A Personal finance blog to get rich
There’s no doubt that buying a new home can be stressful. With so many variables to consider, it can leave you feeling overwhelmed. When it comes to the big move, many first-time buyers make all sorts of mistakes.
It’s a complicated process that should be handled with care. After all, you are making a huge investment that could impact your future.
Previously we posted ways to get a new roof on a budget. Now let’s talk about redesigning or remodeling your home on a budget. How can you finance your home redesign on a budget?
We have been homeowners for the last 6 years. We are right now replacing our roof and in another couple of years, we will remodel our home. Remodeling not only makes the home better, but it can also increase the home value.
It;’s summer and here in south Florida, the constant barrage of rains started pouring in almost every day. And to our dreaded expectation, our roof started leaking again! We had leaks in 2016 and 2018. They charge $1,000 per the leak, to repair – on average. Fortunately this time the leak is over the back patio. We have some time to think about a new roof (our roof is 1992 built). We are thinking about different ways to finance our new roof.
We may be stating the obvious, but replacing your roof is an expensive endeavor. It can cost $15,000 or more, so paying for it out-of-pocket would simply not be an option for many homeowners. We live in a large single stories house, the roof replacement cost should run to more than $25,000.
Homeownership is one of life’s great milestones, and if you own your own home you have probably spent a long time thinking about the improvements you can make to your space.
One of the biggest hurdles to home improvement is cost, as some remodeling and redecorating work can cost thousands, putting home improvements out of reach for many families.
One of my friends was looking for a home.
His dream homes were going off the market as soon as they were coming in!
He started taking time off from regular work hours to visit houses for sale.
I never could have imagined, when I put my 5% down on my loan for my first real estate deal (my first home), that it would change the course of my life in so many prosperous ways.
Hi, I’m Joe DiSanto. I spent my career in Los Angeles, starting and owning entertainment businesses. I’ve also invested millions in real estate, transacting on 16 properties over the last 16 years. This is the story of my first investment.
Acquiring your first house is a big step to take. It’s not as simple as buying something from the shopping mall, which you can return if there’s something wrong with the item. A house is a long-term commitment, which is why you need to be extremely careful in picking out your first one.
In 2018, the estimated number of households in the USA reached 127.5 million. The rise in number is partly due to an increase in population, but also somewhat because housing prices were going up in the last few years since the great recession. Are you planning to buy your first home?
In an age of Youtube tutorials and cheap tools, no home improvement project is out of grasp for someone with a little time and patience. The first time isn’t always the cleanest or the quickest, but once you’ve finished a project, it gets easier and quicker every time. When we bought our home, I had to take help of one of my friends to learn the tricks of painting the walls. Now I am a master of the job and help out others.
Practicing by repairing the small issues around your home is a great way to prime yourself for bigger and more ambitious projects. If you’re just interested in adding value to your home, these small repairs will instantly provide perceived value for next to no investment.
If you are looking to buy a house of your own, then you will need to save up the money for a mortgage down payment. This is the cash that you bring to the closing table when purchasing a home. Although you may borrow money from the bank in the form of a mortgage or home loan, in most cases a portion of the money will need to come from you.
The higher your down payment, the less you will need to borrow to purchase your home and you will have smaller monthly repayments to make.
When most people think of home improvements, all they can focus on is the money that it will take to make the necessary upgrades. Well, what if you were spending money now to save more in the future? Believe it or not, there are a number of home renovation projects that can actually help you to save quite a bit of money. If you are curious to learn about what these are, here are your top options
If you’re planning to sell your house, either now or in the future, it’s a good idea to invest in things that can increase the value of your home. These investments don’t need to be major because small investments done tastefully and thoughtfully can raise your home value.
