15 Important Ways to Build Home Equity

ways to Build Home Equity

What is equity? Home equity is the portion of your home that you own, calculated by subtracting your mortgage balance from the home’s market value. Say your home is worth $250,000 and you owe $150,000 on your mortgage. To determine your home equity, you would use the following calculation: $250,000 − $150,000 = $100,000 Whether … Read more