Home Equity Loan or Equity Home Line of Credit for Home Improvement Projects
Home Equity Loan or Equity Home Line of Credit for Home Improvement Projects
“home equity loan” “equity home line” “credit equity line” “consolidation loan” “debt consolidation credit” Home Equity Loan or Equity Home Line of Credit to Double as a Home Improvement and Debt Consolidation Loan With any remodeling and construction projects you do on your home there are many payment options available for most home improvement remodeling projects. For [...]
“home equity loan” “equity home line” “credit equity line” “consolidation loan” “debt consolidation credit”
Home Equity Loan or Equity Home Line of Credit to Double as a Home Improvement and Debt Consolidation Loan
With any remodeling and construction projects you do on your home there are many payment options available for most home improvement remodeling projects. For example, you can get your own loan such as a home equity loan or credit equity line or ask the contractor to arrange financing for larger projects. For smaller projects, you may want to pay by check or credit card.
For the larger projects a home equity loan, or a credit equity line also known as an equity home line of credit, can be a good solution because the interest rates are often better than other types of loans or credit and, depending on the amount of equity you have in your home, you might also be able to use it as a debt consolidation loan at the same time to pay off high interests credit cards and other high interest debt so you can be relatively debt free with just the equity home line of credit at a lower interest rate and improve your home and bring up its value at the same time.
What is the Difference between a Home Equity Loan and a Home Equity Line of Credit?
A home equity loan is a loan that is secured by your home. It is also sometimes referred to as a closed-end home equity loan or a second mortgage and is a fixed amount of money that must be repaid over a fixed term just like your original mortgage. You get the entire loan amount upfront all at once. You have predictable, consistent monthly payments.
A Home Equity Line of Credit in many ways is similar to a credit card. It is a a form of revolving credit in which your home serves as collateral. You can borrow as much as you need, whenever you need it, by writing a check as long as your total borrowing does not exceed your credit limit. Because it is a line of credit, you make payments only on the amount you have actually borrowed, not the full amount available. What makes a Home Equity Line of Credit so popular is that interest paid is usually tax deductible under federal and most state income tax laws.
Whether you use a home equity loan or a home equity line of credit for a home improvement project or as a debt consolidation loan or both it’s a great way to make your debt tax deductable and improve the value of your home at the same time.
Planning a kitchen remodel?
Find out the secret to remodeling your kitchen the easy way PLUS insider information that will save you 1000’s on materials, give you a more realistic way to estimate remodeling costs AND help you get your kitchen remodeling project done weeks faster! To find out more…..CLICK HERE
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Home Improvement, Remodeling Costs, Remodeling Project, Remodeling and Construction
LEED Certification in Your Remodeling and Construction Projects
So you’re getting ready to remodel your home and you want to go green as much as possible because you’re trying to be more environmentally responsible… and you also wouldn’t mind saving some money on utilities and maximizing your home’s resale value. Where do you start? A good place to start for your remodeling and construction [...]
LEED is an acronym for Leadership in Energy & Environmental Design and is a rating system of sustainable green building and development practices.
LEED is also a nationally recognized, third party certification system and accreditation program conducted by the U.S. Green Building Council that certifies building projects meet high green building standards based on performance and measurable results in five key areas of human and environmental health: sustainable site development, water savings, energy efficiency, materials selection and indoor environmental quality.
When LEED was first created it focused on new construction only but The U.S. Green Building Council and the American Society of Interior Designers (ASID) partnered together to create the REGREEN Program, which has created national green remodeling guidelines for existing homes so remodeling projects can also follow USGBC guidelines. To check out their guidelines go to http://www.regreenprogram.org
In the US, our homes are responsible for 21% of our nation’s greenhouse gas emissions. In the United States , approximately 4 metric tons of carbon dioxide (CO2) equivalent (almost 9,000 pounds) per person per year (about 17% of total U.S. emissions) are emitted from people’s homes. The three main sources of greenhouse gas emissions from homes are electricity use, heating and waste.
Formaldehyde is another gas emission from homes. It is emitted from many materials used to construct and remodel a home. Formaldehyde is a colorless gas. At elevated concentrations it has a strong, pungent odor and can be irritating to the eyes, nose, and lungs. Formaldehyde is released into the home from a variety of indoor sources. Some resins, or glues, used to bind wood chips or fibers into plywood, particleboard, and other pressed wood products, contain formaldehyde. Cabinetry and some floor and wall materials are often made from such products.
