WHAT IS EQUITY?
Equity is the difference between your homes current value and your remaining mortgage balance - (Value - Mortgage = Equity).
How do you increase your equity?
- Home Appreciation
- Principal Payments
- Sweat Equity
Author: Boychuk Mortgage Group |
Equity is the difference between your homes current value and your remaining mortgage balance - (Value - Mortgage = Equity).
How do you increase your equity?