THE REAL DEAL ON RENO

Home affordability may be a problem for some Gen X’ers and Millenials but these two generations of homebuyers are often facing an added responsibility; kids returning from college and living at home or they may be caring for aging parents. That’s why we are seeing multi-generational living making a comeback but the supply of mother/daughter housing is simply not keeping up with the demand. We don’t need to tell you how difficult it can be to find a home set up to accommodate several different age groups at varying stages of life or what the most important factors are in making this type of arrangement work. We are here to offer a solution to finance the improvements and accommodations that may take buyers several steps closer to finding a home the whole family will love or upgrading your existing property. A little-known fact is that renovation financing can be used to purchase a property and construct an attached or detached accessory unit. An accessory unit is an independent dwelli...

Most homeowners have a long wish list of projects they would love to do:  renovate the kitchen, add a deck, change outdated light fixtures, build an addition, update the heating system and so much more.   What stands between most home improvement dreams and reality is how to pay for them. Renovations can be expensive! But the good news is there are ways to come up with the money needed to achieve your desired makeover.   Paying for your home improvements in cash is the obvious and easiest way to cover the costs; but for many people that means doing one small project at a time, prioritizing your wish list, and being patient about constantly living in a home that is undergoing repairs.   Paying cash would be a perfect scenario; however, life is not always perfect and the extra money in the budget sometimes does not exist.   Financing your home improvements with credit cards or   “special financing” offered by contractors is generally not a good ide...