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Real Estate
Reply to "Best Loan Source for Large Renovation?"
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[quote=Anonymous]Be sure and get enough money. We took out a mortgage to do reno based on prelim builder estimate. By time plans final, cost had gone up 50%, house was already mortgaged, and we needed a Heloc on top of the mortgage to complete. The only good news was that mortgage rates were a lot lower when we did the original loan. By the way, we fired the original builder who gave us the lowball price estimate.[/quote]
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