Understanding the Golden Opportunity Infront of You

*****Subscribe Now***** Having $300k+ in equity means you own a $300,000 piece of your home's value outright, calculated as current market value minus remaining mortgage/liens. What $300kin Equity Actually is: Ownership stake: Financial jargon for the portion of the house you physically "own" versus the bank. Not Free Cash: It is trapped wealth tied up in a physical, non-liquid asset. You don't $300K sitting in a checking account. Subject to Friction Costs: If you sell, you lose -5% to -6% in relator/closing fees, plus moving/tax costs, reducing actual net cash. Tune into this episode to see what options this homeowner has and how to play the game to help change her financial standing for the better. #homeowner #homeequity #refianace #interestrates #fees #taxes #liens #mortgage