There are many ways to finance a remodeling project. If you have equity in your home, a good credit rating, and steady income, you can refinance your mortgage and borrow a percentage of the equity to cover remodeling costs. Refinancing is a good option if you can get a mortgage interest rate at least two percentage points below your current home loan rate. Other options include a second mortgage, a home equity loan, or an unsecured loan. Less popular options: margin loans, which are taken against securities you own, and loans from retirement plans, life insurance policies and credit cards.
Drive 2021 Sales Immediately
January is a great month in real estate. It's a time for new plans, great attitudes and endless possibilities for how we can help our clients and grow our businesses in the coming year. Here are three purposeful things you can do to make that happen. Read More
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