
How to get equity out of the house you’ve paid off
Sometimes, it’s even easier than if you still had a mortgage. But there are caveats.
Mia Taylor is a contributor to Bankrate and an award-winning journalist who has two decades of experience. She has worked as a staff reporter or contributor for some of the nation's leading newspapers and websites including The Atlanta Journal-Constitution, the San Diego Union-Tribune, TheStreet, MSN and Credit.com.
Sometimes, it’s even easier than if you still had a mortgage. But there are caveats.
A breach of covenant is the violation of a contractual promise.
It’s a hybrid product that can combine the best of both borrowing worlds.
Unlike a late payment, true default comes with consequences that can last for years.
It’s possible to use your 401(k) to buy a house, but it should probably be a last resort.
Price per square foot can be a useful metric for home pricing, but it’s complicated.
Refinance your student loans to get lower interest rates or a lower monthly payment.
A breakdown of real estate agent commissions in Colorado.