EQUITY IS CASH – Let your home upgrade your life!
How much Equity is in Your Current Home? It’s time to UPGRADE!
What is equity? Equity is the amount of value that your home has above what you owe on the home. For example: Your mortgage balance is $200,000 but your home is valued at $275,000. Subtract those two numbers to calculate your equity. In this case it would be $75,000. That money could be used as cash to upgrade your home (and other things).
Do you know your home’s current market value? A Comparative Market Analysis will give you the information you need to make an informed decision about pricing and selling your current home.
