Month: April 2017

Here’s how to tap into your home’s not-so-hidden potential

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(BPT) – Your most valuable asset is around you all the time. It’s above you, it’s below you and in many cases you don’t realize how much it can do for you.

According to the Urban Institute in Washington, D.C., “Americans have a staggering amount of untapped equity in their homes.” How much? Altogether, $11,030,000,000,000. That’s 11 trillion, 30 billion dollars.

Yet despite this huge wealth possessed by homeowners, using it isn’t as simple as writing a check. You have to capitalize on your home’s equity.

What Is Home Equity?

Your home’s equity represents the difference between its current market value and the money that you owe on it.

Let’s say, for example, your home has a market value of $200,000, you made a down payment of $40,000 and you took out a $160,000 mortgage. At that point your equity is $40,000. You can always calculate this number by taking your home’s initial price and subtracting the amount you still owe.

Now, let’s say 10 years later you have paid off $60,000 of your $160,000 mortgage. At this point you still owe $100,000 on your home’s initial price of $200,000 so your equity is $100,000, assuming the home’s value has remained the same.

A little at a time

Each month when you make a mortgage payment, some of your money goes toward interest, some goes toward real estate taxes and homeowner’s insurance (if the lender is collecting for these and making the payments on your behalf), and some goes toward paying off the mortgage itself. This last portion grows your equity because it subtracts from the amount you still owe.

Your home equity can also grow if your home increases in value because the amount you still owe has not changed. A rise in value may be due to increased home prices in your area and/or improvements you make to the home.

Market home prices may rise and fall from one year to the next but given enough time, most real estate tends to increase in value. For example, current economic forecasts from CoreLogic project a 4.8 percent increase in home prices year over year in 2017.

Gaining access to your equity

Now that you understand what equity is and how much equity you have, your next question may be “How do I use it?”

Your first step is to contact a knowledgeable mortgage professional. They will be able to answer your questions as well as show you loans that use your home as collateral. You’ll want to do your research to determine which type of loan is best for you. You should also take the time to compare interest rates, offers and loan features.

And if you are age 62 or older, you are also eligible for additional home equity options such as a Home Equity Conversion Mortgage (HECM), which is an FHA-insured Reverse Mortgage loan. This loan may be taken as a lump sum, a line of credit, through fixed monthly payments or a combination and the loan can never be frozen or reduced.

The equity in your home empowers you with several financing options and the specifics of each loan may vary from lender to lender, so ask questions and do your own research. Once you understand all your options you’ll be able to determine which loan offering allows you to make the most of your most valuable asset.

To learn about HECM Reverse Mortgage loans and other special home-equity options available to homeowners 62 and older, visit www.reversemortgage.org/HomeEquity.

Transform your backyard with a paver patio

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(BPT) – As the natural extension of a home’s interior, making sure the backyard is an attractive and functional exterior space for entertaining family and friends is important to many homeowners. Described by some as an outdoor room, it requires as much thought, creativity and commitment to design a backyard living area as it does the rest of a house. Following that logic, a paver patio is an ideal focal point for building a beautiful outdoor living area. It literally serves as a blank canvas for benches, fire pits, fireplaces, water fountains, grills and other outdoor features.

While other materials can be used to construct a patio, concrete pavers are strong, durable and extremely versatile. In fact, homeowners can choose from hundreds of styles, sizes, shapes, colors and textures from a single manufacturer like Pavestone. With such a wide array of options, pavers give homeowners the ability to coordinate the patio to match the look and feel of their home in an outdoor living space that will be the envy of neighbors.

Steps for installing a paver patio.

Wearing eye protection and work gloves is recommended for this project.

* Outline the size and shape of the patio on the ground with spray paint.

* Place wooden stakes about 1 foot outside the corners of the outline and run string between the stakes at the desired patio height, establishing a slope away from the house of 1 inch for every 8 feet to aid drainage.

* Excavate the area about 6 inches beyond the outline to allow for 4 inches of compacted base, 1 inch of bedding sand, and the pavers.

