How To Find Off-Market Properties

You may be inclined to think that if a property isn’t listed, it’s not for sale. Most of the time that’s true, but there are exceptions. Homes for sale that aren’t listed publicly may be called off-market properties, pocket listings, or quiet listings. There are multiple reasons for this, but regardless of the reason, finding these properties quickly can earn you an advantage when trying to buy.

The easiest way to find these properties is with someone else’s help — usually an agent, but investors and builders likely have connections as well. Someone with connections in the industry might know of an opportunity for you already without any searching. Even if they don’t, they can help you search. Agents can search for properties that are “coming soon” — ones that aren’t officially on the market yet, but will be once the listing is finalized. They can also help you find probate sales, pre-foreclosures, and inherited homes. Some agents even specialize in helping clients navigate the legal intricacies of these types of sales.

Sometimes you want to talk to the homeowner directly — though an agent can still help you with this. Agents with a client who is looking to buy will frequently send out letters to owners of properties that fit the buyer’s specifications. Homeowners might be considering selling but either haven’t decided yet or don’t want to list publicly. These letters help to find homeowners in this type of situation. You might also come across a home that is For Sale By Owner, commonly abbreviated FSBO. This means that the homeowner is planning to sell without the assistance of an agent, or sometimes is an agent themself. These properties probably won’t be listed on an agent’s listing service, but an agent can still help you with the transaction if you’re able to discover one.

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Tips For Selling Your House As-Is

Selling your home as-is means listing it in its current condition without making repairs or upgrades. This approach isn’t for everyone, but it can save you time, reduce your up-front costs and speed up the selling process. That said, it’s important to know that you’ll likely need to accept a lower price and potentially a smaller pool of buyers. Here are a few ways to help make the process easier.

Before listing your home, make sure you and the prospective buyers know exactly the condition of your home and have a good idea of its value. For most sales, a home inspection only occurs after an offer is made. However, you should consider a pre-listing inspection. It gives potential buyers a clear understanding of the home’s condition, which builds trust and can lead to quicker offers. This also helps you to disclose any known issues up front to avoid legal issues later. Buyers will also appreciate the honesty, and serious ones are more likely to stick around.

You should also work with a good agent to determine a fair price based on market conditions and the home’s condition before listing the property. Listing a home at one price and significantly altering it later can look like either dishonest or shoddy work. You and your agent can also collaborate to highlight your home’s best attributes. Does your home have a fantastic location, rustic charm or positive quirks? Make sure those positives shine in your listing.

Another tip is that even if you don’t make full repairs, small improvements go a long way. Clean thoroughly, declutter, and consider a fresh coat of paint to help your home make the best impression. As-is means as it was when listed, not as it was when you decided you wanted to list. Don’t feel like you can’t improve anything in the meantime. Besides, new paint is a plus that can be added to your listing description.

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How To Cut Back On Moving Costs

One cost that many new homebuyers forget to factor into their budget is moving costs. It may seem like a drop in the bucket compared to the purchase price of a house, but it shouldn’t be overlooked. Between packaging, transportation, and potentially needing to take unpaid time off work, the expenses can add up. Fortunately, there are ways to reduce those costs.

Individually, boxes aren’t very expensive. However, when you’re moving everything in your house, you may need dozens of them. Try to pack up everything you won’t be using anytime soon in advance, to have a better gauge of how many boxes you’ll need. This also gives you time to look for used boxes — most people don’t need their boxes anymore after moving and end up recycling them, but some will put them up on places such as Craigslist or Facebook Marketplace. In addition, even new, buying them in bulk is generally cheaper per unit. Another tip is that grocery stores and retailers often don’t have a use for the boxes their products ship in, and may even be willing to give them up for free.

Some moving companies will offer packing services, but this can ramp up the labor costs. And if you’re packing ahead of time, you’ll need to have your own packing materials. Luckily, you probably already have packing materials and don’t know it. Packing peanuts aren’t actually any more effective than soft clothing, towels, or blankets. Using them as packaging material instead of packing them separately also means you’ll be using fewer boxes. For fragile objects, wrap them in newspaper –if you still subscribe to any print newspapers, despite many newspapers now being online-only.

