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Heloc

The Pre-Crisis HELOC Chickens Are Coming Home to Roost

Jack M. Guttentag | Posted 06.19.2015 | Business
Jack M. Guttentag

Your loans were made at the height of the housing bubble, and looked like a great deal at the time. By using a HELOC as a "piggyback" second mortgage, you were not required to make a down payment or to purchase mortgage insurance.

Payment Shock: What Unnoticed Fallout From The Mortgage Lending Crisis Could Mean for You

Buck Wargo | Posted 06.18.2015 | Fifty
Buck Wargo

For those considering a reverse mortgage, there's a lot going on in the industry right now that could affect whether many older Americans consider one or even be able to take one out.

Buying a New House Before Selling the Old One

Jack M. Guttentag | Posted 05.05.2015 | Money
Jack M. Guttentag

Whatever the reasons for the move, many face the same challenge: how to use the equity in their existing house to purchase the new one before completing the sale of the old one. Selling the old one first avoids this problem but requires two moves, which is a major expense and a hassle.

When to Ignore the APR and When to Use It

Jack M. Guttentag | Posted 11.11.2014 | Business
Jack M. Guttentag

For over 40 years, the centerpiece mortgage disclosure mandated by Truth in Lending (TIL) has been the Annual Percentage Rate or APR. Recently, admini...

Here's Possibly The Worst Financial Advice Ever

The Huffington Post | Mark Gongloff | Posted 03.20.2014 | Business

Little by little, the crazy is returning to financial markets. Borrowing money against your overpriced home in order to gamble in the stock market ...

How to Sell Your Home and Buy Another at the Same Time

realtor.com | Posted 09.07.2013 | HuffPost Home
realtor.com

There is no right answer in choosing any of these scenarios. Your Realtor may be able to advise which is best, depending on the local market. However, much depends on your financial stability, as well as your tolerance for risk or disruption.

When Does Home Remodeling Make Financial Sense?

Jason Alderman | Posted 11.17.2011 | Healthy Living
Jason Alderman

My wife and I survived two major home remodeling projects and we've got the battle scars to prove it. Here are a few considerations to weigh before you decide to remodel.