Revised 6/25/2015: I posted the exact same poll included in the prior blog entry to www.NextDoor.com, which in my case includes Old Towne Orange and several surrounding neighborhoods. In addition to the votes, there were also 86 comments regarding the University's proposed expansion -- the majority of comments were anti-expansion, however there were several comments regarding well-behaved students/tenants and enthusiasm for Chapman's proposed growth -- included in the 86 comments were a handful regarding Orange public schools as well. The results of the poll were as follows (with 86 votes -- more statistically significant than the handful of votes on my blog poll) are shown below. If you would like to read the comments, simply login to www.NextDoor.com to view and/or join the discussion:
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I attended last night's City Council meeting and, as expected, there were several speakers that exercised their right to speak for up to 3 minutes on a topic not on the current meeting's agenda. By my count, there were 6 speakers who eloquently spoke for their allotted time regarding their opposition to Chapman University's proposed expansion within the City of Orange. Which got me to thinking -- aside from Chapman University themselves and their consultants, at the Chapman scoping meeting of a week ago, at last night's City Council meeting, and on a long thread on NextDoor.com regarding the subject, I haven't heard anyone overtly support Chapman University's proposed expansion. One online commenter did express that she had 2 different groups of Chapman young men living next to her over a 2-year period and that they were all well behaved and only had the occasional weekend party. So while not directly supporting the expansion (my words -- not hers) she did want to acknowledge that not all of the off-campus students were problematic -- fair enough. So what do you think? Results are anonymous and you can only vote once (theoretically). If there is enough response by June 15, 2015 I will pass the results on to the City of Orange -- so let your friends know and have them vote! ![]() Drones seem to be everywhere one turns these days, and real estate has not been left untouched. But is there a benefit or are drones just another gimmick to make the listing agent seem "hi-tech" and on top of the latest trends? While I'm an early adopter of many technologies, I can't jump on the drone bandwagon. Most of the aerial shots of real estate that I've seen look exactly as you would imagine -- a picture from 50 ft. above the house, with a slight fisheye effect from the usually lower-quality wide-angle lens. I suspect if Google Maps/Earth and the the like weren't so prevalent, this might be beneficial, but we've all been able to get the same (or a very similar) perspective for several years by simply logging onto our computers. Would that view compel me as a buyer to consider a particular home over another? Probably not. Recently I ran into another use of drones in real estate -- during a home inspection. The inspector used a drone to "inspect" the 2nd story concrete tile roof. Most inspectors will use binoculars if the roof is too tall and/or has too steep of a pitch on which to walk. Likewise, they will avoid walking on concrete or clay tiles to avoid breaking them. When the inspector first mentioned it, I thought the idea might have merit -- then I saw the photo (upper left corner of this post) included in the inspection report -- not much substance -- it would have to be a HUGE problem to even be noticed! But I guess now the home inspector has a cool toy that he can write off as a business expense as it's used in the course of his work. He's happy, his wife is happy, and the client believes that their inspector is "hi-tech"! Disclosure: This is not the inspector that I generally use -- this inspector was retained by the buyer of one of my listings. ![]() On August 1, 2015 buyers, sellers, Realtor, lenders, escrow companies, moving companies, and generally anyone involved with the purchase or sale of a property, and its aftermath, will be impacted by the new Truth in Lending Act (TILA) requirements. On the surface, the revised forms and timeframes are designed to assist consumers in making informed choices -- that's a good thing. I can speak from experience -- when I purchased my first home in the mid 1980s (from the builder) no one mentioned anything about "closing costs". When escrow called me to have me bring in my funds a few days prior to closing, the number that that quoted me was wildly above my expectations -- I had to scramble to come up with a few extra thousand dollars that I wasn't anticipating -- all very stressful! And it's not uncommon to meet with first time buyers today who, after learning of the incremental impact of closing costs, elect to put things off for a few more months while they save up the necessary funds. The new forms should be more straightforward for buyers to understand (I use a spreadsheet that I've developed to essentially accomplish the same objective - to lay out ALL of the expected upfront and monthly costs involved with purchasing a home) and is to be delivered by the lender