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They always say that investing in your home is an excellent way to add value. However, with the way it is in this economy you may be asking yourself is it really smart to make a large investment my home? Quality improvements can cost an arm and a leg sometimes. So maybe the question should be how can I maximize the value of my home while minimizing the costs? Where there is a will, there is a way. Here are some home improvement ideas that will keep your costs at a minimum, and your home’s value at its max.

Give the interior of your home a complete face lift.
o It will only cost you less than $1500 to get back that crisp, modern look by painting all the walls and rooms of your home with a fresh coat of paint. Experts say that the price of paint is usually added to your initial asking price upon selling. Along with the new paint job you may want to minimize the clutter take down old family pictures, put them in continue reading…

We have just in the last year had the largest annual fall in real estate prices, hit the highest number of delinquent mortgages measured, witnessed a record 918,000 homes taken in foreclosure, and 11.3 million home owners now own negative-equity.

Case Shiller prices fell a record 19.1 percent versus the previous year in Q1 2009. Mortgage delinquencies are at a record high 15.02 percent (Q4 2009) according to the Mortgage Bankers Association — meaning an estimated 8.4 million families do not pay their most important bill. RealtyTrac reported a record of over 900,000 foreclosure repossessions in 2009, and estimates a record 3 million homes will experience a foreclosure event this year. First American counts 11.3 million homes with negative equity, and sees an additional 2.3 million homeowners on the edge of going overboard and under water.

Every element — falling prices, mortgage delinquencies, repossessed homes, negative equity — they all hit records in 2009.

Now look at the other side of the story and the radical opposite reaction in our real estate war-of-the-worlds.

Mortgages rates hit a record low in 2009 on Freddie’s index for a 30-year fixed rate and the average 4.9% in Q4 2009 is outstanding for affordability (please see the chart above). The Fed won with low rates what Robert Shiller called in the Wall Street Journal “the most dramatic turnaround” he has seen in home-prices since starting to watch them in continue reading…