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The Complete Guide to Buying a Home After College

Raleigh Realty

MAY 3, 2021

Build Equity Your home will have a value assigned to it, and you'll be making mortgage payments. The difference between the home's value and what is left in your mortgage is the equity. In other words, if your home is worth $100,000 and you have $60,000 remaining in your mortgage, you have $40,000 worth of equity.

Real Estate Agent 78
Real Estate Agent Real Estate Insurance Inspection 78
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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

MARCH 29, 2021

Think of equity as the amount of money your home is worth after what you owe is deducted. When your home value goes up and you start paying off the loan's principal balance, that builds equity. Make Predictable Monthly Payments When you're a renter, you're at the mercy of a landlord.

Government 148
Government Real Estate Agent Insurance Property Taxes 148
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