It has been a pretty long tradition now to have a different rate for electricity depending on time of day.
I think that part of that penalizes a lot of people though, since the most expensive period is when people come back home from work (the greater majority at least.) A time when people play on their computers, watch TV, run their laundry…
Here is the table showing the rates for the summer of 2019:
|12:00 AM to 12:00 PM|
Midnight to Noon
|12:00 PM to 5:00 PM|
Noon to Evening
|5:00 PM to 8:00 PM|
Evening to Late Night
|8:00 PM to 12:00 AM|
Late Night to Midnight
Stay cool and enjoy your summer!
The legislature passed a new law specifying that a $75 tax must be charged to people who want to have a lien released. This law came into effect on January 1st, 2018 and some people have been charged these $75 to remove a lien, whatever the type of lien. Continue reading “Did you pay a $75 tax to clear non-Real Estate liens in 2018?”
The summer season is when most of the wildlife comes out and there is still a lot of it in the Sacramento area, especially in the outskirt and along the river since we saved a pretty large natural area around the river exactly for that purpose (and also to provide space in case of large water flow in an attempt to avoid or at least reduce river floods which would happen every few years before we had the Folsom Dam and the Natoma Lake Dam.) Continue reading “The Wildlife in the Summer Season in Sacramento, California”
When investors look into wholesaling a house, they generally already have interested buyers and go in the transaction knowing that they will be able to pretty much immediately flip the house.
If you are a beginner, you want to pay attention to the costs of such a transaction. If you handle everything yourself, then you avoid the commission costs to any agent, which means you can nearly see your income as the difference between your purchase and sale price. However, either way, there are fees.
Continue reading “Investors who want to wholesale a house, beware of the agent’s commission!”
Smoke Alarms are required in all buildings, residential and commercial. This page is about the history, functionality, and current requirements of smoke alarms.
How Does It Work?
Ionization (Modern Alarms)
Modern Smoke Alarms, first invented in the 1930s, use quite advance science. It has to detect that your house contains smoke (see What Is Smoke? below) early enough so you have time to escape. Continue reading “Smoke Alarm”
The Federal Housing Administration (FHA), which was in part created by the National Housing Act of 1934, puts out various rules about their loan offers and insurance. In general these rules are expected to protect the market from a crash such as the Great Depression crash.
One of the rules, to limit price hikes, is to require flippers to sell homes 91 days after they purchased it. The time elapsed between the purchase and the sale must be at least 91 days. The attached document, Handbook 4000.1, FHA Single Family House Policy Handbook, includes the exact rules used by lenders to know whether an FHA loan is allowed or not. Continue reading “FHA 90 day Rule applies to the Insurance”
WARNING: I’m not licensed to offer mortgages nor a CPA. The following is just my opinion and should be taken with a grain of salt. Please seek professional advise before acting on any of the following.
What does HELOC mean?
The HELOC acronym stands for Home Equity Line Of Credit. It is often pronounced Hee•Lock.
As we understand, this is a way to get some money from your bank to use as required (Line of Credit) with the loan secured by your home (Home Equity as Collateral). In other words, the principal that you already paid on your home can be converted to a line of credit. Continue reading “What is a HELOC? how does it work? Compared to a mortgage?”
One aspect of homeownership, which is often missed, is the social benefits that it offers.
Although it may not look like it to you, with ownership comes responsibility and with responsibility you get social interactions and in general a better living environment. Continue reading “Homeownership Has Social Benefits”
Whenever you install a stove, a microwave, a range hood, an oven, or other similar appliance in your home, there are many guidelines to follow. Some of these are actually rules that have to be followed. Continue reading “Installation Compliance of Kitchen Appliance”