Blog > Equity Equals Options!
Did you know the equity in your home has probably increased substantially over the past 5 to10 years? Thanks to low interest rates and booming home prices in the area the value of your home may be substantially greater than you realize.
Home prices are definitely on the rise. If you’re a homeowner that’s great news! Check out the data for Essex and Middlesex counties!
Let’s weigh your options.
- Planning to stay in your home long term? Refinance to a lower rate and save thousands in interest payments.
- Thinking about remodeling? Consider a “cash out” refinance option and hire that contractor.
- Thinking about making a move to your dream home? With increased equity you may have more buying power than you realize.
Let me help.
If you’re unsure of your home’s current value, to determine equity, let me give you a no cost no obligation CMA. When you’ve got the equity number, I can put you in touch with a professional and trusted lender. If you decide to leverage your equity to buy your next home give me call.