Should You Remodel or Move?
Maybe you need an extra bedroom for the kids ...or you've run out of storage space ... or you're simply bored with your environment.
Whatever the reason, you've decided that your home needs a change.
When considering whether to remodel or move, you have an important decision to make - do you hunt for a new home or fix up the one you have?
Here are some things to consider:
Determine your wants and needs ... then prioritize.
You've already decided that you need a change, but exactly what needs to change?
Is it most important that you live closer to work? In that case, remodeling can't help you. But if you simply need an extra bedroom, more storage, or a nicer kitchen, remodeling might be the answer.
Make a list of all of the things that you would like to change about your existing home, and then rank them from most important to least important.
Is it possible to make your top priority changes to your existing home? Monetarily, what would it be worth it to make your top priority changes?
Minimum and Maximum loan amounts apply. Rates and programs subject to change at any time. Loans subject to borrower qualifications, property evaluation and credit approval. All rates and program guidelines subject to change without notice based on consumer eligibility and marketing conditions. All loans subject to credit approval and compliance with underwriting standards.