Home Renovations: “Wood In Buildings: Steps To Durability And Longevity” Article In Architecture Magazine

17 12 2012

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Homebuyers Can Renovate Properties With FHA 203k, Fannie Mae HomePath And Fannie Mae HomeStyle Mortgage Loans

23 08 2012

CALL 800 385-3503 FOR INFORMATION





Residential Home Remodels Continue To Increase In 2011 With A 22% Increase Over 2010

25 07 2011
  • The Residential BuildFax Remodeling Index rose 22% year-over-year–and for the nineteenth straight month–in May to 124.3, the highest number in the index to date
  • Residential remodels in May were up month-over-month 14.6 points (13%) from the April value of 109.7, and up year-over-year 22.1 points from the May 2010 value of 102.2
  • All regions were up month-over-month, with the Northeast up 9.8 points (12%), the South up 7.3 points (7%), the Midwest up 16.3 points (18%), and the West up 8.7 points (7%)
  • “Through the first five months of 2011 we have seen impressive gains within the remodeling index and May has continued that trend with a record setting month,” said Joe Emison, Vice President of Research and Development at BuildFax
  • “Even with the continued struggles in the economy, the remodeling industry has been a bright spot, as consumers look to make upgrades to their current homes, rather than purchasing a new residence
  • Based on the trends from the first months of this year, we expect to continue seeing strong gains from coast to coast.”
  • The BuildFax Remodeling Index is based on construction permits filed with local building departments across the country
  • The index tracks the number of properties permitted
  • The national and regional indexes all have an initial value of 100 set in April of 2004, are based on a three-month moving average, and are not seasonally adjusted

For more: http://www.buildfax.com/public/remodeling/index.html





Home Remodeling Projects: Homeowners Can Avoid Being “Scammed” By Contractors By Checking Licensing, Getting A Minimum Of Three Estimates, And Calling References

14 06 2011
  • A homeowner’s biggest nightmare regarding remodels is “paying a contractor who walks off with the money”
  • You pay someone thousands of dollars — maybe tens of thousands — to fix your home, and the work isn’t done right.
  • But steps can be take to make sure the work gets done correctly and completely:
  1. Go online and look up the contractor’s “state” contractor license status
  2. State laws requires contractors to have a current license status, carry a minimum amount of insurance, and provide their license number on advertisements and contracts
  3. Check at least three contractors and get estimates from each of them
  4. The lowest bid might not be the best one if the  contractor uses substandard materials or doesn’t actually do the work
  5. Do not use a contractor who charges for an estimate, or stating in fine print that they will charge you if you choose a different builder
  6. Once you have the estimates, ask each contractor for references
  7. Then call those references
  8. Ask if there were problems with their project. If you’re doing a bigger project, ask for older references to see how the addition or deck has withstood the test of time

For more:  http://www.goerie.com/apps/pbcs.dll/article?AID=/20110614/NEWS02/306139933/-1/NEWSSITEMAP





Home Remodeling: The May 2011 “Remodeling Magazine” Digital Issue Is Released Featuring Top 50 National Builders And Contractors

17 05 2011

CLICK ON "REMODELING" TO READ DIGITAL MAGAZINE





Remodeling And The Art Of Homeowner Happiness: “Be Careful What You Wish For In Home Improvements”

26 03 2011

 

  • Remodels must meet a household’s daily needs, not those of a magazine or TV show
  • How the family cooks, shops, eats, entertains and cleans up is critical to any successful remodel
  • High-maintenance materials will not work with a busy, hectic schedule
  • Select a kitchen layout and appliances that match your lifestyle
  • Remodels must incorporate the homes essential architecture and remail consistent with existing architecture
  • Flooring and cabinetry finishes must compliment existing materiaals and colors
  • Will a French country or Tuscan kitchen will look out of place with an existing California contemporary?
  • A renovation must not be in excess of the home’s true value
  • A renovation must be proportionate because a $100,000 kitchen won’t turn a $400,000 home into a $500,000 home
  • Overspending and over-improving a home can turn an exciting project into problem down the road

For more:  http://www.signonsandiego.com/news/2011/mar/25/formulate-game-plan-before-remodel-begins/#





Home Remodeling Projects: Using An Architect And Contractor To “Solve” What’s Working And Not Working In A Home Is Critical

21 02 2011

 

  • Determine what’s working and what’s not in the home
  • A second marriage can blend two families with teenagers making a home remodel necessary
  • A lack of bedrooms, bathrooms and a large gathering space was obvious
  • Now list needs and wants
  • A separate bedroom for each child away from parents’ bedroom was essential
  • Two existing bathrooms would have to become four
  • Space for doing homework, a larger kitchen and great room were the priorities
  • The backyard pool was kept so the room additions would have to be in a second story
  • Talk with and contract an architect and/or a general contractor
  • The architect will refine the renovation list and adress building codes, structural issues, and good design principles, and start on plans
  • Architecture is about solving problems

For more:  http://www.deseretnews.com/article/700111820/Analyze-your-house-and-your-needs-before-you-remodel.html?pg=2