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.
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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