วันพุธที่ 22 ตุลาคม พ.ศ. 2551

Rebuilding a home after a fluke flood


By Kathy Price-Robinson
October 25, 2008
Three days before Christmas 2006, as chef Matt Beville was sliding a tray of pastries into the oven at work, he had no idea events were unfolding at his 1924 Burbank home that would displace him for 18 months and lead to a $209,000 whole-house remodel.

The first sign of trouble came when a neighbor called to say that a roofing truck had backed over the fire hydrant in front of Beville's house and a geyser had sprung up. Beville, who is 42 and bought the house when he was 27, recalled saying: "That's cool. I wish I could see it."

A series of follow-up phone calls from the neighbor suggested -- with increasing intensity -- that Beville should come home. When told that water shooting from the sheared hydrant was falling on his house, he thought about the pastries in the oven, which were for a catering job, and asked if the neighbor could shove some towels up against the door sills.

But towels would be useless against what would happen next, which was witnessed by neighbors and later recounted by them to a local TV news station, which aired a report.

A sort of sink hole developed underneath the hydrant, causing it to tilt toward Beville's house and point nearly its full gusher onto the flat roof covering the rear of the structure. Falling inside parapet perimeter walls, which stood a few feet above the roof, the water collected into a pool that became heavier and heavier until, all at once, it crashed through, into the house, and forced its way out through doors and windows, taking out some walls.


Beville still remembers the final call from his neighbor: "The side of your house just blew out."

To begin the repair and rebuilding process, he met with an insurance adjuster and received a list of contractors. He hired one to demolish the rear of the house, which had the most damage. But Beville wanted to find a contractor with a sensitivity to older homes. After asking friends for recommendations, he met and decided to work with Burbank contractor Mark Bethanis on the rest of the project.

"It was a disaster," Bethanis said of the home. Even though he's a fan and restorer of older homes, he thought this one might be beyond salvage. "If Matt had more of a budget, I would have told him to tear it down."

However, the insurance company would not pay for a total rebuild. The first offer was for $126,000, then was raised to $157,000 after Bethanis and Beville pointed out mistakes they said the inspector had made, and then finally to $175,000. He paid for the remainder of the remodel out of his own pocket.

But even if he could have afforded it, Beville probably would not have torn down the house.

"I love my place," he said, pointing out the Spanish-style home's hardwood floors, moldings, barrel ceiling in the living room, arched French window and fireplace covered with vintage Batchelder tile.

Plus, he had come to love his neighbors, and Burbank itself. "Where could I go and get all this?" he asked.

Beville's main goal was to rebuild the back of the house in a vintage style compatible with that of the front, and to repair the front portions that had been damaged. And, as long as he was at it, remodel the kitchen.

Haggling with the insurance company took months, and because the first contractor had removed the home's power panel along with the damaged walls, there was no electricity to run the filter on the backyard pool. The water turned a deep green and ducks moved in.

During the months of waiting, the homeowner and the contractor planned the remodel. Although the 1,360-square-foot home had only one bathroom, situated between the two bedrooms, it was big enough to split into two and turn the master bedroom into a master suite.

Other improvements included bolting the frame of the house to the foundation to give it more stability during earthquakes and adding panels to the walls for the same purpose. The whole roof was rebuilt, with the original clay tiles in the front part of the house put back into place. The exterior was replastered, new gutters were installed, and new landscaping was planted.

To save money, Bethanis installed lower-cost vinyl windows, rather than top-of-the-line wood ones, but he added the full array of moldings, sills and skirts to match the originals.

"It's kind of a nice compromise," Bethanis said. "You want it to look old and function new."

He had new doors made to match the older ones and added crystal-like knobs and metal back plates. For comfort, forced air conditioning and heating were added too.

Bethanis took a lead role in the design and construction of the house, while Beville worked at his job at Canelé restaurant in Atwater Village. Beville recalled the comforting statement his contractor often made: "We can make it work."

In the kitchen, Beville had been happy with the original knotty pine cabinets. But the wall they were attached to got saturated during what he has come to refer to as "The Great Flood of '06," and the cabinets could not be saved. So the whole room was gutted and reconfigured around Beville's prized Viking stove.

Although Beville had a few panic attacks about the colors and materials for the kitchen, he's pleased with how it turned out. The room now has custom-made Shaker-style cabinets, granite counters and a backsplash of sea-foam green subway tile. The floor looks like slate, but is really sheet vinyl, which is easier for the active cook to keep clean.

Beville, who had been living in a rented apartment, moved back into his house in April. While giving a tour of his house recently, he punched and rolled out dough for pizza as two buddies watched sports on TV in the living room.

After the negotiations with the insurance company were complete, Beville said he started to feel better about the whole thing, but the experience is still bittersweet.

"Am I happy with what happened?" he asked. "No. Am I happy with the end result? Yes."

Price-Robinson is a freelance writer.

kathyprice@aol.com

วันศุกร์ที่ 10 ตุลาคม พ.ศ. 2551

Americans eye bailout, and continue cutting back


By ERIN McCLAM

Relief on Wall Street over the hard-won passage of a $700 billion bailout package for the financial system apparently hasn't yet trickled down to the pubs, storefronts, car lots and malls of Main Street.

Many Americans spent an uneasy weekend wondering whether the rescue would help in time — or at all — and trying to figure out where next to cut back as the economic screws tighten.

Would financing come through for the new washing machine? Could the old car hold out another year? Would a nice dinner out bust the budget?

"People are afraid," said Linda Morrow, who owns a shoe and handbag store in a Dallas mall. "People basically don't know what the future will bring. They're afraid to spend. They want to see what the bailout will do. They're waiting till after the election."

