Get financial clarity, insight, and analysis delivered straight to your inbox.
Subscribe to our weekly blog.
Many young adults face the challenge of moving from their "starter" home to the next home. Buying, selling, and moving between homes is no small task.
To determine home equity, a homeowner first needs to know the home's current value. All lenders will require a home appraisal with costs normally paid by the homeowner.
Having a say in every little detail of a brand new home sounds appealing, but be sure to weigh your financing options and consider the risks before breaking ground!