The biggest cost is often transportation. Renting a moving truck is expensive by itself, and you will also likely need to pay the labor costs for bringing your boxes into and out of the truck, as well as gas costs. Ask friends or family members if you can borrow their truck. You should probably still offer to pay for gas and food, but it would still be a small fraction of the cost.

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Benefits Of Homeownership And Resources To Achieve It

Having a roof over your head is important, but that’s certainly not the only benefit to homeownership. While renting may be cheaper in the short term, it’s certainly more expensive in the long term. That doesn’t even get into tax advantages and equity building, which are further financial benefits of owning a home. There are also non-financial benefits. When you’re a homeowner, changes you make to your living space don’t need to be approved by a landlord, and you can bring whoever you want into your home, including pets. Owning a home is also less stressful because you don’t have to worry about getting evicted or priced out of your home because the owner decided to sell it.

Fortunately for those of you looking to achieve homeownership, there are resources available. The HUD, the National Association of REALTORS®, and Habitat for Humanity all offer programs for first-time buyers as well as low-income buyers. In addition, local communities and real estate professionals share resources and host events to educate prospective homebuyers. Such events are also more common during the month of June, because it is National Homeownership Month.

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How To Make New Friends After Moving As An Adult

One of the big concerns parents have when moving is whether their children will be able to make new friends. For children, though, making friends typically comes naturally as they meet classmates or neighbors their age, whether they have anything in common or not. There’s often a bigger struggle for adults, as routines and commitments can get in the way, and adults usually aren’t exposed to as many people every day. So when you find yourself in a new place, it can be difficult to make new friends with the alacrity one could as a child. Adults have to make a conscious effort to find new friends. Here are some tips to help make that happen.

Find interest-based meetups. Whatever your hobbies or interests, if you live in a city, you can bet that there’ll be a public meetup group where like-minded folk can mingle. Whether it’s birdwatching, fantasy movies or trainspotting, it’s almost guaranteed that you’ll find others following the same pursuits.

Volunteer for causes you’re passionate about. If you believe strongly in a cause, volunteering in that field will bring you into contact with others who share your passion. Working as a team to evoke change in any environment will bring you into contact with people you share common ground with.

Use your current friend network. If you already get on well with someone, it’s pretty likely that you’ll get along with other people in their circle. Ask a friend for recommendations for new people you can hang out with. Be specific: for example, ask if they know anyone you could play tennis with.

Join classes. If dancing is your thing, find a local dance class. If you’re a fitness fanatic, join a spin class. If you feel your culinary skills are rusty, find a cookery class. Think about things you’ve always wanted to try but never had the chance to; most adult classes will usually have some kind of social element.

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Home Libraries Are Increasing In Popularity

Conventional wisdom dictates that large spaces that can be adapted to multiple functions, such as extra bedrooms, are the best way to draw a large variety of buyers. But if you know exactly what buyers are looking for, you don’t need a variety — just someone who’s very interested. And right now, what many buyers are interested in is a personal home library.

Obviously, a bedroom can be turned into a library. But for many people, that’s a waste of space, because they’re not going to use most of it. Buyers are wanting small, cozy spaces where they can relax with a good book or focus on a task without any distractions. If the space is too large, the homeowners might feel compelled to make it a multifunctional room in order to make the most of the space. This isn’t necessarily an issue, but would certainly make it difficult to concentrate.

An extra bedroom may still have more resale value in the end, but resale value doesn’t matter if you can’t get your home sold. There’s been a shift in priority towards homes that suit individual needs and can express personal aesthetics, so that buyers can feel comfortable in their new homes, rather than simply treating it as a roof over their head or cash in the future. This is especially true for high-end buyers, who can afford to be more picky about what they’re looking for.

