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!
While buyers tend to mostly focus on listing prices of houses, owning a home includes a list of expenses that aren’t included in that sticker price.
Life is full of choices, and sometimes, it’s not easy to decide. Choosing between a 15-year and 30-year fixed-rate mortgage, however, doesn’t have to be.