Entries Tagged as 'Money Saving Advice'

Water Conservation Tips

Living Green , Money Saving Advice No Comments »

As most who live here in South Florida are aware the area has been under water restrictions for some time.  So with all the talk of limiting irrigation we thought we would share some other tips to help conserve water around the house until the rainy season gets into full swing.

Use water efficiently around the house
Run your dishwasher only when it's full. Don't pre-rinse dishes - tests show pre-rinsing doesn't improve dishwasher cleaning, and you'll save as much as 20 gallons of water per load. When you buy a new dishwasher, look for one that saves water. Water-efficient models use only about only about 4 gallons per wash. More about using water wisely.

The Earth might seem like it has abundant water, but in fact only one percent of all water on the planet is available for humans. Buy fixtures and products that are water efficient - you can use less water to get the same job done just as well. When you go shopping, look for the WaterSense label to find water efficient products. More about WaterSense.

A full bathtub requires about 70 gallons of water, but taking a five-minute shower saves water by using 10 to 25 gallons. Put a little timer or clock near your shower so you can see how fast you are. Save even more water, and money on your water bill, by installing a water-efficient showerhead, or ask your landlord to install one if you rent. More about using water wisely.

Leaky faucets can waste thousands of gallons of water each year, like money down the drain. Repair or replace old or damaged fixtures. If you're not sure you have a leak, check the water meter before and after a two-hour period when no water is being used. If the meter does not read exactly the same, you probably have a leak. More about saving water.

The average washing machine uses 40.9 gallons of water per load. If you buy a a new washer, shop for a high-efficiency washer that needs less than 28 gallons of water per load. To achieve even greater savings, wash only full loads of laundry or be sure to choose the appropriate load size on the washing machine.

www.centerlinehomes.com

Darn, I forgot to Change the Air Conditioner Filter again!

Energy Savings , Living Green , Money Saving Advice No Comments »

Darn, I forgot to Change the Filter again!

Ever said this? Maybe darn isn’t the word that you used. We all know how important it is to change our A/C filters on a regular basis. Dirty filters have a negative impact on our interior air quality and also cause your air conditioning equipment to work harder than it should. Some experts recommend changing your filter(s) every thirty days. Maybe an easy way to remember to make the change is to get into the habit of switching filters every time you pay your power bill. That’s a fairly consistent 30 day cycle with the added benefit of allowing you to get more knowledgeable about your monthly power bill, and other ways that you can reduce that monthly expense. Things like turning off fans, TV’s and radios off when leaving a room may not seem like a lot of effort, but can make a visible difference in lowering your monthly power bill. For additional power-saving ideas and suggestions, visit Florida Power and Light’s web site at www.FPL.com

More Tips for Living Green Around Home and on the Road

Home Maintenance and Improvement , Living Green , Money Saving Advice No Comments »

More Tips for Living Green Around Home and on the Road

  • Cook with your Microwave Microwaves are between 3.5 and 4.8 times more energy efficient than traditional electric ovens. Cooking and reheating with a microwave is faster and more efficient than the stovetop or oven.
  • Use commercial car washes Getting your car washed at a commercial car wash is better for the environment than doing it yourself. Commercial car washes not only use significantly less water per wash  but they often recycle and reuse the rinse water.
  • Clean your air filters Check air conditioning filters monthly to either clean or replace them. This will help the unit run more efficiently. Better yet: buy a permanent filter that can be washed and re-used. This will save you money over the long run and keep all those disposable filters out of landfills. If your unit is outdoors, check to make sure the coils are not obstructed by debris, plants or shrubs.
  • Green Your PC and Electronics 90% of desktop computers are not optimized for energy efficiency. Take advantage of "sleep" and "hibernate" settings, and turn off your devices when you won't use them for an hour or more. Use a surge protector to turn them all the way off so they won't draw a "phantom load" even when shut off.
  • Use rechargeable batteries It may not sound like much at first, but investing in rechargeable batteries can save you some money over time. In general, the less you rely on single-use, disposable items, the less money you'll burn through.

Homebuyer Tax Credit Closing Deadline Extended to September 30th

First-Time Homebuyers , Home Buying Tips and Advice , Money Saving Advice No Comments »

The Closing Deadline Has Been Extended to Sept. 30 for Eligible Homebuyer Credit Purchases  

Update: IR-2010-80, July 2, 2010

WASHINGTON — Eligible taxpayers who contracted to buy a home, qualifying for the first-time homebuyer credit, before the end of April now have until Sept. 30, 2010 to close the deal, according to the Internal Revenue Service.

