Home Improvement Loan

 home improvement loans

Are you considered making home improvements  such as a new kitchen, bathroom or remodeling? You can probably think of a thousand ways your home could be more comfortable, more practical or more modern. Sure, you could move. But you love the neighbourhood, and you also love your house.

Often, the really smart option is a home renovation. Without the cost of moving, home decorating and improvements can give your home additional value. If you are concerned about financing options, a home improvement line of credit may be a great option.

This is an excellent way to repair, and make improvements to your home, and make the most of life’s other opportunities.

A Line of Credit gives you three big advantages when renovating–

  1. You access the funds as you need them. You can use your Line of Credit as the renovations progress to pay different tradespeople and suppliers at different times. You won’t be paying interest on credit that you haven’t used.

     

  2. You can open a Line of Credit without knowing exactly how much your renovations will cost when they’re finished. Simply apply for a credit limit that will give you a comfortable margin, and then use only what you need.

     

  3. You can use the equity you have in your home to get rates as low as prime, higher credit limits up to 75% of the appraised value of your home less any outstanding mortgages or charges, and the added flexibility of interest-only payments. Most Canadian banks also offer you the ability to access up to 90% of the appraised value or purchase price (whichever is lower) of your home should you qualify.

Before you can find the cheapest home improvement loans, though, you need to know a little bit about what youre looking for and what lenders are looking at.

loans for home improvements

Factors that affect your loan

You may have to visit several different lenders to find the cheapest home improvement loans, but every one that you go to will be taking several things into consideration when creating a quote for you.

The first thing that theyll look at is the equity in your home, which is an indication of how much of the mortgage on the home has been paid off. The equity in your home is one of the major factors in determining the maximum amount that a lender is willing to loan you, since it is an indication of how much money theyd get back if they had to repossess the home. Usually, the cheapest home improvement loans are offered to people who have high equity in their homes.

Of course, there are other factors to be considered as well things such as your credit score, the type of improvements or repairs that youre wanting to do, and national and local interest rates can all be major considerations when a lender is trying to determine if you qualify for the cheapest home improvement loans.

What to look for in a loan

Even if the first quote that you receive seems pretty good, you should take some time to see if there are any other options available in order to get the absolute cheapest home improvement loans that you can.

Visit several banks and finance companies and request quotes from each of them you may find that the interest rates and terms that youre offered differ at least slightly from institution to institution.

Carefully look at all of the quotes that youve received, trying to find the one with the lowest interest rate that still has flexible repayment terms. Narrow your options down to only two or three quotes, and decide from there which of the offers has the best options for your needs.

While it may seem like more work than its worth sometimes, taking your time to find the cheapest home improvement loans to finance your repair or improvement project can save you both time and money in the long run.

The extra time that you spend now will likely result in you repaying the loan faster and having more free time and money afterwards.

Home Improvement Loans

Toronto Fall Home Show

 

toronto fall home show

The Toronto Fall Home Show has found a new home. They have moving to the Better Living Centre, Exhibition Place. The highly anticipated move was in response to renovations at the Automotive Building. The timing could not have been better and the response to the success of the Fall Home Show over the years has led to our growth.

Mark your calendars: The Fall Home Show runs September 18th – 21st, 2008.

Our commitment to continuously strive to provide the highest level of quality in our shows made the move imminent. Look for more exciting details about expert appearances on our Entertaining Stage, one-on-one advice and take aways in our Workshop series, our Dream Spaces, e-boutique,  Destination Renovation presented by BILD, Design Talks! presented by Reno & Decor Magazine and don’t forget about all the shopping – with over 290 retailers to buy from.

Renovate, Decorate and Celebrate with the Fall Home Show!

The Fall Home Show Team

For more information about exhibiting at our show please visit the Looking to Exhibit section on the website.

