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Real Estate Information |
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The Value of Building Home Equity
There are numerous advantages to owning a home. One of the serious advantages is the equity that is built over time. As equity builds, you create a pool of money to access in trying times. Home Equity Equity is simply the value of a property after all debts have been deducted. If your home appraises at $500,000 with a home loan of $250,000, you have $250,000 in equity. Whether you realize it or not, this equity can get you through hard times or provide you with a funding resource. Let's look at some examples. Emergency If you get through life without any family or financial emergencies, you are one lucky person. Unfortunately, most people aren't so lucky. Home equity can provide a financial cushion when life gets hard. You can use it to pay medical bills, legal fees and any other expenses that arise from your particular problem. You will be extremely thankful you purchased a home if you ever run into this situation. Education If you've ever watched "The Simpsons," you may have seen the episode where Bart and Homer go camping. Bart tells Homer a scary story, but you only see the end of it and Homer screaming in terror. The words Bart whispers are, "?and that's how much it will cost to send Maggie [baby] to college." It is a very funny scene until you, a parent, actually investigate the cost of college tuition. Trust me, nightmares will soon follow. Home equity can put an end to college tuition nightmares. You can borrow against the equity to pay college expenses. As with an emergency situation, home ownership will give you the ability to pay the bills. Making the decision to buy a home can be stressful and frightening. As time passes, you will be incredibly happy you made the leap. Raynor James is with http://www.fsboamerica.org - providing homes for sale by owner, "FSBO", properties. Are you thinking, "Should I sell my home?" Visit http://www.fsboamerica.org/seller.cfm to sell your home sale for free for one month.
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An investor's 3-part 'build-to-rent' strategy is making him $330 a month per unit. It has him on track to retire early. Business Insider 'There's going to be that frenzy again': Florida real estate agent talks dropping mortgage rates Bay News 9 BGL Announces the Real Estate Sale of Eye Consultants of Texas & Lonestar Ambulatory Surgery Center PR Newswire 'Homebuyer harassment': Tennessee lawmaker again seeks to limit unsolicited real estate texts FOX13 Memphis Real estate firm with New Mexico office joins United Real Estate’s national network Albuquerque Journal Mortgage lender Rocket Cos. to acquire real estate brokerage Redfin in deal valued at $1.75 billion ABC News Real Estate Roundup: American Dream Ordered To Make PILOT Payments; National Ramp To Relocate To Lincoln Equities Warehouse; Adler Awarded 2025 Social Advocacy Award; Rockland Villages At Financial Risk Rockland County Business Journal Rocket Companies is buying Redfin, the real estate listing firm The Spokesman Review How Nigerian leaders spent millions on SC real estate amid US retreat from dirty money fight The Post and Courier George Washington, a real estate investor and successful entrepreneur, knew the difference between running a business and running the government The Conversation Indonesia Feds to consider ‘compelling offers’ for metro real estate Daily Journal of Commerce Pitt County lawsuit alleges First Bank allowed scammers to access real estate company’s accounts WITN TPG RE Finance Trust, Inc. (TRTX): Among the Best Performing Real Estate Stocks to Buy According to Analysts Yahoo Finance Albemarle County's proposed budget includes real estate and personal property tax increases Charlottesville Tomorrow Real Estate: February 24 to February 28 Newport This Week Investor Intentions: Australian Institutional Investors expand exposure to global real estate - PERE Listen: Homebuyers gaining an upper hand as high mortgage rate stick around Colorado Public Radio NAR CEO talks housing with top lawmakers Real Estate News Bangor Daily News seeks housing and real estate reporter Talking Biz News Dan Gilbert's Rocket Companies to buy real estate brokerage firm Redfin in $1.75B deal Detroit Free Press Irena Kolbert Expansion of Real Estate Services Across Whatcom, Skagit, Snohomish, and King Counties Markets Insider Rocket acquiring Redfin for $1.75B Real Estate News Real Estate Week In Review Law360 Sonoma County real estate market turns turbulent, though 7 areas show improved year-to-year sales prices The Santa Rosa Press Democrat Partner Real Estate App Delivers 525 Engaged Users and 17,000+ Page Views in Just 28 Days - EIN News Rocket, Redfin Deal Aims To Create End-To-End Real Estate Solution: Where Does That Leave Zillow? Benzinga Real Estate Roundtable: The State of the Florida Market Behind The Hedges Your Keys To Real Estate – Naperville Market Dilemma: Are Interest Rates Stalling Buyers - Or Are Sellers the Real Hold Up? Positively Naperville Current market trends with Mac & Co. Real Estate CBS 6 News Richmond WTVR Trump guts agency managing federal real estate properties in Oregon Mortgage Professional Rocket to buy real estate brokerage Redfin in $1.75B deal Crain's Cleveland Business March 4-6 Gulfport Real Estate Sales The Gabber Newspaper Radio Real Estate 3/8/25 My Bellingham Now Outrageous real estate listing for parking spot sparks backlash online: 'More money than sense' The Cool Down Pinellas Beaches Real Estate March 3-7 The Gabber Newspaper DOGE claims $13.6 million in real estate savings in Alaska Alaska's News Source Raleigh investors seek HQ for Capital Boulevard building The Business Journals U.S. Government Hits Pause on Massive Commercial Real-Estate Sale The Wall Street Journal Real Estate Firm Greystone Renews 50K-SF Lease at Carnegie Hall Tower Commercial Observer NAR’s New ‘Right by You’ Campaign: How Hard Could It Be? National Association of REALTORS® GSA's expected mass real estate sell-off has more questions than answers - Pacific Business News The Business Journals Redfin Stock Surges After Rocket Agrees to Buy Real-Estate Brokerage The Wall Street Journal Letter: Real estate deals Arizona Daily Star In the Markets: Real estate sector shows strength as markets swoon Crain's New York Business Redfin to be acquired by mortgage heavyweight in $1.75 billion deal The Business Journals Real estate stocks trading mixed as mortgage lenders gap down, homebuilders advance (RKT:NYSE) Seeking Alpha Exclusive | Blackstone Raises Largest Commercial Property Debt Fund With $8 Billion Haul The Wall Street Journal Plano firm buys land, plans 2,100 homes on border of fast-growing D-FW county The Dallas Morning News Federal government real estate shake-up could shift balance from owned to leased space The Business Journals AI will change real estate more than the disruption that made Amazon a property powerhouse - Fortune America Builds: Making Federal Real Estate Work for the Taxpayer The House Committee on Transportation and Infrastructure OT Real Estate Spotlight of the Week: 5457 Ridge Pointe Court The Owensboro Times Apartment community on Cincinnati's West Side sells for $13.7 million The Business Journals The Best Ways To Invest In Real Estate In 2025 Bankrate.com Scottsdale's Luxury Real Estate Market Soars with $25M "The Lumière" Mansion Listing in Silverleaf Hoodline |
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