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12 Jul 2019
By 24hr Mortgage

4 Times When Laminate Flooring Is Better Than Hardwood

Real Estate, ,
Hardwood flooring is considered a premium flooring material. It's natural, long-lasting, durable and comes in a wide assortment of colors, wood, stains and plank widths. But hardwood flooring isn't always the best choice. If you're looking at homes to buy and eliminating the ones with laminate flooring, you could be overlooking some important considerations. Following are four times when laminate flooring is a better option than hardwood. 1. You Live In A Very Humid Climate Excess humidity isn't kind to hardwood floors. Wood is hygroscopic, which means it absorbs moisture from the surroundings. Too much moisture in the air can…
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11 Jul 2019
By 24hr Mortgage

Making Money Buying Homes And More From Estate Sales

Real Estate, ,
An estate sale is the sale of the property owned by a person after a person dies. This sale may include real property, such as a home, and personal property, such as the home's contents. There are two ways to buy property through an estate sale. One way is to buy it from the person who inherited the property. The other way is to buy it from the estate through the executor of the estate. The executor is the person with the legal authority to dispose of the estate's assets according to the last will and testament of the person…
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10 Jul 2019
By 24hr Mortgage

3D Printing Used For Home Renovations And Construction

Real Estate, ,
3D printing technology is a game-changer in the home construction business. Not only is the technology capable of printing a home, but it can also be used to print one at a much lower cost when compared to traditional home construction. All3DP reports on homes printed using 3D technology that costs as little as $4,000 to $10,000. Some are ready for occupancy within 24 hours. The $4,000 Home A company in Texas, called ICON, is working with NewStoryCharity.org to create 3D-printed homes at an extremely low cost. New Story Charity builds simple homes in other countries, like Haiti and El…
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09 Jul 2019
By 24hr Mortgage

Rent-To-Own Opportunities For Those With Bad Credit

Real Estate, ,
For those who have less than a stellar credit history; yet, who still want to have their own home, a rent-to-own option is worth considering. A rent-to-own (RTO) agreement is a hybrid between buying a home and renting a home. Usually, RTO deals require a significant down payment that applies towards the home purchase. An RTO tenant/buyer gets the option to buy the home for a certain price at some date in the future. The down payment is lost if a tenant/buyer does not go forward with the home purchase. Another common characteristic of RTO deals is that a portion…
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08 Jul 2019
By 24hr Mortgage

What’s Ahead For Mortgage Rates This Week – July 8th, 2019

Financial Reports, ,
Last week's scheduled economic news included readings on construction spending and reports on public and private sector  jobs. Monthly readings for public and private sector jobs and the national unemployment rate were released along with weekly reports on mortgage rates and initial jobless claims. Construction Spending Dips in May May construction spending fell to a seasonally-adjusted annual rate of 0.80 percent growth at a pace of $1.3 trillion as compared to April's reading, which was adjusted to 0.40 percent growth after reports of a flat reading. Year-over-year construction spending  was 2.30 percent lower in May.   High materials costs and…
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05 Jul 2019
By 24hr Mortgage

How Color Can Affect Your Home and Psyche

Real Estate, ,
Are you dreaming in color of your future new home? You probably can't wait to get your hands on a paintbrush and a bucket of beautiful new paint. But how will you choose the colors to decorate your new home? If you've been to a paint store recently, you know there are thousands upon thousands of shades to choose from. Choose wisely, because color can affect your home and psyche. Shades of Purple Whether you call it purple or eggplant or violet or plum, purple evokes feelings of warmth and vitality in a home. The dustier shades of plum are…
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