Due to the increase in property values in the last years, many homeowners have a significant amount of home equity.
Home equity can open the doors to creating more wealth. Here is a list of some options.
Buy an investment property.
Rent your current home and buy a second home.
Buy a vacation home.
Build an Accessory Dwelling Unit (ADU) to earn extra income.
Start a new business.
Fund college or retirement.
There are multiple investment paths that you can pursue. It all comes down to being aware of your options.
The first step is to keep track of your home value and from there determine your home equity.
Homebot is an excellent tool that has helped many homeowners be informed of their home wealth. On a monthly basis, it delivers a Home Report that not only includes an estimate of value, but also a breakdown of other important information including your home equity investment options, market trends, refinance options, short-term rental stats and purchasing power information.
Below are examples of the purchasing power and home equity options breakdowns the report provides.
The key to a good investment is to make the move at the right time. Homebot can help with that by keeping you informed.
Curious to know what opportunities for investment your home is creating for you?
Enter your property address below to start receiving your monthly Home Report.
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