Equity

Equity is the value of your home minus what you owe on your mortgage. For example, If Joe's home is worth $200,000 and Joe still owes $170,000, then Joe's Equity is $30,000.

All homeowners in Atlanta Georgia and surrounding counties should be aware of the Rule of 50/20. For most mortgages, after making payments for 15 years on a 30 Year mortgage you will have only paid off around 20% of your principle. In other words, after paying for 50% of the term of your 30 Year mortgage, you will have only paid off 20% of what you owe on your home. That's the Rule of 50/20.

In the early years your mortgage payments are front-loaded with HUGE interest payments. Only a small amount each month goes towards your principle. Therefore it takes a long time to build decent Equity in your home.

Most homeowners in the Greater Atlanta Georgia Metro Area only stay in a home for around 7 years, that's very little time to build Equity.

Remember, agent/broker commissions come out of your Equity. Using the above example, if Joe's Equity is $30,000 and he pays 7% commissions ($14,000) to an agent/broker, Joe will lose close to 50% of his Equity just to have someone sell his house for him.

If Joe sold his home on http://www.fsboatl.com he saves this expense and protects his Equity.

For the latest updates visit: www.fsboatl.com

No Commissions - Just Results ?

---

Why Property Investors can Crash and Burn

Many experts say you can't lose if you put your... Read More

Safe, Scenic & Secure Sussex County Delaware

As I write this, there is a considerable concern about... Read More

Real Estate: Choose a Realtor You Can Trust

Today's volatile real estate market involves complex laws and fluctuating... Read More

Create a Great Webpage to Sell Your Home

The majority of people in the UK who are looking... Read More

The Person With The Most Money Wins!

More money can mean better:- Health Care - Relaxing... Read More

How to Build A Rental Property Money Machine

If you are looking for a steady, income-producing investment that... Read More

Choosing Your REALTOR �

With so many realtors competing for your business, how do... Read More

Easing Your Way Into Homeownership: A Guide To Low Down Payment Mortgage Programs

There's no question about it: Buying a first home is... Read More

Basic Tips for First Time Home Buyers

Choosing a first home can be a daunting task, but... Read More

Inspecting Your New Home - 17 Areas You Must Inspect Before Taking Possession

Congratulations! You've made your decision; you've chosen your new home... Read More

Investing in Real Estate Profitably: Financing Options for Purchase of Rental Houses, Part 1.

This is not an article about tricks for 100% (no... Read More

3 Top Real Estate Investing Methods for Maximum Wealth

Real Estate investing can be used to gain wealth in... Read More

How Can the Average Person Build Wealth in Real Estate?

Books on real estate are a dime a dozen-and most... Read More

Investing in Real Estate for Your Retirement (and Now!)

You've probably heard a lot of opposing information about Investing... Read More

Buying Real Estate Thats Not For Sale

Buying real estate can start with a look in the... Read More

First Impressions Will Sell Property Fast!

First impressions count, buyers will have already formed an impression... Read More

Questions Investors Should Ask When Buying and Selling Investment Property

If you're a real estate investor, here are several questions... Read More

If Your House Is a Mess, You Dont Have To Sell For Less

Don't be tempted by "We Buy Houses" or "Sell Your... Read More

Title Insurance ? Examples of Problems and Advice

What is title insurance and why should any buyer get... Read More

At Home In Your Overseas Home

Homeownership, in any form, is a big step for most... Read More

Spanish Estate Agents and Inspection Visits

The only way to buy a home in Spain is... Read More

Can I Sell My Private Mortgage Notes?

In this country millions of homes are sold every year.... Read More

Home Owner Association Restrictions ? Read Before Buying

Many communities have associations for homeowners, property owners, condo owners,... Read More

Making it affordable: Nine tips for first time home buyers

It seems that everyone loves a good real estate story.... Read More

Real Estate Wealth Protection Through Short Sales

Is a sharp correction in store for the real estate... Read More

Tidy Up The Outside, Reap The Rewards

There isn't a realtor in existence who wouldn't tell you... Read More

Raising Money For Property Development

In addition to finding the right property, one of the... Read More

Do You Want To Sell Your Rehabs Fast?

That's an obvious question ? we all do! So what... Read More

Home Hunting and the Internet

So, it's home hunting time. Where do you start? Who... Read More

Using The Internet In Your Lease Purchase Business

First you need to find a list of For Sale... Read More

Buying a House in Scotland

Buying a house in Scotland is slightly different from buying... Read More

Things To Consider Before Buying a Condo Hotel or Resort Residence

Resort home ownership, such as condo hotels and fractional shares... Read More

Business Credit Card Dirty Tricks

My system teaches people that the proper use of credit... Read More