Beacon Hill condos

Money is one of the elements that easily comes and goes just as easily goes. If you have a Boston Beacon Hill condo you want to make sure that the flow of money coming and leaving is to your advantage. By investing in a home equity line of credit, you will have the ability to invest, finance and profit off of what you are able to have in property value.

A home equity is where one can borrow against their Beacon Hill condo with the loan that they are using. It will allow you to take out a second loan in order to consolidate debt and pay off major parts of your loan. When this is in a line of credit, the way in which the transaction is made will differ. A regular home equity loan will give you a sum of money at one time. When this is in a line of credit, it will shift the balance as you pay the loan back. During the loan period, you can borrow a certain amount, much like a credit card. With a line of credit, you can borrow what you need at certain times or leave parts of the loan in the bank.

The major advantage of having a home equity line of credit is that you can use it like a credit card. This means that you can use as much or little as you need at one time, and pay back the line of credit at your own convenience. If you don’t use the full line of credit, you can use the extra amount of money later on in order to make more investments. If you sell your Beacon Hill house, you only responsible for what you have spent with your line of credit.

The major advantage of using home equity like credit is that it won’t be as risky as other types of home equity loans. Because you can take it in any type of dose that you want, it will give you the ability to spend as you need and pay back as you want. For anyone wanting to make a little more of an investment in order to spruce up their Downtown Boston Condo, or for other reasons, this is a great way to do it.

Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

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