It’s Tuesday News Day and today I’m talking about refinancing, the process of refinancing, and whether it’s a good idea or not. First things first, what is refinancing? Refinancing refers to the replacement of an existing debt obligation with a debt obligation under different terms. When most people think of refinancing they think about changing [...]
So what, exactly, are buyers looking for this spring? In short, they’re looking for homes that are going to save them money. And when you think about it, it just makes sense. Mortgage loans are harder to come by, and thanks to an uncertain economy, people are less likely to splurge on a McMansion they’re [...]
Why is it that most sellers spend so much money on the kitchen when remodeling the home? Well there really are too many reasons to list, for example: it’s one of the few rooms that you can actually really remodel (how do you remodel a bedroom??), everyone spends time in the kitchen, its part of [...]
When remodeling and redecorating their homes, many sellers don’t give a second thought to the entire theme and flow that they are trying to create in their house. Having a scheme helps pull the whole home together as a cohesive unit and allows you to sell it at higher price to buyers because everything is [...]
The last of the smarter remodels on our list this year is the deck addition! A new wood deck can look stunning, but if not done correctly it could turn into a drawback to buyers. The deck addition is now almost considered essential in many markets, especially in neighborhoods where every home has an outdoor [...]
Finally, we’re on the remodel that most sellers love to overspend on, the Kitchen… Too often, home owners over-improve their kitchen. This is NOT cost effective unless they plan to stay in the house for a long time to enjoy these improvements. Kitchen Remodel (minor) Cost: $21,695 Resale Value: $15,790 Cost Recouped: 72.8% What this [...]
Siding replacement?? What in the world is that? Siding is a construction element applied to the outermost surface of an exterior wall. Siding materials can vary widely so home owners should be sure they’re getting actual cement siding, rather than pressboard or other composite materials. Did you know that fiber-cement siding replacement has ranked first [...]
The next remodel we have in our Top 5 Smarter Remodels list is a garage door replacement. When done correctly you can get great value out of installing a new garage door. Many sellers are noticing that increasing the curb appeal of their home continues to play a strong role in a home’s resale value. [...]
