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Reply to "Best way to finance a home improvement project?"
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[quote=Anonymous]DH and I are in our early 40's. We have about 500K in investments (401Ks, savings and IRAs) and about 120K in home equity, both have excellent credit scores. I have been a SAHM for eight years, but am now returning to work. We want to add a home addition that will cost approximately 100K. We would like to do this as soon as possible. How should we finance this - home equity loan or pulling cash from investments/savings?[/quote]
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