As a homeowner, you know things tend to break fairly often and usually at the worst times. Sometimes, repairs can’t wait and require immediate attention. When your air conditioner breaks on the hottest day of the year, or when your pipes break, causing flooding inside your home, you need help as soon as possible.
You might feel stuck if you find yourself in these emergency home maintenance situations. Don’t worry. Our emergency funding experts at Blue Trust Loans are here to help.
What Do Emergency Home Repairs Cost?
Homeowners should be aware of the many things they potentially will have to fix in the future. But what do emergency home repairs cost? The cost of emergency home repairs can fluctuate year-round depending on the availability of labor and materials, as well as the worker’s fees and the extent of damage.
Here are a few of the most common emergency home maintenance requests:
- Pipe repair
- Roof repair
- Crack in foundation
- Replace a water heater
- Broken air conditioning system
Here are a few of the most common non-emergency home repairs:
- Interior or exterior paint
- Patching holes
- Removal of popcorn ceilings
- Clogged or broken garbage disposal
- Toilet is clogged or running
- Installation of light fixtures
- Broken windows
How Can You Finance Home Repairs?
Home repairs are part of being a homeowner. The good news is that you can finance home repairs to help you cover the cost whenever they arise. It’s important to tackle the emergency home repairs as quickly as possible to reduce the risk of any further damage.
Options to help pay for emergency home maintenance:
- Use the cash from an emergency fund
- Charge your credit card
- Short-term installment loan
- Home equity line of credit
Start an Emergency Fund
As a homeowner, it’s smart to start an emergency fund to help with emergency home repairs. You do not want to find yourself in a pickle trying to pay for those unexpected problems. Start putting aside a few dollars each month to lean on in case of an emergency.
Ideally, you will want to eventually have three to six months’ worth of expenses saved up. While this may seem like a lot, you can start off small and grow your emergency home repair fund over time.
Home Repair Loans
Did you know that you can take out a loan to help finance home repairs? You may be interested in a payday loan alternative, like the installment loans we offer at Blue Trust Loans. Installment loans are a great option because you are able to pay them off in installments vs. payday loans, where you typically have to pay the entire loan back with interest the next time you get paid.
When you choose a payday loan alternative at Blue Trust Loans, you may qualify for up to $3,000 in your bank account as soon as today, with Same-Day Funding.* Apply for cash online today and receive your money for emergency home repairs directly deposited into your bank account.
For more information about home repair loans and how you can finance home repairs, contact Blue Trust Loans today at 877-770-2682.
Related Reading:
Common Reasons for Personal Loans
What to Do When You Need Money Now
*Same Day Funding is available on business days where pre-approval, eSignature of the loan agreement and completion of the confirmation call, if a call is required, have occurred by 11:45 a.m. Eastern Time and a customer elects ACH as payment method. Other restrictions may apply. Certain financial institutions do not support same day funded transactions. When Same Day Funding is not available, funding will occur the next business day.
The content on this site is for informational purposes only and is not professional financial advice. Blue Trust Loans does not assume responsibility for information given. All information should be weighed against your own abilities and circumstances and applied accordingly. It is up to the reader to determine if this information is safe and suitable for their own situation.
Hummingbird Funds, LLC is a sovereign enterprise, an economic development arm and instrumentality of, and wholly-owned and controlled by, the Lac Courte Oreilles Band of Lake Superior Chippewa Indians (the “Tribe”), a federally-recognized sovereign American Indian Tribe. This means that the Hummingbird Funds’ installment loan products are provided by a sovereign government and the proceeds of our business fund governmental services for Tribe citizens. This also means that Hummingbird Funds is not subject to suit or service of process. Rather, Hummingbird Funds is regulated by the Tribe. If you do business with Hummingbird Funds, your potential forums for dispute resolution will be limited to those available under Tribal law and your loan agreement. As more specifically set forth in Hummingbird Funds’ contracts, these forums include informal, but affordable and efficient Tribal dispute resolution, or individual arbitration before a neutral arbitrator. Otherwise, Hummingbird Funds is not subject to suit or service of process. Nothing in this website is intended to waive or otherwise prejudice Hummingbird Funds’ entitlement to these protections. Neither Hummingbird Funds nor the Tribe has waived its sovereign immunity in connection with any claims relative to the use of this mobile site. If you are not comfortable doing business with a sovereign instrumentality that cannot be sued in court, you should discontinue the use of this website.