Discover Your Home’s True Value With A PEAR
Key Takeaways
- As you chip away at your home loan and as the property values appreciate, your home equity naturally expands. Thanks to the current uptick in home prices, your equity could be receiving a substantial lift.
- In today’s market, a substantial number of homeowners find themselves equity rich, meaning they own 50% or more of their home’s value outright. If you have been residing in your home for a significant period, it’s highly likely that you've built up a significant equity base as well.
- Curious to know the exact amount of equity you’ve accumulated? Reach out to a reliable real estate agent to obtain a detailed Professional Equity Assessment Report (PEAR). Getting a grip on your home equity can be a gateway to numerous opportunities, be it reinvesting in a new property or funding other significant expenditures.
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