I found this great article that tried to lay claim that most people don’t sell because they are short on equity or in a negative equity position. The article went on to explain that that simply isn’t true. So what is equity and how does it affect you? Let’s take a quick look, shall we?
Ever since the 2008 real estate bubble correction, people have been very aware of how much “money“ their home is worth. However, until you sell your home, that equity is only a paper asset and not real money. Putting it to work for you is an opportunity that we have in front of us ever since increasing home prices starting in 2011.
To understand your equitable position, give us a call so that we can discuss it with you. We will show you where you sit and what you can potentially do with that equity. Or, on the other hand, we can just simply help you understand what a great area of the country we live in!
Either way give us a call so we can talk!