6 benefits of installing a new exterior door

6 benefits of installing a new exterior door

The front, or exterior door, is one of the most essential elements of a home. Apart from making a first impression on people who walk up the porch, the door also affects other aspects like a home’s energy efficiency, security, and comfort. An exterior door is subject to wear and tear and will eventually require attention. While it may be possible to repair the existing door, replacing it with a new exterior door can have various benefits.

Enhanced home security
The front door is the first line of defense against intruders. If one upgrades the exterior door, one could consider a more secure option and a better frame than their older door. The upgrade could give homeowners and other family members an  enhanced sense of safety and security. One could also make other additions to improve security, such as installing new door locks, automatic lighting to ensure the front area is well-lit to detect movement, and installing security cameras.

Improved appeal
Since a door is the first thing people see when they walk up to a home,  looking at an old, worn-out entryway may  not  be  appealing .   Installing a new exterior door could help improve the overall aesthetic of the front of the home and make guests , as well as  family members feel good about walking through the upgraded structure.

Improved energy efficiency
Old exterior doors, particularly  wooden options, and their associated framing might deteriorate with time.  This  could create gaps for drafts, consequently affecting one’s heating and cooling. Because of this, one might see higher energy bills with each passing month. Replacing this with a new entry door and framing will help plug these gaps, reduce drafts, and lower the monthly energy bills.

Easy accessibility
Most older doors  sit within a narrow frame , making moving in and out of the space difficult.  Further, taking  furniture in could also be troublesome. With a new exterior door, homeowners can make it as diverse as possible. For instance, during installation, one could opt for a wider door with zero clearance threshold and  trading  steps for ramps, making it easier to handle baby strollers, wheelchairs, or walkers.

Low maintenance costs
While one could continue to use an old door, the worn-out material could require regular maintenance, especially with a wooden option. This door type also absorbs lots of moisture and requires resealing or painting every few years. Instead, one could go for a steel and fiberglass door,  which is less susceptible to warp or rot. The benefit of installing such a new exterior door is that it is less likely to need repairing than its wooden counterparts, which could help reduce maintenance costs.

Improved home value
Changing the exterior door could improve the home’s overall appeal and subsequently increase the property’s value. For instance, reports show a new steel entry door had over 65% return on investment (ROI). Plus, an appealing front door could attract potential buyers, increasing one’s chance of selling the property.

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Mistakes to avoid while using a vacuum cleaner

Many people use vacuum cleaners but still can't figure out how to use the appliance properly. If you don't use a vacuum cleaner the right way, you'll never get the desired results, plus you'll end up damaging the machine. Regardless of the type of vacuum cleaner you own, there are certain mistakes you must avoid while using it to improve its efficiency and longevity. Read on to know what these mistakes are. Emptying the dust bag only when overfilled Although inconvenient, it's necessary to empty the dust bag well before it's full or after each use. If you operate a vacuum cleaner while its dust bag or container is full, performance drops drastically. It doesn't pick up dust and dirt as effectively as it can. Moreover, a full dust bag can restrict airflow within the appliance, increasing the risk of overheating and damage. Don't want to empty the dust bag frequently? Consider buying a vacuum cleaner with a bigger dust bag. Assuming it's broken If your vacuum cleaner stops working suddenly, that doesn't necessarily mean it's broken. Vacuum cleaners often lose suction when the dust bag is full, or the hose is clogged. Also, many models today come with a feature that makes the appliance shut off automatically when the motor becomes too hot. This is to prevent further appliance damage and hazardous incidents. Empty the dust bag and clean the filter, hose, and brush roll to restart successfully. Vacuuming everything It can be hard to resist the urge to vacuum just about anything and everything when in a hurry. This is one of the costliest mistakes vacuum owners make! Most vacuum cleaners are designed to pick up everyday dust and dirt. Running them over small, hard objects, such as a penny or screw, can seriously damage or even break the appliance. You must also avoid trying to suck up water or other liquids, as it ruins the motor and can cause an electric shock. Using baking soda to pre-clean or deodorize Many homeowners use baking soda to remove resilient stains and get rid of odors from carpets and upholstery. While that may be effective, it's not advisable to run vacuum cleaners over surfaces rubbed with this chemical compound. The tiny baking soda particles can clog the filter over time, making the machine work harder and decreasing its longevity. Operating with the wrong attachments Not getting the desired vacuuming results? Maybe you're using the wrong attachment or not using one when required. Most vacuum cleaners come with dusting brushes, crevice tools, and sundry attachments to clean hard-to-reach areas, such as ceilings or under the furniture. These attachments also eliminate dust and allergens from spots homeowners overlook, such as light fixtures, baseboards, lampshades, and furniture upholstery.

