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Posts about Home Equity

Using Home Equity? Don't Forget These Important Tax Implications

By: John Lutz 01.22.26 4 minute read

Whether it's a home equity loan or line of credit, home equity is a valuable resource for you to lean into as a homeowner. There are several ways in which you can use the funds because of your equity, and the benefits don't stop with that variety. You can also receive significant tax advantages depending on how you're using the home equity funds.

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What is a Home Equity Line of Credit and How Does It Work?

By: John Lutz 01.15.26 4 minute read

Being a homeowner is a major accomplishment in life. Your home is likely the biggest purchase you'll ever make, and you deserve to be rewarded for your hard work and perseverance in owning a home. A Home Equity Line of Credit is a perfect opportunity for you to maximize your home's value and achieve long-awaited goals.

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Home Projects You Shouldn’t Ignore

By: American Heritage 06.20.24 4 minute read

Let’s be honest, home improvement projects can feel overwhelming. Between work, family, and that ever-growing to-do list, it’s easy to put them off for another day. But consider this: Tackling a few key projects now can save you a lot of trouble (and money) down the road. Here’s a quick rundown of some home maintenance tasks that shouldn’t be ignored.

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What Happens When You Refinance Your Home Loan?

By: American Heritage 05.25.23 3 minute read

This could be the right time for you to refinance your home loan. You’ve had the same mortgage for several years now, and you’ve built up home equity. What will happen when you refinance? How do you get this process started, and what does it include? Here’s what you need to know about the process of refinancing your home loan.

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Things to Consider Before Accessing Your Home Equity

By: American Heritage 03.30.23 3 minute read

Home is where the heart is… and it can also be a valuable source of low-cost funds you can use for just about anything. If you’re a homeowner who’s built up equity in your home, you may have the opportunity to access affordable financing through a Home Equity Loan or Home Equity Line of Credit (HELOC). Here are some things to consider before tapping into your equity.

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Use Your Home Equity for Home Projects and Debt Consolidation

By: Holly Love 01.26.23 3 minute read

Soaring home prices over the past few years have caused an interesting side effect – homeowners are finding themselves with a lot more home equity. Home equity is the difference between your home’s value and how much you still owe on your mortgage. For example, if your home is worth $300,000, and you owe $50,000 on your mortgage, you have $250,000 in equity.

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Want to Use Your Home Equity? You’ve Got Options.

By: American Heritage 09.15.22 3 minute read

You already have lots of reasons to love your home. Here’s one more: Your home is also one of your most powerful financial tools — because of your home equity. Your equity is the portion of your home that you own (as opposed to your mortgage lender). If you’ve been making mortgage payments for some time, you’ve probably built significant equity. And thanks to home equity financing options, you can take advantage of your investment without selling your place.

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7 Home Improvement Projects That Won’t Break the Bank

By: American Heritage 04.28.22 3 minute read

Your home is likely your biggest investment – and it’s where you and your family should feel safe, comfortable, and connected. So, whether it’s your forever home or you’re planning to make a move in the near future, you might want to consider some home improvement projects that can deliver value, efficiency, and style. Wondering where to start? Here are seven cost-effective home renovations to consider:

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Home Upkeep: 4 Ways to Keep Your Costs Down

By: American Heritage 01.20.22 4 minute read

Your home is your castle—and castle upkeep can be expensive. But with a little know-how and effort, you can enjoy your home without emptying your wallet. Using less energy, decorating on a budget, taking care of small problems before they become big ones, and doing basic home renovations and repairs yourself can help you keep your home costs down. Sound good? Then this guide is for you.

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Easy DIY Home Maintenance Tips for Winter

By: American Heritage 12.16.21 3 minute read

Owning a home is a big deal. It’s essential to keep up with regular home maintenance tasks to protect your asset and make sure everything remains in good working condition – especially since you can’t just call your landlord when something goes wrong or breaks. Whether you’re a new homeowner or you settled into your place a while ago, these easy DIY home projects can help you save money over the long run. Get started while you’re cooped up inside during the cold winter months, and help lower your energy bills and improve your quality of life throughout the year.

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