Home Equity - All about line of credit
Latest advice on home equity loans, HELOC and line of credit
Monthly payment requirements can vary, depending on whether you have a fixed term loan or a line of credit that permits much smaller payments.
Home Equity Advice
Paying more now could save your home later
Wells Fargo no longer allows home equity line of credit borrowers to make interest-only payments on their loans, meaning minimum monthly payments will rise. But this move could also save your house from foreclosure.
July 11th 2014
How to renovate on a budget
These 6 smart moves will help you make shrewd choices in updating your house while avoiding costly budget overruns.
July 9th 2014
Batten down your finances for hurricane season
We often say that the three biggest threats to every family's financial security are divorce, job loss and illness. Catastrophic storms are probably a close fourth. If you live anywhere along the gulf or Atlantic coasts, these smart moves can help you bounce back from the worst Mother Nature might throw at you.
June 30th 2014
How to replace your air conditioner
How do you know when the time is right to upgrade the way you cool your home? A lot of different factors come into play, including what kind of unit you already have and the replacement cost. Here are seven questions you should ask first.
Tapping home equity is cheap, but getting a loan is tough
Home equity lines of credit are great to use for home renovations or to pay for college, but many homeowners don't qualify because they don't have enough equity built up.
Don't count on HGTV-like returns from your renovations
The post-renovation value of every home on Love It or List It is more than the total cost of the renovations. And that just doesn't happen. At least not in the United States.
How to deal with an abandoned home
An abandoned home can be an eyesore -- or worse. It can be a hazard for inquisitive kids, a haven for drug dealers and drag down property values throughout an entire neighborhood. Here's where to find help and turn that property around.
4 smart moves for using home equity
If the value of your house has recovered and you're considering tapping your home equity, here's our advice: Tread lightly.
We broke down retro touches you can add to your home – from colorful refrigerators to old tile – and judged whether they're worth the cost.
7 ways to dress up your home for a faster sale
If you ignore the basics of staging and presentation your home will languish on the market long after similar properties have been snapped up by eager buyers. Investing a little money and elbow grease now can have you moving out sooner rather than later.