Your home equity represents the share of your home that you own outright — either paid for in cash or repaid on your mortgage. If the value of your ownership stake is substantial, you could utilize that equity to fund
Tag: Equity
Should you use home equity to finance emergency repairs?
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When you own a home, unexpected repairs are likely to happen. Whether it’s a failed water heater, broken pipes or something
One City’s Attempt to Bring Racial Equity to Home Repairs
As the nation continues to confront the affordable housing crisis, there are big questions around how to address housing challenges equitably and sustainably. In Detroit, one such approach is interest-free home repair loans.
Established in 2015, Detroit’s 0% Interest Home