 

Buy your tickets online or at the event. Ticket Prices for the Fall 2008 Toronto Home Show are as follows:

  • Adults: $12.00
  • Senior: $10.00
  • Junior 12-18: $10.00
  • Children Under 12: Free
Dates and Hours:
Thursday, September 18th           11am – 9pm     
Friday, September 19th               11am – 9pm
Saturday, September 20th           10am – 9pm
Sunday, September 21st             10am – 6pm

SHOW HIGHLIGHTS

REJUVENATE your Mind, Body and Home
on OPENING NIGHT! presented by

Join us opening night for Rejuvenation themed stage presentations and workshops. The first 250 attendees will receive a free goody bag full of great giveaways from participating exhibitors and sponsors. Pick yours up at the EZRock booth. In the spirit of Rejuvenation join us for:

  • Free customized Aveda lotion samples at the Ste. Anne’s Spa Sensory Bar
  • Annual Silent Auction in Support of The Toronto People with AIDS Foundation (PWA)
  • Opening Night Specials from Participating Exhibitors
  • Contests from EZRock and Ste. Anne’s Spa
  • Click here to find out more…

Join us

Also,

 
MOMMY’S DAY! presented by

Calling all Mommy’s…join us on Friday from show opening till 5 pm for Mommy’s Day presented by Sweetmama.ca.Enjoy the show on a stroller-friendly day and participate in the many various promotions, features and inspiration that can be found at the show. 

Plus… The first 500 moms will receive free goodie bags!

Click here for more info…

ENTERTAINING STAGE presented by
Entertain with the stars! Look no further than the local and celebrity expert line up on the Entertaining Stage for the latest in cooking, design, renovation and entertaining. Click here for the full stage schedule.
 
WORKSHOPS

Kitchen Design, Home Organization 101, How to Sweetmama-fy Your Home, Entertaining for Large Groups … These are just a few of this year’s free workshops available for four days only. Local home renovation, décor, design and entertaining experts meet under one roof to share their expertise in smaller interactive groups (maximum 20 people per session). Book online now to secure your spot – workshops fill fast! Workshops take place in three room settings featuring the latest trends, new products and ideas for fall:ROOM 1: Take part in DIY workshops in our totally outfitted Garage presented by First Choice Garage and Ryobi.

ROOM 2: Check out décor and design workshops in the MacFAB Home room showcasing the latest materials and fabrics

ROOM 3: Attend entertaining and culinary workshops in our Svea Kitchen highlighting new kitchen trends.

   
   
 
E-BOUTIQUE presented by

Online shopping is more popular than ever and this is the one place to see, feel and buy in person from Canada’s top online retailers. From a Vancouver jewelry designer (Sugarlime Jewlery) to custom headboards (Wall Huggers) from Cambridge, Ontario online retailers come together to offer the ultimate shopping experience. Plus, enter online to win a $2,500 shopping spree at eboutique!

Nervous about buying online? Or has it become a favorite obsession? Either way,

 
Home + Style Direct Interiors
EXCLUSIVE ACCESS SALE 

Find great buys and designer items in this city’s EXCLUSIVE ACCESS SALE - all part of the annual Home + Style Studio Tour and Sale to raise funds and awareness for the Toronto People with AIDS Foundation (PWA). With fabulous furniture, appliances and accessories from your favorite local retailers and manufacturers, be sure to shop for this worthy cause and make a positive difference for those living with HIV/AIDS.   

 
DREAM SPACES
Designed by interior stylist Janette Ewen, six dream spaces highlight new trends and illustrate how the latest style concepts can easily be incorporated into your home. Do-it-yourself projects, green products, reclaimed furniture and new materials play a key role in the design of Dream Spaces.In conjunction with the launch of Sex and the City movie DVD on September 23, several of the Dream Spaces, including the Glamorous Entryway, Manhattan Living Room and Toddlers’ Playroom will be styled with the gals and kids of Sex and the City in mind. Other Dream Spaces: The Formal Garden, Small Space Kitchen (which you can bid on to take home) and The Spa Bathroom.

Catch Janette on stage and attend her workshops throughout the weekend and the first 250 visitors to the EZ Rock Booth at 5pm can pick up a gift bag including a voucher for a free copy of Sex and the City movie DVD!

 
 
DESTINATION RENOVATION by BILD 

Do you have big plans but don’t know where to start? Talk one-on-one with professional renovation contractors at Destination Renovation, presented by the Building Industry and Land Development Association (BILD).  Gain valuable knowledge that can save you time and money. Bring your plans, drawings and photos and tap into this great free resource. Looking for a little more? Attend their workshop FLIRTATION WITH RENOVATION Saturday and Sunday from 2pm- 3pm. 

 
WHAT’S YOUR DESIGN DILEMMA?
by RENO & Decor magazine and ARIDO
Now that you’ve been inspired – how do you make it happen? Look no further, your answers are here! Consult with the very best design and décor experts. Bring your colour swatches, questions, photos and ideas for free one-on-one advice with the experts. Saturday and Sunday only.

