The Pros and Cons of a Home Equity Loan
Charles Sachs, Chief Investment Officer at Kaufman Rossin Wealth, has provided his insights to Next Advisor for the online article, “The Pros and Cons of a Home Equity Loan” written by Mike De Socio. The story details the pros and cons of home equity loans, featuring a quote from Charles on how home equity loans can be a good way to access untapped equity.
“There are a lot of reasons borrowers like home equity loans: They’re one of the cheapest forms of debt available, they can give you a large sum of money upfront and their payments are predictable.
‘Many people have untapped equity in a home,’ says Charles Sachs, certified financial planner at Kaufman Rossin Wealth, LLC in Miami. A home equity loan is a great way to tap into it.”