Home values are used to determine the maximum loan amount for residential properties. Most lenders will extend a loan based on an allowable percentage of a home’s value. In exchange for an ownership interest, a bank or mortgage lender might offer you a home loan. Certain upgrades that increase the value of your home might enable you to procure a more attractive loan.
Increasing the Value of Your Home
Some home improvements may be aesthetic or required for maintenance and repairs. (more…)Read More »