How to Find a Good Locksmith

Finding the right locksmith can be challenging. A simple Google search will return thousands of results of locksmiths in your area. Many locksmiths use creative advertising to make their services look like they are local and like they offer great deals. The truth is you may be calling a call center on the other side of the world that will dispatch independent contractors to do the job.

 

Some offer excellent deals on their website. However, when the locksmith actually arrives to do the job, the price they charge is much higher than the price they quoted on their website. The excuse they give is that their price varies depending on the lock. They count on the customer being naïve or having little to no knowledge of how locks work.

 

Unscrupulous locksmiths also count on the fact that when a person is locked out of their home, their business, or their automobile, they are in a desperate situation. They know that in desperation many people are willing to spend a higher price just to get back inside their automobile or their home.

 

How can you avoid being bamboozled by less than honest locksmiths? The answer lies in knowing what you need to have done and how much you should pay for the job before the project begins.

 

Before your locksmith begins to do any work, get a firm price for the job. If possible, have them confirm the price of the job in writing. Do not allow a locksmith to tell you that they need to raise the price because of how complicated your lock is. Most residential locks and automobile locks should be easy pickings for an experienced locksmith. It would be very rare for a person to have a lock on their home or on their automobile that requires a lot of extra effort on the part of the locksmith. If the locksmith company you are working with is vague on pricing or if they say they will not be able to give you a price until they arrive, it’s time to move on.

 

In most areas, locksmiths need a license. Get their license number, and look them up. Check online review sites for a review of the locksmith you’re considering using. Look at their ratings with the Better Business Bureau. Make sure to find a reputable locksmith. This will give you a good idea about any complaints that they’ve had or problems that other customers have had with them.

 

When you find a locksmith who you can trust, keep their number readily available. That way, when an emergency happens, you will know who to call.

Financing Options For Home Remodeling Projects

Home renovation projects are not cheap, especially if they are done the right way.  The average kitchen remodel project will cost homeowners an average of $20,000.  The average bathroom remodel will drain around $9,000 from the homeowner’s pockets, and even a coat of paint on the exterior of the home can be expensive.

Luckily, there are several different financing options available to homeowners in need of funding.  At last, that long list of “fix-it projects” can be realized.  Here is a quick overview of a few of the most reasonable financing options for home remodeling projects.

Refinance the mortgage

If the current market reflects lower interest rates than a homeowner is currently paying on their mortgage, refinancing may be a beneficial option.  As long as the homeowner is up to date on their monthly payments, refinancing should be no problem.

It may seem like a big move for a simple kitchen remodel with new countertops, but refinancing a mortgage loan when the market is more favorable for buyers could considerably lower a homeowner’s monthly payments, freeing up extra funds to be allocated on a remodeling project.

Take out a home equity loan

Replacing those old countertops with a more durable material like natural stone or quartz will raise the value of a home much more than simply applying a new coat of paint, but a job like that costs a bit more money.

Taking out a home equity loan is one of the most commonly used methods of financing a major remodeling project around the house, and they typically have a much lower interest rate than other financing options.  A home equity makes more sense if the homeowner already has a great interest rate on their mortgage, because it will not lead to a refinancing of the original loan.

Cash-out refinance

Another viable financing option for a home remodel is a cash-out refinance.  A cash-out refinance taps into the home’s built-up equity, allowing the borrower to acquire up to 80 percent of the property’s overall value.  It is a more suitable option for those who do not qualify for an equity loan.

It is strongly recommended that a person fully understand the ramifications of a cash-out refinance.  It is essentially using a home’s value as collateral for a much larger loan.  Though a remodel will add equity to the home, there is still a bottom line debt that must be paid.  Consider financing options carefully.

Take out a home equity line of credit

A home equity line of credit is a different way to borrow funds against the value of a home.  It is unlike a cash-out refinance or a home equity loan in that it does not pay off the original loan.

Instead, the homeowner is extended a line of credit on their home’s value for up to 80 percent of its worth, minus the amount the homeowner still owes on the original loan.  A HELOC should be carefully considered as it can raise the monthly payments for homeowners.