Financing Your Renovation: What a HELOC Appraiser Is Looking For in a New York City Co-Op Home

Whether you're renovating to resell or to stay in your home and enjoy your design upgrades for years to come, a HELOC can be a good way to finance your renovation. Though it doesn't come with as rigorous a screening process as a first mortgage, a HELOC does require a bit of paperwork. And once you're pre-approved, the lender will order an appraisal. This won't be exactly like the appraisal when you sold your last home — so put down the grout cleaner. Here's what a HELOC appraiser is looking for.

Scherr's Versus Semihandmade White Shaker Doors That Fit IKEA Sektion Cabinets

There's a growing trend in homeowners choosing IKEA cabinet boxes and organizational inserts but sourcing their doors elsewhere, and it's dominating Houzz discussion boards lately. If you're looking for doors made to fit, with the bored holes for IKEA's European style concealed hinges already carved out and ready to go, there are several companies providing custom doors for IKEA. I've looked at all of them, and with samples in, I'm proclaiming the winner in the category of already-painted white Shaker is Scherr's. Here's why.

What Lenders Look for in a Renovation Appraisal

This kitchen renovation, for so long just a gleam in my iPad, is becoming a reality, and that's exciting. I'll be paying for a good deal of it out of pocket, but I'll need to borrow additional funds. Let's take a look at the number-one thing a lender looks for to approve renovation financing: Will the current value of the home support the current mortgage loan amount plus the renovation amount you want to borrow.