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Living near a high-scoring school can increase your home’s value by over $200,000, according to the Brookings Institute. That’s not chump change! And while some argue that the correlation between home prices and school systems is not linear – it’s a chicken-or-egg argument – there are plenty of attractive advantages that come with proximity to a school, including increased police protection, personal use of school facilities and living in a “Drug Free School Zone.”  

"Even those couples who don't have kids yet, but are planning to, are worried about the quality of schools in the neighborhoods where they are considering buying. My advice is to check out greatschools.org -- and look not only at test scores but parent reviews, special programs that the school might offer, and also which alternative schools are in the area, including charter and private options. High-scoring or popular schools do raise property values and demand for homes, no question," said Stacie Staub, Live Urban Real Estate.

Sounds great, right? Not so fast. Living by a high-scoring school sounds like a no-brainer, until you realize that a school means kids. And kids are unpredictable. And teenagers? Teenagers can mean havoc on your lawn, commute and sleep cycle.

“My wife I are were so excited to move into our first home,” said Ron, a new homeowner and BrightNest member from Boulder. “We were also pumped about the track at the high school right next to our home. I love to run and couldn’t wait to take advantage of it. We bought our house during the summer and all was good. But then when school started, we realized what a mistake we made. Traffic was insane all hours of the day and night, you can tell that the drivers have only had licenses for a year and band practice is now my worst enemy.”

"Living near an elementary school is fine; all you deal with is a bell sounding about every 45 minutes, school bus traffic and the line of parents picking and dropping off. Middle and high schools, though, can be a nuisance most of the year. Older kids can act out, vandalize, drink, smoke pot and more. It may be good to be close to a school if your child attends, but after that short period of time, I tell my clients that they may have regrets," Neil from 360 Dwellings Real Estate said. 

While home value is something to consider because homeownership is an investment, it’s equally important to consider the reality of living in your property.

"I would give the same advice to someone looking to buy a home adjacent to a middle or high school the same advice I would give someone thinking about buying next to a church or meeting hall...there will be times when traffic is increased, noise levels might rise, and street parking might be more difficult to find, but the rest of the time the building is quiet and usually very well maintained -- not the worst thing to have as a neighbor!" said Staub.

Neil adds, "I tell my clients that if they're going to sell, they should list in the summer when school is out. Know though, that when you sell your buyer pool is also limited since most buyers do not have kids in that exact age bracket and don't want to live near a school. So it may be tougher to sell than a comparable home that is farther from a middle or high school."

Before You Buy:

  • Know that real estate agents cannot comment on the perceived quality or differences of schools and neighborhoods, because they will be violating equal treatment and anti-discrimination laws. So, do not expect your real estate agent to be candid about how the school can negatively impact both your home’s value and the quality of life in the neighborhood.
  • Visit the property at multiple times during the day. What is it like at 7:30 AM on a Monday? What about 3:30 PM on a Friday?
  • Check out the neighborhood’s crime statistics. Is there a spike in vandalism? That may be related to the proximity to a high school or middle school.
  • Knock on doors. Neighbors of your prospective home will be the best way to get accurate information about how the proximity to the school may affect your quality of life.
  • If you are hoping to find a home that you can easily sell, you should consider buying farther away from a middle or high school.

Bottom Line: If the home you’re interested is near a high-scoring elementary school, you’ll get the benefits without the hassle. We say, go for it. But, if your dream home backs up to a middle or high school, it’s worth weighting the benefits against the cost before you sign on the dotted line.

Information provided by BrightNest.com.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700complete my online form, or e-mail me at don@donroth.com.

If It Sounds Too Good To Be True...

by Don Roth

These days, "hipster" or "up-and-coming" neighborhoods are basically buzzwords for a good investment, but there can be another side to the story. We asked one woman to share her tale. Her identity, the neighborhood and the city she bought in are left out of the story to respect her privacy and the privacy of the neighborhood residents. 

porch“You’re going to love this neighborhood. It’s really up and coming!”

You know how they say “if it’s too good to be true, it probably is?” Well, I learned that hard way when I bought a house in a neighborhood with uncertain prospects.

I did love the house, but I knew for sure I’d never set foot in that neighborhood before. That should have been my first warning sign.

From there, things just went too smoothly. I easily got the financing. I looked at a map and realized this house in the “up-and-coming neighborhood” bordered a section of town I loved and knew well. And the price was unbeatable.

So, I moved in.  What I didn’t realize at the time was that I was essentially gambling with my home equity. If the neighborhood didn’t improve, neither would the value of my home.

