Tuesday, March 10, 2009
Making financing work for remodelers
One of the biggest challenges for many remodelers these days is that many homeowners think it's impossible to get a loan to finance their projects.While banks are certainly not giving money away like they were a few years ago, there's still financing to be had, especially if you work with local or regional banks instead of the Chases and Citis of the world.John Sperath, president of Blue Ribbon Construction in Raleigh, N.C., is trying to get that message out to his potential clients. He's working with several local banks to make it easier for homeowners to get financing. When he meets with clients, he gives them a pamphlet that tells about the various programs and banks available and even offers to make the introduction to the lender for th...Read More
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