There are several ways to tap into your home equity when you need extra money. A cash-out refinance can be an effective source of funding, but it’s not for everyone. Here’s what you need to know about the pros and cons of cash-out refinancing to determ...
Offering seller financing when you sell a home lets you act as the bank for the buyer’s mortgage. Seller financing may be the only way to sell a unique or difficult-to-finance property for what it’s worth. Is seller financing right for you? Read on to ...
Buying a home comes with many decisions, among them the loan term you want. Should you choose a shorter loan term with higher minimum monthly payments or a longer loan term with smaller payments? Learn the differences between a 15-year and a 30-year mo...
Bad credit doesn’t mean you can’t own a home. But the worse your credit, the harder it is to qualify for an affordable loan. And just because you can buy a home even with poor credit doesn’t mean you should. Read on to learn what to consider when buyin...
Getting a mortgage to buy a home is complicated. Hearing terms like “preapproval” and “prequalification” makes it more confusing. What do those terms mean, how does preapproval differ from prequalification, and why would you want to be preapproved or p...
Homeowners face an uphill battle against rising costs that gets steeper all the time. But homeowners do control many of their own housing expenses and have plenty of options to save money — particularly if you get creative. Read on to learn several cre...
Renters insurance has several benefits for tenants. And some landlords require tenants to carry it. But it comes at a cost. Before rushing to purchase a policy you might not need or writing off renters insurance as unnecessary, take a few minutes to co...
For real estate investors, juggling multiple property deals and loans can get complicated. Blanket loans often help to simplify matters by letting borrowers take out a single loan to cover multiple properties. Learn what blanket loans are, their pros a...
Historically low interest rates have made borrowing money for home mortgages cheap. But buying a home in cash to avoid debt remains appealing to many. For those who have the cash on hand to buy a home outright, the question remains: Is it a good idea? ...
When you sign a lease, you have certain expectations. It usually works out fine — but not always. You have legal rights as a renter, and when those rights are violated, civil court provides you a last-resort option to enforce them. Learn why and how to...