The equity advantage! How to use your equity to leverage your next purchase

The equity advantage! How to use your equity to leverage your next purchase

As a seller looking to sell and purchase another property, do you know you can leverage your equity when selling your home? That’s right. 

Hi, I’m Tanja Odzak, Our East Bay Home brokered by eXp Realty… and I sell homes in Oakland, Berkeley, and the San Francisco East Bay 

One of the key benefits of being a homeowner is that you build equity over time in your home. So, what is equity and how does it grow? According to Bankrate and I quote “Home equity is the portion of your home you’ve paid off – in other words your stake in the property as opposed to the lenders. It is the appraised value of your home minus outstanding mortgage and loan balances.” Chances are if you have been in your home for a while, you’ve likely built up a considerable amount of equity and may not realize how much. According to the U.S. Census Bureau roughly 30% of homeowners have over 50% equity in their home. The equity you have built up can be used to finance a portion of your next home and put you in a stronger position to purchase. If you are a homeowner considering selling, let’s connect today so we can find out how much equity you may have to leverage your next move. 

And if you need to sell, ask me about my home selling plans where you get to pick which real estate services you want and the fee you pay… Most of the them include my super duper digital marketing that… no one else does in our area. I’m Tanja and I sell homes. I offer simplified and transparent choices! 

I’m a Top Producing Realtor® in the OAKLAND / BERKELEY / EAST BAY AREA. I’ve been in the San Francisco East Bay Area since I came up to do my undergrad at UC Berkeley (a long time ago!), with a short stint at UC Davis while getting my Master’s. I take my duties as a Realtor® and Fiduciary very seriously, I enjoy educating my sellers and buyers along the way. Putting People, Before Profit. 

Why not check out one of my no-obligation, online, On-Demand, virtual Real Estate Seminars?



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