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,...
We’ve been talking a lot lately about home renovations; specifically, we’ve been talking about how to finance your home repairs and improvements. If you’ve been following our blog, you likely understand the basics of HomeStyle Renovation Mortgages from Fannie...
You just found the perfect home for your exact needs. It has the interior layout you love, a large yard for children, and a western-facing view that gives you a front-row seat to vibrant sunsets. But it’s not quite perfect....
You’ve finally found your dream house. Maybe it’s in a kid-friendly neighborhood, with great schools and a wonderful park just a few blocks down. Maybe it has just the right amount of land for your herb garden and hobby...