foreclosed house so it does not become an â€œeyesoreâ€? for the neighborhood. After you move into your foreclosure, the neighbor gives you a bill or lays a guilt trip on you that you feel less than welcome in the neighborhood. Sometimes the â€?Helpful Neighbor&#8217;sâ€? place can be taken by the homeowner&#8217;s association or even the city or county government and they may have the power to recover their cost for doing that work from the buyer or filing a lien on the property. One county near Atlanta is in the process of passing just such an ordinance so they are able to maintain lawns of foreclosed property.</p>
<p><strong>Pre-foreclosures or Short Sales can be a safer alternative</strong><br />
Some astute property owners facing foreclosures are able to negotiate with their lender to create a below-market sales price for their property. Most of the time these sellers are professional sellers such as homebuilders or investors who have a good relationship with their lender and multiple properties in that lender&#8217;s loan portfolio. These pre-negotiated below-market sales prices are usually a combination of the seller giving up equity and the lender giving up interest and principal &#8212; in effect writing down the loan balance to a level that appears to be realistic in view of current market conditions. In other words, both lender and seller are professionals, realistic in their acceptance of the 25 percent immediate drop in values that occurred in 2007-2008, motivated to preserve their relationship with each other and dedicated to avoiding the foreclosure process.</p>
<p>These sales are called short sales because both the seller and the lender are left â€œshortâ€? of their expectations of profit or payback. The difficult part is that not all lenders or sellers will acknowledge they are participating in a short sale. That makes it very important for a prospective buyer of any property to either be an expert on relative pricing in the area in which they are considering or be willing to hire such an expert in the form of a RealtorÂ®, known in the trade as a Buyer Brokerage Representative or a Licensed Appraiser, who will charge a fee for each property evaluated.</p>
<p><strong>What could be better than a short sale</strong><br />
Some local lenders have taken the short sale concept a step further than that required by banking regulations and practices and even applied innovation to the marketing of their foreclosed properties. They are to be commended for this. These lenders will actually hire a local homebuilder to evaluate the house and make any repairs or renovation before the house is put on the market, use that same builder to maintain the house during the marketing period and to provide the buyer with a builder-type warranty for a year or more after the sale. These houses are still priced using the same methods that are used on regular foreclosures, basically a realistic and unemotional evaluation of real market conditions, so they are real bargains. Frequently, these houses are marketed as if they are owned by the builder and some may be. Either way, this is a huge step up from buying a foreclosure with all the unknowns and uncertainties.</p>
<p><strong>What else should a savvy buyer consider</strong><br />
Builder closeouts are something advertised quite heavily in recent months. In some cases it means the builder wants to reduce his inventory in certain areas or price ranges so he can continue his building elsewhere. Other times it means the builder is going out of business. It is obviously important to know which is the case before making a decision, but some of the builder closeout prices are every bit as low as foreclosed property.</p>
<p>Some local and national homebuilders have been paying attention to the market over the past several years and have already made the adjustments necessary to compete in today&#8217;s market. Their pricing is competitive with the foreclosures and short sales because they have made purchasing decisions that have taken advantage of lower lot prices and lower prices for both material and labor, both of which have fallen since early 2007. These builders are usually found in well-located subdivisions in good school districts where they are the exclusive builder in the subdivision. Typically these builders will offer buyers the assurance of a neighborhood that will be completed as planned and very strong warranty and builder service programs.</p>
<p><strong>Conclusion</strong><br />
To summarize, there are many aspects to consider in the purchase of a foreclosed property. The ultimate success of your transaction can, and probably will depend on how these factors are handled.</p>
<div align="center">***</div>
<p><em><br />
