Colorado house renovations services? Renovating a tired, unloved property into a fresh and desirable home can be a hugely rewarding experience. But unlike self building from scratch, renovation projects do not start with a blank sheet of paper and therefore offers a number of complexities and challenges. In reality, it’s all too easy to make innocent mistakes and find yourself lumbered with a bottomless money-pit, bogged down in stressful disputes, or living in a half finished bomb site. Here we’ve listed 25 common pitfalls so that you can avoid them.
The most important of my home renovation tips is this: your contract should outline the schedule of which the project will be completed and at what point draws will be made. ‘Draws’ is the term for financial payments that the homeowner makes to the contractor usually in percentage form. So for example: weeks 2 & 3 will be for demolition, installation of the framing, base work for the hardwood floors, and wiring for the electrician. 10% draw. From the very beginning, you need to stick to the draw schedule to the T. Let the contractor know that any single delay any of the line items means a delay of payment. Contractors will often tell you that they need more money to finish a certain section but that makes for a slippery slope. Trust me.
Once you select a lender, you should speak with a loan officer as quickly as possible. At this point, there is one thing you should know. Pre-qualifying means absolutely nothing. All pre-qualifying does is determine the amount of the loan you could qualify for based on factors such as your credit, salary, etc. It does not guarantee that a lender will actually loan you the money. It’s more important to get PRE-APPROVED. Pre-approval means that your application has been submitted to a lender who is willing to extend you a specific loan amount, pending a property and appraisal. Being pre-approved lets you know that you won’t be denied for a loan, and it also provides you with leverage to negotiate the purchase price of a home with the seller.
To build world-class real-estate concepts with the highest standards of professionalism, ethics, and quality. To improve customer experiences through constant innovation and understanding, with a focus on affordability. To exceed the expectations of our customers through innovative and world class solutions and become a benchmark for quality in every Project we are into and to contribute significantly to building the new houses and renovations. Discover even more details at Flooring Colorado Springs.
It can be tough to find a floor solution that stands the test of time whole being chemical, spills and stain resistant. Almost every type of flooring has some disadvantage or the other. And that’s one of the reasons as to why having stable shoes for walking on concrete is very important. An excellent choice for a variety of needs, epoxy floors seem to have fewer drawbacks and more benefits.
We can even fix basement water issues, cracked drywall, bowing or cracked foundation walls to prepare them for the new finishes you want in the basement. Is there another company in Colorado Springs or the Front Range that will do that?
A car Garage Addition can add a lot of value to your home. There is the obvious space of parking your car, but you can also use it for additional storage. Don’t let your main Garage become crowded Garage Additions or Third Car. Phoenix Constructions will guide you better om Remodeling or Additions. You too will be amazed at how much easier life can be when a little extra space is added to your home. So go ahead, call us/schedule today. We are happy to provide you with absolutely the best service and quality for all of your home improvement needs. See additional information at https://phxgc.com/.