My realtor made a lot of claims. “A florist!” “A coffee shop!” “Health care across the street!” “A new gym!” Her insiders had told her all these things were in the works, and if I moved in now, I could be the lucky investor in a newly refurbished neighborhood.

As you may have guessed by now, this isn’t exactly how it turned out.

The six years I spent in that house were actually pretty good. I loved the layout of the house and the fact that I could see the city skyline out the kitchen windows. Eventually, I got to know a few of my neighbors and even count them as friends. There were spots in this “up-and-coming” location that I did grow to enjoy, but they were all things that were already there before I bought the house.

The awesome shops that the realtor said were “just about to go up” never went up. The gym never opened its doors. And the clinic we were told bought the land across the street never closed on the property. Oh, and the coffee… I had to bike two miles to the closest one.

So while I was up in the neighborhood, nothing was definitely coming anytime soon. When I needed to move, I realized I gambled with this home and lost. I was easily $20,000 under water and prices in my neighborhood had gone down since I moved in, despite the fact that I had spent thousands on improving the place while I was there.

Blame the recession. Blame tough financing for new construction or the city council. It doesn’t really matter. Ultimately, I blame myself. I bought the house because I thought I was investing in a neighborhood that was about to be my dream “place” in my city of choice. I bought into a dream that was never going to happen.

It’s fun to dream of living in the perfect neighborhood before anyone else. It’s even better to imagine the payday you may get from selling a home in said neighborhood. But beware of rhetoric. Most awesome neighborhoods don’t happen in a year or two. It takes decades for that kind of cultural evolution. Next time, I’m buying a house in the neighborhood I love instead of waiting for the fantasy to come true.

I’ll do the following things before signing on the bottom line. Lessons learned:

1. I wish I’d had more frank conversations with my realtor about the likelihood of these new establishments. I didn’t question the “insider information” at all. I wish I pushed my realtor a little more to find out exactly who these sources were and how likely the change would be.

2. If I were to do it again, I’d think more about the neighborhood as it is today rather than how it may be in five years. If I knew the neighborhood wouldn’t change, I probably wouldn’t have moved in. Always weight your options and ask yourself, if the neighborhood didn’t change, would you be okay with it?

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

6 Tips For Hiring Movers

by Don Roth

If moving all by yourself sounds downright awful, it’s time to hire a moving company. Professional movers will help make the entire process faster, safer and easier – but only if they’re top-notch! Hiring the right movers is crucial to making sure you have a happy move instead of a horrible one.

moving truckHere is a six-point checklist for hiring a great moving company:

1. Look beyond the hourly rate.

When choosing a moving company, it may be tempting to pick the one with the lowest hourly rate. Resist the urge! If a mover is charging less than the competition, they’re probably going to cut corners wherever they can, which means your furniture could wind up sporting a new scratch or two.

2. Do your homework.

Before you call a company, go online to see if you can dig up any dirt – or at least read positive reviews. Check the moving company’s complaint history, as well as their standing with the Better Business Bureau.

3. Ask for credentials.

Whether you’re moving out of state or just down the road, the moving company should have some type of moving license, period. Always ask to see their proof of insurance and proper licensing. Moving license requirements will vary state by state, but any company that moves across state lines should have a specific Department of Transportation (DOT) number assigned to them. Tip: You can check for a moving company’s license at ProtectMyMove.gov.

4. Get several estimates.

Once you’ve narrowed the search down to a few companies, ask for a written estimate from each. This estimate should be based on an actual inspection of the stuff you want to move. If a business isn’t willing to send a person to your home to do an estimate, cross them off the list! Movers that only offer to give quotes over the phone can often underestimate the total and may try to charge you for the difference.

5. Avoid hidden fees.

Make sure the movers are aware of everything that needs to be moved to avoid any added charges. The cost of your moving fee may increase if any big furniture gets added at the last-minute, so make sure the movers have an itemized list before they show up. Also, if the moving truck has trouble finding parking by your place, they can charge for the extra distance, so plan ahead!

6. Ask questions about the contract.

Take a few minutes and read the moving contract carefully before you sign. It should detail specific rates, liability, delivery dates and claims protection. If you see something that looks suspicious, trust your instincts and ask about it. Once you’ve signed, keep your copy of the contract until the move is complete, and you’ve fully unpacked.

Information provided by BrightNest.com.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

7 Things New Homeowners Need To Do

by Don Roth

Your first year as a homeowner is kind of like the first year of a marriage. There’s the honeymoon phase, where the fact that you never have to pay rent again feels freaking awesome, but there are also a bunch of new home buyerresponsibilities. You’re building a foundation that will last for decades to come, and small decisions can have large effects on the rest of your life.

