A Home Equity Line of Credit (HELOC) is an easy way to borrow money using your home’s value as collateral. Let’s look into how a HELOC works and whether this option is right for you. How Much Can You Borrow with a HELOC? The first step in deciding if a HELOC is right for you …
Category: Saving Money
Sellers: How To Incentivize Home Buyers Inexpensively
Has your home been on the market long? Do you feel like selling your home is an insurmountable task? Selling your home can feel hopeless the longer your property sits awaiting a buyer. As sellers struggle to attract buyers, they are confronted with ideas like price slashes or full remodels to sell to their homes. …
Is it still a good time to buy?
Better late now than never later. It’s the question that’s buzzing around real estate offices, mortgage companies, backyard barbecues, water coolers and passing conversations with neighbors. The short answer is — we think so. Yes, it is still a good time to buy. The long answer is more complicated. Consider these four trends to help …
Can You Pay Off a 30-Year Mortgage Early?
Whether you’re buying your first home or have owned several houses over the years, you’ve heard of the 30-year fixed rate mortgage. Many people choose the traditional, 30-year loan for the financial flexibility it provides.. Like most things in life, there are pros and cons. A Fixed Rate 30 Year Mortgage… ✓ Offers a lower …
How to Get Ahead When You Can’t Get the House You Want
It’s a seller’s market, and it’s not easy to make an offer within twenty-four hours to beat the crowd....If your search has faced competition, low inventory, or financial limitations, consider getting creative. These four unique housing options could help to cut costs so you can save faster for a possibly larger down payment.
Buy Now To Buy More: What Interest Rates Mean For You
An interest rate determines how much money must be paid in a mortgage payment. The higher the rate, the higher the interest payment. Do you agree that buying now really does mean buying more?
Buy Now To Buy More: What Interest Rates Mean For You
An interest rate determines how much money must be paid in a mortgage payment. The higher the rate, the higher the interest payment. Do you agree that buying now really does mean buying more?
Is Buying A Home Really More Expensive Than Renting?
If you rent, you probably have good reasons. I bet that “paying my landlord’s mortgage”, “noisy neighbors”, or other caveats aren’t among them. Look, we know that owning isn’t right for everyone. As much as we write about why owning a home is better than renting, there are legitimate reasons for choosing to rent. For …
What is mortgage forbearance, and what does it mean for you?
In a mortgage forbearance agreement, the lender agrees not to foreclose on a mortgage, and the borrower agrees to a plan that will result in a temporary adjustment to provide relief, and to pay the balance to be current with the original payment plan.
Cashout Refi
Use the equity in your home to consolidate debt or pay for a repair or renovation with a Cash Out Refinance loan.