(A graduate of Northeastern University, Rick Schlosser began working in real estate during college with The Codman Company in Boston, specializing in townhome sales, rentals, renovations and condominium conversion of properties in the Back Bay and Beacon Hill sections of Boston. Rick was joined by Jay Grossman at Codman in 1973 and together they expanded the residential division to the suburban Boston area and eventually all of New England. Recruited by Equitable Life Assurance in 1977, he moved to Atlanta to work as sales and marketing manager for Rivermont, an Equitable Life Assurance owned country club community in North Fulton County. Rick became project manager in 1979 and in 1981 when Rivermont was nearing completion, he moved to another Equitable project, Peachtree City, in 1982, taking responsibility for sales and marketing for Peachtree City Marketing Group and Peachtree City Development Corp. under the umbrella of Equitable ownership. In 1993, Rick joined Eagleâ€™s Landing in Henry County as vice president of sales and marketing, taking responsibility for commercial, industrial and residential sales. He later started Metrosouth Realty Advisors Inc., later known as Metrosouth Realty Inc., keeping Eagleâ€™s Landing as a client. Rick became director of builder services in 2001 for the Coldwell Banker Bullard Realty organization, the largest Coldwell Banker franchise in Georgia. Joining the Coldwell Banker Bullard Realty organization in 2001, he first served as director of builder services for what is the largest Coldwell Banker franchise in Georgia. When Bullard purchased American Land Mart, a company in Conyers with a major share of the luxury home market in the Rockdale County area, in early 2004, Rick became managing broker of what is now Coldwell Banker American Land Mart. His companyâ€™s website address is www.americanlandmart.com, and his email address is schlosser@comcast.net.)</em>
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		<title>CARING FOR WOOD FLOORS: AN ALTERNATIVE APPROACH</title>
		<link>http://www.jimmybooth.com/weblog/?p=104</link>
		<comments>http://www.jimmybooth.com/weblog/?p=104#comments</comments>
		<pubDate>Thu, 31 Jan 2008 21:53:03 +0000</pubDate>
		<dc:creator>jimmy</dc:creator>
		
	<category>Financial</category>
	<category>Home Improvement</category>
	<category>Hardwood floors</category>
		<guid isPermaLink="false">http://www.jimmybooth.com/weblog/?p=104</guid>
		<description><![CDATA[By Michael Purser
Rosebud Co. 

With the economic instability we are currently experiencing, homeowners are showing an interest in alternative approaches to refurbishing and caring for their wood floors.  Recoating is proving itself as a high value an economically practical option.  This is an ideal way of upgrading the look and value of your [...]]]></description>
			<content:encoded><![CDATA[<p><em>By Michael Purser<br />
Rosebud Co. </em></p>
<div align="left"><img height="96" align="left" width="66" alt="Michael P2.jpg" id="image103" src="http://www.jimmybooth.com/weblog/wp-content/uploads/2008/01/Michael%20P2.thumbnail.jpg" /></div>
<p>With the economic instability we are currently experiencing, homeowners are showing an interest in alternative approaches to refurbishing and caring for their wood floors.  Recoating is proving itself as a high value an economically practical option.  This is an ideal way of upgrading the look and value of your home without the chaos or traditional refinishing.  It is environmentally responsible, dustless and has a very rapid turn around time.  Compatible with fully occupied house and families with active lifestyles recoating has proven itself to be very successful in â€œstagingâ€? homes for resell.  It is also ideal for engineered or prefinished floors with tough original factory applied coatings that are in bad need of repair.  Recoating is the perfect complement to Rosebud Co.â€™s services that preserve and protect floors without sacrificing excessive amounts of wood.<a id="more-104"></a></p>
<div align="left">
<div align="center">***</div>
<p align="left"><strong>Understanding Recoating:  When, Why &#038; How<br />
</strong><br />
Are your wood floors experiencing a bit of a mid-life crisis?  Are they showing signs of â€œfinish fatigueâ€? after being refinished some 10-25 years ago?  Is there a duller look and do you see a chalky appearance where the chairs sit around the breakfast table? Are there visual reminders of where the children and pets used to play?  Is the infamous â€œkitchen triangleâ€? looking more like a hiking path?  Was the group of workers trudging through your house in the last remodeling project the last straw?  Sound familiar?  Recoating your wood floors just might be the option for you.  Here are the basics of recoating to help you make an informed decision.</p>
<p>Recoating is exactly what it sounds like:  an application of new finish over the older, ailing finish.  It can be done quickly, cleanly (absolutely no dust) and is reasonably priced.  My prices start at $1.65 per square foot &#8212;  55 to 75% less than my sanding and refinishing cost.  You may still see water damage, deep scratches, gouges and indentations but they will blend in better and the original color and luster will be restored. Recoating is not a process that removes old paint nor is it recommended for floors maintained with either paste or acrylic waxes.</p>