 

 

 

Four Tips To Save Home Energy

owning a Home Energy home

Many Canadians spent the summer struggling to fill their tanks as the price of gas topped $1.50 / liter. Added to that worry this winter will be the increasing cost of home heating.

It is estimated that Canadians will spend 19.8% more on energy this year than they did last year. Given that the average household expenditure last winter was $986, that could mean shelling out almost $1,200 this year on various energy expenses, about half of which go to heating and cooling your home, according to Maria Vargas, spokeswoman for the Environmental Protection Agency’s Energy Star program.

YOUR HOME: See room-by-room energy tips

GOING GREEN: Find your eco-score, latest environmental news

The good news, says Terry Townsend, former president of the American Society of Heating, Refrigerating and Air-Conditioning Engineers, is that people don’t necessarily have to change how they live to save money on heating costs. They just have to change the way they use energy.

September would be a good time to get your heating system checked and cleaned if necessary, Townsend says. As temperatures drop, service technicians will be in demand, and it may take a while to get repairs done, he says. Plus, heating and cooling systems should be checked about once a year to keep them working as efficiently as possible.

You might also consider getting your home examined for maximum energy efficiency. In May, the United States began offering free energy audits to District residents to identify deficiencies and offer cost-effective recommendations for improvement. More than 800 audits have been done, says energy program specialist LaKeisha Estep.

Although Estep says D.C. is the only city to provide free audits to all residents, Townsend says local power distributors might be able to perform a similar service. Identifying the deficiencies and fixing them can save you up to 30% on energy costs, he says.

Here are some energy-saving steps:

 

Is your house well-sealed?

The total energy that escapes from your house through leaks each year adds up to about the same as “leaving a window open all year round,” Vargas says.

Townsend recommends caulking — using flexible compounds to seal leaks — around windows, and weather stripping all exterior doors to keep hot air from escaping.

Check the ducts around your house, too — you can lose as much as 15% of air through leaks if your ducts aren’t tight, Townsend says.

 

well-sealed-house

 

Insulate, insulate, insulate

Your local utility will be able to tell you how much insulation you should have, Townsend says, and proper insulation will help keep the air your heating system produces warm. A word of caution: Make sure you aren’t adding a moisture-trapping vapor barrier to one already in the existing insulation. That could trap the moisture that has slipped by the first barrier and get the insulation damp, he says. Also consider insulating your hot water tank and at least the first 6 feet of piping with jackets available at hardware stores.

 

Insulate insulation home

 

Control the temperature

Vargas says one of the most important things a consumer can do is purchase a programmable thermostat. Most cost $30 to $100 at hardware stores and can save you about $180 a year in energy costs, she says. You can program these thermostats to turn down the heat when nobody is in the house. Visit Energy Star’s website (energystar.gov) to see which type of thermostat fits your needs and for sample programming schedules.

Also consider investing in a humidifier if you live in a cold and dry place, Townsend says. Moist 68-degree air feels a lot warmer than dry 72-degree air and allows you to keep the thermostat lower.

programmable thermostat

 

Update your appliances

Fifteen to 17 years is the average life span for most equipment, Townsend says. After that, maintenance costs start going up, and you’re better off investing in newer, better equipment. Vargas says Energy Star reviews and labels more than 50 kinds of products, ranging from light bulbs to major appliances, to guide consumers to products that are the most energy-efficient, high-performing and cost-effective.

Townsend says homeowners who want to help the environment and are willing to spend more cash could invest in a solar domestic water heating system. Although you’ll need a backup water heater for cloudy days or an inadequate storage tank, you can heat a large percentage of your water that way.

 

energy star appliances

 

 

Home Improvement Toronto

Gandalf Is A Postman In Toronto

Driving around a Toronto Neighbourhood looking for ideas for my next Home Improvement project, I came across this bizarre sighting.  As I approached it, I heard my kids in the back seat say “look Daddy, its Gandalf from the Lord of the Rings”.  I cant disagree with them at all. It looks as if he’s guarding this Canada Post Box.


Gandalf is a postman in Toronto

Gandalf is a postman in Toronto

Gandalf is a postman in Toronto

Gandalf is a postman in Toronto


Gandalf is a postman in Toronto

Gandalf is a postman in Toronto

Gandalf is a postman in Toronto

Gandalf is a postman in Toronto

Gandalf is a postman in Toronto

 

 

Gandalf is a postman in Toronto