How Home Equity May Help You Buy Your Next Home in Cash

Building equity in your house is one of the biggest financial advantages of homeownership.

Building equity in your house is one of the biggest financial advantages of homeownership.
I wish I could take credit for this great post, but it was from a colleague of mine. It’s too good not to share, however. “A past client of mine – who owns a pizza shop – calls me and proceeds to tell me how he is going to buy a property (FSBO) so…
Are you wondering if the upcoming election will have an impact on the housing market?
Over the past 5 years, home prices have risen dramatically. If you own a home, that means your house may be worth a lot more than you think.
That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments.
Once a lender has reviewed your finances as part of the homebuying process, you want to be as consistent as possible. Don’t make any big changes that could affect your mortgage application.
Did you know? Homeowners are often able to put more money down when they buy their next home.