CASH FOR CAULKERS

Heard of the new "CASH FOR CAULKERS" program the Obama administration is proposing?  Also known as The Home Star Program, if approved by Congress it will offer rebates of $1,000 to $1,500, or 50% of the cost, for simple upgrades, such as windows and insulation, duct sealing, and energy-efficient water heaters, for a maximum of $3,000 per home.

Job creation could be a big selling point with Congress. It's been estimated the program could create 168,000 jobs in construction and related industries. (Andersen Windows refilled 600 positions because of increased demand last year driven by a $1,500 energy tax credit, says Jim Humphrey, CEO of Andersen, which currently employs 10,000 people.)

The concept is based on the popular "Cash for Clunkers" program, which helped spur auto sales last year.  While we're awaiting word on congressional approval, you might want to check out sites like Flex Your Power or EnergySavvy.com for current rebates available.  This may be the year to get some of those home upgrades done for greater energy efficiency.  As President Obama says, "Insulation is sexy!"

Honey I Shrunk Our Property Tax Bill!

If you purchased your home within the past several years, it may behoove (don't you love that underused word?) you to check on your assessed value, as it's quite possible you are paying more in property taxes than you should, based on today's lower values.

I recently came across this well-written online article, "How to Get Your Property Taxes Reduced," and thought I'd share it with my dear blog readers.  It may take a little leg- and homework, but hey, if it saves you $$ in the long run, it may be time well spent.

As always, if we can be of any help, don't hesitate to contact us.  And if you have been through this "reduction" process (whether successfully or not) and would like to share your story, please do, and we'll include it (no actual names/addresses, of course) in a future blog posting.

Note:  While cruising sites such as Zillow is a fun activity, please understand such sites do NOT necessarily provide an accurate "market analysis" for your home.  The ChicoLaura Team is always happy to provide that service--no cost or obligation--if you are considering selling your home or need support documentation for your tax reduction effort.