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Home Everard Korthals - Lancaster real estate

Everard Korthals - Lancaster real estate

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Where are we going to build our nuclear plants ?

01-29-10
Everard Korthals - Lancaster real estate

I thought it was very positive that Pres.Obama during the State of the Union , promised to start building nuclear power plants.

With a future of more electric cars and more and more electronics and automation there will be an increased need for electric power.

I believe the "greenies" who want electric cars, have not yet considered the enormous changes that will bring to our electric power needs.

An electric car is not going to reduce the total energy needs. I believe that it is actually less efficient.

Wind and sun might deliver maybe 5-10 % of the total needs if we plaster the US landscapes with wind mills and solar panels. The logic alternative is Nuclear and natural gas that we suddenly seem to have an abundance off.

Now comes the big question. Where are we going to build those Nuclear Power Plants. Obviously they need to be close to the users ,our biggest cities.

Unless we change the power structure in the USA and allow the Federal government to decide , excluding, by law, any legal infighting by local and state governemnt ,and all pressure groups ,incl. environmentalists ,it will never happen.

I believe that is why Obama had no problem promissing it. He knows that many of his supporters do not want it.

Who volonteers for a nuke plant in his back yard? If there are volunteers lets give them the subsidies that we now waste on the ethanol plants, the solar panels and the wind farms. None of those would be installed without the subsidies.These will never be able to compete with Nuclear power (based on present technology ).

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government real estate incentives

09-20-09
Everard Korthals - Lancaster real estate

Does anybody have the connections to know what the government will do after the $ 8000 tax credit will expire on Nov 30 ,2009..

I believe this incentive helped to get several renters to purchase a house and that is why the lower end of the housing market was revived and is doing relatively well.

There are many buyers who put an offer in for a bankowned property and might still be waiting on Nov.30,2009 for an answer from the bank. One of my clients is waiting since May ,after we put in a very reasonnable offer.

The bank is actually loosing out, since the appraisal value for similar units is now 15 % lower than what we offered.

I expect that the government will create either an extension of the present programm or ,what I hope, will come with a new incentive that will stimulate the housing sale in the segment that really needs help, the houses that are above the price range that the typical renters can afford.

I like to see a $15,000 income tax deduction for anyone that buys a house. This would work for those people that actually pay tax and might still be paying their mortgage 5 years from now.

This might revive the second home market as well as enticing people to trade tomore expensive homes.

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The $ 8000 first time home buyer stimulus

09-03-09
Everard Korthals - Lancaster real estate

We have experienced an obvious result of the $ 8000 stimulus programm.Many renters bought a home ,mainly in the below $ 200,000 range .

It will be interesting to see in about two years how many of those buyers are still in their house.I expect another foreclosure wave.

As I have expressed before, this stimulus should have gone towards selling additional homes to people that can afford to buy .I know this is contra what our present ruling class thinks , because they will see it as helping the rich .Let these so called rich , I would call them self supporting and financially stable people , buy a second or third home for them selves or for their kids.

I also propose that we should, for a limited time, maybe 2 years, make remodelling ,renovation and major maintenance of residential homes tax deductible. as long as the work is done by certified contractors.

This might be a great stimulus because most of this work can not be outsourced to China and it will emply local craftsmen .

In this time it is easy to sell the cheap houses but impossible to sell the higher end because of very high rates on jumbo loans , tighter restrictions on condo purchases ,etc. Lets get a tax credit that works to get the higher end houses sold.Make the loss on a house tax deductible and dont tax the" forgiveness "amount.

I am not a politician, just trying to help our nation to get out of this recession.

!

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my real estate reviving plan

01-21-09
Everard Korthals - Lancaster real estate

While haveing a short sleepless moment and thinking about Obamas task for today to get the economy going, i came up the the following idea.

We have high unemployment ( !0 % )that needs to be solved with work and business activities in the states. All the government ideas to give every one a few hundred $$$ will not work except for Walmart and China where most of the money goes.The middle class will just use it to pay off some debt.

I propose we make 10 % of the purchase price of a home tax deductible up to a max. of $ 50,000 for a $500,000 home. I was also thinking to make this higher for new construction maybe 15 %.

Home construction,remodelling,interior decorating is a major stimulus for the economy as we saw in the early years of this decade.

Maybe a simular system can be designed for domestic produced cars. But I am not sure about political problems with Japan, Korea and Germany.

I did not do a reality check on these numbers ,maybe one of the accountants that see this blog can do that for me.

Let me know what you think.Have agreat day !

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Lancaster County, PA: A very good place to live - Great for families

09-15-08
Everard Korthals - Lancaster real estate

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Lancaster PA Real Estate

Everytime when there is another Natural Disaster like the one we just had in Texas, I realize how good we have it here in Pennsylvania. I lived in Texas (Hurricanes), Ohio (Tornados) and California where we had several serious earth quakes and chances for Sunamis. All those issues seem to make the little snow and some hot and humid days in Lancaster County, PA, very benign. 

I understand the pleasure of a nice climate, but after seeing the images on TV and on the Internet, I decide every time that the other places are great for vacations , but not as a place of residency for me and my family. 

Lancaster PA Real Estate

We're also have some of the best school districts in Pennsylvania.Hempfield and Manheim Township are know for their quality education, but there are several others that are just as good. Crime is relatively low, and with all these things combined, this makes Lancaster, PA one of the better places to live in the United States. 

Lancaster County, PA is a good place to be!

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