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Financing a pool
Posted on 11/29/11 at 9:12 am
Posted on 11/29/11 at 9:12 am
What is the best avenue to take putting in a new pool? Credit score great, only 1 note....paying on house=have about $70,000 escrow built up. Need about $30,000.
2
Posted on 11/29/11 at 10:02 am to Raymanz
Do a secured home equity loan.
Posted on 11/29/11 at 6:42 pm to Raymanz
A HELOC is good to have btw but with a specific purchase in mind and the current interest rate environment, a fixed rate loan may be better.
But only slightly, a HELOC is perfectly fine.
I would wonder if the pool is really worth it though. It is a money pit.
But only slightly, a HELOC is perfectly fine.
I would wonder if the pool is really worth it though. It is a money pit.
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