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.

  • Planning Tips for Executing a Flawless Kitchen Remodel

    Remodeling a kitchen may seem like a daunting task, but with the proper preparation and the right planning, executing a flawless custom kitchen remodeling is within the reach of any homeowner. Here are some steps on how to get started: Dream Big but Reasonable A dream kitchen is about getting everything you want. But budgetary…

  • Add a Secondary Sink in Your Kitchen to Ease Cooking and Cleanup

    If you enjoy cooking or frequently entertain guests in your home, you might want to consider adding a secondary sink to your cooking area. A properly placed secondary sink can make a huge difference in your kitchen, giving you an additional area for food prep and post meal clean up that will transform both your kitchen’s form…

  • Does It Ever Make Sense to Do a Home Building Project Yourself?

    The do-it-yourself home improvement fad has grown stronger over the last few years, with television programs and websites cropping up with ideas and instructions.  It can be very inspiring to watch someone on a thirty minute show put up their own walls and crown molding, with beautiful results each time. But when it comes time…

  • Brighten Up Your Bathroom with Natural Light

    One room that benefits the most from natural lighting is one that rarely receives it: the bathroom. As you plan your custom home or bathroom remodel, you should consider creating a bathroom design that allows you to bring sunlight into the space. The bathroom design trends for master bathrooms in particular have featured designs that…