It is
a bad idea to take out a loan to renovate your home. How much do you
need to renovate your home? Can you postpone your plan? What type of
renovation do you need? Save money every month to renovate your home.
Plus, there are many budget-friendly ways to renovate home. You can try
them out.
You
can take out a home equity loan to renovate your home. You will be using
your home equity as the collateral to take out this loan. So, make sure
to repay the loan on time. Otherwise, it can lead to foreclosure on your
home.
The best part of home equity loans is the interests are tax-deductible
if you use the borrowed money to buy, build or improve your
home.
Sub: #1 posted on Wed, 12/16/2020 - 02:46
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The best part of home equity loans is the interests are tax-deductible if you use the borrowed money to buy, build or improve your home.
Sub: #2 posted on Sun, 12/20/2020 - 22:03
(Posts: 265 | Credits: )