Posts Tagged ‘home improvement loan’
Buying a Home that Needs Renovations

My realtor gave me your contact information, he showed us a home that needs extensive renovations. The bank that she normally works with doesn’t do any kind of renovation mortgages and they recommended calling you. You do these types of loans, correct? The asking price is $640,000 and has been on the market for quite…
Read MoreIs It Time to Build Your Dream Home or Renovation?

After two years of steady increases, lumber prices are retrenching and becoming somewhat normal. The current inflation rate has continued to hurt lumber and other construction material costs. “Last Friday, lumber prices in the U.S. dropped below $500 per thousand board feet for the first time in nearly a year. That marked a 67 percent…
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