How To Save Money By Making Home Improvement Investments

 

Home improvement is no longer considered to be only an investment for personal comfort and luxury. Today, there are many ways to put your home on the market that will also include a boost to the curb appeal. Adding new windows, lighting, landscaping, and other home upgrades are the perfect way to make a home more marketable in today’s real estate market. When making investments, it’s always best to get multiple quotes from multiple contractors to ensure that you are getting the best price for the home improvement project. Here are a few of the top home improvement categories that contractors specialize in.

Windows: One of the top home improvement investments involves updating your windows to keep out the sun and keep your home cooler in the summer months. The best way to update your windows is to replace the original ones with new energy-efficient models and give them a professional cleaning before replacing the windows. This will make your home’s appearance more appealing and will also increase its value. If you’re looking for investments into the curb appeal of your home, consider investing in new windows as part of your overall renovations. Another option is to replace the siding on the house. You can also add siding to the front or back of your house if you want to make your investment that much sweeter.

Gutters And Siding: Updating your gutters and siding can dramatically increase the curb appeal of your home. Gutters should be properly maintained to prevent run-off, which will detract from the curb appeal of your home and will lead to more water damage due to standing water. If your gutters and siding are in decent shape, you might consider doing a quick revamp and spending just a few hundred dollars to replace the siding or get them repaired if they have already fallen apart.

Landscaping: Another one of the best home improvements to make that will improve the appearance of your yard and increase its value is landscaping. The landscaping can either be minor updates such as new flowers and plants or it can be major renovations such as installing a huge fenced-in backyard or adding a swimming pool. Regardless of what type of landscaping you decide to do, it’s important that it matches your style and the look you are trying to achieve. If you are trying to sell your house, landscaping is probably one of the most important home improvements to include in the budget.

Garage Door Upgrades: Upgrading your garage door is one of the best home improvement investments that you can make. Most people don’t think of it as an investment because it only really adds value to their home when they need to move out, but it really is an investment nonetheless. The garage door upgrade includes things like new doors that offer better insulation, better locking mechanisms, and security features. Some upgrades even include things like garage door openers that work more quickly so you won’t have to worry about waiting for an open position while you are driving back and forth.

Window Replacement: One of the best home improvement investments you can make is replacing your old windows with new, energy-efficient models. Energy-efficient windows will save you money in the long run on your heating and cooling bills and will help the environment. Your new windows should also look nice. The best home improvement investments are ones that help you create a good first impression, so it is important that you get your windows installed by a professional installation service who understands how window replacement costs vs. value reports and what your options are in terms of getting the job done right the first time. When you combine these three key elements together, you can be sure you are making a smart investment that will be beneficial to you in the future.

The New Rules of Home Improvement and Loan Modification Explained

The new rules for home improvement are going to take their toll on contractors and homeowners across the county. For years, homeowners have been able to get away with charging a higher rate for work that was completed on their home because it wasn’t covered by a builder’s warranty. Now the government has introduced legislation that would make all contracts between a homeowner and a home improvement contractor legally binding.

First off, there will be an annual licensing fee that must be paid by any home improvement contractor that is working in California. This fee is based upon the size of the home improvement project and also the contractor’s area of expertise. There are different rates for the different areas of expertise. The minimum wage for an individual home improvement contractor working in Los Angeles would be around $13 an hour. However, if an individual trades in multiple types of projects then he or she will probably be required to pay a much higher rate.

The second rule that will be affecting most homeowners and contractors is the term of the contract. Contractors are not allowed to extend the term of their work in order to get more money out of the homeowner. There is only one term that can be used for a home emerging to the current terms. Any changes that the contractor makes to the work must be reported at this Poirot and also included in the written contract.

Another interesting rule that will affect contractors and homeowners is the stipulation that requires them to only work on a home that is currently inhabitable. The treatment contract and it is 24 months. After this time period, the contractor will have to renew the contract raccoon for this stipulation is to prevent the home improvement contractor from performing work on a home that is considered unoccupied. Basically, a home improvement contractor could be performing some work on a home that has a mortgage on it and is undergoing foreclosure. This may seem odd but it is completely legal. If the mortgage loan is past due and the homeowner is still living in that home, the mortgage lender has the right to sue for foreclosure. By performing work on a home that is not inhabited, a home improvement contractor could get into serious financial trouble.

The final stipulation to the home improvement contract is a no contact rule. Contractors and home-improvement workers are not allowed to make contact with the current or potential buyers of the home that they are working on. In other words, no answering the phone and no visiting the homes that they are working on. This is to protect both the contractor and the homeowners from any type of injury or personal damage that might occur as a result of an unfortunate accident. By not allowing visitors and contractors to come into contact with the homes they are working on, home improvement projects will be much more successful and less likely to end up in court.

The new rule changes are great news for contractors and homeowners alike. The new regulations require much more than simple disagreements between parties. The new rule requires that any home improvement project that is financed through a mortgage must meet strict guidelines. These guidelines are in place to protect everyone involved.