Category: Home Equity

You want a home that’s a good fit for your family. You could renovate your current place, or you could move. Which is the right option for you?

There are two questions you should consider when making your list of possible home improvement projects. Do you plan to sell your home soon? And, do you mind if project does not increase the value of your home? If you answered yes to either of these questions, you might want to cross these projects off your list.

It’s time to get serious about paying off credit card debt.

Wouldn’t it be great to have an unlimited budget for home improvement projects? In reality, most homeowners are working on a small home improvement budget. Here are five home improvement projects that can help either save you money or can increase the value of your home.

Knowing when each type of credit inquiry may occur can help you better identify them and avoid unnecessary hits to your credit score.

Not all home improvements have to break the bank, and often small changes have a noticeable impact on your home’s value. Here are a few ideas for low cost improvements to your home.

It’s often said that things improve with age. A lot of people don’t realize that this is also true as it pertains to your credit score. Credit scores don’t take age into consideration, however approximately 50% of a credit score is based on length of credit history and payment history.

We’ve all heard how important our credit score is. But have you really thought about the lasting effects it could have on your future ability to borrow? Have you taken the time to monitor your credit reports and really understand what they mean? We’re here to help break it down for you!

When most people plan home improvement projects they tend to focus on glamorous changes; kitchens, bathrooms, and basement remodels. These projects can be wonderful and significantly increase the value of a home. However, functional changes like replacement windows, exterior doors, and gutters need consideration for upgrading. Although they may not increase the value of a home, they can significantly reduce heating, cooling and maintenance expenses in both the short and long-term.

If you own a home, building home equity — the value of your home minus what you owe on your mortgage — is an important long-term strategy for building wealth. That’s because home equity is a resource you can borrow against to pay off debt or make investments that help your money grow. With this in mind, you may be wondering how much equity you have in your home, how you can access it, and how you can use it to build your financial future.