Deciding to renovate your home is a tough enough decision on its own but now that you’ve decided to do it, you need someone to do the work. It would be awful to put time and money into a renovation that was done wrong or badly. Today’s article gives nearly 20 tips on finding the right contractor. Here’s one, “Check licenses, complaints and litigation history. General contractors and most subcontractors should be licensed, although the procedure varies by state and municipality. Check the disciplinary boards, Better Business Bureau and local court records for problems. Ask the contractor for a copy of his license and copies of the licenses of the major subcontractors who will work on the job.” To read all of them, CLICK HERE.
Thinking of buying a new house at the beginning of next year? Today’s article discusses how you can evade paying way too much for a new home. Here’s one tip, “Do not rush into buying a house. While this is your potential home, it is also likely the biggest purchase of your life and you cannot make it lightly. If you find yourself too connected to a property, you may actually be more willing to overpay. It’s important to remain unattached and consider all options before you make an offer.” To see all of the tips, CLICK HERE.
Today’s article is telling you the truth when it comes to five mortgage myths. Here’s one, “A house is a great investment. It can be a good long-term investment, but nothing in real estate is guaranteed. Particularly if you plan to live in the home for several years, and you can’t afford to lose a lot of money, you need to think of your house as a house – not a financial tool designed to pad your investments or retirement.” To read more, CLICK HERE.
When you are planning to buy a home, your first thought may not be to buy a foreclosed home. However, if you do find yourself deciding whether you should buy a foreclosed home, you should check out today’s article. The article explains step by step what you should do. Here’s one tip, “Get Help From a Real Estate Broker Who Specializes in Foreclosed Homes. Some real estate brokers and agents have relationships with banks, and broker the selling of the banks’ foreclosed properties, also known as “real estate owned” properties.” To read all of them, CLICK HERE.
With all of the home improvement shows on television now, buying a fixer upper and creating an amazing house seems like a no brainer. But can you actually afford to buy a home that may require major repairs and improvements? Today’s article discusses your options. Here’s what they had to say, “committing to a fixer-upper is a big decision, one that can impact your financial picture for years to come. Before you start swinging a hammer, you’ll first need to find a way to finance your purchase. You may need a specialized mortgage product to buy a fixer-upper. Some lenders and loan types want properties in “move-in ready” condition, which can obviously pose a problem.”
Buying your first home is an exciting life event. But it can also be the most stressful event in your life. Today’s article features several different loan options for the first time home buyer. Here’s one, “If you don’t have much to put down on a home, a Federal Housing Authority (FHA) insured loan could be the way to go. Insured by the U.S. government, they are available for first-time buyers and allow you to put as little as 3.5 percent down, according to the Housing and Urban Development FHA website.” To read more, CLICK HERE.