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<< News >>

National News

Sunday, 24 August, 2008 0:36 AM

There is Hope for Improving or Replacing Your Home In The Current Market!

5 Tips on How to Save 20% - 40% of Your Costs

Photo courtesy of www.lasvegasbuyeragent.com

 

Many people feel they are “stuck” with their home due to the housing market. They want to improve it, expand it, update it, or even replace it with a new home. Is there a way to save thousands on the project? Can it increase the value of the home, or make it more livable? Professional Project Manager, and author of the new book "Contract It Yourself" ( www.contractityourself.com ), Kevin Nixon offers 5 tips to make remodeling or rebuilding a home cost-effective.

1. Be the Contractor/Project Supervisor Yourself. You don’t have to hire a professional; you can wear that important hat yourself. For example, in a $300,000 project, you can save the $60,000 to $120,000 you would pay a contractor.

2. Use the Building Department to Prevent Costly Mistakes. The Building Department will verify plans, give advice on every aspect of the building or remodeling job and make sure you are not violating codes – all before you invest a dime. These City or County employees know the requirements of a potential project cold. Have them review a sketch outlining your plan. If you are building, you can check on the legal use of the land you want to purchase, zoning, etc. Once you have approval on a basic plan, it is easy to get a draftsman’s or architect’s drawing to execute the project and obtain the permits to start your job!

3. Use Licensed, Bonded and Insured Contractors. While you supervise the job, you need professional sub-contractors to do the actual work. NEVER skimp with an unlicensed non-professional. You need pros to get the results you want, and to meet requirements of your lender. Your lender will also advise of any other requirements you must meet to keep your lender happy and funds flowing.

4. Work Out a Timeline and Budget for Each Step of the Project. Outline each step you or the “sub” will take, in what sequence and how much time & money is planned for each part of the job. Lining up your sub-contractors and overseeing how they are progressing on the timeline helps you eliminate long waiting periods, missing steps, or overlapping sequences. Be sure to include scheduling inspections; those all-important officials can stop your work or help you keep it flowing.

5. Purchase Your Own Materials. You can save hundreds, even thousands of dollars with this tip, while keeping to the quality you desire. This does not mean buying lumber or other building items best left to the sub-contractor. Picking out and directly purchasing appliances, fixtures, flooring and such can save a bundle. Watch for sales; buy seasonal items early; use “scratch and dent” when flaws won’t show. With these simple steps you can find high-end goods at tract housing prices.

As Nixon says, “By acting as your own construction manager you can save thousands of dollars without driving a single nail! It is simple and requires no previous construction experience. If you have basic organizational skills and the willingness to save a huge amount of cash – you can!”

About Kevin Nixon

Nixon has been in the construction business since he started painting apartments after school at age 13! He has been employed full-time in construction since 1983, starting as a carpenter, eventually learning every area of the industry. He has owned his own remodeling business, and is currently a Project Manager in Arizona.

Nixon’s book is available at www.contractityourself.com.

Source: News and Experts

 

 

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AMERICAJR NETWORK :: COACH'S CORNER PRO SHOP :: SAND CREEK RECORDS :: LIFE MADE EASY