homes for sell: Not Knowing Your Home's Equity Could Be Costing You Money
- 02/23/16 03:29 AM
The dream of home ownership is about more than just a stable place to live, exempt from the whims and decisions of landlords. For many, home ownership is a piece of the wealth building picture, essential to a future retirement or financial independence. The idea is pretty basic: You purchase a home and pay it down while hoping the value of the home increases over time. Generally speaking, this is what happens over a long enough period of time. As you go, you build what’s called “equity.” Equity is defined as “the market value of a homeowner's unencumbered interest in their … (1 comments)
The market has turned and we now have some really good properties out there on the market. We also still have some distressed properties and there not distressed just because some unfortunate homeowner may have lost it for some unfortunate reason but because the property looks distressed and is in need of a little "TLC" some more than others.
While distressed properties may still be on the radar for investors, some home buyers are looking more into re-sell move-in ready homes and even new home builders are … (0 comments)
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