Redfin Flickr When homeowners need to do major renovation work in their home, they usually set out to find a contractor to handle the project. Keep these things in mind when choosing the right contractor for your home: Door to door: If a contractor knocks on your door and lets you
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What Your Contractor Doesn’t Want You To Know
House Logic Flickr He’s not going to do the majority of the work: General contractors often times don’t do the physical labor themselves. Normally their main role is to gain clients, manage the budget, and schedule subcontractors. Be sure to ask who will be in charge of the job site and
Continue reading9 Things To Buy Secondhand For Your First Home
Flickr Silverware Dishes Glasses and cups Toaster or toaster oven Dining table Side table Lamps Bedframes Decor
Continue readingBenefits Of Owning A Home
Freedigitalphotos.net Tax deductions: Mortgage interest and property taxes are actually a huge benefit to a homeowner when April 15th comes along. Appreciation Equity: The portion of the home that is actually owned rises over time. Equity and appreciation often leads to the purchase of a better second home. According to the National
Continue readingProperty Tax Exemptions
Flickr.com Homeowner (Homestead) Exemption: Actually living in your home instead of having an investment property or vacation home entitles you to a sizable tax break. Senior Citizen Exemption: Senior citizens may be eligible for tax breaks. Home Improvement Exemption: If significant improvements are made to your home, the increased value of your home
Continue readingGreen Upgrades With Fast Pay Offs
Nerdwallet Freedigitalphotos.net Compact fluorescent bulbs: These bulbs are affordable and claim to last as long as 10 incandescent bulbs (10 years with about 3 hours of use a day), and will save the homeowner $60. For a home with 25 light bulbs, you can buy new compact fluorescent bulbs for under
Continue readingShould You Refinance?
Freedigitalphotos.net Benefits of refinancing Paying off your mortgage early: For example, if you go from a 30 year loan to a 15 year loan without a big increase in your monthly payment, you could save thousands of dollars in interest while quickly increasing the equity in your home. Increase cash flow: Obtaining
Continue readingWhat Are Closing Costs?
www.realtor.com Flickr.com Closing costs are the fees which are charged by lenders and third parties related to the purchase of a home. What exactly makes up closing costs? Below is a break down of the different components: Escrow/Attorney Fees: Some states require third party escrow companies handle real estate closings while
Continue readingFinancial Advantages Of Owning A Home
Redfin Freedigitalphotos.net No inflation: If you rent an apartment for $1,800 a month and the inflation rate is about 3%, your monthly rent will increase to over $2,000 a month in just 5 years and you will have paid about $115,000 of your landlord’s mortgage in that time. When you own
Continue readingUpdating Kitchen Cabinets For Under $100
houselogic.com freedigitalphotos.net New Hardware: Cabinet hardware is like jewelry for cabinets; it can really dress them up. Hardware can be expensive, costing $30 and up for a single piece, but if you shop around and buy a 10 pack at a big box store you may pay only $2 a piece.
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