Archive for category Being Green
The easiest way to order motorized blinds is what I like to call “plug and play”. A wireless system either plugged directly into an outlet or, more practically, powered by a battery tube full of AA batteries hidden behind or beside the blind. A very clean and economical option, especially if you only have a hand full of blinds needing motorization or if the drywall is already up. I changed my own personal bedroom shades to motorized honeycomb shades operated by a battery pack, I now use them about 3 times as much for the convenience they offer.
Doing a renovation will increase the value of your home.
But there can be pitfalls, if like anything else you don’t have a plan in place to pay for it.
Many home owners will use all sources of their available credit to pay for the improvements as they work progresses. The situation becomes difficult when all sources of credit become maxed by the time the work is done. Making numerous payments can be a struggle, so a refinance or consolidation is often the only way to turn. The problem is if all credit is maxed out, your credit rating is likely impaired, sometimes to the point that your bank can’t lend because of your credit score.
You might have painted yourself into a corner so to speak.
This is why considering a Home Renovation Mortgage at amazing rates should be part of the renovation plan!!
Check out the best rates so you can determine what the improvements will cost with one low payment.
Yes that’s right, whether you are buying or refinancing, you pay for your renovation within your low rate mortgage through CMHC or Genworth
You’ve got the tools, so just apply today and get a Renovation Mortgage!
This article is courtesy of Elfie Hayes of Mortgage Intelligence in Oshawa.
Home buying, refinancing, renovation and home improvement, commercial lending, reverse mortgages and more.
Mortgage Intelligence Oshawa is your One-Stop Mortgage Center in Durham Region!
The Building Envelope
In my experience, building energy efficiency into your home is the best investment you can make. Improved indoor air quality and reduced energy costs are long-term benefits that will ultimately pay dividends to you, the homeowner. A well-maintained building envelope saves energy in two primary ways. It prevents the uncontrolled flow of outside air through the building and increases the thermal integrity.
If possible, design and orient your home on your building site to maximize day lighting and solar gain. Address the “Building Envelope” as you undertake this important aspect of your build by paying close attention to key aspects:
- Use under-slab basement insulation, even if you are not heating the slab.
- Insulate your basement perimeter the full height and incorporate a thermal and damp proof break between the concrete and the insulation.
- Spray foam rim joists cavities. This is the best way to achieve a tight seal.
- Main and upper level perimeter walls should have a minimum of 6” cavity insulation complete with insulated sheathing to address thermal bridging.
- Ceiling insulation should achieve a consistent R50 level along with adequate ventilation.
- A superior insulated building envelope is not complete unless accompanied by a tightly sealed air/vapor barrier along with a protective rain-screen where required.
- Windows and doors should seal tight when closed and all glass should be at minimum double-glazed with LowE/Argon, with a preference for triple glazing and LowE/Argon. It is imperative to seal around all doors and windows with spray foam for a tight seal.
- Seal tight all electrical boxes, pot lights and envelope service penetrations.
- Now that your home is sealed tight, installing a Heat Recovery Ventilator is imperative. It will serve as “lungs” for your home, by continuously exchanging the stale air in your home for fresh outside air. The HRV will need to be balanced by a qualified professional to maintain equal pressure in your home. “It is more efficient to control the draft in your home than it is to have a drafty house.”
- Use quality materials and equipment and qualified installers to ensure your whole house system functions properly.
When you make this investment in your building envelope, the heating and cooling equipment you choose will achieve its intended efficiency, reduce your home’s operating costs and increase your indoor comfort.
To quote one of our clients, “The money I save on energy costs more than pays for the increases in property taxes.”
For alternative options on building sustainable homes visit Steve Snider Construction Today!
Energy Efficient Window Coverings
One of the most overlooked aspects of energy efficiency is the big gaping hole that exposes between 10-15% of your entire your home…your windows. The most energy efficient windows in the world still cannot compete with the insulation value of your walls and roof; therefore we should all make a conscious effort to give those windows a boost.
Window Coverings greatly improve the insulation value of your windows. Here is a non-technical fact: Closing your window coverings when it is hot/cold or when the room is not in use will without question cut down your utility bills. The question you need to ask yourself is: are your blinds doing enough? If you are looking at your window coverings and they are dusty metal venetian blinds or broken plastic verticals the simple answer is No! Any window covering is better then nothing, but there are some that supersede them all.
The most popular insulating shades are the Honeycomb type. The most effective honeycomb shade is made by Hunter Douglas and called the Duette Architella . Without going into too much detail (Google Duette Architella and you’ll find a plethora of information) basically the blind has a honeycomb inside its honeycomb creating four layers of trapped air that acts as an insulation barrier essentially doubling (or tripling depending on your window) the insulating value of your window.
Article Courtesy of Kevin Slack of Sunshade Blinds and Drapery
Energy-Efficient Housing Made More Affordable with Mortgage Loan Insurance-CMHC
More than 17 percent of the energy consumed in Canada is used to run our homes. Buying an energy-efficient home or making energy-saving renovations can offer big savings. A 10% CMHC mortgage loan insurance premium refund and extended amortization period without surcharge may be available when you use CMHC insured financing to purchase an energy-efficient home or make energy-saving renovations.
Mortgage Loan Insurance
For most people, the hardest part of buying a home— especially a first home — is saving the necessary down payment. To help, CMHC offers lenders Mortgage Loan Insurance, which allows you to buy a house with a minimum down payment of 5%. Offered through most financial institutions, this simple solution has enabled millions of Canadians to realize the dream of home ownership.
CMHC made dreams of home ownership easier to obtain by allowing qualified home buyers to use additional sources of funds for down payments such as a loan or lenders’ cash back incentives.
Help the Planet, Help Your Wallet
CMHC has added environmentally friendly features to the Mortgage Loan Insurance it offers. If you use CMHC insured financing to buy an energy-efficient home, purchase a house and make energy-saving renovationsor renovate your existing home to make it more energy-efficient, a 10% refund on the Mortgage Loan Insurance premium may be available. You could also have the added flexibility of an extended amortization (up to a maximum of 35 years) without a premium surcharge.
This article provide by Elfie Hayes of Mortgage Intelligence Oshawa. Call 866-452-1100