Safeguards
May 31, 2022And Even More Safeguards
May 31, 2022Safeguards
Homes typically appreciate in value. The total value of your home is likely to appreciate over time, especially if it is located in a major city. Meanwhile, only the interest on the borrowed amount accrues. Even a modest home appreciation allows for equity preservation. This is why over 99% of homeowners have money left over when their loan is repaid.
Now that’s something to dance about! 😉