The idea behind refinancing a home mortgage is simple: You’re taking out a new loan to pay off and replace the current one. The goal is to lower your interest rate, reduce the loan term, switch a loan type, or to access the equity in your home. Continue reading
Owning a home is a major life milestone, but did you know your home holds hidden value beyond just a roof over your head? That value is called “home equity,” and understanding it can be the key to unlocking goals and financial opportunities. Maybe you’ve been dreaming of a kitchen renovation, but saving up for the project gets further away every year. Or perhaps you’re considering consolidating debt, but you are worried about high-interest rates. Home equity could be the answer you’ve been searching for. Continue reading
What is a home inspection and what does it include? Continue reading
In terms of real estate, “sweat equity” is understood as value-enhancing improvements made by homeowners. These improvements might be made to increase the immediate value of the home for re-sale, or to increase the usability, enjoyability, and value of the home to the owners as they live there. Continue reading
According to the Better Business Bureau (BBB), a well maintained lawn and landscape can add 5 to 7 percent to a property’s value. Continue reading
People typically spend money on home improvements for one of two reasons: personal gratification, or to increase home value. Continue reading
Get answers to your questions about HELOCs and taking advantage of your equity. Continue reading
When you’re ready to refinance your home, you want to ensure that you’ve chosen the right option for your family. Whether you want to use the proceeds of your refinance to consolidate debt, pay for an emergency, or make home improvements, there’s an option that’s right for you. Continue reading
When you seek a loan, the most important decision isn’t always which loan can give you the most money, but which loan can best fit your needs at the time. Continue reading
Start off on the right foot with these eight helpful tips. Continue reading
