Wednesday, April 29, 2015

7 Common Mistakes to Avoid When Hiring Pros

If your household is a company, then you're the boss, and your house is the factory. While you might explain to your children the "rules of living under your roof," you're never more the boss than when something goes wrong with that roof or any number of structures and furnishings underneath it. Along with being the boss, you're likely to double as personnel director for your home. When the time comes to hire someone who will take care of your home repairs, the decision is yours.

As a homeowner, you should know the basics of finding a home improvement contractor remain constant. Get multiple estimates and talk to previous customers of all the contractors you're considering. It's amazing how often homeowners fail to take even these standard precautions, and it helps explain why complaints against home improvement contractors consistently rank near the top of all consumer complaints—whether you talk to the Better Business Bureau, the Bureau of Consumer Protection, or any number of agencies that track consumer satisfaction ratings.

Unfortunately, there are several other mistakes you can make between the preliminary search and final hiring of your home improvement contractor. Of course, no criteria is foolproof, no matter how selective, but by avoiding these common pitfalls, you're more likely to make a wise hiring decision and maintain your position as company head of the family.

1. Poor Communication
Open communication is the golden rule of dealing with home improvement contractors. As long as you find a reasonably honest person, asking straightforward questions and clearly delineating what you want and expect from your home improvements and repairs will eliminate the vast majority of problems that can arise. Put this verbal communication in writing, and you can protect yourself from unreliable contractors.
2. Waiting Until You Need a Contractor
What has to be the single most common mistake homeowners make—waiting until things fail like heating and air conditioning, roofing and plumbing leaks frequently causes the cost of repair to rise. Worse yet, the immediate need to fix these items can block your ability to have them replaced instead of repaired. Spending $500 on a 20-year-old heating system is not a good investment, but it can take a week or more to find and install the right replacement heating system. As soon as you see signs of trouble, get someone out to your home for a look. Don't ignore a wet spot on your ceiling. Run your heating and air conditioning for an hour during the off-season. Much like a CEO, you should be concerned with the long-term financial status of your home.
Perhaps THE classic blunder, there are a number of different home improvements that appear to be viable DIY projects, only to morph into monsters that are more expensive than simply hiring a pro from the outset. Fence building, deck building, exterior house painting and drywall repair can all fit into his category. None of these projects is impossible to do for the right person, but the average homeowner should always lean toward hiring a pro when there is the slightest doubt.
This one is simple. Never hire someone who comes to your door. This is a classic move of scam artists. It doesn't matter what they say, whether they claim to have leftover materials from a nearby project, offer a free roof inspection, or any number of promotions, gimmicks or pitches. This doesn't necessarily mean that everybody who comes to your door is trying to pull a fast one on you, but there is simply too good a chance. Depending on what your gut tells you, respectfully ask for a business card and look the company up, or call your neighbors and the local chapter of your Better Business Bureau to report suspicious behavior.
It can happen with anything, but most often, this comes up with drywall and roofing. Don't hire someone to patch a hole or leak without addressing pre-existing water damage that can quickly destroy the repair work and possibly endanger the safety of your home. The flipside of this is the contractor who pretends more extensive repairs are needed than actually exist. Where the repair is hidden, such as common roofing work, this danger is omni-present. In these circumstances, you might consider hiring an independent inspector to ensure that everything is fixed that needs to be fixed, and nothing is fixed that was never broken. Perhaps the worst thing you can do is to ignore a contractor who identifies and recommends further repair. If a contractor can show or explain why water damage occurred, don't say or think that you can fix the drywall and worry about the rest later since money is tight.

You should always be wary of bids that are substantially higher or lower than the competition. There may be an explanation and you should certainly ask, but more often than not, lower bids reflect lower standards of service. Alternately, make sure each bid accounts for the exact same installation and features. On the other hand, higher bids rarely reflect higher standards of service. It may be as simple as price-gouging. Another explanation might be a contractor whose schedule is backed up and isn't looking for more work, unless the profit margin is high enough. Just as with a suspiciously low bid, ask both the individual contractor and the rest of the bidding contractors why this single bid is so much higher or lower than the others.
It doesn’t matter theater you live in a city or in a more rural area, don’t think you need to focus on hyper-local contractors. Most home improvement contractors service multiple counties. You may feel like Joe down the street is the best or only answer, but by searching surrounding areas, you may be surprised by the number of contractors who are willing to travel and provide bids—especially for larger projects. For smaller projects, such as window washing, you should talk to neighbors and see if you can hire one person for your whole neighborhood

Sunday, April 26, 2015

17 Tips for a Successful Move

17 TIPS FOR A SUCCESSFUL MOVE
From planning to unpacking, there are a lot of moving parts when relocating yourself or your family. Even if you’re moving on up, the process can still lead to some stressful situations. Minimize the hassle—and save time and money in the process—with these moving tips.

