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  • 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.

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  • Build In Shelving Around Your Fireplace

    At Country Club Homes, one of the ways we love helping clients create warmer, more family-friendly spaces is with fireplaces. A beautiful fireplace adds so much to a living room, and when it’s framed with built-in shelves, it really becomes a balanced and functional element of your space. Stained wood shelving creates a natural, rustic appearance. We…

  • Incorporating the Barn Door Trend in Your Home Construction

    Barn doors are not just for the outdoors anymore; the trend for using barn doors for interior spaces has been catching on around the nation.  They bring the convenience and space-saving benefits of sliding doors with a rustic character that’s nigh-irresistible.  Here are a few ways to consider integrating barn doors into your home. A large…

  • The Perfect Home Office Requires Careful Planning

    When you’re in your home office, you need to be able to focus and stay on task. The right design can evoke feelings of dedication and resolve while also offering the privacy you need to work effectively. We recommend keeping these home planning tips in mind when designing your home office. They’ll ensure that everything fits…

  • Why You Should Consider Mezzanines for Your Custom Home

    Wide, open spaces can make your home feel more luxurious, bright and airy. You don’t need to necessarily add square footage to make your home feel more open, either. Just look up — all of that vertical space can be honored and enjoyed by adding a mezzanine to your home design. Here’s a look at…