RealEstateLatino.com
Google Web
home | spanish | foro casa | REL Blog
contact us @ (855) 777-RELN (7356)
MOST READED ARTICLES
::
Dog Owner Liability ... [ read more ]
::
Buying and Financing a Ho... [ read more ]
::
NFCC Consumer Tips For Pr... [ read more ]

Tools
:: Real Estate Glossary
:: Questions and Answers (Brought to you by Bill Arce)
:: Email US or Call @ 1.888.934.9779
:: Apply for a Loan
:: Homes by Email
:: Refinance your Mortgage
:: What's my house worth

search in InfoCenter: | |

InfoCenter
Print this Print Forward this Share

Remodeling

Most homeowners do some type of remodeling. Remodeling projects also vary greatly from small (painting a room), and medium (updating the cabinets in your kitchen), to very large (like building a new room or finishing the basement).

Remodeling Steps

Set your goals.

Why are you remodeling? Do you need more space or do you just want a newer kitchen? Are you hoping to increase the value of your home?

Most homeowners remodel because they want to enjoy living in the remodeled or expanded home and are not concerned about the impact on its resale value. However, if you're remodeling to increase the resale value of your home, be sure to look at the homes in your neighborhood. A remodeling project that is not consistent with other homes in the neighborhood may not increase the resale value of your home, although it may increase your own enjoyment in living there.

Talk to a real estate agent. They can help you determine which improvements could make your house easy to sell.

Decide who will do the work.

Some homeowners enjoy do-it-yourself projects, while others hire contractors. You could save a lot of money doing smaller projects yourself, but be sure you know exactly what the project involves before you decide.

Benefits of Doing It Yourself:

Budget: Can be less expensive than hiring a contractor.

Mid-remodeling changes: You may have more flexibility.

Personal enjoyment: Many homeowners find it satisfying to work on their own.

Security: Many contractors are new businesses, may not be well qualified and may be under-capitalized or under-insured. If there are problems with the project, you may have little or no legal recourse.

Benefits of Hiring a Contractor:

Size of the project: Big projects are sometimes too complicated for a do-it-yourselfer and require a specialist.

Plumbing, electrical, and carpentry work: Can include substantial tasks and may require a contractor.

Building to code: Contractors are professionals who understand local codes. You don't want to jeopardize your safety or the safety of your home or get hit with a fine later for failing to follow local building codes.

Permits and inspections: Contractors often take care of the paperwork for you.

Time constraints: Improvements can sometimes take less time with contractors.

If you decide to hire a contractor, get references - and call them to ask what was done and whether they were happy with the work. Ask your friends and neighbors who did their work and whether or not they were happy with it. Your real estate agent and the Better Business Bureau are also good places to start your research.

Get at least three estimates from different contractors before deciding on one. Ask questions. Remember, you're hiring them for a job, so interview your contractor [PDF] and make sure the contract they prepare has everything you agreed to in writing.

Make a budget.

If you hire a contractor, he or she will work with you to develop the budget. If you're doing the project yourself, determine the materials you need and price them at several stores. Don't forget items like glue, nails, and screws. And add 10-20% for miscalculations or challenges during the project. Remember, a very detailed budget can reduce financial surprises as your project moves forward.

Keep a punch list.

Keep a "punch list" during the remodeling project. A punch list is a list of items that still need to be addressed before the project can be considered completed. As the project is nearing completion, schedule a walk-through with your contractor and go over the items on the list. Do not make the final payment or sign off on the project until all the items on the punch list are completed to your satisfaction.





Date In 12/20/2010 1:53:24 PM

<< home page Comentarios Add A Comment see comments( 0 )
AddThis Social Bookmark Button
 

InfoCenter My HOME!

:: CINCO REPARACIONES QUE LOS PROPIETARIOS DE CASAS NO DEBEN DESATENDER [ read more! ]
:: Como Embellecer Tu Jardin Con Estos 10 Simples Consejos [ read more! ]
:: ¿Quisiera Que Su Espacio Pequeño Parezca Mas Grande? [ read more! ]
:: TIPS FOR HOMEOWNERS (WINTER MAINTENANCE TIPS) [ read more! ]
:: Remodeling [ read more! ]
:: Home safety [ read more! ]
:: Cómo planear la remodelación de su Hogar [ read more! ]
:: Cómo mantener su Hogar [ read more! ]
:: Grilling safety [ read more! ]
:: Dog Owner Liability [ read more! ]


Click to read the oldest articles --->

HOMES FOR SALE

Apply For a Mortgage never so Easy, call or click!






REALTOR® -- A Registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. Inquiries regarding the Code of Ethics should be directed to the board in which a REALTOR® holds membership.

NAHREP - A registered trademark of the National Association of Hispanic Real Estate Professionals, which identifies a Real Estate professional member who subscribes to its strict code of ethics. RealEstateLatino.com has no affiliation with NAHREP.

The Fair Housing Act, 42 U.S.C. 3601 et seq., prohibits discrimination by direct providers of housing, such as landlords and real estate companies as well as other entities, such as municipalities, banks or other lending institutions and homeowners insurance companies whose discriminatory practices make housing unavailable to persons because of:


Contact us | About Us | Privacy policy
© 2007RealEstateLatino.com
Powered By Webwizard Web Development
William Arce Licensed Real Estate Broker New York State ~ License Number: 36AR1168838