to the buyers no later than 3 business days after the loan application is completed/signed. No problem there. Where the industry might run into issues is with the final set of paperwork required to be delivered to the buyer, which compares the initial estimates with the actual costs -- again, a good thing for consumers (and in an easy to understand format). Where the law of unintended consequences might strike, is that it must be delivered to the buyer at least 3 business days prior to loan docs being signed. While it sounds good in theory, it may cause some issues. A last minute credit from Seller to Buyer that changes the APR by more than 1/8th of a point? New TILA documents and a new 3-day waiting period. "But wait a minute, I've got the movers scheduled for this weekend!" Sorry, you will need to reschedule (if you can). "Escrow forgot to credit me the $$ that we negotiated for repairs!" Oops -- new TILA documents may have to be sent out -- another 3 day waiting period goes into effect. Factor in 2 or 3 houses that need to close concurrently so that buyers and sellers can "move-up" and the situation gets even worse! It will be interesting! Click here for additional information. ![]() I attended the scoping meeting last night for Chapman University's proposed modifications to its current Specific Plan. It was kind of a bloodbath, as expected. On the one hand, Chapman wants to expand its campus and student enrollment, and on the other, residents of Old Towne Orange are pushing back hard. The primary issue (based upon audience comments from last night and the neighbor-to-neighbor meetings I've attended) appears to be the students themselves. Chapman University does a commendable job of adaptively reusing historic structures, blending new structures into the current environment, and restoring historic homes that they own near campus. But there are enough problematic students living in the Old Towne Orange area (and well beyond, as I learned at the meeting) that the aesthetics of the architecture and restoration are overshadowed by the unruly students. Chapman doesn't currently have enough on-campus housing to provide for the majority of its students, but wants to continue to increase the enrollment while providing additional housing along the way (but still in woefully inadequate numbers to accommodate current enrollment, much less expanded enrollment). Therein lies the paradox: As Chapman, Chapman parents, and investors acquire residential properties to house students and faculty, more students--not fewer--are housed off campus and into residential neighborhoods (and not within the confines of the campus); In addition, if bought by Chapman University, those homes are then no longer available to the general public for purchase, in all likelihood, forever. As Realtors, we can't control who purchases homes - that is the responsibility of the seller. While many sellers want to find a nice family to inhabit their home and create memories just as they did, ultimately most concede to whomever is willing to pay the highest price -- it's just human nature. In many cases that may be an investor, a Chapman University parent, or Chapman University themselves. As noted prior, if Chapman University procures a residential property, it is one less home in the local inventory that we have to sell in the future. From a quality-of-life perspective, I think that the City of Orange also has some responsibility to make certain that local ordinances and codes are enforced, especially when involving occupancy and parking issues. The City of Berkeley has done just that (click here to read their local ordinances regarding students in residential areas - mini-dorms). To be fair, I suspect that the majority of Chapman University students are decent humans -- but it only takes a small percentage of the student body to create the wrong impression in the community. I like to think that there is room for compromise -- as we get older we tend to forget that we were younger once and likely caused some of the same problems when we were in college. But I also recall having a healthy fear and/or respect for adults when I was that age -- some of that may not be present in the current generation of college kids. In the interest of full disclosure, I also don't live next door to a Chapman party house -- for those folks that do, I'm sure it's a different story. Whether you are for or against Chapman University's expansion in Old Towne Orange, I would encourage you to make your voice heard. Contact the City, the City of Orange Planning Commission, and the City of Orange City Council Members -- especially Planning and the City Council, as they will be the ultimate decision makers. This will be an interesting process. Click here for a recent article from the OC Register on the subject. Direct your comments, for or against, to be included as a matter of public record for the environmental impact review (prior to June 15, 2015) to: Anna Pehoushek Acting Assistant Community Development Director City of Orange [email protected] The photos above are of an old house in the small, historic town where I grew up (Astoria, OR). It was right around the corner from the grade school, so