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How To Build Equity in a Home
Building equity is one of the primary financial benefits of homeownership. You don’t notice it while it’s happening, but if all goes well, you end up with a significant asset that you can use for almost any financial need.
Everything You Need to Know About Home Equity
In the simplest terms, home equity is the difference between what you owe on your mortgage and your home’s current market value. If you owe $100,000 on your mortgage and your home is worth $400,000, then you have 75% home equity. Conversely, if you have a remaining mortgage balance of $300,000 on your $400,000 house, you have 25% home equity.
First-time Homeowner Tips for the Holiday
Whether you’re preparing to host a full house of relatives or to leave town for an extended period of time, follow these tips to help navigate your first holiday season as a homeowner. First-time homeowners tips for the Holidays.
A Simple Remodel Leads to Insanely Beautiful Garden
Remodeled Wisconsin Farmhouse offers a “Gardeners Dream” for $415,000 You might also like: Ways to Go Green in the Kitchen