Let's Talk about HELOCs
Yes, let's talk about HELOCs more than you talked about them in high school or college, which is to say, let's talk about them at all. I'm sure we've all done a lot with our knowledge of the pythagorean theorem since tenth grade, but now is probably a good time to learn about a widely available financial instrument that lets you leverage your house for money. First things first, what is a HELOC? HELOC stands for Home Equity Line Of Credit. Great, but what does that mean? It m