<p>The key to successful recoating is the preparation prior to applying finish. It is critical that the floor is thoroughly cleaned before any applications of finish.  Cleaning is with chemicals specifically formulated to remove the type of contaminants found on wood floors.  The old finish is scrubbed with these cleaners to loosen up dirt, grime and other products that have collected on the surface.  This cleaning ensures that the new finish will properly bond and adhere to the old finish.</p>
<p>After all the liquid cleaners have been removed, the floor is allowed to dry overnight.  Next, you may use a synthetic pad to buff the floor or a chemical bonding agent for the final prep. The floors are carefully vacuumed and are now ready for an application of finish.  High use areas (kitchen, hall or family room) get multiple applications for additional protection.</p>
<p>I work with waterborne polyurethanes finishes only.  These environmentally responsible coatings are tough, durable and easy to maintain.  They are expensive but worth the money.  You avoid noxious vapors and get superior protection.  I have dozens and dozens of satisfied clients who will vouch for these products.</p>
<p>Recoating enhances the beauty of a home, extends the life of the finish for many years and does it economically, efficiently and with environmentally responsible products.  It has proven extremely effective in helping to present a home to buyers and a low cost alternative to sanding for new owners.  I have a 100 percent success record with this process and will provide you references to a growing list of satisfied clients.</p>
<p align="center">***</p>
<p align="left">
<div align="center">
<div align="center">
<div align="left"><em>(Since 1973, Michael Purser has been the owner of Rosebud Co. When people ask him how he ended up in the wood flooring business, he tells them he is a product of genetic engineering. His father, William B. Purser of Charlotte, N.C., started in the business in 1946. So, like his two brothers, he grew up around the trade. Originally from Charlotte, Michael grew up around the wood flooring trade and started his own company in Inman Park, one of Atlantaâ€™s oldest inner city neighborhoods. These 100+ year old homes had been neglected and abused for decades and became the focal point of the rebirth of Atlantaâ€™s old and original tree lined suburbs His interest in older homes prompted him to research and write about traditional methods and products used in refinishing wood floors over the ages. He has gone on to write articles, papers and make presentations for the National Trust for Historic Preservation, Association for Preservation Technology, Georgia Trust for Historic Preservation and other preservation groups. He has also become involved with contemporary wood floor products and materials and has written extensively for Fine Homebuilding and The Journal of Light Construction. He has continued to work in the preservation field and has pioneered Passive RefinishingÂ®, a unique process that allows for the restoration of wood floors without sanding. More information is available about Michael and Rosebud Co. on the internet at www.rosebudfloors.com, or you may contact him directly at mpurser@rosebudfloors.com.)</em></div>
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		<title>CARTUS AND RELOCATION</title>
		<link>http://www.jimmybooth.com/weblog/?p=101</link>
		<comments>http://www.jimmybooth.com/weblog/?p=101#comments</comments>
		<pubDate>Mon, 10 Sep 2007 17:45:26 +0000</pubDate>
		<dc:creator>jimmy</dc:creator>
		
	<category>Housing</category>
	<category>Relocation</category>
		<guid isPermaLink="false">http://www.jimmybooth.com/weblog/?p=101</guid>
		<description><![CDATA[By Freda Stephens
Coldwell Banker Bullard Realty

The Coldwell Banker Bullard Realty Relocation Division is focused on providing service above and beyond the expectations of home buyers and sellers with an emphasis on enhancing the entire real estate experience. The fully staffed Relocation Department is dedicated to meeting the needs of home buyers and sellers beginning at [...]]]></description>
			<content:encoded><![CDATA[<p><em>By Freda Stephens<br />
Coldwell Banker Bullard Realty<br />
</em><br />
The Coldwell Banker Bullard Realty Relocation Division is focused on providing service ab<img height="96" align="left" width="60" id="image102" alt="Freda_2.thumbnail.jpg" src="http://www.jimmybooth.com/weblog/wp-content/uploads/2007/09/Freda_2.thumbnail.jpg" />ove and beyond the expectations of home buyers and sellers with an emphasis on enhancing the entire real estate experience. The fully staffed Relocation Department is dedicated to meeting the needs of home buyers and sellers beginning at the initial consultation and ending with a successful closing. Visit our webpage at www.cbbullard.comOffering the highest level of customer service and an impressive market share, our award winning department provides:<a id="more-101"></a></p>
<p>* Nationwide resource assistance with establishing buying and selling connections in another city, state or country.<br />
* Incoming business that includes individuals and their families moving into and out of our area.<br />
* Principal Broker for the Cartus Broker Network â€” the leading network of market-dominant real estate brokers.<br />
* Partner for corporations, suppliers and other brokers in dealing with real estate in our marketplace.</p>
