home equity: Farmington Hills Michigan Home Equity Loan Options - 11/27/17 04:16 AM
There are a few different types of home equity loans. Some may be a better alternative than others based on your situation, interest rates, and the reason for your home equity loan. The Farmington Hills Michigan home equity loan options detailed in this article may help you understand your options.
Home Equity Loan TypesCash-out RefinanceA cash-out refinance pays off your first loan and creates a new one. The new loan includes the amount of the old loan, the extra funds you are taking out and applicable settlement costs. Because you are replacing the old mortgage, rather than taking out a new one as a … (2 comments)

home equity: IDLE EQUITY: Put Your Home’s Equity To Work With Six Savvy Strategies - 05/26/13 12:01 AM
Do you have idle equity sitting in your home that could be building wealth instead? One of the great aspects of homeownership is that you increase your wealth every month by building equity in your home and reducing your tax bill at the same time.
After you’ve been in your home a few years, you may have some equity that you could put to work for you. Even if the property has appreciated by just a few percentage points per year, significant equity can build up fairly quickly. Just be sure you retain enough equity that you’ll be able to pay … (0 comments)

 
Tom Gilliam- RE/MAX Classic, Exceeding Your Expectations (Re/Max Classic)

Tom Gilliam- RE/MAX Classic

Exceeding Your Expectations

Farmington Hills, MI

More about me…

Re/Max Classic

Address: 29630 Orchard Lake, Farmington Hills, Michigan, 48334

Office: (248) 737-6800

Mobile: (248) 790-5594

My blogs are about helping home buyers ,home sellers and even home owners with new and old ideas to prepare them for either scenario. Being a Realtor in Oakland county Michigan is a fulfilling job and I'm very proud to share my knowledge and to learn from other as well.


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