Equity is not the profit in your home - it’s a combination of the money you’ve contributed to the purchase of your home - as well as paying down your mortgage, added to your home’s appreciation.
Think of home equity an another asset such as a savings account, stock account or retirement account. For many homeowners, not leveraging their home’s equity comes with an opportunity cost. For others, trading their home as an ATM can lead to financial peril. www.TLOPonline.com for MORE FREE CONTENT!
#TheLoanOfficerPodcast #TLOP #HomeEquity
Episode 276: Find Sales Success By Solving Your Client’s Pain Points
Episode 275: Why Seller Credits Are Necessary For Homebuyers
Episode 274: Know Your Outs
Episode 273: How To Network Online
Episode 272: The Importance of Defining Your Ideal Client
Episode 271: How To Qualify For a Discounted Interest Rate
Episode 270: Trusting and Empowering Others
Episode 269: What The Hell Is Wrong With The Mortgage Industry?
Episode 268: Natural Disaster’s Impact On Housing
Episode 267: Sell Like A Stripper
Episode 266: Know Your Sales DNA
Episode 265: The #1 Mindset Hack You Need To Thrive In Today’s Market
Episode 264: How To Create Generational Wealth
Episode 263: How To Double Your Sales in 90 Days
Episode 262: The Beginner’s Guide to Home Loans
Episode 261: Everything You Need To Know About Hard Money
Episode 260: How To Go From Newly Licensed To Top Producer In Three Years
Episode 259: How to Run Your Business Based On Data
Episode 258: Don’t Give Away Too Much Free Advice
Episode 257: What I Should Know About Personal Finance
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