HERO loans have a noble goal: reduce energy use and make a home more efficient. While well intentioned, these loans have become burdens for many homeowners. Now, many homeowners are wondering how to get out of a HERO loan....
It can be difficult to pay for repairs, which is why so many people choose renovation loans. When an emergency repair, such as a leaking roof or cracked foundation, occurs in your home, it needs to be handled quickly....
There are many VA loan myths, especially related to permitted work and home appraisals. These myths, unfortunately convince some people avoid VA loans. However, with the right information, you’ll see that a VA loan is a great option if...
We would all like to make our homes more energy efficient, but paying for these improvements can be costly. Installing a solar water heater, for example, costs an average price of $3,376 according to HomeAdvisor; if you have a high-end...
Fannie Mae’s HomeStyle Renovation program is an essential option for many borrowers. Sometimes a borrower wants to purchase a home that needs significant upgrades, repairs, and improvements, but most mortgage products only provide enough funding for the purchase of...
When you remodel a home, you can reasonably expect to increase the value of your property. But by how much? What’s the return-on-investment, or “ROI” on a remodeling project? Will you get all your money back? Will you make...
Sometimes we all need a little more space. Whether you are looking to expand the living room, add a bathroom to one side of the house, or build a complete master suite, a home addition allows you to craft...
Every seller wants to get the most value from their home. In many cases, this means making updates to the property; updates that will attract buyers, increase bidding competition, and enhance the perceived value of the property, which can...
Remodeling can be expensive, but it's often justified because, as many claim, it will add value to their home. But is this completely true? As we’ll see, renovations may not, in fact, be a strong financial investment, but that...
One of the worst situations in real estate is having a house on the market for an extremely long period. No matter what the value, we all want to sell our house quickly so that we can move on,...