The Homebuyer Assistance and Improvement Act of 2010, signed by the President today, extended the closing deadline from June 30 to Sept. 30 for any eligible homebuyer who entered into a binding purchase contract on or before April 30 to close on the purchase of the home on or before June 30, 2010. The new law addresses concerns that many homebuyers might be unable to meet the original June 30 closing deadline.

The IRS reminds taxpayers that special filing and documentation requirements apply to anyone claiming the homebuyer credit. To avoid refund delays, those who entered into a purchase contract on or before April 30, but closed after that date, should attach to their return a copy of the pages from the signed contract showing all parties' names and signatures if required by local law, the property address, the purchase price, and the date of the contract.

Besides filling out Form 5405, First-Time Homebuyer Credit and Repayment of the Credit, all eligible homebuyers must also include with their return one of the following documents:

A copy of the settlement statement showing all parties' names and signatures if required by local law, property address, sales price, and date of purchase. Normally, this is the properly executed Form HUD-1, Settlement Statement.

For mobile home purchasers who are unable to get a settlement statement, a copy of the executed retail sales contract showing all parties' names and signatures, property address, purchase price and date of purchase.

For a newly constructed home where a settlement statement is not available, a copy of the certificate of occupancy showing the owner’s name, property address and date of the certificate.

Besides providing a tax benefit to first-time homebuyers and purchasers who haven’t owned homes in recent years, the law allows a long-time resident of the same main home to claim the credit if they purchase a new principal residence. To qualify, eligible taxpayers must show that they lived in their old homes for a five-consecutive-year period during the eight-year period ending on the purchase date of the new home. Homebuyers claiming this credit can avoid refund delays by attaching documentation covering the five-consecutive-year period:

Form 1098, Mortgage Interest Statement, or substitute mortgage interest statements,
Property tax records or Homeowner’s insurance records.
There are three options for claiming the credit on a qualifying 2010 purchase:

If a 2009 return has not yet been filed, claim it on Form 1040 for tax-year 2009. Though these returns cannot be filed electronically, taxpayerscan still use IRS Free File to prepare their return. The returns must be printed out and sent to the IRS, along with all required documentation. The IRS urges taxpayers claiming refunds to choose direct deposit.

If a 2009 return has already been filed, claim it on an amended return using Form 1040X.

Whether or not a 2009 return has been filed, wait until next year and claim it on a 2010 Form 1040.

More details on claiming the credit can be found in the instructions to Form 5405, as well as on the First-Time Homebuyer Credit page on IRS.gov.

Visit anyone of our new home communities to learn about other new home deals and incentives! www.centerlinehomes.com

15 Tips for Living Green Around Your Home

Living Green , Money Saving Advice No Comments »

15 Tips for Living Green Around Your Home

Tip 1: "Green" your laundry.
Detergents, fabric softeners and bleaches can be toxic to your family and to the environment. Some surfactants and fragrances in laundry detergents contain hormone-disrupting chemicals that can't always be removed by wastewater treatment plants and end up harming local wildlife. Chlorine bleach is not only poisonous for humans, but can create dangerous byproducts, such as dioxin, when flushed down the drain. Get your clothes clean without all of the pollution by switching to eco-friendlier cleaners.

Cost Factor: The eco-friendlier detergents and bleaches cost about the same as standard products.
 
Tip 2: Keep Your Thermostat set a little warmer and a little cooler.
About 47 percent of the average household's annual energy bills stem from heating and cooling. Every degree you raise your thermostat in the summer will reduce air conditioning bills by about 2 percent. Lowering the temperature by one degree in winter will save you 3 percent on heating bills. Regular maintenance and an annual tune up will keep your heating, ventilation and air conditioning, or HVAC, system operating efficiently, saving energy and money. A programmable thermostat can shave 10 percent or more off your bill. 

Cost Factor: Adjusting your thermostat is free, easy and can save you big. A programmable thermostat starts at about $50 and produces an annual savings of about $100.

Tip 3: Switch to cold water.
Almost 90 percent of the energy used to wash clothes is used to heat the water, according to the U.S. Department of Energy. Save money and energy. Wash your clothes in cold water, instead of hot using a detergent formulated for cold-water use. 

Cost Factor: Turning the dial from hot to warm will cut your energy use by 50 percent per load, and save you up to $63 a year, according to the Alliance to Save Energy.

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