Should I do major repairs to my home before refinancing?
When refinancing a home, repairs may be necessary. Major repairs may cost a lot of money, so it is important to consider the pros and cons of making them before refinancing. It may be beneficial to make repairs if they will improve the home’s value or if it will help to lower the interest rate on the loan. However, if the repairs are not necessary for the refinancing, it is best to wait until after the refinancing process is complete. It is important to do research and comparison shop to find the best loan terms for the refinancing.