Explore our blog for insights on buying, financing, remodeling, and taking care of your home.
We live in an instant-gratification society. We want what we want, and we want it now. Some of this is simply human nature. Some of the fault for this lies at the feet of our mass media. We're trained to think a complicated murder investigation can be solved and prosecuted in an hour TV show. Such is the case when it comes to all things home related. Thanks to networks like the DIY Network and HGTV, we have become accustomed to seeing home renovations wrapped up in a single episode, by homeowners just like you and me. However, that's not how real life works. In real life, remodeling projects take time and a lot of work. Sometimes, they even take the work of a professional!
The FHA 203k option for home buyers covers a long list of home improvements, repairs, renovations and rehab projects. But when I came across this house, I saw 7 right away. Take a look.
Replacing the sill plate on a house can sound like an impossible job. The sill plate is basically the buffer between the bottom of your walls and the top of your basement or foundation. It’s treated wood, and it’s anchored to the cement below. Sometimes these need to be replaced. (read about termite damage and sill plates here) But do you want to put jacks under your home and lift it up all on your own? It can be done.
According to our AmeriFirst branch in Fort Wayne, Indiana home buyers can rest assured they'll pay some of the lowest closing costs in the country. Here's a look at the numbers. The average closing costs (which include things like a title fee and origination fee) for a $200,000 home run a little over $4,000. Last year that figure was a little over $3,700 - an 8% jump. But in Indiana, the average closing costs total about $3,400.
You scored your first home mortgage. No more renting! Now what? It's time to celebrate!