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Federal Pacific Electric (FPE) Panels
Trinity Property Inspection Newsletter
Your one stop for Home and EIFS/Stucco InspectionsApril 2009
To Replace Or Not To Replace
Because of the present market conditions lower priced homes have become a more popular choice among buyers. The two most visible issues with older homes are “fair-wear-and-tear” and “neglect” both of which are obvious to most home seekers.
A less obvious concern is the electrical panel. There are thousands of Federal Pacific Electric (FPE) panels installed across the Denver metro area. The FPE products have been the center of controversy in the electrical community for years and their replacement with other brand products has been a standard recommendation by electricians and inspectors for years.
Some concerns about FPE breakers and panels are:
· Some FPE breakers fail to shut off internally even if the toggle is switched to “off”· Breakers fail to trip during testing up to 60% of the time· Electricity arcs between buss bars and breaker contacts causing hot spots and fires inside panels.· All FPE panels are old (most way beyond expected service life). Even the best equipment fails with timeThe Federal Pacific Company doesn’t exist any more only a law office to handle lawsuits.
Replacing a FPE electrical panel before listing a house on the market would eliminate that concern before a home inspector calls it out. No one wants to pay for a new electrical panel but an old FPE panel is a regular deal breaker.
Trinity Property Inspection will always recommend replacing FPE electrical panels but will not include inflammatory words like “dangerous” or “can burn the house down”. We are here to provide useful accurate information not panic.
The goal of Trinity Property Inspection is to provide our clients with the knowledge they need to make an informed decision concerning their new home purchase. All deficiencies are placed in perspective with a recommended corrective action. It is recommended that homeowners keep their inspection report and use it as a guide for maintaining their home.
Trinity Property Inspections, Inc Your one stop for General Home Inspections & EIFS/Stucco Inspections Peter Szabo, CMI
Certified Master Inspector
Business # (720) 290-2718 Fax # (303) 690-6661szabo1@q.com http://www.inspectorpages.com/pszabo
Lou Holtz
I was walking past the kitchen counter today। I looked down,and my wife had this quote from Lou Holtz out। I stopped and read it, and I don’t know why, but it just caught me. It really describes where we are with the direction our economy is going.
“How you respond to the challenge in the second half will determine what you become after the game, whether you are a winner or a loser.” – Lou Holtz
I really think we are at a March Madness Halftime right now. What we do moving forward will really tell us what will be next. I’m saying, let’s not participate in this recession, let’s not let this market slow us down, let’s work through this, let’s gain market share, let’s be there at the end of the second half with a big old grin on!
Be there….tc
Posted in Motivation
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Success
“Success is waking up in the morning, whoever you are, wherever you are, young or old, and bounding out of bed because there’s something out there you LOVE to do, that you believe in, that you’re good at– something that’s bigger than you are, and you can hardly wait to get at it again today.”
-Whit Hobbs
Thought this was a cool quote 🙂 enjoy!
CCC
Posted in Whit Hobbs
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Mortgage
A mortgage is a lien on a property that secures a promise to repay a loan. The word mortgage is Latin in origin. “Mort” is from the word death and “gage” is from the word meaning a pledge. Mortgage literally translates into “death pledge.”
Posted in Mortgage
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Kentwood Relocation Services
Kentwood Relocation Services is very proud to announce and share with all of you our 2008 Leading Real Estate Companies of the World awards! The Kentwood Companies cleaned house this year and won 5 top awards!
For marketing:
• 1st place in Referral Promotions
• 1st place for RELO Quality Certification Promotion
Award of Excellence:
• Outgoing Referral Production
• Outgoing Sales Production
And finally the very prestigious Crown of Excellence award!
Posted in Kentwood Relocation Services
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The Bungalow home style
The Bungalow home style was popular in the U.S. from 1905 to 1930. Bungalows featured a low-pitched roof, wide eaves with exposed roof rafters, decorative braces, and a porch with square columns. The name Bungalow is derived from Bengal, India where houses were called bangla or bangala. The Bungalow has made a recent comeback to some new home neighborhoods.
Posted in Bungalow
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Hall of Leaders
Hall of Leaders
The following individuals have been recognized for their distinguished and long-term service to the relocation industry. Initiation into the Hall of leaders is automatic when an individual earns four Distinguished Service awards. The following individuals are members of the Hall of Leaders.
