Country Club Homes, Inc. Logo

Some Ideas to Consider …

  • Tips for Financing a Fairfield County Home Remodeling Project: PART I

    Country Club Homes, Inc. has been a leading Fairfield County custom home builder since 1955. We periodically share helpful tips and information with our online readers in an effort to educate people who may be considering remodeling their Fairfield County home.

    It has been our pleasure over the years to work with many clients who have remodeled their homes. For our readers who are considering embarking on this exciting process of home remodeling for the first time, we offer the following tips about financing the project, based on an NAHB article entitled, “Financing Your Home Remodeling Project“.

    The common options for acquiring the necessary funding to complete a home improvement project include a home improvement loan, a home equity line of credit, a home equity loan (second mortgage), a cash-out refinancing of your current mortgage, and cash.By far the simplest method of financing the home improvement project is cash, in the event you have cash in savings to pay for the project. In order to determine if this is the best option, compare the interest rate that you would be charged by financing the project to the interest you could earn by investing these funds. The NAHB article adds, “Interest payments on a home improvement loan may be tax-deductible, while the expenses of a remodeling project paid for in cash cannot be written off. Crunch the numbers and meet with a financial adviser to determine whether paying in cash is best for your financial situation in the long run.”

    Check out the article for more excellent pointers about the following four types of financing, and be sure to consult with your accountant and an attorney before making any contractual commitments.

    • Home Improvement Loan
    • Home Equity Line of Credit will vary from lender to lender.
    • Second Mortgage
    • Cash-Out Refinancing

    Have you enjoyed this article? Head on over to “Tips for Financing a Fairfield County Home Remodeling Project: PART II“ for more information about ‘best practices’ to make sure your project is well organized, and finishes on budget!

    If you are seeking home building design expertise for your Wilton, New Canaan or Fairfield County, Connecticut home; contact Country Club Homes, Inc. at 203-762-0550. Our company, Country Club Homes, Inc. offers custom new home and remodeling design and construction. Visit the Country Club Homes. Inc. website to see beautiful interior and exterior home images in our online portfolio.

    Image source: Country Club Homes Inc.

  • Home Style of the Month: Colonial Revival

    A uniquely American style, Colonial Revival was initially inspired by a surge of patriotism and was most popular from 1895-1945. The Philadelphia Centennial of 1876 created a renewed interest in the historical architecture of the United States. Architects began studying early Colonial homes and translated the original ideas into larger homes with an emphasis on…

  • What Trends are Underfoot? Ideas for Wood Flooring

    Beautiful flooring is the underpinning of any stylish home. The ideal flooring is a smart combination of visual appeal and durability and wood floors have reliably accomplished that combination for centuries. Here’s a look at some of the most popular options in wood flooring today. Pale and neutral washes, especially gray, are having a moment…

  • Get Organized: Ideas for A Home Office

    The start of a new year often means a commitment to eliminating clutter and getting organized at home. Here are some ways your home office can do a better job of making your life easier and more efficient. Just like any successful work project, designing your home office requires deliberate planning. Think about how you…

  • A New Outlook: Window Styles

    Thoughtful window design and placement emphasizes a sense of style in your whole home remodel and dramatically affects the look and feel of your space. Windows can create a deeper connection to surrounding nature by framing views and bringing natural light and circulation into your home. Here’s a look at some of today’s most popular…