Sentences with phrase «often substantial equity»

Home equity loans are a popular financing device for new business owners because there's often substantial equity tied up in a home, and the loans are easy to come by.

Not exact matches

Maine seniors, like many across the nation, struggle to make their monthly bills while they are sitting on a substantial investment often forgot about - the equity they have built up in their homes.

Many Americans own a home and have substantial equity, but at the same time are paying credit card debt at a high interest rate, often near or above 20 %.

If you've retained a sizeable chunk of your home equity, you might be able to use the proceeds of selling the family home to help afford the often substantial costs of a retirement home (for seniors who need a little help with activities of daily living) or a nursing home (called «residential care» in B.C. and «long - term care» in Ontario, for seniors who need a lot of help).

Have A Financial Backup Plan — Many senior homeowners with a substantial amount of equity often fail to consider the equity in their home as a source of money for unexpected expenses, like home repairs, or medical bills.

Many senior homeowners with a substantial amount of equity often fail to consider the equity in their home as a source of money for unexpected expenses, like home repairs.