* Pour 4 inches of all-purpose gravel into the excavated area and pack with a tamper or plate compactor to create the base.

* Place two 1-inch-thick PVC pipe on the base as a screed guide, then pour paver sand and screed with a two-by-four.

* Lay the pavers one-by-one next to each other in the desired pattern, being sure not to slide any pavers across the sand. If uneven, tap with a rubber mallet.

* In the event partial pavers are needed in the patio, cut the pavers with a masonry saw to desired length or shape.

* Pour a concrete toe edge restraint around the patio perimeter using QUIKRETE Crack Resistant Concrete Mix.

* Pour a layer of paver sand across the completed patio, sweep the sand into the joints, and use a compacting machine to lock the pavers into place.

A polymeric jointing sand like PolySweep can be used instead of standard jointing sand to help prevent erosion, insects, weeds and other elements that can be harmful to the paver patio. For more information on properly installing a paver patio, including a step-by-step how-to project video, visit the QUIKRETE website or Facebook.

Transform your backyard with a paver patio

by

(BPT) – As the natural extension of a home’s interior, making sure the backyard is an attractive and functional exterior space for entertaining family and friends is important to many homeowners. Described by some as an outdoor room, it requires as much thought, creativity and commitment to design a backyard living area as it does the rest of a house. Following that logic, a paver patio is an ideal focal point for building a beautiful outdoor living area. It literally serves as a blank canvas for benches, fire pits, fireplaces, water fountains, grills and other outdoor features.

While other materials can be used to construct a patio, concrete pavers are strong, durable and extremely versatile. In fact, homeowners can choose from hundreds of styles, sizes, shapes, colors and textures from a single manufacturer like Pavestone. With such a wide array of options, pavers give homeowners the ability to coordinate the patio to match the look and feel of their home in an outdoor living space that will be the envy of neighbors.

Steps for installing a paver patio.

Wearing eye protection and work gloves is recommended for this project.

* Outline the size and shape of the patio on the ground with spray paint.

* Place wooden stakes about 1 foot outside the corners of the outline and run string between the stakes at the desired patio height, establishing a slope away from the house of 1 inch for every 8 feet to aid drainage.

* Excavate the area about 6 inches beyond the outline to allow for 4 inches of compacted base, 1 inch of bedding sand, and the pavers.

* Pour 4 inches of all-purpose gravel into the excavated area and pack with a tamper or plate compactor to create the base.

* Place two 1-inch-thick PVC pipe on the base as a screed guide, then pour paver sand and screed with a two-by-four.

* Lay the pavers one-by-one next to each other in the desired pattern, being sure not to slide any pavers across the sand. If uneven, tap with a rubber mallet.

* In the event partial pavers are needed in the patio, cut the pavers with a masonry saw to desired length or shape.

* Pour a concrete toe edge restraint around the patio perimeter using QUIKRETE Crack Resistant Concrete Mix.

* Pour a layer of paver sand across the completed patio, sweep the sand into the joints, and use a compacting machine to lock the pavers into place.

A polymeric jointing sand like PolySweep can be used instead of standard jointing sand to help prevent erosion, insects, weeds and other elements that can be harmful to the paver patio. For more information on properly installing a paver patio, including a step-by-step how-to project video, visit the QUIKRETE website or Facebook.

5 renovation resolutions for your home this year

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(BPT) – It’s no secret that springtime is synonymous with spruce-ups. But, as is often the case, homeowners hone in on prettying-up patios and backyards with fresh florals and new outdoor furniture, leaving the inside of the home as “same old, same old.” This spring, resolve to reinvent your home from the inside out with stylish décor sure to add the wow-factor it deserves.

The five refreshing projects below will to help create a beautiful setting worthy of the new season — and beyond.

Address those kitchen cabinets. The cabinets are a major focal point in a kitchen, and even the smallest changes can have a major impact on its look and feel. Start with a subtle, functional update by replacing old hardware with modern metal accents. And, for a slightly bolder change, consider a fresh coat of paint to infuse a new design persona throughout the space.

