The Burren. The Burren is an amazing place. It is a karst limestone region of approximately 300 sq km which lies in the North West corner of Co Clare, in Ireland. It is composed of limestone pavements, which are eroded in a distinctive pattern known as karren.
Home equity is the amount of money you have already paid against the value of your home. A simple formula for determining your home equity is to subtract the amount of the mortgage balance from the current fair market value of your home. In other words, your equity increases as your mortgage balance decreases.
A home equity line of credit is a form of revolving credit with a specific credit limit which is secured by the equity in your home. To access your available credit, you will use the account checks that we provide and write a check for $500 or more to the party you want to pay. You may also write the account check to yourself for deposit to your checking account, and then pay parties using your checking account.