Found 3 blog entries tagged as Home Equity.

4 Surprising Things That Will Increase Your Homes Equity

Investing in real estate is generally considered a sound strategy for growing wealth, especially in areas where home values are rising, like The Research Triangle. Home equity is a homes value minus liens or debts against a home. There are a number of factors within and outside of a homeowner's control that amounts to a home's equity. To grow home equity and its’ values there are some surprising things you may not be aware of. As experts in home values in The Triangle, we are sharing some of our top "surprising" tips.

  1. Meticulous Renovation Documentation

It is well known that investments in renovations such as a new roof, a kitchen upgrade, or bath upgrades increase the value…

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Many of our new home buyers in Raleigh Durham as well as some of our existing clients ask us about home equity. What is it? How do I build it? Can I use it for buying a new home? And more. Most of our younger generations consider cryptocurrencies as more solid wealth generators than home equity, but investing in housing is one of the most stable investments, definitely more stable than the latest coin. It is surprising how poor most people's understanding is of home equity when it is one of the most reliable ways to build wealth. We are going to give you a quick course on how to build wealth using home equity and how you can use existing home equity to your financial advantage.

What is Home Equity?

What is equity? Home equity is the percentage…

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How to Increase Your Equity

How to Increase Your Equity Over the Next 5 Years

Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recentHome Price Expectation Survey (HPES)helps target these projected answers.

Here are the results from theQ2 2019 Survey:

  • Home values will appreciate by 4.1% in 2019 {Locally in the Research Triangle market projections are averaging 5%}
  • The average annual appreciation will be 3.2% over the next 5 years
  • The cumulative appreciation will be 16.8% by 2023
  • Even experts representing the most bearish 25% of the survey respondents project a cumulative appreciation of over 6.7% by 2023

What does this mean for you?

A substantial portion of family wealth…

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