Category Archives: Home improvement

Mortgage Options for Everyone

Whether you’re buying your first home, upgrading homes or looking to refinance, you need to know what mortgage options are out there. Here are some basic facts on mortgages.

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Home Mortgage

The most basic option is a standard home mortgage. These come in a variety of terms, from 10-years to 30-years. Also, there are different products available for those who are first time buyers. Often buyers in this category can get into a home with very little being required for a down payment.  Your credit score will be the biggest driver in determining the loan APR you receive. Talk to a Top Mortgage Lender like Sun West Mortgage to find out what products are available to you.

Refinance

There are many reasons people refinance. Sometimes homeowners want to reduce the interest paid over time. By refinancing from a 30-year to a 15-year mortgage, you can save hundreds of thousands of dollars. The drawback to this option is that your monthly payments will increase. Another reason is to reduce your monthly payments. If you’re five years into a 30-year mortgage and have a financial crisis, by refinancing back to 30 years, you can take advantage of some of the equity you’ve built up. Also, you can refinance to take advantage of lower interest rates.

Know what your finance options are when it comes to your mortgage. Use this information to make good choices in the products you choose.

Four Helpful Tips for a Low-Stress Move

When you think about it, the entire process of relocating can cause a lot of anxiety. From transferring utilities to packing cherished family keepsakes, the whole ordeal is not something you want to experience on a regular basis. Moving is probably listed right below going to the dentist on your list of fun things to do. In order to keep your sanity, here are four ways to make the event less stressful.

Eliminate the Clutter

One of the biggest mistakes people make is not throwing out unwanted or unused belongings before a move. Hauling along unnecessary items only makes moving a bigger chore. If you’re reluctant to trash some stuff, try selling it in order to have a little extra cash for other moving expenses. The more material possessions you have, the harder it will be to organize them in your new residence.

Organize and Label Moving Boxes

Unless you’re a superhero, it is nearly impossible to unpack everything in a day or two. That’s why packing similar items together and knowing what’s in each box is crucial. Wondering where your toothbrush and pajamas are while you’re aimlessly putting away Christmas decorations at midnight is no picnic.

Survey Different Moving Service Providers

Most homeowners seek the help of a moving service, especially for transporting heavy furniture and other large items. Getting price quotes and reviewing the company’s track record ahead of time is essential for a safe, successful move. If you’re searching for reputable movers in Pinellas County FL, Small Moves Inc. is one company to consider.

Set Up Utility Services Beforehand

While you’ll be spending a good deal of time unpacking, you don’t want the inconvenience of going several days without cable, electricity or Internet service. If possible, schedule all of your new utility services to begin before the move-in date. This will keep everyone in the family happy and make the hassle of moving more bearable.

Although most people aren’t fond of moving, it doesn’t have to be the worst experience of your life. Planning ahead and organizing is the key to success. After all the work is done, relaxing in your new home makes it all worthwhile.

Spend Money Right During a Home Renovation

Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Image courtesy of Stuart Miles at FreeDigitalPhotos.net

When you talk to most homeowners and mention the words home renovation, you’ll find that many cringe. That’s because of the cost most people associate with doing anything in their home.

While home repairs and renovations can be expensive, there are some things you can do to make the process a bit more cost-effective. You might not love every second of the renovation process, but if you’re smart about how you do it, you can end up with a better home minus the depleted savings.

Set Your Budget

Working with a budget is like working without any parameters at all. Unless you have all the money in the world, doing this just doesn’t make any financial sense. Going without a written budget can also turn seemingly simple projects into endless ones.

To figure out your budget, you need to determine what you can spend among all of your payment options. That means credit, cash and any other options available to you. You’ll also need to calculate how much interest you’ll tally if you do use credit cards.

When you figure your budget, set aside about 5% to handle any mistakes or unexpected occurrences. You don’t want to max out your budget only to find you really need additional work at the end of your home renovation project.

Know Your Needs

Before a successful home renovation project, every homeowner needs to sit down and figure out what they want. They also need to figure out what they really need to do to improve their home.

If you need a new bedroom, it may not be as fun as that home theater, but it makes a lot more sense. Consider the value of your home when you’re doing any renovation job. If you’re lucky, you’ll get what you spent back if and when you decide to sell.

Consider Your Home

Your home should be a deciding factor in how you choose to renovate. To figure out what your home needs, looking at others on the market in your area is often a wise choice. This is important even if you don’t plan to sell anytime soon.

Doing this will help you figure out what your home is lacking and how you can improve it. It might sound like a bit of keeping up with the Jones’, but that’s not the case when you’re trying to keep your home’s value relevant.

Interview Multiple Contractors

You can find contractors now on the internet, from personal recommendations and even from the phone book. Before you hire anybody though, you need to interview multiple candidates to see who is right for you.

Don’t settle for the first contractor who can do the job.