Renovating your home can be messy, untimely and at times disturbing if you don’t lay a proper construction plan. Seeking the services of a professional remodeling contractor to estimate the cost of the project can be of great help in making every dollar count. If you decide to rehab your home, what you plan is what you always want and wish to pay. The last thing homeowners want is to pay a higher house rehabbing price tag than what the contractor had estimated. Unfortunately, things don’t always go as scheduled. Numerous activities may arise in the course of the project process that escalates the final cost of the home rehabbing venture. This has become a common problem with majority home renovation projects with the homeowner ends up paying more than…

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Recent studies suggest that buying your own home is still cheaper than renting one. Purchasing a home especially your first home can be an exciting experience accompanied by a touch of uncertainty and confusion. Buying your first home will make you enthusiastic about the feeling that you are close enough to officially owning a home. This entire process is unfamiliar, intimidating and time-consuming. Almost all first time home buyers are naive and inexperienced in this real estate market. As a first time home buyer, finding the right information to help and guide you through the all process is crucial. In this era of advanced technology, you can find so much information online. This article talks about the ten terms first-time home buyers should know…

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You may have heard the terms buyer’s market and seller’s market, but you may not be certain how these terms relate to you and your real estate goals. These two terms describe the relationship between supply and demand in the real estate industry. When you learn more about them, you may be able to better time your buying and selling activities so that you act in a more strategic time. Remember that markets can change between a buyer’s and seller’s market slowly or rather quickly, depending on the economic circumstances. In some cases, there may even be a relative equilibrium between supply and demand. Analyzing these conditions before you decide to buy or sell is a smart idea.

 

A Buyer’s Market

When you hear that your local real estate market is…

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Kitchens are the most valued room in the house. It's where everyone likes to gather and it's a huge selling point when your home is on the market. Your kitchen is going to be noticed. It pays to invest in it.

But full scale remodels can be expensive. And time-consuming. The average kitchen renovation costs $22,000 and takes anywhere from two to six months to complete. Before you get too discouraged, understand that you can install some kitchen upgrades at a fraction of the cost. Even the most inexperienced DIY-er has a few projects they can handle.

When you want to upgrade your kitchen on a budget, think of things like:

Cabinet Refacing

There are a few ways you can go here. Traditional cabinet refacing uses the existing cabinetry and is…

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Check the Location

It just makes good sense that before you hand over a down payment on a property that is going to increase your debt, you want to make sure that property is in a good location. You can use what is often referred to as "fixing and flipping". The investor can build equity by buying what would be considered the most run-down house on a street. By investing the money to put that house in good shape, you make it attractive to a buyer who wants a house in a nice area.

 

Don’t Buy the First Thing You See- Look Around

The initial appearance of a property may appeal to an investor, but don't give in to the urge to buy quickly. Your personal preferences should not come in to play here. If investing in rental property you may think that…

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Photo mistakes that will kill your real estate listing

First impressions are everything and if you are selling your home, often the buyer’s first impression is the photos that they see in an online real estate listing. The goal of photos is to entice the buyer to want to see more and schedule a viewing. A poor-quality photo can be a deal killer within only a few seconds. The following are mistakes are ones that you should avoid to put your best foot forward and present your property in a way that will entice buyers.

 

#1 Too Dark

The number one rule of real estate photography it is that it is all about lighting. If the room is naturally too dark, or if it is dark due to an error using the camera, it makes your home look gloomy and…

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How To Get More When Selling Your Home

If you are trying to sell your home, then you will want to maximize your profits. While you may need to spend some money to make your property more appealing to buyers, some of the home improvement projects only require hard work. Here are some tips for making the most money on your home.

 

Tip 1: Get Rid of a Home’s Clutter

Potential buyers want to see all of the areas of a home, but when the cupboards and closets are full of junk, they can’t see the spaces. If you are moving, then you don’t want to pack a lot of the things that you have currently, so you can make your life easier by getting rid of clutter far in advance.

 

Tip 2: Clean Your Home

When a home is dirty, any potential buyers will…

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Top mistakes to avoid when making an offer

You have finally found a house that you can call home and cannot wait to buy it and move in. You can already see your new life in the new yard. However, there might be a hurdle on your way to owning the house – the offer. Many people blow their chances of owning their dream home by making mistakes in their offer. In the competitive housing arena, you do not want to make these mistakes listed below.

 

Maxing out on the pre-approved amount

Given the number of people that may be interested property, you may end up in a bidding war. The best way to win the war is to have a strong financial backing. This starts with getting a pre-approval to show that you are prepared to take the home.

However, when…

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Why Investing in Rental Properties is Better Than a 401(k)

It's well known that putting money back for retirement is an essential part of achieving long-term financial success. To most people, this means contributing to a 401(k). Though a 401(k) can be a good way to save money, it is far from the best way to ensure financial security in retirement, since it will not continue to produce more income once it has been drawn out. For those who want to see a steady, reliable income in their retirement years, one of the best options is investing in rental real estate.

 

What Are the Advantages of Real Estate?

The greatest advantage of investing in real estate is that it can produce a largely passive income in the form of rental payments. According to…

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Tiny Homes - Are They For You?

In 1973, the average size of a home was just over 1,500 square feet. However, more than forty years later that size has grown to almost 2,600 square feet. While people may have much more space for themselves and their stuff, they also have much higher mortgage payments and property taxes to deal with each year. Because of this, there has been a recent trend to substantially downsize into what are known as "tiny homes." These homes, which are defined as those averaging between 100-400 square feet, are currently the hottest trend in today's housing market. However, as with anything that is relatively new, there are various pros and cons associated with these homes. If you're thinking of taking the plunge and going tiny,…

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