How To Unlock The Value in Your Home

by | Jul 12, 2022

how to unlock Home Equity

A helpful blog about using your home equity to not only get out of arrears, but also help save money on interest fees. Settle accounts in arrears Have judgements against you removed

Welcome to Real Estate Assist. I’m here to tell you how we can help you unlock the value in your home.

Unlock Equity and Keep your home

What Is a Home Equity Loan?

A home equity loan is a loan that uses the value of your home as collateral. If you have a home equity loan, you will have to make monthly payments on it, just like any other debt or loan that you might take out. Home equity loans can be used in many different ways: to pay off debt, make home improvements and renovations, consolidate multiple debts into one payment or even purchase a new car!

Can You Take Out a Home Equity Loan on a Paid-off Home?

If you own a paid-off home, you can still take out a home equity loan. You might be tempted to use your home’s value to buy another house. While this may seem like a smart move in the short term, it could end up costing you more in interest payments than if you had just paid off debts and built up savings or invested with compound interest instead.

What Are the Advantages of Doing This?

There are many advantages in doing this. The first is that you can get cash without refinancing, which may not be possible if your home is worth less than what you owe on it. You can also pay off debt and consolidate debt, which will save you money on interest fees and give you more manageable monthly payments. Additionally, if there are any judgments against you that are listed as a lien on your property (this would show up on a title search), these will be removed if the foreclosure is satisfied by paying off all remaining arrears. This means that when it comes time to sell your home again, it won’t have an ugly legal history attached to it!

Home equity

To unlock the value of your home, you will need to do a property due diligence process.

To unlock the value in your home, you will need to do a property due diligence process. The first step is to get a property valuation. The second step is to get a property inspection. The third step is to get a property report and fourthly, it’s getting an appraisal on your house.

To unlock cash-flow from your home, you will need to do a property due diligence process. The first step is getting a valuation on your house or unit from an accredited valuer who’s registered with RIVA (the Real Estate Institute of Victoria).

The second step involves getting an inspection done by an independent building inspector who has no affiliation with any lenders or real estate agents involved in the transaction (these people are called ‘objective valuers’).

Thirdly, ask for copies of all documents relating to repairs or maintenance issues with the property since buying it (like receipts for work done), and if possible try negotiating with whoever owns these assets as well as looking through their bank statements/credit card statements etcetera – this should give creditors more information about how much money they actually owe them! Finally once all this has been done then there should be enough information available which could convince most creditors that they’ve got nothing left outstanding so they’ll release funds back into buyers account straight away without any delay whatsoever!

Include a real estate agency like real estate assist in this process.

Assist Group’s Improve to Sell Program

When you are looking to sell your home, it is important to make sure that the process is as smooth and hassle-free as possible. This will help give buyers confidence in their purchase and get them in a positive mindset so they can focus on making a solid offer.

Real estate assist can help you unlock equity in your property by bringing together a team of experts who can ensure that everything runs smoothly from start to finish. We also help you improve your home before the sale with the help of investors or equity from your home to ensure we get the best price if you want to sell.

Talk with professionals who can help you determine the value of your home

To determine the value of your home, you’ll have to talk with professionals. Ideally, you should use these people as a team. A real estate agent or agency will be able to give you an idea of what your house is worth in today’s market. A property lawyer can help write up the paperwork for a quick sale or lease-back deal.

A real estate accountant can help determine how much equity is available and what interest rates will be used on any loan or mortgage payment plan that is constructed for your situation.

HELOC South Africa

Real Estate Appraiser

A real estate appraiser can assess whether the home needs repairs before it goes up for sale (and if so, how much those repairs would cost). And lastly, a trusted advisor who knows about all this stuff from experience can advise you on which path makes sense for your specific situation—selling vs leasing back vs renting out for cash flow purposes—and why one path may make more sense over another given current local conditions and trends in real estate prices overall (as well as their own knowledge base).

Home Equity Loan With No Mortgage

  • No Mortgage: You don’t need to refinance or pay off your existing home loan.
  • No Credit Check: You can qualify for this program with a bankruptcy on your credit report and no collateral.
  • No Income Verification: Your monthly income does not need to meet specific thresholds in order for this program to be available to you.
  • No Employment Verification: You do not need employment verification when applying for this type of loan as long as you have an active checking account at a financial institution that is insured by the Federal Deposit Insurance Corporation (FDIC), Government National Mortgage Association (GNMA), Federal Home Loan Mortgage Corporation (FHLMC), Government National Mortgage Association (GNMA) or Department of Veterans Affairs (VA).
Home refinance South Africa

Only increases the amount you can borrow with a home equity loan.

A property equity loan is a good way to pay off your debts and get out of arrears. A home equity loan is an unsecured personal loan, which means it’s not backed by collateral such as a car or motorcycle.

A real estate equity loan can be used to consolidate all of your personal loans, like credit card debt, into one low monthly payment. When you do this, you lower the interest rate on these accounts because they’re all at once instead of individually. This makes paying back your debt easier and saves you money in the long run!