Set the perfect scene. Take advantage of the spring weather and longer days with perfect natural lighting. Hunter Douglas’ PowerView Motorization is a sophisticated wireless operating system that allows homeowners to program their shades to automatically adjust throughout the day to make the most of natural light as it changes. Start by creating scenes — different combinations of shade positions in one room or throughout the house — to achieve perfect room lighting, window privacy and energy-efficiency. Then, schedule the scenes to activate at the times you choose, like opening to greet each morning’s sunrise, closing mid-day to deflect the heat of the afternoon sun, and closing each night to protect your privacy. PowerView motorized shades also seamlessly integrates with other sophisticated whole-home automation systems to add another level of convenience to everyday living and greater connectivity to your smart home.

Add comfort and style to hardwood floors. Hardwood floors are a popular style for any home, and adding comfort to the chic–but sometimes unforgiving–look is easy with the right accessories. Place comfortable, eye-catching rugs in key areas throughout the home, including the foyer or beneath the kitchen and dining room tables. These subtle accents will create a striking contrast, soften acoustics and add stylish comfort for your feet.

Keep cool as the weather warms. Window treatments can serve as great accessory or accent, and the right window dressings will provide beauty and function in one. With Duette Architella honeycomb shades from Hunter Douglas, sophisticated fabric choices add a modern touch to any space, while its unique cell-within-a-cell design can significantly reduce the amount of solar heat transferred through windows to keep you cooler as the summer heat kicks in. This smart upgrade lends an elegant touch to kick off air conditioning season.

Build the bathroom of your dreams. The bathroom is supposed to be an oasis, and if it’s lacking in spa-like comforts, now is the perfect time to whip it into shape. Enjoy a luxurious massage without stepping out of the house by swapping out outdated shower heads with high-pressured and multi-setting ones that transform water into soft mists, relaxing pulses, or powerful cascade indoors.

With these easy décor updates, making your home more comfortable and stylish is a bright idea sure to last all season and through the year. To learn more about PowerView Motorization and Duette Architella honeycomb shades, visit www.hunterdouglas.com.

5 renovation resolutions for your home this year

by

(BPT) – It’s no secret that springtime is synonymous with spruce-ups. But, as is often the case, homeowners hone in on prettying-up patios and backyards with fresh florals and new outdoor furniture, leaving the inside of the home as “same old, same old.” This spring, resolve to reinvent your home from the inside out with stylish décor sure to add the wow-factor it deserves.

The five refreshing projects below will to help create a beautiful setting worthy of the new season — and beyond.

Address those kitchen cabinets. The cabinets are a major focal point in a kitchen, and even the smallest changes can have a major impact on its look and feel. Start with a subtle, functional update by replacing old hardware with modern metal accents. And, for a slightly bolder change, consider a fresh coat of paint to infuse a new design persona throughout the space.

Set the perfect scene. Take advantage of the spring weather and longer days with perfect natural lighting. Hunter Douglas’ PowerView Motorization is a sophisticated wireless operating system that allows homeowners to program their shades to automatically adjust throughout the day to make the most of natural light as it changes. Start by creating scenes — different combinations of shade positions in one room or throughout the house — to achieve perfect room lighting, window privacy and energy-efficiency. Then, schedule the scenes to activate at the times you choose, like opening to greet each morning’s sunrise, closing mid-day to deflect the heat of the afternoon sun, and closing each night to protect your privacy. PowerView motorized shades also seamlessly integrates with other sophisticated whole-home automation systems to add another level of convenience to everyday living and greater connectivity to your smart home.

Add comfort and style to hardwood floors. Hardwood floors are a popular style for any home, and adding comfort to the chic–but sometimes unforgiving–look is easy with the right accessories. Place comfortable, eye-catching rugs in key areas throughout the home, including the foyer or beneath the kitchen and dining room tables. These subtle accents will create a striking contrast, soften acoustics and add stylish comfort for your feet.

Keep cool as the weather warms. Window treatments can serve as great accessory or accent, and the right window dressings will provide beauty and function in one. With Duette Architella honeycomb shades from Hunter Douglas, sophisticated fabric choices add a modern touch to any space, while its unique cell-within-a-cell design can significantly reduce the amount of solar heat transferred through windows to keep you cooler as the summer heat kicks in. This smart upgrade lends an elegant touch to kick off air conditioning season.