<p>Cartus is the premier provider of global mobility management and workforce development solutions serving the corporate, military, and government markets. Through its industry leading outsourcing, consulting, language and intercultural training, logistical support and supplier management, it helps organizations and their mobile workforce achieve success worldwide.</p>
<p align="center">***</p>
<p align="left"><em>(Freda Stephens, CRP is the Director of Business Development/Relocation for Coldwell Banker Bullard Realty. <em>This column originally appeared in the â€œBullard Blogâ€?, a regular feature of the companyâ€™s website at http://www.cbbullard.com/. She can be contacted at 770-477-6400.)</em></em></p>
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		<title>FROM ROOF TO PAINT, THE LIFE EXPECTANCY OF YOUR HOME&#8217;S COMPONENTS</title>
		<link>http://www.jimmybooth.com/weblog/?p=98</link>
		<comments>http://www.jimmybooth.com/weblog/?p=98#comments</comments>
		<pubDate>Wed, 01 Aug 2007 22:41:01 +0000</pubDate>
		<dc:creator>jimmy</dc:creator>
		
	<category>Financial</category>
	<category>Housing</category>
	<category>Damage Control</category>
	<category>Home Ownership</category>
		<guid isPermaLink="false">http://www.jimmybooth.com/weblog/?p=98</guid>
		<description><![CDATA[By Sandy Boda
Executive Officer, Home Builders
Association of Midwest Georgia

Just like the human body, your home is made of parts, all working in unison, many unseen and unthought of during the course of your daily life. From the roof to the foundation, and from the front door to the back, a home consists of literally thousands [...]]]></description>
			<content:encoded><![CDATA[<p><em>By Sandy Boda<br />
Executive Officer, Home Builders<br />
Association of Midwest Georgia<br />
</em><br />
Just like<img height="96" align="left" width="64" alt="Sandy.jpg" id="image99" src="http://www.jimmybooth.com/weblog/wp-content/uploads/2007/07/Sandy.thumbnail.jpg" /> the human body, your home is made of parts, all working in unison, many unseen and unthought of during the course of your daily life. From the roof to the foundation, and from the front door to the back, a home consists of literally thousands of components.</p>
<p>Ideally, these components might all have an unlimited life expectancy. But given the realities of day-to-day use, how long can a home owner reasonably expect a home component such as a window or roof to last?<a id="more-98"></a></p>
<p>A new study conducted by the National Association of Home Builders (NAHB) and sponsored by Bank of America Home Equity provides insight into the life expectancies of a number of products in the home. The study intentionally overlooked consumer preferences, acknowledging that if they were considered,  kitchen counters would be replaced long before the end of their useful life, and rooms may be repainted only once in 50 years. Other factors that can have a significant effect on life expectancy include maintenance, proper installation, the level of use and the quality of the materials. And some components, while remaining functional, become obsolete due to changing technology or improvements.<span id="mce_editor_0_parent" /></p>
<p><strong>Insulation<br />
</strong><br />
According to the study, all types of insulation can be expected to last a lifetime if they are properly installed and are not punctured, cut, burned or exposed to ultraviolet rays and are kept dry. Proper installation not only extends the lifetime of your insulation, it also ensures that it will perform properly, resulting in reduced energy use and expenses, as well as increased home comfort.</p>
<p><strong>Windows<br />
</strong><br />
Windows, because they can be exposed to extreme weather conditions, have a much shorter life expectancy. The study, which polled experts in the various fields, found that aluminum windows can reasonably be expected to last 15 to 20 years and wooden windows can last upwards of 30 years. An important element of maintaining your windows is the window glazing &#8212; the putty that secures the glass to the sash. Over time, this glazing can crack, resulting in drafty and loose panes. Available at any hardware store, glazing can be replaced by simply chipping or scrapping off the old putty, cleaning the window thoroughly and installing new glazing with a putty knife or caulking gun. Some types of glazing require a coat of latex paint for weatherproofing.</p>
<p><strong>Roofs<br />
</strong><br />
Like windows, the life expectancy of a roof depends on local weather conditions as well as appropriate maintenance and quality of the materials. Slate, copper and clay/concrete roofs can be expected to last more than 50 years. Roofs made of asphalt shingles should last for about 20 years; fiber cement shingles should last about 25 years; and wood shakes for about 30 years. In regards to roof maintenance, itâ€™s important to be proactive to prevent emergency and expensive repairs. Look for include damaged or loose shingles; gaps in the flashing where the roofing and siding meet vents and flues; and damaged mortar around the chimney (especially at the joints, caps and washes). If you see any signs of damage, call a professional to repair it.</p>