I would pass it often. It has been owned for many, many years by a prominent, but somewhat reclusive family -- although has been mostly vacant since about 1990. The harsh weather in the region and neglect have taken their toll. The good news is that it was recently purchased by the owners of a local lumber yard, and hopefully the restoration will begin. The house is 4,600+ sq. ft. (if one is to believe the news reports) and sits on a large lot with a view of the river. Click here for the recent news article regarding the property. And a blog chronicling the restoration process (click here). Ancestors of the same family also built another prominent house in town, which has been restored and is now a museum -- photo below. There are better photos of this property online -- I chose the photo below as it has people on the front porch, which gives you a feel for the scale of this property. Look at the height of the front door compared to those folks -- this place is massive! For additional photos online, click here. ![]() Next week, Wednesday, May 27 from 6PM - 8PM there will be a scoping meeting, open to the public, regarding Chapman University's proposed amendments to the Chapman University Specific Plan. The meeting will be in the Weimer Room at City Hall in Orange. If you live in Old Towne Orange, or enjoy Old Towne Orange in its current state, you definitely want to attend this meeting! A few of the highlights from their proposed amendment:
There was also a phrase embedded in the document that could be nothing, or it could have a much larger impact. The phrase is as follows: "an enhanced circulation discussion". What does that mean? Does it imply closing off streets, or multiple streets, to make the campus more contiguous? For whom is circulation being enhanced? Students or residents? The list of construction and demolition projects is long (and expected to be completed over the next 10 years), and will impact Old Towne Orange for not just the next 10 years, but for many, many years to come. So what are your thoughts on the matter? Has Chapman University's expansion and influence been positive or negative for Old Towne Orange? I suspect that an argument could be made either way. I'm anxious to know what YOU think! ![]() On the front page of my website, I publish the current number of "Active" MLS listings in Orange as of that morning. Many graphs and news articles also include properties that are in "Backup", which indicates that they are under contract (in escrow) but will entertain backup offers in the event that the current escrow fails. That number will be higher as it incudes both Active and Backup listings. I think that showing only Active listings gives prospective buyers and sellers a more accurate view of the market. Is it a Buyer's Market, a Seller's Market, or somewhere in between? As of this morning, there are 210 "Active" listings in Orange. But what does that mean? Is that good or bad? From a recent historic perspective, when the market was white hot in 2004 and 2005, for example, it was not uncommon for there to be only 75 to 85 properties that were "Active" in Orange on any given day -- clearly not enough inventory to satisfy the overwhelming demand at the time. When the market crashed in 2008, the average number of "Active" listings in Orange shot up to over 825 properties! An increase of 860%! Over time, that number decreased to about 350-400 properties on any given day, which produced a fairly balanced market. A buyer could evaluate multiple properties, consider which worked best for them, make an offer, and receive a response (and maybe even some concessions) within a reasonable time. For sellers, they had to have their homes on the market longer, but could generally negotiate reasonable terms on their replacement property. Over time, inventory slowly receded, until towards the end of 2012 the average number of Active listings had dipped below 100 properties again. There were expectations that the number of listings would gradually increase in the spring of 2013, as is common seasonally -- but that year it didn't happen, and prices increased in Orange approximately 27% -- lack of inventory, low interest rates, pent-up demand, and investor activity were all contributors. Since that time, inventory has slowly crawled back up to approximately 200 properties (although it has been in the 170-180 range for the past few months). So this morning's count of 210 properties indicates that we still do not have enough inventory to satisfy demand. Just a little perspective as you look at that number on the home page each morning. ![]() I stand corrected on the City of Orange not putting the number of gallons per unit on the front of the bill -- I just received my latest bill and in the green margin (on the front of the bill) it clearly states 1 unit = 748 gallons. My bad! I also noticed that my water usage for the current billing period isn't quite as voracious as I thought, as it covers almost 2 months (57 days to be exact). So here's my stats:
