This post is sponsored by LightStream, but the content and opinions expressed here are our own.
Over the past year that we have all been spending a considerable amount of more time at home many people are taking a harder look at their homes. Some parts of it might be a little tired or not as functional as you would like it to be. With a bit of extra time on your hands you might be dreaming up some renovation possibilities! That’s one of our favorite things to do! Many people hit a dead end on their renovation journey once the dream turns into the reality of the cost. But it doesn’t have to be that way.
Investing in improvements to your home can be one of the best financial decisions you can make. Usually the cost of smart renovations can be recouped during the sale of your home down the road. But once the reality of the costs start to impact the dream it might cause you to make some sacrifices, but how many sacrifices are too many, and how can you bridge the gap?
Anyone who has a mortgage knows that when it comes to your home, debt isn’t always a bad thing. Improving your kitchen, bathroom, work space, or even your backyard can make an impact on your quality of life and enjoyment of your home now and the value of it for many years into the future. So for many taking out a loan for home renovations is a smart choice! LightStream is one of the most uncomplicated ways to fund your renovation, allowing you to focus on the dream and not the financing.
Many people don’t know where to begin or think that applying for a loan will be a long, arduous process. Fortunately LightStream allows you to apply in 3 simple steps, all online, and you can have funds in your account as soon as today. ( See important details here.)
That means you can get started on your renovation with no delay and you will have the freedom to make the dream a reality.
Budget is one of the first conversations we have with our clients and often it is the most important. Everyone has one, and it almost certainly will determine the scope of the project. In our own home an open kitchen with a big island for entertaining was very important to us. We also knew the impact it would have on our homes value if we want to sell it in the future. Achieving the big, beautiful, open kitchen we wanted involved us removing a load bearing wall and putting up a structural beam. Although it was a big project, it’s a sacrifice we were not willing to make! The improvement to the enjoyment of our space and the value it added was worth the expense.
In some situations using smart debt to finance your renovation might even be a better choice than using savings. Renovating your home can be extremely rewarding but it can also be stressful. LightStream’s lending uncomplicated philosophy and ease of use can help relieve the stress and make your renovations dreams a reality.