Refinancing for the Recently Divorced

Divorce happens. And whether you’re consciously uncoupling or unceremoniously ending a failing relationship, splitting up for good can be a long and emotionally draining period wrought with legal fees and endless paperwork. On top of all that, there’s the tricky issue of dividing up shared property.

Your marital home is likely the most significant asset you and your partner own together. While many couples agree to sell the home and share the profits when they split, sometimes one partner buys out the other. But solo homeownership can be challenging—and that’s where considering a refinance of your mortgage comes in.

Keep in mind that refinancing requires taking out a new home loan, which means you’ll have to meet eligibility requirements before you’re approved. And though you and your partner may have sailed through a loan approval when jointly buying your home, the process can be different when you’re single.

So here’s what you need to know about refinancing your mortgage when you end a relationship.

Many Underestimate These Home Improvement Costs

First-time homebuyers may assume that once they purchase their home—an expensive feat these days—they are done bleeding money. However, they may not be properly budgeting for common home improvement projects, which can be substantial.

Many Americans are underestimating the price of many popular home improvement and maintenance projects, such as installing new windows, doing the landscaping, and painting the interiors.

Read more HERE.

5 Types of Clutter

No matter how organized you are, there are certain types of clutter that are almost impossible to purge—even for professional organizers.

Often these are dark, less-trafficked areas of the home such as attics, basements, or garages. Decluttering these spots often falls dead last on everyone’s to-do list, and even the experts often let these messes slide.

Still, cleaning up these last holdouts can be particularly satisfying since it’s a sign you truly have your house in order. And if you’re hoping to sell your home soon, it’s a must. Curious where these clutter traps are hiding?

Here are a few that you (and even professional organizers) may have, and how to purge them for good.

Tune Up Your Kitchen for the Holidays

The months of what seem like nonstop cooking and hosting are upon us. That means your kitchen will not only be the center of major food prep but also the spot where guests will want to chat and hang out with you—even if you’re covered in flour, or worse.

So what better time than the present to remake your kitchen into something more functional, and far more fabulous? Check out this roundup of hot modern looks that will ensure your kitchen sees a happy and merry holiday season.

Least Popular Decorating Colors

America’s least desired colors for home decoration: orange and pink. This is the result of a survey of more than 1,500 consumers by Modsy, an online interior design service. More than a third of survey respondents ranked these two colors as their least favorite, Apartment Therapy reports on the findings.

Purple and yellow also were low on the popularity list of consumers using them in home design. However, people who did use these colors tended to report positive associations with the space they live in, the report notes.

Overall, homeowners favored the color blue in home decoration, often attributing a calming effect to the color, according to the Modsy survey. The top five favorite colors to use in home decor are white, green, black, and brown.

Read more about color trends in a home HERE.

How to Clean Refrigerator Coils and Why You Need to Do It Today

Do you know how to clean refrigerator coils? Yes, we said the coils; not just the shelves on the inside.

There’s more to cleaning a refrigerator than just throwing out 2-week-old potato salad. To keep your fridge running cold without gobbling up tons of electricity, you need to also know how to clean the refrigerator coils—those long tubes snaking along the bottom or back of your fridge. It’s more important than you might think.

Read more HERE.

What Fixes Are Mandatory After a Home Inspection?

If you’re selling your home, you might wonder if there are common repairs needed after a home inspection. Most buyers, after all, won’t commit to purchasing a place until there’s been a thorough inspection by a home inspector—and rest assured, if there are problems, this professional will find them!

So if your home inspection turns up flaws that your home buyer wants fixed, what then? To be sure, repair requests after an inspection are a hassle, and liable to cut into your profits. So for starters, make sure to read your inspection contract carefully to make sure you don’t get locked into mending something you don’t want to fix.

Read more HERE

Thinking of Converting Your Garage Into Living Space?

You love your home, but space wise, you’re bursting at the seams. Building an extension seems daunting, but moving out of your fabulous neighborhood is off the table. Hmm … you do have that two-car garage; perhaps you should convert it into a kids’ playroom, an office or gym for you, or even an in-law suite.

But before you transform this area, think about how a garage conversion will affect resale down the road. Nearly 30% of shoppers rate a garage as one of the most important home features, just ahead of an updated kitchen and open floor plan, according to a recent realtor.com® survey.

Read more HERE.

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