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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.
MORE RESOURCES: ‘Given up’: Property giant’s verdict on Aussies news.com.au Boathouses Go Next Level at These Five Mansions Mansion Global The long road to recovery for LA’s property market The Real Deal Homes for Sale in New York and New Jersey The New York Times Erie County real estate transactions Buffalo News Downtown Knoxville IRS offices included on list of possible federal real estate spending cuts WBIR.com The Great American Insurance Retreat: Climate Change, Uninsurable Homes, & The Future Of Real Estate CleanTechnica REAL ESTATE | VIDEO | Perfect country property in Dodge County | By Wendy Wendorf - Homestead Realty washingtoncountyinsider.com Trade Alert: Independent Director Of Apollo Commercial Real Estate Finance Carmencita N. Whonder Has Sold Stock Simply Wall St Central Mass. real estate transfers, Sunday, March 9 Worcester Telegram Macomb County real estate transfers recorded Sept. 30-Oct. 4, 2024 The Macomb Daily U.S. Government Hits Pause on Massive Commercial Real-Estate Sale The Wall Street Journal 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 Crain’s Cleveland hires Smith to cover residential real estate Talking Biz News DOGE claims $13.6 million in real estate savings in Alaska Alaska's News Source How Nigerian leaders spent millions on SC real estate amid US retreat from dirty money fight The Post and Courier Real Estate Property Transfers Spring Hill for Feb. 3, 2025 Williamson Source Vendor & Real Estate Partners Dollar Tree, Inc. Exclusive | Blackstone Raises Largest Commercial Property Debt Fund With $8 Billion Haul The Wall Street Journal In Good Company: Discover Brooklyn’s Real Estate Gems with MM&Co. (sponsored) Brooklyn Bridge Parents Berkshire region real estate sales – March 7, 2025 theberkshireedge.com Trouble Signs For Real Estate Market In Palm Beach County BocaNewsNow.com America Builds: Making Federal Real Estate Work for the Taxpayer The House Committee on Transportation and Infrastructure The Michael Houck Real Estate Guide for March 9 Oil City News Sonoma County real estate market turns turbulent, though 7 areas show improved year-to-year sales prices The Santa Rosa Press Democrat Palm Beach house sells near Trump's Mar-a-Lago, marks fourth sale there since mid-December USA TODAY Godfrey - Home for sale RiverBender.com China’s real estate market keeps stabilizing as government policy support boosts confidence: Minister Global Times OT Real Estate Spotlight of the Week: 5457 Ridge Pointe Court The Owensboro Times DOGE claims $17 million saved in federal real estate terminations in Georgia. Here's where Online Athens Charming Southern metro nicknamed the 'Scenic City' sees housing boom in state with NO income tax Daily Mail Suburban cities, developers eye office space but high-rise downtowns outside Austin still years away The Business Journals Pushback in eXp, Weichert settlements called ‘self-serving’ Real Estate News This CT metro area has the 'hottest' real estate market in U.S., according to realtor website CT Insider Inside Saratoga's largest mansion, now listed for $24.9M The Business Journals Smartleaf Asset Management LLC Buys 479 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Defense World Real estate stocks down with import of timber, lumber, derivative products under scrutiny Seeking Alpha Tariffs are a ‘key part’ of Trump’s strategy to ‘level the playing field’: Real estate broker Fox News National Bankshares Forecasts Strong Price Appreciation for Bsr Real Estate Investment Trust (TSE:HOM.U) Stock Defense World Healthcare Commercial Real Estate Finance Veteran Amy Heller Joins Meridian Capital Group Business Wire DOGE cuts 13 real estate contracts, federal offices in Mississippi. Where are they? - Clarion Ledger Real Estate Stocks To Keep An Eye On – March 7th Defense World $1.3 million Dover townhome tops Strafford County market. Here's lowest-priced home, too. Foster's Daily Democrat Apollo Commercial Real Estate Finance (NYSE:ARI) vs. Arbor Realty Trust (NYSE:ABR) Head to Head Survey Defense World Chetrit family faces a reckoning after decades of success in NY real estate Crain's New York Business UW and NFL great Lawyer Milloy lists Woodinville estate for $7.8 million seattlerefined.com Red Bank's Denholtz has created a $2B real estate empire; now they want to get bigger Asbury Park Press Real Estate Newsletter Articles this Week: Property Insurance Costs Rose at a Record Rate in 2024 Calculated Risk Chattanooga housing market heats up in Tennessee Fox Business Real estate sales in Peoria, Tazewell and Woodford counties for March 8, 2025 Peoria Journal Star What were the 5 most expensive homes sold in Petaluma last week? The Santa Rosa Press Democrat County Official Sees Growing Strength in Real Estate Franklin Observer ‘Extremely pissed off’: LeFever Mattson investors wonder why troubled real estate moguls have escaped accountability The Santa Rosa Press Democrat A couple making $28,000 a year in passive income from real estate used an out-of-the-box approach to buy their first rental Business Insider Up to the Minute Greenwich Property Transfers, February 24-28, 2025 Greenwich Free Press Is a 6.5% Mortgage Rate the 'Magic Number' to Turn the Local Real Estate Market Around This Spring? TAPinto.net REAL ESTATE | 92+ acres of farmland in Rubicon, Wi | By Jim Emmer – Emmer Real Estate washingtoncountyinsider.com Raymond James Has Lowered Expectations for Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Stock Price Defense World National Bankshares Has Lowered Expectations for Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Stock Price Defense World Here are recent property transfers up to $1.4 million St. Albans Messenger Gambling on Las Vegas? Sin City Housing Market Softens as It Suffers Affordability Crisis Realtor.com News Elevate Your Real Estate Experience: Insider Tips Cape Cod Daily News |
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