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.

  • When to Put Vaulted Ceilings in Your Home Design

    Vaulted ceilings are a beautiful addition to a home. They help create an airy space that can make a home seem bigger than it actually is. If you’re considering adding a vaulted ceiling to your home renovation project consider the many benefits including: Exposing Rafters A vaulted ceiling provides the opportunity to put your rafters on…

  • Meet Drywall’s New Contender: Foreverboard

    Drywall has been a standard building construction material for years. It is installed easily and provides a consistent surface throughout homes on ceilings and walls. However, drywall may have met its match in Foreverboard, a innovative new building material. This new material is revolutionizing the commercial and residential building industry. It can be used in a…

  • Round It Out: Using Curvilinear Architecture in Your Home Design

    Take a quick look at your home’s architecture. Do you see mostly box-like forms and strong, straight lines? Most homes in our country are dominated by straight line architecture even though rounded lines and curvilinear architecture provide visual interest and create interesting spaces. How can curvilinear architecture be used successfully in your home? Outdoor living spaces When you’re…

  • Keeping a Consistent and Well-Constructed Roof Design in Your Home Addition

    A home addition presents a range of challenges to designers and homeowners, such as: “How can we make the design cohesive while creating a beautiful home exterior?” or “How will the new roof line impact the home’s overall design?” Understanding the issues surrounding the addition’s roof is crucial to making sure the building project is a success. Things…