The FED announced today that they would be raising the interest rate up .25% to 1.75%. They are predicting that they may raise the rates to as much as 5% over the course of 2018. What does this mean
Replacing The HVAC
We've been going through some homeowner trials this week! We came back from visiting family over Thanksgiving in Mt. Juliet to discover our heating unit was on the fritz. I tripped the breaker and nothing happened but the unit continued to make a noise. After that we turned it off at the breaker again and called Tansil Heating and Cooling. Tommy came out and evaluated it. The blower came back on and he was able to rig up a temporary fix. It lasted for a few more hours and died again. The official Time of Death was between 1am and 4am Sunday morning. We could start the heating unit up by shutting the breaker off for a little bit but each time it would cut off after one heating cycle.
It was time for a new unit. The unit was original to the house so about 13 years old. The AC needed charged every now and then but overall was running OK until now. Eventually every system on a home needs replaced. This is one FACT of home ownership! Today we have a new unit being installed which no doubt will be more energy efficient than the one installed 13 years ago. A new unit can also be a great selling feature for a home. It won't change the price of a home but when you have a newer unit buyers see it as a tremendous plus! Since the major systems on a home tend to be expensive they don't see it as something they will have to spend money on for a long time.
The two major systems buyers look at first tend to be the HVAC and the Roof. Always make sure when selling that you are aware of any potential issues and what you might have to do to accommodate a buyer. If it's an old HVAC unit that is in good condition a home warranty might be a great option to offer the buyer.
As always if you would like me to evaluate your home to see what needs done in order to sell please give me a call! (931-674-1727)
Dave Townsend has been a resident of Spring Hill, TN since 2007. He is a home and garden expert and has worked with home improvement companies on marketing campaigns. Dave is a member of the Gillig Gr....
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