You asked "The burning question - is it wise to take out a home equity/home improvement loan to add a bathroom and enlarge kitchen and add another bedroom (or any of these improvements) at this point in time? Any thoughts or direction are appreciated."My opinion is that anything that improves your standard of living NOW (and doesn't unduly jeapordize your future well-being) is a good thing.Interest rates are so low right now, if you like your location, why not improve your home?
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