Affordable Housing in Loveland Colorado - Garages

 

Affordable housing is an issue everywhere.  In Loveland, Colorado the issue is the same.  Where can I find affordable housing that meets my needs? 

Rethinking space

In urban areas where space is at a premium, the idea of converting garages into living space is taking off.   Would you consider having a stranger move into your garage? Or, would you set up your home in someone else's garage?  More and more people are saying "YES".  

According to new research by Harvard University, almost 40 million Americans "live in housing they cannot afford."  Homeownership has gone down and rental prices keep going up, meaning that millions of residents are forced to pay more than they reasonably should.

Living in someone's garage could help some of those 40 million American's live within their budget or gain freedom from living with mom and dad.  This idea works especially well in college communities such as Northern Colorado.   Rent a garage out to a college student.  

These garage flats could represent a lot more than the opportunity for an extra stream of income for homeowners. Proponents say they could help remedy cities’ housing problems, and even fight homelessness.  

Advantages To A Garage Home

This type of housing won't change the look of the neighborhood and will minimize the land being utilized for new construction, thus keeping our farm ground for food.  

This type of housing could cut down on the homeless population and help those individuals gain respect for themselves and their community.

Who Lives In A Garage

 Younger adults, older relatives who need care, Airbnb guests. And this shift is not limited to converted garages. Backyard cottages, repurposed garden shacks, and tiny homes – they’re all known as ADUs, or accessory dwelling units. 

Cost

Because a garage already has a foundation, walls, and a roof, using the existing structure typically costs around half what you would spend for an all-new addition.  

As the demand for affordable housing becomes a greater need, some cities have eased up on the planning laws.  Contact Larimer Counties planning office (970-498-7683) to see if this is a possibility for your home. 

Affordable Local RESOURCES:

• Colorado Division of Housing 
• Colorado Housing & Finance Authority 
• Funding Partners
• Housing Authority of the City of Loveland
  
• Loveland Habitat for Humanity 
• Neighbor to Neighbor

5 Steps To Painting Concrete

 Concrete painting is trickier than painting most surfaces: It breathes, transports moisture, and sucks up paint.

While you can paint drywall in a day or two, you’ll need a week or more to finish painting concrete. Continue reading below for tips -- plus costs -- on how to paint concrete surfaces:

1. Clean the Concrete

Cleaning concrete is a vital first step because the porous surface tends to trap dirt, grease, and oil.

1. Remove dirt and grease with trisodium phosphate ($6.30 per quart concentrate), or choose a more Earth-friendly cleaner like Krud Kutter’s pre-paint cleaner ($10 for 32 ounces).

2. Yank off vines and moss growing on the foundation. Use a pressure washer to finish off the remaining roots and dirt.

3. Remove efflorescence, a white powder that forms on moist concrete. Try Krud Kutter Concrete Clean & Etch ($8.50 for 32 ounces); if you need more cleaning muscle, try phosphoric acid masonry cleaner ($27 per gallon).

2. Strip Old Paint

Strip peeling or blistering paint indoors with a wire brush ($3 to $5), a paint scraper ($10 to $20), and lots of elbow grease.

Outdoors, get rid of old paint with a power washer (rents for $40 to $75 per day).

3. Seal Interior Concrete

Water moves easily through porous concrete, so sealing interior walls is necessary to prevent moisture from seeping in, promoting mold growth and that cold, damp basement feel. Use a masonry sealer, such as ThoroSeal, that also patches cracks ($35 for a 50-pound bag).

Carefully follow directions for mixing, applying, and curing the sealer. ThoroSeal, for example, requires two coats; the manufacturer recommends curing for five to seven days before applying the second coat.

4. Prime the Concrete

Concrete primer, called block primer, fills pores and evens out the surface. For exterior foundations and walls, use exterior-grade block filler, such as Behr’s Concrete and Masonry Bonding Primer, which also is good for interior concrete ($17.98 per gallon). Primer dries in two hours; wait at least eight hours, but no more than 30 days, to paint.

5. Paint the Concrete

Masonry paint (also called elastomeric paint or elastomeric wall coating) is a good choice for concrete painting because it contains binders that contract and expand with the concrete. Exterior house paint can crack and peel on concrete.

Masonry paint ($20 per gallon) can be tinted and is much thicker than exterior paint. Apply it with a masonry brush ($5 to $8), a high-capacity (3/4-inch or higher) roller, or a texture roller ($5.50).

Some masonry paint is thicker than exterior paint and contains fine particles that can clog air sprayers. If you want to spray-paint cement, ask your local paint store for a product that will work well in a sprayer ($300).

