The money to pay for major repairs can come from home improvement or personal loans. The contractor may provide financing or advise you where to obtain it. A home equity loan may be the approach you take. In any event, you should shop around for the best interest rate and the best repayment schedule for you. Check with community agencies to find out if money is available through special grants or loan programs.

You should perform a fall and spring inspection, since it will be helpful for you to be aware of items that may need attention before they become major repairs. Eventually it will become routine to check items that may need repair before they become a problem. This will save you money in the long run. Examples would include replacing a downspout from the gutters, scrapping and painting the outside trim of windows, cleaning or replacing the furnace filter, and draining the hot water heater.

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