Build the bathroom of your dreams. The bathroom is supposed to be an oasis, and if it’s lacking in spa-like comforts, now is the perfect time to whip it into shape. Enjoy a luxurious massage without stepping out of the house by swapping out outdated shower heads with high-pressured and multi-setting ones that transform water into soft mists, relaxing pulses, or powerful cascade indoors.

With these easy décor updates, making your home more comfortable and stylish is a bright idea sure to last all season and through the year. To learn more about PowerView Motorization and Duette Architella honeycomb shades, visit www.hunterdouglas.com.

Uniquely you hues: Decorating with your personality in mind

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(BPT) – Whether you realize it or not, the colors you select for your home and your personal belongings tell a lot about your personality. In fact, according to a recent survey by PPG, 58 percent of 2,500 consumers surveyed agree that colors selected for their home, car and consumer products — such as appliances and electronics — reflect their personality and style all or most of the time. In addition, 70 percent of those surveyed agreed color selection is important when purchasing paint for their home. So, how do these color preferences come about?

PPG, a global leader in paint and color, knows that consumers’ color preferences aren’t random. One’s desire for certain colors can be quite personal, as each color evokes different emotions based on our unique experiences, current events, memories and style preferences. By determining the paint color schemes that positively reflect your personality, you can identify your unique style and ultimately add a more personal touch to your home décor.

Pulling inspiration from your wardrobe is a great way to determine your color preferences. Evaluating what clothing items are your go-to staples will help inform you of the colors and styles you find most appealing. Do you live in dark denim? Paint a rich navy accent wall in your dining room. Do you love your little black dress? A front door painted PPG Paints Black Magic (PPG1001-7) makes a stunning first impression. Your favorite vacation spot can also serve as a muse in realizing your design sense. If thoughts of weekends at your family cabin bring warm memories, then deep, earthy tones will likely evoke nostalgia in reminiscing about your favorite spot.

To make paint color selection easier, the PPG Paints brand offers five-color collections that help consumers see various paint hues in context with the colors of other existing home elements, such as flooring, tile and furniture. Seeing these five-color pairings next to each other allows you to easily visualize how wall and trim colors will work with other colors in a space. Arranged by personality, style and the five senses, the collections can serve as a compass for determining which groups of colors best fit your design preferences, and ultimately, your personality.

* If you are a peaceful person that craves calmness, blues may be your go-to hue. The Blue Persuasion paint color collection by PPG Paints provides a selection of blue paint colors, including Stormy (PPG10-14), Aqua Smoke (PPG1034-5) and Gale Force (PPG10-08), all perfect for creating a tranquil atmosphere to make you feel at ease. By incorporating minimalist and modern décor elements, you can further create a sense of serenity and clarity within your space.

* Do you consider yourself charming and carefree? Then you may describe your home décor as pretty in pink. The brand’s Pastel Wonders paint color collection involves a wonderful mix of pink, red and beige paint colors that create dreamy ambiances that exude elegance. Colors such as Peach Brick (PPG18-26) and Subdued (PPG1015-4) provide the perfect muted backdrop for a bathroom or entryway. Consider adding a farmhouse feel to the space with distressed wood elements to embrace country charm and create a modern rustic look.

* For spirited extroverts, plum, cherry and purple hues may adorn your space. The PPG Paints Precious Tones paint color collection provides majestic shades that radiate passion and sophistication, such as Amethyst Haze (PPG13-23) and Heart’s Afire (PPG13-14). Show off your bold nature by adding a touch of glam with metallic elements to infuse drama into the space.

