Julianne Krutka
Park Square Realty | 413-297-6718 | julianne.krutka@gmail.com


Posted by Julianne Krutka on 12/28/2017

Many times, itís the quick projects around your home that make the biggest difference. Lighting is one of the most important aspects of your home. Without the right lighting, the entire mood of a room can be offset by the poor ambient quality. Lights are practical and help work on our emotions in the most subtle ways. Here, weíll show you some of the updates that you can make to the lighting in your home that you may have never thought of. Kitchen Many kitchens have only one source of lighting. If the kitchen is short on windows that bring in outside light, this single-source lighting can be an even bigger problem. Try under cabinet lighting to illuminate countertops and preparation areas. This is great for not only safety, but to bring more light into the room in a unique way. Bathroom There's nothing creepier in the bathroom than strange shadows. Thatís where recessed lighting comes in. You also donít need to apply makeup in the wrong way due to poor lighting. Having lights available in several areas of the bathroom will make getting ready in the morning easier. Proper lighting will also make showering safer and less like a horror film! Bedroom The bedroom is perhaps the simplest room of the house to light. Youíll need lights by the bed for reading and other tasks. Usually wall mount fixtures work best for these purposes. They make great task lights and also look fantastic on the wall as part of your bedroomís decor. As a bonus, lights on the wall will create less clutter in the home. Dining Area Look for task lights and lamps for your buffet to brighten your dining room. Try adding lighting fixtures in places where youíll be doing a lot of task-focused activities. Aim for more recessed lighting over the dining table so guests wonít feel that they have the spotlight on them. Living Spaces In shared environments, lamps that are easily made portable can work best. This is simply because people tend to forget a lamp thatís tucked in the corner somewhere. Itís also a plus to put your lamps on timers. If you know that you get home at 7 PM every evening, set the timer so that you walk into a bight, inviting home and not a dark one. Highlight Things In The Room Itís always a great way to light a darker corner by placing lights over a plant or a painting. This helps to highlight the decorative aspects of the room even in the dark.




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Posted by Julianne Krutka on 12/29/2016

If youíre trying to decide whether itís best to move from your current home or to make the necessary improvements on the home, itís not an easy decision. One thing you may have to consider is how to get the capital in order to have those home improvements done. 

Thereís a variety of options available to you in order to secure a loan to renovate your home. Whether you need to renovate the kitchen, build out from your current property, or replace the heating system, thereís ways that you can get the money to complete these necessary updates. 


One thing to consider about any of the options discussed is that you donít want to be paying for home improvement loans until you need to update everything once again. If youíre preparing to sell your home, making improvements is a wise choice, as it can increase the return that youíll get on your home. 

Donít Run Out Of Cash


 If you cannot complete the improvements that you started, you may not be able to get another loan to complete them. You can typically borrow between 80 and 90% of your home equity. The downside to refinancing your home or taking out home equity lines of credit is that youíll need to pay closing costs once the loan is approved. In other words, youíll need to put out some cash in order to get some cash. 

Use Your Own Cash

If you have some cash saved up, itís wise to just do one project at a time. This can take some time, but can be more economical in the long run. If you donít need to complete your repairs in a hurry, then using your own savings is a good idea.

Refinance Your Home

If you would benefit from a lower interest rate, refinancing your home can be a great option. As long as the cost of repairs doesnít exceed the number of years that the updates will last, refinancing makes sense. 

Home Equity Credit Line


If your mortgage is locked in and working for you, home equity lines of credit are always a good option. You can draw money out as you need it and pay it back as you go. You wonít need to pay interest until you use the money and the loan is good for 10 years. The downside is that if you donít make the payments, you could lose your home.   

Home Equity Loans

This type of loan allows you to borrow a fixed amount and then pay back the loan with a fixed monthly installment. A 15 year term is typical of this type of loan.


Construction Loans


A construction loan can be used to build a house or to make large-scale renovations. These loans are short-term and not always easy to find access to. Not to mention that they are heavily managed and perhaps the least popular option presented here. 


FHA 203K Loans


This type of loan is generally used to purchase a home that is in need of much repair. The downside is that youíll need mortgage insurance for the entire life of the loan. Less complicated repairs often offer a more streamlined FHA loan of up to $35,000. 


FHA Title 1 Loans


These loans provide up to $25,000 for home improvements. The money is insured by the federal government and can be obtained from approved lenders. Homeowners donít need access to equity in order to get one of these loans and they are available in 20 year terms. 


These are just some of the options that are available to you as a homeowner seeking ways to get cash to make improvements to your home. You can tap into other types of personal loans including credit cards. Really, you need to do whatís best for your finances. Itís good to know that thereís options available to you to improve your home.




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