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How To Make The Most Of A Small Outdoor Space

If one of your priorities when looking for a home is a backyard or other outdoor space, you’re probably taking the size of the outdoor space into consideration when making decisions. However, you shouldn’t necessarily discount smaller outdoor spaces. It’s possible that a smaller space is perfectly suitable to your needs. First think about what you intend to use the space for — a small backyard may not work for large gatherings, but can be effective for personal relaxation.

If you know you have sufficient space but are worried about the space looking and feeling small, there are plenty of ways to fix that. Ambient lighting can make any space feel larger or more inviting than it is. Or sometimes the outdoor space feels smaller because it lacks certain features that you’d expect, such as a deck or patio, but perhaps there’s room to add one. You could also potentially connect a backyard and side yard into one, larger L-shaped yard. Another method to fool your senses is to use smaller or foldable furniture, which offers cozy places to sit without crowding the space.

Maximizing the available space isn’t just about perceptions, though. It also requires planning out the best way to use the space. Flower beds and lawns tend to take up a lot of the backyard, so consider different types of landscaping. Landscaping that fits in smaller spaces is also typically easier to maintain. You should also think vertically. No matter the size of your yard, it can be expanded upward. Hanging planters and trellises don’t take up much space on the ground. You can also add shelves and place plants in rows and columns. Vertical gardening is also multifunctional — raised garden beds can be benches; shelves can also be bookcases; trellises can be attached to a privacy fence; plants can hang from light fixtures.

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Suggestions For The Perfect Housewarming Party

If you’ve just moved into a new home, you might be considering a housewarming party. But you may not know what that looks like. Luckily, there are many different kinds of housewarming parties, and there’s bound to be an idea that an appeals to you. Here are just a few suggestions — but don’t feel limited to these, if you have ideas of your own.

If your new home has a great outdoor entertainment area, you may want to show it off, assuming weather permits. You could have a relaxed picnic in your backyard, or you could end the night by toasting marshmallows over a bonfire.

For those of you who just want to drink and be merry, there are a couple different options. You could set up a cocktail bar in your own home or ask guests to bring their favorites. If you want the focus to be on your new neighborhood, you could instead check out local beverages and host a drink tasting.

Maybe fun and games is more your vibe. Board game nights are a popular family tradition, and it doesn’t hurt to get new neighbors in on the action — they may even become regulars at your table. You could also turn exploring your new home into a competition. Organize a treasure hunt and give prizes to the winners.

Are you the artsy type? Maybe your neighbors are too. DIY arts and crafts are a good way for people to get to know each other without feeling like they need to socialize. Gifting your neighbors cookies is common, whether you’re the new neighbor or the old one — but why not make it more personal? Invite your neighbors over to decorate cookies, then share them with each other.

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What’s The Difference Between A CMA And An Appraisal?

Prospective sellers unfamiliar with the process may look to real estate agents for an appraisal. In some cases, an appraisal is what they want, but that’s not something a real estate agent can provide. In other cases, what they’re actually looking for is a comparative market analysis, or CMA, which an agent can indeed help with. These are both methods of property valuation, but they have significant differences.

A CMA is an estimate of what buyers are likely to pay based on recent market data. A real estate agent creates a CMA by analyzing market trends and researching recent sales and listings of similar properties. By comparing the prices and amenities of those properties, the agent will arrive at an estimate of market value, which will be a price that, in a normal market, a willing buyer would pay a motivated seller. In most cases, this value is likely in the vicinity of what the agent believes would be an effective listing price.

An appraisal is created by an appraiser, not a real estate agent. An appraiser is an independent licensed professional who objectively looks at the condition and location of a property as well as the quality of comparable sales and makes proven value adjustments to the comparable features where they differ from the subject property. With an appraisal, the ultimate value is defensible and documented and is arrived at by someone who has no interest in the property. It’s not uncommon for this value to differ slightly from the value estimated by a CMA, though a large difference may raise some questions.

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What Is A Promissory Note?

