At some point most homeowners think about remodeling. The tricky part is figuring out how to finance a home remodel. The good news is that there are many tools and strategies that can help consumers pay for a remodel that makes your home more livable and creates a sound return on your investment.
Paying Out of Pocket
First, let’s look at a few facts that put a remodel into perspective. According to Zillow, 77 percent of homeowners think their home could use updating. Zillow also says that the typical U.S. homeowner pays more than $3,000 every year for home improvements — on top of the approximately $9,000 they already pay in unavoidable costs and basic maintenance.[Read more…] about Dollars and Sense of Financing a Home Remodel