Painting? Pay Attention to the Type of Paint You’re Using:

Painting? Pay Attention to the Type of Paint You’re Using:

Don’t pass up buying a home because it requires cosmetic repairs! FHA offers the 203k  mortgage program that provides funds for repairs and/or upgrades.

Not to be confused with FHA’s full 203k program, a Streamlined 203k loan eliminates much of the paperwork and simplifies the process to obtain rehab funds. The primary function of the streamline 203k is to aid with those cosmetic or minor repairs

One “repair” that is allowed is paint.

What kind of paint is best for each room?

There’s a basic rule of thumb to follow when choosing paint sheens: The higher the sheen, the higher the shine — and the higher the shine, the more durable it will be.

Flat paint has no shine; high-gloss is all shine. In between are eggshell, satin, and semi-gloss, each with its own practical and decorative job to do. If your paint color is dark and rich but you don’t want a super shiny effect, step down at least one level on the sheen scale. That’s because the darker and richer the paint color is, the more colorant it has, which boosts sheen. Ditto if you’re painting a large, sun-washed, or imperfect wall. The higher the sheen, the more defects will show. Adding sheen typically adds to the cost, usually an extra dollar or two per gallon as you step up on the sheen scale.

Following are some great tips on painting your interior:

Getting Started

  • Size up your room. Consider its shape and size. A lighter color can make a small room feel more spacious, while a darker color can help an immense room seem cozier.
  • Take architectural details into account. Think moulding, trim, columns, and brackets. What’s attractive and what’s not? Varied intensities and hues can complement architecture, furnishings, and art. Remember, paint can accentuate a room’s features or hide them.
  • Factor in function. Will the main purpose of the room be eating, sleeping, working, entertaining, or something else entirely? A warm hue in the living room or family room creates a more comfortable and inviting atmosphere for guests than a cooler color.

Choosing a Color Palette

  • Have color confidence. Don’t be afraid to paint bold and bright. If your room is unfurnished, a vibrant color can fill it until you can.
  • Consider yourself. Paint color should reflect your mood and personality. What are your favorite colors? If you’re having trouble selecting a color, try looking in your closet. The colors you enjoy wearing are the o ones that make you feel good. You’re the one who has to live with the color so live with the shades you love.
  • Work with what’s already there. If you’ve already chosen an interior décor or if you’re working with a room that’s already furnished, focus on a favorite fabric color, piece of art or furniture, or other object.

Selecting a Finish

Before choosing your paint, think about where your room fits into the scheme of things. Where is it situated in relation to other rooms? Is it a high- or low-traffic area? What do you want to accentuate? The right finish makes a world of difference in the end result.

  • Flat. Flat paint is best suited for ceilings, areas where surface imperfections might be visible, and anywhere else that a muted low-reflecting surface is desired. Because it takes more effort to clean, a flat finish is ideal for the low-traffic areas of your home.
  • Low-luster, satin, or eggshell. Use low-luster, satin, or eggshell paint on areas where you want a sheen. Easier to clean than flat paint, they’re great for high-traffic areas such as hallways, bathrooms, bedrooms, and playrooms.
  • Semigloss or gloss. Go for semigloss for kitchens and bathrooms; choose gloss for banisters, railings, shelves, doorjambs, and windowsills. Also, keep in mind that the higher the gloss, the more it emphasizes any surface imperfections.

A qualified contractor should be able to offer advice and guidance as needed.

DISCLAIMER: Neither Indiana 203K Mortgages ( nor Luminate Home Loans is affiliated with any government agencies, including the FHA.