SOME COMMON SOURCES OF FORMALDEHYDE INDOORS
Pressed wood products: particleboard, plywood, medium-density fiberboard (MDF); often used in cabinetry, and wall and floor materials
Consumer Products: wallpaper, paint, coatings; often a preservative in these and other products
Coatings for Some Cabinet and Furniture Products: acid-catalyzed urea formaldehyde type finishes.
Combustion Appliances: wood stoves, gas appliances, kerosene stoves
Living in a green home means that you’re helping to stop the causes of climate change and using green materials and getting LEED certification in your remodeling and construction projects can help you not only be kind to the environment but also be kind to your body and your own personal health and there are also financial benefits to earning LEED certification too.
When you do a green LEED certified homes may also be eligible for financial benefits such as lower fees for financing and lower insurance rates.
To learn more about LEED certification you can go to their website at: http://www.usgbc.org
Planning a kitchen remodel?
Find out the secret to remodeling your kitchen the easy way PLUS insider information that will save you 1000’s on materials, give you a more realistic way to estimate remodeling costs AND help you get your kitchen remodeling project done weeks faster! To find out more…..CLICK HERE
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Eco Friendly, Go Green, Green Materials, Homes Renovations, House Remodeling, Remodeling, Remodeling Houses, Remodeling Project, Remodeling and Construction
Using Chromatherapy in Your Home Design
“chromatherapy” “home design” When it comes to remodeling houses and picking out the color scheme for your home design just how important is the color choice? Color touches us on a very deep intuitive level. Whether you realize it or not, colors speak very loud to our subconscious and have a positive or negative reaction within 90 [...]
Whether you realize it or not, colors speak very loud to our subconscious and have a positive or negative reaction within 90 seconds.
Color psychology is a complex field of study and goes deep into the meaning of combining colors for a particular desired effect. The field of industrial psychology has a sub-field that studies only the psychology of color. It is no accident that Campbell’s soup has used the same colors on their labels for years and years.
The colors you select for a room will impact you on a very deep level every time you spend time in that room so consciously choosing the colors for your home design with this in mind is very important.
chromatherapy is sometimes referred to as light therapy or colorology and is still used today as a holistic or alternative treatment as well as one of the newest trends featured in bathtubs and shower systems.
One of the reasons color affects us on a subconscious, intuitive and physiological level is tied to our energy centers or chakra system. Chakra is a Sanskrit word used by the Hindus. It literally means “wheel of light”.
Chakras are major energy centers located in the body that govern physical body systems, emotional qualities and areas of consciousness. They are also associated with specific colors so the use of a specific color in a room’s color scheme will stimulate the chakra and the physical body systems, emotional qualities and areas of consciousness governed by that particular chakra or a combination of chakras if you’re using blended colors.
Individuals also associate particular colors with particular things in their lives. Colors have different meanings for adults and children. The purity of color reflects the purity of its symbolic meaning. Being aware of these colors and how they affect our perception and the responses they evoke inside of us is important.
Primary colors for example, red, yellow and blue, appeal to primary emotions. Young children respond to primary emotions. They unconsciously reject mixed or impure colors because these shades mean nothing to them. This is why Fisher Price marketing colors are primary colors…they know their target audience and understand the secret psychology of color.
Different cultures also have different attitudes and preferences in the attribution of qualities of color. Eastern and western cultures assign different meanings to color. Choosing a color scheme for the room you’re remodeling should take into consideration the people who will most frequently be in the room and what energy or feelings you may want to evoke or create in that atmosphere.
home design * chromatherapy * remodeling houses
Planning a kitchen remodel?
Find out the secret to remodeling your kitchen the easy way PLUS insider information that will save you 1000’s on materials, give you a more realistic way to estimate remodeling costs AND help you get your kitchen remodeling project done weeks faster! To find out more…..CLICK HERE
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Chromatherapy, Custom Remodeling, Do it Yourself Home Improvements, Home Design, Home Designs, Home Improvement & Maintenance, Home Improvement DIY, Homes Renovations, House Remodeling, Ideas for Kitchens, Kitchen Designs, Kitchen Plans, Kitchen Remodel, Remodeling, Remodeling Houses, Remodeling and Construction
A Great Way to Avoid Remodeling Project Nightmares
“remodeling and construction” “remodeling project” “diy” “remodeling” When doing any sort of remodeling or construction project, if it’s not a diy project and you’re not the contractor or doing it yourself, you’ll most likely end up hiring a contractor or tradesman to work on your remodeling project. There are a lot of horror stories floating around [...]