At least I'm well shy of the 750,000 - 1M gallons/year that some of the elected officials noted in the recent OC Register article (click to view) are using. As I've adjusted my sprinklers per the new State of California guidelines, it will be interesting to see the impact on my next billing cycle (dead lawn aside, ha ha!). Let's hope the elected officials adjust their sprinklers as well! ![]() While driving in the middle of a pounding rainstorm this afternoon, I pulled over to park and check my emails. There just happened to be a message from the City of Orange indicating that there was now mandatory water cutbacks in effect. The ironic part (other than the pouring rain outside of my window) was that the City had also sent another message, an hour prior, offering sandbags (and sand) should I have any flooding issues! In any event, it appears that we'll all be forced to restrict watering our lawns from April-October to twice per week, no more than 10 minutes per station, and not during the day (between 9AM-5PM). In the winter months, only once/week. Also, no watering your lawn within 48 hours of a measureable rainfall -- which makes sense. I have a friend who is very good about reminding people, via FaceBook, to turn their sprinklers off each time it rains -- I think it's a great idea (and now it's the law!). If you don't have a sprinkler timer with a rain delay feature, I would highly recommend purchasing one. A few years ago I replaced my timer with a much more user friendly model (click on photo attached to this article). I liked it so much I purchased one for a rental property of mine as well -- easier for the tenants to "drive" and I would know how to use it too if they ever had questions! It is much more intuitive than my old unit. The current unit allows you to delay the sprinklers coming back on for up to 72 hours -- it will come in handy during our current drought season. And if I notice that my neighbor's lawns are a lot greener than mine in the upcoming months, I'm going to be very suspicious, ha ha! ![]() When listing and selling a house, it is the owner's responsibility to disclose any known defects in the property (although there are exclusions for some trusts and probate situations -- although best to disclose known situations nonetheless) to the prospective buyer of the property. I recommend to my clients that they carefully consider whether they would want to know about a potential disclosure item if they were purchasing the property. If the answer is "yes" then it's a good candidate for disclosure. Some situations are a "no-brainer" -- for example recent mold discovery and remediation should always be disclosed. Known asbestos in the house? Disclose! Inoperative appliances, faulty electrical, plumbing issues, roof leaks? Disclose! Pets in the house? Disclose! A death on the property within the past 3 years? Disclose! Death of someone from AIDS in the house? Technically, one doesn't have to disclose this situation, but a good idea to disclose anyway (and if asked specifically by the buyer, definitely disclose!). A new freeway on-ramp being built next to the house within the next few years? Disclose! Known sexual offender in the neighborhood (on Megan's List)? Disclose! Added a room, installed a new water heater, furnace, roof, pool, plumbing, or electrical without proper building permits? Disclose! Loud noises in the neighborhood (neighbors, trains, planes, motorcycles, freeway noise)? Disclose! Poor cell service in the house -- I would disclose. But there are also gray areas -- the roof leaked 5 years ago, was professionally repaired by a licensed roofer and hasn't leaked since? Likely not critical to disclose, but wouldn't hurt -- providing documentation that it was repaired goes a long way as well -- and shows that you have nothing to hide. A roof leak that you repaired recently, but that may or may not have been thoroughly rain tested? Definitely disclose! Cracks in the slab under the flooring that you don't know about or have never seen? How would you know to disclose? But if you saw the cracks in the floor when the flooring was being replaced, then disclose! When a buyer closes and takes possession of a house, it is not uncommon for them to find things (mostly small) that were not disclosed by the seller and/or did not become known during a home inspection. In many cases, the seller was not aware of the situation, and therefore did not have an obligation to disclose. However, if the buyer learns, from discussions with the neighbors for example, that a seller knew about a particular item, and did not disclose it, the buyer may have recourse against the seller. So always better to over disclose than under disclose! While reading a recent OC Register article regarding personal water usage by various OC public office holders, I noticed that the article referenced how many gallons of water each person's household was using each month. "Amazing" I thought to myself, "Our elected officials even get special water bills that tell them how many gallons of water they're using each month" unlike us mere mortals that get water bills that measure water only in mysterious "units" of water used. Which got me to thinking how much water does my household use on average? But I wanted the answer in gallons, not cubits, acre-feet, or liters or some other oddball measurement -- good old Imperial "gallons"!
