Equity is the financial interest or cash value of your home, minus the current loan balance(s). If selling the home, this would also be minus any costs incurred in selling the home. If you\'re buying a home and don\'t have very much money for the down payment, you may want to find out if the seller would be interested in \"sweat equity\". This would allow you to perform the labor on any needed repairs and maintenence to the home, (such as outside repairs, painting or electrical work) in exchange for credit towards closing costs.
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United Realty Group
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"1800 sales - 25 years experience plus strong negotiation skills gets you the very best deal everytime. At 20 years old, I proudly served my country as a navy fighter pilot and Naval Officer. I now serve my clients with the same dedicated commitment, honor, integrity, ethics and account" ... view more
Keller Wiiliams Realty Partners SW
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" Love what you do, and never work a day in your life... Roseline began her career in the Banking and Mortgage industry while in college, where she graduated with an accounting degree. She discovered her passion for Real Estate while working in the M" ... view more
Keller Williams Real Estate
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"Buy or sell real estate property. The purchase or sale of a home or investment property is one of the most complex and significant financial events in peoples' lives. People typically seek the help of real estate brokers and sales agents when buying or selling re" ... view more