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Mortgage Information

Found 2 blog entries about Mortgage Information.

  

Want to create wealth through homeownership? Build equity. 

Home equity is the percentage of your home’s value that you own, and it’s key to building wealth through homeownership. Let’s take a closer look at how to build home equity without blowing your budget — and how to access it when you need it.

How much equity do you have?

Equity is easy to calculate when you first buy a home because it’s basically your down payment. For example, if you put $11,250 down on a $225,000 home, your down payment is 5 percent and so is your equity.

From 2016 to the first quarter of 2018, most first-time home buyers in the U.S. started with about 7-percent equity, according to

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          Hello,  I hope you are having a great Fall and didn’t get to drenched trick or treating with your kids, I know we were soaked in less than an hour. This is an exciting time of year; leaves are falling, it’s snowing in the mountains and we had a crazy amount of rain over the weekend:)!
Below are some great articles on whats going on in the Real Estate world, a quick read on how Hip-Hop, fiction and games can teach kids financial literacy and a fun little blurb on tiny homes that move with you wherever you go.
Have a great month and please let me know if you have any Real Estate needs that I can help you with. The Cascade Team lists homes for 1%, and still offers full service, this saves you a lot of money in the…
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