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Archives for January 2014

Where Can I Find Foreclosure Properties?

Real Estate Agents are the best source for information about foreclosures before they begin. Often a property will be listed and the agent will know if it is approaching foreclosure. Perhaps the best way to get the information is to have your agent put the word out that you are looking for properties with pending foreclosures.

You can also look in the legal notices section of your local newspaper. A notice is also usually posted on the property itself and somewhere in the city where the sale will take place.

Another source can be the bank or financial institution that holds the mortgage. Of course, they generally will not give you the names of those who are facing foreclosure, but they may give the property owner your card or phone number.

Buying foreclosures is not easy. Savvy investors are highly skilled at nabbing these properties. Inexperienced buyers may find themselves surrounded by pretty stiff competition. They will need to get as much information as possible, including a “foreclosure inspection report” and an appraisal from the lender.

Remodeling Done Right!

Whether you need more space to accommodate a growing family or are wanting to update a desperately dated kitchen or bathroom, there’s no better way to improve the livability and value of your home than with a major remodel. But as you probably figured out, pulling off a major remodel involves more than a few major decisions. And while we can’t help you make them, we’ve got the cost and project info that will help you make the right decisions for your project, whether you’re remodeling your bathroom or kitchen, or building an addition.

Bathroom Fixtures

Whether it’s new sinks, faucets, toilets or a jetted tub, changing out fixtures is one way to quickly and easily update the look of the bathroom. Prices vary widely depending on brand, size and style. And while it’s tempting to buy the fixtures yourself, buying them through your contractor is often the way to go, as they typically are able to get below-retail discounts.

Bathroom Remodel

Bathroom Flooring

When it comes to flooring, it’s easy to get overwhelmed by all of your options. However, one thing is true about all of them: as your square footage rises, so too will the cost of the materials and installation costs.

Kitchen Remodel

National Average Kitchen Remodeling Costs

Cost of Remodeling a KitchenFind Top Rated Pros

Few projects come close to matching the impact of a kitchen remodel. From improving the livability and value of your home, to dramatically altering its look, it’s no wonder that a kitchen remodel is the one project almost every homeowner dreams of. And while the right remodel will boost the value of your home, it’s one of the most complicated and expensive projects a homeowner can tackle. The cost will vary depending on the size of your kitchen, the quality of materials, the quality of the appliances and whether you’re changing the layout of the room.

Kitchen Countertops

Countertop options can make your head spin: stone, tile, concrete, marble, butcher block, stainless steel, recycled glass, formica… the list goes on and on. Within each category of material, you’ll find huge price swings, depending on quality. The key is to choose a material that fits in with your lifestyle and your style preferences.

Kitchen Remodel

Kitchen Cabinets

As the saying goes, first impressions are everything. If your kitchen has dated cabinets, your room might not be making the impression you want it to. The cost of new cabinets will vary depending on whether you go for standard sizes or custom, as well as the quality of the materials. Want to give your old cabinets a new look for less? Refinishing or refacing them allows you to change the color, look and feel without blowing through your savings.

Kitchen Appliances

Choosing the right appliances is always one of the toughest decisions during a kitchen remodel. What you choose depends on your budget, kitchen layout, and lifestyle. If your goal is to build the perfect cook’s kitchen, you’re going to want appliances that are durable, easy to use, and easy to clean. If you have a smaller kitchen, you might want to think about installing built-in appliances that give you the flexibility to put your appliances where you want them. Working with a limited budget? Freestanding appliances are typically less expensive and easier to install.

Additions

National Average Addition Building Costs

Costs of AdditionsCosts of Building an Addition

Many homeowners eventually come to that daunting dilemma: whether to buy their dream house or transform their current home into their dream home. If you’ve decided to go with the addition, it’s likely a decision you’ve been thinking about for quite some time. And while you recognize that this will be a profound investment in time and money, you also know that, if done properly, it will enhance the value and, more importantly, the livability of your home.

Architects

Depending on the complexity of the addition, you might need to hire an architect, especially if the project involves dramatically altering the flow and functionality of the space. An architect will certainly add to the upfront costs, but it’ll be worth it since they’ll be able to ensure that your addition meets your functional and lifestyle requirements.

Additions

Will the Addition Add Value to Your Home?

Even if you have no plans to sell anytime soon, consider the resale value of your project. You might not always turn a profit on your home-expansion investment, but you should go into the job with realistic expectations about at least some kind of payback. Because they’re among the most expensive home projects, additions sometimes return less on your investment than remodels. But if you’re significantly adding to the square footage of your home or adding important types of rooms, such as bedrooms and bathrooms, your investment may pay off considerably.