An ever-increasing number of homeowners are taking advantage of their extra equity by getting a home equity loan or a line of credit. But accessing your extra home equity should be done carefully, and only in a narrow set of circumstances. In 2006, just before the last real estate bubble popped, homeowners were treating their homes like endless piggy banks. They used their equity to purchase nice...
When delving into the world of real estate and investment property, there are many terms that will come up that require further explanation. Whether you've never heard the phrase 'home equity' before or you have a little familiarity, here are the ins and out of what it means and how this asset can help your financial outlook. All About Home Equity Essentially, home equity refers to your portion of...
Compare listings
Compare