home value

Short & Long-term HELOC Benefits

A Home Equity Line of Credit (HELOC) offers several benefits to homeowners, depending on their financial needs and circumstances. Higher mortgage rates cooled homeowners’ desire to move. Fortunately, increased home values make accessing home equity a popular alternative ...
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The Difference Between a HELOAN and a HELOC

A “HELOAN” is not a widely recognized financial term. It may be a combination or abbreviation of two related terms: “HELOC” and “Home Loan.” In this article, we explain both of these terms and the differences: HELOC (Home ...
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What is a HELOC?

HELOC stands for Home Equity Line of Credit. It is a financial product that allows homeowners to borrow money using their home’s equity as collateral. HELOCs are often used for various purposes, including: Home improvements Debt consolidation Education ...
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Valuing your house

If you want to sell or refinance, it’s very important to understand the true value of your home.  Many factors impact your home’s value, including: Market demand Recent sales in your immediate area (comps) The condition of your ...
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