Equity found in any home whether used for personal use or investment purposes is critical to assure you are in the proper financial position when the closing takes place. Any home purchase is considered an investment, therefore its important to look at the fixed, forced and future equity position you find yourself in when you purchase.
It’s also important to understand that with the right home, each of these can be increased to improve your financial position.
Dollar figure found between the home’s existing value and the purchase price.
Dollar figure found between initial purchase price and value when brought up to the “highest of the neighborhood standards”.
Profit amount gained from future appreciation over a period of time.
The ability to break a market down and average each square mile, elementary school and subdivision, as well as locate the homes with the most equity within each market using our Equiscan Software, we have created technology from an algorithm that allows us to find properties faster and with the most profit potential, whether its for personal use or used as an investment home.