No matter how you apply paint, let it dry for a day between coats. You’ll probably need two to three coats, so check the long-range weather forecast before you begin.

Create The Home Office Of Your Dreams

Whether you work full-time at home or occasionally, need to conduct business in the evenings or on the weekends, a home office a great way to utilize an extra room. A dedicated workspace in your home can be designed to increase productivity and comfort. Here are 5 ideas to get you started.

1.  A Good Chair

Invest in a good office chair. Investing in an ergonomic office chair is essential. You may be spending anywhere from 30 to 50 hours a week sitting in it, so your back will thank you. Purchasing one with multiple adjustments is ideal so it fits you just right.

2. Good Lighting

Switch up your lighting. Fluorescent lighting has been proven to be hard on the eyes. Make the switch to LED or halogen light bulbs in your home office and try to let in as much natural light as possible. Also, consider finding a desk lamp to reduce headaches and eye strain.

3.  A Neat Workspace

Keep essentials in reach and organized. Nothing says productivity like a clean, neat workspace. Select a desk with a lot of storage or install creative shelving to keep items like pens, pencils, extra batteries, calculators, notepads, and more stored within arm’s reach.

4.  Choose The Right Color

Decorate bright. Pick a color you love and use it to spice up the room. Use cheery yellow or red or relaxing tones like green and blue, instead of beiges and browns.

5.  A Great View

Aim for the view. If possible, place your desk so you are facing a window instead of a blank wall. Natural light can do wonders for staying alert and you can give yourself a short mental break when necessary by looking to the outdoors.

Home Warranty Vs Home Insurance

When purchasing a new home, it’s important to do in-depth research on all facets of the homebuying process. One thing you’ll need to understand is how to best protect yourself and your investment if anything were to go wrong. Check out the information on home insurance versus home warranty below to educate yourself on your options.

Home Insurance

Homeowners insurance pays for any accidental damages and loss that are caused by fire, lightning strikes, windstorms, and hail, however, damage from earthquakes and floods is typically not covered. It also covers the replacement of personal property in case of theft or damage and liability if a person were to get injured in your home or on your property. According to American Home Shield, the average annual cost of a homeowner's insurance policy ranges between $300 and $1,000, and the bank usually asks you to obtain a policy before the mortgage is issued. Make sure to keep in mind that each type of coverage in the policy is subject to a limit and, in most cases, you will have to pay a deductible.

Home Warranty

A home warranty is designed to cover the cost of repairs and replacements of larger appliances and crucial systems in your home that may fail or break due to age and wear and tear. This includes but isn’t limited to HVAC, electrical, or plumbing components, kitchen appliances, and your washer and dryer. With a home warranty, you are required to pay premiums year-round, even if you do not use it, and it won’t cover damages if appliances were not maintained properly or if the damage is from a fire or other disaster.

The bottom-line difference with regards to warranty vs. insurance is that insurance covers unexpected events that lead to damage, while warranties cover events that are somewhat expected, such as the aging and ultimate breakdown of appliances and systems.

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4 Ways To Remove Scratches From Wood Floors

Dogs chase kids, pans drop, chairs scrape, and soon you must repair wood floors and erase scratches that make a mess of your red oak or Brazilian cherry. 

A professional floor refinisher will charge $1 to $4 per square foot to apply a new coat of finish. No worries. We’ve got inexpensive ways to remove wood scratches and repair deep gouges in a few easy steps.

#1 Use Crayons and Sharpie Pens to Hide Small Scratches

Take some artistic license to hide minor scratches in wood floors by rubbing on stain-matching crayons and Sharpie pens. Wax sticks, such as Minwax Stain Markers, are great scratch busters because they include stain and urethane, which protects the floor’s finish.

Don’t be afraid to mix a couple of colors together to get a good match. And don’t sweat if the color is a little off. Real hardwoods mix several hues and tones. So long as you cover the contrasting “white” scratches, color imperfections will match perfectly.

#2 Use Homemade Polish to Camouflage Scratches

Mix equal parts olive oil and vinegar, which work together to remove dirt, moisturize, and shine wood. Pour a little directly onto the scratch. Let the polish soak in for 24 hours, then wipe off. Repeat until the scratch disappears.

#3 Spot-Sand Deep Scratches

It takes time to repair wood gouges: Sand, fill, sand again, stain, and seal. Here are some tips to make the job go faster.

• Sand with fine-gauge steel wool or lightweight sandpaper.
• Always sand with the grain.
• Use wood filler, which takes stain better than wood putty.
• Use a plastic putty knife to avoid more scratches.
• Seal the area with polyurethane, or whatever product was used on the floor originally.
• Apply the polyurethane coat with a lambswool
  applicator, which avoids air bubbles in the finish.

