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Similarly, whether because of a softening housing market or secondary effects of excessive interest rates, owners are much less keen on completing renovations earlier than a home sale. Only about 13% of homeowners list renovations prior to itemizing a house for sale as certainly one of their primary causes for taking up improvement projects. Of 2.5% respondents that listed different, popular causes embody modernizing and better using their space. Alternatively, as a homeowner, an FHA rehab loan may help you fund home improvement projects by bundling your mortgage and home improvement prices right into a single mortgage.
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