Home equity is a great asset, and gaining access to it through a home equity loan can be also be a wonderful financial resource. But when using home equity always follow one simple rule: never use home equity for anything other than home improvements or other projects or purchases that directly contribute value to your home. Otherwise you are only robbing yourself by undermining the worth of your most important financial asset. Home equity loans – unless they were directly used for home

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Lessons from Texas on Avoiding Home Equity Loan Mistakes

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