Borrowing against your home carries risks that you’ll want to consider.

Borrowing against your home carries risks that you’ll want to consider before taking out a home equity loan.

You could lose your home if you can’t make payments on the loan.

If you sell the home You may have to pay a penalty.

You may have to pay a fee to get a equity loan; this is called an origination fee, and it’s usually about 2% of the amount of money borrowed. You’ll also need to pay closing costs (such as appraisal fees), which can range from $400–$1,000 depending on where your property is located.

If you take out an adjustable rate mortgage (ARM) instead of a fixed interest rate mortgage, interest rates could rise in the future and make it harder for you to keep up with payments on time each month—and this could cause problems if something unexpected happens such as losing your job or having medical expenses.*

Borrowing against your home’s equity can help you finance major purchases or emergencies.

Borrowing against your home’s equity can help you finance major purchases or emergencies. You can use the money for a home improvement project, to help with a large purchase like a car or boat, or to pay off other debts.

In addition, you may find that it is easier to get approved for loans when you use this option instead of going through a traditional lender.

When you have a home equity line of credit, you can borrow against that equity to pay off current debts.

When you have a home equity line of credit, you can borrow against that equity to pay off current debts. This includes credit card debt, student loans and other debts. You can also use the money to make home improvements or pay for college tuition.

A home equity line of credit is different from a mortgage in that it allows you to borrow up to 20% (or more) of your home’s value and only pay interest on the amount you use each month while the balance remains secured against your house and not due until it matures or until it’s paid off completely with no additional fees or penalties attached.

How is a home equity loan with no mortgage different from a normal home equity loan?

A home equity loan without a mortgage is different from a normal home equity loan in that it doesn’t require you to have a mortgage on the property the money is being borrowed against. If you don’t have a mortgage on your house, then this type of home equity loan could be beneficial for you.

Home equity line of credit (HELOC) is another type of financial product that allows for borrowing against your home at any time without having to get another loan or pay off any existing debt before taking advantage of it; however, HELOCs are more flexible than HELOAs since they provide both lower interest rates and longer repayment periods but do come with risks associated with them if used inappropriately

What are the benefits and drawbacks of taking out a home equity loan if you have no mortgage?

Have you ever wondered what the benefits and drawbacks of taking out a home equity loan if you have no mortgage? Well, here’s some information that will help you decide whether or not such an option is right for you.

The biggest benefit of using this type of loan is the amount that you can borrow. This can be as much as 80% LTV (loan-to-value) based on your home’s value, assuming it’s worth more than $250k.

However, if your property has deteriorated in value, then this could also affect how much money lenders are willing to give to borrowers who choose this route instead of going with traditional methods like refinancing their mortgages or taking out equity lines loans through their financial institutions. Another positive aspect is that these types of loans don’t require any monthly payments while being used; they only become due once they’re paid off over time through monthly installments applied against principal balances owed by borrowers.”

What do lenders look at when evaluating your application?

Lenders will use a variety of tools to evaluate your loan application, including:

  • Credit score – This is a number that is used by lenders to determine how likely you are to make payments on time.
  • Debt-to-income ratio – This indicates how much money you’re paying each month in interest (such as credit card bills or car loans), versus what you can afford for your mortgage payment each month. If you have too much debt compared with how much income you earn, this could indicate an unaffordable mortgage payment amount and further inquiries into your financial situation may be necessary before approving the loan.
  • Income – Your lender will want proof of steady income so they can see that there’s enough money coming in each month so that they know their investment won’t go unpaid if something unexpected happens (like losing their job). Also, if someone else (like a spouse) has steady income as well, it helps increase their chances of being approved as well!

Real Estate Assist specializes in unlocking cash from your home

You may be wondering what a home equity loan is, or if you qualify for one. A home equity loan is a great way to get out of arrears by providing you with the funds needed to pay off your debt. You can use this type of loan to settle accounts in arrears and avoid having any judgements against you removed from your credit history. Real Estate Assist specializes in unlocking the value in your home so that it can be used as collateral for the appropriate amount needed at the time when it’s most beneficial for you and your family.


In conclusion, real estate assist offers a service to help you unlock the value in your home through various loans and financial solutions. This can be useful for many reasons such as paying off arrears or purchasing large items such as cars or even starting up a business. We are here to make it easier for you with our professional staff who will walk you through each step of the process and answer any questions that arise along the way.

Disclaimer: The information provided in this blog is for general informational purposes only and should not be considered legal or property advice. We do not take responsibility for any actions taken based on the information provided in this blog. It is always recommended to seek professional advice for your specific legal or property needs. Contact us (Real Estate Assist) if you seek such advice and we will appoint a professional from our team to be of assistance.

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Please Note: We are unable to provide assistance if you do not own a property. Real Estate Assist specializes in helping property owners who are experiencing challenges with their mortgage payments. If you own a property and require support with debt consolidation without going through the debt review process, our team is here to help you explore options to unlock the equity in your home for necessary family matters.

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