Articles related to "Home Equity"



Home Equity Loan & Line of Credit Comparison
Home equity installment loans and home equity lines of credit both rely on the value of a house as collateral, but are suited to different circumstances and borrowers.
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What is a Home Equity Line of Credit?
Home equity lines of credit allow homeowners to borrow up to 90% of equity in their home at a variable rate, and pay only interest until the loan comes due.
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Close Ended Mortgages
Close ended mortgages or second mortgages carry higher risks for lenders.
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Home Equity Line of Credit
Need money for home improvements, medical bills or a child's tuition? A home equity line of credit may be the answer. Know what to look for and find the best deals.
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Home Equity Loan Scams
Consumers can protect themselves from becoming victims of home equity loan scams by educating themselves and being wary when considering a home equity loan.
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How to Save Money by Reducing Your Mortgage Term
Reducing a mortgage term may mean higher monthly repayments, but it also means home equity is built faster. Pay less interest and become an outright homeowner sooner.
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Obtaining the Best Equity Refinancing Package
Refinancing in today's market need not be a nightmare for the person refinancing. Here are a few tips for negotiating a better deal.
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Refinance Your Mortgage: When Should You Do It?
In these tough economic times, the decision to refinance a home loan can be a difficult one. Here are some reasons that you should consider refinancing.
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Reverse Amortization Mortgages
Understanding the pros and cons of a reverse amortization mortgage can help you decide whether this investment is right for you. This article compares your options.
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Reverse Mortgage Safeguards Protect Seniors (2/15/06)
A reverse mortgage is a loan that enables senior homeowners 62 or older to borrow against the equity in their home, without having to sell the home, give up title, or take on a new monthly mortgage payment.
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Reverse Mortgages
A reverse mortgage is a mortgage in which a homeowner, usually an elderly or retired person, borrows money in the form of annual payments charged against the equity of th
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Reverse Mortgages: Safety Net?
Now there's a federally insured way to receive tax-free money, for life, from the equity in your home -- without making payments: the reverse mortgage.
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When to Refinance Your Home Mortgage
Examines refinancing your home mortgage
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Cashing in with a Reverse Mortgage
Retirement savings not enough? Need a financial safety net? Is a reverse mortgage the answer? More and more enquiring senior homeowners want to know.
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Control Your Debt
Debt is neither good nor bad. It's necessary to purchase the things that we need. But how much is too much? We'll discuss ways to trim, deal and consolidate your debt.
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Real Estate: Are We In A Bubble?
Kirk discusses past bubbles, discusses ECRI's "Leading Home Price Index" and suggests ways to avoid trouble if this a bubble about to burst.
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To Transfer or Not To Transfer
Have you ever wondered whether those low intro rate credit cards really save you money? This article will help you figure it all out.
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Beware of Mortgage Vultures
As defaults rise real estate investors prey on unsuspecting homeowners, who have trouble paying their mortgages. Save your home equity by working with your lender.
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Exterior and Plantation Shutters
Windows can be enhanced from the interior with plantation shutters or on the exterior with decorative or storm shutters. Both add curb appeal and enhance home equity.
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Home Ownership Perils and Hazards
Liability claims, unexpected disability, unemployment and premature death also threaten a home owner's investment. Learn how to achieve wrap-around home protection.
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Housing and the Credit Crisis
As shell-shocked Americans struggle with corporate bankruptcies, bank bailouts, tight credit & economic insecurity; home foreclosures maintain the negative fiscal cycle.
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New Homes
Homebuilders have continued to report huge losses because of their inability to sell new houses. Their misfortune has presented a great opportunity for new buyers.
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Porch Roof Construction
Porch roof construction is not only a fun project; it adds to home equity. Use basic tools like a circular saw and a nail gun to build within local building codes.
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Get Out of Credit Card Debt Fast
By viewing credit cards as a financial tool, not a loan source, you can eliminate debt and build assets. How to pay off your card faster and lower your interest rates.
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Three Tips to Buying a Home
Buying a new home starts with an internal assessment. Understanding personal needs, financial ability and location requirements can set the buyer off on the right path.
