Equity And Home Value

Learn what equity is and the different ways it can benefit you

Featured Articles:

What Is Home Equity And How Can I Access It?

Home equity is the value of the portion of your home you own. Discover the multiple ways to tap into that equity and how to calculate it.

Consolidate Debt To Combat High Rates

The Federal Reserve has begun lowering the federal funds rate. With rates still elevated, it’s a good time to use your equity to consolidate high-interest debt.

A family with a dog, suggesting a family accompanied by a pet in a residential setting.

5-minute read

What Is Negative Equity and How Does It Work?

Learn about negative equity and how it can affect you. Read on to see what you can do if your assets are underwater.

A woman hugging her father in front of a property possibly in woods.

5-minute read

Step-Up In Basis Defined: How Does It Work?

If you’re deciding between gifting your home or bequeathing it, you may want to weigh the tax implications first. Learn how a step-up in basis benefits heirs.

Someone painting the outside of a house, symbolizing sweat equity in home improvement.

6-minute read

Sweat Equity In Real Estate: What Is It And How to Leverage It

Sweat equity is the official unpaid time and effort an individual puts into a project. Discover how it works to leverage it best.

Father holding young son while he does paperwork at home.

7-minute read

Is a HELOC a good idea? How to decide

Wondering if a home equity line of credit (HELOC) is a good idea for you? Find out what you should consider before choosing this financing option.

Smiling woman reading information on laptop.

6-minute read

When Are HELOCs Tax Deductible?

A HELOC may be tax deductible depending on when you took it out and what you used the funds for. Learn more about IRS guidelines on HELOCs.

Family of three smiling together while sitting in a couch.

5-minute read

Can You Use A HELOC For Credit Card Debt Consolidation?

Some homeowners use a HELOC for credit card debt consolidation. Learn the pros and cons and how to determine whether a HELOC is right for you.