With Interest Rates So Low it’s a Great Time to Remodel

FINKSBURG, Md., Jan. 15 /PRNewswire/ — “Today’s interest rates and competitive labor costs make this a great time to remodel,” said Vic Corbi, partner of Blue Ridge Remodeling, located in Finksburg, MD.

In today’s depressed real estate market, desperate sellers have been looking for workable sales methods such as auctions, creative financing and trades. Now, many are opting not to sell at all. Instead, they are making their houses more livable with home improvements.

Home Equity interest rates are at 10-year lows, and remodeling or adding on to existing homes can be done at reasonable rates and most of the time refinancing after home improvements results in a payment even lower than the original.

Even though much of the U.S. is experiencing economic downturn and many homeowners have concerns about investing in their home at such a time, there are more benefits to remodeling. Despite the market, remodeling actually retains and increases the value of the home and puts the homeowner in a better position when the market begins to be favorable again. In addition, the homeowner gets to enjoy the freshly updated living space.

There are three important reasons why now is a good time to maintain, renovate, or remodel your home. First, the products needed for the remodeling project are more available and are not escalating in price as much. Second, services and vendors are more available and can give individual consumers more attention. Finally, when the housing market is up again, the remodeling industry may get overextended and may be unable to get your project done as quickly as you would like it done.

Blue Ridge Remodeling – http://www.blueridgeremodeling.com – provides quality home remodeling in Maryland. We take home remodeling to the next level by using all the best remodeling practices and old world craftsmanship to plan, design, build, and renovate your home. Our passion is taking existing homes and transforming them into spacious dream homes for our customers.

Remodeling is all about the experience. Blue Ridge Remodeling of Carroll County, Maryland limits the number of projects under construction at any given time, in order to maintain better control and a more personalized building process.

Principal involvement is guaranteed on every addition or home improvement project to ensure the quality and attention you expect and deserve.

SOURCE Blue Ridge Remodeling