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Tips for Remodeling Your Home
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Plan Ahead
Making product selections early can prevent delays later. Develop a plan that clearly defines the goal for your renovation. Your needs and wants for the project should be included in an outline of the work that needs to be completed. Proper planning can also help keep you on budget. “You’ll end up making the same decisions, but you’ll know what they’re going to be. Also, what they’re going to cost ahead of time,” explains Ridley Wills, founder of The Wills Company, a design-build firm in Nashville.
Set a Home Renovation Budget
Your home renovation budget should include the costs for building materials, and labor. Also, building permits, and decorative finishes. Start by determining the amount you want to spend and then finalize your financing. Remember to reserve at least 10% of your budget for unexpected costs. Request cost estimates from multiple contractors. If your cost estimates exceed your budget, eliminate project elements that are a lower priority.
Consider the Best Way to Finance Home Improvements
A personal loan is one way to help fund your new renovation. First, choose a lender who will listen to your situation and do what’s right for you and your family. Next, consider a fixed rate and flexible repayment terms, and set regular monthly payments to allow you to plan your finances. Discover Personal Loans make the process easy with no lengthy process or collateral required. Also, they let you borrow up to $35,000 to fund a home repair or remodel project.