what is the best way to get equity from your home? Refinance, remortgage or a home equity line of credit?
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One Response to “what is the best way to get equity from your home? Refinance, remortgage or a home equity line of credit?”
You didn’t give this one, but the best way, best being cheapest to you, is to sell the property. Assuming it is your primary residence and the tax gain will not exceed either $ 500k joint filers or $ 250 k for all others.
I guess you only want to do one of the three. That answer to that question depends on your personal circumstances. What rate and term do you currently have? What rate and term can you you get on refinancing? What kind of deal can you get on the home equity LOC?
You didn’t give this one, but the best way, best being cheapest to you, is to sell the property. Assuming it is your primary residence and the tax gain will not exceed either $ 500k joint filers or $ 250 k for all others.
I guess you only want to do one of the three. That answer to that question depends on your personal circumstances. What rate and term do you currently have? What rate and term can you you get on refinancing? What kind of deal can you get on the home equity LOC?