by maria | Sep 12, 2016 | Exclusive QA |
Start by finding out its worth. Contact an agent for a comparative market analysis, an informal estimate of value based on the recent selling price of similar neighborhood properties, or get a certified appraiser to provide an appraisal. Next, get busy working on the...
by maria | Sep 12, 2016 | Exclusive QA |
The best time to sell is when you are ready, or when you must. That is, when you have outgrown the space in your current home, or you prefer to trade down to something smaller. Perhaps your marital status has changed, which necessitates a move, or you need to relocate...
by maria | Sep 9, 2016 | Exclusive QA |
Yes, but only after you have sold your home. According to the IRS, home improvements add to the basis, or value, of your home. A tax-acceptable improvement is defined as one that adds value to your home, “considerably” prolongs your home’s useful life, or adapts your...
by maria | Sep 9, 2016 | Exclusive QA |
One percent of the purchase price of your home every year to cover everything from painting to repairing gutters to caulking windows and maintaining routine system repairs and maintenance. An older home may require more maintenance, although much will depend on how...
by maria | Sep 9, 2016 | Exclusive QA |
Yes. Two very popular programs offered by the Department of Housing and Urban Development (HUD) include the Title 1 Home Improvement Loan and the Section 203(k) Program. In the first program, HUD insures the loan up to $25,000 for a single-family house to cover...
by maria | Sep 9, 2016 | Exclusive QA |
There are many ways to finance a remodeling project. If you have equity in your home, a good credit rating and steady income, you can refinance your mortgage and borrow a percentage of the equity to cover remodeling costs. Refinancing is a good option if you can get a...