Thursday, September 23, 2021 / by Matt Davies
Thanks to HGTV, "Demo Day" is often thought of as the fun part of renovation and construction. Owners and celebrity reno stars wield sledgehammers and power tools while kicking down drywall, tearing out cabinets, and throwing building material from second-story windows. The carefree assault on a dated home makes demolition look easy and fun, but there is more skill and expertise involved than you might think.
If you're considering a DIY demo to save money before a renovation, make sure you know what you're getting into, and you are prepared for any problems that may arise.
Safety First: Ensure you have enough safety equipment — steel-toed work boots, safety glasses, hard hats, masks, and work gloves for everyone in your crew. Full coverage, snug-fitting shirts and pants provide protection from splinters, itchy fiberglass, and rusty-nail scratches. Keep a first aid kit handy, and make sure your phone is fully charged in the event of an emergency.
Hidden Hazards: Is there a1 ...
Tuesday, September 7, 2021 / by Matt Davies
If you're brand new to the wonderful world of home loans, you might be a bit overwhelmed by how many different types of financing options are really out there. Both primary loan types (fixed-rate and adjustable-rate) have many variations, so how do you know which one is best for you?
Let’s start with Fixed-Rate Mortages. The most popular loan in today's marketplace is the 30-year fixed. This is a loan paid over the course of 30 years, with a fixed interest rate, meaning you’ll pay the same interest rate in year one as you will in year 30 of your mortgage. Your payment may change due to insurance or taxes, but generally a 30-year loan is seen as a practical option due its stability, simplicity, and month-to-month affordability.
So, what's the attraction of the 15-year-fixed? A 15-year loan will have slightly lower interest rates compared to a similarly priced 30-year loan, but since the term is so much shorter, you’ll pay much less in interest over the life of th1 ...
Tuesday, August 24, 2021 / by Matt Davies
As Ben Franklin once said: “In this world, nothing is certain but death and cleaning your gutters before winter to prevent ice dams”. With that, here are five fall home maintenance activities to start thinking about in the coming weeks.
Check your chimneyMake sure everything is in order before the first fire of the season. “Creosote buildup causes chimney fires,” says Family Handyman. “You should have your chimney professionally inspected or cleaned after every 70 fires. Don’t remember the last time you had it cleaned by a pro? A quick way to tell if your chimney needs cleaning is to run the point of your fireplace poker along the inside of your chimney liner. If you find a 1/8” layer (or more) of buildup, call a chimney sweep.”
Check your roofStorms, wind, and other weather conditions over the past year could have done damage that you’re not aware of. Don’t wait until the first heavy snow to find out you have a leak. If1 ...
Wednesday, August 11, 2021 / by Matt Davies
When decorating your home, saving money is great. Who doesn't love finding a deal on an item and then not-so-subtly bragging about it when guests come over? Bargain-hunting does, however, have its limits, and the impulse to save now might cost you in the long run. Here are a couple places to splurge, and a couple ways to save when decorating your home.
Furniture is a mixed bag. You can get away with an inexpensive coffee table found at a vintage store, and you may be able to score a killer deal on a dining table that looks far more expensive than it is. But when it comes to upholstery, proceed with caution, especially with large pieces. Cheap textiles can pill, rip, wear out easily, and stain permanently. Plus, the material often gets scratchy and uncomfortable.
If you consider the amount of space a sofa occupies, and how often you're using it, it's best not to cut corners. Spring for something with quality construction and materials, and it could last 15 years or more. Th1 ...
Tuesday, July 27, 2021 / by Matt Davies
In today's real estate market, homes stay on the market for about 25 days on average before going under contract. That's better than back in 2010, when homes were averaging 140 days to sell, but it's still not fast, and there's no guarantee that your home will sell in 25 days. Location, season, and many other factors affect how quickly you can sell a home.
If you need to sell your home quickly, those "We Buy Houses for Cash" billboards may have caught your eye. Can you really sell your home as-is in just a few days?
Who are they?
"We buy houses for cash" buyers are not your typical buyer looking for a home to live in or rent out. They are real estate investors looking to make a quick profit.
As such, they are looking to purchase a home for the lowest price possible, fix it up as needed, and sell it on the open market a short time later. These types of investors can make a huge profit on a home in just a few months.
Who do they target?
These cash buyers are looking for motivated o; ...