Monday, February 12, 2007

Yahoo! - "Take your home equity and run" (2-9-07)

"Extra equity is an added benefit to the American dream. You can manage this equity in one of several ways. You can sit on it and hope that the real estate market in your area doesn't tank. You can tap your equity and use it -- generally not a good strategy since you have to pay it back. Or you can cash it out and move to an area where the housing dollar buys more for the buck."

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