The “Evergreen State” – Washington – has an abundance of apple trees that would make “Johnny Appleseed” blush. The Pacific Northwest and Puget Sound have beautiful forests, fjords and mountains too. If you would like to improve your Spokane log cabin, then a Home Equity Line of Credit in Washington could be just the right answer. Discover the benefits of using this type of home financing.
Home Equity Line of Credit in Washington
Generally, the State of Washington has a relatively mild climate due to the “Ocean Effect.” It does have a record low of -48 degrees Fahrenheit and a record high of +118 degrees Fahrenheit. Therefore, you might want to make sure your home is well-ventilated and well-insulated.
During construction, your home builder might not have even had access to the high-quality windows, insulation and appliances, which are available today. You can even look into Energy Star appliances, which can help you save money while making your home environment, simply ideal.
One of the latest landscaping trends is to plant more “environmentally-friendly” native vegetation in your yard. It used to be that rock gardens or a certain type of bush were used by all of the contractors. You might want to replant your garden, using the funds from a Washington Home Equity Line of Credit.
Do you like to spend time outdoors? Perhaps, you could have carpenters build you a brand new back porch; you could even put a ramp on it for easier access. All of these projects can be funded by HELOCs.
Are you a Seattle Seahawks fan? Do you like to listen to the game while barbecuing with your friends? Perhaps, you could even host your clientele by adding a new luxury, epoxy flake garage floor. These are softer and more comfortable than those old concrete garage floors.
Washington Housing Market
According to Zillow, the median home value in the State of Washington is $318,300 as of March 7, 2017. The median Zillow Home Value Index (ZHVI) for Spokane was $160,900 and Tacoma was $230,600. In Seattle, the median ZHVI was $592,200.
Washington Banks Offering Home Equity Line of Credit
Regular home maintenance is a requirement if you want your homestead to last. The ocean breezes might do a number on your siding, during the most intense storms. You should be pro-active and fix any holes before they become the entrances for insects or rodents.
There are a number of financial institutions offering a Home Equity Line of Credit in Washington. Here are a few of your neighborhood banks: Bank of the West, Columbia Bank, Flagstar Bank, Key Bank, ThirdFederal and US Bank. The interest rates are always being updated. Furthermore, you can look up the monthly payment to see if it fits your budget.
When you keep your Seattle home in great condition, you can live a better life. You won’t need to pay for exterminators to kill any “unwanted visitors.” All the holes in your walls will be patched and you will be sitting pretty. You can take out a HELOC to ensure that your home remains the “apple of your eye.”