Browsing Category: "Home Improvement"

5 Ways To Afford Home Improvements That Aren’t An FHA Loan

Home improvements are great to add value to your property, but they can be a pain to finance. In fact, most homeowners tend to focus on personal loans or an FHA 203k loan – they can be used for refinancing and repairs instead of buying a new home – when they look for financing options. But, believe it or not, there is more than one way to finance your home improvement project without taking a personal loan. Below, you’ll find 5 ways that should do the trick for you.

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Build an eco house

#1. Let the home raise money for the improvement

If you already have a first mortgage on your home, homeequitylineof.credit can be a valuable option for you. You can draw out money as it fits and choose to pay it back when you can, as long as you keep the minimum monthly payment. You don’t even have to pay interest either until you use the money. But beware, though: If you can’t make the payment, you could end up homeless.

#2. Go green and get funded

If you decide to go green and add eco-friendly transformations to your home, you might not even have to pay for it by yourself. According to archive.epa.gov you can find funding opportunities for green buildings, including grants and tax-credits. There is a variety of national and local programs available. For an updated list, you may want to get in touch with your local authorities.

#3. Find a construction loan

Construction loans are rare and they are difficult to obtain. But this short-term loan option allows you to pay for the construction or extension work. You will need to need to make major renovations to be eligible for this kind of loan. At the end of the construction process, you will need to get the end loan, which is a loan to pay off the first loan. However, construction loans are very cumbersome in terms of application and funding, as the money is only released at specific stages of the project. Finally, if the work can’t be completed within the agreed scheduled, you might have to pay additional costs until you can move in.

#4. Borrow your 401(k)

It’s common for 401(k) programs to let you borrow from your account and pay back the loan over a number of years – generally five – via payroll deduction. However, you can only borrow up to 50% of your account balance, which limits the amount you can get. Additionally, if you leave your job or change company, you will need to repay the loan earlier. In that case, the loan becomes a withdrawal on which you owe taxes and penalties.

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#5 Reverse mortgage for 62+

If you are 62 or older, you can get a reverse mortgage on the percentage of equity that you own in your property. While a reverse mortgage is expensive, you don’t have to repay it until the home is sold or you’ve changed address.

Each way of funding your home improvements presents specific advantages and disadvantages. Unfortunately, unless you inherit a bunch load of money from a rich aunt, you will need to pick the most suitable borrowing option for your situation.

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How to Shop the Right Rod Pocket Curtains

The rod pocket curtain is a variation of tailored curtain giving each window the best covering treatment to protect the entire home from the prying eyes of Peeping Toms. It is designed to enhance the appearance of your home no matter how large or small your windows are. Rod pocket curtains are manufactured with different sizes of pockets enough to insert the rod for easy installation. You can have a header to turn your window look elegant and fabulous.

These curtains are available in floral, geometric figures, plaids, checks, or stripes. You can pick a width of 68 inches to as much as 84 inches depending on the size of your window frame. Bold colors are perfect for the living room where most family members gather for their bonding moments. The polyester rod pocket curtain is the best option for your home office so that the light cannot distract your working mood. Striking colors in nylon or taffeta could add more inspiration to your kid’s study room.

White Bed Pillow on White Bed Comforter in Brown Room

[Photo courtesy of Markus Spiske /pexels.com]

Before you purchase the curtains, decide which size is suitable to your window length and size. Most notable lengths for curtains range from 84”, 96’’ and 108.” If you want elegant looking windows, the 108 inches is suitable for your home. A large window and sliding door need 120 inches length rod pocket curtain. If your house has Mediterranean or European features, try to have faux silk or silk curtains. They give your window the best treatment.

Stripes are a big no if your window is too tall while checkered is discouraged for short windows because it makes the window look stouter. Rod pocket curtains are effective in giving an illusion of width so be careful when you hang them on the window. If your window is short, you need to hang the curtain rod very close to the ceiling while the hemline should be floor length. Wide windows need curtains rods to be extended in few inches from the window frame while the entire curtain could cover them.

