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Ways to Finance Major Home Renovations

Upon deciding to upgrade your home, whether you’re planning to stay there or sell, the topic of money arises quickly. It’s well known that home renovations can be costly. Sure, some small upgrades such as new light fixtures, faucets and paint don’t typically cost a whole lot of money, but remodels are known to snowball and the costs can add up quickly. Thankfully, you have options! Here are 8 of the best ways to finance major home renovations to help you forge ahead, with confidence that you’ll have the financial means to make your vision a reality!

  1. Home Equity Line of Credit

When buying a home, most people apply for a mortgage. Your home equity is the portion of your home that you have already paid off.

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