Using the five-color pairings alone or in conjunction with the PPG Paints The Voice Of Color game, you can discover exactly which color collection best suits your style. In examining the color schemes that are most attractive to you, the décor elements that make you feel at home, and the sentiments that you value most, among other qualifiers, you will determine which five-color collection best represents your décor preferences and ultimately which colors to incorporate into your home to best express your unique personality. Once your perfect colors are chosen, you can digitally (and easily) paint your space in a variety of colors using the PPG Paints online room painter tool. Upload your own photos, browse designer color collections, and explore popular colors by visiting www.ppgvoiceofcolor.com/digital-color/paint-color-visualizer to use the tool.

Uniquely you hues: Decorating with your personality in mind

by

(BPT) – Whether you realize it or not, the colors you select for your home and your personal belongings tell a lot about your personality. In fact, according to a recent survey by PPG, 58 percent of 2,500 consumers surveyed agree that colors selected for their home, car and consumer products — such as appliances and electronics — reflect their personality and style all or most of the time. In addition, 70 percent of those surveyed agreed color selection is important when purchasing paint for their home. So, how do these color preferences come about?

PPG, a global leader in paint and color, knows that consumers’ color preferences aren’t random. One’s desire for certain colors can be quite personal, as each color evokes different emotions based on our unique experiences, current events, memories and style preferences. By determining the paint color schemes that positively reflect your personality, you can identify your unique style and ultimately add a more personal touch to your home décor.

Pulling inspiration from your wardrobe is a great way to determine your color preferences. Evaluating what clothing items are your go-to staples will help inform you of the colors and styles you find most appealing. Do you live in dark denim? Paint a rich navy accent wall in your dining room. Do you love your little black dress? A front door painted PPG Paints Black Magic (PPG1001-7) makes a stunning first impression. Your favorite vacation spot can also serve as a muse in realizing your design sense. If thoughts of weekends at your family cabin bring warm memories, then deep, earthy tones will likely evoke nostalgia in reminiscing about your favorite spot.

To make paint color selection easier, the PPG Paints brand offers five-color collections that help consumers see various paint hues in context with the colors of other existing home elements, such as flooring, tile and furniture. Seeing these five-color pairings next to each other allows you to easily visualize how wall and trim colors will work with other colors in a space. Arranged by personality, style and the five senses, the collections can serve as a compass for determining which groups of colors best fit your design preferences, and ultimately, your personality.

* If you are a peaceful person that craves calmness, blues may be your go-to hue. The Blue Persuasion paint color collection by PPG Paints provides a selection of blue paint colors, including Stormy (PPG10-14), Aqua Smoke (PPG1034-5) and Gale Force (PPG10-08), all perfect for creating a tranquil atmosphere to make you feel at ease. By incorporating minimalist and modern décor elements, you can further create a sense of serenity and clarity within your space.

* Do you consider yourself charming and carefree? Then you may describe your home décor as pretty in pink. The brand’s Pastel Wonders paint color collection involves a wonderful mix of pink, red and beige paint colors that create dreamy ambiances that exude elegance. Colors such as Peach Brick (PPG18-26) and Subdued (PPG1015-4) provide the perfect muted backdrop for a bathroom or entryway. Consider adding a farmhouse feel to the space with distressed wood elements to embrace country charm and create a modern rustic look.

* For spirited extroverts, plum, cherry and purple hues may adorn your space. The PPG Paints Precious Tones paint color collection provides majestic shades that radiate passion and sophistication, such as Amethyst Haze (PPG13-23) and Heart’s Afire (PPG13-14). Show off your bold nature by adding a touch of glam with metallic elements to infuse drama into the space.

Using the five-color pairings alone or in conjunction with the PPG Paints The Voice Of Color game, you can discover exactly which color collection best suits your style. In examining the color schemes that are most attractive to you, the décor elements that make you feel at home, and the sentiments that you value most, among other qualifiers, you will determine which five-color collection best represents your décor preferences and ultimately which colors to incorporate into your home to best express your unique personality. Once your perfect colors are chosen, you can digitally (and easily) paint your space in a variety of colors using the PPG Paints online room painter tool. Upload your own photos, browse designer color collections, and explore popular colors by visiting www.ppgvoiceofcolor.com/digital-color/paint-color-visualizer to use the tool.

