We often talk about the value of our home. However, what we don\u2019t often look at is our \ud835\uddf2\ud835\uddfe\ud835\ude02\ud835\uddf6\ud835\ude01\ud835\ude06 \ud835\uddfd\ud835\uddfc\ud835\ude00\ud835\uddf6\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb. Home equity is the current market value of your property less what is owed. Across the country and Metro Vancouver, homeowners are experiencing sizable equity gains because of increased property values.<\/p>\n
There are a number of ways to build equity in your home on top of typical appreciation.<\/p>\n
1. Make additional payments toward the principal of your loan. Paying down your mortgage combined with the appreciation of your home is a powerful combination.<\/p>\n
2. Sign up for bi-weekly mortgage payments. Making 26 half payments over the course of a year actually translates into 13 full payments over the year rather than 12.<\/p>\n
3. Make key home improvements that will increase the value of your property.<\/p>\n
4. Refinance to a shorter term.<\/p>\n
I\u2019m always available, as your real estate expert, to provide a \ud835\uddd9\ud835\udde5\ud835\uddd8\ud835\uddd8 \ud835\udde3\ud835\uddff\ud835\uddfc\ud835\uddfd\ud835\uddf2\ud835\uddff\ud835\ude01\ud835\ude06 \ud835\uddd8\ud835\uddfe\ud835\ude02\ud835\uddf6\ud835\ude01\ud835\ude06 \ud835\udde5\ud835\uddf2\ud835\uddfd\ud835\uddfc\ud835\uddff\ud835\ude01. Message me today and let’s start the conversation!<\/p>\n
Courtenay Gayda<\/p>\n
Real Estate Advisor – Engel & V\u00f6lkers Vancouver<\/p>\n
604-250-7063<\/p>\n
courtenay.gayda@evrealestate.com<\/p>\n","protected":false},"excerpt":{"rendered":"
We often talk about the value of our home. However, what we don\u2019t often look at is our \ud835\uddf2\ud835\uddfe\ud835\ude02\ud835\uddf6\ud835\ude01\ud835\ude06 \ud835\uddfd\ud835\uddfc\ud835\ude00\ud835\uddf6\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb. Home equity is the current market value of your property … [read more<\/a>]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[13],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.olympicvillagelistings.ca\/blog\/wp-json\/wp\/v2\/posts\/115"}],"collection":[{"href":"https:\/\/www.olympicvillagelistings.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.olympicvillagelistings.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.olympicvillagelistings.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.olympicvillagelistings.ca\/blog\/wp-json\/wp\/v2\/comments?post=115"}],"version-history":[{"count":1,"href":"https:\/\/www.olympicvillagelistings.ca\/blog\/wp-json\/wp\/v2\/posts\/115\/revisions"}],"predecessor-version":[{"id":116,"href":"https:\/\/www.olympicvillagelistings.ca\/blog\/wp-json\/wp\/v2\/posts\/115\/revisions\/116"}],"wp:attachment":[{"href":"https:\/\/www.olympicvillagelistings.ca\/blog\/wp-json\/wp\/v2\/media?parent=115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.olympicvillagelistings.ca\/blog\/wp-json\/wp\/v2\/categories?post=115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.olympicvillagelistings.ca\/blog\/wp-json\/wp\/v2\/tags?post=115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}