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Tap Tap Tap ... Hello Equity!

Struggling to pay for home repairs or improvements? Tapping into your home’s equity could be the solution!
Before you pull out your credit card, consider some of these lower-interest options:
Home equity line of credit (or HELOC): Borrow as needed up to a predetermined limit. However, the interest rate is often variable, so it could increase over time.
Second mortgage (aka home equity loan): Take out a lump sum, typically at a fixed interest rate with set monthly payments.
Reverse mortgage (for seniors): Supplement your retirement income by drawing down the equity in your home.
Want to know how much equity you have? Reach out today for a free home value assessment!
#RealEstate #HomeValue #HomeEquity #PropertyValue #RealEstateAgent


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