Whether you are looking to upgrade the interior of your home or the exterior, there are several ways to accomplish your home improvement goals. Some of the most common ways are by utilizing credit cards, working with a contractor, or utilizing home improvement loans.
Yard and landscape work is the most popular answer
Whether you’re looking to improve your abode or build one for the foreseeable future, the task of taming your backyard is no doubt top of mind. Whether it’s replacing old pavers or designing a pool oasis, a little TLC goes a long way. The best time to start is in the spring, when temperatures are still soaring.
To give you an idea of just how much fun it is to tame your backyard, consider the fact that most of the respondents in the Axiom survey devoted the majority of their taming time to the outdoor area.
Contractors with years of experience are preferred
Using a professional to carry out the task of home improvement or re-construction is a smart choice. Getting the job done right can save you a bundle. Getting your house in tip top shape is a top priority, but a little planning goes a long way. It is best to make sure you are getting a contractor you can trust. The best contractors can be found by conducting a simple online search. It is also a good idea to shop around for the best price. Having a contractor in your corner means your house will be in mint condition in no time.
Consider a credit card for home improvement
Using a credit card for home improvement can help you avoid high interest charges on renovations and purchases. Many credit cards offer perks such as cash back and promotional financing. In addition to the rewards, a credit card is also a convenient way to pay for your renovations.
One of the best cards for home improvement purchases is the Bank of America Customized Cash Rewards Credit Card. It offers a fixed introductory APR of 0% for the first year. The card also offers a 2% cash back bonus on purchases made at restaurants and Amazon. It also has no annual fee.
Financing options for home improvement
Choosing the right financing option for home improvement can be a daunting task. There are many different types of loans available and you should take the time to compare them before applying.
A home equity line of credit (HELOC) is one type of secured loan that allows homeowners to borrow against the equity in their home. You can borrow up to 80-90% of the appraised value of your home. The loan is typically paid back over a period of two to five years.
Another type of financing option is a personal loan. These loans are typically repaid in monthly installments over a set period of time. They are available for borrowers with fair credit or better. However, the interest rates on these loans can be higher.