What Is Home Equity?
Home equity is the value of a homeowner’s home minus the current payoff amount and any other liens attached to the home. The amount of equity in a house—or its value—fluctuates over time as more payments are made on the mortgage. Selling your home in a up or down market can make an extreme impact on how much equity you have! What some home owners don’t understand is what they’ll walk away with if they decide to sell their home. Interested in your personal equity report? Fill out your info below and let’s chat!
