<p style="text-align:center; font-style:italic;">I love the Homebot app and you should try it out for yourself.</p>
Equity is the difference between the market value of your home and the amount you owe the lender who holds the mortgage who gave you the loan on it. Put another way, it’s the money you’d receive after paying off the mortgage if you were to sell the home. You should always be aware of your equity in the property you own, as well as its market value. Market value is the real value of your property that you could get if you sold it. So now that we have our terms defined, let me tell you about a free app called Homebot.
“You should always be aware of your equity in the property you own, as well as its market value.”
Simply enter your property and email address and Homebot will do the rest. Here are some of Homebot’s main features:
- Scans the homes around you and calculates your market value and equity.
- Gives you reports every two weeks so you know your equity position.
- Tells you what your home will rent for in most cases.
- Shows all this to you in beautiful charts and graphs.
- Gives you advice on investing and taking out another loan.
- Adds or subtracts from a mortgage balance.
- Fine-tunes your home’s valuation if you add to, improve, or change your property.
- Gets info on your properties in different states.
There’s no obligation, but I hope you try it out. If you have any questions or real estate needs for you or your family, don’t hesitate to reach out to me.
