Building Wealth through Home Equity
In today's economy, accumulation of cash savings is something that has become harder and harder to achieve. While many are invested in 401K or retirement plans through their employer, liquid savings is often very hard to come by.
With the recent drops in mortgage rates and the continued growth of home values year after year, many consumers of all ages find themselves with a new option to obtain liquid funds for their cash savings.
Lets face generations before us all grew up that the home was something that you worked hard all your life to payoff and you lived happily ever after. We there is some good intentions with that belief, but you must remember that thought came out of the 1940s and 1950s, with the generations that came through the great depression and the world wars. That was a time when the home place was something that remained in the family for generations.
Fast forward to 2019 and so much of that has changed. Most people that have purchased a house in the last 15 years are likely to sell and move again. In fact the days of buying or building your forever home have long passed us by.
That is one of the leading reasons that so many homeowners have been contacting me to cash out some of their homes equity. They are using the money to pay off other debts which allows them to begin improving cash savings, others are taking the equity and placing it in savings right from the start.
Mortgage rates are at a level now that enables consumers to take a hard look at cashing out equity. For most of us its the best way to achieve getting a large sum on cash in savings. Satisfied that there will still be some equity remaining in the property and knowing that they are more likely to sell and go the the next home in the next few years, savvy consumers are creating new liquid wealth and changing the course of their future through cashing out some of the equity in their home.
For you free "EQUITY CASH OUT" review contact my office at 662-268-8877 today.
Andy Shurden, President NMLS #1450322
1st Legacy Capital LLC NMLS #1547824 270 Ridgeland Drive Starkville, MS 39759 www.MyFirstLegacy.com