If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.
The Big Difference Between Renter and Homeowner Net Worth
Why Buying Now Is Worth It
You may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise.
The Benefits of Using Your Equity To Make a Bigger Down Payment
Did you know? Homeowners are often able to put more money down when they buy their next home.
What Every Homeowner Should Know About Their Equity
Unlocking the Benefits of Your Home’s Equity
Equity is the difference between what your house is worth and what you still owe on your mortgage.
Equity Can Make Your Move Possible When Affordability Is Tight [INFOGRAPHIC]
![Equity Can Make Your Move Possible When Affordability Is Tight [INFOGRAPHIC] Simplifying The Market](https://daytonabeachpropertysearch.com/wp-content/uploads/2024/04/Equity-Can-Make-Your-Move-Possible-When-Affordability-Is-Tight-KCM-Share.png)
Some Highlights
- Did you know the equity you have in your current house can help make your move possible?
- Once you sell, you can use it for a larger down payment on your next home, so you’re borrowing less. Or, you may even have enough to be an all-cash buyer.
- The typical homeowner has $298,000 in equity. If you want to find out how much you have, connect with a local real estate agent for a Professional Equity Assessment Report.