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Avoiding Vehicle Repossession
If you're behind on your payments and creditors are looming, what you can do to avoid having your car taken away, and getting your credit back on track.
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Alternative Minimum Tax: Tricky Year End Tax Planning
We’ve all gotten into the habit of taking as many deductions as possible before December 31 and putting off whatever income we can until after January 1. Well that scenario may not be your best tax planning strategy this year because of the new AMT legislation. This article discusses the issues.
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Move or Remodel?
Sometimes it's cheaper to move than remodel your home, and vice versa!
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Applying for a Bank Loan
Want to consolidate credit card debt or need a loan to pay for emergency expenses? How to get an unsecured loan at the bank.
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Credit Card Cash Advances
Need Cash? What you need to know before taking it from a credit card. A look at other sources for quick money.
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Increase in Maximum Loan Amount
As part of a recent stimulus package the government has discussed increasing the maximum loan amount for conforming and FHA mortgages. Could this really help borrowers?
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Mortgages and Elections: McCain
McCain wants to let the situation sort itself out with little government intervention. This risky strategy could save taxpayers money, but what about homeowners?
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Recent Fed Rate Cuts Impact Prime Rate
December 2008 fed announcement - Federal Reserve cuts federal rates. Definitions of federal funds rate & prime rate. What happens when the Federal Reserve cuts rates?
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Refinance to Lower Mortgage Rates
As the economy slows, interest rates tend to decrease. Mortgage interest rate declines could make refinanciing an attractive option again.
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Avoiding Debt Collectors
Late payments making you think your account will be sent to the dreaded collection agency? How to work with the credit card company and prevent harassing phone calls.
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Boat Buying Season in High Gear
Is this the season you buy a new boat? Boat manufacturers like Sea Ray, Chaparral, Regal, and others are building better designed and more economical boats than ever
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Do You Have a Good Credit Score?
The interest rate lenders offer you is directly linked to your credit score. Here's everything you need to know about what your credit score means.
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Home Remodeling: Investment Cost vs Return Value
Considering a kitchen or bath remodel? Building a backyard deck or porch? How about new siding or energy-efficient windows? Some remodeling projects provide better ROI.
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How Mortgage Lenders Review Credit
So your middle credit score, per Credit Scores for Mortgages, is good enough to apply for a mortgage. Ah, but there are other credit situations to consider. Be prepared.
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How to Buy a Timeshare
As people head out on vacation this summer, timeshare sales pitches will be everywhere. If you decided to make the purchase, do it the right way and save
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How to Fund the Cost of Assisted Living
Most people fail to make adequate provision for long term care costs. Discover the most effective ways of funding the cost of assisted living.
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How to Install a Pendant Light
Installing a pendant light fixture - an easy DIY project that adds to home equity. When it's too cold to build a deck or install new siding, remodel the home's interior!
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Insulated Concrete Forms: Green
ICFs are a green building technology that is fast gaining market share in the construction industry. Hollow Styrofoam blocks are stacked and poured with concrete.
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Kitchen or Bath Remodel Ceramic Tile Options
Ceramic tile is one of the most common building materials in bath shower and tub surrounds and on kitchen counter backsplashes. A bath or kitchen remodel offers choices.
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Know the College Loan Process
With the recent scandal at Columbia University, incoming student need to be aware of the College Lending Market. By knowing your rights and alternatives, you can save.
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Prepay Your Mortgage?
Loans and Mortgages are a great financial tool. Refinancing regularly can help you maximize the value of your real estate by freeing up cash flow for new investments.
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Purchasing With A Partner
Buying a home is likely one of the biggest investments you will make in your lifetime. Frequently there is someone included in the purchase of the property.
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Rent-to-Own Store Problems
You may think you're saving money. But renting to own could end up costing you double or triple the price of the product. Consider lay-aways, and scratch/dent stores.
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Residential Real Estate Short Sales
When you owe more than your home is worth and can't make payments, a short sale can salvage your credit and stop foreclosure.
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Seller Financing
Seller financing has been a tool used to make properties more attractive on the commercial side of the real estate business. It works for residential sellers as well.
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