How to Speak Remodeling
The home building industry celebrates National Remodeling Month in May, but remodeling is popular year-round, and the industry is growing every year. Whether it’s a small cosmetic remodel such as replacing bathroom fixtures, or a major down-to-the-wall-studs overhaul of your kitchen or adding new space to your home, understanding the terminology your professional remodeler is using can be very helpful to ensure you get the finished project you want.
As you interview potential contractors, this glossary of common terms used by builders and remodelers will help you understand the language of your remodeling project — and help you avoid miscommunication with your contractor.
Beware Unscrupulous Contractors
It’s an unfortunate fact of life that after a natural or man-made disaster, there are people who will try to profit from a community’s misfortune. Tornadoes, floods, hurricanes, earthquakes, wildfires, windstorms and other disasters can destroy lives and property without warning. Sadly, in the wake of the tragedy, unscrupulous contractors often flock to an area to take advantage of the distressed home owners who are trying to repair the damage or rebuild their homes.
But a fly-by-night contractor is one disaster you can prevent if you pay attention to some common warning signs. In fact, it makes sense to look for these signs when you are evaluating any potential contractor, whether it’s for post-disaster repairs or a planned-for renovation to your home.
Here are some common warning signs:
Home Financing for the First Time Buyer
Buying your first house can be very exciting. But financing your home purchase can be a daunting experience. In both cases, knowledge is power, and if you do your research and shop carefully, you will have a successful home-buying experience.
Advance preparation is key when getting ready to buy a home. You need to decide how much to spend on your home and which type of mortgage will work best for you, as well as understand the settlement process.
Before you visit a sales office, model home or open house, you should take advantage of the many sources that can help you get prepared, and take some steps to ensure you’re in the best possible financial situation: