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Real Estate

Documents to Keep Ready Before Buying Homeowners Insurance

Buying homeowners insurance is easier when you have the right information ready before requesting quotes. Insurers need to understand the property they are being...

7 Photos Homeowners Should Take to Support an Insurance Claim

When a home is damaged by a storm, fire, burst pipe, falling tree or another unexpected event, homeowners often focus on making repairs and...

USAA vs Farmers: 7 Things Homeowners Should Know Before Choosing

Choosing homeowners insurance involves more than finding the lowest annual premium. Homeowners need to consider how much it would cost to rebuild their property,...

Differences Between Landlord Insurance and Homeowners Insurance

Owning a home and owning a rental property may involve the same building, mortgage payments, maintenance responsibilities and exposure to property damage. However, the...

The New Home Equity Equation: More Wealth, Less Liquidity

For much of the past decade, rising home values have transformed the financial position of millions of homeowners. A property purchased years ago may now...

Why Homeowners Are Choosing Second Mortgages Over Refinancing

For homeowners who need access to cash, refinancing used to be one of the most obvious options. A homeowner could replace an existing mortgage with...

Why Access to Home Equity Can Become Harder When You Need It Most

For many homeowners, home equity represents a form of financial security. A property may have appreciated significantly over the years, while the outstanding mortgage balance...

What Happens When Your Home Is Worth More but Your Finances Feel Tighter?

There is a financial contradiction facing many homeowners today: their homes may be worth considerably more than when they bought them, yet their monthly...

The Hidden Cost of Waiting for Mortgage Rates to Fall

For years, prospective homebuyers have been told that patience can pay off. When mortgage rates are high, the instinct is understandable: wait for rates to...

Why Mortgage Lock In Is Preventing Millions of Homeowners From Moving

For decades, the housing market has relied on a natural cycle of movement. First time buyers purchase starter homes, growing families move into larger...

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