Accessory Dwelling Units (ADUs) are add-on living areas like a garage apartment or a tiny home for the backyard. And they are becoming increasingly popular in today’s home improvement market. With aging parents who need to be close and adult children or grandkids who need a place to stay, more and more people are looking to build (and finance) ADUs on their property.
So, naturally, as a home improvement general contractor, you’re likely coming across more and more clients who want to know if you can finance their ADUs. And you yourself might be wondering, “Can I offer contractor financing for ADUs?” Guess what — you absolutely can help them with the best financing options available from HFS.
Why Do People Want to Build ADUs?
You may also find yourself wondering why people are so interested in building and financing accessory dwelling units. But there are actually a lot of good reasons to consider investing in one, and you may be able to encourage your clients who are considering it.
ADUs provide an excellent, semi-independent living or working space for anyone who may need it. So, think about clients with family who might need to stay at home or return or people you know who would like an extra workspace at home that is not part of the main house. An ADU can provide the perfect space for those adults to have their own space and still be close by.
ADUs also have the potential, just like any home improvement project, to add value to the primary residence and property. So, they’re an excellent investment. And the good news is that HFS Financial can get your clients the financing options they need for an ADU as long as it will be built on their existing property.
Why Should You Offer Financing for ADUs?
Since you’re already partnered with the financial experts at HFS Financial, you already offer financing for ADUs, but why should you let your clients know about it? Because it’s a relatively new concept, they might not have even considered asking you.
If you mention that you offer financing for ADUs, then you may encourage some clients to take the plunge and build a beautiful accessory dwelling unit when they might not have considered it before. Knowing your options is half the battle when it comes to financing your clients’ home improvement projects.
Remember to Inform Every Client of their Financing Options
And mentioning that you offer contractor financing through HFS Financial is a good idea for every client. The approach we recommend is making it part of the script you recite to when you meet with individuals. It can be as simple as adding it to the end of your initial consultation or even your opening greeting.
For example, you could answer the phone like this: “This is John Smith with Smith Construction. We specialize in kitchen renovations and home remodels. We also offer financing options for everything from new decks to accessory dwelling units. How can I help you today?”
That way, you’re certain to let every client know that contractor financing is an option for them. Offering contractor financing has the potential to set you apart from the competition in your area, but that won’t matter if your clients don’t know. That’s why it’s vitally important that you make sure your clients know your offer financing options through HFS.
With HFS Financial, “You Dream It, We Finance It.”
You already know that HFS Financial can help your clients fully finance nearly any home improvement project including ADUS, so now it’s time to make sure your clients know, too. Be sure to remind your clients of all the amazing benefits of financing through HFS Financial. With our experts on your side, “You Dream It, We Finance It.”