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How to Use Your Home Equity to Pay for Renovations

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Dreaming of a bathroom upgrade or a backyard patio? Renovations can get expensive fast, and while credit cards or savings are an option, many homeowners forget they already have a powerful financing tool: the equity in their home. Depending on how long you’ve owned your home or how much you put in for a down payment, there could be value in your property that you can borrow against.

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