Monday, October 26, 2020 / by Gary Semeniuk
When rates are low, it can seem like the ideal time to refinance your mortgage. After all, who doesn’t like a lower interest rate? There are lots of good reasons to refinance your mortgage, such as adding on or trying to streamline your expenses, but what’s really involved in the process?
Mortgage Refinancing: The Basics
Perhaps the best news any homeowner can get when it comes to a refi is that it’s not likely to be nearly as difficult as getting the original loan was. Breathe a big sigh of relief if you need to; this is the time for it.
For many homeowners, refinancing happens for a few specific reasons: reducing mortgage interest, dropping mortgage insurance, or cashing out for a remodeling expense. When rates are low and values are high, a refinance can provide a double whammy financially. Dropping any mortgage insurance you’re currently on the hook for can make a big dent in your house payment, especially if waiting ...
Monday, October 19, 2020 / by Gary Semeniuk
Buying a house can be incredibly exciting and terrifying at the same time, especially if it’s your first or second home. For a lot of buyers today, the idea of getting a killer deal is the ultimate goal, one that you may have heard is possible with a bank-repossessed property (also known as a “real estate owned” property or simply “REO”). Real estate prices are only going up, after all, so what’s the scoop on these REOs?
Can You Get a Deal on Repossessed Properties?
It’s a tricky question with a lot of caveats. In some markets, it will almost certainly be easier to take advantage of REOs to find lower entry price points. Other markets may not offer a lot of financial benefit to the buyer. When market inventory is low in the property type and area you’re shopping for, prices will tend to trend higher, even for repossessed properties.
On the other hand, if you’re pretty flexible and aren’ ...
Tuesday, October 13, 2020 / by Gary Semeniuk
Good lighting is important in many places in the home. When you’re working in the kitchen, though, having sufficient lighting to see what you’re doing is vital. Poor lighting in your kitchen can make cooking and other tasks a pain, especially if the lighting leaves shadows in areas that you use a lot. Fortunately, there are a number of options available when it comes to adding new lighting to your kitchen. Here are some of the best for you to consider.
One popular lighting option for kitchens is recessed lighting. This is especially useful if you have relatively low ceilings, as you can have multiple light sources in the kitchen without having large fixtures hanging down. Recessed lighting can also be used to accent other lighting solutions as well, giving you more light where you need it while only taking up a small amount of space on the ceiling.
Cabinet space is a must-have i ...
Monday, October 5, 2020 / by Gary Semeniuk
Erosion can be a big problem for homeowners, even if you don’t live in an area that sees frequent flooding or other causes of large-scale erosion. As soil erodes from around your foundation, it reduces the stability of the foundation and opens up the foundation materials themselves to damage from the elements. This is why it’s important to know not only how to recognize the signs of erosion, but also how to deal with it and repair any damage that’s already been done.
Foundation Erosion Problems
In most cases, when foundation erosion occurs it comes in the form of water or other elements washing away some of the soil around your home’s foundation. This can lead to underground portions of the foundation being exposed and may also kill grass that would otherwise help to hold the soil in place (which can in turn make erosion problems worse). As more soil erodes from around the foundation, you may start to see cracks and leaks forming in the foundat ...
Monday, September 28, 2020 / by Gary Semeniuk
Fall is a little bit like a reverse spring. Everything is starting to wind down as winter approaches, and for a lot of gardeners, that’s a sad time. It doesn’t have to be, though; fall can be a time for laying the groundwork for spring plants and creating dazzling garden displays.
What to Plant
Fall planting can be tricky, largely because the plants that prefer to be planted in the fall can vary widely depending on where you live. However, if you live where it gets cold enough to frost or freeze, you can bet on many of these being excellent candidates:
Spring bulbs. Tulip, daffodil, Crocus, Allium, hyacinth, lilies, and even Iris are awesome choices for planting in the fall. They don’t generally need to be lifted, so they can be planted in those short days before the first frost hits. You’ll reap the fruits of your labor when the ground starts to warm up again.
Perennials. A huge range of perennials do great when planted ...