Home Equity Agreements — what are they and why should you care?
Equity sharing agreements — also known as home equity investments (HEI) — are a relatively new and often misunderstood way to get cash from your home equity Below I will explain what they are,... more
5 Ways to Access Your Home Equity
If you’re a homeowner looking to access your home equity for cash, you’ve got a few options to choose from You can pick a HELOC, home equity loan, cash-out refinance, reverse mortgage, or home... more
When it’s smart to access your home equity with rising interest rates
Just like your doctor shouldn’t recommend that everyone smoke cigarettes, an expert in home wealth management should not recommend that everyone refinance their mortgage This is especially true... more
Read These 4 Simple Investment Strategies Before You Invest That Extra Cash
As a homeowner, how do you decide what to do with extra cash to improve your financial situation I ask people about this all the time, and few are confident in their answer Often, they settled on a... more
LTV, DTI, IR, FICO: Four Pillars of Home Financial Wellness
Homeowners often ask, what else is important for my home financial wellness This may come up when accessing home equity, planning for retirement, understanding the right time to refinance, or... more
5 Common Mistakes We Heard From Homeowners Who Pay Off Their Mortgage Early
Ever wondered why people who earn millions and can afford to pay cash for their home would still have a mortgage The short of it is because they will be millions of dollars richer after 30... more
Why Savvy Homeowners Track Home Equity Not Home Value
What’s my home worth Whether you’re checking out recent home sales in your neighborhood or snooping a neighbor’s home value on Google, this is what we all tend to focus on It’s the biggest... more
How to Access Your Home Equity Without a Great Credit Score
Accessing home equity is a hot topic among homeowners we work with — whether for retirement, home improvement, to consolidate debt, make an investment, or pay an unexpected expense Homeowners with... more
6 Common Mistakes Homeowners Make When Accessing Their Home Equity
Many of us who have owned a home for at least a couple years are sitting on a lot of home equity because of the run-up in home prices over the past decade (even if we also feel poorer day-to-day,... more
The Truth About Home Equity Conversion Mortgages
Does the quote above sound like something you may have said I hear some version of this all the time from homeowners that I speak with On the one hand, the run-up in home prices since 2012 has left... more
Why Wealthy People Have Mortgages
Why would someone who makes millions of dollars per year, and could easily pay for their house in cash, still have a mortgage Said another way, why do rich people feel so strongly about taking on... more
Debunk a common myth of PMI
In this blog, I want to debunk a common myth that we often hear from homeowners: you have to wait 5 or 10 years before you can stop paying private mortgage insurance (PMI) Not true! I confess: my... more
9 Ways to Save Money on Homeownership in an Uncertain Economy
There’s a lot of anxiety brewing about the economy right now It’s understandable — inflation is high, interest rates increased quickly, companies have announced layoffs or hiring freezes... more