So I turned my bill over, and in small print, which was also very faint, there was the magic number: 1 unit = 100 cubic feet! Not the number that I was looking for, but it was a start. Reading further, they finally admitted that 100 cubic feet of water equaled 748 gallons. Would it kill them to put that on the front of the bill, and have their computer make that calculation instead of us consumers having to hunt it down? The good news is that now I know that I use way too much water! Time to cut back (some more). ![]() I had an opportunity to drive through the new "scramble" (or "Barnes Dance" intersection -- named after the inventor of the unique configuration) near Chapman University today, which was kind of interesting. I think it will work out well if everyone plays by the rules:
What I hadn't absorbed prior to reading more about these intersections is that at any given time the intersection should be either "all cars" or "all pedestrians". I just assumed that there was some sort of complex traffic algorithm that allocated specific time slots for cars and pedestrians in various patterns -- nope. Very simple: All cars, or all pedestrians. I think it will take awhile to get used to, especially for the pedestrians. For example, today I was heading North on Glassell, and needed to turn West (left) on Palm. When the light turned green, I eased into the intersection and waited for a break in oncoming traffic in order to turn left as I normally would. In theory, I should no longer have to worry about pedestrians darting in front of me (in this case, crossing Palm from Bruxie towards the law school) but of course the pedestrians see the green light (for the cars) and figure they have the right of way and can race across, completely defeating the purpose. I'm sure we'll all figure it out eventually. In the meantime, be alert! ![]() I was just reading an article in Money magazine aimed at recent college graduates with tips for them on saving and managing money. One of the items noted was to not be ashamed to live with Mom and Dad for awhile after graduation, as it's a great way to save money and to get on your feet as you start out in your new career and young adult life. It reminded me of a client of mine, whose two daughters (just a few years apart in age) both graduated from college and elected to live with their parents for a few years. Both had good jobs in the financial industry, and between the two of them saved approximately $100K within 2-3 years. With that money, they purchased a very spacious, contemporary townhouse in an urban location (walking distance to restaurants/shopping/entertainment and great access to local freeways) which they share -- now their monthly living expenses are fixed, and far below what they would pay in the local rental market. What a great financial start for both of them, now in their mid-20s! Along those same lines, a friend of mine recently wrote a book on finance, also directed squarely at young adults (although applicable at all ages) and how they have the benefit of time on their side to make great investment decisions. Disclosure: He didn't write the book to make $$ -- he's a self-made guy (software) that learned through trial/error how to successfully manage his own money. It is a quick, enjoyable (and easy to understand) read -- takes about 45 minutes -- and includes a couple of easy-to-use planning spreadsheets. I would highly recommend for any young adults that you know that are just starting out in life -- from high school, college, trade school, or the military. It is available from Amazon.com (click) in Kindle format for $2.99 (free Kindle reader software is available for just about every mobile device and PC) -- The title of the book is (click to see on Amazon.com): Look Forward: Plan, Save, and Reward Yourself -- Financial Planning is not Rocket Science by Larry Hennessey. Update: October 26 2019 - The author, Larry Hennessey, has graciously offered to provide the booklet free of charge to readers of my blog. Click here to download a copy! ![]() 11/13/2019 - I thought I'd update this post a little, as power outages (due to power company utility shut-offs as a pre-emptive measure to mitigate forest fires has been in the news of late in California). As noted in my original post it's a good idea to consider a generator that will run on propane or natural gas. There are few inverter type generators that come from the factory able to run off of propane, but Champion has a model that came out a couple of years ago that might be a good fit for many households. It's a 3400 watt dual-fuel (gas or propane) model, so will run quite a lot in the average household, including possibly a small window air conditioner. Of course the trade-off, being a larger unit, is that it will use more fuel and is heavier than the 2000 watt models mentioned below. But it does have wheels, and electric