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Is owning a second home a ton of work or a ton of fun?
Your humble home loan may be part of an asset that keeps mortgage money flowing.
How do you pay back a reverse mortgage, and when is it necessary?
Yes, you can pay less each month. Not all methods are worth the time or upfront expense, though.
How much money do you really make when you sell your house?
It’s like a mortgage, only it makes foreclosure a lot easier. Homebuyer beware.
A HELOC works like a big credit card — one that uses your home as collateral for cash you borrow.
But be careful, lest a strategy end up costing you more in the long run.