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4 benefits of home appliance warranty plans

Home appliance warranty plans (or home warranty plans) are contracts between homeowners and warranty companies in which companies cover the repair or replacement of damaged home appliances. The plans typically cover major home appliances as well as electrical, plumbing, and HVAC systems. While the coverage details differ from company to company, home appliance warranty plans are generally beneficial for homeowners. Understanding their advantages can help homeowners decide if they should get a home warranty plan. Key benefits 1. Helps save money on repairs Appliances are indispensable for households today, so when they break down, it can be a major inconvenience. The breakdown of key appliances becomes even more troublesome when one finds out how expensive their repairs can be. Also, getting a new appliance can be a hassle. With a home appliance warranty plan, however, one does not have to worry about these costs. The warranty plan covers the expenses of repairing as well as replacing the malfunctioning appliances, helping reduce the financial burden of the homeowners. 2. Offers convenience in repairs One of the biggest advantages of home appliance warranty plans is that they make the process of getting repairs done easier. Usually, when an appliance breaks down, one will have to spend some time looking for a reliable technician who can fix it. A home appliance warranty plan eliminates that problem. So, when the appliance covered under the plan breaks down, all one needs to do is contact the warrant company and share details regarding the damage. The company will then send its own professional to carry out the repairs. So one can be assured of getting reliable professional services and save time looking for a technician. 3. Covers multiple major appliances The costs of repairing one major home appliance can be high, so if multiple appliances break down, it can be a huge financial burden. This is another problem a home warranty plan addresses. The plan will offer coverage for multiple essential appliances, like refrigerators, washing machines, and ovens, which are required for carrying out daily tasks. So, one does not have to worry about home systems breaking down and disrupting their daily routines. One can easily get repair and replacement services for multiple appliances with just one plan.  4. Extends the lifespan of appliances The technicians that home warranty companies typically hire for fixing broken appliances tend to be extremely skilled and experienced. So, while carrying out repairs, the technicians can also spot and fix additional issues that can lead to major problems in the future. By doing so, they ensure the appliance runs smoothly for a longer period, increasing its lifespan. This also helps homeowners avoid worrying about having to purchase new appliances anytime soon.

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4 tips that can help you pick the right investment advisor

4 tips that can help you pick the right investment advisor

An investment advisor can be a game-changer. A capable advisor can help solve most of your financial issues and give you the best investment advice so that you can turn market situations to your favor. But, finding the right investment advisor is not easy. Here are a few things you need to keep in mind while looking for the best investment advisor. Know what type of service you need First, you need to decide what kind of financial assistance you need. Do you need help picking investments? Or are you seeking advice on real estate, retirement, or insurance needs? Asking yourself these questions will help determine the type of investment advisor you are looking for. Nowadays, many people use a robo-advisor, which is as competent as a human investment advisor. A robo-advisor is great for investment management and other basic investments. But if you want substantial transformation in your money-situation, a human advisor is the viable option. Choose a fee-only advisor If you’ve decided to pick a human advisor, the next step is to choose the type of advisor: commission-based, fee-based, or fee-only. If you’re planning something big financially, you must pick a fee-only advisor. Such advisors work for and get paid by other clients like you, so they always act in their clients’ best interest.
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Handy tips for retirement-focused investments

Handy tips for retirement-focused investments

With pension plans becoming more and more obsolete, retirement-focused investments have come to the fore in the past few years. Besides helping you fund your future, these valuable assets also provide incredible gains, and in some cases, constant income till the end of life. Since investing for retirement—and planning it—can prove to be challenging, we have put together a list of tips that may be helpful in the process. Assess your options Multiple investment vehicles are ideal for long-term gains and can return a sizable amount by the time you retire. Mutual funds, stocks, bonds, exchange-traded funds, cash investments, annuities, and dividend reinvestment plans (DRIPs) are also good sources of high returns, although they depend on investor characteristics and risk aptitude. Saving money in certain tax-advantaged accounts such as 401(k), individual retirement accounts (IRA), and brokerage accounts is also an option. Start early and young No one is ever too young to invest. It’s a healthy habit that can earn serious money in the long term, with even the smallest of investments capable of making a difference a few years down the line. Starting early gives your money time to grow and lets you accumulate more compound interest over a period of time.
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4 popular credit cards for college students

