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Evaluating a neighborhood before buying a home

Chanhassen, MN. Kitchen Remodeling.

Two factors which will have an impact on real estate prices. They are, access to jobs and access to amenities. An area with a lot of employment opportunity nearby, has a very low risk factor in terms of fall in the price. Also, they are going to be the places that are convenient to get high-paying jobs.

“Buying a home that declines sharply in property value can put you underwater on your mortgage, erode your net worth and leave you unable to relocate for a new job or adapt to a change in household income.”

Read the full article: How a neighborhood holds property value

Call Phil Today! For Your Home Repair & Remodeling Needs 612-282-2269

Home, Basement, Kitchen & Bath Remodeling | Remodeling Services Provided

Evaluating a neighborhood before buying a home

Understanding the Complicated Short Sale

Eden Prairie, MN. Home Repair.

Short selling property, this happens when someone that is selling a home sells it in conjunction with the bank at less than what the mortgage is worth. This may have its “ups and downs” for both buyer and seller. Often times the seller is still stuck with paying the rest of the mortgage, and for the buyer, the home is often times in a bit of disrepair and will be needing some fixing up, as well as being a hassle to close the deal. However there are upsides as well, such as the seller selling before having to foreclosed, and not taking as bad of a hit on their credit. And as for the buyer, getting a home for under market value. As with any deal there are fine print that needs to be read. So be careful if you are thinking about short buying your “new” home.

“Lenders are painfully aware of just how bad the current foreclosure crisis is. They know the cold reality is that a large number of struggling borrowers will end up losing their homes and often see the advisability in accepting the inevitable and trying to minimize their losses. Yet, some lenders seem to remain in denial.”

Read the full article: 10 steps to ‘short sale’ buying

http://www.bankrate.com/finance/money-guides/10-crucial-steps-to-short-sale-buying-1.aspx

Call Phil Today! For Your Home Repair & Remodeling Needs 612-282-2269

Home, Basement, Kitchen & Bath Remodeling | Remodeling Services Provided

Eden Prairie, MN. Home Repair.

Understanding the Complicated Short Sale

Ultimate kid-spoiling home improvements

Minnetonka, MN. Basement Finishing.

Kids been good this year? Have a little extra cash in your pockets? Checkout these 10 kid-spoiling home improvements.

“Many of these projects cost tens of thousands of dollars. If you have that kind of money to spare, the investment should pay dividends in the form of fun and enhanced imaginations. In some cases, it may even add to the value of your home.”

Read the full article: 10 kid-spoiling home additions

Call Phil Today! For Your Home Repair & Remodeling Needs 612-282-2269

Home, Basement, Kitchen & Bath Remodeling | Remodeling Services Provided

Minnetonka, MN. Basement Finishing.

Ultimate kid-spoiling home improvements

Prefab homes offer value and upgraded amenities

St Louis Park, MN. Contractor

This article promotes modular and mobile homes or simply called “prefab” homes. “Prefab Homes” or Prefabricated Homes said to be convenient, Earth friendly, and low cost but efficient. It was first introduced by Clayton’s I- House and acquired by Berkshire Hathaway. They do not intend to replace the traditional homes, it only promote the next generation homes.

“Now that the housing bust has knocked some of the swagger out of conventional, single-family construction, consumers may be surprised to discover that prefabricated homes offer value, energy efficiency and upgraded amenities in an eco-friendly alternative to sticks and bricks.”

Read the full Article: Is the time right for a prefab home?

Call Phil Today! For Your Home Repair & Remodeling Needs 612-282-2269

Home, Basement, Kitchen & Bath Remodeling | Remodeling Services Provided

St Louis Park, MN. Contractor

Prefab homes offer value and upgraded amenities

Fuel Cell That Can Take You Off the Grid

Wayzata, MN. Room Addition.

Clear edge power system that make power cells. The Oregon based company raised $73.5 million funds and is aiming to corner the small fuel cell installation market. It aims at generating electrical power. It also generates heat which is useful for generating hot water. The Clear Edge system is priced approx $56000 and offers 5 KW of power.

“ClearEdge’s systems retail for $56,000 (before tax incentives and rebates) and offer five KW of power, though you can string multiple units together if you need more. Customers can expect to have the system pay for itself within five to eight years.”

