Month: June 2022

The Average Homeowner Gained $64K in Equity over the Past Year

If you own a home, your net worth likely just got a big boost thanks to rising home equity.  Equity is the current value of your home minus what you owe on the loan.  Based on recent home price appreciation, you’re building that equity far faster than you may expect.  Here’s how it works. Because there’s […]

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Why a Listing’s Square Footage Might Differ From the Appraisal

If you’re buying a home, the listing will likely include the square footage, a key selling point.  But if you make an offer that’s accepted and you’ve moved onto the appraisal step in the process, you might be surprised to find out that the appraiser’s square footage is different from what’s on the listing.  Why? […]

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Three Questions to Ask When Getting a Home Loan

Getting a home loan can be challenging, especially nowadays since there’s a significant rise in the demand for housing.  However, this doesn’t mean you have to go away with a bad deal.  It’s essential to get the best mortgage loan possible.  Here are a few question to ask when getting a home loan.  Down payment […]

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