deck chair

How to Landscape Your Deck without Spending a Fortune

You don’t have to spend so much in order to have a nice deck. You can take a little from your savings, and still get the perfect setting that will get others asking you for deck design tips. In this guide, you’ll see ideas that many people have implemented in their homes. It’s not only about their popularity, but about their beauty too.

Pallet Deck

Building a deck with pallets will make you exercise your creativity. The pallets can be arranged in any way. Chairs and tables can also be built with them. Such furniture will be included as part of the deck design, of course. The versatility of these materials cannot be overemphasized. Affordable pallets can be found online or in stores. You could paint them in any color you wish as long as they blend with the exterior of your home.

Floating Deck

A deck that floats? Well, it doesn’t float on water—that’s for sure. It simply means that the deck isn’t attached to the house. Floating decks save the homeowner a lot of money in terms of getting lumber frames. The deck would even be more captivating when you omit some of the panels. Any space created can be used to grow garden plants or apply decorative wood shaped in different ways.

Give Your Deck a Facelift

If you already have a deck, you can decide to make some significant changes to it. Painting or refinishing it is always a good idea. Redecorate it with new furniture and potted plants. Maybe a canopy would be great addition depending on how much money you can spare. How about throw pillows to add more life to the furniture? The deck will look as good as new once you effect a few of these changes.

Include a Daybed

Your deck doesn’t need too much when you think it’s time to make some changes. If it’s still looking good, but you feel it’s missing something, how about turning a section of it into a lounging area? Place a long cushion chair or bed on it, so you can have a place to fully relax in whenever you feel like staying outdoors.

Make a Gravel Patch to Offer Affordable Maintenance Options

Gravel patches can add to the beauty of your deck. Create a space for the patch and get it filled with clean gravel. Colored broken glass could be added to enhance the look of the patch. You see that new area you just developed? It would require little or no maintenance depending on future circumstances.

The decision to take a loan just to implement landscaping ideas might be too much. Try to avoid making such choices. Sometimes, having a simple design could go a long way. Thankfully, the tips given in this guide are enough to help you decide on smart, cost-effective, and aesthetically pleasing ideas for the deck.…

condominium building

Everything You Need to Know before Buying a Condo

A condo is a private living space that is typically located in a residential building or a community and is sold out to people. The short form of the word “condo” is condominium. Away from its definition, a condo is different from an apartment in the sense that it’s bought rather than rented. Although both are similar in structure.

Benefits of Owning a Condo

Having a condo to yourself comes with some benefits. Of course, every type of living space—be it an apartment, mansion, tower, penthouse, and so on have their pros and cons. For this section, we’ll highlight the pros of living in a condo.

  • It’s easier to sell a condo than a single home because of its appreciating popularity.
  • You don’t need to worry about maintenance issues like landscaping, repairs, and so on as long as you’re paying your dues to the management of the complex.
  • You can decide to get a condo in an area you visit once in a while (e.g. vacation periods).
  • You only need to insure the interior of your living space. This means low-cost insurance.

The following are important facts and questions you should keep in mind:

  • Know the legal implications
  • Are you taking a loan for it?
  • Understand the differences
  • Think about the costs and size
  • Can you pay the monthly or quarterly maintenance fees?

Know the Legal Implications

As a condo owner, you have to follow the rules and regulations of the complex or face legal actions. You could be asked to pay a fine or forced to comply by law.

Are You Taking a Loan for It?

If you want to buy a condo with a loan, then be prepared to face the difficulty in getting the money. Lenders are strict about loan qualifications for condos. It’s best to inquire from your local bank before making further plans.

Understand the Differences

Know the difference between living in a single-family home and residing in a condo. Do your research before you buy one. This is how you know if a condo suits your lifestyle or not.

Think about the Costs and Size

Condos generally cost less than single-family homes. This is because of their low-maintenance expenses. If you’re seriously considering affordability, then this kind of living space would be right for you. Also, it would be a choice building for those that want smaller settings when next they want to relocate.

Can You Pay the Monthly or Quarterly Maintenance Fees?

You don’t want to purchase one and ask yourself what you were thinking later on. As a condo owner, you’d have to settle periodical fees for maintenance, repairs, and so on. These expenses include the maintenance of the grounds, elevators, lobbies, pools, etc.

Apart from the payment of monthly fees that may prove to be a hassle later, owning a condo has other cons that you should learn about. For example: The periodical dues are subject to inflation and other factors that can cause increments. Also, the rules and regulations may be too strict for you to handle. Are you sure you’re ready for this?…

counting money

5 Ways To Fund a Renovation

Renovating your home doesn’t only require a lot of energy but also funds. You might have always waited for the right time to remodel your home, and it’s here. But if you don’t have sufficient funds, you won’t be able to support your dream home makeover. 

You don’t always have to settle for the place that you are living in. There are a few ways to fund your renovation project and transform your house into your dream home. We have a few ways to fund a renovation. Let’s look into them one by one.

Home Equity Loan

It is the most common and widely adopted method to borrow money for renovation. A home equity loan provides funds against the present value of your house without any remodeling. Under this, you can borrow up to 80% of the value of your home if you own it completely. Once you renovate your house, the price of your property may go up considerably.

Credit Card

Credit cards are a great way to finance your renovation project if you need only a small amount of money. If you borrow funds under a credit card, you can pay them off at the end of the month. Some banks also issue credit at a 0% interest rate, which you can repay over a year through monthly installments. Hence, if the amount required is not that big, utilizing a credit card would be a win for you.

Secured Loan

Secured loans are associated with your collateral like property or vehicle. While secure loans are flexible and have a low rate of interest, they risk your possessions. If you need a higher amount of money to support your project, you can avail of it through secured loans. In such cases, you can also decide your monthly installments as per your capacity. 

Use Your Savings

Though saving takes up a lot of time, it is one of the most common and safest ways to support your home renovation project. If you can cut your expenses or keep a check on your spending, you may save a lot of money. If you finance your renovation by using up your savings, you will have a clear budget, and hence you won’t overspend unnecessarily. 

Homeowner Mortgage

If you wish to transform your home completely, this is one of the best options you could go for. You can borrow up to 90% of the value of your house, and avail the benefits of the mortgage rates. The mortgage rates are often less than the personal loan and the credit card interest rates. You can also go for cash-out refinance if you have enough equity in your home.

Before starting with the renovation project, think of how the money spent will increase the value of your possessions. Enhance your property in such a way that it appeals to potential buyers, and you may sell your house at a higher price. Whether you borrow money from the bank or use up your savings to remodel your home. Make sure that you avail great returns on investment.…