Finding the Money

Finally, make extra copies of the contractor bids you’ve accepted or the cost estimates you’ve developed. You’ll need copies if you are working with any lender that uses your home as equity for the loan.

That’s it. You’re ready to consider the next big question: How am I going to pay for this bathroom remodel? Maybe you already have a funding source, but keep reading as you may discover more options that can save you money.

Where are you going to get the money? If you don’t have a rich Aunt Helen who will write you a check for the bathroom remodel—and even if you do—there are many options for paying for the job. They include cash and various loans.

Financing is a part of everyday life. Though debt can quickly turn to servitude, using other people’s money can be a smart move. Borrow wisely.

 

 

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