Keeping the Perfect House Perfect

Posted by abie on 10:21 PM in
If you're like most folks, you probably spent a great deal of time searching for the perfect house. Hubby and I always make a list of the things we want to have in a home, and sometimes it can take a while before we find a property we like well enough to buy. But, the longer we stay in one place, the more we begin to notice things that aren't perfect.

What do you do when this happens? Sometimes it just isn't the best solution to pack up and move again, and that's when you need a plan. I recently wanted to make some changes to the house. As I added items to the list, the cost for the renovations went from a minor investment to a major one.

I found myself wondering how people find the funds to renovate their homes. One of my friends just finished a renovation project, so I called her up to talk. It turns out she and her husband worked with Mortgage refinance Maryland specialists to get the money they needed. They were able to do this because they had equity in the house. When they refinanced, they received the equity back.

Since hubby and I recently bought our home, we don't have enough equity to take this route, but it may be something you can consider. If you think you want to refinance your home, ask yourself the following three questions:

- What will the total cost of the refinance be?

- Does the property have equity?

- Will you live in the house long enough to rebuild the equity before you need to sell it?

If you already have equity and you plan to stay in your home long enough for the house to regain equity, then a refinanced loan may be just the thing you need to upgrade your home so it stays perfect for you.


Copyright © 2009 howell & abie All rights reserved. Theme by Laptop Geek. | Bloggerized by FalconHive.