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Home Market Research Markets

How to Use Your Home Equity to Pay for Renovations

by TheAdviserMagazine
3 weeks ago
in Markets
Reading Time: 1 min read
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How to Use Your Home Equity to Pay for Renovations
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Studio Romantic / Shutterstock.com

Dreaming of a bathroom upgrade or a backyard patio? Renovations can get expensive fast, and while credit cards or savings are an option, many homeowners forget they already have a powerful financing tool: the equity in their home. Depending on how long you’ve owned your home or how much you put in for a down payment, there could be value in your property that you can borrow against.



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