My husband noticed the other day that the value of our home had risen. (He’s so good with stuff like that – I would have never even though to CHECK IT. Mercy!) But he loves all things financial, and was pretty pleased to see the equity we’ve built in the past couple of years. So he shared his joy with me! Which led to a conversation about a few remodeling projects we still want to complete in this house. Which led to a discussion about where we would pull the money from in order to make those changes.4 Ways To Pay For Your Home Remodeling Project! #homeremodel Click To Tweet
Somewhere along the way, Jorge Adevop sent me an email to see if I was interested in publishing his article regarding ways to pay for remodeling projects, and yes, I was interested, not only in publishing it, but in reading it for myself! Check out his ideas below…they’re good ones!
Putting money back into your home through remodeling to maintain a modern look and appeal is usually a wise investment, but the scenario has to make sense and you should never be over extending yourself if the line between income and expenses is getting extremely thin. There are, however, certain times when finding funding for your investment makes very good sense, especially when you have a good strategy on how your going to pay it back, maybe even quicker than its term. If you’ve been looking into alternate funding sources then here are a few for you to consider: