The Average Cost of 5 Common Home Repair/Improvement Projects


House Repairs - Paramount Equity®Home repair is essential for bringing your house up to code, to remodel a “fixer-upper” or prepare for a life style change. The average cost for home repairs depends upon the quality of materials used, project size and locality. Home repairs create a more healthy living environment and add great value.

“How much do home repairs cost?”

You should visit your local hardware or home improvement store to price various materials. Experienced carpenters will give you an estimate based upon the area or the project. You will need to know how much money you need for your home repair loan application.

When you are buying a home, you should also calculate how much home repairs will cost. Improve your living environment with a good home repair.

Here are the average costs for 5 common home/outdoor repairs and/or improvement projects: (more…)

Read More »

Upgrades That Increase the Value of Your Home


Upgrades for homes - Paramount Equity®Home values are used to determine the maximum loan amount for residential properties. Most lenders will extend a loan based on an allowable percentage of a home’s value. In exchange for an ownership interest, a bank or mortgage lender might offer you a home loan. Certain upgrades that increase the value of your home might enable you to procure a more attractive loan.

Increasing the Value of Your Home

Some home improvements may be aesthetic or required for maintenance and repairs. (more…)

Read More »

Roof Repair 101

Paramount Equity® Roof Repair

Roof Repair - Paramount Equity®Repairing your roof is often very easy. With some basic knowledge, homeowners can identify the causes of common roofing problems and fix the issues by themselves. Understanding basic roof repair can also help homeowners know when to call for roofing service. Homeowners can handle simple repairs by themselves. They should call roofing specialists if they identify more serious damage.

1. Leaks

Minor leaks are common roof problems that homeowners should not ignore. When these leaks are left unrepaired, they may cause major damage to the roof and other parts of the house. Homeowners can repair leaks in many ways. One good way to stop leaks is covering them with a tarp. Although this is just a short-term solution (more…)

Read More »

DIY Roof Repair

DIY – Roof Repair - Paramount Equity®

Roof repairs can cost you a lot of time and money if you are not careful. Because your roof is one of the most crucial parts to your home’s structural integrity, you do not want to mess it up and cause undue leaking and other disastrous effects. At the same time, you may not be in a position to call a professional contractor to fix your roof every time a little leak or small snafu appears. Never fear. Here are some tips for DIY Roof Repair, the safe and cost efficient way.

1. Know what you are looking for 

Rule number one of DIY Roof Repair is to know exactly what it is you’re trying to repair. You need to assess the situation. Is it a simple leak? Is your home suffering from wind damage after a large storm? Is typical weathering wearing away at the exterior of your roof? Knowing what problem you are handling allows you to best assess what steps to take (more…)

Read More »

Dealing With a Leaky Roof

Dealing With a Leaky Roof

When you are a homeowner, you will be presented with a lot of different challenges that you did not quite expect when you first bought your house. One of those challenges is waking up to a leaking roof in the middle of the night during a rainstorm. Dealing with a leaky roof is something that no one ever expects, but a lot of people have to do it every year. Here are a few tips on what to do if your roof starts leaking.

Call the Insurance Company

One of the first things that you should do is call your insurance company. In some cases, your roof will leak because of damage from a storm or a tree limb. If something happens to your roof to cause it to leak, then the insurance company will cover the damage in most cases. (more…)

Read More »
Copyright © 2003-2020 Paramount Equity® Blog. All rights reserved.
"Paramount Equity®", "Paramount Equity Mortgage®" and "Savings Made Simple" are trademarks of Paramount Equity Mortgage®, LLC.

Paramount Equity Mortgage®, LLC is licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, License #4170047; Arizona Mortgage Banker License #0922160, NMLS# 30336; regulated by the Colorado Division of Real Estate NMLS# 30336; Connecticut - Connecticut Mortgage Lender License # ML-30336; D.C. - Mortgage Lender License #MLB30336; Florida Mortgage Lender Servicer License # MLD 898; Kansas - Kansas licensed mortgage company License # MC.0025206; Maryland - Mortgage Lender License # 21172; Nevada Mortgage Banker License #3919; Licensed by the N.J department of Banking and Insurance NMLS#30336; Oregon Mortgage Lender License #ML-3256; Texas – Paramount Equity Mortgage®, LLC NMLS #30336; Utah DRE Mortgage Entity License #6967176; Washington Consumer Loan Company License #CL-30336; and Wisconsin – Wisconsin Mortgage Banker License #30336BA; NMLS ID #30336.