Many people have put off selling their home to buy a new home due to the recent downturn in the real estate market. Instead of buying a new home, now may be the time to tap the equity in your existing home to update and renovate your home. Contractors are looking for work and now may be a good time to get competetive bids on home improvement projects. Interest rates are still at an all time low, so getting an equity loan to make home improvements may be a very good idea. This will help to increase the value of your home which you can use in future when you may decide to sell.
Contact my office if you have any questions.
Have a good day and new year.
Brian Paul Lessard, IFA
Certified Residential Appraiser, NH & VT
Thank you, we'll be in touch!