If you're planning on moving in the next five years, rent
If you think you want to buy a home, you should first consider how long you plan to stay in the area. If you think you might move again in the next few years, it's a better plan financially to simply rent an apartment in Roanoke, VA, as the first five years are the hardest for building up equity.
Why is that? There are several reasons.
First, the first five years of the mortgage are the worst years for building equity. The large majority of each mortgage payment goes straight toward interest. On a thirty year mortgage, you build approximately 5% of your home’s value in equity during the first five years of the mortgage.
Second, much of that small amount that you do build in equity will be eaten by realtors when you sell. The FSBO route has challenges and expenses involved as well.
Third, the equity that isn’t devoured by the realtors will be devoured by the bank. Closing costs can add up to be a large portion of your mortgage, particularly when you’re really only concerned about the small amount of equity you’d build during that time.
Finally, the housing market isn’t the same as it was seven or eight years ago. At best, home prices are stable. In many areas, they’re still drifting downward. You’re not going to make a mint by buying a house and then flipping it.
If you are interested in renting in Roanoke, contact Honeywood Apartment Homes.
The Christian Science Monitor
If you're planning on moving in the next five years, rent
Regardless of how your foundation was constructed, no basement is immune from water damage or water leaks. Water in the basement can happen through the basement walls, and through the floor and floor joists.
Most commonly, after a rain or from melting snow, basements leak water through the joint where the floor and walls meet. In fact, over 90% basement water problems is a result of leaking from where the floor meets the walls.
However, there are other common ways that water can enter the basement:
1. Window Sills
Window wells may hold excess moisture and that moisture can seep into your basement.
2. Under the Footer
Often construction may leave a small space between the footer and the poured basement floor. Excess water under the structure may create pressure and cause water to find its way through those small cracks and into your basement.
3. Sweating Walls
Block walls or block foundation can “sweat,” from excess moisture causing water to pool inside.
4. Concrete Floor Cracks
Rain and melted snow in the soil under your basement floor can create pressure, causing the water to find its way through cracks in your basement floor.
5. Cracks in Walls and Mortar Joints
Excess moisture in the soil creates “hydrostatic pressure” that can cause cracks which allow water to seep into your living space.
6. Over the Footer
Water seeps in through the crack between the footer and wall sitting on it, often causing damage to the inside of your home or making the basement space unusable for storage or recreation.
For assistance addressing any of these water problems, contact A-1 Foundation Crack Repair.
Labor Day weekend … the unofficial end of summer! If you live in an apartment in Garner, NC and are looking for something to do in the Raleigh area, here are some ideas from WRAL.
Noah’s Landing in Coats hosts its annual Blue and Cue at the Zoo. The hours are 10 a.m. to 5 p.m., Saturday, and 1 p.m. to 5 p.m., Sunday. The zoo features more than 60 species. This weekend’s event features the animals, along with crafts, games, bluegrass music and barbecue.
The Sandbox kids and family band will play a free concert featuring their folksy take on songs for kids and parents at Raleigh’s Fletcher Park from 6 p.m. to 8 p.m., Sunday. Get there a little early to set up your blanket or lawn chairs and picnic. It’s a wonderful way to end the summer!
The African American Cultural Festival takes over City Plaza in downtown Raleigh on Saturday and Sunday. You’ll find live music, food, entertainment and more. A Family Village on the 300 block of Fayetteville Street will include crafts, large-scale community interactive art installations and a special stage with a variety of performers.
Isaac Hunter's Oak City Tavern, in downtown Raleigh, will hold Splash Bash starting at noon, Saturday. The fundraiser for a local family will include games, a water slide, dunk tank, food, music and more.
The Duke Symphony Orchestra will perform a free pops concert from 6 p.m. to 7:30 p.m., Sunday, on Duke’s East Campus Main Quad. Bring a picnic to enjoy while listening to the orchestra play music from Broadway and popular movies.
The Paperhand Puppet Intervention’s 13th annual puppet pageant, called City of Frogs this year, continues this weekend with shows at the Forest Theatre in Chapel Hill. This massive production features live music, masks, stilt walkers, shadow puppets and more. Performances are every Friday, Saturday and Sunday, Labor Day Monday, through Sept. 9.
And New Hope Valley Railway in southwestern Wake County will hold its monthly rides on its diesel and steam engines on Sunday. They start at 11 a.m. Get there early to guarantee your departure time and also check out the railway’s exhibits. The hour-long rides take place on an open air train. Be sure to check the website for all the details.
Happy Labor Day weekend!
One of the best things about living in an apartment in Lexington Park, MD is that you don't have to go anywhere on Holiday Weekends to be doing something special. Southern Maryland is a destination all in itself.
After a stroll down the North Beach or Chesapeake Beach or Solomons Island Boardwalks head back to your apartment pool and grill area and serve up some of your own Labor Day weekend fun. Here is a great recipe that we love at Abberly Crest. Give it a try!
Grilled Peach BBQ Chicken Wings Recipe
- 2 cups barbecue sauce
- 2 cloves garlic, finely chopped, divided
- 2 peaches, peeled, pitted and chopped
- Salt and pepper
- 24 chicken wings, separated at the joint and tips discarded
- 1 cup peach jam, such as Smuckers
- 1/4 cup apple cider vinegar
- 2 tablespoons hot sauce, such as Frank’s RedHot, or to taste
- Scallions, green parts only, thinly sliced, for topping
In a food processor, combine the barbecue sauce and half of the garlic. Add the peaches and process until finely chopped; season with about 1-1/2 teaspoons salt and about 1/4 teaspoon pepper. Reserve 1/2 cup for basting.
In a resealable plastic bag, toss together the chicken wings and remaining peach barbecue sauce; refrigerate for about 30 minutes.
Meanwhile, combine the peach jam, vinegar, remaining garlic, hot sauce and 1/2 teaspoon salt in a small saucepan. Cook over medium heat until slightly thickened, about 5 minutes; let cool.
Drain and discard marinade. Moisten a paper towel with cooking oil; using long-handled tongs, lightly coat the grill rack. Grill chicken wings, covered, over medium heat or broil 4 in. from the heat for 12-16 minutes, turning occasionally.
Brush with sauce. Grill or broil, uncovered, 8-10 minutes longer or until juices run clear, basting and turning several times. Top with scallions and serve with peach jam dipping sauce.
Recipe and Image from Taste of Home
Fall is here and winter is around the corner. Last winter in Massachusetts gave us a break, but don't be caught off guard. If you need a snowblower, it is better to shop now rather than when you have 10 inches of snow on your driveway.
Interested in a Toro 2-stage snowblower? Watch the video for loads of information.
When you have a lot of snow to move, Toro power max HD snowblowers. These are two stage snow blowers that move deep hard compacted snow with ease. They also have an anti-clogging system that stops clogging in heavy snow.
The heavy duty construction will give you snow removal power for years. Reinforced and commercial grade, these snowblowers can handle anything and are easy to use.
For more information on Toro Snowblower, contact J&J Small Engine Clinic.