If you live in a home for a long period of time, you’re building equity off that home. Here’s how you can use that equity.
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How can you build wealth using your home?
When you live in your home over a long period of time, you’re building equity off that home. During that period, you’re paying more off the principal of that property instead of the interest. This is a useful way to pay down your mortgage and earn equity.
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You can use the equity of your home to
pay off debts and assets.
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You can use the equity of your home to
pay off debts and assets.
If you have any questions about this topic or are interested in buying or selling real estate, feel free to reach out to us so we can discuss building your portfolio and achieving financial freedom. I look forward to speaking with you!
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