Renew your home improvement contractor registration
In the United States, the market value is forecast to exceed 600 billion dollars by 2025, which is more than double the value reached in 2008. Similarly, annual growth for this industry can be observed in Mexico, France, Germany, and many other countries. Victoria Araj is a Section Editor for Rocket Mortgage and held roles in mortgage banking, public relations and more in her 15+ years with the company. She holds a bachelor’s degree in journalism with an emphasis in political science from Michigan State University, and a master’s degree in public administration from the University of Michigan. Apart from the benefits listed above, there are other things you should consider before doing a cash-out refinance. In addition to the amount of cash you can gain, getting a cash-out refinance can come with other benefits, too.
- People who want to learn how to write successful story for an anthology as an outtake from their ongoing series should study this story.
- Look through our gallery of kitchen remodels to see examples of our work and get ideas for your own kitchen project.
- As both an investor and content marketing professional, Kyle combines his passion for real estate investing and educational background with his love of helping others.
- Scammers ask you to pay for everything up front or only accept cash.
This is an outstanding line-up of frightening and funny fixer-upper tales guaranteed to shake foundations and rattle readers’ pipes. It’s all down to your personal circumstances and what suits you best. You could consider a personal loan, or consolidating your debt.
The resurgence of the farmhouse chic aesthetic can largely be attributed to “Fixer Upper” and the design preferences of its hosts Chip and Joanna Gaines. In each episode of the ultra-popular series, a couple buys a home in need of renovation and then “hires” Chip and Joanna to complete both structural and cosmetic work. The HGTV show’s popularity allowed Chip and Joanna to launch a home decor and media empire, including the upcoming Magnolia Network, which will be home to a reboot of the “Fixer Upper” series. Sometimes, contractors will not just scam you through the work they do — or don’t do.
Report this review
A cash-out refinance can be just the ticket if you’re searching for a low-cost way to turn your home improvement list into a finished project or two. To see how much cash you could get from your home, apply online today with Rocket Mortgage. When you do a cash-out refinance, the cash you get is tax-free. Yes, you’ll have to pay it back as part of your mortgage balance, but it’s at a much lower interest rate than you might otherwise get with an unsecured loan like a personal loan. If your credit score needs work, you can find out how to repair your credit or look into our list of best credit repair companies. Keep in mind that even the best personal loan interest rates may still be higher than for secured loan options since the lack of collateral or government insurance poses a higher risk for the lender.
Home Improvement and Repair Projects
Some people turn to credit cards or personal loans to bankroll home improvements, but those options come with higher interest rates, sometimes in the double-digit range. When you refinance your mortgage, you can borrow money at a much lower interest rate. To choose the best home improvement loan, examine your financial situation – your credit report, credit score, credit history, debt-to-income ratio, mortgage equity, and income. Determine the cost of your home improvement project, what funding options you qualify for, and compare lenders to find the lowest rates.