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| Home | Ask Your Question | Mortgage Glossary | ||
ImprovementsHome improvement is the process of renovating or making additions to one's home. Often, a professional handyman is hired to perform the improvements but, typically, most improvements are done on an amateur basis by the homeowner. Home improvement comes in many forms. Such as a new kitchen, bathroom, roof, siding, etc. You can acquire a home improvement loan through one of three ways. Refinancing with cash out, a home equity loan, or a home equity line of credit. Home improvement is a great step to take with your home. It not only adds value to your house, but it also improves the quality of your life. And the interest is tax deductible. As always, continue to educate yourself, and make sure you shop around for the best deal.
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