#home-equity

#home-equity

Advisers warn that retirees frequently spend too freely in their go-go years, when travel and leisure costs peak. The latest Consumer Expenditure Survey from the Bureau of Labor Statistics (BLS) found that average annual spending for adults ages 65 to 74 was $65,149, dropping nearly 20% by age 75. As a result, overspending early can strain savings meant to last decades, while excessive caution can lead to missing out on achievable goals.

Homeowners shouldn't have to borrow against themselves just to access the value they've already built, said Nick Liuzza, co-founder and CEO of Beeline. By putting home equity on blockchain rails, we're creating a smarter, more transparent financial alternative one that's free from interest rate swings and credit friction. BeelineEquity allows homeowners to access liquidity from their home equity without taking on debt, making monthly payments or undergoing credit underwriting.

Consumers burdened by high-interest credit card debt or collections often struggle to qualify for mortgages, secure favorable terms and are at higher risk of foreclosure. Here's how debt reduction solutions can help: 1. Expand the qualified buyer pool Programs like structured debt repayment plans can rehabilitate credit profiles, helping near-miss applicants meet underwriting standards. 2. Accelerate the path to homeownership By reducing debt-to-income ratios and improving credit scores, these tools shorten the timeline from financial distress to mortgage readiness.

Nearly one-third of Texas homeowners might face unexpected tax bills when selling, as 32.9% exceed the $250,000 federal capital gains exemption.

In New York, 46.1% of homeowners possess home equity that exceeds IRS capital gains tax exclusions, leading to potentially significant tax liabilities upon sale.

Homeowners in New Jersey face significant tax bills due to home equity exceeding the IRS capital gains exclusion limits. 46.2% exceed $250,000 and 12.7% exceed $500,000.

Over half of Montana homeowners possess home equity exceeding IRS capital gains tax exclusions. With home prices up, middle-class sellers face unexpected tax burdens.

Louisiana homeowners face potential tax bills due to outdated federal caps on home equity, with 9.8% exceeding $250,000 gains subject to taxation.

According to the National Association of REALTORS®, 54.9% of homeowners in Idaho have built up equity exceeding the $250,000 exemption for individual filers.

The company believes its innovative approach delivers breathing room that traditional loans simply can't match, allowing homeowners financial flexibility and stability.