A promissory note is a legal document that will be created if there is a loan being obtained as part of the purchase of real property. The written note is designed to enforce a borrower’s promise to pay back a lender. The payor agrees to pay a certain amount of money to a payee in the future on a specified date. The note must spell out the name of the payor and the payee, and it must be signed by the payor.

It does not have to be notarized, but to be enforceable, a promissory note must contain an unconditional promise to pay a sum of money under specified terms and conditions of repayment. The note must also include an absolute date for payment. A concise promissory note will also include an interest rate and describe the collateral being used to secure the note.

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Tips For Integrating With Your Community After Moving

Moving to a completely new area is exciting, but the early days can also feel isolating. Finding your community is the key to feeling at home, and luckily, there are plenty of ways to do just that. Here’s how to start making connections in your new neighborhood.

Simple as it may sound, one of the best ways is to just get out there. Get to know your physical surroundings. You don’t even need a plan — take a walk or bike ride with no specific destination, and you’ll soon come across the local coffee spots, parks and community centers where people hang out. If you feel like you need a friend to help you along the way, introduce yourself to your neighbors. Most people appreciate a friendly new face. This is even something you could do before buying a new place, to make sure the community is right for you.

You could also go with a more structured route. Look for clubs, sports leagues or hobby groups that match your interests. If there are none to your usual taste, endeavor to try something new. Whether it’s a book club, yoga class or local volunteer group, shared activities help forge friendships faster. Perhaps there isn’t a regular group that appeals to you, but many towns host local festivals, farmers’ markets and outdoor concerts. While these won’t occur as often, these types of gatherings can still offer a relaxed way to meet your neighbors and learn a bit more about local life. Keep an eye on social media or your town’s local website or forums for upcoming events.

Speaking of social media, it’s also a perfectly acceptable method of finding local people, not only events. Online social media platforms such as Nextdoor, Meetup or local Facebook groups can connect you with people nearby. Many communities have online groups for newcomers, making it easy to ask for recommendations and join in on local happenings.

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Fun Tree Facts For Earth Day

There’s growing research into how trees are much more social beings than we’ve realized, as forestry ecologists look into the way trees communicate. Trees have demonstrated using networks of fungus in the ground, relaying messages to each other warning of predators, sharing nutrients with their “sick” neighbors, and even forging “alliances” with different tree species.

The underground fungal networks used by trees have been likened to the internet, variously called the “wood wide web,” “mushroom internet” or “mycorrhizal network.” Vast swathes of mycorrhizal fungus connect different trees in the forest. Trees are then able to send nutrients through these pathways to be picked up by connected trees as well as chemicals that act as “distress signals,” causing their neighbors to release substances that can defend against disease or attack from predators.

Ecologist Suzanne Simard is one of the researchers delving further into these studies. During one of her studies, she witnessed a Douglas fir tree that, having been colonized by insects, sent chemicals acting as a warning to a nearby ponderosa pine tree. This caused the pine to create enzymes that would protect it against insects. In other studies, she has seen older trees sending carbon, nutrients and water to young seedlings, the same way a mother would nurture her child.

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How Does LEED Certification Work?

LEED stands for “Leadership in Energy and Environmental Design,” and is a certification system originally developed by the U.S. Green Building Council but now used worldwide to promote energy-efficient, eco-friendly construction. The LEED standards prioritize energy and water efficiency, improved indoor air quality and sustainable building materials, and reduced carbon emissions.

Buildings can be awarded a rating of either “certified,” “silver certified,” “gold certified” or “platinum certified.” Points are earned by incorporating sustainable features such as proper insulation, high-efficiency appliances, nontoxic materials and water-saving fixtures. You can earn points whether you’re building from the ground up or making renovations, so you should continue to pay attention to LEED guidelines even if you aren’t building new to potentially achieve an official certification.

Beyond being a smart choice for the planet, a LEED-certified home offers long-term financial benefits. The lower energy and water consumption of a certified home leads to reduced utility bills, and homes with LEED certification also tend to have higher resale value. As buyers become increasingly eco-conscious, these kinds of sustainable living spaces are more in demand than ever.

