(ARA) - With the downturn in the economy over the past two years, hundreds of thousands of homes have gone into foreclosure, offering a unique, once-in-a-lifetime opportunity for many Americans to buy a home at an unheard of price, sometimes 30 percent or more off the most recent sale price.
Buying a home is always a challenge. Buying a foreclosed home presents unique challenges, however. You need to be willing to hunt, put up with lenders who offer surprisingly little information about the properties they've taken back, real estate agents who have little experience or incentive in selling foreclosed homes, and loan officers who demand nearly perfect credit ratings to obtain a loan in today's tight-fisted market.
(ARA) - Want a new bathroom, but think the price tag might be out of your budget? Don't give up so easily. Many simple updates and unique products can give you a custom-designed look on a bare-minimum budget.
"Consumers today are looking to 'remodel lite'- that is, refresh a room with only a few items and with a minimal investment," says Jack Suvak, director of market research and insights at Moen. "But at the same time, they want their home improvement project to make a significant impact on their home, in terms of both style and functionality."
To avoid becoming overwhelmed, break your bathroom up into smaller sections and projects. By thinking of your space in these smaller sections, goals will become more attainable.
(ARA) - In today's challenging economy, you're taking a look at how you spend your hard-earned dollars. And while you may not have the necessary budget to tackle a major home improvement project, there are many homeowners who are choosing a more strategic approach to remodeling - by refreshing rooms and undertaking small projects one at a time.
This new methodology toward the do-it-yourself (DIY) movement is something that is quickly growing, goes beyond quick fixes and simple decor updates and actually involves a completely new mindset.
Read more: A strategic approach to remodeling: refreshing rooms with small projects
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