Best Financing Options for Home RenovationsPosted by Larry Tollen on
Many homeowners in The Triangle are choosing to renovate their homes this Spring. Where home prices are still high and inventory is low, making renovations can be a popular alternative to moving. However, home renovations tend to be more costly right now due to still high material and labor costs and not everyone has the disposable income for extensive renovations. Additionally good, dependable contractors may be booked 6-12 months out so it could take longer than you might like to get your renovations completed. Financing home renovations is one way to make necessary renovations, without a large capital outlay upfront. Here are some of the best financing options for home renovations.
Home Equity Loan
Home equity is the difference between the…
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