Expect

The Tech Solutions Buyers Barely Know They Expect From New Homes

To Wall Street and many home builders, their business is moving units, turning inventory, generating margins of return on invested capital. To a strong, deep, and seemingly enduring stream of buyers, those teeming transactions are something else: home, livability, well-being, a place to prosper.

New home buyers are ante-ing up in droves to solve a three-part life riddle right now. Pandemic, economic, social, and political turmoil continue to wreak unrelenting havoc on the zeitgeist, spread fear, and dim the horizon. The problem buyers are so keen to solve draws off three classic coordinates: Price. Product. Location. Maybe or maybe not in that order. New home builders, as it turns out, do price, product, and location like it’s nobody else’s business. It’s their stock and trade, and they’re doing it at capacity and velocity levels they’ve hardly even tried to achieve in 15 years.

The best news for builders selling their new home offerings as fast as they can produce them is that—in admirably quick response to the onset of pandemic shut-downs and safety protocols—they deftly got out of their own way in the “buyer’s journey’s” leg, from serious interest to the [mostly virtual] settlement table. Technology, user-experience, data-channeling, mortgage qualification and approval, and process re-engineering removed—in a flash—pain, time, and confusion from home buying, adding personalization and a meaningful sense of care to the experience. When they had to get better at selling, they did in a jiffy, and they’re

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Expect your home remodeling to ‘cost 50% more and take 50% longer,’ says finance expert

So you’re thinking about doing a major home renovation. You’ve been stuck indoors since the pandemic — and you plan to be for a while longer. So why not put some money into making it look nicer?

If you’ve never remodeled your home before, getting through the process can be a complete nightmare. I’ve been through four projects, and none of them were pleasant. But, after the first two, I finally wisened up to the game that some general contractors play to extract as much money from homeowners as possible.

Here’s what I learned from all my painful, exhausting and costly experiences:

1. It will cost more than expected.

Competition is fierce, so a contractor might initially offer an attractive price just to beat out all the other bids. Their goal is to get you to sign the contract. Once you’re locked in, they can upsell you with add-ons.

If you’re already $100,000 deep and three months into bathroom and kitchen work, you probably won’t balk at a $3,000 recessed lighting project. And since the walls are now open, what’s another $2,000 for an electric car charger?

To protect your mental health, expect everything to cost 50% more and take 50% longer.

Also, as your contractor gets further into the project, he or she might point out “unforeseen” problems that require more work. The additional fees may be legit, but some unscrupulous contractors will often find excuses to jack up the price.

Don’t rush into anything. Do your research, get multiple bids, and be willing to walk away. Be as detailed as possible when drawing up the contract regarding costs, time, materials and work.

2. It will take longer than expected.

Two classic lines you may hear from your contractor if they’re lagging on time: “This project is costing me

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Choosing the Right Roofing Contractor and What to Expect

Getting a new roof is a very important improvement on a home. The new roof is an investment and will up the value to your home. What should you expect when you search for a roofing contractor that will be on your roofing ripping old shingles off and applying new shingles? Not all contractors have the same ethics nor do they have the same policy. Be careful when you choose a roofing company, you will need one that guarantees a nice clean job and gives you a labor warranty. Three key items to look for while you search for a roofing contractor is: the roofers guarantee on garbage and cleaning the area, the roofers warranty on the new roof, and the roofers experience/referrals.

First, let’s talk about the roofers guarantee. Roofing contractors might say they clean up after themselves, but that could just mean they clean up their pop can and throw away their lunch garbage. You want to make sure you find in writing that they clean up the nails, excess shingle garbage, and other debris that may have fallen off of your roof while they wreak havoc on your roof. The last thing you want is your baby who just started walking to have a small nail prick through their foot. They probably will regress and never want to walk on grass again.

Second, the roofers warranty on the new roof is an extremely important topic when it comes to choosing a roofing contractor. When you look for a warranty you want to make sure the company backs it up. You want to make sure you know what you are receiving if the service goes bad or something happens. You will want to make sure that you choose a roofing company that states they have at least a …

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