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Next month I am going to do a refi. I've just remodeled a room into a
kitchen extension (small eating area where there was none to begin
with) and a closed-in bedroom. I think this has added value to my
place.
I would like some advice about how to present this if at all to a bank.
Should I show them my receipts for the work done or just before and
after pictures. Should I get the place appraised and just go in with
that or does that even matter because they'll just lend based of value
of surrounding homes anyway??
Any advice about refi under this instance is appreciated.
Thank you,
--PhB.
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refi ammo?
