Advanced Pools contractors from Memphis, Tennessee offer pool payment tips

With Labor Day right around the corner, you may not be thinking about talking to a swiming pool contractor about a new pool project but this is actually one of the best times of the year — when summer is winding down and autumn is peeking around the corner. Why? Because many swimming pool contractors in Memphis, Tennessee have time open on their construction calendars, the weather is still ideal, you may get close out pricing and when the pool is constructed now, you will be ready to swim next summer! You may be wondering how to pay for the family swimming pool, and we have some ideas for you!

How to pay for the family swimming pool

  1. Set up a budget. Look at the family income and expenses then decide what you can afford either if you pay up front for the pool project or if you need to pay monthly for it. Don’t forget to add in the amount for ongoing pool maintenance and increases to your pool ladderutility bills. Once you have a budget in mind, call a pool contractor and set up an appointment to meet with them to let them know what you have in the budget and start from there. Make sure you budget for a swimming pool cover — this should be considered a necessity, not an afterthought.
  2. Your budget will also help you determine the construction material for the pool, its size, the accessories and amenities and upgrades you have for the pool. Don’t skimp on the pool equipment because paying a little more up front for higher quality pool equipment may save you money in operating costs over the long run of pool ownership.
  3. Talk with your pool contractor and uncover their ideas on how to finance the pool. They may work with specific lenders for pool projects, you might be able to get a loan against your mortgage or take a loan specifically for the pool project.
  4. Budget for filling the swimming pool. Whether you have water trucked in or whether you fill it from the hose, the fill is a major expense that needs to be budgeted for.
  5. Talk with your insurance agent to see if there will be any increases in your homeowner’s insurance premiums because of the installation of the pool. You may want to check with your insurance agent before you begin the project as you don’t want to take a chance of losing your coverage.

Put together your budget, contact one of our swimming pool professionals and get the process started for your very own family swimming pool!