Home Equity Loans and Home Equity Credit Lines: Uses and Resource Center

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3 Keys to Selling Your Home Without Taking a Loss

from our LIBRARY

Many homeowners assume that they can sell their home for a reasonable or even sizable profit several years or more after buying it. After all, they assume that property values have increased, and they understand that mortgage payments result in debt reduction. However, some homeowners take a significant financial loss when selling their property. You understandably want to make the most intelligent financial decision regarding the sale of your home. These are some of the steps that you can take to reduce the chance of selling for a loss.

Home Equity Tip

for the week of: April 22

THERE MUST BE AN EASIER WAY TO MOVE

Use our home relocation center for moving vans, house hunting, packing, and everything else:

Weekly Tip:
view our weekly "home equity" tip

Building Equity: Why You Should Quit Renting and Buy a House

from our LIBRARY

If you're like most young adults, you've probably been renting since you moved away from home. Although this works, once you live in a place where you plan to stay for the long haul, it's smart to save up a down payment and buy a home. Here are the top four reasons why this is a good idea.

Older Garage? 4 Essential Updates to Make ASAP

from our LIBRARY

You might have memories of the garage at your childhood home where you stored your bike as a kid and parked your first car as a teenager. However, if the garage at your current home still resembles that one, you might be in need of some updates to make it safer and more efficient.

at our home equity library

Read more articles at our Home Equity Library

get your home value

Check the market value of the home you are reviewing and neighborhood. It is a report you can use to structure your financing request.

What's it worth?

order your personal
valuation report
sample property reports:

- property valuation
- recent sales report
- comparable sales
- property report

view sample reports:
enter address-zip

becoming a bank

Use your equity to become your personal bank

step1: open an equity line account
make sure it has zero fees for withdrawals
step2: advance yourself money for a life-event
borrow funds from your equity line to pay for a life-event
step3: deposit all income into the account
deposit all of your income into the equity account - this includes your pay and other misc. income
step4: pay all living expenses from account
pay your mortgage, housing, food, utilities and all other living expenses using your equity line account
step5: excess income reduces debt balance
the discretionary income will pay down the balance over time

view this module for more illustrations

Quick Home Equity Reference

FREE 1-page map to navigate through the home equity process:

understanding equity types
reviewing features
using calculations
getting qualified
submitting the application
becoming a bank

print navigation map

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About YourEquity.com
Home Equity • Home Equity Loans • Home Equity Lines of Credit • Home Equity Credit Lines
Home Equity Borrowing • Home Equities • Home Equity Use • LTV Calculator

About Home Equity Loans

YourEquity.com summarizes everything you need to select the right home equity loan or home equity credit line for consolidating debts, remodeling your home, buying a new car or truck, sending your child to college, starting a home business, paying off your mortgage, or planning some life event where you act as the banker giving yourself money when and as you need.

You will find home equity rate information, home equity calculators, home equity uses, and summary information between home equity loans and home equity credit lines.

You can become the expert by starting with our quick reviews of the home equity. It will illustrate tools and uses of your home equity. Our objective is to make you a home equity loan expert, so that your can negotiate the best home equity rate and home equity product.

And when you are ready to submit your loan application, use our lending network to shop and find the best home equity line or loan for your needs.

The Banker Line of Credit (BLOC)

Did you know that you can convert your home equity line account into a banker's account (BLOC). View our slide presentation on how the BLOC can can function as a money account. Use the BLOC to payoff debts (including your mortgage) and to finance needs at the least amount of interest. We offer a 10-step plan to successfully manage your BLOC account...