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Borrowing Money

May 2020

Staging your home to sell

Posted in Borrowing Money on May 26, 2020

Many, many years ago, when you went to sell your home, the thought process was to get as much stuff out of the house as possible. Realtors wanted roomy with basic white or eggshell walls and free of pictures, especially family memories. The idea was to have a big, blank canvass so potential buyers could use and stretch their imaginations to see it as a place for them.

 

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5 Things You Need to Prioritize Financially When Leaving Home

Posted in Borrowing Money on May 18, 2020

Venturing out on your own as a young adult can feel equal parts freeing and intimidating. Hopefully, you know the basics of running a household and generally taking care of yourself. But what about finances? Here are five things you need to prioritize when it comes to money.

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When purchasing a house, why do I need an appraisal?

Posted in Borrowing Money on May 12, 2020

There’s a lot of paperwork involved when you buy a house. It usually starts out with a mortgage application and pre-qualifying to see how much you can spend on a new home. Then there’s the contract once you find the right house for you and your family. By the closing, many buyers feel overwhelmed by the paperwork and as if they’re signing their life away. That's perfectly normal, as buying a home is a complex process.

 

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CDC Federal Credit Union teams with Southern Auto Solutions bringing members an easier way to purchase a vehicle

Posted in Borrowing Money on May 4, 2020

Not that long ago, buying a new vehicle meant spending hours at a dealership. But today, there are other ways to buy a car. Ones that are much simpler and less stressful.

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How a Home Equity Line of Credit can be helpful

Posted in Borrowing Money on May 1, 2020

Money may be tight right now. And for some folks, even with the stimulus money, you may still need some extra cash to tide you over. If you own your home, then a Home Equity Line of Credit, aka as a HELOC, may be a good solution.

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