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Sally Blaze's Blog

By Sally Blaze | Agent in Livermore, CA

Home Improvements


California Real Estate Magazine recently wrote two articles on Home Improvements...and what you might want to know before you get started.  This is a quick recap.
  • Energy Saving Improvements.  This could include installation of insulation, new duct sealing; and replacing doors, windows, HVAC units, water heaters, or solar panels.  Check with the Federal Housing Administration's website to see if you qualify for a low-cost loan.  You may be eligible for up to $25,000 at rates between 5-7%.  Visit:  http://portal.hud.gov/hudportal/documents/huddoc?id=FHAPowerSaverFactSheet.pdf.
  • A recent study shows that more than $125 billiion was spent on home improvement projects during the first quarter of this year!  That is a 9.1 percent increase from first quarter of 2010.  It is predicted home improvement project expenses to hit $132.9 billion in the second quarter.  So, don't feel alone when you undertake a home improvement project.  You probably have a neighbor or two making improvements as well!

Whether you are thinking about making improvements to your home or selling your home and buying one "move in ready", I look forward to talking with you about your situation.

Sally Blaze, Alain Pinel Realtors
DRE#01856137
925-998-1284
sblaze@apr.com
facebook.com/SallyBlazeRealEstate
www.apr.com/sblaze

Comments

By Brian LeBars,  Tue Jun 28 2011, 18:47
There are many options offered on home improvement loans. In our area we can go to 729,750 presently on improvements and future values. One loan also allows you to finance the energy efficient improvements up to $8,000 combined with your purchase loan. Call me anytime with questions and a free consultation for your clients!!!

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