Posts by Hyde

5 Tips For Selling Your Mineral Rights For Maximum Value

If you own property that is known to have gas, oil, or any other type of mineral under the ground, you own the mineral rights to the property. Depending on what type of minerals are accessible on your land, your property can be very valuable. As the owner of the land and the holder of the mineral rights, you can choose to sell your property if you wish. Use the following tips to sell your mineral rights for the maximum price:

Gather Necessary Documentation

Before you can sell your mineral rights, you need to have proof that you actually hold them. Make sure you gather documentation such as the deed to the land, the order division, and any pay stubs from royalties you may have received from the minerals. This documentation will prove to any serious buyer that you have the legal right to sell your mineral rights, and that minerals are actually present on your land.

Learn about Mineral Value

If yu want to receive the best price when selling your mineral rights, it is important to be an informed seller. Take time to research mineral values so you have a solid understanding of how much different minerals are worth, especially the type of minerals that are found in the ground of your property.

Consider Selling a Portion of Your Mineral Rights

Many mineral rights holders sell complete control of their rights when they are in need of cash. A lot of people do not realize that there is no obligation to sell mineral rights in their entirety. You do have the option of selling only a portion of your mineral rights, which will give you the cash you need while still holding control of part of your mineral rich land.

Avoid Accepting the First Offer

 Unless someone offers you your full asking price for your mineral rights, it is best to avoid the first offer put on the table. In most cases, the first offer from a seller is not their best offer. If you’re willing to do some negotiations, you are much more likely to sell your mineral rights for a fair price.

Ignore Unsolicited Offers

It is not uncommon for companies to search for records of mineral rights holders and then contact them through the mail offering to purchase the rights. In almost all cases, the amount they offer for the mineral rights is well below market value. 

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Want To Live Off Grid? You Need These 3 Things

Approximately 180,000 families live off of the grid in the United States. This number is expected to rise dramatically over the next several years as more people strive to live a greener lifestyle and save money. While most people can’t completely eliminate their reliance on public utility systems, many are able to significantly lower their reliability on these systems. If you’re interested in living off-grid, there are several things you need to have in place before you can cancel or downgrade your utility services. Following are three things you need to live off-grid.

Electrical Power

First, you need a clean source of electricity. While fueled generators have been used to bring power to remote locations for many years, they are actually very harmful to the environment. Clean ways to generate electricity include solar panels, wind turbines, and geo-thermal units. Though these materials appear to be difficult to find, they can all be located at an online solar panel store. The type of energy generation that’s right for you depends primarily on your geographical location. If you live where there are a lot of trees and hills, a wind turbine is probably not your best bet. Solar panels are ideal for areas that receive lots of sunshine. You may also want to set your systems up to run off of fuel in an emergency power shortage. 

Water Supply

You will also need a sustainable water supply. On most properties, this can be accomplished by drilling a well. However, not all properties have ground water available at adequate depths. If you cannot drill a well, you will have to collect water in other ways. Rain barrels are ideal for capturing some water, but you probably won’t get all you need from rain. You can pull water from a stream, but you will have to set up the necessary water filtration and treatment to do so. If all else fails, you can have water shipped in. 

Waste Disposal

You must find a way to dispose of your waste safely. Most areas require a septic tank that meets the requirements set forth by the local health department. In some areas, you can use a composting toilet. Whichever method you choose, you must make sure that your’re meeting the requirements set forth by law in your area. 

Living off-grid takes dedication and hard work. It’s not as easy as relying on public utility systems, but it is rewarding. Not only is clean energy better for the environment, it saves you money over a long period of time by eliminating your utility bill. 

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Clearing An EGR Check-Engine Code To Pass A Vehicle Emissions Test

Most automobiles display a check-engine light on the dashboard when an operating problem is detected by the on-board diagnostic system. A specific trouble code is then stored in the diagnostic system. The stored codes can be retrieved, and many of them are related to emissions. Vehicle owners receiving a code for insufficient exhaust gas recirculation (EGR) may need to clean or replace their EGR valve to pass a smog test.

You may have never noticed it, but a small tube is likely attached to the side of the exhaust pipe underneath your car. If you were to trace the path of the narrow tube, you would discover that it is routed back to the engine. The small passageway is referred to as the EGR tube, and its function is to recirculate a small amount of exhaust gas back into the engine.

EGR valve function

The recirculation of exhaust gas back to the engine slightly lowers the combustion temperature, thereby reducing the level of nitric oxide emissions. Exhaust gas recirculation is only needed under certain operating conditions, so an EGR valve is necessary. A check-engine code indicating insufficient EGR flow may be indicative that your EGR valve is either clogged or faulty.