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What Is A Breach Of Covenant?

A covenant is a binding contractual agreement between two parties to do or not to do a specified act. Covenants are usually enforceable by the courts if they are reasonable, clear, definite and lawful.

A breach of covenant is the failure to obey a previously agreed-upon legal arrangement that was created honestly and in good faith. When one party to a contract refuses to uphold their obligation as spelled out in that covenant, that party is in breach.

In real estate, a breach of covenant most often occurs when a buyer or seller backs out of a contract to buy or sell a home. A breach can also occur when either individual fails to perform any of the terms of a purchase contract. Breaching a contract should be taken seriously. The party who has suffered from the breach usually has recourse in a court of law, where the legal remedy could result in monetary damages being awarded.

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Seven New Fire Hardening Methods In Wake Of Recent Fires

Back in 2022, California suffered a series of wildfires. The response from the government was to require proof from homeowners that the structure met current fire safety guidelines, including a five-foot ‘defensible space’ surrounding the structure where no combustible materials should be present. Unfortunately, the recent fires in California have proven that simply requiring proof of meeting existing guidelines wasn’t enough. Our fire safety needs to improve, and with that come seven new methods of fire hardening. While these aren’t legally mandated, they are certainly recommended and your homeowner insurance may start to require them.

Three of the new recommendations focus on the defensible space. In addition to avoiding placing or building using combustible materials within a five-foot defensible space, such materials or vegetation also should not be placed underneath decks. The defensible space should also be extended vertically as well as horizontally, to six inches underneath the exterior surface of the building. Additional buildings should not be constructed using combustible materials within 30 feet of the main structure, if the lot is large enough to build them farther away. The remaining four recommendations are specific materials or upgrades: a Class-A Fire Rated Roof, enclosed eaves, fire-resistant vents, and multi-pane windows.

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Eco-Friendly Gift Ideas For The Holiday Season

Gift giving often comes with a lot of waste. A significant amount of this is the wrapping paper or gift bags, but the gifts themselves can also generate a lot of waste. Fortunately, there are ways to mitigate this without making your gift any less meaningful.

Your gift doesn’t have to be a physical object at all. Consider gifting an “experience” instead: for example, a day out at the theater to a show you know they’ll love, a pass for a museum, or dance lessons. Or, simply take time off work to be with them, or offer to help them so they can use their added free time as they wish.

For those who appreciate practicality or aren’t big on surprises, there are some additional options. Talk to your loved ones. Ask them what they want or need. It won’t be a surprise when they get it, but you’ll know it’s something they truly want. Plus, you don’t need to wrap it if they already know what it is. If your friends or family have bills piling up or a debt they’d like to be able to settle, just offer to pay it for them. But just in case they still like the gift giving nature of the holidays, try to purchase more sustainably. A good way to do this is to buy used or secondhand items. The stigma around secondhand items or regifting doesn’t really need to exist, especially if it’s something that you know the person who’s receiving it will appreciate.

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How To Conserve Heat In The Winter

Though much of California doesn’t experience temperatures below freezing, winter is noticeably cooler than the rest of the year even in the most temperate areas of the state. So regardless of where you live, you may want to conserve heat in the cooler months. The easiest and fastest way to do this is by turning on the heater, but it’s most certainly not the most energy efficient way. It’s also easy to combine multiple methods.

There are a couple of cheap and relatively easy options. One is to reseal your doors and windows. Over time, the caulk and weatherstripping around doors and windows may begin to degrade. This may seem like a minor issue, but even small cracks or holes can result in heat loss. Make sure to replace damaged weatherstripping or recaulk. The other is to purchase thermal curtains. Thermal curtains are not particularly expensive, and are effective at trapping heat inside. This is especially the case if you don’t have dual-pane windows.