In more than two dozen interviews with The Associated Press across the country over the weekend, Americans described those concerns, from tighter personal credit to worries about small businesses to doubts about simply making ends meet.

Matt Watson, a 41-year-old sales manager at a showroom of motorcycles and all-terrain vehicles in Morgantown, W.Va., said his family has cut back on dinners out and is buying more generic products.

The other day, he grabbed a $5 bill off his dresser and headed to a Walgreen's drugstore for milk and bread.

"I could not buy milk and bread for $5," Watson said, shaking his head in disbelief.

Aimee Robinson needs a $200,000 loan soon for her business, which sells eco-friendly furniture in Seattle, and wonders whether the bailout might ease the way. The interest rate on her store's credit card just jumped to 17 percent from 8 percent.

"Everything came to a standstill" this summer, she said. "It hit me really, really bad."

The bailout plan, quickly signed into law by President Bush after it passed the House by a comfortable margin Friday, will buy bad mortgage debt off the books of staggering banks in hopes of shoring up the American financial system.

It was put together during a harrowing three weeks for the U.S. economy that began with the bankruptcy of investment house Lehman Brothers and a government bailout of insurer American International Group.

The damage has seeped into far-flung corners of the economy. At a company called Tortilla Lady in Flagstaff, Ariz., five women make 1,500 to 1,800 dozen tortillas in an average week, some sold in the shop and others to stores.

For the week of Sept. 15, the week Lehman Brothers collapsed and the crisis took hold, production was only about 1,000 dozen.

"Once this really got into the news and people started understanding what Wall Street meant to them, they've become more conscious of their own budget and the limitation of their budget," said Phebe Faus, an owner of Tortilla Lady.

An AP-GfK poll released last week before the House passed the revised bill found Americans divided on whether they supported the bailout. But a solid majority, eight in 10, said they feared the financial crisis would hit them directly. Many said they were conflicted, lamenting that taxpayers had to step in but believing something had to be done to prop up the economy.

Among that type of adherent is Morgan Cavanaugh, owner of a 75-year-old Irish pub that sits a few blocks from Lake Erie in downtown Cleveland. Standing behind the weathered mahogany bar, he said the bailout stinks.

"I don't believe we should let them off the hook," he said. "Either we pay now or we pay later. To me, it's extortion."

To him it's also necessary: The same day, he was talking on his cell phone to a man who has been trying to buy a suburban bar from Cavanaugh but has not been able to secure a loan.

"It passed," Cavanaugh told the man just after the House vote Friday. "Let's work something out." He said the man planned to try for the loan again and said the prospects were "looking up."

As for business at the bar: Cavanaugh has lowered his drink prices for his customers, a crowd heavy with bankers and brokers. He calls the special the Bankers' Booze Bailout Fund.

Tight credit remains at the heart of the crisis. In a financial climate of fear and mistrust, banks are charging one another much higher rates to borrow money, and they are snapping their wallets shut to Americans.

The bailout package may get the gears of lending moving again, but it hasn't happened yet.

Last year, Pennsylvania auto dealer Bill Rosado's customers had no trouble arranging financing for the cars and trucks they bought. Banks were lined up to provide cash even for people with a risky credit history.

Those days are gone. A customer with decent credit who might have been approved for 100 percent financing not long ago is lucky to get a loan at all today, and even then the interest rate is almost guaranteed to be higher.

"The people with horrible credit, I can justify saying, 'No more," Rosado said. "But this is affecting people whose credit isn't that bad. People with 650 credit scores are being turned down."

The rescue was aimed in part at restoring confidence in the financial markets. As the crisis worsened, stocks took a huge hit, and Americans seeing their stock funds and retirement savings sapped are more reluctant to spend money.

"A lot of people who come here are wealthy people, and they've lost a lot of money in stocks," said Jaime Galvan, who manages a car wash in Long Beach, Calif. "Most of the people, they're concerned. They don't want to spend."

And a turnaround is no guarantee. President Bush has warned it will take "some time" for the full effects of the bailout bill to take hold in an economy that had a world of trouble even before the banking crisis.

In the meantime, Americans are left find ways to cut back even further.

In Dallas, sales assistant Yvonna Vaughan downgraded from Newport cigarettes to less expensive Kools and wonders whether she'll be smoking generics before long.

In Denver, secretary Bernice Adolf pays close attention to the sales at her grocery store and makes spaghetti at home with her husband on Friday night instead of their usual dinners out.

"We're trying to save wherever we can," she said. "I don't think the bailout is going to last too long."

At Zeitoun, a Mediterranean restaurant not far from the Miami airport, owner Samira Marino has noticed everyone is ordering water and more people are sharing meals.

Mike Belo of Columbia, S.C., hasn't put off any major purchases — yet. But he's keeping an eye on his business as a property insurance agent, which has dipped as new home sales have slowed.

"It's hard to get a handle on it," he said of the bailout. "I'm not in favor of bailing out a bank, but I guess if it's the No. 1 bank that offers the money ... we're in a no-win situation, really."

"If I go under," he said, "no one's going to bail me out."

Contributing to this report were Associated Press writers Linda Stewart Ball, Felicia Fonseca, Kelli Kennedy, Page Ivey, Phuong Le, Joe Milicia, Todd Richmond, Michael Rubinkam, Vicki Smith, Amy Taxin and Catherine Tsai.

http://ap.google.com/article/ALeqM5jOzxfNn1jhXErEemMbUQlBdl4F5wD93KM2MG3