Remodeling can be a confusing and stressful process, with most of the stress centering around the amount of money involved and the complex nature of construction projects. Knowing and following these tips to manage the finances of your home remodel can save you from major headaches -- or disasters -- down the line.
March 16 of this year I received a letter from Bank of America: "Although you have missed several of your monthly payments, it is not too late to get help. Please act quickly before time runs out." I suppose 40-odd missed payments can safely be counted as "several." But time running out? Methuselah should have such a surplus.
In July 2011 my husband and I hired a general contractor and an interior designer to renovate our summer home in East Hampton, New York. Our plan was to get rid of all of our furniture and fixtures and completely redecorate every room from floors to windows to walls. We would also gut the outdated kitchen and bathrooms. After several weeks of discussing our design plans we handed the key to the contractor and left for our home in San Francisco. Nine months, 1000 emails and 50 phone calls later, we came back to our beautiful home which had undergone a major transformation.