Understanding the Golden Opportunity Infront of You
Podcast: Business & Entrepreneurship Podcasting with Micheal & Tatiana: Formerly Known as the Watch4thehook · Micheal & Tatiana Parker
Opublikowano: 2026-10-07
*****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...