Planning for Your Move

Collect free boxes. Call your local grocery stores for extra boxes, and ask wine/package stores for wine cases, which are great for packing glassware!
Invest in custom boxes. Wardrobe boxes and custom containers are worth the money for keeping items like artwork and flat screens safe.
Calculate moving costs. Include supplies (boxes, tape, etc.), on-the-road expenses, storage, and moving trucks or movers. Check out Unpackt.com for a comprehensive guide on calculating moving costs.
Keep, sell, donate, or toss. Having trouble letting go? Keep in mind that sold items make you money, donated items equal tax deductions, and tossed items are less items to move.
Organize a moving folder. Include moving quotes, contracts, and all receipts (many moving expenses are tax deductible).
Organize and draft a floor plan. Start planning the layout of your new home, and assign functions to rooms in advance.
Color code. Assign a color to every key area of your home. Print colored labels to tape onto boxes with clear tape, and add a splash of the color to all sides with colored duct tape or markers.
Create a number system for boxes. This will help you prioritize boxes you should unpack first and ones that can wait.
Create a moving key to follow. Include your color code and number system, and then print multiple copies to place in every room.
Smart Packing Solutions

Take photos of cords. A quick snapshot of the cords on the back of complex electronics is a small action that you’ll be thankful for later.
Keep hardware organized. Tape screws, bolts, and nuts directly to furniture, appliances, and picture frames. Use a ziplock bag for larger hardware, label it, and attach the bag to the item.
Pack heavy items in rolling luggage. Books, for example, are nice to store together, but their weight adds up quickly. Avoid heavy lifting by wheeling them in your luggage.
Contain with plastic wrap. Use plastic wrap around drawers and items, like a silverware tray. It’s cheap, doesn’t leave sticky residue, and saves time by allowing you to avoid emptying every container.
Protect mattresses. Put your extra fitted sheets to good use by doubling them up around mattresses to keep them clean.
Pack small kitchen items in larger ones. Try putting spices in the Crock-Pot and measuring cups in a mixing bowl. Get creative!
Use towels for cushioning. Wrap delicate items in towels for an extra layer of protection that costs nothing.
Clean as you go. As you pack, quickly clean off items to avoid carrying excess dirt into your new digs.
To help make the process as organized as possible, plan out your big event with this moving time-frames worksheet. And don’t forget to let your cable company know. Use this change of address checklist to make sure all of your accounts are notified of your change in residence.

- See more at: http://americanlifestylemag.com/sharable/move7005/#sthash.f4LjjgyG.dpuf

Saturday, April 25, 2015


Come tax season, many people choose to invest their tax returns in their homes. What’s the primary reason they remodel? According to our research, 48 percent take on remodeling projects that will make their home more comfortable. And while this seems to represent a shift away from remodeling to increase Aesthetic Updgrades
While not nearly as exciting as a kitchen remodel, investing in a few key aesthetic upgrades can yield significant returns on your home improvement investments. For example, replacing your front door, siding and garage door can yield some of the highest ROIs. And while neither project is as “fun” as a kitchen remodel, all are smart investments that will improve the look and value of your home. If your exterior could use an upgrade, we’ve got door and siding pros who are ready to help.a home’s value, it doesn’t mean one should ignore a project’s ROI potential. Here are a few projects that can make your home more livable and valuable.

Adding a wood deck is an investment that will add value to your home while improving your outdoor living space. The key here is to not over-invest in the project. Composite decking might be more resilient, but with a significantly higher average cost and drastically lower ROI, it isn't nearly as smart an investment. Find a decking pro.
Besides improving the look and comfort of your home, new windows can have a dramatic effect on your utility bills. When it comes to replacing your windows, you have two choices: wood or vinyl. Both are good investments, though wood windows usually have a slightly higher ROI. Get quotes from screened and rated window pros.

Finally, the room every homeowner dreams of remodeling: the kitchen. You'd be hard pressed to find a home improvement expert or realtor who doesn't think a kitchen remodel is a worthwhile investment. And, for the most part, they're right. The key is to invest in the right remodel. You might daydream about upgrading your kitchen with commercial-grade appliances, exotic hardwood flooring, and other costly splurges. However, don't make the mistake of thinking they'll return more because they cost more. To get the most bang for your buck go with a minor, mid-range remodel. Want to check out kitchen remodeling costs in your area? Our True Cost Guidewill tell you what you can expect to spend.
Luxury Kitchen
Last but not least, before starting any remodeling project it's important to keep a couple of things in mind. One, if you're planning on moving within five years, stick to smaller remodeling projects as they typically have shorter payback periods. Second, and perhaps more important, never spend more than 25% of the home's value on renovations.



NAR's EHS Report [INFOGRAPHIC] | Keeping Current Matters

Wednesday, April 8, 2015

Housing Market is Healthiest in Years!

Housing Market is Healthiest in Years! | Keeping Current Matters
According to Nationwide’s recently unveiled, Health of Housing Market (HoHM) Report, the US housing market is at it’s healthiest levels since the index’s creation in 2001. The index analyzes the health of the housing market across the country and in 373 metro areas every quarter. Using the data that they have collected over the past 15 years, Nationwide will look to give a “data-driven view of the near-term performance of housing markets based upon current health indicators.” The fourth quarter of 2014 ended with the highest indicator score in over 15 years of data analyzed by the study at 109.8. The report explains:
“An index value over 100 suggests that the national housing market is healthy, with lower chances of a housing downturn over the next year as the index moves increasingly above the 100 breakeven value.”
Employment, demographics, the mortgage market, and housing prices are all used to evaluate the health of each market. The top 10 healthiest housing markets according to the index are:
  1. Pittsburgh, PA
  2. Cleveland-Elyria, OH
  3. Philadelphia, PA
  4. Rockford, Ill.
  5. Burlington, NC
  6. Scranton-Wilkes-Barre, PA
  7. Fayetteville-Springdale, AK-MO
  8. Idaho Falls, ID
  9. Tulsa, OK
  10. Kennewick-Richland, WA
The two ‘least healthy’ markets were Bismark, ND and Atlantic City, NJ who received“just slightly negative performance rankings”. David Berson, Nationwide’s Chief Economist and Senior Vice President, says “the quarterly report should serve as a resource to gauge how healthy housing markets are today but, perhaps more important, what to expect in the future and why.”

Bottom Line

The housing market continues to recover and surpass recent history. Meet with an agent in your local market to determine if you are able to take advantage of the opportunities available in real estate today.