Homeowners should obtain independent appraisals to identify undervalued properties, then actively invest their equity by purchasing additional properties or neighborhood assets rather than letting it fluctuate, as this represents free money that can be leveraged for financial growth and community investment.
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Use Your Equity, Its Free MoneyAdded:
The equity's there.
And we're not tapping into it, right? I know we talk about young people trying to get into homes, but it's the the people that are in the homes that I'm I'm a lot concerned about. Retention.
Retention.
I would suggest this, go get an independent appraisal.
That's the first part.
The city undervalues our properties, we know that all the time. So, you get that little thing in the mail saying, "My house is worth 600." It's really worth 750, right? That's your money. That's your equity, right?
And if you don't scrape If you don't grab that equity, if you do sell that house, it goes to the next person.
Right? And that's the into that money.
Nobody really talks about that. But if you also have that equity, invest.
Buy up another house. You have siblings, you have a mom, you have a dad, I mean, you have a kids.
Buy another property, right? Don't let the equity sit there because the equity just fluctuates.
It's free money, right? Right? And so, we we don't talk about it that enough that pull that equity out, invest in something else in the neighborhood. And and and please, buy properties on on the corridors, right?
That's how we buy back the block.
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