top of page
Search

Understanding Home Equity

  • Writer: Taral Flippen
    Taral Flippen
  • Oct 1
  • 1 min read

Updated: Oct 14


ree

Your home holds hidden value—discover how equity works and how it can be your lifeline in tough times.


Home equity is the difference between your home’s market value and what you owe on your mortgage. It’s a powerful financial tool that can help you:

  • Avoid Foreclosure: Sell your home and walk away with cash instead of losing it to the bank.

  • Fund Repairs or Pay Off Debt: Use a home equity loan or HELOC to access funds.

  • Build Wealth: Equity grows as you pay down your mortgage and your home appreciates.


    Learn how to calculate your equity and use it wisely at Investopedia or Bankrate.

 
 
bottom of page