Ready to Renovate? The Rehabbers’ Guide to 203(k) Loans

Tight-fisted lenders have made home equity loans harder to come by. So what’s a fixer-upper to do? Meet the 203(k) loan. Lenders’ weak stomach for extending credit doesn’t have to sour your upgrade dreams. The old but new again FHA 203(k) loan rolls remodeling and mortgage costs together, whether you’re buying or refinancing an existing.. read more →

Why Seller’s Remorse Is So Common, and What to Do About It Thinking of selling your home and worried you’ll regret it? Here’s how to cope.

Selling your house can be scary: It’s been your home, where you’ve lived and made memories. Chances are good it’s your most important asset and your biggest investment so far. Wrestling with the emotional heft of putting your home on the market is a difficult byproduct of real estate — but once a closing date.. read more →

Buying a Fixer-Upper: Is It Worth It? How to Tell

Here’s how that sad-looking house can be a wealth-builder. In 2012, Alessandra Pollina and her husband, Ondre, were looking for a property that would need no more than some cosmetic changes and upgrades. But because the price was right, they ended up with the ultimate fixer-upper: a two unit, single-family-style home that was already gutted.. read more →

5 Success Tips to Incorporate in Your Home Buying Plan

Planning to Buy? Got a Plan for What Comes After? 5 questions help you look ahead to home ownership. Buying a home comes with a huge financial stake, a lot of responsibility, and even more fine print. While investing in this aspect of the American dream is exciting, it’s important to reflect on your current.. read more →

Don’t Be One of Those Homeowners Who Goes Over Budget on a Renovation

Image: Libby Walker for HouseLogic ‘Home renovations on a budget’ isn’t an oxymoron. It can be done with these 5 tips. When Kelly Whalen demolished her built-in bookshelves as part of a living room DIY, she found it gave the room some much-needed space. Unfortunately, she also found a hidden subfloor made from asbestos(!) tiles… read more →

4 Ways to Avoid DIY Mistakes — From a DIYer Who’s Made Them All

  For Lucas Hall, finding that answer has been trial and error. As a “DIY landlord” for more than two years and founder of Landlordology, an online resource for landlords, he’s gutted three homes and renovated countless others. “I’m just handy enough to be dangerous,” Hall says. He’s suffered more than his fair share of.. read more →

Evaluate Your House for a Garage Addition

When planning a garage addition, you’ll need to consider size, siting, access, and how the garage relates to the architecture of the house. Maybe you’re tired of getting drenched as you dash to your car on stormy days. Or you dream about having more space for storage, a workshop, a home gym, a kids’ play.. read more →

What to Do With a Tax Refund: 3 Ideas That’ll Practically Double Your Money If You’re a Homeowner

If this year is anything like the last, almost 7.2 million Americans will get a tax refund this spring averaging around $3,000. If you’re a homeowner getting this refund, you’re fortunate because you’ve got more creative ways to invest it for a profit. Doesn’t matter if you’re selling, staying put, or stuck in the middle… read more →

Don’t Panic! You CAN Do Your Taxes Error-Free. Here’s How

Getting a bit queasy as tax time nears? Worried about making mistakes or missing out on a deduction — especially if this is your first time itemizing? Unless you’re a CPA, it can be easy to miss deductions, or worse: raise a red flag with the IRS because you got deduction happy. Here are the.. read more →

5 Good Reasons to Amend Your Tax Return — and How

Your home is a great source of tax savings if you know what qualifies and don’t forget to claim deductions and credits. If you missed any of these five, you can go back in time — roughly two to three years — by amending your tax return. (Read more nitpicky details in How to Amend.. read more →