How to Leverage Your HELOC to Increase Property Value

How to Leverage Your HELOC to Increase Property Value

A HELOC, or Home Equity Line of Credit, is a loan that allows you to borrow money against the equity in your home. It is a revolving credit line, where you can borrow, spend, and repay funds as you need. Many homeowners use a HELOC for home renovations, and for good reason.  A HELOC allows you to tackle home improvement projects that can not only ensure comfort but also increase the resale value of your property. Here are four wise ways to use H…