Tuesday, June 1, 2010

Solar Power-Hot Power

The hot topic nowadays around the globe is “scarcity of power”. As a country moves towards the peak of development, so is the demand of power. Reports show that there are many homes using electricity more than that used by a small industry! It is because, in the modern, digital lifestyle, each and every appliance like television, computers etc demands huge amount of electricity. However we live in a modern world and hence the usage of these power hungry appliances are inevitable.

The fact is that every positive improvement in the society will have a negative impact on natural resources. But in case of power, there are many alternate sources available in nature. Solar energy is a very good substitute for conventional power generation. The reason being, solar energy is clean, has no pollution effects and doesn't use any fossil fuels. The most interesting aspect being solar energy can be generated in home.

How about having your own power station on your roof? It is quite simple and beneficial by using solar power. To start with, solar water heaters can be used in homes instead of old conventional methods, thereby reducing your utility bills and also conserving natural resources like fossil fuels. The solar panels called the photovoltaic cells which can be conveniently placed on the roofs of homes converts sunlight directly into electricity. This electricity obtained by the conversion of sunlight meets all the home's electricity needs. “Hence it acts as your own power station. “Cool power from hot sun”.

A lot of people have tried the usage of solar power at home and found it beneficial and safe. The hot fact is that more than 10,000 homes in United States completely use solar energy to power up their homes. The ill fact is that enough sunlight falls on the Earth's surface every hour to meet the globe's energy demand for an entire year, but the same is not utilized and is wasted.

Still not convinced about the positive effects of solar power in home? By replacing conventional electric water heaters with solar water heaters, one can cut water bills up to 50 percent. And the important fact is, the price of photovoltaic cells, according to the department of energy has fallen by 200 percent in last 30 years. Don’t worry if your solar power unit generates more power than need for you. There are many utility power grids ready to buy the clean power for a higher price.

The bottom-line is, by installing a solar power generating unit in home, the home owner will never have to pay an electricity bill; instead he can become the supplier of clean electricity to the country and “save the Earth from energy crisis”

Allow Home Insurance

Dubai's buyers can finally decide to have a sigh of relief, since they can buy now properties insured against any structural damages. The buyers used to be left in lurch until today whenever any structural damage came to light after the properties were handover. They couldn't ask for any legal proceeding or compensation due to the lack of proper laws they had. But, the Real Estate Regulatory Authority (RERA) has finally decided to change this scenario, and introduced a new law which makes developers responsible for damages that might get noticed after the property had been handed over. The buyers will be free to approach the regulatory body whenever there seemed to be any breach of law taking place. Scores of Dubai apartments, furnished villas, hotels and Dubai hotel apartments will come under the purview of this new legislation.

Investors used to withdraw from projects earlier, citing the lack of insurance cover as a reason. Under the new law, however, the developer will be made answerable to courts for any sub-standard construction. For example, any serious wall cracks taking place within the first ten years of property handover, can amount to be a case for compensation. Additionally, any electrical, mechanical or plumbing related irregularities can also be challenged during the first year. Any irregularities in the construction of Dubai apartments, hotels, furnished villas or Dubai hotel apartments could not be challenged in the courts earlier, since there was no clear framework to do it.

In addition, this law adds more clarity about the issue of maintenance of buildings. Under the new directive, a Home Owner's Association (HOA) will be established for each jointly owned property and asked to look after the common areas, such as gyms, swimming pools, parking spaces, entrances etc. They will have to play the role of watch-dogs and see that the buyer's money was properly made use of. It is surprising that, only five percent of Dubai's households carry home insurance coverage, which is too few in numbers compared to what we may get to see from the countries like the USA, the UK, Australia or Japan.

The formation of HOA is key ingredient of this whole exercise. It will be required to maintain and be the beneficiary of the insurance cover in each case, while the constituent members, each having the ownership of one unit, will have to pay up the premium. Dubai may be a late entrant into this exercise, but it is expected to pursue it seriously now, and the buyers and promoters should be getting used to it now. The city needed to have it anyway, with so many high-end Dubai apartments, hotels, furnished villas and Dubai hotel apartments dotting its skyline.

Although, insurance cover is a basic necessity for any real estate buyer, people of Dubai did not shown any keenness about it in the past, may be, since most of them happened to be short term buyers. However, the introduction of the new law by RERA will change this scenario fundamentally, one hopes, and the awareness about property insurance will grow further. Dubai is as much known for its successful commerce, as for its shining real estate, which comprises of lavish hotels, shopping malls, Dubai apartments, villas and Dubai hotel apartments. The new property law by RERA will add more value to its real estate.

Quick Home Sale

You can stop repossession with a quick home sale. Repossession is often in the news and more and more people are affected. When you miss mortgage payments, financial difficulty is not far behind. When lenders write and ask you to get in touch, sometimes it seems easier to ignore the letters. Even if you respond, you may not be able to agree on a deal. It's a stressful time, and figuring out how to stop repossession can affect your life and health.

You may not realise it, but you can stop repossession of your house even after proceedings have begun. It's better to do this before you end up in court and there's one sure way to save the situation. Stop repossession with a quick home sale. When you sell your home, you will get the cash you need to repay your debts and your credit rating will remain intact. That means that you have a better chance of getting a mortgage in the future. Making ends meet and talking to lenders can cause great stress. You can end that when you stop repossession with a quick home sale.

Will an open market sale help me stop repossession?
When you use an estate agent to sell your home, then you will probably get a good offer on your home, but how long will it take to get the cash you need? There are no guarantees about the completion date and if there's a property chain you could find yourself without a buyer. How will you stop repossession of your house then? If you need to stop repossession with a quick home sale, then there is a better option.

I need to sell my house fast
Call St Genix Fast House Buyers on 0800 316 7600 to stop repossession with a quick home sale. We are experts in fast house sales and will buy direct, for cash. That means that you get a quick, guaranteed sale. With a sale to St Genix, you get:

A guaranteed sale within four weeks
No need to pay an estate agent
Lower legal fees
A fast way to stop repossession

We promise to complete the purchase of your home within a month. We can do the deal more quickly or more slowly if you need us to. We are happy to work to your timetable so that you can repay your debt when you need to. You don't even need to leave home.

How can I stay at home when I sell my house fast

If you are concerned about how to stop repossession, then you don't need any additional worry. If you sell to an estate agent, you have to move out on completion date. When you sell to us, you don't have to be homeless. You can decide if you want to stay in your home. Just ask about our rent back arrangement. You can rent your home at a fair market figure and avoid unnecessary expense and stressful disruptions.

St Genix Fast House Buyers have expertise in helping clients to stop repossession with a quick home sale. We will buy your property and complete the sale within a month. For a free valuation, call us now on 0800 316 7600