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What to Keep In Mind When You’re Considering Renovating Your Home

Posted onJuly 26/2021By

Over half of Canadians have been planning home renovations, according to a recent survey. The most popular space to upgrade for property owners is outside, followed by the bathroom and then the kitchen. If you’re considering renovations for your home, there are some things to keep in mind, such as how you’re going to pay for it. Paying for Renovations Before you get started, it is best if you work out the costs of the renovations and come up with a solid plan to pay for them. Here are some of the most common ways that homeowners pay for their…

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Tips For Financing A Renovation

Posted onNovember 14/2016By

Most homeowners will want to make renovations on their homes at some point. They may either want to refurbish aging or damaged parts or make extensions to the property. Either way, a home renovation breathes new life into the property and increases its value. But what is the drawback? The biggest obstacle home-owners face is financing the planned renovations. To overcome this obstacle, most homeowners take out loans from a lending institution. But qualifying for such a loan is not easy. Here are some steps to make financing a renovation easier. Check Your Credit Score Your credit score is one of the first things a lending institution will look at. If your credit score is weak, then give yourself some time to raise the credit score. Be prompt on your credit card payments and try to pay some of it down if you can. Know the Value Of Your Home…

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