4 popular credit cards for college students

A good credit score is essential as it can be a criterion for lucrative job prospects or renting an apartment. Moreover, a good credit score is an uncompromisable necessity while applying for a loan that has terms and conditions that favor you. To ensure that you have a good credit score, it is better to start building it young and early. One of the easiest ways to do so is by applying for a student credit card from prominent credit cards companies. Now, there are several credit cards companies that offer lucrative credit cards, making choosing the right one confusing. To help you narrow down your choices, here are some of the best credit cards companies that offer student credit cards. Bank of America® Travel Rewards Credit Card for Students: One of the biggest credit card companies in the country Bank of America offers a slew of benefits with its student credit card. With each dollar spent using this card, students can earn 1.5 points. This applies to purchases without any caps. The points can be redeemed as discounts on hotels, flights, rental cars, and vacation packages. There are no restrictions or blackout dates applicable for availing these discounts. With no foreign transaction fee or annual fee, the card allows one to earn nearly 25,000 points on spending about $1000 in the first 90 days.
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What you must know about guaranteed business loans

What you must know about guaranteed business loans

If you’re looking for funding your small business with a loan, you’ll most likely come across the term “guaranteed business loans.” People often misunderstand this term as business loans that are guaranteed to be approved. But, this is not what guaranteed business loans means. To clarify the confusion, let’s understand what the term actually means, and discuss the most popular types of guaranteed business loans. What are guaranteed business loans? In simple terms, guaranteed business loans in the world of small business loans refer to loans that are secured or backed by a guarantee. The guarantee can be in the form of collateral, deposit, or an agreement. This essentially means that the lender is guaranteed to receive their money back even if the borrower fails to pay. When we talk about guaranteed business loans, we refer to loans with a personal guarantee or, more commonly, loans guaranteed by the small business administration (SBA). Let’s take a look at both these types. Personally guaranteed business loans As you understand from the term “personal,” when you make a personal guarantee on a business loan, you essentially agree to sell your assets to pay off the loan, if your business is unable to do so.
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5 mistakes to avoid when investing in a high dividend ETF

5 mistakes to avoid when investing in a high dividend ETF

Exchange-traded funds (ETF) have been gaining popularity in the investment sector for some time now. Along with mutual funds, they have been one of the most preferred investment options among investors. With investors having pumped in billions of dollars in ETFs by now, these funds sure seem like a lucrative investment avenue. However, financial experts suggest treading this path carefully so as to avoid unforeseeable losses. Here are a few mistakes that you can avoid while investing in high dividend ETFs: Overlooking long-term investment Looking at long-term goals is the golden rule when it comes to any type of investment. However, seasoned investors invest in ETFs on a short-term basis through a type of trading called intraday trade. This type of trading allows the investors to buy and sell stocks and other investments on the same day. However, if not thought out carefully, investing in high dividend ETFs through intraday trading can result in lower returns and higher trading costs. Buying an ETF simply based on its name This is one of the most common mistakes people make when investing in high dividend ETFs. Investors may think that an ETF’s name provides an insight into its investment reach, i.e., whether the ETF has local or/and global investors.
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How to qualify for a reverse mortgage

How to qualify for a reverse mortgage

A reverse mortgage provides the elderly access to equity in their homes and supplements their income. With its flexible repayment option, it gives homeowners more control over their money. However, the government has laid out strict rules and guidelines concerning reverse mortgage eligibility criteria. So, if you’re considering a reverse mortgage, read on to know the reverse mortgage eligibility criteria and the types of reverse mortgages. Reverse mortgage eligibility criteria The first criterion for a reverse mortgage is that the primary homeowner must be at least 62 years of age. If your spouse is under the age of 62, you might still be eligible if you meet other reverse mortgage eligibility criteria. If you’re not 62 or older than 62, then you won’t qualify for a reverse mortgage even if you satisfy the criteria mentioned below. You must be the primary resident of the home you’re seeking a reverse mortgage for. Note that vacation homes or rental properties do not qualify. You must either entirely own the house or have at least 50% equity in it. If you have any mortgage balance remaining while applying for a reverse mortgage, you must be in a financial position to pay off that balance.
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