The Best Way To Finance A Home Improvement Project

DYI Home Finance

Home Improvement Plans

Are you looking to remodel your kitchen or finally add that pool or deck you’ve always wanted? With no finance fees or interest payments, paying cash for a home improvement project is clearly the best option. However, if you don’t have enough in savings to cover a large home improvement project or worse yet, an unexpected major repair such as …

Is a HELOC a good idea?

DYI Home Finance

Picture of stacked money next to miniature model home and notepad and pen

Money you owe on your home is often called “good debt” and there are a few ways in which it’s different than other kinds of debt. First, it’s secured. That is, your ability to repay the debt is ensured by the value of the property. Second, its effective interest rate is lower even than advertised. Your home will likely appreciate …

4 Home Improvement Projects with High Long-Term Return

DYI Home Finance

Older couple laying on the floor, coffee cups next to each while reviewing home improvement plans

When you’re making improvements to your home, you’re not just making your life better in the short term. You’re also making an investment in your future. Ideally, the increase in the value of your home will exceed the cost of the improvement. However, it seldom works out like that. The most efficient home improvements don’t pay for themselves immediately. The …