The Homestead Declaration: Simple protection for your most valuable asset
Very often, a person’s home is their most valuable asset. As the homeowner’s equity grows, they take many steps to protect their investment, including securing homeowner’s insurance and spending countless hours and dollars maintaining the home. Unfortunately, many Massachusetts homeowners are unaware of an inexpensive, yet highly effective, way to protect the equity in their primary residence, which is the Homestead Declaration.
Basic homestead protection
A Homestead Declaration declares your primary residence, whether a house or condominium, to be your homestead.
You may read more at the link below.
by: Gina M. Barry