One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac: “Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.” With ... » Learn More about One Major Benefit of Investing in a Home
equity
Should You Sell This Year?
There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your house this fall. Opportunity ... » Learn More about Should You Sell This Year?
Why Growing Home Equity Is Great News if You Plan To Move [INFOGRAPHIC]
Some Highlights According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months. That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down payment on your next ... » Learn More about Why Growing Home Equity Is Great News if You Plan To Move [INFOGRAPHIC]
How Your Equity Can Grow over Time
It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. That’s great for your home’s value over the last couple of years, but what if you’ve lived in your home for longer than that? You may be wondering how much equity ... » Learn More about How Your Equity Can Grow over Time
How To Build Equity
As you’re buying/selling a home, you may hear the advice to build equity. But what does this mean? First, let’s go over the term equity. Equity is the difference between your property’s fair market value (FMV) and your outstanding balance on your mortgage. Home equity appreciates when you make ... » Learn More about How To Build Equity