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Spent A Little On Your Home, You’ll Earn A Lot

Have you ever thought about completing some renovation work on your home? This is a possibility worth considering for one key reason. It will allow you to add a lot of value to your property. So, eventually, when you decide to sell, you’re going to be able to put it on the market for a lot more than it was originally worth. The best part is that the changes we are talking about here don’t have to be dramatically expensive. In fact, they can be fairly cheap and completely affordable even if you are working on a budget. Let’s look at some of the possibilities, and along the way, we’ll think about the type of value you could add to your home by making these changes.

New Flooring

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[Photo courtesy of Pixabay/pexels.com]

One of the most important points to remember when you are changing your home is that it’s not about how expensive it is or how much it’s worth. It’s about how much it appears to be worth. If your home looks like it’s worth half a million, that’s exactly how much buyers are going to be willing to pay. A lot of people make the mistake of thinking that when you sell the home, the price is determined by the building and the land rather than the interior. This isn’t true, and buyers can be influenced by a modern home design.

That’s why you should consider replacing carpeted floors with laminate flooring. This looks stylish and contemporary, but it is surprisingly cheap. You can get laminate flooring for your entire home for just a few thousand. If you don’t have that type of money home loans from GoBear and similar companies could provide the solution. They can lend you the money you need to pay for the change, and you can pay them back in the period of a year.

Light Fixtures

abstract, balls, bubbles

[Photo courtesy of SplitShire/pexels.com]

Lighting is a brilliant way to make a property look different without actually changing all that much about it. If you want a key area of your home to focus on, you should look at the kitchen. By changing the kitchen, you can add as much as ten thousand on to the asking value of the property. However, that doesn’t mean that you have to spend ten thousand renovating this room. Instead, you can spend a couple of hundred replacing the light fixtures and adding spotlights that look stylish. The other benefit of spotlights is that they draw attention to key features in a room that you want buyers to focus on.

Aesthetic Materials

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[Photo courtesy of Pineapple Supply Co./pexels.com]

It would be wonderful if you could add marble or granite fixtures to your home. However, most people don’t have this type of money in their budget and are reluctant to borrow large amounts of cash. That’s understandable, so instead use aesthetically similar materials. You can buy materials that look like marble for a fraction of the price, and unless they ask directly, you don’t have to divulge that it’s not the real deal.

Good luck with your own home renovation. We’re sure you’ll be thrilled with the level of value it adds to your property.

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Discount Curtains for Budget-Conscious Homemakers

Finding discount for household essentials is the foremost reason why homemakers spend longer hours when shopping at the malls. If you happen to be the husband of a woman who loves a bargain, chances are, get irritated every time you go shopping with her. It is an instinct for housewives to control their spending, so their families can survive until the next payday.

The curtains are one of the things that homemakers would like to buy at discounted prices. They have the patience to wait for the best, whether it is a holiday, Thanksgiving or a closing out sale. Discount curtains are no longer a rare opportunity for shoppers since they are made available at online shops as the competition is becoming stiff.

White Bed Pillow on White Bed Comforter in Brown Room

[Photo courtesy of Markus Spiske/pexels.com]

Curtain products are advertised online; hence, the online stores are offering them at a lower price so they can dispose of them and allow the new product line to replace the old stocks. This is the time that homemakers and shopaholics are waiting so they can buy many curtains for their homes.

Some online shopping portal offer discounts for various curtain types from 50% up to 77% discounts. The best example for this is the five-piece set of Zebra-five piece set curtain which includes a topper, two tiebacks and two panels. Its retail price was $29.99 and now it is sold at $14.99 which entitles you to a saving of $15. A purple voile sheer curtain with floor length of 84 inches including two panels was originally priced at $34.99 and now it is available at $14.99 which entitles you to a saving of $20 or 57% discount.

These examples clearly show that discounts for curtains can help low income families buy affordable curtains that are made of various designs and patterns. It only needs patience and extra time to enable you to discover the online store that sells cheap but high quality window coverings.

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