By Michael Hopkins (Guest Poster)
Buying a Home is a Wonderful experience. It also assures that in time or at the time of purchase, you will be thinking if this room were only larger or a different shape or…. the list goes on. If it is something you are absolutely going to do, then sooner rather than later pays nice dividends as building costs only rise. Now, how about doing all the work yourself to reduce costs? It works out well sometimes… your neighbor did it right?
Most times large DIY projects do not turn out as well as the image in your mind. A general contractor will be your guardian angel organizing projects, keeping subcontractors honest, and running projects in sequence so that all the components fit together. How do you know if you will need a general contractor? This list should help:
A. Is the project going to take longer than a week?
B. Will the project require several different subcontractors to complete?
C. Will the project require permits?
Remodeling your home in many cases not only enhances the aesthetics of your home, it also makes the home more functional to your needs. It’s not always time to move! Energy efficiency is a form of remodeling/restoration. Those curious drafts in your home could be costing you a pretty penny. Solar is also an option these days as surface substrates and the ability to store energy has taken solar from a dream to reality!
When getting to the actual build, being able to communicate your ideas to your contractor and/or designer about colors, textures, flooring, appliances, fixtures, and what your budget is for the remodel/restoration creates a great starting point from where wonderful things will happen. A great build starts with a great plan. No need to worry if you’re not crystal clear about everything, your contractor/designer will have many ideas to bring about a build you’ll be proud of for many years to come!
If we can be of service to you, we would absolutely love the opportunity to earn your business! EDC was conceived with our client’s satisfaction in mind! EDC Construction & Remodeling, Michael Hopkins (210) 810-6798 www.EDCmaestro.com
Monday, April 24, 2017
How Fast Can You Save for a Down Payment? There is a danger here. It can take years to save up for a down payment and during that time prices will likely being up as will the cost of the place you are renting and everything else in modern day life. So, the best plan to counter this and move on (and in to) home ownership is to go with a lesser down payment and take advantage of any special first time buyer programs out there. If you have military entitlement as so many do in our town, that is a tremendous advantage and you can act on it now. It is time to live the American Dream folks - don't let anything get in the way of trying. Read through the posts on this blog - there are compelling reasons to go for it. If you know someone who is not yeat a homeonwer, please share this post and this blog with them. Help out a family member or a friend. For more information have a look at today's article
Saturday, April 22, 2017
Slaying Home Buying Myths... Of course, the best way is a real live conversation with a licensed REALTOR or a licensed MORTGAGE professional. But today's article is a start. Have a look and you may be surprised at the opportunities available on the road to home ownership. If you have not been a home owner and want to be one - the answer is simple - go for it. And, if you do not make it through use the opportunity to find out what you need to do to change that. It is a road to increased wealth and a chance to own the roof over your head. Finally, the numbers in the article are averages... you can get in for less. There are programs out there waiting to be discovered. Is this your time
Thursday, April 20, 2017
Tax Return Depressing? Owning a Home Could Help... There are many reasons to buy a home and while one of them could be for tax purposes, there are lots more that may fit your needs and goals. Some of the possibilities have been reviewed in this blog. The tax benefits are "frosting on the cake" that could be considered an extra incentive and the key to affordability that helps rationalize the decision to purchase. The deductions for interest and property tax can mean huge savings on your tax bill that provides more money to make mortgage payments, money to save for the future or even some special purpose goals of your own. I was in my very early 20's when I bought the first home. It was nothing fancy - actually, my father was not happy with me at all. But 13 years later I sold it for more than twice what I paid for it (with some upgrades of course). The bottom line is you need to live somewhere - why not live in your own home and shelter yourself from some of the tax you would otherwise pay. It works - it really works! Read more in today's article - it is a "savings plan" seriously worth your time
Wednesday, April 19, 2017
Measuring Your Ability to Achieve the American Dream. One could say that people everywhere around the world would like to own their own home but nowhere is that dream more prevalent than here in the USA. Americans are freedom lovers and that includes all the benefits and freedoms of owning our own homes! The folks that crunch the numbers took a look at the ability to achieve homeownership that one can expect on a state by state basis. I am happy to say, Texas is better than average - actually ranking pretty high up in the scores. If you are thinking of a move and looking at possible destinations, Texas would be a wise choice. We have many folks relocating to Texas and for good reason. Why don't you all come on out and have a look. Until then, check out today's article for even more information
Tuesday, April 18, 2017
US Housing Market Continues the Move into ‘Buy Territory’! Yes, the move is BUY vs RENT - in most cases, buying is cheaper! That may sound strange, but the folks who watch those numbers are reporting in. That does not hold true in some major metro areas - however, OWNING makes sense. Even if renting would be a little cheaper, the bottom line is get into owning and all the benefits that come from owning. Then you will not have to worry about rent again. You will have a payment each month, pretty much fixed except for tax and insurance and at the end of your mortgage - the home is yours and no more payments. Think about that - 30 years from now - no mortgage and no rent to pay! Does that not have an appeal? It is the road to improved wealth and something to look forward to. For more on the housing market have a look at today's article
Monday, April 17, 2017
Thinking of Selling? Now Is the Time to Act! We have heard for moths that the home inventory is too low for the market - and it is. Listing your home now gives you the seller advantage of being in a smaller pool. As more home owners decide to sell and list their home, the size of the pool grows and buyers have more to choose from. If you are contemplating a move - for whatever the reason - then this is a great tie to get started. for a little more on the subject, have a look at today's article
Saturday, April 15, 2017
Friday, April 14, 2017
Is Your First Home Within Your Grasp? You have heard the phrase "you won't know if you don't try" - well, for sure that applies. Down-payments are not as high as you might think. Credit scores needed may be lower than you think. AND - guess what - they change. So, what you may be thinking they are may not be what they really are. WOW - was that a mouthful. Bottom line - you want to OWN? If the answer is yes - why not give it a try. The first thing to do is get approved for a mortgage. If the first attempt is unsuccessful - try at least two more times with different companies. And, if all 3 fail, use the opportunity to find out just what you need to do to make it happen in six months, a year - or even two years. Just don't give up. Getting that first house will change your life - forever! You can check on stats in today's article