How to Buy Out Home Equity in a Divorce?

Answer In a divorce, the home is often the largest asset a couple divides. Sometimes, if they have enough other assets, the court will award the house to one person and equitable assets to the other perso... Read More »

Top Q&A For: How to Buy Out Home Equity in a Divorce

What is the difference between a home equity loan&a home equity line of credit?

Home equity loans and home equity lines of credit are two ways to borrow against the value of your home. Though they both use your home as collateral, they differ in a number of ways.Accessing Fund... Read More »

How to Divide Equity in Divorce?

Equity is defined as the difference between the value of real estate owned and the amount still owed against it on a mortgage. A divorce provides for the equitable distribution of the couple's asse... Read More »

How soon after buying a home can you obtain a home equity loan?

In some cases, you can apply immediately. Home equity loans are based on the value of the home versus the amount owed. Those who bought below market value or who had large down payments will have m... Read More »

Can I Use Equity in Present Home As Down Payment for Second Home?

Homeowners buying a second property or new home can extract funds from equity in their current home for use as a down payment. People who have an existing home equity line of credit, or HELOC, have... Read More »