Archive for July, 2008
Teardown Chronicle - Day 26 (37)
July 31st, 2008 categories: Teardown Chronicle
Teardown Chronicle - Day 26 (37) The floor trusses were delivered today as well as some plywood.
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Reverse mortgages and the new housing bill
July 29th, 2008 categories: Buyer Tips, Financing, Seller Tips
Reverse mortgages are for older homeowners - the owners are allowed to mortgage their home for cash or for monthly income, all according to a formula based on the owners ages and the home value. The lender does not need to be repaid as long as the borrower continues to live in the house.
One of the provisions in the housing bill just approved by Congress, awaiting President Bush’s signature, is an increase in the maximum mortgage amount for a reverse mortgage - it is more than doubling to $417,000. In some high cost areas of the country the amount can be as high as $625,000.
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Teardown Chronicle - Day 22 (31)
July 18th, 2008 categories: Teardown Chronicle
As we wait for the floor joists to be delivered, the builder has put his Arthur Rutenburg logo on the front masonry wall. Note the plywood pieces over the places to be inspected after the concrete blocks are filled.
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Teardown Chronicle - Day 19 (28)
July 15th, 2008 categories: Teardown Chronicle
Teardown Chronicle - Day 19 (28) Block walls have been completed.
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Teardown Chronicle - Day 18 (27)
July 14th, 2008 categories: Teardown Chronicle
Teardown Chronicle - Day 18 (27). The masons have been very busy and you can now see the shape of the building.
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Teardown Chronicle - Day 17 (24)
July 11th, 2008 categories: Teardown Chronicle
Teardown Chronicle - Day 17 (24)
Today the masons were at work early and did an admirable day’s work. You can see walls and corners - more than just a few courses.
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Sunset Beach mailbox
July 10th, 2008 categories: Miscellany
Yesterday, driving back from the Sandpearl reception on Clearwater Beach, we drove down Sunset Beach (the south end of Treasure Island) to see what was new. This mailbox (click on the photo to enlarge) caught my attention - done in the same colors as the house behind it.
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Teardown Chronicle - Day 16 (23)
July 10th, 2008 categories: Teardown Chronicle
This afternoon the site looked the same way it did yesterday - as if everything is ready for the masons to start the block walls.
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Sandpearl Clearwater Beach Florida Phase II
July 9th, 2008 categories: Beach Condos, Sandpearl
JMC Communities hosted a broker’s open house for Phase II of Sandpearl Condominiums, Clearwater Beach, Florida. Four condominiums and one hotel suite condominium were opened this afternoon for a group of Tampa Bay real estate agents. Several decorators were featured - each condo was furnished by a different company (one had just decorator boards) so the agents could see not only different floor plans but different decorating styles. The common areas were on display and hors d’oeuvres including sushi were spread out on the bar. It was easy to imagine living the beachfront lifestyle.
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Teardown Chronicle - Day 15 (22)
July 9th, 2008 categories: Teardown Chronicle
It was late in the evening when I came by the site tonight. Block has been delivered, as well as sand and cement. It looks as though everything is ready for the masons.
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