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Remodeling Your Home
Spring is in the air.....so we
are told. This is already a busy real estate spring
market....but what happens when you love the house you’re
in, love your children's school, love your road....you just
need more room and maybe a few upgrades here and
there........
That's when you rehab your
existing house by way of a construction rehab loan or
perhaps you have enough equity that you can take a home
equity line of credit...either way here's how it's done...
First call a reputable builder.
Make sure they are licensed and insured and familiar with
the building codes in your area. Get an estimate of the work
you are looking to do and a well-written contract once you
are in agreement. You may want to hire an architect if it
requires expanding your square footage. This cost can be
rolled into the construction cost. It is also wise to set
aside 10-20 percent of your budget to allow for items added
to the scope of work as you proceed. You may also want to
think about staging the work being done to minimize the
initial financial impact.
Make sure you are following town
requirements and you have the necessary permits.
Then call Ladd Financial. We are
experts in helping people finance their homes.
Many times you can get all of
the cost of construction financed. There are fixed and
variable rate options available to you.
Call us today and let's get
started...
Please contact us if you
have any questions.
203-454-5233
· 800-889-LADD
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