Posthumous Inductees:
Theodore D. BellNRI Relocation, Inc.Buffalo Grove, Illinois USA
Lawrence W. Binger3M CompanySt. Paul, Minnesota USA
Thomas J. DownsThe MITRE CorporationBedford, Massachusetts USA
Richard ShillingerAluminum Company of AmericaPittsburgh, Pennsylvania USA
Paul E. Taylor, SCRPPaul Taylor Associates, Inc.Canton, Massachusetts USA
Retired Inductees:
Charles W. DeuserThe Procter & Gamble CompanyCincinnati, Ohio USA
Vin Doyle, SCRPVin Doyle RealtorsNorth Scituate, Massachusetts USA
David F. Du Mez, SCRPWeichert Relocation ResourcesHighlands Ranch, Colorado USA
C. Marvin Mandery, SCRPGeneral Mills, Inc.Minneapolis, Minnesota USA
Diane M. Price, SCRPSamson CompaniesTulsa, Oklahoma USA
David M. Rapp, SCRPCARTUSDanbury, Connecticut USA
Active Members:
Beth Archibald, SCRP, GMSArchibald RelocationPortland, Oregon USA
Beverly J. Berberich, SCRPMerchant’s Moving & StorageRacine, Wisconsin USA
May Caffi, SCRP, GMSMarriott International, Inc.Washington, DC
John M. Clarke, SCRPFMC Technologies IncorporatedChicago, Illinois USA
W. Thomas Cryer, SCRPThe Kentwood Company Greenwood Village, CO
Kathleen M. Curtis, SCRP, GMS Cisco Systems, Inc.San Jose, California USA
Gail S. Davis, SCRP, GMSErnst & Young, LLPCleveland, Ohio USA
Terry Baxter Davis, SCRP, GMS Ernst & Young LLP Cleveland, Ohio USA
Shelley A. Giles, SCRP, GMSTenet Healthcare Corporation Dallas, Texas USA
Freda Ingram-Brown, SCRPBank of America NACharlotte, North Carolina USA
Kevin J. Lanagan, SCRPSocial Security AdministrationBaltimore, Maryland USA
G. Michael Loewe, SCRP, GMS Lion Mobility Consulting ServicesBoothbay, Maine USA
Lisa Milovanovic, SCRP, GMS PepsiCo Inc. Plano, Texas USA
Jeffrey G. Otteau, SCRP, IFAThe Otteau Appraisal Group, Inc.East Brunswick, New Jersey USA
Kevin E. Rich, SCRP New World Van LinesSouth Hamilton, Massachusetts USA
Sharon J. Richards, SCRP, GMSConsultant, International InitiativesSanta Clara, California USA
Charles (Chip) G. Roach, SCRP Prudential Fox & Roach RealtorsMalvern, Pennsylvania USA
Steven E. Rogers, SCRP, GMSCITGO Petroleum CorporationHouston, Texas USA
Arnold M. Schwartz, SCRP, SRAArnold M. Schwartz & Associates, Inc.Atlanta, Georgia USA
Jill Silvas, SCRPMorgan Lane Sonoma, California USA
Jill Mikes Taylor, SCRP, GMSGMAC Global Relocation ServicesWoodridge, Illinois USA
Bruce W. Walczak, SCRP, GMSRelocation Consultants, Inc.Ridgefield, Connecticut USA
Peter H. Wayman, SCRP, GMSCARTUSDanbury, Connecticut USA
Gloria Winkelmann, SCRPWinkelmann RealtyFullerton, California USA
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REO Rescue Services
December 8, 2008
FOR IMMEDIATE RELEASE
(For more information contact Douglas E. Lierle at 303/792-0507)
Roy Lopez, Tom Cryer of The Kentwood Company form
REO Rescue Services
DENVER – Roy Lopez and Tom Cryer, two leading broker associates with The Kentwood Company in the Denver Tech Center, have joined forces to form The Kentwood Company REO Rescue Services. Lopez and Cryer bring years of experience to a problematic process. The new entity provides “Asset Resolution Done Right the Very First Time!”
Kentwood’s REO Rescue Services provides customers with timely BPOs, an experienced, full-time professional marketing team, a complete suite of complimentary services, a buy-out program, and prompt availability.
“We bring years of experience in asset disposition and acquisition,” said Lopez. “The team benefits from Colorado’s Premier Real Estate Company are unsurpassed, including a full-time marketing staff to a front desk that is actually staffed. Our support team works directly with us to enhance our all-encompassing ‘concierge’ service for your asset resolution needs.”
“We provide great response times, concerted marketing efforts, professional representation of your inventory, and timely closure for your transactions,” said Cryer. “The Kentwood Companies provide concrete support and unmatched market exposure to your inventory. We are locally owned and operated with multiple Denver area offices and on-site management for a truly winning combination.”
The Kentwood Company REO Rescue Services is distinguished by accurate and timely BPO reporting, property preparation services, award-winning marketing programs, and timely reporting of marketing results with recommendations. Clients enjoy contract advocacy to achieve the highest values possible, management of closing services, title, escrow, legal, buyer’s lender, and much more. The team also provides a well-defined guaranteed buy-out program.
Roy Lopez and Tom Cryer bring more than 30 years of REO experience to the team, plus international real estate leadership and long-term relationships with management companies. The team provides a solid foundation in REO property valuation and brokerage experience that transcends the mainstream.
For more information on how to enjoy asset resolution done right the first time, contact Tom Cryer and Roy Lopez at 303-773-3399, toll free 1-800-723-7653, and visit online at www.ReoRescueServices.com for additional information.
The Kentwood Companies are dedicated to its legacy of being “Colorado’s Premier Real Estate Company” through the highest producing, most knowledgeable, caring and experienced sales team in the country, offering the highest quality customer service experience. The Kentwood Companies are innovators known for unparalleled marketing strategies and superior Internet technology that places its clients in the best possible position.
For more information, visit The Kentwood Companies online at www.KentwoodRealEstate.com.
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Posted in REO
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