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Having These Thoughts? It’s Time for Some Home Renovating
Here’s how you know you’re ready for home renovating.
Renovating your home is a lot of work. It takes time and money and turns your home—which should be a refuge—into a construction zone. That doesn’t mean it’s not worth it, though!
Sometimes, you just need to do some home renovating. If you’re having any of these thoughts, it’s time for you to start planning your remodel.
“I want to sell my house.”
If you’re thinking of selling, do your homework on which projects will get you the ROI. Then, do them. Houses that have been renovated sell faster and at higher prices. Plus, if you’re already emotionally ready to part with your home you won’t be bothered by any changes you make to it!
“I’m not happy at home.”
When you get home after a long day of work, you should feel like you’re walking into a sanctuary. If you don’t look forward to going home, get out the jackhammer (or hire someone who has one) and get to work on creating your ideal space. You deserve to love where you live, and it’s well worth the investment of energy and money to make your house a home.
“I’m not keeping up with the Joneses.”
Have you noticed a lot of remodels on your street? Time to start one of your own! When it comes time to sell your house, you’re going to have a very hard time if your home looks like a dated dud next to your neighbors’ new digs.
Whether you’re renovating because you want to sell or are ready to buy a home that won’t need so much work, contact me, Betsy Dittman, today! I’m here to help you find your ideal home in Los Angeles or the Conejo Valley. If you want guidance to your perfect piece of luxury real estate, call me today!
Mortgage Advice: Should You Refinance?
These are a few good reasons to refinance your mortgage.
Your mortgage is probably one of your biggest monthly expenses, so refinancing is tempting. It could help you save money each month, get a lower interest rate to save over the life of your loan, and free up money for other, more fun pursuits. Not everyone should refinance, though. Should you?
There are a few great reasons for working on your mortgage. Here’s my mortgage advice on when you should refinance.
- You can get a lower rate. Keep in mind that when you refinance, you’ll have to pay closing costs all over again. It’s worth it to take those on if you can save 2 percent on your interest rate. Talk to your lender and see how much you could shave off your rate before you commit to refinancing.
- You can slash your loan life. Even if you can’t minimize your monthly payment, shortening the duration of your loan is well worth it. Just think, if you could be free of your mortgage payments in 10 years instead of 12, that gives you two extra years of cash to put towards home improvements, retirement, or fun!
- You need to pull our equity. If you have debts other than your mortgage that are weighing on your family, refinancing can be a great way to free up the equity you’ve built in your home to pay off those outstanding amounts.
Instead of working on your mortgage, you could simply sell your house and buy another one that better suits you. To learn how selling your Los Angeles, Santa Monica, San Fernando or Conejo Valley, or Beverly Hills home could help you get into the right house with the right mortgage, contact me, Betsy Dittman. As a real estate expert, I’m more than happy to offer my advice to you.
