by maria | Sep 9, 2016 | Exclusive QA |
It depends on the complexity of the project and your ability to do the job well yourself. Really consider whether you have the time, skills, tools, help and legal knowledge of local regulations to get the job done. While you could save up to an estimated 20 percent of...
by maria | Sep 9, 2016 | Exclusive QA |
Your personal needs, preferences and finances are all factors. If you’ve lived in your home awhile and prefer to stay in your school district or neighborhood, improving your existing space may work best for you. If a second bathroom is what you desire, it may also be...
by maria | Sep 8, 2016 | Exclusive QA |
The interest rates on these loans are often higher than on secured loans and you generally will not be able to get a tax deduction for the interest paid. However, the costs to obtain an unsecured loan are usually lower. And the relative ease of getting this type of...
by maria | Sep 8, 2016 | Exclusive QA |
According to the Millennial Housing Commission created by Congress, few lenders are willing to administer home improvement loans. Most prefer to make home equity loans or unsecured consumer loans because they are easier to manage. Home improvement loans usually...
by maria | Sep 8, 2016 | Exclusive QA |
Lenders require private mortgage insurance (PMI) on most loans with less than a 20 percent down payment. They believe there is a correlation between borrower equity and default. They have found that the less money borrowers put down, the more likely they are to...