Remodel Tampa Bay Spring/Summer 2015
Remodel is the Official Publication of The Tampa Bay Area Chapter of The National Association of the Remodeling Industry (NARI).
Remodel is the Official Publication of The Tampa Bay Area Chapter of The National Association of the Remodeling Industry (NARI).
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Sell and Buy<br />
If you were to sell your home and<br />
buy another one, what is available?<br />
What area will you move to and<br />
when you find something and<br />
does it need to be remodeled too?<br />
Remember the 3 L’s of real estate<br />
- Location, Location, Location.<br />
Find your location, then see if you<br />
can find a home. In the two past<br />
years Buyer demand for a nice<br />
home has continued to increase<br />
and inventory has continued to<br />
decrease. Jump on realtor.com and<br />
look at what options you have for<br />
buying in the price point that works<br />
for you. TIP: Contact your Lender<br />
and find out how much you qualify<br />
for if you were to buy, build or need<br />
home-equity for a remodel project.<br />
From personal experience, if<br />
you are ready for something new<br />
and are considering remodeling,<br />
none of the homes you find<br />
will meet your needs. Most<br />
homes you find will need to be<br />
remodeled. You may find a home<br />
that has already been remodeled<br />
which means you are buying<br />
someone else’s equity and the spaces are probably not exactly how<br />
you would have done them.<br />
The remodel path starts creating spaces that are custom to you<br />
and your home needs. It is not likely that you will find another house<br />
that meets those custom needs. Either way you will end up with a<br />
project on your hands. Your NARI contractor will be your best friend<br />
as you go through your choices. Make sure you are consulting with<br />
the professionals to help you make the best decision for you and<br />
your lifestyle.<br />
Build New<br />
Maybe the right home for you is not out there and you want to build<br />
new. Where will you build? Do you have the time for new construction?<br />
What will it costs? And most importantly, where will you live while it is<br />
being built? New home construction might take 9 months to 2 years<br />
depending on many factors. The process will also be demanding on<br />
the home owner’s time. TIP: Make sure you have the time and patience<br />
to build a new home, especially a custom home. Consider the fact<br />
that land options in the best areas are very limited if any at all. When<br />
choosing a specific area with limited land options, the alternative is<br />
to purchase of an existing home, do a tear down and then build new<br />
construction.<br />
Buying of a home for most of us is the biggest purchase decision<br />
we make in our lives. Take time to make the decisions that best fit your<br />
family and lifestyle and consult with trusted professionals to help make<br />
your decision process a little easier.<br />
<strong>Spring</strong> | <strong>Summer</strong> <strong>2015</strong><br />
<strong>Remodel</strong> <strong>Tampa</strong> <strong>Bay</strong> 33
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