We three kids, we really need to do something about only having two bedrooms. We have a full unfinished basement where we could possibly expand, but that takes money.
We are considering getting a home equity loan to help us remodel. Home equity loans can be a very good way of doing home improvements because you can get financing with low interest rates. Plus, since it is a second mortgage, your interest is tax deductible.
We have also considered mortgage refinancing to get a lower mortgage rate and lower our bills.
Saturday, October 6, 2007
Home Improvements
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1 comment:
I totally understand we might do the same because we need more rooms too!
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