<p><strong>Paint<br />
</strong><br />
Although some avid decorators may repaint every six months, homes usually need to be painted every five to 10 years depending on the content of the paint (its glossiness), its exposure to moisture and traffic. Quality paints are expected to last upwards of 20 years. Exterior paint conditions should be regularly monitored in order to catch problems early on. Assessing paint for dirt, mold, cracking, peeling, fading and rusting &#8212; and repairing immediately, usually through simple cleaning methods such as scrubbing or power washing &#8212; can end up saving homeowners much more costly repainting jobs in the long term.</p>
<p>Remember, these numbers are averages, with usage, weather, maintenance and a number of other factors influencing life expectancy. Chances are, changing trends will dictate a shorter life span, as homeowners update and remodel their homes. For more information on home maintenance, visit the National Association of Home Builders online at www.nahb.org/forconsumers, or contact your local home builders association office.</p>
<div align="center">***</div>
<div align="center">
<div align="left"><em>(Sandra J. (Sandy) Boda attended the 2007 International Builders Show in Orlando, Fl. The HBA of Midwest Georgia serves a membership of approximately 800 builders and associatie members in Fayette, Coweta, Spalding, Meriwether, Heard, Pike, Upson, Lamar, Butts and Jasper Counties. The association can be contacted at 770-716-7109 or at hbamwg@bellsouth.net.)</em></div>
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		<title>ENGINEERED OPTIONS</title>
		<link>http://www.jimmybooth.com/weblog/?p=96</link>
		<comments>http://www.jimmybooth.com/weblog/?p=96#comments</comments>
		<pubDate>Sat, 21 Jul 2007 15:56:05 +0000</pubDate>
		<dc:creator>jimmy</dc:creator>
		
	<category>Home Improvement</category>
	<category>Hardwood floors</category>
		<guid isPermaLink="false">http://www.jimmybooth.com/weblog/?p=96</guid>
		<description><![CDATA[By Michael Purser
Rosebud Co.

Engineered wood flooring is the hottest and fastest growing segment of the wood flooring industry.  Formerly called â€œprefinishedâ€?, this rapidly expanding selection is not only large, it can be confusing and intimidating to wade into if you donâ€™t know what to look for.  Let me highlight a few differences, point [...]]]></description>
			<content:encoded><![CDATA[<p><em>By Michael Purser<br />
Rosebud Co.<br />
</em><br />
<img height="96" align="left" width="66" alt="Michael P2 copy 1.jpg" id="image97" src="http://www.jimmybooth.com/weblog/wp-content/uploads/2007/07/Michael%20P2%20copy%201.thumbnail.jpg" />Engineered wood flooring is the hottest and fastest growing segment of the wood flooring industry.  Formerly called â€œprefinishedâ€?, this rapidly expanding selection is not only large, it can be confusing and intimidating to wade into if you donâ€™t know what to look for.  Let me highlight a few differences, point out some of the pluses/minuses and give you a sense of direction before you head into a showroom.<a id="more-96"></a></p>
<p><strong>Categories</strong></p>
<p>Engineered wood floors usually come in three varieties; solid, veneer and laminate.  The solid is just that; a solid piece that has all the stain and/or finish already applied to the surface.  The veneer is a thin layer (from 1/32nd of an inch all the way to 3/8 of an inch) of any one of a variety of species of wood that is over a plywood-like surface.  The plywood-like surface is called the â€œcoreâ€? and has layers of alternating direction plys that give the whole piece very good stability in terms of warping, shrinking or expanding.  Laminated products are typically a photographic reproduction of wood on a high density fiber (HDF) backing.  It will have the thinnest wear layer of the three categories.</p>
<p><strong>Pluses</strong></p>
<p>There are a multitude of pluses with engineered flooring.  First and foremost is that the majority only require installation.  There is no sanding or finishing involved.  This eliminates the time needed to install a regular wood floor, sand and finish it and then have the coatings dry and cure.  It also eliminates the collateral side effects; most notably the dust and vapors of the sanding and the finish.</p>
<p>Another big bonus is that products mounted on the plywood like â€œcoreâ€? have far more stability than a solid piece of flooring material.  This enhanced stability means that the wood if far less likely to expand and contract resulting in warping, cracking, splitting, cupping or buckling of the product. This would be a prime consideration where there was any moisture or heat related issue that might affect the wood.  Basements, concrete slabs, kitchens and radiant heating are just a few instances where the directional stability of the wood will be critical over extended periods of time.  You should also be mindful of homes that are occupied seasonally (vacation homes, second homes) as the interior environment might not be as stable as it should be.</p>
