Fix-up funds: For big projects, construction and renovation loans can be a better bet than home equity lines or credit cards

Article Abstract:

Construction and renovation loans provide better options as compared to home equity or credit lines, while undertaking massive renovations or construction. The renovation and construction loans are given by almost every moneylender and offer similar interest rates, can be bundled with any type of mortgage and do not have any maximum value except the presumed appraisal value of the house after the completion of the fix-up.

Financial management, Commodity & service prices, Finance, Prices and rates, Company financing, Company pricing policy

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Bridging the gap

Article Abstract:

When one is trying to time selling one home and buying another, lot of expenses are involved but nowadays bridge loans are available which are short-term loans that help to cover the upfront expenses involved. Another option that can be exercised is the reverse contingency alternative where buyers agree to give the sellers certain number of days in order to purchase a new home.

General services, Contracts & orders received, Contracts & orders let, Purchasing, Contracts, Contract agreement

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The final lap: This Old House wraps up the work on a sun-drenched Floridian paradise

Article Abstract:

A complete tour of the house located in West Palm Beach, Florida, which was renovated by the team of 'This Old House', as its winter project is presented. The project included the renovation of the main house and the guest house/garage.

Florida, Description and travel, Remodeling and renovation, West Palm Beach, Florida

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