Tag: Equity

Posted on 03/29/2022
Some Owners Turn to Cash-Out Refinances
© whyframestudio - iStock / Getty Images Plus Some homeowners are turning to the equity in their current home to fund their next real estate transaction. But the move isn’t without risks. Most homeowners who bought a home before 2020 have seen rapid appreciation and rising equity in their homes. A cash-out refinance is allowing them to use...
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Posted on 03/05/2022
Homeowners Tempted To Use Equity
Homeowners are seeing record levels of equity in their properties, and many plan to tap into some of that newfound wealth. Mortgage holders have an average of about $185,000 in home equity, according to research from Black Knight. That amount assumes retaining a 20% stake in the property. The options to draw money from a home are typically...
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Posted on 02/10/2021
Before Selling Your Home, Assess Your Equity
Image by Wokandapix from Pixabay The equity in your home plays a major role in how much profit you'll make off the sale, but it's not always simple to determine just how much of the home you own (even if you haven't refinanced). Here are a few tips to understand equity and how you can use it to...
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