Reginald Perryman
Keller Williams Royal Oak

DISCOVER THE KW DIFFERENCE

Selecting a real estate agent is an important first step when buying or selling a home. You deserve an agent who will be at your side from beginning to end, ensuring that your transaction goes smoothly with the best possible outcome.

I am your resource for answers about the process and bring a wealth of local market knowledge. I will be with you through each step of the transaction from beginning to closing.

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Leverage Your Equity When You Sell Your House

One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate explains it like this: “Home equity is the portion of your home you’ve paid off – in other words, your stake in the property as opposed to the lender’s. In practical terms, home equity is the appraised value of your home minus any outstanding mortgage and loan balances.” Majority of Americans Have a Large Amount of Equity If you’ve owned your home for a while, you’ve likely built up some equity – and you may …
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Reginald Perryman

Keller Williams Royal Oak

Reginald Perryman | Licensed in the State of Michigan
Updated Mar 30, 2023 4:26:am

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