Some options cost nothing at all. An option that many people never think of is to change the direction of ceiling fans. Many people with ceiling fans are aware that they can go both directions, but most don’t realize that a low-speed clockwise rotation will push warm air down from the ceiling to which it has naturally risen. Closing the doors in rooms that aren’t in use also helps, by reducing the space in which warm air is distributed. However, this is more effective if you are already using a heating system. The last option is passive solar heating. This refers to opening curtains during the day, when the sun is shining into the home and raising the ambient temperature, and closing them at night to trap the heat inside. Thermal curtains can certainly help with this, but any curtains will do.

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How To Decide On The Right Home Security Option For You

There’s a wide range of surveillance systems that can improve your home security. Not all of them will be the right fit for every situation or homeowner. There are lower cost and higher cost options, and some require more or less technical know-how. You also always have the option to hire a professional installer if you need help.

Besides simply not having any security at all, the lowest cost option is a fake security camera. These won’t record anything, but may act as a deterrent. They’re also easy to install. If you want some actual recorded evidence, but don’t want to spend too much, wired cameras are the way to go. It’s difficult to move them once they’re installed, and the wire is a liability, but they don’t cost as much as wireless security systems and you probably won’t need a professional to install them. Wireless security systems are more flexible, but will need a bit of technical savvy to make the most of their features.

There are also some options adapted to specific uses, as well as packages geared towards different levels of technical knowledge. Night-vision cameras use infrared to monitor conditions in low light, though the images will be in black and white. Some advanced cameras may have both daytime and night-vision modes. Covert cameras are mainly for indoor use, as they can be hidden inside the home to keep an eye on the situation while you are away. These can be useful if you have a babysitter or housekeeper. If you don’t have much knowledge of security cameras, there are plug-and-play home surveillance camera kits you can purchase that have everything you need to get started along with an instruction manual, and are available for both wired and wireless systems. For those with some more expertise, there are advanced products available, such as quad processors that allow you to network camera systems, remote monitoring tools, DVR recorders, and other accessories.

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Six Important Things To Look For When Viewing A Home

When viewing a potential new home, it’s important to look past the surface and spot any hidden issues to make an informed decision. Here are six key things to keep an eye on.

Prioritize the things you can’t change easily. It’s easy to be distracted by the current residents’ taste in decor, but focus on the layout, light and space instead. Remember, you can change paint colors and furniture, but structural elements are much harder to fix.

Check for water damage. Look closely at ceilings and walls and under sinks for any signs of water damage, such as stains, peeling paint or black mold. These can indicate leaks, plumbing issues or damp problems that could lead to costly repairs later.

Inspect for cracks. Small hairline cracks can be harmless, but larger or zigzagging cracks could signal serious structural problems. Check around windows, doors and the foundation for any significant damage.

Test the windows. Make sure windows open and close smoothly and check for drafts, condensation or fog between double panes. Poor window conditions can lead to energy inefficiency and higher heating bills.

Sniff out strange smells. Unusual smells, such as mustiness or sewage, can indicate hidden problems such as mold or drainage issues. Be sure to ask about any odors that seem off.

Assess storage space. Don’t forget to evaluate the storage available. Open closets, check for attic or basement access, and ensure there’s enough space for your belongings.

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Take Full Advantage of Open Houses

If you’re looking to buy a new home, open houses can provide you with many opportunities to make your new-home hunt more fruitful. You can learn about the sellers, the neighborhood and the details of the home. If you’re able to, try to time your visit for when there are very few lookers roaming through the house. In a hot market, an open house may be the only time to see a property.

Any time you’re going to an open house, you’re looking at the home. You should also be learning, though, not just looking. Walking through a home will help determine what amenities you can afford at a certain price. You can make market comparisons by visiting several open houses.

Don’t just pay attention to the home itself. Be tuned in to the conversations of other visitors, and you will benefit from the insight of others about the home and the neighborhood. If you can get one-on-one time with the listing agent, find out all you can about the seller and the motivation behind selling the house.

The home’s surroundings are also important. Get to know a prospective neighborhood by taking a walk through it. You will be able to see the pride of ownership, learn the traffic patterns and find out more from meeting some of the neighbors.

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