The First Heritage Realty Blog
Unlocking the Benefits of Your Home's Equity
Some Highlights
- Equity 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 can use that equity.
- To find out how much equity you have, connect with a real estate agent who can give you a Professional Equity Assessment Report (PEAR).
Categories
Recent Posts
The Truth About Where Home Prices Are Heading
Selling and Buying at the Same Time? Here’s What You Need To Know
Should You Buy a Vacation Home?
What You Should Know About Getting a Mortgage Today
Think No One’s Buying Homes Right Now? Think Again.
Why Big Investors Aren’t a Challenge for Today’s Homebuyer
Top 5 Reasons To Hire a Real Estate Agent When You Sell
Multi-Generational Homebuying Hit a Record High – Here’s Why
What Every Homeowner Needs To Know In Today’s Shifting Market
Think It’s Better To Wait for a Recession Before You Move? Think Again.