Uniquely you hues: Decorating with your personality in mind

by

(BPT) – Whether you realize it or not, the colors you select for your home and your personal belongings tell a lot about your personality. In fact, according to a recent survey by PPG, 58 percent of 2,500 consumers surveyed agree that colors selected for their home, car and consumer products — such as appliances and electronics — reflect their personality and style all or most of the time. In addition, 70 percent of those surveyed agreed color selection is important when purchasing paint for their home. So, how do these color preferences come about?

PPG, a global leader in paint and color, knows that consumers’ color preferences aren’t random. One’s desire for certain colors can be quite personal, as each color evokes different emotions based on our unique experiences, current events, memories and style preferences. By determining the paint color schemes that positively reflect your personality, you can identify your unique style and ultimately add a more personal touch to your home décor.

Pulling inspiration from your wardrobe is a great way to determine your color preferences. Evaluating what clothing items are your go-to staples will help inform you of the colors and styles you find most appealing. Do you live in dark denim? Paint a rich navy accent wall in your dining room. Do you love your little black dress? A front door painted PPG Paints Black Magic (PPG1001-7) makes a stunning first impression. Your favorite vacation spot can also serve as a muse in realizing your design sense. If thoughts of weekends at your family cabin bring warm memories, then deep, earthy tones will likely evoke nostalgia in reminiscing about your favorite spot.

To make paint color selection easier, the PPG Paints brand offers five-color collections that help consumers see various paint hues in context with the colors of other existing home elements, such as flooring, tile and furniture. Seeing these five-color pairings next to each other allows you to easily visualize how wall and trim colors will work with other colors in a space. Arranged by personality, style and the five senses, the collections can serve as a compass for determining which groups of colors best fit your design preferences, and ultimately, your personality.

* If you are a peaceful person that craves calmness, blues may be your go-to hue. The Blue Persuasion paint color collection by PPG Paints provides a selection of blue paint colors, including Stormy (PPG10-14), Aqua Smoke (PPG1034-5) and Gale Force (PPG10-08), all perfect for creating a tranquil atmosphere to make you feel at ease. By incorporating minimalist and modern décor elements, you can further create a sense of serenity and clarity within your space.

* Do you consider yourself charming and carefree? Then you may describe your home décor as pretty in pink. The brand’s Pastel Wonders paint color collection involves a wonderful mix of pink, red and beige paint colors that create dreamy ambiances that exude elegance. Colors such as Peach Brick (PPG18-26) and Subdued (PPG1015-4) provide the perfect muted backdrop for a bathroom or entryway. Consider adding a farmhouse feel to the space with distressed wood elements to embrace country charm and create a modern rustic look.

* For spirited extroverts, plum, cherry and purple hues may adorn your space. The PPG Paints Precious Tones paint color collection provides majestic shades that radiate passion and sophistication, such as Amethyst Haze (PPG13-23) and Heart’s Afire (PPG13-14). Show off your bold nature by adding a touch of glam with metallic elements to infuse drama into the space.

Using the five-color pairings alone or in conjunction with the PPG Paints The Voice Of Color game, you can discover exactly which color collection best suits your style. In examining the color schemes that are most attractive to you, the décor elements that make you feel at home, and the sentiments that you value most, among other qualifiers, you will determine which five-color collection best represents your décor preferences and ultimately which colors to incorporate into your home to best express your unique personality. Once your perfect colors are chosen, you can digitally (and easily) paint your space in a variety of colors using the PPG Paints online room painter tool. Upload your own photos, browse designer color collections, and explore popular colors by visiting www.ppgvoiceofcolor.com/digital-color/paint-color-visualizer to use the tool.

Big-impact ideas for small patio spaces

by

(BPT) – Do you have a small patio? Do you think you can’t do much with the space due to its size? There’s probably a lot more potential than you think.From the influx of urban dwellers, empty-nesters in transition and even the tiny-home movement, the t…

Big-impact ideas for small patio spaces

by

(BPT) – Do you have a small patio? Do you think you can’t do much with the space due to its size? There’s probably a lot more potential than you think.From the influx of urban dwellers, empty-nesters in transition and even the tiny-home movement, the t…