Home Equity

By |2023-01-23T17:30:47+00:00January 10th, 2023|News, Sellers|

Home equity is the difference between the value of your home and the amount you still owe on your mortgage. It is essentially the portion of your home that you own outright. For example, if your home is worth $300,000 and you have a mortgage balance of $200,000, then you have $100,000 in home equity.

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