start, which are advantageous. The cost is a little over $1,000 - (Update - 8/19/23 - Champion also now has a dual fuel 2000W model available on Amazon for about $550 that is occasionally on sale for $449). I've posted a photo of the models below. Another option is to purchase a gas-only model (Honda, Yamaha, Champion, Ryobi, etc) and convert it to tri-fuel (gas, propane, or natural gas). The kits cost about $200 and you'll need to be reasonably mechanical (or know someone who is) to install the kit. Here is a link to a supplier that I've successfully used: www.MotorSnorkel.com - the benefit to this type of kit is that you can use 20 lb propane bottles (high pressure LNG like that used with your BBQ) or attach directly to your home's natural gas line (low-pressure natural gas). You'll want to have a licensed plumber install an attachment point for natural gas use, or you may be able to use the attachment point for your existing BBQ if it currently operates off of your home's natural gas supply. Note that with low-pressure natural gas you'll get slightly less performance from the generator, but you'll have virtually unlimited runtime as you won't run out of fuel, assuming that natural gas is still flowing to your home. Another item I mentioned in my prior post was a transfer switch. I think as most transfer switches are sold in areas with inclement weather, the majority seem to be designed for interior installation, while many main electrical panels in California are on the exterior of the house. I opted for a transfer switch that is rated for exterior use (it sits next to the main electrical panel) and is a 4-circuit model. There are models with many more circuits, but as noted prior, are mostly for interior installation. As my generator is small (2000W) it works perfectly to power the refrigerator, a few lights, the TV, and a few electrical outlets to charge the phone, power the internet router/modem etc. I've posted below a photo of the 6-circuit model of the transfer switch that I use -- similar profile but only 4-circuits and no power meters (the connection on the bottom of the box will be different as well, but should be compatible with the Champion generator noted above). ************************************************************************************** 4/7/2015 My sympathies are with the survivors of the recent Nepal earthquake -- very devastating and it seems like we haven't heard the worst of it yet. But could we be next? As we've all been told for many years, L.A. and Orange County is due for a massive quake at some point in the not-too-distant future, with all of the accompanying devastation and chaos. One of the things that struck me during the aftermath of Hurricane Katrina and Hurricane Sandy was that the lack of electricity was a game-changer. We've become so dependent upon electricity that it is more than just an inconvenience. Which got me to thinking about the importance of having a generator during a natural disaster. But it's a tough investment to swallow here in California, as it is something that we may never use if the "big one" doesn't hit in our lifetime. On the other hand, if it does, then no generator can be too large or be too reliable! Of course if one is an avid camper, RV'er, tailgater, or is a contractor, then a generator is second nature and you can get some additional utility out of it above and beyond disaster preparedness. The other issue during a natural disaster is that fuel for both cars and generators is often in short supply (recall the long lines of people waiting for gas at the gas stations during Hurricane Sandy) -- if there's no electricity, then generally there isn't any electricity available to pump gas either. Storing fuel in quantities large enough to feed a generator for a few days seems dangerous, not to mention that fuel goes stale after a few months and must be rotated, replacing soon-to-be-stale gas with fresh fuel -- a lot of work. If you can't/don't want to make the investment in a generator, a reasonable alternative is an AC-DC converter. Small models plug into the convenience outlet of your car, and larger models clamp directly onto the car battery. A quick online search indicates you can pick up a 900 watt model for about $85 and a 2,300 watt model for about $250 (both were at Lowe's). Either should give you enough juice to run a small refrigerator, a few light bulbs (the low-power consumption bulbs only use about 14 watts/bulb so are very efficient), charge your cellphone, and maybe run a small TV. The bonus is your car already has an engine and battery, and usually has gas in it, so there's no additional maintenance or cost! If you do elect to purchase a generator, after trying a few out, here are my recommendations:
Just some thoughts -- and make sure that you have a few days of food and water tucked away as well. Warning: This gets a little "wonky"!
