3 Ways to Use Your Home Equity
Your home is more than four walls. It's a treasure trove of opportunity and a tool for getting you where you want to be.
FACT: U.S. homeowners have an average of $274,000 in equity — equity that could be working for you in one of these three ways:
1) Renovate and renew.
Has your kitchen been begging for an upgrade? Or does your living room need a modern twist? Your equity can foot the bill for those long-awaited renovations.
2) Move up without selling out.
Found your dream home but don't want to say goodbye to your current property? That equity can open doors to a new home without parting ways with your current one. Plus, you can rent out your current home for an additional income stream.
3) Long-term investing.
Whether it's starting a business, funding your or your child’s education, or venturing into the world of investments, your home's equity is a potent resource.
Ready to make your equity work as hard as you do? We’d love to talk about your options and map out a strategy that fits your goals. Just reach out to get started!
Source: Homeowner Equity Insights – Q1 2023 | CoreLogic®.
Our focus is on assisting residential buyers & sellers in every price point while specializing in listing and selling new construction & luxury properties. We are an amazing team of over 65 agents whose footprint covers Greater Boston and Rhode Island.
