Simply defined, home equity is the percentage of your home’s value that you own, and it is the key to building wealth through homeownership. It can be your greatest financial asset, your largest component of personal wealth, and your protection against life’s unexpected expenses. Here are six ways on how to successfully build your home equity!
Protecting your investment in a house starts with understanding the factors that may threaten your home’s value down the road.
With rates still near historic lows, now is a good time to talk to a mortgage professional to discuss your home ownership goals. In fact, refinancing is booming right now with requests for refinances making up 64 percent of total mortgage applications the first full week of July, according to the Mortgage Banker’s Association. Here are four signs it might be time for you to consider refinancing your mortgage!
An appraisal might not be the most well-known step in the homebuying journey, but it is a critical one. Get more acquainted with appraisals by reading up on these 4 important points!
Purchasing a home is a major investment, so protect your home’s value by following these 5 tips that can maintain or even increase it!