How Home Equity May Help You Buy Your Next Home in Cash

Monday, December 23rd, 2024
Gretchen Tipps

Building equity in your house is one of the biggest financial advantages of homeownership. And right now, homeowners across the country are sitting on   record amounts   of it.

Here’s a look at how that equity could be a game changer for you, and why it’ll flip your perspective from “Why would I move right now?” to “Why wouldn’t I?

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Building equity in your house is one of the biggest financial advantages of homeownership. And right now, homeowners across the country are sitting on record amounts of it.

Here’s a look at how that equity could be a game changer for you, and why it’ll flip your perspective from “Why would I move right now?” to “Why wouldn’t I?

Read More

The Truth About Down Payments

Friday, December 20th, 2024

Some HighlightsThere’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.And if you want to give your savings a boost, look into down payment assistance. There are thousands of programs that offer an average benefit of nearly $17,000.

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