If you have equity in your home, now could be the time to use it to your advantage in the form of a home equity loan or home equity line of credit. These loans tend to come with low interest rates and can provide several tax advantages—benefits that credit cards do not provide.
Whether you are looking to renovate or repair your home, consolidate debt or pay for another major expense, taking out a loan against your equity can prove to be a savvy financial decision.
Differences between a hom... [More]
Caveat emptor! You may have heard these two Latin words before, meaning “let the buyer beware.” In today’s real estate market, many homes are being sold “as-is.” This clause frees the seller from being responsible for fixing any repairs to the home, no matter how large or detrimental. Whether or not the property is being sold “as-is,” it is important for a potential buyer to schedule a home inspection before going through with the sale for many reasons.
It's a new year, which for most of us means it’s time to make a new resolution. Perhaps you want to eat healthier, or go to the gym more frequently, or be a more patient person. How about a resolution that results in not only a better you, but a better home? Make a resolution to dedicate your time and energy to one project each month that improves the look of your home (for those of you who refuse to make resolutions, call it a “plan”). There are many small, inexpensive fixes ... [More]