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7 December 2016
Having equity in your home can be a valuable source of needed cash.Whether you should use a home equity loan or a cash-out refinance to access that equity depends on a number of factors.
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9 December 2015
Deciding whether to get a home equity loan? Here's a close look at the pros and cons.
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2 November 2015
Home equity loans are a smart and sensible way to borrow money, as long as you can avoid these pitfalls.
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8 September 2015
Taking out two mortgages on the same house simultaneously may sound like a bad idea at first glance, but "piggyback loans" are a common way to make a smaller down payment or avoid paying mortgage insurance.
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10 August 2015
Back in 2001 when banks were liberal with home equity loans and allowed up to 125 percent of a home's equity to be borrowed, Atlanta real estate agent Bruce Ailion got a home equity line of credit for $75,000 on his home.
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12 December 2014
If you're a parent who's ready to send your child off to college, you may be in for a rude awakening.All those nickels, dimes and hundred dollar bills you've saved over the years may not be enough to afford today's astronomical college tuitions.
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10 December 2014
Leveraging one asset to purchase another one can be a shortcut to wealth, especially when the strategy is applied to real estate.
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20 October 2014
Imagining how you're going to enjoy the new comforts of a home renovation after you've been approved for a home equity loan can be relaxing.
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18 June 2014
Home remodeling projects are often seen as financial losers - their cost nearly always exceeds the increased value they add to your home.
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28 April 2014
Borrowers appear to be turning to home equity loans again, with the number of new home equity revolving lines of credit (HELOCs) up 10 percent over the past year.
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26 November 2013
A new mortgage crisis, this one in home equity loans, could be brewing as payments are due to rise sharply for borrowers who took out such loans during the years of the housing bubble.
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29 May 2013
Homeowners who are looking for a short-term infusion of money might consider an interest-only second mortgage in the form of a home equity line of credit (HELOC).
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3 September 2011
You don't hear much about home equity loans these days.In fact, it sometimes seems that lenders have turned off the tap on the once-popular second mortgages that used to fund everything from home improvements to new cars to expensive vacations and more.
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24 May 2011
For some, a Home Equity Line of Credit can be more of a liability than an asset.
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29 January 2011
There are many reasons to renovate your home.Here are a few ways to finance the project.Home renovation is an excellent way to breathe new life into your aging surroundings.
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19 January 2011
After experiencing historically low rates, the future is not looking bright for HELOC loans.Should you pursue one now?.
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29 December 2010
Financial institutions are compensating for shortfalls by offering ultra-convenient home equity lines of credit (HELOC).
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20 October 2010
When Dire Straits sang about "Money for Nothing" in the "80s, the British rock band couldn't have known it was almost a prediction.
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24 September 2010
Before any big fight, boxing fans will size up the contenders on strength, size, and endurance.You should do the same when you step up to the ring to convert your home equity into cash.
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24 August 2010
The mortgage crisis and subsequent tightening of credit by lenders has made tapping home equity more challenging.
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