See the full article: ClearEdge Wants To Put A Refrigerator-Sized Fuel Cell In Your House

Call Phil Today! For Your Home Repair & Remodeling Needs 612-282-2269

Our 10 Step Remodeling Process | Remodeling Services Provided

Wayzata, MN. Room Addition.

Fuel Cell That Can Take You Off the Grid

CFL vs. LED Bulbs

Plymouth, MN. Home Remodeling.

CFL and LED bulbs have become present standard for indoor lighting since they consume less energy than the old fashioned incandescent light bulbs. Although it is more expensive to install one, reputable LED bulbs can last five times longer than CFL bulbs. Still, experts advise that different consumers research on and make comparison on factors like color quality, heat output, and flicker persist before they make the best decision.

“Standard incandescent light bulbs are among the most profligate energy consumers available, turning more than 90% of the energy they consume into heat rather than light. These old-school bulbs are inexpensive and cast a pleasingly warm light, but their days are numbered.”

Read the Article: Are LEDs Worth Their Extra Cost?

Call Phil Today! For Your Home Repair & Remodeling Needs 612-282-2269

Our 10 Step Remodeling Process | Remodeling Services Provided

Plymouth, MN. Home Remodeling.

CFL vs. LED Bulbs

Maximizing Window Seats

Window seats can be used to jazz up a home, make it look more spacious, homey, or even more sophisticated. Use window seats to brighten up an unused area of the house, or even a new romantic corner, depending on what type of setup and the funding at your disposal. Picking the right window seat.

“Window seats are often carved out of seemingly leftover spaces, or they look like an afterthought, added to a scheme after everything else was decided, and the details don’t quite work. Many times, they are tucked away and only exist to provide additional storage or fill a space no one knows what to do with.”

Read the full article:

Call Phil Today! For Your Home Repair & Remodeling Needs 612-282-2269

Our 10 Step Remodeling Process | Remodeling Services Provided

Maple Grove, MN. Bathroom Remodeling.

Maximizing Window Seats

Celebs’ can’t sell: Take my mansion!

The housing market is bad for sellers right now, even for celebrities looking to sell their houses. Barry Manilow could not sell his beach front mansion for two years. Pierce Brosnan’s mansion that he and his family lived in for 15 year was on the market for six months and they dropped the price. Manny Ramirez’s Boston mansion was on the market for seven years while the price kept dropping. Hulk Hogan’s mansion was on the market for six years as he kept dropping the price when it wouldn’t sell. Billy Joel’s mansion was on the market for five years not selling.

“Having trouble unloading your house? Everywhere you look it seems there are more and more houses up for sale, but this might cheer you up — even big-name celebrities are struggling to sell their homes!”

Read full article: Celebs’ homes won’t sell: Take my mansion!

Celebs’ can’t sell: Take my mansion!

10 Most Toxic Cities in America

Maple Grove, MN. Bathroom Remodeling.

In this article they started with the 80 largest metropolitan areas with populations of half a million and up. Then averaged the rankings of air quality, water quality, Superfund sites, AQI and TRI data from the EPA. Should you consider packing up and moving? Not so fast, many of these cities haven’t had a single day high on the air quality index.

“Of course toxic chemicals have been linked to health problems from cancer to birth defects. But keep in mind that toxic substances are harmful only if you’re actually exposed to them.”

Read full article: America’s 10 Most Toxic Cities

Call Phil Today! For Your Home Repair & Remodeling Needs 612-282-2269

Our 10 Step Remodeling Process | Remodeling Services Provided

Maple Grove, MN. Bathroom Remodeling.

10 Most Toxic Cities in America

Honeywell’s New Home Wind Turbine

Hopkins, MN. Kitchen Remodeling Contractors.

New invention for green power enters the market today. The Honeywell Wind Turbine retails for approximately $5,795 without installation. The compact device is safe and reliable – but a little more than what some are considering spending. Savings, however, for the average consumer are approximately around $1,200 a year after installation which may provide incentive.

“measures six feet in diameter and is less than 185 pounds, and depending on where it is mounted, it can generate 1500kWh annually. But most impressively, the turbine is able to generate power for your home in wind as light as 2 miles per hour!”

Read full article: Honeywell’s Home Wind Turbine Goes on Sale Today!

Call Phil Today! For Your Home Repair & Remodeling Needs 612-282-2269

Our 10 Step Remodeling Process | Remodeling Services Provided

Hopkins, MN. Kitchen Remodeling Contractors.

Honeywell’s New Home Wind Turbine