Posts Tagged ‘money’

Baseboard Thoughts

Written by creatingyourspace on . Posted in Design and Decorating

In most situations people don’t pay attention to their baseboards beyond wiping them down a few times a year. However if you’re changing the look of your home, you may want to determine whether your baseboards should be replaced.

If you want your contemporary home to take on a more old-style look, molding is one way to add architectural character without spending a lot of money. Crown molding, window and door frames and baseboards can be replaced in just a few days. The molding in this photo is common in older homes. It is about twice the height of newer baseboards and has more character along the top.

Painted molding such as this will work with virtually any floor, even wood as you can see from the photo. It’s more important that your molding is consistent throughout the house than that it matches your floors. White painted molding – generally in a glossier finish than the wall paint – has a classic look that sets off a traditional decorating style.

In modern homes, baseboards are better when they’re simpler and less noticeable. Often homes with tile floors will have baseboards actually created from the tile cut into three or four inch strips. That way the baseboard has a natural connection to the look of the floor and doesn’t demand attention. This style works well with the clean lines of modern furniture.

What look do you want your home to have? As you plan, consider details such as baseboards to ensure that your rooms are design-consistent throughout your home.

Multigeneration House: Sharing With Adult Child

Written by creatingyourspace on . Posted in Uncategorized

It’s not unusual for an adult child to move back into your home for a short time. They may want to save money for a home of their own, need a place to stay for a few months before moving or getting married, want to go back to school, or just want to retrench and get ahead on debts. All of these are good reasons for the decision, and with a little planning on your part, it can work very well for everyone. Consider these issues:

  1. Negotiate an agreement with your child before the move. It should include a time-frame for the stay, how much money your child will put aside each month to reach their goals, any expenses they will cover, and any responsibilities they will assume. Responsibilities should include their own laundry and taking care of their own dishes and in general cleaning up after themselves. You really don’t want them to fall into any frustrating patterns that occurred when they lived at home before, so address those as part of the agreement. Also negotiate real consequences for not meeting the agreement.
  2. Choose the space that will be given to your child. It does not have to be the same bedroom they had when they were younger. While you don’t want to redecorate a space for this temporary stay, you may want to encourage your child to make the space feel like their own. An area rug can address flooring issues, and will be a nice addition to their new home.
  3. Remember that your child has been on his or her own and you no longer have the authority to parent the way you did when they were in high school. Focus instead on any issues that affect your comfort such as coming in quietly late at night or keeping you informed on whether they plan to be home for a meal.
  4. This is a unique opportunity to spend time with your adult child. With expectations met and understood, you may find yourself enjoying their stay very much.

Find the Right Home for You

Written by creatingyourspace on . Posted in Holidays

When you plan to buy a home, the process can seem overwhelming. Here are a few suggestions as you begin the process to make your search more successful.

Start with money. Talk to your bank or a mortgage broker to see how large a mortgage you can qualify for. Then take that number and factor in any additional expenses or spending preferences you won’t compromise on for a home. Take that monthly figure, and start saving the difference between that and what you’re already paying. This will allow you to “practice” paying the mortgage while you can still make adjustments, and the extra money will be helpful for unexpected expenses when you move.

Next, determine what kind of home you want. Do you want a new home or a resale? Are there certain neighborhoods or areas you want a home in for convenience to work or schools for your children? Start listing the most important factors. If you and a spouse/partner are buying a home together, make separate lists and figure out your priorities before you start looking.

New home builders have models to view. Be sure to include association fees and the cost of any upgrades you want. Also check into their financing. You might be able to get a better deal with their mortgage broker. You don’t really need a realtor with a new home purchase.

If you want a resale, start visiting open houses. This will give you a better idea of what homes look like in the neighborhoods you like and how much house you can buy in various locations. Only engage a realtor after answering those questions. That will make the search easier and quicker for both the realtor and you.

Finally, don’t get distracted by cosmetic characteristics in resale homes. Paint, flooring and light fixtures are easy to replace. Look at a home’s room size, arrangement and location. Pick a home that speaks to you, and then make it into a home that matches your style.