Unlocking the Benefits of Your Home's Equity
July 26, 2024
Equity is the difference between what your house is worth and what you still owe on your mortgage.
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In this Article...
Discover how to tap into the hidden potential of your home's equity with insights from Charleston Home, a trusted real estate brokerage. Home equity is the difference between your property's market value and the remaining mortgage balance. Over the past year, the average homeowner accrued $28,000, totaling an impressive $305,000 in equity. Unlocking this value can open doors to various financial opportunities. Connect with a local real estate agent to obtain a Professional Equity Assessment Report (PEAR) and explore your options.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).
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