Tuesday, January 12, 2010

Remodeling - How to Make it Pay

"There could be one upside to the real-estate implosion. Plunging prices finally could shatter our national delusion that home improvements are somehow an "investment" in our homes.

Think about it:

  • With a real investment, you commit your money and hope to make some kind of profit.
  • With remodeling, you're all but guaranteed a loss.

Even at the real-estate market's peak, most remodeling projects didn't pay for themselves."

For the rest of this article by Liz Pulliam Weston of MSN Money, click here: http://tinyurl.com/ydyjbu9

If you can't access the article, let me know and I will try to find it for you. rich.chambersABC@gmail.com Spam prevention: Remove the ABC from the email address before using it to email to me.

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