1. Negotiate on repairs and upkeep! In a survey in May by consumer review, 81% of contractors said they would negotiate labor costs. Some of them will drop their price at 10%. They will do whatever it takes to strike your business. Be sure to get multiple price quotes, because then you will have the most bargaining power while being flexible about your project and its timing.
2. Trim the Cost of Borrowing! The average rate on a 30-year mortgage was 4.7% in May. Next year it is expected to hit 5.8%. Some borrowers will pay more when loan limits expire in the fall. Last year's rate was 5.1%. Since it has lowered, this has opened up another refinancing opportunity. Request a good-faith estimate before applying. You can negotiate fees that the lender charges.
3. Get a deal on furniture! When sales are slow in the summer, this is your opportunity to ask for 20% off. Why? Many "mom-and-pop shops" will make deals to move inventory. Also as a tip, gently used floor models can sell for 25% off.
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