Wednesday, October 21, 2009

Living in California, what is the best way to finance a pool?

we have excellant credit but we are not sure what would be the most financially beneficial way to finance our pool. We have plenty of equity in our home, excellant credit (825+). Home equity line? Refinance our home? Any suggestions?

Living in California, what is the best way to finance a pool?
The best way would be to get a 2nd mortgage if you have a good rate on the first. Make sure you get a Performance Bond from the contractor because in the event the pool does not work to your satisfaction, he can not forclose on the 2nd mortgage


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