<p>Another factor to consider is that engineered products offer a wide variety of stains, finishes and milling options to select from.  Finishes and stains applied in the controlled environment of a factory are usually very color stable, tough and very durable.  This translates into very good quality control and often eliminates problems that would occur from on site sanding and finishing.</p>
<p><strong>Minuses</strong></p>
<p>One primary concern with engineered floors has to do with sanding or refurbishing them after extended use and wear.  The number of times it can be sanded will depend on the thickness of the wear layer.  Industry experts suggest that you remove 1/32nd of wood per sanding.  With over 35 years experience in this work, I strongly disagree.  You might remove 1/32nd under lab conditions but that is rarely how it is done in real life.  If you are looking at a wood floor as a permanent fixture of the house and anticipate it will need to be refinished, I recommend no less than one sixteenth of an inch (or 1.5 mm) in thickness.  You cannot assume that the floor is going to be perfectly flat or that the super hard finishes will sand off easily &#8212; they donâ€™t.  And due to height variations and a much more aggressive sanding, you can rest assured you will be losing more than you would in a lab situation.</p>
<p><strong>Options</strong></p>
<p>As far as refurbishing the surface, the news is very good.  And by refurbishing I mean restoring luster to the surface after years of wear.  Recoating an engineered product has been made easier due to a couple of manufacturers who produce bonding agents to be used in preparing the floors for recoating.  These bonding agents are an absolute must for the super hard finishes that are factory applied.  Conventional screening of the floors is not enough to create a good bond between the old finish and the new finish going down.  What this translates into is that recoating an engineered product with a surface coating can be done but it better be done properly or it will fail.  Basic Coatings and BonaKemi are the only two manufacturers of cleaners and prepping materials that include a bonding agent.  Basic Coatingâ€™s product is called TyKote and BonaKemiâ€™s product is called Prep.  You would be penny wise and pound foolish to try and skip either of these companyâ€™s tried and testing recoating systems.</p>
<p>Anyone who is looking for what guidance or advice to follow in looking selecting an engineered flooring product need only consider this; your wood floor is one of the most permanent and valuable surfaces in your house.  Treat it like the investment it is and you will rarely make any mistakes.  I have worked in houses well over a hundred years old and the wood floors are often the only original surface still intact.  That is a remarkable thing to consider.  Donâ€™t try and cut corners and do your homework.  There are remarkable investments out there and it is just a matte doing the due diligence to get what you want.</p>
<div align="center">***</div>
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<div align="left"><em>(Since 1973, Michael Purser has been the owner of Rosebud Co. When people ask him how he ended up in the wood flooring business, he tells them he is a product of genetic engineering. His father, William B. Purser of Charlotte, N.C., started in the business in 1946. So, like his two brothers, he grew up around the trade. Originally from Charlotte, Michael grew up around the wood flooring trade and started his own company in Inman Park, one of Atlantaâ€™s oldest inner city neighborhoods. These 100+ year old homes had been neglected and abused for decades and became the focal point of the rebirth of Atlantaâ€™s old and original tree lined suburbs His interest in older homes prompted him to research and write about traditional methods and products used in refinishing wood floors over the ages. He has gone on to write articles, papers and make presentations for the National Trust for Historic Preservation, Association for Preservation Technology, Georgia Trust for Historic Preservation and other preservation groups. He has also become involved with contemporary wood floor products and materials and has written extensively for Fine Homebuilding and The Journal of Light Construction. He has continued to work in the preservation field and has pioneered Passive RefinishingÂ®, a unique process that allows for the restoration of wood floors without sanding. More information is available about Michael and Rosebud Co. on the internet at www.rosebudfloors.com, or you may contact him directly at mpurser@rosebudfloors.com.)</em></div>
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		<title>UNDERSTANDING WATERBORNE POLYURETHANES</title>
		<link>http://www.jimmybooth.com/weblog/?p=94</link>
		<comments>http://www.jimmybooth.com/weblog/?p=94#comments</comments>
		<pubDate>Sun, 01 Jul 2007 13:16:04 +0000</pubDate>
		<dc:creator>jimmy</dc:creator>
		
	<category>Home Improvement</category>
	<category>Hardwood floors</category>
		<guid isPermaLink="false">http://www.jimmybooth.com/weblog/?p=94</guid>
		<description><![CDATA[By Michael Purser
Rosebud Co.

