Do you have high-interest credit cards you’d like to pay off? Or maybe you’re thinking of a series of home renovations? A home equity line of credit might be the perfect solution.
A home is usually the most expensive purchase that the average American consumer makes. The hope, generally, is that the upfront cost of the house will create dividends in terms of equity as the value of the home increases over the years. And if you stay in a home for decades, making regular monthly mortgage payments, it’s an investment that probably pays off.
Buying or selling a home is an exciting time. But whatever you’re feeling—enthusiasm, relief, elation—there also needs to be an element of caution. If you’re involved in a property transaction, you need the guiding hand of a real estate attorney.
When you build a new house or undertake a major home renovation, you spend a lot of time with builders and contractors. How can you be sure you’re getting the best person for the job?