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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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  • 5 Landscape Design Trends to Inspire Your Outdoor Space

    Summertime brings visions of fireflies at twilight, sunsets by the pool and relaxing in the serene surroundings of the great outdoors. Superb landscape design can help transform your outdoor space into the yard of your dreams. Here are five landscape design trends our clients are enjoying.

  • Three Top Considerations for a Custom Wine Cellar

    A wine cellar is a perfect addition to any wine-lover’s home. A custom wine cellar can contain temperature and humidity controls to help your favorite selections maintain their quality as they mature. Whether you are converting a room in your basement to a wine cellar, creating a wine room above ground on your main floor,…

  • Outdoor Entertaining: Memorable Occasions in Your Own Backyard

    Sharing special occasions in your own backyard with friends and family creates festive and memorable events. With expert planning, a thoughtful layout, and inspired design, your patio or deck can be a space that’s perfect for outdoor entertaining. Start by considering how you would like to prepare, cook and serve meals outdoors. Your choices range…

  • A Softer Touch: Pastel Colors at Home

    The Serenity Blue and Rose Quartz named as the 2016 colors of the year by Pantone foreshadowed a renewed interest in pastels at home this year. Pastels are both fresh and nostalgic, bringing a calm sense of welcome to interiors.