People love to give relationship advice, but your friends and family may not be rushing to share tips on being a new homeowner. So, we’re going to help you out. Here are seven things to do during your first year of homeownership:  

1. Prepare for breakage. Being your own landlord has a lot of perks (you can kiss that whole “no pets” policy goodbye!). But it’s less exciting when your dishwasher craps out and you have to foot the bill. You can’t stop things from breaking, but you can set some cash aside to pay for unexpected replacements. As a general rule of thumb, you want to save 1-3 percent of your home’s initial price each year so that you can afford unexpected problems.

2. Form an inspection habit. Detecting certain issues early (like a rodent infestation or mold growth) can be the difference between a simple fix and an unaffordable disaster. Take the time to properly inspect your basement, attic, insulation and roof at least once during that first year. Then, make an annual habit of it!

3. Buy a bunch of furnace filters. Changing your furnace filter regularly is one of the easiest ways you can save money (since your furnace will last longer) and improve your health (since the air you breathe will be cleaner). But remembering to pick up a filter from the hardware store every few months isn’t always so easy. Nip that problem in the bud by purchasing in bulk! Take a look at your furnace and write down the filter size, then order enough to last for a few years (the exact number you need will vary depending on the type of furnace you have).

4. Get to know your appliances. Just like cars and televisions, the appliances in your home have different life expectancies. For example, furnaces usually last for 15-20 years, but water heaters tend to start wearing down after 10 years. It’s worth figuring out how old each appliance in your house is because then you can plan ahead for their replacements. A new furnace can cost as much as $5,000, so a little heads up can really help!

5. Take advantage of tax credits. Owning a home opens up a whole new world of tax incentives! For example, you can receive credits for things like installing solar panels or purchasing Energy Star appliances. Do some research early on about the different tax credits that may apply to you, and then reap the benefits when tax time rolls around! Tip: In general, your taxes will be much more complicated now that you own a home. It may be worth hiring a professional accountant (if you haven’t already) to guide you through the process.

6. Start keeping records. Every improvement or repair you make to your home – from adding caulk around your bathtub to installing a new roof – will increase its resale value. Make sure all of your hard work pays off by keeping track right from the start! Tip: If you’re not crazy about creating an enormous filing cabinet of records, BrightNest members can store their home details online (for free!) in the Homefolio.  

7. Beef up your insurance. Your new home is probably the most valuable thing you own, and you need to protect that asset! Take a good look at your homeowners insurance policy and look for any relevant gaps (this is a situation where professional advice can be really helpful). Two areas of coverage to consider are flood and fire protection, which aren’t always included in standard policies. Tip: It’s also worth taking another look at your car insurance because you now have a much bigger asset (your home) to lose in the event of a lawsuit.    

Information from BrightNest.com.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

 

Tips For the Solo Mover

by Don Roth

A lot of people may say they’ll lend a hand when it’s time for you to move, but when the big day finally arrives, good help can be hard to find. If your friends and family pull a disappearing act on moving day, don’t stress! Most items in your house can be moved with just one person.

moving boxesHere are six tips for the solo mover:

Safety Note: Don’t try to be a hero! If you don’t feel in control of a heavy piece of furniture, don’t move it! A hospital bill is a lot more expensive than a mover’s fee, and sometimes hiring help is the only safe option. If you’re on a budget, check out these eight ways to cut your moving costs by $100 or more.

1. Strip it. If you struggle to shift your dresser just a few inches, getting it down a flight of stairs can be downright intimidating. But, a lot of heavy furniture can be disassembled, which makes it much lighter and easier to move. Take out drawers, remove cushions, mirror or glass tops, knobs and feet. Basically, anything that’s screwed on can be taken off to lighten the load. Tip: Use an ice cube tray to keep track of small parts during the move.

2. Rent moving gear. One dolly can prevent a lot of sweat and frustration (and possibly a hernia). Plus, the cost of renting a few moving tools for the day is a drop in the bucket compared to hiring professional movers. Visit your local hardware store and check out their furniture jacks, scissor lifts and dollies. They’ll do the heavy lifting for you!

3. Don’t lift, slide. You could rent commercial sliders, but a large blanket or throw rug all work just as well! Lift the legs of your furniture one at a time and put them onto your makeshift sliders. Then, drag! Patience is key – move slowly to avoid damaging your floor, walls or furniture. Tip: If you get the furniture onto sliders, but still can’t move it with your arms, use your leg strength! Lie on your back, place your feet on the furniture and push with your legs.

