For a lot of homeowners, home improvements only make sense if they can help to maintain or increase the home's value. While the boost energy-efficient upgrades could have for a home's resale value can be difficult to measure, one thing is clear: Top-of-the-line renovations, including converting to geothermal energy, often attract buyers who are willing to pay more for the ease and savings.
As home buyers become more savvy about what they can expect from homes they buy, they are starting to demand that their homes do more for them. No one wants to pay a ton for utilities because the home is full of old, outdated equipment. In fact, energy efficient appliances and systems rank high on buyers' desires for homes they want to
The outdoor area of a home is just as important as the indoors of a home, no matter what season it is. And yet, it's often pushed to the side for new curtains, sheets, or indoor lighting. But a true living space can open up doors for homeowners that they never even dreamed of. It's the difference between sitting inside with the air conditioning blasting all day and enjoying the fresh air, or another frozen dinner instead of a burger straight from the grill. For the best possible connection to the property, homeowners can follow these tips to create an outdoor space they can really live in.
Add More Color
Arguably the fastest and easiest way to bring more life to any outdoor space, homeowners can add potted plants and flowers to make a living
To get the best price in a buyer's market, sellers have to focus on the many factors that are within their control. They may not be able to influence market fluctuations or force buyers into a bidding war, but they can shift the paradigm in their favor if they know the right strategies. For those who may be up against a tight market, it's time to learn more about what can be done.
Mental preparation when selling is important no matter what, but it can be especially necessary in a buyer's market. Sellers may have to wait longer than they thought, or they may be asked to make repairs they had never budgeted for. It's the sellers who can work with the situation rather than against it who will come out on top.
Buying a home in a seller's market can be challenging. Houses often sell too quickly for buyers to , and prices rise even faster. These tips help buyers know how best to appeal to sellers.
Few buyers get everything they could ask for and more in a single property. During a seller's market, buyers may have to compromise a little more on what they want, in order to get what they really need. Buyers should research in advance which aspects of a home they need or want most, such as:
proximity to services
If they establish how willing they are to forego certain things in favor of others, they can make it easier for an agent to show them properties that are
Permits are required for a variety of home construction projects. Many communities require permits for room additions, major plumbing installations, major electrical installations and new roof work.
Unpermitted work can be a source of frustration for homeowners. If you discover unpermitted work, it's important to know how it affects your home's value and what you can do to fix the problem.
Why Are Permits Necessary?
Permits alert your local building officials that work is being done on your home. Permits enable those officials to to oversee construction and ensure that the work is done to code. In this way, permits ensure that home construction is done safely and correctly. Without a permit, there is no way to know that work done on a home
A home is usually a homeowner's largest and most valuable asset. With home insurance, the property, structure, and the contents of the home have at least some degree of protection. These tips help homeowners understand what home insurance does and does not cover.
What Is Home Insurance?
The premise behind homeowners insurance is that people may be financially compromised by the loss of their homes due to certain circumstances. A devastating house fire could result in tens or hundreds of thousands of dollars in damage, a sum that not many people have readily available to pay. People purchase home insurance policies to provide them with a higher degree of protection than they can guarantee on their own. Homeowners pay regular premiums to an
The true value of solar panels is really tied up in protecting the planet for future generations. Reducing a home's carbon footprint may not save the world, but it's certainly a start. And yet, many homeowners still haven't adopted energy-efficient technology for a variety of reasons. They may not realize that their options have changed, or understand the cost-saving potential of solar power. See how solar technology has changed, and whether or not an investment would be worth it for you.
This is the probably the key factor on everyone's mind. It can be expensive to install solar panels, especially if homeowners aren't certain how long they're going to live in a home. Many companies give homeowners the option to rent solar
Roofing systems are designed to last for years with the most common options such as asphalt, composite, clay and wood shingles lasting 35-30 years and metal roofs with lifespans of up to 50 years. However, the age of a roof isn't necessarily the biggest indicator that it needs repairs or replacing, as there are a few signs of roofing damage likely to make themselves known before a complete replacement is necessary.
1. Signs of Asphalt Shingle Roof Damage
Asphalt shingles are the most popular residential roofing choice, and they can exhibit several obvious signs of breakdown. These indicators include:
First-time home buyers (or buyers who haven't been in the market for quite some time) may be shocked to learn just how much it costs to buy a home. For a conventional loan, the magic down payment is 20 percent of the total purchase price. In an economy with ever-dwindling savings accounts, many people can't come up with this type of cash for the home of their dreams. It's why Private Mortgage Insurance (PMI) is available to buyers who don't want to delay their homeownership dreams.
Who It Protects
Even though a homeowner is paying for PMI, it's technically the lender's insurance policy and not the buyers. A lender wants to see as much equity in a home as possible. In the case of a 20 percent down payment, the buyer has already secured a fifth
When purchasing a new home, the agents may negotiate special conditions that must be met into the contract. These are called contingencies, and their purpose is to protect both buyers and sellers. Here is what buyers and sellers need to know about contingencies before agreeing to a contract.
Contingencies are Not Bad
Decades ago, contingencies used to have a stigma because they can lead to contracts being cancelled under certain circumstances. However, contingencies exist to protect both buyers and sellers. They can help prevent purchasing a home that isn’t safe or protect a seller from selling to a buyer who can’t find some a loan. Contingencies are just another checkbox that needs to be ticked before the sale of the home becomes official.
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