What is House Equity and How Does it Change?

Equity, which I refer to as wealth in the house, is the difference between the value of your house at any given time and the balance of any outstanding liabilities, such as a 1st mortgage, equity line of credit, etc… attached to the house at that same time. For example, if your house is worth $350,000 and the current Read More >

Is Your House a Good Place to Park Your Wealth?

The most basic purpose of a house is to provide a place to meet our physical needs for safety and shelter and our social needs of family and community. We believe most people would agree that the house serves each of these purposes quite well. However, many people use the house in a way that it was not intended or Read More >