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The difference between the principal balance of all existing loans and current market value of your home is regarded as equity. It should come as no surprise that most homeowners want to gain lots of equity. Improving your home’s equity is crucial because it can be accessed if necessary by applying for a home equity…
Are Home Prices in the U.S. Undervalued or Overvalued?
Reports show home prices on the national level are 3% undervalued! Many metropolitan areas around the country have seen large price gains in residential home prices since the financial crisis lows set back in 2009 to 2011. That being said, are we once again in the formation stage of a new real estate bubble as…