We bought a turn of the century three bedroom two bath dutch colonial in April. We are having a baby and plan to stay here at least through the next one or two, and hope to improve the value of our home by upgrading while keeping to the style of the original house. We have currently added new flooring, paint, and carpeting and are looking to eventually remodel both bathrooms, complete the unfinished basement, upgrade the electric (the bedrooms, living, and dining room have "knob and tube" wiring), and complete the stonework porch that was left unfinished in our backyard. What is the best way to finance these projects over time? Would it be better to save up gradually or get a home equite loan to finance the projects?
2007-01-02
11:14:29
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11 answers
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asked by
kath_08012
3
in
Decorating & Remodeling