Avoid

How to Avoid Common and Costly Renovation Mistakes

By Elizabeth Renter

Many of us are spending more time at home in 2020, which could mean having more time to take on home improvement projects. But home renovations aren’t just a way to fill time; you want the results to be worth the hard work. The key to any successful project lies in careful planning — including financial strategizing — long before the power tools come out.

Roughly 3 in 5 American homeowners (61%) have taken on home improvement projects since March 1, 2020, spending $6,438, on average, according to an August 18-20 NerdWallet survey conducted online by The Harris Poll among 1,414 homeowners.

Whether you’re outfitting your home with a new office or classroom, or taking on long-intended improvements such as painting or installing new flooring, here are five tips to help you make sure you’re heading into the right project, the right way.

1. Consider Return on Investment

Any project may be worth your time if doing it makes you happy, but if you plan to sell your home soon, make sure you focus on projects that give a good return on your money. Many renovations cost thousands of dollars but won’t increase the value of your home by the same amount.

For example, it costs about $50,000 to add a new bathroom, but homeowners typically recoup only about 54% of the cost in increased home value, according to Remodeling Magazine’s 2020 Cost vs. Value Report. A minor kitchen remodel, on the other hand, returns about 78% of its cost, so that type of project might make more sense.

Consider calling local real estate agents to ask them about the return you might receive from a home renovation project. Some local markets or neighborhoods may reward certain upgrades more than others.

2. Create a Budget

You don’t

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6 Ways to Avoid Costly Home Renovation Mistakes

Many of us are spending more time at home in 2020, which could mean having more time to take on home improvement projects. But home renovations aren’t just a way to fill time; you want the results to be worth the hard work. The key to any successful project lies in careful planning — including financial strategizing — long before the power tools come out.



a man standing in front of a window: Make sure you're heading into home improvement projects the right way.


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Make sure you’re heading into home improvement projects the right way.

Roughly 3 in 5 American homeowners (61%) have taken on home improvement projects since March 1, 2020, spending $6,438, on average, according to an August 18-20 NerdWallet survey conducted online by The Harris Poll among 1,414 homeowners.

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Whether you’re outfitting your home with a new office or classroom, or taking on long-intended improvements such as painting or installing new flooring, here are five tips to help you make sure you’re heading into the right project, the right way.

1. Consider return on investment

Any project may be worth your time if doing it makes you happy, but if you plan to sell your home soon, make sure you focus on projects that give a good return on your money. Many renovations cost thousands of dollars but won’t increase the value of your home by the same amount.

For example, it costs about $50,000 to add a new bathroom, but homeowners typically recoup only about 54% of the cost in increased home value, according to Remodeling Magazine’s 2020 Cost vs. Value Report. A minor kitchen remodel, on the other hand, returns about 78% of its cost, so that type of project might make more sense.

Consider calling local real estate agents to ask them about the return you might receive from a home renovation project. Some local markets or neighborhoods

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Mistakes to Avoid When Hiring Roofing Contractors

When it comes to an area like Houston, Texas that face hurricanes on a regular basis, you’re likely to find a wide selection of roofing contractors- it’s a much needed service. However, with so many companies available, you’re likely to run into one who can’t be trusted. Make sure you avoid these mistakes when hiring roofing contractors.

1. Not reading the contract before you sign it- The purpose of a contract is to ensure that both parties abide by the set rules. The roofer wants to make sure he gets paid when he does the work. Seems fair enough, right? Well, in the roofing business, not all contracts are created equally. While some roofing contractors just want guaranteed payment, those with less integrity may try to really stick it to you with some outrageous things thrown into the contract. With that in mind, read the contract thoroughly before you sign it. And whatever you do, save your copy.

2. Not checking the Better Business Bureau website- When you visit the Better Business Bureau’s website, in large, bold letters you see, “Start with trust.” There’s truth behind the slogan. Before you sign any contracts or give the green light for a group of roofing contractors to begin work, make sure they are a BBB member. If they’re a member, that means they’re governed by a higher authority and they can show proof of customer satisfaction. Read the reviews and see if any customers have filed complaints. If they are free of complaint, you’ve probably found reputable roofing contractors.

3. Not checking references- Even if you’ve checked the BBB site, you still should request a list of references. Since you don’t want to leave any stone unturned when searching for roofing contractors, calling references could turn up a dissatisfied customer who didn’t …

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How to Avoid Fraudulent Towing Contractors

Towing contractors or companies are responsible for providing safe and secure roadside assistance to people who got stuck in the middle of a road. It is a valuable and noble profession as workers associated with this profession rescue people whose vehicle broke down or damaged in an accident. It is absolutely a legitimate business by all means. However, unethical practices, in form of extra charges and inconvenience, turn towing companies into scams. Consequently, people end up with a horrible towing experience and they lose their faith in paid roadside assistance.

We see all kind of vehicles, from small cars to extra heavy trucks, on roads. It is true that roads are busy places prone to accidents and people need honest towing professionals to fix their roadside problems. Some of the common towing scams include:

  • In some cases, a scam towing company would simply park a vehicle at some private property and does not release it until the owner of vehicle pay inflated charges.
  • Some towing contractors work closely with body shops that pay them for towing wrecked vehicles directly to their shops. It is a very common scam that most of the innocent people face. Your vehicle should be towed to a repair shop of your own choice.
  • Sometimes, unauthorized towing experts, with fake documents and names, successfully convince people with their sweet marketing style that they would tow their vehicle safely to a repair shop and people never see their vehicle again.

How to detect scammers?

It is not very difficult to tell whether or not a towing contractors is honest and trustworthy. Here are some of the safety tips that can be followed before hiring a towing company.

  • Make sure you check all the important documents that may include insurance paper, license, and supporting papers that establish the
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How to Avoid a Remodeling Contractor Nightmare

While home remodeling can be done during any time of the year, spring and summer are the most popular. Consequently, it is a time when home owners need to be extra cautious about rushing into a home reconstruction project. Why? Because it is a time when unscrupulous contractors will take advantage of the unsuspecting homeowner who does do their homework.

Just a quick perusal of the Internet will result in hundreds of contractor remodeling project nightmares. But you don't have to be a victim. Use the following tips to be sure you are one of the thousands of home remodeling success stories.

1. Determine whether or not it would be beneficial to move out of your home during the remodel or if staying put won't create a problem. Depending on the type of remodel, this could be the difference between stress or no stress. Think about the area to be remodeled, the duration of the project and how much of your family's routine will be affected, then decided.

2. Talk to several people to learn what contractors, architects, designers and any specialist they recommend. Get as much information form people – especially those who were not satisfied- to determine if you will be able to work with a specific professional.

3. Meet with the prospective companies and explain to them what you envision. If at all possible, have artist or architectural renderings for them to look it. Listen to what they have to say, but be sure that they understand what you want to accomplish based on the budget you have to spend.

4. Don't try to be your own general contractor. Hire one you can trust and then take time to work with them. Let them know your budget, timeline, style, and any other non-negotiable elements of the job. …

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