Archive for the ‘Home Improvements’ Category

Tax Credits See Positive Outcome, Which is Soon to End

Monday, September 13th, 2010

The reinstated federal tax credit for home owners will come to an end this December as it has already seen a positive outcome for energy efficient home purchases. The tax credit has allowed for plenty financial incentives as home owners can apply for a 30% tax credit while taking advantage of the money-saving benefits of energy efficient products. The tax credit was reinstated last fall, courtesy of the Bush Administration and at first offered only 10% credit on remodeled homes with a lifetime cap of $500. However, home owners were not very responsive to this plan, which soon yielded the triple increase of 30% and $1,500. The increased tax credits and extended deadline for applications have shown a boost in the already largely popular “going green” movement for a better future for the planet.

The incentives for home owners to remodel their homes for aesthetic value as well as energy value have helped older homes become environmentally friendly. According to a California study conducted in 2008, 70% of green house gas emissions are attributes to older homes built before 1983. With environmental and monetary benefits in mind, the tax credits have definitely proved to help the nation make strides towards energy efficiency while putting money back into the country’s pockets. However, these tax credits are not going to be accepted for much longer. The reinstated tax applications will end in just four months and it is vital for any home owner to submit now or lose out on their refund.

The tax credits are applied to products implemented from January 1, 2009 through December 31, 2010 with a $1500 maximum back for all combined purchases. If you’ve had anything from new roofing installations to energy efficient windows or skylights added to your home, you’re eligible for a tax credit.

Replacement Windows and Siding Have New EPA Requirements

Saturday, March 6th, 2010

(I-Newswire) February 25, 2010 – On April 22, 2010, the new EPA rules for Lead Renovation, Repair and Painting go into effect. Replacement windows and siding fall under the new rules. The new rules are meant to protect young children and pregnant women from lead poisoning from lead based paints. The new rules require the containment of any renovation related dust and extensive clean up after the project is finished. Window World MN is a lead certified firm. Its crews are trained and the company is positioned to be in full compliance with the new regulations.

A large list of training, certification and work practice requirements are called for by the U.S. Environmental Protection Agency’s Lead-Based Paint Renovation, Repair and Painting (RRP) Program. The RRP Program takes effect in April 2010. By then, renovation firms must receive EPA certification to disturb lead paint as part of their work in pre-1978 housing and child-occupied facilities. All of these jobs must be supervised by certified renovators; individuals who have completed an EPA-accredited, training course. Plus, other crew members on such job sites must be trained and equipped to follow the RRP Program’s lead-safe work practices while performing their work.

This EPA program is a federal regulatory program affecting renovation firms and individual workers who disturb lead base painted surfaces. It includes renovations to residential houses, apartments and child-occupied facilities such as schools and day-care centers built before 1978 and containing lead based paint. Renovation is broadly defined as any activity that disturbs painted surfaces and includes most repair, remodeling and maintenance activities, including window replacement and siding replacement. Under EPA’s RRP Program, both construction firms and individual workers who perform (or direct other workers to perform) renovations must be certified by EPA by April 2010. In addition, all crew members must be trained on the lead-safe work practices that they must use when performing their work. The certified renovator is required to ensure that the renovation is performed in accordance with the work practice standards of the RRP Program, among other things. These requirements pertain to warning signs and work area containment, the restriction or prohibition of certain practices, waste handling, cleaning and post-renovation cleaning verification. “We are ready, willing and able to do renovation work with homes containing lead based paint. Contract with us and you will know your project will be completed correctly under the new rules.” says Terry Derosier, President of Window World MN.

The new EPA requirements for lead renovation, repair and painting go into effect in April 2010. The rules protect children and pregnant women from exposure to lead created by renovation projects. Window World MN is an experienced lead certified company, which has completed the required worker training. The company is in full compliance and is continuing to contract for lead based replacement window and siding projects under the new rules. Find out more here about the new rules and replacement windows and siding.

Home Expo vendors optimistic of rebound

Saturday, March 6th, 2010

For Steve and Joyce Jenson, this weekend is one more step toward building their new house.

“We love to see the new innovations, the creativity,” said Steve Jenson, of Franklin. “Everybody has something different every year.”

More than 100 businesses are scattered throughout the Sloan Convention Center this weekend as part of the Builders Association of South Central Kentucky’s Home Expo – an annual event that allows home-related businesses to showcase their products and services, and gives residents home improvement ideas.

“We know with the economy picking up a little bit, we’re hoping more people will come out to see what is available,” said Anita Napier, chief executive officer of the builders association. “We’re having a really good turnout right now.”

Crowds shuffled past booths, stopping to admire drawer handles, door frames, window shutters and other items. A variety of businesses, from landscape companies and interior decorators to banks and security system providers, were on hand.

Vendors handed out information, gave home buyers and home builders tips and even generated some business deals.

“You get that individual contact with the homeowner. You can answer immediate questions,” said Kat Darnell, show specialist for Dixie HomeCrafters in Nashville. “We would rather have eyeball to eyeball contact.”

Officials hope more than 2,000 people attend the event, which was first held about 30 years ago. Since then, the event has grown, even though the economy has slumped over the past couple of years.

Several vendors said they have been affected by the weak economy, but are optimistic that business will rebound.

“It’s slow just like everything else,” said Judy Sawyer, operations supervisor for Nashville-based Patio Enclosure Inc. “But we’re hanging in there … this year, phones are ringing off the hook. It’s coming back.”

At the other end of the room, Darnell was peddling her company’s signature item, the Gutter Guardian, which keeps debris out of a home’s gutter system.

“It’s difficult,” Darnell said about business this past year, “mainly because of financing, not the desire of people to do it.”

Over the past two years, financial institutions have tightened lending regulations, making it more difficult to get a home loan, which, in turn, hurts home-related businesses.

Still, some businesses have received a helping hand over the past year. Federal tax credits for home buyers and for consumers who purchase energy-efficient home products have boosted sales for some companies.

The energy tax credit has helped business at Window World in Bowling Green, which specializes in energy-efficient replacement windows, said Frank Farris, senior home remodeling specialist.

In fact, business this year has been “very good,” he said. “We’ve stayed busy.”

Other factors have benefited housing businesses. At Pool and Spa Depot in Bowling Green, the bad economy has been challenging, but it also has been helpful.

“The whole concept of stay-cation has kicked into high gear,” store manager Jerry Lankheet said. “We’ve seen people who have decided to spend money on (items to put) in their backyards or game rooms instead of going on vacation.”

Sales also tend to be weather-driven. As temperatures improve, people become more willing to purchase items, Lankheet said.

“Just the last couple of days, our store has been crazy,” he said.

But, for this weekend, many businesses have opened a temporary storefront at the convention center, marketing their products to people, such as Rita Trammel, who is preparing to build a house.

“We’re just getting started,” the Scottsville woman said as she inspected some showcased doors. “It’s the first time we felt like we could.”

— The Home Expo continues from 10 a.m. to 8 p.m. today and from 12:30 p.m. to 5 p.m. Sunday. Tickets are $8 for individuals, $15 for two tickets and free for children accompanied by an adult. The expo also features door prizes, seminars and workshops.