Second Mortgages Finance Vacation Properties in U.S.-Sunbelt
Canadians tap into home equity, using second mortgages to purchase vacation properties at market-bottom prices in the American Sunbelt.
Read moreGenerating Income through a Second Mortgage or Home Equity Loan
Using a second mortgage or home equity loan to tap into existing home equity for investment purposes can generate a favourably taxed income stream from otherwise ‘dead’ money.
Read moreReassuring Analysis on Home Prices and Existing Home Equity
Homeowners seeking to access existing equity through a second mortgage or home equity loan, may be reassured by a forecast from RBC Economics that concludes economic fundamentals do not show a Canadian housing bubble that is ready to burst.
Read moreHousing Numbers Do Not Point to Drop in Home Equity
Homeowners considering a home equity loan need not be overly concerned by recent housing numbers.
Read moreUsing Second Mortgages to Boost Long-Term Equity
Using second mortgages to make home improvements is one strategy to build long-term home equity in a more balanced real estate market.
Read moreRecently Divorced Father Should Take a Second Mortgage for Debt Consolidation
A recently divorced father who still has to finance his daughter through university, is recommended to consider a second mortgage as a financial aid option.
Read moreLeveraging Home Equity in Balanced Markets
Financing home improvements through a home equity line of credit, second mortgage or home equity loan, may be a strategic use of existing equity in more balanced real estate markets.
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