Making repairs or renovations to your home can instantly increase the value of your home. This means you receive a bigger return on your investment. Today, however, many homeowners lost value in their home. The housing crisis caused values to plummet. Many areas have not fu lly recovered. If you Read more
Should You Pay for a Basement Remodel by Refinancing?
You have an unfinished basement that gives you the creeps every time you walk downstairs. You would love nothing more than to finish it, but you don’t have the extra cash to do so. You know that one of your options is to refinance your current mortgage and take the cash out of the equity to pay for Read more
What’s Better Fannie Mae HomeStyle or FHA 203K?
Today there are several options to purchase and fix up a home with one loan. This takes the headache out of having two loans and dealing with different rules. The two most common options available are the Fannie Mae HomeStyle loan and the FHA 203K. Both loans offer the same opportunity to fix up a Read more
What are the Best Home Renovations Before a Refinance?
If you want to refinance your home, you have a little work to do first. The first step is to ensure your finances are in order. Second, you should determine the changes you can make to your home to increase its value. Even if you know your area’s home values increased, small changes can make a big Read more
Does Refinancing Make Sense for Your Home Renovation?
Today’s interest rates make it easy for homeowners to save money every month. There are several ways to do this. You can refinance your first loan, taking on a lower interest rate or you can tap into the equity in your home while taking advantage of the lower rates. Typically, you can use the money Read more
