Home Equity

Home equity refers to the difference between balances owed on home mortgage loans and appraised property value. When homeowners obtain a home equity loan or line of credit, the available equity is used as collateral to secure the loan.

Here are the top 10 home equity line of credit mistakes that consumers often commit.

Think you don't need the expense of home equity insurance? Think again. Home equity insurance protects you against uncertain financial times and insures you never sell your home for less than you owe.

Find out how the good guys won and lost in this current home equity identity theft scam. Good guys lost money and their identity, but many thieves in the ring were caught and prosecuted.

Article covers the different kinds of loans based on a home's equity and the hazards.

Before deciding to take out a home equity loan or line of credit, it is important to understand what home equity actually is. Another factor to consider before taking out a loan is which type is the right one for you.

It might not be such a good idea to think of the equity in your home as being the safest place to build the majority of your personal wealth. Life itself is not stable enough, these days, to take that kind of risk.

Home owners are often confronted with the opportunity to tap into their home equity. There are often financial pressures that make them want to do that. This article show three reasons they should hold off.

If you need new windows, or would like a new car, you can always use your home equity if you don't have the cash.

Our market is in a slaughterhouse, companies are disinclined to lend out any money, and it is growing more and more hard to find a title or post-dated check lender that won't ask for a minimum of a 320% yearly interest rate for a few thousand bucks.

When you are upside down in your house, it is hard to see positive things about it. Dig deep and for your emotional health, find something positive about your house.

A basic definition of the different home equity available to you.

What is Home Equity any way? How does it work and how do you use it to benefit your investment?

After home equity and mortgages, the credit card crisis is just waiting to blow up thousands of dreams into smithereens.

This article regarding elderly fraud was written for AccessLife, a website devoted to elderly care and concerns.

There's a new fad of borrowing against your home equity by taking out a second mortgage and using the money to invest. Is it really that great of an investment?

home equity, mortgage, CMPS