A Useful Guide to Financing your Northampton Home Improvement Project
Amy Spencer gives a few pointers in this article published on The Nest about financing renovation projects:
“If want to save yourself those job-stopping surprises in the middle of a renovation, an inspector can tell you what extra work might need to be done (is there a rotting pipe behind the kitchen walls?) so you can plan for it financially. An appraiser (usually hired by the mortgage company itself for major jobs like home additions) can tell you if it’s worth it.”
If you’re planning a Northampton home improvement project, you should consider her advice. One of the first things she highlights is the importance of hiring an experienced appraiser who will give you a rundown of the most important and cost-effective things to renovate. She also advises you to talk to realtors to get a rough estimate of how your house will compare to your local real estate market. Of course, corollary to all of this is the proper management of your budget.