EGR valve control

Before having the EGR valve serviced, take a few moments to check for a possible vacuum leak affecting the valve. The typical EGR valve contains a diaphragm that opens and closes in response to the vacuum supplied through a connected hose. Simply listen for an unusual hissing sound that might be indicative of a vacuum leak. If there are no signs of a loose vacuum hose, the EGR valve might need to be removed for inspection.

EGR valve servicing

Even though cleaning an EGR valve is relatively straightforward, gaining access to the valve may be difficult on some vehicles. If the valve is located toward the rear of the engine, additional components might need to be removed first to reach the valve. The repair of emissions components is regulated in some states, so you may need to have an experienced professional service the EGR valve.

Excessive nitric oxide is likely to result in a failed emissions test. Nitric oxide is only one of several gases measured during automobile smog tests. In addition to an exhaust tailpipe test, your vehicle’s on-board diagnostic system may be checked to ensure it is working properly and has no stored trouble codes. Contact a certified smog station like West Coast Smog for more information on emissions testing.

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Thinking Of Leasing Solar Panels? Why Buying Might Be Better

Are you a homeowner who is considering a solar panel installation? If so, you may have wondered whether you should buy or lease your solar panels. The following information should aid you in understanding potential obstacles that lessees may face. 

Tax Credits

If you have completed a little research on solar panel installations, you likely know that there are some tax credits you might be able to take advantage of. There are tax credits from the federal government, but you may also qualify for some incentives if you live in certain states too. By investing in your own solar panels, you can retain all of the tax advantages because you will be the owner. If you lease the solar panels, the company you lease from will likely get the tax credits because they technically own the panels. 

Selling and Transferring

Perhaps you have plans to sell your home. Sometimes people end up needing to put their homes on the market unexpectedly. For example, a future job loss or divorce could result in you needing to sell your home. Although having solar energy is a plus and can raise a home’s value, potential buyers may only be interested in properties with solar panels that they will acquire ownership of if they buy the home. Not everyone will be attracted to saving money on energy only. Some people see the value in owning the panels attached to properties they own. Depending on the terms of the lease agreement, you may be bound to keep the panels installed, and interested home buyers may be forced to look at other properties. If you are able to get out of the lease agreement, you may end up having to pay money. It is also possible that removing the panels will not garner any interest, and you may not be in a position to purchase panels to appease potential buyers. These are messy situations you can avoid by opting to own your own solar panels from day one. Even if you have to finance them, you will still be considered in control of them. 

Energy Ownership

Some solar panel leasing companies offer outstanding deals that can help people save on their energy bills. Many people who own solar panels end up with excess energy, which can be resold in some cases. By leasing, you will forfeit the opportunity to sell any excess energy production to others. The leasing company could elect to sell the leftover energy each month, and there is likely nothing that you could do to change their decision. This means that they can earn profits from the panels you are leasing, and you may even have to pay a fee to lease the panels.

If you are interested in buying solar panels or discovering more reasons why ownership is ideal, a solar panel installation company is a good resource to use. They can also help you to determine how many panels you need to power your home. 

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Three Fire Suppression System Questions

Protecting your loved ones and property against fire is something that you will have to address when you own a house. In particular, fire suppression systems can be an excellent way of minimizing the damages that fire can cause to your home, which may make it wise to know the answers to several basic but important questions.

Is It Worth The Cost To Opt For A Fire Suppression System Rather Than A Simple Alarm?

The installation of a fire suppression system can be far more expensive than a basic smoke alarm. In addition to sounding an audible alarm, a fire suppression system can also spray water to help extinguish fires before they can spread throughout the home.

Due to the higher cost of a fire suppression system, it can be tempting to simply opt for a standard alarm. However, homeowner’s insurance policies often provide discounts for the installation of a fire suppression system, and there are many local communities that may give tax incentives for this upgrade. By taking advantage of these two options, you can ensure that your home is as protected as possible against fires while also minimizing the total cost that you must pay.

What Type Of Structural Changes Are Needed To Install A Fire Suppression System?

For a fire suppression system to work, there will be a need to install piping throughout the home that can deliver water to these systems. Typically, these pipes will be installed in the ceiling, and this may mean removing ceiling panels. Depending on the age of your home, it might also be necessary to structurally reinforce the ceiling so that it can better accommodate the weight from these pipes. Lastly, small holes will need to be drilled so that the sprinklers for the system can be installed on the ceiling. Due to the complexity of these tasks, homeowners should avoid trying to install one of these fire suppression systems without professional help. In addition to putting your home at a risk of water damage due to leaks, poorly installed fire suppression systems may not provide the type of coverage that is needed to be as effective as possible at extinguishing fires.

How Do You Maintain A Fire Suppression System?

Caring for your new fire suppression system will not be an overly difficult task as these systems are designed to require minimal work. Typically, you only need to have the fire suppression system inspected and tested every couple of years. This will ensure that any jammed sprinkler heads or gradual leaks are repaired so that they do not interfere with the functioning of this system when a fire strikes your home.

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