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Getting Home improvement loans for remodeling

Home improvement loans are designed to help borrowers make improvements on their homes. It can be used for such things as adding a new room, remodeling a kitchen, building a pool, or re-carpeting the entire house. As a secured loan, collateral is required – current equity in the home. To qualify for possible tax deductions, the improvements must be on the borrower’s primary residence, not rental property, second home, or vacation home.

The interest rate on the home improvement loan is typically lower than other secured loans because it is less risky, plus it tends to enhance the borrower’s home. Borrower’s must own their home or be making payments on their home to be eligible for a home improvement loan.

Golf carts vs Caddies

No one expert has the same opinion how caddies came to carry golf bags around a course. Perhaps the most mythic explanation is that the early caddies were true students of the game, far better than the players for whom they toiled. The caddie only worked the course to better understand how to beat it. The best evidence for this theory came in 1913, when Francis Oimet, a former American caddie, defeated the two best British golf pros at the time, Harry Vardon and Ted Ray, in the U.S. Open.

Every since the 1940s, when golf carts were introduced, caddies have been fighting an uphill battle to survive. Today, most country clubs own a stable of electric or gas powered carts that provide the quickest and easiest way for a player to zip around a course. Players who want to still walk can either carry their own golf bags or tow a pull cart behind them. As for caddies, they can be too expensive for players, and too difficult for a club to keep around. What is lost, though, is a little bit of tradition, and somebody to rake the sand trap for you!