If you're a homeowner, then you've probably heard of home equity before — at least in some form or fashion. Whether your neighbor recently did a cash-out refinance or you've been told you can "take money out of your house" for renovations or expenses, it all comes down to home equity — and how much [...]
When it comes to credit card debt, over-extending oneself can happen to anyone. One reason many find themselves in a downward debt spiral is that in attempting to dig themselves out, they only make things worse. Do you pay the minimum balance month after month, convinced you'll catch up "eventually"? Are you transferring credit card [...]
Divorce is never easy. Even for those couples with the best intentions, the division of property can become contentious. For couples who have a mortgage and are trying to decide what to do about the house, here are some options to consider. Sell the Marital Home If neither you or your spouse can afford to [...]
Lives can change in a short amount of time. It's possible the situation you are in today could be drastically different than the situation you found yourself in just five years ago. Maybe five years ago, you were fresh out of college, starting your career, single, and purchased your first home. Maybe today, you're married [...]
Here we are a few days into 2019 and many New Year's resolutions are likely complete fails, "pot" stocks may be the only sure thing for investors this year, it seems like the 2020 presidential primaries are kicking off, and there is a partial government shutdown. That does not sound like much of a start, [...]
A whopping 87 % of seniors say they're fans of aging in place, preferring the homes and properties they’re accustomed to rather than a senior housing community or assisted living facility. If you’re one of the overwhelming majority planning to stay put in your older years, then it’s time to start making some adjustments at home. [...]
For many homeowners, renovations can be a smart investment. Not only do they make your home more comfortable, convenient, and enjoyable for the time being, but they can also increase the property’s value and marketability when it comes time to sell. Ultimately, that means more money and less time wasted — all huge advantages. But [...]
A cash-out refinance is a way for you to pull money out of the equity you have in your house. This new mortgage replaces your existing mortgage with an amount that's higher than what you presently owe. The difference between the two is cash that comes to you, minus closing costs. Many homeowners use this [...]
With the rise of shows like “Fixer Upper” and “Flip or Flop,” DIY renovations have become one of the hottest trends with today’s homeowners. But updating your property takes more than a few feet of shiplap and some shabby chic paint — especially if you want your reno done safely, properly, and in an aesthetically [...]
Doesn’t it seem like the first step in accomplishing almost anything is always the hardest? That common paralysis happens to people all the time in a variety of circumstances, especially when decisions can be life-changing. One of those big events under the “life-changing” category? Buying or refinancing a home — something Embrace has a lot [...]
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