Home Equity
71 articles published
- One Number Could Change Everything About Your Next MoveWhen’s the last time someone told you what your house is worth? Not what some online valuation tool guessed. Not what your neighbor’s house sold for. What yours is actually worth right now. For a lot of homeowners, it’s been years. And if…
- Your Complete Guide to Securing Home Equity Loans for Mobile HomesHome equity loans for mobile homes provide an opportunity to access the financial value embedded in your property. These loans allow homeowners to leverage t…
- Unlocking the Benefits: A Comprehensive Guide to Property Lines of CreditA property line of credit is a financial tool that allows homeowners to borrow against the equity in their properties. This form of borrowing can be particul…
- Essential Guide to Loans Against Land Property: Key Considerations Before BorrowingIn recent years, the option of securing a loan against land property has gained significant traction among home buyers, sellers, and real estate enthusiasts….
- Homeowner Equity Over the Past 6 YearsHomeowner Equity Over the Past 6 Years [GRAPHIC] When’s the last time you checked how much equity you’ve built? Because the number might surprise you. In just the past 6 years, the average homeowner has gained over $128,000, just from…
- How Your Equity Could Help Younger Generations Buy a HomeFor a lot of parents or grandparents, watching a family member struggle to buy their first home right now is hard. That’s because you saw firsthand how homeownership gave your life more stability and helped grow your net worth, and you…
- Four Ways Your Home Equity Can Work for YouYou may have heard homeowners today have a lot of equity built up. But what does that really mean? Let’s break it down. Because your equity isn’t just a number, it’s a powerful asset that can help you take your next big step in life. How…
- Why Your Home Equity Still Puts You Way AheadIf you’ve seen headlines about home prices dropping, it’s easy to wonder what that means for the value of your home too. Here’s what you really need to know. Even with small price declines in some markets, data shows you’re likely still…
- Most Homeowners Have a Lot of Equity, Pie ChartIf you’ve owned your home for a while, you probably have some serious equity. Right now, over two-thirds of homeowners have either paid off their mortgage entirely or have at least 50% equity. That’s a powerful position to be in. Because…
- You May Have Enough Equity To Downsize and Buy Your Next House in Cash [INFOGRAPHIC]Have you been holding off on downsizing? If so, you should know your equity could make your move possible. Homeowners today have so much equity that a record number are buying their next house in all cash. And that has some big benefits…
- You Could Use Some of Your Equity To Give Your Children the Gift of HomeIf you’re a homeowner, chances are you’ve built up a lot of wealth, just by living in your house and watching its value grow over time. And that equity? It’s something that could help change your child’s life. Since affordability is still…
- Do You Know What Your House Is Really Worth?Over the past 5 years, home prices have risen dramatically, and that means your home’s value has grown too. If you’re interested in finding out how much your home is worth in today’s market, let’s connect. The number may surprise you.…
- Do You Know What Your House Is Really Worth?Over the past 5 years, home prices have risen dramatically, and that means your home’s value has grown too. If you’re interested in finding out how much your home is worth in today’s market, let’s connect. The number may surprise you.
- Do You Know How Much Your Home Is Worth?Over the past few years, you’ve probably seen a whole lot of headlines about how home prices keep going up. But have you ever stopped to think about what that actually means for your home? Home prices have risen dramatically over the past…
- How Home Equity Can Help Fuel Your RetirementIf retirement is on the horizon, now’s the time to start thinking about your next chapter. And you probably want to make sure you’re set up to feel comfortable financially to live the life you want in retirement. What you may not realize…
- How Much Home Equity Have You Gained? The Answer Might Surprise YouHave you ever stopped to think about how much wealth you’ve built up just from being a homeowner? As home values rise, so does your net worth. And, if you’ve been in your house for a few years (or longer), there’s a good chance you’re…
- How Home Equity May Help You Buy Your Next Home in CashBuilding equity in your house is one of the biggest financial advantages of homeownership. And right now, homeowners across the country are sitting on record amounts of it. Here’s a look at how that equity could be a game changer for you,…
- The Benefits of Using Your Equity To Make a Bigger Down PaymentDid you know? Homeowners are often able to put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have in their current house toward their next down payment. And it’s why as home…
- The Surprising Amount of Home Equity You’ve Gained over the YearsThere are a number of reasons you may be thinking about selling your house. And as you weigh your options, you may find you’re unsure how you’re going to deal with one thing about today’s housing market, and that’s affordability. If…
- The Great Wealth Transfer: A New Era of OpportunityIn recent years, there’s been a significant shift in how wealth is distributed among generations. It’s called the Great Wealth Transfer. Historically, the transfer of wealth from one generation to the next was a more gradual process, often…
- What Every Homeowner Should Know About Their EquityCurious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so much over the past few years, most people have much more equity than…
- What you need to know about Home EquityEquity is the difference between what your house is worth and what you still owe on your mortgage. The typical homeowner gained $28,000 over the past year and has a grand total of $305,000 in equity. And there are a lot of great ways you…
- Homeowners Gained $28K in Equity over the Past YearIf you own a home, your net worth has probably gone up a lot over the past year. Home prices have been rising, which means you’re building equity much faster than you might think. Here’s how it works. Equity is the current value of your…
- Your Equity Could Make a Move PossibleMany homeowners looking to sell feel like they’re stuck between a rock and a hard place right now. Today’s mortgage rates are higher than the one they currently have on their home, and that’s making it harder to want to sell and make a…
- Equity Can Make Your Move Possible When Affordability Is Tight [INFOGRAPHIC]Did you know the equity you have in your current house can help make your move possible? Once you sell, you can use it for a larger down payment on your next home, so you’re borrowing less. Or, you may even have enough to be an all-cash…
- Your Home Is a Powerful InvestmentGoing into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash. Some in the media were even forecasting home prices would drop by as much as 10-20%, and that might have made you feel a bit…
- Home Equity Can Be a Game Changer When You SellAre you on the fence about selling your house? While affordability is improving this year, it’s still tight. And that may be on your mind. But understanding your home equity could be the key to making your decision easier. An article from…
- Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]Some Highlights
- Ways Your Home Equity Can Help You Reach Your GoalsIf you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about, and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this: “. . . your home’s…
- These Non-Financial Benefits Turn a House into a Happy HomeThere’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of homeownership are important, the non-financial and…
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