4. Walk it out. If you don’t have a slider handy, and you’re moving a chair, use it’s legs. It’s time consuming, but you’ll avoid the heavy lifting! Put the chair on its back two legs and “walk” the chair left foot and then right foot. You’ll eventually get it out the door.

5. Remove the hinges. If you ordered some furniture and then had it assembled inside of a room, getting it outside can be tricky! Before you think about sawing that entertainment center in half, try taking the doors off of their hinges. You’ll gain a few inches of wiggle room – which can sometimes be enough to slide that bulky furniture right on out!

6. Beware of the second floor. If you have extremely heavy pieces of furniture on a second or third floor – such as a big sofa or desk – it’s really not safe to move it by yourself. This is because once you angle something down the stairs, gravity will actually increase the weight of the furniture, and it’s very easy to lose control!

Information from BrightNest.com.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

This is a great article by Peter Fletcher of Residential Settlements!

mortgageA pre-approval is one of the greatest assets a home buyer can get.

Pre-approval is a written assessment of your worthiness for a loan. When you seek pre-approval for a home loan, your lender will assess your ability to pay, as well as your credit history, to decide how much they are willing to lend you.

Although you can make an offer and go through to the start of property settlement without having pre-approval, smart home buyers get pre-approval before they make an offer.

Really smart home buyers get pre-approval before they even start going to home opens.

Here’s why you should, too:

1. You get a better choice of properties. When you visit a home open and talk to a real estate agent, letting them know that you have pre-approval is a sure-fire way to get them to take you seriously as a buyer. Once a real estate agent knows you’re serious about buying, they’re likely to call you about potential properties before they’ve even hit the market, giving you a better choice of properties, and potentially cheaper deals.

2. You get a better deal. To sellers, pre-approval is almost like a guarantee that the deal they strike with you won’t fall over. Sellers want certainty, because if the buyer they choose can’t get finance, the seller will have to start marketing their property all over again. To them, this certainty is worth money – I’ve seen plenty of deals where the seller has accepted a lower offer because that buyer had pre-approval and the higher offers didn’t.

3. You won’t waste time looking at homes you can’t afford. Getting pre-approval will give you a much better idea of what homes are within your price range, so you’ll know in advance which properties are too pricey to waste your time on.

4. You won’t have your heart broken. Imagine falling in love with a property and even going so far as to make an offer on it – only to find out at that it’s out of your price range! Save yourself the disappointment of having a deal fall through by knowing in advance what you can (and can’t) afford.

If you’re planning to buy a home, get a pre-approved home loan from your chosen lender. Your seller, real estate agent, and settlement agent will thank you for it – and you’ll be glad you did.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com

Buy Low, Be Happy

by Don Roth

HomeGain.com, an online real estate marketing firm, recently released a study on homeowner satisfaction. HomeGain found that homeowners with the lowest cost basis were the happiest. Specifically, HomeGain found homeowners who acquired their properties for less than $75,000 were the most satisfied.

Now, HomeGain's survey might seem like an exercise in belaboring the obvious, but it's proof that price really does matter. Despite what has occurred in housing over the past four years, if you purchased a $75,000 home a few years ago, you're likely ahead on your purchase (which is why you're satisfied).Though it might be obvious, HomeGain's point is, nevertheless, worth driving home to our clients. Price matters, and it matters a lot. Buying at a sufficiently low price can offset many sins.

Low prices are found mostly in depressed markets, which is the housing market today. Depressed markets are ephemeral, so if we want to maximize our clients' happiness in 2020, it behooves us to impress upon them the importance of buying today.

Courtesy of Jessica Regan.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

What Happens If You Wait to Buy Your Harrisburg PA Home?

by Don Roth

Below is a visual showing why “waiting for prices to drop” doesn’t make sense in this market....

why wait to buy

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

Harrisburg PA Real Estate Rebound Among Strongest

by Don Roth

Rismedia.com reports there are various signals that the real estate market is on the rise. They have recently reported statistics pointing to an industry turnaround, including a 15 percent rise in housing starts in September; a surge in builder confidence in October, an increase in mortgage applications and a slew of regional market improvements across the country.

A recent Marketwatch story written by Amy Hoak points out that housing markets in the Great Plains, including those in North and South Dakota, Texas, Wyoming, Nebraska, Louisiana and Iowa, are showing the most signs of strength these days, according to a recent report from Veros, a risk management and valuation services firm.

Hoak notes that Bismarck, North Dakota., is expected to be the strongest market in the country in the year ahead, with housing values appreciating at a 5.6% clip, according to Veros. Our Harrisburg/Carlisle market is projected to be among the strongest to rebound in 2012 making now a great time to buy!! Get your dream home now before prices start to go up.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

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