How To Take Advantage Of Your Home Equity & Turn It Into Cash
WHAT ARE 3 WAYS TO PULL YOUR HOME EQUITY AND TURN IT INTO CASH?
Sell your home.
Apply for a home equity loan.
Refinance your home.
WHAT SHOULD YOU CONSIDER WHEN PULLING OUT YOUR HOME EQUITY?
Tax Implications:
Cashing out on a large sum of money can come with some pretty significant tax implications. It is always best to speak with a CPA to discuss ways to keep that cash in your wallet.
The Market Around You:
The housing and economic market around you matter, and should affect any decision you make regarding an equity pull. Make sure to research your local market to see what trends are occurring and therefore determine which home equity pull will gross you the most money. Would you like more information on the current trends in our Atlanta market? Click here to contact an agent.Your Goals:
The most important item to consider when planning to pull equity out of your home is your goals. Are you planning a relocation due to work or familial needs? Then a home sale is likely in your best interest? Have you been dreaming to renovate your kitchen? Perhaps a refinance could help you meet your design and function goals.
How much is your home worth? we offer a free, no obligation valuation!
Do you have Questions about how to leverage your home’s equity?
Contact us and let us know you’d like to understand your home equity more - we love digging into the numbers!