Tag Archives: Equity

couple meeting with a real estate agent

Home Equity – What is it and Why Does it Matter?

You’ve probably heard the recent buzz about the soaring prices of homes and how it affects home equity. What does it really mean, and why should you pay attention to it?  Paying a mortgage on a house is like a …
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replacing roof

3 Things That Have a Big Impact on Home Value

Trying to decide which home improvement project will have the biggest impact on your home value? While there are many factors that play into the overall value of a home, it pays to look at the roof, windows and the …
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How Equity Helps Homeowners

What is equity and how does it affect you as a homeowner? Equity is defined as the difference of the home’s fair market value and the outstanding balance of all other debt on the property. Many homeowners are unaware of …
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Resource Video: Seller Edition

Is it the Right Time to Sell Your Home? The decision to sell your home is not a decision that should be made in haste. There are many factors that go into the decision to sell your home, one of …
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How Does Owning a Home Give You Wealth?

You have heard repeatedly that putting money down on a home will repay you with equity. But that’s hard to remember after a large down payment and closing costs! However it is an important piece of information to remember when …
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Capitalize on the Market and Sell your Home!

If you have ever thought about selling your home, now is the time! The most recent Pending Homes Sales Index from the National Association of REALTORS® showed that contracts went up in December by 1.6% which is impressive in our …
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Want to Buy or Sell a Home? Now is the Time!

2016 was the year of low mortgage rate and also low inventory. The average for the 30-year fixed-rate mortgage was 3.65% which is the lowest annual average ever recorded by Freddie Mac going back to 1971. Since then mortgage rates …
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State of the Market – August 2016

A letter from Joseph A. Horning, President of Shorewest, REALTORS® Entering the third quarter of the year, we are pleased to report that the market is healthy and thriving. According to the latest report from the Wisconsin REALTORS® Association, the …
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Home Equity is a Good Thing to Have!

Equity can be defined as the difference between the value of the assets and the cost of the debt owed. For example if someone owns a house worth $100,000 and owe $80,000 on the home, that home represents $20,000 or …
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Sales are UP! Now is the Time to Sell!

The National Association of REALTORS’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Only those homes priced under $100,000 showed a decline …
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