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Furniture DIY projects can be fun and exciting. And better yet, these can help you save thousands of dollars. However, these projects take time, energy, and knowledge, which is where you’ll see a lot of people give up. But by learning some super simple DIY projects, you can get your hands on custom-made, useful furniture that can really change the look and feel of your home.
Whether you’re trying to fix damage or you want to give your furniture a new look, there are many DIY tips to consider. Keep reading to learn some quick and effective ways on how to refresh your old furniture:
Patch It Up!
If you have a hole or tear in your furniture, then patching it up is a great option. And luckily, there are some simple ways on how to do this yourself. Take a look at this step-by-step guide for patching furniture:
- Cut off a piece of thick and hefty fabric to use as your patch. It’s important to make the patch a little bigger than the area you want to cover.
- Pull back the ripped upholstery and put the patch beneath it. Hold the flap of the upholstery back, then pin it in place.
- Apply a uniform layer of fabric glue to the patch, then add glue to the corners of the ripped upholstery.
- Take out the pin, and press down on the upholstery flap.
- Insert more pins if needed until the glue has dried.
Another option is to reupholster your furniture. Whether you want a new look or you have a damaged piece, this can be a very beneficial method. Here is how to do this effectively:
- Only choose high-quality furniture. Reupholstering something that isn’t long-lasting could be a waste of time.
- Gather your fabric and make sure you have plenty of it.
- Assemble your tools: a flathead screwdriver, pliers, a hammer, a staple gun and a sewing machine with supplies.
- Remove the fabric from your furniture by removing staples, tacks, or screws.
- Clean the furniture or repair it if needed.
- Measure and cut the new fabric.
- Next, you’ll want to sew the fabric where necessary. Try to mimic the original sewing pattern with your new upholstery work.
- Staple the new fabric to the furniture with your staple gun. Work on one section at a time and ensure the fabric is lined up properly.
- Add finishing touches such as piping, buttons, or reattaching feet to the bottom of the furniture.
Give Your Home the Refresher It Needs!
A simple DIY furniture project can really take your home to the next level. These easy tactics can leave your furniture looking new and refreshed, which can really wow your guests. Staining and painting are a few other restoration methods you can try, and the results can blow you away! Now pick your furniture, grab your supplies, and get to work on your next DIY project!
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Purchasing a deluxe home at an affordable price may seem impossible, particularly for property buyers who are searching for a residence in a seller's market.
Lucky for you, we're here to help take the guesswork out of buying a terrific residence at a budget-friendly price, regardless of the current housing market conditions.
Now, let's take a look at three factors that homebuyers need to consider before they enter a seller's market.
1. Your Timeline
What is your homebuying timeline? Ultimately, you'll want to consider how quickly you need to relocate to a new residence. This will enable you to map out a homebuying journey that boosts your chances of getting the best results possible.
For example, if you have several months to plan ahead, you may be able to wait out a seller's market. You can pursue a wide range of residences over an extended period of time. And if you find a residence that you like, you can submit an offer on it.
On the other hand, if you need to move right away, you'll likely need to speed up the homebuying journey. In this scenario, you'll want to make the most of the time and resources at your disposal. If you can optimize the time and resources that are available, you may be better equipped than other homebuyers to discover a great home in a seller's market.
2. Your Budget
How much can you afford to spend on a home? A seller's market favors property sellers, so you'll want to do everything possible to budget appropriately and avoid the temptation to overspend to acquire a residence.
Getting pre-approved for a mortgage usually is an excellent idea. If you meet with banks and credit unions, you can learn about your mortgage options and choose a mortgage that matches your finances perfectly.
With a mortgage in hand, you can enter the housing market with realistic property buying expectations. You also may be able to narrow your home search, and as such, speed up the process of purchasing your ideal house.
3. Your Homebuying Expertise
What do you know about the housing market? In most cases, homebuyers lack real estate expertise. However, working with a real estate agent ensures you can receive comprehensive support as you navigate a seller's market.
A real estate agent is a friendly, knowledgeable housing market professional, one who will go above and beyond the call of duty to assist you during the homebuying journey.
Typically, a real estate agent will set up home showings, keep you informed about new properties as they become available and negotiate with home sellers on your behalf. He or she will even provide honest, unbiased recommendations, guaranteeing you can get the expert insights you need to make informed homebuying decisions.
When it comes to exploring houses in a seller's market, why should you be forced to leave anything to chance? Consider the aforementioned factors closely, and you can improve your chances of acquiring a stellar home without having to break your budget.
All home sellers understand that there are some costs to selling a home, but not everyone realizes what they're expected to pay for (and how much the total will be). We'll look at the most common expenses and how they might affect your budget.
Real Estate Agent Fees
This is probably the first thing that comes to mind if you're selling a home. The standard rule is anywhere between 5 to 6% of the final sale price. Not all sellers will shoulder this cost, but the majority will. So if your home sells for $300,000, you should expect to hand over at least $15,000 to be split between the buyer and seller real estate agents. Please note that commissions can be negotiable, especially if you're selling in a popular neighborhood.
While none of these costs are strictly necessary, they can help you get your home ready:
- Repairs: If you're not planning to sell the house as-is, it's a good idea to spruce up the interior and exterior of the property. Even if you're only buying a few cans of paint and a roller, the costs can add up quickly.
- Home inspection: Buyers will typically do their own home inspection, but sellers who go above and beyond can give themselves an edge in a competitive market. If you're going out of your way to buy a home inspection, it can show you have nothing to hide. These inspections cost a few hundred dollars and may reveal structural problems that you were unaware of.
- Staging: Arranging your furniture to show off the best of the home can really inspire buyers to view its potential. Whether you dress up your home with cozy touches (e.g., cashmere throws, small bouquets, etc.) or more modern decorations, it can help attract the perfect buyer.
If you're moving out before you sell the house, you'll need to continue paying the utilities. You'll also need to check with your lender as to exactly how much you owe when you pay off the loan. Some lenders will charge prepayment fees upon early termination. You may also be asked to either pay or split the closing costs, especially if you're selling in a buyer's market. This can include anything from the title inspector fees to transfer costs. Finally, you may need to pay capital gains tax if your home skyrocketed in value or any lingering property taxes.
Some sellers end up paying closer to 10% of the total sale price of their home, a figure that can be difficult to swallow for many sellers. It's worth clarifying each cost so you always know what you're paying for.