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About The Siuslaw news. (Florence, Lane County, Or.) 1960-current | View Entire Issue (April 16, 2016)
SIUSLAW NEWS ❚ SATURDAY, APRIL 16, 2016 3 C OPB: FINANCING HOME IMPROVEMENTS ou have the vision, you have the design. You’ve selected a con- tractor and set your goals. Next step? Turning your dream home into a reality. If you’re lucky enough, you may have enough cash saved up to cover the expenses. But if you’re like most of us, you’ll probably need a little help. The first thing you will want to do when looking to finance a home improvement is sit down, grab a cup of cof- fee, and review the project budget. Once you have a firm grasp of how much your reno- vation is going to cost, calcu- late how much you can afford to contribute out of pocket, and how much you will need to borrow from a financial institution. Y eral other than your home You will need to be equity to secure the loan. comfortable with the Home Equity Loan — extra expense of repay- Commonly used to ing a home improvement finance large expenses loan, which will be a cost such as home repairs and that is in addition to your expansions, a Home current mortgage pay- Equity Loan allows you ment. to utilize your current When determining if Kim Erickson Mimi Teachout home equity as collateral you can comfortably Oregon Pacific Bank: in exchange for a single term repay the financing for your Construction Loans — loan to finance your plans. planned renovation, be sure to Home Equity Line of take a look at all the different You may be looking to go loan options available to you. beyond a simple renovation Credit — Commonly known Your mortgage lending officer and build your dream home as a HELOC, this financing from the ground up. should be able to help you option provides you with a Home Improvement Loans line of credit from which to find a program that fits with — We offer a variety of term your current life-style and borrow funds up to a certain loans that can cover anything financial situation. limit, much like a credit card. from a simple paint job to an You can find funding for Like the Home Equity Loan, all-out remodel. A home your home equity is used as your home improvements improvement loan is based on collateral to secure the line, through a variety of financial institutions, but here are a few a variety of qualifying factors but allows for more flexibility and can use sources of collat- and you only pay interest each options we offer here at Goodmans’ Floor Covering team spans 4 generations Although Goodmans’ Floor Covering celebrat- ed its 25th anniversary last year, the roots of the business began approxi- mately 50 years ago and have spanned four gener- ations. Julie Goodman’s dad, John L. Getz, was a part- ner of Malibu Carpet Mills in the 1960s and 1970s. “I always wanted to be his secretary when I grew up,” Julie said. Wayne began installing flooring in the 1970s. It was a natural progres- sion to open the retail store in 1990. Throughout the years family has always been involved. Julie’s brother has been a lead installer for almost the entire time. “Our children and nephews have worked on and off in the business. And, now grandchildren are often here helping out,” Julie said. “We truly have been blessed.” month on the amount drawn. Interest on the Home Equity Loan and Home Equity Line of Credit may be tax deductible. Oregon Pacific Bank suggests you consult your tax advisor for eligibility. If you would like to know more about our mortgage lending options at Oregon Pacific Bank, you can visit us online at http://opbc.com/ personal_mortgageloans.html. You can also contact our local lending officers, Kim Erickson, VP and Manager of Residential Lending, by phone: 541-902-9807 and email: kim.erickson@opbc .com, or Mimi Teachout, Residential Loan Officer, by phone: 541-902-9815 and email: mimi.teachout@opbc .com. HOW TO MAKE SPRING PROJECTS MORE ECO-FRIENDLY The arrival of warmer weather means different things to different people. Some anticipate opportu- nities for outdoor fun, while others may be con- sidering redecorating or remodeling their homes. For the latter group, home improvement season pro- vides a great opportunity to make homes more eco- friendly. When planning home improvement projects, it’s best to first choose a proj- "Anywhere Else and You're Just Playing with Fire!" Barbecues • Woodstoves • Fireplace Inserts • Maintenance Firepits • Ductless, Tankless Water Heaters All Your Hearth and Grill Accessories! 7th & Chambers • Eugene •(541) 343-1131 www.midgleys.com CCB# 161946 ect and then look for ways to make the project more environmentally friendly. Such an approach may not only benefit the environ- ment, but it also may ben- efit homeowners’ bottom lines. look for products made from sustainable or organ- ic fabrics. Hemp and bamboo textiles have grown in popularity. Hemp and bamboo plants grow quickly, and their durability makes these materials smart choices. When replacing items Interior decorating Longer days and around the house, donate warmer temperatures older items to a charitable often translate into want- organization. ing to freshen up the inte- rior of a home. Heavy Flowers and plants draperies and comforters Spring and summer call are put away, and lighter to mind beautiful bloom- fabrics are taken out of ing plants. Relying on storage. Whenever possi- native, sustainable plants ble, reuse or repurpose is practical, environmen- items you already have tally friendly and cost- rather than purchasing effective. new items. According to the Longer drapes can be cut National Wildlife and hemmed to be used as Federation, sustainable window treatments in other plants are native plants. rooms. Making a patch- Native plants sustain local work blanket out of old T- wildlife more effectively shirts is a crafty project that than non-native alterna- makes use of items that tives, so include native would otherwise be des- plants in your sustainable tined for landfills. garden. Native plants also When laundering are less reliant on pesti- linens, skip the energy- cides and herbicides to using dryer and let items keep them healthy and line dry in the sun and viable. fresh air. If you decide to Don’t forget to bring purchase some new items, plants indoors as well. Even Mark & Co. The Window Company Your Neighbors Recommend FREE ESTIMATES Licensed • Bonded • Insured Check out local incentive programs with the power company. Mark C. Seery Owner CCB #119715 Eddie Osorio (541) 590-0288 Insured & Bonded Eugene Office 689-2830 www.markandcowindows.com Greg Bishop Cell 541-297-0392 • Email: greg@coastpavement.com Asphalt Seal Coating • Asphalt Repairs • Parking Lot Sweeping Parking Lot Striping • Crack Filling • Pressure Washing • Tennis Courts 125 Sandpiper Ct. • Florence, OR 97439 License #209381 • Matrix Dealer #105 “WE WILL MEET OR BEAT ANY LICENSED/BONDED CONTRACTORS PRICES!” Call for a FREE ESTIMATE 541-902-2256 “We’ll Seal You Later!” CCB# 205230 though you may be opening the windows more, indoor plants can filter and purify indoor air. The NASA Clean Air Study, led in association with the Associated Landscape Contractors of America, found that cer- tain common indoor plants naturally remove toxic agents such as ben- zene, formaldehyde and trichloroethylene from the air. Efficient air cleaning is accomplished with at least one plant per 100 square feet of home or office space. Proper disposal Spring cleaning is another tradition for many families come the end of winter and dawn of spring. Many people use spring as a time to go through closets and garages to remove items they no longer use or need. In an effort to clean up fast, some people may dispose of chemical prod- ucts, paints, treated lum- ber, and many other items in ways that can be dam- aging to the environment. Always learn local municipal guidelines for proper disposal of poten- tially harmful products. Area recycling centers may have drop-off areas for stains and paints, used motor oil and other poten- tially harmful products. Before discarding something, see if it can be donated or sold. This will result in fewer items end- ing up in landfills. Exercise caution out- doors as well. Runoff from cleaning products used on home siding or driveways can leach into the sur- rounding soil or find its way into sewage drains that ultimately direct fluids to public waterways. Choose environmentally responsible products whenever possible. Springtime renovation and cleaning projects pro- vide the perfect opportu- nity to adopt eco-friendly practices that pay divi- dends for years to come. —Metro
