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Improve a home to get the most out of home improvement financing

Posted on Tuesday, July 9, 2013 at 12:03:39 PM

Home improvement financing is a method many homeowners use to make improvements, and the best way to get the most out of loans and mortgages is to invest in the right upgrades.

The Money Pit, a radio show hosted by home improvement expert Tom Kraeutler, has several recommendations for using financing wisely. For instance, the program recommends making a kitchen hands-free, with motion-sensor faucets, and using energy-efficient lighting throughout the entire home. Sensors that automatically turn off after a set amount of time become great money savers, both with monthly utility bills and in home equity.

If going green is a priority, electric cars can be the way to go. It is important to remember that upgrading the charger in the garage will help, and there are economical choices that provide fast, affordable upgrades. Kraeutler also recommends looking at all seals throughout the home. It can save money and improve air quality to add a proper seal in every gap. A house's heating and air conditioning can escape from anywhere.

If a property owner needs the funds to make any upgrades, home improvement financing can be just what is needed. The Better Business Bureau advises being thorough when applying for a home equity loan or mortgage. These options have many tax advantages and flexible benefits, and they give a homeowner the tools to make improvements.