How to Build Equity in your Home
What Exactly is “Home Equity”? The equity in your home is the difference between what your home is worth is today’s market and how much you currently owe on your mortgage. For example, if your home’s current appraised value is $200,000 and you owe $100,000 on your mortgage you have $100,000 in home equity. Your [...]
Monday December 15th, 2008 in , build home equity, home equity, LTV, negative equity, net worth, personal finance software, real estate | No Comments »