A Home Equity Line of Credit (HELOC) is a flexible financial tool that allows homeowners to access funds based on the equity in their homes. It is a revolving line of credit with a draw period during which you can use the funds as needed. HELOCs offer several benefits and can be used for various […]
To avoid buyer’s remorse, be sure to consider your future self when shopping for a home. Most new homebuyers don’t regret becoming homeowners. In fact, according to a survey by LendingTree, 80% of recent buyers who successfully overcame a challenging housing market say they’re glad they found their current homes.1 But that doesn’t mean newly-minted […]
Not long ago, home sellers were in their heyday, as historically low mortgage rates triggered a real estate buying frenzy. However, the Federal Reserve shut down the party when it began raising interest rates last year.1 Now, it’s not as simple to sell a home. While pandemic-era homebuyers were racing the clock – trying to […]
How to protect your property from divorce in Colorado Divorce is a tough process, and one of the crucial aspects is splitting assets. Real estate is often one of the most significant assets that couples have, making property division a crucial part of divorce proceedings. In Colorado, the state follows the principle of equitable distribution, […]
There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the immediate impact of dampening homebuyer affordability and demand. But this year, we’re seeing further […]
