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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

APRIL 4, 2024

Key takeaways Home equity loans and HELOCs are both financing tools that allow you to borrow against your ownership stake in your home. Both act as second mortgages, using your home as collateral, and may offer tax deductions if the funds are used for substantial repairs or upgrades. Home equity loan: What is it?

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Save Money – Develop Important Home Owner Skills

Prairie Eco-Thrifter

AUGUST 23, 2012

With interest rates at all time lows, more foreclosures coming on the market and prices at decade low levels, you may be looking to buy a home or investment property. Heck, even to make an offer on your dream home, you have to negotiate with your spouse and family! Home Maintenance – Keeping Things Up to Snuff.

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