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 »

Is taking out a home equity loan or refinancing a home better?

On One Hand: Cash-Out RefinanceA cash-out refinance is best if interest rates have fallen since you took out your mortgage. The cash-out refinance will lower the interest rate on the entirety of yo... Read More »