#4 Use Wood Putty to Fill Gaps

Old floorboards can separate over time. Fill the gaps with colored wood putty. Or, if you have some leftover planks, rip a narrow band and glue it into the gap.

Remodeling A Home

Have you been dreaming of a remodeled home?  Is your kitchen outdated, your landscaping overgrown, or unusable basement space?  The first thing to consider is how you are going to finance it.  Here are the most common options to make your dreams become a reality.

CASH

Paying cash is the most straightforward option, just save enough money until you have enough for the expense.  This will limit spending outside your budget; however, it can also extend your timeline.

MORTGAGE REFINANCE

If you've been making payments on your home for a few years and your interest rate is higher than current market rates, you may be eligible for a mortgage refinance, reducing your payments and freeing up some of your money.

CASH OUT-REFINANCE

You can tap into your home equity and borrow up to 80% of your home's value to pay off your current mortgage plus take out more cash to cover the renovations.  This option is encouraged only when you are making improvements that will increase the value of your home, as it can add a lot of interest and fees.  

HOME EQUITY

Getting a home equity line of credit allows you to borrow money against the value of your home.  You receive up to 80% of the value of your home, minus the amount of your loan.

RETIREMENT FUNDS

Homeowners can consider pulling money from a 401k or IRA account, even though they aren't specifically meant to cover a home renovation.  This option might incur additional penalties or tax payments, but maybe worth it when making improvements that will benefit them financially in the long run.  

If remodeling is not what you want to do and buying a new home or a resale home is better for you then give me a call.  I'm happy to help you find the home that fits your lifestyle and dreams.

Moving To Another State Checklist

Are you moving to another state and don't know where to start?  Here is a checklist that might help:

1.  Find a Realtor
Contact a local realtor  (or me) to help you find an agent in your new location.  By doing this, your referring agent will:

• Find an agent to suit your personality
• Find an agent who is ethical, knowledgeable, and experienced 
• Find an agent who knows the area
• Find an agent who specializes in the niche you are interested in ie: patio homes, neighborhood, seniors, condo's, first time home buyer, etc

2.  Secure Your Living Arrangements

You should never move without having a home to go to first.  If you can't visit the state you are moving to, do so online and with your realtor.  It's very important you thoroughly research the cost of living, the safety and culture of the neighborhood as well as realistic expectations.

3.  Contact Utility Companies

Contact your service providers early, and let them know you want to transfer your utilities to a new address.  Schedule a date, preferably the day after you move in, for installation or activation.

Having internet, TV, and a security system will greatly help you ease into your new environment.

4.  Change Your Mailing Address - Before You Move

You'll want to change your address with the Post Office before you leave, so your financial records and important documents aren't being delivered to your old address.

• Immediately start forwarding your mail if no one is at your new address
• You can rent a P.O. Box in your new location

5.  Pack the Essentials

With the high cost of moving, it's best to save money by packing items you know are essential and valuable to you.  When packing, remember to:

• Label boxes by room instead of listing what is inside 
• Create a video for your inventory
• Clean out the refrigerator
• Pack important documents and identification cards to keep with you

6.  Moving Day

You will need some cash and essentials for moving day.  

When you move everything into your new house, you might need a little time to unwind before you start unpacking.  Therefore, having a day's worth of essential items in an overnight back will benefit you.

7.  Establish Residency for Legal Reasons

Once you've moved in, you'll need to establish legal domicile for tax and voting purposes.  Every state has different rules and requirements for residency, but most states ask that you live in the state for at least 6 months.   Other things you'll be expected to have to establish residency are:

• A real street address, not a P.O. Box
• Relinquished residency in your previous state
• Bank account in the new state
• Important documents transferred to the new address
• Taxes paid in the new state

8.  Update Your Driver's License and Vehicle Registration

We all know how much of a hassle the Motor Vehicle Agency can be. To avoid long lines, schedule a time on or around your move date.

Bring necessary documents to apply for a new state driver's license, such as your current license, proof of residency, and social security card.  Certain states have different requirements so check local DMV's website for more information.

In addition to transferring your license, you must also update your vehicle's title, registration, and license plates.  Once transferring the appropriate documents for your vehicle, you must also have it inspected in your new state.  Finally, check that your auto insurance is registered in your new state.

There is so much to do when you move.  I hope this helped you and if you need a good Realtor in the area you are moving to, please reach out to me.  I'm happy to help you and be your Real Estate Resource.