(4)  ADD CURB APPEAL.  Can add about 3-5% to the value of your home.  Trim shrubs, plant flowers, paint your front door & pressure wash your siding & all done for just a few bucks.  (5)  SHORTEN YOUR LOAN TERM.  Choose of switch to a 15 year loan instead of a 30 year loan.  Higher monthly payments so be sure you can handle them  OR make an extra payment each month or each quarter.  JUST BUILD UP YOUR EQUITY!

(1)  PUT DOWN MORE WHEN YOU BUY.  That will give your more equity.  (2)  PAY YOUR MORTGAGE (then some).  Make extra payments, such as one more per quarter.  (3)  MAKE IMPROVEMENTS.  An updated kitchen & bath will increase your home’s value & boost your equity.  MORE TO COME.

This equity eventually become liquid cash that you can access, either by selling your home OR borrowing against it.  There are other ways to grow wealth, but WE ALL NEED A PLACE TO LIVE.  If you are going to pay housing costs each month, you might as well build equity.  MORE TO COME.