Monday, January 4, 2021 / by Troy Bryant
Outdated kitchen. Overrun backyard. Unusable basement space. If you have a home renovation project on the mind, the first thing you have to consider is how you are going to finance it. Here are the most common options to make your dreams become a reality.
Cash. Paying in cash is the most straightforward financing option, just save until you have enough money to cover the expenses. This will help eliminate spending outside your budget; however, it can also extend your timeline.
Mortgage Refinance. If you’ve been making payments on your home for a few years and your interest rate is higher than current market rates, you may be eligible for a mortgage refinance, reducing your payments and freeing up some money.
Cash-Out Refinance. You can tap into your home equity and borrow up to 80 percent of your home’s value to pay off your current mortgage plus take out more cash to cover the renovations. This option is encouraged only when you’re making improvements that will in ...
Friday, December 11, 2020 / by Troy Bryant
4 Ways Your Bathroom Can Impact the Value of Your Home
Most real estate professionals agree that a home's kitchen and bathroom are two of the biggest selling points for homebuyers. However, even if you're not planning to sell your home in the near future, you should want your bathroom to be as cozy and accommodating as possible since most people spend considerable time in that room each day.
To add value to your home, or just make it more attractive and useful, here are several upgrades to consider:
Shower, Tub, Sink and Toilet
Have an expert check your bathroom plumbing to ensure it remains in good condition. Repair any leaks in the water lines and remove evidence of mold or mildew. Fix a dripping faucet and replace worn or rusty hardware in your shower, tub or sink. Additionally, remove hard water stains in the toilet bowl or grunge around the base.
You may want to repair or replace fixtures that appear dated or that show wear, such as a chipped bathtub ...
Saturday, November 21, 2020 / by Troy Bryant
Refinancing your mortgage is something most homeowners consider at least once throughout the lifespan of their home loan. It allows you to pay off your previous loan by applying for a new one that has better financial advantages. While there are many good reasons to refinance, here are five common ones.
Scoring a lower interest rate. The number one reason homeowners decide to refinance is to secure a lower interest rate on their mortgage. Not only does this save you money in the long run and decrease your monthly payment, but you can start building equity in your home sooner.
Using an improved credit score. Even if interest rates have not dropped in the market, if you’ve improved your credit score over the last few years, you may be able to reduce your mortgage rate.
Shortening the loan’s term. If interest rates are decreasing, there is a chance you may be able to get a shorter loan term with little to no change in your monthly payment, allowing you to pay off your loa ...
Monday, November 2, 2020 / by Troy Bryant
Hanging out with your family or hosting friends on your old, dingy deck is not very appealing. Lucky for you, refreshing it doesn’t have to be difficult or expensive. Try your hand at the makeover ideas below!
Restore your decking. Depending on the shape it’s in, sometimes all your deck needs is a little love. If it’s still fairly new, your deck might just need a deep cleaning and a new coat of sealant. There is a multitude of deck finishing and cleaning solutions on the market to choose from to achieve this. However, if it's more worn down, the rejuvenation process may be a bit longer, including searching for larger repairs, tightening any hardware, giving it a good cleaning, applying a stain, sealant, and paint, and more.
Add lighting. Ambient lighting can completely transform your outside space into a relaxing, cozy oasis. Consider adding solar lights that don’t require a plugin or battery replacement. The lights turn on automatically when the sun sets, mak ...
Thursday, October 29, 2020 / by Troy Bryant
The coronavirus pandemic has made it clear that there is no going back to office buildings anytime soon. Maintaining social distance and staying indoors are necessary precautions to remain safe. Although working from home is not an entirely new concept, it suddenly became the norm for many people. With no clear end in sight, making this remote work situation as comfortable as possible is crucial.
It is ideal to establish a home office that makes the adjustment more manageable in the long run. Most likely, this setup will be more widely accepted well after the crisis has passed, so establishing a dedicated workspace is not a futile effort. Making it green is easily attainable and eco-conscious individuals don’t have to disregard their sustainable living considerations.
“It is now widely recognized that there are two sides to the eco-friendly design,” says Oliver Heath, the director of Oliver Heath Design ...