Is a Reverse Mortgage a Ripoff?
Reverse mortgages are special types of loans that give older homeowners a way to turn their home equity into a source of income they can use during retirement. When they …
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What Is an Enhanced Life Estate Deed?
Key Takeaways An enhanced life estate deed transfers ownership of property after the owner’s death without the necessity for probate. The owner retains control of the property after the deed …
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Definition and Example of the Fair Housing Act The Fair Housing Act is a law enacted in 1968 and has been updated several times since its inception. The law is …
What Is the Fair Housing Act? Read MoreWhat Is Elder Law?
Key Takeaways Elder law is a field of law that focuses on legal issues that affect older individuals. Major areas of elder law include disability and special-needs planning, long-term care …
What Is Elder Law? Read MorePower of Attorney Duties After the Principal’s Death
You can’t get a power of attorney to act for someone after they have died, and an existing power of attorney becomes invalid upon the death of the principal—the individual …
Power of Attorney Duties After the Principal’s Death Read MoreWhat Are Fungible Investments?
Key Takeaways Fungible investments can be bought and sold on different exchanges. Fungible trading works when you can buy/sell on one exchange, and sell/buy on another exchange, netting your share …
What Are Fungible Investments? Read MoreHELOC Pros and Cons
HELOC Home Equity Loan Secured by your home equity Secured by your home equity Low interest rates Low interest rates Usually variable rate Variable or fixed rate Draw funds multiple …
HELOC Pros and Cons Read MoreWhat Is a Stock Market Quote?
Key Takeaways A stock quote shows the current price of a stock based on recent activity on its exchange. It also includes a wide range of additional information to help …
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Hosting a place on Airbnb can be a lucrative undertaking—although financing the initial investment might seem daunting. To help you gain a greater understanding of financing an Airbnb business, we’ll …
How To Finance an Airbnb Business Read MoreWhat It Means for a Stock to Be Overweight
If you’ve ever read a report from an investment analyst, you may have seen stocks described as “overweight.” It can be a confusing term. Most people are used to seeing …
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