Ellen Chang is a freelance journalist based in Houston. She has covered personal finance, energy and cybersecurity topics for TheStreet, Forbes Advisor and U.S. News & World Report as well as CBS News ...
A house is worth whatever someone is willing to pay for it, in simple terms. However, in reality, a home's value depends on the market and whether you ask a lender, an agent or a county tax assessor.
Knowing how to calculate home equity gives homeowners a way to understand their home’s worth — and potentially liquidate it for their needs or wants. To calculate your home equity, take your home’s ...
Calculating land value for tax purposes may seem tricky, but it doesn't have to be. There are many ways to determine property valuation for tax purpose. But the three valuation methods most commonly ...
Home equity loans and home equity lines of credit allow you to borrow money using your home to secure the loan. Because lenders set borrowing amounts based partly on the amount of equity you have, ...
Home equity is the difference between the appraised value of your home and the amount you still owe on your mortgage. The greater your home equity, the easier it is to qualify for other financing like ...
It pays off to truly understand the value of being a homeowner, especially when money's tight. Rather than resorting to taking out personal loans or racking up credit card debt, you can consider ...