“remodeling and construction” “remodeling project” “diy” “remodeling”
When doing any sort of remodeling or construction project, if it’s not a diy project and you’re not the contractor or doing it yourself, you’ll most likely end up hiring a contractor or tradesman to work on your remodeling project. There are a lot of horror stories floating around of remodeling project nightmares and litigation with contractors that probably could have been easily avoided with better communication.Communication is critical in making sure that what you’re trying achieve is clearly understood by your contractor. For an example, in some parts of the country it is standard practice for some drywall contractors to screw in the ceiling drywall but nail in the walls.
If your remodeling project is in a humid part of the country, with all the fluctuations in humidity, you’ll have the nails start popping out within a couple of years whereas screwing the drywall eliminates this problem but if you just assume that your contractor knows you prefer him to screw in the drywall instead of simply nailing in the drywall and it doesn’t go the way you assumed it naturally would there could be a problem.
Another example is the exact height or placement of something. I remember one project I had to put in a through the wall air conditioner into a room and to me it seemed logical that the contractor would line up the top of the air conditioner with a hung picture on the adjacent wall because aesthetically that would flow much better and it never even occurred to me that he wouldn’t automatically know to do that. I had only left the room for a few minutes but when I came back the hole was already cut and it was nearly 6 inches below where I assumed it would be but I hadn’t specified this with the contractor so he put it where HE thought it would be most logical to put it.
Photos are another great way to get your point across. For example if you are trying to design your landscape you might take a photo of your house to the nursery so they can give you their suggestions about what might be most suitable to what you’re wanting to achieve. Or if you are having issues with the building inspectors and something isn’t passing inspection bringing a photo to them can be very helpful for clarification.
Don’t just assume your contractor knows what you want. Make sure you specify everything EXACTLY how and where and when you want it. Putting all the exact details in writing is not just good practice but an absolute must. That will save you lots of frustration, do overs, and possibly even litigation.
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Contractor, Custom Remodeling, Home Improvement & Maintenance, Homes Renovations, House Remodeling, Remodeling, Remodeling Houses, Remodeling and Construction
Finding a Contractor for Your Remodeling and Construction Project
“remodeling and construction” “kitchen remodel” A question you might want to ask the contractor is how many remodeling projects like mine have you completed in the last year? Ask for a list as this will help you determine how familiar the contractor is with your type of project. If he primarily specializes in fireplaces and [...]
“remodeling and construction” “kitchen remodel”
A question you might want to ask the contractor is how many remodeling projects like mine have you completed in the last year? Ask for a list as this will help you determine how familiar the contractor is with your type of project. If he primarily specializes in fireplaces and all his previous remodeling and construction projects were fireplaces and you’re doing a kitchen remodel or a bathroom, he might not be the right contractor for you.
You should also always ask the contractor for a list of references. The contractor should be able to give you the names, addresses and phone numbers of at least three clients who have projects similar to yours. Ask how long each of those jobs took to complete and how long ago they were completed and ask to see them. You can also tell the contractor you would like to visit some of his current remodeling jobs in progress.
When you contact the clients he gave you as a reference you may want to ask them if you can visit their home to see the completed job. You can also ask them things like: were you satisfied with the remodeling project? Was it completed on time? Did the contractor keep you informed about the status of the project, and any problems along the way? Were there any unexpected remodeling costs? And if so, what were they? Did the workers show up on time? Did they clean up after finishing the job?
Probably the most important questions though would be were you happy with the work? Would you recommend the contractor? Would you use him again?
Happy clients are your very best bet!
remodeling and construction remodeling costs kitchen remodel remodeling
Planning a kitchen remodel?
Find out the secret to remodeling your kitchen the easy way PLUS insider information that will save you 1000’s on materials, give you a more realistic way to estimate remodeling costs AND help you get your kitchen remodeling project done weeks faster! To find out more…..CLICK HERE
Tags
Custom Remodeling, Discount Kitchen Cabinets, Do it Yourself Home Improvements, Home Design, Home Designs, Home Improvement & Maintenance, Home Improvement DIY, Homes Renovations, House Remodeling, Ideas for Kitchens, Kitchen Cabinets, Kitchen Designs, Kitchen Plans, Kitchen Remodel, Remodeling, Remodeling Costs, Remodeling Houses, Remodeling and Construction
