Homeownership offers many advantages over renting. You get to make the decisions on what changes to make to your home. With a fixed-rate mortgage, your mortgage payment never changes. Many homeowners receive a tax deduction for the interest paid on their mortgages. And then there's home equity. What ... Continue Reading » about Home Equity Explained
home equity
Using Home Equity to Buy a Second House
Over the past year, Tulsa home prices saw a steady climb. You may have even made some improvements to increase your home's value (and, thus, your equity) since you bought it. Many sellers in today's Tulsa real estate market cash in their equity to buy a new home. Others contemplate using their home ... Continue Reading » about Using Home Equity to Buy a Second House