Ashutosh Jaiswal - Realtor
03/24/2023
Equity on the home refers to the difference between current market value and the homeowner owes on their mortgage.
Simply put, equity is the amount of money that the homeowner could potentially receive if they were to sell the property and pay off any outstanding mortgage balance.
Homeowners can also build equity over time by making mortgage payments and improving the value of their home through renovations and upgrades.
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Delaware, OH