Protecting Your Home Means Looking Beyond the Monthly Payment

Homeowners are constantly being offered ways to save money, access cash, reduce risk, or make their homes more efficient. Some of those options can be valuable. Others can create long-term commitments that aren’t immediately obvious. Whether you’re considering solar panels, dealing with an insurance claim, trying to protect a finished basement, or buying out a…

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Your HELOC is coming due… now what?

Millions of Americans took out home equity lines of credit (HELOCs) ten years ago, right around the time that the real estate market was crashing. I love HELOCs and think they are great options for lots of different scenarios but many of them were set up with balloon payments after 10 years, so many people…

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Interest Only Loans: The Right Loans for The Right Borrowers

There are a few different loan products that have been unfairly blamed for the financial calamity that most of lived through in 2007-2008. Blaming a loan for something that scumbag lenders did is a lot like blaming a bank robbery on a crowbar rather than the actual criminals. Interest only loans can be a great…

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