Your home equity is the difference between what you owe on your mortgage and what your home is currently worth. Therefore, as you increase the value of your home, you are also increasing the equity. One of the most rewarding ways to do this is to undergo a value-adding home improvement project.
Home ownership is a great achievement and owning a home means that you’re building up or have already built-up equity in your home that can be used to leverage financing. Utilizing your home equity for financing can be a great financial tool. However, you want to be sure you’re leveraging your home equity for the right reasons since your home is a...
New to the concept of Home Equity? We wrote this article to help break it down for you, and to fill you in on different methods of boosting your home’s value in the form of equity.
Summer is almost here, which means we’re in the thick of home improvement season! Reports from the Joint Center for Housing Studies of Harvard University indicate that Americans spent an estimated $340 billion on home remodeling and repairs in 2018. That’s great news for contractors, but homeowners themselves don’t always realize the gains they...
Home Equity Loans and Lines of Credit are a great form of financing and are a great way to secure financing for big projects around the home. Taking advantage of the value you have in your home is a great way to investment in improvements that will add value to your home. It’s a way to make your money work for you!