The last 20 years have seen some dramatic changes in products for finishing wood floors.  At the top of this list are waterborne polyurethanes.  These finishes provide superior performance, are easily maintained and provide homeowners better options than ever before.  For these reasons, I am recommending and using waterborne [...]]]></description>
			<content:encoded><![CDATA[<p><em>By Michael Purser<br />
Rosebud Co.<br />
</em><br />
<img width="66" height="96" align="left" alt="Michael P2 copy 1.jpg" id="image95" src="http://www.jimmybooth.com/weblog/wp-content/uploads/2007/06/Michael%20P2%20copy%201.thumbnail.jpg" />The last 20 years have seen some dramatic changes in products for finishing wood floors.  At the top of this list are waterborne polyurethanes.  These finishes provide superior performance, are easily maintained and provide homeowners better options than ever before.  For these reasons, I am recommending and using waterborne urethanes over all my work.  It has been on my own floors for over ten years and I wouldnâ€™t consider any other product.</p>
<p>Many homeowners have either never heard of this  product or have gotten mixed messages about its quality.  Let me give you a little background information.</p>
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<p>What originally caught my attention about waterborne urethanes was the performance I saw on my own kitchen floors when my daughter (now a teenager) was about 18 months old.  It took everything she threw and poured on it and proved to be very easy to clean and renew.  As I began using waterborne finishes in more demanding situations (kitchens, breakfast rooms, houses with young children, pets, etc.) I continued to be very impressed by the products performance.  The list of benefits is long and is getting longer:</p>
<p>â€¢ More durability and the ability to hide abrasion.<br />
â€¢ Specific cleaning products making maintenance and care easier.<br />
â€¢ Color stability to reduce ambering and discoloration.<br />
â€¢ Faster drying and curing times.  Projects are completed much quicker.<br />
â€¢ User friendly solvents to avoid the choking and annoying vapors of mineral spirits, alcohol and toluene. This not only makes for a more tolerable work site, it also eliminates environmental and physically hazardous vapors, odors and flammable products.<br />
â€¢ The ability to recoat over itself and other coatings if necessary after extended use.</p>
<p>As enthusiastic as I am about waterborne urethanes, my feelings are not shared by all of my competitors.  Waterbornes are difficult to work with, expensive and mistakes are difficult to correct.  A lot of contractors simply donâ€™t want to pay $90/gallon for a product they donâ€™t feel comfortable working with.  I can appreciate that but I can also identify with a homeowner who wants to gain the benefits waterborne products offer.  I mentioned that I have waterborne on my own floors and I also go back and check to see how well it is holding up on older work where I used it.  I have no qualms about recommending it and will be happy to put you in touch with satisfied clients who are experiencing the benefits of these superior coatings.</p>
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<p align="left"><em>(Since 1973, Michael Purser has been the owner of Rosebud Co. When people ask him how he ended up in the wood flooring business, he tells them he is a product of genetic engineering. His father, William B. Purser of Charlotte, N.C., started in the business in 1946. So, like his two brothers, he grew up around the trade. Originally from Charlotte, Michael grew up around the wood flooring trade and started his own company in Inman Park, one of Atlantaâ€™s oldest inner city neighborhoods. These 100+ year old homes had been neglected and abused for decades and became the focal point of the rebirth of Atlantaâ€™s old and original tree lined suburbs His interest in older homes prompted him to research and write about traditional methods and products used in refinishing wood floors over the ages. He has gone on to write articles, papers and make presentations for the National Trust for Historic Preservation, Association for Preservation Technology, Georgia Trust for Historic Preservation and other preservation groups. He has also become involved with contemporary wood floor products and materials and has written extensively for Fine Homebuilding and The Journal of Light Construction. He has continued to work in the preservation field and has pioneered Passive RefinishingÂ®, a unique process that allows for the restoration of wood floors without sanding. More information is available about Michael and Rosebud Co. on the internet at www.rosebudfloors.com, or you may contact him directly at mpurser@rosebudfloors.com.)</em></p>
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