How to protect your home equity in a falling market

If you own a home with a substantial amount of equity the recent news reports of potential home price drops of 15% to 50% in the next year must be alarming. Particularly if you were planning on using your home equity to fund retirement, college or other large obligations in your future. Watching equity that you were counting on disappear in to thin air makes everyone queasy. But don't feel powerless - there are a couple of ways to protect your home equity from a falling home market. The No-Cost Home Equity Line of Credit is one excellent vehicle that can be used to protect your equity. There are others, which we'll cover in future posts; but today we are going to focus on using the Home Equity vehicle as a way to protect equity in your real estate. Of course, there isn't anything that