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TRADE WINDS




                                                                                preferences aside and focus on current
                                                                                home trends. Kitchen and bathroom
                                                                                revamps can be costly but make the
                                                                                biggest impression on potential buyers.
                                                                                “Renovating kitchens and bathrooms
                                                                                show the best return on investment,” says
                                                                                Tucker. Look at improving the cabinets by
                                                                                replacing or repainting them, and putting
                                                                                in long-lasting easy to clean counters,
                                                                                fresh hardware, sinks, backsplashes,
                                                                                warm and practical floors and efficient
                                                                                and eco-friendly lighting.
                                                                                  First impressions count, so put some
                                                                                money aside to create an appealing
                                                                                garden  –  minimalist,  indigenous
                                                                                where possible, water wise and low
                                                                                maintenance gardens are the current
                                                                                trend. If you have a green thumb, you
           as this is going to be costly and time-  And if you need, get references before
           consuming to fix,” shares Tucker.  committing. Contractors are great for   can do this yourself, or hire a landscaper
                                              any structural changes like doors and   if the budget allows.
           Secure your funds                  windows, and they have knowledgeable   Paint the boundary walls and home’s
             Once you know what you can afford   on  building  regulations,  but  if  you  like   exterior in a colour popular with
           to invest and have found the property   you can appoint yourself as the main   homeowners now – do some research
           you’d like to buy, you will need a bond   contractor and rely on professional input   in your neighbourhood or speak to
           originator, like MortgageMe, to help   from your subcontractors. Always be   your local paint shop to get their advice.
           you to secure a loan. They can also offer   aware of hidden costs and decide on the   Another  immediate  upgrade  is  new
           advice on how much you can spend on   most important upgrades to transform   flooring, with vinyl plank flooring
           renovations to gain the profit you’re after   the house.             popular in many homes nowadays due to
           when you’re ready to sell.                                           its great appearance, wide variety of styles
             Acquiring a loan for a second home you   Be aware of home trends   and affordability.          dw
           plan to flip is a little different to acquiring   When  you  start  renovations  and
           one for a home you intend to live in and   redecorations,  rather  put  your  own   www.mortgageme.co.za
           some of the procedures may be a little
           different, which the MortgageMe support
           team  will guide  you through.  Keep  in
           mind  that  if  you  live  in  your  flip,  you
           will only pay one mortgage and finding
           finance may be easier. By doing this you
           can also take your time renovating and
           save money in the long run by finding the
           right contractors.

           Assemble a dream team
             You’re not going to want to go into
           this on your own, however appealing the
           cost savings may be. A team of experts
           will make the journey less laborious and
           possibly  more  cost  effective  in  the long
           run.
             Look  around  for  reliable  and
           competent subcontractors in the form
           of builders, architects, electricians,
           plumbers, painters, handymen and
           landscapers, and get many quotes to
           compare prices. Get recommendations
           from friends or neighbours who have
           used  these  subcontractors  before.





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