House Kitchen Remodel: Finance Home Improvement

Wednesday, August 12, 2015

Finance Home Improvement

American homeowners in 2012 spent more on home improvement projects than they did the previous year -- by about 9 percent, according to numbers from Harvard University's Joint Center for Housing Studies. While the recession led many Americans to put off This is a guest blog post by Ryan Carey, of My 3 Quotes. Tell me if you can identify with this scenario- You bought your house before 2008, when values were at their most inflated. Your credit isn't bad, but you still don't have any equity since your house Toronto-based CommunityLend announced the launch of Financeit.ca today - a financing platform for Canada's multi‐billion dollar home improvement industry. Starting immediately, home improvement businesses will be able to provide their customers with I'm looking to make some improvements to my home, and would like a loan of £25,000 to help fund the changes, including a new kitchen and bathroom. I know rates are lower if the loan is smaller, so is it better to get two £12,500 loans, rather than one £ financing the more high-end, costly projects through companies who specialize in home-improvement loans,” she said. “The average homeowner we work with doesn’t have significant personal savings to throw at a big remodeling project,” she said. (BPT) - If you’re planning a home improvement project this year, you’re in good company. The economy and housing market are recovering, home values and equity are rising, and many homeowners are beginning projects they had put off over the past few years. .

Loans for home improvements can help boost your equity, property value and personal wealth. Improving your home is one of the best investment activities you can do. This is because when you sell your home, any capital gains you've made are completely tax free. While the housing market is in the doldrums the home improvement industry seems to be thriving. High unemployment and business failure rates have cut deeply into the pool of new home buyers but at the same time low labor and material costs have combined (BPT) — If you’re planning a home improvement project this year “Many consumers aren’t aware of all the financing options for home improvement, or they may not have thought of those options to pay for the work they want to do,” says Kelly (BPT) - If you’re planning a home improvement project this year, you’re in good company. The economy and housing market are recovering, home values and equity are rising, and many homeowners are beginning projects they had put off over the past few years. .