More Home Owners Are Choosing Home Improvement over Moving or Selling Their Homes

Somerset West, South Africa (PressExposure) July 14, 2011 -- Real estate property prices still haven't recovered in most areas and most property owners prefer to stay in their old homes while planning and organizing remodeling and restructuring work. In fact, this provides the opportunity of developing your house's aesthetic as well as improving market value. This enables home owners to sell their properties at higher values in case they do need to move. Home improvement loans are a lot cheaper and more affordable than mortgage financing. In the current market, it seems like a wise thing to do. Carry out Home remodeling rather than selling your house and buying a new one.

Home remodeling loans come in various packages with the major types being classified into unsecured loans and secured loans. The unsecured loans are the ones that are given on the basis of a substantially good credit rating. If you qualify for an unsecured loan you do not have to pay collateral to your bank. However, if you have poor credit ratings and records, you may have to settle for secured loans that need collateral. This technically means that you would have to pledge something that you own until the time you have paid off the home improvement loan. While these loans are not taken in most cases where only cosmetic changes are done to the property, most of these home improvement loans are taken when there are structural modifications made to the house. Larger financing options like these tend to always end up in gaining a secured home remodeling loan.

These loans are far better than the mortgage financing for buying a new home in the current economy. "Most properties provide some potential for expansion and improvement, but we would advise people to think about how much they are investing and their key motivator before undertaking major projects," says David Dalby, Professional Groups Director, of the Royal Institute of Chartered Surveyors (RICS), UK.

Before you undertake any home improvement activity, you must however, first analyze the style and age of the property. You can seek the help of professional contractors who are qualified to carry out any structural improvements to your home and ensure a long lasting quality. You may also adopt several DIY home remodeling projects. The difference in hiring a professional and doing it all by yourself would be the time taken, the money spent and the work finesse. Weigh the benefits of the two and plan out your home improvement task ahead of the actual remodeling work.

About CLiebenBerg is a website that deals with extensive information on home improvement and home remodeling along with a sales section for products of home improvement. The website is designed for all those who like to research a particular job and execute it with a simple plan and quality products. For more info please visit the website;

Press Release Source:

Press Release Submitted On: July 14, 2011 at 2:02 pm
This article has been viewed 10477 time(s).