Bottom Line: If you’re a homeowner, your net worth has gotten a big boost. That’s because recent home price appreciation has increased your equity. Your equity grows as you pay down your loan and as your home increases in value. Over the past year, the average homeowner’s equity grew by $55,300. Ready to sell? Let’s connect to talk about how you can use that […]
Read More Do you Know hOw Much Equity You Have in Your Home?
You may have more home equity today than you realize. Let’s discuss how you can leverage that equity in your next move. You can contact me by email or call 619-888-2117. Lisa Ashkins, MA, CNE – Broker Associate, DRE#01764182 – Coldwell Banker West
Read More Homeowners Today Have Tremendous Equity
By KENNETH R. HARNEY – LA Times.com /Distributed by Washington Post Writers Group / Copyright © 2014, Los Angeles Times If you’re thinking about taking out a home equity line, you’re hardly alone. Credit lines tied to home equity — popularly known as HELOCs — are one of the fastest-growing segments in the mortgage market. […]
Read More More owners tapping home equity lines of credit
Home equity is a valuable asset for every homeowner and can provide funds for just about anything. However, when deciding to tap into your home equity, homeowners should use extreme caution and decide how valuable the investment will be in a few years. An advantage to tapping into your home equity loan is the interest […]
Read More The Best and Worst Uses for HELOCs