Paying fo rexpensive home repairs is never easy – unless you have piles of cash laying around.
Charities sometimes lend a helping hand to target groups such as the elderly or single mothers.
Government grants can sometime assist target groups such as the elderly and veterans.
Why finance a big home improvement project like a new furnace, water heater, or air conditioning unit when government grants might provide you with a free system?
Most people qualify for weatherization assistance and perhaps discounts on remaining gas and electric bills – unless they meet strict criteria. Then, payment plans enable you to upgrade without hurting your cash flow as energy savings kick in.
The best financing option for swimming pools varies by what you plan to spend.
Aboveground pools are more affordable and fit consumer budgets more readily.
In-ground pools are a major investment and often involve equity-based funding.
Homeowners have a bevy of options to finance roof replacement and repair projects – once they rule out free services.
Read your homeowner insurance policy carefully before borrowing any money to see if you qualify to file a claim. Contractors often provide this service free.
Taking out a loan upfront allows homeowners to finance residential solar panel installations without losing the benefit of energy efficient tax credits.
On the other hand, leases and power purchase agreements have lower initial costs.
The best financing option to remodel a kitchen also has many vairabiles.
Unsecured loans and credit cards do not put your house at risk in the event of default as with equity-based deals.
Many retailers offer rent to own arrangements for appliances such as oven, dishwasters, and refrigerators.
When financing hardwood flooring and carpeting projects, homeowners have two main choices.
Tapping into funds from a lender upfront frees your to choose the contractor and supplier with the best price and service.
Relying on financing from the flooring company reduces choices, and opend the door for promotional rates – with a catch.
How do you calculate the cost of financing a hot tub when you pledge the equity in your house as collateral?
Please avoid risking foreclosure just to enjoy soaking in warm water at the end of a hard day. Unsecured loans and rent to own contracts work much better.
Homeowners have unique considerations to weigh when deciding how to finance HVAC systems.
Permanent equipment hooked into your ductwork is more expensive to install and remove than portable units.
The primary financing alternatives for replacement windows and siding follow a similar pattern with one notable exception.
Homeowners can factor in the possible energy savings when replacing drafty windows. Also, grants for asbestos removal play a big role in older homes.