Easy Ways to Find Finance for Your Home Renovation
The burning question on the minds of many Australian homeowners is - will I "Renovate" or "Relocate"? So, if you are one of these home owners, you may have also realised that the high cost of purchasing a new home and selling your current home far outweighs the challenges of renovating your current home. However, you should only renovate if the renovations will:
>> Add value to your home
>> Result in an improved standard of living
>> Be used to perform emergency repairs or full home extensions
Do Lenders/Credit Providers impose Restrictions on the Type of Renovations?
Subject to their credit policies and lending guidelines, most lenders/credit providers will let you borrow the funds to improve the value of your home for any worthwhile purpose, such as if you need to:
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