It's not uncommon for prospective buyers of homes in Old Towne Orange to make comments along the lines of: - "Aren't there a lot of Historic Society rules that we would have to follow", or - "Because these houses are all on the National Register, do we have to get permission from the Historic Preservation Society to make any changes to the house?" What they are likely referring to is the Old Towne Preservation Association (aka OTPA) which is an oversight organization that exists to insure that construction and rehabilitation projects in Old Towne Orange conform to local, State, and Federal standards that are already in place. The misconception is that OTPA has enforcement capability or rules -- they do not. OTPA works with the City of Orange Planning and Building Departments, and the Design Review Committee (DRC) to determine if local projects follow the California Environmental Quality Act guidelines (aka CEQA - pronounced "SEE-QUH"), The Secretary of the Interior’s Standards for Treatment of Historic Properties with Guidelines for Preserving, Rehabilitating, Restoring, and Reconstructing Historic Buildings, and/or the Historic Preservation Design Standards for Old Towne Orange (which should incorporate the Secretary of the Interior's Standards). Click on any of the orange titles above to link to the respective document. Note that in the list of guidelines/laws above (local, State, and Federal) there are no "Old Towne Preservation Association/OTPA Rules" -- it's because they don't exist! Also note that while there are specific buildings and houses within Old Towne Orange that are independently listed on the National Register of Historic Places, the majority of pre-1940's homes/buildings in the district are simply referred to as "contributing structures" within the National Register Historic District (and are not on the National Register of Historic Places individually) -- a subtle distinction, but a distinction nonetheless. It is also important to understand that contributing structures and independently listed structures are both subject to the same review process outlined above. To summarize: - There are no OTPA "Rules" - Local Guidelines - Historic Preservation Design Standards for Old Towne Orange / Orange Municipal Code - State Guidelines - California Environmental Quality Act (CEQA) - Federal Guidelines - Secretary of the Interior's Standards Considering buying or making changes to the exterior of your historic home? Check with the City of Orange, call the OTPA Hotline 714.639.6840, or email [email protected] before you begin your project! ![]() I received a mailer today from one of the larger solar installation companies. While there is certainly an appeal to "free" energy, unfortunately the panels themselves can be fairly unsightly and not compatible with historic residential areas (such as we have here in Old Towne Orange). If you are tempted to install solar panels, please consult with the City of Orange and acquaint yourself with the Historic Preservation Design Standards for Old Towne Orange (click to link directly to document) which clearly indicates what is and is not allowed -- it may save you the trouble/expense of having to move them and/or remove them entirely. While on the subject of inappropriate materials for historic homes, vinyl windows are another element that are not allowed by the Old Towne Orange design standards as noted above. If you have inoperable wood windows or windows in need of restoration or repair, there are several local companies/craftsmen that can restore them without replacing them. Well maintained wood windows will serve you home for another 100 years, help protect the value of your home (and that of your neighbors), and keep your home compliant with the local design standards. Lack of adhesion to the design standards can result in fines and/or the City requiring replacement of the vinyl windows with windows that fit the period of the home with regard to both style and materials. Now that we're officially in a drought, the subject of synthetic grass has also come up as a replacement for natural grass. Again, synthetic materials, whether grass, windows, or fences, are not considered appropriate materials for historic neighborhoods (i.e. Old Towne Orange), but are allowed in other areas of Orange and Orange County. Drought tolerant landscaping would be a better option, but again it is best to check with the City to determine if your landscape plan fulfills the necessary requirements. With the recent reduction in upfront mortgage insurance premiums for FHA loans from 1.75% to .85% of the loan amount, there has been a boom in refinancings, along with increased market activity for home purchases. The result? Many lenders are backed up and do not have the necessary manpower available to process/approve loans in a timely fashion. This is especially true with government-backed loans -- FHA and VA - if you are using one of these loans to purchase a home, please give yourself extra time for the loan approval process.
![]() I just read the article about the 7 young children who died in a fire in New York -- a horrible tragedy compounded by the fact that there were no smoke detectors in the bedrooms. While there's no guarantee that it would have saved them, it certainly would have improved their odds. I'm still amazed by the number of homes that I visit (many with small children) that don't have working smoke detectors. Please make sure that you have working smoke detectors in every bedroom and in the hall outside of the bedrooms -- a carbon monoxide detector, too. The newer smoke alarms have a sealed 10 year battery and a "hush" feature that allows you to temporarily disable the alarm if you burn dinner -- it will reset after about 5 minutes (no more forgetting to replace the battery). About $20 at most hardware stores. For $100 you can bring a typical 3-bedroom house up to code (4 smoke detectors plus a carbon monoxide detector for the hallway). |
AuthorTony Trabucco is a real estate Broker who lives in Old Towne Orange, CA Categories
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