Home Equity
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Tapping home equity is cheap, but qualifying for 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.
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HOME EQUITY
- Our 10 most valuable home improvements are hammer ready Making your home bigger, or nicer, always makes it worth more. But some projects offer a better return than others.
- 10 most valuable home improvements Making your home bigger, or nicer, always makes it more valuable. But some projects offer a better return than others.
- What will our capital gains tax be on $1.5-million land sale? Your capital gain would be calculated as the selling price minus the original purchase price plus any capital improvements made to the land.
- What capital gains tax would apply to the sale of a home received as a gift? If you have held the home for less than a year, short-term capital gains rates would apply, figured on the tax basis of the home.
- HELOCs still a good choice for college bills Four reasons to consider home equity lines of credit if you need to borrow money.
- I placed a lien on a creditor’s property, but now how can I get him to repay me? You won't get your money until the property is sold or refinanced unless you sue your creditor in small claims court.
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